	C 2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	C 2015 Mar 31	R 2016 Mar 31	2017 Mar 31	2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M IR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Total Revenue	7,671	9,186	10,771	12,091	14,048	16,312	17,378	21,837	35,756	38,694	46,240	53,576	43,098	46,637	51,839
Cost of Operating Revenue	4,387	5,079	5,893	6,499	7,548	8,594	8,913	11,972	21,021	21,606	24,745	30,168	27,530	27,276	29,135
Gross Profit	3,284	4,106	4,877	5,591	6,500	7,718	8,465	9,865	14,735	17,088	21,495	23,408	15,568	19,361	22,704
Gross Margin	42.8	44.7	45.3	46.2	46.3	47.3	48.7	45.2	41.2	44.2	46.5	43.7	36.1	41.5	43.8
Total Operating Expenses	6,589	7,899	9,170	10,154	12,101	13,756	14,527	18,595	30,645	32,302	38,423	44,957	40,341	41,257	45,495
Operating Profit	1,082	1,287	1,601	1,937	1,947	2,556	2,851	3,242	5,111	6,392	7,817	8,619	2,757	5,380	6,344
Operating Margin	14.1	14.0	14.9	16.0	13.9	15.7	16.4	14.8	14.3	16.5	16.9	16.1	6.4	11.5	12.2
Financing Income/(Expense) - Net	-357	-315	-246	-663	-652	-609	-395	-996	-1,793	-2,010	-2,602	-3,586	-4,379	-3,800	-3,717
Profit before Taxes	729	944	1,157	1,410	1,117	1,922	2,305	1,773	2,764	4,181	4,966	5,150	-2,087	829	3,157
Income Taxes	128	203	222	244	165	189	275	198	586	686	529	736	-209	9	937
Profit after Tax	560	778	950	1,144	940	1,727	2,022	1,491	1,776	2,871	3,626	3,570	-1,200	897	1,922
PAT Margin	7.3	8.5	8.8	9.5	6.7	10.6	11.6	6.8	5.0	7.4	7.8	6.7	-2.8	1.9	3.7
EPS - Basic - ex Extraordinary Items	7.69	10.98	13.93	17.14	11.86	21.78	25.44	18.72	22.30	34.91	44.00	43.90	-17.07	9.85	22.32
EPS - Diluted - ex Extraordinary Items	7.69	10.98	13.81	17.14	11.79	21.68	25.44	18.72	22.30	34.91	44.00	43.90	-17.07	9.62	22.32
EBIT	1,082	1,287	1,601	1,937	1,947	2,556	2,851	3,242	5,111	6,392	7,817	8,619	2,757	5,380	6,344
EBITDA	1,391	1,641	2,008	2,361	2,623	3,228	3,526	4,122	7,123	8,565	10,176	11,166	5,520	8,130	9,588
EBITDA Margin	18.1	17.9	18.6	19.5	18.7	19.8	20.3	18.9	19.9	22.1	22.0	20.8	12.8	17.4	18.5

Balance Sheet

Abridged

Understanding Balance Sheet

UPL Ltd. balance sheet covering assets, liabilities, equity and borrowings across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	R 2012 Mar 31	C 2013 Mar 31	C 2014 Mar 31	R 2015 Mar 31	R 2016 Mar 31	2017 Mar 31	C 2018 Mar 31	R 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Source:	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	AR	PRESS
Total Current Assets	5,750	7,437	7,552	9,500	11,207	13,698	15,024	26,722	29,241	30,070	39,728	42,028	39,328	39,661	42,295
Long-Term Investments	24	210	203	180	-14	30	648	298	198	201	522	605	655	614	1,040
Property Plant & Equipment - Net	1,395	1,567	1,746	2,182	2,600	3,116	3,964	5,856	7,297	8,046	9,262	10,267	10,814	10,046	10,913
Total Non-Current Assets	4,619	5,016	5,307	5,007	5,783	6,685	8,021	36,446	40,844	40,363	42,951	46,549	48,218	48,341	52,910
Total Assets	10,369	12,453	12,858	14,505	16,988	20,381	23,043	63,166	70,083	70,431	82,679	88,577	87,546	88,002	95,205
Total Current Liabilities	3,123	4,198	4,640	6,574	8,168	7,028	7,642	16,261	16,686	19,627	28,196	29,037	26,861	28,569	34,748
Long Term Debt	2,377	2,812	2,254	1,793	2,266	5,350	5,873	26,383	27,957	22,726	22,231	20,819	24,968	19,256	16,556
Total Non-Current Liabilities	2,823	3,375	2,799	2,526	2,887	5,923	6,213	28,736	30,803	26,224	25,175	24,111	27,979	21,607	19,188
Total Liabilities	5,946	7,574	7,439	9,100	11,055	12,951	13,855	44,997	47,489	45,851	53,371	53,148	54,840	50,176	53,936
Total Shareholders' Equity	4,173	4,645	5,247	5,357	5,889	7,397	9,169	14,715	16,296	17,901	21,675	26,858	24,807	29,213	34,696
Minority Interest	250	234	172	48	44	33	19	3,454	3,312	3,693	4,647	5,585	4,913	5,627	6,573
Total Equity	4,423	4,879	5,419	5,405	5,933	7,430	9,188	18,169	22,594	24,580	29,308	35,429	32,706	37,826	41,269
Total Liabilities & Equity	10,369	12,453	12,858	14,505	16,988	20,381	23,043	63,166	70,083	70,431	82,679	88,577	87,546	88,002	95,205

Cash Flow

Abridged

Understanding Cash Flow Statement

UPL Ltd. cash flow statement covering operating, investing and financing activities across annual and quarterly periods.

Consolidated

Standalone

Annual

Interim

	C 2012 Mar 31	2013 Mar 31	C 2014 Mar 31	2015 Mar 31	R 2016 Mar 31	C 2017 Mar 31	2018 Mar 31	C 2019 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31	2026 Mar 31

Period length: Source:	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M AR	12M PRESS
Operating CF bef Changes in Working Cap	1,066	1,307	1,468	1,285	1,569	1,953	2,582	2,087	4,128	5,942	6,477	6,959	10	3,502	6,661
Working Capital - Increase/(Decrease)	-1,127	104	-397	-553	-704	44	-323	-563	3,050	-214	-1,767	-1,369	-1,271	3,620	-1,173
Net CF from Operating Activities	-61	1,411	1,071	732	865	1,997	2,259	1,524	7,178	5,728	4,710	5,590	-1,261	7,122	5,488
Capital Expenditures - Net	567	446	566	775	1,012	1,203	1,404	1,553	1,935	2,065	2,565	2,289	1,954	1,255	2,353
Net CF from Investing Activities	-715	-864	-474	-394	-1,774	-1,122	-2,232	-31,095	-2,728	-2,272	-3,974	-1,674	-2,800	-2,139	-2,874
Dividends Paid - Cash - Total	92	115	110	171	213	212	357	407	407	458	764	750	749	77	478
Stock - Issuance/(Retirement) - Net	-	-223	-283	-	-	-	-	8,358	-	-	-	2,699	-	-	-
Debt - LT & ST - Issuance/(Retirement) - Total	218	637	-850	-69	1,284	1,079	286	21,966	-32	-4,501	1,028	-4,965	4,371	-4,251	-6,517
Net Cash Flow from Financing Activities	100	266	-1,255	-252	1,055	851	-83	29,901	-529	-5,058	20	-3,882	3,569	-1,465	-7,004
Free Cash Flow to Equity	-410	1,603	-345	-112	1,137	1,873	1,141	21,937	5,211	-838	3,173	-1,664	1,156	1,616	-3,382
Free Operating CF net dividend	-722	820	383	-282	-362	526	489	-458	4,791	3,148	1,258	2,480	-4,005	5,350	2,604
Free Operating CF	-630	935	494	-111	-149	738	846	-51	5,198	3,606	2,022	3,230	-3,256	5,427	3,082

Business Segment Analysis

FY End:

Mar 25

UPL Ltd. business segment breakdown covering revenue, operating income and assets across key divisions for the selected financial year.

Capex

Crop Protection (47.7%)₹ 1,546.00 CrCrop Protection (47.7%)₹ 1,546.00 CrSeeds Business (3.1%)₹ 100.00 CrNon - Agro Activity (1.5%)₹ 49.00 CrUnallocated (0.0%)₹ 0.00 Cr

Revenue / Sales

Crop Protection (45.9%)₹ 39,796.00 CrCrop Protection (45.9%)₹ 39,796.00 CrSeeds Business (5.4%)₹ 4,678.00 CrNon - Agro Activity (2.8%)₹ 2,383.00 Cr

Assets

Crop Protection (42.2%)₹ 64,265.00 CrCrop Protection (42.2%)₹ 64,265.00 CrUnallocated (11.4%)₹ 17,371.00 CrSeeds Business (3.3%)₹ 5,039.00 CrNon - Agro Activity (0.9%)₹ 1,327.00 Cr

Regional Segment Analysis

FY End:

Mar 25

UPL Ltd. geographic revenue split showing domestic and international market performance across revenue and income for the selected financial year.

Revenue / Sales

ROW (53.3%)₹ 25,020.00 CrBrazil (21.4%)₹ 10,040.00 CrIndia (12.7%)₹ 5,951.00 CrNorth America (11.2%)₹ 5,278.00 CrUnited Kingdom (0.7%)₹ 348.00 CrUnited Kingdom (0.7%)₹ 348.00 Cr

Historical Segment Analysis

Track how UPL Ltd. segment contributions have evolved over multiple financial years to see which divisions are growing, shrinking or gaining strategic importance.

Capex

Sales

Assets

Business

Regional

Business

	2012 Mar 31	2013 Mar 31	2014 Mar 31	2015 Mar 31	2016 Mar 31	2018 Mar 31	2020 Mar 31	2021 Mar 31	2022 Mar 31	2023 Mar 31	2024 Mar 31	2025 Mar 31

Crop Protection	-	-	-	-	-	-	-	-	-	86	92	1,546
Crop Protection	-	-	-	-	-	-	-	-	-	86	92	1,546
Seeds Business	-	-	-	-	-	-	-	-	-	542	196	100
Non - Agro Activity	41	27	88	64	32	69	50	142	49	68	12	49
Agro Activity	1,237	508	468	665	970	1,325	1,984	1,976	2,193	1,892	1,695	-
Unallocated	74	16	34	130	1	19	5	4	426	-	-	0

Frequently Asked Questions

What is the revenue of UPL Ltd.?

The latest trailing twelve month revenue of UPL Ltd. is ₹ 51,839.00 Cr, reflecting a 1-year growth of 11.15% and a 3-year CAGR of -1.09%. Annual and quarterly revenue trends are available in the Income Statement section.

What is the net profit of UPL Ltd.?

The latest trailing twelve month net profit (PAT) of UPL Ltd. is ₹ 1,922.00 Cr, with a 3-year earnings CAGR of -20.19%. Detailed profit history across annual and quarterly periods is in the Income Statement section.

What is the EBITDA of UPL Ltd.?

The trailing twelve month EBITDA of UPL Ltd. is approximately ₹ 6,344.00 Cr (based on an operating margin of 12.24%). EBITDA reflects core operating profitability before interest, taxes, depreciation and amortisation.

What is the EPS of UPL Ltd.?

The trailing twelve month Earnings Per Share (EPS) of UPL Ltd. is 22.32. EPS trends across annual and quarterly periods are visible in the Income Statement section.

What is the debt level of UPL Ltd.?

The debt-to-equity ratio of UPL Ltd. stands at 0.68. The interest coverage ratio is 1.87x, reflecting the company's ability to service debt from operating earnings. The full breakdown of total borrowings is in the Balance Sheet section.

What is the book value per share of UPL Ltd.?

The estimated book value per share of UPL Ltd. is 424.91 (derived from a P/B ratio of 1.43 and market price of ₹ 608.85), reflecting the net asset value attributable to each share. See the Balance Sheet section for a full breakdown.

What is the cash flow from operations of UPL Ltd.?

The trailing twelve month operating cash flow of UPL Ltd. is ₹ 5,488.00 Cr. Annual and quarterly cash flow data is available in the Cash Flow section of the Statements tab.

Does UPL Ltd. report consolidated or standalone financials?

UPL Ltd. reports consolidated financials. You can toggle between consolidated and standalone views using the switch at the top of each statement section.