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UPL Limited

BSE: UPL512070ISIN INE628A01036
  • Commodities
  • Pesticides & Agrochemicals
  • BSE 200

Share price

₹528.50+9.50 (+1.83%)
as of 4 Nov 2026
UPL Limited share price, 4 Nov 2025 to 4 Nov 2026: ₹731.30 to ₹528.50 (-27.7%). Low ₹484.00, high ₹805.45. Volume shown below the price.

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded. Earlier history is omitted pending corporate-action verification.

52W high
₹812.00
52W low
₹476.50
Off 52W high
-34.91%
1M return
+5.32%
3M return
-8.41%
6M return
-19.99%
1Y return
-27.73%
20D avg volume
55,428
50 DMA
₹542.88
200 DMA
₹615.14

Key ratios Consolidated

Market cap
₹44,614 Cr
Current price
₹528.50
52W high / low
₹812.00 / ₹476.50
Face value
₹2.00
P/E
20.63
P/B
1.28
EPS (TTM)
₹25.62
Book value / share
₹412.12
ROE
—
ROCE
11.20%
Operating margin
—
Net margin
—
Debt / equity
0.53
Net debt
₹16,071 Cr
Interest cover
1.99
Dividend yield
1.14%
Dividend / share (TTM)
₹6.00
Payout
23.42%
Cash conversion cycle
130.6 days

Financials

MetricQ2 FY27Q1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24
Income statement
11,86010,18118,33512,26912,0199,21615,57310,90711,0909,06714,0789,887
186.00217.00178.0092.00250.00143.00107.00170.00111.0098.00126.00151.00
12,04610,39818,51312,36112,2699,35915,68011,07711,2019,16514,20410,038
11,29810,41516,52811,55311,5739,55814,00110,36911,5059,53914,11411,661
6,6155,6216,4696,3626,1364,9618,5515,3295,8234,5209,0096,323
960.001,472568.001,117709.001,4140.00—————
1,2401,5271,6401,3791,4661,3221,4511,1841,3371,3371,0361,155
819.00852.00836.00774.00784.001,007914.00730.001,070913.001,0901,191
819.00832.00915.00827.00771.00731.00705.00688.00697.00660.00794.00676.00
3,0212,8893,0142,7272,7992,3292,3802,2512,2031,9772,1251,979
748.00-17.001,985808.00696.00-199.001,679708.00-304.00-374.0090.00-1,623
-1.00-9.00-16.00-56.00142.00-9.00-275.00-76.00-8.00-49.00-105.00-17.00
747.00-26.001,969752.00838.00-208.001,404632.00-312.00-423.00-15.00-1,640
163.0036.00598.00181.00172.00-14.00298.00499.00138.0072.00110.0059.00
452.00-73.001,294490.00612.00-176.001,079853.00-585.00-527.00-80.00-1,607
4.990.1212.574.696.75-1.9811.429.98-5.90-6.020.00-17.11
Key metrics
2,3851,6583,7202,3532,3931,5303,0232,0501,4551,1501,869227.00
20.10%16.30%20.30%19.20%19.90%16.60%19.40%18.80%13.10%12.70%13.30%2.30%
3.80%-0.70%7.10%4.00%5.10%-1.90%6.90%7.80%-5.30%-5.80%-0.60%-16.30%
2.80%—4.60%—2.80%—3.90%—————
-1.30%10.50%17.70%12.50%8.40%1.60%10.60%10.30%————
-26.10%58.50%19.90%-42.60%204.60%66.60%1,448.80%153.10%————
MetricTTMFY26FY25FY24FY23FY22FY21FY20FY19FY18
Income statement
52,64551,83946,63743,09853,57646,24038,69435,75621,83717,506
673.00663.00486.00483.00477.00281.00258.00104.00240.00414.00
53,31852,50247,12343,58154,05346,52138,95235,86022,07717,920
49,79449,21245,41445,17448,89041,36534,57532,47619,95615,459
25,06723,92824,22324,49427,28122,07219,09618,74310,9048,112
4,1173,8080.00———————
5,7865,8075,3094,6825,0564,6223,7123,3912,0951,713
3,2813,4013,6273,8522,9632,2952,0601,481963.00783.00
3,3933,2442,7502,7632,5472,3592,1732,012969.00675.00
11,65110,8699,5058,3169,9569,3967,2476,5184,7264,037
3,5243,2901,709-1,5935,1635,1564,3773,3842,1212,461
-82.0061.00-408.00-252.00-170.00-324.00-238.00-623.00-451.00-63.00
3,4423,3511,301-1,8454,9934,8324,1392,7611,6702,398
978.00937.009.00209.00736.00529.00686.00586.00165.00275.00
2,1632,220820.00-1,8784,4144,4373,4952,1781,5192,030
22.3722.329.85-17.8045.7945.8736.4023.2428.42—
Key metrics
10,1169,9967,6784,77010,5039,4868,3726,2543,6023,856
19.22%19.30%16.50%11.10%19.60%20.50%21.60%17.50%16.50%22.00%
4.11%4.30%1.80%-4.40%8.20%9.60%9.00%6.10%7.00%11.60%
—11.20%8.30%———————
10.33%11.20%8.20%-19.60%15.90%19.50%8.20%63.70%24.70%—
-8.66%170.70%143.70%-142.50%-0.50%27.00%60.50%43.40%-25.20%—
—6,1899,338———————
—3.5412.38———————
—0.530.63———————
—16,07114,236———————
—130.6117.0———————
Balance sheet
—95,20588,002———————
—42,16239,617———————
—5,9759,478———————
—17,87415,505———————
—12,67610,316———————
—3,2472,827———————
—8,4748,107———————
—12,01810,867———————
—34,74828,569———————
—22,04623,714———————
—6,5115,451———————
—15,53518,263———————
—41,26937,826———————
Cash flow
—7,85510,151———————
—-2,362-1,840———————
—-9,883-4,793———————
—1,666813.00———————
MetricQ2 FY27Q1 FY27Q4 FY26Q3 FY26Q2 FY26Q1 FY26Q4 FY25Q3 FY25Q2 FY25Q1 FY25Q4 FY24Q3 FY24
Income statement
1,8261,3971,1861,3901,5121,6602,0111,4271,090802.001,2482,626
69.00123.00417.0074.00321.0094.0010.005.00113.002.0013.0020.00
1,8951,5201,6031,4641,8331,7542,0211,4321,203804.001,2612,646
1,7631,4001,1201,3891,4781,6222,1661,3861,172820.001,2132,683
648.00455.00269.00425.00680.00479.00451.00590.00220.00503.00387.001,498
741.00950.00387.00623.00586.00916.001,662262.00260.00145.00429.00181.00
54.0064.0057.0055.0061.0065.0060.0044.0041.0043.0021.00102.00
24.0025.0029.0032.0043.0022.0051.0056.0080.0045.0049.00103.00
26.0025.0028.0032.0032.0033.0034.0039.0028.0034.0028.00172.00
199.00223.00131.00193.00160.00185.00247.00212.00168.00136.00152.00509.00
132.00120.00483.0075.00355.00132.00-145.0046.0031.00-16.0048.00-37.00
0.000.00-18.00-14.000.000.001,857255.00———22.00
132.00120.00465.0061.00355.00132.001,712301.0031.00-16.0048.00-15.00
33.0031.00106.0029.0083.0010.00-27.00573.003.00—28.0061.00
99.0089.00359.0032.00272.00122.001,739992.00147.0061.00-10.0046.00
1.171.054.250.373.321.5322.1611.500.37-0.211.010.61
Key metrics
182.00170.00522.00125.00430.00187.001,797396.00139.0063.00125.00260.00
10.00%12.20%44.00%9.00%28.40%11.30%89.40%27.80%12.80%7.90%10.00%9.90%
5.40%6.40%30.30%2.30%18.00%7.30%86.50%69.50%13.50%7.60%-0.80%1.80%
1.10%—3.40%—2.70%—13.00%—————
20.80%-15.80%-41.00%-2.60%38.70%107.00%61.10%-45.70%————
-63.60%-27.00%-79.40%-96.80%85.00%100.00%17,490.00%2,056.50%————
MetricTTMFY26FY25FY24FY23FY22FY21FY20FY19FY18
Income statement
5,7995,7485,3305,39818,78316,44911,3459,6418,6607,374
683.00906.00147.00804.00462.00631.00113.00506.00560.00435.00
6,4826,6545,4776,20219,24517,08011,45810,1479,2207,809
5,6725,6095,5445,27117,94915,81311,0099,5998,7307,226
1,7971,7991,8832,96210,7088,6905,6394,7054,7413,517
2,7012,5122,329841.002,0471,870872.00607.00521.00404.00
230.00238.00189.00115.00828.00767.00685.00646.00551.00486.00
110.00126.00231.00144.00499.00377.00307.00272.00185.00135.00
111.00125.00135.00130.00951.001,044977.00891.00724.00666.00
746.00723.00615.00597.003,958——2,1902,1051,896
810.001,045-67.00931.001,2961,267449.00548.00490.00583.00
-32.00-32.002,112—-12.00-6.00-15.00-10.00-4.00-7.00
778.001,0132,045931.001,2841,261434.00538.00486.00576.00
199.00228.00-598.0040.00309.0085.00214.0077.0081.0028.00
579.00785.002,9391,208975.001,176220.00461.00405.00548.00
6.849.4638.1311.8712.9615.392.886.037.96—
Key metrics
999.001,2642,4111,2052,7342,6821,7181,7011,3951,377
17.23%22.00%45.20%22.30%14.60%16.30%15.10%17.60%16.10%18.70%
9.98%13.70%55.10%22.40%5.20%7.10%1.90%4.80%4.70%7.40%
—7.70%16.80%———————
-12.27%7.80%-1.30%-71.30%14.20%45.00%17.70%11.30%17.40%—
-81.47%-73.30%143.30%23.90%-17.10%434.50%-52.30%13.80%-26.10%—
—-2,279-1,178———————
—-2.86-0.31———————
—0.060.05———————
—807.00466.00———————
—164.690.7———————
Balance sheet
—17,95117,941———————
—7,9217,175———————
—29.00104.00———————
—3,3133,694———————
—485.00440.00———————
—3,8602,773———————
—712.00660.00———————
—1,2072,810———————
—3,2064,429———————
—836.00570.00———————
—836.00570.00———————
—0.000.00———————
—14,03612,021———————
Cash flow
—-2,243-923.00———————
—783.00843.00———————
—1,38538.00———————
—36.00255.00———————

Compounded growth

Standalone

Sales CAGR 3Y
-32.61%
Sales CAGR 5Y
-12.71%
Profit CAGR 3Y
-6.97%
Profit CAGR 5Y
+28.97%
Sales YoY (TTM)
-12.27%
Profit YoY (TTM)
-81.47%

Consolidated

Sales CAGR 3Y
-1.09%
Sales CAGR 5Y
+6.02%
Profit CAGR 3Y
-20.47%
Profit CAGR 5Y
-8.68%
Sales YoY (TTM)
+10.33%
Profit YoY (TTM)
-8.66%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding
33.50%
QuarterSeptember 2026June 2026
Promoter %33.50%33.50%
HolderTypeHoldingPreviousChange
Demuric Holdings Private LimitedPromoter22.03%0.62%+21.41%
Uniphos Enterprises LimitedPromoter Group4.94%4.94%0.00%
Life Insurance Corporation Of India with Sub AccountsPublic4.33%——
Icici Prudential India Opportunities Fund with Sub AccountsPublic3.24%——
Sbi Contra Fund with Sub AccountsPublic1.93%——
Suresight Ventures LimitedPromoter Group1.74%1.74%0.00%
Harmonic Ventures LimitedPromoter Group1.61%1.61%0.00%
Mfs International Growth FundPublic1.60%1.66%-0.06%
Pzena Emerging Markets Value FundPublic1.47%1.49%-0.02%
Lazard Emerging Markets Equity PortfolioPublic1.45%1.27%+0.18%
Jaidev Rajnikant ShroffPromoter1.37%1.37%0.00%
Jp Morgan Chase Bank, NaPublic1.32%1.32%0.00%
Vanguard International Value FundPublic1.16%1.19%-0.03%
Seafarer Overseas Growth & Income FundPublic1.16%1.16%0.00%
Vikram Rajnikant ShroffPromoter1.14%1.14%0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

CompanyMkt cap (₹ Cr)Price (₹)P/EROCESales YoYProfit YoY1Y return
UPL Limited44,614528.5020.6311.20%+10.33% TTM-8.66% TTM-27.73%
PI Industries Limited33,1782,186.8028.4814.60%-16.57% TTM-27.70% TTM-40.62%
SUMITOMO CHEMICAL INDIA LIMITED16,369327.9529.2821.00%-2.59% TTM+2.94% TTM-34.32%
Bayer CropScience Limited. S14,6063,249.8519.5927.90%-5.00% TTM+22.45% TTM-32.80%
Sharda Cropchem Limited6,122678.609.5125.30%+17.28% TTM+42.42% TTM-16.28%
Dhanuka Agritech Ltd. S4,203942.7514.8322.10%-0.06% TTM+1.17% TTM-28.35%
Rallis India Ltd S3,681189.3018.6912.30%+6.82% TTM+11.93% TTM-27.67%
NACL Industries Limited2,948125.85238.317.80%+11.90% TTM+121.22% TTM—
Bhagiradha Chemicals and Industries2,521194.40110.744.40%+30.21% TTM+125.02% TTM-21.34%
GSP CROP SCIENCE LIMITED2,036437.70—20.20%———
Insecticides India Ltd.1,619556.5512.9416.10%+1.26% TTM-17.02% TTM-22.64%
Bharat Rasayan Limited1,605965.652.8615.10%-5.17% TTM+4.24% TTM-65.15%
Meghmani Organics Limited1,41455.6222.028.60%-5.19% TTM+118.28% TTM-28.34%
India Pesticides Limited1,326115.1014.0316.20%+2.89% TTM-9.46% TTM-37.97%
ASTEC LIFESCIENCES LIMITED1,266568.00-15.91-10.50%+16.06% TTM+30.16% TTM-14.44%
Punjab Chemicals and Crop Protection Ltd.1,127919.3518.6920.70%+13.95% TTM+15.36% TTM-29.54%
Dharmaj Crop Guard Limited S847250.7515.1117.60%+3.73% TTM+15.20% TTM-2.37%
Advance Agrolife Limited S845131.5017.3017.20%——+1.08%
Heranba Industries Limited608152.05-7.91-2.40%-2.56% TTM-853.72% TTM-48.54%
BEST AGROLIFE LIMITED51614.5410.717.60%-19.67% TTM+276.02% TTM-32.22%
Shivalik Rasayan Ltd.482300.7024.544.90%+14.88% TTM+1.34% TTM-34.47%
MAHAMAYA LIFESCIENCES LIMITED424181.00—25.20%———
Indogulf Cropsciences Limited39161.798.9714.70%——-39.98%
Bhaskar Agrochemicals Ltd. S55105.9011.1631.80%+21.00% TTM-9.34% TTM+2.17%
Super Crop Safe Ltd. S5413.3423.825.80%+43.30% TTM+55.56% TTM+27.78%

Filings & corporate actions

Recent announcements

Corporate actions

PurposeEx dateRecord datePayment date
Final Dividend - Rs. - 6.000017 Jul 202617 Jul 2026—
Final Dividend - Rs. - 6.000011 Jul 202511 Jul 2025—
Right Issue of Equity Shares26 Nov 202426 Nov 2024—
Final Dividend - Rs. - 1.000012 Aug 2024——

Board meetings

  • Board Meeting - Financial Results
  • Board Meeting - Financial Results