NSE UPL · BSE 512070 · Chemical Manufacturing · NIFTY 500
UPL Share Price
UPL Overview
Where the price stands, how it has moved and how it sits against its averages.
UPL shares last traded at ₹549.60 on the NSE, down 1.24% on the day. That is 32.3% below the 52-week high of ₹812.00 and -0.1% above the 52-week low of ₹550.00. The stock trades at 23.02× earnings, above the sector average of 20.26. Its market value is ₹46,185 Cr.
Price returns
Against the market: 1 Month ▼ −2.82% · 3 Months ▼ −5.02% · 6 Months ▼ −11.01% · This year ▼ −20.77% · 1 Year ▼ −10.38%
Shading grows with the size of the move. Prices refresh every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next update from Mon 28 Sep, 9:15 AM.
Moving averages — price is above 0 of 6
- 300-day average₹652.31 ▼ price 15.7% below
- 100-day average₹602.29 ▼ price 8.7% below
- 50-day average₹582.52 ▼ price 5.7% below
- 20-day average₹571.86 ▼ price 3.9% below
- 10-day average₹566.67 ▼ price 3.0% below
- 5-day average₹561.03 ▼ price 2.0% below
- Today's price₹549.60
Averages above today's price sit higher on the ladder. Price above most of its averages is usually read as an upward trend.
UPL Financial Results
Revenue and net profit in ₹ crore, with the full statements underneath.
Year by year
| Fiscal year | Revenue | Growth | Net profit | Net margin | EPS | Dividend |
|---|---|---|---|---|---|---|
| FY 2026 | ₹51,839 Cr | ▲ +11.2% | ₹1,922 Cr | 3.7% | ₹23.16 | ₹6.00 |
| FY 2025 | ₹46,637 Cr | ▲ +8.2% | ₹897 Cr | 1.9% | ₹9.62 | ₹6.00 |
| FY 2024 | ₹43,098 Cr | ▼ −19.6% | −₹1,200 Cr | −2.8% | −₹17.07 | ₹0.96 |
| FY 2023 | ₹53,576 Cr | ▲ +15.9% | ₹3,570 Cr | 6.7% | ₹43.90 | ₹9.59 |
| FY 2022 | ₹46,240 Cr | ▲ +19.5% | ₹3,626 Cr | 7.8% | ₹44.00 | ₹9.59 |
| FY 2021 | ₹38,694 Cr | ▲ +8.2% | ₹2,871 Cr | 7.4% | ₹34.91 | ₹9.59 |
| FY 2020 | ₹35,756 Cr | — | ₹1,776 Cr | 5.0% | ₹22.30 | ₹5.76 |
Quarter by quarter
| Quarter | Revenue | vs prev. qtr | Net profit | Net margin | EPS |
|---|---|---|---|---|---|
| Q1 FY27 | ₹10,181 Cr | ▼ −44.5% | ₹10 Cr | 0.1% | ₹0.12 |
| Q4 FY26 | ₹18,335 Cr | ▲ +49.4% | ₹1,061 Cr | 5.8% | ₹13.43 |
| Q3 FY26 | ₹12,269 Cr | ▲ +2.1% | ₹396 Cr | 3.2% | ₹4.70 |
| Q2 FY26 | ₹12,019 Cr | ▲ +30.4% | ₹553 Cr | 4.6% | ₹6.56 |
| Q1 FY26 | ₹9,216 Cr | ▼ −40.8% | −₹88 Cr | −1.0% | −₹1.11 |
| Q4 FY25 | ₹15,573 Cr | ▲ +42.8% | ₹896 Cr | 5.8% | ₹8.37 |
| Q3 FY25 | ₹10,907 Cr | ▼ −1.7% | ₹828 Cr | 7.6% | ₹11.03 |
| Q2 FY25 | ₹11,090 Cr | — | −₹443 Cr | −4.0% | −₹5.66 |
Balance sheet — FY26
- Total assets₹95,205 Cr
- Total liabilities₹60,509 Cr
- Shareholders' equity₹34,696 Cr
- Total debt₹23,390 Cr
- Cash & investments₹6,696 Cr
- Current ratio1.22×
- Revenue growth, 5 yr6.02% a year
- EPS growth, 5 yr−7.88% a year
- Operating margin (TTM)12.31%
- Net margin (TTM)4.40%
Cash flow — FY26
Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.
Full financial statements, FY20–FY26
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total revenue | 35,756.00 | 38,694.00 | 46,240.00 | 53,576.00 | 43,098.00 | 46,637.00 | 51,839.00 |
| Cost of revenue | 19,009.00 | 19,433.00 | 22,386.00 | 27,621.00 | 24,767.00 | 24,526.00 | 26,215.00 |
| Gross profit | 16,747.00 | 19,261.00 | 23,854.00 | 25,955.00 | 18,331.00 | 22,111.00 | 25,624.00 |
| Operating expenses | 31,284.00 | 32,544.00 | 38,756.00 | 45,131.00 | 40,597.00 | 41,664.00 | 45,411.00 |
| Operating income | 4,472.00 | 6,150.00 | 7,484.00 | 8,445.00 | 2,501.00 | 4,973.00 | 6,428.00 |
| Depreciation | 2,012.00 | 2,173.00 | 2,359.00 | 2,547.00 | 2,763.00 | 2,750.00 | 3,244.00 |
| Profit before tax | 2,764.00 | 4,181.00 | 4,966.00 | 5,150.00 | −2,087.00 | 829.00 | 3,157.00 |
| Tax | 586.00 | 686.00 | 529.00 | 736.00 | −209.00 | 9.00 | 937.00 |
| Net profit | 1,776.00 | 2,871.00 | 3,626.00 | 3,570.00 | −1,200.00 | 897.00 | 1,922.00 |
| EPS (₹) | 22.30 | 34.91 | 44.00 | 43.90 | −17.07 | 9.62 | 23.16 |
| Dividend per share (₹) | 5.76 | 9.59 | 9.59 | 9.59 | 0.96 | 6.00 | 6.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| Total assets | 70,083.00 | 70,431.00 | 82,679.00 | 88,577.00 | 87,546.00 | 88,002.00 | 95,205.00 |
| Current assets | 29,241.00 | 30,070.00 | 39,728.00 | 42,028.00 | 39,328.00 | 39,661.00 | 42,295.00 |
| Cash & short-term investments | 6,727.00 | 4,867.00 | 6,947.00 | 6,173.00 | 6,356.00 | 9,923.00 | 6,696.00 |
| Inventory | 7,850.00 | 9,422.00 | 13,078.00 | 13,985.00 | 12,776.00 | 10,972.00 | 13,494.00 |
| Property, plant & equipment | 7,297.00 | 8,046.00 | 9,262.00 | 10,267.00 | 10,814.00 | 10,046.00 | 10,913.00 |
| Total liabilities | 50,801.00 | 49,544.00 | 58,018.00 | 58,733.00 | 59,753.00 | 55,803.00 | 60,509.00 |
| Current liabilities | 16,686.00 | 19,627.00 | 28,196.00 | 29,037.00 | 26,861.00 | 28,569.00 | 34,748.00 |
| Total debt | 29,386.00 | 24,406.00 | 26,611.00 | 23,826.00 | 29,559.00 | 24,921.00 | 23,390.00 |
| Total equity | 19,282.00 | 20,887.00 | 24,661.00 | 29,844.00 | 27,793.00 | 32,199.00 | 34,696.00 |
| ₹ crore | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|
| From operations | 8,739.00 | 7,212.00 | 6,496.00 | 7,751.00 | 1,822.00 | 10,151.00 | 7,855.00 |
| From investing | −2,643.00 | −2,101.00 | −3,819.00 | −1,490.00 | −2,478.00 | −1,840.00 | −2,362.00 |
| From financing | −2,175.00 | −6,713.00 | −1,921.00 | −6,227.00 | 164.00 | −4,793.00 | −9,883.00 |
| Capital expenditure | −1,980.00 | −2,122.00 | −2,688.00 | −2,360.00 | −1,995.00 | −1,695.00 | −2,406.00 |
| Dividends paid | −407.00 | −458.00 | −764.00 | −750.00 | −749.00 | −77.00 | −478.00 |
| Net change in cash | 3,898.00 | −1,927.00 | 1,000.00 | 170.00 | −24.00 | 3,535.00 | −3,503.00 |
What Analysts Say
Recommendations from 16 analysts who cover UPL.
▲ 11 bullish (68.8%) · 4 hold (25.0%) · ▼ 1 bearish (6.3%)
Votes
How the votes changed
| Rating | 3M ago | 2M ago | 1M ago | 1W ago | Now | 3-month change |
|---|---|---|---|---|---|---|
| Strong Buy | 8 | 8 | 9 | 8 | 8 | — |
| Buy | 5 | 6 | 5 | 3 | 3 | ▼ −2 |
| Hold | 4 | 4 | 4 | 4 | 4 | — |
| Sell | 1 | 1 | 1 | 1 | 1 | — |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | — |
Analyst ratings are opinions, not a guarantee of returns.
UPL vs Peers
Side by side with other chemical manufacturing companies. The small bars compare each column.
| Company | Price | Change | Market cap | P/E | P/B | ROE (5 yr) | Net margin | Div. yield | Rating |
|---|---|---|---|---|---|---|---|---|---|
| UPL | ₹549.60 | ▼ −1.24% | ₹46,185 Cr | 23.02 | 1.35 | 5.82% | 4.40% | 1.08% | This stock |
| Asian Paints | ₹2,398.60 | ▼ −2.22% | ₹2,30,073 Cr | 58.09 | 12.06 | 24.22% | 12.35% | 1.02% | Bearish |
| Solar Industries India | ₹19,515.00 | ▼ −1.04% | ₹1,76,591 Cr | 99.61 | 26.62 | 30.43% | 17.65% | 0.06% | Neutral |
| Pidilite Industries | ₹1,530.00 | ▼ −3.53% | ₹1,55,736 Cr | 64.76 | 14.71 | 21.84% | 16.92% | 0.73% | Moderately Bearish |
| SRF | ₹2,528.85 | ▼ −0.44% | ₹74,961 Cr | 44.57 | 6.07 | 15.85% | 11.62% | 0.31% | Bearish |
| Linde India | ₹6,200.00 | ▼ −1.40% | ₹52,876 Cr | 110.53 | 14.22 | — | 21.69% | 0.06% | Bearish |
Rating = the data provider's overall technical view of each peer. Company names link to their own pages.
UPL Key Metrics
Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.
Valuation Is the price reasonable?
Profitability Of every ₹100 of sales, how much is kept?
Returns & efficiency How well does it use its money?
Growth Is the business getting bigger?
Financial strength Can it pay its bills and debts?
Per share What each share stands for
The share price is 1.34× the book value behind each share.
Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.
All 110 metrics from the data provider
Valuation
Per share
Margins
Growth
Financial strength
Returns & efficiency
Price & volume
Dividends & Corporate Events
Payouts to shareholders, splits and bonus issues, and company meetings — newest first.
- Dividend yield1.08%
- Payout ratio26.38%
- 5-year average dividend₹6.43 a share
- Latest dividend₹6.00 per share · 17 Jul 2026
Corporate calendar
- MeetingAnnual General Meeting
- BoardQuarterly Results
- Dividend₹6.00 per share · 300% · Final dividend
- BoardAudited Results & Final Dividend
- MeetingExtraordinary General Meeting
- BoardQuarterly Results
- BoardQuarterly Results
- MeetingExtraordinary General Meeting
Show 12 older events
- BoardQuarterly Results
- BoardAudited Results & Final Dividend
- MeetingExtraordinary General Meeting
- BoardQuarterly Results
- RightsRights issue of equity shares of ₹ 2/- in the ratio of 1:8 @ premium of ₹ 358/-.
- BoardOthers
- MeetingAnnual General Meeting
- Dividend₹1.00 per share · 50% · Final dividend
- MeetingExtraordinary General Meeting
- Dividend₹10.00 per share · 500% · Final dividend
- Dividend₹10.00 per share · 500% · Final dividend
- Dividend₹10.00 per share · 500% · Final dividend
About UPL
Chemical Manufacturing
UPL Limited is an India-based company that provides agricultural solutions and services. The Company operates through three segments: Crop Protection, Seeds Business, and Non Agro. Its Crop Protection segment includes the manufacture and marketing of conventional agrochemical products, and other agricultural related products. Its Seeds Business segment includes the production and marketing of seeds. Its Non Agro includes manufacture and marketing of industrial chemical and other non-agricultural related products. The Company’s specialty applications include crop protection solutions for niche and specialty crops; products for underserved or hard-to-control pests; alternative application methods like seed and soil applied technologies; and bio-based products. Its offering covers the entire agricultural value chain spanning, such as seeds, crop protection products, natural solutions, on-farm equipment and services, and post-harvest solutions.
Key people
- Jaidev Rajnikant ShroffNon-Executive Chairman of the Board, Group Chief Executive Officer
- Vikram Rajnikant ShroffCo-Chief Executive Officer, Non-Executive Vice Chairman of the Board
- Bikash PrasadGroup Chief Financial Officer
- Sandeep Mohan DeshmukhCompliance Officer, Company Secretary
- Sujoy MazumdarGroup General Counsel
- Raj Kumar TiwariWhole-Time Director
Company facts
- NSE symbolUPL
- BSE code512070
- ISININE628A01036
- IndustryChemical Manufacturing
- IndexNIFTY 500
- Market cap₹46,185 Cr
- Revenue (FY26)₹51,839 Cr
- Net profit (FY26)₹1,922 Cr
In the News
Recent headlines about UPL — they open on Mint in a new tab.
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