UPL Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 28.7x vs industry 43.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹18,415 | ₹1.7L Cr | 99.2 | 26.53 | 31.5 | 36.8 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,474 | ₹1.5L Cr | 60.2 | 13.9 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,702 | ₹81K Cr | 42.8 | 5.7 | 14.3 | 14.6 | 0.35 |
| LINDEINDIA Linde India Limited | ₹7,011 -0.83% | ₹59K Cr | 108 | 15.49 | 13.6 | 18.2 | 0.02 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹867 +0.16% | ₹56K Cr | 3,803 | 41 | 1.61 | 8.65 | 2.79 |
| COROMANDEL Coromandel International Limited | ₹1,797 +1.92% | ₹52K Cr | 25.9 | 4.12 | 17 | 22.8 | 0.11 |
| PIIND PI Industries Limited | ₹2,730 | ₹42K Cr | 33.5 | 3.69 | 11.6 | 14.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
UPL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 32.51% | 32.51% | 32.51% | 32.51% | 33.50% | 33.50% |
| FII | 34.39% | 33.64% | 34.51% | 34.22% | 32.52% | 34.22% |
| DII | 16.82% | 15.33% | 15.73% | 17.64% | 18.89% | 18.56% |
| Public | 16.27% | 18.51% | 17.23% | 15.59% | 15.08% | 13.72% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and recommend dividend, if any
Dividend - Rs 6 Per Share
Rights 1:8 @ Premium Rs 358/-
Dividend - Re 1 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹12.3K Cr ▲2.1% | ₹12.0K Cr ▲30.4% | ₹9.2K Cr ▼40.8% | ₹15.6K Cr ▲42.8% | ₹10.9K Cr ▼1.7% | ₹11.1K Cr ▲22.3% | ₹9.1K Cr ▼35.6% | ₹14.1K Cr |
| Op. Profit | ₹2.2K Cr ▲14.8% | ₹1.9K Cr ▲39.5% | ₹1.4K Cr ▼55.9% | ₹3.2K Cr ▲88.6% | ₹1.7K Cr ▲37.9% | ₹1.2K Cr ▲13.8% | ₹1.1K Cr ▼42.2% | ₹1.8K Cr |
| OPM | 18.0% ▲12.5% | 16.0% ▲6.7% | 15.0% ▼25.0% | 20.0% ▲33.3% | 15.0% ▲36.4% | 11.0% ▼8.3% | 12.0% ▼7.7% | 13.0% |
| Net Profit | ₹490 Cr ▼19.9% | ₹612 Cr ▲447.7% | ₹-176 Cr ▼116.3% | ₹1.1K Cr ▲26.5% | ₹853 Cr ▲245.8% | ₹-585 Cr ▼11.0% | ₹-527 Cr ▼558.8% | ₹-80 Cr |
| EPS (₹) | 4.7 ▼28.4% | 6.56 ▲730.8% | -1.04 ▼109.8% | 10.61 ▲8.2% | 9.81 ▲286.9% | -5.25 ▼15.4% | -4.55 ▼1068.1% | 0.47 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹51.8K Cr ▲11.2% | ₹46.6K Cr ▲8.2% | ₹43.1K Cr ▼19.6% | ₹53.6K Cr ▲15.9% | ₹46.2K Cr ▲19.5% | ₹38.7K Cr ▲8.2% | ₹35.8K Cr ▲63.7% | ₹21.8K Cr ▲25.7% | ₹17.4K Cr ▲6.5% | ₹16.3K Cr |
| Expenses | ₹42.8K Cr ▲8.2% | ₹39.5K Cr ▲1.8% | ₹38.8K Cr ▼10.6% | ₹43.4K Cr ▲18.2% | ₹36.7K Cr ▲21.0% | ₹30.3K Cr ▲4.7% | ₹29.0K Cr ▲60.8% | ₹18.0K Cr ▲29.1% | ₹14.0K Cr ▲4.6% | ₹13.3K Cr |
| Op. Profit | ₹9.1K Cr ▲27.4% | ₹7.1K Cr ▲65.9% | ₹4.3K Cr ▼57.9% | ₹10.2K Cr ▲7.0% | ₹9.5K Cr ▲14.1% | ₹8.4K Cr ▲23.3% | ₹6.8K Cr ▲77.6% | ₹3.8K Cr ▲11.8% | ₹3.4K Cr ▲15.0% | ₹3.0K Cr |
| OPM | 18.0% ▲20.0% | 15.0% ▲50.0% | 10.0% ▼47.4% | 19.0% ▼9.5% | 21.0% ▼4.5% | 22.0% ▲15.8% | 19.0% ▲11.8% | 17.0% ▼15.0% | 20.0% ▲11.1% | 18.0% |
| Other Income | ₹724 Cr ▲828.2% | ₹78 Cr ▼66.2% | ₹231 Cr ▼50.2% | ₹464 Cr ▲409.9% | ₹91 Cr ▲46.8% | ₹62 Cr ▲112.0% | ₹-515 Cr ▼161.4% | ₹-197 Cr ▼156.1% | ₹351 Cr ▼3.3% | ₹363 Cr |
| Interest | ₹3.4K Cr ▼6.2% | ₹3.6K Cr ▼5.8% | ₹3.9K Cr ▲30.0% | ₹3.0K Cr ▲29.1% | ₹2.3K Cr ▲11.4% | ₹2.1K Cr ▲39.1% | ₹1.5K Cr ▲53.8% | ₹963 Cr ▲23.0% | ₹783 Cr ▲6.5% | ₹735 Cr |
| Depreciation | ₹3.2K Cr ▲18.0% | ₹2.8K Cr ▼0.5% | ₹2.8K Cr ▲8.5% | ₹2.5K Cr ▲8.0% | ₹2.4K Cr ▲8.6% | ₹2.2K Cr ▲8.0% | ₹2.0K Cr ▲128.6% | ₹880 Cr ▲30.4% | ₹675 Cr ▲0.4% | ₹672 Cr |
| PBT | ₹3.2K Cr ▲280.8% | ₹829 Cr ▲139.7% | ₹-2.1K Cr ▼140.5% | ₹5.2K Cr ▲3.7% | ₹5.0K Cr ▲18.8% | ₹4.2K Cr ▲51.3% | ₹2.8K Cr ▲55.9% | ₹1.8K Cr ▼23.1% | ₹2.3K Cr ▲19.9% | ₹1.9K Cr |
| Tax % | 30.0% ▲2900.0% | 1.0% ▲110.0% | -10.0% ▼171.4% | 14.0% ▲27.3% | 11.0% ▼31.3% | 16.0% ▼23.8% | 21.0% ▲90.9% | 11.0% ▼8.3% | 12.0% ▲20.0% | 10.0% |
| Net Profit | ₹2.2K Cr ▲170.7% | ₹820 Cr ▲143.7% | ₹-1.9K Cr ▼142.5% | ₹4.4K Cr ▼0.5% | ₹4.4K Cr ▲27.0% | ₹3.5K Cr ▲60.5% | ₹2.2K Cr ▲38.3% | ₹1.6K Cr ▼22.4% | ₹2.0K Cr ▲17.1% | ₹1.7K Cr |
| EPS (₹) | 22.78 ▲114.5% | 10.62 ▲174.7% | -14.21 ▼133.6% | 42.28 ▲0.2% | 42.18 ▲26.3% | 33.4 ▲61.7% | 20.66 ▲19.1% | 17.35 ▼26.4% | 23.57 ▲16.8% | 20.18 |
| Div Payout | 0.0% ▼100.0% | 53.0% ▲983.3% | -6.0% ▼128.6% | 21.0% ▲0.0% | 21.0% ▼22.2% | 27.0% ▲3.8% | 26.0% ▼3.7% | 27.0% ▲35.0% | 20.0% ▲0.0% | 20.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹169 Cr ▲6.3% | ₹159 Cr ▲6.0% | ₹150 Cr ▲0.0% | ₹150 Cr ▼2.0% | ₹153 Cr ▲0.0% | ₹153 Cr ▲0.0% | ₹153 Cr ▲50.0% | ₹102 Cr ▲0.0% | ₹102 Cr ▲1.0% | ₹101 Cr |
| Reserves | ₹31.7K Cr ▲9.2% | ₹29.1K Cr ▲17.8% | ₹24.7K Cr ▼7.7% | ₹26.7K Cr ▲9.0% | ₹24.5K Cr ▲18.2% | ₹20.7K Cr ▲8.4% | ₹19.1K Cr ▲30.9% | ₹14.6K Cr ▲61.2% | ₹9.1K Cr ▲25.7% | ₹7.2K Cr |
| Borrowings | ₹30.0K Cr ▲19.6% | ₹25.1K Cr ▼15.6% | ₹29.8K Cr ▲24.3% | ₹23.9K Cr ▼10.5% | ₹26.7K Cr ▲9.1% | ₹24.5K Cr ▼16.6% | ₹29.4K Cr ▲0.9% | ₹29.1K Cr ▲339.0% | ₹6.6K Cr ▲3.0% | ₹6.4K Cr |
| Other Liabilities | ₹29.5K Cr ▼7.0% | ₹31.7K Cr ▲3.7% | ₹30.6K Cr ▼13.4% | ₹35.3K Cr ▲21.0% | ₹29.2K Cr ▲25.0% | ₹23.4K Cr ▲18.2% | ₹19.8K Cr ▲6.3% | ₹18.6K Cr ▲159.9% | ₹7.1K Cr ▲10.8% | ₹6.5K Cr |
| Total Liabilities | ₹91.4K Cr ▲6.3% | ₹86.0K Cr ▲1.0% | ₹85.1K Cr ▼1.1% | ₹86.1K Cr ▲6.8% | ₹80.6K Cr ▲17.2% | ₹68.8K Cr ▲0.5% | ₹68.4K Cr ▲9.6% | ₹62.4K Cr ▲172.0% | ₹23.0K Cr ▲13.6% | ₹20.2K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹42.2K Cr ▲8.1% | ₹39.1K Cr ▲0.1% | ₹39.1K Cr ▲0.9% | ₹38.7K Cr ▲7.0% | ₹36.2K Cr ▲4.1% | ₹34.8K Cr ▼1.6% | ₹35.3K Cr ▲9.9% | ₹32.1K Cr ▲624.6% | ₹4.4K Cr ▲9.0% | ₹4.1K Cr |
| CWIP | ₹794 Cr ▼68.8% | ₹2.5K Cr ▼14.1% | ₹3.0K Cr ▲5.2% | ₹2.8K Cr ▲12.7% | ₹2.5K Cr ▲18.1% | ₹2.1K Cr ▲2.1% | ₹2.1K Cr ▲11.8% | ₹1.9K Cr ▲40.6% | ₹1.3K Cr ▲66.5% | ₹792 Cr |
| Investments | ₹2.6K Cr ▲11.9% | ₹2.3K Cr ▲8.1% | ₹2.2K Cr ▲33.4% | ₹1.6K Cr ▼16.0% | ₹1.9K Cr ▲211.0% | ₹618 Cr ▲10.8% | ₹558 Cr ▼21.2% | ₹708 Cr ▼31.5% | ₹1.0K Cr ▲173.5% | ₹378 Cr |
| Other Assets | ₹45.7K Cr ▲8.8% | ₹42.1K Cr ▲2.7% | ₹41.0K Cr ▼4.7% | ₹43.0K Cr ▲7.5% | ₹40.0K Cr ▲27.9% | ₹31.3K Cr ▲2.6% | ₹30.5K Cr ▲9.9% | ₹27.7K Cr ▲71.5% | ₹16.2K Cr ▲8.0% | ₹15.0K Cr |
| Total Assets | ₹91.4K Cr ▲6.3% | ₹86.0K Cr ▲1.0% | ₹85.1K Cr ▼1.1% | ₹86.1K Cr ▲6.8% | ₹80.6K Cr ▲17.2% | ₹68.8K Cr ▲0.5% | ₹68.4K Cr ▲9.6% | ₹62.4K Cr ▲172.0% | ₹23.0K Cr ▲13.6% | ₹20.2K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹10.2K Cr ▲337.4% | ₹2.3K Cr ▼70.1% | ₹7.8K Cr ▲19.3% | ₹6.5K Cr ▼9.9% | ₹7.2K Cr ▼17.5% | ₹8.7K Cr ▲270.9% | ₹2.4K Cr ▼17.0% | ₹2.8K Cr ▲9.8% | ₹2.6K Cr ▲85.2% | ₹1.4K Cr |
| Investing CF | ₹-1.8K Cr ▲27.3% | ₹-2.5K Cr ▼85.3% | ₹-1.4K Cr ▲62.1% | ₹-3.6K Cr ▼47.4% | ₹-2.4K Cr ▲9.0% | ₹-2.7K Cr ▲91.5% | ₹-31.3K Cr ▼1419.3% | ₹-2.1K Cr ▼101.5% | ₹-1.0K Cr ▲41.1% | ₹-1.7K Cr |
| Financing CF | ₹-4.8K Cr ▼3022.6% | ₹164 Cr ▲102.6% | ₹-6.2K Cr ▼224.2% | ₹-1.9K Cr ▲71.4% | ₹-6.7K Cr ▼208.6% | ₹-2.2K Cr ▼107.5% | ₹28.9K Cr ▲3707.1% | ₹-801 Cr ▼672.1% | ₹140 Cr ▼70.1% | ₹469 Cr |
| Net Cash Flow | ₹3.5K Cr ▲14829.2% | ₹-24 Cr ▼114.1% | ₹170 Cr ▼83.0% | ₹1.0K Cr ▲151.9% | ₹-1.9K Cr ▼149.4% | ₹3.9K Cr ▲11912.1% | ₹-33 Cr ▼57.1% | ₹-21 Cr ▼101.2% | ₹1.7K Cr ▲1200.0% | ₹131 Cr |
| Free Cash Flow | ₹8.9K Cr ▲2324.0% | ₹367 Cr ▼93.3% | ₹5.5K Cr ▲38.9% | ₹3.9K Cr ▼23.6% | ₹5.1K Cr ▼24.4% | ₹6.8K Cr ▲747.3% | ₹803 Cr ▼44.0% | ₹1.4K Cr ▲3.8% | ₹1.4K Cr ▲96.6% | ₹703 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 121d ▼12.3% | 138d ▲11.3% | 124d ▲2.5% | 121d ▲5.2% | 115d ▼5.0% | 121d ▼37.9% | 195d ▲53.5% | 127d ▲0.0% | 127d ▼4.5% | 133d |
| Inventory Days | 167d ▼15.7% | 198d ▲5.9% | 187d ▼13.4% | 216d ▲20.0% | 180d ▲17.6% | 153d ▼50.0% | 306d ▲50.0% | 204d ▲5.2% | 194d ▼4.9% | 204d |
| Days Payable | 176d ▼10.2% | 196d ▼16.9% | 236d ▼13.9% | 274d ▲12.3% | 244d ▲22.6% | 199d ▼39.7% | 330d ▲29.4% | 255d ▲11.8% | 228d ▲7.0% | 213d |
| Cash Conv. Cycle | 112d ▼20.6% | 141d ▲85.5% | 76d ▲18.8% | 64d ▲25.5% | 51d ▼32.0% | 75d ▼56.1% | 171d ▲125.0% | 76d ▼18.3% | 93d ▼25.0% | 124d |
| Working Capital Days | 9d ▼82.7% | 52d ▲13.0% | 46d ▲21.1% | 38d ▼26.9% | 52d ▼11.9% | 59d ▼53.5% | 127d ▲35.1% | 94d ▲11.9% | 84d ▲75.0% | 48d |
| ROCE | 8.0% ▲166.7% | 3.0% ▼78.6% | 14.0% ▲0.0% | 14.0% ▲7.7% | 13.0% ▲30.0% | 10.0% ▲0.0% | 10.0% ▼52.4% | 21.0% ▼4.5% | 22.0% ▲15.8% | 19.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About UPL Limited
UPL is principally engaged in the business of agrochemicals, industrial chemicals, chemical intermediates, speciality chemicals and production and sale of field crops and vegetable seeds.
Chemicals · Fertilizers & Agrochemicals