UPL

    UPL
    Chemicals
    ₹572.95
    price as of 11/9/2026, 5:45:29 pm

    Market cap ₹48,431 Cr

    P/E
    23.49
    Day range
    ₹567.55 – ₹577.65
    52-week range
    ₹557.95 – ₹812.20
    Volume
    14.49 L
    Open
    ₹571.80
    Prev close
    ₹575.30
    Promoters pledged 3.9% of their shares
    52-week range, adjusted for splits and bonuses
    ₹557.95₹812.2
    19 Aug 20262 Jan 2026
    Index membership & F&O
    NIFTY 200NIFTY 500NIFTY MIDCAP 150F&O lot 1,355

    Price history

    6M change -8.45%RSI (14) 46.6 NeutralSMA 20 · 50 overlaid

    Price & delivery on the exchange

    NSE bhavcopy to 11 Sept 2026 · delivery 56.6% today vs 54.4% average · BSE close ₹573.85

    1 Apr23 Apr15 May5 Jun24 Jun15 Jul3 Aug21 Aug11 Sept₹560₹595₹630₹665₹7000%25%50%75%100%
    • Delivery
    • NSE close
    • BSE close

    High delivery with a rising price suggests buyers holding rather than trading the move.

    Futures & options

    NSE F&O close, 11 Sept 2026 · options expiring 29 Sept 2026

    Neutral
    Near-month future
    ₹576.7
    Change
    +0.06%
    Basis over spot
    +₹3.75
    Futures OI (shares)
    2.91 Cr
    OI change
    +0.01%
    Put-call ratio
    0.81
    Max pain
    ₹580
    Resistance (call OI)
    ₹600
    Support (put OI)
    ₹570
    Lot size
    1,355

    Open interest by strike

    Calls open above (resistance) and puts below (support), in shares

    46050052054056058060062064066068072005.0 L10.0 L15.0 L20.0 Lspot
    • Call OI
    • Put OI

    Futures open interest and price

    Near-month future, day by day since collection began

    The daily history builds from each close.

    Key metrics

    P/E (TTM)
    23.1
    EPS (TTM)
    ₹24.81
    ROE (FY26)
    6.9%
    ROCE (latest year)
    10%
    Dividend yield
    1.05%

    Charts & trends

    From company filings. Amounts in ₹ crore.

    Revenue 3Y CAGR
    -1.1%
    Profit 3Y CAGR
    -20.5%
    Revenue YoY (Jun 2026)
    +10.5%
    Operating margin
    13.0%
    Net margin
    -0.7%

    Revenue, profit & margin - quarterly

    Bars in ₹ crore (a loss shows red); line is operating margin

    Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Jun 2026-6.5K Cr0 Cr6.5K Cr13.0K Cr19.5K Cr0%5%10%15%20%
    • Revenue
    • Net profit
    • Operating margin

    Who owns the company

    Shareholding as of Jun 2026

    • FII
    • Promoter
    • DII
    • Public
    • Government

    Cash flows

    Where cash came from and went, by fiscal year (₹ crore)

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-40.0KCr-20.0KCr0 Cr20.0K Cr40.0K Cr
    • Operating
    • Investing
    • Financing
    • Free cash flow

    Return on equity

    Net profit over shareholders' equity, by fiscal year

    FY17FY18FY19FY20FY21FY22FY23FY24FY25FY26-9%0%9%18%27%15%

    Equity vs debt

    Shareholders' equity against borrowings (₹ crore); line is debt-to-equity

    Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 20260 Cr9.0K Cr18.0K Cr27.0K Cr36.0K Cr0.0x0.5x1.0x1.5x2.0x
    • Equity
    • Debt
    • Debt / equity

    Financial statements

    ₹ Crore
    Quarterly results, oldest period first, figures in rupees crore
    Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
    Sales10,1709,88714,0789,06711,09010,90715,5739,21612,01912,26918,33510,181
    Expenses9,0499,82012,2307,9989,8739,22912,4097,82010,07210,03314,8548,814
    Operating Profit1,121671,8481,0691,2171,6783,1641,3961,9472,2363,4811,367
    OPM %11%0.7%13%12%11%15%20%15%16%18%19%13%
    Other Income18134664910394-16815239236162208
    Interest8711,1911,0909131,0707309141,007784774836852
    Depreciation657676794660697688705731771827915832
    Profit before tax-389-1,66630-455-4473541,377-1907846711,892-109
    Tax %-25%-4%367%16%31%-141%22%-7%22%27%32%-33%
    Net Profit-293-1,607-80-527-5858531,079-1766124901,294-73
    EPS in Rs₹-2.24₹-14.41₹0.47₹-4.55₹-5.25₹9.81₹10.61₹-1.04₹6.56₹4.70₹12.57₹0.12

    From company filings, updated 11 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.

    Strengths, risks & growth

    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.

    Strengths

    • Company has been maintaining a healthy dividend payout of 24.4%

    Risks

    • Company has low interest coverage ratio.
    • The company has delivered a poor sales growth of 6.02% over past five years.
    • Company has a low return on equity of 1.87% over last 3 years.

    Compounded Sales Growth

    10 Years
    +14%
    5 Years
    +6%
    3 Years
    -1%
    TTM
    +13%

    Compounded Profit Growth

    10 Years
    +6%
    5 Years
    -10%
    3 Years
    -21%
    TTM
    +36%

    Stock Price CAGR

    10 Years
    +3%
    5 Years
    -5%
    3 Years
    0%
    1 Year
    -18%

    Return on Equity

    10 Years
    +10%
    5 Years
    +7%
    3 Years
    +2%
    Last Year
    +6%

    Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.

    Shareholding pattern

    Percentage of shares held by each category at each quarter end
    HolderSept 2025Dec 2025Mar 2026Jun 2026Change
    Promoter33.49%33.49%33.50%33.50%0.00 pp
    FII37.01%38.84%41.78%42.39%+0.61 pp
    DII17.17%16.71%14.63%14.32%-0.31 pp
    Government0.00%0.01%0.02%0.02%0.00 pp
    Public12.33%10.94%10.05%9.77%-0.28 pp

    Filed with NSE for Jun 2026: promoters 33.51%, public 66.49% · XBRL filing

    Analysts & fund holdings

    73%
    73% recommend buy
    15 analysts cover the stock
    Valuation vs Chemicals
    P/E23.5 vs 24.9
    Sector P/B3.12
    Beta1.29

    Who holds the shares, quarter by quarter

    Mutual funds 8.57% (+1.34 pp)
    Jun 25
    Sept 25
    Dec 25
    Feb 26
    Mar 26
    Jun 26
    • Promoters33.5%
    • Foreign institutions43.7%
    • Mutual funds8.6%
    • Insurance5.6%
    • Other domestic institutions0.2%
    • Retail5.7%
    • Others2.8%
    Mutual funds holding the most
    Fund% of company% of fund3-month change
    SBI Contra Fund1.02%1.03%-0.02 pp
    ICICI Pru India Opp Fund0.98%1.22%+0.16 pp
    ICICI Pru Multi Asset Allocation Fund0.55%0.30%-0.01 pp
    Kotak Arbitrage Fund0.46%0.29%-0.20 pp
    ICICI Pru Mid Cap Fund0.41%2.32%-0.20 pp

    Scorecard

    Performance
    Low
    Valuation
    High
    Growth
    Low
    Profitability
    High
    Entry point
    Good
    Red flags
    Low

    Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.

    Corporate actions

    • dividend
      ₹6.00

      Dividend - Rs 6 Per Share

      17 Jul 2026
      ex-date
    • dividend
      ₹6.00

      Dividend - Rs 6 Per Share

      11 Jul 2025
      ex-date
    • rights
      Not available — not reported in this filing

      Rights 1:8 @ Premium Rs 358/-

      26 Nov 2024
      ex-date
    • dividend
      Not available — not reported in this filing

      Dividend - Re 1 Per Share

      12 Aug 2024
      ex-date
    • dividend
      ₹10.00

      Annual General Meeting/Dividend - Rs 10 Per Share

      3 Aug 2023
      ex-date
    • dividend
      ₹10.00

      Dividend - Rs 10 Per Share

      27 Jul 2022
      ex-date
    • dividend
      ₹10.00

      Dividend - Rs 10 Per Share

      14 Jul 2021
      ex-date
    • dividend
      ₹6.00

      Dividend - Rs 6 Per Sh

      19 Aug 2020
      ex-date
    • bonus
      Not available — not reported in this filing

      Bonus 1:2

      2 Jul 2019
      ex-date
    • dividend
      ₹8.00

      Dividend - Rs 8 Per Share

      28 May 2019
      ex-date
    • dividend
      ₹8.00

      Annual General Meeting/Dividend- Rs 8 Per Share

      9 Aug 2018
      ex-date
    • dividend
      ₹7.00

      Annual General Meeting/Dividend-Rs 7 Per Share

      22 Jun 2017
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/ Dividend - Rs 5/- Per Share

      16 Jun 2016
      ex-date
    • dividend
      ₹5.00

      Annual General Meeting/Dividend - Rs 5/- Per Share

      16 Jul 2015
      ex-date
    • dividend
      ₹4.00

      Annual General Meeting/Dividend Rs.4/- Per Share

      7 Aug 2014
      ex-date
    • dividend
      ₹2.50

      Annual General Meeting / Dividend - Rs 2.50/- Per Share

      4 Jul 2013
      ex-date
    • dividend
      ₹0.50

      Annual General Meeting/ Dividend Of Rs.0.50/- Per Share

      12 Jul 2012
      ex-date
    • dividend
      ₹2.00

      Interim Dividend Rs.2/- Per Share (Purpose Revised)

      3 Apr 2012
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting And Dividend Rs.2/- Per Share

      14 Jul 2011
      ex-date
    • dividend
      ₹2.00

      Annual General Meeting And Dividend Rs.2/- Per Share

      26 Aug 2010
      ex-date

    Insider trades

    Last 12 months, market trades
    Net buying ₹48.9 L
    1 buys · ₹62.8 L
    3 sells · ₹14.0 L
    Latest insider trades disclosed to NSE
    PersonTypeSharesValueDisclosed
    Rumi Family Private Trust
    Other · Market Purchase
    		Buy10,000₹62.8 L3 Apr 2026
    Kartik Bhatia
    Employees/Designated Employees · Market Sale
    		Sell500₹3.5 L18 Sept 2025
    Jasmin Kartik Bhatia
    Immediate relative · Market Sale
    		Sell500₹3.5 L16 Sept 2025
    Kartik Bhatia
    Employees/Designated Employees · Market Sale
    		Sell1,000₹7.0 L16 Sept 2025

    Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.

    Company announcements

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find attached letter dated 7th September 2026

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Please find enclosed letter dated September 02, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Please find enclosed letter dated August 26, 2026

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Acquisition

    Please find enclosed letter dated August 15, 2026

    Company UpdatePrice-sensitive
    Announcement under Regulation 30 (LODR)-Credit Rating

    Please find enclosed letter dated August 14, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

    Please find enclosed letter dated August 10, 2026

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Scrutinizer's Report

    Please find enclosed letter dated August 6, 2026

    AGM/EGMPrice-sensitive
    Shareholder Meeting / Postal Ballot-Outcome of AGM

    Please find enclosed letter dated August 6, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Earnings Call Transcript

    Please find enclosed letter dated August 06, 2026.

    Company Update
    Announcement under Regulation 30 (LODR)-Newspaper Publication

    Please find enclosed letter dated August 04, 2026

    Company Update
    Update On Leadership Transition And Expansion Of Senior Leadership Roles

    Please find enclosed letter dated August 04, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

    Please find enclosed letter dated August 03, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Change in Management

    Please find enclosed letter dated August 03, 2026

    Company Update
    Conclusion Of Board Meeting

    Please find enclosed letter dated August 03, 2026

    Company Update
    Announcement under Regulation 30 (LODR)-Investor Presentation

    Please find enclosed letter dated August 03, 2026

    Filed with BSE (scrip 512070); the last 45 days. Documents open at bseindia.com.

    SEBI filings & orders

    From SEBI's website. An order may concern the company, its officers or trading in its shares, and may be under appeal - read the order itself. Personal identifiers are withheld.

    Buybacks, open offers & rights issues

    • Rights issue

      UPL Limited

      22 Nov 2024
      Read on SEBI
    • Buyback

      UPL Limited

      4 Apr 2022
      Read on SEBI
    • Buyback - Post Buyback Public Advertisement

      UPL Limited - Post Buyback Public Advertisement

      11 Feb 2014
      Read on SEBI
    • Buyback - Corrigendum to Public Announcement

      UPL Limited - Corrigendum to Public Announcement

      13 Jan 2014
      Read on SEBI
    • Buyback - Second Corrigendum to Public Announcement

      UPL Limited - Second Corrigendum to Public Announcement

      13 Jan 2014
      Read on SEBI

    Regulatory orders

    • Settlement order

      Settlement Order in the matter of UPL Ltd

      6 May 2022
      Read on SEBI

    Documents

    Annual reports

    Earnings calls

    Credit ratings

    Documents open at BSE or the rating agency that issued them.

    Sourced from the company's NSE XBRL filing dated 31 Jan 2025 (unaudited). View the source filing. Figures are as filed and are not investment advice.