UPL
Market cap ₹42,995 Cr
- P/E
- 21.08
- Day range
- ₹501.20 – ₹516.20
- 52-week range
- ₹476.45 – ₹812.20
- Volume
- 9.74 L
- Open
- ₹514.10
- Prev close
- ₹514.10
Latest results · Q1 FY27(consolidated)Revenue ₹10,181 Cr+10.5%Profit ₹-73 CrMargin -0.7%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
UPL in NSE indices and F&O
F&O margin for one lot of UPL (1,355 shares)Research profile
Composite 44 / 100Factor percentiles
Derived metrics
- Earn. yield
- 4.7%
- Graham no.
- ₹465.58
- vs Graham
- -8.5%
- ROE ÷ P/B
- 5.6%
- 12-1 mom.
- -16.4%
- Return / vol
- -0.73
- Magic Formula
- #384
- FCF yield
- 12.7%
Appears in 7 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 44 in Chemicals| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Solar IndustriesSOLARINDS | ₹1.66 L Cr | 83.45 | 26.46 | 32.5% | 38.0% | 28.0% | 0.24 | +70.3% |
| Pidilite IndustriesPIDILITIND | ₹1.52 L Cr | 57.26 | 14.04 | 24.0% | 31.0% | 26.0% | 0.04 | +21.3% |
| SRF LtdSRF | ₹68,470 Cr | 30.00 | 4.48 | 13.8% | 15.0% | 19.0% | 0.35 | +34.7% |
| Coromandel InternationalCOROMANDEL | ₹50,607 Cr | 27.66 | 4.17 | 16.1% | 22.0% | 9.0% | 0.12 | +15.9% |
| Linde IndiaLINDEINDIA | ₹48,812 Cr | 89.35 | 11.45 | 13.6% | 18.0% | 29.0% | 0.02 | +21.5% |
| Gujarat FluorochemicalsFLUOROCHEM | ₹46,534 Cr | 76.07 | 6.01 | 7.6% | 10.0% | 27.0% | 0.35 | +24.0% |
| Fertilisers and Chemicals TravancoreFACT | ₹43,399 Cr | — | 32.64 | 3.0% | 9.0% | -2.7% | 2.79 | +65.2% |
| UPLUPL | ₹42,995 Cr | 21.08 | 1.24 | 6.9% | 10.0% | 13.0% | 0.68 | +10.5% |
| Sector median | ₹12,619 Cr | 30.96 | 3.09 | 9.9% | 12.0% | 19.0% | 0.25 | +22.0% |
Sector as classified in the tracked universe; medians use every tracked Chemicals company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 7h agoHeadlines about UPL from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- P/E (TTM)
- 21.7
- EPS (TTM)
- ₹24.81
- Price / Book
- 1.24
- ROE (FY26)
- 6.9%
- ROCE (latest year)
- 10%
- Dividend yield
- 1.18%
Moving averages (NSE)
- 20-day
- ₹522.24
- Price below
- 50-day
- ₹550.92
- Price below
- 200-day
- ₹626.34
- Price below
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- FII
- Promoter
- DII
- Public
- Government
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); the ratio below, same years.
- Equity
- Debt
Debt to equity
Dividends per share
₹ by fiscal year of the ex-date; the latest year runs to date. Not adjusted for the bonus of 2 Jul 2019: earlier bars are per pre-bonus share.
Financial statements
| Line item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 10,170 | 9,887 | 14,078 | 9,067 | 11,090 | 10,907 | 15,573 | 9,216 | 12,019 | 12,269 | 18,335 | 10,181 |
| Expenses | 9,049 | 9,820 | 12,230 | 7,998 | 9,873 | 9,229 | 12,409 | 7,820 | 10,072 | 10,033 | 14,854 | 8,814 |
| Operating Profit | 1,121 | 67 | 1,848 | 1,069 | 1,217 | 1,678 | 3,164 | 1,396 | 1,947 | 2,236 | 3,481 | 1,367 |
| OPM % | 11% | 0.7% | 13% | 12% | 11% | 15% | 20% | 15% | 16% | 18% | 19% | 13% |
| Other Income | 18 | 134 | 66 | 49 | 103 | 94 | -168 | 152 | 392 | 36 | 162 | 208 |
| Interest | 871 | 1,191 | 1,090 | 913 | 1,070 | 730 | 914 | 1,007 | 784 | 774 | 836 | 852 |
| Depreciation | 657 | 676 | 794 | 660 | 697 | 688 | 705 | 731 | 771 | 827 | 915 | 832 |
| Profit before tax | -389 | -1,666 | 30 | -455 | -447 | 354 | 1,377 | -190 | 784 | 671 | 1,892 | -109 |
| Tax % | -25% | -4% | 367% | 16% | 31% | -141% | 22% | -7% | 22% | 27% | 32% | -33% |
| Net Profit | -293 | -1,607 | -80 | -527 | -585 | 853 | 1,079 | -176 | 612 | 490 | 1,294 | -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 25 Oct 2026. Consolidated figures where the company reports them. Information only, not investment advice.
Working-capital cycle
+11 days since Mar 2021
-1 days since Mar 2021
-75 days since Mar 2021
+84 days since Mar 2021
-47 days since Mar 2021
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
- +1%
- 5 Years
- -5%
- 3 Years
- -3%
- 1 Year
- -24%
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
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 33.49% | 33.50% | 33.50% | 33.50% | 0.00 pp |
| FII | 38.84% | 41.78% | 42.39% | 42.36% | -0.03 pp |
| DII | 16.71% | 14.63% | 14.32% | 14.30% | -0.02 pp |
| Government | 0.01% | 0.02% | 0.02% | 0.01% | -0.01 pp |
| Public | 10.94% | 10.05% | 9.77% | 9.82% | +0.05 pp |
Filed with NSE for Sept 2026: promoters 33.51%, public 66.49% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 8.28% (-0.29 pp)- Promoters33.5%
- Foreign institutions42.4%
- Mutual funds8.3%
- Insurance5.9%
- Other domestic institutions0.1%
- Retail5.7%
- Others4.1%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| SBI Contra Fund | 1.05% | 1.05% | -0.01 pp |
| ICICI Pru India Opp Fund | 1.00% | 1.24% | +0.17 pp |
| Kotak Arbitrage Fund | 0.46% | 0.27% | -0.11 pp |
| ICICI Pru Mid Cap Fund | 0.41% | 2.35% | -0.17 pp |
| ICICI Pru Multi Cap Fund | 0.39% | 0.93% | -0.08 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.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 32.9%
- Downside volatility
- 37.0%
- Worst 5% of days
- 3.2%
- Average of that tail
- 5.6%
- Max drawdown (1Y)
- 40.3%
- Below its peak
- 36.8%
Against the market
- Beta vs Nifty 50
- 1.22
- Correlation
- 0.49
- Relative strength (3M)
- -10.9%
- ATR (14)
- 3.0%
Return
- Return 1M
- -9.2%
- Return 3M
- -16.2%
- Return 6M
- -22.2%
- Return 1Y
- -24.1%
- vs 200-day average
- -18.8%
Momentum
- RSI (14)
- 39.9
- MACD histogram
- 1.46
- Stochastic %K
- 44.0
- ADX (14)
- 24.1
- +DI / −DI
- 19.3 / 34.1
- Money flow index
- 40.3
Participation
- Delivery (20d avg)
- 53.7%
- vs its 60-day baseline
- -1.7 pts
- Volume vs 20-day
- -1.1σ
- Close vs day's VWAP
- +0.5%
- 52-week position
- 9 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.
- Free cash flow
- ₹5,449 Cr
- FCF yield
- 12.7%
- Cash conversion
- 3.54
- Accruals ratio
- -0.059
- Net debt
- ₹17,601 Cr
- Net debt / equity
- 0.51
- EV / sales
- 1.15
- Capex intensity
- 4.6%
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Insider trades
| Person | Type | Shares | Value | Disclosed |
|---|---|---|---|---|
Rumi Family Private Trust Other · Market Purchase | Buy | 10,000 | ₹62.8 L | 3 Apr 2026 |
Kartik Bhatia Employees/Designated Employees · Market Sale | Sell | 500 | ₹3.5 L | 18 Sept 2025 |
Jasmin Kartik Bhatia Immediate relative · Market Sale | Sell | 500 | ₹3.5 L | 16 Sept 2025 |
Kartik Bhatia Employees/Designated Employees · Market Sale | Sell | 1,000 | ₹7.0 L | 16 Sept 2025 |
Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.
Corporate actions
- dividend₹6.00
Dividend - Rs 6 Per Share
17 Jul 2026ex-date - dividend₹6.00
Dividend - Rs 6 Per Share
11 Jul 2025ex-date - rightsNot available — not reported in this filing
Rights 1:8 @ Premium Rs 358/-
26 Nov 2024ex-date - dividendNot available — not reported in this filing
Dividend - Re 1 Per Share
12 Aug 2024ex-date - dividend₹10.00
Annual General Meeting/Dividend - Rs 10 Per Share
3 Aug 2023ex-date - dividend₹10.00
Dividend - Rs 10 Per Share
27 Jul 2022ex-date - dividend₹10.00
Dividend - Rs 10 Per Share
14 Jul 2021ex-date - dividend₹6.00
Dividend - Rs 6 Per Sh
19 Aug 2020ex-date - bonusNot available — not reported in this filing
Bonus 1:2
2 Jul 2019ex-date - dividend₹8.00
Dividend - Rs 8 Per Share
28 May 2019ex-date - dividend₹8.00
Annual General Meeting/Dividend- Rs 8 Per Share
9 Aug 2018ex-date - dividend₹7.00
Annual General Meeting/Dividend-Rs 7 Per Share
22 Jun 2017ex-date - dividend₹5.00
Annual General Meeting/ Dividend - Rs 5/- Per Share
16 Jun 2016ex-date - dividend₹5.00
Annual General Meeting/Dividend - Rs 5/- Per Share
16 Jul 2015ex-date - dividend₹4.00
Annual General Meeting/Dividend Rs.4/- Per Share
7 Aug 2014ex-date - dividend₹2.50
Annual General Meeting / Dividend - Rs 2.50/- Per Share
4 Jul 2013ex-date - dividend₹0.50
Annual General Meeting/ Dividend Of Rs.0.50/- Per Share
12 Jul 2012ex-date - dividend₹2.00
Interim Dividend Rs.2/- Per Share (Purpose Revised)
3 Apr 2012ex-date - dividend₹2.00
Annual General Meeting And Dividend Rs.2/- Per Share
14 Jul 2011ex-date - dividend₹2.00
Annual General Meeting And Dividend Rs.2/- Per Share
26 Aug 2010ex-date
Company announcements
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations 2018
Please find enclosed letter dated September 29, 2026
Please find attached letter dated 7th September 2026
Please find enclosed letter dated September 02, 2026
Please find enclosed letter dated August 26, 2026
Please find enclosed letter dated August 15, 2026
Please find enclosed letter dated August 14, 2026
Please find enclosed letter dated August 10, 2026
Please find enclosed letter dated August 6, 2026
Please find enclosed letter dated August 6, 2026
Please find enclosed letter dated August 06, 2026.
Please find enclosed letter dated August 04, 2026
Please find enclosed letter dated August 04, 2026
Please find enclosed letter dated August 03, 2026
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 2024Read on SEBI - Buyback
UPL Limited
4 Apr 2022Read on SEBI - Buyback - Post Buyback Public Advertisement
UPL Limited - Post Buyback Public Advertisement
11 Feb 2014Read on SEBI - Buyback - Corrigendum to Public Announcement
UPL Limited - Corrigendum to Public Announcement
13 Jan 2014Read on SEBI - Buyback - Second Corrigendum to Public Announcement
UPL Limited - Second Corrigendum to Public Announcement
13 Jan 2014Read on SEBI
Regulatory orders
- Settlement order
Settlement Order in the matter of UPL Ltd
6 May 2022Read on SEBI
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Feb 2026Slides
- Nov 2025TranscriptSlides
- Aug 2025TranscriptSlidesRecording
Credit ratings
- Rating update · 2 Sep from crisil
- Rating update · 30 Jun from care
- Rating update · 4 Mar from crisil
- Rating update · 7 Jul 2025 from care
- Rating update · 4 Jul 2025 from crisil
- Rating update · 7 Jan 2025 from crisil
Documents open at BSE or the rating agency that issued them.
Sourced from the company's NSE XBRL filing dated 3 Aug 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
UPL: common questions
Answered from the figures on this page.