UPL · NSE
UPL Limited
₹580
+4.55% (+₹25.25)
Prev. close
₹554.75
Volume
37,79,171
Delivery %
80.7%
As of
18 Sept 2026
Price history
Saurabh Jain · HSBC · 25 Aug 2026
“Saurabh Jain of HSBC holds the highest price target for UPL at ₹880, indicating a strong bullish conviction on the agrochemicals major.”
Published mid-session at 09:41 IST. Tracking counts only prices printed after publication — the chart's dashed divider marks that moment; earlier prices never count toward entry or results.
Analyst sentiment
Analysts lean bullish
4 analyst stances · last 90 days · one per analyst
Trackable
4 · 4 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions | |||
|---|---|---|---|---|---|---|---|
| “Saurabh Jain of HSBC holds the highest price target for UPL at ₹880, indicating a strong bullish conviction on the agroc…” | Saurabh JainHSBC | UPL Ltd | PENDING | ||||
“Saurabh Jain of HSBC holds the highest price target for UPL at ₹880, indicating a strong bullish conviction on the agrochemicals major.” Rating & targetTrack opinion → This call hasn't reached its evaluation window yet — the verdict will appear here once it's graded. | |||||||
| “Jefferies maintains a 'buy' rating on UPL with a target price of ₹715 per share, projecting a 25% surge from current lev…” | Jefferies AnalysisJefferies | UPL Ltd | PENDING | ||||
| “Consensus estimates from market analysts, compiled by Trendlyne, indicate a 'BUY' rating for UPL, projecting a 29% upsid…” | ETMarkets AnalysisETMarkets.com | UPL | PENDING | ||||
| “UPL is rated 'Buy' by 18 analysts, with an average target price of Rs 765 from its current Rs 594, indicating a potentia…” | Trendlyne AnalysisTrendlyne | UPL | PENDING | ||||
| “UPL is rated a 'Buy' with an average analyst target price of ₹761, indicating a potential upside of 29% from its current…” | ETMarkets AnalysisETMarkets.com | UPL | PENDING | ||||
Fundamentals
About UPL Limited
UPL Limited, together with its subsidiaries, manufactures and sells pesticides, insecticides, and micronutrients in India, Brazil, the United States, the United Kingdom, and internationally. It operates through Crop protection, Seeds & Post-Harvest solutions, and Non-Agro segments. The company offers herbicides, fungicides, insecticides, acaricides, seed treatment, adjuvants, bio-solutions, public health products, fumigants, soil and water technologies, agrochemical products, and other agricultural related products under the Winger, Preview, Propose, and Nuvita brand names, as well as ProNutiva, a solution for crop protection. It also provides seeds for vegetables and crops, such as grain sorghum, forage, corn, canola, sunflower, rice, and wheat as well as other crops, including pearl millets, biofumingants, oats, mustards, and alfalfas under the Advanta, Alta Seeds, and Pacific Seeds brand names. In addition, the company offers industrial and specialty chemicals, such as phosphorus, cynation, phosgenation, and acrolein; other non-agricultural related products; post-harvest solutions; farmer education and engagement; environmental solutions; and apiculture services, as well as operates nurture.farm, a digital platform for growers, farming communities, and food systems. It serves input suppliers, distributors, farmers, food wholesalers/traders, food manufacturers, food retailers, consumers, industry associations, media, cooperatives, government, restaurants, agriculture chemical distributors, and non-government organisations. The company exports its products. The company was formerly known as United Phosphorus Limited and changed its name to UPL Limited in October 2013. UPL Limited was founded in 1969 and is based in Mumbai, India.
Details
Sector
Basic Materials
Industry
Agricultural Inputs
CEO
Mr. Jaidev Rajnikant Shroff B.Sc.
Headquarters
Mumbai
Employees
12,399
Website
upl-ltd.comExchange
View on NSE ↗Key stats
Market cap
₹46,892.14 Cr
P/E ratio (TTM)
22.7
Dividend yield
1.09%
EPS (TTM)
₹24.39
Beta (1Y · daily vs NIFTY 50)
1.30
Beta (5Y · monthly vs NIFTY 50)
1.31
Shares float
55.76 Cr
EPS · quarter ended Jun 2026
₹0.12
Upcoming earnings
05 Nov 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹38,694.00 Cr | ₹46,240.00 Cr | ₹53,576.00 Cr | ₹43,098.00 Cr | ₹46,262.00 Cr | ₹51,839.00 Cr | |
| EBITDA | ₹8,372.00 Cr | ₹9,486.00 Cr | ₹10,681.00 Cr | ₹4,054.00 Cr | ₹6,811.00 Cr | ₹9,254.00 Cr |
| ₹2,871.00 Cr | ₹3,626.00 Cr | ₹3,570.00 Cr | ₹-1,200.00 Cr | ₹897.00 Cr | ₹1,922.00 Cr | |
| Diluted EPS | ₹36.4 | ₹45.87 | ₹43.92 | ₹-17.45 | — | ₹22.32 |
Total expenses (as filed), Employee benefit expense, Other expenses, Other income, Diluted EPS have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| — | — | ₹88,577.00 Cr | ₹87,546.00 Cr | ₹88,002.00 Cr | ₹95,205.00 Cr | |
| — | — | ₹23,939.00 Cr | ₹29,754.00 Cr | ₹25,099.00 Cr | ₹23,576.00 Cr | |
| Stockholders' equity | — | — | ₹29,844.00 Cr | ₹27,793.00 Cr | ₹32,199.00 Cr | ₹34,696.00 Cr |
Total assets, Current assets, Inventory, Trade receivables, Cash & equivalents, Non-current assets, Fixed assets, CWIP, Others, Total debt, Long-term debt, Current (short-term) debt, Stockholders' equity have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹7,212.00 Cr | ₹6,496.00 Cr | ₹7,751.00 Cr | ₹2,321.00 Cr | ₹10,151.00 Cr | ₹7,855.00 Cr | |
| Investing cash flow | ₹-2,101.00 Cr | ₹-3,819.00 Cr | ₹-1,490.00 Cr | ₹-2,478.00 Cr | ₹-1,840.00 Cr | ₹-2,362.00 Cr |
| ₹-6,713.00 Cr | ₹-1,921.00 Cr | ₹-6,227.00 Cr | ₹164.00 Cr | ₹-4,793.00 Cr | ₹-9,883.00 Cr | |
| Capital expenditure | ₹-2,122.00 Cr | ₹-2,688.00 Cr | ₹-2,360.00 Cr | ₹-1,995.00 Cr | ₹-1,695.00 Cr | ₹-2,406.00 Cr |
| End cash position | ₹4,797.00 Cr | ₹5,797.00 Cr | ₹5,967.00 Cr | ₹5,943.00 Cr | ₹9,478.00 Cr | ₹5,975.00 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Jun 17–Sep 17(2Q) | Dec 17 | Mar 18 | Jun 18 | Sep 18 | Dec 18 | Mar 19–Mar 20(6Q) | Jun 20–Sep 20(2Q) | Dec 20 | Mar 21–Sep 21(3Q) | Dec 21 | Mar 22 | Jun 22–Sep 22(2Q) | Dec 22 | Mar 23–Sep 24(7Q) | Dec 24–Dec 24(2Q) | Jan 25–Dec 25(5Q) | Feb 26–Jun 26(3Q) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 27.86% | 27.84% | 27.72% | 27.75% | 27.91% | 27.92% | 27.89% | 27.88% | 28.02% | 28.12% | 28.41% | 28.62% | 29.13% | 30.91% | 32.52% | 33.51% | 33.50% | 33.51% |
| Public | 72.14% | 72.16% | 72.28% | 72.25% | 72.09% | 72.08% | 72.11% | 72.12% | 71.98% | 71.88% | 71.59% | 71.38% | 70.87% | 69.09% | 67.48% | 66.49% | 66.50% | 66.49% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| UPL Limited | ₹46,541.34 Cr | ₹554.75 | 22.6 | 1.34 | 5.5% | 0.68 | +10.9% | -21.3% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 11
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
40 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.