UPL

Why is UPL Ltd. falling/rising?

As of 21-Jun, UPL Ltd. is facing a decline in its stock price, currently at 607.60, down 0.5%, and underperforming against the Sensex. Concerns about financial stability, including a poor EBIT to Interest ratio and negative long-term growth prospects, contribute to the bearish sentiment among investors.

As of 21-Jun, UPL Ltd. is experiencing a decline in its stock price, currently at 607.60, reflecting a change of -3.05 (-0.5%). The stock has been underperforming significantly compared to the benchmark Sensex, which has risen by 1.69% over the past week, while UPL has fallen by 0.39%. Over the last month, UPL's performance has also been negative, with a decrease of 4.11%, contrasting with a 2.13% increase in the Sensex.<BR><BR>The stock has been on a downward trend for the last four days, accumulating a total decline of 1.18% during this period. Additionally, UPL is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish sentiment among investors.<BR><BR>Despite some positive financial indicators, such as consistent profit growth over the last six quarters and a relatively attractive valuation compared to peers, the company's weak ability to service its debt, as evidenced by a poor EBIT to Interest ratio of 1.86, raises concerns about its financial health. Furthermore, the company's long-term growth prospects appear bleak, with an annual operating profit growth rate of -0.49% over the past five years.<BR><BR>Overall, the combination of recent underperformance, negative trends in stock price, and concerns regarding financial stability contribute to the falling stock price of UPL Ltd.

Which are the latest news on UPL?

What does UPL do?

UPL Ltd. is a mid-cap company in the Pesticides & Agrochemicals industry, reporting net sales of ₹18,335 Cr and a net profit of ₹1,061 Cr for the quarter ending March 2026. The company has a market cap of ₹53,086 Cr and key metrics include a P/E ratio of 28.00 and a dividend yield of 0.96%.

Overview:<BR>UPL Ltd. operates in the Pesticides & Agrochemicals industry and is categorized as a Mid Cap company.<BR><BR>History:<BR>UPL Limited was incorporated in 1985, initially as 'Vishwanath Commercials Limited'. The company underwent several name changes, becoming United Phosphorus Limited in 2013 and finally UPL Limited later that same year. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 18,335 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 1,061 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 53,086 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 28.00 <BR>Industry P/E: 29 <BR>Dividend Yield: 0.96% <BR>Debt Equity: 0.49 <BR>Return on Equity: 5.40% <BR>Price to Book: 1.52 <BR><BR>Contact Details:<BR>Address: 3-11 GIDC, Dist Valsad VAPI Gujarat : 396195 <BR>Tel: 91-260-2400717 <BR>Email: upl.investors@uniphos.com <BR>Website: http://www.uplonline.com

How big is UPL?

As of 10th June, UPL Ltd. has a market capitalization of 53,086.00 Cr, with net sales of 51,839.00 Cr and a net profit of 1,922.00 Cr over the latest four quarters.

As of 10th June, UPL Ltd. has a market capitalization of 53,086.00 Cr, categorizing it as a Mid Cap company.<BR><BR>In the latest four quarters, UPL reported net sales of 51,839.00 Cr and a net profit of 1,922.00 Cr.<BR><BR>The latest annual period for the balance sheet is March 2025, with shareholder's funds amounting to 29,213.00 Cr and total assets of 84,680.00 Cr.

Who are in the management team of UPL?

The management team of UPL includes R D Shroff (Chairman & Managing Director), Jaidev R Shroff (Global CEO), Vikram R Shroff (Vice Chairman & CEO), and several independent directors, among others, who guide the company's strategic direction and operations.

The management team of UPL includes the following key members:<BR><BR>1. **R D Shroff** - Chairman & Managing Director<BR>2. **Jaidev R Shroff** - Director & Global CEO<BR>3. **Vikram R Shroff** - Vice Chairman & CEO<BR>4. **Hardeep Singh** - Lead Independent Director<BR>5. **Vasant P Gandhi** - Independent Director<BR>6. **Sandeep Deshmukh** - Company Secretary & Compliance Officer<BR>7. **Naina Lal Kidwai** - Independent Director<BR>8. **Suresh Kumar** - Independent Director<BR>9. **Carlos Pellicer** - Director<BR>10. **Raj Tiwari** - Whole-time Director<BR>11. **Usho Rao Monari** - Independent Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

Who are the peers of the UPL?

UPL's peers include P I Industries, Sumitomo Chemical, Bayer CropScience, Sharda Cropchem, Dhanuka Agritech, Rallis India, NACL Industries, Bhagiradha Chemicals, Bharat Rasayan, and Insecticides India. Sharda Cropchem has the highest 1-year return at 8.56%, while UPL's return is -5.78%.

Peers: The peers of UPL are P I Industries, Sumitomo Chemi., Bayer CropSci., Sharda Cropchem, Dhanuka Agritech, Rallis India, NACL Industries, Bhagiradha Chem., Bharat Rasayan, and Insecticid.India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bayer CropSci. and Dhanuka Agritech, while Good management risk is found at UPL, P I Industries, Sumitomo Chemi., Sharda Cropchem, and the rest. Average management risk is present at Rallis India, NACL Industries, Bhagiradha Chem., and Bharat Rasayan. Growth is Excellent at Sharda Cropchem, while Below Average growth is noted for UPL, P I Industries, Sumitomo Chemi., Bayer CropSci., Dhanuka Agritech, Rallis India, NACL Industries, Bhagiradha Chem., Bharat Rasayan, and the rest. Capital Structure is Excellent at P I Industries, Sumitomo Chemi., Bayer CropSci., Sharda Cropchem, Dhanuka Agritech, Rallis India, and Bharat Rasayan, while Below Average is seen at NACL Industries and Average at Bhagiradha Chem.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Sharda Cropchem at 8.56%, while the lowest is Dhanuka Agritech at -36.93%. UPL's own 1-year return is -5.78%, which is better than Dhanuka Agritech but worse than Sharda Cropchem. Additionally, the six-month return is negative for UPL, P I Industries, Dhanuka Agritech, Rallis India, and Bharat Rasayan.

Should I buy, sell or hold UPL Ltd.?

Are UPL Ltd. latest results good or bad?

UPL Ltd.'s latest results show strong quarterly growth with a 49.44% increase in net sales and a 167.93% rise in net profit. However, concerns about low return on equity and a significant debt burden suggest investors should exercise caution.

UPL Ltd.'s latest results present a mixed picture. On the positive side, the company reported a significant increase in net sales, which surged by 49.44% quarter-on-quarter to ₹18,335 crores, marking the highest quarterly revenue in recent periods. Additionally, the net profit for the quarter rose impressively by 167.93% QoQ to ₹1,061 crores, and operating margins improved to 19.41%, reflecting better pricing power and operational efficiencies.<BR><BR>However, there are notable concerns as well. The company's return on equity (ROE) remains low at 9.43%, which is below the peer average, indicating challenges in generating adequate returns for shareholders. Furthermore, UPL continues to grapple with a significant debt burden, with interest costs amounting to ₹836 crores, which has impacted profitability. The nine-month performance also showed a decline in consolidated profit by 25.14% compared to the previous year, raising questions about long-term sustainability.<BR><BR>Overall, while the latest quarterly performance shows strong seasonal growth, the underlying issues related to debt and return ratios suggest that investors should remain cautious.

When is the next results date for UPL Ltd.?

The next results date for UPL Ltd. is 11 May 2026.

The next results date for UPL Ltd. is scheduled for 11 May 2026.

How has been the historical performance of UPL?

UPL's historical performance shows a recovery in 2025, with net sales rising to 46,637 Cr and a profit after tax of 1,292 Cr, following a challenging 2024 marked by significant losses. Operating profit decreased to 8,086 Cr, but cash flow improved significantly to 10,151 Cr.

Answer:<BR>The historical performance of UPL shows a fluctuating trend in key financial metrics over the years leading up to March 2025.<BR><BR>Breakdown:<BR>UPL's net sales increased from 43,098.00 Cr in March 2024 to 46,637.00 Cr in March 2025, following a decline from 53,576.00 Cr in March 2023. The total operating income also reflected this trend, rising to 46,637.00 Cr in March 2025 from 43,098.00 Cr in the previous year. However, the operating profit (PBDIT) experienced a significant drop from 10,673.00 Cr in March 2023 to 8,086.00 Cr in March 2025, with a notable operating profit margin of 16.3% in March 2025 compared to 10.53% in March 2024. Profit before tax rebounded to 1,301.00 Cr in March 2025 from a loss of 1,845.00 Cr in March 2024, leading to a profit after tax of 1,292.00 Cr, a recovery from the previous year's loss of 1,636.00 Cr. The consolidated net profit for March 2025 was 897.00 Cr, a significant improvement from the loss of 1,200.00 Cr in March 2024. On the balance sheet, total liabilities slightly increased to 84,680.00 Cr in March 2025 from 83,951.00 Cr in March 2024, while total assets also rose to 84,680.00 Cr from 83,951.00 Cr. Cash flow from operating activities improved to 10,151.00 Cr in March 2025 from 2,321.00 Cr in March 2024, contributing to a net cash inflow of 3,535.00 Cr in March 2025, compared to a minor outflow of 24.00 Cr in March 2024. Overall, UPL's financial performance indicates a recovery trajectory in 2025 after a challenging 2024.

Is UPL overvalued or undervalued?

As of November 7, 2025, UPL is considered undervalued with a favorable PE ratio of 26.52 and strong growth potential, outperforming peers and the Sensex, which supports its attractive valuation grade.

As of 7 November 2025, UPL's valuation grade has moved from fair to attractive, indicating a positive shift in its perceived value. The company is currently assessed as undervalued, supported by a PE ratio of 26.52, an EV to EBITDA ratio of 17.74, and a PEG ratio of 0.12, which suggests strong growth potential relative to its price. <BR><BR>In comparison to its peers, UPL's valuation metrics appear favorable; for instance, P I Industries has a significantly higher PE ratio of 35.49, while Bayer CropScience stands at 34.92. This positions UPL more attractively within the Pesticides & Agrochemicals industry. Additionally, UPL has outperformed the Sensex with a year-to-date return of 48.98% compared to the Sensex's 6.50%, reinforcing the notion that the stock is currently undervalued.

Is UPL technically bullish or bearish?

As of 28 October 2025, UPL's technical trend is bullish with moderate strength, supported by bullish monthly MACD and Bollinger Bands, despite some mixed signals in shorter time frames.

As of 28 October 2025, the technical trend has changed from mildly bullish to bullish. The current stance is bullish with moderate strength. The weekly MACD is mildly bearish, but the monthly MACD is bullish, indicating a potential for upward momentum. Both weekly and monthly Bollinger Bands are bullish, supporting the upward trend. Daily moving averages are also bullish, reinforcing the positive outlook. The KST shows a mixed signal with weekly mildly bearish and monthly bullish readings. Overall, while there are some mixed signals in the shorter time frames, the longer-term indicators suggest a bullish trend for UPL.

Who are the top shareholders of the UPL?

The top shareholders of UPL include Nerka Chemicals Pvt Ltd with 21.29%, Foreign Institutional Investors holding 34.22%, and Life Insurance Corporation of India as the largest public shareholder with 7.28%. Individual investors own 7.95%, and mutual funds collectively hold 9.14%, with no pledged promoter holdings.

The top shareholders of UPL include a mix of institutional and individual investors. The largest shareholder is Nerka Chemicals Pvt Ltd, which holds 21.29% of the company. Foreign Institutional Investors (FIIs) collectively own 34.22%, making them the majority shareholders. Additionally, Life Insurance Corporation of India is the highest public shareholder with a stake of 7.28%. Mutual funds are represented by 33 schemes, holding a combined 9.14%, while individual investors account for 7.95% of the shareholding. Notably, there are no pledged promoter holdings in the company.

What is the bonus history of the UPL?

UPL Ltd. has issued bonuses twice: a 1:2 bonus on July 2, 2019, and a 1:1 bonus on October 29, 2008, demonstrating its commitment to rewarding shareholders.

UPL Ltd. has a history of bonus issues that includes two significant events. The latest bonus was a 1:2 issue announced with an ex-date of July 2, 2019, and the record date was July 3, 2019. Prior to that, UPL issued a 1:1 bonus on October 31, 2008, with an ex-date of October 29, 2008. This reflects UPL's approach to rewarding shareholders through bonus shares over the years.

Has UPL declared dividend?

Yes, UPL Ltd. has declared a 500% dividend, amounting to ₹10 per share, with an ex-date of August 3, 2023. Despite this significant declaration, the dividend yield is 0%, and total returns over various periods show a mix of performance, with a notable 54.96% total return over the last 5 years.

UPL Ltd. has declared a 500% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 500%<BR>- Amount per share: 10<BR>- Ex-date: 03 Aug 23<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, UPL Ltd. achieved a price return of 14.61% with no dividend return, resulting in a total return of 14.61%.<BR><BR>Over the past year, the company recorded a price return of 20.0% and no dividend return, leading to a total return of 20.0%.<BR><BR>In a 2-year period, UPL Ltd. experienced a price return of -7.08% and a dividend return of 1.46%, culminating in a total return of -5.62%.<BR><BR>For the 3-year period, the price return was -17.25% with a dividend return of 3.26%, resulting in a total return of -13.99%.<BR><BR>In the 4-year timeframe, the price return was -22.87% alongside a dividend return of 3.71%, leading to a total return of -19.16%.<BR><BR>Over the last 5 years, UPL Ltd. achieved a price return of 46.82% and a dividend return of 8.14%, resulting in a total return of 54.96%.<BR><BR>Overall, while UPL Ltd. has declared a significant dividend, the dividend yield remains at 0%. The total returns over various periods show a mix of positive and negative outcomes, with a notable increase in returns over the last 5 years.