UPL Limited

₹533.80As of Sun 8 Nov 2026, 12:00 UTC

NSE:UPLMaterials

Country India

PE (Fwd) 21.49

TSR 10Y CAGR 2.88%

Div yield 1.12%

ROE —

Agricultural Inputs

Beta (5Y) 0.52

PE TTM 23.92

TSR TTM (25.15%)

Mkt cap ₹460.2B

ROIC —

SE Grade™

—

Value

Quality

Moat

—

1Y Price

Reference

₹587

9.92%

4.06%

Price near Reference Value

FY23

FY24

FY25

FY26

Earnings per share₹

45.76

(17.45)

9.62

22.32

(0.23%)

(138.14%)

155.12%

131.97%

Revenue₹B

535.8

431.0

466.4

518.4

15.87%

(19.56%)

8.21%

11.15%

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

518.4

Revenue₹B

—

462.4

535.8

431.0

466.4

518.4

551.7

2.90%

11.15

Revenue growth%

—

15.87

(19.56)

8.21

11.15

6.43

9.68

—

49.29

Gross margin%

—

51.55

48.35

42.33

47.32

49.29

49.20

48.35

12.26

Operating margin%

—

16.91

16.10

6.40

11.54

12.26

12.23

12.26

3.57

Net margin%

—

7.58

6.41

(3.10)

1.63

3.57

3.54

3.57

23.92

P/E ratio (avg)x

—

16.40

16.13

—

58.65

30.70

22.71

23.55

—

6.973

EV/EBITx

—

7.354

6.421

15.86

8.274

8.950

6.565

8.274

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

22.32

EPS₹

—

45.87

45.76

(17.45)

9.62

22.32

23.51

(16.49%)

—

132.08

EPS growth%

—

(0.24)

(138.14)

155.10

132.08

5.34

65.92

—

Bookvalue per sh₹

—

FCF per share₹

—

6.00

Dividend per sh₹

—

10.00

1.00

6.00

6.19

(11.99%)

—

1.12

Div yield (avg)%

—

1.33

1.36

0.18

1.06

0.88

1.16

1.06

26.89

Payout ratio%

—

21.80

21.85

—

62.37

26.89

26.33

24.37

—

829.9

Shares (diluted)M

—

764.0

750.6

765.5

789.3

829.9

◌829.9

2.09%

100

(5.14)

Buyback yield%

—

1.76

(1.99)

(3.11)

(5.14)

◌—

(2.55)

—

100

—

D/E ratiox

—

443.0

Enterprise value₹B

—

574.8

553.9

437.2

445.2

568.6

443.0

(0.27%)

—

LT debt₹M

—

Peers (US$4.818B)

Cap (US$)

Coromandel Internation…

5.720B

34.46x

The Fertilisers and…

5.177B

—

PI Industries Limited

2.803B

29.98x

Asia-potash Internatio…

5.023B

15.62x

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

2.227

Own earn%

—

Sh yield%

(4.02)

(1.93)

Owners

Insiders/Inst%

3.17

43.18

Short interest%

—

SBC / revenue%

0.01

Record

10Y

Profitable years

4/5

Revenue growth years

3/4

EPS growth years

2/4

Dividend streakyrs

Op margin range%

6–17

$1 testx

—

Incr. ROIC%

—

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.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹518.4B

2.90%

1.00×

Cost of revenue

₹262.9B

4.07%

1.05×

Operating expenses

₹192.0B

4.63%

1.07×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m