Fertilizers & Agrochemicals
Valuation | |
|---|---|
| Market Cap | 62.47 kCr |
| Price/Earnings (Trailing) | 35.43 |
| Price/Sales (Trailing) | 1.26 |
| EV/EBITDA | 9.35 |
| Price/Free Cashflow | 6.15 |
| MarketCap/EBT | 22.42 |
| Enterprise Value | 86.98 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 3.2% |
| Price Change 1M | -8.1% |
| Price Change 6M | 4.9% |
| Price Change 1Y | 17.4% |
| 3Y Cumulative Return | 1.1% |
| 5Y Cumulative Return | 6.2% |
| 7Y Cumulative Return | 4.9% |
| 10Y Cumulative Return | 10.4% |
| Revenue (TTM) |
| 49.67 kCr |
| Rev. Growth (Yr) | 11.6% |
| Earnings (TTM) | 2 kCr |
| Earnings Growth (Yr) | -42.6% |
Profitability | |
|---|---|
| Operating Margin | 6% |
| EBT Margin | 6% |
| Return on Equity | 6.28% |
| Return on Assets | 2.59% |
| Free Cashflow Yield | 16.25% |
Cash Flow & Liquidity |
|---|
| Cash Flow from Investing (TTM) | -1.84 kCr |
| Cash Flow from Operations (TTM) | 10.15 kCr |
| Cash Flow from Financing (TTM) | -4.79 kCr |
| Cash & Equivalents | 4.06 kCr |
| Free Cash Flow (TTM) | 9.34 kCr |
| Free Cash Flow/Share (TTM) | 110.58 |
Balance Sheet | |
|---|---|
| Total Assets | 91.39 kCr |
| Total Liabilities | 53.68 kCr |
| Shareholder Equity | 37.71 kCr |
| Current Assets | 41.26 kCr |
| Current Liabilities | 33.09 kCr |
| Net PPE | 8.35 kCr |
| Inventory | 16.19 kCr |
| Goodwill | 21.49 kCr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.31 |
| Debt/Equity | 0.76 |
| Interest Coverage | -0.22 |
| Interest/Cashflow Ops | 3.73 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 7 |
| Dividend Yield | 1% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 12.5% |
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Reasonably good balance sheet.
Past Returns: Underperforming stock! In past three years, the stock has provided 1.1% return compared to 13% by NIFTY 50.
Size: It is among the top 200 market size companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Reasonably good balance sheet.
Past Returns: Underperforming stock! In past three years, the stock has provided 1.1% return compared to 13% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 1% |
| Dividend/Share (TTM) | 7 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 20.88 |
Financial Health | |
|---|---|
| Current Ratio | 1.25 |
| Debt/Equity | 0.76 |
Technical Indicators | |
|---|---|
| RSI (14d) | 41.7 |
| RSI (5d) | 69.07 |
| RSI (21d) | 36.84 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Updated May 5, 2025
UPL reported a significant decline in financial performance for FY2023-24, with consolidated revenues dropping nearly 20% and EBITDA falling by 51%.
The decline in performance is attributed to a challenging crop protection chemicals market, along with increased finance costs.
Mutual Fund holding in UPL has decreased to 9.14%, signaling reduced confidence among domestic investors.
Summary of UPL's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Understand UPL ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Nerka Chemicals Pvt Ltd | 21.41% |
| Uniphos Enterprises Limited | 4.94% |
| Icici Prudential Multi-Asset Fund | 2.44% |
| Jp Morgan Chase Bank, Na | 2.15% |
| Suresight Ventures Limited | 1.74% |
| Mfs International Growth Fund | 1.66% |
| Harmonic Ventures Limited | 1.61% |
Detailed comparison of UPL against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| COROMANDEL | Coromandel International | 67.34 kCr | 30.87 kCr | +0.50% | +26.50% | 28.06 | 2.18 | - | - |
| PIIND | PI Industries | 48.06 kCr | 7.78 kCr |
Comprehensive comparison against sector averages
UPL metrics compared to Fertilizers
| Category | UPL | Fertilizers |
|---|---|---|
| PE | 35.43 | 30.26 |
| PS | 1.26 | 2.14 |
| Growth | 8.8 % | 9.3 % |
UPL is a prominent company in the Pesticides and Agrochemicals sector, with its stock ticker being UPL and a market capitalization of Rs. 57,278 Crores.
Based in Mumbai, India, UPL Limited operates both locally and internationally, providing sustainable agriculture products and solutions across India, Europe, North America, Latin America, and beyond. The company is structured into three main segments:
1. Crop Protection:
This segment specializes in a wide array of products, including herbicides, fungicides, insecticides, acaricides, seed treatments, and bio-solutions. Noteworthy offerings include ProNutiva for crop protection and nurture.farm, an AgTech platform that connects farmers with digital services for mechanization, farm advisory, and soil testing. Additionally, it serves as an e-commerce marketplace for agricultural inputs.
2. Seeds Business:
UPL offers a diverse range of hybrid seeds for grains and vegetables under brands such as Advanta, Alta, Pacific Seeds, and Empyr.
3. Non-Agro:
This segment provides various chemical products for multiple industries, including pharmaceuticals, paints, and mining. Key innovations include the Decco FullCover electrostatic application system and solutions for soil and water management like Zeba.
Originally known as United Phosphorus Limited, the company rebranded to UPL Limited in October 2013. Founded in 1969, UPL has seen a revenue growth of 5.2% over the last three years, with a trailing revenue of Rs. 45,647 Crores in the past twelve months.
Shareholders also benefit from dividends, as the company has a dividend yield of 0.16%, having returned Rs. 1 per share in the past year.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
UPL vs Fertilizers (2021 - 2026)
UPL is trading up 1.78% at Rs 680.30 and has gained 33.71% this year, indicating strong market performance.
Newspaper Publication • 03 Feb 2026 Intimaion under Regulation 47 of SEBI (LODR)Regulations, 2015-Extract of unaudited financial Results |
Monitoring Agency Report • 02 Feb 2026 Please find enclosed letter dated February 2, 2026 |
Analyst / Investor Meet • 02 Feb 2026 Please find enclosed letter dated February 2, 2026. |
Press Release / Media Release • 02 Feb 2026 Please find enclosed letter dated February 2, 2026. |
Investor Presentation • 02 Feb 2026 Please find enclosed letter dated February 2, 2026 |
General • 29 Jan 2026 Please find enclosed letter dated January 29, 2026. |
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
| Jaidev Rajnikant Shroff | 1.37% |
| Vanguard International Value Fund | 1.15% |
| Vikram Rajnikant Shroff | 1.14% |
| Seafarer Overseas Growth & Income Fund | 1.11% |
| Lazard Emerging Markets Equity Portfolio | 1.02% |
| Demuric Holdings Private Limited | 0.62% |
| Shilpa P Sagar | 0.45% |
| Jyoti Manshankar Bhatt | 0.12% |
| Jai Singh | 0.05% |
| R Shroff Consultants Private Limited | 0.02% |
| Esthetic Finvest Private Limited | 0.02% |
| Varun Jaidev Shroff | 0.01% |
| Namrata V Shroff | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
| -2.70% |
| -12.50% |
| 31.77 |
| 6.18 |
| - |
| - |
| BAYERCROP | Bayer CropScience | 19.83 kCr | 6.24 kCr | -2.60% | -13.20% | 24.01 | 3.18 | - | - |
| DHANUKA | Dhanuka Agritech | 6.34 kCr | 2.07 kCr | -4.90% | -19.80% | 21.45 | 3.06 | - | - |
| RALLIS | Rallis India | 5.26 kCr | 2.91 kCr | -1.30% | +13.90% | 31.63 | 1.81 | - | - |
| -0.2% |
| 11,553 |
| 11,573 |
| 9,558 |
| 14,001 |
| 10,369 |
| 11,505 |
| Profit Before exceptional items and Tax | 16.1% | 808 | 696 | -199 | 1,679 | 708 | -304 |
| Exceptional items before tax | -140.4% | -56 | 142 | -9 | -275 | -76 | -8 |
| Total profit before tax | -10.3% | 752 | 838 | -208 | 1,404 | 632 | -312 |
| Current tax | -48.6% | 187 | 363 | 205 | 272 | -424 | 258 |
| Deferred tax | 96.4% | -6 | -191 | -219 | 26 | -75 | -120 |
| Total tax | 5.3% | 181 | 172 | -14 | 298 | -499 | 138 |
| Total profit (loss) for period | -20% | 490 | 612 | -176 | 1,079 | 853 | -585 |
| Other comp. income net of taxes | -59.5% | 412 | 1,016 | 434 | 447 | -567 | 600 |
| Total Comprehensive Income | -44.6% | 902 | 1,628 | 258 | 1,526 | 286 | 15 |
| Earnings Per Share, Basic | -35.8% | 4.69 | 6.75 | -1.98 | 11.42 | 9.98 | -5.9 |
| Earnings Per Share, Diluted | -35.7% | 4.69 | 6.74 | -1.98 | 11.15 | 9.7 | -5.9 |
| Debt equity ratio | - | - | - | 0 | 063 | 0.01 | 0.01 |
| Debt service coverage ratio | - | - | - | 0 | 084 | 0.02 | 0.01 |
| Interest service coverage ratio | - | - | - | 0 | 0.0324 | 0.02 | 0.01 |
| 64.9% |
| 189 |
| 115 |
| 828 |
| 767 |
| 685 |
| 646 |
| Finance costs | 60.8% | 231 | 144 | 499 | 377 | 307 | 272 |
| Depreciation and Amortization | 3.9% | 135 | 130 | 951 | 1,044 | 977 | 891 |
| Other expenses | -4.4% | 615 | 643 | 4,032 | 3,743 | 2,785 | 2,230 |
| Total Expenses | 5.2% | 5,544 | 5,271 | 17,949 | 15,813 | 11,009 | 9,599 |
| Profit Before exceptional items and Tax | -107.3% | -67 | 931 | 1,296 | 1,267 | 449 | 548 |
| Exceptional items before tax | - | 2,112 | 0 | -12 | -6 | -15 | -10 |
| Total profit before tax | 119.8% | 2,045 | 931 | 1,284 | 1,261 | 434 | 538 |
| Current tax | -1271.1% | -526 | 46 | 314 | 220 | 195 | 55 |
| Deferred tax | -942.9% | -72 | -6 | -5 | -135 | 19 | 22 |
| Total tax | -1635.9% | -598 | 40 | 309 | 85 | 214 | 77 |
| Total profit (loss) for period | 143.4% | 2,939 | 1,208 | 975 | 1,176 | 220 | 461 |
| Other comp. income net of taxes | -450% | -6 | 3 | -17 | 3 | 0 | -2 |
| Total Comprehensive Income | 142.3% | 2,933 | 1,211 | 958 | 1,179 | 220 | 459 |
| Earnings Per Share, Basic | 146.1% | 38.13 | 16.09 | 12.96 | 15.392 | 2.88 | 6.03 |
| Earnings Per Share, Diluted | 140.2% | 37.24 | 16.09 | 12.96 | 15.392 | 2.88 | 6.03 |
| Debt equity ratio | -0.2% | 005 | 024 | 008 | 02 | 015 | 013 |
| Debt service coverage ratio | -10.5% | 0.0222 | 0.1154 | 0.0451 | 0.0369 | 032 | 024 |
| Interest service coverage ratio | -10.5% | 0.0222 | 0.1154 | 0.0769 | 0.1364 | 0.0431 | 0.0397 |
| -10.7% |
| 93 |
| 104 |
| 89 |
| 104 |
| 844 |
| 856 |
| Goodwill | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Non-current investments | -6.5% | 5,123 | 5,478 | 3,643 | 3,513 | 3,376 | 3,208 |
| Loans, non-current | -11.6% | 3,037 | 3,437 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | -14.8% | 8,257 | 9,691 | 3,700 | 3,587 | 3,495 | 3,325 |
| Total non-current assets | -12.8% | 9,277 | 10,641 | 4,563 | 4,490 | 8,895 | 8,628 |
| Total assets | 7.1% | 19,213 | 17,941 | 17,353 | 16,921 | 18,506 | 17,944 |
| Borrowings, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial liabilities | -10.5% | 18 | 20 | 20 | 22 | 14 | 24 |
| Provisions, non-current | 11.8% | 39 | 35 | 38 | 27 | 0 | 0 |
| Total non-current liabilities | -26.7% | 1,093 | 1,491 | 1,157 | 1,458 | 1,803 | 2,126 |
| Borrowings, current | 66.4% | 948 | 570 | 2,772 | 1,827 | 1,578 | 566 |
| Total current financial liabilities | 0.6% | 3,479 | 3,458 | 3,930 | 3,408 | 8,168 | 7,508 |
| Provisions, current | -33.3% | 5 | 7 | 5 | 4 | 147 | 158 |
| Current tax liabilities | - | 0 | - | 39 | 115 | 156 | 34 |
| Total current liabilities | 1.5% | 4,496 | 4,429 | 4,678 | 4,268 | 9,209 | 8,750 |
| Total liabilities | -5.6% | 5,589 | 5,920 | 9,693 | 9,391 | 11,012 | 10,876 |
| Equity share capital | 6.3% | 169 | 159 | 150 | 150 | 150 | 150 |
| Total equity | 13.3% | 13,624 | 12,021 | 7,660 | 7,530 | 7,494 | 7,068 |
| Total equity and liabilities | 7.1% | 19,213 | 17,941 | 17,353 | 16,921 | 18,506 | 17,944 |
| -85.7% |
| -569 |
| -306 |
| 1,984 |
| 2,492 |
| - |
| - |
| Income taxes paid (refund) | - | 354 | 0 | 317 | 143 | - | - |
| Other inflows (outflows) of cash | 99.1% | 0 | -105 | 0 | 0 | - | - |
| Net Cashflows From Operating Activities | -124.3% | -923 | -411 | 1,667 | 2,349 | - | - |
| Proceeds from sales of PPE | - | 0 | 0 | 0 | 24 | - | - |
| Purchase of property, plant and equipment | -61.6% | 255 | 662 | 1,107 | 1,070 | - | - |
| Purchase of intangible assets | - | 0 | 0 | 0 | 41 | - | - |
| Purchase of intangible assets under development | 88.2% | 33 | 18 | 0 | 0 | - | - |
| Proceeds from sales of long-term assets | - | 2,767 | 0 | 0 | 0 | - | - |
| Purchase of other long-term assets | - | -2,164 | 0 | 0 | 0 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | -80% | 20 | 96 | 0 | 0 | - | - |
| Dividends received | -89.1% | 84 | 764 | 0 | 555 | - | - |
| Interest received | -71.4% | 7 | 22 | 33 | 24 | - | - |
| Other inflows (outflows) of cash | -105% | 0 | 21 | 21 | -973 | - | - |
| Net Cashflows From Investing Activities | 281.9% | 843 | -462 | -1,053 | -1,481 | - | - |
| Proceeds from issuing shares | - | 1,633 | 0 | 76 | 0 | - | - |
| Proceeds from issuing other equity instruments | - | 0 | 0 | -2,657 | 0 | - | - |
| Payments to acquire or redeem entity's shares | - | 0 | 0 | 410 | 0 | - | - |
| Proceeds from borrowings | -44.8% | 724 | 1,311 | -351 | 817 | - | - |
| Repayments of borrowings | 3940.8% | 1,981 | 50 | 135 | 347 | - | - |
| Payments of lease liabilities | -44.8% | 17 | 30 | 0 | 65 | - | - |
| Dividends paid | -89.8% | 77 | 749 | 750 | 763 | - | - |
| Interest paid | 55.8% | 244 | 157 | 211 | 149 | - | - |
| Other inflows (outflows) of cash | - | 0 | 0 | 4,073 | -136 | - | - |
| Net Cashflows from Financing Activities | -88.6% | 38 | 325 | -426 | -643 | - | - |
| Net change in cash and cash eq. | 92.2% | -42 | -548 | 188 | 225 | - | - |
Analyst / Investor Meet • 27 Jan 2026 Please find enclosed letter dated January 27, 2026. |
Analysis of UPL's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Crop protection | 81.3% | 10 kCr |
| Seeds & Post harvest | 12.7% | 1.6 kCr |
| Non agro | 6.0% | 735 Cr |
| Total | 12.3 kCr |