UPL logo

UPL share price

NSE: UPLBSE: 512070Fertilizers & AgrochemicalsMid Cap

Formerly United Phosphorus
Last close ₹508.65down ₹5.45 (1.06%)BSE ₹506.35

Share price at the NSE close on 23 Oct 2026. Previous close ₹514.10.

52-week range of traded prices to 23 Oct 2026
₹476.45Low, 8 Oct 2026₹812.20High, 2 Jan 2026
Market cap
₹42,939 Cr187th largest listed
P/E
21.3
P/B
1.2
Dividend yield
1.18%
ROE
6.3%
ROCE
9.4%
Debt to equity
0.53
Volume, NSE
9,73,84948.8% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−24.7%over a year

Results20-session average 21,01,261 shares a day, 54.0% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 3 Aug

Revenue
₹10,181 Crdown 44.47%
Net profit
−₹73 CrQuarter to Mar 2026: ₹1,294 Cr
Net margin
−0.7%

Revenue by year

Peak revenue ₹53,576 Cr, year to Mar 2023

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 1 of the 10 years shown
₹ croreSep 2024Filed 11 NovDec 2024Filed 31 JanMar 2025Filed 10 JunJun 2025Filed 1 AugSep 2025Filed 6 NovDec 2025Filed 2 FebMar 2026Filed 17 JulJun 2026Filed 3 Aug
Revenue11,09010,90715,5739,21612,01912,26918,33510,181
Net profit−5858531,079−1766124901,294−73
Net margin−5.3%7.8%6.9%−1.9%5.1%4.0%7.1%−0.7%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Crop protection₹42,399 Crup 6.54%81.5%
  • Seeds & Post harvest₹6,830 Cr13.1%
  • Non agro₹2,803 Crup 17.62%5.4%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 52% of 2,096 trading days over the last 10 years.

LowestHighest
Its median20.7Industry median19.2
Price to book

At or below today's level on 2% of 1,867 trading days since Oct 2018.

LowestHighest
Its median2.1Industry median1.8
EV to EBITDA6.3

At or below today's level on 1% of 1,867 trading days since Oct 2018.

LowestHighest
Its median9.1Industry median10.7
Dividend yield

At or below today's level on 59% of 2,396 trading days over the last 10 years.

LowestHighest
Its median1.01%Industry median0.52%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−9.7%+114.1%−58.3%1.1%
3 years−6.8%−21.8%+18.3%0.7%
5 years−1.4%−9.5%+7.9%1.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years is on profit divided by shares in issue at both ends: the earnings per share stated for one end does not match that year's profit and share count. Earnings growth over 1 year includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the year to Mar 2025.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters33.51%
  • Foreign institutions43.67%
  • Indian institutions14.31%
  • Governments0.01%
  • Individuals and others8.50%
Holder
Demuric Holdings Private LimitedPromoter22.03%
Uniphos Enterprises LimitedPromoter4.94%
Life Insurance Corporation of India with Sub AccountsInsurance companies4.33%
Suresight Ventures LimitedPromoter1.74%
Harmonic Ventures LimitedPromoter1.61%
Mfs International Growth FundForeign portfolio investors, category I1.60%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

165 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 111 of the 124 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 1 more fund filed its first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
1
Bought again
1
Added
67
Cut
57
Held unchanged
38
Sold out
9
Fund
SBI Mutual Fund logoSBI Contra FundSBI Mutual Fund87,55,0001.05%₹472.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential India Opportunities FundICICI Prudential Mutual Fund83,52,4671.24%₹450.8 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund38,02,1300.27%₹205.2 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Mid Cap FundICICI Prudential Mutual Fund34,65,4692.35%₹187.0 Cr
SBI Mutual Fund logoSBI Multi Asset Allocation FundSBI Mutual Fund32,60,3480.84%₹176.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Multi Cap FundICICI Prudential Mutual Fund32,38,3230.93%₹174.8 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Commodities FundICICI Prudential Mutual Fund29,86,8693.90%₹161.2 Cr
SBI Mutual Fund logoSBI Balanced Advantage FundSBI Mutual Fund27,53,3750.37%₹148.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Arbitrage FundICICI Prudential Mutual Fund25,56,8850.39%₹138.0 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund23,64,1570.40%₹127.6 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Pesticides & Agrochemicals, 34 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to UPL in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
PI Industries logoPI IndustriesPIIND31,11726.72.818.8−16.6%−27.7%10.9%9.9%0.73%
Sumitomo Chemical India logoSumitomo Chemical IndiaSUMICHEM17,99931.15.326.1−3.6%–18.4%18.2%0.36%
Bayer Cropscience logoBayer CropscienceBAYERCROP15,20620.85.115.4−2.8%+23.6%25.2%26.2%4.43%
Sharda Cropchem logoSharda CropchemSHARDACROP5,7989.31.85.3+18.5%+49.1%22.2%22.3%2.33%
Rallis India logoRallis IndiaRALLIS3,78419.21.710.2+6.8%+11.9%9.3%11.3%1.54%
Dhanuka Agritech logoDhanuka AgritechDHANUKA3,72113.92.29.9−5.6%−11.7%17.4%18.5%0.24%
NACL Industries logoNACL IndustriesNACLIND2,726220.44.028.2+11.9%–2.2%7.4%0.00%
Bhagiradha Chemicals & Industries logoBhagiradha Chemicals & IndustriesBHAGCHEM2,52891.93.634.8+34.1%+126.9%4.0%5.7%0.08%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹10.00 a share, years to Mar 2021, Mar 2022 and Mar 2023.
Ex-dateTypePer share
17 Jul 2026Final₹6.00
11 Jul 2025Final₹6.00
12 Aug 2024Final₹1.00
3 Aug 2023Final₹10.00
27 Jul 2022Final₹10.00
14 Jul 2021Final₹10.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

UPL share price by year

Each calendar year to 2025.UPL share price history

YearClose at year endChangeHighest closeLowest close
2025795.15+58.7%795.15500.50
2024501.00−14.7%621.20451.90
2023587.25−18.0%770.35532.05
2022716.15−4.1%841.00613.65
2021747.10+60.2%853.55469.30
2020466.35−20.2%604.55254.60
2019584.50+15.6%698.35497.77
2018505.50−0.6%549.50366.40
2017508.47+17.9%596.07436.67
2016431.33+47.7%480.97248.97
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026514.10516.20501.20508.65505.969,73,84948.8%
22 Oct 2026511.65517.40504.00514.10512.1212,15,81952.1%
21 Oct 2026530.35532.70508.65514.50515.5920,59,06058.5%
19 Oct 2026530.50536.15526.15530.35531.965,98,40547.9%
16 Oct 2026541.05543.90532.55534.65537.4514,34,86156.8%
15 Oct 2026541.65549.65539.00541.05543.2617,00,66549.5%
14 Oct 2026524.00544.50519.05541.65537.0131,79,24440.6%
13 Oct 2026514.85524.70512.00524.70520.1919,31,21951.4%
12 Oct 2026488.45518.65488.45514.85504.4530,84,92034.4%
9 Oct 2026482.95493.85481.90488.45490.1313,35,38352.6%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus share history

Ex-dateEventPrice factorWhat happened
26 Nov 2024Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
2 Jul 2019Bonus0.6667Holders received 1 bonus share for every 2 held.
31 Oct 2008Price move–Between two trading sessions the price moved by a fifth or more. The Nifty 500 moved 5% or more the same way over the same sessions. Not adjusted for.
29 Oct 2008Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout. Any other event is noted and not adjusted for.

About UPL

UPL Limited is an agricultural solutions company. It sells crop protection products, seeds and post-harvest treatments to growers worldwide, and specialty chemicals to downstream industries. It was incorporated in 1985, and its registered office is in Vapi, Gujarat.

The business covers advanced seeds, post-harvest treatments, conventional crop protection, BioSolutions and specialty chemistries, and is organised into platforms. UPL Corporation Ltd. is the international crop protection platform, selling herbicides, fungicides, insecticides, acaricides and BioSolutions, along with adjuvants, fumigants and public health products. Its biological products form the Natural Plant Protection (NPP) portfolio, and it has also launched a foliar fertiliser platform. In India, crop protection is run through UPL SAS, which has a retailer programme called Farmily.

Advanta manages the Indian and international seed businesses, with brands such as Alta Seeds and Pacific Seeds. Its portfolio has grown to over 900 hybrid varieties. It has 39 research facilities across 12 countries. SUPERFORM is the specialty chemistries platform, with capabilities in contract manufacturing and in chemistries such as phosphorous, cynation and phosgenation.

UPL has a footprint across more than 140 countries and operates 43 manufacturing facilities. It runs three Global Capability Centres, in India, Colombia and Mauritius, that consolidate its global functions. In September 2025, the group acquired DECCO, a post-harvest treatment business, which has since been integrated with Advanta. UPL's corporate office is at Uniphos House in Khar, Mumbai.

Legal name
UPL Limited
NSE symbol
UPL
BSE code
512070
ISIN
INE628A01036
Industry
Fertilizers & Agrochemicals
Listed
Mar 1985 on BSE, Jan 2004 on NSE
Face value
₹2
Former symbols
UNIPHOS
CIN
L24219GJ1985PLC025132
Corporate identity number, the registrar of companies' code for it