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UPL results

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

Q1 results, quarter to Jun 2026

Consolidated: the company and its subsidiaries together. ₹ crore.UPL annual results and balance sheet

Revenue
₹10,181 Cr+10.5% on a year ago · −44.5% on the quarter before
Operating profit
₹1,450 Cr+3.9% on a year ago · −59.2% on the quarter before
Net profit
−₹73 Cr
Earnings per share
₹0.12−99.0% on the quarter before
Operating margin
14.2%
Net margin
−0.7%

From revenue to net profit, ₹ crore

  1. Revenue10,181
  2. Materials and goods−4,315
  3. Employee costs−1,527
  4. Other expenses−2,889
  5. Operating profit1,450
  6. Depreciation−832
  7. Other income+217
  8. One-off items−9.0
  9. Finance costs−852
  10. Profit before tax−26
  11. Tax+36
  12. Joint ventures−83
  13. Net profit−73

UPL results by quarter

Consolidated: the company and its subsidiaries together. Latest quarter to Jun 2026. Results for the quarter to Sep 2026 are due by 14 Nov 2026, 45 days after it ends.Results filings and date

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
₹ croreSep 2021Q2Filed 30 OctDec 2021Q3Filed 31 JanMar 2022Q4Filed 10 MayJun 2022Q1Filed 2 AugSep 2022Q2Filed 2 NovDec 2022Q3Filed 31 JanMar 2023Q4Filed 9 MayJun 2023Q1Filed 31 JulSep 2023Q2Filed 31 OctDec 2023Q3Filed 5 FebMar 2024Q4Filed 14 MayJun 2024Q1Filed 5 AugSep 2024Q2Filed 11 NovDec 2024Q3Filed 31 JanMar 2025Q4Filed 10 JunJun 2025Q1Filed 1 AugSep 2025Q2Filed 6 NovDec 2025Q3Filed 2 FebMar 2026Q4Filed 17 JulJun 2026Q1Filed 3 Aug
Revenue from operations10,56711,29715,86110,82112,50713,67916,5698,96310,1709,88714,0789,06711,09010,90715,5739,21612,01912,26918,33510,181
8,6368,85312,4818,67510,06310,79513,8477,6908,8459,79412,2307,9669,7388,95112,3827,82010,0189,95214,7778,731
Materials and goods bought5,2215,1547,9944,6645,7816,4549,8213,9305,2326,3239,0094,5205,8235,3298,5514,1695,7535,84610,1234,315
Employee costs1,0791,1661,3471,2441,2331,3211,2581,2401,2511,1551,0361,3371,3371,1841,4511,3221,4661,3791,6401,527
Other expenses2,3362,5333,1402,7673,0493,0202,7682,5202,3622,3162,1852,1092,5782,4382,3802,3292,7992,7273,0142,889
Operating profit before depreciation1,9312,4443,3802,1462,4442,8842,7221,2731,325931,8481,1011,3521,9563,1911,3962,0012,3173,5581,450
Operating margin18.3%21.6%21.3%19.8%19.5%21.1%16.4%14.2%13.0%0.9%13.1%12.1%12.2%17.9%20.5%15.1%16.6%18.9%19.4%14.2%
Depreciation and amortisation566600642588608624727636657676794660697688705731771827915832
Other income477011673781152111011051511269811117010714325092178217
Finance costs3595298005196448949067008711,1911,0909131,0707309141,007784774836852
Profit before one-off items and tax1,0531,3852,0541,1121,2701,4811,30038−98−1,62390−374−3047081,679−1996968081,985−17
One-off items−40−53−168−78−43−20−29−43−87−17−105−49−8−76−275−9142−56−16−9
Profit before tax1,0131,3321,8861,0341,2271,4611,271−5−185−1,640−15−423−3126321,404−2088387521,969−26
24916726559231135311−164−96−5911072138−499298−14172181598−36
Tax rate24.6%12.5%14.1%5.7%18.8%9.2%24.5%––––––−79.0%21.2%–20.5%24.1%30.4%–
Share of profit of joint ventures and associates101411430−2734120−57−204−2645−32−135−278−2718−54−81−77−83
7741,1791,7351,0059691,3601,080102−293−1,607−80−527−5858531,079−1766124901,294−73
Other comprehensive income−941268597242771,106−97−71−112581−299−438600−5674474341,0164121,711−7
Total comprehensive income6801,3052,5941,7291,2462,46698331−405−1,026−379−965152861,5262581,6289023,005−80
Net margin7.3%10.4%10.9%9.3%7.7%9.9%6.5%1.1%−2.9%−16.3%−0.6%−5.8%−5.3%7.8%6.9%−1.9%5.1%4.0%7.1%−0.7%
Net margin without joint ventures and associates7.2%10.3%10.2%9.0%8.0%9.7%5.8%1.8%−0.9%−16.0%−0.9%−5.5%−4.1%10.4%7.1%−2.1%5.5%4.7%7.5%0.1%
Earnings per share₹8.29₹11.46₹18.04₹10.76₹10.83₹13.52₹10.68₹1.33−₹2.54–₹0.52–−₹5.90₹9.98₹11.42−₹1.98₹6.75₹4.69₹12.57₹0.12
Diluted earnings per share₹8.29₹11.46₹18.04₹10.76₹10.83₹13.52₹10.68₹1.33−₹2.54–₹0.52–−₹5.90₹9.70₹11.15−₹1.98₹6.74₹4.69₹12.57₹0.12
Earnings per share in rupees, restated for later splits and bonuses.

Filed results, as an XML file each

16 earlier filings

Segment results by quarter

Consolidated, ₹ crore, quarters to Jun 2026.UPL segment results by year

  • Crop protection

    Revenue, ₹ crore
    Profit, ₹ crore

  • Non agro

    Revenue, ₹ crore
    Profit, ₹ crore

  • Seeds

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue of all businesses10,2549,94614,1559,14611,16010,94815,6019,28212,06712,29218,38310,257
Company revenue, as in its results10,1709,88714,0789,06711,09010,90715,5739,21612,01912,26918,33510,181
Revenue8,6438,49512,4047,5389,4489,43413,3747,4599,7369,99515,4227,659
Revenue growth––−17.7%2.6%9.3%11.1%7.8%−1.0%3.0%5.9%15.3%2.7%
Profit712−5451,1174367161,4172,4236501,1131,5602,423677
Profit growth––−47.3%−14.5%0.6%–116.9%49.1%55.4%10.1%0.0%4.2%
Margin8.2%−6.4%9.0%5.8%7.6%15.0%18.1%8.7%11.4%15.6%15.7%8.8%
Assets77,19375,71869,00568,57468,72667,25764,26566,67670,89472,69970,19474,678
Liabilities18,77416,44820,77916,70716,65517,20121,00919,72119,70820,31723,68421,838
Capital employed58,41959,27048,22651,86752,07150,05643,25646,95551,18652,38246,51052,840
Revenue––––––––1,6761,5622,187–
Revenue539520621597599505682639655735774848
Revenue1,0729311,1301,0111,1131,0091,5451,184–––1,750
Revenue1−112––––––––
Profit is before tax and finance costs, the way companies report their segments.