UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers pesticides. Headquartered in Mumbai, the company is engaged in both agro and non-agro activities and was established on May 29, 1969. The company changed its name to UPL Limited in October 2013.
UPL is a leading provider of agricultural solutions and services, with 14,000+ product registrations, a presence in ~140 countries, and access to 90% of the world's food basket. It is the 5th largest Agrochemical company globally with 43 manufacturing facilities across the globe. The company has established itself as a significant player in the global agricultural sector, focusing on sustainable farming practices and innovative crop protection solutions.
UPL operates through multiple business segments that cater to various agricultural and industrial needs. The agro-business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds, and other agriculture-related products. UPL operates across several key business segments, including crop protection, biosolutions, seed treatment, and post-harvest solutions. Its agrochemical division offers herbicides, insecticides, and fungicides, while the biosolutions segment focuses on organic and sustainable farming inputs.
The company's crop protection portfolio is comprehensive and includes various product categories. The products include Crop Protection Chemicals like Insecticides, Fungicides, Herbicides etc., also Seeds, Biosolutions. UPL's Crop Protection line of business offers a wide range of products, from insecticides, fungicides, and herbicides to plant growth regulators and adjuvants. Popular UPL brands in this line of business include AIM, ALTUS, PULSE, and SENDURO.
In the seeds business, UPL's Seeds line of business focuses on developing and supplying hybrid and open pollinated seeds, with a focus on corn, rice, wheat, sorghum, cotton, sunflower, and pulses. UPL's top seed products include hybrids for corn, rice, wheat, and sorghum, as well as open pollinated varieties for cotton and sunflower.
The non-agro segment includes manufacturing and marketing industrial chemicals and other non-agricultural products such as fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial & specialty chemicals, and nutrifeeds.
UPL has established a strong global footprint with operations spanning multiple continents. UPL products are sold in 150+ countries. Net sales are distributed geographically as follows: India (12.1%), Latin America (38.4%), North America (14.7%), Europe (16.6%), and other (18.2%). This geographic diversification helps the company maintain stable revenue streams across different markets and agricultural seasons.
This dedication and effort have made UPL the top crop protection company in India, truly benefiting both the nation and its people. The company's manufacturing capabilities are distributed globally, with 43 production sites worldwide as of March 2021, enabling efficient supply chain management and local market responsiveness.
UPL has demonstrated strong financial performance in recent periods. UPL Ltd demonstrated robust operational performance in Q4, achieving quarterly revenue exceeding ₹15,500 Crore, significantly contributing to the chemical sector's total revenue. For Q4 FY25, Sales rose 10.62% to ₹15,573.00 Crore in the quarter ended March 2025, as against ₹14,078.00 Crore during the previous quarter ended March 2024.
The company's profitability showed remarkable improvement. Net profit of UPL rose 2140.00% to ₹896.00 Crore in the quarter ended March 2025, as against ₹40.00 Crore during the previous quarter ended March 2024. For the full year, net profit reported to ₹897.00 Crore in the year ended March 2025, as against net loss of ₹1,200.00 Crore during the previous year ended March 2024.
Key financial metrics include:
* Revenue: ₹15,573.00 Crore as on March 2025 (Q1 2025)
* Net Profit: ₹1,079.00 Crore as on March 2025 (Q1 2025)
* Market Cap: ₹55,796 Crore
* As of March 31, 2025, UPL has a trailing 12-month revenue of $5.52 Billion.
Jai Shroff is the Chairman and Group CEO of UPL Ltd. With extensive experience in the agrochemical industry, he has played a key role in expanding UPL into a global agricultural solutions provider. Chairperson Name: R D Shroff. The company has also made recent key appointments, with The Board of UPL at its meeting held on May 12, 2025, has approved the appointment of Bikash Prasad as Group Chief Financial Officer (Key Managerial Personnel) of the Company effective from June 1, 2025.
UPL emphasizes sustainable agriculture and environmental responsibility. The company is committed to enhancing agricultural productivity while ensuring sustainable and environmentally friendly farming practices. Their focus on safe and sustainable farming practices shows a balance between growth and care for the environment. By bringing modern tools to farmers, UPL blends tradition with new technology.
The company continues to invest in research and development, with plans for new product launches. UPL Ltd reported a significant Q4 FY25 profit of ₹1,079 Crore, plans to launch 25 new products, and declared a ₹6 dividend per share.
UPL has been actively involved in strategic transactions and business optimization. Advanta Brazil, a global seed company, part of UPL Group, announces that Serra Bonita Sementes S.A. (Serra Bonita), a Brazilian associate company in which Advanta holds a 33% stake, has entered into an agreement for the sale of all its assets for a total consideration of USD 125 million, subject to closing adjustments. This strategic transaction reflects UPL's continued focus on optimizing its asset portfolio and unlocking value.
The company has also received positive credit rating revisions. UPL announced that Fitch Ratings, vide its publication dated June 4, 2025, has communicated a revision in the credit rating outlook of UPL Corporation (UPL Corp), a wholly-owned subsidiary of UPL. Fitch has revised its Long-Term Issuer Default Rating (IDR) outlook on UPL Corp from 'Negative' to 'Stable'.
UPL Limited continues to strengthen its position as a global leader in agricultural solutions, with its diversified product portfolio, strong international presence, and commitment to sustainable farming practices positioning it well for future growth in the evolving agricultural sector.
