UPL Limited stands as a prominent Indian agrochemical company with a significant global presence, positioning itself as a leading provider of agricultural solutions and services. The company boasts over 14,000 product registrations, operates in approximately 140 countries, and has access to 90% of the world's food basket. Globally, UPL ranks as the 5th largest agrochemical company, supported by 43 manufacturing facilities across the globe. Its comprehensive portfolio encompasses crop protection chemicals, seeds, biosolutions, and specialty chemicals, establishing UPL as a one-stop solution provider for agricultural needs worldwide.
Founded in 1969 as United Phosphorus Limited, the company initially focused on producing Red Phosphorus. It ventured into the agrochemical business in 1976 and was listed on Indian stock exchanges in 1984. A significant rebranding occurred in 2013 when the company changed its name to UPL Limited to better reflect its diversified portfolio. UPL operates through multiple business segments, including crop protection solutions, seeds, and industrial chemicals. Its product offerings include insecticides, fungicides, herbicides, seeds, and biosolutions.
As of the latest available data, UPL Limited has a market capitalization of ₹54,334 Crore, with revenue reported at ₹46,637 Crore and a profit of ₹820 Crore. The company's financial performance has demonstrated resilience, with notable improvements in recent quarters.
UPL Ltd reported a consolidated net profit of ₹1,079 Crore for the fourth quarter of FY25, driven by higher revenue. Net profit saw a significant increase of 2140.00% to ₹896.00 Crore in the quarter ended March 2025, compared to ₹40.00 Crore in the previous quarter ended March 2024. Sales rose by 10.62% to ₹15,573.00 Crore in the quarter ended March 2025, up from ₹14,078.00 Crore in the same period the previous year. The company also announced a dividend of ₹6 per equity share.
For the full fiscal year 2025, revenue increased to ₹155.7 billion, compared to ₹140.8 billion in Q4 FY24. This growth was primarily led by an 11% volume increase and robust performance across all business segments. EBITDA grew by 68% to ₹32.4 billion, with an improvement in EBITDA Margin by 710 basis points to 20.8%. Net Profit stood at ₹9.0 billion, a substantial increase from ₹0.4 billion in Q4 FY24.
- Q4 FY25 Performance: Net Profit of ₹1,079 Crore, Sales of ₹15,573.00 Crore.
- Full Year FY25 Performance: Revenue of ₹155.7 billion, EBITDA of ₹32.4 billion, Net Profit of ₹9.0 billion.
- Market Capitalization: ₹54,334 Crore (as of latest available data).
- Promoter Holding: 33.5% (as of Mar 2025).
As of May 16, 2025, UPL's PE ratio is 63.11 and its PB ratio is 2.04. The stock has shown strong momentum, with UPL Limited's share price gaining 30.24% in the last three years. The 52-week high share price for UPL Ltd is ₹698.85, and the 52-week low share price is ₹483.91.
UPL's global footprint is extensive, strategically positioned across key agricultural markets. The company has over 14,000 product registrations and operates in nearly 140 countries. It collaborates with small farmers, industrial farms, and cooperatives worldwide. UPL's products cover the entire agricultural value chain, including high-performance seeds, crop protection products, natural solutions, on-farm equipment and services, and post-harvest solutions. UPL Limited ranks as the sixth-largest global crop protection company, offering over 900 hybrid seed varieties across more than 30 production sites.
UPL's Crop Protection business unit offers a wide array of products, including insecticides, fungicides, herbicides, plant growth regulators, and adjuvants. Prominent UPL brands within this segment include AIM, ALTUS, PULSE, and SENDURO.
The Seeds business segment focuses on developing and supplying hybrid and open-pollinated seeds, with a particular emphasis on corn, rice, wheat, sorghum, cotton, sunflower, and pulses. Key seed products from UPL include hybrids for corn, rice, wheat, and sorghum, alongside open-pollinated varieties for cotton and sunflower.
Revenue growth in the Natural Plant Protection (NPP) business has been significant, increasing by 10% year-on-year, primarily driven by strong performance in Europe and other regions.
Advanta Comrcio de Sementes Ltda. (Advanta Brazil), a global seed company within the UPL Group, has announced an agreement for the sale of all its assets of its Brazilian associate company, Serra Bonita Sementes S.A. (Serra Bonita), for a total consideration of USD 125 million, subject to closing adjustments. This strategic transaction underscores UPL's ongoing commitment to optimizing its asset portfolio and unlocking shareholder value.
UPL is projected to experience substantial growth in earnings and revenue, with forecasts of 87.3% and 8.4% per annum, respectively. Earnings Per Share (EPS) is expected to grow by 92.1% per annum. The company's return on equity is forecast to reach 11.3% within three years. UPL's strategic emphasis on sustainable agriculture solutions and continuous innovation in crop protection technologies positions it favorably for future growth in the dynamic agricultural landscape.
Promoter Holding currently stands at 33.5% as of March 2025, a stable figure from December 2024. UPL maintains a diversified ownership structure, managed professionally with strong corporate governance practices.
UPL Limited presents a compelling investment opportunity within the agricultural solutions sector, combining a robust global presence with innovative product offerings and a strategic market positioning. The company's recent financial performance highlights its resilience and ability to capitalize on growing global food security needs while maintaining operational efficiency across diverse geographic markets.
