UPL (UPL.NS) Stock Price

UPL Price

🇮🇳NSE·CLOSED
629.00INR
Market closed
Today +/-
Today %

UPL (UPL.NS) Stock | ISIN INE628A01036. The current UPL stock price is 629 INR (2026). Revenue is 506.63 B INR. Net income is 24.27 B INR. The P/E ratio is 20.46. Market capitalization is 496.48 B INR. UPL operates in the Commodities sector.

UPL stock price

Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of UPL over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how UPL stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing UPL's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

UPL Stock Price History
DateUPL Price
Access this data via the Eulerpool API

UPL Revenue, EBIT, Net Income

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Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2006
17.95 B INR
3.43 B INR
2.01 B INR
Jan 1, 2007
24.5 B INR
4.02 B INR
2.61 B INR
Jan 1, 2008
37.31 B INR
5.54 B INR
2.57 B INR
Jan 1, 2009
49.31 B INR
7.53 B INR
4.56 B INR
Jan 1, 2010
54.55 B INR
7.92 B INR
5.26 B INR
Jan 1, 2011
57.61 B INR
8.65 B INR
5.58 B INR
Jan 1, 2012
76.71 B INR
10.82 B INR
5.56 B INR
Jan 1, 2013
91.86 B INR
12.89 B INR
7.75 B INR
Jan 1, 2014
107.71 B INR
16.04 B INR
9.5 B INR
Jan 1, 2015
120.91 B INR
19.4 B INR
11.44 B INR
Jan 1, 2016
143.44 B INR
19.49 B INR
9.4 B INR
Jan 1, 2017
166.8 B INR
25.58 B INR
17.27 B INR
Jan 1, 2018
175.06 B INR
28.53 B INR
20.22 B INR
Jan 1, 2019
218.37 B INR
32.45 B INR
14.91 B INR
Jan 1, 2020
357.56 B INR
51.14 B INR
17.76 B INR

UPL Income Statement, Balance Sheet, Cash Flow Statement

Last updated Jun 10, 2026, 8:46 PM
 
REVENUE (M INR)
REVENUE GROWTH (%)
GROSS MARGIN (%)
GROSS INCOME (M INR)
NET INCOME (M INR)
NET INCOME GROWTH (%)
DIV. (INR)
DIV. GROWTH (%)
SHARES (M)
DOCUMENTS
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales UPL generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue UPL retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare UPL's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares UPL has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against UPL's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

UPL stock margins

The UPL margin analysis displays the gross margin, EBIT margin, as well as the profit margin of UPL. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for UPL.
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Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2006
26.91 %
19.1 %
11.17 %
Jan 1, 2007
23.15 %
16.39 %
10.65 %
Jan 1, 2008
50.49 %
14.85 %
6.9 %
Jan 1, 2009
49.66 %
15.27 %
9.24 %
Jan 1, 2010
45.24 %
14.51 %
9.65 %
Jan 1, 2011
48.98 %
15.01 %
9.68 %
Jan 1, 2012
46.62 %
14.11 %
7.24 %
Jan 1, 2013
48.55 %
14.03 %
8.43 %
Jan 1, 2014
49.06 %
14.89 %
8.82 %
Jan 1, 2015
49.75 %
16.04 %
9.46 %
Jan 1, 2016
50.03 %
13.59 %
6.55 %
Jan 1, 2017
50.3 %
15.34 %
10.35 %
Jan 1, 2018
52.21 %
16.3 %
11.55 %
Jan 1, 2019
49.21 %
14.86 %
6.83 %
Jan 1, 2020
46.84 %
14.3 %
4.97 %

UPL Stock Revenue, EBIT, Earnings per Share

The UPL earnings per share therefore indicates how much revenue UPL has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
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Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2006
33.07 INR
6.32 INR
3.69 INR
Jan 1, 2007
38.99 INR
6.39 INR
4.15 INR
Jan 1, 2008
53.75 INR
7.98 INR
3.71 INR
Jan 1, 2009
68.16 INR
10.41 INR
6.3 INR
Jan 1, 2010
75.43 INR
10.95 INR
7.28 INR
Jan 1, 2011
82.27 INR
12.35 INR
7.96 INR
Jan 1, 2012
106.23 INR
14.99 INR
7.69 INR
Jan 1, 2013
129.86 INR
18.22 INR
10.95 INR
Jan 1, 2014
156.56 INR
23.32 INR
13.81 INR
Jan 1, 2015
180.4 INR
28.94 INR
17.07 INR
Jan 1, 2016
179.92 INR
24.45 INR
11.79 INR
Jan 1, 2017
209.42 INR
32.12 INR
21.68 INR
Jan 1, 2018
220.25 INR
35.89 INR
25.44 INR
Jan 1, 2019
274.14 INR
40.74 INR
18.72 INR
Jan 1, 2020
448.92 INR
64.21 INR
22.3 INR

UPL business model & stock analysis

UPL Limited is a leading global agrochemical company that focuses on providing integrated agricultural solutions, services, and products to enable farmers to be successful worldwide. The company is headquartered in Mumbai, India, and operates in over 130 countries, with production and research facilities in many regions. Founded in 1969 as United Phosphorus Limited, the company initially started as a small importer of raw materials for the agriculture industry. Over the years, the company has continuously expanded by making strategic acquisitions and building its own R&D capabilities. In 2019, it was finally renamed UPL Limited to reflect the broader spectrum of products and services offered. The company's business model is based on the combination of agrochemical and biosolutions products with digital technologies and services. By integrating these elements, UPL offers a holistic approach to farmers' needs, improving not only yields but also the profitability and sustainability of their operations. UPL operates various business segments focusing on specific regions and products. In Latin America, the company is the largest producer of crop protection products and serves a wide range of crops such as soybeans, corn, fruits, and vegetables. In Asia, there is high demand for rice and vegetable products as well as cotton crops. In Europe, UPL is a leader in crop protection for fruit and wine growing, while in the United States, it is particularly important for protecting vegetable and fruit products against a variety of pests. A notable example of UPL's R&D activities is its patented technology OpenAg, which combines field tests with sensors and data transmission to enable more precise and efficient agriculture. The company has also partnered with Microsoft to create a digital platform that provides farmers with improved decision-making and transparency. UPL's products include fungicides, herbicides, insecticides, and other types of pesticides, as well as fertilizers and biosolutions. The company offers a wide range of products tailored to the diverse needs of its customers, ranging from chemical crop protection products to biological solutions based on natural active ingredients. Overall, UPL is a leading force in the agrochemical and biosolutions industry, offering a wide range of products and services to meet the needs of farmers. The company has strengthened its position through targeted acquisitions, research and development, and partnerships with other companies. It is expected to continue growing and providing innovative solutions for agriculture in the future.

UPL SWOT Analysis

Strengths

UPL Ltd has several strengths that contribute to its success in the market. Firstly, the company has a strong global presence, with operations in various countries. This allows UPL Ltd to leverage different markets and diversify its revenue streams.

Another strength is UPL Ltd's diversified product portfolio. The company offers a wide range of crop protection and agricultural solutions, catering to different needs of farmers and growers. This diversity helps UPL Ltd to mitigate risks associated with specific agricultural sectors or regions.

Furthermore, UPL Ltd has a robust research and development (R&D) department, constantly working on innovative solutions for the agricultural industry. This enables the company to stay ahead of market trends, develop new products, and enhance its competitiveness.

Weaknesses

Despite its strengths, UPL Ltd also faces certain weaknesses that may hinder its growth. One weakness is its dependence on the agricultural sector, which is susceptible to external factors such as weather conditions, market volatility, and regulations. Any adverse impact on the sector could directly affect the company's performance.

Additionally, UPL Ltd has faced criticism and legal challenges related to environmental and health concerns associated with some of its products. These controversies can damage the company's reputation and may lead to regulatory scrutiny or restrictions.

Opportunities

UPL Ltd can capitalize on various opportunities available in the market. One opportunity lies in the increasing global demand for sustainable and eco-friendly agricultural practices. By investing in research and development of organic and bio-based solutions, the company can tap into this growing market segment.

Additionally, UPL Ltd can explore strategic partnerships or acquisitions to expand its product portfolio and enter new geographical markets. This would enable the company to reach a wider customer base and enhance its competitiveness.

Threats

There are several threats that UPL Ltd needs to address to ensure sustainable growth. One major threat is intense competition in the agrochemical industry. The presence of well-established players and price wars can impact UPL Ltd's market share and profitability.

Moreover, changing government policies and regulations related to the use of agrochemicals can affect UPL Ltd's operations and sales. Compliance with evolving standards and restrictions may require significant investments and resources.

UPL Eulerpool Fair Value

UPL historical P/E ratio, EBIT multiple, and P/S ratio

UPL annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

UPL shares outstanding

The number of shares was UPL in 2025 — This indicates how many shares 789.309 M is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
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Number of stocks
Details
Date
Number of stocks
Jan 1, 2006
542.92 M base_Shares
Jan 1, 2007
628.37 M base_Shares
Jan 1, 2008
694 M base_Shares
Jan 1, 2009
723.52 M base_Shares
Jan 1, 2010
723.2 M base_Shares
Jan 1, 2011
700.19 M base_Shares
Jan 1, 2012
722.14 M base_Shares
Jan 1, 2013
707.35 M base_Shares
Jan 1, 2014
687.98 M base_Shares
Jan 1, 2015
670.22 M base_Shares
Jan 1, 2016
797.23 M base_Shares
Jan 1, 2017
796.49 M base_Shares
Jan 1, 2018
794.84 M base_Shares
Jan 1, 2019
796.56 M base_Shares
Jan 1, 2020
796.49 M base_Shares

UPL Dividend History

24 years of dividend payments

YearAnnual DividendYoY ChangePayments
20256INR 500.0%
Jul 11, 20256INR 500.0%1/1
20241INR 90.0%
202310INR 0.0%
202210INR 0.0%
202110INR 66.7%
20206INR 25.0%
20198INR 0.0%
20188INR 14.3%
20177INR 40.0%
20165INR 0.0%

UPL dividend history and estimates

In 2025, UPL paid a dividend amounting to 6 INR. Dividend means that UPL distributes a portion of its profits to its owners.
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Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2006
1 INR
0 INR
Jan 1, 2007
1.2 INR
0 INR
Invalid Date
0 INR
2 INR
Jan 1, 2009
1.5 INR
0 INR
Jan 1, 2010
2 INR
0 INR
Jan 1, 2011
2 INR
0 INR
Jan 1, 2012
2.5 INR
0 INR
Invalid Date
2.5 INR
-1.83 INR
Jan 1, 2014
4 INR
0 INR
Jan 1, 2015
5 INR
0 INR
Jan 1, 2016
5 INR
0 INR
Jan 1, 2017
7 INR
0 INR
Jan 1, 2018
8 INR
0 INR
Jan 1, 2019
8 INR
0 INR
Jan 1, 2020
6 INR
0 INR

UPL dividend payout ratio

In 2025, UPL had a payout ratio of 24.88%. The payout ratio indicates the percentage of the company's profits that UPL distributes as dividends.
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Payout ratio
Details
Date
Payout ratio
Jan 1, 2006
9.01 %
Jan 1, 2007
9.59 %
Jan 1, 2008
17.92 %
Jan 1, 2009
15.82 %
Jan 1, 2010
18.29 %
Jan 1, 2011
16.75 %
Jan 1, 2012
21.67 %
Jan 1, 2013
15.22 %
Jan 1, 2014
19.32 %
Jan 1, 2015
19.54 %
Jan 1, 2016
28.27 %
Jan 1, 2017
21.53 %
Jan 1, 2018
20.96 %
Jan 1, 2019
28.49 %
Jan 1, 2020
26.91 %
Price targets and forecasts for UPL are not yet available.

UPL Earnings Estimates

UPL Earnings Estimates

DateEPS estimateRevenue EstimateQuarterly report
5/6/202412.99INR181.54 BINR2024 Q4
1/29/202411.93INR146.15 BINR2024 Q3

EESG©

Eulerpool ESG Scorecard© for the UPL stock

75/100
99
Environment
79
Social
49
Governance
E

Environment

20
Scope 1 - Direct Emissions678,487.64
Scope 2 - Indirect emissions from purchased energy167,338.29
Scope 3 - Indirect emissions within the value chain3,550,511
Total CO₂ emissions845,825.94
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees16.078
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

UPL shareholder structure

% Name
22.90164%
Nerka Chemicals Pvt. Ltd.
Nerka Chemicals Pvt. Ltd.
5.28303%
Uniphos Enterprises Ltd
Uniphos Enterprises Ltd
4.95252%
Life Insurance Corporation of India
Life Insurance Corporation of India
2.59091%
ICICI Prudential Asset Management Co. Ltd.
ICICI Prudential Asset Management Co. Ltd.
1.89683%
SBI Life Insurance Co., Ltd.
SBI Life Insurance Co., Ltd.
1.85965%
Suresight Ventures Ltd
Suresight Ventures Ltd
1.84417%
BlackRock Institutional Trust Company, N.A.
BlackRock Institutional Trust Company, N.A.
1.77427%
MFS Investment Management
MFS Investment Management
1.72678%
Harmonic Ventures, Ltd.
Harmonic Ventures, Ltd.
1.53337%
J.P. Morgan Investment Management, Inc. (SI)
J.P. Morgan Investment Management, Inc. (SI)
...

UPL Executives and Management Board

RS

Mr. Rajnikant Shroff

(91)

Chairman Emeritus · since 2022

Compensation154.5 M INR
RT

Mr. Raj Tiwari

(54)

Whole-Time Director

Compensation44.59 M INR
SD

Mr. Sandeep Deshmukh

Compliance Officer, Company Secretary

Compensation18.02 M INR
JS

Mr. Jaidev Shroff

(59)

Non-Executive Chairman of the Board, Group Chief Executive Officer · since 2022

Compensation12.39 M INR
VG

Dr. Vasant Gandhi

Non-Executive Independent Director

Compensation7.32 M INR

Frequently asked questions about UPL

UPL Ltd operates under an agrochemical business model, specializing in the manufacturing and distribution of crop protection products, chemicals, and fertilizers. As a leading global provider, UPL focuses on innovation and sustainable solutions for farmers across the world. With a diverse portfolio of products, the company serves various segments including herbicides, insecticides, fungicides, and seeds. UPL's comprehensive offerings aim to enhance agricultural productivity and profitability while ensuring environmental stewardship. With its commitment to research and development, UPL Ltd continues to contribute towards food security and sustainable farming practices.

All fundamentals and in-depth analysis of UPL

Our stock analysis for UPL Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of UPL Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.