UPL

UPL Gross Margin

The Gross Margin of UPL (UPL.NS) as of Sep 30, 2026 is 32.60 %. In the previous year, Gross Margin was 46.98 % — a change of -30.63% (lower).

Gross Margin

32.60 %

YoY

-30.63%

Last updated:

Gross Margin of UPL is 2026 32.60 % . Gross Margin of UPL was 2025 46.98 % . It decreases by -30.63% lower compared to the previous year.

For UPL, the gross margin of 32.6% is down versus 51.3% a few years ago.

The UPL Gross Margin history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Gross Margin
Date
Gross Margin
Jan 1, 2019
63.47 INR
Jan 1, 2020
60.98 INR
Jan 1, 2021
49.42 INR
Jan 1, 2022
51.30 INR
Jan 1, 2023
48.02 INR
Jan 1, 2024
41.86 INR
Jan 1, 2025
46.98 INR
Jan 1, 2026
32.60 INR
The UPL Gross Margin history
YEARGross MarginYoY
32.60 %-30.63%
46.98 %+12.24%
41.86 %-12.82%
48.02 %-6.41%
51.30 %+3.82%
49.42 %-18.96%
60.98 %-3.93%
63.47 %-7.57%
68.67 %+2.77%
66.82 %+3.39%
64.63 %-0.95%
65.25 %+1.74%
64.14 %+10,198.25%
0.62 %+2.81%
0.61 %-4.79%
0.64 %+103.96%
0.31 %-51.90%
0.65 %+1.20%
0.64 %-2.92%
0.66 %—
Access this data via the Eulerpool API

UPL Stock analysis

What does UPL do? 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 is one of the most popular companies on Eulerpool.

Frequently Asked Questions about UPL stock

Gross Margin of UPL is 32.60 % in 2026.

Gross Margin of UPL changed from 46.98 % to 32.60 %, representing a -30.63% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Gross Margin UPL since 2006 – with annual values, charts, and detailed analysis.

Gross Margin measures the percentage of revenue remaining after COGS. Higher gross margins indicate more efficient production and stronger pricing power.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Gross Margin's UPL with sector peers and the industry average to assess whether it is attractive.

To evaluate Gross Margin's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Gross Margin.

Access this data via the Eulerpool API

Margins — UPL

All Key Metrics — UPL