| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 10,181 | 9,216 | +10.5% |
| EBITDA | 1,450 | 1,396 | +3.9% |
| EBITDA margin | 14.2% | 15.2% | −0.9 pts |
| Profit before tax | −26.0 | −208 | — |
| Net profit | −73.0 | −176 | — |
| EPS | ₹0.12 | −₹1.98 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 45,326 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 6,609 | 6,609 | 9,798 | 6,204 | 6,013 | ||
| 6,573 | 6,573 | 8,613 | 7,899 | 8,571 | ||
| 22,046 | 22,046 | 23,714 | 28,438 | 22,999 | ||
| 67,336 | — | — | — | — | ||
| 52,804 | 51,839 | 46,637 | 43,098 | 53,576 | ||
| — | +11.2% | +8.2% | −19.6% | — | ||
| 9,326 | 9,272 | 7,600 | 4,539 | 10,196 | ||
| 17.7% | 17.9% | 16.3% | 10.5% | 19.0% | ||
| 5,981 | 6,028 | 4,850 | 1,776 | 7,649 | ||
| 2,323 | 2,220 | 820 | −1,878 | 4,414 | ||
| 4.4% | 4.3% | 1.8% | −4.4% | 8.2% | ||
| ₹23.91 | ₹22.75 | ₹10.62 | −₹14.20 | ₹42.25 | ||
| — | +114.3% | +174.8% | −133.6% | — | ||
| — | 7,855 | 10,151 | 1,822 | 7,751 | ||
| — | −2,406 | −1,695 | −1,995 | −2,360 | ||
| 5,449 | 5,449 | 8,456 | −173 | 5,391 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 45,325.8 | |
| - Cash, Equiv & ST Investments | 6,013.0 | 6,204.0 | 9,798.0 | 6,609.0 | 6,609.0 | |
| + Minority Interest | 8,571.0 | 7,899.0 | 8,613.0 | 6,573.0 | 6,573.0 | |
| + Total Debt | 22,999.0 | 28,438.0 | 23,714.0 | 22,046.0 | 22,046.0 | |
| Enterprise Value | — | — | — | — | 67,335.8 | |
| Revenue | 53,576.0 | 43,098.0 | 46,637.0 | 51,839.0 | 52,804.0 | |
| Growth %, YoY | — | -19.6 | +8.2 | +11.2 | — | |
| EBITDA | 10,196.0 | 4,539.0 | 7,600.0 | 9,272.0 | 9,326.0 | |
| Margin % | 19.03 | 10.53 | 16.30 | 17.89 | 17.66 | |
| EBIT | 7,649.0 | 1,776.0 | 4,850.0 | 6,028.0 | 5,981.0 | |
| Net Income | 4,414.0 | -1,878.0 | 820.0 | 2,220.0 | 2,323.0 | |
| Margin % | 8.24 | -4.36 | 1.76 | 4.28 | 4.40 | |
| EPS, Adj (current shares) | 42.25 | -14.20 | 10.62 | 22.75 | 23.91 | |
| Growth %, YoY | — | -133.6 | +174.8 | +114.3 | — | |
| Cash from Operations | 7,751.0 | 1,822.0 | 10,151.0 | 7,855.0 | — | |
| Capital Expenditures | -2,360.0 | -1,995.0 | -1,695.0 | -2,406.0 | — | |
| Free Cash Flow | 5,391.0 | -173.0 | 8,456.0 | 5,449.0 | 5,449.0 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
UPL (NSE: UPL) had a market capitalisation of ₹45,795 crore at the 29 October 2026 close (₹541.95 a share), a PE ratio of 22.7 on the last four quarters' profit and a price-to-book ratio of 1.32. In FY26 its consolidated net profit attributable to shareholders was ₹1,922 crore on revenue of ₹51,839 crore; in Q1 FY27 (April–June 2026) it was ₹10 crore. Its debt-to-equity ratio was 0.53 on 31 March 2026. Promoters held 33.51% of the shares on 30 September 2026.
UPL's PE ratio is 22.7 at the 29 October 2026 close (₹541.95 a share): a market capitalisation of ₹45,795 crore divided by consolidated net profit attributable to shareholders of ₹2,020 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹1,922 crore) it is 23.8.
UPL's price-to-book (PB) ratio is 1.32 at the 29 October 2026 close: a market capitalisation of ₹45,795 crore divided by shareholders' equity (book value) of ₹34,696 crore on 31 March 2026. That is a book value of ₹410.60 per share against a share price of ₹541.95.
UPL's net worth — shareholders' equity in its consolidated balance sheet — was ₹34,696 crore on 31 March 2026, up 18.8% from ₹29,213 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹45,795 crore at the 29 October 2026 close.
UPL's market capitalisation was ₹45,795 crore at the 29 October 2026 close: 84.5 crore shares at ₹541.95 each.
UPL's basic earnings per share (EPS) were ₹22.32 in FY26, against ₹9.85 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹24.13.
In 2026, UPL has declared one dividend: ₹6 with record date 17 July 2026.
No. UPL had borrowings of ₹22,046 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.53. Its cash and current investments were ₹6,720 crore, so its net debt was ₹15,326 crore.
UPL's debt-to-equity ratio was 0.53 on 31 March 2026: borrowings of ₹22,046 crore against total equity of ₹41,269 crore. A year earlier, on 31 March 2025, it was 0.63.
UPL's dividend yield is 1.11% at the 29 October 2026 close: dividends of ₹6 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹541.95. They were ₹6 on 17 July 2026.
In FY26, UPL's return on equity (ROE) was 6.0% and its return on capital employed (ROCE) was 10.1%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 3.3% and ROCE 8.1%.
UPL's book value per share was ₹410.60 on 31 March 2026: shareholders' equity of ₹34,696 crore divided by the 84.5 crore shares in issue, up 11.7% from ₹367.46 a year earlier. The share price at the 29 October 2026 close was ₹541.95.
On 30 September 2026, UPL's shares were held by promoters 33.51%, foreign portfolio investors (FII/FPI) 43.67%, domestic institutions (DII) 14.31% (including mutual funds at 8.28%) and retail and other non-institutional investors 8.50%. Over the year, FII holding was up 3.79 percentage points from 39.88% and DII holding was down 2.85 percentage points from 17.16%.
Promoters held 33.51% of UPL on 30 September 2026, unchanged from the previous quarter and up 0.01 percentage points from 33.50% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, UPL generated ₹7,855 crore of cash from operations and spent ₹2,406 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹5,449 crore. In FY25 it was ₹8,456 crore.
UPL's latest results are for Q1 FY27 (April–June 2026), filed on 3 August 2026: consolidated net profit attributable to shareholders ₹10 crore, against a loss of ₹88 crore in Q1 FY26; revenue from operations ₹10,181 crore, up 10.5% year on year.
In FY26 (April 2025–March 2026), UPL's consolidated net profit attributable to shareholders was ₹1,922 crore, up 114.3% from ₹897 crore in FY25, on revenue from operations of ₹51,839 crore (up 11.2%). Over three years, from FY23, net profit was down 46.2%.
UPL will announce its Q2 FY27 results (July–September 2026) on Monday, 2 November 2026, the date of the board meeting it has notified to the exchanges.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, UPL's PE ratio is 23.8, the lowest of the three: PI Industries 24.7 and Sumitomo Chemical India 30.5, a peer average of 27.6. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against PI Industries and Sumitomo Chemical India: UPL's operating margin of 11.6% is the lowest of the three (PI Industries 19.3%, Sumitomo Chemical India 18.7%; peer average 19.0%); its return on equity of 6.0% is the lowest of the three (PI Industries 12.2%, Sumitomo Chemical India 17.3%; peer average 14.7%); its revenue growth over three years of −1.1% a year is the second highest of the three (PI Industries 1.1% a year, Sumitomo Chemical India −2.7% a year; peer average −0.8% a year).
In FY26, UPL earned net profit attributable to shareholders of ₹1,922 crore on revenue of ₹51,839 crore, against ₹1,300 crore on ₹6,714 crore for PI Industries. UPL's operating margin was 11.6% (PI Industries 19.3%) and its return on equity 6.0% (PI Industries 12.2%). At the 29 October 2026 close, UPL's market capitalisation was ₹45,795 crore against ₹32,072 crore for PI Industries, and its PE ratio on FY26 profit 23.8 against 24.7.
From UPL's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.