UPL financials

Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹10,181cr+10.5% on Q1 FY26
Net profit
−₹73.0cr−₹176 cr in Q1 FY26
EBITDA margin
14.2%−0.9 pts on Q1 FY26
EPS
₹0.12−₹1.98 in Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue10,1819,216+10.5%
EBITDA1,4501,396+3.9%
EBITDA margin14.2%15.2%−0.9 pts
Profit before tax−26.0−208—
Net profit−73.0−176—
EPS₹0.12−₹1.98—

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹10,181 crNet profit₹−73.0 crNet margin−0.7%

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.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
45,326————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
6,6096,6099,7986,2046,013
6,5736,5738,6137,8998,571
22,04622,04623,71428,43822,999
67,336————
52,80451,83946,63743,09853,576
—+11.2%+8.2%−19.6%—
9,3269,2727,6004,53910,196
17.7%17.9%16.3%10.5%19.0%
5,9816,0284,8501,7767,649
2,3232,220820−1,8784,414
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%—
—7,85510,1511,8227,751
—−2,406−1,695−1,995−2,360
5,4495,4498,456−1735,391
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

UPL₹536.40

UPL Ltd.

· Chemicals
₹ CrorePeersPIINDSUMICHEMRALLISCOROMANDELSRFSOLARINDSPIDILITINDBASFMcap ₹45,326 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
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 Investments6,013.06,204.09,798.06,609.06,609.0
+ Minority Interest8,571.07,899.08,613.06,573.06,573.0
+ Total Debt22,999.028,438.023,714.022,046.022,046.0
Enterprise Value————67,335.8
Revenue53,576.043,098.046,637.051,839.052,804.0
Growth %, YoY—-19.6+8.2+11.2—
EBITDA10,196.04,539.07,600.09,272.09,326.0
Margin %19.0310.5316.3017.8917.66
EBIT7,649.01,776.04,850.06,028.05,981.0
Net Income4,414.0-1,878.0820.02,220.02,323.0
Margin %8.24-4.361.764.284.40
EPS, Adj (current shares)42.25-14.2010.6222.7523.91
Growth %, YoY—-133.6+174.8+114.3—
Cash from Operations7,751.01,822.010,151.07,855.0—
Capital Expenditures-2,360.0-1,995.0-1,695.0-2,406.0—
Free Cash Flow5,391.0-173.08,456.05,449.05,449.0
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

UPL financials and key ratios

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.

Share price used
₹541.95 · 29 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

UPL at a glance · consolidated

Market cap
₹45,795 Crat ₹541.95 · 29 Oct close
PE ratio (last 4 quarters)
22.723.8 on FY26 profit
Price to book (PB)
1.32book value ₹410.60 a share
ROE (FY26)
6.0%+2.7 pts vs FY25ROCE 10.1%
Debt to equity
0.53net debt ₹15,326 Cr
Promoter holding
33.51%unchanged vs 30 Jun 202630 September 2026
Dividend yield
1.11%₹6 a share in 12 months
Net worth
₹34,696 Cr+18.8% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹5,449 Cr−35.6% vs FY25

Questions

What is the UPL PE ratio today?

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.

What is the UPL PB ratio (price to book value)?

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.

What is the UPL net worth?

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.

What is the UPL market cap?

UPL's market capitalisation was ₹45,795 crore at the 29 October 2026 close: 84.5 crore shares at ₹541.95 each.

What is the UPL EPS?

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.

What is the UPL dividend in 2026 and its record date?

In 2026, UPL has declared one dividend: ₹6 with record date 17 July 2026.

Is UPL debt free?

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.

What is the UPL debt to equity ratio?

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.

What is the UPL dividend yield?

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.

What is the UPL ROE and ROCE?

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%.

What is the UPL book value per share?

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.

What is the UPL shareholding pattern?

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%.

What is the UPL promoter holding?

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.

What is the UPL free cash flow?

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.

What are the UPL latest quarterly results?

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.

What is the UPL revenue and profit in FY26?

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%.

When are the UPL next results?

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.

How does the UPL PE ratio compare with its peers?

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.

How does UPL compare with its peers?

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).

UPL vs PI Industries: how do they compare?

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.

Where do these UPL figures come from?

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.