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NSE Close — 25 Sep 2026
₹550.05
Change
+0.45 (0.08%)
Open
₹548.0
Prev. Close
₹549.6
Day High
₹552.0
Day Low
₹543.6
Volume Analysis
Traded
2,067,628
Delivered
1,232,257
Delivery %
59.6%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (1)
- •Promoter holding is rising
Weaknesses (2)
- •Trading within 3% of its 52-week low (₹544.0)
- •Low return on equity (5.64%)
Opportunities (1)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹561.9 | ₹556.95 | ₹553.5 | ₹548.55 | ₹545.1 | ₹540.15 | ₹536.7 |
| Fibonacci | ₹556.95 | ₹553.74 | ₹551.76 | ₹548.55 | ₹545.34 | ₹543.36 | ₹540.15 |
| Camarilla | ₹552.36 | ₹551.59 | ₹550.82 | ₹548.55 | ₹549.28 | ₹548.51 | ₹547.74 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-31.7%
1 Week
-1.76%
1 Month
-3.67%
3 Months
-3.7%
6 Months
-7.48%
1 Year
-15.12%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹458.97
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
6.6%
Net margin 4.4% × asset turnover 0.56x × equity multiplier 2.68x
Company Overview
Sector
Chemicals
Market Cap
₹46,419 Cr
P/E (TTM)
23.5
ROE
5.64%
Book Value
₹411.0
Face Value
₹2.0
Source: Screener.in (Consolidated figures) — data as of 27 Sep 2026. Not investment advice.
TopFund Analysis
UPL Limited lands in the middle of the pack on TopFund's composite fundamentals check within the Chemicals sector, at 53/100. The strongest factor is Corporate Governance (89/100), while Momentum (2/100) is the weakest area to weigh before deciding. Notably: Promoter holding is rising; trading within 3% of its 52-week low (₹544.0); low return on equity (5.64%). FII holding has been rising.
TopFund Score — Fundamentals Quality
53/100 — AverageData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company has been maintaining a healthy dividend payout of 24.4%
- −Company has low interest coverage ratio.
- −The company has delivered a poor sales growth of 6.02% over past five years.
- −Company has a low return on equity of 1.87% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Please find attached letter dated 7th September 2026
CRISIL revised UPL’s long-term bank facility outlook to Stable, reaffirmed AA+ and A1+ ratings.
UPL Group COO Toshan Tamhane resigns, effective August 31, 2026, to pursue entrepreneurship.
Advanta BV to acquire Misr Hytech Egypt for US$110 million; closing expected by 31 January 2027.
S&P revised UPL Corp outlook to Positive and affirmed BB rating on August 14, 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 8,963 | 10,170 | 9,887 | 14,078 | 9,067 | 11,090 | 10,907 | 15,573 | 9,216 | 12,019 | 12,269 | 18,335 | 10,181 |
| Expenses + | 7,747 | 9,049 | 9,820 | 12,230 | 7,998 | 9,873 | 9,229 | 12,409 | 7,820 | 10,072 | 10,033 | 14,854 | 8,814 |
| Operating Profit | 1,216 | 1,121 | 67 | 1,848 | 1,069 | 1,217 | 1,678 | 3,164 | 1,396 | 1,947 | 2,236 | 3,481 | 1,367 |
| OPM % | 14.0% | 11.0% | 0.7% | 13.0% | 12.0% | 11.0% | 15.0% | 20.0% | 15.0% | 16.0% | 18.0% | 19.0% | 13.0% |
| Other Income + | 58 | 18 | 134 | 66 | 49 | 103 | 94 | -168 | 152 | 392 | 36 | 162 | 208 |
| Interest | 700 | 871 | 1,191 | 1,090 | 913 | 1,070 | 730 | 914 | 1,007 | 784 | 774 | 836 | 852 |
| Depreciation | 636 | 657 | 676 | 794 | 660 | 697 | 688 | 705 | 731 | 771 | 827 | 915 | 832 |
| Profit before tax | -62 | -389 | -1,666 | 30 | -455 | -447 | 354 | 1,377 | -190 | 784 | 671 | 1,892 | -109 |
| Tax % | -265.0% | -25.0% | -4.0% | 367.0% | 16.0% | 31.0% | -141.0% | 22.0% | -7.0% | 22.0% | 27.0% | 32.0% | -33.0% |
| Net Profit + | 102 | -293 | -1,607 | -80 | -527 | -585 | 853 | 1,079 | -176 | 612 | 490 | 1,294 | -73 |
| EPS in Rs | 2 | -2 | -14 | 0 | -5 | -5 | 10 | 11 | -1 | 7 | 5 | 13 | 0 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 12,091 | 14,048 | 16,312 | 17,378 | 21,837 | 35,756 | 38,694 | 46,240 | 53,576 | 43,098 | 46,637 | 51,839 | 52,804 |
| Expenses + | 9,728 | 11,700 | 13,346 | 13,966 | 18,024 | 28,984 | 30,342 | 36,711 | 43,380 | 38,801 | 39,509 | 42,761 | 43,773 |
| Operating Profit | 2,363 | 2,348 | 2,966 | 3,412 | 3,813 | 6,772 | 8,352 | 9,529 | 10,196 | 4,297 | 7,128 | 9,078 | 9,031 |
| OPM % | 20.0% | 17.0% | 18.0% | 20.0% | 17.0% | 19.0% | 22.0% | 21.0% | 19.0% | 10.0% | 15.0% | 18.0% | 17.0% |
| Other Income + | -11 | 149 | 363 | 351 | -197 | -515 | 62 | 91 | 464 | 231 | 78 | 724 | 798 |
| Interest | 517 | 704 | 735 | 783 | 963 | 1,481 | 2,060 | 2,295 | 2,963 | 3,852 | 3,627 | 3,401 | 3,246 |
| Depreciation | 425 | 676 | 672 | 675 | 880 | 2,012 | 2,173 | 2,359 | 2,547 | 2,763 | 2,750 | 3,244 | 3,345 |
| Profit before tax | 1,410 | 1,117 | 1,922 | 2,305 | 1,773 | 2,764 | 4,181 | 4,966 | 5,150 | -2,087 | 829 | 3,157 | 3,238 |
| Tax % | 17.0% | 15.0% | 10.0% | 12.0% | 11.0% | 21.0% | 16.0% | 11.0% | 14.0% | -10.0% | 1.0% | 30.0% | — |
| Net Profit + | 1,187 | 952 | 1,733 | 2,030 | 1,575 | 2,178 | 3,495 | 4,437 | 4,414 | -1,878 | 820 | 2,220 | 2,323 |
| EPS in Rs | 16 | 13 | 20 | 24 | 17 | 21 | 33 | 42 | 42 | -14 | 11 | 23 | 24 |
| Dividend Payout % | 19.0% | 23.0% | 20.0% | 20.0% | 27.0% | 26.0% | 27.0% | 21.0% | 21.0% | -6.0% | 53.0% | 26.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 5,775 | 5,803 | 7,214 | 9,067 | 14,613 | 19,129 | 20,734 | 24,508 | 26,708 | 24,657 | 29,054 | 34,527 |
| Borrowings + | 3,281 | 5,258 | 6,443 | 6,638 | 29,139 | 29,388 | 24,519 | 26,746 | 23,939 | 29,754 | 25,099 | 23,576 |
| Other Liabilities + | 5,143 | 5,722 | 6,454 | 7,148 | 18,581 | 19,758 | 23,359 | 29,196 | 35,318 | 30,579 | 31,700 | 34,847 |
| Total Liabilities | 14,284 | 16,869 | 20,212 | 22,955 | 62,435 | 68,428 | 68,765 | 80,603 | 86,115 | 85,140 | 86,012 | 93,119 |
| Fixed Assets + | 4,031 | 3,862 | 4,071 | 4,437 | 32,149 | 35,321 | 34,765 | 36,193 | 38,713 | 39,056 | 39,084 | 42,153 |
| CWIP | 583 | 484 | 792 | 1,319 | 1,855 | 2,073 | 2,117 | 2,501 | 2,818 | 2,965 | 2,546 | 3,147 |
| Investments | 764 | 335 | 378 | 1,034 | 708 | 558 | 618 | 1,922 | 1,615 | 2,154 | 2,328 | 2,666 |
| Other Assets + | 8,906 | 12,188 | 14,971 | 16,165 | 27,723 | 30,476 | 31,265 | 39,987 | 42,969 | 40,965 | 42,054 | 45,153 |
| Total Assets | 14,284 | 16,869 | 20,212 | 22,955 | 62,435 | 68,428 | 68,765 | 80,603 | 86,115 | 85,140 | 86,012 | 93,119 |
| Equity Capital | 86 | 86 | 101 | 102 | 102 | 153 | 153 | 153 | 150 | 150 | 159 | 169 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1,409 | 1,396 | 2,585 | 2,839 | 2,356 | 8,739 | 7,212 | 6,496 | 7,751 | 2,321 | 10,151 | 7,855 |
| Cash from Investing Activity + | -463 | -1,734 | -1,022 | -2,059 | -31,282 | -2,666 | -2,426 | -3,575 | -1,354 | -2,509 | -1,823 | -1,475 |
| Cash from Financing Activity + | -991 | 469 | 140 | -801 | 28,893 | -2,175 | -6,713 | -1,921 | -6,227 | 164 | -4,793 | -9,883 |
| Net Cash Flow | -45 | 131 | 1,703 | -21 | -33 | 3,898 | -1,927 | 1,000 | 170 | -24 | 3,535 | -3,503 |
| CFO/OP | 71 | 78 | 99 | 90 | 71 | 141 | 95 | 79 | 88 | 81 | 156 | 93 |
| Free Cash Flow | 878 | 703 | 1,382 | 1,435 | 803 | 6,804 | 5,147 | 3,931 | 5,462 | 367 | 8,896 | 5,502 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 16.64% | 16.27% | 18.51% | 17.23% | 15.59% | 15.08% | 13.72% | 13.5% | 12.33% | 10.94% | 10.05% | 9.77% |
| Promoters | 32.51% | 32.51% | 32.51% | 32.51% | 32.51% | 33.5% | 33.5% | 33.49% | 33.49% | 33.49% | 33.5% | 33.5% |
| Government | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.01% | 0.02% | 0.02% |
| FII | 33.57% | 34.39% | 33.64% | 34.51% | 34.22% | 32.52% | 34.22% | 34.9% | 37.01% | 38.84% | 41.78% | 42.39% |
| DII | 17.27% | 16.82% | 15.33% | 15.73% | 17.64% | 18.89% | 18.56% | 18.09% | 17.17% | 16.71% | 14.63% | 14.32% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Chemicals — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| UPL Limited (this stock) | 46,419 | 23.5 | 1.34 | 5.64% |
| Navin Fluorine Int. Ltd | 44,051 | 55.4 | 11.08 | 19.6% |
| Gujarat Fluorochem Ltd | 49,102 | 79.5 | 6.24 | 7.82% |
| Fact Ltd | 51,552 | 3481.0 | 37.59 | 1.61% |
| Linde India Limited | 52,377 | 95.9 | 12.28 | 13.6% |
| Pi Industries Ltd | 36,412 | 33.7 | 3.24 | 11.2% |
| Coromandel Interntl. Ltd | 57,480 | 30.8 | 4.57 | 16.4% |
Which Mutual Funds Hold UPL Limited?
Frequently Asked Questions about UPL Limited
UPL Limited (UPL) closed at ₹550.05 on NSE on 25 September 2026, up 0.45 (0.08%) from the previous close.
UPL Limited trades on the NSE (National Stock Exchange of India) under the symbol UPL.
UPL Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 23.5.
UPL Limited has a dividend yield of 1.09%.
UPL Limited's 52-week high is ₹812.0 and its 52-week low is ₹544.0.
UPL Limited has a market capitalisation of ₹46,419 crore.
UPL Limited has a TopFund Quality Score of 53/100 (Average), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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