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Earnings Call

UPL Earnings Call: Key Takeaways

UPL Limited delivered a strong FY26 with 11% revenue and 18% EBITDA growth, outperforming full-year guidance across all key metrics despite intense commodity volatility and geopolitical stress.

Why this was an Alfa AlertMultiple primary metric beats: Revenue (+11% vs guided 4-8% range, a 37.5% beat on upper end); EBITDA (+18% vs upgraded guidance of 12-16%, a 12.5% beat on upper end).
Highlights
Revenue growth11% YoY; volume-led growth across most key markets.
MarginsEBITDA margin expanded 110bps to 18.5% in FY26.
Demand visibilityResilient grower demand despite lower commodity price realizations.
Management confidenceHigh; outperformed own guidance across all major financial metrics.

Growth

Revenue grew 11% to ₹51,839 cr; EBITDA up 18% to ₹9,588 cr. PATMI more than doubled to ₹1,921 cr.

Outlook

Strong FY27 outlook with focus on sustainable agriculture, specialty chemicals expansion, and continued balance sheet deleveraging.

Risks

Low commodity prices causing farm economic stress; US tariff uncertainties and volatile agrochemical pricing environment.

Source

Earnings Call filed with NSE, NSE: UPL. Summary written with AI assistance from the document.

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UPL Ltd: key numbers

Share price
₹550.05
Market cap
₹46,434 Cr
Revenue (annual)
₹51,839 Cr
Net profit (annual)
₹1,922 Cr
P/E (TTM)
24.1×Sector 37.5×
Promoter holding
33.51%+0.00% QoQ
FII holding
42.39%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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18:05 IST NSE
Credit Rating

UPL Credit Rating

CRISIL Ratings has revised UPL Limited's long-term bank facility outlook from 'Negative' to 'Stable', while reaffirming its 'CRISIL AA+' rating.

13:31 IST BSE
Earnings Call

UPL Earnings Call: Key Takeaways

UPL delivered a strong FY26 with 11% revenue growth and 18% EBITDA growth, outperforming its guidance. Strategy focuses on accelerating profitable growth through geographic scale, product diversification, and debt reduction.

13:19 IST BSE
Financial Results

UPL Q4 FY26 Results: Net Profit ₹1,294 Cr, Up 19.9% YoY

UPL Ltd reported revenue from operations of ₹18,335 Cr (+17.7% YoY) and net profit of ₹1,294 Cr (+19.9% YoY) for Q4 FY26.

Key figure
Net profit ₹1,294 Cr · +19.9% YoY