| Revenue growth | 11% YoY for FY26; 18% YoY for Q4FY26. |
|---|---|
| Margins | EBITDA margin improved 110bps to 18.5% in FY26. |
| Demand visibility | Resilient grower demand despite macro volatility and lower commodity prices. |
| Management confidence | High; exceeded full-year guidance across all key metrics. |
Growth
FY26 Revenue reached ₹51,839 cr (+11% YoY), and PATMI hit ₹1,921 cr, more than doubling YoY.
Outlook
Strong focus on deleveraging with Net Debt/EBITDA target <1.6x achieved; FY27 guidance focused on sustained profitable growth.
Risks
Lower commodity prices causing farm economic stress, geopolitical situations, and US tariff-related challenges.
Earnings Call filed with BSE, NSE: UPL. Summary written with AI assistance from the document.
UPL Ltd: key numbers
- Share price
- ₹554.70
- Market cap
- ₹46,826 Cr
- Revenue (annual)
- ₹51,839 Cr
- Net profit (annual)
- ₹1,922 Cr
- P/E (TTM)
- 26.1×Sector 35.5×
- Promoter holding
- 33.51%+0.00% QoQ
- FII holding
- 42.36%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from UPL Ltd
All →UPL Earnings Call Transcript: Key Takeaways
Q2 revenue fell 1% to ₹11,860 Cr on a 10% volume drop. EBITDA rose 5% to ₹2,312 Cr at 19.5% margin, led by Superform. Net debt rose $312M, and the deleveraging case relies on a self-defined 'structural debt' metric.
UPL Management Change
UPL's board appointed S R B C & CO LLP as auditors, LIC-nominated Director Shrivastava, and President Tandon to senior management. All effective November 2, 2026.
UPL Investor Presentation: Key Takeaways
Q2FY27 revenue ₹11,860 cr (-1%), EBITDA ₹2,312 cr (+5%, 19.5% margin); H1 Operational PATMI ₹441 cr (+33%). Eight quarters of margin expansion; Advanta acquiring Misr Hytech.
UPL Results Update
UPL's Q2 FY27 revenue was ₹11,860 Cr with EBITDA of ₹2,312 Cr. H1 operational PATMI rose 33% YoY on sustained margin expansion.
UPL Q2 FY27 Results: Net Profit ₹452 Cr, Down 26.1% YoY
UPL Ltd reported revenue from operations of ₹11,860 Cr (-1.3% YoY) and net profit of ₹452 Cr (-26.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹452 Cr · -26.1% YoY
UPL Board Meeting Date
UPL schedules a 2 November 2026 board meeting to approve unaudited quarterly and half-year results, followed by an earnings call. The trading window stays closed until 48 hours after results are disseminated.