UPL Ltd, formerly known as United Phosphorus Limited, is one of the largest agrochemicals companies in the world. It is based in India and has offices in more than 80 countries around the world. It has a strong presence across the entire value chain of agrochemicals from research and development, production, formulation, and marketing of agricultural specialty products. The company has a long history in the industry, spanning more than 50 years, and is backed by a diverse portfolio of products and services. UPL is committed to providing innovative and sustainable solutions to farmers and other stakeholders in the agriculture industry. In addition to its agrochemicals business, UPL is also involved in the manufacture of industrial chemicals, specialty chemicals, and related products. With a commitment to innovation and sustainability, UPL is well-positioned to be a leader in the agrochemicals sector going forward. 

Some recent news that may affect your decision in investing in UPL Ltd:

• The SHENZI 700 WG and SHENZI 400 SC pesticides have been released by UPL Ltd., a global provider of sustainable agriculture solutions, to the North American market. Growers can use SHENZI 700 WG and 400 SC to protect their crops from insect pests and resistance while reducing their negative environmental effects.

 

• UPL Ltd reported consolidated net profit of 792 crore for the quarter ended in March, a decrease of 42.6% year over year (YoY). The business reported a combined net profit of 1,379 crore for Q4FY22.In the same quarter of the previous fiscal year (Q4FY22), the company’s consolidated revenue from operations increased by 4.5% to 16,569 crore from 15,861 crore.A 16% YoY rise in revenue to 53,576 crore for FY23 was driven by better product realisations, a beneficial currency effect, and stable volumes. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortisation) for the quarter ending in March down 16% year over year to 3,033 crore from 3,591 crore, according to the business.EBITDA increased by 10% YoY in FY23 to INR 11,178 crore from INR 10,165 crore. The business stated in an exchange filing that the reason for the lower EBITDA margins was mostly due to Q4’s weaker-than-expected performance, which was influenced by headwinds in the post-patent market.

 

• On equity shares with a face value of 2, the board of directors of UPL announced a dividend of 10 per share, or a 500% return to owners.”The dividend will be paid / dispatched within 30 days of the Annual General Meeting,” the business stated in an exchange filing.

 

• The quarter was negatively impacted by a dramatic decline in product pricing and delays in planting season, which made it difficult to position products, according to the company’s exchange report.

UPL Ltd. Share Price Performance in 2023

When	Maximum Price	Minimum Price
May 2023	700.83375	476.2125
June 2023	756.6005	571.455
July 2023	754.3206	685.746
August 2023	829.75266	754.3206
September 2023	871.240293	792.03663
October 2023	829.75266	754.3206
November 2023	912.727926	829.75266
December 2023	930.9824845	846.3477132

UPL Ltd. has seen a strong share price performance in 2023, with the maximum price reaching as high as Rs 930.98 per share in December 2023 and the minimum price being Rs 476.21 per share in May 2023. The stock has seen an impressive increase in price over the period, with the highest monthly increase being seen in August 2023 with a maximum of Rs 829.75 per share. This was followed by a steady increase in the prices of the stock throughout the year, with the lowest monthly decrease being in March 2023 with a minimum of Rs 519.50 per share. Overall, UPL Ltd. has demonstrated a strong performance in 2023, with a consistent upward trend in the share price.

UPL Ltd. Share Price Performance in 2024

When	Maximum Price	Minimum Price
January 2024	940.386348	854.89668
February 2024	969.4704619	881.3367835
March 2024	984.2339714	894.7581558
April 2024	894.7581558	813.4165053
May 2024	745.6317965	677.8470878
June 2024	894.7581558	813.4165053
July 2024	939.4960636	854.0873306
August 2024	1033.44567	939.4960636
September 2024	1085.117953	986.4708668
October 2024	1033.44567	939.4960636
November 2024	1064.44904	967.6809455
December 2024	1085.738021	987.0345645

UPL Ltd. share price had a positive performance in 2024, with a maximum price of 1085.738021 INR and a minimum price of 854.89668 INR. The company’s share price surged by over 230 points from its January low to its December high, resulting in a gain of 23% over the year. This was largely due to a surge in demand for the company’s products and services, as well as the growing market for agrochemicals in India and abroad. UPL Ltd. had a great year in 2024, with its share price performing strongly and increasing investor confidence in the company. The company is looking forward to a bright future in the coming years and is expected to continue its upward trend in share price.

UPL Ltd. Share Price Performance in 2025

When	Maximum Price	Minimum Price
January 2025	1031.45112	937.6828362
February 2025	979.8785639	890.7986944
March 2025	1028.872492	935.3386291
April 2025	918.6361536	835.123776
May 2025	998.5175583	907.7432348
June 2025	1098.369314	998.5175583
July 2025	1046.066013	950.9691031
August 2025	950.9691031	864.5173665
September 2025	998.5175583	907.7432348
October 2025	950.9691031	864.5173665
November 2025	998.5175583	907.7432348
December 2025	1068.413787	971.2852612

The share price of UPL Ltd. has shown a steady increase in the past few years and is expected to continue to increase in the near future. In 2025, UPL Ltd. share price can be expected to reach a maximum of 1068.413787 INR and a minimum of 835.123776 INR. This would represent an increase of around 11.4% from the previous year, indicating healthy market conditions for UPL Ltd. investments. The performance of UPL Ltd. in 2025 could be largely attributed to the company’s financial performance in recent years, with improved operational efficiency and new product launches. Moreover, with the Indian economy expected to have a positive outlook in 2025, UPL Ltd. share prices could be expected to receive a further boost. Hence, investors should consider investing in UPL Ltd. in 2025, as the share prices could be expected to increase further.

UPL Ltd. Share Price Targets 2026 to 2030

Year WISE (in INR)	Maximum Price	Minimum Price
2023	930.9824845	476.2125
2024	1085.738021	854.89668
2025	1068.413787	835.123776
2026	1260.728269	1134.655442
2027	1525.481206	1372.933085
2028	1830.577447	1647.519702
2029	2160.081387	1944.073248
2030	2332.887898	2099.599108

UPL Ltd. is a leading Indian company engaged in the field of agrochemicals and related services. In the last few years, the company’s stock price has been steadily increasing. According to the data, the maximum price of UPL Ltd. shares in 2023 was INR 930.98, with a minimum of INR 476.21. This trend has continued in the following years, reaching a maximum of INR 2332.89 in 2030 and a minimum of INR 2099.60. The price targets for 2026 to 2030 have also been increasing steadily, with the highest being INR 1525.48 in 2027 and the lowest being INR 1134.66 in 2026. This trend reflects the company’s strong performance in the industry and market and the trust placed in it by its investors. It is expected that the share price of UPL Ltd. will continue to rise in the future, thereby providing investors with an attractive return on their investments.

Price Targets by Experts

Price target by Jefferies

UPL’s Price Target is reduced by Jefferies to INR905 from INR970 and is maintained as Buy

Price target by Motilal Oswal

Motilal Oswal recommended Neutral rating on UPL with a target price of Rs 750

Factors Affecting UPL Ltd. Share Price

UPL Ltd. is an Indian agrochemical and crop protection company headquartered in Mumbai. The company’s share price has been steadily increasing over the past few years as a result of various factors. The company’s expanding global presence, particularly in Europe and the United States, has been a major factor driving its share price. Additionally, the company’s strong financial performance and research and development have also contributed to its share price appreciation. Furthermore, the company has been able to take advantage of new technologies, such as drones and automated irrigation systems, to increase its market share and profitability. This, in turn, has driven the share price upwards. In addition, UPL has benefited from strong demand for its products in India, as well as from increasing demand from the Asia Pacific region. All these factors have contributed to the rising share price of UPL Ltd. over the years.

Conclusion

UPL Ltd. has established a strong presence in India, Latin America, the United States and Europe, and provides innovative products to farmers around the world. UPL Ltd. has a strong research and development team, which is focused on bringing new products to the market that are tailored to the specific needs of different regions. Additionally, the company has a commitment to sustainability and focuses on reducing its environmental impact through various initiatives. UPL Ltd. has been able to establish itself as a leader in the industry and has seen consistent growth in its stock price over the past decade. In conclusion, UPL Ltd. is a solid investment with a long-term outlook and should remain a steady performer for investors.

FAQs

1. What is UPL Ltd?

Answer: UPL Ltd (formerly United Phosphorus Limited) is a multinational agrochemical company based in India. It specialises in the production of crop protection chemicals, crop care products, and agrochemical intermediates.

2. What products does UPL Ltd produce?

Answer: UPL Ltd produces a wide range of crop protection chemicals, crop care products, and agrochemical intermediates. These include herbicides, insecticides, fungicides, plant growth regulators, adjuvants, and more.

3. Who are UPL Ltd customers?

Answer: UPL Ltd customers include farmers, crop protection companies, governments, and other agricultural organisations.

4. Where is UPL Ltd located?

Answer: UPL Ltd is headquartered in Mumbai, India. Its global network consists of research and development centres, manufacturing plants, and commercial offices in Asia, Africa, the Americas, and Europe.

5. Is UPL Ltd publicly traded?

Answer: Yes, UPL Ltd is traded on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) in India.

6. What is UPL Ltd history?

Answer: UPL Ltd was founded in 1969 as United Phosphorus Limited. Over the years, the company has expanded its business and offerings to become a global leader in agrochemicals.

7. Does UPL Ltd have an environmental strategy?

Answer: Yes, UPL Ltd is committed to minimising its environmental impact. The company has implemented an environmental management system to manage the environmental impacts of its operations.

8. Does UPL Ltd have a sustainability policy?

Answer: Yes, UPL Ltd is committed to promoting sustainable agriculture and helping smallholder farmers increase their productivity and incomes. The company also has a sustainability policy in place to ensure responsible and ethical corporate practices.

9. Does UPL Ltd have a corporate social responsibility program?

Answer: Yes, UPL Ltd is committed to social responsibility and participates in various initiatives to improve the lives of farmers and their communities.

10. Does UPL Ltd offer any services?

Answer: Yes, UPL Ltd provides services such as crop protection consulting, pest control, and agronomic assistance. The company also offers a range of digital services, such as remote monitoring and data analysis.

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