NSE: UPL | BSE: 512070

Strong Performer, Under Radar

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654.20 6.20 (0.96%)

35.24% Gain from 52W Low

2.5M NSE+BSE Volume

NSE 29 Sep, 2025 3:31 PM (IST)

52,136.6

Market Cap

Market Runner Up

1.0

Beta 1Year

Average volatility

UPL Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for UPL, BSE:512070 UPL Ltd.

UPL Ltd.

28 May 2020

654.20

0.96%

UPL Ltd. is a global agricultural solutions company engaged in the agrochemicals and industrial chemicals business with manufacturing sites across the world. Through recent expansion, the company has become a...

UPL Ltd. has an average target of 728.33 from 5 brokers.

UPL Ltd.

23 May 2020

654.20

0.96%

Synergies drive operating performance

Neutral: UPL Ltd.

Target

Motilal Oswal

On like-to-like basis (i.e. including Arysta in 4QFY19), revenue grew 26% YoY Note that EBITDA growth of 25% in 4QFY20 was driven by cost and revenue synergies; excluding the same, EBITDA remained flat (refer For FY20, like-to-like revenue/EBITDA grew 13%/18%; revenue growth was driven by 16% volume growth, offset by 1% decline in prices and 2% forex In 4QFY20, strong revenue growth was witnessed across regions (North According to management, for 4QFY20/FY20, cost synergy realized from the Arysta acquisition stood at INR2.4b/INR7.7b and revenue synergies at Draft proposal on banning 27 pesticides in India would not impact the Cost synergy of USD150m, revenue synergy of USD200m and UPLL is aiming to reduce Net Debt to EBITDA to 2x by FY21 from 2.9x as at UPLLs FY20 revenue/EBITDA (like-to-like) grew 13%/18%, primarily driven by synergy benefits; excluding the same, base business (UPLL and Arysta; ex-synergy) operating performance remained flat (refer Additionally, net debt reduced by INR44b in FY20 (in line with guidance).

UPL Ltd. is trading below its 30 day SMA of 698.6

UPL Ltd.

23 May 2020

654.20

0.96%

UPL (BUY): Margin miss but resilient outlook in tough environment

Buy: UPL Ltd.

Target

BOB Capital Markets Ltd.

UPL's Q4 EBITDA was below our estimate at Rs 19bn as stronger revenue growth was offset by gross margin pressure and higher forex loss.

UPL Ltd. has an average target of 728.33 from 5 brokers.

UPL Ltd.

23 May 2020

654.20

0.96%

Q4FY20 Result Update - Comfortably sailing amid COVID chaos but leverage a concern - BUY

Buy: UPL Ltd.

Target

Prabhudas Lilladhar

We have upgraded our topline/EBITDA/APAT by 3%/3.6%/11% for FY21E and 2.6%/0.6%/5.8% for FY22E but lowered our target price from Rs542 to Rs497 based on 7.0x FY22E EV/EBITDA (implied P/E on TP- 11x) due to lower than expected debt reduction (considering perpetual bond as part of debt). UPL...

UPL Ltd. has an average target of 728.33 from 5 brokers.

UPL Ltd.

16 Mar 2020

654.20

0.96%

[Initiation] UPL (BUY): Deleveraging to aid potential rerating initiate with BUY

Buy: UPL Ltd.

BOB Capital Markets Ltd.

We explore UPL's stock potential under three scenarios and find a convincing case for +100%/200% returns in our base/bull case over the next three years.

UPL Ltd. is trading above its 200 day SMA of 639.4

UPL Ltd.

16 Mar 2020

654.20

0.96%

UNITED PHOSPHORUS

Buy: UPL Ltd.

Recommendation Target

Geojit BNP Paribas

Number of FII/FPI investors increased from 798 to 851 in Jun 2025 qtr.

UPL Ltd.

14 Feb 2020

654.20

0.96%

Model Trading Portfolio - UPL Ltd

Buy: UPL Ltd.

Edelweiss

UPL Ltd. United Phosphorous (UPL) is a producer of crop protection products, intermediates, specialty chemicals and other industrial chemicals, was incorporated in the year 1969.

Number of FII/FPI investors increased from 798 to 851 in Jun 2025 qtr.

UPL Ltd.

12 Feb 2020

654.20

0.96%

UPL Limited

Results Update: UPL Ltd.

SMC online

UPL quarterly profit meets estimates as Latin America business shine. UPL's Revenue from operations surged 80.69% to Rs 8,892 crore in Q3 December 2019 as compared to Rs 4,921 crore in Q3 December 2018. Profit before tax in the December quarter stood at Rs 1,037 crore, up 107.40% from Rs 500 crore in Q3 December 2018. Total expenses in the December quarter stood at Rs 7,800 crore, up 78.61% from Rs 4,367 crore reported in the December quarter last year. Profit after tax in the December quarter stood at Rs 761 crore, up 40% from Rs 544.17 crore in Q3 December 2018....

UPL Ltd. is trading above its 200 day SMA of 639.4

UPL Ltd.

07 Feb 2020

654.20

0.96%

Q3FY20 Result Update

Buy: UPL Ltd.

Target

Prabhudas Lilladhar

Gaining market share in many geographies and segments: UPL continues to gain market share in Brazil across major crops like Soybean, Corn, Coffee, Sugarcane and plantation crops driven by cross selling opportunities as UPL is strong in Mato Grasso region while Arysta is strong in South of Brazil. There has also been significant market share gain in North America and in...

UPL Ltd. is trading below its 30 day SMA of 698.6

UPL Ltd.

07 Oct 2019

654.20

0.96%

Pick of the Week:07 OCT 2019

Buy: UPL Ltd.

Axis Direct

UPL has wide product basket which includes herbicides (29%), fungicides (26%), insecticides (25%), seeds (9%) and others (11%) covering a variety of crops including rice, wheat, cotton, soya, sugar beet, fruits & vegetables. Its product portfolio is across the entire crop protection and seed chain.

UPL Ltd. is trading above its 200 day SMA of 639.4

Is UPL Ltd. worth buying?

1264 Votes:

Buy 77.93%

Sell 14.4%

Hold 7.67%

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