UPL (company)

UPL Limited

Formerly	United Phosphorus Limited (1969–2013)
Company type	Public
Traded as	BSE:  512070 NSE:  UPL
ISIN	INE628A01036
Industry	Agribusiness Chemicals
Founded	29 May 1969;56 years ago (1969-05-29)
Founder	Rajnikant Shroff
Headquarters	Mumbai, Maharashtra , India [1]
Area served	Worldwide
Key people	Rajnikant Shroff (Chairman & MD) Jaidev Shroff (CEO) [2]
Products	Agrochemicals Specialty chemicals
Revenue	₹53,576 crore (US$6.3 billion) (FY23) [3]
Operating income	₹11,178 crore (US$1.3 billion) (FY23) [4]
Net income	₹3,569 crore (US$420 million) (FY23) [3]
Total assets	₹82,679 crore (US$9.8 billion) (2022)
Total equity	₹24,661 crore (US$2.9 billion) [5]  (2022)
Owners	Nerka Chemicals Pvt Ltd (20.10%) Life Insurance Corporation (8.41%) Uniphos Enterprises Ltd (5.11%) [5]
Number of employees	10,000+ [5]  (FY21)
Website	upl-ltd.com

UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals. ^[6] Headquartered in Mumbai, the company is primarily engaged in the manufacture and marketing of conventional agrochemicals, seeds, and other agriculture-related products. It also manufactures fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial and specialty chemicals, and nutrifeeds. ^{[7] [8]}

United Phosphorus Limited was established on 29 May 1969. ^[8] The company changed its name to UPL Limited in October 2013. ^[9]

On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019, ^{[10] [11]} making UPL the fifth largest generic agrochemicals company in the world after Bayer, Corteva, Syngenta and BASF. ^{[12] [13]}

References

1. "Contact Us". UPL Limited. Retrieved 16 March 2019.
2. "Global Leadership". UPL Limited. Retrieved 16 March 2019.
3. "UPL's Q4 net drops 43% to ₹792 crore on pricing pressure, delayed planting season". The Hindu Businessline. 8 May 2023. Retrieved 14 June 2023.
4. "UPL Q4FY23 results: Net profit falls by 42.6%, declares dividend". mint. 8 May 2023. Retrieved 14 June 2023.
5. "Annual Report 2020-21" (PDF). UPL Limited. Retrieved 8 May 2022.
6. "Company Overview of UPL Limited". Bloomberg. 20 May 2023.
7. "Company Profile for UPL Limited". Reuters. Retrieved 16 March 2019.^{[ dead link ]}
8. "UPL Limited on the Forbes Asia's Fab 50 Companies List". Forbes. Retrieved 16 March 2019.
9. "UPL LTD – GDR (UPL:Singapore): Company Description – Bloomberg". Bloomberg. Retrieved 16 March 2019.
10. "UPL completes acquisition of Arysta LifeScience for $4.2 billion". The Economic Times. 4 February 2019. Retrieved 16 March 2019.
11. "UPL Jumps The Most In Four Years After $4.2 Billion Deal To Acquire Arysta Lifescience". BloombergQuint. 23 July 2018. Retrieved 16 March 2019.
12. "All You Need To Know About UPL's Latest Buyout Plan". BloombergQuint. 17 July 2018. Retrieved 16 March 2019.
13. "UPL Completes Acquisition of Arysta LifeScience". Successful Farming. 1 February 2019. Retrieved 16 March 2019.