Company Profile

UPL has contributed Rs 75 crore to PM-CARES fund in assisting the government to fight against the coronavirus pandemic which has claimed the lives of over 50 people and infected more than 2,300 others. The company has also kept on standby the premises of its educational institutions such as Gyan Dham School and Sandra Shroff Rofel College of Nursing, both at Vapi in Gujarat, with necessary arrangements to operate as quarantine centres as and when required.

The company is also continuously providing large numbers of Personal Protective Equipment (PPE) to frontline healthcare and sanitisation workers who are fighting the battle against the novel coronavirus. It is additionally supplementing the Central and state governments' efforts by engaging 200 modern mechanical spraying machines (falcons) and 225 staff members to contain the spread of coronavirus.

UPL is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.

UPL’s subsidiary company -- UPL Corporation, Mauritius, (UPL Corp) has successfully placed United States Dollar (USD) denominated Perpetual Subordinated Capital Securities (Bonds) for aggregate amount of $400 million. The proceeds from Bonds get equity treatment as per accounting standards and rating agencies provide 50% equity credit whilst computing the financial ratios.

UPL is global player of crop protection products has customer base in 123 countries. It has subsidiary offices in Argentina, Australia, Bangladesh, Brazil, China, Canada, Denmark, Indonesia, France, Hong Kong, Japan, Korea, Mauritius, Mexico, New Zealand, Russia, Spain, Taiwan, South Africa, USA, UK, Vietnam and Zambia.

UPL reported results for third quarter ended December 31, 2019.

The company has reported 14- fold jump in its net profit at Rs 145 crore for the quarter under review as compared to Rs 10 crore for the same quarter in the previous year. Total income of the company increased by 12.24% at Rs 2504 crore for Q3FY20 as compared Rs 2231 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 52.06% in its net profit for the period attributable to equity holders of the parent at Rs 701 crore for the quarter under review as compared to Rs 461 crore for the same quarter in the previous year. Total income of the company increased by 79.75% at Rs 8912 crore for Q3FY20 as compared Rs 4958 crore for the corresponding quarter previous year.

UPL is currently trading at Rs. 563.15, up by 20.20 points or 3.72% from its previous closing of Rs. 542.95 on the BSE.

The scrip opened at Rs. 573.00 and has touched a high and low of Rs. 573.00 and Rs. 556.15 respectively. So far 195881 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 709.25 on 05-Jul-2019 and a 52 week low of Rs. 498.05 on 13-Aug-2019.

Last one week high and low of the scrip stood at Rs. 573.00 and Rs. 505.15 respectively. The current market cap of the company is Rs. 43093.94 crore.

The promoters holding in the company stood at 27.89%, while Institutions and Non-Institutions held 54.95% and 8.89% respectively.

UPL has reported 14- fold jump in its net profit at Rs 145 crore for the quarter ended December 31, 2019 as compared to Rs 10 crore for the same quarter in the previous year. Total income of the company increased by 12.24% at Rs 2504 crore for Q3FY20 as compared Rs 2231 crore for the corresponding quarter previous year.

On the consolidated basis, the company has reported a rise of 52.06% in its net profit for the period attributable to equity holders of the parent at Rs 701 crore for the quarter under review as compared to Rs 461 crore for the same quarter in the previous year. Total income of the company increased by 79.75% at Rs 8912 crore for Q3FY20 as compared Rs 4958 crore for the corresponding quarter previous year.

UPL has informed that the meeting of the Board of Directors of the Company is scheduled on 07/02/2020, to consider and approve the unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December 2019.

The above information is a part of company’s filings submitted to BSE.