Please find enclosed letter dated May 11, 2026.
UPL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
UPL Limited reported FY2026 consolidated revenue of Rs. 51,839 Crores, up 11.1% from Rs. 46,637 Crores in FY2025. Profit after tax surged 170.7% to Rs. 2,220 Crores from Rs. 820 Crores, driven by improved margins and a one-time tax reversal of Rs. 592 Crores following a favorable appellate order. The company completed its Rs. 1,700 Crores rights issue (second call/final call) and recommended dividend of Rs. 6 per share (300%). Exceptional items included restructuring costs (Rs. 131 Crores), new labour codes impact (Rs. 59 Crores), partially offset by VAT disallowance reversal (Rs. 251 Crores gain from Brazilian Supreme Court ruling). The auditor issued an unmodified (clean) opinion. A composite scheme of arrangement involving UPL SAS amalgamation and demerger is pending regulatory approvals.
Strong PAT recovery and cash raise position the company well, though the operating cash outflow of Rs. 2,557 Crores warrants monitoring. The pending restructuring scheme may create near-term uncertainty.