UPL Limited has informed the Exchange regarding a press release dated May 11, 2026, titled "Audited Financial Results for the financial year ended March 31, 2026".
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UPL Limited reported record FY26 performance with revenue of ₹51,839 crore, up 11% YoY, driven by volume growth across platforms supported by favorable FX. EBITDA grew 18% to ₹9,588 crore with margin expansion of 110 bps to 18.5%. Profit Before Tax was approximately 4x vs prior year, and Operational PATMI grew more than 2.5x YoY. The company significantly strengthened its balance sheet by reducing gross debt by $850 million, bringing Net Debt/EBITDA to 1.6x from 2.1x previously. Q4 also showed strong momentum with 18% revenue growth to ₹18,335 crore. Management highlighted navigating geopolitical headwinds including US tariffs while outperforming guidance on all three parameters: revenue, EBITDA, and gearing.
Strong earnings beat with robust profitability growth and substantial debt reduction signals healthy operational execution and financial discipline, which should be viewed positively by shareholders and could support stock price appreciation.