UPL Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of UPLL?
Owner Type	Number of Shares	Ownership Percentage
State or Government	1,808,946	0.241%
Individual Insiders	20,028,410	2.67%
General Public	156,254,036	20.8%
Private Companies	209,603,956	27.9%
Institutions	362,912,293	48.3%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 72.93% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
25.9%	Demuric Holdings Pvt. Ltd.	194,618,403	US$1.2b	0%	no data
7.28%	Life Insurance Corporation of India, Asset Management Arm	54,618,419	US$322.9m	0%	0.19%
5.76%	ICICI Prudential Asset Management Company Limited	43,268,208	US$255.8m	47.6%	0.39%
3.38%	Massachusetts Financial Services Company	25,351,321	US$149.9m	-6.74%	0.03%
3.31%	JPMorgan Chase & Co, Private Banking and Investment Banking Investments	24,873,638	US$147.1m	0.25%	0.08%
3.05%	BlackRock, Inc.	22,863,903	US$135.2m	0%	no data
2.82%	The Vanguard Group, Inc.	21,202,093	US$125.3m	0.19%	no data
2.81%	E Fund Management Co., Ltd.	21,126,928	US$124.9m	0%	0.14%
1.96%	Suresight Ventures Limited	14,678,380	US$86.8m	0%	no data
1.82%	Harmonic Ventures Limited	13,629,604	US$80.6m	0%	no data
1.56%	Norges Bank Investment Management	11,679,379	US$69.0m	0%	0.01%
1.48%	SBI Funds Management Limited	11,130,124	US$65.8m	0%	0.07%
1.25%	Dimensional Fund Advisors LP	9,417,437	US$55.7m	-0.48%	0.01%
1.23%	Seafarer Capital Partners, LLC	9,200,000	US$54.4m	-11.5%	1.72%
1.19%	Jaidev Rajnikant Shroff	8,962,230	US$53.0m	0%	no data
1.16%	Lazard Asset Management LLC	8,684,234	US$51.3m	0%	0.05%
1.13%	HDFC Asset Management Company Limited	8,451,028	US$50.0m	0%	0.09%
1.08%	Mirae Asset Global Investments Co., Ltd.	8,118,563	US$48.0m	0%	0.04%
1.03%	Skagen AS	7,751,011	US$45.8m	0%	0.68%
0.96%	Vikram Shroff	7,191,364	US$42.5m	0%	no data
0.89%	Northern Trust Global Investments	6,667,461	US$39.4m	4.93%	0.01%
0.56%	Kotak Mahindra Asset Management Company Limited	4,196,542	US$24.8m	1.24%	0.07%
0.45%	Shilpa Shroff	3,388,443	US$20.0m	0%	no data
0.45%	Wasatch Advisors LP	3,346,350	US$19.8m	0%	0.07%
0.4%	Tata Asset Management Limited	2,972,707	US$17.6m	39.7%	0.14%

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 08:44
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

UPL Limited is covered by 46 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Himanshu Binani	Anand Rathi Shares and Stock Brokers Limited
null null	Anand Rathi Shares and Stock Brokers Limited
Sageraj Bariya	Angel Broking Private Limited