UPL Management

Management criteria checks 1/4

UPL's CEO is Jai Rajnikant Shroff, appointed in Feb 2007, has a tenure of 17.25 years. directly owns 1.19% of the company’s shares, worth ₹4.54B. The average tenure of the management team and the board of directors is 3.4 years and 2.6 years respectively.

Key information

Jai Rajnikant Shroff

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	17.3yrs
CEO ownership	1.2%
Management average tenure	3.4yrs
Board average tenure	2.6yrs

Recent management updates

Recent updates

CEO

Jai Rajnikant Shroff (58 yo)

17.3yrs

Tenure

₹570,000,000

Compensation

Mr. Jaidev Rajnikant Shroff, also known as Jai, B.Sc., serves as Chairman at UPL Limited since December 1, 2022. He is a Promoter of Pacific Seeds (Thai) Ltd. Mr. Shroff has been Group Chief Executive Offi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Raj Tiwari	Whole-Time Director	1.5yrs	₹53.70m	no data
Jaidev Rajnikant Shroff	Chairman	17.3yrs	₹570.00m	1.19% ₹ 4.5b
Vikram Shroff	Vice-Chairman & Co-CEO of UPL Group	18.1yrs	₹280.00m	0.96% ₹ 3.6b
Anand Vora	Chief Financial Officer	no data	₹60.00m	no data
Rahul Jadhav	Senior General Manager of Accounts	31.7yrs	no data	no data
Vicente Gongora	Chief Technology Officer	2.3yrs	no data	no data
Radhika Arora	Head of Investor Relations	no data	no data	no data
Rohit Kumar	Global General Counsel	no data	no data	no data
Sandeep Deshmukh	Company Secretary & Compliance Officer	4.5yrs	no data	no data
Christina Coen	Chief Marketing Officer	2.3yrs	no data	no data
K. Srivastava	Chief Operating Officer of Specialty Chemicals	no data	no data	no data
Farokh Hilloo	Chief Commercial Officer & Global Head of Post-Patent Solutions	no data	no data	no data

3.4yrs

Average Tenure

56yo

Average Age

Experienced Management: 512070's management team is considered experienced (3.4 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Raj Tiwari	Whole-Time Director	1.5yrs	₹53.70m	no data
Jaidev Rajnikant Shroff	Chairman	31.6yrs	₹570.00m	1.19% ₹ 4.5b
Vikram Shroff	Vice-Chairman & Co-CEO of UPL Group	18.1yrs	₹280.00m	0.96% ₹ 3.6b
Rajnikant Shroff	Chairman Emeritus	1.4yrs	₹120.70m	0.0020% ₹ 7.6m
Naina Lal Kidwai	Independent Director	2.6yrs	₹1.90m	no data
Hardeep Singh	Lead Independent Director	9.3yrs	₹3.26m	0.0070% ₹ 26.8m
Vasant Gandhi	Independent & Non-Executive Director	8.5yrs	₹3.44m	no data
Carlos Alberto De Pellicer	Non-Independent	1.5yrs	no data	no data
Usha Rao-Monari	Non-Executive & Independent Director	no data	₹1.56m	no data
Suresh Kumar	Independent Director	1.6yrs	₹660.00k	no data

2.6yrs

Average Tenure

66yo

Average Age

Experienced Board: 512070's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.

UPL Management

Management criteria checks 1/4

Key information

Recent management updates

UPL Limited, Annual General Meeting, Aug 18, 2023

High number of new directors

Insider recently sold ₹2.7m worth of stock

UPL Limited Announces Board Changes

UPL Limited, Annual General Meeting, Aug 12, 2022

Insufficient new directors

Recent updates

UPL Limited(NSEI:UPL) dropped from Nifty 50

Price target decreased by 10% to ₹608

Now 27% undervalued after recent price drop

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Now 21% undervalued after recent price drop

Price target decreased by 8.2% to ₹698

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 19%

Price target decreased by 12% to ₹777

New major risk - Financial position

Full year 2023 earnings: EPS and revenues miss analyst expectations

UPL Limited to Report Q2, 2024 Results on Nov 14, 2023

Upcoming dividend of ₹10.00 per share at 1.6% yield

UPL Limited to Report Q1, 2024 Results on Jul 31, 2023

UPL Limited, Annual General Meeting, Aug 18, 2023

Consensus EPS estimates fall by 17%

Price target decreased by 7.3% to ₹917

UPL Limited Provides Earnings Guidance for the Year 2024

UPL Limited Recommends Dividend

Full year 2023 earnings: EPS and revenues miss analyst expectations

Third quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

High number of new directors

Insider recently sold ₹2.7m worth of stock

Now 21% undervalued

Second quarter 2023 earnings: EPS in line with analyst expectations despite revenue beat

UPL Limited Announces Board Changes

UPL Ltd Announces Strategic Corporate Realignment Creating Pure Play Growth Platforms

UPL Reportedly Looks to Raise $500-550 Million from PE Funds

Upl Limited Approves Final Dividend for Year Ended March 31, 2022

UPL Limited (BSE:512070) agreed to acquire 26% stake in Clean Max Kratos Pvt. Ltd. for INR 0.026 million.

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

UPL Limited to Report Q3, 2023 Results on Feb 14, 2023

UPL Limited to Report Q1, 2023 Results on Aug 01, 2022

UPL Limited, Annual General Meeting, Aug 12, 2022

UPL Limited (BSE : 512070) acquired Kudos Chemie Limited for INR 400 million.

UPL Limited Announces Launch of Flupyrimin Insecticides to Protect Rice Yields

UPL Ltd. Announces the Launch of ZOATIN, a New Biosolution

UPL Limited Recommends Dividend

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Insufficient new directors

UPL Reportedly in Merger Talks with 2 American Co.'s

UPL Limited (BSE:512070) announces an Equity Buyback for INR 11,000 million worth of its shares.

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Bunge Limited (NYSE:BG) agreed to acquire a 33% stake in SINAGRO PRODUTOS AGROPECUÁRIOS S/A from UPL Limited (BSE:512070).

Insufficient new directors

Second quarter 2022 earnings released: EPS ₹8.29 (vs ₹6.07 in 2Q 2021)

Full year 2021 earnings released: EPS ₹36.40 (vs ₹23.25 in FY 2020)

Board Member recently sold ₹3.0m worth of stock

Board Member recently sold ₹6.2m worth of stock

Additional Non-Executive & Independent Director has left the company

Full year 2021 earnings released: EPS ₹36.40 (vs ₹23.25 in FY 2020)

UPL Limited Provides Earnings Guidance for the Fiscal Year 2022

UPL Limited Recommends Dividend

Insider recently sold ₹1.3m worth of stock

AgroFresh Reaches Patent Infringement Settlement with Decco Post-Harvest, Inc. and its Parent Company, UPL Limited

FMC Corporation Announces Long-Term Collaboration with UPL Ltd. for Rynaxypyr® Active Ingredient

New 90-day high: ₹592

Revenue and earnings miss expectations

Third quarter 2021 earnings released: EPS ₹10.38 (vs ₹9.16 in 3Q 2020)

UPL Limited to Report Q3, 2021 Results on Jan 29, 2021

Investor sentiment improved over the past week

New 90-day high: ₹509

USA Court Reduces Award from $31 Million to $13 Million in A Major Relief to UPL

First half earnings released

New 90-day low: ₹433

New 90-day high - ₹530

New 90-day high - ₹519

UPL Limited to Report Q3, 2021 Results on Feb 14, 2021

First quarter earnings released