UPL Limited

NSEI:UPL Stock Report

Market Cap: ₹378.6b

UPL Management

Management criteria checks 1/4

UPL's CEO is Jai Rajnikant Shroff, appointed in Feb 2007, has a tenure of 17.83 years. total yearly compensation is ₹666.60M, comprised of 50% salary and 50% bonuses, including company stock and options. directly owns 1.19% of the company’s shares, worth ₹4.52B. The average tenure of the management team and the board of directors is 4 years and 2.7 years respectively.

Key information

Jai Rajnikant Shroff

Chief executive officer

₹666.6m

Total compensation

CEO salary percentage50.0%
CEO tenure17.8yrs
CEO ownership1.2%
Management average tenure4yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Is UPL Limited (NSE:UPL) Potentially Undervalued?

Nov 04
Is UPL Limited (NSE:UPL) Potentially Undervalued?

UPL (NSE:UPL) Is Reinvesting At Lower Rates Of Return

Oct 14
UPL (NSE:UPL) Is Reinvesting At Lower Rates Of Return

Is UPL (NSE:UPL) A Risky Investment?

Aug 27
Is UPL (NSE:UPL) A Risky Investment?

UPL (NSE:UPL) Will Pay A Smaller Dividend Than Last Year

Aug 03
UPL (NSE:UPL) Will Pay A Smaller Dividend Than Last Year

UPL Limited's (NSE:UPL) Share Price Is Matching Sentiment Around Its Revenues

Jul 15
UPL Limited's (NSE:UPL) Share Price Is Matching Sentiment Around Its Revenues

UPL (NSE:UPL) Is Reinvesting At Lower Rates Of Return

Jun 27
UPL (NSE:UPL) Is Reinvesting At Lower Rates Of Return

Why UPL Limited (NSE:UPL) Could Be Worth Watching

Jun 12
Why UPL Limited (NSE:UPL) Could Be Worth Watching

Does UPL (NSE:UPL) Have A Healthy Balance Sheet?

May 28
Does UPL (NSE:UPL) Have A Healthy Balance Sheet?

Are Investors Undervaluing UPL Limited (NSE:UPL) By 31%?

Apr 22
Are Investors Undervaluing UPL Limited (NSE:UPL) By 31%?

Insufficient Growth At UPL Limited (NSE:UPL) Hampers Share Price

Apr 04
Insufficient Growth At UPL Limited (NSE:UPL) Hampers Share Price

UPL (NSE:UPL) Might Be Having Difficulty Using Its Capital Effectively

Mar 17
UPL (NSE:UPL) Might Be Having Difficulty Using Its Capital Effectively

Should You Think About Buying UPL Limited (NSE:UPL) Now?

Feb 27
Should You Think About Buying UPL Limited (NSE:UPL) Now?

Is There An Opportunity With UPL Limited's (NSE:UPL) 23% Undervaluation?

Jan 06
Is There An Opportunity With UPL Limited's (NSE:UPL) 23% Undervaluation?

Little Excitement Around UPL Limited's (NSE:UPL) Earnings

Dec 21
Little Excitement Around UPL Limited's (NSE:UPL) Earnings

The Returns On Capital At UPL (NSE:UPL) Don't Inspire Confidence

Dec 05
The Returns On Capital At UPL (NSE:UPL) Don't Inspire Confidence

Should You Think About Buying UPL Limited (NSE:UPL) Now?

Nov 20
Should You Think About Buying UPL Limited (NSE:UPL) Now?

Is UPL (NSE:UPL) A Risky Investment?

Sep 15
Is UPL (NSE:UPL) A Risky Investment?

Here's What's Concerning About UPL's (NSE:UPL) Returns On Capital

Aug 30
Here's What's Concerning About UPL's (NSE:UPL) Returns On Capital

What Does UPL Limited's (NSE:UPL) Share Price Indicate?

Aug 15
What Does UPL Limited's (NSE:UPL) Share Price Indicate?

UPL (NSE:UPL) Has Affirmed Its Dividend Of ₹10.00

Jul 31
UPL (NSE:UPL) Has Affirmed Its Dividend Of ₹10.00

UPL (NSE:UPL) Has Announced A Dividend Of ₹10.00

Jul 17
UPL (NSE:UPL) Has Announced A Dividend Of ₹10.00

Here's Why UPL (NSE:UPL) Can Manage Its Debt Responsibly

May 23
Here's Why UPL (NSE:UPL) Can Manage Its Debt Responsibly

Returns On Capital At UPL (NSE:UPL) Have Hit The Brakes

May 08
Returns On Capital At UPL (NSE:UPL) Have Hit The Brakes

Here's Why We Think UPL (NSE:UPL) Is Well Worth Watching

Apr 25
Here's Why We Think UPL (NSE:UPL) Is Well Worth Watching

Is There Now An Opportunity In UPL Limited (NSE:UPL)?

Apr 06
Is There Now An Opportunity In UPL Limited (NSE:UPL)?

Is There An Opportunity With UPL Limited's (NSE:UPL) 34% Undervaluation?

Mar 02
Is There An Opportunity With UPL Limited's (NSE:UPL) 34% Undervaluation?

Do UPL's (NSE:UPL) Earnings Warrant Your Attention?

Jan 17
Do UPL's (NSE:UPL) Earnings Warrant Your Attention?

We Think UPL (NSE:UPL) Can Stay On Top Of Its Debt

Jan 05
We Think UPL (NSE:UPL) Can Stay On Top Of Its Debt

At ₹729, Is It Time To Put UPL Limited (NSE:UPL) On Your Watch List?

Dec 23
At ₹729, Is It Time To Put UPL Limited (NSE:UPL) On Your Watch List?

Are Investors Undervaluing UPL Limited (NSE:UPL) By 26%?

Nov 29
Are Investors Undervaluing UPL Limited (NSE:UPL) By 26%?

There Are Reasons To Feel Uneasy About UPL's (NSE:UPL) Returns On Capital

Oct 19
There Are Reasons To Feel Uneasy About UPL's (NSE:UPL) Returns On Capital

We Ran A Stock Scan For Earnings Growth And UPL (NSE:UPL) Passed With Ease

Oct 06
We Ran A Stock Scan For Earnings Growth And UPL (NSE:UPL) Passed With Ease

Is UPL (NSE:UPL) A Risky Investment?

Sep 23
Is UPL (NSE:UPL) A Risky Investment?

Is Now An Opportune Moment To Examine UPL Limited (NSE:UPL)?

Aug 28
Is Now An Opportune Moment To Examine UPL Limited (NSE:UPL)?

An Intrinsic Calculation For UPL Limited (NSE:UPL) Suggests It's 44% Undervalued

Aug 04
An Intrinsic Calculation For UPL Limited (NSE:UPL) Suggests It's 44% Undervalued

UPL (NSE:UPL) May Have Issues Allocating Its Capital

Jun 30
UPL (NSE:UPL) May Have Issues Allocating Its Capital

Here's Why UPL (NSE:UPL) Has Caught The Eye Of Investors

Jun 15
Here's Why UPL (NSE:UPL) Has Caught The Eye Of Investors

UPL (NSE:UPL) Seems To Use Debt Quite Sensibly

Jun 03
UPL (NSE:UPL) Seems To Use Debt Quite Sensibly

Is UPL Limited (NSE:UPL) Potentially Undervalued?

May 23
Is UPL Limited (NSE:UPL) Potentially Undervalued?

CEO Compensation Analysis

How has Jai Rajnikant Shroff's remuneration changed compared to UPL's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-₹21b

Jun 30 2024n/an/a

-₹19b

Mar 31 2024₹667m₹333m

-₹13b

Dec 31 2023n/an/a

-₹6b

Sep 30 2023n/an/a

₹17b

Jun 30 2023n/an/a

₹27b

Mar 31 2023n/an/a

₹34b

Dec 31 2022n/an/a

₹40b

Sep 30 2022n/an/a

₹39b

Jun 30 2022n/an/a

₹37b

Mar 31 2022n/an/a

₹35b

Dec 31 2021n/an/a

₹32b

Sep 30 2021n/an/a

₹31b

Jun 30 2021n/an/a

₹29b

Mar 31 2021n/an/a

₹28b

Dec 31 2020n/an/a

₹24b

Sep 30 2020n/an/a

₹23b

Jun 30 2020n/an/a

₹20b

Mar 31 2020₹570mn/a

₹18b

Compensation vs Market: Jai's total compensation ($USD7.83M) is above average for companies of similar size in the Indian market ($USD606.07K).

Compensation vs Earnings: Jai's compensation has increased whilst the company is unprofitable.

CEO

Jai Rajnikant Shroff (59 yo)

17.8yrs

Tenure

₹666,600,800

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

NamePositionTenureCompensationOwnership
Jaidev Rajnikant Shroff
Chairman17.8yrs₹666.60m1.19%
₹ 4.5b
Vikram Shroff
Vice-Chairman & Co-CEO of UPL Group18.7yrs₹333.30m0.96%
₹ 3.6b
Raj Tiwari
CEO of UPL Speciality Chemicals Ltd & Whole-Time Director2.1yrs₹68.90mno data
Anand Vora
Chief Financial Officerno data₹60.00mno data
Toshan Tamhane
Global Chief Operating Officer2.8yrsno datano data
Rahul Jadhav
Senior General Manager of Accounts32.3yrsno datano data
Vicente Gongora
Chief Technology Officer2.9yrsno datano data
Sonalika Dhar
Head of Investor Relationsno datano datano data
Sandeep Deshmukh
Company Secretary & Compliance Officer5.1yrsno datano data
K. Srivastava
Chief Operating Officer of Specialty Chemicalsno datano datano data
Farokh Hilloo
Chief Commercial Officer of UPL Corporationno datano datano data
Rajendra Darak
Vice-Chairman of UPL Groupno data₹12.46mno data

4.0yrs

Average Tenure

59yo

Average Age

Experienced Management: UPL's management team is considered experienced (4 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Jaidev Rajnikant Shroff
Chairman32.2yrs₹666.60m1.19%
₹ 4.5b
Vikram Shroff
Vice-Chairman & Co-CEO of UPL Group18.7yrs₹333.30m0.96%
₹ 3.6b
Raj Tiwari
CEO of UPL Speciality Chemicals Ltd & Whole-Time Director2.1yrs₹68.90mno data
Rajnikant Shroff
Chairman Emeritus2yrs₹120.70m0.0020%
₹ 7.6m
Naina Lal Kidwai
Independent Director3.2yrs₹6.84mno data
Hardeep Singh
Lead Independent Director9.8yrs₹7.20m0.0070%
₹ 26.7m
Vasant Gandhi
Independent & Non-Executive Director9.1yrs₹7.44mno data
Carlos Alberto De Pellicer
Non-Independent2.1yrsno datano data
Usha Rao-Monari
Non-Executive & Independent Director1.3yrs₹480.00kno data
Suresh Kumar
Independent Director2.2yrs₹3.88mno data

2.7yrs

Average Tenure

67yo

Average Age

Experienced Board: UPL's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/24 02:26
End of Day Share Price 2024/12/24 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Himanshu BinaniAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Sageraj BariyaAngel Broking Private Limited