UPL
UPL Q1 FY27 earnings call: Revenue & Margins
Q1 FY27 earnings call: what management said on revenue, margins and capex.
Guidance rank: #18 of 23 in Fertilizers & Agrochemicals
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What the Q1 FY27 call signalled
2 of 5 strong
The short version
UPL expects full-year revenue growth of 7% to 11% for FY27. UPL expects full-year revenue growth of 7% to 11% and EBITDA growth of 10% to 14% for FY27.
From UPL's Q1 FY27 earnings-call transcript · updated 23 Sept 2026.
Revenue & Sales Performance
- UPL expects full-year revenue growth of 7% to 11% for FY27.
- Volume growth is anticipated especially in the seeds and super specialty businesses, with super specialty showing sustained multi-year growth.
- Global Crop Protection (CP) volume growth is expected to improve during the year, supported by market share gains and cautious channel inventory management.
- India CP business expects strong performance due to hyperscale brands, innovation, and improved product mix.
- Latam volumes are expected to be strong from Q2 onwards, particularly in Brazil with the upcoming planting season.
- Pricing is proactive with increases incorporated to offset cost inflation, with no expected price decline.
2 more points from UPL's call on revenue
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Profitability & Margins
See what UPL said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- In Q1 FY27, UPL made capital investments amounting to ₹669 crores, primarily related to their associate Sinova in Brazil (Page 15).
- The company has planned additional capex and strategic investments, which contributed to net debt being flat year-on-year in U.S. dollar terms despite debt reduction (Page 5).
- UPL also mentioned investment in specialty platforms that support growth in super specialty and ag segments (Page 14).
- Overall, UPL emphasizes disciplined capital management and sustaining investments aligned with long-term value creation (Pages 5 & 8).
Top-ranked in Fertilizers & Agrochemicals
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what UPL said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- For the upcoming planting season in Brazil, the channel is starting to load, finalizing harvest of the second corn season, with planting beginning in September-October for the new soybean crop.
- The company is well-positioned with a strong order book.
- Customers have been cautious in loading inventory, buying just in time due to geopolitical conflicts and pricing uncertainties.
- The order book and channel positioning give UPL confidence for strong volume growth in Q2, Q3, and Q4.
2 more points from UPL's call on order book
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UPL — Quarterly revenue & net profit
Q1 FY27 figures are not in this chart yet. Latest shown: Mar 2026 (Q4 FY26). The Q1 FY27 numbers from the filing are in the analysis on this page.
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹18.3K Cr, net profit ₹1.3K Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What UPL Ltd's management said in earlier quarters
Others in Fertilizers & Agrochemicals this season
- Rama Phosphates Ltd (Q1 FY27)
Q1 FY27 Revenue from Operations: ₹22,480 Lacs, up 18% YoY from ₹19,031 Lacs in Q1 FY26. Key investor presentation takeaways from Rama Phosphates's Q1 FY27 inves
- Advance Agrolife Ltd (Q1 FY27)
Q1 FY27 revenue from operations: ₹3,304 million, a 96% year-on-year (YoY) increase (Page 23, 25, 22). Key concall takeaways from Advance Agrolife Ltd's Q1 FY27…
- Bhagiradha Chemicals & Industries Ltd (Q1 FY27)
195.0 crore . Key concall takeaways from Bhagiradha Chemicals & Industries Ltd's Q1 FY27 earnings call — and how it ranks against sector peers.
- Sumitomo Chemical India Ltd (Q1 FY27)
1,063.3 crore, a 1% year-on-year (YoY) increase from Rs. Key concall takeaways from Sumitomo Chemical India Ltd's Q1 FY27 earnings call — and how it ranks…
Potential multibaggers · Q2 FY27
Potential multibaggers in Fertilizers & Agrochemicals
on management's own guidance
- Dharmaj CropGood growth2
- Anya Polytech &Good growth1
- M B Agro Prod.Good growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were UPL Q1 FY27 results?
UPL expects full-year revenue growth of 7% to 11% for FY27. UPL expects full-year revenue growth of 7% to 11% and EBITDA growth of 10% to 14% for FY27.
What is UPL share price analysis?
UPL currently shows a neutral. The stock trades at a P/E of 24.8 with a market cap of ₹48,946 Cr. Investors should review the full earnings analysis for detailed insights.
Is UPL planning capital expenditure?
In Q1 FY27, UPL made capital investments amounting to ₹669 crores, primarily related to their associate Sinova in Brazil (Page 15). - The company has planned additional capex and strategic investments, which contributed to net debt being flat year-on-year in U.S.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.