UPL Limited
Formerly
United Phosphorus Limited (1969–2013)
Company type
INE628A01036
Industry
Founded
29 May 1969; 55 years ago (1969-05-29)
Founder
Headquarters
Area served
Worldwide
Key people
Products
Revenue
₹53,576 crore (US$6.4 billion) (FY23)[3]
₹11,178 crore (US$1.3 billion) (FY23)[4]
₹3,569 crore (US$430 million) (FY23)[3]
₹82,679 crore (US$9.9 billion) (2022)
₹24,661 crore (US$3.0 billion)[5] (2022)
Owners
Number of employees
10,000+[5] (FY21)
Website
UPL Limited, formerly United Phosphorus Limited, is an Indian multinational company that manufactures and markets agrochemicals, industrial chemicals, chemical intermediates, and specialty chemicals, and also offers pesticides.[6] Headquartered in Mumbai, the company is engaged in both agro and non-agro activities. The agro-business is the company's primary source of revenue and includes the manufacture and marketing of conventional agrochemical products, seeds, and other agriculture-related products. The non-agro segment includes manufacturing and marketing industrial chemicals and other non-agricultural products such as fungicides, herbicides, insecticides, plant growth regulators, rodenticides, industrial & specialty chemicals, and nutrifeeds. UPL products are sold in 150+ countries.[7][8]
United Phosphorus Limited was established on 29 May 1969.[8] The company changed its name to UPL Limited in October 2013.[9]
On 20 July 2018, UPL signed a US$4.2 billion agreement with Platform Specialty Products Corporation (now Element Solutions Inc.) to acquire control of Arysta LifeScience Inc. The acquisition was completed in February 2019,[10][11] making UPL the fifth largest generic agrochemicals company in the world after Bayer, Corteva, Syngenta and BASF.[12][13]
NIFTY
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