Formerly | United Phosphorus Limited (1969–2013) |
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Company type | Public |
ISIN | INE628A01036 |
Industry | |
Founded | 29 May 1969 |
Founder | Rajnikant Shroff |
Headquarters | UPL House, 610 B/2, Bandra Village,
Bandra (East), , India
[1] |
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] | |
Total assets | ₹82,679 crore (US$9.9 billion) (2022) |
Total equity | ₹24,661 crore (US$3.0 billion) [5] (2022) |
Owners |
|
Number of employees | 10,000+ [5] (FY21) |
Website |
www |
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]