UPL Limited (formerly known as United Phosphorus Limited) is an Indian multinational agrochemical company that was founded in 1969. The company provides crop protection and plant health solutions to farmers globally, offering products such as pesticides, herbicides, fungicides and seeds. Over the years, UPL has expanded its presence globally and has acquired several companies, such as Arysta LifeScience and Netafim.
As of 2021, the company reported a revenue of INR 314.3 billion (approximately USD 4.3 billion), with a net profit of INR 20.2 billion (approximately USD 276 million). The company's major revenue contributors are herbicides and insecticides, followed by fungicides and seed treatments.
The major growth drivers for UPL in the future include increasing demand for food and the need for sustainable agriculture practices, as well as expansion in new geographies. The agrochemical industry is highly competitive, with players such as Bayer, Syngenta, Dow Chemical, and Monsanto being some of the major direct competitors of UPL.