UPL Limited FY26 Revenue Growth 11% Beats Guidance

UPL Limited reported FY26 revenue of ₹51,839 crore, an 11% YoY increase, beating its guidance with volume-led growth across key markets.
EBITDA grew 18% to ₹9,588 crore with margins expanding 110 bps to 18.5%, while operational PATMI more than doubled to ₹1,860 crore.
The company strengthened its balance sheet, reducing net debt by $405 million and achieving a net debt/EBITDA ratio below 1.6x, beating guidance.
Management provided FY27 guidance for 10-14% revenue growth and 14-18% EBITDA growth, focusing on accelerating profitable growth.