OpenAg TM

An agriculture network that feeds sustainable growth for all.

No limits, no borders.

UPL Limited Annual Report 2019-20

Download report

OpenAccess

We are creating a network with our partners to be able to touch and transform farming practices across our wide geographic reach.

Learn more

OpenInnovation

We are driving collaborative innovation to continuously and swiftly map and resolve customers’ future needs, leading to significant gains.

Learn more

OpenCollaboration

We are connecting and collaborating in new ways, to resolve challenges and to create new opportunities together.

Learn more

OpenHearts

We are inviting all stakeholders to join us in our efforts to drive positive change in the lives of farmers and the communities around us.

Learn more

OpenMarkets

We are solving farmer’s problems with sustainable offerings spanning from seed to post-harvest and services.

Learn more

OpenIntelligence

We provide comprehensive solutions after deep understanding of the farmer’s and customer’s aspirations and daily challenges.

Learn more

Offerings

Innovation continues unabated

Learn more

Products

SEEDS

Through our group company Advanta, we are providing farmers with innovative high-quality seeds and with local expertise...

CROP PROTECTION

Being among the leading global producers and exporters of crop protection products, we are committed to upgrading...

SOLUTIONS

ProNutiva®

ProNutiva® is leading the way, with the integration of naturally derived crop production tools and conventional crop protection...

UPL Factsheet

Rich legacy, robust leadership

5th

Largest crop protection company globally

80%+

Revenue
from branded products

138 +

Countries with
sales presence

Learn more

Performance
in FY2020

Financial

In a challenging operating scenario, we have delivered on our commitments with strong financials, driven by a rich innovation spectrum in our product portfolio and growing prominence in
bio-solutions.

Revenue* 13%^

`35,756 cr

EBITDA* 18 %^

`7,452 cr

Profit after tax** 38%^

`2,801 cr

Earnings per share** 19%^

23.24

Cost synergies

`773 cr

Debt reduction

`4,400 cr

Environmental

We continue to push the edge of our ‘sustainability envelope’ by closely monitoring and improving upon our environmental performance through faster adoption of green energy; and lowering our emission levels significantly.

17%

Power emanates from renewable sources in our largest two manufacturing plants

60%

Of our plants achieved zero liquid discharge

Social

We broad-based our societal impact by supporting communities in the vicinity of our operations and gradually expanding our arc of need-based interventions.

3.54%#

Of net profit spend on CSR activities

6.7 lakh

Lives impacted through CSR interventions

Learn more

*Considers Arysta numbers for full year FY2019 and before adjustment for purchase price allocation

**Considers Arysta numbers for two months for FY2019 (acquisition in Feb 2019) and after adjustment for purchase
price allocation

#Percentage based on CSR spent in India as a percentage of UPL Limited standalone profits

Key Performance Indicators

Encouraging financial outcomes

Revenues* (` in crore)

`35,756 cr ^20% (CAGR)

  • FY2016
  • FY2017
  • FY2018
  • FY2019
  • FY2020

EBITDA* (` in crore)

`7,452 cr ^22% (CAGR)

  • FY2016
  • FY2017
  • FY2018
  • FY2019
  • FY2020

EBITDA Margin* (%)

20.8% ^80 bps y-o-y

  • FY2016
  • FY2017
  • FY2018
  • FY2019
  • FY2020

*Considers Arysta numbers for full year FY2019 and before adjustment for purchase price allocation

**Considers Arysta numbers for two months for FY2019 (acquisition in Feb 2019) and after adjustment for purchase price allocation

@ Profit before exceptional items and minority interest

Chairman’s
Perspective

Addressing global food challenges

R.D. Shroff

Chairman and Managing Director

Learn more

Global CEO’s
Message

Putting purpose at our strategy pivot

Jai Shroff

Global Chief Executive Officer

Learn more

Global COO’s
Review

Sustainable science. For a better tomorrow.

Diego Lopez Casanello

Global Chief Operating Officer

Learn more

Strategic Framework

Working on our priorities

Strategic Pillar

Customer Centricity

Focus on right customers to gain strategic advantage by building solutions (products and services) around the needs of those specific individuals or segments.

Learn more

Strategic Framework

Working on our priorities

Strategic Pillar

Human Assets

People have always been our most important resource. They must be aligned to the purpose, in accordance with the values and provide an environment of industry-leading growth.

Learn more

Strategic Framework

Working on our priorities

Strategic Pillar

Smart Business R&D

Focus on grower’s needs to create solutions, integrating current and future technologies, beyond molecules. Through regulatory and strategic alliances, anticipate future needs and make these technologies available in the market, in an agile way.

Learn more

Strategic Framework

Working on our priorities

Strategic Pillar

Operational & Manufacturing Excellence

Be best-in-class in supply, manufacturing, logistics and processes to deliver value to customers.

Learn more

Strategic Framework

Working on our priorities

Strategic Pillar

Technology Partnership and M&A

Nurture a connected network of partners to enable gamechanging alliances and Mergers and Acquisitions (M&A) feeding sustainable growth with no limits, no borders.

Learn more

Strategic Framework

Working on our priorities

Strategic Pillar

Prudent Financial Management

Propelling new levels of sustainable growth for farmers, producers, customers, partners and employees through revenue and profit growth and higher returns on investment.

Learn more

ESG Reportcard

Enlarging our
sustainability footprint

Sustainability score

Water Management

Wastewater Management

Climate
Change

Community Responsibility

Renewable
Energy

Board Gender Diversity