Mumbai: Leading manufacturers of agrochemicals and seeds UPL Limited are betting on new product launches and further diversification from the agricultural sector to maintain its recovery rate for fiscal 25 further recorded in the current fiscal year.
The company’s revenue grew 8% in FY25 after falling 20% ​​in FY24. It’s timed too ₹Due to unfavorable market conditions, the 138.3 billion loss in fiscal 24 was the first annual loss in nearly two decades.
At present, the company can also profit from tariff escalations imposed by the U.S., which will make it more favorable than Chinese companies, said Jai Shroff, chairman and group CEO of UPL Ltd.
“In the United States, we have a great opportunity. We are playing without tariffs anyway. With tariffs, we are getting more calls from our U.S. clients,” Shroff told the media at a post-graduation meeting on Monday. North America accounts for 13% of UPL’s fiscal 25 revenue, which is higher than the shadows gained by India. Latin America is its largest market, accounting for 38% of revenue.
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To be sure, over the weekend, the Trump administration reached an agreement with China to reduce tariffs on Chinese imports, from 145% to 90 days, during which the two countries will attempt to reach a trade deal. In return, China also lowered tariffs on U.S. imports to 10%.
Meanwhile, the United States imposes a 26% tariff on all Indian goods.
Focus on specialty chemicals
UPL said on Monday it had changed the name of its fully owned subsidiary, UPL Specialty Chemicals Ltd, to Superform Chemistries Ltd, to show its diversification into specialty chemicals outside agriculture. It will operate as a completely separate entity, Shroff said. The company records ₹FY25 and UPL expect the business to grow by more than 20% in FY26.
To reduce its production costs, UPL invested in backward integration and began producing many major chemicals, Shroff said. He said the company realized that these basic chemicals could now be used to produce specialty chemicals for areas outside agriculture, such as medicines, paints, polymers and perfumes.
“India has a lot of demand (for specialty chemicals), and we have a lot of inquiries. When we look at opportunities in superforms (we realize) we are limiting the growth of superimage. So we are creating a focused, focused team that runs the business,” Shroff said.
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The business will be led by Raj Tiwari as CEO. UPL will invest ₹It’s over 4 billion rupees per year.
OUTL plans to launch 25 new products in fiscal 26 with a cumulative revenue potential of US$130 million (approximately ₹UPL Corporation CEO Mike Frank said $11 billion). New products bring $92 million ( ₹7.8 million) total revenue of the company ₹466.4 million in fiscal year 25.
Management is over.
Shroff said the worst thing now is the UPL. “UPL did a very radical post in the last year. We cleared up high-cost inventory. Teams around the world also have a clear direction and we need to grow again during very difficult times,” he said.
The company reports profits ₹8.97 million in fiscal year 25, ₹Of this, 8.96 million were obtained in the fourth session quarter. Fourth quarter revenue increased 11% year-on-year ₹155.7 million.
Interest, Tax, Depreciation and Amortization (EBITDA) in the fourth quarter increased by 68% year-on-year ₹324 billion. EBITDA margin increased by 710 basis points to 20.8%.
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The company ended the year with net debt of $1.62 billion ( ₹138.6 million). Its net debt to Obita ratio increased to 1.7 from 4 at the end of fiscal 24.
Generally speaking, UPL is generally a business company and will continue to focus on any bargaining transactions it avoids, Shroff said.
UPL stock has risen nearly 35% since the beginning of the year, while benchmark Sensex has risen 5%. On Monday, the stock was ₹675.9 on BSE. It’s still below its 52-week high ₹698.85.
