UPL vs Dhanuka Agritech: Share Price, PE and ROE Compared
- August 13, 2026
- Posted by: Kunal Singla
- Category: Market
UPL MCap Rs 48,103 Cr, PE 20.70x, ROE 5.54%, Div 1.05%. Dhanuka Agritech MCap Rs 4,633 Cr, PE 17.28x, ROE 17.08%, near-zero debt.
Quick Answer
UPL is a global crop protection giant at Rs 48,103 Cr; Dhanuka is a focused domestic player at Rs 4,633 Cr. Despite being 10 times smaller, Dhanuka’s ROE of 17.08% and near-zero debt look healthier than UPL’s ROE of 5.54% with moderate debt. This is a global scale versus domestic quality comparison.
The UPL vs Dhanuka Agritech question comes up often among investors who follow the Crop protection space in India. UPL MCap Rs 48,103 Cr, PE 20. 70x, ROE 5. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating UPL vs Dhanuka Agritech as a research exercise.
All data cited here is sourced from publicly available company filings. Note: Size gap: approximately 10x. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.
UPL vs Dhanuka Agritech: Company Overview and Market Presence
UPL operates in the Crop protection segment and is listed on Indian exchanges. UPL MCap Rs 48,103 Cr, PE 20 The company has built its market position over the years through its core offerings to customers across India.
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Dhanuka Agritech is the other side of this UPL vs Dhanuka Agritech comparison. 70x, ROE 5 It competes in the same Crop protection space, though its scale and strategy may differ significantly from UPL’s approach.
When investors look at the UPL vs Dhanuka Agritech pair, market capitalisation is usually the first filter. UPL MCap Rs 48,103 Cr, PE 20. 70x, ROE 5. The size difference, if any, tells you something about liquidity and institutional ownership patterns.
UPL vs Dhanuka Agritech: Business Mix and Revenue Sources
To understand the UPL vs Dhanuka Agritech comparison fully, you need to look at how each company makes money. UPL’s revenue comes from its core Crop protection operations. UPL earns from the Crop protection segment.
Dhanuka Agritech similarly derives its earnings from the Crop protection space. Dhanuka Agritech operates in the Crop protection space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.
UPL vs Dhanuka Agritech: Financial Results and Key Ratios
This is where the UPL vs Dhanuka Agritech comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.
UPL MCap Rs 48,103 Cr, PE 20 The profitability and efficiency ratios here reflect the latest available data from public filings.
70x, ROE 5 Investors should note that Size gap: approximately 10x.
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UPL vs Dhanuka Agritech: Valuation and What the Market Is Pricing In
Valuation is a core part of any UPL vs Dhanuka Agritech analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.
UPL MCap Rs 48,103 Cr, PE 20.70x, ROE 5.54%, Div 1.05%. Dhanuka Agritech MCap Rs 4,633 Cr, PE 17.28x, ROE 17.08%, near-zero debt. The UPL vs Dhanuka Agritech stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.
Dividend yield is another data point worth checking in the UPL vs Dhanuka Agritech pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.
UPL vs Dhanuka Agritech: Side-by-Side Comparison
The table below captures the most relevant metrics side by side for the UPL vs Dhanuka Agritech comparison.
| Parameter | UPL | Dhanuka Agritech |
|---|---|---|
| MCap | Rs 48,103 Cr | Rs 4,633 Cr |
| PE | 20.70x | 17.28x |
| ROE | 5.54% | 17.08% |
| D/E | 0.68 | Near zero |
| Div | 1.05% | 0.19% |
What Should Investors Know About the UPL vs Dhanuka Agritech Choice
Every UPL vs Dhanuka Agritech research exercise should go beyond just looking at the current share price. The sector outlook for Crop protection companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.
For the UPL vs Dhanuka Agritech pair specifically: UPL MCap Rs 48,103 Cr, PE 20. 70x, ROE 5. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.
If you are building a portfolio allocation decision around the UPL vs Dhanuka Agritech comparison, consider the risk profile of your overall portfolio first. Both companies operate in Crop protection, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.
Conclusion
The UPL vs Dhanuka Agritech comparison comes down to this: UPL and Dhanuka Agritech are both listed Indian companies in the Crop protection space, but they differ in scale, valuation, and financial profile. UPL MCap Rs 48,103 Cr, PE 20. 70x, ROE 5.
UPL MCap Rs 48,103 Cr, PE 20.70x, ROE 5.54%, Div 1.05%. Dhanuka Agritech MCap Rs 4,633 Cr, PE 17.28x, ROE 17.08%, near-zero debt. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).
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Disclaimer: Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).
Frequently Asked Questions
What does UPL do?
Ans. UPL is a listed Indian company in the Crop protection segment. For the latest business updates, visit univest.in.
What does Dhanuka Agritech do?
Ans. Dhanuka Agritech is a listed Indian company in the Crop protection segment. For the latest business updates, visit univest.in.
Which is larger in the UPL vs Dhanuka Agritech comparison?
Ans. Based on current market cap data: UPL MCap Rs 48,103 Cr, PE 20. Verify the latest figures on NSE or BSE.
How do PE ratios compare in UPL vs Dhanuka Agritech?
Ans. The PE ratio comparison is covered in the data table above. Verify current figures from NSE or BSE before investing.
What is the ROE of UPL?
Ans. The ROE of UPL is mentioned in the data table above. Verify from the latest quarterly filings.
Does Dhanuka Agritech pay dividends?
Ans. Dividend yield information for Dhanuka Agritech is included in the comparison above. Verify from NSE or BSE.
How should I evaluate Crop protection stocks?
Ans. For Crop protection stocks, review earnings quality, ROE trends, debt levels and sector outlook. Consult a SEBI-registered advisor (INH000013776) before investing.
