Usha Martin Ltd (USHAMART)
₹445.90
Mkt cap
₹13,588 Cr
P/E ratio
24.90
P/B
4.13
Div yield
0.84%
ROE
15.10%
ROCE
19.50%
EPS (TTM)
₹17.91
Book value
₹108
52W range
380–543
Sector
Industrials
Price history
Previous close
Usha Martin Ltd is primarily engaged in manufacture and sale of steel wires, strands, wire ropes, cords, related accessories, etc. It is also involved in sale of other products such as wire drawing and allied machines. [1]
NSE USHAMARTBSE 517146
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthLow
TechnicalsNeutral
52-week range
−17.82% from high₹446
₹380+17.34% from low₹543
Current
₹445.90
Prev close
₹461.90
Day
−3.46%
Price performance
1D
−3.44%
1W
−3.05%
1M
−10.60%
3M
−11.23%
6M
−3.42%
1Y
−2.65%
YTD
−1.20%
Financials
Revenue, profit & margin
P/E ratio
24.9×
USHAMART is 19% above the sector median of 20.9×
USHAMART24.9×
Sector median20.9×
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 814 | 785 | 797 | 829 | 826 | 891 | 861 | 896 | 887 | 908 | 917 | 979 | 1,033 | |
| Expenses | 669 | 640 | 640 | 678 | 672 | 730 | 718 | 757 | 743 | 735 | 741 | 768 | 825 | |
| Operating Profit | 146 | 144 | 157 | 152 | 154 | 161 | 143 | 140 | 145 | 173 | 176 | 212 | 208 | |
| OPM % | 18% | 18% | 20% | 18% | 19% | 18% | 17% | 16% | 16% | 19% | 19% | 22% | 20% | |
| Other Income | 7 | 25 | 8 | 14 | 9 | 11 | 9 | 28 | 20 | 10 | -5 | 21 | 14 | |
| Interest | 6 | 6 | 6 | 7 | 7 | 8 | 9 | 7 | 6 | 5 | 5 | 4 | 4 | |
| Depreciation | 18 | 18 | 19 | 23 | 22 | 23 | 26 | 28 | 29 | 28 | 29 | 31 | 34 | |
| Profit before tax | 129 | 144 | 140 | 136 | 135 | 141 | 118 | 133 | 130 | 150 | 138 | 197 | 184 | |
| Tax % | 22% | 24% | 23% | 22% | 23% | 23% | 22% | 24% | 22% | 27% | 22% | 25% | 23% | |
| Net Profit | 101 | 110 | 108 | 106 | 104 | 109 | 92 | 101 | 101 | 110 | 108 | 148 | 142 | |
| EPS in Rs | 3.31 | 3.59 | 3.53 | 3.49 | 3.42 | 3.60 | 3.04 | 3.31 | 3.31 | 3.60 | 3.53 | 4.85 | 4.66 | |
| Raw PDF |
Earnings
Results dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move −0.65% · closed higher next day 25 of last 58
| Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | Q1FY27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 3 Nov '23◦ | 6 Feb '24◦ | 26 Apr '24◦ | 12 Aug '24◦ | 7 Nov '24 | 29 Jan '25◦ | 12 May '25◦ | 12 Aug '25◦ | 8 Nov '25◦ | 29 Jan '26◦ | 30 Apr '26 | 27 Jul '26◦ |
| Earnings day | +2.95% | −1.29% | −2.96% | −1.79% | −0.89% | +2.79% | −0.68% | −0.73% | +1.87% | +0.18% | −2.17% | +2.03% |
| +1 day | +7.91% | +1.01% | +2.32% | −0.13% | −5.51% | +0.28% | +0.39% | +1.13% | −0.62% | −2.74% | +0.44% | +1.84% |
| +5 days | +13.08% | −6.89% | −1.80% | −1.13% | −9.43% | −2.98% | +7.62% | +5.13% | −4.77% | +2.04% | +2.39% | +0.30% |
| +15 days | +11.66% | −8.76% | −6.92% | +1.55% | −9.53% | −14.86% | +0.60% | +9.07% | −10.50% | −1.49% | +0.84% | −0.66% |
| +30 days | +6.44% | −14.97% | +0.94% | +6.21% | −11.31% | −10.25% | +6.96% | +28.18% | −4.34% | −2.75% | +7.18% | −0.45% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
Last 6 monthsNo recent corporate actions
Dividends, splits, and bonuses in the last six months show up here.
Shareholding
as of Sep 202640.09%Promoter
Promoters40.09%0.19
FIIs15.34%0.24
DIIs17.34%2.08
Public27.12%2.12
Ownership trend
Peers
7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Welspun Corp | ₹2,341.60 | 26.08 | 61,769 | 0.21% | 495 | +13.39% | 4,644 | +6.18% | 22.89% |
| APL Apollo Tubes | ₹2,165.10 | 45.89 | 60,116 | 0.39% | 382 | +26.82% | 7,002 | +26.58% | 31.75% |
| Shyam Metalics | ₹1,162.90 | 28.90 | 32,460 | 0.39% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| Ratnamani Metals | ₹2,319.30 | 37.05 | 16,256 | 0.43% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| Jindal Saw | ₹228.05 | 26.58 | 14,584 | 0.88% | 35 | −69.03% | 4,472 | +5.63% | 10.43% |
| Usha Martin | ₹445.90 | 24.93 | 13,588 | 0.84% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Gallantt Ispat L | ₹558.05 | 33.05 | 13,465 | 0.36% | 61 | −31.96% | 1,146 | +13.15% | 18.16% |
| Median: 89 Co. | ₹162.40 | 20.86 | 950 | 0.00% | 17 | +28.15% | 232 | +17.12% | 13.62% |
Filings
Annual reports15
Concall transcripts49
TranscriptAug 2026PPTAug 2026RECAug 2026TranscriptMay 2026PPTMay 2026RECMay 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025PPTNov 2025TranscriptAug 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptFeb 2025PPTFeb 2025RECFeb 2025TranscriptNov 2024PPTNov 2024RECNov 2024TranscriptAug 2024
Credit ratings6
Announcements5
Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - ESG Rating 15 Oct - Usha Martin receives voluntary ESG rating 63, up from 60, for FY2025-26.Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 14 Oct - The certificates received from KFin Technologies Limited, RTA of the Company, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) ....Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Oct - Newspaper Publication regarding "Special Window for Transfer and Dematerialization of Physical Securities".Closure of Trading Window 28 SepDisclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 ('Listing Regulations') - Execution Of Business Transfer Agreement For Sale Of Business Undertaking Of U M Cables Limited
('Wholly Owned Subsidiary') 25 Sep - Usha Martin executed BTA on 25 Sep 2026 to sell U M Cables business to R R Kabel via slump sale.