Usha Martin Ltd (USHAMART)
₹500.30
Mkt cap
₹15,668 Cr
P/E ratio
28.80
P/B
4.63
Div yield
0.73%
ROE
15.10%
ROCE
19.50%
EPS (TTM)
₹17.37
Book value
₹108
52W range
376–520
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
Cautious
ValuationExpensive
ProfitabilityStrong
GrowthLow
TechnicalsNeutral
52-week range
−3.83% from high₹500
₹376+33.06% from low₹520
Current
₹500.30
Prev close
₹512.00
Day
−2.29%
Price performance
1D
−2.29%
1W
+0.27%
1M
−2.86%
3M
+0.86%
6M
+20.87%
1Y
+28.78%
YTD
+10.86%
Financials
Revenue, profit & margin
P/E ratio
28.8×
USHAMART is 32% above the sector median of 21.9×
USHAMART28.8×
Sector median21.9×
| 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% | — |
| 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 Jun 202640.28%Promoter
Promoters40.28%0.24
FIIs15.10%0.33
DIIs15.26%0.45
Public29.24%0.56
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 |
|---|---|---|---|---|---|---|---|---|---|
| WELCORP | ₹2,590.60 | 29.59 | 68,338 | 0.19% | 1,048 | +198.64% | 4,081 | +14.91% | 22.89% |
| APLAPOLLO | ₹2,250.00 | 50.83 | 62,473 | 0.38% | 263 | +10.94% | 5,607 | +8.45% | 31.75% |
| SHYAMMETL | ₹1,065.30 | 26.48 | 29,736 | 0.42% | 351 | +18.11% | 5,455 | +23.45% | 13.01% |
| JINDALSAW | ₹305.30 | 29.88 | 19,524 | 0.66% | 91 | −75.43% | 4,452 | +9.00% | 10.43% |
| RATNAMANI | ₹2,727.00 | 43.56 | 19,114 | 0.37% | 107 | −37.67% | 972 | −15.63% | 17.91% |
| GPIL | ₹240.67 | 19.77 | 16,203 | 0.42% | 222 | +2.68% | 1,750 | +32.29% | 20.53% |
| USHAMART | ₹514.15 | 28.75 | 15,668 | 0.73% | 142 | +40.67% | 1,033 | +16.44% | 19.47% |
| Median: 86 Co. | ₹161.26 | 21.86 | 1,109 | 0.00% | 15 | +30.45% | 223 | +16.27% | 12.98% |
Filings
Annual reports15
Annual Report 2026bseAnnual Report 2025bseAnnual Report 2024bseAnnual Report 2023bseAnnual Report 2022bseAnnual Report 2021bseAnnual Report 2020bseAnnual Report 2019bseAnnual Report 2018bseAnnual Report 2017bseAnnual Report 2016bseAnnual Report 2015bseAnnual Report 2014bseAnnual Report 2013bseAnnual Report 2012bse
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
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 3 Sep - Usha Martin schedules an in-person analyst and institutional investor group meeting in Ranchi on 8 September 2026.Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015 - ESG Rating & Core ESG Rating 21 Aug - Crisil assigned Usha Martin ESG 54 and Core ESG 58 for FY2025-26.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 20 AugShareholder Meeting / Postal Ballot-Outcome of AGM 20 AugAnnouncement under Regulation 30 (LODR)-Earnings Call Transcript 3 Aug - The Transcript of the Earnings Conference Call Q1 FY27 held on 28th July 2026 at 10:30 AM (IST).