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Usha Martin Ltd

USHAMART Share Price

433.900.52% (-2.25)
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Iron & Steel

With a market cap of ₹13,283 cr, stock is ranked 467

Stock is 3.06x as volatile as Nifty

USHAMART Stock Scorecard

Performance

High

The creamy layer - amongst the top performing stocks

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Good

The stock is underpriced and is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Iron & Steel

With a market cap of ₹13,283 cr, stock is ranked 467

Stock is 3.06x as volatile as Nifty

USHAMART Performance & Key Metrics

USHAMART Performance & Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
32.864.830.69%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
27.823.181.63%

USHAMART Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price Upside

Earnings Growth

Rev. Growth

See Detailed Forecast

USHAMART Company Profile

Usha Martin Limited is engaged in the manufacturing of specialty steel and steel products.

Investor Presentation

View older View older 

Nov 27, 2025

PDF
View Older Presentations

USHAMART Similar Stocks (Peers)

Compare with peers Compare with peers 

USHAMART Similar Stocks (Peers)

Compare with peers Compare with peers 
PE Ratio
80.21
80.21
1Y Return
15.66%
15.66%
Buy Reco %
57.14
57.14
PE Ratio
60.86
60.86
1Y Return
14.34%
14.34%
Buy Reco %
58.06
58.06
PE Ratio
36.39
36.39
1Y Return
7.51%
7.51%
Buy Reco %
72.00
72.00
PE Ratio
70.83
70.83
1Y Return
1.19%
1.19%
Buy Reco %
38.10
38.10
PE Ratio
24.59
24.59
1Y Return
1.89%
1.89%
Buy Reco %
84.62
84.62
Compare with Peers

USHAMART Sentiment Analysis

USHAMART Sentiment Analysis

New
Crisp summary & key insights to decode earnings calls instantly

USHAMART Stock Summary · November 2025

In Q2 FY26, the company reported consolidated revenues of INR 908 crore, driven by a 14.2% growth in the Wires segment, despite facing challenges in the LRPC division, which saw a 26% revenue decline. Operationally, volume performance lagged due to a strategic shift towards high-performance ropes and delays in new machinery, yet management remains optimistic about a recovery in the second half, bolstered by a healthy order book and ongoing capacity expansions. The company’s strong balance sheet, highlighted by a net cash position of INR 111 crore and a high EBITDA margin of 19.1%, supports its long-term growth strategy, including investments in value-added products and international market expansion. As infrastructure development opportunities arise, particularly in India, the company is well-positioned to capitalize on these trends while maintaining competitiveness in both domestic and international markets.

USHAMART Stock Growth Drivers
USHAMART Stock Growth Drivers
7
  • Strong Financial Performance

    Usha Martin Ltd. reported a consolidated net revenue of INR 908 crore in Q2 FY26,

  • Debt Reduction and Cash Flow Management

    The company strengthened its balance sheet by repaying INR 157 crore of debt, fully funded

USHAMART Stock Challenges
USHAMART Stock Challenges
5
  • Decline in Revenue Performance

    The LRPC division reported a significant 26% year-on-year decline in revenues, indicating a tangible setback

  • Challenges in Market Demand

    The company faced subdued domestic market demand for rope, which was weaker than last year's

USHAMART Forecast

USHAMART Forecasts

Price

Revenue

Earnings

USHAMART

USHAMART

Income

Balance Sheet

Cash Flow

USHAMART Income Statement

USHAMART Income Statement

Industry refers to the sub-sector this company belongs to.
Lower than Industry Revenue Growth
A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of 5.59%, vs industry avg of 12.11%

Decreasing Market Share
Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 0.57% to 0.46%

Lower than Industry Net Income
Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -0.55%, vs industry avg of 24.27%

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Financial YearFY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024FY 2025TTM
Total Revenue4,001.852,142.512,509.282,690.392,126.222,762.893,307.563,277.933,531.363,635.92
Raw Materialssubtract1,792.201,288.701,593.251,157.571,161.131,544.731,819.311,651.601,822.802,969.31
Power & Fuel Costsubtract488.73111.57130.81119.51100.02125.80163.96147.18158.77
Employee Costsubtract371.12248.80278.91306.06298.01330.23372.83427.63474.33
Selling & Administrative Expensessubtract264.44109.95125.21133.89127.63193.73211.50196.33251.45
Operating & Other expensessubtract576.03494.43387.71205.18131.31109.91186.83203.90169.75
Depreciation/Amortizationsubtract299.9860.2660.8663.6267.8769.7567.4877.0097.86109.68
Interest & Other Itemssubtract564.2492.48113.5374.1856.9042.4630.2724.7829.5526.55
Taxes & Other Itemssubtract4.027.55-228.98211.5433.7655.01105.24125.55119.46126.18
EPS-11.76-8.881.5713.714.909.5411.4613.8813.3413.23
DPS0.000.000.000.000.002.002.502.753.003.00
Payout ratio0.000.000.000.000.000.210.220.200.220.23

USHAMART Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2026FY 2026

Annual Report Pending

Investor Presentation

Nov 27PDF
Nov 8PDF
Aug 12PDF
FY 2025FY 2025

Annual report

PDF

Investor Presentation

May 12PDF
Jan 29PDF
Nov 6PDF
FY 2024FY 2024

Annual report

PDF

Investor Presentation

Aug 5PDF
FY 2023FY 2023

Annual report

PDF

Investor Presentation

May 2PDF
Apr 27PDF
Feb 14PDF
FY 2022FY 2022

Annual report

PDF
FY 2021FY 2021

Annual report

PDF
FY 2020FY 2020

Annual report

PDF
FY 2019FY 2019

Annual report

PDF
FY 2018FY 2018

Annual report

PDF
FY 2017FY 2017

Annual report

PDF
FY 2016FY 2016

Annual report

PDF
 

USHAMART Stock Peers

USHAMART Past Performance & Peer Comparison

USHAMART Past Performance & Peer Comparison

Comparing 3 stocks from 
MaterialsIron & Steel

Loading...

StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Usha Martin Ltd32.614.830.69%
JSW Steel Ltd80.213.440.30%
Tata Steel Ltd60.862.282.16%
Jindal Steel Ltd36.392.160.20%

USHAMART Stock Price Comparison

Compare USHAMART with any stock or ETF
Compare USHAMART with any stock or ETF
USHAMART
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USHAMART Holdings

USHAMART Shareholdings

USHAMART Promoter Holdings Trend

USHAMART Promoter Holdings Trend

Decreased Total Promoter Holding
Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 1.47%

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

USHAMART Institutional Holdings Trend

USHAMART Institutional Holdings Trend

Total Retail Holding
Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has almost stayed constant

Foreign Institutional Holding
Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

USHAMART Shareholding Pattern

USHAMART Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding41.76%10.90%1.39%14.15%31.81%

Dec 2024

Mar 2025

Jun 2025

Sep 2025

USHAMART Shareholding History

USHAMART Shareholding History

JunSepDec '24MarJunSep13.97%14.39%14.29%14.04%14.29%14.15%

Mutual Funds Invested in USHAMART

Mutual Funds Invested in USHAMART

No mutual funds holding trends are available

Top 5 Mutual Funds holding Usha Martin Ltd




Funds (Top 5)Market-cap heldWeight3M holding changePortfolio rank
(3M change)
3.8378%4.32%0.89%36/69 (-1)
3.7502%1.63%0.44%12/118 (+7)
1.0982%4.57%0.54%8/61 (0)

Compare 3-month MF holding change on Screener

USHAMART Insider Trades & Bulk Stock Deals

USHAMART Insider Trades & Bulk Stock Deals

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smallcases containing USHAMART stock

smallcases containing USHAMART stock

Looks like this stock is not in any smallcase yet.

USHAMART Events

USHAMART Events

USHAMART Dividend Trend

No dividend trend available

Dividends

Corp. Actions

Announcements

Legal Orders

USHAMART Dividend Trend

No dividend trend available

USHAMART Upcoming Dividends

USHAMART Upcoming Dividends

No upcoming dividends are available

USHAMART Past Dividends

USHAMART Past Dividends

Cash Dividend

Ex DateEx DateJul 31, 2025

Final
Final | Div/Share: ₹3.00

Dividend/Share

3.00

Ex DateEx Date

Jul 31, 2025

Cash Dividend

Ex DateEx DateAug 6, 2024

Final
Final | Div/Share: ₹2.75

Dividend/Share

2.75

Ex DateEx Date

Aug 6, 2024

Cash Dividend

Ex DateEx DateAug 3, 2023

Final
Final | Div/Share: ₹2.50

Dividend/Share

2.50

Ex DateEx Date

Aug 3, 2023

Cash Dividend

Ex DateEx DateJul 20, 2022

Final
Final | Div/Share: ₹2.00

Dividend/Share

2.00

Ex DateEx Date

Jul 20, 2022

Cash Dividend

Ex DateEx DateJul 18, 2013

Final
Final | Div/Share: ₹0.15

Dividend/Share

0.15

Ex DateEx Date

Jul 18, 2013

USHAMART Stock News & Opinions

USHAMART Stock News & Opinions

Earnings
Usha Martin consolidated net profit declines 0.01% in the September 2025 quarter

Net profit of Usha Martin declined 0.01% to Rs 109.71 crore in the quarter ended September 2025 as against Rs 109.72 crore during the previous quarter ended September 2024. Sales rose 1.84% to Rs 907.56 crore in the quarter ended September 2025 as against Rs 891.17 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales907.56891.17 2 OPM %19.0618.04 - PBDT195.47164.20 19 PBT167.81141.41 19 NP109.71109.72 0 Powered by Capital Market - Live

3 weeks agoCapital Market - Live
Corporate
Usha Martin schedules board meeting

Usha Martin will hold a meeting of the Board of Directors of the Company on 8 November 2025.Powered by Capital Market - Live

1 month agoCapital Market - Live
Earnings
Usha Martin consolidated net profit declines 3.05% in the June 2025 quarter

Net profit of Usha Martin declined 3.05% to Rs 100.93 crore in the quarter ended June 2025 as against Rs 104.11 crore during the previous quarter ended June 2024. Sales rose 7.36% to Rs 887.19 crore in the quarter ended June 2025 as against Rs 826.37 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales887.19826.37 7 OPM %16.3018.64 - PBDT158.32156.44 1 PBT129.63134.70 -4 NP100.93104.11 -3 Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Usha Martin to discuss results

Usha Martin will hold a meeting of the Board of Directors of the Company on 12 August 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Usha Martin to convene AGM

Usha Martin announced that the 39th Annual General Meeting(AGM) of the company will be held on 7 August 2025.Powered by Capital Market - Live

4 months agoCapital Market - Live
Corporate
Board of Usha Martin appoints director

The Board of Usha Martin at its meeting held on 12 May 2025 has approved the appointment of Chirantan Chatterjee [DIN: 10506056] as Whole-Time Director of the Company for a term of 5 (five) years effective from 12 May 2025 subject to requisite approvals under applicable laws. Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Board of Usha Martin recommends Final Dividend

Usha Martin announced that the Board of Directors of the Company at its meeting held on 12 May 2025, has recommended a Final Dividend of Rs.3 per share (i.e.300%), subject to the approval of the shareholders.Powered by Capital Market - Live

6 months agoCapital Market - Live
Earnings
Usha Martin consolidated net profit declines 4.96% in the March 2025 quarter

Net profit of Usha Martin declined 4.96% to Rs 100.99 crore in the quarter ended March 2025 as against Rs 106.26 crore during the previous quarter ended March 2024. Sales rose 8.09% to Rs 896.08 crore in the quarter ended March 2025 as against Rs 829.03 crore during the previous quarter ended March 2024. For the full year,net profit declined 3.91% to Rs 407.39 crore in the year ended March 2025 as against Rs 423.96 crore during the previous year ended March 2024. Sales rose 7.72% to Rs 3474.16 crore in the year ended March 2025 as against Rs 3225.20 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales896.08829.03 8 3474.163225.20 8 OPM %15.5818.28 -17.1918.56 - PBDT160.88158.88 1 624.71626.51 0 PBT133.12136.35 -2 526.85549.51 -4 NP100.99106.26 -5 407.39423.96 -4 Powered by Capital Market - Live

6 months agoCapital Market - Live
Corporate
Usha Martin to declare Quarterly Result

Usha Martin will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

6 months agoCapital Market - Live
Spotlight
Usha Martin posts nearly 14% fall in Q3 PAT to Rs 92.57 crore

Total expenses during the quarter rose by 13.1% YoY to Rs 752.10 crore. This was primarily due to higher raw material costs (up 11.3% YoY), higher employee expenses (up 4.4% YoY), and higher other expenses (up 22.5% YoY). Profit before tax in Q3 FY25 stood at Rs 117.62 crore, down by 15.7% from Rs 139.59 crore in Q3 FY24. Usha Martin is a specialty steel wire rope solutions provider. The company is also engaged in the manufacturing of high-quality wires, low relaxation prestressed concrete steel strand (LRPC), bespoke end-fitments, accessories and related services. The scrip rose 2.68% to end at Rs 339.15 on the BSE today. Powered by Capital Market - Live

10 months agoCapital Market - Live

Frequently asked questions

Frequently asked questions

  1. What is the share price of Usha Martin Ltd (USHAMART) today?

    The share price of USHAMART as on 5th December 2025 is ₹433.90. The stock prices are volatile and keep changing through the day depending upon various factors and market conditions.

  2. What is the return on Usha Martin Ltd (USHAMART) share?

    The past returns of Usha Martin Ltd (USHAMART) share are
    • Past 1 week: -0.71%
    • Past 1 month: -11.24%
    • Past 3 months: 14.40%
    • Past 6 months: 42.00%
    • Past 1 year: 8.01%
    • Past 3 years: 225.12%
    • Past 5 years: 1577.50%

  3. What are the peers or stocks similar to Usha Martin Ltd (USHAMART)?

    The peers or stocks similar to Usha Martin Ltd (USHAMART) include:

  4. What is the dividend yield % of Usha Martin Ltd (USHAMART) share?

    The current dividend yield of Usha Martin Ltd (USHAMART) is 0.69.

  5. What is the market cap of Usha Martin Ltd (USHAMART) share?

    Market capitalization, short for market cap, is the market value of a publicly traded company's outstanding shares. The market cap of Usha Martin Ltd (USHAMART) is ₹13283.01 Cr as of 5th December 2025.

  6. What is the 52 week high and low of Usha Martin Ltd (USHAMART) share?

    The 52-week high of Usha Martin Ltd (USHAMART) is ₹497.10 and the 52-week low is ₹278.55.

  7. What is the PE and PB ratio of Usha Martin Ltd (USHAMART) stock?

    The P/E (price-to-earnings) ratio of Usha Martin Ltd (USHAMART) is 32.61. The P/B (price-to-book) ratio is 4.83.

  8. Which sector does Usha Martin Ltd (USHAMART) belong to?

    Usha Martin Ltd (USHAMART) belongs to the Materials sector & Iron & Steel sub-sector.

  9. How to buy Usha Martin Ltd (USHAMART) shares?

    You can directly buy Usha Martin Ltd (USHAMART) shares on Tickertape. Simply sign up, connect your demat account and place your order.