Usha Martin Limited, together with its subsidiaries, manufactures and sells wires, wire ropes, and strands products in India and internationally.
No risks detected for 517146 from our risk checks.
Usha Martin Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹78.75|
|52 Week High||₹19.80|
|52 Week Low||₹81.50|
|1 Month Change||14.71%|
|3 Month Change||39.13%|
|1 Year Change||217.54%|
|3 Year Change||166.95%|
|5 Year Change||511.41%|
|Change since IPO||-20.46%|
Recent News & Updates
|517146||IN Metals and Mining||IN Market|
Return vs Industry: 517146 exceeded the Indian Metals and Mining industry which returned 135.1% over the past year.
Return vs Market: 517146 exceeded the Indian Market which returned 67.5% over the past year.
Stable Share Price: 517146 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 517146's weekly volatility (8%) has been stable over the past year.
About the Company
Usha Martin Limited, together with its subsidiaries, manufactures and sells wires, wire ropes, and strands products in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining, elevator, fishing, aerial, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture.
Usha Martin Fundamentals Summary
|517146 fundamental statistics|
Is 517146 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|517146 income statement (TTM)|
|Cost of Revenue||₹13.06b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.70|
|Net Profit Margin||8.73%|
How did 517146 perform over the long term?See historical performance and comparison
Is Usha Martin undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 517146 (₹78.75) is trading above our estimate of fair value (₹68.39)
Significantly Below Fair Value: 517146 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 517146 is poor value based on its PE Ratio (11.8x) compared to the Indian Metals and Mining industry average (11.3x).
PE vs Market: 517146 is good value based on its PE Ratio (11.8x) compared to the Indian market (20.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 517146's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 517146 is overvalued based on its PB Ratio (1.7x) compared to the IN Metals and Mining industry average (1.5x).
How is Usha Martin forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Usha Martin has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
How has Usha Martin performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 517146 has high quality earnings.
Growing Profit Margin: 517146's current net profit margins (8.7%) are higher than last year (3.3%).
Past Earnings Growth Analysis
Earnings Trend: 517146 has become profitable over the past 5 years, growing earnings by 54.6% per year.
Accelerating Growth: 517146's earnings growth over the past year (212.3%) exceeds its 5-year average (54.6% per year).
Earnings vs Industry: 517146 earnings growth over the past year (212.3%) exceeded the Metals and Mining industry 131.6%.
Return on Equity
High ROE: 517146's Return on Equity (14.6%) is considered low.
How is Usha Martin's financial position?
Financial Position Analysis
Short Term Liabilities: 517146's short term assets (₹13.9B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: 517146's short term assets (₹13.9B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: 517146's debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 517146's debt to equity ratio has reduced from 306% to 37.7% over the past 5 years.
Debt Coverage: 517146's debt is well covered by operating cash flow (40.3%).
Interest Coverage: 517146's interest payments on its debt are well covered by EBIT (6.2x coverage).
What is Usha Martin current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 517146's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 517146's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 517146's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 517146's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 517146 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 517146's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Rajeev Jhawar (57 yo)
Mr. Rajeev Jhawar has been the Managing Director at Usha Martin Limited since May 19, 2008. Mr. Jhawar has been associated with Usha Martin for more than a decade and has rich experience in the administrat...
CEO Compensation Analysis
Compensation vs Market: Rajeev's total compensation ($USD167.17K) is below average for companies of similar size in the Indian market ($USD305.65K).
Compensation vs Earnings: Rajeev's compensation has been consistent with company performance over the past year.
Experienced Management: 517146's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: 517146's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Usha Martin Limited's employee growth, exchange listings and data sources
- Name: Usha Martin Limited
- Ticker: 517146
- Exchange: BSE
- Founded: 1960
- Industry: Steel
- Sector: Materials
- Market Cap: ₹23.998b
- Shares outstanding: 304.74m
- Website: https://www.ushamartin.com
Number of Employees
- Usha Martin Limited
- 2A, Shakespeare Sarani
- Mangal Kalash
- West Bengal
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 15:33|
|End of Day Share Price||2021/09/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.