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Usha Martin LimitedBSE:517146 Stock Report

Market Cap ₹156.9b
Share Price
n/a
1Y38.9%
7D8.8%
1D2.4%
Portfolio Value
View

Usha Martin Limited

BSE:517146 Stock Report

Market Cap: ₹156.9b

Usha Martin (517146) Stock Overview

Manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. More details

517146 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance5/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for 517146 from our risk checks.

517146 Community Fair Values

Create Narrative

See what 7 others think this stock is worth. Follow their fair value or set your own to get alerts.

Usha Martin Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Usha Martin
Historical stock prices
Current Share Price₹514.15
52 Week High₹527.00
52 Week Low₹333.95
Beta0.20
1 Month Change-1.12%
3 Month Change26.81%
1 Year Change38.88%
3 Year Change82.87%
5 Year Change835.67%
Change since IPO419.34%

Recent News & Updates

Narrative Update Jun 06

517146: Upcoming Dividend And Board Meeting Will Support Measured Future Outlook

Narrative Update Overview The updated analyst price target for Usha Martin remains aligned with a fair value estimate of ₹564.00. Analysts point to slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E to refine their valuation rather than overhaul it.
Narrative Update May 04

517146: Upcoming Board Meeting And Dividend Decision Will Support Confident Outlook

Analysts have trimmed Usha Martin's fair value estimate from ₹600 to ₹564, reflecting slightly higher discount rate assumptions, marginally lower revenue growth expectations at 11.88% and a modestly lower future P/E multiple of 32.10x. What's in the News Board meeting scheduled for April 30, 2026, at 12:00 Indian Standard Time to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).

Recent updates

Narrative Update Jun 06

517146: Upcoming Dividend And Board Meeting Will Support Measured Future Outlook

Narrative Update Overview The updated analyst price target for Usha Martin remains aligned with a fair value estimate of ₹564.00. Analysts point to slightly adjusted assumptions on discount rate, revenue growth, profit margin and future P/E to refine their valuation rather than overhaul it.
Narrative Update May 04

517146: Upcoming Board Meeting And Dividend Decision Will Support Confident Outlook

Analysts have trimmed Usha Martin's fair value estimate from ₹600 to ₹564, reflecting slightly higher discount rate assumptions, marginally lower revenue growth expectations at 11.88% and a modestly lower future P/E multiple of 32.10x. What's in the News Board meeting scheduled for April 30, 2026, at 12:00 Indian Standard Time to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026 (Key Developments).
Narrative Update Nov 28

517146: Stable Outlook Will Drive Confidence Ahead Of Board And Remuneration Meetings

Analysts have maintained their fair value estimate for Usha Martin at ₹600, citing a stable long-term outlook despite minor adjustments to growth, margin, and discount rate assumptions. What's in the News A board meeting is scheduled for November 8, 2025, to consider approval of unaudited financial results for the quarter and half year ended September 30, 2025 (Key Developments).
Narrative Update Nov 14

517146: Future Performance Outlook Remains Positive Amid Board And Remuneration Updates

Analysts have maintained their fair value estimate for Usha Martin at ₹600, reflecting a balanced view. Recent downward revisions to projected revenue growth and profit margins were offset by an increase in the assumed discount rate and a higher expected future price-to-earnings ratio.
Narrative Update Oct 30

517146: Upcoming Shareholder Meeting And Steady Performance Will Drive Future Success

Narrative Update on Usha Martin: Change in Analyst Price Target Analysts have maintained Usha Martin's fair value estimate at ₹600, citing stable expectations for the company's growth and profitability metrics. This comes despite a marginal uptick in the applied discount rate and future price-to-earnings ratio.
Narrative Update Oct 16

Ranchi Capacity And International Shipping Will Ensure Future Success

Analysts have raised their fair value estimate for Usha Martin from ₹541 to ₹600 per share. They cite updated profit margin expectations and adjustments to discount rates as key factors behind the revised target.
User avatar
New Narrative Feb 17

Expansion In Ranchi And Thailand Will Increase Production Capacity

Expansion of production and digitalization efforts are aimed at enhancing revenue and operational efficiencies, improving margins over time.

Shareholder Returns

517146IN Metals and MiningIN Market
7D8.8%1.0%1.0%
1Y38.9%14.2%-1.4%

Return vs Industry: 517146 exceeded the Indian Metals and Mining industry which returned 14.2% over the past year.

Return vs Market: 517146 exceeded the Indian Market which returned -1.3% over the past year.

Price Volatility

Is 517146's price volatile compared to industry and market?
517146 volatility
517146 Average Weekly Movement4.6%
Metals and Mining Industry Average Movement6.5%
Market Average Movement6.4%
10% most volatile stocks in IN Market9.3%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 517146 has not had significant price volatility in the past 3 months compared to the Indian market.

Volatility Over Time: 517146's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19602,235Rajeev Jhawarwww.ushamartin.com

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including crane, mining, elevator, oil and offshore, fishing, general engineering, aerial transportation, structural, and forestry ropes, as well as conveyor cord. It also provides spring, welding, fencing, ACSR, needle, mesh, fishhook, CHQ, spoke, and brush wires; LRPC strands comprising compacted, indented, un-bonded polymer coated, bonded polymer LRPC strands; and wire drawing and related machines.

Usha Martin Limited Fundamentals Summary

How do Usha Martin's earnings and revenue compare to its market cap?
517146 fundamental statistics
Market cap₹156.87b
Earnings (TTM)₹4.91b
Revenue (TTM)₹36.91b
32.0x
P/E Ratio
4.2x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
517146 income statement (TTM)
Revenue₹36.91b
Cost of Revenue₹18.68b
Gross Profit₹18.24b
Other Expenses₹13.33b
Earnings₹4.91b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)16.09
Gross Margin49.40%
Net Profit Margin13.30%
Debt/Equity Ratio4.4%

How did 517146 perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
23%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/04 17:23
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Usha Martin Limited is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Rajesh Majumdar360 ONE Capital Market Private Limited
null null360 ONE Capital Market Private Limited
Pankaj PandeyICICIdirect.com