Usha Martin Dividends and Buybacks
Dividend criteria checks 3/6
Usha Martin is a dividend paying company with a current yield of 0.75% that is well covered by earnings.
Key information
0.8%
Dividend yield
0.04%
Buyback Yield
| Total Shareholder Yield | 0.8% |
| Future Dividend Yield | 0.9% |
| Dividend Growth | 14.3% |
| Next dividend pay date | n/a |
| Ex dividend date | n/a |
| Dividend per share | n/a |
| Payout ratio | 23% |
Recent dividend and buyback updates
Recent updates
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.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).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).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.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.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.
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.Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, 517146 has been paying a dividend for less than 10 years.
Growing Dividend: 517146's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Usha Martin Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (517146) | 0.8% |
| Market Bottom 25% (IN) | 0.3% |
| Market Top 25% (IN) | 1.5% |
| Industry Average (Metals and Mining) | 1.7% |
| Analyst forecast (517146) (up to 3 years) | 0.9% |
Notable Dividend: 517146's dividend (0.75%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).
High Dividend: 517146's dividend (0.75%) is low compared to the top 25% of dividend payers in the Indian market (1.47%).
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (23.3%), 517146's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (25%), 517146's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 23:18 |
| End of Day Share Price | 2026/06/16 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | 360 ONE Capital Market Private Limited |
| Rajesh Majumdar | 360 ONE Capital Market Private Limited |
| Pankaj Pandey | ICICIdirect.com |