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Usha Martin LimitedNSEI:USHAMART Stock Report

Market Cap ₹138.8b
Share Price
₹455.30
My Fair Value
₹599.54
24.1% undervalued intrinsic discount
1Y6.1%
7D-3.1%
Portfolio Value
View

Usha Martin Limited

NSEI:USHAMART Stock Report

Market Cap: ₹138.8b

Usha Martin (USHAMART) Stock Overview

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

USHAMART fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance2/6
Financial Health6/6
Dividends3/6

Rewards

Risk Analysis

No risks detected for USHAMART from our risk checks.

USHAMART Community Fair Values

Create Narrative

See what 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₹455.30
52 Week High₹488.35
52 Week Low₹278.55
Beta0.34
1 Month Change9.49%
3 Month Change19.38%
1 Year Change6.13%
3 Year Change236.76%
5 Year Change1,950.90%
Change since IPO597.24%

Recent News & Updates

Returns At Usha Martin (NSE:USHAMART) Are On The Way Up

Oct 15
Returns At Usha Martin (NSE:USHAMART) Are On The Way Up

Subdued Growth No Barrier To Usha Martin Limited (NSE:USHAMART) With Shares Advancing 27%

Jul 15
Subdued Growth No Barrier To Usha Martin Limited (NSE:USHAMART) With Shares Advancing 27%

Usha Martin's (NSE:USHAMART) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 12
Usha Martin's (NSE:USHAMART) Shareholders Will Receive A Bigger Dividend Than Last Year

Recent updates

Returns At Usha Martin (NSE:USHAMART) Are On The Way Up

Oct 15
Returns At Usha Martin (NSE:USHAMART) Are On The Way Up

Subdued Growth No Barrier To Usha Martin Limited (NSE:USHAMART) With Shares Advancing 27%

Jul 15
Subdued Growth No Barrier To Usha Martin Limited (NSE:USHAMART) With Shares Advancing 27%

Usha Martin's (NSE:USHAMART) Shareholders Will Receive A Bigger Dividend Than Last Year

Jul 12
Usha Martin's (NSE:USHAMART) Shareholders Will Receive A Bigger Dividend Than Last Year

These 4 Measures Indicate That Usha Martin (NSE:USHAMART) Is Using Debt Reasonably Well

Jun 02
These 4 Measures Indicate That Usha Martin (NSE:USHAMART) Is Using Debt Reasonably Well

Usha Martin Limited's (NSE:USHAMART) Business And Shares Still Trailing The Market

May 08
Usha Martin Limited's (NSE:USHAMART) Business And Shares Still Trailing The Market

Earnings Update: Here's Why Analysts Just Lifted Their Usha Martin Limited (NSE:USHAMART) Price Target To ₹541

Feb 01
Earnings Update: Here's Why Analysts Just Lifted Their Usha Martin Limited (NSE:USHAMART) Price Target To ₹541

Usha Martin Limited (NSE:USHAMART) Screens Well But There Might Be A Catch

Jan 24
Usha Martin Limited (NSE:USHAMART) Screens Well But There Might Be A Catch

Usha Martin (NSE:USHAMART) Ticks All The Boxes When It Comes To Earnings Growth

Jan 03
Usha Martin (NSE:USHAMART) Ticks All The Boxes When It Comes To Earnings Growth

Usha Martin (NSE:USHAMART) Seems To Use Debt Quite Sensibly

Dec 06
Usha Martin (NSE:USHAMART) Seems To Use Debt Quite Sensibly

Returns on Capital Paint A Bright Future For Usha Martin (NSE:USHAMART)

Oct 08
Returns on Capital Paint A Bright Future For Usha Martin (NSE:USHAMART)

Market Still Lacking Some Conviction On Usha Martin Limited (NSE:USHAMART)

Sep 07
Market Still Lacking Some Conviction On Usha Martin Limited (NSE:USHAMART)

Usha Martin (NSE:USHAMART) Is Paying Out A Larger Dividend Than Last Year

Aug 05
Usha Martin (NSE:USHAMART) Is Paying Out A Larger Dividend Than Last Year

Usha Martin (NSE:USHAMART) Will Pay A Larger Dividend Than Last Year At ₹2.75

Jul 21
Usha Martin (NSE:USHAMART) Will Pay A Larger Dividend Than Last Year At ₹2.75

Do Usha Martin's (NSE:USHAMART) Earnings Warrant Your Attention?

Jul 12
Do Usha Martin's (NSE:USHAMART) Earnings Warrant Your Attention?

Usha Martin (NSE:USHAMART) Is Looking To Continue Growing Its Returns On Capital

May 13
Usha Martin (NSE:USHAMART) Is Looking To Continue Growing Its Returns On Capital

There's No Escaping Usha Martin Limited's (NSE:USHAMART) Muted Earnings Despite A 28% Share Price Rise

Apr 19
There's No Escaping Usha Martin Limited's (NSE:USHAMART) Muted Earnings Despite A 28% Share Price Rise

Is Now The Time To Put Usha Martin (NSE:USHAMART) On Your Watchlist?

Apr 07
Is Now The Time To Put Usha Martin (NSE:USHAMART) On Your Watchlist?

Is Usha Martin (NSE:USHAMART) Using Too Much Debt?

Mar 23
Is Usha Martin (NSE:USHAMART) Using Too Much Debt?

Investors Should Be Encouraged By Usha Martin's (NSE:USHAMART) Returns On Capital

Feb 08
Investors Should Be Encouraged By Usha Martin's (NSE:USHAMART) Returns On Capital

Usha Martin Limited's (NSE:USHAMART) Prospects Need A Boost To Lift Shares

Jan 02
Usha Martin Limited's (NSE:USHAMART) Prospects Need A Boost To Lift Shares

Here's Why We Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today

Dec 12
Here's Why We Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today

These 4 Measures Indicate That Usha Martin (NSE:USHAMART) Is Using Debt Reasonably Well

Nov 16
These 4 Measures Indicate That Usha Martin (NSE:USHAMART) Is Using Debt Reasonably Well

The Trend Of High Returns At Usha Martin (NSE:USHAMART) Has Us Very Interested

Oct 25
The Trend Of High Returns At Usha Martin (NSE:USHAMART) Has Us Very Interested

Do Usha Martin's (NSE:USHAMART) Earnings Warrant Your Attention?

Sep 12
Do Usha Martin's (NSE:USHAMART) Earnings Warrant Your Attention?

If EPS Growth Is Important To You, Usha Martin (NSE:USHAMART) Presents An Opportunity

Jun 07
If EPS Growth Is Important To You, Usha Martin (NSE:USHAMART) Presents An Opportunity

Does Usha Martin (NSE:USHAMART) Have A Healthy Balance Sheet?

May 06
Does Usha Martin (NSE:USHAMART) Have A Healthy Balance Sheet?

The Return Trends At Usha Martin (NSE:USHAMART) Look Promising

Feb 23
The Return Trends At Usha Martin (NSE:USHAMART) Look Promising

Usha Martin (NSE:USHAMART) Has A Pretty Healthy Balance Sheet

Jan 20
Usha Martin (NSE:USHAMART) Has A Pretty Healthy Balance Sheet

Here's Why We Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today

Jan 03
Here's Why We Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today

Usha Martin (NSE:USHAMART) Could Easily Take On More Debt

Aug 11
Usha Martin (NSE:USHAMART) Could Easily Take On More Debt

Usha Martin (NSE:USHAMART) Shareholders Will Want The ROCE Trajectory To Continue

May 08
Usha Martin (NSE:USHAMART) Shareholders Will Want The ROCE Trajectory To Continue

Here's Why I Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today

Mar 14
Here's Why I Think Usha Martin (NSE:USHAMART) Might Deserve Your Attention Today

Shareholder Returns

USHAMARTIN Metals and MiningIN Market
7D-3.1%-1.1%0.4%
1Y6.1%2.9%-2.8%

Return vs Industry: USHAMART exceeded the Indian Metals and Mining industry which returned 5.1% over the past year.

Return vs Market: USHAMART exceeded the Indian Market which returned -2.6% over the past year.

Price Volatility

Is USHAMART's price volatile compared to industry and market?
USHAMART volatility
USHAMART Average Weekly Movement5.3%
Metals and Mining Industry Average Movement5.5%
Market Average Movement5.2%
10% most volatile stocks in IN Market8.4%
10% least volatile stocks in IN Market3.2%

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

Volatility Over Time: USHAMART'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?
USHAMART fundamental statistics
Market cap₹138.77b
Earnings (TTM)₹4.04b
Revenue (TTM)₹35.35b
34.3x
P/E Ratio
3.9x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
USHAMART income statement (TTM)
Revenue₹35.35b
Cost of Revenue₹18.22b
Gross Profit₹17.13b
Other Expenses₹13.09b
Earnings₹4.04b

Last Reported Earnings

Jun 30, 2025

Next Earnings Date

n/a

Earnings per share (EPS)13.27
Gross Margin48.47%
Net Profit Margin11.43%
Debt/Equity Ratio15.1%

How did USHAMART perform over the long term?

See historical performance and comparison

Dividends

0.7%
Current Dividend Yield
22%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/10/18 19:52
End of Day Share Price 2025/10/17 00:00
Earnings2025/06/30
Annual Earnings2025/03/31

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 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullBatlivala & Karani Securities India Pvt. Ltd.
Rajesh MajumdarBatlivala & Karani Securities India Pvt. Ltd.
Pankaj PandeyICICIdirect.com