Usha Martin Limited

NSEI:USHAMART Stock Report

Market Cap: ₹115.6b

Usha Martin Management

Management criteria checks 1/4

Usha Martin's CEO is Rajeev Jhawar, appointed in May 2008, has a tenure of 16.67 years. total yearly compensation is ₹62.75M, comprised of 26.1% salary and 73.9% bonuses, including company stock and options. directly owns 2.19% of the company’s shares, worth ₹2.53B. The average tenure of the management team and the board of directors is 1.8 years and 3.2 years respectively.

Key information

Rajeev Jhawar

Chief executive officer

₹62.8m

Total compensation

CEO salary percentage26.1%
CEO tenure16.7yrs
CEO ownership2.2%
Management average tenure1.8yrs
Board average tenure3.2yrs

Recent management updates

Recent updates

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

We Like These Underlying Return On Capital Trends At Usha Martin (NSE:USHAMART)

Aug 24
We Like These Underlying Return On Capital Trends At Usha Martin (NSE:USHAMART)

We Take A Look At Why Usha Martin Limited's (NSE:USHAMART) CEO Compensation Is Well Earned

Aug 04
We Take A Look At Why Usha Martin Limited's (NSE:USHAMART) CEO Compensation Is Well Earned

We Think Usha Martin (NSE:USHAMART) Can Stay On Top Of Its Debt

Jul 22
We Think Usha Martin (NSE:USHAMART) Can Stay On Top Of Its Debt

CEO Compensation Analysis

How has Rajeev Jhawar's remuneration changed compared to Usha Martin's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

₹4b

Jun 30 2024n/an/a

₹4b

Mar 31 2024₹63m₹16m

₹4b

Dec 31 2023n/an/a

₹4b

Sep 30 2023n/an/a

₹4b

Jun 30 2023n/an/a

₹4b

Mar 31 2023₹22m₹17m

₹4b

Dec 31 2022n/an/a

₹4b

Sep 30 2022n/an/a

₹3b

Jun 30 2022n/an/a

₹3b

Mar 31 2022₹12m₹9m

₹3b

Dec 31 2021n/an/a

₹3b

Sep 30 2021n/an/a

₹2b

Jun 30 2021n/an/a

₹2b

Mar 31 2021₹12m₹9m

₹2b

Dec 31 2020n/an/a

₹1b

Sep 30 2020n/an/a

₹769m

Jun 30 2020n/an/a

₹653m

Mar 31 2020₹15m₹11m

-₹644m

Dec 31 2019n/an/a

₹2b

Sep 30 2019n/an/a

₹2b

Jun 30 2019n/an/a

₹2b

Mar 31 2019₹16m₹11m

₹4b

Dec 31 2018n/an/a

-₹2b

Sep 30 2018n/an/a

-₹2b

Jun 30 2018n/an/a

-₹2b

Mar 31 2018₹16m₹11m

₹1b

Compensation vs Market: Rajeev's total compensation ($USD732.01K) is above average for companies of similar size in the Indian market ($USD495.48K).

Compensation vs Earnings: Rajeev's compensation has increased by more than 20% in the past year.

CEO

Rajeev Jhawar (60 yo)

16.7yrs

Tenure

₹62,753,000

Compensation

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...

Leadership Team

NamePositionTenureCompensationOwnership
Rajeev Jhawar
MD & Executive Director16.7yrs₹62.75m2.19%
₹ 2.5b
Chirantan Chatterjee
Senior Vice President of Sales & Marketingno data₹8.20mno data
Tapas Gangopadhyay
Global Head of Wire Rope & Non-Executive Director3yrs₹1.03mno data
Abhijit Paul
Chief Financial Officerless than a yearno datano data
Murari Rathi
Vice President of Accounts & Commercialno datano datano data
Manish Agarwal
Company Secretary & Compliance Officerless than a yearno datano data
Sabyasachi Majumder
Managing Director of Brunton Wire Ropesno datano datano data
Jeffrey Schipani
President of Usha Martin Americas Incno datano datano data
Malay Vyas
Chief Executive Officer of Usha Martin Americas Incno datano datano data
Dimitri Gartner
Chief Executive Officer of Usha Martin International Ltd.no datano datano data
Ghanshyam Lakhotia
General Manager of Finance & Treasuryno datano datano data
Santanu Das
Assistant Vice President of Sales & Marketingno datano datano data

1.8yrs

Average Tenure

57.5yo

Average Age

Experienced Management: USHAMART's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Rajeev Jhawar
MD & Executive Director26.7yrs₹62.75m2.19%
₹ 2.5b
Tapas Gangopadhyay
Global Head of Wire Rope & Non-Executive Director1.8yrs₹1.03mno data
Ramni Nirula
Independent Non-Executive Director5.5yrs₹2.68mno data
Sethurathnam Ravi
Additional Independent Non-Executive Director3.2yrs₹3.13mno data
Vijay Bapna
Independent Non-Executive Chairman5.7yrs₹3.05mno data
Venkatachalam Ramakrishna Iyer
Independent Non-Executive Director3.2yrs₹3.13mno data
S. B. Sharma
Whole Time Directorless than a year₹9.09mno data

3.2yrs

Average Tenure

65.5yo

Average Age

Experienced Board: USHAMART's board of directors are considered experienced (3.2 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/07 03:33
End of Day Share Price 2025/01/07 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

Usha Martin Limited is covered by 5 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