Usha Martin

Who are the top shareholders of the Usha Martin?

The top shareholders of Usha Martin include promoters holding the largest share at 13.48%, institutional investors with 22.61% (including mutual funds at 8.36% and FIIs at 14.25%), and individual investors who collectively own 18.25%. The highest public shareholder is India Opportunities Growth Fund Ltd - Pinewood Strategy with a 5.33% stake.

The top shareholders of Usha Martin include a mix of promoters, institutional investors, and individual shareholders. The majority shareholders are the promoters, with no pledged promoter holdings reported. The promoter with the highest holding is Umil Share & Stock Broking Services Ltd., which holds 13.48% of the shares. <BR><BR>In terms of institutional investors, mutual funds hold 8.36% across 21 schemes, while foreign institutional investors (FIIs) hold 14.25% through 120 different entities. The highest public shareholder is India Opportunities Growth Fund Ltd - Pinewood Strategy, which has a stake of 5.33%. Additionally, individual investors collectively hold 18.25% of the company's shares.

how big is Usha Martin?

As of Jun 06, Usha Martin Ltd has a market capitalization of 9,340.34 Cr, with recent net sales of 3,474.16 Cr and net profit of 407.39 Cr. Shareholder's funds are 2,379.67 Cr, and total assets amount to 3,313.19 Cr.

Market Cap: <BR>As of Jun 06, Usha Martin Ltd has a market capitalization of 9,340.34 Cr, categorizing it as a Mid Cap company.<BR><BR>Recent Quarterly Performance: <BR>For the latest 4 quarters, Usha Martin Ltd reported a sum of Net Sales of 3,474.16 Cr and a sum of Net Profit of 407.39 Cr. This data is on a Consolidated basis.<BR><BR>Balance Sheet Snapshot: <BR>The balance sheet data is also on a Consolidated basis for the latest annual period ending in Mar'24. Shareholder's Funds are reported at 2,379.67 Cr, while Total Assets amount to 3,313.19 Cr.

What does Usha Martin do?

Usha Martin Ltd is a major specialty steel producer and one of the largest wire rope manufacturers globally, with a market cap of Rs 9,353 Cr. As of March 2025, it reported net sales of 896 Cr and a net profit of 101 Cr.

Overview:<BR>Usha Martin Ltd is a leading producer of specialty steel and one of the largest wire rope manufacturers globally, operating in the Iron & Steel Products industry within the Mid Cap market-cap bracket.<BR><BR>History:<BR>Usha Martin Ltd was incorporated in an unspecified year and has undergone status changes over time. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 896 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 101 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 9,353 Cr (Mid Cap)<BR><BR>Key Metrics:<BR>P/E: 23.00 <BR>Industry P/E: 33 <BR>Dividend Yield: 0.90% <BR>Debt-Equity: 0.05 <BR>Return on Equity: 14.80% <BR>Price-to-Book: 3.38 <BR><BR>Contact Details:<BR>Address: 2A Shakespeare Sarani, Kolkata West Bengal: 700071 <BR>Phone: 91-33-39800300 <BR>Email: investor@ushamartin.co.in <BR>Website: http://www.ushamartin.com

Has Usha Martin declared dividend?

Yes, Usha Martin Ltd has declared a dividend of 275% (₹2.75 per share) with an ex-date of August 6, 2024. Despite recent short-term price declines, the company has shown strong long-term total returns, particularly over the past 3 to 5 years.

Usha Martin Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 275%<BR>- Amount per share: 2.75<BR>- Ex-date: 06 Aug 24<BR><BR>Dividend Yield: 0.9%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -25.09%, with a dividend return of 0%, resulting in a total return of -25.09%.<BR><BR>Over the past year, the price return was -14.33%, with a dividend return of 0.74%, leading to a total return of -13.59%.<BR><BR>In the 2-year period, the price return was 22.52%, with a dividend return of 1.84%, culminating in a total return of 24.36%.<BR><BR>For the 3-year period, the price return was 155.96%, with a dividend return of 6.74%, resulting in a total return of 162.7%.<BR><BR>In the last 4 years, the price return was 514.46%, with a dividend return of 12.38%, leading to a total return of 526.84%.<BR><BR>Over the 5-year period, the price return was 1783.08%, with a dividend return of 37.66%, resulting in a total return of 1820.74%.<BR><BR>Overall, Usha Martin has declared a substantial dividend, which reflects positively in the long-term total returns, especially over the 3, 4, and 5-year periods, despite recent short-term declines in price returns.

Who are the peers of the Usha Martin?

Usha Martin's peers include APL Apollo Tubes, Welspun Corp, Shyam Metalics, and others. In terms of management risk, growth, and capital structure, APL Apollo Tubes stands out, while Usha Martin shows below-average growth and a 1-year return of -13.54%.

Peers: The peers of Usha Martin are APL Apollo Tubes, Welspun Corp, Shyam Metalics, Ratnamani Metals, Jindal Saw, Mah. Seamless, Surya Roshni, Technocraf.Inds., Electrost.Cast., and Bansal Wire Inds.<BR><BR>Quality Snapshot: Excellent management risk is observed at APL Apollo Tubes and Technocraf.Inds., while Good management risk is found at Welspun Corp, Shyam Metalics, Ratnamani Metals, Usha Martin, and the rest. Average management risk is noted at Jindal Saw, Mah. Seamless, Surya Roshni, Electrost.Cast., and Bansal Wire Inds. Growth is Excellent at APL Apollo Tubes and Jindal Saw, Average at Shyam Metalics, Ratnamani Metals, Mah. Seamless, and the rest, while Below Average growth is seen at Usha Martin, Welspun Corp, Surya Roshni, Technocraf.Inds., and Bansal Wire Inds. Excellent capital structure is noted at APL Apollo Tubes, Shyam Metalics, Ratnamani Metals, Usha Martin, Mah. Seamless, and the rest, while Good capital structure is found at Welspun Corp and Technocraf.Inds., and Below Average at Jindal Saw and Bansal Wire Inds.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Welspun Corp at 68.43%, while the lowest is Jindal Saw at -22.93%. Usha Martin's 1-year return is -13.54%, which is higher than Jindal Saw's but lower than Welspun Corp's. Additionally, the six-month returns are negative for Ratnamani Metals, Jindal Saw, Electrost.Cast., and Bansal Wire Inds.

Who are in the management team of Usha Martin?

As of March 2023, the management team of Usha Martin includes R Jhawar (Managing Director), Shampa Ghosh Ray (Company Secretary), and several independent and non-executive directors, including Vijay Singh Bapna (Chairman).

As of March 2023, the management team of Usha Martin includes the following individuals:<BR><BR>1. R Jhawar - Managing Director<BR>2. Shampa Ghosh Ray - Company Secretary & Compliance Officer<BR>3. Ramni Nirula - Non-Executive & Independent Director<BR>4. Venkatachalam Ramakrishna Iyer - Independent Director<BR>5. S Ravi - Independent Director<BR>6. Vijay Singh Bapna - Chairman & Independent Director<BR>7. Sumit Kumar Modak - Whole-time Director<BR>8. Tapas Gangopadhyay - Non-Executive Director<BR><BR>As of March 2023, the management team of Usha Martin comprises a mix of executive and independent directors, with R Jhawar serving as the Managing Director.

Is Usha Martin overvalued or undervalued?

As of November 13, 2025, Usha Martin is considered overvalued with a valuation grade of "expensive," reflected in its high PE ratio of 32.69 and other premium metrics compared to peers like Tata Steel and Jindal Steel, despite a strong year-to-date return of 19.25%.

As of 13 November 2025, Usha Martin's valuation grade has moved from very expensive to expensive, indicating a slight improvement in perceived value but still reflecting a high valuation. The company is currently considered overvalued. Key ratios include a PE ratio of 32.69, an EV to EBITDA of 22.72, and a Price to Book Value of 4.61, all of which suggest that the stock is priced at a premium compared to its earnings and assets.<BR><BR>In comparison to its peers, Usha Martin's PE ratio is significantly higher than that of Tata Steel at 29.61 and Jindal Steel at 27.84, both of which are categorized as fairly valued. Additionally, the PEG ratio of Usha Martin stands at 0.00, which is notably lower than that of JSW Steel at 2.56, indicating a lack of growth expectations priced into Usha Martin's stock. Despite recent stock performance showing a 19.25% return year-to-date compared to the Sensex's 8.11%, the high valuation metrics suggest that Usha Martin may not sustain such performance levels moving forward.

How has been the historical performance of Usha Martin?

Usha Martin has shown steady growth in net sales and profit from Mar'21 to Mar'25, with net sales increasing from 2,097.28 Cr to 3,474.16 Cr and profit before tax rising from 187.79 Cr to 509.04 Cr, despite some fluctuations in operational costs and a slight decline in consolidated net profit from Mar'24 to Mar'25. Total assets grew significantly from 2,509.10 Cr in Mar'20 to 3,731.46 Cr in Mar'25, while cash flow from operating activities improved from 213.00 Cr to 421.00 Cr.

Answer:<BR>The historical performance of Usha Martin shows a steady growth in net sales and profit over the years, with some fluctuations in specific metrics.<BR><BR>Breakdown:<BR>Usha Martin's net sales increased from 2,097.28 Cr in Mar'21 to 3,474.16 Cr in Mar'25, reflecting a consistent upward trend. Total operating income followed a similar pattern, rising from 2,097.28 Cr in Mar'21 to 3,474.16 Cr in Mar'25. However, the total expenditure also grew, from 1,818.03 Cr in Mar'21 to 2,877.10 Cr in Mar'25, indicating rising operational costs. Operating profit (PBDIT) saw an increase from 279.25 Cr in Mar'21 to 597.06 Cr in Mar'25, although it peaked in Mar'24 at 598.56 Cr. Profit before tax reached 509.04 Cr in Mar'25, up from 187.79 Cr in Mar'21, while profit after tax was 388.51 Cr in Mar'25, compared to 151.35 Cr in Mar'21. The consolidated net profit showed a slight decline from 423.96 Cr in Mar'24 to 407.39 Cr in Mar'25, despite an overall increase from 149.59 Cr in Mar'21. The company's total assets grew significantly from 2,509.10 Cr in Mar'20 to 3,731.46 Cr in Mar'25, while total liabilities also increased from 2,576.39 Cr in Mar'21 to 3,731.46 Cr in Mar'25. Cash flow from operating activities improved from 213.00 Cr in Mar'21 to 421.00 Cr in Mar'25, contributing to a closing cash balance of 260.00 Cr in Mar'25, up from 99.00 Cr in Mar'21.

Is Usha Martin technically bullish or bearish?

As of November 20, 2025, Usha Martin's trend is mildly bullish, supported by bullish MACD and Bollinger Bands, but tempered by mixed KST signals and a mildly bearish weekly trend according to Dow Theory.

As of 20 November 2025, the technical trend for Usha Martin has changed from bullish to mildly bullish. The current stance is mildly bullish, supported by a bullish MACD on both weekly and monthly time frames, and mildly bullish Bollinger Bands on both time frames. However, the KST shows a mixed signal with weekly bullishness and monthly mild bearishness, while Dow Theory indicates a mildly bearish weekly trend against a bullish monthly outlook. The daily moving averages also reflect a mildly bullish sentiment. Overall, the indicators suggest a cautious bullish outlook, tempered by some bearish signals in the longer-term analysis.

When is the next results date for Usha Martin Ltd?

The next results date for Usha Martin Ltd is January 29, 2026.

The next results date for Usha Martin Ltd is scheduled for January 29, 2026.

Are Usha Martin Ltd latest results good or bad?

Usha Martin Ltd's latest results show improved operating margins and an 8.70% increase in net profit, but revenue growth remains weak at 1.84% year-on-year, and the stock has declined by 2.07%. While operational efficiency is commendable, the mixed performance suggests caution for investors.

Usha Martin Ltd's latest results present a mixed picture. On one hand, the company achieved a significant improvement in operating margins, with the PBDIT margin rising to 19.06% from 16.30% in the previous quarter, marking the highest quarterly margin in recent periods. Additionally, the consolidated net profit increased by 8.70% quarter-on-quarter to ₹109.71 crores, and net sales grew by 2.30% to ₹907.56 crores.<BR><BR>However, despite these positive metrics, the company is facing challenges. The stock has recently declined by 2.07%, reflecting broader market concerns about valuation and growth momentum. Year-on-year revenue growth remains muted at just 1.84%, and the consolidated net profit showed virtually flat growth compared to the same quarter last year.<BR><BR>Overall, while Usha Martin's operational efficiency and margin expansion are commendable, the slowing revenue growth and recent stock performance suggest caution for investors. The results indicate a solid operational foundation but highlight the need for sustained revenue growth to maintain investor confidence.

Should I buy, sell or hold Usha Martin Ltd?

Why is Usha Martin Ltd falling/rising?

As of 16-Mar, Usha Martin Ltd's stock price is at 397.00, down 2.49%, and has underperformed significantly, losing 12.66% year-to-date compared to the Sensex's 11.40% decline. Despite a strong annual return of 28.58%, recent trends show negative investor sentiment and a downward trajectory.

As of 16-Mar, Usha Martin Ltd's stock price is falling, currently at 397.00, which reflects a decrease of 10.15 or 2.49%. The stock has been underperforming, having lost 6.65% over the last three days, and it is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock touched an intraday low of Rs 392.85, indicating significant downward pressure.<BR><BR>In terms of broader performance, Usha Martin has seen a decline of 12.66% year-to-date, which is worse than the Sensex's decline of 11.40% over the same period. Over the past month, the stock has also decreased by 4.34%, while the benchmark has fallen by 9.34%. Despite a strong performance over the past year, with a return of 28.58% compared to the Sensex's 2.27%, the recent trends suggest a negative sentiment among investors.<BR><BR>Moreover, today's performance indicates that the stock has underperformed its sector by 2.99%. While there has been an increase in delivery volume, suggesting some investor interest, the overall trend and moving averages indicate that the stock is currently in a downward trajectory.

Which are the latest news on Usha Martin?