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.

When is the next results date for Usha Martin?

Usha Martin will declare its results on 12 August 2025.

Usha Martin will declare its results on 12 August 2025.

Are Usha Martin latest results good or bad?

Usha Martin's latest results show an 8.70% increase in net profit and improved operating margins, indicating operational efficiency. However, declining promoter shareholding and high stock valuations raise concerns about the company's long-term prospects.

Usha Martin's latest results present a mixed picture. On one hand, the company reported a consolidated net profit of ₹109.71 crores for Q2 FY26, which is an 8.70% increase quarter-on-quarter. Additionally, the operating margin improved significantly to 19.06%, reflecting effective cost management and operational efficiency. This margin expansion is a positive indicator of the company's ability to convert revenue growth into profitability.<BR><BR>However, there are notable concerns beneath these positive metrics. The promoter shareholding has declined for the third consecutive quarter, now standing at 41.76%, which raises questions about insider confidence in the company. Furthermore, the stock is trading at a high valuation of 35 times trailing earnings, which is significantly above the sector average. This premium valuation, combined with the deceleration in revenue growth—only 1.84% year-on-year—suggests that the stock may be overvalued relative to its fundamentals.<BR><BR>In summary, while Usha Martin has shown improvements in profitability and operational metrics, the declining promoter stake and high valuations present significant risks. Investors should weigh these factors carefully when assessing the company's overall performance.

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.

Should I buy, sell or hold Usha Martin?

Why is Usha Martin falling/rising?

As of 03-Dec, Usha Martin Ltd's stock price is Rs 422.90, down 0.96%. Despite recent declines, the stock has strong long-term performance and positive financial indicators, suggesting potential for recovery.

As of 03-Dec, Usha Martin Ltd's stock price is currently at Rs 422.90, reflecting a decrease of Rs 4.1, or 0.96%. The stock has experienced a decline of 0.67% over the past week, which is slightly worse than the benchmark Sensex's decline of 0.59%. Over the past month, the stock has fallen significantly by 11.54%, while the Sensex has gained 1.34%. <BR><BR>Despite the recent downturn, the stock has shown strong performance year-to-date, with a gain of 12.55%, outperforming the Sensex's 8.92% increase. Additionally, over the past year, Usha Martin has achieved a return of 7.42%, again surpassing the Sensex's 5.27%. The long-term performance is particularly noteworthy, with a remarkable increase of 215.71% over three years and an astonishing 1511.05% over five years, both significantly better than the benchmarks.<BR><BR>Today's trading activity indicates a mixed sentiment; while the stock touched an intraday low of Rs 415.25, it has also seen a rise in investor participation, with delivery volume increasing by 8.74% compared to the five-day average. The stock is currently trading above its 5-day, 100-day, and 200-day moving averages, although it is below its 20-day and 50-day moving averages.<BR><BR>Positive factors contributing to the stock's potential resilience include high management efficiency, evidenced by a return on equity (ROE) of 16.59%, and a low debt-to-EBITDA ratio of 0.48, indicating a strong ability to service debt. The company reported its highest operating cash flow and cash equivalents in recent results, which further supports its financial health.<BR><BR>In summary, while Usha Martin's stock is currently experiencing a decline, its long-term performance remains strong, and positive financial indicators suggest potential for recovery.

Which are the latest news on Usha Martin?