Usha Martin Ltd

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.

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.

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-Nov, Usha Martin Ltd's stock price is 448.10, down 4.12% and has underperformed its sector by 3.57%. Despite a strong year-to-date return, recent declines in delivery volume and a reduction in promoter stake indicate investor concerns and a lack of confidence in the company's future prospects.

As of 10-Nov, Usha Martin Ltd's stock price is at 482.75, having recently reached a 52-week high and outperformed its sector. Despite strong financials and momentum, a decline in investor participation and an expensive valuation raise concerns about future confidence.

As of November 7, 2025, Usha Martin is considered very expensive and overvalued with a PE ratio of 35.28, an EV to EBITDA of 24.51, and a Price to Book Value of 5.18, despite outperforming the Sensex year-to-date.

Usha Martin has shown steady growth in net sales and profitability, with consolidated net sales increasing from INR 2,097.28 crore in March 2021 to INR 3,474.16 crore in March 2025, and profit after tax reaching INR 388.51 crore in March 2025. The company's total assets also rose significantly, reflecting a robust financial performance overall.

Usha Martin's latest Q2 FY26 results show mixed performance, with a 2.30% increase in net sales and an 8.70% rise in net profit, but concerns remain due to declining promoter shareholding and high valuation levels. Overall, while operational metrics are improving, caution is advised regarding future governance and stock performance.

As of November 7, 2025, Usha Martin is considered very expensive with a high PE ratio of 35.28 and other premium valuation metrics, suggesting that investors may be overpaying despite strong year-to-date returns of 24.55%.

As of November 7, 2025, Usha Martin is considered very expensive and overvalued with a high PE ratio of 35.28, despite strong stock performance, particularly when compared to peers like JSW Steel and Tata Steel.

As of November 6, 2025, Usha Martin is considered expensive with a PE Ratio of 34.68 and an EV to EBITDA of 24.10, indicating overvaluation despite strong stock performance, as it has outpaced the Sensex with a year-to-date return of 22.42%.

As of November 3, 2025, Usha Martin is considered very expensive and overvalued with a PE ratio of 36.04, significantly higher than its peers, despite outperforming the Sensex with a year-to-date return of 27.21%.

As of October 17, 2025, Usha Martin is considered overvalued with a valuation grade of expensive, a PE Ratio of 34.41, and a YTD return of 21.45%, outperforming the Sensex despite higher ratios compared to peers like JSW Steel and Tata Steel.

As of October 17, 2025, Usha Martin is considered overvalued with a PE ratio of 34.41 and a valuation grade of expensive, despite strong past performance, as it trades at a premium compared to peers like Tata Steel and Jindal Steel.