USHAMART · NSE
Usha Martin Limited
₹507.2
+2.33% (+₹11.55)
Prev. close
₹495.65
Volume
15,88,391
Delivery %
56.0%
As of
18 Sept 2026
Price history
No analyst calls on this stock in the last 90 days yet.
Explore by date range →Analyst opinions
Fundamentals
About Usha Martin Limited
Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, wire drawing and allied machine, cord, and 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 cords. It also provides spring, welding, fencing, ACSR, needle, mesh, fishhook, CHQ, spoke, and brush wires; LRPC strands comprising compacted, indented, un-bonded polymer coated, and bonded polymer LRPC strands; and wire drawing, tabular stranding, planetary stranding, bunching, and wire treatment machines. In addition, the company offers pre-tensioning, and post-tensioning solutions; prestressing solutions; and optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. It serves engineering, construction, infrastructure and structural, oil and offshore, crane, auto, elevator, utilities, mining, and fishing industries. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India.
Details
Sector
Basic Materials
Industry
Steel
CEO
Mr. Rajeev Jhawar
Headquarters
Kolkata
Employees
2,234
Website
ushamartin.comExchange
View on NSE ↗Key stats
Market cap
₹15,439.18 Cr
P/E ratio (TTM)
28.0
Dividend yield
0.76%
EPS (TTM)
₹18.09
Beta (1Y · daily vs NIFTY 50)
1.11
Beta (5Y · monthly vs NIFTY 50)
0.90
Shares float
12.86 Cr
EPS · quarter ended Jun 2026
₹4.66
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2,097.28 Cr | ₹2,688.07 Cr | ₹3,267.76 Cr | ₹3,225.20 Cr | ₹3,474.16 Cr | ₹3,691.06 Cr | |
| EBITDA | ₹312.56 Cr | ₹450.09 Cr | ₹550.98 Cr | ₹647.99 Cr | ₹651.48 Cr | ₹773.95 Cr |
| ₹149.59 Cr | ₹291.27 Cr | ₹350.14 Cr | ₹423.96 Cr | ₹407.39 Cr | ₹465.99 Cr | |
| Diluted EPS | ₹4.91 | ₹9.56 | ₹11.51 | ₹13.92 | ₹13.37 | ₹15.29 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹2,605.29 Cr | ₹2,742.88 Cr | ₹3,086.83 Cr | ₹3,330.13 Cr | ₹3,747.94 Cr | ₹4,211.82 Cr | |
| — | ₹411.39 Cr | ₹416.54 Cr | ₹363.83 Cr | ₹416.71 Cr | ₹228.57 Cr | |
| Stockholders' equity | ₹1,403.50 Cr | ₹1,693.67 Cr | ₹2,030.76 Cr | ₹2,379.67 Cr | ₹2,751.88 Cr | ₹3,301.93 Cr |
Fixed assets, Others, Total debt, Long-term debt, Current (short-term) debt have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹213.70 Cr | ₹158.57 Cr | ₹251.59 Cr | ₹443.84 Cr | ₹421.76 Cr | ₹655.34 Cr | |
| Investing cash flow | ₹-34.45 Cr | ₹55.74 Cr | ₹-157.69 Cr | ₹-287.14 Cr | ₹-223.24 Cr | ₹-366.67 Cr |
| ₹-177.49 Cr | ₹-160.59 Cr | ₹-101.09 Cr | ₹-159.33 Cr | ₹-91.49 Cr | ₹-321.49 Cr | |
| Capital expenditure | ₹-37.07 Cr | ₹-51.12 Cr | ₹-182.33 Cr | ₹-277.62 Cr | ₹-244.65 Cr | ₹-198.06 Cr |
| End cash position | ₹99.46 Cr | ₹154.38 Cr | ₹150.16 Cr | ₹149.78 Cr | ₹260.72 Cr | ₹241.84 Cr |
Debt issued, Debt repaid have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21 | Dec 21 | Mar 22 | Jun 22 | Sep 22 | Dec 22 | Mar 23 | Jun 23 | Sep 23 | Dec 23 | Mar 24 | Jun 24 | Sep 24 | Dec 24 | Mar 25 | Jun 25 | Sep 25 | Dec 25–Mar 26(2Q) | Jun 26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 50.13% | 49.79% | 49.26% | 49.04% | 48.70% | 48.30% | 48.26% | 47.88% | 47.51% | 47.41% | 46.05% | 45.11% | 43.54% | 43.48% | 43.89% | 42.45% | 41.76% | 40.52% | 40.28% |
| Public | 49.87% | 50.21% | 50.74% | 50.96% | 51.30% | 51.70% | 51.74% | 52.12% | 52.49% | 52.59% | 53.95% | 54.89% | 56.46% | 56.52% | 56.04% | 57.49% | 58.18% | 59.37% | 59.60% |
| Employee trusts | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.06% | 0.06% | 0.06% | 0.11% | 0.11% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Usha Martin Limited | ₹15,439.18 Cr | ₹507.2 | 28.0 | 4.68 | 14.1% | 0.07 | +6.3% | +22.0% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 29
Concall transcripts
Show all 12
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
26 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.