| Quarterly Financials | Mar 2015 | Jun 2015 | Sept 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sept 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sept 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sept 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sept 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sept 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 |
Revenue  | 1,186 | 1,077 | 1,011 | 1,029 | 1,035 | 1,078 | 939 | 937 | 1,043 | 1,102 | 534 | 510 | 614 | 609 | 646 | 631 | 632 | 1,088 | 553 | 544 | 531 | 384 | 525 | 559 | 661 | 622 | 608 | 721 | 807 | 768 | 830 | 841 | 869 | 821 | 809 | 805 | 843 | 835 | 902 | 870 | 924 |
| Expenses | 1,051 | 944 | 945 | 902 | 983 | 903 | 791 | 824 | 966 | 980 | 560 | 582 | 563 | 557 | 580 | 619 | 770 | 507 | 479 | 478 | 484 | 339 | 447 | 483 | 552 | 524 | 509 | 612 | 660 | 641 | 705 | 707 | 701 | 669 | 640 | 640 | 678 | 672 | 730 | 718 | 757 |
| EBITDA | 135 | 133 | 66 | 127 | 52 | 175 | 149 | 113 | 77 | 123 | -26 | -72 | 51 | 53 | 66 | 12 | -137 | 581 | 74 | 66 | 48 | 46 | 78 | 76 | 109 | 98 | 99 | 109 | 147 | 127 | 125 | 134 | 167 | 152 | 169 | 165 | 166 | 163 | 172 | 152 | 167 |
| Operating Profit % | 10 % | 12 % | 6 % | 12 % | 4 % | 11 % | 14 % | 12 % | 5 % | 10 % | -6 % | -17 % | 2 % | 7 % | 8 % | 0 % | -23 % | 10 % | 11 % | 11 % | 6 % | 10 % | 14 % | 12 % | 16 % | 15 % | 14 % | 14 % | 14 % | 15 % | 14 % | 15 % | 18 % | 18 % | 18 % | 20 % | 18 % | 19 % | 18 % | 17 % | 16 % |
| Depreciation | 112 | 102 | 64 | 73 | 70 | 74 | 75 | 75 | 75 | 75 | 15 | 16 | 15 | 15 | 15 | 15 | 15 | 15 | 16 | 16 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 19 | 23 | 22 | 23 | 26 | 28 |
| Interest | 130 | 134 | 138 | 142 | 135 | 132 | 142 | 144 | 150 | 140 | 30 | 23 | 26 | 25 | 25 | 29 | 33 | 24 | 17 | 17 | 17 | 16 | 15 | 13 | 14 | 12 | 12 | 11 | 7 | 7 | 8 | 8 | 8 | 6 | 6 | 6 | 7 | 7 | 8 | 9 | 7 |
| Profit Before Tax | -107 | -103 | -136 | -89 | -153 | -32 | -68 | -107 | -148 | -93 | -71 | -110 | 10 | 12 | 25 | -33 | -185 | 542 | 42 | 33 | 14 | 13 | 46 | 45 | 78 | 69 | 69 | 81 | 123 | 103 | 100 | 110 | 142 | 129 | 145 | 140 | 136 | 135 | 141 | 118 | 133 |
| Tax | 23 | -30 | -33 | 1 | 9 | 1 | 0 | 3 | -1 | 4 | 2 | 1 | -3 | 1 | -0 | 2 | -233 | 159 | 12 | 25 | 14 | 4 | 9 | 8 | 11 | 10 | 12 | 13 | 14 | 21 | 21 | 26 | 37 | 28 | 35 | 32 | 30 | 31 | 32 | 25 | 32 |
| Net Profit | -130 | -73 | -102 | -89 | -162 | -32 | -68 | -109 | -148 | -97 | -73 | -111 | 13 | 11 | 25 | -36 | 48 | 383 | 30 | 8 | 1 | 9 | 38 | 37 | 68 | 58 | 58 | 67 | 109 | 82 | 79 | 84 | 105 | 101 | 110 | 108 | 106 | 104 | 109 | 92 | 101 |
| EPS in ₹ | -4.28 | -2.40 | -3.37 | -2.93 | -5.30 | -1.06 | -2.24 | -3.61 | -4.87 | -3.20 | -2.41 | -3.66 | 0.37 | 0.39 | 0.84 | -1.23 | 1.57 | 12.56 | 0.96 | 0.22 | 0.01 | 0.27 | 1.19 | 1.23 | 2.23 | 1.90 | 1.89 | 2.20 | 3.57 | 2.69 | 2.59 | 2.76 | 3.46 | 3.31 | 3.59 | 3.53 | 3.49 | 3.42 | 3.59 | 3.04 | 3.32 |
Usha Martin
315.00
+4.00
(1.29%)
Market Cap
9,599.40 Cr
EPS
13.92
PE Ratio
23.58
Dividend Yield
0.95 %
Industry
Industrial Products52 Week High
451.00
52 Week Low
278.55
PB Ratio
3.49
Debt to Equity
0.18
Sector
Iron & Steel Products
Investment Returns
In Long Term
In Short Term
1 Year
0.00%
2 Years
0.00%
3 Years
0.00%
4 Years
0.00%
5 Years
0.00%
Analyst Rating
- By Refinitiv from1 analysts
Peer Comparison Compare Peers on Screener
Competitors | LTP | Market Cap (₹ Cr.) | P/E Ratio | Revenue (₹ Cr.) | YoY Revenue Growth % | Net Profit (₹ Cr.) | YoY Profit Growth % | RSI |
|---|---|---|---|---|---|---|---|---|
1,769.80 | #1 49,116.30 | 64.99 | 18,193.70 | 12.22 | 732 | 72.01 | 42.89 | |
915.10 | 24,007.60 | 15.88 | 17,582.10 | #1 74.46 | 1,136 | #1 143.37 | 57.39 | |
826.35 | 23,066.10 | 25.41 | 13,354.20 | 4.64 | 1,029 | 0.09 | 37.76 | |
2,834.00 | 19,864.10 | 36.84 | 5,132.30 | 13.87 | 625 | 5.23 | 50.01 | |
239.52 | 15,317.50 | #1 8.74 | #1 20,947.80 | -0.84 | #1 1,458 | -81.91 | 56.45 | |
506.40 | 12,218.50 | 30.55 | 4,234.00 | 4.29 | 225 | 21.91 | 67.75 | |
179.76 | 12,025.50 | 14.82 | 5,553.30 | -5.19 | 936 | 1.28 | 38.40 | |
315.00 | #8 9,599.40 | #6 23.58 | #10 3,265.50 | #8 -0.92 | #9 424 | #8 -5.08 | 53.40 | |
674.05 | 9,032.20 | 11.60 | 5,546.30 | -4.52 | 952 | 10.99 | 45.53 | |
122.19 | 7,553.60 | 10.66 | 7,580.30 | 2.99 | 740 | -25.89 | 59.39 |
Forecast
Actual
Growth Rate
Revenue Growth
-0.92 %
Net Income Growth
20.96 %
Cash Flow Change
76.41 %
ROE
3.25 %
ROCE
3.57 %
EBITDA Margin (Avg.)
19.05 %
Quarterly Financial Results
Balance Sheet
| Balance Sheet | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Total Assets | 8,306 | 7,787 | 7,738 | 7,454 | 7,011 | 2,564 | 2,605 | 2,743 | 3,087 | 3,330 |
| Fixed Assets | 5,477 | 5,323 | 5,031 | 4,862 | 935 | 956 | 932 | 913 | 952 | 1,153 |
| Current Assets | 2,656 | 2,262 | 2,377 | 2,251 | 1,212 | 1,297 | 1,379 | 1,590 | 1,749 | 1,789 |
| Capital Work in Progress | 132 | 147 | 121 | 113 | 13 | 33 | 45 | 38 | 139 | 166 |
| Investments | 0 | 37 | 37 | 39 | 42 | 44 | 49 | 56 | 66 | 56 |
| Other Assets | 2,697 | 2,280 | 2,549 | 2,441 | 6,021 | 1,532 | 1,580 | 1,735 | 1,930 | 1,955 |
| Total Liabilities | 8,306 | 7,787 | 7,738 | 7,454 | 7,011 | 2,564 | 2,605 | 2,743 | 3,087 | 3,330 |
| Current Liabilities | 3,571 | 3,319 | 3,798 | 3,820 | 1,860 | 856 | 811 | 705 | 709 | 616 |
| Non Current Liabilities | 2,944 | 3,069 | 2,962 | 2,874 | 4,337 | 443 | 388 | 341 | 343 | 330 |
| Total Equity | 1,791 | 1,400 | 979 | 761 | 814 | 1,265 | 1,407 | 1,697 | 2,035 | 2,384 |
| Reserve & Surplus | 1,698 | 1,305 | 914 | 697 | 752 | 1,197 | 1,373 | 1,663 | 2,000 | 2,349 |
| Share Capital | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 | 31 |
Cash Flow
| Cash Flow | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| Net Cash Flow | -100 | -20 | -5 | 7 | -2 | 50 | 2 | 55 | -4 | -0 |
| Investing Activities | -563 | -385 | -29 | -35 | -3 | 2,942 | -34 | 57 | -155 | -285 |
| Operating Activities | 729 | 856 | 686 | 914 | 974 | 212 | 214 | 159 | 252 | 444 |
| Financing Activities | -266 | -491 | -663 | -872 | -973 | -3,105 | -178 | -161 | -101 | -159 |
Share Holding
| % Holding | Mar 2021 | Jun 2021 | Sept 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sept 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 |
| Promoter | 50.87 % | 50.50 % | 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 % |
| FIIs | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 0.00 % | 12.04 % | 12.94 % | 14.79 % | 14.19 % | 14.61 % | 14.29 % | 14.25 % |
| DIIs | 0.06 % | 0.06 % | 0.06 % | 0.05 % | 0.05 % | 0.05 % | 0.05 % | 0.84 % | 2.15 % | 3.49 % | 3.92 % | 3.52 % | 3.78 % | 5.08 % | 7.45 % | 8.15 % | 9.26 % |
| Government | 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 % | 0.00 % | 0.00 % | 0.00 % |
| Public / Retail | 24.59 % | 24.82 % | 26.68 % | 26.73 % | 26.71 % | 24.32 % | 24.76 % | 24.32 % | 23.11 % | 22.57 % | 21.25 % | 21.05 % | 20.38 % | 20.73 % | 19.33 % | 19.66 % | 18.25 % |
| Others | 24.49 % | 24.62 % | 23.13 % | 23.43 % | 23.97 % | 26.58 % | 26.50 % | 26.54 % | 26.48 % | 26.07 % | 15.27 % | 15.08 % | 15.00 % | 14.89 % | 15.07 % | 14.42 % | 14.34 % |
| No of Share Holders | 49,394 | 68,330 | 63,379 | 65,074 | 62,397 | 65,584 | 66,901 | 66,047 | 66,393 | 71,454 | 76,482 | 81,195 | 85,447 | 1,00,100 | 1,11,193 | 1,50,403 | 1,18,564 |
Dividend History
Dividends per share (FY)
Dividend yield (FY) %
Dividends per share (FY)
Dividend yield (FY) %
| Annual Cash Flows | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2 | 2.5 | 2.75 | 0.00 |
| Dividend Yield (%) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.92 | 0.79 | 0.82 | 0.00 |
Corporate Action
| Record Date | Corporate Action | Information | Announcement Day | LTP at Annoucement | LTP at Record Day |
|---|---|---|---|---|---|
| 12 May 2025 |  Quarterly Result Announcement | NA | 12 May 2025 | 303.25 | 296.25 |
| 29 Jan 2025 | Quarterly Result Announcement | NA | 29 Jan 2025 | 357.85 | 331.20 |
| 06 Nov 2024 | Quarterly Result Announcement | NA | 06 Nov 2024 | 410.70 | 421.85 |
| 13 Aug 2024 |  Annual General Meeting | NA | 13 Aug 2024 | 389.05 | 336.00 |
| 06 Aug 2024 |  Dividend | ₹ 2.75 /share | 06 Aug 2024 | 364.05 | 348.60 |
| 03 Aug 2023 | Dividend | ₹ 2.50 /share | 03 Aug 2023 | 211.55 | 331.40 |
| 21 Jul 2022 | Dividend | ₹ 2.00 /share | 20 Jul 2022 | 150.90 | 126.25 |
Announcements
Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - KYC Updation Letters To Shareholders Holding Shares In Physical Mode
2 hours ago
2 hours agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20112 days ago
2 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20112 days ago
2 days agoIntimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015 - ESG Rating3 days ago
3 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20113 days ago
3 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20115 days ago
5 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20118 days ago
8 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20118 days ago
8 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 20119 days ago
9 days agoDisclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 09, 2025
Jun 09, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 06, 2025
Jun 06, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 03, 2025
Jun 03, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Jun 02, 2025
Jun 02, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011May 28, 2025
May 28, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011May 27, 2025
May 27, 2025Compliances-Reg.24(A)-Annual Secretarial ComplianceMay 26, 2025
May 26, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011May 23, 2025
May 23, 2025Clarification On Increase In Volume Of The Security Of The Company.May 20, 2025
May 20, 2025Clarification sought from Usha Martin LtdMay 20, 2025
May 20, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011May 20, 2025
May 20, 2025Announcement under Regulation 30 (LODR)-Earnings Call TranscriptMay 17, 2025
May 17, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - OutcomeMay 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Newspaper PublicationMay 13, 2025
May 13, 2025Announcement under Regulation 30 (LODR)-Investor PresentationMay 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseMay 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Change in ManagementMay 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Code of Conduct under SEBI (PIT) Regulations 2015May 12, 2025
May 12, 2025Corporate Action-Board approves DividendMay 12, 2025
May 12, 2025Results For Quarter And Financial Year Ended 31St March 2025May 12, 2025
May 12, 2025Board Meeting Outcome for Outcome Of Board Meeting Held On 12Th May 2025May 12, 2025
May 12, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMay 06, 2025
May 06, 2025Board Meeting Intimation for Considering Approval Of Audited Financial Results (Standalone And Consolidated) Of The Company For The Quarter And Year Ended 31St March 2025 And Recommendation Of Dividend For The Financial Year Ended 31St March 2025May 05, 2025
May 05, 2025Announcement under Regulation 30 (LODR)-Resignation of DirectorApr 30, 2025
Apr 30, 2025Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Apr 11, 2025
Apr 11, 2025Closure of Trading WindowMar 26, 2025
Mar 26, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 26, 2025
Mar 26, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 25, 2025
Mar 25, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 24, 2025
Mar 24, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 24, 2025
Mar 24, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 21, 2025
Mar 21, 2025Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationMar 20, 2025
Mar 20, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 19, 2025
Mar 19, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Mar 06, 2025
Mar 06, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Mar 03, 2025
Mar 03, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 19, 2025
Feb 19, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 14, 2025
Feb 14, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Feb 06, 2025
Feb 06, 2025Intimation Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Feb 05, 2025
Feb 05, 2025Disclosures under Reg. 29(2) of SEBI (SAST) Regulations 2011Feb 05, 2025
Feb 05, 2025Technical Indicators
RSI(14)
Neutral 53.40
ATR(14)
Volatile 9.30
STOCH(9,6)
Neutral 48.04
STOCH RSI(14)
Neutral 71.25
MACD(12,26)
Bullish 0.28
ADX(14)
Weak Trend 10.75
UO(9)
Bearish 53.05
ROC(12)
Uptrend And Accelerating 2.56
WillR(14)
Neutral -27.84
Mutual Fund Holdings
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Axis Nifty 500 Index Fund Direct-Growth 
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Mirae Asset Nifty Total Market Index Fund Direct-Growth 
Bandhan Nifty Smallcap 250 Index Fund Direct-Growth About Usha Martin
Usha Martin Limited is an India-based specialty steel wire rope solutions provider and manufacturer of wires, low relaxation prestressed concrete steel strand (LRPC), end-fitments, accessories, and related services. The company operates in two main segments: Wire and Wire Ropes, and Others. The Wire and Wire Ropes segment manufactures and sells steel wires, strands, wire ropes, cord, accessories, and wire drawing machinery. The Others segment produces jelly filled and optical fiber telecommunication cables. Usha Martin has manufacturing facilities in India, Thailand, United Kingdom, United States, and Dubai. The company offers various types of wire ropes for industries such as crane, mining, elevator, oil and offshore, fishing, general engineering, aerial transportation, structural, and conveyor applications. Their product range also includes different types of LRPC strands. In 2019, Usha Martin sold its Steel Business Undertaking, which included steel manufacturing facilities, iron ore mine, coal mine, and captive power plants.
Website
Chairperson NameVijay Singh Bapna
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