Usha Martin
448.55
-3.55(-0.79%)
Market Cap₹13,669.19 Cr
PE Ratio34.09
Company Performance:
1D-0.79%
1M+7.59%
6M+44.62%
1Y+20.29%
5Y+1,473.86%
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More news about Usha Martin
20Nov 25
Usha Martin Ltd Sees Shareholding Changes: Rajeev Jhawar Increases Stake, Vineeta Ruia Reduces Holdings
Rajeev Jhawar increased his stake in Usha Martin Ltd from 0.93% to 1.34% through a gift transaction of 12,50,000 shares. Promoter Vineeta Adityakumar Ruia reduced her holdings from 0.42% to 0.01% by disposing of 12,50,000 shares via gift. Both transactions were disclosed in compliance with SEBI regulations. The company's total equity capital remains unchanged at 30.47 crore shares.
14Nov 25
Usha Martin Reports Strong Q2 FY26 Performance with 19.1% EBITDA Margin and Net Cash Position
Usha Martin Limited reported robust Q2 FY26 results with consolidated revenue of ₹908 crore and EBITDA of ₹173 crore. The company turned net cash positive at ₹111 crore, repaying ₹157 crore debt. Wire Rope segment grew 2.60% YoY, Wires segment up 14.20% YoY, while LRPC declined 26.00% YoY. Operating cash flows reached ₹390 crore with 123.00% EBITDA to cash conversion. Despite financial improvements, volume growth was below expectations in rope and LRPC segments. The company expects higher throughput and growth in H2 FY26.
08Nov 25
Usha Martin Reports Steady Q2 Performance with Revenue Growth and Ongoing Legal Proceedings
Usha Martin Limited, a wire rope manufacturer, maintained its Q2 net profit at 1.10 billion rupees, with revenue increasing 1.8% to 9.07 billion rupees. EBITDA rose 7.5% to 1.73 billion rupees, and EBITDA margin improved to 19.06%. The company disclosed ongoing legal proceedings, including land attachments under PMLA and CBI charges, but operations remain unaffected.
07Nov 25
Usha Martin's USD 5 Million Corporate Guarantee Released by Export Import Bank of India
Usha Martin Limited announced that the Export Import Bank of India has released a $5 million corporate guarantee issued for its subsidiary, Brunton Wire Ropes FZ Co., UAE. The guarantee, originally issued in August 2023, was formally released on November 7, 2025. This development was disclosed in compliance with SEBI regulations and may impact Usha Martin's financial position and liabilities.
31Oct 25
Usha Martin Sets Q2 & H1 FY26 Earnings Call for November 10, 2025
Usha Martin, a global leader in specialty wire rope solutions, has announced its Q2 and H1 FY26 earnings conference call for November 10, 2025, at 10:30 AM IST. The call will discuss results for the quarter and half-year ended September 30, 2025. Senior management will lead the call, which includes a management discussion and Q&A session. Multiple access options are provided, including universal dial-in numbers and international access numbers. Financial results will be available on the company's website from November 8, 2025.
14Oct 25
Usha Martin's Ranchi Site Achieves EcoVadis Bronze Medal for Sustainability
Usha Martin Limited's Ranchi site has received a Bronze Medal from EcoVadis, a global sustainability rating provider, with an overall score of 63 out of 100. The company officially disclosed this information to stock exchanges on October 14th, 2025, in compliance with SEBI regulations. Manish Agarwal, Company Secretary & Compliance Officer, confirmed the achievement, which reflects Usha Martin's commitment to sustainable practices across environmental performance, labor rights, ethics, and procurement.
19Sept 25
Usha Martin Promoter Stuti Jhawar Boosts Stake with 15,000 Share Purchase
Stuti Jhawar, a promoter group member of Usha Martin, acquired 15,000 equity shares through open market transactions on NSE. This increased her shareholding from 12,60,000 shares (0.41%) to 12,75,000 shares (0.42%). The transaction was disclosed in compliance with SEBI regulations.
18Sept 25
Usha Martin Promoter Stuti Jhawar Increases Stake Through Open Market Purchase
Stuti Jhawar, a promoter of Usha Martin, acquired 10,000 equity shares through open market transactions on the NSE, increasing her total shareholding to 12,60,000 shares. Despite the purchase, her overall stake remains at 0.41% of the total voting capital. The transaction was disclosed in compliance with SEBI regulations. On the same day, Usha Martin responded to a BSE query about increased trading volume, affirming compliance with disclosure requirements and stating no pending information that could influence share price or volume.
12Sept 25
Usha Martin Promoter Peterhouse Investments Reduces Stake by 0.05%
Peterhouse Investments Limited, a promoter of Usha Martin Limited, has reduced its stake in the company. The firm sold 150,000 equity shares through open market transactions on the NSE on September 10. This sale decreased Peterhouse's shareholding from 1.46% to 1.41% of Usha Martin's total share capital, a reduction of 0.05%. Peterhouse still holds 4,300,000 shares and 185,691 Global Depository Receipts (GDRs) convertible to 928,455 equity shares. Usha Martin's total equity share capital remains unchanged at 30,47,41,780 shares.
10Sept 25
Usha Martin Promoter Peterhouse Investments Trims Stake by 0.07%
Peterhouse Investments Limited, a promoter of Usha Martin Limited, sold 200,000 equity shares through open market transactions on NSE. This reduced Peterhouse's stake from 1.53% to 1.46% of Usha Martin's total share capital. Peterhouse still holds 4,450,000 equity shares and 185,691 GDRs convertible to 928,455 shares. The transaction was disclosed as per SEBI regulations.
06Sept 25
Usha Martin Appoints KFin Technologies as New Registrar and Share Transfer Agent
Usha Martin Limited's Board of Directors has approved the appointment of KFin Technologies Limited as its new Registrar and Share Transfer Agent, replacing MCS Share Transfer Agent Limited. KFin Technologies, India's largest registrar, offers advanced technological infrastructure and expertise in investor servicing. The transition will be executed through a structured process, including a tripartite agreement. This move aims to enhance efficiency in share-related activities and improve shareholder services.
21Aug 25
Usha Martin Inks Land Sale Deal for 29.52 Crore Rupees
Usha Martin, a wire rope manufacturer, has signed an agreement to sell 10.11 acres of leasehold land in Sriperumbudur, Tamil Nadu, to UGP Engineering Private Limited for ₹29.52 crore. The sale includes structures, plant, and machinery on the property. This move aligns with Usha Martin's strategy to divest non-core assets and focus on its primary wire rope business. The transaction is not a related party deal and complies with SEBI regulations.
19Aug 25
Usha Martin Reports 7.4% Revenue Growth in Q1, Maintains Cautious Optimism Amid Global Challenges
Usha Martin's consolidated revenue increased by 7.4% year-on-year to Rs. 887.00 crore in Q1. Wire ropes segment grew by 7.9%, wire segment by 32.3%, while LRPC segment declined by 3.4%. Operating EBITDA was Rs. 145.00 crore with a 16.3% margin. Net profit slightly decreased to Rs. 101.00 crore from Rs. 104.00 crore in the previous year. The company achieved a net cash position of Rs. 14.00 crore, improving from a net debt of Rs. 63.00 crore in the previous quarter. A new capacity expansion of 40,000 tons is underway. The company faces challenges from US tariffs but remains optimistic about passing costs to customers and has secured a significant US tender.
12Aug 25
Usha Martin Reports Robust Q1 Performance, Advances 'One Usha Martin' Strategy
Usha Martin Limited posted consolidated revenue of Rs. 887.20 crore in Q1 FY24, up 7.40% year-on-year, driven by a 10.40% increase in sales volumes. Operating EBITDA was Rs. 144.60 crore with a 16.30% margin, and net profit reached Rs. 100.80 crore. The Wire and Wire Ropes segment saw revenues rise to Rs. 870.75 crore. The company is progressing with its 'One Usha Martin' transformation strategy and expanding its Ranchi facility. Usha Martin has achieved a net debt-free position and maintains a strong global presence with 57% of revenue coming from international business.
12May 25
Usha Martin Reports Q4 FY23 Financial Results: Revenue Up, EBITDA Down
Usha Martin, a steel wire rope manufacturer, released Q4 FY2023 results showing an 8.08% increase in revenue to ₹8.96 billion, but a 14.14% decrease in net profit to ₹92.30 crore. EBITDA fell to ₹1.39 billion, with margins declining to 15.58%. Despite challenges, the company declared a dividend of ₹3.00 per share.
Usha Martin
448.55
-3.55
(-0.79%)
1 Year Returns:+20.29%
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