Latest news about Usha Martin
Usha Martin
491.70
-6.95(-1.39%)
Company Performance:
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1M-0.15%
6M+25.61%
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5Y+473.41%
More news about Usha Martin
11Sept 26
Peterhouse Investments sells 150,000 Usha Martin shares in open market
Peterhouse Investments sold 150,000 Usha Martin shares on NSE. Promoter group stake reduced from 0.85% to 0.80%. Holding dropped from 2.6 million to 2.45 million shares. 185,691 GDRs remain unconverted.
03Sept 26
Usha Martin schedules analyst and investor meeting on September 8
Usha Martin has scheduled an analyst and investor meeting on September 8. The meeting will provide analysts and investors an opportunity to engage with the company's management.
21Aug 26
Usha Martin discloses voluntary Crisil ESG rating of 54
Usha Martin received a voluntary ESG rating of 54 from Crisil. The Core ESG rating stands at 58 for FY25-26 data. The assessment was conducted independently without company engagement. Disclosure made under SEBI Listing Regulations Regulation 30.
20Aug 26
Usha Martin AGM voting results show institutional dissent on board appointments
Usha Martin declared a final dividend of ₹3.75 per share for FY26 at its 40th AGM. All 12 resolutions passed, including adoption of financials and auditor appointments. Institutional investors opposed MD remuneration and two independent director reappointments. Promoter group voted unanimously in favor of all resolutions. 968 members voted, with 944 using remote e-voting.
03Aug 26
Usha Martin posts 44% EBITDA surge in Q1FY27 on mix shift
Usha Martin Limited achieved strong Q1 FY27 results with revenue growing 16.4% to ₹1,033 crore and EBITDA surging 44% to ₹208 crore. Driven by a shift to high-value products and effective cost pass-throughs, EBITDA margins expanded to 20.1%. The company reported PAT of ₹142 crore and robust cash generation, supported by a net cash position of ₹465 crore.
29Jul 26
Usha Martin publishes 40th AGM notice, confirms Aug 20 meeting
Usha Martin Limited has published its 40th AGM notice, scheduling the meeting for August 20, 2026. The Board recommends a ₹3.75 per share final dividend for FY26, backed by consolidated revenue growth of 6.2% to ₹3,691 crore and an 18.1% rise in operating EBITDA to ₹705 crore. Shareholders can vote remotely via NSDL between August 17 and 19, 2026.
28Jul 26
Usha Martin Q1FY27 net profit rises 41% to ₹142 crore on margin expansion
Usha Martin's Q1FY27 results show a 40.9% surge in consolidated net profit to ₹142 crore, fueled by 16.4% revenue growth and improved margins. Standalone PAT also grew significantly to ₹97.6 crore. The company strengthened its balance sheet with ₹465 crore in net cash, despite ongoing legal proceedings.
27Jul 26
Usha Martin Ltd discloses FY26 BRSR with SGS assurance
Usha Martin Limited’s FY26 BRSR reveals a 2.2 MWp solar installation at Ranchi and voluntary CSR spending of ₹2.89 crore. SGS India provided reasonable assurance on core ESG indicators. The company also reported minor GST penalties totaling ₹2.05 lakh and highlighted progress in water stewardship and waste management.
27Jul 26
Usha Martin Q1 Results: Net Profit Rises to ₹1.42B, EBITDA Margin at 20.62% YoY
Usha Martin reported Q1 consolidated net profit of ₹1.42B, up from ₹1B YoY. Revenue increased to ₹10.33B from ₹8.87B in the year-ago period. EBITDA rose to ₹2.13B from ₹1.49B, with the EBITDA margin expanding to 20.62% from 16.81% YoY, reflecting improved operational efficiency.
23Jul 26
Usha Martin to Host Q1 FY27 Earnings Call on July 28 at 10:30 AM IST
Usha Martin Limited has scheduled a Q1 FY27 analyst and investor conference call for July 28, 2026, at 10:30 AM IST, one day after its planned results declaration on July 27, 2026. The call, led by senior management, will cover quarterly performance and include a Q&A session, with dial-in access provided for Hong Kong, Singapore, the UK, and the USA.
18Jul 26
Usha Martin fixes record date Aug 13 for FY26 dividend
Usha Martin Limited has announced August 13, 2026, as the record date to determine eligibility for the dividend for the financial year ended March 31, 2026. The payout is contingent upon shareholder approval at the 40th Annual General Meeting, scheduled for August 20, 2026, via video conferencing. The company will send the AGM notice and annual report electronically, with NSDL facilitating e-voting for members as of the record date.
07Jul 26
Usha Martin promoters confirm no share encumbrance in FY26
Usha Martin Ventures Limited confirmed that it and other promoter group members did not encumber any shares during the financial year ended March 31, 2026. The disclosure was submitted to NSE, BSE, and Societe de la Bourse de Luxembourg in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
03Jun 26
Usha Martin promoter group confirms no share encumbrance in FY26
Usha Martin Limited's promoter group confirmed that no encumbrance was created on shares held by them during the financial year ended March 31, 2026. The disclosure was submitted to the stock exchanges in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers promoters, the promoter group, and persons acting in concert.
28May 26
Usha Martin appoints MSKA & Associates LLP as statutory auditors
Usha Martin Limited’s Board approved the appointment of M/s. MSKA & Associates LLP as statutory auditors for five years, replacing M/s. S R Batliboi & Co. LLP. Additionally, the Board re-appointed Mr. Venkatachalam Ramakrishna Iyer and Mr. Sethuratham Ravi as Independent Directors and appointed Ms. Shreya Jhawar, Mr. Dimitri Bracco Gartner, and Mr. Sabyasachi Majumder as Additional Directors.
23May 26
Usha Martin to attend 360 ONE Capital conference on May 27
Usha Martin Limited will participate in the 360 ONE Capital 16th Annual Investor Conference - TRINITY INDIA 2026, scheduled for May 27, 2026, in Mumbai. The company stated that discussions will be based on publicly available information and no unpublished price sensitive information will be shared.
13May 26
Peterhouse Investments Sells 519,344 Usha Martin Shares, Stake Falls to 0.85%
Peterhouse Investments Limited, a promoter group entity, disclosed the sale of 519,344 equity shares (0.17%) of Usha Martin Limited on 12.05.2026 and 13.05.2026 through the open market on NSE, under SEBI Takeover Regulations. Following the transaction, Peterhouse's shareholding decreased from 1.02% (3,119,344 shares) to 0.85% (2,600,000 shares), while Usha Martin's total share capital remained unchanged at 30,47,41,780 shares.
09May 26
Usha Martin Q4 & FY26: Record EBITDA, Debt-Free Status, Growth Outlook
Usha Martin Limited reported strong Q4 and FY26 results with consolidated revenue of INR 3,691 crore and record Q4 EBITDA of INR 212 crore. The company achieved a debt-free status with a net cash position of INR 332 crore, driven by cost savings and operational efficiencies. Management projects 10-12% volume growth and plans INR 300 crore capex over the next two years to expand capacity.
03May 26
Usha Martin FY26 Results: Revenue Rs 3,691cr, 375% Dividend, Earnings Call Available
Usha Martin Limited delivered exceptional FY26 performance with consolidated revenue growing 6.20% to Rs 3,691.06 crore and net profit surging 20.90% to Rs 491.20 crore. The Board recommended a 375% dividend of Rs 3.75 per share and the company has made its earnings conference call recording available on its website for stakeholder transparency.
07Apr 26
Usha Martin Limited Submits Q4FY26 Regulatory Compliance Certificate to Stock Exchanges
Usha Martin Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) with stock exchanges NSE, BSE, Luxembourg Stock Exchange, and depositories NSDL and CDSL on April 6, 2026. KFin Technologies Limited, the company's registrar, certified proper handling of dematerialization processes, confirming security certificates were mutilated after verification and depository names substituted in member registers within regulatory timeframes.
26Feb 26
Usha Martin Limited Responds to BSE Query on Trading Volume Movement
Usha Martin Limited issued a clarification to BSE on February 26, 2026, responding to an inquiry about significant trading volume increase in its securities. The company confirmed full compliance with SEBI disclosure regulations and stated that no pending material information exists that could impact stock price or volume behavior. Usha Martin reaffirmed its commitment to maintaining transparency and keeping exchanges informed of material developments as required under regulatory guidelines.
25Feb 26
Usha Martin Limited Receives EcoVadis Sustainability Rating Upgrade from 63 to 67
Usha Martin Limited announced an improvement in its EcoVadis sustainability rating from 63 to 67 for its Ranchi Site, following a company-requested re-evaluation. The revised score was communicated on 24th February 2026, while the company retains its Bronze Medal recognition for sustained ESG performance. This disclosure was made under SEBI Regulation 30, continuing from the company's previous sustainability disclosure made in October 2025.
17Feb 26
Usha Martin Limited Receives ESG Rating of 60 from NSE Sustainability Ratings and Analytics
Usha Martin Limited disclosed receiving an ESG rating of 60 from NSE Sustainability Ratings and Analytics Limited under SEBI regulations. The rating was assigned voluntarily based on FY25 public domain data and communicated to the company on 17th February 2026. The company clarified it did not engage the rating provider, as the assessment was conducted independently.
29Jan 26
Usha Martin Reports 18.8% Growth in Q3 Net Profit to ₹1.1 Billion
Usha Martin reported strong Q3 financial results with consolidated net profit growing 18.8% to ₹1.1 billion from ₹926 million year-over-year. Revenue increased 7.0% to ₹9.2 billion compared to ₹8.6 billion in the corresponding quarter of the previous year. The results demonstrate improved operational efficiency with profit growth outpacing revenue growth, indicating enhanced margins and effective cost management during the quarter.
22Jan 26
Usha Martin Limited Schedules Q3 & 9M FY26 Earnings Conference Call for January 30, 2026
Usha Martin Limited has scheduled an earnings conference call for January 30, 2026, at 10:00 AM IST to discuss Q3 and 9M FY26 results. The company notified major stock exchanges under SEBI Regulation 30, with senior management participating in the call that includes management discussion and Q&A session. Financial results will be declared on January 29, 2026, with comprehensive dial-in access provided for global participants across multiple regions.
23Dec 25
Usha Martin Dissolves Spanish Subsidiary Under Regulatory Compliance
Usha Martin Limited has announced the voluntary dissolution of its Spanish subsidiary Usha Martin Espana S.L. under Regulation 30 of SEBI Listing Regulations. The dissolution order was received on December 23, 2025, with the company confirming no impact on operations or financial position as the Spanish market will continue to be served through other European subsidiaries.
16Dec 25
Peterhouse Investments Limited Reduces Stake in Usha Martin Through Open Market Sale
Peterhouse Investments Limited sold 200,000 equity shares of Usha Martin Limited on December 12, 2025, through open market transactions on NSE. The sale reduced the promoter group entity's shareholding from 1.13% to 1.07% of the total share capital. The transaction was disclosed on December 15, 2025, in compliance with SEBI regulations.
15Dec 25
Peterhouse Investments India reduces stake in Usha Martin to 0.58%
Peterhouse Investments India Limited has further reduced its stake in Usha Martin Limited by selling 2.30 million equity shares through a block deal on NSE, bringing down its shareholding from 1.33% to 0.58%. This follows a previous reduction and represents a significant divestment by the promoter group entity.
05Dec 25
Rajeev Jhawar Boosts Stake in Usha Martin Ltd with 10,000 Share Acquisition
Rajeev Jhawar, a significant shareholder of Usha Martin, has purchased 10,000 equity shares through an open market transaction on the NSE. This acquisition increased his total shareholding from 41,35,000 to 41,45,000 shares, maintaining his stake percentage at 1.36%. Usha Martin has a total equity share capital of 30,47,41,780 shares.
02Dec 25
Usha Martin Promoter Group Member Boosts Stake with 15,000 Share Acquisition
Susmita Jhawar, a promoter group member of Usha Martin Ltd, has acquired 15,000 additional shares through open market transactions on the NSE. This increases her holding from 16,85,000 to 17,00,000 shares, representing 0.56% of the company's total equity share capital of 30,47,41,780 shares. The transaction was reported in compliance with SEBI regulations.
29Nov 25
Usha Martin Secures Voluntary ESG Rating of 66.8 from SEBI-Registered Provider
Usha Martin Limited has received a voluntary Environmental, Social, and Governance (ESG) rating of 66.8 from SESES ESG Research Private Limited, a SEBI-registered ESG Rating Provider. The rating, based on public domain data for the Financial Year 2024-25, was communicated to the company on November 28, 2025. Usha Martin did not engage the rating provider for this independent assessment. The company has disclosed this information to stock exchanges in compliance with SEBI regulations and made it available on their official website.
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.
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