USHAMART vs VSSL: Stock Comparison

USHA MARTIN vs VARDHMAN SPC STEELUpdated 21 Sept 26, 4:08 PM ISTNSE & company filings

USHA MARTIN is the larger company by market capitalisation. USHA MARTIN shows a lower P/E, a higher ROE and faster revenue growth, while VARDHMAN SPC STEEL shows a higher dividend yield. These are relative readings on individual metrics — weigh valuation against growth, margins, leverage and capital efficiency rather than treating any single number as decisive.

Metric snapshot

USHAMART leads 11; VSSL leads 1 of 13

Not a rating

Interactive comparison

Compare the numbers that shape the decision

Every row uses its own scale. Switch lenses to compare like with like.

USHAMARTVSSL

Valuation lens

What price are you paying?

Market CapContext only
₹16,160 Cr
₹3,974 Cr
P/E RatioUSHAMART has the lower reading
31.87x
201.47x
P/B RatioUSHAMART has the lower reading
4.89x
4.98x
EPSUSHAMART has the higher reading
₹4.66
₹4.26
Book ValueContext only
₹108.36
₹82.53
Dividend YieldVSSL has the higher reading
0.74%
0.86%

✓ marks the usual favourable reading; it is not a recommendation.

Key Differences

Market Cap
USHAMART is the larger company
₹16,160 Cr vs ₹3,974 Cr
P/E Ratio
USHAMART has a lower P/E
31.87x vs 201.47x
P/B Ratio
USHAMART has a lower P/B
4.89x vs 4.98x
EPS
USHAMART has higher earnings per share
₹4.66 vs ₹4.26
Dividend Yield
VSSL has a higher dividend yield
0.86% vs 0.74%
Revenue Growth (TTM YoY)
USHAMART has faster revenue growth
9.3% vs 7%
Qtr Sales Growth
USHAMART has stronger quarterly sales growth
60.78% vs -72.3%
Qtr Profit Growth
USHAMART has stronger quarterly profit growth
45.53% vs -66.25%

Each difference is a single, relative reading — StockeZee does not name an overall winner.

Profile

MetricUSHAMARTVSSL
SectorCapital GoodsCapital Goods
IndustryIron & Steel ProductsIron & Steel Products

Price

MetricUSHAMARTVSSL
Live Price₹533.9₹410.8
Day Change5.26%1.51%
Volume33.36 L1.47 L
52-Week High₹529.3₹428.25
52-Week Low₹380₹206.4
Distance from 52W High0.87%-4.07%

Valuation

MetricUSHAMARTVSSL
Market Cap₹16,160 Cr₹3,974 Cr
P/E Ratio31.87x201.47x
P/B Ratio4.89x4.98x
EPS₹4.66₹4.26
Book Value₹108.36₹82.53
Dividend Yield0.74%0.86%

Growth

MetricUSHAMARTVSSL
Revenue Growth (TTM YoY)9.3%7%
EPS Growth (TTM YoY)45.8%45.8%
Qtr Sales Growth60.78%-72.3%
Qtr Profit Growth45.53%-66.25%

Profitability & Leverage

MetricUSHAMARTVSSL
ROE21.13%9.55%
ROCE21.92%9.53%
Net Margin12.43%6.96%
Operating Margin21.68%10.03%
Debt to Equity0x0.07x

Shareholding

As of Jun 2026 • change vs previous quarter
MetricUSHAMARTVSSL
Promoter Holding29.31% 0.01 pp51.06%
FII Holding15.1% 0.34 pp0.55%
DII Holding15.26% 0.45 pp3.27% 0.07 pp
Public Holding29.25% 0.55 pp45.12% 0.07 pp

How to Read This Comparison

Valuation ratios (P/E, P/B) use the latest consolidated figures where available; growth numbers compare against the same period last year; shareholding percentages come from the most recent quarterly filings, with the change shown against the prior quarter. A "more favourable" highlight is relative between these two companies only — it is not a rating, a recommendation, or a comparison against the wider sector. Rows with no reported data for either company are hidden rather than shown empty.

Deep-dive each company on its stock page for quarterly results, technicals, filings and the full peer set: USHA MARTIN and VARDHMAN SPC STEEL.

Data source: NSE and company filings via StockeZee. This comparison is informational — it is not investment advice, and StockeZee is not a SEBI-registered investment adviser.