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USHA MARTIN

USHA MARTIN Latest Share Price (USHAMART)

TechnicalsTV Chart
494.50
1.25−0.25%
Overall Score56/100
Day range487
₹494.50
502
52-week379
₹494.50
529
Above low+30.5%
Below high6.6%
Range position77%
Open493.00
Prev Close495.75
Bid494.48643
Ask494.53402

TODAY IN ONE LINE

USHAMART is little changed at ₹494.50 on above-average volume (3.1x avg) — a quiet consolidation day.

With a market cap of ₹15,069.49 Cr., it trades at a P/E of 29.72. Track live valuations, technical indicators, and peers comparison below. Check delivery conviction and recent filings to build your view.

Volume1.6M+97%vs 20D avg
Price Band20
Lower Band396.6
Upper Band594.9
Tick Size0.05
Daily Volatility2.15%
Annualised Vol41.08%
Market Cap₹15,069.49 Cr.
Promoter0.11%
Face Value₹1
Fwd P/E20.99
PEG2.59
EV/EBITDA15.73
P/S4.14
ROA9.25%
Beta1.02
Div Payout18.62%
THE STOCK SCORE
Overall Score56/100
Updated 07 Sept

How good is this company?

Overall performance across 5 key dimensions.

Each card tappable → shows formula + inputs
FLAGS & NEWS

USHA MARTIN flags & news 

Key strengths, potential risks, and recent updates.

7 green flags🚩 3 red flags

Green Flags

  • Earnings GrowthEPS (TTM) grew by a solid 45.8% YoY
  • High Capital EfficiencyROCE of 22.7% indicating pricing power
  • Strong Return on EquityHealthy ROE of 21.1%
  • Healthy Operating MarginsOPM is structurally strong at 21.7%
  • Virtually Debt-FreeVery low Debt-to-Equity of 0.00x
  • Positive Free Cash FlowFCF has been positive for 3 consecutive years
  • Zero Pledge RiskNo recent active promoter pledging found

Red Flags

  • Sales ContractionQuarterly sales dropped 37.8% YoY
  • Low Promoter HoldingPromoters hold only 0.1%
  • Promoter SellingPromoter holding decreased by 40.17% QoQ

Latest USHA MARTIN News

THE CHANGELOG

What changed recently?

Recent events, corporate actions, and announcements.

No recent changes found for this period.
🔒Prime: full history + alerts on this stock
Valuation

USHA MARTIN valuation: P/E, P/B and sector benchmarks.

Twelve years of multiples investors have paid for USHA MARTIN, framed against the sector median so the premium or discount is obvious at a glance.

USHA MARTIN trades at a P/E of 29.72× and P/B of 4.56×.

Key MetricsMarket + reported · 11 Sept 2026Consolidated

Market-priced ratios use the latest available quote; accounting metrics use the latest reported filing. Compare values with matched peers and the company's own history.

Valuation

Valuation

Market Cap
₹15,069.49 Cr.
P/E Ratio
29.72
P/B Ratio
4.56
EPS
₹3.2
Profitability

Profitability

ROE
21.13%
ROCE
22.72%
Net Margin
12.43%
Op Margin
21.68%
Growth

Growth

EPS YoY
45.8%
Revenue YoY
9.3%
Qtr Sales
-37.8%
Qtr Profit
-31.29%
Financial Health

Financial Health

Debt / Equity
Book Value
₹108.36
Div Yield
0.76%
Promoter Holding
0.11%
Technicals

USHA MARTIN technical analysis: indicators, pivots and CPR.

Latest RSI, MACD and moving-average signals plus the latest pivot and Central Pivot Range levels for USHA MARTIN — derived from the latest tape, not yesterday's close.

USHA MARTIN last traded at ₹494.5 with an intraday range of ₹487.05–₹501.5 — latest indicator, pivot and CPR signals below.

Last updated: 14 September 2026, 4:08 pm IST

Pivot points

Standard pivot — most widely referenced.

Pivot levels · Classic

Last: ₹494.50
LevelPrice (₹)Distance% Δ
R4530.55+36.05+7.29%
R3516.10+21.60+4.37%
R2508.80+14.30+2.89%
R1501.65+7.15+1.45%
PIVOT494.35-0.15-0.03%
CURRENT494.50
S1487.20-7.30-1.48%
S2479.90-14.60-2.95%
S3472.75-21.75-4.40%
S4458.30-36.20-7.32%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: 494.27P: 494.35TC: 494.42
R1
R2
R3
R4
indicator
LTP: 494.50
PDH: 497.40
PDL: 490.25
● Market Sentiment

USHAMART is trading Above CPR, indicating Bullishness

● CPR Width

CPR is Narrower, suggesting likely for trending moves

● Opening Range

Day's range: 487.05496.2

● Price Position

Trading Inside opening range

Financials

USHA MARTIN financials: P&L, balance sheet, cash flow, ratios.

Reported annual and quarterly results for USHA MARTIN — consolidated or standalone — with margins, YoY growth and key ratios inline.

USHA MARTIN reports its full P&L, balance sheet, cash flow and ratios on this page — current market capitalisation of ₹15,069.49 Cr. and reported EPS of ₹3.20.

iTap any row for a plain-English meaningChange vs a year ago — green means the move is healthy for that line, red means it isn’tDerivedCalculated by us, not reported directly
Mobile view
Latest vs previous year
MetricMar 2025Mar 2026
Revenue from Operations3,474
3,691
6.2%
Sales Growth YoY %Derived7.72%
6.24%
Other Income39
69
74.9%
Total Income3,514
3,760
7.0%
1,750
1,868
6.7%
Gross ProfitDerived1,724
1,824
5.8%
Gross Margin %Derived49.63%
49.40%
1,127
1,118
0.8%
EBITDA (Operating Profit)Derived597
705
18.1%
OPM %Derived17.19%
19.10%
127
119
6.5%
Profit Before Tax (PBT)509
621
22.0%
121
148
23.1%
Effective Tax %Derived23.68%
23.89%
Profit/Loss from Discontinued Ops
-25
Total Profit for Period406
466
14.8%
Less: Non-controlling Interests-1
0
129.9%
Net Profit (Owner's PAT)Derived407
466
14.4%
Net Profit Margin %Derived11.73%
12.62%
PAT Growth YoY %Derived-3.91%
14.38%
Earnings Per Share (EPS ₹)13.37
15.29
14.4%
Diluted Shares Outstanding (Cr)30
30
0.0%
Share of Profit from Associates/JVs18
19
3.9%
Other Comprehensive Income (Net of Tax)54
180
235.4%
Total Expenses (incl. D&A & Interest)3,005
3,139
4.5%
Material Cost % of RevenueDerived51.57%
47.39%
Employee Cost % of RevenueDerived13.65%
12.48%
Other Cost % of RevenueDerived18.79%
17.83%
Interest Coverage (x)Derived16.89x
29.99x
Sales CAGR · 3Y
+4.1%
Sales CAGR · 5Y
+12.0%
PAT CAGR · 3Y
+10.0%
PAT CAGR · 5Y
+25.5%
all values in ₹ Cr unless marked % / x / ₹ · fiscal-period end shown · reported figures via Stockezee financials API · annual results may be audited; quarterly results may be unaudited or limited-review
Segment Analysis

USHA MARTIN segment analysis : revenue and profit mix.

Disclosed business segments at USHA MARTIN with their share of revenue and profit, switchable between consolidated and standalone reporting.

USHA MARTIN discloses revenue and profit across multiple business segments — toggle between consolidated and standalone views to see the mix.

Segment-wise Financial Analysis

Thesis

The Bull, Bear, and Flip case for USHA MARTIN.

Our AI distills the core fundamental drivers supporting USHA MARTIN, the risks that threaten it, and the quantitative conditions that could weaken the thesis.

USHA MARTIN's investment case rests on 0 positive markers and 1 flagged concerns drawn from the latest reported filings.

bull case

What you're getting.

No strengths or opportunities on record.

bear case

Key Risks.

  • SWOT generation temporarily unavailable due to model error. The security token included in the request is invalid.

flip conditions

Flip Conditions.

  • Valuation risk. a P/E above 39 would leave less room for earnings disappointment.

  • Reassess if quarterly profit growth turns negative for two consecutive quarters. The bull case relies on compounding earnings.

  • Return-quality risk. ROE below 16% would indicate weaker capital compounding.

  • Income thesis breaks if the dividend is cut or yield falls below 0.38%.

Shareholding

USHA MARTIN shareholding pattern: promoters, FII, DII and public.

Quarter-on-quarter ownership shifts in USHA MARTIN — who is buying, who is exiting, and which institutions hold the largest positions.

Shareholding Pattern

AnnualJun 2026

Promoter10.97%0.22%
DII15.26%0.45%
Promoters29.31%0.01%
FII15.10%0.34%
Public29.25%0.55%
Others0.11%

Ownership Distribution

Promoter Foreign
10.97%
Domestic Institutions
15.26%
Promoters
29.31%
Foreign Institutions
15.10%
Retail & Public
29.25%
Others
0.11%

Category Trends

Foreign Institutions Breakdown
Total Holding: 15.10%
Net Change: +0.34%
Category Total15.10%
Total Holding15.10%
Net Change+0.34%
Not Fully Disclosed

⚠️Partial Disclosure Notice

Individual institutions below total 6.79%, but category aggregate is 15.10%. Some institutions may not be disclosed by the company as per regulatory requirements.

Institution Name
Trend (Last 6)
Holding %
QoQ Change
YoY ChangePeriod
India Opportunities Growth Fund Ltd. - Pinewood Strategy
5.11%
0.00%
0.00%
Jun 2026
TATA INDIAN OPPORTUNITIES FUND
1.68%
0.00%
0.00%
Jun 2026
Vanguard Emerging Markets Stock Index Fund, A Series Of Vanguard International Equity Index Funds
0.00%
1.02%
-1.02%
Jun 2026
Vanguard Total International Stock Index Fund
0.00%
1.05%
-1.05%
Jun 2026
Bridge India Fund
0.00%
0.00%
0.00%
Jun 2026
Elara India Opportunities Fund Limited
0.00%
0.00%
0.00%
Jun 2026
AQUARIUS INDIA OPPORTUNITIES FUND
0.00%
0.00%
0.00%
Jun 2026
THE INDIAMAN FUND (MAURITIUS) LIMITED
0.00%
0.00%
0.00%
Jun 2026
THE INDIANMAN FUND (MAURITIUS) LIMITED
0.00%
0.00%
0.00%
Jun 2026
Peers

USHA MARTIN peer comparison — same-sector benchmarks.

Same-sector listed peers ranked on P/E, market cap, dividend yield and growth — USHA MARTIN is highlighted for quick read-across.

Quick Compare

Largest by Market Cap
WELSPUN CORP
₹70,596.97 Cr
Best Profit Growth
MANAKSIA
391.05 %
Highest Dividend Yield
SURYA ROSHNI
2.33 %

Peer Comparison

Company Name
09 · Chart Patterns

USHA MARTIN chart patterns: breakouts, tops and bottoms.

Auto-detected classical chart patterns for USHA MARTIN — Double Top/Bottom, Head & Shoulders, Triple Bottom and more — with break levels, targets and quality scores across Intraday, Daily and Weekly timeframes.

Delivery Conviction

USHA MARTIN delivery volume — last 20 sessions of conviction.

Daily traded volume and delivery percentage for USHA MARTIN over 20 sessions — the gap between intraday flipping and genuine accumulation.

Latest session delivery in USHA MARTIN stood at 70.5% of traded volume, against a 20-day average of 56.3%.

Avg Delivery (20D)56.3%+14.2 ppt latest vs avg
Highest Delivery70.5%on 11 Sept
Avg Volume (20D)8.18 L20-day run-rate
Conviction Trend↑ Strengthening+14.2 ppt latest read
Volume & Delivery · last 20 sessions
Exchange Filings & Investor Updates

USHA MARTIN announcements: results, concalls, ratings, M&A.

Filings USHA MARTIN sent to the exchanges, sequenced as they hit the tape — concall transcripts, results, credit ratings and presentations.

USHA MARTIN files concall transcripts, results, credit ratings and corporate-action notices on the NSE and BSE exchange portals — latest 138 documents below.

  1. 03 Sept 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    USHAMART: Usha Martin Limited has informed the Exchange about Schedule of meet.

  2. 20 Aug 2026Shareholders meetingView PDF

    Shareholders meeting

    USHAMART: Usha Martin Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on August 20, 2026.

  3. 03 Aug 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    Usha Martin Limited has informed the Exchange about Transcript

  4. 28 Jul 2026Analysts/Institutional Investor Meet/Con. Call UpdatesView PDF

    Analysts/Institutional Investor Meet/Con. Call Updates

    USHAMART: Usha Martin Limited has informed the Exchange about Link of Recording.

  5. 28 Jul 2026Copy of Newspaper PublicationView PDF

    Copy of Newspaper Publication

    USHAMART: Usha Martin Limited has informed the Exchange about Copy of Newspaper Publication with respect to the unaudited financial results…

Corporate Actions

USHA MARTIN dividend history, splits and bonus issues.

Every dividend, stock split and bonus issue USHA MARTIN has declared, sequenced by announce and record date.

USHA MARTIN corporate-action history below covers all declared dividends, stock splits and bonus issues recorded with NSE and BSE.

Insider Activity

USHA MARTIN insider trading: promoter and management activity.

Promoter, director and designated-employee transactions in USHA MARTIN as reported to SEBI — buying and selling signals from the people who know the business best.

USHA MARTIN insider activity below tracks 26 reported promoter, director and designated-employee transactions under SEBI Regulation 7(2).

InsiderCategoryTxn DateActionQuantityValue (₹)Price
PETERHOUSE INVESTMENTS LIMITEDInsider13 Jun 2025sell5.00 L₹15.45 Cr.₹308.94
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider12 Jun 2025sell2.00 L₹6.19 Cr.₹309.68
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider11 Jun 2025sell6.00 L₹18.69 Cr.₹311.43
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider09 Jun 2025sell2.00 L₹6.17 Cr.₹308.41
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider05 Jun 2025sell3.00 L₹9.26 Cr.₹308.60
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider02 Jun 2025sell3.00 L₹9.32 Cr.₹310.60
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider29 May 2025sell1.00 L₹3.12 Cr.₹311.95
PETERHOUSE INVESTMENTS LIMITEDInsider28 May 2025buy+25.00 L
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider27 May 2025sell2.30 L₹7.34 Cr.₹319.16
PETERHOUSE INVESTMENTS INDIA LIMITEDInsider23 May 2025sell70.0 K₹2.29 Cr.₹326.66
About the Company

About USHA MARTIN: business, sector, key facts.

What USHA MARTIN does, where it operates, the people running it, and the numbers that describe the entity behind the ticker.

USHA MARTIN operates in the Iron & Steel Products industry under the Capital Goods sector, listed as NSE: USHAMART, BSE: 517146.

USHAMART
Capital Goods

USHA MARTIN

NSE · USHAMART·BSE · 517146·www.ushamartin.com

Usha Martin Limited is a prominent Indian manufacturer and seller of steel wire-based products, operating both domestically and internationally. Their core business revolves around the production and distribution of a wide variety of steel wires, strands, and wire ropes. This includes specialized wire ropes for diverse applications such as oil and offshore operations, cranes, mining, elevators, fishing, aerial transportation, and general engineering projects. They also cater to the needs of industries requiring conveyor cords and structural systems with their robust wire rope offerings.

Beyond wire products, Usha Martin boasts a substantial manufacturing arm focused on industrial machinery. Their machinery portfolio encompasses a comprehensive range of equipment crucial for wire production, including wire drawing machines, stranding machines, and wire rope closing machines. They also produce steel plant equipment, cable machines, and material handling equipment, highlighting their vertically integrated business model. Further extending their manufacturing capabilities, they produce machines for bright bar manufacturing, armoring and rewinding, and even copper coating lines for CO2 welding wire manufacture.

A significant portion of Usha Martin's operations centers around pre-stressing and post-tensioning solutions for construction and infrastructure projects. This includes providing pre-stressing solutions, anchorage accessories and equipment, hydraulic jacks, powerpacks, grout pumps and agitators, and pre-stressing machines and accessories, along with installation services. This demonstrates their commitment to providing complete solutions rather than just individual components.

The company's product range extends to a diverse selection of specialized steel wires tailored to various industries. These include spring steel, CO2 welding wire, detonator wire, mattress wire, cold heading quality wire, auto spoke wire, brush wire, needle wire, and cycle spoke wire. They also manufacture a range of Low Relaxation Pre-stressed Concrete (LRPC) strands, offering options such as compacted, indented, bonded, un-bonded polymer coated galvanized LRPC strands. In addition to their traditional steel products, Usha Martin has expanded into the fiber optics and cable market, providing optical fiber, aerial cables, micro ducts, hybrid category cables, FTTH/drop cables, aerial copper cables, duct copper cables, and jelly-filled copper cables.

Founded in 1960 and headquartered in Kolkata, India, Usha Martin Limited (formerly Usha Beltron Limited) has evolved into a multifaceted company with a strong presence in both the steel wire and industrial machinery sectors, supplying a wide range of products and solutions to a global clientele.

company facts
Employees
SectorCapital Goods
HeadquartersKolkata, India
Market Cap₹15,069.49 Cr.
Listed OnNSE
leadership24 on record
Dr. Sethurathnam Ravi
Non-Executive Independent Director
Mr. Abhijit Paul
Chief Financial Officer
Mr. Abhijit Paul
Chief Financial Officer
Mr. Chirantan Chatterjee
President of Sales & Marketing and Whole Time Director
Mr. Ghanshyam Das Lakhotia
Vice President of Finance, Treasury & Purchase
Mr. Jeffrey Schipani
President of Usha Martin Americas Inc
Mr. Malay Vyas
Chief Executive Officer of Usha Martin Americas Inc
Mr. Manish Agarwal
Compliance Officer and Company Secretary
Mr. Manish Agarwal
Company Secretary & Compliance Officer
Mr. Manish Jain
Senior Vice President - Engineering
Mr. Rajeev Jhawar
MD & Executive Director
Mr. Sabyasachi Majumder
MD of Brunton Wire Ropes, FZCo. & Additional Non-Executive Non-Independent Director
§ ∞ · Plainly Answered

Questions investors ask about USHA MARTIN (USHAMART).

Quick answers grounded in this page's data — price action, fundamentals, ratios and ownership.

01What is the current share price of USHA MARTIN (USHAMART)?

The current share price of USHA MARTIN (USHAMART) is ₹494.50. Today, the stock has declined by ₹1.25 (0.25%), trading in a range of ₹487.05 to ₹501.50. The stock opened at ₹493.00 with a trading volume of 16,07,761 shares.

02Is USHA MARTIN stock a good investment for long-term?

USHA MARTIN can be considered for long-term investment based on several factors. The company has a market capitalization of ₹15,069.49 Cr., P/E ratio of 29.72, ROE of 21.13%, and ROCE of 22.72%. The dividend yield stands at 0.76%. However, investment decisions should be based on your financial goals, risk appetite, and thorough research. It's recommended to consult with a SEBI-registered financial advisor before making investment decisions.

03What is the 52-week high and low price of USHA MARTIN stock?

The 52-week high price of USHA MARTIN (USHAMART) is ₹529.30, while the 52-week low is ₹379.05. Currently trading at ₹494.50, the stock is 30.46% above its 52-week low and 6.57% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.

04Should I buy USHA MARTIN stock at the current price?

Whether to buy USHA MARTIN stock at ₹494.50 depends on multiple factors. The stock is currently trading with a P/E ratio of 29.72 and P/B ratio of 4.56. Today's performance shows a loss of 0.25%. Consider analyzing the company's fundamentals, technical indicators, industry trends, and your investment horizon. Compare these metrics with industry peers and consult a financial advisor for personalized advice.

05What is the dividend yield of USHA MARTIN and when is the next dividend?

USHA MARTIN offers a dividend yield of 0.76%, which means for every ₹100 invested at the current price of ₹494.50, you can expect to receive approximately ₹0.76 annually as dividends. The face value of the stock is ₹1.00. For information about the next dividend announcement and ex-dividend date, please check the company's official announcements or visit the BSE/NSE websites.

06What are the key financial ratios and metrics of USHA MARTIN?

USHA MARTIN's key financial metrics include: P/E Ratio: 29.72, P/B Ratio: 4.56, ROE: 21.13%, ROCE: 22.72%, Dividend Yield: 0.76%, EPS: ₹3.20, Book Value: ₹108.36, and Debt-to-Equity: 0. The company's market cap stands at ₹15,069.49 Cr.. These metrics help evaluate the company's valuation, profitability, and financial health.

07How is USHA MARTIN stock performing today in the market?

USHA MARTIN stock opened at ₹493.00 and is currently trading at ₹494.50, showing a decline of ₹1.25 (0.25%). The intraday high is ₹501.50 and low is ₹487.05. The trading volume stands at 16,07,761 shares, indicating strong market participation today.

08What is the P/E ratio of USHA MARTIN and what does it indicate?

USHA MARTIN has a Price-to-Earnings (P/E) ratio of 29.72, which means investors are willing to pay 29.72 for every ₹1 of earnings. With an EPS of ₹3.20, this P/E ratio suggests the stock may be trading at a premium, possibly due to high growth expectations. Compare this with industry peers and historical P/E ratios for better context.

Disclaimer

The data, ratios and commentary about USHA MARTIN (USHAMART) on this page are published for educational and informational purposes only and are not investment, legal or tax advice. StockeZee is not a SEBI-registered investment adviser, research analyst or portfolio manager, and no content here should be construed as a recommendation to buy, hold or sell any security. Live and historical market data may be delayed, revised by the exchanges, or contain errors; figures sourced from third-party feeds and corporate disclosures may not always be current. Past performance is not indicative of future results, and equity investments carry the risk of capital loss. Before acting on anything you read here, please consult a SEBI-registered financial advisor and read all scheme-related documents carefully.