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Usha Martin Ltd

Usha Martin

Mid Cap2,206 EmployeesIPO 1994
Current Price
413.90
-7.05 (-1.67%)Updated
NSE :USHAMART
BSE :517146
Today's Range
408.60
413.90
union icon
416.90
52 Week Range
52W Low285.40
52W High497.10
413.90
union icon
Downside45.02%
Upside20.10%

Price Chart

Compare with Peers

Historical Ratios

Track top 12 most important financial ratios

P/E Ratio: Price to Earnings - Most used valuation metric

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Analyzing Investment Quality

Processing 9 key metrics...

Key Metrics

Hover for details

Valuation

Market Cap
12,741.25 Cr
Market Cap
Total market value of company
P/E Ratio
31.29
P/E Ratio
Price to Earnings. Lower is generally better (<25 is good)
P/B Ratio
4.72
P/B Ratio
Price to Book Value. <3 may indicate undervaluation
EPS
13.28
EPS
Earnings Per Share. Higher and growing is positive

Profitability

ROE
7.37%
ROE
Return on Equity. >15% is good, >20% is excellent
ROCE
18.80%
ROCE
Return on Capital Employed. >15% is good
Net Margin
11.38%
Net Margin
Net profit as % of revenue. >10% is good
Operating Margin
-%
Operating Margin
Operating profit margin. >15% is good

Growth

EPS Growth (5Y)
-0.53%
EPS Growth (5Y)
5-year EPS growth. >15% is strong
Revenue Growth (5Y)
10.03%
Revenue Growth (5Y)
5-year revenue growth. >10% is good
Qtr Sales Growth
7.36%
Qtr Sales Growth
Quarter-over-quarter sales growth
Qtr Profit Growth
-3.05%
Qtr Profit Growth
Quarter-over-quarter profit growth

Financial Health

Debt/Equity
0.15
Debt/Equity
Financial leverage. <1 is good, <0.5 is excellent
Book Value
90.36
Book Value
Net asset value per share
Dividend Yield
0.72%
Dividend Yield
Annual dividend as % of price. >2% is good
Promoter Holding
41.80%
Promoter Holding
Promoter stake. >50% shows confidence
Good
Average
Needs Attention

SWOT Analysis

Strengths

5 points
  • Healthy ROE (15.8%) and ROCE (18.8%) indicate efficient capital utilization.
  • Low debt-to-equity ratio (0.15) suggests a conservative financial approach.

Weaknesses

5 points
  • Promoter stake decreased from 49.04% to 41.8%, raising governance concerns.
  • Stock experienced -3.41% decline over 5 days, indicating market uncertainty.

Opportunities

4 points
  • Positioned to benefit from anticipated growth in infrastructure and industrial expansion.
  • Healthy ROE (15.8%) and low debt enable strategic expansions/diversification.

Threats

4 points
  • Highly competitive Iron & Steel Products industry may exert pressure on margins.
  • Susceptible to fluctuations in raw material prices, impacting production costs.

Segment-wise Financial Analysis

Financial Results

Balance Sheet

StandaloneAnnualAll amounts in ₹ Crores • CA Schedule III Format

No Balance Sheet Data Available

Standalone annual data is not available for this symbol.
Try switching to Consolidated view.

Shareholding Pattern

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Company Insider Trading Activity

Recent Insider Transactions

Insider NameTransaction DateFiling DateTotal SharesChangePriceAction
PETERHOUSE INVESTMENTS INDIA LIMITED
18 Dec 202420 Dec 202491.67 L
50,000
₹384.65SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
20 Dec 202424 Dec 202490.17 L
1.50 L
₹378SELL
Vineeta Adityakumar Ruia
03 Feb 202504 Feb 202512.71 L
12.71 L
-BUY
USHA MARTIN LIMITED EMPLOYEE WELFARE TRUST
01 Feb 202504 Feb 20251.91 L
1.91 L
₹340.6BUY
UMIL SHARE & STOCK BROKING SERVICES LTD
13 Feb 202515 Feb 20254.04 Cr
40,000
₹302.44BUY
UMIL SHARE & STOCK BROKING SERVICES LTD
18 Feb 202519 Feb 20254.04 Cr
25,000
₹292.42BUY
PETERHOUSE INVESTMENTS LIMITED
20 Feb 202524 Feb 202540.00 L
25.00 L
-BUY
BRIJ INVESTMENTS PVT LTD
28 Feb 202503 Mar 202561.81 L
10,000
₹288.5BUY
PETERHOUSE INVESTMENTS INDIA LIMITED
19 Mar 202520 Mar 202589.17 L
1.00 L
₹321.45SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
20 Mar 202521 Mar 202588.67 L
50,000
₹326.27SELL
RAJEEV JHAWAR
21 Mar 202524 Mar 202528.25 L
14,000
₹329.09BUY
Amisha Jhawar
24 Mar 202525 Mar 202512.00 L
17,000
₹339.97BUY
Stuti Jhawar
21 Mar 202525 Mar 202512.10 L
6,000
₹330BUY
BRIJ INVESTMENTS PVT LTD
24 Mar 202526 Mar 202562.00 L
19,000
₹340.61BUY
PETERHOUSE INVESTMENTS LIMITED
19 May 202520 May 202535.00 L
5.00 L
₹311.76SELL
PETERHOUSE INVESTMENTS LIMITED
22 May 202523 May 202530.00 L
5.00 L
₹321.86SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
23 May 202527 May 202587.97 L
70,000
₹326.66SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
27 May 202528 May 202585.67 L
2.30 L
₹319.16SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
29 May 202531 May 202584.67 L
1.00 L
₹311.95SELL
PETERHOUSE INVESTMENTS LIMITED
28 May 202531 May 202555.00 L
25.00 L
-BUY
PETERHOUSE INVESTMENTS INDIA LIMITED
02 Jun 202503 Jun 202581.67 L
3.00 L
₹310.6SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
05 Jun 202506 Jun 202578.67 L
3.00 L
₹308.6SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
09 Jun 202509 Jun 202576.67 L
2.00 L
₹308.41SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
11 Jun 202512 Jun 202570.67 L
6.00 L
₹311.43SELL
PETERHOUSE INVESTMENTS INDIA LIMITED
12 Jun 202513 Jun 202568.67 L
2.00 L
₹309.68SELL
PETERHOUSE INVESTMENTS LIMITED
13 Jun 202517 Jun 202550.00 L
5.00 L
₹308.94SELL

Corporate Action

Company Announcements

Technical Analysis & Indicators

Standard pivot points - most widely used

Pivot Points (CLASSIC)

LevelPriceDistance% Change
R4434.27+₹20.37+4.92%
R3425.97+₹12.07+2.92%
R2421.43+₹7.53+1.82%
R1417.67+₹3.77+0.91%
PIVOT413.13-0.77-0.19%
CURRENT413.90--
S1392.77-₹21.13-5.11%
S2401.07-₹12.83-3.10%
S3404.83-₹9.07-2.19%
S4409.37-₹4.53-1.10%
CPR Levels
Support
Resistance
S4
S3
S2
S1
| CPR |
BC: N/AP: N/ATC: N/A
R1
R2
R3
R4
indicator
LTP: N/A
PDH: N/A
PDL: N/A
● Market Sentiment

is trading CPR, indicating

● CPR Width

CPR is

● Opening Range

Day's range: ~

● Price Position

Trading Inside opening range

Delivery Volume Analysis & Trading Activity

Latest Volume
3.46L
(04 Mar 2026)
-58.4% vs avg
Delivery %
40.1%
(04 Mar 2026)
-6.0% vs avg
Avg Volume (20D)
8.34L
(04 Feb - 04 Mar)
20-day average
Avg Delivery %
46.2%
(04 Feb - 04 Mar)
Trend ↑
Delivery % indicates the percentage of traded volume that resulted in actual delivery. Higher delivery % (>50%) suggests genuine buying interest and stronger hands.

Peer Comparison & Industry Benchmarking

Quick Compare

Largest by Market Cap
JSW Steel Ltd
3.04L ₹ Cr
Best Profit Growth
JSW Steel Ltd
166.00 %
Highest Dividend Yield
Indian Metals & Ferro Alloys Ltd
1.42 %

Peer Comparison

Company Name
GALLANTT
Gallantt Ispat Ltd.
GPIL
Godawari Power & Ispat Ltd
IMFA
Indian Metals & Ferro Alloys Ltd
JAYNECOIND
Jayaswal Neco Industries Ltd
JINDALSAW
Jindal Saw Ltd
JSWSTEEL
JSW Steel Ltd
NSLNISP
NMDC Steel Ltd
RATNAMANI
Ratnamani Metals & Tubes Ltd
RKFORGE
Ramkrishna Forgings Ltd
SANDUMA
Sandur Manganese & Iron Ores Ltd
SARDAEN
Sarda Energy & Minerals Ltd
SHYAMMETL
Shyam Metalics & Energy Ltd
WELCORP
Welspun Corp Ltd

About

USHAMART

Usha Martin Ltd

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 - USHAMART

Registered Address

2A Shakespeare Sarani, Mangal Kalash

Kolkata

WEST BENGAL

IN

Tel: 913371006300

Website:https://ushamartin.com/

Company Details

Group: Materials

Sector: Materials

Industry: Metals & Mining

Exchange: NATIONAL STOCK EXCHANGE OF INDIA

Employees: 2,206

IPO Date: 07/10/1994

MANAGEMENT - USHAMART

Mr. Vijay Bapna

Non-Executive Independent Chairman of the Board

Mr. Abhijit Paul

Chief Financial Officer

Mr. S. B. N. Sharma

Senior Vice President - Plant Operations, Whole-Time Director

Mr. Manish Jain

Senior Vice President - Engineering

Mr. Manish Agarwal

Compliance Officer and Company Secretary

Shri. Rajeev Jhawar

Managing Director, Executive Director

Mr. Tapas Gangopadhyay

Non-Executive Director

Mr. Venkatachalam Iyer

Non-Executive Independent Director

Ms. Ramni Nirula

Non-Executive Independent Director

Dr. Sethurathnam Ravi

Non-Executive Independent Director

Investor Questions Answered

Usha Martin Ltd (USHAMART) Stock FAQs

Get answers to the most common questions about Usha Martin Ltd stock price, fundamentals, financial metrics, and investment analysis

The current share price of Usha Martin Ltd (USHAMART) is ₹413.9. Today, the stock has declined by ₹7.05 (1.67%), trading in a range of ₹408.6 to ₹416.9. The stock opened at ₹410.9 with a trading volume of 3,46,370 shares.
Usha Martin Ltd can be considered for long-term investment based on several factors. The company has a market capitalization of ₹12,741.25 crores, P/E ratio of 31.29, ROE of 7.37%, and ROCE of 18.80%. The dividend yield stands at 0.72%. 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.
The 52-week high price of Usha Martin Ltd (USHAMART) is ₹497.1, while the 52-week low is ₹285.4. Currently trading at ₹413.9, the stock is 60.7% away from its 52-week low and 16.7% below its 52-week high. These levels help investors understand the stock's price volatility and trading range over the past year.
Whether to buy Usha Martin Ltd stock at ₹413.9 depends on multiple factors. The stock is currently trading with a P/E ratio of 31.29 and P/B ratio of N/A. Today's performance shows a loss of 1.67%. 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.
Usha Martin Ltd offers a dividend yield of 0.72%, which means for every ₹100 invested at the current price of ₹413.9, you can expect to receive approximately ₹0.72 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.
Usha Martin Ltd's key financial metrics include: P/E Ratio: 31.29, P/B Ratio: N/A, ROE: 7.37%, ROCE: 18.80%, Dividend Yield: 0.72%, EPS: ₹13.28, Book Value: ₹90.36, Debt-to-Equity: 0.15, and Current Ratio: N/A. The company's market cap stands at ₹12,741.25 crores. These metrics help evaluate the company's valuation, profitability, and financial health.
Usha Martin Ltd stock opened at ₹410.9 and is currently trading at ₹413.9, showing a decline of ₹7.05 (1.67%). The intraday high is ₹416.9 and low is ₹408.6. The trading volume stands at 3,46,370 shares, indicating moderate market participation today.
Usha Martin Ltd has a Price-to-Earnings (P/E) ratio of 31.29, which means investors are willing to pay ₹31.29 for every ₹1 of earnings. With an EPS of ₹13.28, 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.
Usha Martin Ltd has a market capitalization of ₹12,741.25 crores, making it a small-cap company. Market cap is calculated by multiplying the current stock price (₹413.9) by the total number of outstanding shares. This metric helps investors understand the company's size, stability, and investment risk profile.
Usha Martin Ltd has a book value of ₹90.36 per share and a Price-to-Book (P/B) ratio of N/A. The current market price is ₹413.9, which is 358.1% above the book value. A P/B ratio below 1 may indicate undervaluation or asset quality concerns.
Usha Martin Ltd has a Return on Equity (ROE) of 7.37% and Return on Capital Employed (ROCE) of 18.80%. ROE measures how efficiently the company generates profits from shareholders' equity, while ROCE indicates how well the company uses its capital to generate profits. These returns may need improvement for better profitability. Higher percentages generally indicate better financial performance.
Usha Martin Ltd operates in the diversified sector and belongs to the general industry. The company competes with other players in this space and its performance is influenced by sector-specific trends, regulatory changes, and market dynamics. Understanding the sector helps investors assess growth potential, cyclical patterns, and industry-specific risks that may impact the stock's performance.
Usha Martin Ltd has a debt-to-equity ratio of 0.15, which measures the company's financial leverage by comparing total debt to shareholders' equity. A low ratio suggests conservative financing with minimal debt. Lower ratios generally indicate lower financial risk, but optimal levels vary by industry.
Usha Martin Ltd has an Earnings Per Share (EPS) of ₹13.28, which represents the company's profit allocated to each outstanding share. With a current stock price of ₹413.9 and P/E ratio of 31.29, investors are paying 31.29 times the annual earnings per share. The company may need to improve its earnings performance. Track EPS growth over quarters to assess earnings momentum.
Usha Martin Ltd has reported a sales growth of N/A% and profit growth of N/A%. The company may be facing growth challenges or operating in a mature market. Consistent growth over multiple quarters is a positive indicator for long-term investors. Compare these growth rates with industry peers for better perspective.
Usha Martin Ltd has a current ratio of N/A, which measures the company's ability to pay short-term obligations with current assets. A ratio below 1 may indicate potential liquidity concerns. This metric is crucial for assessing the company's working capital management and financial safety.
To analyze Usha Martin Ltd stock, consider: 1) Fundamental Analysis - Review P/E (31.29), ROE (7.37%), debt-to-equity (0.15), and growth rates. 2) Technical Analysis - Check 52-week range (₹285.40 - ₹497.10), moving averages, and chart patterns. 3) Valuation - Compare current price (₹413.90) with book value (₹90.36) and industry peers. 4) Financial Health - Assess current ratio (N/A) and cash flows. 5) Growth Prospects - Evaluate sales growth (N/A%) and profit growth (N/A%). Always diversify and consult a financial advisor.
The face value (or par value) of Usha Martin Ltd share is ₹1.00. Face value is the nominal value of a share as stated in the company's charter and is used for accounting purposes and calculating dividends. The current market price of ₹413.9 is 41290x the face value. Face value remains constant unless the company undergoes a stock split or bonus issue, while market price fluctuates based on demand and supply.
Investing in Usha Martin Ltd carries several risks: 1) Market Risk - Stock price volatility (52-week range: ₹285.40 - ₹497.10). 2) Business Risk - Industry-specific challenges in the sector. 3) Financial Risk - Debt-to-equity ratio of 0.15 indicates leverage. 4) Liquidity Risk - Based on trading volume of 3,46,370 shares. 5) Valuation Risk - P/E of 31.29 may indicate over/undervaluation. 6) Economic Risk - Macroeconomic factors affecting the industry. Diversify your portfolio and invest only what you can afford to lose.
Usha Martin Ltd operates in the industry with key metrics: P/E ratio of 31.29, ROE of 7.37%, market cap of ₹12,741.25 crores, and dividend yield of 0.72%. To make an informed comparison, analyze these metrics against industry peers considering factors like revenue growth (N/A%), profit margins, debt levels (D/E: 0.15), and market position. Use our peer comparison tool on this page to see detailed side-by-side analysis with competitors.
Target prices for Usha Martin Ltd vary among analysts and depend on multiple factors including earnings projections, industry trends, and market conditions. The stock is currently trading at ₹413.9, with a 52-week range of ₹285.40 to ₹497.10. Based on fundamentals like P/E (31.29), ROE (7.37%), and growth rates, analysts may have different target prices. Always refer to recent research reports from reputed brokerages and make decisions based on your own analysis and risk appetite.
Consider selling Usha Martin Ltd stock when: 1) Target Price Achieved - If the stock reaches your predetermined target from current ₹413.90. 2) Fundamental Deterioration - Declining ROE (currently 7.37%), increasing debt (D/E: 0.15), or falling growth rates. 3) Better Opportunities - Finding stocks with superior risk-reward ratios. 4) Portfolio Rebalancing - When the stock becomes overweight in your portfolio. 5) Changed Investment Thesis - If reasons for buying no longer hold. 6) Stop Loss - If price falls below your risk threshold. Always base decisions on thorough analysis rather than emotions.
Tax implications for Usha Martin Ltd stock investments: 1) Short-term Capital Gains (STCG) - If sold within 1 year, gains taxed at 15% plus cess. 2) Long-term Capital Gains (LTCG) - If held over 1 year, gains above ₹1 lakh taxed at 10% without indexation. 3) Dividend Income - Dividends (current yield: 0.72%) are taxable as per your income tax slab. 4) Securities Transaction Tax (STT) - Applicable on both buy and sell transactions. 5) Intraday Trading - Treated as speculative income, taxed as per slab. Tax laws change periodically, so consult a tax advisor for personalized guidance and latest regulations.