About Usha Martin Ltd
Usha Martin Ltd is a leading global manufacturer of wire ropes and speciality steel. The company operates within the steel and wire rope manufacturing sector. Founded in 1961 by Basant Kumar Jhawar, Usha Martin has been in business for decades. The company is headquartered in Kolkata, West Bengal. This strategic location allows Usha Martin to efficiently manage its operations and serve its global customer base. Its main products include wire ropes and bespoke end-fitments. These products cater to a wide range of applications, ensuring that Usha Martin remains a key supplier to many industries. +
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LOGINOver 1 Month
-1.19%
Over 6 Months
34.36%
Over 1 Year
17.04%
Over 3 Years
242.65%
Usha Martin Ltd Summary
Close ₹449.90
Open ₹460.90
High ₹468
Low ₹447.50
Volume 5,16,807
Net Turnover (in Cr) ₹23.56
52Wk High ₹497.10
52Wk Low ₹278.55
52Wk High / Low
278.55
497.10
Usha Martin Ltd Fundamentals
Key Financial Data
Market Cap (in Cr) ₹13,710.33
EPS (TTM) 10.61
Book Value (BV) 52.17
Div. Yield 0.67 %
P/E (TTM) 44.88
Price/Book Value 8.63
Delivery % 42.96 %
Face Value 1
Key Ratios
PE Ratio 34.01
PB Ratio 6.71
EV to Sales 4.72
PEG Ratio -5.52
ROA 17.96
ROE 21.20
Debt-Equity 0.09
Net Profit Margin 13.92
Operating Profit Margin 21.34
Usha Martin Ltd Financials
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 3,513.55 | 3,265.48 | 3,295.82 | 2,723.31 | 2,126.22 |
| Total Expenses | 3,004.51 | 2,728.42 | 2,852.18 | 2,416.61 | 1,938.43 |
| Profit Before Tax | 526.85 | 549.51 | 455.38 | 346.28 | 187.79 |
| Profit After Tax | 406.32 | 424.12 | 350.60 | 291.43 | 151.35 |
| Operating Profit After Depreciation | 538.59 | 561.84 | 473.91 | 349.16 | 244.69 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 1,406.57 | 1,153.23 | 948.78 | 909.87 | 925.07 |
| Total Non Current Assets | 1,763.82 | 1,541.07 | 1,337.47 | 1,153.37 | 1,226.11 |
| Total Current Assets | 1,984.12 | 1,789.06 | 1,749.36 | 1,589.51 | 1,379.18 |
| Total Assets | 3,747.94 | 3,330.13 | 3,086.83 | 2,742.88 | 2,605.29 |
| Total Shareholder's Fund | 2,751.88 | 2,379.67 | 2,030.76 | 1,693.67 | 1,403.50 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 421.76 | 443.84 | 251.59 | 158.57 | 213.70 |
| Net Cash Used In Investing Activities | -219.33 | -284.89 | -154.72 | 56.94 | -34.07 |
| Net Cash Used In Financing Activities | -91.49 | -159.33 | -101.09 | -160.59 | -177.49 |
Profit and Loss
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Total Revenue | 2,212.44 | 2,106.23 | 2,072.38 | 1,843.56 | 1,359.99 |
| Total Expenses | 1,807.71 | 1,685.37 | 1,785.17 | 1,621.30 | 1,229.63 |
| Profit Before Tax | 404.73 | 420.86 | 287.21 | 253.44 | 130.36 |
| Profit After Tax | 302.21 | 322.11 | 213.70 | 211.31 | 104.96 |
| Operating Profit After Depreciation | 416.10 | 427.64 | 302.19 | 253.42 | 174.88 |
Balance Sheet
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Fixed Assets | 710.15 | 568.77 | 393.10 | 377.74 | 383.60 |
| Total Non Current Assets | 1,057.62 | 982.38 | 818.17 | 694.14 | 747.67 |
| Total Current Assets | 922.15 | 804.18 | 790.47 | 817.05 | 727.44 |
| Total Assets | 1,979.77 | 1,786.56 | 1,608.64 | 1,511.19 | 1,475.11 |
| Total Shareholder's Fund | 1,530.72 | 1,319.79 | 1,079.71 | 927.52 | 714.36 |
Cash Flow
| Particulars (in ₹ Cr.) | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Net Cash From Operating Activities | 313.24 | 301.11 | 141.66 | 184.89 | 110.76 |
| Net Cash Used In Investing Activities | -106.16 | -172.68 | -122.34 | 68.79 | -10.94 |
| Net Cash Used In Financing Activities | -115.34 | -124.19 | -65.73 | -160.77 | -100.74 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 907.56 | 887.19 | 896.08 | 860.54 | 891.17 |
| Total Expenses | 752.36 | 742.58 | 756.51 | 717.86 | 730.40 |
| Profit Before Tax | 150.01 | 129.63 | 133.12 | 117.62 | 141.41 |
| Profit After Tax | 109.80 | 100.81 | 100.91 | 92.26 | 109.31 |
| Operating Profit after Depreciation | 182.76 | 164.57 | 167.42 | 151.86 | 171.87 |
| Particulars (in ₹ Cr.) | 2025-09 | 2025-06 | 2025-03 | 2024-12 | 2024-09 |
|---|---|---|---|---|---|
| Total Revenue | 550.79 | 540.11 | 544.16 | 565.32 | 547.47 |
| Total Expenses | 454 | 444.28 | 444.25 | 450.41 | 441.78 |
| Profit Before Tax | 111.82 | 95.19 | 106.54 | 102.39 | 103.89 |
| Profit After Tax | 79.50 | 70.87 | 78.24 | 77.07 | 78.04 |
| Operating Profit after Depreciation | 126.93 | 110.77 | 122.91 | 117.99 | 117.97 |
Usha Martin Ltd Technicals
Support and Resistance
S3 S2 S1 Pivot R1 R2 R3
S1 442.27
S2 434.63
S3 421.77
Pivot 455.13
R1 462.77
R2 475.63
R3 483.27
Moving Average
20 SMA 462.35
50 SMA 444.38
100 SMA 406.74
200 SMA 360.62
Usha Martin Ltd Corporate Actions
Usha Martin Ltd
₹3.0/Share
Announcement Date 31 Jul 2025
Record Date 31 Jul 2025
Div Yield 300%
Usha Martin Ltd Peer Comparison
| Company | Price | Market Cap (in Cr) |
|---|---|---|
| JSW Steel Ltd | ₹1,175.30 | ₹2,87,414.20 |
| Tata Steel Ltd | ₹173.05 | ₹2,16,032.44 |
| Jindal Steel Ltd | ₹1,080.10 | ₹1,10,179.72 |
| Jindal Stainless Ltd | ₹748.40 | ₹61,699.56 |
| Steel Authority of India Ltd | ₹141.40 | ₹58,405.63 |
Usha Martin Ltd Top Mutal Funds Invested
| Fund Name | AUM |
|---|---|
| ICICI Pru Commodities Fund | 4.57% |
| Tata Small Cap Fund | 4.32% |
| ICICI Pru Retirement Fund - Pure Equity | 2.63% |
| ICICI Pru Retirement Fund - Hybrid AP | 2.25% |
| Mahindra Manulife Small Cap Fund | 1.95% |
Usha Martin Ltd News
Usha Martin schedules board meeting
On 8 November 2025
01 Nov 2025, 10:23 am
Usha Martin to discuss results
On 12 August 2025
05 Aug 2025, 02:44 pm
Usha Martin to convene AGM
On 7 August 2025
08 Jul 2025, 05:06 pm
Board of Usha Martin appoints director
At meeting held on 12 May 2025
12 May 2025, 05:40 pm
Board of Usha Martin recommends Final Dividend
Of Rs.3 per share
12 May 2025, 04:10 pm
Usha Martin Ltd Stock Analysis
- Annual revenue for Usha Martin Ltd increased by 5.04% to ₹2,212.44 crore in FY 2025 from ₹2,106.23 crore in FY 2024.
- Annual Net Profit for Usha Martin Ltd decreased by 6.18% to ₹302.21 crore in FY 2025 from ₹322.11 crore in FY 2024.
- Promoter Shareholding in Usha Martin Ltd decreased by 1.62% in the most recent quarter, from 41.80% in June 2025 to 41.13% in September 2025.
- Usha Martin Ltd delivered a 1-year return of 17.04% compared to the Nifty 50, which provided a return of 10.91% as of the last trading session.
- Usha Martin Ltd share price moved up by 1.01% from its previous close of INR ₹449.90. The latest Usha Martin Ltd share price is INR ₹454.45.
- Usha Martin Ltd share price today has been at a low of 451.30 and a high of 456. Over the past 52 weeks, the Usha Martin Ltd share price has seen a low of 278.55 and a high of 497.10.
About Usha Martin Ltd
Usha Martin Ltd. is a well-known producer of speciality steel and wire ropes worldwide. The business specializes in producing high-quality goods and works in the steel and wire rope production industry. Its offerings cater to industries such as oil and gas, mining, elevators, cranes, and infrastructure projects.
Founded in 1961 by Basant Kumar Jhawar, Usha Martin has been in business for decades. The company is headquartered in Kolkata, West Bengal, India. This strategic location allows Usha Martin to efficiently manage its operations and serve its global customer base.
The promoters of the company include UMIL Share & Stock Broking Services Ltd., with a 13.46% stake. Vijay Singh Bapna serves as the Chairman & Ind.Dire (Non-Exe) of the company. Other than him, there is also a team of managerial promoters who manage the operations of the company. They are-
Usha Martin is recognized as one of the largest wire rope manufacturers globally. The company may not lead in market share or cap. However, it has firmly established itself as a reliable and trusted name in the industry.
The registered office of Usha Martin is in Kolkata, West Bengal. Meanwhile the office of the registrars is in Hyderabad, Telangana. Usha Martin Ltd is a leading company in the steel and wire rope manufacturing sector. It is renowned for its innovative products and strong market presence. With a rich history, a commitment to quality, and a focus on sustainability, Usha Martin continues to drive growth and success in the global market.
One of the key impacts of Usha Martin is its focus on innovation. The company invests heavily in research and development, which enables them to create cutting-edge products that meet the evolving needs of their customers. This focus on innovation has resulted in the development of advanced wire ropes and specialty steel products. These products enhance the performance and safety of various applications. Usha Martin's products are designed to meet the highest standards of quality and reliability, which ensures that they deliver exceptional value to their customers.
Usha Martin's product portfolio includes a wide range of wire ropes, speciality steel, low relaxation prestressed concrete (LRPC) strands, and bespoke end-fitments. These products cater to a wide range of applications, ensuring that Usha Martin remains a key supplier to many industries. The company's commitment to quality and innovation has helped it build strong relationships with its customers, ensuring their long-term success.
The company's impact extends beyond its products. Usha Martin is also committed to sustainability and environmental responsibility. The company has implemented several initiatives to reduce its environmental footprint. They include energy-efficient manufacturing processes and the use of renewable resources. These efforts reflect Usha Martin's commitment to creating a sustainable future for the wire rope and speciality steel industry.
Customer satisfaction is at the heart of Usha Martin's impact. The company strives to exceed customer expectations by delivering high-quality products and services. Usha Martin believes that understanding customer needs and preferences is crucial for its success. The company actively seeks feedback from its customers and uses this valuable information to enhance its offerings. This customer-centric approach helps Usha Martin build strong relationships with its clients and ensures long-term loyalty.
Strategic growth initiatives have also contributed to Usha Martin's impact on the wire rope and speciality steel industry. The company aims to expand its presence in both domestic and international markets. Usha Martin seeks to achieve this through organic growth as well as strategic acquisitions and partnerships. The company focuses on entering new markets and diversifying its product portfolio to drive growth. This strategic approach helps Usha Martin stay competitive and achieve its long-term objectives.
Usha Martin Ltd has made a significant impact on the wire rope and specialty steel industry through its innovative products and corporate social responsibility. The company's dedication to these principles has helped it achieve its business goals. It has also allowed it to make a positive impact on the industry. Usha Martin's contributions have helped the company shape the future of the wire rope and speciality steel sector to achieve more success.
Founded in 1961 by Basant Kumar Jhawar, Usha Martin has been in business for decades. The company is headquartered in Kolkata, West Bengal, India. This strategic location allows Usha Martin to efficiently manage its operations and serve its global customer base.
The promoters of the company include UMIL Share & Stock Broking Services Ltd., with a 13.46% stake. Vijay Singh Bapna serves as the Chairman & Ind.Dire (Non-Exe) of the company. Other than him, there is also a team of managerial promoters who manage the operations of the company. They are-
- Rajeev Jhawar
- Tapas Gangopadhyay
- V Ramakrishna Iyer
- Sethurathnam Ravi
Usha Martin is recognized as one of the largest wire rope manufacturers globally. The company may not lead in market share or cap. However, it has firmly established itself as a reliable and trusted name in the industry.
The registered office of Usha Martin is in Kolkata, West Bengal. Meanwhile the office of the registrars is in Hyderabad, Telangana. Usha Martin Ltd is a leading company in the steel and wire rope manufacturing sector. It is renowned for its innovative products and strong market presence. With a rich history, a commitment to quality, and a focus on sustainability, Usha Martin continues to drive growth and success in the global market.
The Impact of Usha Martin Limited
Usha Martin Ltd has made a significant impact on the global wire rope and speciality steel industry. Established in 1961, the company has grown to become one of the largest wire rope manufacturers in the world. Its products are used in various industries, including oil and gas, mining, and infrastructure projects. The company's commitment to quality and customer satisfaction has helped it build a strong reputation in the industry.One of the key impacts of Usha Martin is its focus on innovation. The company invests heavily in research and development, which enables them to create cutting-edge products that meet the evolving needs of their customers. This focus on innovation has resulted in the development of advanced wire ropes and specialty steel products. These products enhance the performance and safety of various applications. Usha Martin's products are designed to meet the highest standards of quality and reliability, which ensures that they deliver exceptional value to their customers.
Usha Martin's product portfolio includes a wide range of wire ropes, speciality steel, low relaxation prestressed concrete (LRPC) strands, and bespoke end-fitments. These products cater to a wide range of applications, ensuring that Usha Martin remains a key supplier to many industries. The company's commitment to quality and innovation has helped it build strong relationships with its customers, ensuring their long-term success.
The company's impact extends beyond its products. Usha Martin is also committed to sustainability and environmental responsibility. The company has implemented several initiatives to reduce its environmental footprint. They include energy-efficient manufacturing processes and the use of renewable resources. These efforts reflect Usha Martin's commitment to creating a sustainable future for the wire rope and speciality steel industry.
Customer satisfaction is at the heart of Usha Martin's impact. The company strives to exceed customer expectations by delivering high-quality products and services. Usha Martin believes that understanding customer needs and preferences is crucial for its success. The company actively seeks feedback from its customers and uses this valuable information to enhance its offerings. This customer-centric approach helps Usha Martin build strong relationships with its clients and ensures long-term loyalty.
Strategic growth initiatives have also contributed to Usha Martin's impact on the wire rope and speciality steel industry. The company aims to expand its presence in both domestic and international markets. Usha Martin seeks to achieve this through organic growth as well as strategic acquisitions and partnerships. The company focuses on entering new markets and diversifying its product portfolio to drive growth. This strategic approach helps Usha Martin stay competitive and achieve its long-term objectives.
Usha Martin Ltd has made a significant impact on the wire rope and specialty steel industry through its innovative products and corporate social responsibility. The company's dedication to these principles has helped it achieve its business goals. It has also allowed it to make a positive impact on the industry. Usha Martin's contributions have helped the company shape the future of the wire rope and speciality steel sector to achieve more success.
FAQ’s
What is the share price of Usha Martin Ltd today?
Usha Martin Ltd share price as on 18 Nov 2025 is ₹ 454.45
What is the Market Cap of Usha Martin Ltd?
The market cap of Usha Martin Ltd stock is ₹13,710.33 Cr.
What is the PE Ratio of Usha Martin Ltd?
The Price to Earnings (P/E) Ratio of Usha Martin Ltd is 34.01
What is the PB Ratio of Usha Martin Ltd?
The Price to Book (P/B) Ratio of Usha Martin Ltd is 6.71
What is the 52 week high of Usha Martin Ltd Share Price?
The 52 week high of Usha Martin Ltd share price stands at ₹497.10
What is the 52 week low of Usha Martin Ltd Share Price?
The 52 week low of Usha Martin Ltd share price stands at ₹278.55
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