USHAMART
Usha Martin Limited (USHAMART) Stock Analysis
Usha Martin Limited is a global manufacturer of steel wire ropes and wire products for mining, oil, cranes, and infrastructure. It supplies ropes and strands from India and UK operations to customers worldwide. The company is a leader in specialty wire ropes for heavy lifting. It is listed on the NSE and BSE.
Basic Materials › Steel
₹491.30
-2.14% 1W | +6.10% 52W
Market Cap
15.0k CR
P/E Ratio
28.1
52W High
₹542.6
52W Low
₹380
Div. Yield
0.78%
Beta
0.3
50 DMA
₹501.2
200 DMA
₹465.1
Profit Margin
13.2%
Inst. Own.
28.8%
⚡ APPROACHING SUPPORT
⚡ APPROACHING SUPPORT
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 814 | 785 | 797 | 829 | 826 | 891 | 861 | 896 | 887 | 908 | 917 | 979 | 1,033 |
| Expenses | 669 | 640 | 640 | 678 | 672 | 730 | 718 | 757 | 743 | 735 | 741 | 768 | 825 |
| Operating Profit | 146 | 144 | 157 | 152 | 154 | 161 | 143 | 140 | 145 | 173 | 176 | 212 | 208 |
| OPM % | 18% | 18% | 20% | 18% | 19% | 18% | 17% | 16% | 16% | 19% | 19% | 22% | 20% |
| Other Income | 7 | 25 | 8 | 14 | 9 | 11 | 9 | 28 | 20 | 10 | -5 | 21 | 14 |
| Interest | 6 | 6 | 6 | 7 | 7 | 8 | 9 | 7 | 6 | 5 | 5 | 4 | 4 |
| Depreciation | 18 | 18 | 19 | 23 | 22 | 23 | 26 | 28 | 29 | 28 | 29 | 31 | 34 |
| Profit before tax | 129 | 144 | 140 | 136 | 135 | 141 | 118 | 133 | 130 | 150 | 138 | 197 | 184 |
| Tax % | 22% | 24% | 23% | 22% | 23% | 23% | 22% | 24% | 22% | 27% | 22% | 25% | 23% |
| Net Profit | 101 | 110 | 108 | 106 | 104 | 109 | 92 | 101 | 101 | 110 | 108 | 148 | 142 |
| EPS in Rs | 3.31 | 3.59 | 3.53 | 3.49 | 3.42 | 3.60 | 3.04 | 3.31 | 3.31 | 3.60 | 3.53 | 4.85 | 4.66 |
| Metric | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,561 | 4,112 | 3,882 | 2,066 | 2,488 | 2,154 | 2,097 | 2,688 | 3,268 | 3,225 | 3,474 | 3,691 | 3,837 |
| Expenses | 3,845 | 3,771 | 3,493 | 2,253 | 2,512 | 1,922 | 1,814 | 2,304 | 2,754 | 2,627 | 2,877 | 2,986 | 3,068 |
| Operating Profit | 717 | 341 | 389 | -188 | -24 | 232 | 284 | 384 | 513 | 599 | 597 | 705 | 768 |
| OPM % | 16% | 8% | 10% | -9% | -1.0% | 11% | 14% | 14% | 16% | 19% | 17% | 19% | 20% |
| Other Income | -63 | 32 | 120 | 77 | 17 | 537 | 24 | 75 | 40 | 53 | 57 | 46 | 39 |
| Interest | 522 | 547 | 564 | 92 | 114 | 74 | 57 | 42 | 30 | 25 | 30 | 20 | 17 |
| Depreciation | 418 | 308 | 300 | 60 | 61 | 64 | 68 | 70 | 67 | 77 | 98 | 116 | 121 |
| Profit before tax | -287 | -481 | -355 | -264 | -181 | 630 | 183 | 346 | 455 | 550 | 527 | 615 | 669 |
| Tax % | -12% | -11% | 1% | 2% | -126% | 33% | 20% | 16% | 23% | 23% | 23% | 24% | |
| Net Profit | -251 | -428 | -358 | -268 | 49 | 421 | 152 | 291 | 351 | 424 | 406 | 466 | 508 |
| EPS in Rs | -8.31 | -14.10 | -11.78 | -8.90 | 1.57 | 13.74 | 4.91 | 9.56 | 11.49 | 13.91 | 13.37 | 15.29 | 16.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 21% | 22% | 20% | 22% | 25% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 4.0% | 12.0% | -1.0% |
| Profit CAGR | 9.0% | 25.0% | 12.0% |
Shareholding Pattern
Promoters42.45%
FIIs14.29%
DIIs11.06%
Public32.15%
Promoters41.75%
FIIs14.14%
DIIs12.29%
Public31.74%
Promoters40.52%
FIIs14.62%
DIIs14.11%
Public30.63%
Promoters40.52%
FIIs14.77%
DIIs14.81%
Public29.80%
Promoters40.28%
FIIs15.10%
DIIs15.26%
Public29.24%
Promoters48.27%
FIIs9.50%
DIIs2.12%
Public40.12%
Promoters46.04%
FIIs14.78%
DIIs3.60%
Public35.57%
Promoters43.90%
FIIs14.25%
DIIs9.25%
Public32.53%
Promoters40.52%
FIIs14.77%
DIIs14.81%
Public29.80%
Promoters40.28%
FIIs15.10%
DIIs15.26%
Public29.24%
USHAMART
Holdings Analysis
Key strengths & risk signals
63
Overall
54
Fundamental
72
Technical
Risks (4)
NEGLIGIBLE DIVIDEND! 0.78% yield - little to no income.
RECOVERY MODE! Current price (491.3) above 200-day but below 50-day.
POSITIVE YEAR! Stock gained 6.1% in the last year.
WEAK MOMENTUM! Limited price growth - -2.1% (1 week), 2.6% (1 month), -0.7% (3 months).
Strengths (4)
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
BULLISH TREND! 50-day average (501.2) is above 200-day average (465.1) - positive signal.
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 1,184,184 vs down days: 785,381. Ratio: 1.51x
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
Fundamental & Technical Analysis
63Overall
54Fundamental
72Technical
Fundamental Breakdown
Growth Quality
13/30
Revenue CAGR: 4.1% (SLOW, 5/15). Profit CAGR: 10.0% (MODERATE, 8/15).
Profit Margin
5/10
DECENT EFFICIENCY! 13.2% profit margin - acceptable profitability.
PEG Valuation
5/10
OVERVALUED! PEG of 2.81 means expensive relative to growth rate.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.78% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.15 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 39.38% public ownership - moderate retail influence.
Stability Index
8/10
GOOD STABILITY! Only 1 revenue dip in history. Strong business fundamentals.
Technical Breakdown
Moving Averages
12/10
BULLISH TREND! 50-day average (501.2) is above 200-day average (465.1) - positive signal.
Price Position
2/10
RECOVERY MODE! Current price (491.3) above 200-day but below 50-day.
Trend Pattern
10/20
TESTING SUPPORT! Stock is at key support level.
52W Performance
4/10
POSITIVE YEAR! Stock gained 6.1% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 11 up days, 19 down days. Avg volume on up days: 1,184,184 vs down days: 785,381. Ratio: 1.51x
RSI
3/5
NEUTRAL! RSI at 45.4 - balanced momentum.
52W Range
4/5
UPPER HALF! Trading at 68.5% of 52W range - positive territory.
Momentum
2/5
WEAK MOMENTUM! Limited price growth - -2.1% (1 week), 2.6% (1 month), -0.7% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.30 - stable stock, less market risk.
USHAMART
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-03 | Concall PDF | |
| Q4FY262026-05-08 | Concall PDF | |
| Q3FY262026-02-04 | Concall PDF | |
| Q2FY262025-11-14 | Concall PDF |
Peer Comparison
Basic Materials · Steel · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| USHAMART | ₹491.30 | 28.1 | 13.2% | 4.1% | 10.0% | +6.1% | 63 | APPROACHING SUPPORT | +40.7% | -3.9% | +16.4% | +5.5% |
| GALLANTT | ₹609.40 | 33.9 | 9.8% | 34.0% | 43.0% | -0.9% | 74 | BREAKOUT | -28.7% | +1.0% | +1.6% | -4.9% |
| GPIL | ₹211.60 | 16.6 | 13.9% | -2.1% | 0.3% | -17.0% | 47 | CONSOLIDATING DOWN | +2.6% | -20.8% | +32.3% | +8.7% |
| SARDAEN | ₹488.90 | 15.3 | 19.9% | 10.4% | 22.5% | -8.6% | 68 | BREAKDOWN | +5.5% | +190.0% | -2.2% | +28.2% |
| RATNAMANI | ₹2,523.90 | 40.9 | 9.9% | -0.3% | -1.9% | +11.1% | 58 | BREAKDOWN | -37.6% | -21.5% | -15.6% | -10.4% |
| NSLNISP | ₹40.20 | 138.8 | 0.6% | – | – | -7.5% | 53 | BREAKDOWN | +97.3% | -87.1% | +8.8% | -5.6% |
| JINDALSAW | ₹301.60 | 29.5 | 3.6% | 0.4% | 14.8% | +56.9% | 70 | CONSOLIDATING DOWN | -75.4% | -25.3% | +9.0% | -3.9% |
| LLOYDSENT | ₹70.40 | 35 | 5.6% | 64.4% | 79.8% | +2.3% | 72 | HIT RESISTANCE | -74.5% | +53.8% | +70.1% | -21.8% |
Data from TradeAlone · Updated daily
