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Usha Martin Limited (IN:USHAMART)
:USHAMART
India Market
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Usha Martin Limited (USHAMART) Price & Analysis

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USHAMART Stock Chart & Stats

₹451.40
-₹10.35(-2.73%)
At close: 4:00 PM EST
₹451.40
-₹10.35(-2.73%)

Bulls Say, Bears Say

Bulls Say
Conservative Balance SheetA materially lower debt-to-equity ratio and meaningful growth in equity/assets reduce financial distress risk in cyclical steel markets. This conservative positioning gives management flexibility to fund working capital, capex, or opportunistic investments while withstanding downturns.
Multi-year Revenue And Profit GrowthSustained top-line and net income expansion across several years indicates durable end-market demand for wire ropes and specialty products. Consistent growth improves scale economics, underpins margin sustainability, and supports reinvestment into higher-value product lines.
Improving Cash GenerationA sharp improvement in operating cash flow and a near-tripling of free cash flow in 2026 materially strengthens financial flexibility. Better FCF allows funding of capex, deleveraging, or strategic projects without overreliance on external financing.
Bears Say
Margin Mix VolatilityYear-to-year swings in gross and operating margins reflect sensitivity to raw-material prices and product mix shifts between commodity and specialty ropes. This volatility undermines earnings predictability and complicates medium-term margin planning and investor visibility.
Uneven Cash ConversionPersistent FCF below accounting profits points to working-capital drag or steady reinvestment needs that limit cash available for dividends, buybacks, or rapid deleveraging. That gap constrains capital returns despite improved accounting earnings.
Easing Return On EquityROE softening from prior peaks suggests incremental capital is delivering lower returns. As the balance sheet grows more conservatively, management must find higher-return deployment or improve asset efficiency to avoid long-term dilution of shareholder returns.

USHAMART FAQ

What was Usha Martin Limited’s price range in the past 12 months?
Usha Martin Limited lowest stock price was ₹307.00 and its highest was ₹527.00 in the past 12 months.
    What is Usha Martin Limited’s market cap?
    Usha Martin Limited’s market cap is ₹151.01B.
      When is Usha Martin Limited’s upcoming earnings report date?
      Usha Martin Limited’s upcoming earnings report date is Aug 03, 2026 which is in 47 days.
        How were Usha Martin Limited’s earnings last quarter?
        Usha Martin Limited released its earnings results on Apr 30, 2026. The company reported ₹5.1 earnings per share for the quarter, beating the consensus estimate of N/A by ₹5.1.
          Is Usha Martin Limited overvalued?
          According to Wall Street analysts Usha Martin Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does Usha Martin Limited pay dividends?
            Usha Martin Limited pays a Annually dividend of ₹3 which represents an annual dividend yield of 0.65%. See more information on Usha Martin Limited dividends here
              What is Usha Martin Limited’s EPS estimate?
              Usha Martin Limited’s EPS estimate for its next earnings report is not yet available.
              How many shares outstanding does Usha Martin Limited have?
              Usha Martin Limited has 304,741,800 shares outstanding.
                What happened to Usha Martin Limited’s price movement after its last earnings report?
                Usha Martin Limited reported an EPS of ₹5.1 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -2.068%.
                  Which hedge fund is a major shareholder of Usha Martin Limited?
                  Currently, no hedge funds are holding shares in IN:USHAMART
                  What is the TipRanks Smart Score and how is it calculated?
                  Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                    Company Description

                    Usha Martin Limited

                    Usha Martin Limited, an Indian enterprise founded in 1960 and headquartered in Kolkata, operates globally as a producer and supplier of a diverse range of steel wire products. The company's core business involves manufacturing and distributing steel wires, strands, and an extensive array of wire ropes along with their associated accessories, serving both domestic Indian markets and international clients. Their wire rope offerings are comprehensive, encompassing specialized types for the oil and offshore sectors, cranes, mining operations, elevators, fishing, aerial installations, anchor mooring, and general engineering. They also provide locked coil ropes, ropes for conveyor cords, and solutions for structural systems. Beyond finished wire products, Usha Martin designs and fabricates a wide spectrum of industrial machinery. This includes equipment for wire drawing, stranding, and closing wire ropes, as well as steel plant machinery, cable manufacturing equipment, and material handling systems. They also provide specialized machines for bright bar production, armoring and rewinding processes, and copper coating lines specifically for CO2 welding wire. Furthermore, the company delivers comprehensive pre-tensioning and post-tensioning solutions. This encompasses not only the core pre-stressing methods but also a suite of associated hardware such as anchorage accessories, hydraulic jacks, powerpacks, grout pumps, agitators, and dedicated pre-stressing machines, alongside professional installation services. Their specialized wire products include spring, welding, cold heading quality, auto spoke, brush, needle, and cycle spoke varieties. They also offer Low Relaxation Pre-stressed Concrete (LRPC) strands, available in bright, galvanized, compacted, indented, and both bonded and un-bonded polymer-coated galvanized finishes. In an additional offering, Usha Martin provides a diverse portfolio of cables, including optical fiber, aerial, micro duct, hybrid, FTTH/drop, aerial copper, duct copper, and jelly-filled copper variants.

                    Usha Martin Limited (USHAMART) Earnings & Revenues

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