Usha Martin Limited (NSE:USHAMART)

India flag India · Delayed Price · Currency is INR
500.70
-7.70 (-1.51%)
Jul 21, 2026, 2:40 PM IST
Market Cap155.20B +33.7%
Revenue (ttm)36.91B +6.2%
Net Income4.66B +14.4%
EPS15.29 +14.4%
Shares Out n/a
PE Ratio33.31
Forward PE26.30
Dividend3.75 (0.75%)
Ex-Dividend DateAug 13, 2026
Volume141,556
Open506.00
Previous Close508.40
Day's Range498.45 - 506.90
52-Week Range333.60 - 527.50
Beta0.20
AnalystsStrong Buy
Price Target571.00 (+14.04%)
Earnings DateJul 27, 2026

About Usha Martin

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including crane, mining, elevator, oil and offshore, fishing, general engineering, aerial transportation, structural, and forestry ropes, as well as conveyor cord. It also provides spring, welding, fencing, ACSR, needle, mesh, fishhook, CHQ, spoke, and brush wires; LRPC strands comprising compacted, indented, un-bonded polymer coated, bonded polyme... [Read more]

Industry Steel
Sector Materials
Founded 1960
Employees 2,235
Stock Exchange National Stock Exchange of India
Ticker Symbol USHAMART
Full Company Profile

Financial Performance

In fiscal year 2026, Usha Martin's revenue was 36.91 billion, an increase of 6.24% compared to the previous year's 34.74 billion. Earnings were 4.66 billion, an increase of 14.38%.

Financial Statements

Analyst Summary

According to 3 analysts, the average rating for USHAMART stock is "Strong Buy." The 12-month stock price target is ₹571.00, which is an increase of 14.04% from the latest price.

Price Target
₹571.00
(14.04% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Usha Martin Transcript: Q4 25/26

Revenue and margins grew strongly in FY 2026, with international markets driving performance and a shift toward higher-value products. Management targets 10%-12% volume growth and sustained 20%+ margins, supported by robust order book and planned CapEx.

2 months ago - Transcripts

Usha Martin Quarterly report: Q4 2026

Usha Martin has published its Q4 2026 quarterly earnings report on April 30, 2026.

2 months ago - Filings

Usha Martin Slides: Q4 2026

Usha Martin has posted slides in relation to its Q4 2026 quarterly earnings report, which was published on April 30, 2026.

2 months ago - Filings

Usha Martin Transcript: Q3 25/26

Q3 FY26 saw 6.6% revenue growth and 23.3% higher EBITDA, with strong cash flow and a net cash position. Value-added products and new geographies are driving growth, while margins are expected to remain at 19–20% as CapEx and customer expansion continue.

6 months ago - Transcripts

Usha Martin Quarterly report: Q3 2026

Usha Martin has published its Q3 2026 quarterly earnings report on January 29, 2026.

6 months ago - Filings

Usha Martin Slides: Q3 2026

Usha Martin has posted slides in relation to its Q3 2026 quarterly earnings report, which was published on January 29, 2026.

6 months ago - Filings

Usha Martin Transcript: Q2 25/26

Q2 FY2026 delivered steady revenue and margin growth, driven by strong wire and wire rope segments, cost efficiencies, and international expansion. Margins may moderate as LRPC volumes recover, but EBITDA is expected to rise with higher throughput.

9 months ago - Transcripts

Usha Martin Quarterly report: Q2 2026

Usha Martin has published its Q2 2026 quarterly earnings report on November 10, 2025.

9 months ago - Filings

Usha Martin Slides: Q2 2026

Usha Martin has posted slides in relation to its Q2 2026 quarterly earnings report, which was published on November 10, 2025.

9 months ago - Filings

Usha Martin signs agreement to sell Sriperumbudur land to UGP Engineering for Rs 29.52 crore

Usha Martin Limited has announced the sale of its leasehold land and associated assets located in Sriperumbudur, Tamil Nadu, to UGP Engineering Private Limited. The agreement, signed on 21st August 20...

11 months ago - Business Upturn

Usha Martin Transcript: Q1 25/26

Revenue grew 7.4% year-on-year to INR 887 crore, led by strong wire and wire rope segments, while EBITDA margin was 16.3%. Cost optimization and capacity expansion are expected to drive higher margins and growth in H2 FY 2026, with a net cash position and robust cash flows supporting future investments.

1 year ago - Transcripts

Usha Martin Quarterly report: Q1 2026

Usha Martin has published its Q1 2026 quarterly earnings report on August 13, 2025.

1 year ago - Filings

Usha Martin Slides: Q1 2026

Usha Martin has posted slides in relation to its Q1 2026 quarterly earnings report, which was published on August 13, 2025.

1 year ago - Filings

Usha Martin Q4 Results: Revenue up 8% YoY to Rs 896 crore, Net Profit dips 4.95% YoY

Usha Martin Limited reported its consolidated financial results for the fourth quarter ended March 31, 2025, showing a marginal decline in profitability. The company posted a net profit of ₹100.99 cro...

1 year ago - Business Upturn

Usha Martin shares decline nearly 3% amid market pressure

Usha Martin Ltd. shares experienced a decline of 2.59%, falling to ₹411.15 on October 14. This represents a drop of ₹10.95 from its previous close of ₹422.10. The stock faced downward pressure in the ...

1 year ago - Business Upturn

Early morning gainers: Bandhan Bank up 8.22%, Rajesh Exports up 5.65%, Usha Martin up 6.24%

Several stocks were off to a strong start in early trading today, with notable gains in Bandhan Bank, Rajesh Exports, and Usha Martin, among others. As of 9:37 AM, here are the key gainers: Bandhan Ba...

1 year ago - Business Upturn