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Usha Martin Ltd Share Price

Steel - Wires

NSE: USHAMART Small Cap ISIN: INE228A01035
As on 22 January 2025 at 15:59 IST
As on 22 January 2025 at 15:59 IST
346.15
-12.25
(-3.42%)
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. Read More...

Over 1 Month
-3.89%
Over 6 Months
-2.22%
Over 1 Year
4.64%
Over 3 Years
295.58%

Usha Martin Ltd Summary

Close ₹ 346.15
Open ₹ 354.50
High ₹ 360.90
Low ₹ 340.05
Volume 3,36,009
Net Turnover (in ₹) ₹ 18,02,97,179.05
52Wk High ₹ 451
52Wk Low ₹ 273.05
52Wk High / Low
273.05
451

Usha Martin Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 10,921.95
EPS (TTM) 9.83
Book Value (BV) 45.34
Div. Yield 0.77 %
P/E (TTM) 36.40
Price/Book Value 7.89
Delivery % 47.62 %
Face Value 1

Key Ratios

PE Ratio 30.18
PB Ratio 7.37
EV to Sales 4.78
PEG Ratio 0.60
ROA 21.71
ROE 26.85
Debt-Equity 0.13
Net Profit Margin 15.74
Operating Profit Margin 22.50

Usha Martin Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue3,265.483,295.822,723.312,126.222,207.17
Total Expenses2,728.422,852.182,416.611,938.432,060.01
Profit Before Tax549.51455.38346.28187.79147.16
Profit After Tax424.12350.60291.43151.35-62.57
Operating Profit after Depreciation561.84473.91349.16244.69221.34

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets1,153.23948.78909.87925.07948.40
Total Non Current Assets1,541.071,337.471,153.371,226.111,266.72
Total Current Assets1,789.061,749.361,589.511,379.181,297.31
TOTAL ASSETS3,330.133,086.832,742.882,605.292,564.03
Total Shareholder's Fund2,379.672,030.761,693.671,403.501,227.49

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities443.84251.59158.57213.70212.42
Net Cash used in Investing Activities-284.89-154.7256.94-34.072,941.99
Net Cash used in Financing Activities-159.33-101.09-160.59-177.49-3,104.71

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue2,106.232,072.381,843.561,359.991,422.51
Total Expenses1,685.371,785.171,621.301,229.631,307.80
Profit Before Tax420.86287.21253.44130.36114.71
Profit After Tax322.11213.70211.31104.96-86.04
Operating Profit after Depreciation427.64302.19253.42174.88172.78

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets568.77393.10377.74383.60405.17
Total Non Current Assets982.38818.17694.14747.67793.27
Total Current Assets804.18790.47817.05727.44680.09
TOTAL ASSETS1,786.561,608.641,511.191,475.111,473.36
Total Shareholder's Fund1,319.791,079.71927.52714.36615.40

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities301.11141.66184.89110.76148.12
Net Cash used in Investing Activities-172.68-122.3468.79-10.942,920.12
Net Cash used in Financing Activities-124.19-65.73-160.77-100.74-3,071.76

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue891.17826.37829.03797.09784.70
Total Expenses730.40672.33677.52640.04640.38
Profit Before Tax141.41134.70136.35139.59144.47
Profit After Tax109.31103.84106.33107.51109.52
Operating Profit after Depreciation171.87163.11165.54164.64168.86

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue547.47514.11515.10531.96498.39
Total Expenses441.78412.71418.15419.70398.50
Profit Before Tax103.8991.9192.43107.77120.44
Profit After Tax78.0468.8671.1481.3891.18
Operating Profit after Depreciation117.97104.42105.39117.18129.41

Usha Martin Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 351.32
S2 344.23
S3 338.27
Pivot 357.28
R1 364.37
R2 370.33
R3 377.42

Moving Average

20 SMA 364.88
50 SMA 379.73
100 SMA 378.22
200 SMA 370.64

Usha Martin Ltd Corporate Actions

Usha Martin Ltd

₹2.75/Share

Announcement Date 06 Aug 2024
Record Date 06 Aug 2024
Div Yield 275%

Usha Martin Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
Usha Martin Ltd ₹357.85 ₹10,905.18
JSW Steel Ltd ₹926.45 ₹2,26,559.08
Tata Steel Ltd ₹129.65 ₹1,61,848.93
Jindal Steel & Power Ltd ₹918.70 ₹93,715.49
Tube Investments of India Ltd ₹3,373 ₹65,259.70
Jindal Stainless Ltd ₹633.35 ₹52,173.45

Usha Martin Ltd News

Usha Martin update on restructuring of subsidiaries

11 Dec 2024, 06:32 pm

Usha Martin gains as Q2 PAT rises 5% QoQ to Rs 110 cr

Usha Martin added 3.43% to Rs 434.55 after the company reported 5.38% rise in consolidated net profit to Rs 109.72 crore in Q2 FY25 as against Rs 104.11 crore posted in Q1 FY25.

07 Nov 2024, 12:00 pm

Usha Martin to announce Quarterly Result

On 6 November 2024

30 Oct 2024, 03:28 pm

Volumes jump at Usha Martin Ltd counter

Usha Martin Ltd saw volume of 357.03 lakh shares by 14:14 IST on NSE, a 49.14 fold spurt over two-week average daily volume of 7.27 lakh shares

11 Oct 2024, 02:30 pm

Usha Martin Ltd leads gainers in 'A' group

Ashapura Minechem Ltd, Bandhan Bank Ltd, Neuland Laboratories Ltd and Triveni Turbine Ltd are among the other gainers in the BSE's 'A' group today, 11 October 2024.

11 Oct 2024, 12:00 pm

Usha Martin Ltd Stock Analysis

  1. Annual revenue for Usha Martin Ltd increased by 1.63% to ₹2,106.23 crore in FY 2024 from ₹2,072.38 crore in FY 2023.
  2. Annual Net Profit for Usha Martin Ltd increased by 50.73% to ₹322.11 crore in FY 2024 from ₹213.70 crore in FY 2023.
  3. Promoter Shareholding in Usha Martin Ltd decreased by 3.47% in the most recent quarter, from 44.42% in June 2024 to 42.88% in September 2024.
  4. Usha Martin Ltd delivered a 1-year return of 4.64% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
  5. Usha Martin Ltd share price moved down by 3.42% from its previous close of INR ₹358.40. The latest Usha Martin Ltd share price is INR ₹346.15.
  6. Usha Martin Ltd share price today has been at a low of 340.05 and a high of 360.90. Over the past 52 weeks, the Usha Martin Ltd share price has seen a low of 273.05 and a high of 451.

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-
  • Rajeev Jhawar
  • Tapas Gangopadhyay
  • V Ramakrishna Iyer
  • Sethurathnam Ravi

The company's main products include wire ropes, specialty 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.

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 22 Jan 2025 is ₹ 346.15

What is the Market Cap of Usha Martin Ltd?

The market cap of Usha Martin Ltd stock is ₹10,921.95 Cr.

What is the PE Ratio of Usha Martin Ltd?

The Price to Earnings (P/E) Ratio of Usha Martin Ltd is 30.18

What is the PB Ratio of Usha Martin Ltd?

The Price to Book (P/B) Ratio of Usha Martin Ltd is 7.37

What is the 52 week high of Usha Martin Ltd Share Price?

The 52 week high of Usha Martin Ltd share price stands at ₹451

What is the 52 week low of Usha Martin Ltd Share Price?

The 52 week low of Usha Martin Ltd share price stands at ₹273.05

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