Usha Martin Ltd.
NSE: USHAMART · Iron & Steel Products
Snapshot
Unlock Usha Martin Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Usha Martin Limited is a prominent manufacturer of specialised steel wire ropes, strands, and related engineering products. The company serves diverse sectors including oil and offshore, mining, infrastructure, and general engineering, while also producing industrial machinery and telecommunication cables.
Business Model
The company generates revenue through the manufacturing and sale of high-value steel wire products and industrial machinery, supported by the provision of pre-stressing solutions and installation services. It operates both domestically in India and across international markets.
Growth Outlook
Growth is driven by sustained demand for high-performance wire ropes in the global mining and offshore energy sectors, alongside infrastructure development requiring pre-stressing solutions. The company continues to leverage its technical expertise in wire drawing and machinery manufacturing to expand its product portfolio.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of steel and other raw materials can significantly impact the company's operating margins.
- Cyclical Demand. The company's performance is sensitive to cyclical downturns in the global mining, oil, and infrastructure construction industries.
- Geopolitical and Trade Risks. As an exporter, the company faces risks related to international trade barriers, tariffs, and geopolitical instability in key markets.
- Foreign Exchange Risk. Exposure to international markets subjects the company to currency fluctuations that may affect profitability.
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Key Metrics
REVENUE
₹3,837 Cr
TTM · consolidated
NET PROFIT
₹508 Cr
TTM · consolidated
EPS
₹16.65
TTM · consolidated
RETURN ON EQUITY
16.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
21.1%
TTM · consolidated
P/E
30.9x
Q1 FY27 · consolidated
EV/EBITDA
18.8x
Q1 FY27 · consolidated
EBITDA MARGIN
21.6%
TTM · consolidated
NET PROFIT MARGIN
13.8%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Iron & Steel Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Usha Martin Ltd.USHAMART | ₹15,668 Cr | 30.88 | 18.75 | 8.5% | 21.6% | 16.8% | 21.1% | +34.9% |
Jindal Saw Ltd.JINDALSAW | ₹19,524 Cr | 29.79 | 11.68 | 26.3% | 11.2% | 5.0% | 9.5% | +48.6% |
Ratnamani Metals & Tubes LimitedRATNAMANI | ₹19,114 Cr | 44.15 | 23.00 | -16.3% | 19.5% | 13.3% | 16.5% | +13.0% |
Godawari Power & Ispat Ltd.GPIL | ₹16,199 Cr | 18.36 | 11.93 | 8.4% | 23.5% | 15.1% | 20.0% | -1.4% |
Gallantt Ispat LimitedGALLANTT | ₹13,850 Cr | 31.89 | 19.70 | 4.1% | 16.4% | 14.2% | 17.7% | -6.3% |
Maharashtra Seamless Ltd.MAHSEAMLES | ₹9,220 Cr | 12.51 | 8.34 | -12.2% | 23.8% | 11.2% | 13.9% | +6.4% |
As of Q1 FY27
Financials
Usha Martin Ltd.
NSE: USHAMART · Iron & Steel Products
Snapshot
Unlock Usha Martin Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Usha Martin Limited is a prominent manufacturer of specialised steel wire ropes, strands, and related engineering products. The company serves diverse sectors including oil and offshore, mining, infrastructure, and general engineering, while also producing industrial machinery and telecommunication cables.
Business Model
The company generates revenue through the manufacturing and sale of high-value steel wire products and industrial machinery, supported by the provision of pre-stressing solutions and installation services. It operates both domestically in India and across international markets.
Growth Outlook
Growth is driven by sustained demand for high-performance wire ropes in the global mining and offshore energy sectors, alongside infrastructure development requiring pre-stressing solutions. The company continues to leverage its technical expertise in wire drawing and machinery manufacturing to expand its product portfolio.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of steel and other raw materials can significantly impact the company's operating margins.
- Cyclical Demand. The company's performance is sensitive to cyclical downturns in the global mining, oil, and infrastructure construction industries.
- Geopolitical and Trade Risks. As an exporter, the company faces risks related to international trade barriers, tariffs, and geopolitical instability in key markets.
- Foreign Exchange Risk. Exposure to international markets subjects the company to currency fluctuations that may affect profitability.
Start your research today
Unlock AI insights, financials, peers and live data on Usha Martin Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹3,837 Cr
TTM · consolidated
NET PROFIT
₹508 Cr
TTM · consolidated
EPS
₹16.65
TTM · consolidated
RETURN ON EQUITY
16.8%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
21.1%
TTM · consolidated
P/E
30.9x
Q1 FY27 · consolidated
EV/EBITDA
18.8x
Q1 FY27 · consolidated
EBITDA MARGIN
21.6%
TTM · consolidated
NET PROFIT MARGIN
13.8%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Iron & Steel Products
As of Q1 FY27