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  7. Usha Martin Ltd
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HomeStocksIron & Steel ProductsUsha Martin Ltd

Usha Martin Ltd Stock Price Today (NSE: USHAMART)

Usha Martin Ltd

USHAMARTIron & Steel Products
₹391.45+₹0.00 (+0.00%)↑
As on 30 Mar 2026, 12:07 pm ISTMarket Closed

Fundamental Score

...

Usha Martin Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Usha Martin Ltd share price today is ₹391.45, up +0.00% on NSE/BSE as of 30 March 2026. Usha Martin Ltd (USHAMART) is a Mid-cap company in the Iron & Steel Products sector with a market capitalisation of ₹12.88K (Cr). The 52-week high for USHAMART share price is ₹497.10 and the 52-week low is ₹285.40. At a P/E ratio of 30.52x, USHAMART is currently trading above its industry average P/E of 22.05x. The company has a Return on Equity (ROE) of 15.83% and a debt-to-equity ratio of 0.09.

Usha Martin Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
+0.00%

Returns & Performance

Average

ROE

15.83%
Good

ROCE

18.75%
Excellent

OPM (5Y)

16.08%

Div Yield

0.71%

Usha Martin Ltd Valuation Check

Poor

P/E Ratio

30.52x
Poor

Industry P/E

22.05x
Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Market Cap

12.88K (Cr)

Growth Engine

Average

Profit Growth (Q)

16.20%
Poor

Sales Growth (Q)

1.84%
Average

Sales Growth (5Y)

10.03%
Poor

EPS Growth (5Y)

-0.10%
Poor

Profit Growth (5Y)

-0.10%

Balance Sheet Health

Excellent

Debt to Equity

0.09x
Excellent

Int. Coverage

21.65x

Free Cash Flow (5Y)

791.15 (Cr)

Shareholding

Excellent

Promoter

41.76%
Good

FII

14.14%
Good

DII

12.29%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Usha Martin Share Price: A Financial Analysis for Dominance

The Iron & Steel Products sector is currently experiencing a period of significant volatility driven by fluctuating raw material costs and evolving global demand. In this context, this financial analysis aims to provide an observational assessment of the factors influencing the Usha Martin share price, currently trading at ₹416.85. Our analysis focuses on key financial metrics and comparative performance within its competitive landscape. This assessment is part of a comprehensive 80-parameter fundamental audit verified by Sweta Mishra.

Usha Martin's Price-to-Earnings (PE) ratio of 30.52 suggests that the market has relatively high expectations for future earnings growth compared to the broader market. This multiple positions it within a sector where investor sentiment can dramatically shift based on economic forecasts and infrastructure spending announcements. However, it's crucial to consider this PE in conjunction with other key indicators such as Return on Capital Employed (ROCE).

The company’s ROCE of 18.75% is a crucial indicator of its efficiency in generating profits from invested capital. This relatively strong ROCE contributes to a stronger competitive moat, as it indicates Usha Martin is effectively utilizing resources and potentially outpacing competitors in profitability. A higher ROCE, sustained over time, signifies a company’s ability to reinvest profits and compound growth. This directly affects future valuations and impacts shareholder returns.

Comparing Usha Martin Ltd to its peers, such as Azad India, is vital for context. Management quality and strategic decision-making often differentiate companies within the same sector. While both firms operate in the Iron & Steel domain, their approaches to operational efficiency, capital allocation, and risk management can significantly impact financial performance and, subsequently, investor confidence. Further investigation of management's track record and strategic initiatives is warranted. Investors are advised to conduct thorough due diligence and consult with a qualified financial advisor before making any investment decisions.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Usha Martin Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of USHAMART across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Return on Equity (15.83%)

Observation: Efficient use of shareholders' capital generating superior returns.

Analysis: ROE >15% indicates strong profitability and effective management. This metric suggests the company can generate substantial returns on invested capital.

Excellent ROCE Performance (18.75%)

Observation: Superior returns on capital employed across business operations.

Analysis: ROCE >15% demonstrates efficient capital deployment and strong operational performance.

Strong Operating Margins (16.08%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Conservative Debt Levels (D/E: 0.09)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (21.65x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Strong Cash Generation (₹791.15 Cr over 5Y)

Observation: Healthy free cash flow generation supports growth and returns.

Analysis: Strong FCF provides flexibility for dividends, debt reduction, and growth investments.

Strong Institutional Confidence (FII+DII: 26.43%)

Observation: Significant professional investor participation.

Analysis: High institutional holding often signals thorough due diligence.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

2 factors identified

Weak Earnings Growth (-0.10% CAGR)

Observation: Below-average 5-year EPS growth performance.

Analysis: Low EPS growth may not keep pace with inflation.

Stagnant Profit Growth (-0.10% CAGR)

Observation: Limited 5-year profit growth trajectory.

Analysis: Low profit growth may indicate scalability challenges or market maturity.

Usha Martin Ltd Financial Statements

Comprehensive financial data for Usha Martin Ltd including income statement, balance sheet and cash flow

About USHAMART (Usha Martin Ltd)

Usha Martin Ltd is a global powerhouse in the iron and steel industry, deeply rooted in the manufacturing and distribution of specialized steel products. They are pioneers in craft...ing high-tensile steel wires, robust wire ropes, and precision-engineered strands, catering to diverse sectors from infrastructure and mining to automotive and energy. Each product is meticulously designed and manufactured to meet stringent international standards, offering unmatched strength, durability, and reliability. The company's commitment to innovation and technological advancement drives continuous improvement in their manufacturing processes, resulting in superior-quality products that withstand the most demanding operational environments. Usha Martin's unwavering focus on customer satisfaction and technical expertise solidifies its position as a trusted partner for industries seeking critical solutions for lifting, anchoring, and reinforcing applications. Usha Martin's product portfolio showcases a commitment to versatility and specialization. They offer a comprehensive range of steel wire ropes, each meticulously engineered for specific applications. These ropes, crucial components for lifting and hoisting, find extensive use in construction, mining, and material handling. The company's expertise also extends to specialized steel strands, acting as vital components in pre-stressed concrete structures, bridges, and other critical infrastructure projects. Additionally, Usha Martin produces a variety of high-performance steel wires, catering to diverse needs, including spring manufacturing, welding applications, and electrical conductivity. Their dedication to understanding and addressing the unique challenges faced by their clients leads to customized solutions that optimize performance and safety. Beyond its core product offerings, Usha Martin distinguishes itself through a strong focus on research and development and a commitment to sustainable practices. Their dedicated R&D team constantly explores new materials and manufacturing techniques to enhance product performance and reduce environmental impact. This emphasis on innovation allows Usha Martin to stay ahead of the curve, delivering cutting-edge solutions that meet the evolving needs of its customers. Through responsible sourcing, efficient resource management, and a focus on minimizing waste, Usha Martin demonstrates a deep commitment to environmental stewardship, ensuring a sustainable future for the industry and the communities it serves.

Company Details

Symbol:USHAMART
Industry:Iron & Steel Products
Sector:Iron & Steel Products
Website:https://www.ushamartin.com

Key Leadership

Mr. Rajeev Jhawar
MD & Executive Director
Mr. Abhijit Paul
Chief Financial Officer
Mr. Manish Agarwal
Company Secretary & Compliance Officer

Corporate Events

Recent
Ex-Dividend Date
2025-07-31

USHAMART Share Price: Frequently Asked Questions

What is the current share price of Usha Martin Ltd (USHAMART)?

As of 30 Mar 2026, 12:07 pm IST, Usha Martin Ltd share price is ₹391.45. The USHAMART stock has a market capitalisation of ₹12.88K (Cr) on NSE/BSE.

Is USHAMART share price Overvalued or Undervalued?

USHAMART share price is currently trading at a P/E ratio of 30.52x, compared to the industry average of 22.05x. Based on this relative valuation, the Usha Martin Ltd stock appears to be Overvalued against its sector peers.

What is the 52-week high and low of USHAMART share price?

The 52-week high of USHAMART share price is ₹497.10 and the 52-week low is ₹285.40. These values are updated daily from NSE/BSE price data.

What factors affect the Usha Martin Ltd share price?

Key factors influencing USHAMART share price include quarterly earnings growth (Sales Growth: 1.84%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Usha Martin Ltd a good stock for long-term investment?

Usha Martin Ltd shows a 5-year Profit Growth of -0.10% and an ROE of 15.83%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.09 before investing in USHAMART shares.

How does Usha Martin Ltd compare with its industry peers?

Usha Martin Ltd competes with major peers in the Iron & Steel Products. Investors should compare USHAMART share price P/E of 30.52x and ROE of 15.83% against the industry averages to determine competitive standing.

What is the P/E ratio of USHAMART and what does it mean?

USHAMART share price has a P/E ratio of 30.52x compared to the industry average of 22.05x. Investors pay ₹31 for every ₹1 of annual earnings.

How is USHAMART performing according to Bull Run's analysis?

USHAMART has a Bull Run fundamental score of 43.7/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does USHAMART belong to?

USHAMART operates in the Iron & Steel Products industry. This classification helps understand the competitive landscape and sector-specific trends affecting Usha Martin Ltd share price.

What is Return on Equity (ROE) and why is it important for USHAMART?

USHAMART has an ROE of 15.83%, which indicates excellent management efficiency. ROE measures how efficiently Usha Martin Ltd generates profits from shareholders capital.

How is USHAMART debt-to-equity ratio and what does it indicate?

USHAMART has a debt-to-equity ratio of 0.09, which indicates conservative financing with low financial risk.

What is USHAMART dividend yield and is it a good dividend stock?

USHAMART offers a dividend yield of 0.71%, meaning you receive ₹0.71 annual dividend for every ₹100 invested in Usha Martin Ltd shares.

How has USHAMART share price grown over the past 5 years?

USHAMART has achieved 5-year growth rates of: Sales Growth 10.03%, Profit Growth -0.10%, and EPS Growth -0.10%.

What is the promoter holding in USHAMART and why does it matter?

Promoters hold 41.76% of USHAMART shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Usha Martin Ltd.

What is USHAMART market capitalisation category?

USHAMART has a market capitalisation of ₹12880 crores, placing it in the Mid-cap category.

How volatile is USHAMART stock?

USHAMART has a beta of N/A. A beta > 1 suggests the Usha Martin Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is USHAMART operating profit margin trend?

USHAMART has a 5-year average Operating Profit Margin (OPM) of 16.08%, indicating the company's operational efficiency.

How is USHAMART quarterly performance?

Recent quarterly performance shows Usha Martin Ltd YoY Sales Growth of 1.84% and YoY Profit Growth of 16.20%.

What is the institutional holding pattern in USHAMART?

USHAMART has FII holding of 14.14% and DII holding of 12.29%. Significant institutional holding often suggests professional confidence in the Usha Martin Ltd stock.

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Frequently Asked Questions about Usha Martin Ltd

What is the current share price of Usha Martin Ltd?

Usha Martin Ltd (USHAMART) trades at ₹391.45 on NSE and BSE. Market cap ₹12.88K (Cr). Educational data only.

What is the P/E ratio of Usha Martin Ltd?

Usha Martin Ltd has a P/E of 30.52x vs industry average 22.05x.

What is the Bull Run score for Usha Martin Ltd?

Usha Martin Ltd has a Bull Run score of 43.7/100 based on 25+ financial parameters.

Does Usha Martin Ltd pay dividends?

Usha Martin Ltd has a dividend yield of 0.71%. Past dividends don't guarantee future payments.

What is the ROE of Usha Martin Ltd?

Usha Martin Ltd has ROE of 15.83%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Usha Martin Ltd?

Usha Martin Ltd has debt-to-equity of 0.09.

Is Usha Martin Ltd a good investment?

Bull Run gives Usha Martin Ltd a score of 43.7/100. This is not investment advice — consult a SEBI-registered advisor.