USHAMART

Iron & Steel Products

Usha Martin Ltd.

NSE: USHAMARTBSE: 517146ISIN: INE228A01035
₹495.70
-0.70 · -0.14%
As of 24 Jul 2026
Open
₹498.40
High
₹499.95
Low
₹488.80
Prev Close
₹496.40
52W High
₹527.50
52W Low
₹333.60
Volume
3.31 L
Mkt Cap
₹15,089 Cr
Fundamentals
Valuation & profitability
Market Cap
₹15,089 Cr
P/E Ratio
26
EPS (TTM)
₹19.07
Book Value
₹78.10
Dividend Yield
0.76%
ROCE
22.1%
ROE
19.2%
Sales Growth
15%
Face Value
₹1.00
Company overview
Usha Martin Ltd.

Usha Martin Limited was founded in the year 1960 and is headquartered in Kolkata, India. The company is involved in manufacturing and supply of wire ropes, steel wire, and specialty steel products. Over the years, the company has diversified into other businesses like power transmission and telecom cables, engineering, and construction.

The company has faced financial challenges in recent years and has been undergoing debt restructuring since 2018. The latest financial results show a revenue of INR 7,831 crore in FY20 and a net loss of INR 1,065 crore.

The major products offered by Usha Martin include wire ropes, steel wire, speciality steel products, and engineering and construction services. The revenue and profit mix for these products is not publicly available.

The growth drivers for the company in the future could be investment in technology, expansion of its product portfolio, and focusing on its core business of wire ropes and specialty steel products.

The industry Usha Martin operates in is highly competitive and the company faces competition from players like Tata Steel, JSW Steel, and Bhushan Steel among others.

Key highlights
Auto-generated from live data
  • Trades at a P/E of 26, with a return on equity (ROE) of 19.2%.
  • USHAMART is trading above 3 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bullish technical setup.
  • Year-to-date it is up 12.37%, and up 10.93% over the past year.
  • At ₹495.70 it sits about 84% of the way up its 52-week range (₹333.60–₹527.50).
  • Offers a dividend yield of 0.76%.
  • Market capitalisation stands at ₹15,089 Cr.
Price chart
Daily candles + volume · SMA 20 / 50 / 200 · stored OHLC
Shareholding pattern

Shareholding data syncs daily.

Performance
Stock returns vs Nifty 50
10D
+0.63%
Nifty -0.64%
20D
-2.56%
Nifty -1.72%
50D
+1.02%
Nifty +2.68%
100D
+13.84%
Nifty -1.14%
200D
+10.03%
Nifty -8.93%
YTD
+12.37%
Nifty -8.59%
52W
+10.93%
Nifty -7.86%
Moving averages
Simple moving averages vs current price
3/5 above · Bullish
SMA 10-Day
₹499.71Below
SMA 20-Day
₹500.56Below
SMA 50-Day
₹491.25Above
SMA 100-Day
₹460.81Above
SMA 200-Day
₹450.51Above
Price ranges
Where the price sits in each window
10-Day range₹495.70
₹485.00₹516.80
20-Day range₹495.70
₹476.65₹519.85
50-Day range₹495.70
₹455.00₹527.50
200-Day range₹495.70
₹380.00₹527.50
YTD range₹495.70
₹380.00₹527.50
52-Week range₹495.70
₹333.60₹527.50
Technical signals
Unfilled gaps acting as support / resistance
Unfilled Gap Up On 29 Jun, 2026 : 476.65 ~ 476.30SUPPORT
Unfilled Gap Up On 09 Mar, 2023 : 197.40 ~ 196.20SUPPORT
Unfilled Gap Up On 06 Mar, 2023 : 182.05 ~ 181.90SUPPORT
Unfilled Gap Up On 07 Aug, 2020 : 19.65 ~ 19.10SUPPORT
Annual financials
Revenue, profit & EPS by financial year
YearRevenueNet ProfitEPSNPM
Mar 2023₹2,042 Cr₹214 Cr₹7.0110.48%
Mar 2022₹1,810 Cr₹211 Cr₹6.9311.66%
Mar 2021₹2,097 Cr₹150 Cr₹4.917.15%
Mar 2021₹2,097 Cr₹150 Cr₹4.917.15%
Mar 2020₹2,154 Cr₹419 Cr₹13.7419.45%
Mar 2020₹2,154 Cr₹419 Cr₹13.7419.45%
Mar 2019₹2,470 Cr₹48 Cr₹1.571.94%
Mar 2019₹2,470 Cr₹48 Cr₹1.571.94%
Mar 2018₹2,066 Cr₹-271.00 Cr₹0.00-13.12%
Mar 2017₹3,882 Cr₹-359.00 Cr₹0.00-9.25%
Mar 2016₹4,112 Cr₹-430.00 Cr₹0.00-10.46%
Mar 2015₹4,561 Cr₹-253.00 Cr₹0.00-5.55%
Peer comparison
Other companies in Iron & Steel Products
CompanyP/EBook ValueSales Growth
SHANKARA
Shankara Building Products Ltd
39.31₹143.719.86%
TIIL
TECHNOCRAFT INDUSTRIES (INDIA) LTD.
8.12₹329.0714.56%
GANDHITUBE
GANDHI SPECIAL TUBES LTD.-$
13.82₹153.7310.47%
VSSL
Vardhman Special Steels Ltd
71.71₹89.1219.75%
MSPL
MSP STEEL & POWER LTD.
0₹15.3122.79%
ELECTHERM
ELECTROTHERM (INDIA) LTD.
1.15₹-741.4922.89%
BHARATWIRE
Bharat Wire Ropes Ltd
0₹14.8958.22%
MAHASTEEL
MAHAMAYA STEEL INDUSTRIES LTD.
27.43₹69.8813.6%
GOODLUCK
Goodluck India Ltd
3.71₹130.9319.13%
RAMASTEEL
Rama Steel Tubes Ltd
14.73₹49.2423.37%
APLAPOLLO
APL APOLLO TUBES LTD.
36.16₹452.1225.78%
Dividend history
Per share, by ex-date
Ex-Date: 20 Jul 2022₹2.00
Ex-Date: 18 Jul 2013₹0.15
Ex-Date: 19 Jul 2011₹1.00
Ex-Date: 16 Jul 2010₹1.00
Ex-Date: 16 Jul 2009₹1.00
Ex-Date: 14 Jul 2008₹1.00
Ex-Date: 12 Jul 2007₹3.75
Ex-Date: 07 Aug 2001₹2.50
Bulk & block deals
Recent large transactions
DateClientTypeQtyPrice
19 Mar 2019ANTARA INDIA EVERGREEN FUND LTDPURCHASE17,15,000₹35.35
19 Mar 2019SOCIETE GENERALESALE17,15,000₹35.35
28 Mar 2014 ICICI PRUDENTIAL DYNAMIC PLANSALE38,05,795₹33.90
28 Mar 2014 ICICI PRUDENTIAL VALUE FUND SERIES IIIPURCHASE38,05,795₹33.90
05 Feb 2009CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTDSALE52,18,594₹23.80
05 Feb 2009CREDIT SUISSE SINGAPORE LIMITEDPURCHASE52,18,594₹23.80
18 Sept 2008DEUTSCHE SECURITIES MAURITIUS LIMITEDPURCHASE53,65,185₹59.00
18 Sept 2008MORGAN STANLEY MAURITIUS COMPANY LIMITEDSALE53,65,185₹59.00
25 Jul 2007LEGG MASON INTERNATIONAL EQUITIES SINGAPORE PTE LTDPURCHASE2,31,465₹284.56
17 Jan 2007HSBC GLOBAL INVESTMENT FUSALE5,00,000₹180.00
17 Jan 2007SUNDARAM MUTUAL FUND AC SPURCHASE5,03,980₹179.99
18 Apr 2006MIRAE ASSET INVESTMENT MASALE4,00,000₹202.07

Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.