Usha Martin Ltd. (USHAMART) fundamentals

Usha Martin Ltd. is a listed company in Industrial Products, part of the Capital Goods sector, listed on the NSE as USHAMART (ISIN INE228A01035). This page carries its reported financials, balance sheet, cash flow, shareholding pattern and valuation ratios.

What Usha Martin Ltd. does

Usha Martin Limited is an India-based specialty steel wire rope solutions provider. The Company is also engaged in the manufacturing of wires, low relaxation prestressed concrete steel strand (LRPC), wires, prestressing solutions, cables, and bespoke end-fitments and accessories. Its segments include Wire and Wire ropes, and Others. The Wire and Wire ropes segment is engaged in the manufacturing and sale of steel wires, strands, wire ropes, cords, related accessories, wire drawing and allied machine, among others. The Others segment is engaged in the manufacturing and sale of jelly filled and optical fiber telecommunication cables. It provides various wire ropes, such as crane rope, mining rope, elevator rope, oil and offshore rope, fishing rope, general engineering rope, aerial transportation rope, structural rope, and conveyor rope. Its LRPC strands include unbonded polymer coated LRPC strand, bonded polymer coated LRPC strand, compacted LRPC strand, and intended LRPC strand.

Valuation and market data

Last close₹494.50
Market capitalisation₹15,876 crore
Enterprise value₹15,848 crore
P/E (TTM)32.32
Price to book4.81
Price to sales (TTM)2.41
Book value per share₹102.85
Dividend yield75.83%
SectorCapital Goods
IndustryIndustrial Products
Listed sinceWed Oct 11

Annual results

PeriodRevenueProfit before taxNet profitEPS
Mar 2026₹2,386 crore₹496 crore₹378 crore11.60
Mar 2025₹2,212 crore₹405 crore₹302 crore9.92
Mar 2024₹2,106 crore₹421 crore₹322 crore10.57
Mar 2023₹2,072 crore₹287 crore₹214 crore7.01
Mar 2022₹1,844 crore₹253 crore₹211 crore6.94

Figures are as reported (standalone), in ₹ crore.

Shareholding pattern

As of Jun 2026:

Promoters40.3%
Foreign institutions (FII)15.1%
Mutual funds12.1%
Other domestic institutions3.1%
Retail and others29.4%

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Data is sourced from exchange filings and vendor feeds and is for research, not investment advice. Figures can be restated by the company after publication.