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Usha Martin Ltd

(USHAMART)

₹419.352.25%

as on 04:01PM, 21 Oct 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Usha Martin Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Usha Martin Ltd. An average target of ₹471

Source: S&P Global Market Intelligence

Usha Martin Ltd Share analysis

Usha Martin Ltd price forecast by 1 analysts

Upside of9.79%

High

₹471

Target

₹471.00

Low

₹471

Usha Martin Ltd target price ₹471, a slight upside of 9.79% compared to current price of ₹419.35. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Usha Martin Ltd Performance

  • Day's Low

    Day's High

    ₹406.55
    ₹437.8
  • 52 Week's Low

    52 Week's High

    ₹252.8
    ₹451
1 Month Return+ 22 %
3 Month Return+ 17.04 %
1 Year Return+ 51.46 %
Previous Close₹429.00
Open₹432.90
Volume19.28L
Upper Circuit-
Lower Circuit-
Market Cap₹13,073.42Cr

Usha Martin Ltd Key Statistics

P/E Ratio30.58
PEG Ratio16.01
Market Cap₹13,073.42 Cr
P/B Ratio7.37
EPS13.89
Dividend Yield0.87
SectorSteel
ROE26.85

Usha Martin Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹13,073.42 Cr277.4%0.56₹424 Cr₹3,225 Cr
BUY₹2,587.96 Cr4.52%0.50₹41 Cr₹317 Cr
NA₹356.82 Cr98.06%0.66NANA
BUY₹4,053.84 Cr17.06%0.51₹113 Cr₹2,040 Cr
NA₹3,506.84 Cr18.89%0.55NANA

About Usha Martin Ltd

Usha Martin Ltd is an internationally renowned manufacturer of speciality steel and wire ropes. The Company has 6 manufacturing facilities located in Ranchi, Hoshiarpar, Silvassa, Dubai, Bangkok and the United Kingdom, as well as overseas manufacturing operations in Thailand, United Kingdom, United States and Dubai. The Company is engaged in the business of wire and wire ropes, manufacture and sale of steel wires, strands, wire ropes, cord, bright bars, related accessories, wire drawing and related machinery, jelly filled telecommunications cables. Founded in 1986, the Company merged with Usha Martin Industries Ltd in 1997 to reduce cost and enhance productivity. In 2003 the name of Usha Beltron Ltd was changed to Usha Martin Ltd. Usha Martin Ltd have taken acquisition stake in Usha Siam Steel Industries Public Ltd Company Bangkok, Brunton Shaw Ltd UK and Wire & Wire Rope Division North which was commissioned on June 1, 2005 and eventually ceased to be a Joint Venture of the Company in August 2016. The Company has invested in many projects such as setting up of blast furnace, iron ore mining, captive power plants, 30 MW thermal power plant, third smelting shop, bloom mill, etc. As of April 2019, the Company had a steel making capacity of nearly 1 million tons and a wire ropes capacity of 2,59,320MT.

Share Price: ₹419.35 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹13,073.42Cr as of today
Revenue: ₹826.37Cr as on June 2024 (Q2 24)
Net Profit: ₹103.84Cr as on June 2024 (Q2 24)
Listing date: 10 Jan, 1995
Chairperson Name: Vijay Singh Bapna
OrganisationUsha Martin Ltd
HeadquartersKolkata
IndustrySteel
E-voting on sharesClick here to vote

Key events for Usha Martin Ltd

  • Usha Martin Shares Hit Record High on Volume Surge - 11 Oct, 2024

    On October 11, 2024, Usha Martin shares surged over 16%, hitting a record high amid a significant increase in trading volumes, reflecting strong bullish sentiment.

Insights on Usha Martin Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, USHAMART has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, USHAMART stock has moved up by 22.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 34.85% to 35.08% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, USHAMART has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.49% to 4.69% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 109.47 Cr → 104.11 Cr (in ₹), with an average decrease of 1.7% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 14.56% to 13.97% in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 843.06 Cr → 835.44 Cr (in ₹), with an average decrease of 0.9% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 45.35% to 44.42% in Jun 2024 quarter

Usha Martin Ltd Financials

Value in ₹ crore
DetailsQ'2 23Q'3 23Q'4 23Q'1 24Q'2 24
Revenue₹814.38Cr (-)₹784.70Cr (↓3.64%)₹797.09Cr (↑1.58%)₹829.03Cr (↑4.01%)₹826.37Cr (↓0.32%)
Net Income₹100.76Cr (-)₹109.52Cr (↑8.69%)₹107.51Cr (↓1.84%)₹106.33Cr (↓1.10%)₹103.84Cr (↓2.34%)
Net Profit Margin12.37% (-)13.96% (↑12.85%)13.49% (↓3.37%)12.83% (↓4.89%)12.57% (↓2.03%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,510.52Cr (-)₹1,545.99Cr (↑2.35%)₹1,641.41Cr (↑6.17%)₹1,819.62Cr (↑10.86%)
Total Liabilities₹796.16Cr (-)₹618.47Cr (↓22.32%)₹561.70Cr (↓9.18%)₹499.83Cr (↓11.01%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹148.12Cr (-)₹110.76Cr (↓25.22%)₹184.89Cr (↑66.93%)₹141.66Cr (↓23.38%)₹301.11Cr (↑112.56%)

Index Inclusions

Nifty MidSmallcap 400

₹20,226.95

-1.55 (-318.85%)

S&P BSE 400 MidSmallCap

₹12,432.98

-1.5 (-189.77%)

S&P BSE 250 SmallCap

₹7,272.82

-1.48 (-109.35%)

BSE 500

₹36,661.79

-0.72 (-265.21%)

S&P BSE Indus.

₹15,363.82

-1.65 (-257.73%)

BSE Small-Cap

₹55,648.96

-1.51 (-851.09%)

S&P BSE AllCap

₹10,734.78

-0.78 (-84.78%)

Nifty 500

₹23,263.25

-0.76 (-177.45%)

Nifty Smallcap 250

₹17,936.30

-1.65 (-300.5%)

Usha Martin Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
44.42%
-2.03
Foreign Institutions
13.97%
-4.05
Mutual Funds
4.69%
34.29
Retail Investors
35.08%
0.68
Others
1.83%
4.44

Usha Martin Ltd Key Indicators

Details20202021202220232024
Book Value Per Share (₹)40.1945.9655.4666.577.92
Details20202021202220232024
Earning Per Share (₹)13.774.819.5411.4813.89
Details20202021202220232024
Return On Equity %25.986.615.1421.2926.85
Details20202021202220232024
Return On Assets %27.839.918.8421.3323.3

Usha Martin Ltd Valuation

Usha Martin Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-21.21x)

November 14, 2018

Industry (25.87x)

October 18, 2024

Today (30.58x)

October 18, 2024

Highest (111.49x)

March 27, 2019

LowHigh

Usha Martin Ltd Earnings and Dividends

  • Usha Martin Ltd Earnings Results

    Usha Martin Ltd’s net profit jumped 3.36% since last year same period to ₹104.11Cr in the Q1 2024-2025. On a quarterly growth basis, Usha Martin Ltd has generated -2.02% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Usha Martin Ltd Dividends April,2024

    In the quarter ending March 2024, Usha Martin Ltd has declared dividend of ₹2.75 - translating a dividend yield of 1.25%.

    Read More about Dividends

Usha Martin Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Usha Martin Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Usha Martin Ltd

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Usha Martin Ltd (USHAMART) share price today is ₹419.35

Usha Martin Ltd is listed on NSE

Usha Martin Ltd is listed on BSE

  • Today’s highest price of Usha Martin Ltd is ₹437.8.
  • Today’s lowest price of Usha Martin Ltd is ₹406.55.

PE Ratio of Usha Martin Ltd is 30.58

PE ratio = Usha Martin Ltd Market price per share / Usha Martin Ltd Earnings per share

Today’s traded volume of Usha Martin Ltd(USHAMART) is 19.28L.

Today’s market capitalisation of Usha Martin Ltd(USHAMART) is ₹13073.42Cr.

Usha Martin Ltd(USHAMARTPrice
52 Week High
₹451
52 Week Low
₹252.8

Usha Martin Ltd(USHAMART) share price is ₹419.35. It is down -7.02% from its 52 Week High price of ₹451

Usha Martin Ltd(USHAMART) share price is ₹419.35. It is up 65.88% from its 52 Week Low price of ₹252.8

Usha Martin Ltd(USHAMARTReturns
1 Day Returns
-9.65%
1 Month Returns
22%
3 Month Returns
17.04%
1 Year Returns
51.46%