- Valuation
- ₹12,480 Cr

About Usha Martin
Usha Martin is a publicly listed company based in Kolkata (India) founded in 1960 by Basant Jhawar. Industrial wire ropes are manufactured by Usha Martin in India. The company has 5,000 employees. Its website ushamartin.com draws about 16 thousand monthly visits. Its Indian entity Usha Martin Limited reported revenue of βΉ3,778 Cr. Usha Martin offers products and services including Wire Rope and LRPC Strand.
Company details
Usha Martin was established in 1960 in Kolkata, India, by founder Basant Jhawar. The company operates in the manufacturing sector, focusing on industrial wire ropes for applications in mining, construction, and energy. Production facilities are maintained primarily in India, with distribution serving domestic and international markets. Core activities include wire rope fabrication and related steel products, supporting infrastructure and heavy industry needs.
Recognitions & Rankings of Usha Martin
- Headquarters Kolkata, India
- Employees 5,000
- Founders Basant Jhawar
- Stage Public
- Emailβ’β’β’β’β’β’β’β’
- Website ushamartin.com
- Social LinkedIn X Facebook YouTube
- Legal Name Usha Martin Limited
- Market Cap₹14,810 Cr
USHAMART · NSE
- Share Price₹487.65
+0.34% today
- Revenue₹3,691 Cr
FY 2025-26 · +6.2% YoY
- EBITDA₹663 Cr
Margin 18.0%
- Net Profit₹457 Cr
FY 2025-26 · +12.8% YoY
- P/E (TTM)25.8x
P/B 4.3x
- ROE15.4%
ROCE 18.6%
- Debt / Equity0.11
Interest cover 3.6x
- Employee Count5,000
Associated legal entities of Usha Martin
Usha Martin operates through Usha Martin Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Usha Martin Limited Listed CIN L31400WB1986PLC091621 | Active | 22 May 1986 | Kolkata, West Bengal | ₹3,778 Cr | 2,356 | 12 | View details |
Products & Services of Usha Martin
Usha Martin offers a comprehensive portfolio of products and services, including Wire Rope and LRPC Strand.
Wire ropes are manufactured for critical applications in sectors like cranes and mining.
LRPC strands are produced for prestressing purposes in construction projects.
Apps and channels of Usha Martin
its YouTube channel Usha Martin has 474 subscribers and 30 videos.
Videos from Usha Martin
The most watched videos on Usha Martin's YouTube channel, Usha Martin (474 subscribers). Click a video to play it here.
More on Usha Martin.
Board of directors of Usha Martin Limited (Usha Martin)
Usha Martin Limited is the primary company behind Usha Martin. The board of Usha Martin Limited currently have 10 directors; the longest-serving is Rajeev Jhawar, appointed in 1998. 32 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rajeev Jhawar DIN 00086164 | Managing Director | 19 May 1998 | 28 yrs 5 mo | Usha Martin Limited |
| Vijay Singh Bapna DIN 02599024 | Director | 27 May 2019 | 7 yrs 5 mo | Usha Martin Limited |
| Ramni Nirula DIN 00015330 | Director | 26 Jul 2019 | 7 yrs 3 mo | Usha Martin Limited |
| Venkatachalam Ramakrishnaiyer DIN 02194830 | Director | 12 Nov 2021 | 4 yrs 11 mo | Usha Martin Limited |
| Sethurathnam Ravi DIN 00009790 | Director | 12 Nov 2021 | 4 yrs 11 mo | Usha Martin Limited |
| Sharngbhritprasanna Bhanu Pratapnarayan Sharma DIN 08167106 | Whole-time director | 01 Apr 2024 | 2 yrs 7 mo | Usha Martin Limited |
| Chirantan Chatterjee DIN 10506056 | Whole-time director | 12 May 2025 | 1 yr 5 mo | Usha Martin Limited |
| Sabyasachi Majumder DIN 11683481 | Additional Director | 26 May 2026 | 5 mo | Usha Martin Limited |
| Dimitri Bracco Gartner DIN 11689885 | Additional Director | 26 May 2026 | 5 mo | Usha Martin Limited |
| Shreya Jhawar DIN 11693142 | Additional Director | 26 May 2026 | 5 mo | Usha Martin Limited |
People of Usha Martin
22 people are tracked at Usha Martin (6 in leadership, 16 in team); the tracked headcount is 5,000.
| Name | Role | Group |
|---|---|---|
| Founder | Leadership | |
| CEO | Leadership | |
Sunil Sadani | Vice President Commercal | Leadership |
Sunil Jala | Sr. VP And Group CIO | Leadership |
Anjan Dey | Sr. Vice President (iron Division) | Leadership |
Ramesh Pandey | Production Head Of Dept | Leadership |
Sonal Patel | Design Engineer | Team |
Subhra Sankha Paul | Engineer | Team |
Naveen Kumar | Engineer | Team |
Manish Raj | HR | Team |
Tapas Kumar Kundu | Maintenance Engineer(power Plant) | Team |
Prasant Kumar Muduli | Electrical Engineer | Team |
Mekprasan Singh | Electrical Engineer | Team |
Vijay Mutalik | Manager E&i(pellet Plant,benficiation Plant) | Team |
Subrat Sahu | Deputy Manager | Team |
Arvind Kumar | Deputy Manager IT | Team |
Manish Ishwar | Asst Works Manager | Team |
Ashok Bhagat | Graduate Engineer Trainee | Team |
Sumit Verma | Mechanical Engineer | Team |
Dharmendra Tiwari | Sr.engineer Mechanical | Team |
2 more people are available in the full profile.
Complete people profiles for Usha Martin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Usha Martin
Usha Martin is a publicly listed company on the NSE with ticker symbol USHAMART in India, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date11 Oct 2000
- Listed onNSE: USHAMART
- Listed entityUsha Martin Limited
- Exchange sectorProducer manufacturing
- ISININE228A01035
- Share price₹485.75 (-0.14% on the day) · 2026-10-14
- Market capitalisation₹14,827 Cr
- Price to earnings29.2
- EPS (diluted, trailing year)₹16.63
- Dividend yield0.78%
- Volume (last session)202,653
Financials of Usha Martin
Exchange-reported figures of Usha Martin Limited, the listed company behind Usha Martin (NSE: USHAMART).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,691 | 3,474 | 3,225 | 3,268 | 2,688 | 2,097 | 2,154 |
| Revenue growth | +6.2% | +7.7% | -1.3% | +21.6% | +28.2% | -2.6% | - |
| EBITDA | 663 | 597 | 599 | 513 | 384 | 279 | 232 |
| EBITDA margin | +18.0% | +17.2% | +18.6% | +15.7% | +14.3% | +13.3% | +10.8% |
| Profit before tax | 615 | 527 | 550 | 455 | 346 | 183 | 630 |
| Net profit | 457 | 405 | 424 | 349 | 264 | 149 | 408 |
| Net profit margin | +12.4% | +11.7% | +13.1% | +10.7% | +9.8% | +7.1% | +18.9% |
| EPS (βΉ) | 15.27 | 13.35 | 13.88 | 11.46 | 9.54 | 4.90 | 13.71 |
| Balance sheet | |||||||
| Total assets | 3,587 | 3,215 | 2,792 | 2,515 | 2,196 | 2,025 | 1,966 |
| Net worth | 3,302 | 2,752 | 2,380 | 2,031 | 1,694 | 1,404 | 1,227 |
| Total debt | 229 | 417 | 364 | 417 | 411 | 530 | 620 |
| Cash & bank | 478 | 275 | 168 | 162 | 165 | 119 | 112 |
| Net working capital | 1,722 | 1,492 | 1,279 | 1,204 | 1,067 | 822 | 720 |
| Cash flow | |||||||
| Cash from operations | 655 | 422 | 444 | 252 | 159 | 214 | 212 |
| Cash from investing | (353) | (219) | (285) | (155) | 56.94 | (34.07) | 2,942 |
| Cash from financing | (321) | (91.49) | (159) | (101) | (161) | (177) | (3,105) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,033 | 979 | 917 | 908 | 887 | 896 | 861 | 891 |
| Revenue growth (YoY) | +16.4% | +9.3% | +6.6% | +1.8% | +7.4% | - | - | - |
| Other income | 13.53 | 31.12 | 8.75 | 27.56 | 19.96 | 27.85 | 9.18 | 11.10 |
| EBITDA | 208 | 201 | 163 | 155 | 145 | 140 | 143 | 161 |
| EBITDA margin | +20.1% | +20.5% | +17.7% | +17.1% | +16.3% | +15.6% | +16.6% | +18.0% |
| Depreciation | 33.52 | 31.24 | 28.81 | 27.66 | 28.69 | 27.76 | 25.57 | 22.79 |
| Interest | 3.90 | 3.52 | 4.77 | 5.09 | 6.25 | 6.54 | 8.67 | 7.67 |
| Profit before tax | 184 | 197 | 138 | 150 | 130 | 133 | 118 | 141 |
| Tax | 42.08 | 49.25 | 30.09 | 40.21 | 28.82 | 32.21 | 25.36 | 32.10 |
| Net profit | 142 | 148 | 108 | 110 | 101 | 101 | 92.26 | 109 |
| EPS (βΉ) | 4.66 | 4.84 | 3.53 | 3.61 | 3.31 | 3.32 | 3.04 | 3.59 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,312 | 2,171 | 2,046 | 2,042 | 1,810 | 1,346 | 1,393 |
| Revenue growth | +6.5% | +6.1% | +0.2% | +12.8% | +34.5% | -3.4% | - |
| EBITDA | 460 | 422 | 400 | 298 | 251 | 187 | 171 |
| EBITDA margin | +19.9% | +19.4% | +19.6% | +14.6% | +13.9% | +13.9% | +12.3% |
| Profit before tax | 471 | 405 | 421 | 287 | 253 | 126 | 596 |
| Net profit | 343 | 300 | 322 | 214 | 185 | 100 | 395 |
| Net profit margin | +14.8% | +13.8% | +15.7% | +10.5% | +10.3% | +7.5% | +28.4% |
| EPS (βΉ) | 11.57 | 9.90 | 10.55 | 7.00 | 6.92 | 3.29 | 12.95 |
| Balance sheet | |||||||
| Total assets | 1,827 | 1,683 | 1,483 | 1,299 | 1,159 | 1,075 | 1,027 |
| Net worth | 1,789 | 1,531 | 1,320 | 1,080 | 928 | 714 | 615 |
| Total debt | 2.57 | 126 | 135 | 176 | 164 | 293 | 349 |
| Cash & bank | 269 | 147 | 55.07 | 53.42 | 99.71 | 9.26 | 7.23 |
| Net working capital | 730 | 647 | 510 | 484 | 464 | 327 | 234 |
| Cash flow | |||||||
| Cash from operations | 445 | 313 | 301 | 142 | 185 | 111 | 145 |
| Cash from investing | (316) | (106) | (173) | (122) | 68.79 | (10.94) | 2,923 |
| Cash from financing | (228) | (115) | (124) | (65.73) | (161) | (101) | (3,072) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 642 | 640 | 582 | 551 | 540 | 544 | 565 | 547 |
| Revenue growth (YoY) | +19.0% | +17.5% | +2.9% | +0.6% | +5.1% | - | - | - |
| Other income | 6.34 | 25.12 | 3.37 | 30.14 | 14.94 | 23.00 | 3.08 | 12.28 |
| Total expenses | 504 | 484 | 469 | 454 | 444 | 444 | 450 | 442 |
| EBITDA | 139 | 155 | 112 | 96.79 | 95.83 | 99.91 | 115 | 106 |
| EBITDA margin | +21.6% | +24.3% | +19.3% | +17.6% | +17.7% | +18.4% | +20.3% | +19.3% |
| Depreciation | 15.68 | 15.32 | 14.43 | 13.84 | 13.57 | 12.96 | 12.50 | 11.33 |
| Interest | 0.52 | 0.40 | 1.18 | 1.27 | 2.01 | 3.41 | 3.10 | 2.75 |
| Profit before tax | 129 | 165 | 99.84 | 112 | 95.19 | 107 | 102 | 104 |
| Tax | 31.41 | 36.14 | 25.56 | 32.32 | 24.32 | 28.30 | 25.32 | 25.85 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,033 | 979 | 917 | 908 | 887 | 896 | 861 | 891 |
| Revenue growth (YoY) | +16.4% | +9.3% | +6.6% | +1.8% | +7.4% | - | - | - |
| Other income | 13.53 | 31.12 | 8.75 | 27.56 | 19.96 | 27.85 | 9.18 | 11.10 |
| EBITDA | 208 | 201 | 163 | 155 | 145 | 140 | 143 | 161 |
| EBITDA margin | +20.1% | +20.5% | +17.7% | +17.1% | +16.3% | +15.6% | +16.6% | +18.0% |
| Depreciation | 33.52 | 31.24 | 28.81 | 27.66 | 28.69 | 27.76 | 25.57 | 22.79 |
| Interest | 3.90 | 3.52 | 4.77 | 5.09 | 6.25 | 6.54 | 8.67 | 7.67 |
| Profit before tax | 184 | 197 | 138 | 150 | 130 | 133 | 118 | 141 |
| Tax | 42.08 | 49.25 | 30.09 | 40.21 | 28.82 | 32.21 | 25.36 | 32.10 |
| Net profit | 142 | 148 | 108 | 110 | 101 | 101 | 92.26 | 109 |
| EPS (βΉ) | 4.66 | 4.84 | 3.53 | 3.61 | 3.31 | 3.32 | 3.04 | 3.59 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,691 | 3,474 | 3,225 | 3,268 | 2,688 | 2,097 | 2,154 |
| Revenue growth | +6.2% | +7.7% | -1.3% | +21.6% | +28.2% | -2.6% | - |
| Other income | 87.39 | 57.20 | 52.73 | 39.80 | 74.82 | 28.94 | 537 |
| Total expenses | 3,028 | 2,877 | 2,627 | 2,754 | 2,304 | 1,818 | 1,922 |
| Employee cost | 460 | 474 | 428 | 373 | 330 | 298 | 306 |
| EBITDA | 663 | 597 | 599 | 513 | 384 | 279 | 232 |
| EBITDA margin | +18.0% | +17.2% | +18.6% | +15.7% | +14.3% | +13.3% | +10.8% |
| Depreciation | 116 | 97.86 | 77.00 | 67.48 | 69.75 | 67.87 | 63.62 |
| Interest | 19.63 | 29.55 | 24.78 | 30.27 | 42.46 | 56.90 | 74.18 |
| Profit before tax | 615 | 527 | 550 | 455 | 346 | 183 | 630 |
| Tax | 148 | 121 | 125 | 105 | 54.85 | 36.44 | 210 |
| Net profit | 457 | 405 | 424 | 349 | 264 | 149 | 408 |
| Net profit margin | +12.4% | +11.7% | +13.1% | +10.7% | +9.8% | +7.1% | +18.9% |
| EPS (βΉ) | 15.27 | 13.35 | 13.88 | 11.46 | 9.54 | 4.90 | 13.71 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 30.51 | 30.52 | 30.54 | 30.54 | 30.54 | 30.54 | 30.54 |
| Reserves & surplus | 3,271 | 2,721 | 2,349 | 2,000 | 1,663 | 1,373 | 1,197 |
| Shareholders' funds (net worth) | 3,302 | 2,752 | 2,380 | 2,031 | 1,694 | 1,404 | 1,227 |
| Minority interest | 0.15 | (0.17) | 4.24 | 4.31 | 3.63 | 3.57 | 37.77 |
| Secured loans | 139 | 332 | 292 | 347 | 355 | 461 | 568 |
| Unsecured loans | 89.22 | 84.73 | 72.15 | 69.73 | 56.02 | 68.52 | 52.06 |
| Total debt | 229 | 417 | 364 | 417 | 411 | 530 | 620 |
| Total liabilities | 3,587 | 3,215 | 2,792 | 2,515 | 2,196 | 2,025 | 1,966 |
| Assets | |||||||
| Gross block | 2,433 | 2,073 | 1,717 | 1,456 | 1,352 | 1,312 | 1,269 |
| Net block | 1,625 | 1,406 | 1,153 | 952 | 913 | 932 | 956 |
| Capital work in progress | 89.05 | 118 | 166 | 139 | 38.44 | 45.23 | 32.70 |
| Investments | 79.32 | 68.01 | 56.00 | 65.73 | 56.40 | 48.47 | 43.65 |
| Inventories | 958 | 985 | 890 | 890 | 797 | 672 | 615 |
| Sundry debtors | 643 | 528 | 539 | 500 | 414 | 328 | 298 |
| Cash & bank balances | 478 | 275 | 168 | 162 | 165 | 119 | 112 |
| Loans & advances | 201 | 197 | 192 | 198 | 213 | 261 | 271 |
| Total current assets | 2,280 | 1,984 | 1,789 | 1,749 | 1,590 | 1,379 | 1,297 |
| Total current liabilities | 558 | 492 | 510 | 546 | 522 | 557 | 577 |
| Net working capital | 1,722 | 1,492 | 1,279 | 1,204 | 1,067 | 822 | 720 |
| Total assets | 3,587 | 3,215 | 2,792 | 2,515 | 2,196 | 2,025 | 1,966 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 261 | 150 | 150 | 154 | 99.46 | 97.32 | 47.62 |
| Net cash from operating activities | 655 | 422 | 444 | 252 | 159 | 214 | 212 |
| Net cash from investing activities | (353) | (219) | (285) | (155) | 56.94 | (34.07) | 2,942 |
| Net cash from financing activities | (321) | (91.49) | (159) | (101) | (161) | (177) | (3,105) |
| Net change in cash | (18.88) | 111 | (0.38) | (4.22) | 54.92 | 2.14 | 49.70 |
| Closing cash | 478 | 275 | 168 | 162 | 165 | 119 | 112 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.2% | +7.7% | -1.3% | +21.6% | +28.2% | -2.6% | - |
| EBITDA growth | +11.1% | -0.3% | +16.6% | +33.8% | +37.4% | +20.5% | - |
| PBT growth | +16.7% | -4.1% | +20.7% | +31.5% | +88.9% | -70.9% | +9998.0% |
| Net income growth | +12.8% | -4.3% | +21.3% | +32.1% | +77.4% | -63.5% | - |
| Revenue CAGR (3Y) | +4.1% | +8.9% | +15.4% | +14.9% | +2.6% | +0.5% | -17.8% |
| EBITDA CAGR (3Y) | +8.9% | +15.9% | +29.0% | +30.4% | - | - | -15.9% |
| Profitability & leverage | |||||||
| Net income margin | +12.6% | +11.7% | +13.2% | +10.7% | +10.8% | +7.0% | +19.5% |
| Return on capital employed | +18.7% | +18.5% | +21.7% | +20.7% | +17.4% | +10.4% | +4.3% |
| Return on net worth | +15.4% | +15.8% | +19.2% | +18.8% | +17.3% | +8.9% | +25.3% |
| Debt / equity | 0.11 | 0.15 | 0.18 | 0.22 | 0.30 | 0.44 | 2.08 |
| Long-term debt / equity | 0.05 | 0.09 | 0.12 | 0.13 | 0.16 | 0.23 | 1.32 |
| Interest cover | 3.59 | 5.92 | 4.75 | 6.79 | 13.53 | 26.93 | 44.16 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.64 | 1.83 | 2.03 | 2.33 | 2.02 | 1.63 | 1.75 |
| Inventory turnover | 3.80 | 3.71 | 3.62 | 3.87 | 3.66 | 3.26 | 3.41 |
| Debtors turnover | 6.30 | 6.51 | 6.21 | 7.15 | 7.25 | 6.70 | 6.90 |
| EPS (βΉ) | 15.27 | 13.35 | 13.88 | 11.46 | 9.54 | 4.90 | 13.71 |
| Dividend per share (βΉ) | 3.75 | 3.00 | 2.75 | 2.50 | 2.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 108.22 | 90.17 | 77.92 | 66.50 | 55.46 | 45.96 | 40.19 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 642 | 640 | 582 | 551 | 540 | 544 | 565 | 547 |
| Revenue growth (YoY) | +19.0% | +17.5% | +2.9% | +0.6% | +5.1% | - | - | - |
| Other income | 6.34 | 25.12 | 3.37 | 30.14 | 14.94 | 23.00 | 3.08 | 12.28 |
| Total expenses | 504 | 484 | 469 | 454 | 444 | 444 | 450 | 442 |
| EBITDA | 139 | 155 | 112 | 96.79 | 95.83 | 99.91 | 115 | 106 |
| EBITDA margin | +21.6% | +24.3% | +19.3% | +17.6% | +17.7% | +18.4% | +20.3% | +19.3% |
| Depreciation | 15.68 | 15.32 | 14.43 | 13.84 | 13.57 | 12.96 | 12.50 | 11.33 |
| Interest | 0.52 | 0.40 | 1.18 | 1.27 | 2.01 | 3.41 | 3.10 | 2.75 |
| Profit before tax | 129 | 165 | 99.84 | 112 | 95.19 | 107 | 102 | 104 |
| Tax | 31.41 | 36.14 | 25.56 | 32.32 | 24.32 | 28.30 | 25.32 | 25.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,312 | 2,171 | 2,046 | 2,042 | 1,810 | 1,346 | 1,393 |
| Revenue growth | +6.5% | +6.1% | +0.2% | +12.8% | +34.5% | -3.4% | - |
| Other income | 73.57 | 41.38 | 60.14 | 30.67 | 64.69 | 14.39 | 511 |
| Total expenses | 1,852 | 1,749 | 1,646 | 1,744 | 1,559 | 1,159 | 1,222 |
| Employee cost | 184 | 165 | 163 | 139 | 127 | 117 | 128 |
| EBITDA | 460 | 422 | 400 | 298 | 251 | 187 | 171 |
| EBITDA margin | +19.9% | +19.4% | +19.6% | +14.6% | +13.9% | +13.9% | +12.3% |
| Depreciation | 57.16 | 47.19 | 32.74 | 26.51 | 31.40 | 30.64 | 27.77 |
| Interest | 4.86 | 11.37 | 6.78 | 14.98 | 31.16 | 44.52 | 58.07 |
| Profit before tax | 471 | 405 | 421 | 287 | 253 | 126 | 596 |
| Tax | 118 | 103 | 98.75 | 73.51 | 42.13 | 25.40 | 201 |
| Net profit | 343 | 300 | 322 | 214 | 185 | 100 | 395 |
| Net profit margin | +14.8% | +13.8% | +15.7% | +10.5% | +10.3% | +7.5% | +28.4% |
| EPS (βΉ) | 11.57 | 9.90 | 10.55 | 7.00 | 6.92 | 3.29 | 12.95 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 30.51 | 30.52 | 30.54 | 30.54 | 30.54 | 30.54 | 30.54 |
| Reserves & surplus | 1,758 | 1,500 | 1,289 | 1,049 | 897 | 684 | 585 |
| Shareholders' funds (net worth) | 1,789 | 1,531 | 1,320 | 1,080 | 928 | 714 | 615 |
| Secured loans | 0.00 | 123 | 126 | 166 | 151 | 267 | 338 |
| Unsecured loans | 2.57 | 3.02 | 9.46 | 10.33 | 12.34 | 25.66 | 11.27 |
| Total debt | 2.57 | 126 | 135 | 176 | 164 | 293 | 349 |
| Total liabilities | 1,827 | 1,683 | 1,483 | 1,299 | 1,159 | 1,075 | 1,027 |
| Assets | |||||||
| Gross block | 1,141 | 1,005 | 825 | 623 | 586 | 566 | 558 |
| Net block | 797 | 709 | 569 | 393 | 377 | 383 | 405 |
| Capital work in progress | 84.78 | 71.18 | 126 | 134 | 35.69 | 37.81 | 30.12 |
| Investments | 151 | 151 | 151 | 151 | 151 | 151 | 151 |
| Inventories | 326 | 344 | 311 | 367 | 296 | 255 | 229 |
| Sundry debtors | 272 | 266 | 286 | 205 | 247 | 217 | 182 |
| Cash & bank balances | 269 | 147 | 55.07 | 53.42 | 99.71 | 9.26 | 7.23 |
| Loans & advances | 181 | 165 | 153 | 164 | 174 | 246 | 259 |
| Total current assets | 1,049 | 922 | 804 | 790 | 817 | 727 | 677 |
| Total current liabilities | 318 | 275 | 294 | 307 | 353 | 400 | 443 |
| Net working capital | 730 | 647 | 510 | 484 | 464 | 327 | 234 |
| Total assets | 1,827 | 1,683 | 1,483 | 1,299 | 1,159 | 1,075 | 1,027 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 146 | 54.59 | 50.35 | 96.76 | 3.85 | 4.77 | 8.29 |
| Net cash from operating activities | 445 | 313 | 301 | 142 | 185 | 111 | 145 |
| Net cash from investing activities | (316) | (106) | (173) | (122) | 68.79 | (10.94) | 2,923 |
| Net cash from financing activities | (228) | (115) | (124) | (65.73) | (161) | (101) | (3,072) |
| Net change in cash | (99.15) | 91.74 | 4.24 | (46.41) | 92.91 | (0.92) | (3.52) |
| Closing cash | 269 | 147 | 55.07 | 53.42 | 99.71 | 9.26 | 7.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +6.5% | +6.1% | +0.2% | +12.8% | +34.5% | -3.4% | - |
| EBITDA growth | +9.0% | +5.4% | +34.3% | +18.6% | +34.6% | +9.4% | - |
| PBT growth | +16.5% | -3.8% | +46.5% | +13.3% | +101.3% | -78.9% | +9998.0% |
| Net income growth | +14.1% | -6.7% | +50.8% | +15.1% | +84.9% | -74.6% | - |
| Revenue CAGR (3Y) | +4.2% | +6.3% | +15.0% | +13.6% | +2.0% | -1.0% | -24.6% |
| EBITDA CAGR (3Y) | +15.6% | +18.9% | +28.9% | +20.4% | - | - | -21.0% |
| Profitability & leverage | |||||||
| Net income margin | +15.3% | +13.9% | +15.7% | +10.5% | +11.7% | +7.5% | +28.4% |
| Return on capital employed | +27.1% | +26.3% | +30.7% | +24.6% | +16.7% | +8.9% | +3.9% |
| Return on net worth | +21.3% | +21.2% | +26.9% | +21.3% | +15.1% | +6.6% | +26.0% |
| Debt / equity | 0.04 | 0.09 | 0.13 | 0.17 | 0.28 | 0.48 | 4.33 |
| Long-term debt / equity | 0.02 | 0.07 | 0.11 | 0.13 | 0.19 | 0.33 | 2.98 |
| Interest cover | 1.21 | 3.03 | 1.84 | 5.52 | 14.17 | 28.53 | 40.64 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.15 | 2.37 | 2.83 | 3.38 | 3.14 | 2.39 | 2.54 |
| Inventory turnover | 6.90 | 6.63 | 6.03 | 6.15 | 6.57 | 5.56 | 5.90 |
| Debtors turnover | 8.59 | 7.87 | 8.34 | 9.02 | 7.80 | 6.74 | 6.98 |
| EPS (βΉ) | 11.57 | 9.90 | 10.55 | 7.00 | 6.92 | 3.29 | 12.95 |
| Dividend per share (βΉ) | 3.75 | 3.00 | 2.75 | 2.50 | 2.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 58.63 | 50.15 | 43.22 | 35.35 | 30.37 | 23.39 | 20.15 |
Web traffic of Usha Martin
The website of Usha Martin (ushamartin.com) receives about 16.4K visits a month.
- Monthly visits16.4K
▼ 14.8% vs previous month
Websites whose visitors overlap most with Usha Martin. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
bridon.com | bridon.com | 100% | β | ||
| jindalsteel.com | 94% | 63.1K | #429,547 | View details | |
| sail.co.in | 94% | 90.4K | #283,896 | View details | |
gcelsa.com | gcelsa.com | 94% | β | ||
| sidenor.com | 94% | 4.4K | #4,542,686 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
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Related news about Usha Martin
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Frequently Asked Questions about Usha Martin
Usha Martin was founded in 1960.
Usha Martin is headquartered in Kolkata, India. It is registered at Kolkata, West Bengal, India.
Usha Martin has 5,000 employees.
The primary company behind Usha Martin, Usha Martin Limited, reported revenue of βΉ3,778 Cr for FY 2026, up 6% year on year.
Usha Martin was established in 1960 in Kolkata, India, by founder Basant Jhawar. The company operates in the manufacturing sector, focusing on industrial wire ropes for applications in mining, construction, and energy. Production facilities are maintained primarily in India, with distribution serving domestic and international markets. Core activities include wire rope fabrication and related steel products, supporting infrastructure and heavy industry needs.
Usha Martin offers Wire Rope and LRPC Strand.
Yes, Usha Martin is publicly traded on NSE under the ticker symbol USHAMART.
Usha Martin operates through Usha Martin Limited.
The legal entities of Usha Martin currently have 12 directors, including Venkatachalam Ramakrishnaiyer, Vijay Singh Bapna, Rajeev Jhawar and others.
