About Usha Martin Limited
Data last updated: 14 July 2026
Usha Martin Limited is a public limited company based in Kolkata, West Bengal, India. It specialises in cable and wire, a part of the broader manufacturing sector. Incorporated on 22 May 1986, the company has been in operation for over 40 years.
Registered with ROC Kolkata under CIN L99999WB1986PLC091621. Listed on BSE: 517146 and NSE: USHAMART.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹30.47 Cr. Formerly known as Usha Beltron Limited. It is led by directors including Venkatachalam Ramakrishnaiyer and Vijay Singh Bapna.
Last AGM: 07 August 2025. Financial statements filed for year ended 31 March 2025. Office: 2A Shakespear Sarani P S Shakespear Sarani, Kolkata, West Bengal, India – 700071.
As per NSE-filed consolidated financials for FY 2026, the company reported a revenue of ₹3,691.06 Cr, a growth of 6.24% compared to the previous year. The net worth stands at ₹3,302.08 Cr (up 20% YoY). Total assets are valued at ₹4,211.82 Cr (up 12.38% YoY).
The company has a workforce of approximately 2,356 employees as per the latest available data.
The company is associated with 1 brand - Usha Martin. As per MCA filings, the company has open charges of ₹375 Cr and satisfied charges of ₹15,419 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ushamartin.com.
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Social Media
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Registered Address2A Shakespear Sarani P S Shakespear Sarani, Kolkata, West Bengal, India – 700071
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IndustryManufacturing, Cable & Wire
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Usha Martin Limited
Usha Martin Limited has one previous CIN (Corporate Identification Number): L99999WB1986PLC091621. The current CIN is L31400WB1986PLC091621, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L31400WB1986PLC091621 | Current |
| L99999WB1986PLC091621 | Previous |
Associated Brands with Usha Martin Limited
Usha Martin Limited operates one associated brand: Usha Martin. These brands represent Usha Martin Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Industrial wire ropes are manufactured by Usha Martin in India. | ushamartin.com |
Business Activity of Usha Martin Limited
Usha Martin Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details for Usha Martin Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Usha Martin Limited
Usha Martin Limited is audited by S. R. BATLIBOI & CO. LLP (ICAI peer reviewed, certificate valid till 2027-07-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S. R. BATLIBOI & CO. LLP (ICAI peer reviewed, certificate valid till 2027-07-31) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Usha Martin Limited
Usha Martin Limited is currently managed by 10 directors, with 30 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkatachalam Ramakrishnaiyer | Director | 12 Nov 2021 | 4 Years 8 Months | Current |
|
Vijay Singh Bapna
Also directs:
Lagnam Spintex Limited, Mmp Industries Limited
|
Director | 27 May 2019 | 7 Years 1 Months | Current |
| Rajeev Jhawar | Managing Director | 19 May 1998 | 28 Years 2 Months | Current |
| Sethurathnam Ravi | Director | 12 Nov 2021 | 4 Years 8 Months | Current |
|
Ramni Nirula
Also directs:
Heg Limited, Samvedna Microfinance Private Limited, Drn Investments And Agriculture Private Limited and 1 more
|
Director | 26 Jul 2019 | 6 Years 11 Months | Current |
|
Chirantan Chatterjee
Also directs:
Gustav Wolf Speciality Cords Limited
|
Whole-Time Director | 12 May 2025 | 1 Years 2 Months | Current |
Financials of Usha Martin Limited FY 2026 filings available
Usha Martin Limited reported revenue of ₹3,691.06 Cr (up 6.24% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹3,691.06 Cr | ₹3,474.16 Cr | ₹3,225.2 Cr | ₹3,267.76 Cr | ₹2,688.07 Cr | ₹2,097.28 Cr | ₹2,153.82 Cr |
| Other Income | ₹68.88 Cr | ₹39.39 Cr | ₹40.28 Cr | ₹28.06 Cr | ₹35.24 Cr | ₹33.31 Cr | ₹53.35 Cr |
| Total Income | ₹3,759.94 Cr | ₹3,513.55 Cr | ₹3,265.48 Cr | ₹3,295.82 Cr | ₹2,723.31 Cr | ₹2,130.59 Cr | ₹2,207.17 Cr |
| Cost of Materials Consumed | ₹1,749.28 Cr | ₹1,791.5 Cr | ₹1,624.26 Cr | ₹1,799.39 Cr | ₹1,528.45 Cr | ₹1,152.94 Cr | ₹1,149.56 Cr |
| Purchases of Stock-in-Trade | ₹8.19 Cr | ₹31.3 Cr | ₹27.34 Cr | ₹19.92 Cr | ₹16.28 Cr | ₹8.19 Cr | ₹8.01 Cr |
| Changes in Inventories | ₹110.03 Cr | -₹72.75 Cr | -₹18.27 Cr | -₹12.98 Cr | -₹57.55 Cr | ₹9.63 Cr | ₹67.34 Cr |
| Employee Benefit Expense | ₹460.49 Cr | ₹474.33 Cr | ₹427.63 Cr | ₹372.83 Cr | ₹330.23 Cr | ₹298.01 Cr | ₹306.06 Cr |
| Finance Costs | ₹19.63 Cr | ₹29.55 Cr | ₹24.78 Cr | ₹30.27 Cr | ₹42.46 Cr | ₹56.9 Cr | ₹74.18 Cr |
| Depreciation & Amortisation | ₹116.4 Cr | ₹97.86 Cr | ₹77 Cr | ₹67.48 Cr | ₹69.75 Cr | ₹67.87 Cr | ₹63.62 Cr |
| Other Expenses | ₹657.99 Cr | ₹652.72 Cr | ₹565.68 Cr | ₹575.27 Cr | ₹486.99 Cr | ₹349.26 Cr | ₹391.24 Cr |
| Total Expenses | ₹3,122.01 Cr | ₹3,004.51 Cr | ₹2,728.42 Cr | ₹2,852.18 Cr | ₹2,416.61 Cr | ₹1,942.8 Cr | ₹2,060.01 Cr |
| Profit Before Exceptional Items & Tax | ₹637.93 Cr | ₹509.04 Cr | ₹537.06 Cr | ₹443.64 Cr | ₹306.7 Cr | ₹187.79 Cr | ₹147.16 Cr |
| Exceptional Items | -₹16.87 Cr | ₹0 | ₹0 | ₹0 | ₹31.18 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹621.06 Cr | ₹509.04 Cr | ₹537.06 Cr | ₹443.64 Cr | ₹337.88 Cr | ₹187.79 Cr | ₹147.16 Cr |
| Total Tax Expense | ₹148.37 Cr | ₹120.53 Cr | ₹125.39 Cr | ₹104.78 Cr | ₹54.85 Cr | ₹36.44 Cr | ₹209.73 Cr |
| Net Profit | ₹466.31 Cr | ₹406.32 Cr | ₹424.12 Cr | ₹350.6 Cr | ₹291.43 Cr | ₹151.5 Cr | ₹421.08 Cr |
| attributable to Owners | ₹465.99 Cr | ₹407.39 Cr | ₹423.96 Cr | ₹350.14 Cr | ₹291.27 Cr | ₹149.59 Cr | ₹418.84 Cr |
| attributable to NCI | ₹32 Lakh | -₹1.07 Cr | ₹16 Lakh | ₹46 Lakh | ₹16 Lakh | ₹1.91 Cr | ₹2.24 Cr |
| Other Comprehensive Income | ₹180.15 Cr | ₹53.71 Cr | ₹1.14 Cr | ₹47.9 Cr | -₹1.1 Cr | ₹18.9 Cr | ₹24.54 Cr |
| Total Comprehensive Income | ₹646.46 Cr | ₹460.03 Cr | ₹425.26 Cr | ₹398.5 Cr | ₹290.33 Cr | ₹170.4 Cr | ₹445.62 Cr |
| EBITDA (computed) | ₹773.96 Cr | ₹636.45 Cr | ₹638.84 Cr | ₹541.39 Cr | ₹418.91 Cr | ₹312.56 Cr | ₹284.96 Cr |
| Basic EPS | ₹16.12 | ₹13.37 | ₹13.92 | ₹11.51 | ₹9.56 | ₹5.06 | ₹-2.11 |
| Diluted EPS | ₹16.11 | ₹13.37 | ₹13.92 | ₹11.51 | ₹9.56 | ₹5.06 | ₹-2.11 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹4,211.82 Cr | ₹3,747.94 Cr | ₹3,330.13 Cr | ₹3,086.83 Cr |
| Non-current Assets | ₹1,931.79 Cr | ₹1,763.82 Cr | ₹1,541.07 Cr | ₹1,337.47 Cr |
| Current Assets | ₹2,280.03 Cr | ₹1,976.2 Cr | ₹1,781.14 Cr | ₹1,749.36 Cr |
| Property, Plant & Equipment | ₹1,479.58 Cr | ₹1,264.56 Cr | ₹1,024.04 Cr | ₹891.2 Cr |
| Inventories | ₹957.82 Cr | ₹984.91 Cr | ₹889.62 Cr | ₹889.93 Cr |
| Trade Receivables | ₹643.42 Cr | ₹527.63 Cr | ₹539.31 Cr | ₹499.89 Cr |
| Cash & Equivalents | ₹241.84 Cr | ₹260.72 Cr | ₹149.78 Cr | ₹150.16 Cr |
| Equity (Net Worth) | ₹3,302.08 Cr | ₹2,751.71 Cr | ₹2,383.91 Cr | ₹2,035.07 Cr |
| Equity Share Capital | ₹30.51 Cr | ₹30.52 Cr | ₹30.54 Cr | ₹30.54 Cr |
| Borrowings (Non-current) | ₹24.13 Cr | ₹145.4 Cr | ₹200.18 Cr | ₹197.29 Cr |
| Borrowings (Current) | ₹121.41 Cr | ₹192.16 Cr | ₹97.58 Cr | ₹157.26 Cr |
| Total Debt (computed) | ₹145.54 Cr | ₹337.56 Cr | ₹297.76 Cr | ₹354.55 Cr |
| Current Liabilities | ₹695.61 Cr | ₹694.98 Cr | ₹615.88 Cr | ₹709.17 Cr |
| Total Liabilities | ₹909.74 Cr | ₹996.23 Cr | ₹946.22 Cr | ₹1,051.76 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹655.34 Cr | ₹421.76 Cr | ₹443.84 Cr | ₹251.59 Cr | ₹158.57 Cr |
| Investing Cash Flow | -₹366.67 Cr | -₹223.24 Cr | -₹287.14 Cr | -₹157.69 Cr | ₹55.74 Cr |
| Financing Cash Flow | -₹321.49 Cr | -₹91.49 Cr | -₹159.33 Cr | -₹101.09 Cr | -₹160.59 Cr |
| Capital Expenditure | ₹198.06 Cr | ₹244.65 Cr | ₹277.62 Cr | ₹182.33 Cr | ₹50.97 Cr |
| Free Cash Flow (computed) | ₹457.28 Cr | ₹177.11 Cr | ₹166.22 Cr | ₹69.26 Cr | ₹107.6 Cr |
| Dividends Paid | ₹91.37 Cr | ₹83.8 Cr | ₹76.19 Cr | ₹60.95 Cr | ₹0 |
| Net Change in Cash | -₹18.88 Cr | ₹110.94 Cr | -₹38 Lakh | -₹4.22 Cr | ₹54.92 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹979.26 Cr | ₹917.05 Cr | ₹907.56 Cr | ₹887.19 Cr | ₹896.08 Cr | ₹860.54 Cr | ₹891.17 Cr | ₹826.37 Cr | ₹829.03 Cr | ₹797.09 Cr | ₹784.7 Cr | ₹814.38 Cr |
| Other Income | ₹26.66 Cr | ₹4.1 Cr | ₹22.66 Cr | ₹15.46 Cr | ₹23.65 Cr | ₹3.91 Cr | ₹6.85 Cr | ₹4.98 Cr | ₹9.49 Cr | ₹5.89 Cr | ₹21.3 Cr | ₹3.6 Cr |
| Total Income | ₹1,005.92 Cr | ₹921.15 Cr | ₹930.22 Cr | ₹902.65 Cr | ₹919.73 Cr | ₹864.45 Cr | ₹898.02 Cr | ₹831.35 Cr | ₹838.52 Cr | ₹802.98 Cr | ₹806 Cr | ₹817.98 Cr |
| Cost of Materials Consumed | ₹442.66 Cr | ₹439.2 Cr | ₹420.51 Cr | ₹446.91 Cr | ₹472.57 Cr | ₹453.3 Cr | ₹438.42 Cr | ₹427.21 Cr | ₹411.47 Cr | ₹407.3 Cr | ₹379.1 Cr | ₹426.39 Cr |
| Purchases of Stock-in-Trade | ₹1.62 Cr | ₹1.39 Cr | ₹3.27 Cr | ₹1.91 Cr | ₹7.75 Cr | ₹7.78 Cr | ₹9.5 Cr | ₹6.27 Cr | ₹7.35 Cr | ₹6.52 Cr | ₹6.68 Cr | ₹6.79 Cr |
| Changes in Inventories | ₹31.13 Cr | ₹24.3 Cr | ₹40.3 Cr | ₹14.3 Cr | ₹2.68 Cr | -₹28.21 Cr | -₹5.41 Cr | -₹41.81 Cr | -₹1.63 Cr | -₹22.14 Cr | ₹10.34 Cr | -₹4.84 Cr |
| Employee Benefit Expense | ₹121.94 Cr | ₹114.25 Cr | ₹111.1 Cr | ₹113.2 Cr | ₹116.34 Cr | ₹110.93 Cr | ₹121.21 Cr | ₹125.85 Cr | ₹109.42 Cr | ₹106.3 Cr | ₹104.51 Cr | ₹107.4 Cr |
| Finance Costs | ₹3.52 Cr | ₹4.77 Cr | ₹5.09 Cr | ₹6.25 Cr | ₹6.54 Cr | ₹8.67 Cr | ₹7.67 Cr | ₹6.67 Cr | ₹6.66 Cr | ₹6.2 Cr | ₹6.4 Cr | ₹5.52 Cr |
| Depreciation & Amortisation | ₹31.24 Cr | ₹28.81 Cr | ₹27.66 Cr | ₹28.69 Cr | ₹27.76 Cr | ₹25.57 Cr | ₹22.79 Cr | ₹21.74 Cr | ₹22.53 Cr | ₹18.85 Cr | ₹17.99 Cr | ₹17.63 Cr |
| Other Expenses | ₹170.38 Cr | ₹161.97 Cr | ₹159.38 Cr | ₹166.26 Cr | ₹157.17 Cr | ₹174.06 Cr | ₹166.68 Cr | ₹154.81 Cr | ₹150.91 Cr | ₹142.06 Cr | ₹139.75 Cr | ₹132.96 Cr |
| Total Expenses | ₹802.49 Cr | ₹774.69 Cr | ₹767.31 Cr | ₹777.52 Cr | ₹790.81 Cr | ₹752.1 Cr | ₹760.86 Cr | ₹700.74 Cr | ₹706.71 Cr | ₹665.09 Cr | ₹664.77 Cr | ₹691.85 Cr |
| Profit Before Exceptional Items & Tax | ₹203.43 Cr | ₹146.46 Cr | ₹162.91 Cr | ₹125.13 Cr | ₹128.92 Cr | ₹112.35 Cr | ₹137.16 Cr | ₹130.61 Cr | ₹131.81 Cr | ₹137.89 Cr | ₹141.23 Cr | ₹126.13 Cr |
| Exceptional Items | -₹3.52 Cr | -₹13.35 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹199.91 Cr | ₹133.11 Cr | ₹162.91 Cr | ₹125.13 Cr | ₹128.92 Cr | ₹112.35 Cr | ₹137.16 Cr | ₹130.61 Cr | ₹131.81 Cr | ₹137.89 Cr | ₹141.23 Cr | ₹126.13 Cr |
| Total Tax Expense | ₹49.25 Cr | ₹30.09 Cr | ₹40.21 Cr | ₹28.82 Cr | ₹32.21 Cr | ₹25.36 Cr | ₹32.1 Cr | ₹30.86 Cr | ₹30.02 Cr | ₹32.08 Cr | ₹34.95 Cr | ₹28.34 Cr |
| Net Profit | ₹148.03 Cr | ₹107.67 Cr | ₹109.8 Cr | ₹100.81 Cr | ₹100.91 Cr | ₹92.26 Cr | ₹109.31 Cr | ₹103.84 Cr | ₹106.33 Cr | ₹107.51 Cr | ₹109.52 Cr | ₹100.76 Cr |
| attributable to Owners | ₹147.8 Cr | ₹107.55 Cr | ₹109.71 Cr | ₹100.93 Cr | ₹100.99 Cr | ₹92.57 Cr | ₹109.72 Cr | ₹104.11 Cr | ₹106.26 Cr | ₹107.5 Cr | ₹109.47 Cr | ₹100.73 Cr |
| attributable to NCI | ₹23 Lakh | ₹12 Lakh | ₹9 Lakh | -₹12 Lakh | -₹8 Lakh | -₹31 Lakh | -₹41 Lakh | -₹27 Lakh | ₹7 Lakh | ₹1 Lakh | ₹5 Lakh | ₹3 Lakh |
| Other Comprehensive Income | ₹62.57 Cr | ₹24.28 Cr | ₹41.24 Cr | ₹52.06 Cr | ₹15.58 Cr | -₹27.24 Cr | ₹66.02 Cr | -₹65 Lakh | -₹22.09 Cr | ₹35 Cr | -₹8.62 Cr | -₹3.15 Cr |
| Total Comprehensive Income | ₹210.6 Cr | ₹131.95 Cr | ₹151.04 Cr | ₹152.87 Cr | ₹116.49 Cr | ₹65.02 Cr | ₹175.33 Cr | ₹103.19 Cr | ₹84.24 Cr | ₹142.51 Cr | ₹100.9 Cr | ₹97.61 Cr |
| EBITDA (computed) | ₹238.19 Cr | ₹180.04 Cr | ₹195.66 Cr | ₹160.07 Cr | ₹163.22 Cr | ₹146.59 Cr | ₹167.62 Cr | ₹159.02 Cr | ₹161 Cr | ₹162.94 Cr | ₹165.62 Cr | ₹149.28 Cr |
| Basic EPS | ₹5.09 | ₹3.53 | ₹4.19 | ₹3.31 | ₹3.32 | ₹3.04 | ₹3.59 | ₹3.42 | ₹3.49 | ₹3.53 | ₹3.59 | ₹3.31 |
| Diluted EPS | ₹5.08 | ₹3.53 | ₹4.19 | ₹3.31 | ₹3.32 | ₹3.04 | ₹3.59 | ₹3.42 | ₹3.49 | ₹3.53 | ₹3.59 | ₹3.31 |
| Segment · Q4 FY26 (latest quarter) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Wire & Wire Ropes | ₹958.9 Cr | ₹197.73 Cr | ₹3,664.49 Cr | ₹532.46 Cr |
| Others | ₹20.36 Cr | ₹61 Lakh | ₹64.53 Cr | ₹22.13 Cr |
| Exceptional items | ₹0 | -₹3.52 Cr | ₹0 | ₹0 |
| Share of profit of joint ventures | ₹0 | ₹4.46 Cr | ₹0 | ₹0 |
| Segment · FY 2026 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Wire & Wire Ropes | ₹3,613.07 Cr | ₹650.43 Cr | - | - |
| Others | ₹77.99 Cr | -₹1.6 Cr | - | - |
| Exceptional items | ₹0 | -₹16.87 Cr | - | - |
| Share of profit of joint ventures | ₹0 | ₹18.51 Cr | - | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹2,312.03 Cr | ₹2,171.06 Cr | ₹2,046.09 Cr | ₹2,041.71 Cr | ₹1,810.05 Cr | ₹1,345.6 Cr | ₹1,392.62 Cr |
| Other Income | ₹73.57 Cr | ₹41.38 Cr | ₹60.14 Cr | ₹30.67 Cr | ₹33.51 Cr | ₹18.76 Cr | ₹29.89 Cr |
| Total Income | ₹2,385.6 Cr | ₹2,212.44 Cr | ₹2,106.23 Cr | ₹2,072.38 Cr | ₹1,843.56 Cr | ₹1,364.36 Cr | ₹1,422.51 Cr |
| Cost of Materials Consumed | ₹1,160.67 Cr | ₹1,189.79 Cr | ₹1,097.83 Cr | ₹1,222.12 Cr | ₹1,070.15 Cr | ₹766.1 Cr | ₹740.9 Cr |
| Purchases of Stock-in-Trade | ₹14.84 Cr | ₹9.15 Cr | ₹12.14 Cr | ₹12.32 Cr | ₹58.31 Cr | ₹26.31 Cr | ₹23.13 Cr |
| Changes in Inventories | ₹22.25 Cr | -₹13.35 Cr | ₹13.77 Cr | -₹4.58 Cr | -₹12.02 Cr | ₹23.81 Cr | ₹76.12 Cr |
| Employee Benefit Expense | ₹184.32 Cr | ₹165.35 Cr | ₹163.05 Cr | ₹138.88 Cr | ₹126.63 Cr | ₹117.42 Cr | ₹127.51 Cr |
| Finance Costs | ₹4.86 Cr | ₹11.37 Cr | ₹6.78 Cr | ₹14.98 Cr | ₹31.16 Cr | ₹44.52 Cr | ₹58.07 Cr |
| Depreciation & Amortisation | ₹57.16 Cr | ₹47.19 Cr | ₹32.74 Cr | ₹26.51 Cr | ₹31.4 Cr | ₹30.64 Cr | ₹27.77 Cr |
| Other Expenses | ₹428.56 Cr | ₹398.21 Cr | ₹359.06 Cr | ₹374.94 Cr | ₹315.67 Cr | ₹225.2 Cr | ₹254.3 Cr |
| Total Expenses | ₹1,872.66 Cr | ₹1,807.71 Cr | ₹1,685.37 Cr | ₹1,785.17 Cr | ₹1,621.3 Cr | ₹1,234 Cr | ₹1,307.8 Cr |
| Profit Before Exceptional Items & Tax | ₹512.94 Cr | ₹404.73 Cr | ₹420.86 Cr | ₹287.21 Cr | ₹222.26 Cr | ₹130.36 Cr | ₹114.71 Cr |
| Exceptional Items | -₹16.58 Cr | ₹0 | ₹0 | ₹0 | ₹31.18 Cr | ₹0 | ₹0 |
| Profit Before Tax | ₹496.36 Cr | ₹404.73 Cr | ₹420.86 Cr | ₹287.21 Cr | ₹253.44 Cr | ₹130.36 Cr | ₹114.71 Cr |
| Total Tax Expense | ₹118.34 Cr | ₹102.52 Cr | ₹98.75 Cr | ₹73.51 Cr | ₹42.13 Cr | ₹25.4 Cr | ₹200.75 Cr |
| Net Profit | ₹353.13 Cr | ₹302.21 Cr | ₹322.11 Cr | ₹213.7 Cr | ₹211.31 Cr | ₹100.52 Cr | ₹395.4 Cr |
| Other Comprehensive Income | ₹1.14 Cr | -₹1.51 Cr | -₹5.84 Cr | -₹56 Lakh | ₹1.85 Cr | -₹1.57 Cr | -₹10.95 Cr |
| Total Comprehensive Income | ₹354.27 Cr | ₹300.7 Cr | ₹316.27 Cr | ₹213.14 Cr | ₹213.16 Cr | ₹98.95 Cr | ₹384.45 Cr |
| EBITDA (computed) | ₹574.96 Cr | ₹463.29 Cr | ₹460.38 Cr | ₹328.7 Cr | ₹284.82 Cr | ₹205.52 Cr | ₹200.55 Cr |
| Basic EPS | ₹12.42 | ₹9.92 | ₹10.57 | ₹7.01 | ₹6.94 | ₹3.45 | ₹-2.82 |
| Diluted EPS | ₹12.41 | ₹9.92 | ₹10.57 | ₹7.01 | ₹6.94 | ₹3.45 | ₹-2.82 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹2,179.14 Cr | ₹1,979.77 Cr | ₹1,786.56 Cr | ₹1,608.64 Cr |
| Non-current Assets | ₹1,130.48 Cr | ₹1,049.7 Cr | ₹974.46 Cr | ₹818.17 Cr |
| Current Assets | ₹1,048.66 Cr | ₹922.15 Cr | ₹804.18 Cr | ₹790.47 Cr |
| Property, Plant & Equipment | ₹789.55 Cr | ₹701.77 Cr | ₹561.59 Cr | ₹391.7 Cr |
| Inventories | ₹326.13 Cr | ₹343.99 Cr | ₹310.74 Cr | ₹367.46 Cr |
| Trade Receivables | ₹272.15 Cr | ₹266.04 Cr | ₹285.52 Cr | ₹205.43 Cr |
| Cash & Equivalents | ₹47.18 Cr | ₹146.33 Cr | ₹54.59 Cr | ₹50.35 Cr |
| Equity (Net Worth) | ₹1,788.9 Cr | ₹1,530.72 Cr | ₹1,319.79 Cr | ₹1,079.71 Cr |
| Equity Share Capital | ₹30.51 Cr | ₹30.52 Cr | ₹30.54 Cr | ₹30.54 Cr |
| Borrowings (Non-current) | ₹0 | ₹71.19 Cr | ₹125.94 Cr | ₹130.54 Cr |
| Borrowings (Current) | ₹0 | ₹51.75 Cr | ₹6.08 Cr | ₹42.74 Cr |
| Total Debt (computed) | ₹0 | ₹122.94 Cr | ₹132.02 Cr | ₹173.28 Cr |
| Current Liabilities | ₹318.78 Cr | ₹327.33 Cr | ₹301.75 Cr | ₹350.46 Cr |
| Total Liabilities | ₹390.24 Cr | ₹449.05 Cr | ₹466.77 Cr | ₹528.93 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹444.86 Cr | ₹313.24 Cr | ₹301.11 Cr | ₹141.66 Cr | ₹184.89 Cr |
| Investing Cash Flow | -₹315.92 Cr | -₹106.16 Cr | -₹172.68 Cr | -₹122.34 Cr | ₹68.79 Cr |
| Financing Cash Flow | -₹228.09 Cr | -₹115.34 Cr | -₹124.19 Cr | -₹65.73 Cr | -₹160.77 Cr |
| Capital Expenditure | ₹149.42 Cr | ₹134.26 Cr | ₹211.02 Cr | ₹148.97 Cr | ₹24.45 Cr |
| Free Cash Flow (computed) | ₹295.44 Cr | ₹178.98 Cr | ₹90.09 Cr | -₹7.31 Cr | ₹160.44 Cr |
| Dividends Paid | ₹91.37 Cr | ₹83.8 Cr | ₹76.19 Cr | ₹60.95 Cr | ₹0 |
| Net Change in Cash | -₹99.15 Cr | ₹91.74 Cr | ₹4.24 Cr | -₹46.41 Cr | ₹92.91 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹639.59 Cr | ₹581.54 Cr | ₹550.79 Cr | ₹540.11 Cr | ₹544.16 Cr | ₹565.32 Cr | ₹547.47 Cr | ₹514.11 Cr | ₹515.1 Cr | ₹531.96 Cr | ₹498.39 Cr | ₹500.64 Cr |
| Other Income | ₹25.12 Cr | ₹3.37 Cr | ₹30.14 Cr | ₹14.94 Cr | ₹23 Cr | ₹3.08 Cr | ₹12.28 Cr | ₹3.02 Cr | ₹8.44 Cr | ₹4.92 Cr | ₹29.52 Cr | ₹17.26 Cr |
| Total Income | ₹664.71 Cr | ₹584.91 Cr | ₹580.93 Cr | ₹555.05 Cr | ₹567.16 Cr | ₹568.4 Cr | ₹559.75 Cr | ₹517.13 Cr | ₹523.54 Cr | ₹536.88 Cr | ₹527.91 Cr | ₹517.9 Cr |
| Cost of Materials Consumed | ₹303.14 Cr | ₹288.82 Cr | ₹272.38 Cr | ₹296.33 Cr | ₹303.71 Cr | ₹307.01 Cr | ₹307.76 Cr | ₹271.31 Cr | ₹263.07 Cr | ₹282.53 Cr | ₹257.68 Cr | ₹294.55 Cr |
| Purchases of Stock-in-Trade | ₹4.61 Cr | ₹4.62 Cr | ₹3.06 Cr | ₹2.55 Cr | ₹2.77 Cr | ₹2.1 Cr | ₹2.23 Cr | ₹2.05 Cr | ₹5.79 Cr | ₹2.76 Cr | ₹2.16 Cr | ₹1.43 Cr |
| Changes in Inventories | ₹5.09 Cr | ₹10.13 Cr | ₹10.65 Cr | -₹3.62 Cr | -₹18 Lakh | -₹5.66 Cr | -₹7.13 Cr | -₹38 Lakh | ₹7.53 Cr | ₹6.01 Cr | ₹9.47 Cr | -₹9.24 Cr |
| Employee Benefit Expense | ₹47.05 Cr | ₹47.11 Cr | ₹45.33 Cr | ₹44.83 Cr | ₹41.21 Cr | ₹38.19 Cr | ₹43.16 Cr | ₹42.79 Cr | ₹41.52 Cr | ₹41.31 Cr | ₹40.05 Cr | ₹40.17 Cr |
| Finance Costs | ₹40 Lakh | ₹1.18 Cr | ₹1.27 Cr | ₹2.01 Cr | ₹3.41 Cr | ₹3.1 Cr | ₹2.75 Cr | ₹2.11 Cr | ₹2.2 Cr | ₹1.53 Cr | ₹1.82 Cr | ₹1.23 Cr |
| Depreciation & Amortisation | ₹15.32 Cr | ₹14.43 Cr | ₹13.84 Cr | ₹13.57 Cr | ₹12.96 Cr | ₹12.5 Cr | ₹11.33 Cr | ₹10.4 Cr | ₹10.76 Cr | ₹7.88 Cr | ₹7.15 Cr | ₹6.95 Cr |
| Other Expenses | ₹113.87 Cr | ₹105.72 Cr | ₹104.78 Cr | ₹104.19 Cr | ₹96.74 Cr | ₹108.77 Cr | ₹95.76 Cr | ₹96.94 Cr | ₹100.24 Cr | ₹87.09 Cr | ₹89.14 Cr | ₹82.59 Cr |
| Total Expenses | ₹489.48 Cr | ₹472.01 Cr | ₹451.31 Cr | ₹459.86 Cr | ₹460.62 Cr | ₹466.01 Cr | ₹455.86 Cr | ₹425.22 Cr | ₹431.11 Cr | ₹429.11 Cr | ₹407.47 Cr | ₹417.68 Cr |
| Profit Before Exceptional Items & Tax | ₹175.23 Cr | ₹112.9 Cr | ₹129.62 Cr | ₹95.19 Cr | ₹106.54 Cr | ₹102.39 Cr | ₹103.89 Cr | ₹91.91 Cr | ₹92.43 Cr | ₹107.77 Cr | ₹120.44 Cr | ₹100.22 Cr |
| Exceptional Items | -₹3.52 Cr | -₹13.06 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹171.71 Cr | ₹99.84 Cr | ₹129.62 Cr | ₹95.19 Cr | ₹106.54 Cr | ₹102.39 Cr | ₹103.89 Cr | ₹91.91 Cr | ₹92.43 Cr | ₹107.77 Cr | ₹120.44 Cr | ₹100.22 Cr |
| Total Tax Expense | ₹36.14 Cr | ₹25.56 Cr | ₹32.32 Cr | ₹24.32 Cr | ₹28.3 Cr | ₹25.32 Cr | ₹25.85 Cr | ₹23.05 Cr | ₹21.29 Cr | ₹26.39 Cr | ₹29.26 Cr | ₹21.81 Cr |
| Net Profit | ₹128.48 Cr | ₹74.28 Cr | ₹79.5 Cr | ₹70.87 Cr | ₹78.24 Cr | ₹77.07 Cr | ₹78.04 Cr | ₹68.86 Cr | ₹71.14 Cr | ₹81.38 Cr | ₹91.18 Cr | ₹78.41 Cr |
| Other Comprehensive Income | ₹1.26 Cr | ₹52 Lakh | ₹95 Lakh | -₹1.59 Cr | -₹1.55 Cr | ₹1.2 Cr | ₹4 Lakh | -₹1.2 Cr | -₹1.96 Cr | -₹35 Lakh | -₹1.72 Cr | -₹1.81 Cr |
| Total Comprehensive Income | ₹129.74 Cr | ₹74.8 Cr | ₹80.45 Cr | ₹69.28 Cr | ₹76.69 Cr | ₹78.27 Cr | ₹78.08 Cr | ₹67.66 Cr | ₹69.18 Cr | ₹81.03 Cr | ₹89.46 Cr | ₹76.6 Cr |
| EBITDA (computed) | ₹190.95 Cr | ₹128.51 Cr | ₹144.73 Cr | ₹110.77 Cr | ₹122.91 Cr | ₹117.99 Cr | ₹117.97 Cr | ₹104.42 Cr | ₹105.39 Cr | ₹117.18 Cr | ₹129.41 Cr | ₹108.4 Cr |
| Basic EPS | ₹4.46 | ₹2.44 | ₹3.19 | ₹2.33 | ₹2.57 | ₹2.53 | ₹2.56 | ₹2.26 | ₹2.33 | ₹2.67 | ₹3.00 | ₹2.57 |
| Diluted EPS | ₹4.45 | ₹2.44 | ₹3.19 | ₹2.33 | ₹2.57 | ₹2.53 | ₹2.56 | ₹2.26 | ₹2.33 | ₹2.67 | ₹3.00 | ₹2.57 |
| Segment · FY 2021 (annual) | Revenue | Result (PBIT) | Assets | Liabilities |
|---|---|---|---|---|
| Discontinued operations | ₹0 | -₹4.44 Cr | - | - |
| Others | ₹2.33 Cr | -₹7.51 Cr | - | - |
| Wire and Wire Ropes | ₹1,343.27 Cr | ₹212.1 Cr | - | - |
Board & Governance of Usha Martin Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Usha Martin Limited has 7 directors - 4 independent and 3 executive. The board is chaired by Vijay Singh Bapna.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Rajeev Jhawar | Executive Director · MD | 1998-05-19 | 1 |
| Venkatachalam Ramakrishna Iyer | Non-Executive - Independent Director | 2021-11-12 | 1 |
| Vijay Singh Bapna | Non-Executive - Independent Director · Chairperson | 2019-05-27 | 3 |
| Sethurathnam Ravi | Non-Executive - Independent Director | 2021-11-12 | 6 |
| Ramni Nirula | Non-Executive - Independent Director | 2019-07-26 | 3 |
| Sharng Bhrit Prasanna Bhanu Pratap Narayan Sharma | Executive Director | 2024-04-01 | 1 |
| Chirantan Chatterjee | Executive Director | 2025-05-12 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Vijay Singh Bapna (Chairperson), Rajeev Jhawar, Sethurathnam Ravi, Venkatachalam Ramakrishna Iyer |
| Nomination and remuneration committee | Ramni Nirula (Chairperson), Vijay Singh Bapna, Venkatachalam Ramakrishna Iyer, Sethurathnam Ravi |
| Stakeholders Relationship Committee | Venkatachalam Ramakrishna Iyer (Chairperson), Sharng Bhrit Prasanna Bhanu Pratap Narayan Sharma, Chirantan Chatterjee |
| Risk Management Committee | Vijay Singh Bapna (Chairperson), Ramni Nirula, Venkatachalam Ramakrishna Iyer, Sethurathnam Ravi, Sharng Bhrit Prasanna Bhanu Pratap Narayan Sharma, Chirantan Chatterjee |
| Corporate Social Responsibility Committee | Vijay Singh Bapna (Chairperson), Ramni Nirula, Sethurathnam Ravi, Sharng Bhrit Prasanna Bhanu Pratap Narayan Sharma, Chirantan Chatterjee |
Charges & Borrowings of Usha Martin Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2025 | Others | ₹275 Cr | Open |
| 26 Apr 2019 | Others | ₹100 Cr | Open |
| 11 Feb 2023 | Others | ₹100 Cr | Satisfied |
| 15 Oct 2019 | Others | ₹43.02 Cr | Satisfied |
| 01 Oct 2019 | Others | ₹41.41 Cr | Satisfied |
Total charge records: 76 View all charges
Employees and EPFO Compliance at Usha Martin Limited
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Employee and EPFO history for Usha Martin Limited
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GST Compliance of Usha Martin Limited
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Credit Ratings, Litigation & Regulatory Alerts for Usha Martin Limited
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MSME Payment Delays by Usha Martin Limited
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Subsidiaries & Group Companies of Usha Martin Limited
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MCA Filings & Documents of Usha Martin Limited
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Recent Activity on Usha Martin Limited
Recent News on Usha Martin Limited
Frequently Asked Questions about Usha Martin Limited
Usha Martin Limited is an active public limited company in the manufacturing sector based in Kolkata, West Bengal, India. It was incorporated on 22 May 1986 (40+ years old) and is registered under CIN L31400WB1986PLC091621. Listed on BSE: 517146 and NSE: USHAMART. The company has 2,356 employees.
Usha Martin Limited reported revenue of ₹3,691.06 Cr for FY 2026 (up 6.24% YoY) based on consolidated NSE filings.
The current directors of Usha Martin Limited are:
- Venkatachalam Ramakrishnaiyer - Director
- Vijay Singh Bapna - Director
- Rajeev Jhawar - Managing Director
- Sethurathnam Ravi - Director
- Ramni Nirula - Director
- Chirantan Chatterjee - Whole-Time Director
- Sharngbhritprasanna Bhanu Pratapnarayan Sharma - Whole-Time Director
- Sabyasachi Majumder - Additional Director
- Dimitri Bracco Gartner - Additional Director
- Shreya Jhawar - Additional Director
The primary industry of Usha Martin Limited is manufacturing. The company specifically operates in cable and wire. The company is currently active in this sector.
Yes. Usha Martin Limited is listed on both BSE (code: 517146) and NSE (symbol: USHAMART).
Usha Martin Limited can be reached at the registered office: 2A Shakespear Sarani P S Shakespear Sarani, Kolkata, West Bengal, India – 700071, or through the website ushamartin.com.