About Usha Martin Limited
Data last updated: 23 December 2025
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 L31400WB1986PLC091621. 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 Sharngbhritprasanna Bhanu Pratapnarayan Sharma and Venkatachalam Ramakrishnaiyer.
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 the financials filed for FY 2025, the company reported a revenue of ₹3,513.55 Cr, a growth of 8% compared to the previous year.
The company has a workforce of approximately 2,356 employees as per the latest available data. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand - Usha Martin. As per MCA filings, the company has open charges of ₹760 Cr and satisfied charges of ₹15,034 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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Email*****@*****.com
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Telephone+91-****-******
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Website
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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 | ********* |
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 9 directors, with 35 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 |
|---|---|---|---|---|
|
Sharngbhritprasanna Bhanu Pratapnarayan Sharma
Also directs:
Usha Martin Limited, Pengg Usha Martin Wires Private Limited
|
Whole-Time Director | 01 Apr 2024 | 2 Years 3 Months | Current |
|
Venkatachalam Ramakrishnaiyer
Also directs:
Usha Martin Limited
|
Director | 12 Nov 2021 | 4 Years 7 Months | Current |
| Sethurathnam Ravi | Director | 12 Nov 2021 | 4 Years 7 Months | Current |
|
Chirantan Chatterjee
Also directs:
Usha Martin Limited, Gustav Wolf Speciality Cords Limited
|
Additional Director | 12 May 2025 | 1 Years 1 Months | Current |
| Vijay Singh Bapna | Director | 27 May 2019 | 7 Years 1 Months | Current |
| Ramni Nirula | Director | 26 Jul 2019 | 6 Years 11 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 | - | - |
Shareholding Pattern of Usha Martin Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 40.52%, foreign institutional investors hold 14.76%, domestic institutional investors hold 14.81%, retail and other public shareholders hold 29.80% of Usha Martin Limited. The company had 101,177 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 40.52% | 40.52% | 41.76% | 42.45% | 43.89% | 43.48% |
| Public | 59.37% | 59.37% | 58.18% | 57.49% | 56.04% | 56.52% |
| Employee Trusts | 0.11% | 0.11% | 0.06% | 0.06% | 0.06% | 0.00% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 40.52% | 43.89% | 46.05% | 48.26% | 49.26% | 50.87% | 52.46% | 50.66% | 50.66% | 51.28% | 51.94% |
| Public | 59.37% | 56.04% | 53.95% | 51.74% | 50.74% | 49.13% | 47.54% | 49.34% | 49.34% | 48.72% | 48.06% |
| Employee Trusts | 0.11% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Promoter change (YoY, %pts) | -3.37 | -2.16 | -2.21 | -1.00 | -1.61 | -1.59 | +1.80 | +0.00 | -0.62 | -0.66 | - |
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 |
Group Structure of Usha Martin Limited
Usha Martin Limited has 4 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Usha Martin Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bharat Minex Private Limited | U13203WB2007PTC168604 | - |
| U M Cables Limited | U26932WB1987PLC091221 | - |
| Gustav Wolf Speciality Cords Limited | U28999WB2003PLC095883 | - |
| Usha Martin Power & Resources Limited | U74999WB2008PLC126847 | - |
Showing major subsidiaries. Total: 4.
Charges & Borrowings of Usha Martin Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2025 | Others | ₹275 Cr | Open |
| 11 Feb 2023 | Others | ₹100 Cr | Open |
| 26 Apr 2019 | Others | ₹100 Cr | Open |
| 08 Apr 2019 | State Bank of India | ₹285 Cr | Open |
| 15 Oct 2019 | Others | ₹43.02 Cr | Satisfied |
Total charge records: 76 View all charges
Employees and EPFO Compliance at Usha Martin Limited
Usha Martin Limited has a workforce of 2,356 employees as of Apr 06, 2024.
Employee Count & EPFO Data of Usha Martin Limited
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GST Compliance of Usha Martin Limited
GSTIN & GST Filing Data of Usha Martin Limited
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Credit Ratings, Litigation & Regulatory Alerts for Usha Martin Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Usha Martin Limited
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MSME Payment Delays by Usha Martin Limited
MSME Payment Delays by Usha Martin Limited
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Subsidiaries & Group Companies of Usha Martin Limited
Subsidiaries & Group Companies of Usha Martin Limited
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MCA Filings & Documents of Usha Martin Limited
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 ₹3,513.55 Cr for FY 2025 (up 8.00% YoY).
The current directors of Usha Martin Limited are:
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.