Usha Martin Limited

USHAMART.BO·BSE·Basic Materials

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473.15−4.35 (−0.91%)today

As of Oct 22, 10:13 AM IST · May be delayed up to 15 min · INR

Key statistics

Previous close477.50

Open478.20

Day range467.25478.20

52-week range378.55542.00

Off day high−1.06%

Off 52-week high−12.70%

Volume23.20K

Avg. volume (3M)46.69K

Market cap144.03B

EPS (TTM)17.46

Forward P/E20.77

P/E ratio (TTM)27.10

Dividend yield0.79% (3.75)

Beta (5Y)0.33

Shares outstanding304.40M

Short interest—

Earnings dateAug 11, 2025

Analyst target616.50

Profit margin13.22%

Against its peers

Compare in full ›

	USHAMART.BO	1605.TW	WELCORP.BO	2002.TW	JSWSTEEL.BO	GNV.F
Market cap	144.03B	163.96B	650.68B	297.98B	2.96T	993.14M
P/E (TTM)	27.1	11.1	28.2	—	12.0	—
Forward P/E	20.8	8.0	22.0	46.7	16.6	—
Price/book	4.4	0.8	7.1	1.0	3.0	0.2
Dividend yield	0.79%	1.34%	0.20%	0.77%	0.58%	—
1-year change	+5.92%	+23.51%	+207.17%	+4.26%	+8.61%	−52.59%
Today	−0.91%	−0.80%	−3.73%	−0.26%	−0.59%	−3.64%

The closest companies by business and industry (Steel). Prices may be delayed up to 20 min.

Related companies

Compare ›

The businesses closest to Usha Martin's by what they do, from their descriptions, with the same industry weighted in.

Company	Mkt cap	Price	Today
Walsin Lihwa Corporation1605.TW · Steel	163.96B	37.00	−0.80%
Welspun Corp LimitedWELCORP.BO · Steel	650.68B	2,467.45	−3.73%
China Steel Corporation2002.TW · Steel	297.98B	19.55	−0.26%
JSW Steel LimitedJSWSTEEL.BO · Steel	2.96T	1,214.40	−0.59%
Angang Steel Company LimitedGNV.F · Steel	993.14M	0.1060	−3.64%
Martin Marietta Materials, Inc.MLM · Building Materials	36.15B	509.02	+0.28%
Mitsubishi Materials Corporation5711.T · Other Industrial Metals & Mining	571.32B	4,372.00	−2.32%
Simpson Manufacturing Co., Inc.SSD · Lumber & Wood Production	7.38B	180.11	−0.27%

Other companies in Steel, closest in size first.

Company	Mkt cap	Price	Today
Godawari Power & Ispat LimitedGPIL.NS · Raipur, India	130.76B	200.86	−3.07%
Walsin Lihwa Corporation1605.TW · Taipei, Taiwan	163.96B	37.00	−0.80%
Sarda Energy & Minerals LimitedSARDAEN.BO · Raipur, India	160.65B	455.90	−1.85%
Jindal Saw LimitedJINDALSAW.NS · New Delhi, India	161.13B	252.70	−6.54%
Ratnamani Metals & Tubes LimitedRATNAMANI.NS · Ahmedabad, India	166.84B	2,380.30	−1.01%
SSAB AB (publ)0MHZ.IL · Stockholm, Sweden	112.44B	98.90	−2.55%
Aichi Steel Corporation5482.T · Tokai, Japan	183.55B	2,857.00	−0.76%
Gerdau S.A.GGBN.MX · São Paulo, SP	189.60B	96.65	0.00%

Basic Materials companies of a similar market value (145.41B).

Company	Mkt cap	Price	Today
Boliden AB (publ)BOL.ST · Other Industrial Metals & Mining	144.37B	508.40	−0.97%
Century Plyboards (India) LimitedCENTURYPLY.BO · Lumber & Wood Production	143.88B	647.60	−1.27%
Kansai Nerolac Paints LimitedKANSAINER.BO · Specialty Chemicals	148.45B	183.60	−0.60%
Rio Tinto GroupRIO · Other Industrial Metals & Mining	141.37B	86.92	−1.41%
Shaily Engineering Plastics LimitedSHAILY.NS · Specialty Chemicals	133.69B	2,906.50	−3.86%
Norsk Hydro ASANHY.OL · Aluminum	142.25B	72.38	−1.95%
Indorama Ventures Public Company LimitedIVL.BK · Chemicals	148.79B	26.50	−1.83%
Paradeep Phosphates LimitedPARADEEP.BO · Agricultural Inputs	145.81B	140.40	−2.84%

Also based in Kolkata, India, then elsewhere in India.

Company	Mkt cap	Price	Today
ITC LimitedITC.BO · Kolkata, India	3.24T	258.65	−1.18%
Coal India LimitedCOALINDIA.BO · Kolkata, India	2.46T	398.65	−2.05%
Shree Cement LimitedSHREECEM.BO · Kolkata, India	808.69B	22,413.30	+0.46%
Berger Paints India LimitedBERGEPAINT.NS · Kolkata, India	548.08B	470.05	−1.08%
Linde India LimitedLINDEINDIA.NS · Kolkata, India	508.29B	5,960.00	+1.32%
Hindustan Copper LimitedHINDCOPPER.BO · Kolkata, India	399.53B	413.15	−1.81%
Shyam Metalics and Energy LimitedSHYAMMETL.BO · Kolkata, India	331.28B	1,190.00	−0.44%
Exide Industries LimitedEXIDEIND.BO · Kolkata, India	297.08B	349.50	−2.42%

Companies that serve the same markets: utilities, construction, mining & metals.

Company	Mkt cap	Price	Today
Asia Cement Corporation1102.TW · utilities · construction · mining & metals	136.72B	38.55	+1.31%
Kobe Steel, Ltd.KST.F · utilities · construction · mining & metals	4.44B	11.22	0.00%
Terex CorporationTEX · utilities · construction · mining & metals	6.07B	53.07	+0.82%
Garden Reach Shipbuilders & Engineers LimitedGRSE.BO · utilities · construction	222.79B	1,944.85	−3.84%
KNR Constructions LimitedKNRCON.BO · utilities · construction	29.64B	105.40	+0.91%
Construction Partners, Inc.ROAD · utilities · construction · mining & metals	4.82B	84.94	+0.66%
Energy Development Company LimitedENERGYDEV.BO · utilities · construction	645.52M	13.59	−1.09%
Komatsu Ltd.KOM1.F · utilities · construction · mining & metals	33.81B	38.09	−2.81%

The stocks whose daily moves over the past year went most closely with Usha Martin's: the correlation of their daily returns, where 1 would be moving as one.

Company	Mkt cap	Price	Today
JSW Steel LimitedJSWSTEEL.BO · Correlation 0.43	2.96T	1,214.40	−0.59%
Welspun Corp LimitedWELCORP.BO · Correlation 0.32	650.68B	2,467.45	−3.73%

What visitors to Usha Martin's page also look at.

Company	Mkt cap	Price	Today
WELSPUN CORP LIMITEDWELCORP.BO	650.68B	2,467.45	−3.73%
GRAPHITE INDIA LTD.GRAPHITE.BO	142.14B	727.50	−2.46%
ZENSAR TECHNOLOGIES LTD.ZENSARTECH.BO	112.67B	497.10	−2.39%
HINDUSTAN COPPER LTD.HINDCOPPER.BO	399.53B	413.15	−1.81%
TIME TECHNOPLAST LTD.TIMETECHNO.BO	81.72B	165.55	−4.91%

From the 4Search instruments index: what each company does (its business description), its industry, size, headquarters and the markets it serves; and from a year of daily prices, which move together. Prices may be delayed up to 20 min.

Latest news

All USHAMART.BO news ›

Business Upturn·6d agoPositive

Usha Martin receives upgraded ESG rating of 63 from NSE

Usha Martin Limited has been awarded an upgraded ESG (Environmental, Social, and Governance) rating of 63 by NSE Sustainability Ratings and Analytics Limited, a SEBI registered Category-I ESG Rating Provider. This rating marks an…

Kalkine India·Oct 14

Usha Martin USHAMART Reg 74(5) Compliance Q2 FY27

Kalkine India Usha Martin (NSE:USHAMART): Has It Filed Its Q2 FY27 Depository Compliance Certificate? Source: Krish Capital Pty Ltd Usha Martin Limited (NSE:USHAMART) submitted its compliance certificate under Regulation 74(5) of the SEBI…

Bodhiwire·Oct 8

Usha Martin University inaugurates centre for tribal rights, customs

Ranchi, Oct 8: Usha Martin University (UMU) on Wednesday inaugurated the Usha Martin Centre for Tribal Rights & Customs (UM-CTRC) to promote research, documentation and academic engagement on tribal rights, traditions and cultural…

From articles in the 4Search news index.

In the news

8mentions in 30 days

8with it in the headline

Positivesentiment

Most coverage from

businessupturn.com2
kalkine.co.in2
livemint.com2
scanx.trade1
tradingview.com1

Finance and business coverage in the 4Search news index: articles that name it in the headline, or in the text beside its ticker. Sentiment is the index's own reading of the latest 8 articles, not a forecast.

About

Profile ›

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, wire drawing and allied machine, cord, and related accessories in India and internationally. The company offers wire ropes, including crane, mining, elevator, oil and offshore, fishing, general engineering, aerial transportation, structural, and forestry ropes, as well as conveyor cords. It also provides spring, welding, fencing, ACSR, needle, mesh, fishhook, CHQ, spoke, and brush wires; LRPC strands compri…

SectorBasic Materials

IndustrySteel

Employees2,234

HeadquartersKolkata, India

Websiteushamartin.com

Analyst ratings

Analysis ›

Strong buy4 analysts

Strong buy 0
Buy 4
Hold 0
Sell 0
Strong sell 0

12-month price target616.50+30.30%

Low 596.00Current 473.15High 650.00

Wall Street analyst consensus. Not a recommendation.

Earnings

Reported EPS
Estimate

Next report: Mon, Aug 11, 2025

Quarterly results

Financials ›

Revenue
Net income
Net margin 13.7% (Q2 '26)

Prices may be delayed up to 15 min. Not investment advice.

Track record

Leaderboard ›

Days on the list	30 d	1 yr	Best
Trending	0	0	—

Not eligible for Gainers, Losers, Most active (U.S. stocks worth $2 billion or more only).

Not eligible for Small-cap gainers, Aggressive small caps (U.S. stocks worth under $2 billion only).

Not eligible for Growth tech (U.S. technology stocks only).

Not eligible for Undervalued large caps (U.S. stocks worth $10 billion or more only).

A day counts when it ranked in the top 25 of a list. Tracked since Oct 10, 2026.

Market data is provided for information only and comes from free public sources. Prices may be delayed up to 15 minutes; data may be incomplete or inaccurate. Nothing on this page is investment advice or a recommendation to buy or sell any security. News and coverage analytics are drawn from the 4Search index. Terms of use.