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 comprising compacted, indented, un-bonded polymer coated, and bonded polymer LRPC stra. Track Usha Martin Limited's live NSE:USHAMART share price โน507.75 (+2.38%), market cap โนโน155B, P/E 29.1. MarketRipple's AI analysis covers the investment thesis, ripple-chain impact, and Basic Materials sector outlook for USHAMART โ real-time NSE India stock intelligence.
Usha Martin Limited
03 August 2026 ยทNSE
Market Cap
โน155B
PE Ratio
29.1
Dividend
0.76%
AI Score
51/100
Open
โน503.00
High
โน509.35
Low
โน501.65
Prev. Close
โน495.95
52W High
โน527.50
52W Low
โน333.60
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 comprising compacted, indented, un-bonded polymer coated, and bonded polymer LRPC stra
Key Takeaway
Usha Martin Limited is rated strong buy with a P/E of 29.1x โ understand the valuation context before sizing a position.
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Ask AI: Is Usha Martin Limited fairly valued right now?
Because a P/E of 29.1x needs to be compared against sector peers and growth expectations to be meaningful.
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View events affecting Usha Martin Limited
Because the investment case must account for macro and company-specific developments โ events reveal the 'why' behind price moves.
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Because Basic Materials moves create upstream and downstream implications that affect the entire thesis.
Intelligence Path
Growth
Govt Exposure
Policy Dependence
Execution Quality
News Sensitivity
Debt Strength
1,033 Cr
Revenue
142 Cr
Net Profit
0%
ROE
0%
ROCE
17.46
EPS
| โน in Crore | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|
| Revenue | 3,187 | 3,138 | 3,383 | 3,596 | 3,816 |
| Net Profit | 350 | 424 | 407 | 466 | 499 |
| ROE (%) | โ | โ | โ | 0.0% | 0.0% |
| EPS (โน) | โ | โ | โ | 17.46 | 17.46 |
| Debt/Equity | โ | โ | โ | 6.9 | 6.9 |