Usha Martin Share Price

₹ 484.75

+₹24.00 (5.21%)
1D
Last updated 04 Nov, 2026, 15:29 IST
NSE: USHAMART
|
Steel & Iron Products

Usha Martin Share Price Today

As of 4 Nov 2026, Usha Martin share price is ₹484.75. The stock opened at ₹460.75, compared to its previous close of ₹460.75. During today's trading session, Usha Martin share price moved in the range of ₹459.25 to ₹488.00, with an average price of ₹473.63 for the day. Looking at its last 52-week, the stock has touched a low of ₹380.00 and a high of ₹542.60. On the performance front, Usha Martin share price has increased by 1.98% over the last six months and is down 3.66% on a year-on-year basis.

Share price over the last 1 day rose from 459.50 to 484.75, ranging between 459.50 and 487.15.

₹459.25
5.21% up today
₹488.00
1D LOW
1D HIGH

Usha Martin Stock Insights

Latest Earning
Op Profit TrendUp by 21.40% YoY
Latest Earning
Net Profit TrendUp by 14.76% YoY
Latest Earning
Revenue TrendUp by 3.54% QoQ
Stock Performance
OutperformingBeat Nifty by 1.58 % in last 6 month
Shareholding Pattern
PromoterPromoter decreased stake by 0.47%
Shareholding Pattern
DIIDII decreased stake by 95.14%
Shareholding Pattern
FIIFII increased stake by 1.62%
Usha Martin stock performance
Open₹460.75
High₹488.00
Low₹459.25
Prev. close₹460.75
Usha Martin trading activity
Volume8,78,122
Average traded price₹477.78
Last traded time03:29:55 04 Nov
Last traded quantity50

Circuit
L
H
₹368.60
₹552.90
52-week
L
H
₹380.00
₹542.60
Mkt Cap Cr
14,042.50

P/E
27.68

P/B
4.25

ROA
12.05%
ROE
14.11%

ROCE
17.96%

Quick Ratio
1.9

EV/EBITDA
17.03

Based on fundamentals, this stock's

Performance: 1 out of 5, Very Poor
Performance
Very Poor
Usha Martin has not beaten FD return of 7%
Valuation: 1 out of 5, Overvalued
Valuation
Overvalued
Usha Martin appears overvalued compared to its peers
Earnings: 4 out of 5, Good
Earnings
Good
Usha Martin revenue, operating profit and net profit are growing
Peer Comparison
Peer comparison — key ratios
NameMkt Cap CrP/EP/BROAROEROCEQuick RatioEV/EBITDA
JSW Steel3,22,445.3310.172.8512.55%11.86%14.58%1.026.93
Tata Steel2,21,145.6819.532.183.74%10.56%11.35%0.268.28
Jindal Steel & Power1,12,311.7039.492.142.85%6.16%8.69%0.8114.26
SAIL68,194.9712.311.13.96%8.96%9.96%0.286.18
Jindal Stainless55,932.7516.812.637.49%15.7%17.29%0.579.75
Shyam Metalics and Energy33,987.0924.792.755.91%10.97%15.33%0.3811.66
Sarda Energy & Minerals15,099.5413.231.878.97%13.78%16.27%3.697.94
GODAWARI POW & ISP LTD13,029.0716.072.2611.07%13.79%18.5%1.979.08
Gallantt Ispat12,818.0531.143.649.07%11.69%14.14%2.1417.84
NMDC Steel11,435.22132.450.850.3%0.45%3.16%0.219.41

Auto-generated based on historical fundamentals; not a recommendation to buy/sell.

Usha Martin Company Background

ISIN
INE228A01035
Sector Market Cap
₹ 14,042.50 Cr

Usha Martin Limited is an India-based specialty steel wire rope solutions provider. The Company is also engaged in the manufacturing of wires, low relaxation prestressed concrete steel strand (LRPC), wires, prestressing solutions, cables, and bespoke end-fitments and accessories. Its segments include Wire and Wire ropes, and Others. The Wire and Wire ropes segment is engaged in the manufacturing and sale of steel wires, strands, wire ropes, cords, related accessories, wire drawing and allied machine, among others. The Others segment is engaged in the manufacturing and sale of jelly filled and optical fiber telecommunication cables. It provides various wire ropes, such as crane rope, mining rope, elevator rope, oil and offshore rope, fishing rope, general engineering rope, aerial transportation rope, structural rope, and conveyor rope. Its LRPC strands include unbonded polymer coated LRPC strand, bonded polymer coated LRPC strand, compacted LRPC strand, and intended LRPC strand.

Usha Martin Financial Highlights

  • Revenue: Usha Martin reported revenue of ₹3,759.94 crore in FY26 vs ₹3,513.55 crore in FY25. It showed an increase of 7.01% on a yearly basis.
  • Operating Profit: Usha Martin reported an operating profit of ₹639.57 crore in FY26 vs ₹526.85 crore in FY25. It showed an increase of 21.40% on a year-on-year basis.
  • Net Profit: Usha Martin reported a net profit of ₹466.31 crore in FY26 vs ₹406.32 crore in FY25. It showed an increase of 14.76% on a yearly basis.

Usha Martin Quarterly Result Highlights

  • Usha Martin reported revenue of ₹1,041.56 crore in Jun 2026, compared with ₹1,005.92 crore in Mar 2026, representing an increase of 3.54% on a quarter-on-quarter (QoQ) basis.
  • Usha Martin reported an operating profit of ₹184.12 crore in Jun 2026, compared with ₹204.37 crore in Mar 2026, representing a decrease of 9.91% on a quarter-on-quarter (QoQ) basis.
  • Usha Martin reported a profit of ₹142.04 crore in Jun 2026, compared with ₹148.03 crore in Mar 2026, reflecting a decrease of 4.05% on a QoQ basis.
  • The earnings per share (EPS) of Usha Martin stood at ₹15.30 during Jun 2026.

Data Source: BSE, Company announcements

Securities shown are illustrative, not recommendations. Past performance does not guarantee future results.

Promoters
40.09%
FII
15.34%
Other DII
0.15%
Retail and other
30.21%
Mutual funds
14.20%
Foreign Institutional Investor (FII)
FII shareholding by period
Dec 202514.62%
Mar 202614.76%
Jun 202615.10%
Sep 202615.34%

Usha Martin Investment Returns

1 day
+0.27%

1 week
-3.87%

1 month
-6.29%

1 year
-3.66%

3 years
+60.90%

5 years
+402.73%

Usha Martin Share Price History

Usha Martin share price history by day, showing open and close prices and the percentage change
Day
Open / Close
Change %
03 Nov 26
₹460.65 / ₹460.75
+0.27%
02 Nov 26
₹448.45 / ₹459.50
+3.05%
30 Oct 26
₹462.00 / ₹445.90
-3.46%
29 Oct 26
₹462.00 / ₹461.90
-0.47%
Show more

Usha Martin Financials

Full statement

Income Statement · Consolidated

Income Statement · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹3,691.06₹3,474.16₹3,225.20₹3,267.76
Other Income₹68.88₹39.39₹40.28₹28.06
Total Revenue₹3,759.94₹3,513.55₹3,265.48₹3,295.82
Total Expenses₹3,122.01₹3,004.51₹2,728.42₹2,852.18
Profit Before Tax₹639.57₹526.85₹549.51₹455.38
Tax₹148.37₹120.53₹125.39₹104.78
Profit After Tax₹491.20₹406.32₹424.12₹350.60
EPS - Basic₹15.30₹13.37₹13.92₹11.51
EPS - Diluted₹15.29₹13.37₹13.92₹11.51

Cash Flow · Consolidated

Cash Flow · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹612.29₹526.85₹549.51₹455.38
Income before WC changes₹766.92₹624.47₹638.05₹552.95
Change in Assets-₹110.00-₹88.56-₹19.65-₹185.63
Change in Liabilities₹79.02₹5.01-₹57.88-₹21.87
Change in WC-₹30.98-₹83.55-₹77.53-₹207.50
Cash flow from Operations₹655.34₹421.76₹443.84₹251.59
Cash flow from Investing-₹366.67-₹223.24-₹287.93-₹157.69
Cash flow from Financing-₹321.49-₹91.49-₹159.33-₹101.09
Total Cash Flow-₹18.88₹110.94-₹1.17-₹4.22
Cash (Start of the year)₹260.72₹149.78₹150.16₹154.38
Cash (End of the year)₹241.84₹260.72₹149.78₹150.16

Balance Sheet · Consolidated

Balance Sheet · Consolidated — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹1,931.79₹1,763.82₹1,541.07₹1,337.47
Current Assets₹2,280.03₹1,984.12₹1,789.06₹1,749.36
Total Assets₹4,211.82₹3,747.94₹3,330.13₹3,086.83
Current Liabilities₹695.61₹694.98₹615.88₹709.17
Net Current Asset₹1,584.42₹1,289.14₹1,173.18₹1,040.19
Non-Current Liabilities₹214.13₹301.25₹330.34₹342.59
Equity Capital₹3,302.08₹2,751.71₹2,383.91₹2,035.07
Total Equity & Liabilities₹4,211.82₹3,747.94₹3,330.13₹3,086.83

Income Statement · Standalone

Income Statement · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Revenue₹2,312.03₹2,171.06₹2,046.09₹2,041.71
Other Income₹73.57₹41.38₹60.14₹30.67
Total Revenue₹2,385.60₹2,212.44₹2,106.23₹2,072.38
Total Expenses₹1,872.66₹1,807.71₹1,685.37₹1,785.17
Profit Before Tax₹496.36₹404.73₹420.86₹287.21
Tax₹118.34₹102.52₹98.75₹73.51
Profit After Tax₹378.02₹302.21₹322.11₹213.70
EPS - Basic₹11.60₹9.92₹10.57₹7.01
EPS - Diluted₹11.59₹9.92₹10.57₹7.01

Cash Flow · Standalone

Cash Flow · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Profit before tax₹469.08₹404.73₹420.86₹287.21
Income before WC changes₹479.74₹431.87₹430.49₹313.53
Change in Assets-₹11.05-₹26.16-₹18.28-₹27.45
Change in Liabilities₹44.44-₹5.70-₹20.83-₹73.95
Change in WC₹33.39-₹31.86-₹39.11-₹101.40
Cash flow from Operations₹444.86₹313.24₹301.11₹141.66
Cash flow from Investing-₹315.92-₹106.16-₹172.68-₹122.34
Cash flow from Financing-₹228.09-₹115.34-₹124.19-₹65.73
Total Cash Flow-₹99.15₹91.74₹4.24-₹46.41
Cash (Start of the year)₹146.33₹54.59₹50.35₹96.76
Cash (End of the year)₹47.18₹146.33₹54.59₹50.35

Balance Sheet · Standalone

Balance Sheet · Standalone — all values in INR Crore
ParticularsMar 2026Mar 2025Mar 2024Mar 2023
Non-Current Assets₹1,130.48₹1,057.62₹982.38₹818.17
Current Assets₹1,048.66₹922.15₹804.18₹790.47
Total Assets₹2,179.14₹1,979.77₹1,786.56₹1,608.64
Current Liabilities₹318.78₹327.33₹301.75₹350.46
Net Current Asset₹729.88₹594.82₹502.43₹440.01
Non-Current Liabilities₹71.46₹121.72₹165.02₹178.47
Equity Capital₹1,788.90₹1,530.72₹1,319.79₹1,079.71
Total Equity & Liabilities₹2,179.14₹1,979.77₹1,786.56₹1,608.64
* All values are in INR Crore
Usha Martin market depth
Bid quantityBid priceAsk priceAsk quantity
00486276
0000
0000
0000
0000
Total bid quantity0
Total ask quantity276
Usha Martin technical summary
Bearish indicators2
Neutral indicators6
Bullish indicators0
OverallSlightly Bearish
by SEBI experts

Expert Pick

EXPPICK
Stop-loss
Stop-loss is locked. Sign in to view.
Entry price
Entry price is locked. Sign in to view.
Target
Target is locked. Sign in to view.
Indicator
Value
Verdict

RSI (14)
41.05
Neutral

ATR (14)
15.61
Neutral

STOCH(9,6)
41.41
Neutral

STOCH RSI (14)
64.52
Neutral

ADX(9)
25.39
Bearish

UO(9)
51.16
Neutral

ROC(12)
-4.59
Bearish

WillR(14)
-64.99
Neutral
Period
Simple value
Exponential vaue

5D
458.43
460.22

10D
463.96
465.58

20D
479.92
475.51

50D
493.33
487.6

100D
495.82
486.22
Volume trend — traded volume by day
4 Nov8L
3 Nov4L
2 Nov5L
30 Oct3L
29 Oct5L
28 Oct3L
Average5L

Technical indicators used here are for indicative purposes only. Kindly do not treat it as an investment or trading advice

Compare against other stocks

Usha Martin
Steel & Iron Products
Add Stock
Add Another

Mutual Funds Invested in Usha Martin

Fund name
AUM
Tata Small Cap Fund
4.53%

ICICI Prudential Commodities Fund
3.57%

Navi Aggressive Hybrid Fund
3.14%

Usha Martin Returns Calculator

Ex-date: 13 Aug 2026

Usha Martin Share Price FAQs












Please be aware that Usha Martin stock prices are subject to continuous fluctuations due to various factors.