Usha Martin Limited Share Price & Analysis
₹500.2▼ -1.61%Updated 21 Jul 2026, 05:01 pm IST
LTP
₹500.2
-1.61%
Open
₹—
High
₹506.9
Low
₹498.1
Close
₹500.2
52W High
₹528
52W Low
₹334
Volume
210K
Lot Size
1
Sector
Capital Goods
Market Cap
₹15K Cr
Face Value
₹1
Mid CapNIFTY 500
Price Chart
Fundamentals
P/E
29.9
Sector P/E
52.7
P/B
4.54
EPS
₹16.1
ROE
16.6%
ROCE
20.2%
D/E Ratio
0.07
Div Yield
0.76%
Book Value
₹108
+
Strengths
- ✓Strong return on equity (ROE 16.6%)
- ✓Efficient capital deployment (ROCE 20.2%)
- ✓Attractively valued vs sector (P/E 29.9x vs industry 52.7x)
- ✓Virtually debt-free
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| HAL Hindustan Aeronautics Limited | ₹4,568 | ₹3.0L Cr | 33 | 7.44 | 24 | 32 | 0 |
| BEL Bharat Electronics Limited | ₹407 | ₹3.0L Cr | 49.4 | 12.41 | 27.6 | 36.5 | 0 |
| ABB ABB India Limited | ₹7,530 | ₹1.6L Cr | 104 | 20.35 | 22.4 | 29.9 | 0.01 |
| TMCV Tata Motors Limited | ₹412 +0.59% | ₹1.5L Cr | 38.6 | 10.71 | 34 | 35.9 | 0.44 |
| CUMMINSIND Cummins India Limited | ₹5,590 | ₹1.5L Cr | 62.3 | 18.27 | 30.2 | 39.5 | 0 |
| BHEL Bharat Heavy Electricals Limited | ₹417 | ₹1.5L Cr | 60.4 | 5.55 | 6.23 | 9.14 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹912 | ₹1.4L Cr | 118 | 18.02 | 20.5 | 26.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
USHAMART · as of Mar 2026
Promoters43.90%▲0.42
FII14.25%▼0.04
DII9.25%▲1.11
Public32.53%▼1.55
Others0.06%
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 47.41% | 46.04% | 45.11% | 43.54% | 43.48% | 43.90% |
| FII | 12.94% | 14.78% | 14.19% | 14.61% | 14.29% | 14.25% |
| DII | 3.45% | 3.60% | 4.88% | 7.44% | 8.14% | 9.25% |
| Public | 36.20% | 35.57% | 35.81% | 34.40% | 34.08% | 32.53% |
| Others | — | — | — | — | — | 0.06% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Results26 Jul 2026
Dividend - Rs 3 Per Share
Dividend30 Jul 2025
Annual General Meeting
AGM5 Aug 2024
Dividend - Rs 2.75 Per Share
Dividend5 Aug 2024
Annual General Meeting
AGM2 Aug 2023
Dividend - Rs 2.50 Per Sh
Dividend2 Aug 2023
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹979 Cr ▲6.8% | ₹917 Cr ▲1.0% | ₹908 Cr ▲2.4% | ₹887 Cr ▼1.0% | ₹896 Cr ▲4.1% | ₹861 Cr ▼3.4% | ₹891 Cr ▲7.9% | ₹826 Cr |
| Op. Profit | ₹212 Cr ▲20.5% | ₹176 Cr ▲1.7% | ₹173 Cr ▲19.3% | ₹145 Cr ▲3.6% | ₹140 Cr ▼2.1% | ₹143 Cr ▼11.2% | ₹161 Cr ▲4.5% | ₹154 Cr |
| OPM | 22.0% ▲15.8% | 19.0% ▲0.0% | 19.0% ▲18.8% | 16.0% ▲0.0% | 16.0% ▼5.9% | 17.0% ▼5.6% | 18.0% ▼5.3% | 19.0% |
| Net Profit | ₹148 Cr ▲37.0% | ₹108 Cr ▼1.8% | ₹110 Cr ▲8.9% | ₹101 Cr ▲0.0% | ₹101 Cr ▲9.8% | ₹92 Cr ▼15.6% | ₹109 Cr ▲4.8% | ₹104 Cr |
| EPS (₹) | 4.85 ▲37.4% | 3.53 ▼1.9% | 3.6 ▲8.8% | 3.31 ▲0.0% | 3.31 ▲8.9% | 3.04 ▼15.6% | 3.6 ▲5.3% | 3.42 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.7K Cr ▲6.2% | ₹3.5K Cr ▲7.7% | ₹3.2K Cr ▼1.3% | ₹3.3K Cr ▲21.6% | ₹2.7K Cr ▲28.2% | ₹2.1K Cr ▼2.6% | ₹2.2K Cr ▼13.4% | ₹2.5K Cr ▲20.4% | ₹2.1K Cr ▼46.8% | ₹3.9K Cr |
| Expenses | ₹3.0K Cr ▲3.8% | ₹2.9K Cr ▲9.5% | ₹2.6K Cr ▼4.6% | ₹2.8K Cr ▲19.5% | ₹2.3K Cr ▲27.0% | ₹1.8K Cr ▼5.6% | ₹1.9K Cr ▼23.5% | ₹2.5K Cr ▲11.5% | ₹2.3K Cr ▼35.5% | ₹3.5K Cr |
| Op. Profit | ₹705 Cr ▲18.1% | ₹597 Cr ▼0.3% | ₹599 Cr ▲16.8% | ₹513 Cr ▲33.6% | ₹384 Cr ▲35.2% | ₹284 Cr ▲22.4% | ₹232 Cr ▲1066.7% | ₹-24 Cr ▲87.2% | ₹-188 Cr ▼148.3% | ₹389 Cr |
| OPM | 19.0% ▲11.8% | 17.0% ▼10.5% | 19.0% ▲18.8% | 16.0% ▲14.3% | 14.0% ▲0.0% | 14.0% ▲27.3% | 11.0% ▲1200.0% | -1.0% ▲88.9% | -9.0% ▼190.0% | 10.0% |
| Other Income | ₹46 Cr ▼19.3% | ₹57 Cr ▲7.5% | ₹53 Cr ▲32.5% | ₹40 Cr ▼46.7% | ₹75 Cr ▲212.5% | ₹24 Cr ▼95.5% | ₹537 Cr ▲3058.8% | ₹17 Cr ▼77.9% | ₹77 Cr ▼35.8% | ₹120 Cr |
| Interest | ₹20 Cr ▼33.3% | ₹30 Cr ▲20.0% | ₹25 Cr ▼16.7% | ₹30 Cr ▼28.6% | ₹42 Cr ▼26.3% | ₹57 Cr ▼23.0% | ₹74 Cr ▼35.1% | ₹114 Cr ▲23.9% | ₹92 Cr ▼83.7% | ₹564 Cr |
| Depreciation | ₹116 Cr ▲18.4% | ₹98 Cr ▲27.3% | ₹77 Cr ▲14.9% | ₹67 Cr ▼4.3% | ₹70 Cr ▲2.9% | ₹68 Cr ▲6.3% | ₹64 Cr ▲4.9% | ₹61 Cr ▲1.7% | ₹60 Cr ▼80.0% | ₹300 Cr |
| PBT | ₹615 Cr ▲16.7% | ₹527 Cr ▼4.2% | ₹550 Cr ▲20.9% | ₹455 Cr ▲31.5% | ₹346 Cr ▲89.1% | ₹183 Cr ▼71.0% | ₹630 Cr ▲448.1% | ₹-181 Cr ▲31.4% | ₹-264 Cr ▲25.6% | ₹-355 Cr |
| Tax % | 24.0% ▲4.3% | 23.0% ▲0.0% | 23.0% ▲0.0% | 23.0% ▲43.8% | 16.0% ▼20.0% | 20.0% ▼39.4% | 33.0% ▲126.2% | -126.0% ▼6400.0% | 2.0% ▲100.0% | 1.0% |
| Net Profit | ₹466 Cr ▲14.8% | ₹406 Cr ▼4.2% | ₹424 Cr ▲20.8% | ₹351 Cr ▲20.6% | ₹291 Cr ▲91.4% | ₹152 Cr ▼63.9% | ₹421 Cr ▲759.2% | ₹49 Cr ▲118.3% | ₹-268 Cr ▲25.1% | ₹-358 Cr |
| EPS (₹) | 15.29 ▲14.4% | 13.37 ▼3.9% | 13.91 ▲21.1% | 11.49 ▲20.2% | 9.56 ▲94.7% | 4.91 ▼64.3% | 13.74 ▲775.2% | 1.57 ▲117.6% | -8.9 ▲24.4% | -11.78 |
| Div Payout | 25.0% ▲13.6% | 22.0% ▲10.0% | 20.0% ▼9.1% | 22.0% ▲4.8% | 21.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr ▲0.0% | ₹31 Cr |
| Reserves | ₹3.3K Cr ▲20.2% | ₹2.7K Cr ▲15.8% | ₹2.3K Cr ▲17.4% | ₹2.0K Cr ▲20.3% | ₹1.7K Cr ▲21.1% | ₹1.4K Cr ▲14.7% | ₹1.2K Cr ▲59.4% | ₹751 Cr ▲7.7% | ₹697 Cr ▼23.7% | ₹914 Cr |
| Borrowings | ₹229 Cr ▼45.1% | ₹417 Cr ▲14.6% | ₹364 Cr ▼12.7% | ₹417 Cr ▲1.5% | ₹411 Cr ▼22.5% | ₹530 Cr ▼14.5% | ₹620 Cr ▼82.6% | ₹3.6K Cr ▼12.5% | ₹4.1K Cr ▼6.7% | ₹4.4K Cr |
| Other Liabilities | ₹681 Cr ▲21.0% | ₹563 Cr ▼1.2% | ₹570 Cr ▼9.1% | ₹627 Cr ▲0.3% | ₹625 Cr ▼3.7% | ₹649 Cr ▼6.8% | ₹696 Cr ▼73.7% | ₹2.6K Cr ▼0.0% | ₹2.6K Cr ▲9.2% | ₹2.4K Cr |
| Total Liabilities | ₹4.2K Cr ▲12.9% | ₹3.7K Cr ▲12.6% | ₹3.3K Cr ▲7.7% | ₹3.1K Cr ▲12.6% | ₹2.7K Cr ▲5.7% | ₹2.6K Cr ▲1.5% | ₹2.5K Cr ▼63.6% | ₹7.0K Cr ▼6.1% | ₹7.4K Cr ▼3.7% | ₹7.7K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.6K Cr ▲15.6% | ₹1.4K Cr ▲21.9% | ₹1.2K Cr ▲21.1% | ₹952 Cr ▲4.3% | ₹913 Cr ▼2.0% | ₹932 Cr ▼2.5% | ₹956 Cr ▲2.2% | ₹935 Cr ▼80.8% | ₹4.9K Cr ▼3.4% | ₹5.0K Cr |
| CWIP | ₹89 Cr ▼24.6% | ₹118 Cr ▼28.9% | ₹166 Cr ▲19.4% | ₹139 Cr ▲265.8% | ₹38 Cr ▼15.6% | ₹45 Cr ▲36.4% | ₹33 Cr ▲153.8% | ₹13 Cr ▼88.5% | ₹113 Cr ▼6.6% | ₹121 Cr |
| Investments | ₹79 Cr ▲16.2% | ₹68 Cr ▲21.4% | ₹56 Cr ▼15.2% | ₹66 Cr ▲17.9% | ₹56 Cr ▲16.7% | ₹48 Cr ▲9.1% | ₹44 Cr ▲4.8% | ₹42 Cr ▲7.7% | ₹39 Cr ▲5.4% | ₹37 Cr |
| Other Assets | ₹2.4K Cr ▲13.0% | ₹2.1K Cr ▲10.4% | ₹1.9K Cr ▲1.1% | ₹1.9K Cr ▲11.3% | ₹1.7K Cr ▲10.6% | ₹1.6K Cr ▲3.0% | ₹1.5K Cr ▼74.8% | ₹6.0K Cr ▲146.8% | ₹2.4K Cr ▼4.3% | ₹2.5K Cr |
| Total Assets | ₹4.2K Cr ▲12.9% | ₹3.7K Cr ▲12.6% | ₹3.3K Cr ▲7.7% | ₹3.1K Cr ▲12.6% | ₹2.7K Cr ▲5.7% | ₹2.6K Cr ▲1.5% | ₹2.5K Cr ▼63.6% | ₹7.0K Cr ▼6.1% | ₹7.4K Cr ▼3.7% | ₹7.7K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹655 Cr ▲55.2% | ₹422 Cr ▼5.0% | ₹444 Cr ▲76.2% | ₹252 Cr ▲58.5% | ₹159 Cr ▼25.7% | ₹214 Cr ▲0.9% | ₹212 Cr ▼78.2% | ₹974 Cr ▲6.6% | ₹914 Cr ▲33.2% | ₹686 Cr |
| Investing CF | ₹-367 Cr ▼67.6% | ₹-219 Cr ▲23.2% | ₹-285 Cr ▼83.9% | ₹-155 Cr ▼371.9% | ₹57 Cr ▲267.6% | ₹-34 Cr ▼101.2% | ₹2.9K Cr ▲98166.7% | ₹-3 Cr ▲91.4% | ₹-35 Cr ▼20.7% | ₹-29 Cr |
| Financing CF | ₹-321 Cr ▼252.7% | ₹-91 Cr ▲42.8% | ₹-159 Cr ▼57.4% | ₹-101 Cr ▲37.3% | ₹-161 Cr ▲9.0% | ₹-177 Cr ▲94.3% | ₹-3.1K Cr ▼219.1% | ₹-973 Cr ▼11.6% | ₹-872 Cr ▼31.5% | ₹-663 Cr |
| Net Cash Flow | ₹-33 Cr ▼129.7% | ₹111 Cr | ₹0 Cr ▲100.0% | ₹-4 Cr ▼107.3% | ₹55 Cr ▲2650.0% | ₹2 Cr ▼96.0% | ₹50 Cr ▲2600.0% | ₹-2 Cr ▼128.6% | ₹7 Cr ▲240.0% | ₹-5 Cr |
| Free Cash Flow | ₹489 Cr ▲156.0% | ₹191 Cr ▲13.7% | ₹168 Cr ▲86.7% | ₹90 Cr ▼45.5% | ₹165 Cr ▼7.3% | ₹178 Cr ▼14.0% | ₹207 Cr ▼78.9% | ₹981 Cr ▲12.4% | ₹873 Cr ▲36.4% | ₹640 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 64d ▲16.4% | 55d ▼9.8% | 61d ▲8.9% | 56d ▲0.0% | 56d ▼1.8% | 57d ▲11.8% | 51d ▲6.3% | 48d ▼59.7% | 119d ▲85.9% | 64d |
| Inventory Days | 187d ▼8.8% | 205d ▲3.0% | 199d ▲10.6% | 180d ▼8.2% | 196d ▼6.2% | 209d ▲14.2% | 183d ▲17.3% | 156d ▼55.4% | 350d ▲34.1% | 261d |
| Days Payable | 61d ▲8.9% | 56d ▲0.0% | 56d ▼6.7% | 60d ▼16.7% | 72d ▼36.3% | 113d ▲4.6% | 108d ▲38.5% | 78d ▼86.1% | 561d ▲55.0% | 362d |
| Cash Conv. Cycle | 190d ▼7.3% | 205d ▲0.5% | 204d ▲16.6% | 175d ▼2.8% | 180d ▲17.6% | 153d ▲21.4% | 126d ▲0.0% | 126d ▲237.0% | -92d ▼148.6% | -37d |
| Working Capital Days | 109d ▲1.9% | 107d ▼6.1% | 114d ▲16.3% | 98d ▲0.0% | 98d ▲25.6% | 78d ▲39.3% | 56d ▲152.8% | -106d ▲63.2% | -288d ▼108.7% | -138d |
| ROCE | 20.0% ▲5.3% | 19.0% ▼13.6% | 22.0% ▲4.8% | 21.0% ▲16.7% | 18.0% ▲38.5% | 13.0% ▲85.7% | 7.0% ▲800.0% | -1.0% ▲75.0% | -4.0% ▼233.3% | 3.0% |
Source: Screener.in · Lower days = better efficiency
Related Analysis
Frequently Asked Questions
What is Usha Martin Limited share price today?▾
Usha Martin Limited (USHAMART) is currently trading at ₹500.2 on NSE, down 1.61% as of the last market session. Prices update daily after market close on MarketNetra.
Is Usha Martin Limited available in F&O (Futures & Options)?▾
Yes, Usha Martin Limited (USHAMART) is part of the NSE F&O segment with a lot size of 1 shares. Options are available with monthly expiry contracts. You can track the full option chain and OI analysis on MarketNetra.
What is Usha Martin Limited 52-week high and low?▾
Usha Martin Limited's 52-week high is ₹528 and the 52-week low is ₹334. The current price of ₹500.2 is 5.3% below the 52W high.
What is Usha Martin Limited P/E ratio?▾
Usha Martin Limited's current P/E ratio is 29.9. This indicates the market is paying ₹29.9 for every ₹1 of earnings. Compare this to the sector average to assess relative valuation.
How to trade Usha Martin Limited options?▾
Usha Martin Limited options are traded on NSE with monthly expiry contracts (lot size: 1 shares). To trade USHAMART options: select your expiry on the option chain page, identify key OI strikes, check the PCR and buildup type on OI analysis, and review FII/DII flows for institutional sentiment before taking a position.