Usha Martin Limited

Web: ushamartin.com NSE: USHAMART BSE: 517146 SECTOR: Capital Goods - Industrial Products

498 1(0%)

Near 52W High of 528

Volume

2L as on 22, Jul

Open

392

High

388

Low

376

497

VWAP

497

52 Week High

528

52 Week Low

334

Viand Research Rating

Quality Score

61/100

Growth Score

25/100

Valuation Score

50/100

Momentum Score

70/100

Analyst Recommendations

BUY/SELL

Hold | Buy | Strong Buy

Analyst Price Target

Market Cap (cr)

15,176

No. of Shares

30.5

P/E

40.97

P/B

9.7

Face Value

Div. Yield

Book Value (TTM)

CASH

DEBT

EPS (TTM)

ROE

23.68

ROCE

Profit Growth

Listing Date

11-Oct-00

Promoter Holding

40.52%

FII Holding

14.77%

DII Holding

14.81%

Price Chart

Price Performance

1 Week0%

1 Month3%

3 Months12%

6 Months18%

1 Year30%

YTD12%

Moving Average

5 Day SMA500

10 Day SMA502

20 Day SMA498

30 Day SMA494

50 Day SMA490

61 Day SMA485

80 Day SMA471

200 Day SMA450

PIVOT LEVEL

	Standard	Camarilla	Fibonacci	Woodie's
Resistance 3	514	503	511	513
Resistance 2	511	502	507	510
Resistance 1	505	501	505	505
Pivot Point	502	500	502	501
Support 1	497	499	498	496
Support 2	493	499	496	493
Support 3	488	498	493	487

Competitors/Peers

#	Symbol	MCAP	LTP	1W	1M	6M	1Y	P/E	Ind PE	Debt/Eq	NP Qtr Rs.Cr.
1	HAL	3,05,236	4564	3%	1%	5%	3%	31	94	0	9116
2	BEL	2,95,132	404	1%	6%	3%	2%	49	94	0	6062
3	ABB	1,59,111	7508	4%	3%	58%	31%	93	94	0.01	1668
4	CUMMINSIND	1,54,691	5580	1%	3%	37%	54%	74	94	0	2362
5	TMCV	1,49,748	407	4%	1%	9%	23%	0	94	0.44	3030
6	POWERINDIA	1,42,877	32055	6%	13%	90%	61%	150	94	0.02	988
7	BHEL	1,42,155	408	0%	1%	66%	66%	409	94	0.31	1600
8	CGPOWER	1,39,071	883	2%	5%	59%	34%	119	94	0.01	1199
9	POLYCAB	1,34,302	8915	3%	9%	30%	32%	52	94	0.02	2708
10	SIEMENS	1,30,497	3664	2%	3%	25%	16%	66	94	0.02	2754
Load More

Shareholding Pattern (%)

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021
Promoters	(0.01) 40.52%	(-1.21) 40.52%	(-0.71) 41.75%	(-1.51) 42.45%	(0.41) 43.90%	(-0.11) 43.48%	(-1.61) 43.54%	(-0.91) 45.11%	(-1.41) 46.04%	(-0.11) 47.41%	(-0.41) 47.51%	(-0.41) 47.87%	(0.01) 48.27%	(-0.41) 48.30%	(-0.31) 48.70%	(-0.21) 49.04%	(-0.51) 49.26%	(-0.31) 49.79%	(0.01) 50.13%
FIIs	(0.21) 14.77%	(0.51) 14.62%	(-0.11) 14.14%	(0.01) 14.29%	(0.01) 14.25%	(-0.31) 14.29%	(0.41) 14.61%	(-0.61) 14.19%	(1.81) 14.78%	(0.91) 12.94%	(2.71) 12.03%	(-0.21) 9.29%	(0.71) 9.50%	(-0.11) 8.83%	(0.21) 8.89%	(0.01) 8.68%	(0.11) 8.69%	(0.01) 8.60%	(0.01) 8.57%
DIIs	(0.71) 14.81%	(1.81) 14.11%	(1.21) 12.29%	(1.81) 11.06%	(1.11) 9.25%	(0.71) 8.14%	(2.61) 7.44%	(1.31) 4.88%	(0.21) 3.60%	(-0.41) 3.45%	(0.41) 3.86%	(1.31) 3.44%	(1.31) 2.12%	(0.81) 0.83%	(0.01) 0.04%	(0.01) 0.06%	(0.01) 0.05%	(0.01) 0.05%	(0.01) 0.05%
Public	29.80%	30.63%	31.74%	32.15%	32.53%	34.08%	34.40%	35.81%	35.57%	36.20%	36.60%	39.38%	40.12%	42.04%	42.37%	42.22%	42.00%	41.56%	41.24%
No. of Shareholders	101,177	104,397	104,821	114,349	118,564	150,403	111,193	100,100	85,447	81,195	76,482	71,454	66,393	66,047	66,901	65,584	62,397	65,074	63,379

Quarterly Results

	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023	Mar 2023	Dec 2022	Sep 2022	Jun 2022	Mar 2022	Dec 2021	Sep 2021	Jun 2021
Sales	979	917	908	887	896	861	891	826	829	797	785	814	855	834	820	759	767	712	594	615
Sales Growth % (YoY)	9.3%	6.6%	1.8%	7.4%	8.1%	8%	13.6%	1.5%	-3.1%	-4.4%	-4.3%	7.3%	11.6%	17.1%	38.1%	23.3%	17.4%	29.5%	14.6%	63.6%
Sales Growth % (QoQ)	6.8%	1%	2.4%	-1%	4.1%	-3.4%	7.9%	-0.4%	4%	1.5%	-3.6%	-4.8%	2.5%	1.7%	8%	-1%	7.7%	19.9%	-3.4%	-
Expenses	768	741	735	743	757	718	730	672	678	640	640	669	701	707	705	641	660	612	509	524
Operating Profit	212	176	173	145	140	143	161	154	152	157	144	146	154	127	115	117	107	100	85	91
OPM %	22	19	19	16	16	17	18	19	18	20	18	18	18	15	14	15	14	14	14	15
Other Income	21	-5	10	20	28	9	11	9	14	8	25	7	13	7	9	10	40	9	14	6
Interest	4	5	5	6	7	9	8	7	7	6	6	6	8	8	8	7	7	11	12	12
Depreciation	31	29	28	29	28	26	23	22	23	19	18	18	17	17	17	17	17	17	18	18
Profit before tax	197	138	150	130	133	118	141	135	136	140	144	129	142	110	100	103	122	81	69	69
Tax %	25	22	27	22	24	22	23	23	22	23	24	22	26	23	21	20	11	20	18	18
Net Profit	148	108	110	101	101	92	109	104	106	108	110	101	105	84	79	82	109	67	58	58
Net Profit Growth % (QoQ)	37%	-1.8%	8.9%	-	9.8%	-15.6%	4.8%	-1.9%	-1.9%	-1.8%	8.9%	-3.8%	25%	6.3%	-3.7%	-24.8%	62.7%	15.5%	-	-
Net Profit Growth % (YoY)	46.5%	17.4%	0.9%	-2.9%	-4.7%	-14.8%	-0.9%	3%	1%	28.6%	39.2%	23.2%	-3.7%	25.4%	36.2%	41.4%	-	-	-	-
TTM Net Profit	467	420	404	403	406	411	427	428	425	424	400	369	350	354	337	316	292	183	116	0
EPS in Rs	4.85	3.53	3.6	3.31	3.31	3.04	3.6	3.42	3.49	3.53	3.59	3.31	3.45	2.75	2.59	2.69	3.57	2.2	1.89	1.9

Profit and Loss

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Sales	3691	3474	3225	3268	2688	2097	2154	2488	2066	3882	4112	4561	4074	3622
Sales Growth %	6.2%	7.7%	-1.3%	21.6%	28.2%	-2.6%	-13.4%	20.4%	-46.8%	-5.6%	-9.8%	12%	12.5%	7.8%
Expenses	2986	2877	2627	2754	2304	1814	1922	2512	2253	3493	3771	3845	3357	3006
Operating Profit	705	597	599	513	384	284	232	-24	-188	389	341	717	717	616
OPM %	19	17	19	16	14	14	11	-1	-9	10	8	16	18	17
Other Income	46	57	53	40	75	24	537	17	77	120	32	-63	82	89
Interest	20	30	25	30	42	57	74	114	92	564	547	522	440	338
Depreciation	116	98	77	67	70	68	64	61	60	300	308	418	333	264
Profit before tax	615	527	550	455	346	183	630	-181	-264	-355	-481	-287	27	104
Tax %	24	23	23	23	16	20	33	-126	2	1	-11	-12	50	21
Net Profit	466	406	424	351	291	152	421	49	-268	-358	-428	-251	13	82
Net Profit Growth %	14.8%	-4.2%	20.8%	20.6%	91.4%	-63.9%	759.2%	118.3%	25.1%	16.4%	-70.5%	-2030.8%	-84.1%	-
EPS in Rs	15.29	13.37	13.91	11.49	9.56	4.91	13.74	1.57	-8.9	-11.78	-14.1	-8.31	0.35	2.59
Dividend Payout %	25	22	20	22	21	0	0	0	0	0	0	0	0	6

Cash Flows

	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Cash from Operating Activity	655	422	444	252	159	214	212	974	914	686	856	729	1144	429
Cash from Investing Activity	-367	-219	-285	-155	57	-34	2942	-3	-35	-29	-385	-563	-1050	-810
Cash from Financing Activity	-321	-91	-159	-101	-161	-177	-3105	-973	-872	-663	-491	-266	18	243
Net Cash Flow	-33	111	0	-4	55	2	50	-2	7	-5	-20	-100	113	-138

Balance Sheet

	Mar 2026	Sep 2025	Mar 2025	Sep 2024	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015	Mar 2014	Mar 2013
Equity Capital	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31	31
Reserves	3271	2934	2721	2544	2349	2000	1663	1373	1197	751	697	914	1323	1728	1972	1905
Borrowings	229	264	417	459	364	417	411	530	620	3565	4073	4364	4472	3993	3732	3193
Other Liabilities	681	624	563	627	570	627	625	649	696	2645	2646	2423	2111	2556	2914	2718
Total Liabilities	4212	3854	3731	3660	3313	3075	2730	2582	2544	6992	7445	7731	7936	8307	8649	7846
Fixed Assets	1625	1461	1406	1291	1153	952	913	932	956	935	4862	5031	5302	5477	5500	3641
CWIP	89	177	118	151	166	139	38	45	33	13	113	121	147	132	373	1294
Investments	79	70	68	59	56	66	56	48	44	42	39	37	46	0	0	0
Other Assets	2419	2146	2140	2160	1938	1917	1722	1557	1511	6001	2432	2542	2441	2698	2775	2911
Total Assets	4212	3854	3731	3660	3313	3075	2730	2582	2544	6992	7445	7731	7936	8307	8649	7846

Delivery

#	Date	455 16% 528	Value (Cr)	Q/T 36	Del 46	Del 39
1	22-Jul	497	11	20	49	5
2	21-Jul	500	11	25	52	5
3	20-Jul	508	20	34	65	13
4	17-Jul	495	14	21	55	7
5	16-Jul	500	19	17	58	11
6	15-Jul	497	7	20	55	4
7	14-Jul	497	31	39	63	20
8	13-Jul	510	16	29	67	11
9	10-Jul	510	18	26	67	12
10	9-Jul	502	12	23	46	6
11	8-Jul	490	14	23	48	7
12	7-Jul	507	19	28	46	9
13	6-Jul	515	33	35	56	19
14	3-Jul	514	46	41	46	21
15	2-Jul	502	21	26	58	12
16	1-Jul	493	21	16	52	11
17	30-Jun	497	62	34	51	31
18	29-Jun	484	47	29	45	21
19	25-Jun	473	28	33	58	16
20	24-Jun	466	13	19	48	6
21	23-Jun	471	22	34	56	12
22	22-Jun	481	21	30	50	11
23	19-Jun	476	108	56	63	68
24	18-Jun	491	9	21	45	4
25	17-Jun	495	9	17	43	4
26	16-Jun	499	13	24	55	7
27	15-Jun	495	20	26	49	10
28	12-Jun	486	9	21	38	4
29	11-Jun	480	11	18	45	5
30	10-Jun	481	30	30	47	14
31	9-Jun	496	17	31	43	7
32	8-Jun	494	16	27	42	7
33	5-Jun	513	28	24	51	14
34	4-Jun	520	81	43	45	36
35	3-Jun	498	28	35	45	13
36	2-Jun	492	22	30	43	9
37	1-Jun	491	30	32	49	15
38	29-May	506	55	35	50	27
39	27-May	510	294	56	25	74
40	26-May	481	25	36	55	14
41	25-May	474	19	39	49	9
42	22-May	466	13	30	45	6
43	21-May	464	11	25	46	5
44	20-May	466	21	41	65	14
45	19-May	470	11	24	36	4
46	18-May	469	20	26	46	9
47	15-May	473	20	25	51	10
48	14-May	476	33	29	51	17

Daily Market Cap

Date	Total Market Cap	Change	Chg %
23-Jul	15,176c	23c	0.15
22-Jul	15,153c	87c	0.57
21-Jul	15,240c	184c	1.22
17-Jul	15,056c	181c	1.19
16-Jul	15,237c	53c	0.35
15-Jul	15,290c	189c	1.22
14-Jul	15,479c	61c	0.39
13-Jul	15,540c	5c	0.03
10-Jul	15,536c	207c	1.35
09-Jul	15,329c	366c	2.44
08-Jul	14,963c	518c	3.35
07-Jul	15,481c	183c	1.17
06-Jul	15,664c	474c	3.12
02-Jul	15,190c	47c	0.31
30-Jun	15,143c	456c	3.10
29-Jun	14,687c	212c	1.46
26-Jun	14,475c	143c	1.00
25-Jun	14,332c	148c	1.04
24-Jun	14,184c	169c	1.18
23-Jun	14,353c	274c	1.88
22-Jun	14,628c	244c	1.69
19-Jun	14,384c	579c	3.87
18-Jun	14,963c	122c	0.81
17-Jun	15,085c	247c	1.61
16-Jun	15,332c	360c	2.40
15-Jun	14,972c	137c	0.92
12-Jun	14,835c	26c	0.17
11-Jun	14,809c	134c	0.91
10-Jun	14,675c	0	0

Stock Checklist

Price is above from 52 week high low average: 70%

Stock is trading above all short term SMAs: NO

Stock is trading above all long term SMAs: YES

Stock is Consistently Improving Long Term: NO

FII purchased in last quarter: YES

Promoters are buying the stock: NO

Mutual Fund Holdings

Held by 94 fund scheme(s) across 21 fund house(s) as of Jul26 · Total value ₹3,273 Cr · 14 increasing / 0 decreasing · View in MF Pro →

Fund House	Schemes	Weight %	Change	Value (Cr)
Tata Mutual Fund	4	17.60%	-	1132.2
quant Mutual Fund	4	7.42%	-	1031.4
ICICI Prudential Mutual Fund	12	1.01%	+0.21%	486.8
Bandhan Mutual Fund	8	0.28%	-	265.1
Mahindra Manulife Mutual Fund	2	2.27%	+0.06%	223.4
Navi Mutual Fund	12	2.11%	-	29.3
Nippon India Mutual Fund	4	0.31%	-	26.8
Motilal Oswal Mutual Fund	8	0.17%	-	26.5
ITI Mutual Fund	4	1.64%	+0.08%	18.5
SBI Mutual Fund	4	0.23%	-	13.4
HDFC Mutual Fund	6	0.20%	+0.02%	7.3
Edelweiss Mutual Fund	4	0.63%	-	7.3
Jio BlackRock Mutual Fund	1	0.41%	-	1.4
Groww Mutual Fund	4	0.23%	-	1.3
UTI Mutual Fund	4	0.30%	-	1.1
Kotak Mahindra Mutual Fund	2	0.43%	+0.02%	0.5
Axis Mutual Fund	2	0.04%	-	0.2
DSP Mutual Fund	4	0.23%	-	0.1
Angel One Mutual Fund	2	0.04%	-	0
Mirae Asset Mutual Fund	2	0.04%	-	0
Zerodha Mutual Fund	1	0.21%	-	0

Usha Martin Limited

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