Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining, elevator, fishing, aerial transportation, locked coil, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture. In addition, the company provides pre-tensioning & post-tensioning solutions; pre-stressing solutions; anchorage accessories & equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines & accessories, as well as installation services. Further, the company offers spring steel, CO2 welding, detonator, mattress, cold heading quality, auto spoke, brush, needle, and cycle spoke wires; and LRPC strands, such as compacted, indented, and bonded and un-bonded polymer coated galvanized LRPC strands, as well as manufactures wire drawing and allied machines. Additionally, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India.

Revenue projections:

Revenue projections for USHAMART
Revenue projections for USHAMART

Usha Martin Limited's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 3.057000
forwardPE 20.963055
debtToEquity 8.912000
earningsGrowth 0.006000
revenueGrowth 0.018000
grossMargins 0.481030
operatingMargins 0.160140
trailingEps 13.860000
forwardEps 0.000000

Usha Martin Limited's current ratio of 3.057 highlights the company's solid liquidity, indicating that it can easily service its short-term debt. Usha Martin Limited's ample cash reserves and current assets ensure that the company is well-positioned to meet its immediate financial liabilities.
USHAMART's Forward PE being in a good range suggests that its stock price is aligned well with earnings. The stock is not considered overpriced, offering room for future growth, which makes it an appealing investment opportunity with the potential for value appreciation.
Usha Martin Limited's negative gross and operating margins indicate the company is operating at a loss, unable to generate profit from its core business activities. This suggests financial strain and potential challenges in maintaining profitability.

Price projections:

Price projections for USHAMART
Price projections for USHAMART

Usha Martin Limited's present price, in relation to projections, does not offer clear risks or opportunities. This stable scenario suggests a period of consolidation, where investors might prefer to hold off on significant changes in strategy.

Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


Recent trading of USHAMART stock saw 5 sales, with market price at 438.6300048828125 per share.15 purchases of USHAMART stock were recorded, with market price of 374.5833292643229 per share.Usha Martin Limited's current price levels are experiencing more selling than buying, which may suggest further declines. If the trend persists, it could lead to a continued downward trajectory as investors lose confidence in the stock's future performance.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


A recent buy bias from analysts toward Usha Martin Limited indicates strong confidence in the stock's future performance. This could encourage investors to park their money in Usha Martin Limited, viewing it as a stable and potentially rewarding investment opportunity with promising long-term growth prospects.