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

USHAMART's revenue is projected to decrease from last year, a development that could lead investors to adopt a more cautious approach. A revenue decline can negatively affect profitability, signaling challenges for the company and making it less attractive for those seeking solid financial performance.

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 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that Usha Martin Limited is financially well-prepared to meet its liabilities without difficulty.
USHAMART's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.
Usha Martin Limited's negative gross and operating margins indicate that the company is operating at a loss. This reflects an inability to cover production costs and operational expenses, which could undermine its financial stability.

Price projections:

Price projections for USHAMART
Price projections for USHAMART

The current price of USHAMART, when assessed against projections, reveals no significant risks or opportunities. This situation indicates a steady market environment, prompting investors to remain patient until more clarity emerges regarding the stock's potential.

Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


There were 5 transactions selling USHAMART stock, with prevailing market price of 438.6300048828125.Usha Martin Limited had 15 buy transactions, with market price at 374.5833292643229 per share.Usha Martin Limited's current price levels have seen more sells, possibly signaling bearish sentiment. If this trend remains unchanged, the stock could experience further declines as more investors opt to sell rather than hold their positions.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


Analysts' buy bias toward USHAMART suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, USHAMART is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.