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 projections indicate a decrease from the prior year, which may make investors hesitant. A revenue decline could harm the company's bottom line, prompting investors to be more careful, as lower earnings often signal potential issues with profitability and future performance.

Financial Ratios:

currentRatio 3.278000
forwardPE 22.290394
debtToEquity 6.922000
earningsGrowth 0.458000
revenueGrowth 0.093000
grossMargins 0.494050
operatingMargins 0.184110
trailingEps 14.330000
forwardEps 22.900000

With a current ratio of 3.278, USHAMART has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that USHAMART is in a strong position to meet its immediate financial obligations without difficulty.
USHAMART's Forward PE being in a reasonable range suggests the stock is fairly priced based on its earnings. The stock isn't overpriced, leaving room for growth, making it an attractive investment for those seeking opportunities for future value appreciation.
Usha Martin Limited's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.

Price projections:

Price projections for USHAMART
Price projections for USHAMART

The current price of USHAMART aligns with projections, showing no clear risks or opportunities. This lack of volatility suggests a stable environment for investors, who may wish to hold off on major adjustments until market conditions change.

Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


There were 5 Usha Martin Limited sales transactions, at market price of 438.6300048828125.19 transactions to buy USHAMART took place, with market price at 411.9789444772821 per share.The insider transaction data does not present a strong trend, leaving ambiguity about the company’s overall strategic or financial direction.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


The recent buy bias for USHAMART from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see USHAMART as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.