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

With Usha Martin Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 2.85500
forwardPE 14.00000
debtToEquity 15.14400
earningsGrowth -0.04900
revenueGrowth 0.08100
grossMargins 0.49627
operatingMargins 0.12478
trailingEps 13.36000
forwardEps 0.00000

USHAMART's current ratio of 2.855 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as USHAMART can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
Usha Martin Limited's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
Usha Martin Limited's low Debt-to-Equity ratio shows that the company isn't heavily reliant on debt for financing. This implies a conservative approach to leveraging, reducing financial risk and demonstrating a solid financial foundation, which can enhance investor confidence in the company's long-term stability.
USHAMART's low growth in both earnings and revenue signals a potential profit decline. This could be a sign of financial trouble, suggesting that the company's profitability might shrink in the near future.
USHAMART's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.

Price projections:

Price projections for USHAMART
Price projections for USHAMART



Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


15 separate sales of USHAMART shares were executed, with the market price hovering at 370.790000406901.11 transactions to buy Usha Martin Limited took place, with market price at 328.10908647017044 per share.The trend of more sells than buys around USHAMART's current price levels suggests possible weakness. If this pattern continues, it could lead to additional price declines, as selling pressure might increase, signaling investor concerns.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


The recent buy bias from analysts suggests USHAMART is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, USHAMART appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.