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

USHAMART'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 USHAMART is financially well-prepared to meet its liabilities without difficulty.
Usha Martin Limited's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
USHAMART's negative gross and operating margins suggest that the company is currently losing money, unable to generate profit from production or operations. This could signal inefficiencies in cost control or a drop in sales.

Price projections:

Price projections for USHAMART
Price projections for USHAMART

The current valuation of Usha Martin Limited, compared to projections, does not highlight any specific risks or opportunities. This stable scenario may lead investors to adopt a wait-and-see approach as they monitor future developments for potential shifts in the market.

Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


USHAMART experienced 5 selling transactions, with market price of 438.6300048828125.USHAMART saw 15 buying transactions, each while market price hovered at 374.5833292643229.The higher volume of sells at Usha Martin Limited's current price levels could indicate potential for further price drops. If this selling trend continues, investors might expect the stock's value to decline as more shareholders exit their positions.

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.