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- Usha Martin
Usha Martin share price
NSE: USHAMARTMetals & MiningSteel
Usha Martin at a glance
Usha Martin (NSE: USHAMART) closed at ₹475.75 on 22 Oct 2026, up 0.04% on the day. With a market capitalisation of ₹14,213 Cr, it ranks 446th by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the Metals & Mining sector; its industry is Steel.
At its last close the stock traded at 29.5× trailing earnings, against a return on equity of 14.1% in FY26. Over the past year the share price has fallen 1.9%. Its 52-week range is ₹380.00 (23 Mar 2026) to ₹542.60 (21 Sep 2026); the last close is 12.3% below the high. In Q1 FY27, the quarter ended 30 Jun 2026, revenue was ₹1,033 Cr (+16.4% year on year) and net profit ₹137 Cr (+42.3%), on a consolidated basis. Promoters held 40.28% of the company as of 30 Jun 2026.
Key numbers
- Market cap
- ₹14,213 CrRank 446 on NSE
- P/E (trailing)
- 29.5×
- Price to book
- 3.61×FY26
- EPS (TTM)
- ₹16.65to Q1 FY27
- ROE
- 14.1%FY26
- ROCE
- 18.7%FY26
- Debt to equity
- 0.04FY26
- Net profit margin
- 12.1%FY26
- Book value / share
- ₹108.22FY26
- 52-week high
- ₹542.6021 Sep 2026
- 52-week low
- ₹380.0023 Mar 2026
- 1-year return
- −1.9%
- RSI (14-day)
- 38.9
Returns to 22 Oct 2026
| Period | 1 day | 1 week | 1 month | 3 months | 1 year |
|---|---|---|---|---|---|
| Price change | +0.04% | −2.4% | −11.5% | −4.1% | −1.9% |
Usha Martin quarterly results
| Quarter | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹891 Cr | ₹861 Cr | ₹896 Cr | ₹887 Cr | ₹908 Cr | ₹917 Cr | ₹979 Cr | ₹1,033 Cr |
| Revenue YoY | +13.6% | +8.0% | +8.1% | +7.4% | +1.8% | +6.6% | +9.3% | +16.4% |
| Net profit | ₹105 Cr | ₹87 Cr | ₹97 Cr | ₹96 Cr | ₹105 Cr | ₹103 Cr | ₹144 Cr | ₹137 Cr |
| Net profit YoY | −1.1% | −17.8% | −5.0% | −3.4% | −0.2% | +18.4% | +48.5% | +42.3% |
| Net margin | 11.8% | 10.1% | 10.8% | 10.9% | 11.6% | 11.2% | 14.7% | 13.3% |
| EPS | ₹3.59 | ₹3.04 | ₹3.32 | ₹3.31 | ₹3.61 | ₹3.53 | ₹4.85 | ₹4.66 |
Usha Martin financials
| Item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Revenue | ₹2,097 Cr | ₹2,688 Cr | ₹3,268 Cr | ₹3,225 Cr | ₹3,474 Cr | — |
| Operating profit | ₹188 Cr | ₹307 Cr | ₹444 Cr | ₹537 Cr | ₹509 Cr | — |
| Net profit | ₹147 Cr | ₹283 Cr | ₹339 Cr | ₹412 Cr | ₹389 Cr | — |
| EPS (₹) | ₹5.00 | ₹10.00 | ₹12.00 | ₹14.00 | ₹13.00 | — |
| Cash from operations | ₹214 Cr | ₹159 Cr | ₹252 Cr | ₹444 Cr | ₹422 Cr | — |
| Total debt | ₹237 Cr | ₹189 Cr | ₹197 Cr | ₹200 Cr | ₹145 Cr | ₹24 Cr |
| Shareholders' equity | ₹1,404 Cr | ₹1,694 Cr | ₹2,031 Cr | ₹2,380 Cr | ₹2,752 Cr | ₹3,302 Cr |
Usha Martin shareholding pattern
| Holder | 31 Mar 2025 | 30 Jun 2025 | 30 Sep 2025 | 31 Dec 2025 | 31 Mar 2026 | 30 Jun 2026 |
|---|---|---|---|---|---|---|
| Promoters | 43.89% | 42.45% | 41.76% | 40.52% | 40.52% | 40.28% |
| Foreign institutions | 14.25% | 14.29% | 14.15% | 14.62% | 14.76% | 15.10% |
| Domestic institutions | 9.26% | 11.06% | 12.29% | 14.12% | 14.81% | 15.26% |
| Non-institutions | 32.53% | 32.14% | 31.74% | 30.64% | 29.80% | 29.25% |
Usha Martin vs peers
The listed Metals & Mining companies nearest to Usha Martin by market capitalisation.
| Company | Price | 1 day | 1 year | Market cap | P/E | ROE |
|---|---|---|---|---|---|---|
| RATNAMANIRatnamani Metals & Tubes | ₹2,411.30 | +0.47% | +3.5% | ₹16,633 Cr | 35 | 11.7% |
| SARDAENSarda Energy & Minerals | ₹462.00 | −0.05% | −14.7% | ₹16,077 Cr | 14.7 | 11.1% |
| JINDALSAWJindal Saw | ₹260.40 | −3.77% | +31.0% | ₹15,962 Cr | 17.1 | 7.7% |
| USHAMARTUsha Martin | ₹475.75 | +0.04% | −1.9% | ₹14,213 Cr | 29.5 | 14.1% |
| GMDCLTDGujarat Mineral Development Corporation | ₹442.40 | −0.03% | −24.6% | ₹13,833 Cr | 14.7 | 13.5% |
| GPILGodawari Power And Ispat | ₹200.00 | −0.54% | −18.0% | ₹13,431 Cr | 15.9 | 13.8% |
| GALLANTTGallantt Ispat | ₹568.30 | −0.96% | −12.3% | ₹13,287 Cr | 28.4 | 14.6% |
Ask anything about Usha Martin
Pivot answers on the live chart with evidence you can check, and tests strategies against USHAMART's own history. Try: “Why has USHAMART moved over the last three months?” · “Backtest a 50-day moving-average crossover on USHAMART over five years” · “Compare USHAMART with RATNAMANI on margins and valuation”
Frequently asked questions about Usha Martin
What is the share price of Usha Martin today?
Usha Martin (NSE: USHAMART) last closed at ₹475.75 on 22 Oct 2026. Its 52-week high is ₹542.60 and its 52-week low is ₹380.00.
What is the market cap of Usha Martin?
Usha Martin's market capitalisation is ₹14,213 Cr (₹14,213 Cr) at the 22 Oct 2026 close, ranking 446th among the NSE companies Pivot tracks.
What is the P/E ratio of Usha Martin?
Usha Martin trades at a trailing P/E of 29.5. The median P/E of the 6 closest Metals & Mining peers by market cap is 17.1.
What is the ROE and ROCE of Usha Martin?
Return on equity was 14.1% in FY26 and return on capital employed was 18.7% in FY26 (consolidated figures).
Is Usha Martin a debt-free company?
Usha Martin is close to debt-free: its debt-to-equity ratio was 0.04 in FY26.
What were Usha Martin's latest quarterly results?
For Q1 FY27 (quarter ended 30 Jun 2026), Usha Martin reported revenue of ₹1,033 Cr, +16.4% year on year, and net profit of ₹137 Cr, +42.3% year on year.
How has Usha Martin stock performed over the last year?
Usha Martin's share price has fallen 1.9% over the past year, −4.1% over three months and −11.5% over one month, to the 22 Oct 2026 close.
What is the shareholding pattern of Usha Martin?
As of 30 Jun 2026: promoters 40.28%, foreign institutions 15.10%, domestic institutions 15.26%, non-institutions 29.25%.
Who are Usha Martin's competitors?
The listed Metals & Mining companies closest to Usha Martin by market cap are Ratnamani Metals & Tubes, Sarda Energy & Minerals, Jindal Saw, Gujarat Mineral Development Corporation, Godawari Power And Ispat and Gallantt Ispat.
Is Usha Martin a good stock to buy?
Pivot does not give buy or sell recommendations. This page sets out Usha Martin's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on USHAMART against its own history before risking money. This is analysis, not financial advice.
Sources and method
Prices: NSE daily closes to 22 Oct 2026 (returns and ratios at the 22 Oct 2026 close). Fundamentals: company filings via Moneycontrol, consolidated where available. Shareholding: exchange shareholding-pattern filings. The 52-week range uses intraday highs and lows; the chart marks closing prices. P/E is the last close over trailing twelve-month EPS. Market-cap rank is among the 4,183 NSE companies Pivot tracks; SEBI's bands call the top 100 large-cap and the next 150 mid-cap. Figures marked “—” are not available rather than zero. This is analysis, not financial advice.
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