Usha Martin quarterly results

Q1 FY27 · Apr–Jun 2026

₹ crore	Q1 FY27	Q1 FY26	Change
Revenue	1,033	887	+16.4%
EBITDA	208	145	+43.8%
EBITDA margin	20.1%	16.3%	+3.8 pts
Profit before tax	179	125	+43.2%
Net profit	142	101	+40.9%
EPS	₹4.66	₹3.31	+40.8%

Every quarter

₹ crore except per share

Tap a line for its trend	Q1 FY27Jun 2026	Q4 FY26Mar 2026	Q3 FY26Dec 2025	Q2 FY26Sep 2025	Q1 FY26Jun 2025	Q4 FY25Mar 2025	Q3 FY25Dec 2024	Q2 FY25Sep 2024	Q1 FY25Jun 2024	Q4 FY24Mar 2024	Q3 FY24Dec 2023	Q2 FY24Sep 2023	Earlier quartersAlpha Plus

Expenses
	1,033	979	917	908	887	896	861	891	826	829	797	785	Earlier quartersEvery year the company has filed comes with Alpha Plus.
	8.6	26.7	4.1	22.7	15.5	23.7	3.9	6.9	5.0	9.5	5.9	21.3
	1,042	1,006	921	930	903	920	864	898	831	839	803	806
	525	443	439	421	447	473	453	438	427	411	407	379
	1.7	1.6	1.4	3.3	1.9	7.8	7.8	9.5	6.3	7.4	6.5	6.7
	−7.0	31.1	24.3	40.3	14.3	2.7	−28.2	−5.4	−41.8	−1.6	−22.1	10.3
	122	122	114	111	113	116	111	121	126	109	106	105
	3.9	3.5	4.8	5.1	6.3	6.5	8.7	7.7	6.7	6.7	6.2	6.4
	33.5	31.2	28.8	27.7	28.7	27.8	25.6	22.8	21.7	22.5	18.9	18.0
	183	170	162	159	166	157	174	167	155	151	142	140
	862	802	775	767	778	791	752	761	701	707	665	665
	208	212	176	173	145	140	143	161	154	152	157	144
	174	180	147	145	116	112	117	138	132	129	138	126
Profit
	179	203	146	163	125	129	112	137	131	132	138	141
	0.0	−3.5	−13.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	179	200	133	163	125	129	112	137	131	132	138	141
	41.3	31.0	28.8	30.0	28.1	22.7	23.5	31.2	30.3	26.6	33.8	35.8
	0.8	18.3	1.3	10.2	0.8	9.5	1.9	1.0	0.6	3.4	−1.7	−0.9
	42.1	49.3	30.1	40.2	28.8	32.2	25.4	32.1	30.9	30.0	32.1	35.0
	5.0	4.5	4.7	4.9	4.5	4.2	5.3	4.3	4.1	4.5	1.7	3.2
	142	148	108	110	101	101	92.3	109	104	106	108	110
	137	151	103	123	96.3	96.7	87.0	105	99.8	102	106	106
	0.0	−7.1	0.0	−17.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	−11.8	62.6	24.3	41.2	52.1	15.6	−27.2	66.0	−0.7	−22.1	35.0	−8.6
	130	211	132	151	153	116	65.0	175	103	84.2	143	101
	142	148	108	110	101	101	92.6	110	104	106	108	109
	0.1	0.2	0.1	0.1	−0.1	−0.1	−0.3	−0.4	−0.3	0.1	0.0	0.1
Per share
	₹4.66	₹4.85	₹3.53	₹3.61	₹3.31	₹3.32	₹3.04	₹3.59	₹3.42	₹3.49	₹3.53	₹3.59
	₹4.66	₹4.84	₹3.53	₹3.61	₹3.31	₹3.32	₹3.04	₹3.59	₹3.42	₹3.49	₹3.53	₹3.59
Continuing & discontinued operations
	0.0	−9.5	0.0	−17.8	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	0.0	−2.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Other comprehensive income — detail
	−11.8	62.6	24.3	41.2	52.1	15.6	—	—	—	—	—	—
	−2.5	2.2	0.8	1.1	−2.3	−2.7	1.6	0.0	−1.6	−3.6	−0.2	−2.1
	−0.7	0.5	0.2	0.3	−0.5	−0.6	—	—	—	—	—	—
	—	—	—	—	—	—	0.4	0.0	−0.4	−0.6	−0.1	−0.6
	−10.0	60.8	23.7	—	53.8	17.7	−28.4	66.0	0.6	−19.1	35.1	−7.1
	0.0	0.0	0.0	−40.4	0.0	0.0	—	—	—	—	—	—
	130	210	132	151	153	117	65.3	175	103	83.9	142	101
	0.1	0.2	0.1	0.1	−0.1	−0.1	−0.3	0.2	−0.3	0.3	0.2	−0.2
Per share — as-filed variants
	₹4.66	₹5.09	₹3.53	₹4.19	₹3.31	₹3.32	₹3.04	₹3.59	₹3.42	₹3.49	₹3.53	₹3.59
	₹4.66	₹5.08	₹3.53	₹4.19	₹3.31	₹3.32	₹3.04	₹3.59	₹3.42	₹3.49	₹3.53	₹3.59
	₹0.00	−₹0.24	₹0.00	−₹0.58	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
	₹0.00	−₹0.24	₹0.00	−₹0.58	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00	₹0.00
Derived — gross profit (revenue − materials − purchases − Δ inventories)
	514	504	452	443	424	413	428	449	435	412	405	389
	49.7%	51.5%	49.3%	48.9%	47.8%	46.1%	49.7%	50.3%	52.6%	49.7%	50.9%	49.5%
Adjusted (ex-exceptional items) — derived
	179	203	146	163	125	129	112	137	131	132	138	141
	0.0	−3.5	−13.4	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
	142	151	118	110	101	101	92.3	109	104	106	108	110
	₹4.66	₹4.94	₹3.87	₹3.61	₹3.31	₹3.32	₹3.04	₹3.59	₹3.42	₹3.49	₹3.53	₹3.59

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

USHAMART₹461.70

Usha Martin Ltd.

· Capital Goods & Defence

Annual Quarterly₹ CrorePeersTITAGARH TIMKEN ZENTEC TEGA TARIL SYRMA SHYAMMETL RRKABELMcap ₹14,086 Cr

View

In ₹ Crore except Per Share 3 Months Ending	Q2 FY24 30/09/2023	Q3 FY24 31/12/2023	Q4 FY24 31/03/2024	Q1 FY25 30/06/2024	Q2 FY25 30/09/2024	Q3 FY25 31/12/2024	Q4 FY25 31/03/2025	Q1 FY26 30/06/2025	Q2 FY26 30/09/2025	Q3 FY26 31/12/2025	Q4 FY26 31/03/2026	Q1 FY27 30/06/2026
Revenue from Operations	784.7	797.1	829.0	826.4	891.2	860.5	896.1	887.2	907.6	917.1	979.3	1,033.0
Other Income	21.3	5.9	9.5	5.0	6.9	3.9	23.7	15.5	22.7	4.1	26.7	8.6
Total Income	806.0	803.0	838.5	831.4	898.0	864.5	919.7	902.7	930.2	921.2	1,005.9	1,041.6
Expenses
+ Cost of Materials Consumed	379.1	407.3	411.5	427.2	438.4	453.3	472.6	446.9	420.5	439.2	442.7	524.7
+ Purchases of Stock-in-Trade	6.7	6.5	7.4	6.3	9.5	7.8	7.8	1.9	3.3	1.4	1.6	1.7
+ Changes in Inventories	10.3	-22.1	-1.6	-41.8	-5.4	-28.2	2.7	14.3	40.3	24.3	31.1	-7.0
+ Employee Benefit Expense	104.5	106.3	109.4	125.9	121.2	110.9	116.3	113.2	111.1	114.3	121.9	122.3
+ Finance Costs	6.4	6.2	6.7	6.7	7.7	8.7	6.5	6.3	5.1	4.8	3.5	3.9
+ Depreciation & Amortisation	18.0	18.9	22.5	21.7	22.8	25.6	27.8	28.7	27.7	28.8	31.2	33.5
+ Other Expenses	139.8	142.1	150.9	154.8	166.7	174.1	157.2	166.3	159.4	162.0	170.4	183.3
Total Expenses	664.8	665.1	706.7	700.7	760.9	752.1	790.8	777.5	767.3	774.7	802.5	862.4
EBITDA	144.3	157.1	151.5	154.0	160.8	142.7	139.6	144.6	173.0	175.9	211.5	208.0
EBIT	126.3	138.2	129.0	132.3	138.0	117.1	111.8	115.9	145.3	147.1	180.3	174.5
Profit
PBT before Exceptional Items	141.2	137.9	131.8	130.6	137.2	112.4	128.9	125.1	162.9	146.5	203.4	179.2
+ Exceptional Items	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-13.4	-3.5	0.0
Pretax Income	141.2	137.9	131.8	130.6	137.2	112.4	128.9	125.1	162.9	133.1	199.9	179.2
+ Current Tax	35.8	33.8	26.6	30.3	31.2	23.5	22.7	28.1	30.0	28.8	31.0	41.3
+ Deferred Tax	-0.9	-1.7	3.4	0.6	1.0	1.9	9.5	0.8	10.2	1.3	18.3	0.8
Tax Expense	35.0	32.1	30.0	30.9	32.1	25.4	32.2	28.8	40.2	30.1	49.3	42.1
+ Share of Associates & JVs	3.2	1.7	4.5	4.1	4.3	5.3	4.2	4.5	4.9	4.7	4.5	5.0
Net Income	109.5	107.5	106.3	103.8	109.3	92.3	100.9	100.8	109.8	107.7	148.0	142.0
+ Net Income — Continuing Ops	106.3	105.8	101.8	99.8	105.1	87.0	96.7	96.3	122.7	103.0	150.7	137.1
+ Net Income — Discontinued Ops	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-17.8	0.0	-7.1	0.0
+ Other Comprehensive Income	-8.6	35.0	-22.1	-0.7	66.0	-27.2	15.6	52.1	41.2	24.3	62.6	-11.8
Total Comprehensive Income	100.9	142.5	84.2	103.2	175.3	65.0	116.5	152.9	151.0	132.0	210.6	130.2
Net Income to Common	109.5	107.5	106.3	104.1	109.7	92.6	101.0	100.9	109.7	107.6	147.8	142.0
Minority Interest	0.1	0.0	0.1	-0.3	-0.4	-0.3	-0.1	-0.1	0.1	0.1	0.2	0.1
Per Share
Basic EPS	3.59	3.53	3.49	3.42	3.59	3.04	3.32	3.31	3.61	3.53	4.85	4.66
Diluted EPS	3.59	3.53	3.49	3.42	3.59	3.04	3.32	3.31	3.61	3.53	4.84	4.66
Continuing & Discontinued Operations
+ Discontinued Operations — before Tax	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-17.8	0.0	-9.5	0.0
+ Tax — Discontinued Operations	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-2.4	0.0
Other Comprehensive Income — detail
+ Other Comprehensive Income	—	—	—	—	—	—	15.6	52.1	41.2	24.3	62.6	-11.8
+ Items NOT to be Reclassified to P&L	-2.1	-0.2	-3.6	-1.6	0.0	1.6	-2.7	-2.3	1.1	0.8	2.2	-2.5
+ Tax on Items NOT to be Reclassified	—	—	—	—	—	—	-0.6	-0.5	0.3	0.2	0.5	-0.7
+ Tax on Items NOT to be Reclassified — alt tag	-0.6	-0.1	-0.6	-0.4	0.0	0.4	—	—	—	—	—	—
+ Items to be Reclassified to P&L	-7.1	35.1	-19.1	0.6	66.0	-28.4	17.7	53.8	—	23.7	60.8	-10.0
+ Tax on Items to be Reclassified	—	—	—	—	—	—	0.0	0.0	-40.4	0.0	0.0	0.0
Comprehensive Income — Owners of Parent	101.1	142.3	83.9	103.5	175.1	65.3	116.6	153.0	151.0	131.8	210.4	130.2
Comprehensive Income — Non-controlling Interests	-0.2	0.2	0.3	-0.3	0.2	-0.3	-0.1	-0.1	0.1	0.1	0.2	0.1
Per Share — as-filed variants
Basic EPS — Continuing Operations	3.59	3.53	3.49	3.42	3.59	3.04	3.32	3.31	4.19	3.53	5.09	4.66
Diluted EPS — Continuing Operations	3.59	3.53	3.49	3.42	3.59	3.04	3.32	3.31	4.19	3.53	5.08	4.66
Basic EPS — Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.58	0.00	-0.24	0.00
Diluted EPS — Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.58	0.00	-0.24	0.00
Derived — Gross Profit (Revenue − Materials − Purchases − Δ Inventories)
Gross Profit	388.6	405.4	411.8	434.7	448.7	427.7	413.1	424.1	443.5	452.2	503.9	513.7
Gross Margin %	49.52	50.86	49.68	52.60	50.35	49.70	46.10	47.80	48.87	49.31	51.45	49.73
Adjusted (ex-Exceptional Items) — derived
Pretax Income (Adjusted, as filed)	141.2	137.9	131.8	130.6	137.2	112.4	128.9	125.1	162.9	146.5	203.4	179.2
− Exceptional Items (reconciliation)	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	-13.4	-3.5	0.0
Net Income Adj (tax-effected)	109.5	107.5	106.3	103.8	109.3	92.3	100.9	100.8	109.8	118.0	150.7	142.0
EPS Adj	3.59	3.53	3.49	3.42	3.59	3.04	3.32	3.31	3.61	3.87	4.94	4.66
Other Filed Concepts — mapped but not yet placed in the schedule
Face Value	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Paid Up Equity Capital	30.5	30.5	30.5	30.5	30.5	30.5	30.5	30.5	30.5	30.5	30.5	30.5

As filed, sign as filed — read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown, so depth follows the filer: pre-Ind-AS, insurance and NBFC blocks stay hidden unless they were actually reported. Alternate tags for the same idea (e.g. two spellings of a deferred-tax element) are kept as separate lines rather than merged, because merging them would be a guess. Ratios, per-share figures and counts render as raw numbers, not ₹ Crore. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: Q1 FY27 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Usha Martin quarterly results

Usha Martin (NSE: USHAMART) has not yet announced the date of its Q2 FY27 results (July–September 2026); they are due by 14 November 2026 under SEBI's 45-day rule. Its latest results are for Q1 FY27 (April–June 2026). Consolidated net profit was ₹142 crore, up 40.7% from ₹101 crore in Q1 FY26 and down 3.9% from ₹148 crore in Q4 FY26. Revenue from operations was ₹1,033 crore, up 16.4% year on year and up 5.5% from the previous quarter.

Q2 FY26 results (a year earlier): 8 November 2025
Q1 FY27 results (the latest): 27 July 2026

Latest results: Q1 FY27 (Apr–Jun 2026) · consolidated

Q2 FY27 results due by: 14 November 202645 days after the quarter (SEBI)
Q1 FY27 net profit: ₹142 Cr+40.7% vs Q1 FY26−3.9% vs Q4 FY26
Q1 FY27 revenue: ₹1,033 Cr+16.4% vs Q1 FY26+5.5% vs Q4 FY26
Q1 FY27 operating margin: 16.9%+3.8 pts vs Q1 FY26−1.5 pts vs Q4 FY26
Q2 FY26 net profit (a year earlier): ₹110 CrRevenue ₹908 Cr
Q1 FY27 EPS (basic): ₹4.66

Questions

When will Usha Martin announce its Q2 FY27 results?

The date is not announced yet. Results for July–September 2026 are due by 14 November 2026 (45 days after the quarter, SEBI Regulation 33). Last year it reported Q2 FY26 on 8 November 2025.

What will Usha Martin's Q2 FY27 results be compared with?

With the same quarter a year earlier, Q2 FY26 (July–September 2025), when consolidated net profit was ₹110 crore and revenue from operations ₹908 crore. The latest quarter, Q1 FY27, had a net profit of ₹142 crore and revenue of ₹1,033 crore.

What were Usha Martin's Q1 FY27 results?

Consolidated net profit was ₹142 crore, up 40.7% from ₹101 crore in Q1 FY26 and down 3.9% from ₹148 crore in Q4 FY26. Revenue from operations was ₹1,033 crore, up 16.4% year on year and up 5.5% from the previous quarter.

How has Usha Martin's profit changed over the last four quarters?

Net profit by quarter: ₹110 crore in Q2 FY26, ₹108 crore in Q3 FY26, ₹148 crore in Q4 FY26 and ₹142 crore in Q1 FY27. That is ₹507 crore over the four quarters, up 25.4% from ₹404 crore in the four quarters before. Revenue from operations: ₹908 crore, ₹917 crore, ₹979 crore and ₹1,033 crore.

What was Usha Martin's net profit in FY26?

Consolidated net profit was ₹466 crore in FY26 (April 2025–March 2026), up 14.4% from ₹407 crore in FY25. It was ₹424 crore in FY24 and ₹350 crore in FY23: up 33.1% over three years, 10.0% a year on average.

What was Usha Martin's revenue in FY26?

Revenue from operations was ₹3,691 crore in FY26 (April 2025–March 2026), up 6.2% from ₹3,474 crore in FY25. It was ₹3,225 crore in FY24 and ₹3,268 crore in FY23: up 13.0% over three years, 4.1% a year on average.

Where do these Usha Martin figures come from?

From Usha Martin's own consolidated results filings to NSE, in ₹ crore as filed; the date from its board-meeting notices.

Consolidated figures from the company's filings to NSE. Every company's results dates this season are in the Q2 FY27 results calendar, part of Alpha Plus.