Market closed · data as of 27 Aug 2026 · source NSE via Alphave. Open the live chart →
Manufacturer of specialty steel wire ropes, strands, and wires used in cranes, elevators, mining, oil and gas (offshore), fishing and infrastructure, with plants in India (Ranchi) and overseas units plus a global distribution network. Exited its steel-making business earlier to deleverage and now focuses on value-added wire rope solutions and services. Revenue is driven by global demand for engineered ropes in mining, ports, elevators and energy.
Among the world's largest wire rope manufacturers and the leader in the Indian market.
Usha Martin Ltd. is a constituent of NIFTY 500, NIFTY SMALLCAP 250. See where it sits on the market heatmap →
Consolidated annual figures taken from Usha Martin Ltd.'s own filed statements — not estimates, and not restated by us. The most recent period shown is FY26 (year ended 31 Mar 2026).
| Metric | FY26 | FY25 | FY24 |
|---|---|---|---|
| EPS (basic, ₹) | 15.30 | 13.37 | 13.92 |
| Book value / share (₹) | 108.23 | 90.16 | 78.06 |
| Return on equity | 14.1% | 14.8% | 17.8% |
| Return on capital employed | 16.7% | 16.4% | 19.2% |
| Operating margin | 15.9% | 14.4% | 16.2% |
| Net margin | 12.6% | 11.7% | 13.2% |
| EBITDA | ₹705 Cr | ₹597 Cr | ₹599 Cr |
| Free cash flow | ₹457 Cr | ₹177 Cr | ₹166 Cr |
| Total debt | ₹146 Cr | ₹338 Cr | ₹298 Cr |
| Debt to equity | 0.04 | 0.12 | 0.12 |
| Interest coverage | 30.0 | 16.9 | 21.1 |
| Current ratio | 3.28 | 2.84 | 2.89 |
| Shares outstanding | 30,51,00,000 | 30,52,00,000 | 30,54,00,000 |
Open the full income statement, balance sheet and cash flow for USHAMART →
As disclosed for the quarter ended 30 Jun 2026.
Institutional ownership changes quarter to quarter. See daily FII and DII flows across the market →
Companies Alphave classifies in the same sub-sector, closest by market capitalisation.