Usha Martin Education & Solutions Ltd (UMESLTD): Intrinsic Value & Share Price Analysis

Q: Is Usha Martin Education & Solutions Ltd (UMESLTD) financially healthy?

Key indicators: ROCE of 2.94 % is on the lower side. Dividend yield is 0.00 %.

Fair Value

₹5.39Overvalued by 19.31%vs CMP ₹6.68

P/E (55.2) × ROE (2.2%) × BV (₹5.57) × DY (2.00%)

₹3.73Overvalued by 44.16%vs CMP ₹6.68

MoS: -79.1% (Negative)Confidence: 59/100 (Moderate)Models: 1 Under, 7 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹7.72	26%	Under (+15.6%)
Graham Number	Earnings	₹3.88	19%	Over (-41.9%)
Earnings Power	Earnings	₹0.35	12%	Over (-94.8%)
DCF	Cash Flow	₹2.82	12%	Over (-57.8%)
Net Asset Value	Assets	₹5.58	8%	Over (-16.5%)
Earnings Yield	Earnings	₹1.20	8%	Over (-82%)
ROCE Capital	Returns	₹0.61	8%	Over (-90.9%)
Revenue Multiple	Revenue	₹0.30	6%	Over (-95.5%)
Consensus (8 models)		₹3.73	100%	Overvalued

Key Drivers: EPS CAGR 43.1% lifts DCF — verify sustainability. | ROE 2.2% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: 43.1%

*Investments are subject to market risks

Analyst Summary

Usha Martin Education & Solutions Ltd (UMESLTD) operates in the Education - Coaching/Study Material/Others segment, current market price is ₹6.68, market cap is 17.6 Cr.. At a glance, stock P/E is 55.2, ROE is 2.15 %, ROCE is 2.94 %, book value is 5.57, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹3.73, around 44.2% below the current price, so expectations may already be running ahead of this modelled fair value. On operating trend, latest reported sales are about ₹1 Cr versus the prior period change of -28.8%, while latest net profit is about ₹0 Cr with a prior-period change of 106.7%. The 52-week range shown on this page is 7.14/3.51, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisUsha Martin Education & Solutions Ltd. is a Public Limited Listed company incorporated on 18/08/1997 and has its registered office in the State of West Bengal, India. Company's Corporate Identificatio…

This summary is generated from the stock page data available for Usha Martin Education & Solutions Ltd (UMESLTD): Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

Usha Martin Education & Solutions Ltd (UMESLTD) scores 61/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health54/100 · Moderate

ROCE 2.9% WeakROE 2.2% WeakD/E 0.19 Low debtInterest Coverage 0.0x RiskyProfitable 5/5 years Consistent

Smart Money50/100 · Moderate

FII holding stable No changePromoter holding at 39.8% Stable

Earnings Quality75/100 · Strong

OPM expanding (13% → 16%) ImprovingWorking capital: -688 days (improving) Efficient

Quarterly Momentum80/100 · Strong

Revenue (4Q): 5% YoY FlatProfit (4Q): +129% YoY StrongOPM: 45.0% (up 53.3% YoY) Margin expansion

Industry Rank35/100 · Weak

P/E 55.2 vs industry 150.7 Cheaper than peersROCE 2.9% vs industry 12.8% Below peersROE 2.2% vs industry 24.8% Below peers3Y sales CAGR: -13% Shrinking

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: April 2, 2026, 3:52 am

Market Cap	17.6 Cr.
Current Price	6.68
Intrinsic Value	₹3.73
High / Low	7.14/3.51
Stock P/E	55.2
Book Value	5.57
Dividend Yield	0.00 %
ROCE	2.94 %
ROE	2.15 %
Face Value	1.00
PEG Ratio	1.28

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Usha Martin Education & Solutions Ltd (UMESLTD)

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Usha Martin Education & Solutions Ltd (UMESLTD)	17.6 Cr.	6.68	7.14/3.51	55.2	5.57	0.00 %	2.94 %	2.15 %	1.00
Humming Bird Education Ltd	9.20 Cr.	15.0	102/15.0	23.6	5.06	0.00 %	41.7 %	26.9 %	1.00
Global Education Ltd	487 Cr.	95.8	112/41.6	22.8	22.7	1.57 %	35.9 %	26.7 %	2.00
Ascensive Educare Ltd	78.7 Cr.	19.3	23.0/14.1	18.5	4.37	0.00 %	20.6 %	18.7 %	1.00
NIIT Learning Systems Ltd	3,749 Cr.	273	444/260	17.0	97.4	1.10 %	28.2 %	21.5 %	2.00
Industry Average	779.29 Cr	65.57		150.73	68.79	0.57%	12.81%	24.78%	5.06

All Competitor Stocks of Usha Martin Education & Solutions Ltd (UMESLTD)

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	0.12	0.10	0.16	0.06	0.29	0.22	0.11	0.19	0.12	0.12	0.13	0.22	0.20
Expenses	0.11	0.09	0.12	0.10	0.16	0.12	0.11	0.14	0.13	0.15	0.10	0.12	0.11
Operating Profit	0.01	0.01	0.04	-0.04	0.13	0.10	0.00	0.05	-0.01	-0.03	0.03	0.10	0.09
OPM %	8.33%	10.00%	25.00%	-66.67%	44.83%	45.45%	0.00%	26.32%	-8.33%	-25.00%	23.08%	45.45%	45.00%
Other Income	0.04	0.07	0.02	0.17	0.01	0.08	0.06	0.01	0.20	0.20	0.02	0.00	0.00
Interest	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.04	0.03	0.02	0.02	0.01	0.01
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.01	0.04	0.02	0.09	0.10	0.14	0.02	0.02	0.16	0.15	0.03	0.09	0.08
Tax %	0.00%	0.00%	0.00%	0.00%	0.00%	135.71%	0.00%	0.00%	0.00%	13.33%	0.00%	0.00%	0.00%
Net Profit	0.01	0.03	0.02	0.08	0.10	-0.05	0.02	0.02	0.15	0.13	0.02	0.09	0.08
EPS in Rs	0.00	0.01	0.01	0.03	0.04	-0.02	0.01	0.01	0.06	0.05	0.01	0.03	0.03

Last Updated: March 3, 2026, 2:00 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 8:16 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	6.19	3.43	1.41	1.45	0.82	0.75	0.71	0.59	0.78	0.66	0.73	0.52	0.67
Expenses	6.14	4.61	3.70	2.27	0.79	0.62	0.59	0.51	0.68	0.57	0.50	0.52	0.48
Operating Profit	0.05	-1.18	-2.29	-0.82	0.03	0.13	0.12	0.08	0.10	0.09	0.23	-0.00	0.19
OPM %	0.81%	-34.40%	-162.41%	-56.55%	3.66%	17.33%	16.90%	13.56%	12.82%	13.64%	31.51%	-0.00%	28.36%
Other Income	0.21	0.23	-0.05	-1.39	0.26	0.20	0.12	0.13	0.12	0.15	0.27	0.46	0.22
Interest	0.15	0.22	0.30	0.38	0.36	0.20	0.15	0.17	0.16	0.16	0.16	0.12	0.06
Depreciation	0.29	0.29	0.24	0.20	0.08	0.05	0.03	0.01	-0.00	-0.00	-0.00	-0.00	0.00
Profit before tax	-0.18	-1.46	-2.88	-2.79	-0.15	0.08	0.06	0.03	0.06	0.08	0.34	0.34	0.35
Tax %	27.78%	-0.00%	0.35%	0.36%	6.67%	225.00%	16.67%	-0.00%	-0.00%	25.00%	55.88%	8.82%
Net Profit	-0.24	-1.46	-2.89	-2.79	-0.16	-0.10	0.06	0.03	0.06	0.06	0.15	0.31	0.32
EPS in Rs	-0.09	-0.55	-1.09	-1.06	-0.06	-0.04	0.02	0.01	0.02	0.02	0.06	0.12	0.12
Dividend Payout %	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%	-0.00%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	-508.33%	-97.95%	3.46%	94.27%	37.50%	160.00%	-50.00%	100.00%	0.00%	150.00%	106.67%
Change in YoY Net Profit Growth (%)	0.00%	410.39%	101.41%	90.81%	-56.77%	122.50%	-210.00%	150.00%	-100.00%	150.00%	-43.33%

Usha Martin Education & Solutions Ltd (UMESLTD) has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	-17%
5 Years:	-6%
3 Years:	-13%
TTM:	-18%

Compounded Profit Growth
10 Years:	8%
5 Years:	39%
3 Years:	73%
TTM:	113%

Stock Price CAGR
10 Years:	2%
5 Years:	36%
3 Years:	7%
1 Year:	-15%

Return on Equity
10 Years:	-2%
5 Years:	1%
3 Years:	1%
Last Year:	2%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: March 3, 2026, 12:16 am

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Sep 2025
Equity Capital	2.64	2.64	2.64	2.64	2.64	2.64	2.64	2.64	2.64	2.64	2.64	2.64	2.64
Reserves	18.68	17.22	14.33	11.53	11.37	11.27	11.33	11.36	11.42	11.48	11.64	11.95	12.07
Borrowings	1.03	1.43	2.77	2.86	2.71	2.56	2.71	2.71	2.71	2.57	1.70	0.72	0.43
Other Liabilities	2.69	2.10	1.40	2.51	2.47	2.52	1.88	1.94	1.82	1.70	0.61	0.46	0.68
Total Liabilities	25.04	23.39	21.14	19.54	19.19	18.99	18.56	18.65	18.59	18.39	16.59	15.77	15.82
Fixed Assets	2.60	2.29	2.15	1.44	1.34	1.29	1.26	1.25	1.24	1.24	0.01	0.01	0.01
CWIP	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00	-0.00
Investments	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50	15.50
Other Assets	6.94	5.60	3.49	2.60	2.35	2.20	1.80	1.90	1.85	1.65	1.08	0.26	0.31
Total Assets	25.04	23.39	21.14	19.54	19.19	18.99	18.56	18.65	18.59	18.39	16.59	15.77	15.82

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-1.10	-0.32	-0.94	-0.18	0.12	0.22	0.49	-0.02	0.20	0.12	0.82	1.15
Cash from Investing Activity +	0.06	0.03	-0.10	0.19	0.19	0.02	0.09	0.02	0.02	0.17	0.05	0.04
Cash from Financing Activity +	0.91	0.19	1.22	-0.27	-0.32	-0.25	-0.57	-0.02	-0.18	-0.30	-0.89	-1.17
Net Cash Flow	-0.13	-0.10	0.17	-0.26	0.00	0.00	0.02	-0.02	0.03	0.00	-0.01	0.02
Free Cash Flow	-0.33	-0.31	-1.24	-0.02	0.17	0.22	0.49	-0.02	0.21	0.11	0.82	1.14
CFO/OP	-1,680%	5%	34%	15%	500%	192%	417%	-62%	220%	133%	139%

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	-0.98	-2.61	-5.06	-3.68	-2.68	-2.43	-2.59	-2.63	-2.61	-2.48	-1.47	-0.72

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Debtor Days	208.15	233.05	147.55	52.86	66.77	38.93	35.99	98.98	0.00	0.00	5.00	0.00
Inventory Days
Days Payable
Cash Conversion Cycle	208.15	233.05	147.55	52.86	66.77	38.93	35.99	98.98	0.00	0.00	5.00	0.00
Working Capital Days	104.37	78.75	-357.23	-470.72	-850.18	-949.00	-899.65	-977.46	-1,104.36	-812.95	-635.00	-687.88
ROCE %	-0.55%	-5.64%	-11.60%	-4.57%	1.07%	1.69%	1.27%	1.20%	1.31%	1.49%	3.12%	2.94%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	40.74%	40.75%	40.75%	40.57%	39.83%	39.83%	39.83%	39.83%	39.83%	39.83%	39.83%	39.83%
FIIs	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%	1.74%
DIIs	2.68%	2.24%	1.76%	1.76%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%	1.28%
Public	54.85%	55.29%	55.77%	55.95%	57.18%	57.18%	57.18%	57.17%	57.17%	57.17%	57.17%	57.17%
No. of Shareholders	34,106	34,137	35,717	35,268	36,384	37,376	38,473	39,247	39,147	38,934	38,760	38,760

Shareholding Pattern Chart

No. of Shareholders

Usha Martin Education & Solutions Ltd (UMESLTD): Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	0.12	0.06	0.02	0.02	0.01
Diluted EPS (Rs.)	0.12	0.06	0.02	0.02	0.01
Cash EPS (Rs.)	0.11	0.05	0.02	0.02	0.01
Book Value[Excl.RevalReserv]/Share (Rs.)	5.53	5.41	5.35	5.32	5.30
Book Value[Incl.RevalReserv]/Share (Rs.)	5.53	5.41	5.35	5.32	5.30
Revenue From Operations / Share (Rs.)	0.19	0.27	0.24	0.29	0.22
PBDIT / Share (Rs.)	0.17	0.18	0.09	0.08	0.07
PBIT / Share (Rs.)	0.17	0.18	0.09	0.08	0.07
PBT / Share (Rs.)	0.12	0.12	0.02	0.02	0.01
Net Profit / Share (Rs.)	0.11	0.05	0.02	0.02	0.01
NP After MI And SOA / Share (Rs.)	0.11	0.05	0.02	0.02	0.01
PBDIT Margin (%)	88.91	68.40	36.58	28.77	35.57
PBIT Margin (%)	88.35	68.11	36.47	28.72	33.32
PBT Margin (%)	65.22	46.42	11.97	8.20	4.61
Net Profit Margin (%)	59.81	20.56	9.65	7.71	4.27
NP After MI And SOA Margin (%)	59.81	20.56	9.65	7.71	4.27
Return on Networth / Equity (%)	2.14	1.05	0.44	0.43	0.17
Return on Capital Employeed (%)	3.17	3.21	1.55	1.46	1.28
Return On Assets (%)	1.98	0.84	0.34	0.32	0.13
Total Debt / Equity (X)	0.04	0.11	0.18	0.19	0.19
Asset Turnover Ratio (%)	0.03	0.04	0.03	0.04	0.03
Current Ratio (X)	0.22	0.47	0.24	0.54	0.50
Quick Ratio (X)	0.22	0.47	0.24	0.54	0.50
Interest Coverage Ratio (X)	3.84	3.15	1.49	1.40	1.24
Interest Coverage Ratio (Post Tax) (X)	3.59	1.95	1.39	1.38	1.15
Enterprise Value (Cr.)	13.89	13.87	11.03	15.05	11.91
EV / Net Operating Revenue (X)	26.51	18.93	16.83	19.20	20.20
EV / EBITDA (X)	29.81	27.67	46.00	66.71	56.79
MarketCap / Net Operating Revenue (X)	25.26	16.65	12.98	15.81	15.64
Price / BV (X)	0.90	0.85	0.60	0.88	0.65
Price / Net Operating Revenue (X)	25.26	16.65	12.98	15.81	15.64
EarningsYield	0.02	0.01	0.01	0.00	0.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Usha Martin Education & Solutions Ltd. is a Public Limited Listed company incorporated on 18/08/1997 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L31300WB1997PLC085210 and registration number is 085210. Currently Company is involved in the business activities of Educational Support Services. Company's Total Operating Revenue is Rs. 0.52 Cr. and Equity Capital is Rs. 2.64 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Education - Coaching/Study Material/Others	Godrej Waterside, 12th Floor, Tower-II, Kolkata West Bengal 700091	Contact not found

Management
Name	Position Held
Mr. Prashant Jhawar	Chairman & Non-Exe.Director
Mr. Vinay Kumar Gupta	Whole Time Director
Mrs. Gangotri Guha	Non Executive Woman Director
Mr. Manoj Kumar Vijay	Ind. Non-Executive Director
Mr. Nipendra Kumar Sharma	Ind. Non-Executive Director
Mr. Anil Kumar Modi	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Usha Martin Education & Solutions Ltd (UMESLTD) and is it undervalued?

As of 23 April 2026, Usha Martin Education & Solutions Ltd (UMESLTD)'s intrinsic value is ₹3.73, which is 44.16% lower than the current market price of ₹6.68, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (2.15 %), book value (₹5.57), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Usha Martin Education & Solutions Ltd (UMESLTD)?

Usha Martin Education & Solutions Ltd (UMESLTD) is trading at ₹6.68 as of 23 April 2026, with a FY2026-2027 high of ₹7.14 and low of ₹3.51. The stock is currently near its 52-week high. Market cap stands at ₹17.6 Cr..

How does Usha Martin Education & Solutions Ltd (UMESLTD)'s P/E ratio compare to its industry?

Usha Martin Education & Solutions Ltd (UMESLTD) has a P/E ratio of 55.2, which is below the industry average of 150.73. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Usha Martin Education & Solutions Ltd (UMESLTD) financially healthy?

Key indicators for Usha Martin Education & Solutions Ltd (UMESLTD): ROCE of 2.94 % is on the lower side compared to the industry average of 12.81%; ROE of 2.15 % is below ideal levels (industry average: 24.78%). Dividend yield is 0.00 %.

Is Usha Martin Education & Solutions Ltd (UMESLTD) profitable and how is the profit trend?

Usha Martin Education & Solutions Ltd (UMESLTD) reported a net profit of ₹0 Cr in Mar 2025 on revenue of ₹1 Cr. Compared to ₹0 Cr in Mar 2022, the net profit shows an improving trend.

Does Usha Martin Education & Solutions Ltd (UMESLTD) pay dividends?

Usha Martin Education & Solutions Ltd (UMESLTD) has a dividend yield of 0.00 % at the current price of ₹6.68. The company is currently not paying meaningful dividends.