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Last Updated on: 24 May, 2025
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo

Usha Martin Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 23, 2025, 12:39 am

Market Cap 9,892 Cr.
Current Price 325
High / Low 451/279
Stock P/E24.4
Book Value 90.3
Dividend Yield0.85 %
ROCE18.8 %
ROE15.8 %
Face Value 1.00
PEG Ratio1.10

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

View Share Price Target for Usha Martin Ltd

Competitors of Usha Martin Ltd

Stock Name Market Cap Current Price High / Low Stock P/E Book Value Dividend Yield ROCE ROE Face Value
Elango Industries Ltd 4.88 Cr. 12.8 16.1/8.52 9.880.00 %5.67 %5.67 % 10.0
Ashnisha Industries Ltd 36.0 Cr. 3.56 7.04/2.87133 5.910.00 %1.84 %1.64 % 1.00
Usha Martin Ltd 9,892 Cr. 325 451/27924.4 90.30.85 %18.8 %15.8 % 1.00
Shah Alloys Ltd 110 Cr. 55.8 113/43.3 1.080.00 %5.46 %43.8 % 10.0
Mukand Ltd 1,655 Cr. 115 189/84.421.8 65.71.74 %10.1 %8.11 % 10.0
Industry Average16,074.00 Cr191.8650.0562.650.51%10.01%15.19%5.67

All Competitor Stocks of Usha Martin Ltd

Quarterly Result

MetricDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
Sales 712767759820834855814785797829826891861
Expenses 612660641705707701669640640678672730718
Operating Profit 100107117115127154146144157152154161143
OPM % 14%14%15%14%15%18%18%18%20%18%19%18%17%
Other Income 9401097137258149119
Interest 11778886667789
Depreciation 17171717171718181923222326
Profit before tax 81122103100110142129144140136135141118
Tax % 20%11%20%21%23%26%22%24%23%22%23%23%22%
Net Profit 6710982798410510111010810610410992
EPS in Rs 2.203.572.692.592.753.453.313.593.533.493.423.603.04

Last Updated: February 27, 2025, 11:26 pm

Below is a detailed analysis of the quarterly data for Usha Martin Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

  • For Sales, as of Dec 2024, the value is 861.00 Cr.. The value appears to be declining and may need further review. It has decreased from 891.00 Cr. (Sep 2024) to 861.00 Cr., marking a decrease of 30.00 Cr..
  • For Expenses, as of Dec 2024, the value is 718.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 730.00 Cr. (Sep 2024) to 718.00 Cr., marking a decrease of 12.00 Cr..
  • For Operating Profit, as of Dec 2024, the value is 143.00 Cr.. The value appears to be declining and may need further review. It has decreased from 161.00 Cr. (Sep 2024) to 143.00 Cr., marking a decrease of 18.00 Cr..
  • For OPM %, as of Dec 2024, the value is 17.00%. The value appears to be declining and may need further review. It has decreased from 18.00% (Sep 2024) to 17.00%, marking a decrease of 1.00%.
  • For Other Income, as of Dec 2024, the value is 9.00 Cr.. The value appears to be declining and may need further review. It has decreased from 11.00 Cr. (Sep 2024) to 9.00 Cr., marking a decrease of 2.00 Cr..
  • For Interest, as of Dec 2024, the value is 9.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8.00 Cr. (Sep 2024) to 9.00 Cr., marking an increase of 1.00 Cr..
  • For Depreciation, as of Dec 2024, the value is 26.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 23.00 Cr. (Sep 2024) to 26.00 Cr., marking an increase of 3.00 Cr..
  • For Profit before tax, as of Dec 2024, the value is 118.00 Cr.. The value appears to be declining and may need further review. It has decreased from 141.00 Cr. (Sep 2024) to 118.00 Cr., marking a decrease of 23.00 Cr..
  • For Tax %, as of Dec 2024, the value is 22.00%. The value appears to be improving (decreasing) as expected. It has decreased from 23.00% (Sep 2024) to 22.00%, marking a decrease of 1.00%.
  • For Net Profit, as of Dec 2024, the value is 92.00 Cr.. The value appears to be declining and may need further review. It has decreased from 109.00 Cr. (Sep 2024) to 92.00 Cr., marking a decrease of 17.00 Cr..
  • For EPS in Rs, as of Dec 2024, the value is 3.04. The value appears to be declining and may need further review. It has decreased from 3.60 (Sep 2024) to 3.04, marking a decrease of 0.56.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 4:53 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Sales 4,0744,5614,1123,8822,0662,4882,1542,0972,6883,2683,2253,474
Expenses 3,3573,8453,7713,4932,2532,5121,9221,8182,3042,7542,6272,877
Operating Profit 717717341389-188-24232279384513599597
OPM % 18%16%8%10%-9%-1%11%13%14%16%19%17%
Other Income 82-633212077175372975405357
Interest 44052254756492114745742302530
Depreciation 3334183083006061646870677798
Profit before tax 27-287-481-355-264-181630183346455550527
Tax % 50%-12%-11%1%2%-126%33%20%16%23%23%23%
Net Profit 13-251-428-358-26849421152291351424406
EPS in Rs 0.35-8.31-14.10-11.78-8.901.5713.744.919.5611.4913.9113.37
Dividend Payout % -0%-0%-0%-0%-0%-0%-0%-0%21%22%20%22%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-2030.77%-70.52%16.36%25.14%118.28%759.18%-63.90%91.45%20.62%20.80%-4.25%
Change in YoY Net Profit Growth (%)0.00%1960.25%86.87%8.78%93.14%640.90%-823.08%155.34%-70.83%0.18%-25.04%

Usha Martin Ltd 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:-3%
5 Years:10%
3 Years:9%
TTM:8%
Compounded Profit Growth
10 Years:16%
5 Years:0%
3 Years:15%
TTM:-4%
Stock Price CAGR
10 Years:33%
5 Years:89%
3 Years:42%
1 Year:-9%
Return on Equity
10 Years:6%
5 Years:17%
3 Years:18%
Last Year:16%

Last Updated: Unknown

Balance Sheet

Last Updated: May 13, 2025, 2:29 pm

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Equity Capital 313131313131313131313131
Reserves 1,9721,7281,3239146977511,1971,3731,6632,0002,3492,721
Borrowings 3,7323,9934,4724,3644,0733,565620530411417364417
Other Liabilities 2,9142,5562,1112,4232,6462,645696649625627570579
Total Liabilities 8,6498,3077,9367,7317,4456,9922,5442,5822,7303,0753,3133,748
Fixed Assets 5,5005,4775,3025,0314,8629359569329139521,1531,407
CWIP 37313214712111313334538139166117
Investments 0046373942444856665668
Other Assets 2,7752,6982,4412,5422,4326,0011,5111,5571,7221,9171,9382,156
Total Assets 8,6498,3077,9367,7317,4456,9922,5442,5822,7303,0753,3133,748

Below is a detailed analysis of the balance sheet data for Usha Martin Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

  • For Equity Capital, as of Mar 2025, the value is 31.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 31.00 Cr..
  • For Reserves, as of Mar 2025, the value is 2,721.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,349.00 Cr. (Mar 2024) to 2,721.00 Cr., marking an increase of 372.00 Cr..
  • For Borrowings, as of Mar 2025, the value is 417.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 364.00 Cr. (Mar 2024) to 417.00 Cr., marking an increase of 53.00 Cr..
  • For Other Liabilities, as of Mar 2025, the value is 579.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 570.00 Cr. (Mar 2024) to 579.00 Cr., marking an increase of 9.00 Cr..
  • For Total Liabilities, as of Mar 2025, the value is 3,748.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 3,313.00 Cr. (Mar 2024) to 3,748.00 Cr., marking an increase of 435.00 Cr..
  • For Fixed Assets, as of Mar 2025, the value is 1,407.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,153.00 Cr. (Mar 2024) to 1,407.00 Cr., marking an increase of 254.00 Cr..
  • For CWIP, as of Mar 2025, the value is 117.00 Cr.. The value appears to be declining and may need further review. It has decreased from 166.00 Cr. (Mar 2024) to 117.00 Cr., marking a decrease of 49.00 Cr..
  • For Investments, as of Mar 2025, the value is 68.00 Cr.. The value appears strong and on an upward trend. It has increased from 56.00 Cr. (Mar 2024) to 68.00 Cr., marking an increase of 12.00 Cr..
  • For Other Assets, as of Mar 2025, the value is 2,156.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,938.00 Cr. (Mar 2024) to 2,156.00 Cr., marking an increase of 218.00 Cr..
  • For Total Assets, as of Mar 2025, the value is 3,748.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,313.00 Cr. (Mar 2024) to 3,748.00 Cr., marking an increase of 435.00 Cr..

Notably, the Reserves (2,721.00 Cr.) exceed the Borrowings (417.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity +1,144729856686914974212214159252444422
Cash from Investing Activity +-1,050-563-385-29-35-32,942-3457-155-285-223
Cash from Financing Activity +18-266-491-663-872-973-3,105-177-161-101-159-91
Net Cash Flow113-100-20-57-250255-4-0107

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow714.00714.00337.00385.00-192.00-27.00-388.00-251.00-27.0096.00235.00180.00

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

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days5847395564119485157565661
Inventory Days454400378241261350156183209196180199
Days Payable46542939728836256178108113726056
Cash Conversion Cycle4718207-37-92126126153180175204
Working Capital Days18-28-4-40-49-1171996122123116126
ROCE %9%9%6%1%3%-4%-1%22%13%18%21%22%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters49.79%49.26%49.04%48.70%48.30%48.27%47.87%47.51%47.41%46.04%45.11%43.54%
FIIs8.60%8.69%8.68%8.89%8.83%9.50%9.29%12.03%12.94%14.78%14.19%14.61%
DIIs0.05%0.05%0.06%0.04%0.83%2.12%3.44%3.86%3.45%3.60%4.88%7.45%
Public41.56%42.00%42.22%42.37%42.04%40.12%39.38%36.60%36.20%35.57%35.81%34.40%
No. of Shareholders65,07462,39765,58466,90166,04766,39371,45476,48281,19585,4471,00,1001,11,193

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Quant Small Cap Fund 6,919,321 1.64 257.36,919,3212025-04-22 17:25:160%
Quant Flexi Cap Fund 1,153,550 1.21 42.891,153,5502025-04-22 17:25:160%
Quant Infrastructure Fund 766,525 1.74 28.5766,5252025-04-22 17:25:160%
Nippon India Nifty Smallcap 250 Index Fund 114,831 0.41 4.27114,8312025-04-22 17:25:160%
Motilal Oswal Nifty Smallcap 250 Index Fund 70,210 0.39 2.6170,2102025-04-22 17:25:160%
SBI Nifty Smallcap 250 Index Fund 58,321 0.39 2.1758,3212025-04-22 17:25:160%
Motilal Oswal Nifty 500 Index Fund 6,959 0.04 0.266,9592025-04-22 17:25:160%
Edelweiss Nifty Smallcap 250 Index Fund 3,183 0.39 0.123,1832025-04-22 17:25:160%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue 1.001.001.001.001.00
Basic EPS (Rs.) 13.9211.519.564.9113.75
Diluted EPS (Rs.) 13.9211.519.564.9113.75
Cash EPS (Rs.) 16.0013.3111.557.0315.86
Book Value[Excl.RevalReserv]/Share (Rs.) 78.0666.6455.5846.0741.43
Book Value[Incl.RevalReserv]/Share (Rs.) 78.0666.6455.5846.0741.43
Revenue From Operations / Share (Rs.) 105.61107.0088.0268.6770.52
PBDIT / Share (Rs.) 20.9217.7313.7210.239.33
PBIT / Share (Rs.) 18.4015.5211.438.017.25
PBT / Share (Rs.) 17.5914.5311.066.154.82
Net Profit / Share (Rs.) 13.4811.109.274.8113.77
NP After MI And SOA / Share (Rs.) 13.8811.469.544.9013.71
PBDIT Margin (%) 19.8016.5615.5814.9013.23
PBIT Margin (%) 17.4214.5012.9811.6610.27
PBT Margin (%) 16.6513.5712.568.956.83
Net Profit Margin (%) 12.7610.3610.527.0019.53
NP After MI And SOA Margin (%) 13.1410.7110.837.1319.44
Return on Networth / Equity (%) 17.8117.2417.1910.6534.12
Return on Capital Employeed (%) 20.6919.9317.1313.6312.95
Return On Assets (%) 12.7311.3410.615.7416.35
Long Term Debt / Equity (X) 0.080.090.110.160.27
Total Debt / Equity (X) 0.120.170.210.300.47
Asset Turnover Ratio (%) 1.010.930.870.660.32
Current Ratio (X) 2.902.472.251.721.53
Quick Ratio (X) 1.461.211.120.890.81
Inventory Turnover Ratio (X) 1.832.102.211.761.69
Dividend Payout Ratio (NP) (%) 17.970.000.000.000.00
Dividend Payout Ratio (CP) (%) 15.200.000.000.000.00
Earning Retention Ratio (%) 82.030.000.000.000.00
Cash Earning Retention Ratio (%) 84.800.000.000.000.00
Interest Coverage Ratio (X) 25.7817.899.875.493.84
Interest Coverage Ratio (Post Tax) (X) 17.6112.196.933.660.15
Enterprise Value (Cr.) 9856.706737.014313.041318.53993.51
EV / Net Operating Revenue (X) 3.062.061.600.620.46
EV / EBITDA (X) 15.4312.4410.304.223.49
MarketCap / Net Operating Revenue (X) 3.012.001.530.480.22
Retention Ratios (%) 82.020.000.000.000.00
Price / BV (X) 4.093.222.430.720.39
Price / Net Operating Revenue (X) 3.012.001.530.480.22
EarningsYield 0.040.050.070.140.85

After reviewing the key financial ratios for Usha Martin Ltd, here is a detailed analysis based on the latest available data and recent trends:

  • For FaceValue, as of Mar 24, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 1.00.
  • For Basic EPS (Rs.), as of Mar 24, the value is 13.92. This value is within the healthy range. It has increased from 11.51 (Mar 23) to 13.92, marking an increase of 2.41.
  • For Diluted EPS (Rs.), as of Mar 24, the value is 13.92. This value is within the healthy range. It has increased from 11.51 (Mar 23) to 13.92, marking an increase of 2.41.
  • For Cash EPS (Rs.), as of Mar 24, the value is 16.00. This value is within the healthy range. It has increased from 13.31 (Mar 23) to 16.00, marking an increase of 2.69.
  • For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 78.06. It has increased from 66.64 (Mar 23) to 78.06, marking an increase of 11.42.
  • For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 78.06. It has increased from 66.64 (Mar 23) to 78.06, marking an increase of 11.42.
  • For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 105.61. It has decreased from 107.00 (Mar 23) to 105.61, marking a decrease of 1.39.
  • For PBDIT / Share (Rs.), as of Mar 24, the value is 20.92. This value is within the healthy range. It has increased from 17.73 (Mar 23) to 20.92, marking an increase of 3.19.
  • For PBIT / Share (Rs.), as of Mar 24, the value is 18.40. This value is within the healthy range. It has increased from 15.52 (Mar 23) to 18.40, marking an increase of 2.88.
  • For PBT / Share (Rs.), as of Mar 24, the value is 17.59. This value is within the healthy range. It has increased from 14.53 (Mar 23) to 17.59, marking an increase of 3.06.
  • For Net Profit / Share (Rs.), as of Mar 24, the value is 13.48. This value is within the healthy range. It has increased from 11.10 (Mar 23) to 13.48, marking an increase of 2.38.
  • For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 13.88. This value is within the healthy range. It has increased from 11.46 (Mar 23) to 13.88, marking an increase of 2.42.
  • For PBDIT Margin (%), as of Mar 24, the value is 19.80. This value is within the healthy range. It has increased from 16.56 (Mar 23) to 19.80, marking an increase of 3.24.
  • For PBIT Margin (%), as of Mar 24, the value is 17.42. This value is within the healthy range. It has increased from 14.50 (Mar 23) to 17.42, marking an increase of 2.92.
  • For PBT Margin (%), as of Mar 24, the value is 16.65. This value is within the healthy range. It has increased from 13.57 (Mar 23) to 16.65, marking an increase of 3.08.
  • For Net Profit Margin (%), as of Mar 24, the value is 12.76. This value exceeds the healthy maximum of 10. It has increased from 10.36 (Mar 23) to 12.76, marking an increase of 2.40.
  • For NP After MI And SOA Margin (%), as of Mar 24, the value is 13.14. This value is within the healthy range. It has increased from 10.71 (Mar 23) to 13.14, marking an increase of 2.43.
  • For Return on Networth / Equity (%), as of Mar 24, the value is 17.81. This value is within the healthy range. It has increased from 17.24 (Mar 23) to 17.81, marking an increase of 0.57.
  • For Return on Capital Employeed (%), as of Mar 24, the value is 20.69. This value is within the healthy range. It has increased from 19.93 (Mar 23) to 20.69, marking an increase of 0.76.
  • For Return On Assets (%), as of Mar 24, the value is 12.73. This value is within the healthy range. It has increased from 11.34 (Mar 23) to 12.73, marking an increase of 1.39.
  • For Long Term Debt / Equity (X), as of Mar 24, the value is 0.08. This value is below the healthy minimum of 0.2. It has decreased from 0.09 (Mar 23) to 0.08, marking a decrease of 0.01.
  • For Total Debt / Equity (X), as of Mar 24, the value is 0.12. This value is within the healthy range. It has decreased from 0.17 (Mar 23) to 0.12, marking a decrease of 0.05.
  • For Asset Turnover Ratio (%), as of Mar 24, the value is 1.01. It has increased from 0.93 (Mar 23) to 1.01, marking an increase of 0.08.
  • For Current Ratio (X), as of Mar 24, the value is 2.90. This value is within the healthy range. It has increased from 2.47 (Mar 23) to 2.90, marking an increase of 0.43.
  • For Quick Ratio (X), as of Mar 24, the value is 1.46. This value is within the healthy range. It has increased from 1.21 (Mar 23) to 1.46, marking an increase of 0.25.
  • For Inventory Turnover Ratio (X), as of Mar 24, the value is 1.83. This value is below the healthy minimum of 4. It has decreased from 2.10 (Mar 23) to 1.83, marking a decrease of 0.27.
  • For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 17.97. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 17.97, marking an increase of 17.97.
  • For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 15.20. This value is below the healthy minimum of 20. It has increased from 0.00 (Mar 23) to 15.20, marking an increase of 15.20.
  • For Earning Retention Ratio (%), as of Mar 24, the value is 82.03. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 82.03, marking an increase of 82.03.
  • For Cash Earning Retention Ratio (%), as of Mar 24, the value is 84.80. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 84.80, marking an increase of 84.80.
  • For Interest Coverage Ratio (X), as of Mar 24, the value is 25.78. This value is within the healthy range. It has increased from 17.89 (Mar 23) to 25.78, marking an increase of 7.89.
  • For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 17.61. This value is within the healthy range. It has increased from 12.19 (Mar 23) to 17.61, marking an increase of 5.42.
  • For Enterprise Value (Cr.), as of Mar 24, the value is 9,856.70. It has increased from 6,737.01 (Mar 23) to 9,856.70, marking an increase of 3,119.69.
  • For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.06. This value exceeds the healthy maximum of 3. It has increased from 2.06 (Mar 23) to 3.06, marking an increase of 1.00.
  • For EV / EBITDA (X), as of Mar 24, the value is 15.43. This value exceeds the healthy maximum of 15. It has increased from 12.44 (Mar 23) to 15.43, marking an increase of 2.99.
  • For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 3.01. This value exceeds the healthy maximum of 3. It has increased from 2.00 (Mar 23) to 3.01, marking an increase of 1.01.
  • For Retention Ratios (%), as of Mar 24, the value is 82.02. This value exceeds the healthy maximum of 70. It has increased from 0.00 (Mar 23) to 82.02, marking an increase of 82.02.
  • For Price / BV (X), as of Mar 24, the value is 4.09. This value exceeds the healthy maximum of 3. It has increased from 3.22 (Mar 23) to 4.09, marking an increase of 0.87.
  • For Price / Net Operating Revenue (X), as of Mar 24, the value is 3.01. This value exceeds the healthy maximum of 3. It has increased from 2.00 (Mar 23) to 3.01, marking an increase of 1.01.
  • For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.05 (Mar 23) to 0.04, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Usha Martin Ltd as of May 24, 2025 is: 280.87

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of May 24, 2025, Usha Martin Ltd is Overvalued by 13.58% compared to the current share price 325.00

Intrinsic Value of Usha Martin Ltd as of May 24, 2025 is: 343.17

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of May 24, 2025, Usha Martin Ltd is Undervalued by 5.59% compared to the current share price 325.00

Last 5 Year EPS CAGR: 22.18%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has shown consistent growth in sales (2.83 cr) and profit (95.83 cr) over the years.
  1. The stock has a low average ROCE of 9.92%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 31.83, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 77.25, which may not be favorable.
  4. The company has higher borrowings (2,246.50) compared to reserves (1,557.33), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Usha Martin Ltd:
    1. Net Profit Margin: 12.76%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 20.69% (Industry Average ROCE: 10.01%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 17.81% (Industry Average ROE: 15.19%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 17.61
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 1.46
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 24.4 (Industry average Stock P/E: 50.05)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.12
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Usha Martin Ltd. is a Public Limited Listed company incorporated on 22/05/1986 and has its registered office in the State of West Bengal, India. Company's Corporate Identification Number(CIN) is L31400WB1986PLC091621 and registration number is 091621. Currently company belongs to the Industry of Steel - Alloys/Special. Company's Total Operating Revenue is Rs. 2171.06 Cr. and Equity Capital is Rs. 30.52 Cr. for the Year ended 31/03/2025.
INDUSTRYADDRESSCONTACT
Steel - Alloys/Special2A, Shakespeare Sarani, Kolkata West Bengal 700071investor@ushamartin.co.in
http://www.ushamartin.com
Management
NamePosition Held
Mr. Vijay Singh BapnaChairman & Ind.Dire (Non-Exe)
Mr. Rajeev JhawarManaging Director
Mr. Tapas GangopadhyayNon Executive Director
Mr. V Ramakrishna IyerIndependent Director
Mr. Sethurathnam RaviIndependent Director
Mrs. Ramni NirulaIndependent Director
Mr. S B N SharmaWhole Time Director

FAQ

What is the intrinsic value of Usha Martin Ltd?

Usha Martin Ltd's intrinsic value (as of 23 May 2025) is ₹280.87 — 13.58% lower the current market price of 325.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 9,892 Cr. market cap, FY2025-2026 high/low of ₹451/279, reserves of 2,721 Cr, and liabilities of 3,748 Cr.

What is the Market Cap of Usha Martin Ltd?

The Market Cap of Usha Martin Ltd is 9,892 Cr..

What is the current Stock Price of Usha Martin Ltd as on 23 May 2025?

The current stock price of Usha Martin Ltd as on 23 May 2025 is 325.

What is the High / Low of Usha Martin Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Usha Martin Ltd stocks is ₹451/279.

What is the Stock P/E of Usha Martin Ltd?

The Stock P/E of Usha Martin Ltd is 24.4.

What is the Book Value of Usha Martin Ltd?

The Book Value of Usha Martin Ltd is 90.3.

What is the Dividend Yield of Usha Martin Ltd?

The Dividend Yield of Usha Martin Ltd is 0.85 %.

What is the ROCE of Usha Martin Ltd?

The ROCE of Usha Martin Ltd is 18.8 %.

What is the ROE of Usha Martin Ltd?

The ROE of Usha Martin Ltd is 15.8 %.

What is the Face Value of Usha Martin Ltd?

The Face Value of Usha Martin Ltd is 1.00.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Usha Martin Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE