Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Steel

Usha Martin Limited, together with its subsidiaries, manufactures and sells steel wires, strands, wire ropes, and cord related accessories in India and internationally. The company offers wire ropes, including oil and offshore, crane, mining, elevator, fishing, aerial transportation, locked coil, and general engineering ropes, as well as ropes for conveyor cords and structural systems. It also manufactures a range of industrial machines, including wire drawing machines, stranding machines, wire rope closing machines, steel plant equipment, cable machines, and material handling equipment; machines for manufacturing bright bars; machines for armoring and rewinding; and copper coating lines for CO2 welding wire manufacture. In addition, the company provides pre-tensioning & post-tensioning solutions; pre-stressing solutions; anchorage accessories & equipment, hydraulic jacks, powerpacks, and grout pumps and agitators; and pre-stressing machines & accessories, as well as installation services. Further, the company offers spring steel, CO2 welding, detonator, mattress, cold heading quality, auto spoke, brush, needle, and cycle spoke wires; and LRPC strands, such as compacted, indented, and bonded and un-bonded polymer coated galvanized LRPC strands, as well as manufactures wire drawing and allied machines. Additionally, it provides optical fiber, aerial cables, micro ducts, hybrid category, FTTH/drop, aerial copper, duct copper, and jelly filled copper cables. The company was formerly known as Usha Beltron Limited and changed its name to Usha Martin Limited in May 2003. The company was founded in 1960 and is based in Kolkata, India.

Revenue projections:

Revenue projections for USHAMART
Revenue projections for USHAMART

Revenues for USHAMART are forecasted to decline from last year's levels, prompting caution among investors. When revenues fall, it can have a significant negative impact on the company's bottom line, reducing profitability and making the stock less attractive to risk-averse investors.

Financial Ratios:

currentRatio 3.27800
forwardPE 20.65939
debtToEquity 6.92200
earningsGrowth 0.45800
revenueGrowth 0.09300
grossMargins 0.49405
operatingMargins 0.18411
trailingEps 16.12000
forwardEps 22.90000

USHAMART's current ratio of 3.278 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that USHAMART is financially well-prepared to meet its liabilities without difficulty.
USHAMART's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
USHAMART's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights USHAMART's potential for increased earnings and a stronger financial performance in the upcoming year.

Price projections:

Price projections for USHAMART
Price projections for USHAMART

USHAMART's present price, in relation to its projections, shows no obvious risks or opportunities. This neutral outlook suggests stability, where investors might consider waiting for more decisive signals before making any significant moves.

Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


5 sell transactions of USHAMART were recorded, with market price hovering near 438.6300048828125.There were 17 buy transactions of USHAMART stock, with market price at 420.4735268985524 per share.The ongoing selling activity at USHAMART's current price levels suggests a potential risk of further declines. If more investors continue to sell, this trend could lead to continued downward pressure on the stock's price.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


Analysts' buy bias toward Usha Martin Limited suggests the stock is seen as a solid investment, potentially motivating investors to consider it for their portfolios. With this positive outlook, Usha Martin Limited is likely to be viewed as a secure place to allocate funds, driving further interest in the stock.