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

USHAMART's revenue projections show a decrease from last year, which tends to make investors more cautious. This could have a negative impact on the company's bottom line, as lower revenues typically suggest reduced profitability and growth potential, prompting concern among investors.

Financial Ratios:

currentRatio 2.855000
forwardPE 16.634884
debtToEquity 15.144000
earningsGrowth -0.049000
revenueGrowth 0.081000
grossMargins 0.496270
operatingMargins 0.131710
trailingEps 13.380000
forwardEps 0.000000

USHAMART's current ratio of 2.855 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.
Usha Martin Limited's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation.
Usha Martin Limited's low Debt-to-Equity ratio signals the company is not over-leveraged, meaning it has a conservative approach to debt. This reduces financial risk and indicates a stable financial foundation, providing flexibility and security, which can appeal to investors seeking lower-risk investments.
Usha Martin Limited's low growth in both earnings and revenue indicates the company's profits may decrease. This trend could signal a downturn in financial performance, suggesting that Usha Martin Limited might struggle to maintain its current profit levels.
Usha Martin Limited's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.

Price projections:

Price projections for USHAMART
Price projections for USHAMART



Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


9 transactions to sell Usha Martin Limited occurred, with market price at 377.6222195095486.Usha Martin Limited saw 11 transactions to buy shares, with a market price of 328.10908647017044.USHAMART is seeing more buys than sells at current price levels, which may indicate a positive market outlook. This trend suggests growing confidence among investors, who appear to expect favorable performance from the stock.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


USHAMART has received a favorable buy bias from analysts recently, positioning it as a solid investment opportunity. This sentiment may attract more investors, who view USHAMART as a stable option to park their money and potentially benefit from the company's continued growth and profitability.