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 indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.

Financial Ratios:

currentRatio 3.057000
forwardPE 20.963055
debtToEquity 8.912000
earningsGrowth 0.006000
revenueGrowth 0.018000
grossMargins 0.481030
operatingMargins 0.160140
trailingEps 13.860000
forwardEps 0.000000

USHAMART's current ratio of 3.057 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 in a reasonable range, indicating the stock is priced well relative to its earnings. The stock isn't overpriced, which leaves room for future growth, making it an attractive option for investors seeking value and long-term gains.
USHAMART's negative gross and operating margins point to losses in both production and operations. This suggests the company is facing financial challenges and may need to address cost management or improve revenue generation.

Price projections:

Price projections for USHAMART
Price projections for USHAMART

Usha Martin Limited's current price concerning projections presents no discernible risks or opportunities. This balanced situation suggests a period of stability, where investors might consider holding their positions until more information becomes available.

Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


8 USHAMART stock sales were completed, with market price of 417.6187515258789.USHAMART had 15 buy transactions, with market price of 374.5833292643229.More sells than buys at USHAMART's current price levels suggest a potential downside. If this selling trend persists, it could trigger further price declines, as increased selling often reflects investor pessimism about the stock's future prospects.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


The recent buy bias from analysts suggests USHAMART is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, USHAMART appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.