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 expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.

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

Usha Martin Limited's current ratio of 2.855 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as Usha Martin Limited can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
USHAMART's Forward PE is well-positioned, indicating the stock price is favorable compared to its earnings. This suggests the stock is not overpriced and offers room for growth, making it an attractive option for investors looking for future value appreciation.
Usha Martin Limited's low Debt-to-Equity ratio indicates that the company isn't heavily dependent on debt financing. This lower leverage reduces financial risk and enhances stability, showing that Usha Martin Limited is well-positioned to manage its obligations without the burden of excessive debt.
USHAMART's low earnings and revenue growth suggest shrinking profits. This negative trend could indicate that the company is struggling to maintain its financial performance and may face challenges ahead.
USHAMART's negative gross and operating margins suggest that the company is experiencing losses at both the production and operational levels. This could point to inefficiencies or declining demand for its products.

Price projections:

Price projections for USHAMART
Price projections for USHAMART



Insider Transactions:

Insider Transactions for USHAMART
Insider Transactions for USHAMART


4 transactions to sell Usha Martin Limited occurred, with market price at 374.8624954223633.USHAMART had 11 buy transactions, with market price of 328.10908647017044.The list of insider transactions is inconclusive, with no evident trend emerging to suggest a notable shift in company behavior or outlook.

Recommendation changes over time:

Recommendations trend for USHAMART
Recommendations trend for USHAMART


Analysts are favoring Usha Martin Limited with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider Usha Martin Limited as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.