ALFA Finder| Revenue growth | FY26 revenue grew 6.2% YoY to ₹3,691 crore. |
|---|---|
| Margins | Targeting 20% minimum operating margin going forward. |
| Order book | Healthy visibility for next 6 months; 85% from replacement market. |
| Demand visibility | Strong visibility for H1 FY27 based on current order book. |
| Management confidence | High; citing resilience and strong demand in Europe and Americas. |
Growth
FY26 revenue up 6.2% to ₹3,691cr; Operating EBITDA grew 18% to ₹705cr. Q4 EBITDA margin reached 21.6%.
Outlook
Guidance of 10-12% volume growth and 20%+ EBITDA margins. Planned ₹300cr capex over next two years.
Risks
Middle East geopolitical conflict impacting regional volumes and supply chains; rising steel and gas input costs.
Earnings Call filed with BSE, NSE: USHAMART. Summary written with AI assistance from the document.
Usha Martin Ltd: key numbers
- Share price
- ₹493.00
- Market cap
- ₹15,024 Cr
- Revenue (annual)
- ₹3,691 Cr
- Net profit (annual)
- ₹466.0 Cr
- P/E (TTM)
- 29.6×Sector 17.1×
- Promoter holding
- 40.09%-0.19% QoQ
- FII holding
- 15.34%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Usha Martin Ltd
All →Usha Martin Board Meeting Date
Usha Martin Ltd notified a board meeting on 13 November 2026 to consider unaudited standalone and consolidated results for the quarter and half year ended 30 September 2026. The trading window stays closed for designated persons until 48 hours after results.
Usha Martin Other Announcement
Usha Martin disclosed a voluntary ESG rating of 69.57 assigned by Niche99, a SEBI-registered ESG Rating Provider, based on FY 2025-26 public data. The company did not engage the provider and the rating was not commissioned.
Usha Martin Merger & Restructuring Worth ₹77 Cr
Usha Martin completed the Rs. 77 Crore slump sale of U M Cables' optical fibre business to R R Kabel. Transfer took effect 31 October 2026.
- Value
- ₹77.00 Cr
Usha Martin Merger & Restructuring
Usha Martin reports completion of its subsidiary U M Cables' business slump sale to R R Kabel, effective 31 October 2026. No consideration amount is disclosed.
Usha Martin Other Announcement
Usha Martin Ltd filed its quarterly shareholding pattern under Regulation 31(1)(b) for the quarter ended September 30, 2026, detailing promoter and public shareholding statistics.
Usha Martin Merger & Restructuring
Usha Martin Limited executed a Business Transfer Agreement to sell the business undertaking of its subsidiary, U M Cables Limited, to R R Kabel Limited.