| Revenue growth | Q2 revenue +12.4% YoY to Rs 1,000 cr |
|---|---|
| Margins | EBITDA margin 20.2%, up 70 bps YoY; mix-driven |
| Demand visibility | Healthy domestic demand; West Asia uncertainty persists |
| Management confidence | Expects stronger H2; no numeric guidance |
Growth
Q2 wire rope revenue +12.9% YoY, Wire +35.1%, LRPC -11.3%. H1 revenue Rs 2,021 cr (+14.8%), EBITDA +28.5%. Volumes flat YoY at 50k MT.
Outlook
Management expects a stronger H2 on domestic demand and specialised products. Elevator rope capacity full by Q1 FY28. H1 capex Rs 143 cr. No numeric guidance given.
Risks
West Asia geopolitical uncertainty and elevated freight costs hit volumes. Macro challenges in certain international markets. LRPC revenue declined YoY.
Investor Presentation filed with NSE, NSE: USHAMART. Summary written with AI assistance from the document.
Usha Martin Ltd: key numbers
- Share price
- ₹487.20
- Market cap
- ₹14,847 Cr
- Revenue (annual)
- ₹3,691 Cr
- Net profit (annual)
- ₹466.0 Cr
- P/E (TTM)
- 29.3×Sector 17.0×
- 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 Results Update
Usha Martin reported unaudited Q2 FY27 and half-year results, with revenue growth and improved operating margins. Investors get a press release summarising quarter and half-year performance.
Usha Martin Q2 FY27 Results: Net Profit ₹129.3 Cr, Up 17.8% YoY
Usha Martin Ltd reported revenue from operations of ₹1,000 Cr (+12.4% YoY) and net profit of ₹129.3 Cr (+17.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹129.3 Cr · +17.8% YoY
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.