Usha Martin Ltd.
USHAMART · NSE · Basic Materials
With a 20% margin of safety, our buy-below price is ₹436.92.
Piotroski F-score 6/9 — quality of earnings & balance sheet.
Investability checklist
- ✓ROE above 15%16.2%
- ✓Low debt (D/E < 0.5)0.07x
- ✓Positive free cash flow
- ✕Revenue growth > 10%9%
- ✓Earnings growing46%
- ✓Net margin ≥ 10%12.6%
- ✓Current ratio > 1.53.28
- ✓Below our fair value
- ✕Margin of safety ≥ 20%
- ✓Above 200-day average
- ✓Above 50-day average
- –Positive 1-year return
- ✓Altman Z in safe zoneZ 11.86
- ✕Piotroski ≥ 76/9
1-year price
EOD · 2026-06-15Our scores
Key fundamentals
SWOT snapshot
Strengths
- •Lightly leveraged balance sheet.
- •Financially solid — Altman Z 11.86.
Opportunities
- •Earnings growing (46% YoY).
- •Trading in our value buy zone versus sector peers.
About Usha Martin Ltd.
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 crane, mining, elevator, oil and offshore, fishing, general engineering, aerial transportation, structural, and forestry ropes, as well as conveyor cord. It also provides spring, welding, fencing, ACSR, needle, mesh, fishhook, CHQ, spoke, and brush wires; LRPC strands c
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Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.