Usha Martin Ltd.

BSE: USHAMART517146ISIN INE228A01035

Industrials
Iron & Steel Products
BSE 500

Share price

₹485.60+24.80 (+5.38%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹542.00
52W low: ₹378.55
Off 52W high: -10.41%
1M return: -5.07%
3M return: -6.60%
6M return: +3.76%
1Y return: +2.31%
20D avg volume: 34,269
50 DMA: ₹493.50
200 DMA: ₹466.65

Key ratios Consolidated

Market cap: ₹14,798 Cr
Current price: ₹485.60
52W high / low: ₹542.00 / ₹378.55
Face value: ₹1.00
P/E: 29.16
P/B: 4.49
EPS (TTM): ₹16.65
Book value / share: ₹108.22
ROE: —
ROCE: 18.20%
Operating margin: —
Net margin: —
Debt / equity: 0.04
Net debt: ₹-96.30 Cr
Interest cover: 32.64
Dividend yield: 0.77%
Dividend / share (TTM): ₹3.75
Payout: 22.52%
Cash conversion cycle: 127.6 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	1,033	979.26	917.05	907.56	887.19	896.08	860.54	891.17	826.37	829.03	797.09	784.70
	8.56	26.66	4.10	22.66	15.46	23.65	3.91	6.85	4.98	9.49	5.89	21.30
	1,042	1,006	921.15	930.22	902.65	919.73	864.45	898.02	831.35	838.52	802.98	806.00
	862.41	802.49	774.69	767.31	777.52	790.81	752.10	760.86	700.74	706.71	665.09	664.77
	524.65	442.66	439.20	420.51	446.91	472.57	453.30	438.42	427.21	411.47	407.30	379.10
	1.66	1.62	1.39	3.27	1.91	7.75	7.78	9.50	6.27	7.35	6.52	6.68
	122.34	121.94	114.25	111.10	113.20	116.34	110.93	121.21	125.85	109.42	106.30	104.51
	3.90	3.52	4.77	5.09	6.25	6.54	8.67	7.67	6.67	6.66	6.20	6.40
	33.52	31.24	28.81	27.66	28.69	27.76	25.57	22.79	21.74	22.53	18.85	17.99
	183.31	170.38	161.97	159.38	166.26	157.17	174.06	166.68	154.81	150.91	142.06	139.75
	179.15	203.43	146.46	162.91	125.13	128.92	112.35	137.16	130.61	131.81	137.89	141.23
	0.00	-3.52	-13.35	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	179.15	199.91	133.11	162.91	125.13	128.92	112.35	137.16	130.61	131.81	137.89	141.23
	42.08	49.25	30.09	40.21	28.82	32.21	25.36	32.10	30.86	30.02	32.08	34.95
	142.04	148.03	107.67	109.80	100.81	100.91	92.26	109.31	103.84	106.33	107.51	109.52
	4.66	5.09	3.53	4.19	3.31	3.32	3.04	3.59	3.42	3.49	3.53	3.59
Key metrics
	216.57	234.67	166.69	195.66	160.07	163.22	146.59	167.62	159.02	161.00	162.94	165.62
	21.00%	24.00%	18.20%	21.60%	18.00%	18.20%	17.00%	18.80%	19.20%	19.40%	20.40%	21.10%
	13.80%	15.10%	11.70%	12.10%	11.40%	11.30%	10.70%	12.30%	12.60%	12.80%	13.50%	14.00%
	—	5.80%	—	5.20%	—	4.40%	—	—	—	—	—	—
	16.40%	9.30%	6.60%	1.80%	7.40%	8.10%	8.00%	13.60%	—	—	—	—
	40.90%	46.70%	16.70%	0.40%	-2.90%	-5.10%	-14.20%	-0.20%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	3,837	3,691	3,474	3,225	3,268	2,688	2,097	2,154	2,470	4,768
	61.98	68.88	39.39	40.28	28.06	35.24	33.31	53.35	39.76	85.30
	3,899	3,760	3,514	3,265	3,296	2,723	2,131	2,207	2,509	4,853
	3,207	3,122	3,005	2,728	2,852	2,417	1,943	2,060	2,348	5,117
	1,827	1,749	1,792	1,624	1,799	1,528	1,153	1,150	1,590	2,188
	7.94	8.19	31.30	27.34	19.92	16.28	8.19	8.01	6.98	—
	469.63	460.49	474.33	427.63	372.83	330.23	298.01	306.06	278.91	—
	17.28	19.63	29.55	24.78	30.27	42.46	56.90	74.18	113.53	586.98
	121.23	116.40	97.86	77.00	67.48	69.75	67.87	63.62	60.86	—
	675.04	657.99	652.72	565.68	575.27	486.99	349.26	391.24	—	1,386
	691.95	637.93	509.04	537.06	443.64	306.70	187.79	147.16	161.71	-263.68
	-16.87	-16.87	0.00	0.00	11.74	31.18	0.00	0.00	0.00	0.00
	675.08	621.06	509.04	537.06	455.38	337.88	187.79	147.16	161.71	-263.68
	161.63	148.37	120.53	125.39	104.78	54.85	36.44	209.73	227.46	5.11
	507.54	466.31	406.32	424.12	350.60	291.43	151.50	421.08	49.30	-268.79
	17.47	16.12	13.37	13.92	11.51	9.56	5.06	-2.11	12.82	—
Key metrics
	813.59	757.09	636.45	638.84	553.13	450.09	312.56	284.96	336.10	323.30
	21.20%	20.50%	18.30%	19.80%	16.90%	16.70%	14.90%	13.20%	13.60%	6.80%
	13.23%	12.60%	11.70%	13.20%	10.70%	10.80%	7.20%	19.60%	2.00%	-5.60%
	—	18.20%	17.60%	—	—	—	—	—	—	—
	8.54%	6.20%	7.70%	-1.30%	21.60%	28.20%	-2.60%	-12.80%	-48.20%	—
	25.85%	14.80%	-4.20%	21.00%	20.30%	92.40%	-64.00%	754.10%	118.30%	—
	—	457.28	177.11	—	—	—	—	—	—	—
	—	1.41	1.04	—	—	—	—	—	—	—
	—	0.04	0.12	—	—	—	—	—	—	—
	—	-96.30	76.84	—	—	—	—	—	—	—
	—	127.6	130.9	—	—	—	—	—	—	—
Balance sheet
	—	4,212	3,748	—	—	—	—	—	—	—
	—	2,280	1,976	—	—	—	—	—	—	—
	—	241.84	260.72	—	—	—	—	—	—	—
	—	643.42	527.63	—	—	—	—	—	—	—
	—	957.82	984.91	—	—	—	—	—	—	—
	—	115.72	82.46	—	—	—	—	—	—	—
	—	1,480	1,265	—	—	—	—	—	—	—
	—	310.95	266.24	—	—	—	—	—	—	—
	—	695.61	694.98	—	—	—	—	—	—	—
	—	145.54	337.56	—	—	—	—	—	—	—
	—	121.41	192.16	—	—	—	—	—	—	—
	—	24.13	145.40	—	—	—	—	—	—	—
	—	3,302	2,752	—	—	—	—	—	—	—
Cash flow
	—	655.34	421.76	—	—	—	—	—	—	—
	—	-366.67	-223.24	—	—	—	—	—	—	—
	—	-321.49	-91.49	—	—	—	—	—	—	—
	—	198.06	244.65	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	642.49	639.59	581.54	550.79	540.11	544.16	565.32	547.47	514.11	515.10	531.96	498.39
	6.34	25.12	3.37	30.14	14.94	23.00	3.08	12.28	3.02	8.44	4.92	29.52
	648.83	664.71	584.91	580.93	555.05	567.16	568.40	559.75	517.13	523.54	536.88	527.91
	519.82	489.48	472.01	451.31	459.86	460.62	466.01	455.86	425.22	431.11	429.11	407.47
	341.80	303.14	288.82	272.38	296.33	303.71	307.01	307.76	271.31	263.07	282.53	257.68
	2.30	4.61	4.62	3.06	2.55	2.77	2.10	2.23	2.05	5.79	2.76	2.16
	47.92	47.05	47.11	45.33	44.83	41.21	38.19	43.16	42.79	41.52	41.31	40.05
	0.52	0.40	1.18	1.27	2.01	3.41	3.10	2.75	2.11	2.20	1.53	1.82
	15.68	15.32	14.43	13.84	13.57	12.96	12.50	11.33	10.40	10.76	7.88	7.15
	121.43	113.87	105.72	104.78	104.19	96.74	108.77	95.76	96.94	100.24	87.09	89.14
	129.01	175.23	112.90	129.62	95.19	106.54	102.39	103.89	91.91	92.43	107.77	120.44
	0.00	-3.52	-13.06	0.00	0.00	0.00	—	—	—	—	—	—
	129.01	171.71	99.84	129.62	95.19	106.54	102.39	103.89	91.91	92.43	107.77	120.44
	31.41	36.14	25.56	32.32	24.32	28.30	25.32	25.85	23.05	21.29	26.39	29.26
	97.60	128.48	74.28	79.50	70.87	78.24	77.07	78.04	68.86	71.14	81.38	91.18
	3.21	4.46	2.44	3.19	2.33	2.57	2.53	2.56	2.26	2.33	2.67	3.00
Key metrics
	145.21	187.43	115.45	144.73	110.77	122.91	117.99	117.97	104.42	105.39	117.18	129.41
	22.60%	29.30%	19.90%	26.30%	20.50%	22.60%	20.90%	21.50%	20.30%	20.50%	22.00%	26.00%
	15.20%	20.10%	12.80%	14.40%	13.10%	14.40%	13.60%	14.30%	13.40%	13.80%	15.30%	18.30%
	—	9.30%	—	7.70%	—	6.70%	—	—	—	—	—	—
	19.00%	17.50%	2.90%	0.60%	5.10%	5.60%	6.30%	9.80%	—	—	—	—
	37.70%	64.20%	-3.60%	1.90%	2.90%	10.00%	-5.30%	-14.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	2,414	2,312	2,171	2,046	2,042	1,810	1,346	1,393	1,690	4,146
	64.97	73.57	41.38	60.14	30.67	33.51	18.76	29.89	47.20	86.45
	2,479	2,386	2,212	2,106	2,072	1,844	1,364	1,423	1,738	4,233
	1,933	1,873	1,808	1,685	1,785	1,621	1,234	1,308	1,574	4,515
	1,206	1,161	1,190	1,098	1,222	1,070	766.10	740.90	1,155	1,846
	14.59	14.84	9.15	12.14	12.32	58.31	26.31	23.13	5.19	—
	187.41	184.32	165.35	163.05	138.88	126.63	117.42	127.51	113.87	—
	3.37	4.86	11.37	6.78	14.98	31.16	44.52	58.07	90.22	570.98
	59.27	57.16	47.19	32.74	26.51	31.40	30.64	27.77	28.10	273.57
	445.80	428.56	398.21	359.06	374.94	315.67	225.20	254.30	—	1,281
	546.76	512.94	404.73	420.86	287.21	222.26	130.36	114.71	164.00	-282.34
	-16.58	-16.58	0.00	—	—	31.18	—	—	—	—
	530.18	496.36	404.73	420.86	287.21	253.44	130.36	114.71	164.00	-282.34
	125.43	118.34	102.52	98.75	73.51	42.13	25.40	200.75	234.68	—
	379.86	353.13	302.21	322.11	213.70	211.31	100.52	395.40	59.00	-282.34
	13.30	12.42	9.92	10.57	7.01	6.94	3.45	-2.82	13.08	—
Key metrics
	592.82	558.38	463.29	460.38	328.70	316.00	205.52	200.55	282.32	562.21
	24.55%	24.20%	21.30%	22.50%	16.10%	17.50%	15.30%	14.40%	16.70%	13.60%
	15.73%	15.30%	13.90%	15.70%	10.50%	11.70%	7.50%	28.40%	3.50%	-6.80%
	—	26.90%	25.20%	—	—	—	—	—	—	—
	9.89%	6.50%	6.10%	0.20%	12.80%	34.50%	-3.40%	-17.60%	-59.20%	—
	24.86%	16.80%	-6.20%	50.70%	1.10%	110.20%	-74.60%	570.20%	120.90%	—
	—	295.44	178.98	—	—	—	—	—	—	—
	—	1.26	1.04	—	—	—	—	—	—	—
	—	0.00	0.08	—	—	—	—	—	—	—
	—	-47.18	-23.39	—	—	—	—	—	—	—
	—	73.8	83.9	—	—	—	—	—	—	—
Balance sheet
	—	2,179	1,980	—	—	—	—	—	—	—
	—	1,049	922.15	—	—	—	—	—	—	—
	—	47.18	146.33	—	—	—	—	—	—	—
	—	272.15	266.04	—	—	—	—	—	—	—
	—	326.13	343.99	—	—	—	—	—	—	—
	—	83.18	54.18	—	—	—	—	—	—	—
	—	789.55	701.77	—	—	—	—	—	—	—
	—	131.37	110.72	—	—	—	—	—	—	—
	—	318.78	327.33	—	—	—	—	—	—	—
	—	0.00	122.94	—	—	—	—	—	—	—
	—	0.00	51.75	—	—	—	—	—	—	—
	—	0.00	71.19	—	—	—	—	—	—	—
	—	1,789	1,531	—	—	—	—	—	—	—
Cash flow
	—	444.86	313.24	—	—	—	—	—	—	—
	—	-315.92	-106.16	—	—	—	—	—	—	—
	—	-228.09	-115.34	—	—	—	—	—	—	—
	—	149.42	134.26	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +4.23%
Sales CAGR 5Y: +11.43%
Profit CAGR 3Y: +18.23%
Profit CAGR 5Y: +28.57%
Sales YoY (TTM): +9.89%
Profit YoY (TTM): +24.86%

Consolidated

Sales CAGR 3Y: +4.14%
Sales CAGR 5Y: +11.97%
Profit CAGR 3Y: +9.97%
Profit CAGR 5Y: +25.21%
Sales YoY (TTM): +8.54%
Profit YoY (TTM): +25.85%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 40.11%

Quarter	September 2026	June 2026
Promoter %	40.11%	40.31%

Holder	Type	Holding	Previous	Change
UMIL SHARE AND STOCK BROKING SERVICES LTD	Promoter Group	13.48%	13.48%	0.00%
KENWYN OVERSEAS LIMITED	Promoter Group	8.06%	8.06%	0.00%
USHA MARTIN VENTURES LIMITED	Promoter Group	6.21%	6.21%	0.00%
NEUTRAL PUBLISHING HOUSE LIMITED	Promoter Group	4.78%	4.78%	0.00%
INDIA OPPORTUNITIES GROWTH FUND LTD - PINEWOOD STRATEGY	Public	4.74%	5.11%	-0.37%
TATA MUTUAL FUNDS	Public	4.17%	4.17%	0.00%
QUANT MUTUAL FUND - QUANT SMALL CAP FUND	Public	3.57%	—	—
BRIJ INVESTMENTS PVT LTD	Promoter Group	2.07%	2.07%	0.00%
HDFC MUTUAL FUNDS	Public	1.91%	—	—
TATA INDIAN OPPORTUNITIES FUND	Public	1.68%	1.68%	0.00%
ICICI PRUDENTIAL MUTUAL FUNDS	Public	1.58%	1.57%	+0.01%
RAJEEV JHAWAR	Promoter	1.39%	1.39%	0.00%
BANDHAN MUTUAL FUNDS	Public	1.30%	1.05%	+0.25%
3P INDIA EQUITY FUND 1	Public	1.17%	1.06%	+0.11%
PETERHOUSE INVESTMENTS LIMITED	Promoter Group	0.99%	1.18%	-0.19%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Welspun Corp Limited	63,062	2,390.60	26.60	16.70%	+13.62% TTM	+9.55% TTM	+158.46%
APL Apollo Tubes Limited	61,038	2,198.30	46.60	28.20%	+15.83% TTM	+24.90% TTM	+23.52%
Shyam Metalics and Energy Limited S	34,361	1,231.00	58.56	12.00%	+6.12% TTM	+12.47% TTM	+38.81%
Ratnamani Metals & Tubes Ltd	17,199	2,453.80	33.44	16.30%	-16.31% TTM	-8.61% TTM	+0.53%
Jindal Saw Ltd.	16,202	253.35	32.58	10.80%	-0.73% TTM	-55.61% TTM	+48.64%
Usha Martin Ltd.	14,798	485.60	29.16	18.20%	+8.54% TTM	+25.85% TTM	+2.31%
GODAWARI POWER AND ISPAT LTD.	13,845	205.65	17.14	17.90%	+8.43% TTM	+8.78% TTM	-26.21%
GALLANTT ISPAT LIMITED	12,753	528.55	31.30	18.00%	+5.52% TTM	-17.31% TTM	-5.83%
Jayaswal Neco Industries Ltd S	8,906	91.72	12.94	24.20%	+18.34% TTM	+82.81% TTM	+21.19%
Aeroflex Industries Limited	7,504	567.10	83.87	16.50%	+55.03% TTM	+87.04% TTM	+210.65%
Maharashtra Seamless Ltd.	7,450	556.00	10.11	13.00%	-12.21% TTM	-16.12% TTM	-3.03%
Sunflag Iron & Steel Co. Ltd.	7,070	392.30	34.35	3.70%	+9.35% TTM	+4.58% TTM	+48.12%
Shivalik Bimetal Controls Ltd.	6,178	1,072.50	58.24	25.00%	+27.78% TTM	+33.44% TTM	+130.55%
Technocraft Industries (India) Ltd.	6,166	2,719.40	17.69	19.30%	+12.39% TTM	+33.31% TTM	+12.14%
Man Industries (India) Ltd	5,756	767.35	28.17	16.10%	+10.75% TTM	+26.33% TTM	+94.91%
Goodluck India Limited	5,412	542.70	24.86	19.40%	+18.76% TTM	+31.22% TTM	+32.51%
SAMBHV STEEL TUBES LIMITED	4,886	165.80	25.04	17.50%	—	—	+41.23%
Bansal Wire Industries Limited	4,681	59.80	5.97	16.20%	+20.27% TTM	+2.82% TTM	-2.99%
Surya Roshni Ltd.	4,492	206.40	14.41	15.00%	+11.69% TTM	+8.34% TTM	-31.93%
Electrosteel Castings Ltd.	4,241	68.60	35.12	5.10%	-15.69% TTM	-78.91% TTM	-23.36%
Venus Pipes & Tubes Limited S	3,813	1,840.60	40.76	22.80%	+21.73% TTM	+15.01% TTM	+45.10%
Kalyani Steels Ltd	3,774	864.65	13.40	16.20%	-1.11% TTM	+8.01% TTM	+1.58%
Kirloskar Industries Ltd	3,479	3,308.30	10.24	—	+3.82% TTM	-0.15% TTM	-12.15%
Vardhman Special Steels Ltd S	3,454	356.90	21.41	13.50%	+14.75% TTM	+68.58% TTM	+20.94%
Ratnaveer Precision Engineering Limited S	3,192	380.35	41.84	13.30%	+21.02% TTM	+45.53% TTM	—

Filings & corporate actions

Recent announcements

Disclosure of ESG Rating assigned voluntarily by Niche Ninety Nine Capability and Certifications (OPC) Private Limited.1 Nov 2026 · Company Update / General
Completion of Slump Sale of the Business Undertaking of U M Cables Limited ("Wholly Owned Subsidiary").1 Nov 2026 · Company Update / General
Disclosure of ESG Rating assigned voluntarily by NSE Sustainability Ratings and Analytics Limited.15 Oct 2026 · Company Update / General
Please find enclosed the certificates received from KFin Technologies Limited, RTA of the Company, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) ....14 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Newspaper Publication regarding "Special Window for Transfer and Dematerialization of Physical Securities".6 Oct 2026 · Company Update / Newspaper Publication
The Trading Window for dealing in securities of the Company shall remain closed for Designated Persons and their Immediate Relatives with effect from 1st October 2026 till the expiry of ....28 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
In continuation of our earlier intimation dated 24th September 2026, please find attached the disclosure with respect to Execution of Business Transfer Agreement on 25th September 2026 ....25 Sep 2026 · Company Update / General
Slump Sale of the Business Undertaking of U M Cables Limited ('Wholly Owned Subsidiary')24 Sep 2026 · Others / Outcome without intimation
Disclosure of ESG Rating assigned voluntarily by SES ESG Research Private Limited.23 Sep 2026 · Company Update / General
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed about the schedule of Analyst/Institutional ....23 Sep 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Peterhouse Investments Ltd23 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nidhi Rajgarhia19 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Company has scheduled a physical ....16 Sep 2026 · Company Update / Analyst / Investor Meet
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Peterhouse Investments Ltd16 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Peterhouse Investments Ltd11 Sep 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
Pursuant to the provisions of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please be informed that the Company has scheduled a physical ....3 Sep 2026 · Company Update / Analyst / Investor Meet
Disclosure of ESG Rating & Core ESG Rating assigned voluntarily by Crisil ESG Ratings & Analytics Ltd.21 Aug 2026 · Company Update / General
Please find enclosed the Voting Results and Consolidated Scrutinizer''s Report for the 40th AGM of the Company.20 Aug 2026 · AGM/EGM / AGM
Please find attached the Summary of the Proceedings of the 40th Annual General Meeting of the Company held on 20th August 2026.20 Aug 2026 · AGM/EGM / AGM
Please find enclosed the Transcript of the Earnings Conference Call Q1 FY27 held on 28th July 2026 at 10:30 AM (IST).3 Aug 2026 · Company Update / Earnings Call Transcript
In continuation to our letter dated 23rd July 2026 and pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we would like to inform that the audio recording of the Earnings Conference ....28 Jul 2026 · Company Update / Analyst / Investor Meet
Please find enclosed the newspaper advertisement published on Tuesday, 28th July 2026, with respect to the unaudited financial results (standalone and consolidated) for the quarter ended ....28 Jul 2026 · Company Update / Newspaper Publication
Please find enclosed the newspaper advertisement published on Tuesday, 28th July 2026, with respect to the "Notice of 40th AGM and e-voting Information."28 Jul 2026 · Company Update / Newspaper Publication
Please find enclosed the letter sent to those shareholders whose email addresses are not registered, providing the weblink of the Company''s website from where the Annual Report 2025-26 ....27 Jul 2026 · Company Update / General
Dividend on equity shares as recommended by the Board of Directors for the financial year 2025-26, if approved at the 40th AGM, will be payable to those members of the Company who hold ....27 Jul 2026 · Corp Action / Date of payment of Dividend
40th Annual General Meeting of the Company scheduled on 20th August 2026 at 11:30 AM (IST).27 Jul 2026 · AGM/EGM / AGM
Please find enclosed the BRSR for the year ended 31st March 2026 along with Independent Reasonable Assurance Statement.27 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Please find enclosed the Annual Report for the Financial Year 2025-26.27 Jul 2026 · Others / Reg. 34 (1) Annual Report
Please find enclosed the Earnings Presentation - Q1 FY27 on the unaudited financial results for the quarter ended 30th June 2026.27 Jul 2026 · Company Update / Investor Presentation
Press Release issued by the Company in respect to the Unaudited Financial Results for the quarter ended 30th June 2026.27 Jul 2026 · Company Update / Press Release / Media Release
Please find attached the Outcome of Board Meeting held on 27th July 2026.27 Jul 2026 · Board Meeting / Outcome of Board Meeting
The Board of Directors of the Company at their meeting held today has approved and taken on record the Unaudited Financial Results (Standalone and Consolidated) for the quarter ended 30th June 2026.27 Jul 2026 · Result / Financial Results
Please find enclosed the Intimation regarding upgrading of Credit Rating with respect to Long Term Credit Facilities and reaffirmation of Credit Rating with respect to Short Term Credit ....23 Jul 2026 · Company Update / Credit Rating
Please find enclosed herewith the details of Q1 FY27 Earnings Conference Call scheduled to be held on Tuesday, 28th July 2026 at 10:30 AM IST.23 Jul 2026 · Company Update / Analyst / Investor Meet
Usha Martin Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/07/2026 ,inter alia, to consider and approve Unaudited Financial Results (Standalone ....20 Jul 2026 · Board Meeting / Board Meeting
Pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations, 2015, please find enclosed the copies of newspaper advertisement published on Thursday, 16th July 2026, with respect to the ....16 Jul 2026 · Company Update / Newspaper Publication
Intimation of Record Date with respect to payment of Dividend for the financial year ended 31st March 2026, if approved at the AGM.15 Jul 2026 · Corp. Action / Record Date
This is to inform that the 40th Annual General Meeting of the Company will be held on 20th August 2026 at 11:30 A.M. (IST).15 Jul 2026 · AGM/EGM / AGM
Please find enclosed the Intimation sent to shareholders holding shares in physical mode requesting updation of their KYC details.13 Jul 2026 · Company Update / General
We are enclosing herewith certificates received from KFin Technologies Limited, RTA of the Company, confirming compliance with Regulation 74(5) of the SEBI (Depositories and Participants) ....9 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 3.7500	13 Aug 2026	13 Aug 2026	—
Final Dividend - Rs. - 3.0000	31 Jul 2025	31 Jul 2025	—
Final Dividend - Rs. - 2.7500	6 Aug 2024	6 Aug 2024	—

Board meetings

27 Jul 2026 Board Meeting - Financial Results