₹ 0.8 Cr
Volume transacted
22.6 K
stocks traded
Last Updated time: 26 Jul 11:27 AM
Usha Martin Ltd
NSE: USHAMART
DPS
₹ 2.75
Last updated : FY 2024
The Dividend per Share of Usha Martin Ltd is ₹ 2.75 as of 2024 .a1#The Dividend Payout of Usha Martin Ltd changed from 28.91 % on March 2019 to 26.07 % on March 2024 . This represents a CAGR of -3.39% over 3 years. a1#The Latest Trading Price of Usha Martin Ltd is ₹ 371.85 as of 26 Jul 11:20 .a1#The Market Cap of Usha Martin Ltd changed from ₹ 1228 crore on March 2019 to ₹ 9701 crore on March 2024 . This represents a CAGR of 41.12% over 6 years. a1#The Revenue of Usha Martin Ltd changed from ₹ 768.36 crore to ₹ 843.06 crore over 8 quarters. This represents a CAGR of 4.75% a1#The EBITDA of Usha Martin Ltd changed from ₹ 127.01 crore to ₹ 165.54 crore over 8 quarters. This represents a CAGR of 14.16% a1#The Net Pr of Usha Martin Ltd changed from ₹ 82.23 crore to ₹ 106.33 crore over 8 quarters. This represents a CAGR of 13.71% a1#
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on Delivery, Intraday, Currency and NSE F&O
Market Cap
₹ 11,066 Cr
EPS
₹ 13.9
P/E Ratio (TTM) *
26.1
P/B Ratio (TTM) *
4.7
DTE *
0.2
ROE *
17.8
ROCE *
20.9
Dividend Yield *
0.87
DPS *
2.75
Dividend Payout *
26.07
Ann.Dividend % *
275
* All values are consolidated
Last Updated time: 26 Jul 11:27 AM
* All values are consolidated
Last Updated time: 26 Jul 11:27 AM
Dividend payout refers to the total dividends paid to shareholders relative to the company's earnings. It is a financial measure that determines the percentage of earnings paid out to existing shareholders as dividends. How to calculate Dividend Payout Ratio? The dividend payout ratio formula is as follows: DPR = Dividends paid / Net earnings With the dividend payout ratio, you can understand the company's priorities. It is an important metric that allows you to easily check DPR online.
Period | |
---|---|
Mar '19 | 0 |
Mar '20 | 0 |
Mar '21 | 0 |
Mar '22 | 29 |
Mar '23 | 36 |
Mar '24 | 26 |
* All values are a in %
Dividend Yield is a financial ratio that shows the annual dividend income relative to the market price of a share. It is calculated by dividing the dividend per share by the current market price per share, expressed as a percentage.
* All values are in %
Usha Martin Ltd
NSE: USHAMART
PRICE
₹ 371.85
8.70 (2.40%)
Last updated : 26 Jul 11:20
Strength
3
S
Weakness
1
W
Opportunity
0
O
Threats
1
T
Revenue
Profitability
Affordability
Liquidity
Dividend
A dividend is paid on common stock when a company has accumulated substantial profits over years, often seen as excess cash that doesn't need immediate use.
A quarterly dividend is paid to preferred stock owners, typically accumulating a fixed amount, and is earned on shares that function more like bonds.
Companies declare interim dividends before final full-year accounts are prepared, specifically in India, during the financial year from April to March of the following year.
A final dividend is issued after the year's accounts have been compiled. Aside from this, the following list highlights the most prevalent sorts of dividends:
Market Cap or market capitalisation refers to metrics that are used to measure a company's size. It is defined as the total market value of a company's outstanding shares of stock. Formula of Market Cap: Market Capital = N * P Here, N for the outstanding shares P refers to the closing price of the company's shares. Types of Companies based on Market Cap: - Small-Cap stocks: Up to 500 Crore - Mid-Cap Stocks: From Rs.500 crore up to Rs.7,000 crore - Large-Cap Stocks: From Rs.7,000 crore up to Rs.20,000 crore
Period | |
---|---|
Mar '19 | 1228 |
Mar '20 | 488 |
Mar '21 | 1009 |
Mar '22 | 4099 |
Mar '23 | 6526 |
Mar '24 | 9701 |
* All values are a in ₹crore
Revenue term means the amount of money a company earns from its primary business activities such as the sales of its products & services. Types of Revenue: 1. Operating revenue: It refers to the income generated from the core business activities, which are sales of goods or services rendered. 2. Non-Operating revenue: It is the income generated from secondary sources unrelated to the primary business. Examples include rents, dividends, interest, and royalty fees. Formula for Revenue: The formula for calculating revenue is based on two goods & services: For goods: Revenue = Avg unit price x Number of Units sold For services: Revenue = Avg unit price x Number of Customers served.
Period | |
---|---|
Jun '22 | 768 |
Sep '22 | 830 |
Dec '22 | 841 |
Mar '23 | 869 |
Jun '23 | 821 |
Sep '23 | 809 |
Dec '23 | 805 |
Mar '24 | 843 |
* All values are a in ₹crore
PBIDT stands for Profit Before Interest, Depreciation, and Taxes. It is a financial metric that measures a company's profitability before accounting for interest expenses, depreciation of assets, and taxes. Formula to calculate PBIDT: PBIDT = Net Income + Interest + Depreciation + Taxes or PBIDT = Operating Income + Depreciation + Taxes PBIDT vs EBITDA vs EBIT vs EBT: Here is a brief explanation of the differences: - PBIDT (Profit Before Interest, Depreciation, and Taxes) includes taxes in its calculation, unlike EBITDA. - EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) excludes taxes and interest, focusing on operational performance. - EBIT (Earnings Before Interest and Taxes) excludes interest and taxes, providing a measure of core operational profitability. - EBT (Earnings Before Taxes) includes all operating income but does not account for interest expenses. Conclusion: PBIDT, similar to EBITDA, is a measure of operational profitability but includes taxes in its calculation.
Period | |
---|---|
Jun '22 | 127 |
Sep '22 | 124 |
Dec '22 | 134 |
Mar '23 | 167 |
Jun '23 | 152 |
Sep '23 | 169 |
Dec '23 | 165 |
Mar '24 | 166 |
* All values are a in ₹crore
Net profit is the amount of money a company retains after accounting for all expenses, depreciation, interest, taxes, and other deductions. Net Profit formula is expressed as: Net Profit = Total Revenue - Total Expense Net Profit Margin Ratio: Net Profit Margin Ratio = Net Profit / Total Revenue
Period | |
---|---|
Jun '22 | 82 |
Sep '22 | 79 |
Dec '22 | 84 |
Mar '23 | 105 |
Jun '23 | 101 |
Sep '23 | 110 |
Dec '23 | 108 |
Mar '24 | 106 |
* All values are a in ₹crore
Usha Martin Ltd is a leading producer of speciality steel and one of the largest wire rope manufacturers globally. The Company is engaged in the business of Wire and Wire ropes - Manufacture and sale of steel wires, strands, wire ropes, cord, related accessories, wire drawing and allied machine, etc. They are having six manufacturing facilities in Ranchi, Hoshiarpur, Silvassa, Dubai, Bangkok and the United Kingdom. They are also having their overseas manufacturing operations in Thailand, United Kingdom, United States and Dubai. The company operates in three manufacturing divisions, namely steel, wire ropes and others. The steel division manufactures steel wire rods, rolled products, billets, pig iron and allied products. The wire and wire ropes division manufactures steel wires, strands, wire ropes, cord, bright bar, related accessories. The company's other division manufactures wire drawing and allied machineries, jelly filled telecommunication cables. Usha Martin Ltd was incorporated in the year 1986 as Usha Beltron Ltd. The company was jointly promoted by Usha Martin Industries Ltd and the Bihar State Electronic Development Corporation. The company manufactured Jelly Filled Telephone Cables in collaboration with AEG Kabel of Germany. In the year 1994, the company established Usha Martin Europe Ltd as a subsidiary, in joint venture with Exim Bank of India to create worldwide marketing and distribution set up for export of wire ropes. In the year 1995, the company commissioned mini blast furnace at Jamshedpur to reduce cost and improve productivity. In the year 1996, they commissioned a new state of the art Wire Rod Mill at Jamshedpur to produce higher weight coils for better productivity. Usha Martin Industries Ltd merged with company with effect from October 1, 1997. The shareholders of Usha Martin Industries Ltd were allotted one equity share of the company in respect of every three shares of Usha Martin Industries Ltd held by them. In the year 2000, the company's IT division was de-merged into a new company named as Usha Martin Infotech Ltd. The company established UM Cables Ltd as their wholly owned subsidiary to set up a green field JFTC and OFC plant at Silvassa. They commissioned 25 MW thermal power plant at Jamshedpur for captive consumption during the year. During the year, the company acquired a majority stake in Usha Siam Steel Industries Public Ltd Company, Bangkok, which is engaged in manufacture of wire ropes. Also they acquired 80% stake in Brunton Shaw Ltd, UK, from Carclo Group. In the year 2001, the company established Usha Martin Singapore (Pty) Ltd as their wholly owned subsidiary for setting up a distribution center at Singapore for wire ropes. Also, they commissioned second SMS at Jamshedpur to enhance capacity to 350000 TPA. In the year 2003, the company disposed off their Rolling Mill Division at Agra for focusing on core business. Also, Brunton Wolf Wire Ropes FZ Co Middle East Dubai, a joint venture between Usha Martin International Ltd and Gustav Wolf of West Germany commenced their commercial production with production capacity of 6,000 MT per annum. The name of Usha Beltron Ltd was changed to Usha Martin Ltd with effect from May 1, 2003. During the year 2003-04, the company acquired the balance equity share of their subsidiary company, Usha Martin International Ltd from Export Import Bank of India. Thus, Usha Martin International Ltd became a wholly owned subsidiary company. During the year 2004-05, the company commissioned DRI and WHRB power plant at their steel division in Jamshedpur. During the year 2005-06, the company commenced iron ore mining activities in State of Jharkhand. Usha Martin Holdings Ltd, a wholly owned subsidiary of the company, was merged with the company with effect from April 1, 2005. Also, the company acquired wire and wire rope division of JCT Ltd in Punjab. This division, named as Wire & Wire Rope Division (North) commenced their operations on June 1, 2005. The subsidiaries of Usha Martin International Ltd, namely Usha Martin Americas Inc, Brunton Wolf Wire Ropes FZCO and UMICOR Africa Pty Ltd became the direct subsidiaries of the company with effect from October 1, 2005. During the year 2006-07, the company made a joint venture agreement with Pengg AG of Austria and formed Pengg Usha Martin Wires Pvt Ltd for manufacturing Oil Tempered and other type of speciality wires at Ranchi. The company holds 40% stake in this venture while the balance is being held by Pengg AG, Austria. Also, they made a joint venture with CCL group of UK and formed CCL Usha Martin Stressing Systems Ltd for dealing in post tensioning in building and other civic work. The company holds 50% stake in this venture. In December 2006, the company acquired a steel rolling plant in Agra with an annual capacity of 72,000 tonnes and was renamed as Construction Steel Division. During the year 2007-08, the company purchased equity shares of Brunton Shaw Americas Inc, from Usha Martin International Ltd and thus, Brunton Shaw Americas Inc became the direct wholly owned subsidiary of the company. Also, the wire rope manufacturing plant set up by Brunton Shaw Americas Inc started their commercial production. Also, Usha Martin International Ltd, a wholly owned subsidiary of the company acquired De Ruiter Staalkabel BV, a company incorporated in Netherlands. The projects of company which is under implementation include setting up of second mini blast furnace/sinter plant, 75 MW captive power plants, third steel melt shop which consists of electric arc furnace, ladle furnace and vacuum degassing, bloom caster, 700 TPD DRI plants, railway sidings, coal mining, enrichment of mineral resources, etc. In this, coal mine, DRI plants, third SMS, 30 MW captive power plant, bloom mill and bright bar plant at Chennai are expected to get commissioned during the financial year 2008-09. In June 2008, the company signed a joint venture agreement with BHP Billiton Ltd to set up a joint venture company Bharat Minex Pvt Ltd to jointly explore for minerals in the state of Jharkhand in India. During year 2008-09, Usha Martin Vietnam Company Limited (UMVCL), a company incorporated in Vietnam, was formed as wholly owned subsidiary of Usha Martin Singapore Pte. Limited, a wholly owned subsidiary of the Company. Also, Usha Martin Power & Resources Limited (UMPRL) was formed as a wholly owned subsidiary of the Company. Brunton Shaw Americas Inc, a wholly owned subsidiary of the Company merged with Usha Martin Americas Inc, another wholly subsidiary of the Company w.e.f. 1st April, 2009. The Company started operations at coal mine during year 2009-10. Usha Martin Singapore Pte. Limited [UMSPL], a wholly owned subsidiary of the Company, constructed about 70,000 sq. ft. space to accommodate warehousing facilities which became operational in April, 2010. P. T. Usha Martin Indonesia, a Company incorporated in Indonesia, was formed as wholly owned subsidiary of UMSPL. Bharat Minex Private Limited was made a wholly owned subsidiary of the Company, after buying out 50% equity stake earlier held by joint venture partner namely BHP Minerals Holding Pty Ltd. During 2009-10, the Company issued and allotted 5,45,00,000 equity shares of Re. 1 each at a price of Rs. 85.90 per equity share aggregating to Rs. 468.15 cr to qualified institutional buyers. It installed a 30 MW power plant in Jamshedpur for captive consumption, commissioned two new DRI plants (combined capacity 0.2 lac tonnes); commissioned a new 0.6 mtpa Steel Melt Shop III (SMS III), established a blooming mill (capacity 0.275 mtpa), increasing the focus on larger and heavier steel products (upto 150 mm diameter) used by the commercial vehicles segment, commissioned balancing facilities-modernisation of coal handling units and a third internal line in Jamshedpur-to support capacity expansion, and commissioned non coking coal mine to produce B-grade coal (5700 cal) used in power and DRI plants. Major capex projects, including a new Blast Furnace and a sinter plant, was completed in FY 10-11. Sinter plant which commissioned in September, 2010 achieved 80% capacity utilization in the first full year of operation, commissioned Hot Blast Stoves in Blast Furnace 1, commissioned Bar Mill at Agra to produce speciality steel Bars in 2011-12. 30 MW CPP, Char Beneficiation, DRI-V, 100 TPD Lime Kiln, Beneficiation Plant Phase-1, EBNER annealing furnace and Fume Exhaust System of SMS-2 were major projects commissioned during the financial year 2012- 13. The Company commissioned key cost optimization projects, namely coke oven plant, ore beneficiation and pellet plant, DRI IV, 35 MW Captive power plant, etc. in 2013-14. During 2015, Gustav Wolf Specialty Cords Limited, a Joint Venture of the Company and Usha Martin Power & Resources Limited, a subsidiary of the Company were converted into wholly owned subsidiary of the Company. However, during 2015, the Hon'ble Supreme Court of India passed Order relating to deallocation of two coal mines of the Company, Kathautia and Lohari Coal blocks. of which, the Kathautia Coal Block was in operation upto March, 2015. During 2016-17, the Company divested 50% shareholding in Dove Airlines Private Limited (DAPL), and subsequently DAPL ceased to be a joint venture of the Company in August, 2016. As on 31st March 2019, the Company had a steel making capacity of nearly 1 million tons and wire ropes capacity of 259,320 MT. The Company made alloy steel long products like wire rods, bars, blooms and bright bars mostly for commercial vehicles and tractors. During 2019-20, a business transfer agreement was executed with Tata Sponge Iron Limited (TSIL) for transfer of the Steel Business Undertaking (comprising steel manufacturing facility, an operative iron ore mine, coal mine under development, captive power plants, plant & machinery of straight bar facility) of the Company by way of slump sale on going concern basis, which was completed on 9th April, 2019.
Usha Martin schedules AGM
Usha Martin announced that the 38th Annual General Meeting (AGM) of the company will be he...
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12 Jul 202414:21
Usha Martin declines after muted Q4 performance
The company stated that although both the Wire & Strand and LRPC segments witnessed declin...
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29 Apr 202409:28
Board of Usha Martin recommends final dividend
Usha Martin announced that the Board of Directors of the Company at its meeting held on 26...
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26 Apr 202420:27
Usha Martin to table results
Usha Martin will hold a meeting of the Board of Directors of the Company on 26 April 2024....
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18 Apr 202412:39
Usha Martin gains on appointing Abhijit Paul as CFO
Anirban Sanyal has resigned to explore external growth opportunities in his professional c...
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27 Mar 202413:27
Usha Martin dissolves its WoS - Usha Martin Power & Resources
Usha Martin announced the dissolution of Usha Martin Power & Resources (UMPRL). Accordingl...
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12 Mar 202409:44
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