Scan Steels Ltd vs Usha Martin Ltd Stock Comparison

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Last Updated on: Jun 03, 2026

Key Highlights

The Latest Trading Price of Scan Steels Ltd is ₹ 37.01 as of 03 Jun 15:30 . The P/E Ratio of Scan Steels Ltd changed from 9.4 on March 2023 to 9.2 on March 2025 . This represents a CAGR of -0.71% over 3 yearsThe P/E Ratio of Usha Martin Ltd changed from 6.8 on March 2021 to 25.2 on March 2025 . This represents a CAGR of 29.95% over 5 years The Market Cap of Scan Steels Ltd changed from ₹ 144.91 crore on March 2023 to ₹ 199.6 crore on March 2025 . This represents a CAGR of 11.26% over 3 yearsThe Market Cap of Usha Martin Ltd changed from ₹ 1008 crore on March 2021 to ₹ 10259 crore on March 2025 . This represents a CAGR of 59.03% over 5 years The revenue of Scan Steels Ltd for the Mar '26 is ₹ 283.18 crore as compare to the Dec '25 revenue of ₹ 191.63 crore. This represent the growth of 47.77% The revenue of Usha Martin Ltd for the Mar '26 is ₹ 1010 crore as compare to the Dec '25 revenue of ₹ 925.8 crore. This represent the growth of 9.14% The ebitda of Scan Steels Ltd for the Mar '26 is ₹ 15.2 crore as compare to the Dec '25 ebitda of ₹ 10.41 crore. This represent the growth of 46.01% The ebitda of Usha Martin Ltd for the Mar '26 is ₹ 232.04 crore as compare to the Dec '25 ebitda of ₹ 171.34 crore. This represent the growth of 35.43% The net profit of Scan Steels Ltd changed from ₹ 14.59 crore to ₹ 6.91 crore over 8 quarters. This represents a CAGR of -31.18% The net profit of Usha Martin Ltd changed from ₹ 103.84 crore to ₹ 148.03 crore over 8 quarters. This represents a CAGR of 19.40% The Dividend Payout of Scan Steels Ltd changed from 0 % on March 2021 to 0 % on March 2025 . This represents a CAGR of 0.0% over 5 yearsThe Dividend Payout of Usha Martin Ltd changed from 28.91 % on March 2022 to 30.3 % on March 2025 . This represents a CAGR of 1.18% over 4 years .

About Scan Steels Ltd

Scan Steels Limited was formerly incorporated as Mittal Securities Private Limited on January 18, 1994 as a Private Limited Company.
The Company converted in the Public Limited Company on 18 October 1994 and the name was changed to Mittal Securities Finance Limited. On November 7, 2007, it changed to Clarus Finance & Securities Limited and to Clarus Infrastructure Realties Limited on March 31, 2010 and once again attained the name to 'Scan Steels Limited' with effect from 26 September, 2014. The Company is engaged in steel manufacturing business such as TMT Re-Bars, Sponge Iron, MS Billets/ Ingots and also generating power for captive consumption.
The Company has manufacturing plants in Odisha and Karnataka.
It operate a production capacity of 3,34,400 MT of TMT Plant. Initially, the Company engaged in the business of Finance Investment and Trading in Shares and Securities.

About Usha Martin Ltd

Usha Martin Limited is a leading producer of specialty 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 operate 6 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.

FAQs for the comparison of Scan Steels Ltd and Usha Martin Ltd

Which company has a larger market capitalization, Scan Steels Ltd or Usha Martin Ltd?

Market cap of Scan Steels Ltd is 224 Cr while Market cap of Usha Martin Ltd is 15,147 Cr

What are the key factors driving the stock performance of Scan Steels Ltd and Usha Martin Ltd?

The stock performance of Scan Steels Ltd and Usha Martin Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Scan Steels Ltd and Usha Martin Ltd?

As of June 3, 2026, the Scan Steels Ltd stock price is INR ₹37.01. On the other hand, Usha Martin Ltd stock price is INR ₹497.05.

How do dividend payouts of Scan Steels Ltd and Usha Martin Ltd compare?

To compare the dividend payouts of Scan Steels Ltd and Usha Martin Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.

Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.