F-14/15, Orbit Mall, Civil Lines, Jaipur-302006
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F-14/15, Orbit Mall, Civil Lines, Jaipur-302006 support@thetaxheaven.comUsha Martin Limited is one of India’s leading manufacturers of wire ropes, specialty wires, and related steel products. With a strong domestic presence and a growing global footprint, the company has built a reputation for innovation, quality, and consistent financial performance. In this article, we will explore Usha Martin’s business fundamentals, shareholding pattern, and its share price targets from 2025 to 2030.
Let’s dive into the company’s performance and future outlook.
| Detail | Value |
|---|---|
| Open | ₹348.00 |
| Previous Close | ₹354.15 |
| Day’s High | ₹356.95 |
| Day’s Low | ₹341.35 |
| 52-Week High | ₹451.00 |
| 52-Week Low | ₹278.55 |
| Market Capitalization | ₹10,792 Cr |
| Beta (Volatility) | 0.96 |
| Book Value per Share | ₹55.69 |
| Face Value | ₹1 |
| Dividend Yield | 0.85% |
| All-Time High | ₹451.00 |
| All-Time Low | ₹3.60 |
Founded in 1960, Usha Martin Ltd has evolved into one of the world’s largest wire rope manufacturers, exporting to over 40 countries. The company serves industries such as mining, oil & gas, elevators, ports, and infrastructure. Usha Martin’s backward integration in steel-making and its focus on research-driven product development give it an edge in cost efficiency and quality.
Key Highlights:
Global leader in wire rope production
Strong domestic and international customer base
Focus on value-added products and specialty wires
Improving financial performance and profitability
Balanced growth strategy with emphasis on exports
| Investor Type | Holding (%) |
|---|---|
| Promoters | 42.45% |
| Retail & Others | 32.20% |
| Foreign Institutions | 14.29% |
| Mutual Funds | 10.44% |
| Other Domestic Institutions | 0.62% |
This shareholding pattern shows strong promoter confidence and significant interest from foreign and domestic institutional investors, along with robust retail participation.
| Year | Minimum Target (₹) | Maximum Target (₹) |
|---|---|---|
| 2025 | 360 | 380 |
| 2026 | 395 | 420 |
| 2027 | 440 | 465 |
| 2028 | 480 | 510 |
| 2029 | 520 | 560 |
| 2030 | 575 | 620 |
In 2025, Usha Martin is expected to show stable growth, driven by demand from infrastructure and global mining industries.
Why?
Expanding customer base in international markets
Demand recovery in construction and energy sectors
Stable financial performance
Investment Advice: Consider accumulating shares during dips for long-term growth.
By 2026, the company is likely to benefit from higher exports and better operational efficiency.
Why?
Increased contribution from value-added products
Strong demand in oil & gas sector
Growing foreign institutional interest
Investment Advice: Hold for long-term wealth creation, especially if invested below ₹360.
In 2027, Usha Martin could see steady revenue growth from its global operations.
Why?
Rising exports to Europe and Southeast Asia
Diversification into specialized wires
Consistent quarterly results
Investment Advice: Long-term investors can reinvest dividends and maintain position.
By 2028, Usha Martin may comfortably cross the ₹500 level.
Why?
Expansion in high-margin products
Increasing share of institutional holdings
Robust infrastructure push in India
Investment Advice: A good time to increase allocation for long-term portfolios.
Usha Martin may become a stronger global competitor by 2029.
Why?
Growth in overseas revenue streams
Technological advancements in wire rope manufacturing
Strong balance sheet and better margins
Investment Advice: Ideal for medium- to long-term investors.
By 2030, Usha Martin is expected to consolidate its position as a global leader.
Why?
Strong promoter support and corporate governance
Expansion into new international markets
Steady dividend yield enhancing investor confidence
Investment Advice: Excellent long-term investment pick for wealth creation.
Yes. Usha Martin has shown consistent growth and resilience over the years. With its global presence, diversified product base, and growing institutional interest, the stock looks promising for long-term investors.
Key Reasons to Invest:
Leader in wire ropes with global market share
Strong financial stability and profitability
Increasing exports and product diversification
Regular dividends supporting income investors
⚠️ Risks to Watch Out For:
Volatility in steel and raw material prices
Global demand fluctuations in mining and energy
Currency exchange risks due to export dependency
Always consult a financial advisor before making investment decisions.
Usha Martin Ltd is a fundamentally strong company with a promising growth outlook. Currently priced around ₹354.15, analysts expect the share to reach a target of up to ₹620 by 2030, backed by global demand and operational efficiency. For investors looking for a long-term portfolio addition with steady growth potential, Usha Martin can be a solid pick.
1. What is the next target of Usha Martin?
The next price target for Usha Martin is projected between ₹360 – ₹380 for 2025.
2. Is Usha Martin a good buy right now?
Yes, if you are a long-term investor, Usha Martin can be considered a good buy near current levels.
3. What will be Usha Martin’s future outlook?
The outlook remains strong due to rising exports, product diversification, and infrastructure demand.
4. What is Usha Martin’s share price target for 2030?
By 2030, the target is projected between ₹575 – ₹620.
5. Is Usha Martin good for long-term investment?
Yes, Usha Martin is considered a good long-term investment due to strong fundamentals and growth potential.
???? Disclaimer: This article is for educational purposes only. Please consult your financial advisor before making investment decisions.
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