Financials Usha Martin Limited

Equities

USHAMART

INE228A01035

Iron & Steel

Market Closed - Bombay S.E. 06:00:52 2024-06-06 am EDT 5-day change 1st Jan Change
357.2 INR +4.90% Intraday chart for Usha Martin Limited -0.20% +20.59%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 65,260 103,765 - -
Enterprise Value (EV) 1 65,260 97,015 103,765 103,765
P/E ratio 18.6 x 22.9 x 19 x 14.5 x
Yield - 0.86% 1.17% 1.47%
Capitalization / Revenue 2 x 3.01 x 2.58 x 2.15 x
EV / Revenue 2 x 3.01 x 2.58 x 2.15 x
EV / EBITDA 12.1 x 16.2 x 13 x 9.99 x
EV / FCF - 58.4 x 34.4 x 25.4 x
FCF Yield - 1.71% 2.91% 3.94%
Price to Book - - - -
Nbr of stocks (in thousands) 304,742 304,742 - -
Reference price 2 214.2 340.5 340.5 340.5
Announcement Date 4/27/23 4/26/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2023 2024 2025 2026
Net sales 1 - 32,678 32,252 40,148 48,362
EBITDA 1 - 5,414 5,986 7,968 10,390
EBIT - - - 7,263 9,531
Operating Margin - - - 18.09% 19.71%
Earnings before Tax (EBT) - 4,436 - 7,043 9,345
Net income 2,913 3,501 - 5,450 7,172
Net margin - 10.71% - 13.57% 14.83%
EPS 2 - 11.51 13.92 17.90 23.50
Free Cash Flow 1 - - 1,662 3,020 4,084
FCF margin - - 5.15% 7.52% 8.44%
FCF Conversion (EBITDA) - - 27.77% 37.9% 39.31%
FCF Conversion (Net income) - - - 55.41% 56.94%
Dividend per Share 2 - - 2.750 4.000 5.000
Announcement Date 4/30/22 4/27/23 4/26/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q3 2023 Q4 2024 Q1 2024 Q2
Net sales 1 8,380 8,552 8,144 8,570
EBITDA 1 1,314 1,653 1,457 -
EBIT 1 - - 1,280 -
Operating Margin - - 15.72% -
Earnings before Tax (EBT) 1,068 1,402 - -
Net income 1 839.4 1,052 1,007 -
Net margin 10.02% 12.3% 12.37% -
EPS 2.760 3.460 - -
Dividend per Share - - - -
Announcement Date 2/11/23 4/27/23 8/5/23 -
1INR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2022 2023 2024 2025 2026
Net Debt - - - - -
Net Cash position - - - - -
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 - - 1,662 3,020 4,084
ROE (net income / shareholders' equity) - 18.8% - 21% 23.2%
ROA (Net income/ Total Assets) - - - - -
Assets - - - - -
Book Value Per Share - - - - -
Cash Flow per Share - - - - -
Capex 1 - - 2,776 1,773 1,530
Capex / Sales - - 8.61% 4.42% 3.16%
Announcement Date 4/30/22 4/27/23 4/26/24 - -
1INR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
340.5 INR
Average target price
471 INR
Spread / Average Target
+38.33%
Consensus

Quarterly revenue - Rate of surprise

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