Usha Martin Ltd
Usha Martin Q4 FY25 earnings call: Revenue & Margins
Q4 FY25 earnings call: what management guided on revenue, margins and order book.
The short version
Expect overall volume and topline growth of about 12% to 15% across Wire Rope and Wire segments for FY26 and FY27. FY25 revenue grew 7.7% YoY to INR 3,474 crore; Wire Rope segment up 9.3%, Wire segment up 19.7%.
From Usha Martin Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Expect overall volume and topline growth of about 12% to 15% across Wire Rope and Wire segments for FY26 and FY27.
- Wire Rope volumes grew ~10% year-on-year, with capacity expansions in place to support further growth.
- Additional rope capacity expected to reach 1,50,000 tons by end of FY26, with current utilization at ~80-85%, leaving headroom for 3-4 years of growth.
- Target ramp-up in international markets such as Saudi Arabia (aiming for 4,000 tons annual rate), U.K., Middle East, and increasing domestic demand due to infrastructure growth.
- Growth driven by key sectors including Oil & Gas, Offshore Wind (U.K.), Elevator, Crane ropes, and construction sectors, especially in Tier-2 and Tier-3 cities.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Usha Martin Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- The company undertook INR 245 crore of CAPEX during FY25.
- Ongoing capacity expansion at the Ranchi plant is a key strategic focus to support volume ramp-ups, especially in value-added Wire Rope segments, aimed at margin expansion in coming quarters.
- Commercial production of ocean fiber has started, marking entry into synthetic sling space for offshore lifting, reflecting a long-term product innovation commitment.
- Investments are also being made in digitalization—implementation of SAP S/4 HANA completed across several countries, with European upgradation in progress—to unify back-office operations supporting the "One Usha Martin" vision.
2 more points management made on capital expenditure plans
Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Usha Martin Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The European market remains fairly stable with strong demand from Oil and Offshore sectors, supported by a good order book expected to improve in coming months (Page 7).
- The Elevator business in Europe is stable, maintaining steady order inflow (Page 7).
- In the U.S., while there is uncertainty due to tariff issues, the business is expected to stabilize with a good existing customer base and product mix (Page 7).
2 more points management made on order book & pipeline
Usha Martin Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹979 Cr, net profit ₹148 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What Usha Martin's management said in earlier quarters
Others in Industrial Products this season
- Graphite India Ltd (Q4 FY25)
666 Crores, down 7.5% year-on-year (YoY) from Rs. Key concall takeaways from Graphite India Ltd's Q4 FY25 earnings call — and how it ranks against sector peers.
- Welspun Specialty Solutions Ltd (Q4 FY25)
Q4 FY25 Revenue: INR 2,085 million, up 33% YoY from INR 1,564 million in Q4 FY24 (Page 12, Page 11) . Key concall takeaways from Welspun Specialty Solutions…
- Grindwell Norton Ltd (Q4 FY25)
Revenue from Operations for FY 2024-25 is ₹2812 crores, a 4.6% increase from ₹2687 crores in FY 2023-24. Key concall takeaways from Grindwell Norton Ltd's Q4…
- PTC Industries Ltd (Q4 FY25)
Q4 FY25 Total Income:** ₹133.8 Cr, up 74.9% YoY from ₹76.5 Cr in Q4 FY24 (Page 6, 5). Key concall takeaways from PTC Industries Ltd's Q4 FY25 earnings call…
Frequently Asked Questions
What were Usha Martin Ltd Q4 FY25 results?
Expect overall volume and topline growth of about 12% to 15% across Wire Rope and Wire segments for FY26 and FY27. FY25 revenue grew 7.7% YoY to INR 3,474 crore; Wire Rope segment up 9.3%, Wire segment up 19.7%.
What is Usha Martin Ltd share price analysis?
Usha Martin Ltd currently shows a neutral. The stock trades at a P/E of 29.1 with a market cap of ₹15,854 Cr. Investors should review the full earnings analysis for detailed insights.
Is Usha Martin Ltd planning capital expenditure?
The company undertook INR 245 crore of CAPEX during FY25.
Keep Usha Martin Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.