Financials Usha Martin Limited LUXEMBOURG S.E.

Equities

USHMA

US9173002042

Iron & Steel

End-of-day quote LUXEMBOURG S.E. 23:00:00 18/06/2024 BST 5-day change 1st Jan Change
23.4 USD -1.68% Intraday chart for Usha Martin Limited +3.54% +30.73%

Valuation

Fiscal Period: March 2023 2024 2025 2026
Capitalization 1 65,260 118,606 - -
Enterprise Value (EV) 1 65,260 97,015 118,606 118,606
P/E ratio 18.6 x 22.9 x 23.2 x 17.9 x
Yield - 0.86% 1.03% 1.28%
Capitalization / Revenue 2 x 3.01 x 2.97 x 2.48 x
EV / Revenue 2 x 3.01 x 2.97 x 2.48 x
EV / EBITDA 12.1 x 16.2 x 15.5 x 12.2 x
EV / FCF - 58.4 x 29.9 x 29.9 x
FCF Yield - 1.71% 3.34% 3.34%
Price to Book - - - -
Nbr of stocks (in thousands) 304,742 304,742 - -
Reference price 2 214.2 389.2 389.2 389.2
Announcement Date 27/04/23 26/04/24 - -
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2022 2023 2024 2025 2026
Net sales 1 - 32,678 32,252 39,994 47,854
EBITDA 1 - 5,414 5,986 7,660 9,748
EBIT - - - 6,912 8,889
Operating Margin - - - 17.28% 18.58%
Earnings before Tax (EBT) - 4,436 - 6,611 8,579
Net income 2,913 3,501 - 5,126 6,599
Net margin - 10.71% - 12.82% 13.79%
EPS 2 - 11.51 13.92 16.80 21.70
Free Cash Flow 1 - - 1,662 3,965 3,964
FCF margin - - 5.15% 9.91% 8.28%
FCF Conversion (EBITDA) - - 27.77% 51.76% 40.66%
FCF Conversion (Net income) - - - 77.35% 60.07%
Dividend per Share 2 - - 2.750 4.000 5.000
Announcement Date 30/04/22 27/04/23 26/04/24 - -
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 11/02/23 27/04/23 05/08/23 -
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 3,965 3,964
ROE (net income / shareholders' equity) - 18.8% - 19.9% 21.8%
ROA (Net income/ Total Assets) - - - - -
Assets - - - - -
Book Value Per Share - - - - -
Cash Flow per Share - - - - -
Capex 1 - - 2,776 1,194 1,330
Capex / Sales - - 8.61% 2.99% 2.78%
Announcement Date 30/04/22 27/04/23 26/04/24 - -
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
389.2 INR
Average target price
471 INR
Spread / Average Target
+21.02%
Consensus

Quarterly revenue - Rate of surprise