USHA MARTIN LIMITED |
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 338.4 INR | -1.64% |
|
-3.23% | +14.23% |
| 04-26 | Usha Martin Limited Proposes Dividend for the Financial Year Ended on 31St March 2024 | CI |
| 04-26 | Usha Martin Limited Reports Earnings Results for the Fourth Quarter Ended March 31, 2024 | CI |
Valuation
| Fiscal Period: March | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Capitalization 1 | 65,260 | 104,831 | - | - |
| Enterprise Value (EV) 1 | 65,260 | 97,015 | 104,831 | 104,831 |
| P/E ratio | 18.6 x | 22.9 x | 19.2 x | 14.6 x |
| Yield | - | 0.87% | 1.16% | 1.45% |
| Capitalization / Revenue | 2 x | 3.01 x | 2.61 x | 2.17 x |
| EV / Revenue | 2 x | 3.01 x | 2.61 x | 2.17 x |
| EV / EBITDA | 12.1 x | 16.2 x | 13.2 x | 10.1 x |
| EV / FCF | - | 24.6 x | 34.7 x | 25.7 x |
| FCF Yield | - | 4.07% | 2.88% | 3.9% |
| Price to Book | - | - | - | - |
| Nbr of stocks (in thousands) | 304,742 | 304,742 | - | - |
| Reference price 2 | 214.2 | 344.0 | 344.0 | 344.0 |
| 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 | 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 | - | - | 4,267 | 3,020 | 4,084 |
| FCF margin | - | - | 13.25% | 7.52% | 8.44% |
| FCF Conversion (EBITDA) | - | - | 72.46% | 37.9% | 39.31% |
| FCF Conversion (Net income) | - | - | - | 55.41% | 56.94% |
| Dividend per Share 2 | - | - | 3.000 | 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 | - | - | 4,267 | 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 | - | - | 1,213 | 1,773 | 1,530 |
| Capex / Sales | - | - | 3.77% | 4.42% | 3.16% |
| 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
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
344
INR
Average target price
471
INR
Spread / Average Target
+36.92%
EPS Revisions
Quarterly revenue - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +14.23% | 1.26B | |
| -0.82% | 41.39B | |
| +18.71% | 24.66B | |
| -19.62% | 22.33B | |
| -6.37% | 21.38B | |
| +14.37% | 21.22B | |
| +2.66% | 19.83B | |
| +5.85% | 9.43B | |
| -21.89% | 8.54B | |
| -12.83% | 8.46B |
- Stock Market
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- USHAMART Stock
- Financials Usha Martin Limited
