DocStoX is a free AI-powered research platform for Indian equity markets, covering 6,800+ NSE & BSE stocks with prices, fundamentals, 326 financial ratios, shareholding, FII/DII flows, F&O, IPOs, a visual screener and AI stock scoring.

Yes. DocStoX has a free tier covering stock research, the screener, FII/DII data and educational guides, plus a free MCP API tier (50 tool calls/day) for AI assistants. A Pro plan adds higher limits and advanced features.

What data does DocStoX cover?

Every NSE & BSE listed stock (6,800+ instruments): EOD and intraday prices, income statement / balance sheet / cash flow, 326 ratios, quarterly shareholding, promoter pledge, mutual-fund holdings, FII/DII flows, F&O and option-chain data, analyst forecasts, IPOs, corporate actions and news.

Can AI assistants like ChatGPT or Claude use DocStoX data?

Yes. DocStoX runs a public Model Context Protocol (MCP) server at https://mcp.docstox.com/mcp with 39 tools, so Claude, ChatGPT, Cursor and other MCP clients can pull Indian market data directly. Setup and a free key are at https://docstox.com/mcp.

What is the USHA MARTIN LTD. (USHAMART) share price today?

USHA MARTIN LTD. (USHAMART) is trading at ₹494.95 on the NSE, down 1.06% on the day. Source: DocStoX.

What is the PE ratio of USHA MARTIN LTD.?

USHA MARTIN LTD. has a price-to-earnings (PE) ratio of 32.4 in the Capital Goods sector.

What is the market capitalisation of USHA MARTIN LTD.?

USHA MARTIN LTD. has a market capitalisation of approximately ₹15,075 crore.

USHA MARTIN LTD.

USHAMART·NSE·Capital Goods

₹494.95▼ -5.30 (-1.06%)

Capital Goods · Iron & Steel Products

Debt-free and consistently profitable

NIFTY 500NIFTY SMALLCAP 250

Day₹485.00

₹503.25

52W₹334

₹52883%

Open

₹500.15

High

₹503.25

Low

₹485.00

Prev Close

₹500.25

Volume

2.76L

VWAP

₹491.25

Snapshot

Key fundamentals

Market Cap

₹15,075 Cr

P/E Ratio

32.37Fair

P/B Ratio

4.65

EPS

₹15.29

Book Value

₹108.00

ROE

16.60%Strong

ROCE

20.00%Efficient

Dividend Yield

0.60%

Debt / Equity

0.07Low

Face Value

₹1.00

52W High

₹527.50

52W Low

₹333.60

Sector

Capital Goods

Industry

Iron & Steel Products

Avoid

Narrow moatVery High uncertainty

Fair value estimate

₹148

▼ 70.1%downside

Trading at ₹495 — 70% above our estimate

BearFair valueBull

₹126₹148₹193

/100

Business quality — Solid

Growth 28Profitability 59Efficiency 30Valuation 70

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet
Fundamental red flags (Piotroski 1/9)

Strengths

Virtually debt-free balance sheet
Capital is working hard (ROCE 20%)

Risks

Fundamental red flags (Piotroski 1/9)

How we got there

Fair value methods

Residual income

17% ROE fading to 13% over ~10 yrs, on ₹108 book

₹128

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹193

Analyst target

No analyst coverage

—

Blended fair value₹148

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Capital is working hard (ROCE 20%)

Bear case

Fundamental red flags (Piotroski 1/9)

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

32.4Fair

Below 15× is value territory; above 35× prices in strong growth

ROE

16.6%Strong

Above 15% is considered healthy for Indian equities

ROCE

20.0%Efficient

Above 18% means capital is working hard

Debt/Eq

0.07Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹15,075 Cr

P/B

4.65

EPS

₹15.29

Div Yield

0.60%

What changed

Recent changes

Foreign investors+0.1% stake last quarter
Domestic institutions+0.7% stake last quarter

What matters

News impact

Overview

Valuation

Reasonable

P/E 32.4×

Growth

Slow

+4% rev CAGR

Profitability

Healthy

16.6% ROE

Financial health

Rock solid

D/E 0.07

Momentum

N/A

No technicals

Today

Trading activity

Delivery %55.0%

Turnover₹1355.34L Cr

Trades13,431

VWAP₹491.25

Face value₹1.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

Revenue

+4.1%

+12.0%

10Y

-1.1%

Profit

+9.9%

+25.1%

10Y

—

EPS

+10.0%

+25.5%

10Y

—

Profile

Pros

Company has reduced debt.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 22.3%

Watch-outs

Cons

The company has delivered a poor sales growth of 12.0% over past five years.
Promoter holding has decreased over last 3 years: -7.34%

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 31 Mar 2026

Foreign investors bought 0.14 pts; domestic institutions added 0.69 pts last quarter. The QoQ column shows each group's change versus the prior quarter.

41%

Promoter

Promoters

40.5%0.00

Public

15.9%-0.59

FII / FPI

14.8%+0.14

DII

14.8%+0.69

Others

14.0%

Total shareholders

1,01,177-3,220 QoQ

Quarterly trend

Ownership over time

Q4 FY26

Promoter40.52%

FII14.76%

DII14.81%

Public15.90%

Others14.01%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

USHA MARTIN LTD. valuation & research

Deep-dive tools with DocStoX's fair-value estimate, ratios and peers.

Fair Value Intrinsic Value DCF Valuation Financial Ratios Peers

USHA MARTIN LTD. peers in Capital Goods

Other Capital Goods stocks on the NSE & BSE. See the full Capital Goods sector list.

USHA MARTIN LTD.

Key fundamentals

Key statistics

Recent changes

News impact

Overview

Trading activity

Technical signals

Growth (CAGR)

Company information

Pros

Cons

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership breakdown

Ownership over time

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Frequently asked questions

USHA MARTIN LTD. valuation & research

USHA MARTIN LTD. peers in Capital Goods

Key statistics

Recent changes

News impact

Trading activity

Technical signals

Growth (CAGR)

Company information

Pros

Cons

Ownership breakdown

Ownership over time

Frequently asked questions