Usha Martin Limited · NSE:USHAMART
Usha Martin — Q1 FY27 Earnings Presentation
23 slides from Usha Martin's earnings presentation, Jul 27, 2026
Slide 1: Earnings Presentation Q1 FY27 filing letter
USHA MARTIN Date: 27th July 2026 The Secretary The Manager Societe de la Bourse de BSE Limited National Stock Exchange of India Ltd Luxembourg Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, 35A Bouleverd Joseph II Dalal Street Plot No.C/1, G Block, L-1840, Luxembourg Mumbai – 400 001 Bandra K
Slide 2: Q1 FY27 Results Earnings Presentation
Q1 FY27 RESULTS Earnings Earnings Presentation Presentation Ju 2026 July 2026 USHA MARTIN |
Slide 3: Disclaimer
Disclaimer Disclaimer This presentation This presentation and and the the accompanying accompanying slides slides (the {the “Presentation”), "Presentation"), which which havehave been been prepared prepared by by Usha Usha Martin Martin Ltd Ltd.. (the {the "Company"), have “Company”), have been been
Slide 4: Key performance highlights – Consolidated Q1 FY27
Keyperformance Key performance highlights – highlights - Consolidated Consolidated Q1Q1 FY27 FY27 Revenue Operating Operating EBITDA EBITDA Operating Operating EBITDA EBITDA margin margin PAT Rs 1,033 cr Rs 208 Rs 208 cr er 20.1% 20.1% Rs 142 cr Q1 FY26 Rs 887 cr +16.4% 01 FY26 Q1 FY26RsRs 145 cr 14
Slide 5: Key financial highlights – Consolidated Q1 FY27
In Rs. In Rs.crore crore Keyfinancial Key financial highlights – highlights - Consolidated Consolidated Q1Q1 FY27 FY27 NETREVENUE NET REVENUE FROM FROM OPERATIONS OPERATIONS ■ OPERATING OPERATING EBITDA EBITDA • MARGINS MARGINS 16.3% 16.3% 21.6% 21.6% 20.1% 20.1% 979 979 1,033 1,033 • • • 887 887 21
Slide 6: Revenue breakdown by segment
In Rs. In Rs.crore crore Revenuebreakdown Revenue breakdown by segment by segment WIREROPE WIRE ROPE WIRE WIRE 757 757 118 124 124 118 707 707 94 94 642 642 Q1FY26 Q1 FY26 Q4FY26 Q4 FY26 Q1 FY27 Q1 FY27 Q1FY26 Q1 FY26 Q4FY26 Q4 FY26 Q1 FY27 Q1 FY27 '''" Shift (%) QoQ:7.2% QoQ: 85 85 7.2 % LRPC LRP
Slide 7: Diversified presence across geographies and segments
Diversified Diversified presence presence across across geographies geographies and segments and segments RevenueSegmentation Revenue Segmentation forFY27 for Q1 Q1 FY27 PRODUCT PRODUCT SEGMENTATION SEGMENTATION ENDINDUSTRY END INDUSTRY SEGMENTATION 1 SEGMENTATION GEOGRAPHY GEOGRAPHY SEGMENTATION SE
Slide 8: Successfully managing raw material volatility
Successfully Successfully managing managing raw raw-material volatility -material volatility STEELPRICE STEEL PRICE(RS.(RS. PER TONNE) PER TONNE) 61,691 57,217 55,392 54,097 50,376 51,052 FY23 FY23 FY24 FY24 FY25 FY25 Q4FY26 Q4FY26 FY26 FY26 01 FY27 Q1 FY27 EBITDA/TONNE22 (RS.) EBITDA/TONNE (RS.) 39
Slide 9: Profitability indicators remain healthy
Profitability Profitability indicators indicators remain remain healthy healthy ROCE 2 (%) ROCE (%) ROE(%) ROE (%) 22.8% 21.4% 19.3% 20.6% 19.2% 15.8% 16.8% 17.3% FY24 FY24 FY25 FY25 FY26 FY26 Jun'26 Jun'26 FY24 FY24 FY25 FY25 FY26 FY26 Jun '26 Jun'26 INTEREST INTEREST COVERAGE COVERAGE (X) (X) FIXE
Slide 10: Balance sheet strengthened, with net cash position at Rs. 465 crore
In Rs. In Rs.crore crore Balancesheet Balance sheet strengthened, strengthened, with with net net cash cash position position at Rs. 465 at Rs. 465 crore crore GROSS GROSS DEBT DEBT NETDEBT NET DEBT - - 124 124 338 338 63 63 292 292 146 146 146 146 -332 -332 -465 -465 FY24 FY24 FY25 FY25 FY26 FY26 J
Slide 11: Net working capital to turnover remains steady
Networking Net working capital capital to turnover to turnover remains remains steady steady CURRENT CURRENT RATIO RATIO (X) {X) NETWORKING NET WORKING CAPITAL CAPITAL {RS. CRORE) (RS. CRORE) 3.3 •• 1,199 1,228 1,187 3.1 2.9• 2.8= - - - - - - - - 1,089 Mar-24 Mar-24 Mar-25 Mar-25 Mar-26 Mar-26 Jun-2
Slide 12: Strong cash generation funded capex through internal accruals
In Rs. In Rs.crore crore Strong Strong cash cash generation generation funded funded capex through capex through internal accruals internal accruals OPERATING OPERATING CASH CASH FLOW FLOW (OCF) (OCF) BEFOREBEFORE INCOME TAX INCOME TAX AND% AND % TOTO EBITDA EBITDA 116% 116% 104% 104% 94% 94% 91% 91
Slide 13: Long term issuer rating at IND AA-/ Outlook: Stable
Longterm Long term issuer issuer rating rating at AA at ‘IND 'IND AA-'/ Outlook: -’ / Outlook: Stable Stable AA-- AA A+ A+ A A A-- A BBB+ BBB+ BBB BBB India Ratings Jul'19 Jul'20 Aug'21 Aug'22 Aug'23 Aug'24 Jul'25 Ju l'26 &Research Jul'19 Jul'20 Aug'21 Aug'22 Aug'23 Aug'24 Jul'25 Jul'26 A Fitch Grou
Slide 14: Management comment
Management Management comment comment Commenting on Commenting on the the performance performance Mr Mr.. Rajeev Rajeev Jhawar, Jhawar, Managing Managing Director Director said said:: “uwe are pleased We are pleased to to commence commence FY FY27 27 onon aa strong strong note note with with revenue
Slide 15: Annexure
ANNEXURE | 14
Slide 16: Abridged Consolidated P&L statement
In Rs. In Rs.crore crore Abridged Abridged Consolidated Consolidated P&L statement P&L statement Q1 FY27 Q1 FY27 Q1FY26 Q1 FY26 Y-o-Y Y Change(%) -o-Y Change (%) Q4FY26 Q4 FY26 Q-o-Q Q Change -o-Q Change (%) (%) Revenuefrom Revenue from Operations Operations 1,033.0 1,033.0 887.2 887.2 16.4% 16.4% 9
Slide 17: Abridged Standalone P&L statement
In Rs. In crore Rs.crore Abridged Abridged Standalone Standalone P&L P&L statement statement Q1 FY27 Q1 FY27 Q1FY26 Q1 FY26 Y-o-Y Y Change(%) -o-Y Change (%) Q4FY26 Q4 FY26 Q-o-Q Q Change -o-Q Change (%) (%) Revenuefrom Revenue from Operations Operations 642.5 642.5 540.1 540.1 19.0% 19.0% 639.6 639
Slide 18: Key operational highlights – Consolidated Q1 FY27
Keyoperational Key operational highlights – highlights - Consolidated Consolidated Q1Q1 FY27 FY27 Figureinin Figure ('000 (‘000 MT)MT) SALES SALES VOLUMES,1 VOLUMES ▪ Overall sales Overall sales volumes volumes remained remained steady steady on on aa YY-o-Y basis -o-Y basis 51 51 53 53 51 51 ▪ Segm
Slide 19: Globally recognized certifications and licenses
Globallyrecognized Globally recognized certifications certifications and licenses and licenses ISO45001: 450012018 : 2018 ISO14001: ISO 14001:2015 2015 Certificate Certificate ofof Authority Authority issued issued ISO9001: ISO 90012015 : 2015 ISO Occupational Health Environmental management by Amer
Slide 20: Market snapshot
Marketsnapshot Market snapshot Ason ,,~- ------ -------- --SHAREHOLDING PATTERN-AS ON ----- -------- ---,,, KeyMarket Market Statistics As on SHAREHOLDING PATTERN AS ON I Key Statistics 30 th June 2026 th 30th 30 June2026 th June 2026 30 June 2026 Publicincluding Public including BSE/NSE BSE/NSE Tic
Slide 21: Concall details
Concalldetails Concall details UshaMartin Usha MartinLtd.Ltd. Q1 FY27 Q1 FY27 Earnings Earnings Conference Conference Call Call Time: Time: 10:30 AMIST 10:30 AM 1ST onon Tuesday, Tuesday, July July 28, 2026 28, 2026 To enable To enableparticipants participants to connect to connect to theto the conf
Slide 22: Contact us
Contact Contact usus About Us About Us:: Established in Established in the the year year 1960, Usha Martin 1960 , Usha Martin is is aa leading leading global global and and India’s India's No No.. 1 specialty 1 specialty Mr. Abhijit Mr. AbhijitPaul Paul (Chief (Chief Financial Financial Officer) Off
Slide 23: Thank you
THANK YOU USHA MARTIN LIMITED 2A, Shakespeare Sarani, contact@ushamartin.com Kolkata - 700 071, India www.ushamartin.com | 22