Please find enclosed the Earnings Presentation - Q1 FY27 on the unaudited financial results for the quarter ended 30th June 2026.
RESULTS
▲ Positive Development
LOW RISK
📅 Filed on BSE: 27 Jul 2026, 07:10 PM IST · BSE ID: fbb44797-f9e7-4599-842b-a39daac61f64
View Original BSE Filing (PDF)
💡
In Simple Terms
Usha Martin earned Rs. 142 crore profit in the first quarter of FY27, a significant increase from last year.
🤖 AI Summary
- Usha Martin’s Q1 FY27 consolidated net profit reached Rs. 142 crore, reflecting a 40.9% year-on-year increase.
- Revenue from operations for Q1 FY27 stood at Rs. 1,033 crore, marking a 16.4% year-on-year growth.
- Operating EBITDA for the quarter was Rs. 208 crore, up 43.8% year-on-year, with an operating EBITDA margin of 20.1%.
- The Wire Rope segment revenue increased by 18.0% year-on-year in Q1 FY27, accounting for 73% of total sales.
- International business contributed 57% to the total revenues in Q1 FY27, highlighting diversified geographic presence.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Revenue from Operations (Consolidated)
Rs. 1,033 crore
16.4%
Operating EBITDA (Consolidated)
Rs. 208 crore
43.8%
Operating EBITDA Margin
20.1%
380bps
PAT (Consolidated)
Rs. 142 crore
40.9%
Wire Rope Segment Revenue
Rs. 757 crore
18.0%
Wire Segment Revenue
Rs. 124 crore
31.7%
ROCE (Q1 FY27)
21.4%
320bps
Operating Cashflow (Q1 FY27)
Rs. 242 crore
77.0%
Net Cash (as on 30th June 2026)
Rs. 465 crore
🏢 How This Affects the Company
The company's revenue from operations increased by 16.4% year-on-year, indicating growth in its core business activities, especially in the Wire Rope and Wire segments.
Consolidated net profit rose 40.9% year-on-year to Rs. 142 crore, while Operating EBITDA grew 43.8% year-on-year, leading to an improved operating EBITDA margin of 20.1%.
Improved product mix, higher realizations, and effective cost management supported margin expansion, indicating efficiency in operations.
Successfully managing raw-material volatility, as indicated by EBITA/Tonne trends amidst steel price fluctuations, suggests mitigation of commodity price risks.
👥 What This Means For Shareholders
✅
Action Required
No immediate action is required by shareholders based on this earnings presentation.
👤
Who Is Affected
All shareholders are affected by the company's financial performance, as reflected in the reported Q1 FY27 net profit of Rs. 142 crore and revenue of Rs. 1,033 crore.
🔍
Management Signal
The focus on margin expansion through product mix, realizations, and cost management, alongside successful navigation of raw material volatility, signals a commitment to sustainable profitability.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q2 FY27 results — monitor revenue growth and profitability trends.
Further updates on product mix and cost management initiatives.
Industry reports on steel prices and their impact on input costs.
LOW RISK
The financial results indicate strong performance and successful management of raw material volatility.
💡 Investor Takeaway
Usha Martin reported Q1 FY27 consolidated net profit of Rs. 142 crore, a 40.9% increase year-on-year from Rs. 101 crore in Q1 FY26. Revenue from operations grew 16.4% year-on-year to Rs. 1,033 crore, with Operating EBITDA rising 43.8% to Rs. 208 crore.
⚖️ Strengths & Concerns
✅ Positives
- Net profit in Q1 FY27 increased 40.9% year-on-year to Rs. 142 crore, demonstrating strong profitability growth.
- Operating EBITDA margin improved to 20.1% in Q1 FY27 from 16.3% in Q1 FY26, indicating enhanced operational efficiency.
📅 Company Track Record
In Q1 FY27, Usha Martin's consolidated net profit rose 40.67% to Rs. 14,198 lakhs, building on prior performance. FY26 net profit was Rs. 491.2 crore, up 20.9% year-on-year, with the balance sheet strengthened to net cash of Rs. 332 crore as of April 2026. This indicates a consistent upward trend in profitability and financial health.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Usha Martin's consolidated net profit in Q1 FY27?
Usha Martin reported a consolidated net profit of Rs. 142 crore for Q1 FY27, an increase of 40.9% compared to Q1 FY26.
What was Usha Martin's revenue from operations in Q1 FY27?
Usha Martin's revenue from operations for Q1 FY27 was Rs. 1,033 crore, showing a 16.4% year-on-year growth.
What was Usha Martin's Operating EBITDA margin in Q1 FY27?
The Operating EBITDA margin for Usha Martin in Q1 FY27 improved to 20.1%, up from 16.3% in Q1 FY26.
How much did the Wire Rope segment contribute to Usha Martin's revenue in Q1 FY27?
The Wire Rope segment contributed 73% to Usha Martin's overall sales in Q1 FY27, with its revenue increasing 18.0% year-on-year to Rs. 757 crore.
What was Usha Martin's net cash position as of June 30, 2026?
Usha Martin's net cash position as of June 30, 2026, was Rs. 465 crore.
Questions based on this BSE filing only. For information purposes.