| Metric | Value (₹ Cr) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 907.56 | 2.3% | 1.8% |
| Total Income | 930.22 | 3.0% | 3.6% |
| Expenditure | 767.31 | 1.3% | 0.8% |
| PBT | 162.91 | 30.2% | 18.8% |
| Net Profit | 109.80 | 8.9% | 0.5% |
| OPM | 19.06% | 2.76pp | 7.86pp |
| NPM | 11.80% | 0.63pp | 0.10pp |
| EPS | 4.19 | 26.6% | 16.7% |
Usha Martin Q2 FY26: Revenues at Rs. 907.6 crore, Operating EBITDA improves by 7.6% to Rs. 173.0 crore
08 Nov 2025 · 8 Nov 2025, 09:04 pm
Summary
Usha Martin Limited, a leading specialty wire rope solutions provider globally, has announced its financial results for the quarter and half year ended 30 September 2025. The company reported a 1.8% increase in revenue from operations, a 7.6% increase in Operating EBITDA, and a 16.7% growth in PAT from continuing operations.
Key Highlights
- 1
Revenue from Operations: 907.6 crore (1.8% increase Y-o-Y)
- 2
Operating EBITDA: 173.0 crore (7.6% increase Y-o-Y)
- 3
Operating EBITDA Margin: 19.1% (1.0 pps increase Y-o-Y)
- 4
PBT: 167.8 crore (18.7% increase Y-o-Y)
- 5
PBT Margin: 18.5% (2.6 pps increase Y-o-Y)
- 6
Profit after Tax (continued operations): 127.6 crore (16.7% increase Y-o-Y)
- 7
Basic EPS from continued operations: Rs 4.19 for the quarter
- 8
Debt payment: INR 157 crore paid during the quarter entirely through internal accruals
- 9
oEBITDA to operating cash flows (before tax): 123%
- 10
Cash flow generation: INR 390 crores
- 11
Net cash position: INR 111 crore
- 12
ROCE of 20.3% from continued operations
Management Comments
Mr. Rajeev Jnawar
Managing Director
We are pleased to report a healthy performance this quarter, with a revenue of INR 907.6 crore, highest oEBITDA of INR 173 crore (since the sale of steel business) and EBITDA margins of 19.1%, despite a challenging global environment. A favorable product mix supported our operating results in Q2 FY26. Additionally, we see benefits of our ‘One Usha Martin’ program, which is driving sharper cost controls, greater agility and improved execution across the Group.
Informational and educational content only. Not investment advice.