USHA MARTIN LTD.

Peterhouse Investments Ltd, identified as part of the promoter group, has disclosed the sale of 150,000 equity shares in Usha Martin Limited. The transaction, executed via the open market on the National Stock Exchange, represents a 0.05% stake. Following this sale, Peterhouse Investments' holding in Usha Martin stands at 2,450,000 equity shares, along with 185,691 GDRs convertible into an additional 928,455 equity shares. The total share capital of Usha Martin remains unchanged at 30,47,41,780 equity shares.

Usha Martin Ltd. announced a recommended dividend of ₹3.75 per equity share for the financial year 2025-26. This dividend, if approved at the 40th Annual General Meeting (AGM), will be payable to shareholders holding shares as of the record date, August 13, 2026, on or after August 24, 2026. The AGM is scheduled for Thursday, August 20, 2026, at 11:30 A.M. via Video Conferencing/Other Audio Visual Means. The company also released its Annual Report for FY26. Key financial highlights for FY26 include a 6.2% YoY revenue growth to ₹3,691 Cr, an 18.1% YoY increase in Operating EBITDA to ₹705 Cr, and a 20.9% YoY rise in PAT to ₹491 Cr. Operating cash flow grew 36% to ₹736 Cr.

Usha Martin Ltd has announced its 40th Annual General Meeting (AGM) will be held on August 20, 2026, at 11:30 AM IST via Video Conferencing/Other Audio Visual Means (VC/OAVM). The company has also released its Annual Report for the Financial Year 2025-26. Key financial highlights for FY25-26 include Revenue of ₹3,691 Cr (+6.2% YoY), Operating EBITDA of ₹705 Cr (+18.1% YoY), and PAT of ₹491 Cr (+20.9% YoY). A dividend of ₹3.75 per share is recommended, subject to AGM approval. The record date for dividend entitlement is August 13, 2026.

Usha Martin Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, along with an Independent Reasonable Assurance Statement from SGS India Private Limited. The report details the company's corporate identity, business activities contributing 94.56% of turnover to Metal & Metal Products (Wire Rope, Wire, Strands), and its market reach across 28 Indian states and 75 countries. Employee data indicates a total of 664 employees and 4,394 workers as of March 31, 2026. The company's exports constitute 35% of its total turnover. The BRSR is available on the company's website.

Usha Martin Ltd has released its Annual Report for the Financial Year 2025-26, reporting strong financial performance. The company's revenue grew by 6.2% year-on-year to ₹3,691 crore, while Operating EBITDA increased by 18.1% to ₹705 crore. Profit After Tax (PAT) from continuing operations saw a significant rise of 20.9% to ₹491 crore. The Board has recommended a dividend of ₹3.75 per equity share for FY26, subject to approval at the 40th Annual General Meeting (AGM). The AGM is scheduled for August 20, 2026, with a record date of August 13, 2026, for dividend eligibility. The company also reported a healthy operating cash flow of ₹736 crore and maintained a net cash position of ₹332 crore.

Usha Martin Limited announced its unaudited financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a 16.4% year-on-year increase in revenue from operations to ₹1,033.0 crore. Operating EBITDA grew by 43.8% to ₹208.0 crore, with margins expanding to 20.1% from 16.3% in the prior year. Profit After Tax (PAT) saw a significant rise of 40.9% to ₹142.0 crore. The company highlighted strong performance in its rope business across India, the US, and Europe, and robust volume growth in its wires business. Usha Martin also reported a net cash position of approximately ₹465 crore and an upgrade in its long-term credit rating to IND AA-/Stable.

Usha Martin Ltd announced that its Board of Directors, in a meeting held on July 27, 2026, has approved the Unaudited Financial Results (standalone and consolidated) for the quarter ended June 30, 2026. The results were prepared in accordance with SEBI regulations. The company also enclosed the Limited Review Report from its statutory auditors, S.R. Batliboi & Co. LLP. The board meeting commenced at 3:15 P.M. IST and concluded at 4:20 P.M. IST. The financial results and the auditor's report are available on the company's website.

Usha Martin opened FY27 with a strong print. Consolidated revenue rose to ₹1,033 Cr, up 16.4% YoY (from ₹887 Cr) and 5.5% sequentially, while net profit climbed 40.9% YoY to ₹142.04 Cr from ₹100.81 Cr a year ago. Crucially there were no exceptional items on either side of the year-on-year comparison, so the reported growth is also the underlying growth — this is a clean beat, not a one-off flattered number. Net margin expanded to 13.75% from 11.17% a year ago, and operating (EBITDA) margin widened to roughly 19.8% from ~15.6% in Q1 FY26, driven by a richer value-added product mix and lower finance costs (₹3.9 Cr vs ₹6.25 Cr) off the net-cash balance sheet. The print beats the Street: Univest/Uniresearch had modelled revenue near ₹953 Cr and PAT around ₹98 Cr, so both topline and bottom line came in comfortably ahead. It also validates management's April guidance — the ~19.8% EBITDA margin sits just under the raised ≥20% target and the mix-led value growth is consistent with the 10-12% volume-growth roadmap in high-value segments (oil & offshore, cranes, elevators). Segment detail confirms the story: Wire & Wire Ropes did essentially all the work, with segment result of ₹192.06 Cr versus a negligible Others contribution. The one soft optic — PAT down ~4% QoQ against Q4's ₹148 Cr — is not operational: Q4 carried ₹26.66 Cr of other income (including ₹19.63 Cr interest on a tax refund plus a Chennai land-sale gain) against just ₹8.56 Cr this quarter, and Q4 also booked a ₹3.52 Cr exceptional labour-code charge. Stripping the one-offs, sequential operating profit was roughly flat, so the QoQ dip is a comparison artefact, not a slowdown. Standalone told a slightly softer version (PAT ₹97.60 Cr, +37.7% YoY) — within range of the consolidated read, no material divergence. Alongside the results the board's earlier actions stay in play: an Aug 13 record date for the FY26 dividend and the 40th AGM on Aug 20. The overhang worth watching remains the ED/CBI/PMLA proceedings on historic iron-ore-fines land (₹190.37 Cr attached, no financial adjustment taken) — legal, not operational, but live with hearings through August. Management hosts the earnings call on July 28.

Usha Martin Ltd has announced that its Board of Directors will convene on July 27, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for both standalone and consolidated operations for the quarter ended June 30, 2026. In line with SEBI regulations, the 'Trading Window' for designated persons and their relatives will remain closed until 48 hours after the results are declared. The company will also make this announcement available on its website.

Usha Martin Limited has announced that its 40th Annual General Meeting (AGM) will be held on August 20, 2026, at 11:30 AM IST via Video Conferencing/Other Audio Visual Means. The company has also fixed August 13, 2026, as the record date for determining eligibility for dividend payment for the financial year ended March 31, 2026, subject to member approval at the AGM. The notice of the AGM and the annual report will be submitted in due course and will be available on the company's website.