Stock · USHAMART · Capital Goods
USHAMART share price target 2026
Support, resistance, the F&O structure and the BazaarBaazi Crack Score for USHA MARTIN LIMITED, refreshed every end-of-day run. A systematic, data-only read on USHA MARTIN LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
The verdict
BazaarBaazi reads USHAMART as constructive with a Crack Score of 83/100 as of 25 Jul 2026.
BazaarBaaziSource & method
The scanner's readNear-perfect · scanned 24 Jul 2026
Where USHAMART stands on the 500-name BazaarBaazi setup scanner: technicals, filed fundamentals and money flow read together, refreshed every run.
One directional side cleared its price-structure, filed-evidence and signed money-flow gates with no blocking red flag.
Technical axis
100/100Fundamental axis
100/100Money flow
81/100Result pulse · Q4 FY26
93/100Named setups in force
- stage2 uptrend
- pullback to rising MA
- under accumulation
- RS leader
- earnings acceleration
- quality margins
- relative value
- growth underpriced
- result winner
Technical evidence
price above 50DMA
price above 150DMA
price above 200DMA
50 > 150 > 200 DMA (clean stack)
uptrend frame (50 > 200 DMA)
50DMA rising
pulled back to a rising MA
RSI 50.3 (cooled, not broken)
money-flow score 80.9/100
Chaikin money flow +0.178 (accumulation)
up/down volume 1.65x (buyers dominant)
MFI 50.2
relative strength rising vs NIFTY
RS slope +8.8% (3m)
outperforming and above 50DMA
Fundamental evidence
net profit +46.7% YoY
revenue +9.28% YoY
net margin 15.12%
result score 93.0/100
net margin 15.12% (high)
result score 93.0/100
profit not shrinking YoY
revenue +9.28% YoY
cheaper than sector (0.64x median)
bottom-half P/E within sector
result score 93.0/100
earnings not shrinking
delivering more growth than priced (gap +21)
materially underpriced growth
real growth ~42%
result score 93.0/100
result score 93.0/100 (top tier)
strong filed quarter
profit up YoY
revenue up YoY
Valuation and context
P/E 32.4 vs sector median 51.0 (0.64x, 26th pctile)
P/E 2.23x its own ~15m median (14.5)
Relative valuation
P/E (TTM)
32.4P/E vs sector
+0.6%Sector percentile
26PEG
0.69Growth gap
+20.9%P/E vs own history
+2.2%The engine's trade frame
Entry zone
496.4Stop
473.1Target 1
543.0Target 2
566.3Risk / reward
4.7% risk · 2.0RScanner levels from the deterministic engine run of 2026-07-24, not a SEBI-registered recommendation and not investment advice. The fundamental axis reads the official filing: Q4 FY26 result.
Price target: support and resistanceComputed 25 Jul 2026
Support and resistance for USHAMART are read inside the latest show; no spot was printed in the most recent editorial note.
Levels are read inside the latest show. The most recent editorial reference is Systematic Read on 21 Jul 2026.
These are structural reference lines, not a SEBI-registered price target. BazaarBaazi is independent media; the levels frame how the desk reads the USHAMART chart, refreshed every end-of-day run.
The Crack Score, and how it is built83 / 100 · High conviction
The Crack Score is a deterministic 0 to 100 conviction number. Here is exactly what moved it for USHAMART, so the figure is a transparent signal rather than a vibe.
Base 50, adjusted by the factors above and clamped to 0 to 100. How the Crack Score works.
The F&O viewHorizon · swing
How the futures and options structure on USHAMART reads right now.
The editorial price read on USHAMART is bullish. Strike-level option inventory is unavailable, so the page withholds writer, wall and pin claims. Single-stock F&O on USHAMART can be thinner than index F&O, so the desk weights price and filed evidence over raw OI. This is not a derivatives trade recommendation.
Why it movedLatest editorial line
The most recent BazaarBaazi read on what is driving USHAMART.
Systematic read: a disclosed, data-only model on real 1-year price structure.
Read in Systematic Read on 21 Jul 2026. Why USHAMART moved, the living explainer, tracks every move on one URL.
Latest filed resultsQ4 FY26
USHA MARTIN LIMITED's most recent quarter, parsed straight from the official NSE filing. Every figure links back to its primary source.
Result Pulse
93 / 100Revenue
Rs 979 crNet profit
Rs 148 crEPS (quarter)
Rs 4.85| Growth | YoY | QoQ |
|---|---|---|
| Revenue | +9.3% | +6.8% |
| Net profit | +46.7% | +37.5% |
| Net margin | +15.1% | |
Figures are the Q4 FY26 result for USHA MARTIN LIMITED, parsed straight from the official NSE integrated filing and verified to the paisa. The EPS shown is for the quarter, not a trailing-twelve-month figure, so it is not a P/E input.
Earnings history, every filed quarter32 quarters on record
USHA MARTIN LIMITED's official quarterly revenue, EPS and Result Pulse trail, every quarter the desk holds from the verified filings export, back to 30 Jun 2018. These are quarterly facts, not TTM valuation inputs.
USHAMART official result trail
32 quarters
Quarterly figures only: revenue, net profit and EPS are copied from official filings. EPS here is not trailing twelve month EPS and is not used for valuation.
| Quarter | Revenue | EPS | PAT YoY | Pulse | Source |
|---|---|---|---|---|---|
| Q4 FY26ended 31 Mar 2026 / Consolidated, audited | Rs 979 cr | Rs 4.85 | n/a | n/a | Filing |
| Q3 FY26ended 31 Dec 2025 / Consolidated, audited | Rs 917 cr | Rs 3.53 | n/a | 50/100 | Filing |
| Q2 FY26ended 30 Sep 2025 / Consolidated, audited | Rs 908 cr | Rs 3.61 | n/a | 50/100 | Filing |
| Q1 FY26ended 30 Jun 2025 / Consolidated, audited | Rs 887 cr | Rs 3.31 | n/a | 50/100 | Filing |
| Q4 FY25ended 31 Mar 2025 / Consolidated, audited | Rs 896 cr | Rs 3.32 | n/a | 50/100 | Filing |
| Q3 FY25ended 31 Dec 2024 / Consolidated, audited | Rs 861 cr | Rs 3.04 | n/a | n/a | Filing |
| Q2 FY25ended 30 Sep 2024 / Consolidated, audited | Rs 891 cr | Rs 3.59 | n/a | n/a | Filing |
| Q1 FY25ended 30 Jun 2024 / Consolidated, audited | Rs 826 cr | Rs 3.42 | n/a | n/a | Filing |
| Q4 FY24ended 31 Mar 2024 / Consolidated, audited | Rs 829 cr | Rs 3.49 | n/a | n/a | Filing |
| Q3 FY24ended 31 Dec 2023 / Consolidated, audited | Rs 797 cr | Rs 3.53 | n/a | n/a | Filing |
| Q2 FY24ended 30 Sep 2023 / Consolidated, audited | Rs 785 cr | Rs 3.59 | n/a | n/a | Filing |
| Q1 FY24ended 30 Jun 2023 / Consolidated, audited | Rs 814 cr | Rs 3.31 | n/a | n/a | Filing |
| Q4 FY23ended 31 Mar 2023 / Consolidated, audited | Rs 855 cr | Rs 3.46 | n/a | n/a | Filing |
| Q3 FY23ended 31 Dec 2022 / Consolidated, audited | Rs 834 cr | Rs 2.76 | n/a | n/a | Filing |
| Q2 FY23ended 30 Sep 2022 / Consolidated, audited | Rs 820 cr | Rs 2.59 | n/a | n/a | Filing |
| Q1 FY23ended 30 Jun 2022 / Consolidated, audited | Rs 759 cr | Rs 2.69 | n/a | n/a | Filing |
| Q4 FY22ended 31 Mar 2022 / Consolidated, audited | Rs 767 cr | Rs 3.57 | n/a | n/a | Filing |
| Q3 FY22ended 31 Dec 2021 / Consolidated, audited | Rs 712 cr | Rs 2.20 | n/a | n/a | Filing |
| Q2 FY22ended 30 Sep 2021 / Consolidated, audited | Rs 594 cr | Rs 1.89 | n/a | n/a | Filing |
| Q1 FY22ended 30 Jun 2021 / Consolidated, audited | Rs 615 cr | Rs 1.90 | n/a | n/a | Filing |
| Q4 FY21ended 31 Mar 2021 / Consolidated, audited | Rs 653 cr | Rs 2.23 | n/a | n/a | Filing |
| Q3 FY21ended 31 Dec 2020 / Consolidated, audited | Rs 550 cr | Rs 1.23 | n/a | n/a | Filing |
| Q2 FY21ended 30 Sep 2020 / Consolidated, audited | Rs 518 cr | Rs 1.19 | n/a | n/a | Filing |
| Q1 FY21ended 30 Jun 2020 / Consolidated, audited | Rs 376 cr | Rs 0.27 | n/a | n/a | Filing |
| Q4 FY20ended 31 Mar 2020 / Consolidated, audited | Rs 515 cr | Rs 0.01 | n/a | n/a | Filing |
| Q3 FY20ended 31 Dec 2019 / Consolidated, audited | Rs 537 cr | Rs 0.22 | n/a | n/a | Filing |
| Q2 FY20ended 30 Sep 2019 / Consolidated, audited | Rs 538 cr | Rs 0.96 | n/a | n/a | Filing |
| Q1 FY20ended 30 Jun 2019 / Consolidated, audited | Rs 560 cr | Rs 12.56 | n/a | n/a | Filing |
| Q4 FY19ended 31 Mar 2019 / Consolidated, audited | Rs 627 cr | Rs 1.57 | n/a | n/a | Filing |
| Q3 FY19ended 31 Dec 2018 / Consolidated, audited | Rs 615 cr | Rs -1.23 | n/a | n/a | Filing |
| Q2 FY19ended 30 Sep 2018 / Consolidated, audited | Rs 631 cr | Rs 0.84 | n/a | n/a | Filing |
| Q1 FY19ended 30 Jun 2018 / Consolidated, audited | Rs 1,384 cr | Rs 0.39 | n/a | n/a | Filing |
The official financialsFiled to 31 Mar 2026
USHA MARTIN LIMITED's statements as filed: trailing twelve month P&L, the balance sheet, and the cash engine. Parsed from official XBRL, shown in crore.
Trailing twelve months, on filed quarters
Revenue (TTM)
3,691 crNet profit (TTM)
466 crEBIT (TTM)
641 crProfit before tax (TTM)
621 crNet margin (TTM)
12.6%Finance costs (TTM)
19.6 crBalance sheet, as filed 2026-03-31
Total assets
4,212 crShareholder equity
3,302 crTotal borrowings
146 crCash and equivalents
242 crInventory
958 crTrade receivables
643 crThe cash engine, latest filed year
Operating cash flow
655 crCapex
198 crFree cash flow
457 crInvesting flow
-367 crFinancing flow
-321 crAnnual trail, filed year over filed year
| Year | Revenue | Net profit | Equity | Borrowings | CFO |
|---|---|---|---|---|---|
| FY26 | 3,691 cr | 466 cr | 3,302 cr | 146 cr | 655 cr |
| FY25 | 3,474 cr | 406 cr | 2,752 cr | 338 cr | 422 cr |
| FY24 | 3,225 cr | 424 cr | 2,384 cr | 298 cr | 444 cr |
| FY23 | 3,268 cr | 351 cr | 2,035 cr | 355 cr | 252 cr |
| FY22 | 2,688 cr | 291 cr | 1,697 cr | 366 cr | 159 cr |
| FY21 | 2,097 cr | 152 cr | 1,407 cr | 423 cr | n/a |
Every figure is parsed from USHA MARTIN LIMITED's official NSE XBRL filings by the BazaarBaazi earnings lab and shown in crore rupees. Display data, not a valuation model input.
Management on record11 earnings calls
Every USHAMART earnings call BazaarBaazi has indexed, latest 31 May 2026. Read management in its own words, straight from the filed transcript.
USHA MARTIN LIMITED earnings calls on record
11 calls since 30 Nov 2023
Show 3 older calls
Each entry links to the transcript PDF the company filed with the exchange. Primary sources, in management's own words.
What changed34 disclosures
Every recent official filing from USHA MARTIN LIMITED, straight from the exchange feed, with the BazaarBaazi Event Heat on the disclosure flow.
USHA MARTIN LIMITED has filed 34 official disclosures recently. The most recent is a Credit rating dated 23 Jul 2026.
Event Heat
47 / 100Copy of Newspaper Publication with respect to the 40th AGM of the Company
Usha Martin Limited has informed the Exchange that the Record date for the purpose of Dividend is 13-Aug-2026.
USHAMART: Usha Martin Limited has informed the Exchange that the 40th Annual General Meeting of the Company is scheduled to be held on 20th August 2026 at 11:30 A.M. (IST).
Intimation sent to shareholders holding shares in physical mode requesting updation of their KYC details
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
Usha Martin Ventures Limited has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
Event Heat is a dated net read of USHA MARTIN LIMITED's last 90 days of official disclosures, balancing the constructive filings against the ones to watch. It is a signal from what the company has filed, not investment advice. Every line above links to its official exchange filing, and the full market desk is at the disclosures hub.
Key fundamentalsEditorial reference
The anchor data BazaarBaazi references when reading the USHAMART chart. Not a substitute for a registered research note.
| Ticker | USHAMART |
|---|---|
| Full name | USHA MARTIN LIMITED |
| Sector | Capital Goods |
| Index class | MID CAP |
| ISIN | INE228A01035 |
| Market-cap band | ~15,267 cr (indicative) |
| Last referenced level | Inside latest show |
| Last session move | Not referenced this cycle |
| Editorial line in | Systematic Read on 21 Jul 2026 |
| Aliases tracked | USHAMART |
Reference chartLevels in show
The daily frame the desk reads on USHAMART.
FAQ14 reader questions · AEO-eligible
The line on USHAMART, distilled and schema-marked for AI Overview, Perplexity, and reader search.
What is the USHAMART share price target for 2026?
BazaarBaazi does not publish a SEBI-registered price target on USHAMART. The desk reads structural support and resistance inside each show against the printed spot; the most recent editorial line is Systematic Read on 21 Jul 2026.
What is BazaarBaazi's Crack Score for USHAMART?
The BazaarBaazi Crack Score for USHAMART is 83 out of 100 as of 25 Jul 2026, a high conviction reading. It is a computed conviction number from the signed stance, how consistent the recent verdicts have been, the quality of the printed structure, and how fresh the review is. It is a transparency signal, not investment advice.
What is the F&O view on USHAMART?
Strike-level option inventory for USHAMART is unavailable, so BazaarBaazi withholds participant, direction and positioning claims. The editorial chart stance is not substituted for an option-chain observation.
What sector is USHAMART in and which peers does BazaarBaazi track?
USHAMART sits in Capital Goods (mid cap), indicative market cap ~15,267 cr (indicative), ISIN INE228A01035. The peers BazaarBaazi reads alongside it are AIA Engineering Limited, Premier Energies Limited, PTC Industries Limited. A systematic, data-only read on USHA MARTIN LIMITED: where it trades versus its 50-day and 200-day lines, the live 52-week range, and momentum, refreshed from the scanner's real price series each run.
How often is the USHAMART view updated?
This page is one evergreen URL refreshed in place. The Crack Score and levels re-compute on every BazaarBaazi end-of-day run, and the dated stamp shows the last refresh. The latest signed verdict on USHAMART is bullish, published in Systematic Read on 21 Jul 2026.
Is USHAMART a qualifying setup on the BazaarBaazi scanner right now?
On the 2026-07-24 run of the 500-name BazaarBaazi setup scanner, USHA MARTIN LIMITED sits in the Near-perfect tier with a setup score of 97/100 (technical 100, fundamental 100). The scanner is a deterministic engine over real OHLCV and official filings, refreshed nightly, and it is a signal rather than investment advice.
Where can I read USHA MARTIN LIMITED's earnings call transcripts?
BazaarBaazi indexes 11 USHAMART earnings calls going back to 2023-11-30, latest 2026-05-31. Every entry on this page links straight to the transcript PDF the company filed with the exchange, so you read management in the primary source.
What was USHA MARTIN LIMITED's Q4 FY26 net profit?
USHA MARTIN LIMITED reported a net profit of Rs 148 cr for Q4 FY26 (the quarter ended 31 March 2026). That is +46.7% year on year. The figure is from the company's official NSE filing.
What was USHA MARTIN LIMITED's Q4 FY26 revenue?
USHA MARTIN LIMITED reported revenue of Rs 979 cr for Q4 FY26. That is +9.3% year on year. The figure is from the company's official NSE filing.
How does BazaarBaazi rate USHA MARTIN LIMITED's Q4 FY26 result?
BazaarBaazi gives USHA MARTIN LIMITED's Q4 FY26 result a Result Pulse of 93 out of 100, with a verdict of Profit acceleration. The Result Pulse is a BazaarBaazi editorial score for the quality of the filed result, not investment advice.
What has Usha Martin Ltd announced recently?
Usha Martin Ltd's two most material recent disclosures are a credit rating dated 23 Jul 2026, "Credit Rating", and an investor meet dated 23 Jul 2026, "Schedule of meet". Both link to the company's own official filing on the BazaarBaazi stock page.
Has Usha Martin Ltd declared a dividend recently?
Yes. Usha Martin Ltd filed a dividend disclosure on 15 Jul 2026, filed as "the Record date for the purpose of Dividend is 13-Aug-2026". Any amount shown is the exchange's own record, linked from the BazaarBaazi stock page. A dividend is a declared payout, not a forecast of future returns.
What did Usha Martin Ltd's latest board meeting cover?
Usha Martin Ltd's most recent board-meeting disclosure on record dated 30 Apr 2026 reads "Board Meeting to be held on 30-Apr-2026 to consider and approve the…". That is the agenda as filed with the exchange, linked from the BazaarBaazi stock page, and BazaarBaazi adds no claim of its own to it.
Has Usha Martin Ltd's credit rating been updated recently?
Usha Martin Ltd filed a credit-rating disclosure on 23 Jul 2026, recorded with the exchange as "Credit Rating". The detail sits in the linked filing on the BazaarBaazi stock page. A rating action is an agency view on debt, separate from the share price.
Related stock views
The names BazaarBaazi reads alongside USHAMART, each a living view refreshed every end-of-day run.