BazaarBaazi

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.
Crack Score
83/ 100
High conviction

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.

Near-perfect97 /100 setup score

One directional side cleared its price-structure, filed-evidence and signed money-flow gates with no blocking red flag.

Technical axis

100/100

Fundamental axis

100/100

Money flow

81/100

Result pulse · Q4 FY26

93/100

Named 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)

32.4

P/E vs sector

+0.6%

Sector percentile

26

PEG

0.69

Growth gap

+20.9%

P/E vs own history

+2.2%

The engine's trade frame

Entry zone

496.4

Stop

473.1

Target 1

543.0

Target 2

566.3

Risk / reward

4.7% risk · 2.0R

Scanner 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.

Open the full 500-name Setup Scan.

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.

Editorial stanceLatest signed stance is bullish.+18
History consistency4 of the last 6 published verdicts held the same stance.+5
Structure qualityNo clean spot was printed in the latest note; levels are read inside the show.0
FreshnessThe desk last reviewed 4 days ago.+4
Conviction horizonThe latest read is framed on a swing horizon.+6

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.

Editorial directionBullish
Horizonswing

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.

Q4 FY26 · ended 31 Mar 2026Consolidated, audited · filed with NSE on 30 Apr 2026

Result Pulse

93 / 100

Revenue

Rs 979 cr

Net profit

Rs 148 cr

EPS (quarter)

Rs 4.85
GrowthYoYQoQ
Revenue+9.3%+6.8%
Net profit+46.7%+37.5%
Net margin+15.1%
What BazaarBaazi readsProfit acceleration
SourceOfficial NSE filing (XBRL)

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.

See every Q4 result the desk has read.

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.

QuarterRevenueEPSPAT YoYPulseSource
Q4 FY26ended 31 Mar 2026 / Consolidated, auditedRs 979 crRs 4.85n/an/aFiling
Q3 FY26ended 31 Dec 2025 / Consolidated, auditedRs 917 crRs 3.53n/a50/100Filing
Q2 FY26ended 30 Sep 2025 / Consolidated, auditedRs 908 crRs 3.61n/a50/100Filing
Q1 FY26ended 30 Jun 2025 / Consolidated, auditedRs 887 crRs 3.31n/a50/100Filing
Q4 FY25ended 31 Mar 2025 / Consolidated, auditedRs 896 crRs 3.32n/a50/100Filing
Q3 FY25ended 31 Dec 2024 / Consolidated, auditedRs 861 crRs 3.04n/an/aFiling
Q2 FY25ended 30 Sep 2024 / Consolidated, auditedRs 891 crRs 3.59n/an/aFiling
Q1 FY25ended 30 Jun 2024 / Consolidated, auditedRs 826 crRs 3.42n/an/aFiling
Q4 FY24ended 31 Mar 2024 / Consolidated, auditedRs 829 crRs 3.49n/an/aFiling
Q3 FY24ended 31 Dec 2023 / Consolidated, auditedRs 797 crRs 3.53n/an/aFiling
Q2 FY24ended 30 Sep 2023 / Consolidated, auditedRs 785 crRs 3.59n/an/aFiling
Q1 FY24ended 30 Jun 2023 / Consolidated, auditedRs 814 crRs 3.31n/an/aFiling
Q4 FY23ended 31 Mar 2023 / Consolidated, auditedRs 855 crRs 3.46n/an/aFiling
Q3 FY23ended 31 Dec 2022 / Consolidated, auditedRs 834 crRs 2.76n/an/aFiling
Q2 FY23ended 30 Sep 2022 / Consolidated, auditedRs 820 crRs 2.59n/an/aFiling
Q1 FY23ended 30 Jun 2022 / Consolidated, auditedRs 759 crRs 2.69n/an/aFiling
Q4 FY22ended 31 Mar 2022 / Consolidated, auditedRs 767 crRs 3.57n/an/aFiling
Q3 FY22ended 31 Dec 2021 / Consolidated, auditedRs 712 crRs 2.20n/an/aFiling
Q2 FY22ended 30 Sep 2021 / Consolidated, auditedRs 594 crRs 1.89n/an/aFiling
Q1 FY22ended 30 Jun 2021 / Consolidated, auditedRs 615 crRs 1.90n/an/aFiling
Q4 FY21ended 31 Mar 2021 / Consolidated, auditedRs 653 crRs 2.23n/an/aFiling
Q3 FY21ended 31 Dec 2020 / Consolidated, auditedRs 550 crRs 1.23n/an/aFiling
Q2 FY21ended 30 Sep 2020 / Consolidated, auditedRs 518 crRs 1.19n/an/aFiling
Q1 FY21ended 30 Jun 2020 / Consolidated, auditedRs 376 crRs 0.27n/an/aFiling
Q4 FY20ended 31 Mar 2020 / Consolidated, auditedRs 515 crRs 0.01n/an/aFiling
Q3 FY20ended 31 Dec 2019 / Consolidated, auditedRs 537 crRs 0.22n/an/aFiling
Q2 FY20ended 30 Sep 2019 / Consolidated, auditedRs 538 crRs 0.96n/an/aFiling
Q1 FY20ended 30 Jun 2019 / Consolidated, auditedRs 560 crRs 12.56n/an/aFiling
Q4 FY19ended 31 Mar 2019 / Consolidated, auditedRs 627 crRs 1.57n/an/aFiling
Q3 FY19ended 31 Dec 2018 / Consolidated, auditedRs 615 crRs -1.23n/an/aFiling
Q2 FY19ended 30 Sep 2018 / Consolidated, auditedRs 631 crRs 0.84n/an/aFiling
Q1 FY19ended 30 Jun 2018 / Consolidated, auditedRs 1,384 crRs 0.39n/an/aFiling

Open the covered-name earnings calendar.

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 cr

Net profit (TTM)

466 cr

EBIT (TTM)

641 cr

Profit before tax (TTM)

621 cr

Net margin (TTM)

12.6%

Finance costs (TTM)

19.6 cr

Balance sheet, as filed 2026-03-31

Total assets

4,212 cr

Shareholder equity

3,302 cr

Total borrowings

146 cr

Cash and equivalents

242 cr

Inventory

958 cr

Trade receivables

643 cr

The cash engine, latest filed year

Operating cash flow

655 cr

Capex

198 cr

Free cash flow

457 cr

Investing flow

-367 cr

Financing flow

-321 cr

Annual trail, filed year over filed year

YearRevenueNet profitEquityBorrowingsCFO
FY263,691 cr466 cr3,302 cr146 cr655 cr
FY253,474 cr406 cr2,752 cr338 cr422 cr
FY243,225 cr424 cr2,384 cr298 cr444 cr
FY233,268 cr351 cr2,035 cr355 cr252 cr
FY222,688 cr291 cr1,697 cr366 cr159 cr
FY212,097 cr152 cr1,407 cr423 crn/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

31 May 2026Quarter ended Q4FY26Transcript PDF
28 Feb 2026Earnings callTranscript PDF
30 Nov 2025Earnings callTranscript PDF
31 Aug 2025Quarter ended Q1FY26Transcript PDF
31 Aug 2025Quarter ended Q1FY26Transcript PDF
31 May 2025Quarter ended Q4FY25Transcript PDF
28 Feb 2025Earnings callTranscript PDF
30 Nov 2024Earnings callTranscript PDF
Show 3 older calls
31 Aug 2024Quarter ended Q1FY25Transcript PDF
29 Feb 2024Earnings callTranscript PDF
30 Nov 2023Earnings callTranscript PDF

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 / 100
23 Jul 2026
Credit ratingWatch

Credit Rating

Filing
23 Jul 2026
Investor meetRoutine

Schedule of meet

Filing
16 Jul 2026
AGM / EGMRoutine

Copy of Newspaper Publication with respect to the 40th AGM of the Company

Filing
15 Jul 2026
DividendRoutine

Usha Martin Limited has informed the Exchange that the Record date for the purpose of Dividend is 13-Aug-2026.

Filing
15 Jul 2026
AGM / EGMRoutine

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).

Filing
13 Jul 2026
Press releaseWatch

Intimation sent to shareholders holding shares in physical mode requesting updation of their KYC details

Filing
09 Jul 2026
RegulatoryWatch

Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018

Filing
06 Jul 2026
M&AWatch

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.

Filing
Event Heat47 / 100 · Balanced

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.

See what changed across the whole market.

Key fundamentalsEditorial reference

The anchor data BazaarBaazi references when reading the USHAMART chart. Not a substitute for a registered research note.

TickerUSHAMART
Full nameUSHA MARTIN LIMITED
SectorCapital Goods
Index classMID CAP
ISININE228A01035
Market-cap band~15,267 cr (indicative)
Last referenced levelInside latest show
Last session moveNot referenced this cycle
Editorial line inSystematic Read on 21 Jul 2026
Aliases trackedUSHAMART

Reference chartLevels in show

The daily frame the desk reads on USHAMART.

Chart frame not yet rendered for USHAMART. The desk references levels inline inside each show.
Structural levels are read inside the latest show.

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.

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