Usha Martin Limited — PPTs, 29-01-2025: Investor Presentation

**Financial Highlights:** Usha Martin reported consolidated revenue from operations of ₹860.5 crore for Q3 FY25, marking an 8.0% year-on-year growth. Operating EBITDA stood at ₹142.7 crore, with a margin of 16.6%, down from 19.7% in Q3 FY24 due to softer market conditions. The company faced a PAT of ₹92.3 crore, compared to ₹107.5 crore in the previous year, impacted by several one-time adjustments.

**Strategic Initiatives and Growth Drivers:** The firm continues to leverage its ‘One Usha Martin’ initiative, aimed at integrating global operations and optimizing costs, which is expected to enhance operational efficiencies in the long run. The focus is on centralizing procurement, improving logistics, and optimizing manufacturing processes.

**Business Developments:** The wire rope segment remains the dominant contributor, making up 73% of revenues, while international operations posted an 11% year-on-year growth.

**Market Position and Competitive Advantage:** Usha Martin maintains a diversified customer base across various sectors and geographies, bolstering its resilience amid challenging global conditions.

**Investor Implications:** While the current environment poses risks, the company’s structural transformations position it for potential recovery and growth, signaling a positive outlook for stakeholders as it enhances efficiency and expands its market presence.