Usha Martin Limited — Investor Meet, 17-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Usha Martin has announced a board meeting on May 27, 2025, to consider the financial results for the quarter and half-year ended March 31, 2025. FY25 revenue rose 7.7% YoY to INR 3,474 Cr, led by 9.5% volume growth, strong Wire Rope (+9.3%) and Wire (+19.7%) segments. Q4 EBITDA margin was 16% (excluding one-time cost), with consolidated net profit of INR 101 Cr and net debt down to INR 63 Cr. Management is driving integration, cost control, digitalization, and value-added products (71% of Wire Rope revenue). Growth supported by Europe (55% revenue) and Saudi Arabia, plus improving domestic demand. New product innovations include aluminum zinc-coated wire and synthetic slings. FY26 volume growth is expected at 12-15%, with margins improving to 18% via efficiencies and restructuring from Q2. Challenges include tariff and geopolitical risks, but execution focus and working capital gains underpin a confident growth outlook.