Usha Martin Limited

Global wire rope manufacturer with diverse product range for various industries.

1986 | Kolkata, West Bengal (India) | Active
Last Updated:

Usha Martin Profile

Key Indicators

  • Authorised Capital ₹ 100.00 Cr
  • Paid Up Capital ₹ 30.47 Cr
  • Company Age 38 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 767.82 Cr
  • Satisfied Charges ₹ 14,749.66 Cr

About Usha Martin

Usha Martin Limited (UML) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 May 1986 and has a history of 38 years and nine months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 517146 and on the National Stock Exchange(NSE) under USHAMART.

The Corporate was formerly known as Usha Beltron Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 100.00 Cr and a paid-up capital of Rs 30.47 Cr.

The company currently has active open charges totaling ₹767.82 Cr. The company has closed loans amounting to ₹14,749.66 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Usha Martin Limited India are Abhijit Paul as CFO and Manish Agarwal as Company Secretary. Sethurathnam Ravi, Ramni Nirula, Rajeev Jhawar, and Four other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ushamartin.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L31400WB1986PLC091621

  • Company No.

    091621

  • Stock Symbol

    BSE : 517146 NSE : USHAMART

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 May 1986

  • Date of AGM

    13 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Usha Martin Limited offer?

Usha Martin Limited offers a wide range of products and services, including Marine Tools & Equipments, Marine Fittings, Engineering and Shipping Ropes, Rope, Metal and Alloy Wires, Steel Wire, Steel Bars, Rods, Plates & Sheets, Steel Rods, Hydraulic Jacks, Lifts & Winches, Industrial Jacks.

Who are the key members and board of directors at Usha Martin?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajeev Jhawar Country flag representing In Managing Director19-May-1998Current
Abhijit Paul CFO13-May-2024Current
Manish Agarwal Country flag representing In Company Secretary17-Aug-2024Current

Board Members (6)

NameDesignationAppointment DateStatus
Sethurathnam Ravi Country flag representing In Director 12-Nov-2021Current
Ramni Nirula Country flag representing In Director 14-Jan-2010Current
Venkatachalam Ramakrishnaiyer Country flag representing In Director 04-Nov-2015Current
Vijay Bapna Country flag representing In Director 27-May-2019Current
Sharngbhritprasanna Sharma Country flag representing In Whole-Time Director 02-Apr-2024Current
Tapas Gangopadhyay Country flag representing Sg Director 27-Apr-2023Current

Financial Performance of Usha Martin.

Usha Martin Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a no change in profitability, with a 0% increase in profit. The company's net worth witnessed no change by increase of 0%.

Usha Martin revenue growth over time
Usha Martin profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
Revenue from Operations
Total Assets
Profit or Loss
Net Worth
EBITDA

What is the Ownership and Shareholding Structure of Usha Martin?

In 2023, Usha Martin had a promoter holding of 47.54% and a public holding of 52.47%. The company had 4 Subsidiaries and 2 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹767.82 Cr

Satisfied Charges

₹14,749.66 Cr

Charges Breakdown by Lending Institutions

  • Others : 482.82 Cr
  • State Bank Of India : 285.00 Cr

Latest Charge Details

DateLenderAmountStatus
11 Feb 2023Others₹100.00 CrOpen
15 Oct 2019Others₹41.41 CrOpen
01 Oct 2019Others₹41.41 CrOpen
08 Aug 2019Others₹100.00 CrOpen
26 Apr 2019Others₹100.00 CrOpen

How Many Employees Work at Usha Martin?

Usha Martin has a workforce of 2356 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Usha Martin Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Usha Martin, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Usha Martin's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Usha Martin

Recent activity within the organization

  • Director Appointment

    Manish Agarwal was appointed as a Company Secretary was appointed as a Company Secretary on 17 Aug 2024 & has been associated with this company since 6 months 18 days .

  • Annual General Meeting

    Usha Martin Limited last Annual general meeting of members was held on 13 Aug 2024 as per latest MCA records.

  • Director Appointment

    Abhijit Paul was appointed as a Cfo was appointed as a Cfo on 13 May 2024 & has been associated with this company since 9 months 22 days .

  • Director Appointment

    Sharngbhritprasanna Bhanu Pratapnarayan Sharma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 02 Apr 2024 & has been associated with this company since 11 months 2 days .

  • Balance Sheet

    Usha Martin Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

  • Charges

    A charge with Others of Rs. 41.41 Cr registered on 15 Oct 2019 with Charge ID 100299582 was modified on 17 Nov 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Usha Martin Limited?

    Usha Martin Limited was incorporated on 22 May 1986.

  • What is authorized share capital and paid-up capital of Usha Martin Limited?

    The authorized share capital of Usha Martin Limited is ₹ 100.00 Cr and paid-up capital is ₹ 30.47 Cr.

  • Who are the current board members & directors of Usha Martin Limited?

    Currently 9 directors are associated with Usha Martin Limited.

    • Sethurathnam Ravi
    • Ramni Nirula
    • Rajeev Jhawar
    • Venkatachalam Ramakrishnaiyer
    • Vijay Singh Bapna
    • Sharngbhritprasanna Bhanu Pratapnarayan Sharma
    • Tapas Gangopadhyay
    • Abhijit Paul
    • Manish Agarwal

  • What is the registered address of Usha Martin Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Usha Martin Limited is 2A Shakespear Sarani P S India, Kolkata, West Bengal, 700071.

  • What is the corporate identification number (CIN) and company number of Usha Martin Limited?

    The corporate identification number (CIN) of Usha Martin Limited is L31400WB1986PLC091621 and the company number is 091621 as per Ministry of Corporate Affairs (MCA).

  • Is Usha Martin Limited registered with any stock exchange in India?

    Yes, Usha Martin Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): USHAMART.

  • What is the official website of Usha Martin Limited?

    The Official website of Usha Martin Limited is https://www.ushamartin.com

  • How many employees does Usha Martin Limited currently have?

    As Per 2023 financial reports, 2356 employees are currently employed by Usha Martin Limited.

  • What are the total open charges for Usha Martin Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Usha Martin Limited amount to ₹ 767.82 Cr.

  • When was the last Balance Sheet of Usha Martin Limited filed with the ROC?

    The most recent Balance Sheet for Usha Martin Limited was filed with the ROC on 31 Mar 2024.

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