Usha MartinNSE:USHAMART +1.57%79 EBITDA Margin % is 24.42% as of Mar. 2026, which is 35% above its 10-year median of 18.08. GuruFocus rates NSE:USHAMART with a GF Score™ of 79/100 and a GF Value™ of ₹418.33 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 615 Steel companies, Usha Martin ranks better than 89.76% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Usha Martin's EBITDA for the
three
months ended in Mar. 2026 was ₹2,391 Mil. Usha Martin's Revenue for the
three
months ended in Mar. 2026 was ₹9,793 Mil. Therefore, Usha Martin's EBITDA margin for the quarter that ended in Mar. 2026 was 24.42%.
Usha Martin (NSE:USHAMART) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Usha Martin EBITDA Margin % Related Terms
Usha Martin EBITDA Margin % Historical Data
* Premium members only.
The historical data trend for Usha Martin's EBITDA Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:USHAMART vs NUE, STLD, RS: EBITDA Margin % Comparison
For the Steel subindustry, Usha Martin's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Usha Martin EBITDA Margin % vs Steel Industry
For the Steel industry and Basic Materials sector, Usha Martin's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Usha Martin's EBITDA Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Usha Martin (NSE:USHAMART) has a EBITDA Margin % of 24.42% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Usha Martin and its competitors. This is 35% above median its historical median of 18.08. Over the past decade, Usha Martin's EBITDA Margin % has ranged from 12.76 to 26.30. According to the industry distribution chart, Usha Martin ranks #63 out of 615 companies in the Steel industry, placing it in the top 10.2%.
Is Usha Martin's EBITDA Margin % too high?
Usha Martin's current EBITDA Margin % of 24.42% is 35% above median its 10-year median of 18.08. Over the past 10 years, this metric has ranged from a low of 12.76 to a high of 26.30. The Steel industry median EBITDA Margin % is 6.11. Usha Martin's value of 24.42% is 299.7% above this industry median. Based on the distribution chart, Usha Martin ranks #63 out of 615 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Usha Martin has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Usha Martin's EBITDA Margin % compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #63 out of 615 companies for EBITDA Margin %. This places Usha Martin in the top 10% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 6.11. Usha Martin's value of 24.42% is 299.7% above this benchmark. Historically, Usha Martin's own EBITDA Margin % has ranged from 12.76 to 26.30 over the past decade. While the company's 10-year median is 18.08 vs. the industry median of 6.11, Usha Martin has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Steel company?
The median EBITDA Margin % among Steel companies is 6.11, based on 615 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Usha Martin's current EBITDA Margin % of 24.42% is 299.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Usha Martin and its competitors. For the Steel industry, the median EBITDA Margin % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current EBITDA Margin % is 24.42%, which is 35% above median its own 10-year median of 18.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usha Martin stock overvalued right now?
Based on GuruFocus' analysis, Usha Martin (NSE:USHAMART) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹418.33, compared to a current price of ₹473.10 — trading 13.1% above its estimated fair value. The current EBITDA Margin % is 24.42%, which is 35% above median its 10-year median of 18.08 and 299.7% above the Steel industry median of 6.11. Usha Martin's overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Usha Martin (NSE:USHAMART), the current EBITDA Margin % is 24.42% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Usha Martin (NSE:USHAMART) Overvalued in 2026?
Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued.
The current stock price of ₹473.10 is trading 13.1% above its estimated GF Value™ of ₹418.33.
GuruFocus considers Usha Martin to be Modestly Overvalued.
Key valuation signals for NSE:USHAMART:
EBITDA Margin %: 24.42% (35% above median its 10-year median of 18.08)
GF Value™: ₹418.33 vs. price of ₹473.10 (13.1% above fair value)
Industry Position: 299.7% above the Steel median (#63 of 615)
No single metric tells the full story. See the NSE:USHAMART stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Usha Martin Ltd is engaged in the business of the production of wire rope. The company's operating segment includes Wire and wire ropes and others. It generates maximum revenue from the Wire and wire ropes segment. The wire and wire ropes segment manufactures and sells steel wires, strands, wire ropes, cords, related accessories, and others. Its Others segment includes the manufacturing and selling of wire drawing and allied machines and corporate office. Geographically, it derives a majority of revenue from India and also has its presence outside India.
79GF Score
Get the complete analysis for NSE:USHAMART
EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:USHAMART has been successfully added to your 
