Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Usha Martin's share price for the quarter that ended in Mar. 2026 was ₹391.45. Usha Martin's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 304 Mil. Therefore, Usha Martin's market cap for the quarter that ended in Mar. 2026 was ₹119,157 Mil.
Usha Martin's quarterly market cap
increased
from Jun. 2025 (₹111,648 Mil) to Sep. 2025 (₹139,896 Mil) but then
declined
from Sep. 2025 (₹139,896 Mil) to Mar. 2026 (₹119,157 Mil).
Usha Martin's annual market cap
increased
from Mar. 2024 (₹96,984 Mil) to Mar. 2025 (₹102,740 Mil) and
increased
from Mar. 2025 (₹102,740 Mil) to Mar. 2026 (₹119,157 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Usha Martin's Enterprise Value for Today is ₹140,519 Mil.
Usha Martin (NSE:USHAMART) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Usha Martin Market Cap Related Terms
Usha Martin Market Cap Historical Data
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The historical data trend for Usha Martin's Market Cap 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: Market Cap Comparison
For the Steel subindustry, Usha Martin's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Usha Martin's Market Cap distribution charts can be found below:
* The bar in red indicates where Usha Martin's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Usha Martin's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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 Market Cap of ₹143,844 Mil as of Jun. 27, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Usha Martin and its competitors. According to the industry distribution chart, Usha Martin ranks #88 out of 643 companies in the Steel industry, placing it in the top 13.7%.
Is Usha Martin's Market Cap too high?
Usha Martin's current Market Cap is ₹143,844 Mil. Based on the distribution chart, Usha Martin ranks #88 out of 643 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 Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #88 out of 643 companies for Market Cap. This places Usha Martin in the top 14% of its industry — outperforming the majority of peers. The industry median Market Cap is 99.85. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 99.85, based on 643 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Usha Martin and its competitors. For the Steel industry, the median Market Cap is 99.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current Market Cap is ₹143,844 Mil. 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 ₹418.01, compared to a current price of ₹473.10 — trading 13.2% above its estimated fair value. The current Market Cap is ₹143,844 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Usha Martin (NSE:USHAMART), the current Market Cap is ₹143,844 Mil as of Jun. 27, 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 13.2% above its estimated GF Value™ of ₹418.01.
GuruFocus considers Usha Martin to be Modestly Overvalued.
Key valuation signals for NSE:USHAMART:
Market Cap: ₹143,844 Mil
GF Value™: ₹418.01 vs. price of ₹473.10 (13.2% above fair value)
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
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