Usha Martin (NSE:USHAMART) Dividend Payout Ratio: (As of Jun. 2026)

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NSE:USHAMART Usha Martin Ltd NSE:USHAMART
84 GF Score
Price ₹507.20
GF Value ₹437.73
Valuation Modestly Overvalued
! 2 Warning Signs
View Full Analysis

What is Usha Martin Dividend Payout Ratio?

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. Usha Martin's Dividend Payout Ratio for the months ended in Jun. 2026 was .

The historical rank and industry rank for Usha Martin's Dividend Payout Ratio or its related term are showing as below:

NSE:USHAMART' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.19   Max: 0.22
Current: 0.22

During the past 13 years, the highest Dividend Payout Ratio of Usha Martin was 0.22. The lowest was 0.17. And the median was 0.19.

NSE:USHAMART's Dividend Payout Ratio is ranked better than
67.3% of 263 companies
in the Steel industry
Industry Median: 0.34 vs NSE:USHAMART: 0.22

As of today (2026-09-21), the Dividend Yield % of Usha Martin is 0.74%.

During the past 13 years, the highest Trailing Annual Dividend Yield of Usha Martin was 1.64%. The lowest was 0.56%. And the median was 0.74%.

Usha Martin's Dividends per Share for the months ended in Jun. 2026 was ₹.

During the past 12 months, Usha Martin's average Dividends Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 14.50% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of Usha Martin was 71.00% per year. The lowest was -46.90% per year. And the median was -12.60% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

Usha Martin (NSE:USHAMART) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

Usha Martin Dividend Payout Ratio Related Terms

Usha Martin Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for Usha Martin's Dividend Payout Ratio 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.

Usha Martin Dividend Payout Ratio Chart

Usha Martin Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.21 0.22 0.20 0.23 0.24

Usha Martin Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Dividend Payout Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.78 -

NSE:USHAMART vs NUE, STLD, RS: Dividend Payout Ratio Comparison

For the Steel subindustry, Usha Martin's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Usha Martin's Dividend Payout Ratio distribution charts can be found below:

* The bar in red indicates where Usha Martin's Dividend Payout Ratio falls into.


NSE:USHAMART
84GF Score
Usha Martin Ltd NSE:USHAMART
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Usha Martin Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

Usha Martin's Dividend Payout Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Mar. 2026 )/ EPS without NRI (A: Mar. 2026 )
=3.75/ 15.653318032073
=0.24

Usha Martin's Dividend Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Jun. 2026 )/ EPS without NRI (Q: Jun. 2026 )
=/ 4.658770797205
=0.00

* 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.

Is Usha Martin (NSE:USHAMART) Overvalued in 2026?

Based on GuruFocus' analysis, Usha Martin stock appears to be overvalued. The current stock price of ₹507.20 is trading 15.9% above its estimated GF Value™ of ₹437.73. GuruFocus considers Usha Martin to be Modestly Overvalued.

Key valuation signals for NSE:USHAMART:

  • Dividend Payout Ratio:
  • GF Value™: ₹437.73 vs. price of ₹507.20 (15.9% above fair value)
  • GF Score™: 84/100 with 2 warning signs

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 Business Description

Other Exchanges 517146:India
Address 2A, Shakespeare Sarani, Mangal Kalash, Kolkata, WB, IND, 700 071
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.
84GF Score

Get the complete analysis for NSE:USHAMART

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹507.20
Price
₹437.73
GF Value