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 Mar. 2026 was 0.00.
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: 0.18 Max: 0.24
Current: 0.24
During the past 13 years, the highest Dividend Payout Ratio of Usha Martin was 0.24. The lowest was 0.17. And the median was 0.18.
NSE:USHAMART's Dividend Payout Ratio is ranked better than 69% of 271
companies
in the Steel industry
Industry Median: 0.39
vs NSE:USHAMART: 0.24
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.
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.
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
* 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 Dividend Payout Ratio of 0.00 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Usha Martin and its competitors. Over the past decade, Usha Martin's Dividend Payout Ratio has ranged from 0.17 to 0.24. According to the industry distribution chart, Usha Martin ranks #84 out of 271 companies in the Steel industry, placing it in the top 31%.
Is Usha Martin's Dividend Payout Ratio too high?
Usha Martin's current Dividend Payout Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 0.24. Based on the distribution chart, Usha Martin ranks #84 out of 271 companies in the Steel industry, which is above the industry midpoint. 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 Dividend Payout Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Usha Martin ranks #84 out of 271 companies for Dividend Payout Ratio. This puts Usha Martin in the upper half of its industry. The industry median Dividend Payout Ratio is 0.39. Historically, Usha Martin's own Dividend Payout Ratio has ranged from 0.17 to 0.24 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for a Steel company?
The median Dividend Payout Ratio among Steel companies is 0.39, based on 271 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio 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 Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on Usha Martin and its competitors. For the Steel industry, the median Dividend Payout Ratio is 0.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usha Martin's current Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio is 0.00. 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 Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For Usha Martin (NSE:USHAMART), the current Dividend Payout Ratio is 0.00 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 13.2% above its estimated GF Value™ of ₹418.01.
GuruFocus considers Usha Martin to be Modestly Overvalued.
Key valuation signals for NSE:USHAMART:
Dividend Payout Ratio: 0.00
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
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.
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