Usha Martin

Usha Martin Interest Coverage

The Interest Coverage Ratio of Usha Martin (USHAMART.NS) as of Oct 23, 2026 is 26.78. In the previous year, Interest Coverage Ratio was 33.16 — a change of -19.25% (lower).

Interest Coverage

26.78

YoY

-19.25%

Last updated:

Interest Coverage Ratio of Usha Martin is 2025 26.78 . Interest Coverage Ratio of Usha Martin was 2024 33.16 . It decreases by -19.25% lower compared to the previous year.

The Usha Martin Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
7.03 INR
Jan 1, 2019
6.92 INR
Jan 1, 2020
11.51 INR
Jan 1, 2021
12.97 INR
Jan 1, 2022
25.42 INR
Jan 1, 2023
18.40 INR
Jan 1, 2024
33.16 INR
Jan 1, 2025
26.78 INR
The Usha Martin Interest Coverage history
YEARInterest CoverageYoY
26.78-19.25%
33.16+80.18%
18.40-27.61%
25.42+96.05%
12.97+12.63%
11.51+66.44%
6.92-1.54%
7.03+131.17%
3.04-4.01%
3.17-30.86%
4.58-15.11%
5.39—

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Usha Martin Stock analysis

What does Usha Martin do? Usha Martin Ltd. generates revenue through the manufacturing and sale of wire ropes and steel products. The Wire and Wire ropes segment produces steel wires, strands, wire ropes, cord, and related accessories, including crane rope, mining rope, elevator rope, oil and offshore rope, fishing rope, general engineering rope, aerial transportation rope, structural rope, and conveyor rope. The Others segment focuses on jelly filled and optical fiber telecommunication cables. The company targets industrial clients requiring specialized steel solutions, such as mining, construction, and offshore sectors, for their infrastructure and operational needs. The firm's LRPC strands products, including unbonded polymer coated LRPC strand, bonded polymer coated LRPC strand, and compacted LRPC strand, cater to construction and civil engineering applications. These products are sold to customers in the building, infrastructure, and energy sectors. Usha Martin Ltd. also offers bespoke end-fitments and accessories for wire rope systems, enhancing its product range for specific industry demands. Wire and Wire ropes form the primary revenue stream, with the Others segment contributing to diversified income. The company's product portfolio serves both domestic and international markets, though specific market segments are not detailed in the description. Customers include industrial firms requiring high-strength steel solutions for heavy-duty applications. Usha Martin is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Usha Martin stock

Interest Coverage Ratio of Usha Martin is 26.78 in 2025.

Interest Coverage Ratio of Usha Martin changed from 33.16 to 26.78, representing a -19.25% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Usha Martin since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Usha Martin with sector peers and the industry average to assess whether it is attractive.

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Leverage — Usha Martin

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