Integrated Filing — IndAS


General information about company
Scrip Code 517146
NSE Symbol USHAMART
MSEI Symbol NOTLISTED
ISIN INE228A01035
Name of company USHA MARTIN LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter Fourth quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Wire & Wire Rope
Start date and time of board meeting 12-May-2025   12:30:00
End date and time of board meeting 12-May-2025   14:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2025-01-29
Indicate Company website link for updated RPT policy of the Company https://ushamartin.com/upload/investorrelations/policy-on-materiality-and-for-dealing-with-related-party-transactions-2025-05-04.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not defaulted in the repayment of any loans. Furthermore, the Company does not have any debt securities outstanding; accordingly, the question of default on debt securities does not arise.



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 5441600000 21710600000
Other income 230000000 413800000
Total income 5671600000 22124400000
2 Expenses
(a) Cost of materials consumed 3037100000 11897900000
(b) Purchases of stock-in-trade 27700000 91500000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -1800000 -133500000
(d) Employee benefit expense 412100000 1653500000
(e) Finance costs 34100000 113700000
(f) Depreciation, depletion and amortisation expense 129600000 471900000
(f) Other Expenses
1 Other expenses 967400000 3982100000
Total other expenses 967400000 3982100000
Total expenses 4606200000 18077100000
3 Total profit before exceptional items and tax 1065400000 4047300000
4 Exceptional items 0 0
5 Total profit before tax 1065400000 4047300000
6 Tax expense
7 Current tax 186300000 890900000
8 Deferred tax 96700000 134300000
9 Total tax expenses 283000000 1025200000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 782400000 3022100000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 782400000 3022100000
17 Other comprehensive income net of taxes -15500000 -15100000
18 Total Comprehensive Income for the period 766900000 3007000000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 305200000 305200000
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve 15002000000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.57 9.92
Diluted earnings (loss) per share from continuing operations 2.57 9.92
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.57 9.92
Diluted earnings (loss) per share from continuing and discontinued operations 2.57 9.92
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 7017700000
Capital work-in-progress 704400000
Investment property 0
Goodwill 0
Other intangible assets 47400000
Intangible assets under development 7400000
Biological assets other than bearer plants 0
Investments accounted for using equity method 0
Non-current financial assets
Non-current investments 1509400000
Trade receivables, non-current 0
Loans, non-current 29500000
Other non-current financial assets 169400000
Total non-current financial assets 1708300000
Deferred tax assets (net) 0
Other non-current assets 1011800000
Total non-current assets 10497000000
2 Current assets
Inventories 3439900000
Current financial asset
Current investments 0
Trade receivables, current 2660400000
Cash and cash equivalents 1463300000
Bank balance other than cash and cash equivalents 6100000
Loans, current 57600000
Other current financial assets 1052400000
Total current financial assets 5239800000
Current tax assets (net) 0
Other current assets 541800000
Total current assets 9221500000
3 Non-current assets classified as held for sale 79200000
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 19797700000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 305200000
Other equity 15002000000
Total equity attributable to owners of parent 15307200000
Non controlling interest
Total equity 15307200000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 711900000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0
Total Trade payable 0
Other non-current financial liabilities 25000000
Total non-current financial liabilities 736900000
Provisions, non-current 264500000
Deferred tax liabilities (net) 215800000
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 1217200000
Current liabilities
Current financial liabilities
Borrowings, current 517500000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 106300000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 1000900000
Total Trade payable 1107200000
Other current financial liabilities 459700000
Total current financial liabilities 2084400000
Other current liabilities 848600000
Provisions, current 84000000
Current tax liabilities (Net) 256300000
Deferred government grants, Current 0
Total current liabilities 3273300000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 4490500000
Total equity and liabilites 19797700000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Jan-2025 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Jan-2025 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not be reclassified to profit or loss -20700000 -20100000
Total Amount of items that will not be reclassified to profit and loss -20700000 -20100000
2 Income tax relating to items that will not be reclassified to profit or loss -5200000 -5000000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0 0
5 Total Other comprehensive income -15500000 -15100000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 2024-04-01
B Date of end of reporting period 2025-03-31
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 4047300000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 113700000
Adjustments for decrease (increase) in inventories -332500000
Adjustments for decrease (increase) in trade receivables, current 195200000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -5100000
Adjustments for decrease (increase) in other non-current assets -9000000
Adjustments for other financial assets, non-current -2100000
Adjustments for other financial assets, current -114000000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 122700000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities -46400000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 471900000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 7900000
Adjustments for provisions, non-current -38300000
Adjustments for other financial liabilities, current -102900000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains -3800000
Adjustments for dividend income 58000000
Adjustments for interest income 58600000
Adjustments for share-based payments 3800000
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 5900000
Other adjustments to reconcile profit (loss) 0
Other adjustments for non-cash items -197600000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0
Total adjustments for reconcile profit (loss) -47200000
Net cash flows from (used in) operations 4000100000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 867700000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 3132400000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment 108900000
Purchase of property, plant and equipment 1342600000
Proceeds from sales of investment property 0
Purchase of investment property 0
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 0
Cash receipts from repayment of advances and loans made to other parties 53000000
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 58000000
Interest received 60400000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 700000
Net cash flows from (used in) investing activities -1061600000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 65200000
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 0
Repayments of borrowings 90800000
Payments of lease liabilities 7400000
Dividends paid 838000000
Interest paid 152000000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities -1153400000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 917400000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 917400000
Cash and cash equivalents cash flow statement at beginning of period 545900000
Cash and cash equivalents cash flow statement at end of period 1463300000







Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 S.R. Batliboi & Co. LLP Yes 31-Jul-2027


Financial details
Sr. Particulars Audited Figures (as reported before adjusting for qualifications) Adjusted Figures (audited figures after adjusting for qualifications)
1 Turnover / Total income
2 Total Expenditure
3 Net Profit/(Loss)
4 Earnings Per Share
5 Total Assets
6 Total Liabilities
7 Net Worth




Signatories detail
Name of CEO / Managing director
Name of CFO
Name of audit committee chairman
Name of statutory auditor
Name of other signatory, if any, with designation
Place
Date



Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity /subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 USHA MARTIN LIMITED Brunton Wire Ropes FZCO Wholly owned subsidiary Any other transaction Recovery of Management & Other Services 12500000 Omnibus Approval 1693000 398190000 279556000
2 USHA MARTIN LIMITED Brunton Wire Ropes FZCO Wholly owned subsidiary Any other transaction Recovery of expenses 5000000 Omnibus Approval 2175000 398190000 279556000
3 USHA MARTIN LIMITED Brunton Wire Ropes FZCO Wholly owned subsidiary Any other transaction Reimbursement of expenses 2000000 Omnibus Approval 343000 398190000 279556000
4 USHA MARTIN LIMITED Brunton Wire Ropes FZCO Wholly owned subsidiary Sale of goods or services 2550000000 Omnibus Approval 666215000 398190000 279556000
5 USHA MARTIN LIMITED Gustav Wolf Speciality Cords Limited Wholly owned subsidiary Sale of goods or services 375000000 Omnibus Approval 118209000 44390000 0
6 USHA MARTIN LIMITED Pengg Usha Martin Wires Private Ltd. Joint Venture entity of the Company Sale of goods or services 100000000 Omnibus Approval 42029000 0 0
7 USHA MARTIN LIMITED Pengg Usha Martin Wires Private Ltd. Joint Venture entity of the Company Purchase of goods or services 2000000 Omnibus Approval 250000 0 0
8 USHA MARTIN LIMITED Pengg Usha Martin Wires Private Ltd. Joint Venture entity of the Company Any other transaction Reimbursement of expenses 3000000 Omnibus Approval 382000 0 0
9 USHA MARTIN LIMITED Pengg Usha Martin Wires Private Ltd. Joint Venture entity of the Company Any other transaction Recovery of expenses 7500000 Omnibus Approval 1390000 0 0
10 USHA MARTIN LIMITED UM Cables Ltd. Wholly owned subsidiary Interest received 20000000 Omnibus Approval 2813000 34846000 6591000
11 USHA MARTIN LIMITED UM Cables Ltd. Wholly owned subsidiary Any other transaction Repayment of Loan Approval by Audit Committee is not applicable 30000000 50000000 20000000
12 USHA MARTIN LIMITED UM Cables Ltd. Wholly owned subsidiary Any other transaction Recovery of Management & Other Services 30000000 Omnibus Approval 5577000 34846000 6591000
13 USHA MARTIN LIMITED UM Cables Ltd. Wholly owned subsidiary Any other transaction Recovery of expenses 20000000 Omnibus Approval 2027000 34846000 6591000
14 USHA MARTIN LIMITED Usha Martin Americas Inc. Wholly owned subsidiary Any other transaction Recovery of Management & Other Services 2500000 Omnibus Approval 731000 240517000 144060000
15 USHA MARTIN LIMITED Usha Martin Americas Inc. Wholly owned subsidiary Sale of goods or services 2160000000 Omnibus Approval 552577000 240517000 144060000
16 USHA MARTIN LIMITED Usha Martin Americas Inc. Wholly owned subsidiary Any other transaction Recovery of expenses 60000000 Omnibus Approval 406000 240517000 144060000
17 USHA MARTIN LIMITED Usha Martin Australia Pty Ltd. Step down wholly owned subsidiary Sale of goods or services 100000000 Omnibus Approval 36572000 56661000 35076000
18 USHA MARTIN LIMITED Usha Martin International Limited Wholly owned subsidiary Any other transaction Recovery of Management & Other Services & expenses 15000000 Omnibus Approval 5458000 2255000 -7440000
19 USHA MARTIN LIMITED Usha Martin International Limited Wholly owned subsidiary Any other transaction Receiving of Research and Development Services 65000000 Omnibus Approval 25091000 2255000 -7440000
20 USHA MARTIN LIMITED Usha Martin Singapore Pte Ltd. Wholly owned subsidiary Any other transaction Recovery of Management & Other Services 12500000 Omnibus Approval 967000 627582000 595481000
21 USHA MARTIN LIMITED Usha Martin Singapore Pte Ltd. Wholly owned subsidiary Any other transaction Reimbursement of expenses 14000000 Omnibus Approval 598000 627582000 595481000
22 USHA MARTIN LIMITED Usha Martin Singapore Pte Ltd. Wholly owned subsidiary Any other transaction Recovery of expenses 3000000 Omnibus Approval 1603000 627582000 595481000
23 USHA MARTIN LIMITED Usha Martin Singapore Pte Ltd. Wholly owned subsidiary Sale of goods or services 1500000000 Omnibus Approval 594666000 627582000 595481000
24 USHA MARTIN LIMITED Usha Martin UK Limited Wholly owned subsidiary Sale of goods or services 3000000000 Omnibus Approval 1009924000 556975000 613965000
25 USHA MARTIN LIMITED De Ruiter Staalkabel B.V. Step down wholly owned subsidiary Sale of goods or services 750000000 Omnibus Approval 262830000 250320000 136821000
26 USHA MARTIN LIMITED Usha Martin Europe BV Step down wholly owned subsidiary Sale of goods or services 300000000 Omnibus Approval 4880000 0 4971000
27 USHA MARTIN LIMITED Usha Siam Steel Industries Public Company Ltd. Subsidiary Interest received 9000000 Omnibus Approval 1924000 102063000 53290000
28 USHA MARTIN LIMITED Usha Siam Steel Industries Public Company Ltd. Subsidiary Any other transaction Repayment of Loan 35000000 Omnibus Approval 9220000 55439000 46219000
29 USHA MARTIN LIMITED Usha Siam Steel Industries Public Company Ltd. Subsidiary Any other transaction Recovery of Management & Other Services 18000000 Omnibus Approval 1053000 102063000 53290000
30 USHA MARTIN LIMITED Usha Siam Steel Industries Public Company Ltd. Subsidiary Any other transaction Recovery of expenses 15000000 Omnibus Approval 2370000 102063000 53290000
31 USHA MARTIN LIMITED Usha Siam Steel Industries Public Company Ltd. Subsidiary Sale of goods or services 100000000 Omnibus Approval 6472000 102063000 53290000
32 USHA MARTIN LIMITED Usha Martin Foundation Trust through which voluntary CSR activities are carried out Any other transaction Contribution for voluntary CSR spending 28000000 Omnibus Approval 15000000 0 0
33 USHA MARTIN LIMITED Usha Martin Employees Provident Fund Employees Provident Fund Trust Any other transaction Contribution to Employees Provident Fund Approved Employees Provident Fund 27896000 14424000 15957000
34 USHA MARTIN LIMITED Rajeev Jhawar Managing Director of the Company Remuneration 350000000 Approval in place 123628000 0 0
35 USHA MARTIN LIMITED Rajeev Jhawar Managing Director of the Company Any other transaction Continuing Personal Guarantee to Lenders (credit exposure) This is a continuing Personal Guarantee to Lenders and the diference is due to the change in credit exposure of the Company -15516000 394371000 378855000
36 USHA MARTIN LIMITED Usha Martin UK Limited Wholly owned subsidiary Purchase of goods or services 10000000 Omnibus Approval 3741000 556975000 613965000
37 USHA MARTIN LIMITED Usha Martin UK Limited Wholly owned subsidiary Any other transaction Recovery of expenses 70000000 Omnibus Approval 10927000 556975000 613965000
38 USHA MARTIN LIMITED Bruntun Wire Ropes Industrial Company Limited Subsidiary Sale of goods or services 350000000 Omnibus Approval 43400000 0 36530000
39 Brunton Wire Ropes FZCo. Usha Martin UK Limited Fellow Subsidiary Sale of goods or services 341900000 Omnibus Approval 24032000 0 4445000
40 Brunton Wire Ropes FZCo. Usha Martin UK Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 20732000 0 4445000
41 Brunton Wire Ropes FZCo. Sabyasachi Majumder Managing Director of Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 762000 0 0
42 Brunton Wire Ropes FZCo. Malay Nath Related Party of Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 34000 0 0
43 Brunton Wire Ropes FZCo. Balwant Mall Related Party of Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 136000 0 0
44 Brunton Wire Ropes FZCo. Brunton Wire Ropes Industrial Company Limited Step down subsidiary Sale of goods or services 8547500000 Omnibus Approval 48995000 78985000 103254000
45 Brunton Wire Ropes FZCo. Brunton Wire Ropes Industrial Company Limited Step down subsidiary Any other transaction Reimbursement of expenses 854800000 Omnibus Approval 51000 0 103254000
46 Brunton Wire Ropes FZCo. Usha Martin UK Limited Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 508000 0 4445000
47 De Ruiter Staalkabel BV Sliedrecht Brunton Wire Ropes FZCo. Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 6391000 -29992000 0
48 De Ruiter Staalkabel BV Sliedrecht Usha Martin Singapore Pte. Limited Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 1288000 -10394000 -321000
49 De Ruiter Staalkabel BV Sliedrecht Usha Martin Singapore Pte. Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 6048000 -10394000 -321000
50 De Ruiter Staalkabel BV Sliedrecht Usha Martin Europe B.V. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 59000 0 -32476000
51 De Ruiter Staalkabel BV Sliedrecht Usha Martin Europe B.V. Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 4454000 -38155000 -32476000
52 De Ruiter Staalkabel BV Sliedrecht Usha Martin Italia SRL Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 382000 0 0
53 Usha Martin Americas Inc. Brunton Wire Ropes FZCo. Fellow Subsidiary Purchase of goods or services 213700000 Omnibus Approval 60250000 42270000 60858000
54 Usha Martin Americas Inc. Usha Martin Singapore Pte. Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 6505000 0 6410000
55 Usha Martin Australia Pty. Ltd. Usha Martin UK Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 3012000 5581000 5839000
56 Usha Martin International Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 1834000 805000 0
57 Usha Martin International Limited Somnath Saha Director of Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 638000 0 0
58 Usha Martin International Limited Usha Martin UK Limited Subsidiary Any other transaction Recovery of Management and other services and expenses 110700000 Omnibus Approval 28902000 -189157000 261571000
59 Usha Martin International Limited De Ruiter Staalkabel BV Sliedrecht Subsidiary Any other transaction Recovery of Management and other services. Approval by Audit Committee is not applicable 7577000 1310000 456000
60 Usha Martin International Limited Usha Martin Europe B.V. Subsidiary Any other transaction Interest Received Approval by Audit Committee is not applicable 450000 299000 0
61 Usha Martin Italia SRL Usha Martin International Limited Holding Company Any other transaction Rendering of Research & Development Services 221400000 Omnibus Approval 65002000 71555000 86476000
62 Usha Martin Singapore Pte. Limited Shreya Jhawar Director of Subsidiary Remuneration Approval by Audit Committee is not applicable 7231000 0 0
63 Usha Martin Singapore Pte. Limited Stuti Jhawar Director of Subsidiary Remuneration Approval by Audit Committee is not applicable 7708000 0 0
64 Usha Martin Singapore Pte. Limited PT Usha Martin Indonesia Subsidiary Sale of goods or services 854800000 Omnibus Approval 368089000 132403000 -204102000
65 Usha Martin Singapore Pte. Limited PT Usha Martin Indonesia Subsidiary Any other transaction Receiving of management and other services 85400000 Omnibus Approval 26075000 132403000 -204102000
66 Usha Martin Singapore Pte. Limited Usha Martin Vietnam Company Limited Subsidiary Sale of goods or services 204000000 Omnibus Approval 85715000 37511000 -69829000
67 Usha Martin Singapore Pte. Limited Usha Martin Australia Pty. Ltd. Subsidiary Sale of goods or services 417025000 Omnibus Approval 135668000 105992000 -131367000
68 Usha Martin Singapore Pte. Limited Usha Martin Australia Pty. Ltd. Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 4151000 105992000 -131367000
69 Usha Martin Singapore Pte. Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 53380000 6054000 50770000
70 Usha Martin Singapore Pte. Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 6278000 6054000 50770000
71 Usha Martin Singapore Pte. Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 35000 6054000 50770000
72 Usha Martin Singapore Pte. Limited Usha Martin UK Limited Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 2152000 27967000 -20513000
73 Usha Martin Singapore Pte. Limited Usha Martin UK Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 47339000 27967000 -20513000
74 Usha Martin UK Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Purchase of goods or services 553500000 Omnibus Approval 24301000 -2406000 -4470000
75 Usha Martin UK Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 20509000 -2406000 -4470000
76 Usha Martin UK Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Any other transaction Management & other charges Approval by Audit Committee is not applicable 42705000 -20194000 24855000
77 Usha Martin UK Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 47165000 -20194000 24855000
78 Usha Martin UK Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 2224000 -20194000 24855000
79 Usha Martin UK Limited Usha Martin Australia Pty. Ltd. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 3256000 5605000 5839000
80 Usha Martin UK Limited Usha Martin Americas Inc. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 55749000 52046000 23715000
81 Usha Martin UK Limited Usha Siam Steel Industries Public Company Limited Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 17603000 189528000 -11446000
82 Usha Martin UK Limited Usha Siam Steel Industries Public Company Limited Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 1829000 189528000 -11446000
83 Usha Martin UK Limited Usha Siam Steel Industries Public Company Limited Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 208000 189528000 -11446000
84 Usha Martin UK Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Sale of goods or services 885600000 Omnibus Approval 213460000 88935000 102743000
85 Usha Martin UK Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 40669000 88935000 102743000
86 Usha Martin UK Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Any other transaction Recovery of Management & other services Approval by Audit Committee is not applicable 16519000 88935000 102743000
87 Usha Siam Specialty Wire Rope Company Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 21157000 4294000 21559000
88 Usha Siam Specialty Wire Rope Company Limited Usha Martin Americas Inc. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 4426000 0 1071000
89 Usha Siam Specialty Wire Rope Company Limited Usha Martin Americas Inc. Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 491000 0 1071000
90 Usha Siam Specialty Wire Rope Company Limited Usha Martin Europe B.V. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 17061000 7645000 17253000
91 Usha Siam Specialty Wire Rope Company Limited Usha Martin Europe B.V. Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 2092000 7645000 17253000
92 Usha Siam Steel Industries Public Company Limited Usha Martin UK Limited Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 21081000 -104318000 11406000
93 Usha Siam Steel Industries Public Company Limited Usha Martin UK Limited Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 1036000 -104318000 11407000
94 Usha Siam Specialty Wire Rope Company Limited Usha Martin UK Limited Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 4340000 12371000 20940000
95 Usha Siam Steel Industries Public Company Limited Usha Martin UK Limited Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 24000 -104318000 11407000
96 Usha Siam Steel Industries Public Company Limited Usha Martin Americas Inc. Fellow Subsidiary Sale of goods or services 440000000 Omnibus Approval 148007000 12787000 84788000
97 Usha Siam Steel Industries Public Company Limited Usha Martin Americas Inc. Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 9189000 12787000 84788000
98 Usha Siam Steel Industries Public Company Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 93220000 66575000 63441000
99 Usha Siam Steel Industries Public Company Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 22000 66575000 63441000
100 Usha Siam Steel Industries Public Company Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Sale of goods or services 1056200000 Omnibus Approval 398273000 281235000 281000000
101 Usha Siam Steel Industries Public Company Limited Usha Martin Singapore Pte. Limited Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 565000 281235000 281000000
102 Usha Siam Steel Industries Public Company Limited Usha Martin Australia Pty. Ltd. Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 47421000 71264000 40371000
103 Usha Siam Steel Industries Public Company Limited Usha Martin Australia Pty. Ltd. Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 797000 71264000 40371000
104 Usha Siam Steel Industries Public Company Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Sale of goods or services Approval by Audit Committee is not applicable 28623000 0 8039000
105 Usha Siam Steel Industries Public Company Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Purchase of goods or services Approval by Audit Committee is not applicable 305000 0 8039000
106 Usha Siam Steel Industries Public Company Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 858000 0 8039000
107 Usha Siam Steel Industries Public Company Limited Usha Martin Europe B.V. Fellow Subsidiary Sale of goods or services 166000000 Omnibus Approval 7146000 0 63000
108 Usha Siam Steel Industries Public Company Limited Usha Martin Europe B.V. Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 3011000 0 63000
109 Usha Siam Steel Industries Public Company Limited Usha Siam Specialty Wire Company Limited Subsidiary Sale of goods or services 362100000 Omnibus Approval 66613000 -25869000 0
110 Usha Siam Steel Industries Public Company Limited Usha Siam Specialty Wire Company Limited Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 516000 -25869000 0
111 Usha Siam Steel Industries Public Company Limited Brunton Wire Ropes Industrial Company Limited Fellow Subsidiary Sale of goods or services 8547500000 Omnibus Approval 19532000 5320000 25351000
112 Usha Siam Steel Industries Public Company Limited Govind Tekriwal Director of Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 3170000 0 0
113 Usha Siam Steel Industries Public Company Limited Vikas Pandey Director of subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 1652000 0 0
114 Usha Siam Steel Industries Public Company Limited Arun Kumar Chand Director of subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 1220000 0 0
115 Usha Siam Steel Industries Public Company Limited Rajeev Jhawar Chairman of subsidiary Any other transaction Sitting Fees Approval by Audit Committee is not applicable 29000 0 0
116 Usha Siam Steel Industries Public Company Limited Sushil Kumar Related Party of Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 3578000 0 0
117 Usha Martin Singapore Pte. Limited PT Usha Martin Indonesia Step down subsidiary Dividend received Approval by Audit Committee is not applicable 48234000 132403000 -204102000
118 Usha Martin Singapore Pte. Limited Brunton Wire Ropes FZCo. Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 508000 6054000 50770000
119 Usha Martin Singapore Pte. Limited Usha Siam Steel Industries Public Company Limited Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 301000 316172000 282837000
120 PT Usha Martin Indonesia Usha Siam Steel Industries Public Company Limited Fellow Subsidiary Any other transaction Recovery of expenses Approval by Audit Committee is not applicable 813000 0 0
121 Usha Martin Australia Pty. Ltd. PT Usha Martin Indonesia Fellow Subsidiary Dividend received Approval by Audit Committee is not applicable 2588000 0 0
122 Usha Martin Australia Pty. Ltd. Usha Siam Steel Industries Public Company Limited Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 860000 56492000 41455000
123 Usha Siam Steel Industries Public Company Limited De Ruiter Staalkabel BV Sliedrecht Fellow Subsidiary Any other transaction Reimbursement of expenses Approval by Audit Committee is not applicable 3013000 0 8039000
Total value of transaction during the reporting period 6079353000





Format for Disclosing Outstanding Default on Loans and Debt Securities
Sr. No. Particulars Amount Remarks
1. Loans / revolving facilities like cash credit from banks / financial institutions
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
2. Unlisted debt securities i.e. NCDs and NCRPS
A Total amount outstanding as on date
B Of the total amount outstanding, amount of default as on date
3. Total financial indebtedness of the listed entity including short-term and long-term debt