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	Consolidated
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	Multi segment
Description of single segment
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

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	Consolidated	Consolidated
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	8960800000	34741600000
	Other income	236500000	393900000
	Total income	9197300000	35135500000
2	Expenses
(a)	Cost of materials consumed	4725700000	17915000000
(b)	Purchases of stock-in-trade	77500000	313000000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	26800000	-727500000
(d)	Employee benefit expense	1163400000	4743300000
(e)	Finance costs	65400000	295500000
(f)	Depreciation, depletion and amortisation expense	277600000	978600000
(f)	Other Expenses
1	Other expenses	1571700000	6527200000
	Total other expenses	1571700000	6527200000
	Total expenses	7908100000	30045100000
3	Total profit before exceptional items and tax	1289200000	5090400000
4	Exceptional items	0	0
5	Total profit before tax	1289200000	5090400000
6	Tax expense
7	Current tax	226700000	1075300000
8	Deferred tax	95400000	130000000
9	Total tax expenses	322100000	1205300000
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	967100000	3885100000
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	42000000	178100000
16	Total profit (loss) for period	1009100000	4063200000
17	Other comprehensive income net of taxes	155800000	537100000
18	Total Comprehensive Income for the period	1164900000	4600300000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1009900000	4073900000
	Total profit or loss, attributable to non-controlling interests	-800000	-800000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1165700000	4604800000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-800000	-4500000
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		27213600000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	3.32	13.37
	Diluted earnings (loss) per share from continuing operations	3.32	13.37
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	3.32	13.37
	Diluted earnings (loss) per share from continuing and discontinued operations	3.32	13.37
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	12645600000
	Capital work-in-progress	1173300000
	Investment property
	Goodwill	552200000
	Other intangible assets	80000000
	Intangible assets under development	7400000
	Biological assets other than bearer plants
	Investments accounted for using equity method	678100000
	Non-current financial assets
	Non-current investments	2000000
	Trade receivables, non-current	0
	Loans, non-current	45600000
	Other non-current financial assets	348900000
	Total non-current financial assets	396500000
	Deferred tax assets (net)	164800000
	Other non-current assets	1940300000
	Total non-current assets	17638200000
2	Current assets
	Inventories	9849100000
	Current financial asset
	Current investments	0
	Trade receivables, current	5276300000
	Cash and cash equivalents	2607200000
	Bank balance other than cash and cash equivalents	140300000
	Loans, current	15000000
	Other current financial assets	1049500000
	Total current financial assets	9088300000
	Current tax assets (net)	0
	Other current assets	824600000
	Total current assets	19762000000
3	Non-current assets classified as held for sale	79200000
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	37479400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	305200000
	Other equity	27213600000
	Total equity attributable to owners of parent	27518800000
	Non controlling interest	-1700000
	Total equity	27517100000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1454000000
	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	685500000
	Total non-current financial liabilities	2139500000
	Provisions, non-current	458700000
	Deferred tax liabilities (net)	414300000
	Deferred government grants, Non-current
	Other non-current liabilities
	Total non-current liabilities	3012500000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1921600000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	112200000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2550200000
	Total Trade payable	2662400000
	Other current financial liabilities	773200000
	Total current financial liabilities	5357200000
	Other current liabilities	1008900000
	Provisions, current	156100000
	Current tax liabilities (Net)	427600000
	Deferred government grants, Current	0
	Total current liabilities	6949800000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	9962300000
	Total equity and liabilites	37479400000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Wire & Wire Ropes	8741000000	33742500000
2	Others	219800000	999100000
	Total Segment Revenue	8960800000	34741600000
	Less: Inter segment revenue	0	0
	Revenue from operations	8960800000	34741600000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Wire & Wire Ropes	1316900000	5644500000
2	Others	1700000	31300000
	Total Profit before tax	1318600000	5675800000
	i. Finance cost	65400000	65400000
	ii. Other Unallocable Expenditure net off Unallocable income	-36000000	-36000000
	Profit before tax	1289200000	5090400000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Wire & Wire Ropes	32888800000	32888800000
2	Others	580300000	580300000
	Total Segment Asset	33469100000	33469100000
	Un-allocable Assets	4010300000	4010300000
	Net Segment Asset	37479400000	37479400000
4	Segment Liabilities
	Segment Liabilities
1	Wire & Wire Ropes	4799600000	4799600000
2	Others	145900000	145900000
	Total Segment Liabilities	4945500000	4945500000
	Un-allocable Liabilities	5016800000	5016800000
	Net Segment Liabilities	9962300000	9962300000
	Disclosure of notes on segments	Textual Information(2)

Text Block
Textual Information(2)

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	Consolidated	Consolidated
	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	-26900000	-27300000
	Total Amount of items that will not be reclassified to profit and loss	-26900000	-27300000
2	Income tax relating to items that will not be reclassified to profit or loss	-5600000	-5700000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	177100000	558700000
	Total Amount of items that will be reclassified to profit and loss	177100000	558700000
4	Income tax relating to items that will be reclassified to profit or loss	0	0
5	Total Other comprehensive income	155800000	537100000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			5090400000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			295500000
	Adjustments for decrease (increase) in inventories			-952900000
	Adjustments for decrease (increase) in trade receivables, current			113100000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			89000000
	Adjustments for decrease (increase) in other non-current assets			-9400000
	Adjustments for other financial assets, non-current			-4000000
	Adjustments for other financial assets, current			-123900000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			214300000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			-84500000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			978600000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			4800000
	Adjustments for provisions, non-current			-13900000
	Adjustments for other financial liabilities, current			-74500000
	Adjustments for other financial liabilities, non-current			3900000
	Adjustments for unrealised foreign exchange losses gains			154400000
	Adjustments for dividend income			0
	Adjustments for interest income			59900000
	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			2500000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-218100000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			318800000
	Net cash flows from (used in) operations			5409200000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1191600000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			4217600000
	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			35600000
	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			137000000
	Purchase of property, plant and equipment			2446500000
	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			0
	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			63700000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-9000000
	Net cash flows from (used in) investing activities	-2232400000
	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			11000000
	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			107700000
	Repayments of borrowings			-290200000
	Payments of lease liabilities			122600000
	Dividends paid			838000000
	Interest paid			298000000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-914900000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			1070300000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			39100000
	Net increase (decrease) in cash and cash equivalents			1109400000
	Cash and cash equivalents cash flow statement at beginning of period			1497800000
	Cash and cash equivalents cash flow statement at end of period			2607200000