StoxUsha Martin vs NMDC Steel: share price & financials comparison
NSE: USHAMART vs NSLNISP · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Usha Martin vs NMDC Steel at a glance
Usha Martin (USHAMART) has a market capitalisation of ₹14,713 Cr, against ₹11,881 Cr for NMDC Steel (NSLNISP). Over the past year Usha Martin has returned +1.6%, compared with -9.9% for NMDC Steel. On valuation, Usha Martin trades at a lower P/E of 28.0 versus 45.8. Usha Martin earns a higher return on equity (15.2% vs 2.0%). Usha Martin comes out ahead on size, profitability, financial health, momentum and technicals. NMDC Steel comes out ahead on growth. Across the scored metrics below, Usha Martin leads on 10 and NMDC Steel on 4. On StoxGud's 10-point checklist, Usha Martin scores 9/10 and NMDC Steel scores 3/10.
| Metric | Usha Martin | NMDC Steel |
|---|---|---|
| Size | ||
| Market cap | ₹14,713 Cr | ₹11,881 Cr |
| Revenue (latest FY) | ₹3,691 Cr | ₹13,642 Cr |
| Net profit (latest FY) | ₹466 Cr | ₹59 Cr |
| Valuation | ||
| P/E | 28.0 | 45.8 |
| P/B | 4.24 | 0.89 |
| Dividend yield | 0.62% | — |
| Profitability | ||
| Return on equity | 15.2% | 2.0% |
| Net profit margin | 13.4% | 1.8% |
| Operating margin | 20.3% | 12.3% |
| Growth | ||
| Revenue growth (YoY) | +10.2% | +11.0% |
| Net profit growth (YoY) | +17.6% | — |
| Revenue CAGR (multi-year) | +12.0% | +111.5% |
| Financial health | ||
| Debt to equity | 0.05 | 0.36 |
| Momentum | ||
| 1-month return | -1.0% | +1.2% |
| 1-year return | +1.6% | -9.9% |
| 3-year CAGR | +14.2% | -1.5% |
| 5-year CAGR | +40.1% | — |
| 10-year CAGR | +42.5% | — |
| Distance from 52W high | -10.0% | -22.9% |
| Technicals | ||
| RSI (14) | 58 | 67 |
| Price vs 200-day avg | +2.9% | -3.5% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Usha Martin | NMDC Steel |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✓ | ✗ |
| 50-day average above 200-day (uptrend) | ✓ | ✗ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✗ |
| Return on equity above 15% | ✓ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✓ | ✗ |
| P/E below industry median | ✓ | ✗ |
| Score | 9/10 | 3/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Usha Martin or NMDC Steel?
Usha Martin has a market cap of ₹14,713 Cr and NMDC Steel has a market cap of ₹11,881 Cr as of 13 Nov 2026.
Which has a lower P/E, Usha Martin or NMDC Steel?
Usha Martin has the lower P/E: Usha Martin trades at 28.0 and NMDC Steel at 45.8.
Which gave better returns in the last year, Usha Martin or NMDC Steel?
Usha Martin did better: Usha Martin returned +1.6% and NMDC Steel returned -9.9% over one year.
What is the difference between Usha Martin and NMDC Steel?
Both are NSE-listed companies in Capital Goods. Usha Martin is about 1.2 times the size of NMDC Steel by market cap. In the latest financial year Usha Martin reported revenue of ₹3,691 Cr and NMDC Steel ₹13,642 Cr. Operating margin is 20.3% for Usha Martin and 12.3% for NMDC Steel. Debt to equity is 0.05 for Usha Martin and 0.36 for NMDC Steel.
Which is better, Usha Martin or NMDC Steel?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, Usha Martin leads on 10 and NMDC Steel on 4. Usha Martin is ahead on size, profitability, financial health, momentum and technicals. NMDC Steel is ahead on growth. On StoxGud's rules-based checklist Usha Martin scores 9/10 and NMDC Steel scores 3/10. This is information, not advice: consult a SEBI-registered adviser before investing.