Is Usha Martin Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Usha Martin Ltd (USHAMART.NS) is currently classified as HALAL as of February 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Usha Martin Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Usha Martin Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Usha Martin Ltd?

Muslim investors may consider investing in Usha Martin Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Usha Martin Ltd classified as HALAL?

Musaffa determines the Shariah status of Usha Martin Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Usha Martin Ltd updated?

The Shariah compliance status of Usha Martin Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Usha Martin Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Usha Martin Ltd?

You can check the latest Shariah compliance status of Usha Martin Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

USHAMART.NS Shariah Compliance

Screening Methodology: AAOIFI

HALAL

Last Updated: February 18, 2026

Report Source: 2026 3rd Quarter Report

Usha Martin Ltd. Stock Analysis USHAMART.NS

India Materials Small Cap Report: Q3, 2026

Usha Martin Ltd. engages in the manufacture of wire ropes and steel. The firm is also engaged in the manufacturing of wires, low relaxation prestressed concrete steel strand (LRPC), wires, prestressing solutions, cables, and bespoke end-fitments and accessories. Its segments include Wire and Wire ropes, and Others. The Wire and Wire ropes segment is engaged in the manufacturing and sale of steel wires, strands, wire ropes, cords, related accessories, wire drawing and allied machine, among others. The Others segment is engaged in the manufacturing and sale of jelly filled and optical fiber telecommunication cables. The company provides various wire ropes, such as crane rope, mining rope, elevator rope, oil and offshore rope, fishing rope, general engineering rope, aerial transportation rope, structural rope, and conveyor rope. Its LRPC strands include unbonded polymer coated LRPC strand, bonded polymer coated LRPC strand, compacted LRPC strand, and intended LRPC strand.

Key Statistics of Usha Martin Ltd (USHAMART.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹470.10₹480.70

Today's Open

₹476.90

Volume

423.46K

P/E Ratio (TTM)

29.89

52 Week Range

₹302.30₹497.10

Market Cap

141.29B

Avg. Volume

933.10K

Dividend Yield

0.66%

Financial Metrics & Statements of Usha Martin Ltd (USHAMART.NS)

FAQ's for Usha Martin Ltd (USHAMART.NS)

According to Musaffa’s Shariah screening methodology, Usha Martin Ltd (USHAMART.NS) is currently classified as HALAL as of February 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.