![]() | |
Company type | Public company |
---|---|
BSE: 517146, NSE: USHAMART | |
ISIN | INE228A01035 |
Industry | |
Founded | 1961 |
Headquarters | Kolkata, India |
Area served | Worldwide |
Key people |
|
Revenue | ![]() |
![]() | |
Total assets | ![]() |
Total equity | ![]() |
Website | Official website |
Usha Martin Limited is an Indian multinational company that primarily operates in the steel and wire rope manufacturing industry. It was founded in 1961 by Basant Kumar Jhawar and is headquartered in Kolkata, West Bengal, India. [4] Usha Martin has grown to become one of the largest wire rope manufacturers globally. [5] [6]
Over the years Usha Martin has expanded its operations and established manufacturing facilities in several locations in India and internationally. It has sales offices, distribution networks, and subsidiaries in countries like the United States, the United Kingdom, Dubai, Thailand, and Singapore. Usha Martin has been involved in a wide range of projects and collaborations across different industries. [10] Here are a few examples:
UMESL is a subsidiary of Usha Martin focused on the education and information technology sector. It offers training and education in the field of information technology and related services. [15] [16]
UMTL is another subsidiary of Usha Martin that operates in the information technology sector. It provides software development, IT consulting, and outsourcing services to clients in various industries.
UMIL is a subsidiary engaged in infrastructure development and construction projects. It undertakes projects in areas such as real estate, urban infrastructure, and transportation.
UMIL is a subsidiary that focuses on international trading and distribution of Usha Martin's products. It facilitates the export and import of steel products, wire ropes, and other materials across different countries.
UBL is a subsidiary involved in the manufacturing and marketing of electronic products, primarily in the field of power electronics and telecommunications.
Usha Martin reported a total income of Rs. 32958.2 million during the financial year ended 31 March 2023, compared with Rs.27233.1 million during the financial year ended 31 March 2022. The company had a net profit of Rs.3501.4 million for the financial year ended 31 March 2023 as against net profit of Rs.2912.7 million for the financial year ended 31 March 2022. [2] [17]
The company specializes in the production of wire ropes, strands, wire, and specialty steel products. It caters to various industries such as oil and gas, mining, construction, infrastructure, elevators, and general engineering. Usha Martin's wire ropes find applications in lifting, towing, mooring, and material handling operations. [18]
Usha Martin has a diverse product portfolio that includes wire ropes, wire strands, bright bars, specialty wires, and steel products.
In addition to its steel and wire rope business, Usha Martin also has interests in other sectors such as real estate, agriculture, and information technology. [19]
Tata Steel Limited is an Indian multinational steel-making company, is headquartered in Mumbai, Maharashtra, with its primary operations based in Jamshedpur, Jharkhand. It is a part of the Tata Group.
ThyssenKrupp AG is a German industrial engineering and steel production multinational conglomerate. It resulted from the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company says that it is one of the largest steel producers in the world, and it was ranked tenth-largest worldwide by revenue in 2015. It is divided into 670 subsidiaries worldwide. The largest shareholders are the Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital. ThyssenKrupp's products range from machines and industrial services to high-speed trains, elevators, and shipbuilding. The subsidiary ThyssenKrupp Marine Systems also manufactures frigates, corvettes, and submarines for the German and foreign navies.
Kalinganagar is a planned industrial town in Jajpur district of coastal Odisha, India. Kalinganagar is emerging to be major global hub in steel, power and ancillary products. A large number of steel plants including projects by Jindal Steel, VISA Steel and Tata Steel are in various stages of implementation.
Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai, Maharashtra.
Wire rope is composed of as few as two solid, metal wires twisted into a helix that forms a composite rope, in a pattern known as laid rope. Larger diameter wire rope consists of multiple strands of such laid rope in a pattern known as cable laid. Manufactured using an industrial machine known as a strander, the wires are fed through a series of barrels and spun into their final composite orientation.
BEML Limited, formerly Bharat Earth Movers Limited, is an Indian public sector undertaking which manufactures a variety of heavy equipment, such as that used for earth moving, railways, transport and mining. It is headquartered in Bangalore. BEML is Asia's second-largest manufacturer of earth moving equipment. Its stock trades on the National Stock Exchange of India under the symbol "BEML", and on the Bombay Stock Exchange under the code "500048".
A hoist is a device used for lifting or lowering a load by means of a drum or lift-wheel around which rope or chain wraps. It may be manually operated, electrically or pneumatically driven and may use chain, fiber or wire rope as its lifting medium. The most familiar form is an elevator, the car of which is raised and lowered by a hoist mechanism. Most hoists couple to their loads using a lifting hook. Today, there are a few governing bodies for the North American overhead hoist industry which include the Hoist Manufactures Institute, ASME, and the Occupational Safety and Health Administration. HMI is a product counsel of the Material Handling Industry of America consisting of hoist manufacturers promoting safe use of their products.
Sumitomo Electric Industries, Ltd. is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company's shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange. In the period ending March 2021, the company reported consolidated sales of US$26,5 billion.
Mitsui & Co., Ltd. is one of the largest sogo shosha in Japan; it is part of the Mitsui Group.
PT Krakatau Steel (Persero) Tbk is the largest steel maker in Indonesia, headquartered in Cilegon, Banten. The factory is set on a 280-hectare (700-acre) plot in the western end of Banten and adjacent to the Sunda Strait, and where the Krakatoa volcano and island from which the company takes its name are located.
JSW Group is an Indian multinational conglomerate, based in Mumbai. It is led by Sajjan Jindal and founded by Om Prakash Jindal. The group's diverse businesses include steel, energy, infrastructure, cement, automotive and paints, across India, the United States, South America, and Africa.
Welspun Corp Limited is an Indian multinational company with its headquarters in Mumbai, India. It specializes in manufacturing large-diameter pipes and operates in multiple countries across six continents. Its manufacturing facilities are located in Anjar (Gujarat), Bhopal, Mandya (Karnataka), Jhagadia (Gujarat), and Little Rock, Arkansas, in the US.
Loos & Co., Inc. is a privately owned manufacturing company located in Pomfret, Connecticut. Their focus is in aircraft cable, wire rope, plastic coated steel cable, cable assemblies and stainless steel wire products
Bridon Ropes, also known as Bridon International Ltd is a manufacturing company in Doncaster in South Yorkshire that makes wire rope. It is now part of the Belgium-based Bekaert company. The name Bridon originates from the concatenation or contraction of the words British and Doncaster; it is not a family name.
Braithwaite & Co. Limited is an Indian public sector undertaking which is engaged in the manufacture of railway wagons, cranes and other engineering services. It is wholly owned by the Government of India and under the administrative control of the Ministry of Railways. Its headquarters are located at Kolkata, West Bengal.
British Ropes was a company established on 6 June 1924 through the merger of eight companies.
PTron is an Indian electronics manufacturer, headquartered in Hyderabad. PTron is a brand owned by Palred Electronics Private Limited, which is a subsidiary of Palred Technologies Ltd, a public-listed company on BSE and NSE since 2004. PTron sells products like Bluetooth headsets, portable Bluetooth speakers, wired headsets, chargers and cables, smart watches and networking products.
Tejas Networks is an optical, broadband and data networking products company based in India. The company designs develops and sells its products to telecom service providers, internet service providers, utilities, security and government entities in 75 countries. The company has built many IPs in multiple areas of telecom networking and has emerged as an exporter to other developing countries including Southeast Asia and Africa.
Ceylon Grain Elevators PLC is an animal feed manufacturing company in Sri Lanka. The company was incorporated in 1982 as a result of an agreement between the Government of Sri Lanka and Prima Limited of Singapore. The company was listed on the Colombo Stock Exchange in 1984. Singapore-based, Prima Limited holds a controlling stake in the company's stocks. Ceylon Grain Elevators is part of the Prima Group in Sri Lanka. The company is ranked 50th in LMD 100, an annual list of listed companies in Sri Lanka by revenue.
Texmaco Rail & Engineering Ltd. is a private engineering and infrastructure company of Adventz Group based in India. It is primarily engaged in the business of manufacturing railway wagons, coaches, and locomotives, as well as providing related services. The company is headquartered in Kolkata, West Bengal. The company manufactures coaches for the Indian Railways and many other private firms.