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USHAMART - Fundamental Analysis: Financial Health & Valuation

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Rating: 4

Last Updated Time : 19 Mar 26, 07:11 pm

Fundamental Rating: 4.0

Stock Code USHAMART Market Cap 12,519 Cr. Current Price 411 ₹ High / Low 498 ₹
Stock P/E 37.9 Book Value 52.2 ₹ Dividend Yield 0.73 % ROCE 26.6 %
ROE 21.1 % Face Value 1.00 ₹ DMA 50 420 ₹ DMA 200 409 ₹
Chg in FII Hold 0.48 % Chg in DII Hold 1.82 % PAT Qtr 84.0 Cr. PAT Prev Qtr 97.3 Cr.
RSI 48.6 MACD -3.18 Volume 2,84,379 Avg Vol 1Wk 3,01,599
Low price 281 ₹ High price 498 ₹ PEG Ratio 2.16 Debt to equity 0.03
52w Index 59.9 % Qtr Profit Var 8.99 % EPS 9.94 ₹ Industry PE 18.1

📊 Financial Overview

  • Revenue & Profitability: Quarterly PAT declined from 97.3 Cr. to 84 Cr., showing short-term pressure. EPS at 9.94 ₹ remains steady.
  • Margins & Returns: ROCE at 26.6% and ROE at 21.1% highlight strong efficiency and profitability.
  • Debt: Debt-to-equity ratio of 0.03 indicates negligible leverage, ensuring balance sheet strength.
  • Cash Flow: Supported by consistent earnings and low debt burden.

💹 Valuation

  • P/E Ratio: 37.9 vs Industry PE of 18.1 → Valuation premium compared to peers.
  • P/B Ratio: Current Price 411 ₹ vs Book Value 52.2 ₹ → High premium.
  • PEG Ratio: 2.16 → Moderately expensive relative to growth.
  • Intrinsic Value: Current price trades above fair value, limited margin of safety.

🏢 Business Model & Competitive Advantage

  • Strong brand presence in consumer goods with diversified offerings.
  • High ROCE and ROE reflect efficient capital utilization.
  • Low debt enhances resilience and financial flexibility.

📈 Technicals & Entry Zone

  • RSI at 48.6 → Neutral zone, neither overbought nor oversold.
  • MACD negative (-3.18) → Weak momentum, short-term caution advised.
  • Entry Zone: Attractive accumulation between 380–400 ₹.
  • Long-Term Holding: Strong fundamentals justify holding, though valuation risks remain.

✅ Positive

  • High ROCE and ROE indicate strong efficiency.
  • Low debt-to-equity ratio ensures financial stability.
  • Strong institutional support with rising FII and DII holdings.

⚠️ Limitation

  • Valuation premium compared to industry peers.
  • Recent quarterly profit decline indicates short-term weakness.
  • Technical indicators show weak momentum.

📉 Company Negative News

  • Quarterly PAT dropped from 97.3 Cr. to 84 Cr., reflecting earnings pressure.

📈 Company Positive News

  • FII holdings increased by 0.48% and DII holdings by 1.82%, showing strong institutional confidence.
  • 52-week performance up 59.9%, indicating strong investor returns.

🏭 Industry

  • Industry PE at 18.1 suggests sector trades at lower multiples.
  • USHAMART commands premium valuation due to strong fundamentals and efficiency.

🔎 Conclusion

USHAMART demonstrates robust fundamentals with excellent return ratios and minimal debt, making it a financially strong company. However, valuations are stretched compared to industry peers. Entry is favorable near 380–400 ₹ for long-term investors. Despite short-term profit decline and weak momentum, the company remains a solid long-term hold due to its competitive advantage and institutional support.

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