The study is concerned with the analysis of sheet metal for the prediction of limit drawing ratio and forming load. The direct redrawing process is analyzed by using an equilibrium approach and strain increment theory both for non-workhardening material and for workhardening material. Computations are carried out numerically for the workhardening case. Limit drawing ratios are predicted for some chosen variables. The forming loads are also computed with respect to punch travel. Then the predicted loads are compared with the experimental results. For ordinary lubricated conditions, the comparison shows reasonable agreement between the theory and experimental observation. It is also shown that limit drawing ration can be increased by using a greater die angle and proper lubrication significantly reduces the punch load. Finally numerical results show that material of greater R-value and strain-hardening exponent(n)is better for direst redrawing of sheet metal.