CARBORUNIV · Carborundum Universal Ltd · Constr. - Supplies & Fixtures
CARBORUNIV · Carborundum Universal Ltd · Constr. - Supplies & Fixtures
As of 05 Nov close
52-week range
20.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,427 Cr
Revenue YoY
PAT YoY
+23.4%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
5.9
P/S (TTM)
3.8
Sector P/E
20.6
Dividend yield
+0.4%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| CARBORUNIV (this stock) | 106.5 | 5.9 | +3.9% | +5.4% | 0.11 | +0.4% |
| Grindwell Norton | 54.9 | 8.3 | +13.8% | +17.2% | 0.02 | +1.0% |
| Kajaria Ceramics | 35.3 | 6.2 | +10.8% | +17.8% | 0.07 | +1.1% |
| Century Plyboards (India) | 65.9 | 6.8 | +5.0% | +10.6% | 21.01 | +0.1% |
Promoter
stable
FII
rising 1q
MF
28.13% (+0.38pp)
rising 1q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowthehindubusinessline.com· 03 Nov 2026, 09:38 amQ2 Results 03rd Nov Oct Live: SBI, NSE, Bajaj Finserv, Solar Ind, Fortis, Gujarat Fluoro, Bajaj Holdings, Lloyds Metals & Energy, Lupin, MCX, Emcure Pharma, AIA Engineering, Zydus Wellness to announce
- lowthehindubusinessline.com· 12 Aug 2026, 05:06 pmStock Market Highlights, Aug 12: Sensex slips 187 pts to close at 77,966, Nifty ends at 24,435; TCS, M&M top losers
Concalls & investor presentations
AI-generatedKey takeaway: In the Q1 FY'27 earnings conference call, management reported a standalone sales increase of 21.2% year-over-year, reaching INR 846 crores, driven by growth across all segments: Electrominerals (33%), Ceramics (15.2%), and Abrasives (14.7%). However, sequentially, sales remained flat. Standalone profit after tax (PAT) grew by 14.3% year-over-year to INR 88 crores, but declined by 28.3% sequentially due to seasonal factors and lower dividend income. Consolidated sales rose 16.9% year-over-year to INR 1,411 crores, with a PAT of INR 76 crores, marking a 23.4% increase year-over-year. Management provided guidance for consolidated sales growth of 11% to 12% excluding certain subsidiaries, and indicated ongoing CAPEX plans of INR 400 crores for FY'27. The call concluded with management expressing confidence in the company's growth trajectory and ongoing strategic initiatives.
Management highlighted strong growth across segments and ongoing strategic initiatives.
Sourced from an exchange-filed transcript, dated 14 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: During the earnings call for Q4 FY26, management reported that standalone sales reached INR 3,024 crores, marking an 8.6% increase from INR 2,784 crores in FY25. The growth was primarily driven by the Electrominerals segment, which grew by 11.1%. The company also noted a significant increase in profit after tax (PAT), which rose to INR 416 crores from INR 322 crores in the previous year, reflecting a growth of 29.4%. Consolidated sales for FY26 were INR 5,149 crores, a 6.5% increase from INR 4,833 crores in FY25. Management highlighted that the growth was broad-based across segments, with strong performance in Q4, where standalone sales reached INR 845 crores, a 23.1% increase year-on-year. The company outlined its Aspiration 2030 strategy, focusing on growth, innovation, and operational excellence, while also addressing challenges from loss-making subsidiaries.
Management emphasized strong growth and strategic initiatives during the earnings call.
Sourced from an exchange-filed transcript, dated 21 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: On January 30, 2026, Carborundum Universal Limited held its Q3 FY '26 earnings conference call, where management reported a standalone sales increase of 7.9% sequentially, reaching INR 769 crores. The growth was driven by segments such as ceramics and electrominerals, which grew by 11.9% and 7.9%, respectively. However, ceramics showed a year-over-year decline of 3.8%. The standalone profit after tax for Q3 FY '26 was INR 85 crores, a 31% increase from Q2 FY '26. Consolidated sales for the same quarter were INR 1,273 crores, reflecting a 2.5% year-over-year growth. Management noted challenges in the ceramics segment due to project delays and revised guidance for ceramics sales growth down to 13%-14%. The company maintained its full-year capex guidance of INR 350 crores. Management expressed optimism for Q4 based on order backlogs and ongoing projects.
Management highlighted both growth in certain segments and challenges in others.
Sourced from an exchange-filed transcript, dated 04 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedCarborundum Universal Limited (CARBORUNIV) reported standalone revenues of ₹30,244 million for FY2025-26, a 9% increase from ₹27,837 million in the prior year. The Electrominerals segment grew by 11% to ₹9,060 million, while the Ceramics segment increased by 7% to ₹10,001 million. The audit report highlighted an emphasis on the business unviability of subsidiaries CUMI Awuko Abrasives GmbH and Foskor Zirconia Pty Limited, leading to a ₹1,345.66 million write-down. Additionally, the audit noted uncertainties regarding the operations of Volzhsky Abrasive Works (VAW) due to its inclusion in the U.S. sanctions list, impacting ₹11,907.81 million in assets. The Company's internal controls were deemed adequate and operating effectively by the Board. No defaults in loan repayments or regulatory actions were noted, and the Company has not accepted non-compliant deposits.
- Standalone revenues increased by 9% to ₹30,244 million in FY2025-26.
- Electrominerals segment grew 11% to ₹9,060 million, and Ceramics segment increased 7% to ₹10,001 million.
- Audit emphasized unviability of subsidiaries CUMI Awuko and Foskor Zirconia, leading to ₹1,345.66 million write-down.
- Uncertainties around VAW's operations due to U.S. sanctions impacted ₹11,907.81 million in assets.
- Internal controls were assessed as adequate and operating effectively by the Board.
Key takeaway: Carborundum Universal Limited reported revenue growth and stable operations, but faces risks from the unviability of certain subsidiaries and geopolitical uncertainties affecting a major asset segment.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
2 occurrencesEarlier (1-3 years ago)
The auditor identified key audit matters related to the impact of VAW's inclusion in the U.S. Treasury's SDC list, with assets including goodwill amounting to Rs. 10,269.98 million.
Older (3+ years ago)
The auditor of Foskor Zirconia (Pty) Ltd, a subsidiary of CUMI International Limited, noted a material uncertainty regarding the company's ability to continue as a going concern due to significant liabilities exceeding assets and cash flow constraints, as stated in their report dated May 05, 2022.
Routine disclosures
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has contingent liabilities including disputed tax demands, claims by Electricity Board, employees' demands pending before Labour Courts, and outstanding guarantees for joint ventures as of March 31, 2026.
Earlier (1-3 years ago)
The company has contingent liabilities including disputed tax demands under appeal, unacknowledged claims by Electricity Board, pending employee demands before Labour Courts, and outstanding guarantees/letters of credit.
The company has contingent liabilities including disputed tax demands, claims by Electricity Board, and employee demands pending before Labour Courts as of March 31, 2024.
The joint ventures Murugappa Morgan Thermal Ceramics Limited and Ciria India Limited cannot distribute their profits until they obtain consent from both venturers.
Older (3+ years ago)
The company has a contingent liability related to its interest in the joint venture Ciria India Limited, as the joint ventures cannot distribute profits until consent from both venturers is obtained.
Related-Party Transaction
4 occurrencesEarlier (1-3 years ago)
The Company has entered into transactions with related parties in compliance with Sections 177 and 188 of the Act. The details of related party transactions have been disclosed in the Standalone Financial Statements.
The Company has entered into transactions with related parties in compliance with the provisions of Sections 177 and 188 of the Act. The details of related party transactions have been disclosed in the financial statements.
The Company has entered into transactions with related parties in compliance with Sections 177 and 188 of the Act, and the details have been disclosed in the financial statements as required under Indian Accounting Standard 24.
Older (3+ years ago)
The Company has entered into transactions with related parties in compliance with the provisions of Section 177 and 188 of the Act. The details of such related party transactions have been disclosed in the financial statements as required under Indian Accounting Standard 24.
Statutory dues in dispute
2 occurrencesRecent (last 12 months)
The company has statutory dues disputes pending in various forums, including excise duty and service tax disputes with amounts ranging from 1986-1987 to 2019-2020, with the amounts not specified in the excerpt.
Earlier (1-3 years ago)
The company has statutory dues disputes under the Central Excise Act, 1944 with an amount of Rs. In millions*, and the dispute is pending at an unspecified forum.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.9% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).