Carborundum Universal Limited share price

NSE: CARBORUNIV · ISIN INE120A01034

Key numbers

Market cap
₹ 24,356 Cr
Current price
₹ 1,278.50
52-week high / low
₹ 1,369 / 735
Stock P/E
116.0
Book value
₹ 204.7
Dividend yield
0.31%
ROCE
7.6%
ROE
5.2%
Debt to equity
0.08
Sales growth (3 yrs)
3.8%
Profit growth (3 yrs)
-22.2%
1-year return
31.5%

About Carborundum Universal Limited

Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electrominerals in India and internationally. It operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. The company offers super, bonded and coated abrasives, cutting and grinding, metal working fluids, and power tools; and electro minerals, such as alumina, carbides, zirconia; and thermal spray and ceramic powders. It also provides industrial ceramics for applications in mining and mineral processing, power and energy systems, mobility, semiconductors and electronics, and aerospace and defense; and dense refractories, including bricks and engineered shapes, insulating, and range of monolithic refractories, pre-cast pre-fired components, acid-resistant liners comprising carbon bricks, advanced composites, specialty screeding and coatings, polymer concrete cells, and structural composites, including piping for abrasion resistance; and graphene, phase change materials, high-purity silicon carbide, and specialty polymers. In addition, the company offers IT infrastructure facility management, software…

Quarterly results

Consolidated figures in ₹ crores

Mar 2025Jun 2025Dec 2025Mar 2026Jun 2026
Sales1,1991,2071,2731,3831,411
Operating profit146121157144135
Net profit296276-1876
EPS (₹)1.733.284.02-0.934.04

Concall summary (2026-08-14)

AI summary of the earnings call transcript · tone: Positive · source document

Guidance & outlook

  • On a sequential basis, consolida ted PBIT increased by 11.6% from INR 102 crores in Q4 FY'26 to INR 114 crores in Q1 FY27.
  • We gave a guidance of INR 400 crores for the full year FY'27 and we keep the same guidance.

Growth & demand

  • To begin with, I will start with the standalone performance: In Q1 FY'27, standalone sales were INR 846 crores compared to INR 698 crores in Q1 FY '26, which is a growth of 21.2%.
  • Electrominerals segment grew by 33%, Ceramics segment grew by 15.2%, and Abrasive segment grew by 14.7%.

Margins & costs

  • If you remember, consolidated PAT in Q4 FY'26 included exceptional items, costs of about INR 135 crores related to CUMI Awuko Abrasives and Foskor Zirconia (Pty) Limited.
  • Besides this, raw material cost push, normal inflationary cost push and other costs were there.

Capex & expansion

  • Carborundum Universal Limited August 10, 2026 Consolidated CAPEX in Q1 FY'27 was INR 53 crores compared to INR 64 crores in Q1 FY'26.
  • We retained our CAPEX guidance of about Rs 400 crores in FY'27.

Balance sheet & cash

  • Standalone profit after tax in Q1 FY'27: Standalone PAT was INR 88 crores compared to INR 77 crores in Q1 FY'26 without the impact of one-time dividend of INR 68 crores received from a subsidiary in Q1 FY '26.
  • Profit of Q4 FY '26 included dividend income of subsidiaries and JVs of INR 30.5 crores compared to a dividend income of INR 14.5 crores in Q1 FY'27.

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