WEBSITE BSE:513375 NSE: CARBORUNDUM Inc. Year: 1954 Industry: Abrasives
Last updated: 15:59
Carborundum Universal Ltd manufactures and sells abrasives, ceramics (business ceramics and refractories) and electrominerals. The Company's segments comprises Abrasives, Ceramics and Electrominerals. The Abrasives section includes bonded, covered, processed cloth, polymers, power gear and coolants. Its merchandise are used in numerous end user industries, along with manufacturing of equipment, electrical and digital equipment, transportation and metallic fabrication, amongst others. The Ceramics section includes technical ceramics and amazing ...Read More
Carborundum Universal Ltd manufactures and sells abrasives, ceramics (business ceramics and refractories) and electrominerals. The Company's segments comprises Abrasives, Ceramics and Electrominerals. The Abrasives section includes bonded, covered, processed cloth, polymers, power gear and coolants. Its merchandise are used in numerous end user industries, along with manufacturing of equipment, electrical and digital equipment, transportation and metallic fabrication, amongst others. The Ceramics section includes technical ceramics and amazing refractory solutions to address put on safety, corrosion resistance, electric resistance, heat safety and ballistic safety. It offers electrominerals for surface engineering, refractories, energy and surroundings. Its product includes fused alumina, zirconia, silicon carbide, and specialty minerals. It manufactures refractory merchandise for safety of boiler pipes utilized in waste heat incinerators. ...Read Less
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Market Cap ₹15504 Cr.
Stock P/E 51.9
P/B 4.1
Current Price ₹814.1
Book Value ₹ 196.5
Face Value 1
52W High ₹1246.4
Dividend Yield 0.49%
52W Low ₹ 787.2
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1203 | 1146 | 1151 | 1201 | 1198 | 1224 | 1255 | 1217 | 1219 | 1298 |
| Other Income | 31 | 20 | 14 | 13 | 7 | 11 | 16 | 6 | 19 | 17 |
| Total Income | 1234 | 1166 | 1165 | 1214 | 1205 | 1235 | 1272 | 1223 | 1238 | 1315 |
| Total Expenditure | 1034 | 979 | 959 | 992 | 1004 | 1029 | 1078 | 1071 | 1098 | 1142 |
| Operating Profit | 200 | 187 | 206 | 222 | 201 | 206 | 193 | 153 | 140 | 173 |
| Interest | 5 | 5 | 5 | 4 | 3 | 4 | 4 | 3 | 3 | 4 |
| Depreciation | 46 | 46 | 48 | 51 | 51 | 52 | 53 | 56 | 59 | 62 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | -104 | 0 | 0 | 0 |
| Profit Before Tax | 149 | 136 | 153 | 167 | 146 | 151 | 33 | 93 | 78 | 107 |
| Provision for Tax | 42 | 44 | 51 | 37 | 43 | 46 | 6 | 75 | 25 | 38 |
| Profit After Tax | 108 | 93 | 102 | 130 | 103 | 105 | 27 | 19 | 52 | 68 |
| Adjustments | 6 | 9 | 10 | 5 | 10 | 11 | 8 | 10 | 10 | 6 |
| Profit After Adjustments | 113 | 102 | 111 | 135 | 113 | 116 | 35 | 29 | 62 | 75 |
| Adjusted Earnings Per Share | 6 | 5.4 | 5.9 | 7.1 | 5.9 | 6.1 | 1.8 | 1.5 | 3.3 | 3.9 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 2050 | 1944 | 2112 | 2368 | 2689 | 2599 | 2632 | 3325 | 4654 | 4702 | 4894 | 4989 |
| Other Income | 27 | 30 | 29 | 23 | 29 | 46 | 33 | 41 | 78 | 79 | 58 | 58 |
| Total Income | 2077 | 1974 | 2141 | 2391 | 2717 | 2645 | 2665 | 3366 | 4732 | 4781 | 4952 | 5048 |
| Total Expenditure | 1787 | 1643 | 1784 | 1969 | 2252 | 2202 | 2168 | 2789 | 4004 | 3965 | 4200 | 4389 |
| Operating Profit | 290 | 331 | 357 | 422 | 466 | 444 | 497 | 576 | 729 | 815 | 753 | 659 |
| Interest | 25 | 23 | 18 | 9 | 8 | 6 | 4 | 6 | 24 | 18 | 14 | 14 |
| Depreciation | 100 | 87 | 96 | 106 | 108 | 105 | 99 | 115 | 187 | 191 | 212 | 230 |
| Exceptional Income / Expenses | 57 | 0 | 0 | 0 | 0 | 0 | -14 | 0 | 25 | 0 | -104 | -104 |
| Profit Before Tax | 220 | 237 | 262 | 322 | 369 | 351 | 395 | 477 | 580 | 650 | 468 | 311 |
| Provision for Tax | 82 | 81 | 78 | 102 | 121 | 76 | 102 | 127 | 138 | 174 | 169 | 144 |
| Profit After Tax | 138 | 155 | 184 | 220 | 248 | 275 | 293 | 350 | 442 | 476 | 299 | 166 |
| Adjustments | -6 | -11 | -9 | -4 | 0 | -3 | -9 | -17 | -28 | -15 | -6 | 34 |
| Profit After Adjustments | 133 | 144 | 175 | 216 | 248 | 272 | 284 | 333 | 414 | 461 | 293 | 201 |
| Adjusted Earnings Per Share | 7 | 7.6 | 9.3 | 11.4 | 13.1 | 14.4 | 15 | 17.6 | 21.8 | 24.2 | 15.4 | 10.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 4% | 14% | 13% | 9% |
| Operating Profit CAGR | -8% | 9% | 11% | 10% |
| PAT CAGR | -37% | -5% | 2% | 8% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -35% | -4% | 15% | 16% |
| ROE Average | 9% | 14% | 15% | 14% |
| ROCE Average | 14% | 19% | 19% | 19% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 1089 | 1192 | 1383 | 1564 | 1724 | 1858 | 2131 | 2364 | 2821 | 3126 | 3529 |
| Minority's Interest | 58 | 62 | 66 | 61 | 52 | 46 | 46 | 86 | 128 | 139 | 147 |
| Borrowings | 57 | 36 | 7 | 7 | 5 | 4 | 5 | 8 | 43 | 28 | 25 |
| Other Non-Current Liabilities | 45 | 47 | 45 | 37 | 35 | 21 | 27 | 66 | 119 | 77 | 103 |
| Total Current Liabilities | 567 | 522 | 413 | 419 | 405 | 353 | 466 | 773 | 738 | 672 | 717 |
| Total Liabilities | 1816 | 1860 | 1913 | 2088 | 2222 | 2283 | 2676 | 3296 | 3848 | 4041 | 4521 |
| Fixed Assets | 793 | 659 | 705 | 736 | 695 | 748 | 777 | 1006 | 1527 | 1555 | 1716 |
| Other Non-Current Assets | 76 | 265 | 237 | 197 | 227 | 194 | 189 | 642 | 296 | 318 | 405 |
| Total Current Assets | 946 | 908 | 971 | 1155 | 1300 | 1340 | 1709 | 1648 | 2026 | 2169 | 2400 |
| Total Assets | 1816 | 1860 | 1913 | 2088 | 2222 | 2283 | 2676 | 3296 | 3848 | 4041 | 4521 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 103 | 97 | 114 | 130 | 185 | 192 | 360 | 478 | 348 | 396 | 555 |
| Cash Flow from Operating Activities | 326 | 178 | 295 | 213 | 202 | 407 | 451 | 245 | 430 | 602 | 304 |
| Cash Flow from Investing Activities | -7 | -73 | -81 | -75 | -80 | -93 | -269 | -460 | -257 | -186 | -383 |
| Cash Flow from Financing Activities | -162 | -86 | -207 | -83 | -109 | -135 | -66 | 89 | -133 | -214 | -110 |
| Net Cash Inflow / Outflow | 157 | 20 | 7 | 55 | 13 | 179 | 115 | -126 | 40 | 201 | -188 |
| Closing Cash & Cash Equivalent | 131 | 114 | 130 | 185 | 192 | 360 | 478 | 348 | 396 | 555 | 378 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 7.05 | 7.65 | 9.27 | 11.41 | 13.09 | 14.38 | 15 | 17.56 | 21.8 | 24.24 | 15.37 |
| CEPS(Rs) | 12.68 | 12.86 | 14.86 | 17.23 | 18.81 | 20.04 | 20.7 | 24.47 | 33.12 | 35.05 | 26.82 |
| DPS(Rs) | 1.25 | 1.5 | 1.75 | 2.25 | 2.75 | 2.75 | 3 | 3.5 | 3.5 | 4 | 4 |
| Book NAV/Share(Rs) | 57.73 | 63.23 | 73.08 | 82.5 | 90.78 | 97.66 | 111.88 | 123.7 | 147.39 | 162.97 | 183.46 |
| Core EBITDA Margin(%) | 12.15 | 14.68 | 14.73 | 16.64 | 16.09 | 15.29 | 17.49 | 15.96 | 13.81 | 15.46 | 13.98 |
| EBIT Margin(%) | 11.36 | 12.66 | 12.54 | 13.79 | 13.89 | 13.73 | 15.01 | 14.37 | 12.81 | 14.03 | 9.69 |
| Pre Tax Margin(%) | 10.19 | 11.55 | 11.73 | 13.43 | 13.57 | 13.49 | 14.87 | 14.2 | 12.31 | 13.65 | 9.41 |
| PAT Margin (%) | 6.39 | 7.58 | 8.23 | 9.17 | 9.11 | 10.58 | 11.05 | 10.43 | 9.38 | 9.99 | 6.01 |
| Cash Profit Margin (%) | 11.03 | 11.81 | 12.55 | 13.59 | 13.1 | 14.6 | 14.79 | 13.85 | 13.35 | 14 | 10.28 |
| ROA(%) | 7.27 | 8.46 | 9.74 | 10.98 | 11.49 | 12.21 | 11.82 | 11.72 | 12.37 | 12.07 | 6.98 |
| ROE(%) | 12.63 | 13.65 | 14.3 | 14.95 | 15.12 | 15.42 | 14.76 | 15.66 | 17.16 | 16.14 | 9.06 |
| ROCE(%) | 16.46 | 17.68 | 18.37 | 20.46 | 21.5 | 19.1 | 19.49 | 20.33 | 21.47 | 21.28 | 14 |
| Receivable days | 66.41 | 65.63 | 61.16 | 65.2 | 66.43 | 64.29 | 60.47 | 52.35 | 43.09 | 50.04 | 53.07 |
| Inventory Days | 69.4 | 67.49 | 61.9 | 62.84 | 65.21 | 73.06 | 66.59 | 62.63 | 61.6 | 66.99 | 69.95 |
| Payable days | 92.45 | 80.78 | 74.21 | 82.9 | 77.64 | 83.14 | 101.33 | 106.16 | 75.2 | 72.38 | 69.85 |
| PER(x) | 26.73 | 22.94 | 31.4 | 30.46 | 31.02 | 15.27 | 33.95 | 45.44 | 45.42 | 52.24 | 66.24 |
| Price/Book(x) | 3.26 | 2.78 | 3.98 | 4.21 | 4.47 | 2.25 | 4.55 | 6.45 | 6.72 | 7.77 | 5.55 |
| Dividend Yield(%) | 0.66 | 0.85 | 0.6 | 0.65 | 0.68 | 1.25 | 0.59 | 0.44 | 0.35 | 0.32 | 0.39 |
| EV/Net Sales(x) | 1.85 | 1.81 | 2.61 | 2.77 | 2.86 | 1.51 | 3.42 | 4.51 | 4 | 5.03 | 3.91 |
| EV/Core EBITDA(x) | 13.07 | 10.62 | 15.45 | 15.58 | 16.5 | 8.85 | 18.12 | 26.04 | 25.57 | 29 | 25.41 |
| Net Sales Growth(%) | -3.54 | -5.18 | 8.67 | 12.08 | 13.56 | -3.34 | 1.26 | 26.33 | 39.99 | 1.03 | 4.08 |
| EBIT Growth(%) | 34.68 | 5.71 | 7.78 | 17.94 | 14.24 | -5.41 | 11.59 | 21.09 | 25.15 | 10.8 | -27.93 |
| PAT Growth(%) | 45.36 | 12.45 | 18.22 | 19.48 | 12.76 | 11.06 | 6.58 | 19.43 | 26.19 | 7.81 | -37.27 |
| EPS Growth(%) | 44.59 | 8.56 | 21.17 | 23.1 | 14.77 | 9.84 | 4.27 | 17.08 | 24.14 | 11.23 | -36.59 |
| Debt/Equity(x) | 0.31 | 0.27 | 0.11 | 0.08 | 0.06 | 0.03 | 0.02 | 0.09 | 0.08 | 0.04 | 0.03 |
| Current Ratio(x) | 1.67 | 1.74 | 2.35 | 2.76 | 3.21 | 3.79 | 3.67 | 2.13 | 2.74 | 3.23 | 3.35 |
| Quick Ratio(x) | 0.98 | 1.03 | 1.41 | 1.71 | 1.89 | 2.36 | 2.68 | 1.24 | 1.53 | 1.96 | 1.88 |
| Interest Cover(x) | 9.7 | 11.34 | 15.45 | 38.34 | 44.47 | 56.42 | 111.17 | 85.43 | 25.64 | 36.46 | 34.49 |
| Total Debt/Mcap(x) | 0.1 | 0.1 | 0.03 | 0.02 | 0.01 | 0.01 | 0 | 0.01 | 0.01 | 0 | 0.01 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 41.5 | 41.28 | 41.28 | 41.23 | 41.16 | 41.04 | 39.82 | 39.82 | 39.23 | 38.96 |
| FII | 9.98 | 10.15 | 10.63 | 11.71 | 12.76 | 12.71 | 13.01 | 12.11 | 11.81 | 10.88 |
| DII | 29.4 | 29.77 | 29.85 | 29.07 | 28.26 | 28.04 | 28.19 | 28.87 | 29.23 | 29.83 |
| Public | 19.12 | 18.8 | 18.25 | 17.99 | 17.82 | 18.21 | 18.98 | 19.2 | 19.73 | 20.33 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 7.88 | 7.85 | 7.85 | 7.85 | 7.83 | 7.81 | 7.58 | 7.58 | 7.47 | 7.42 |
| FII | 1.9 | 1.93 | 2.02 | 2.23 | 2.43 | 2.42 | 2.48 | 2.31 | 2.25 | 2.07 |
| DII | 5.58 | 5.66 | 5.67 | 5.53 | 5.38 | 5.34 | 5.37 | 5.5 | 5.57 | 5.68 |
| Public | 3.63 | 3.57 | 3.47 | 3.42 | 3.39 | 3.46 | 3.61 | 3.66 | 3.76 | 3.87 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 18.99 | 19 | 19.01 | 19.03 | 19.03 | 19.03 | 19.04 | 19.04 | 19.04 | 19.04 |
* The pros and cons are machine generated.
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