Carborundum Universal
Carborundum Universal Share Price Chart
Carborundum Universal last traded at ₹1,199.80 (2026-10-13). Over the past month the stock moved +9.9%, three months the stock moved +15.0%, year the stock moved +25.1%. Its closing range over 52 weeks is ₹755.60 – ₹1,295.05, with the latest close 7.4% below the high.
Closing prices up to 2026-10-13.
About Carborundum Universal
Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals. [1]
Business Segments 1) Abrasives (44% in Q2 FY25 vs 38% in FY22): [1] [2] The company manufactures and distributes rigid and flexible abrasives across key product segments like bonded, coated, metal working fluid, and super abrasives. [3] It is one of the largest producers of abrasives in the domestic market with over 30% market share. [4] The segment's revenue increased by 63% from FY22 to FY24, fueled by high demand and the integration of newly acquired subsidiaries in Germany “RHODIUS Abrasive GmbH and CUMI AWUKO Abrasives GmbH” and India “PLUSS Advanced Technologies”. [5]
Fundamentals
Quarterly Results
In the latest quarter (Jun 2026), Carborundum Universal reported sales of ₹1,427.00 crore (+17.1%) and net profit of ₹80.00 crore (+33.3%), compared with the same quarter last year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Jun 2026 | 1,427 | 135.00 | 9.00 | 80.00 | 4.01 |
| Mar 2026 | 1,398 | 144.00 | 10.00 | -40.00 | -0.92 |
| Dec 2025 | 1,291 | 157.00 | 12.00 | 73.00 | 3.99 |
| Sep 2025 | 1,298 | 156.00 | 12.00 | 74.00 | 3.91 |
| Jun 2025 | 1,219 | 121.00 | 10.00 | 60.00 | 3.25 |
| Mar 2025 | 1,217 | 146.00 | 12.00 | 30.00 | 1.53 |
| Dec 2024 | 1,255 | 177.00 | 14.00 | 38.00 | 1.83 |
| Sep 2024 | 1,224 | 195.00 | 16.00 | 116.00 | 6.09 |
| Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +6.8% | +9.0% | +1.3% | +1.8% | +6.0% | +2.9% | +14.9% | +17.1% |
| Operating profit growth | +16.1% | -7.3% | -30.1% | -37.6% | -20.0% | -11.3% | -1.4% | +11.6% |
| Net profit growth | +11.5% | -66.1% | -79.0% | -47.8% | -36.2% | +92.1% | -233.3% | +33.3% |
| EPS growth | +13.6% | -68.8% | -78.4% | -45.3% | -35.8% | +118.0% | -160.1% | +23.4% |
| OPM % | 16.0% | 14.0% | 12.0% | 10.0% | 12.0% | 12.0% | 10.0% | 9.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Annual Financials
In the latest year (Mar 2026), Carborundum Universal reported sales of ₹5,206.00 crore (+6.4%) and net profit of ₹168.00 crore (-43.8%), compared with the previous year.
| Period | Sales | Operating profit | OPM % | Net profit | EPS (₹) |
|---|---|---|---|---|---|
| Mar 2026 | 5,206 | 579.00 | 11.00 | 168.00 | 10.22 |
| Mar 2025 | 4,894 | 717.00 | 15.00 | 299.00 | 15.37 |
| Mar 2024 | 4,702 | 741.00 | 16.00 | 476.00 | 24.24 |
| Mar 2023 | 4,654 | 655.00 | 14.00 | 442.00 | 21.80 |
| Mar 2022 | 3,325 | 540.00 | 16.00 | 350.00 | 17.56 |
| Mar 2021 | 2,632 | 466.00 | 18.00 | 293.00 | 15.00 |
| Mar 2020 | 2,599 | 400.00 | 15.00 | 275.00 | 14.38 |
| Mar 2019 | 2,689 | 439.00 | 16.00 | 248.00 | 13.09 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales growth | +13.3% | -3.3% | +1.3% | +26.3% | +40.0% | +1.0% | +4.1% | +6.4% |
| Operating profit growth | +9.7% | -8.9% | +16.5% | +15.9% | +21.3% | +13.1% | -3.2% | -19.2% |
| Net profit growth | +12.7% | +10.9% | +6.5% | +19.5% | +26.3% | +7.7% | -37.2% | -43.8% |
| EPS growth | +14.7% | +9.9% | +4.3% | +17.1% | +24.1% | +11.2% | -36.6% | -33.5% |
| OPM % | 16.0% | 15.0% | 18.0% | 16.0% | 14.0% | 16.0% | 15.0% | 11.0% |
Colour scale: below -5% -5% to 0% 0% to 5% 5% to 20% 20% and above. A dash means the earlier figure was zero or negative, so a percentage is not meaningful.
Shareholding
AI Analysis
CARBORUNIV is trading at ₹948, up 25.6% in 1 month and 29% YoY, currently 12.6% above its 200-day average and within 12.7% of its 52-week high, indicating strong technical momentum. However, the stock is severely overvalued with P/E of 73.36x (41.5% premium to industry), masking deteriorating profitability—net profit has declined 50% YoY (₹476 Cr to ₹238 Cr TTM) despite flat sales, signaling significant margin compression and capital efficiency concerns (ROCE near 0%, ROE at 6.4%). The recent Hosur facility commissioning presents a growth catalyst, but current valuation leaves minimal margin of safety for retail investors.
- Strong technical momentum with RSI-14 at 55 (bullish zone) and sector rank percentile at 100th percentile, indicating outperformance vs. peers
- Solid balance sheet with D/E ratio of 0.08 (very low leverage) and strong operating cash flow of ₹304 Cr in Mar 2025, providing financial flexibility
- New Hosur facility commercial production launch presents operational leverage opportunity and potential medium-term growth catalyst
- Severe valuation risk: P/E of 73.36x is 41.5% above industry average, with earnings quality deteriorating (net profit halved YoY from ₹476 Cr to ₹238 Cr TTM while sales flat at ₹5025 Cr), leaving minimal downside protection
- Capital efficiency collapse: ROCE near 0% and ROE of 6.4% indicate capital is being deployed inefficiently; OCF declined 49% YoY (₹602 Cr to ₹304 Cr) despite higher investing activity (₹371 Cr), signaling capex drag without commensurate earnings accretion
AI-generated analysis for informational purposes only — not SEBI-registered investment advice.
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Carborundum Universal receives independent ESG rating from Crisil - scanx.trade
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Stock to buy today: Carborundum Universal (₹1,174.55) – BUY - thehindubusinessline.com
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Carborundum Universal Limited Releases FY26 Annual Report and Convenes 72nd AGM on August 7, 2026 - scanx.trade
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Carborundum Universal to hold 72nd AGM on August 7 via video conferencing - scanx.trade
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Carborundum Universal acquires 29.58% stake in Putrim Renewables - scanx.trade
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Carborundum Universal gains 9% to hit 52-week high on Q4, dividend news - Business Standard
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Carborundum Universal gains 9% to hit 52-week high on Q4, dividend news - Business Standard
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Carborundum Universal gains 9% to hit 52-week high on Q4, dividend news - Business Standard
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Carborundum Universal Posts Strong Standalone FY26 Results; Consolidated Profit Impacted by Exceptional Items - scanx.trade
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Carborundum Universal begins commercial production at Hosur facility
Frequently Asked Questions
What is Carborundum Universal's current stock price?
Carborundum Universal shares were last quoted at ₹1,199.80 (-0.2% on the day). Use the Refresh price button on this page for the latest available price. Prices are for information only.
What is the P/E ratio of Carborundum Universal?
Carborundum Universal has a price-to-earnings (P/E) ratio of 116.42 and a price-to-book (P/B) ratio of 6.13. The industry P/E is 56.24.
What is the 52-week high and low of Carborundum Universal?
The 52-week high of Carborundum Universal is ₹1,369.05 and the 52-week low is ₹734.65.
What is the market cap of Carborundum Universal?
The market capitalisation of Carborundum Universal is about ₹24,351.35 crore.
How did Carborundum Universal perform in its latest quarterly results?
In the latest quarter (Jun 2026), Carborundum Universal reported sales of ₹1,427.00 crore (+17.1%) and net profit of ₹80.00 crore (+33.3%), compared with the same quarter last year.
Is Carborundum Universal a good stock to buy?
This page is for information and is not investment advice. As per the data shown here, Carborundum Universal has a 3-year ROE of 11.00%, 3-year profit growth of -14.00%. Review the fundamentals, quarterly results and AI analysis on StockSpin, and consult a SEBI-registered adviser before investing.
What is the promoter holding in Carborundum Universal?
Promoters hold about 38.90% of Carborundum Universal.
Which sector does Carborundum Universal belong to?
Carborundum Universal belongs to the Abrasives sector.