High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Insider Trading: There's significant insider buying recently.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Underperforming stock! In past three years, the stock has provided -4.1% return compared to 8.2% by NIFTY 50.
Valuation | |
|---|---|
| Market Cap | 19.56 kCr |
| Price/Earnings (Trailing) | 99.58 |
| Price/Sales (Trailing) | 3.71 |
| EV/EBITDA | 37.14 |
| Price/Free Cashflow | 291.65 |
| MarketCap/EBT | 78.09 |
| Enterprise Value | 19.16 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 5.28 kCr |
| Rev. Growth (Yr) | 16.2% |
| Earnings (TTM) | 167.8 Cr |
| Earnings Growth (Yr) | -232.9% |
Profitability | |
|---|---|
| Operating Margin | 7% |
| EBT Margin | 5% |
| Return on Equity | 4.19% |
| Return on Assets | 3.17% |
| Free Cashflow Yield | 0.34% |
Growth & Returns | |
|---|---|
| Price Change 1W | -1.6% |
| Price Change 1M | 7.9% |
| Price Change 6M | 16.7% |
| Price Change 1Y | 4.9% |
| 3Y Cumulative Return | -4.1% |
| 5Y Cumulative Return | 11.9% |
| 7Y Cumulative Return | 15.5% |
| 10Y Cumulative Return | 16.6% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -217.01 Cr |
| Cash Flow from Operations (TTM) | 367.35 Cr |
| Cash Flow from Financing (TTM) | 119.16 Cr |
| Cash & Equivalents | 697.88 Cr |
| Free Cash Flow (TTM) | 67.06 Cr |
| Free Cash Flow/Share (TTM) | 3.52 |
Balance Sheet | |
|---|---|
| Total Assets | 5.29 kCr |
| Total Liabilities | 1.28 kCr |
| Shareholder Equity | 4.01 kCr |
| Current Assets | 2.84 kCr |
| Current Liabilities | 1.06 kCr |
| Net PPE | 1.39 kCr |
| Inventory | 1.12 kCr |
| Goodwill | 297.49 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.06 |
| Debt/Equity | 0.08 |
| Interest Coverage | 12.35 |
| Interest/Cashflow Ops | 20.58 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 4 |
| Dividend Yield | 0.39% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.30% |
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Technicals: Bullish SharesGuru indicator.
Balance Sheet: Strong Balance Sheet.
Insider Trading: There's significant insider buying recently.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Underperforming stock! In past three years, the stock has provided -4.1% return compared to 8.2% by NIFTY 50.
Investor Care | |
|---|---|
| Dividend Yield | 0.39% |
| Dividend/Share (TTM) | 4 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 10.31 |
Financial Health | |
|---|---|
| Current Ratio | 2.67 |
| Debt/Equity | 0.08 |
Technical Indicators | |
|---|---|
| RSI (14d) | 47.1 |
| RSI (5d) | 6.11 |
| RSI (21d) | 57.55 |
| MACD Signal | Sell |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Buy |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal | Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
Summary of Carborundum Universal's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Carborundum Universal Limited (CUMI) management expressed a positive outlook for FY27 during the Q4 FY26 earnings call. They reported full-year standalone sales growth of 8.6%, reaching INR 3,024 crores, up from INR 2,784 crores in FY25. The growth was attributed primarily to the Electrominerals segment, which saw an 11.1% increase to INR 906 crores, and a strong performance in the Ceramics segment, growing 6.5% to INR 1,000 crores.
Key financial highlights include:
Looking ahead, management guided for overall consolidated sales growth of 4% to 4.5% in FY27. Excluding contributions from the loss-making Foskor Zirconia and Awuko, the expected comparable growth could be between 11% to 12%. They forecast consolidated sales growth for the Abrasives segment of 5.5% to 6%, and 15% to 15.5% for the Ceramics segment.
Management emphasized ambitions under their Aspiration 2030 initiative, focusing on growth across various segments while expecting improvements in operational efficiencies. They plan a CAPEX of INR 400 crores for FY27, targeting expansions in advanced ceramics and related capabilities.
Overall, the focus is on achieving sustainable growth and expanding market presence in high-demand segments like semiconductors and aerospace, with a commitment to enhancing R&D investments to bolster innovation and competitiveness.
Q1: Firstly, if you can touch upon the SOFC segment? What is your wallet share? Do you see any disruption in the technology that leads to lower adoption of Ceramics? Can this business become meaningful in terms of sales?
A1: We see ourselves as an important player in the SOFC segment, with a line of sight towards significant growth by 2028. While I can't divulge specific wallet share, we believe this segment can become a meaningful revenue contributor, potentially reaching 10-12% of our overall sales in the coming years.
Q2: China has removed the export rebate on Abrasive products. Has domestic market pricing improved because of this?
A2: The removal of the export rebate is recent, and while inventory levels remain high, we believe it is a positive for the domestic market. This could be contributing to the 15% growth we saw in H2, aided by our strategic initiatives.
Q3: What are the growth prospects in the industrial, precision, and retail Abrasives segments going ahead?
A3: Our standalone growth in Abrasives was 6.2% this year. For the next year, we are targeting a growth rate of around 12%, indicating strong momentum across these sub-segments.
Q4: What contributed to the year-over-year growth of 22% in Electrominerals during Q4?
A4: The growth primarily came from volume, with price remaining stable. We have focused on treated products and exports, which have driven overall performance despite the continued intensity of Chinese imports in the sector.
Q5: What is the outlook on the Ceramics and Refractory segment growth for the next year?
A5: We're targeting overall growth of around 14% for the ceramics segment next year, with Industrial Ceramics making up 57% and Refractories 43% of the segment. While I haven't shared individual growth expectations for these, they will align with this broader outlook.
Q6: Can you elaborate on the revenue generation timeline for the semiconductor market?
A6: The qualification process for semiconductor components is lengthy, about 4 to 6 years. We expect meaningful revenue starting in 2029 as we begin to supply products to OEMs after completing necessary tests.
Q7: Any guidance on CAPEX for advancing semiconductor and advanced ceramics capabilities?
A7: We plan to invest INR 400 crores in CAPEX for FY27, focusing on advanced Ceramics and semiconductor capacities to ensure we capitalize on the high-growth potential in these areas.
Q8: How will you ensure investments in high-tech materials become scalable businesses?
A8: We assess market size, growth rates, and expected ROCE for all investments. We are capable of self-funding these programs, as demonstrated by our robust free cash flow and significant planned spending for future growth.
These concise responses capture the essence of the questions and answers provided during the earnings call.
Analysis of Carborundum Universal's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2026
| Description | Share | Value |
|---|---|---|
| Abrasives | 42.5% | 610.1 Cr |
| Electrominerals | 29.8% | 427.3 Cr |
| Ceramics | 24.5% | 351.3 Cr |
| Others | 3.2% | 45.6 Cr |
| Total | 1.4 kCr |
Understand Carborundum Universal ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| AMBADI INVESTMENTS LIMITED | 29.43% |
| SBI CONTRA FUND | 9.67% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C | 4.84% |
| KOTAK PIONEER FUND | 2.39% |
| KOTAK FUNDS - INDIA MIDCAP FUND | 2.05% |
| MURUGAPPA EDUCATIONAL AND MEDICAL FOUNDATION | 2% |
| ICICI PRUDENTIAL SMALLCAP FUND | 1.88% |
| TATA MID CAP FUND | 1.73% |
| HDFC MUTUAL FUND - HDFC CHILDRENS FUND | 1.69% |
| INVESCO INDIA BALANCED ADVANTAGE FUND | 1.33% |
| ADITYA BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C | 1.12% |
| SHAMYAK INVESTMENT PRIVATE LIMITED | 1.05% |
| AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND | 1.02% |
| SOUTHERN ENERGY DEVELOPMENT CORPORATION LTD | 0.76% |
| M.M.MUTHIAH RESEARCH FOUNDATION | 0.58% |
| M A M ARUNACHALAM | 0.53% |
| UMAYAL.R. | 0.51% |
| M.A.ALAGAPPAN | 0.41% |
| A VENKATACHALAM | 0.38% |
| ARUN ALAGAPPAN | 0.25% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Carborundum Universal against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| GRINDWELL | Grindwell Norton | 20.58 kCr | 3.17 kCr | +17.90% | +4.80% | 49.55 | 6.5 | - | - |
| WENDT | Wendt (India) | 1.37 kCr | 241.85 Cr | -1.40% | -19.70% | 93.99 | 5.65 | - | - |
Comprehensive comparison against sector averages
CARBORUNIV metrics compared to Industrial
| Category | CARBORUNIV | Industrial |
|---|---|---|
| PE | 99.58 | 39.78 |
| PS | 3.71 | 2.80 |
| Growth | 6.9 % | 10 % |
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 bonded and coated abrasives, metal working fluids, power tools, non-woven, and tools for stones; and electro minerals, such as alumina, carbides, zirconia, and grit powders. It also provides industrial ceramics used in chemical, defense, electronics, energy, food, heavy industries, lifestyle, medical, and minerals and metallurgy industries; and manufactures super refractories, including as acid proof cement, polymer concrete, anti-corrosive coatings and screedings, construction chemicals, concrete repair and rehabilitation materials, fibre reinforced plastic chemical process equipment, and pipes and fittings for handling corrosives. In addition, the company provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services; and operates gas-based power generation facility. Carborundum Universal Limited was incorporated in 1954 and is based in Chennai, India.
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CARBORUNIV vs Industrial (2021 - 2026)