Share Price and Basic Stock Data
Last Updated: November 3, 2025, 8:23 pm
| PEG Ratio | -11.03 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Carborundum Universal Ltd operates in the abrasives and grinding wheels industry, showcasing a robust financial profile with a market capitalization of ₹17,297 Cr. The company reported sales of ₹4,654 Cr for the fiscal year ending March 2023, which rose to ₹4,702 Cr in March 2024, demonstrating a steady revenue growth trajectory. The trailing twelve months (TTM) sales stood at ₹4,916 Cr, reflecting an increasing demand for its products. Quarterly sales figures also illustrate resilience, with the latest reported sales of ₹1,224 Cr in September 2024, indicating a consistent performance amid market fluctuations. Notably, the operating profit margin (OPM) averaged around 15% over the last fiscal year, underscoring operational efficiency. The company’s ability to maintain sales growth, amidst varying operating expenses, is a key factor in its competitive positioning within the abrasives sector, which is generally characterized by a consolidated market structure.
Profitability and Efficiency Metrics
Carborundum Universal Ltd’s profitability metrics reveal a mixed performance. The net profit for the fiscal year 2024 was reported at ₹476 Cr, a decline from ₹442 Cr in 2023, translating to a net profit margin of approximately 10%. Despite this, the company maintained a return on equity (ROE) of 10.8% and a return on capital employed (ROCE) of 16.1%, both metrics indicating a reasonable return on investment relative to sector norms. The interest coverage ratio (ICR) was exceptionally high at 53.88x, reflecting the company’s strong ability to meet its interest obligations. However, the operating profit margin dropped to 15% for FY 2025, down from 16% in the previous fiscal year, suggesting some pressures on profitability. The cash conversion cycle stood at 201 days, which is relatively long compared to sector averages, indicating potential inefficiencies in working capital management, particularly in inventory management.
Balance Sheet Strength and Financial Ratios
The balance sheet of Carborundum Universal Ltd is characterized by a conservative capital structure, with total borrowings reported at ₹216 Cr against reserves of ₹3,510 Cr. This translates to a debt-to-equity ratio of only 0.03, indicating low financial leverage and reduced risk from debt obligations. The current ratio stood at 3.35, well above the typical benchmark of 1.5, demonstrating strong liquidity and the ability to cover short-term liabilities. In terms of asset management, the inventory turnover ratio was reported at 5.14, suggesting efficiency in converting inventory into sales. The price-to-book value (P/BV) ratio of 5.50x indicates a premium valuation, which may reflect investor confidence but also suggests potential overvaluation risks. The company’s return on assets (ROA) at 6.30% is modest, indicating room for improvement in asset utilization compared to sector averages, which often exceed 10%.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Carborundum Universal Ltd reveals a diversified investor base, with promoters holding 39.23% of shares, while domestic institutional investors (DIIs) account for 29.22% and foreign institutional investors (FIIs) hold 11.81%. This distribution reflects a balanced ownership structure conducive to corporate governance. The number of shareholders increased to 69,834, indicating growing retail investor interest. However, the gradual decline in promoter holdings from 41.90% in September 2022 to the current level may raise concerns about long-term commitment. The rise in institutional holdings, particularly among FIIs, suggests increased confidence in the company’s strategic direction. The dividend payout ratio for FY 2025 was reported at 26%, which is higher than the previous year’s 14.42%, indicating a commitment to returning value to shareholders, though it may also limit reinvestment in growth initiatives.
Outlook, Risks, and Final Insight
Looking ahead, Carborundum Universal Ltd faces both opportunities and challenges. The steady demand for abrasives in various industries could support revenue growth, particularly as sectors like automotive and manufacturing recover post-pandemic. However, risks include potential fluctuations in raw material costs and pressure on margins due to competitive pricing strategies. Additionally, the long cash conversion cycle may hinder operational flexibility. If the company manages to optimize its working capital and improve efficiency, it could enhance profitability metrics. Conversely, failure to address these operational inefficiencies might lead to stagnation in profit growth. Overall, while the company is well-positioned within the abrasives market, its future performance will hinge on effectively navigating these risks and leveraging growth opportunities in a competitive landscape.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Carborundum Universal Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Wendt India Ltd | 1,710 Cr. | 8,546 | 18,034/8,162 | 62.0 | 1,218 | 0.59 % | 19.8 % | 15.1 % | 10.0 |
| Grindwell Norton Ltd | 18,561 Cr. | 1,672 | 2,307/1,356 | 48.8 | 206 | 1.02 % | 20.9 % | 16.0 % | 5.00 |
| Carborundum Universal Ltd | 17,303 Cr. | 909 | 1,531/809 | 69.2 | 185 | 0.44 % | 16.1 % | 10.8 % | 1.00 |
| Industry Average | 12,524.67 Cr | 3,709.00 | 60.00 | 536.33 | 0.68% | 18.93% | 13.97% | 5.33 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,140 | 1,128 | 1,187 | 1,200 | 1,203 | 1,146 | 1,151 | 1,201 | 1,198 | 1,224 | 1,255 | 1,217 | 1,219 |
| Expenses | 1,012 | 965 | 1,016 | 1,009 | 1,034 | 979 | 960 | 992 | 1,004 | 1,029 | 1,078 | 1,071 | 1,098 |
| Operating Profit | 127 | 163 | 171 | 190 | 169 | 168 | 191 | 209 | 194 | 195 | 177 | 146 | 121 |
| OPM % | 11% | 14% | 14% | 16% | 14% | 15% | 17% | 17% | 16% | 16% | 14% | 12% | 10% |
| Other Income | 32 | 18 | 30 | 59 | 41 | 31 | 25 | 25 | 19 | 23 | -77 | 18 | 27 |
| Interest | 4 | 5 | 7 | 7 | 5 | 5 | 5 | 4 | 3 | 4 | 4 | 3 | 3 |
| Depreciation | 43 | 44 | 47 | 53 | 46 | 46 | 48 | 51 | 51 | 52 | 53 | 56 | 59 |
| Profit before tax | 112 | 131 | 147 | 190 | 160 | 148 | 163 | 180 | 158 | 162 | 43 | 105 | 86 |
| Tax % | 23% | 29% | 23% | 22% | 26% | 30% | 31% | 21% | 27% | 28% | 13% | 71% | 30% |
| Net Profit | 86 | 94 | 113 | 149 | 118 | 104 | 112 | 143 | 115 | 116 | 38 | 30 | 60 |
| EPS in Rs | 4.15 | 4.69 | 5.75 | 7.22 | 5.96 | 5.36 | 5.86 | 7.09 | 5.94 | 6.09 | 1.83 | 1.53 | 3.25 |
Last Updated: August 20, 2025, 12:25 pm
Below is a detailed analysis of the quarterly data for Carborundum Universal Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 1,219.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,217.00 Cr. (Mar 2025) to 1,219.00 Cr., marking an increase of 2.00 Cr..
- For Expenses, as of Jun 2025, the value is 1,098.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,071.00 Cr. (Mar 2025) to 1,098.00 Cr., marking an increase of 27.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 121.00 Cr.. The value appears to be declining and may need further review. It has decreased from 146.00 Cr. (Mar 2025) to 121.00 Cr., marking a decrease of 25.00 Cr..
- For OPM %, as of Jun 2025, the value is 10.00%. The value appears to be declining and may need further review. It has decreased from 12.00% (Mar 2025) to 10.00%, marking a decrease of 2.00%.
- For Other Income, as of Jun 2025, the value is 27.00 Cr.. The value appears strong and on an upward trend. It has increased from 18.00 Cr. (Mar 2025) to 27.00 Cr., marking an increase of 9.00 Cr..
- For Interest, as of Jun 2025, the value is 3.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 3.00 Cr..
- For Depreciation, as of Jun 2025, the value is 59.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 56.00 Cr. (Mar 2025) to 59.00 Cr., marking an increase of 3.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 86.00 Cr.. The value appears to be declining and may need further review. It has decreased from 105.00 Cr. (Mar 2025) to 86.00 Cr., marking a decrease of 19.00 Cr..
- For Tax %, as of Jun 2025, the value is 30.00%. The value appears to be improving (decreasing) as expected. It has decreased from 71.00% (Mar 2025) to 30.00%, marking a decrease of 41.00%.
- For Net Profit, as of Jun 2025, the value is 60.00 Cr.. The value appears strong and on an upward trend. It has increased from 30.00 Cr. (Mar 2025) to 60.00 Cr., marking an increase of 30.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 3.25. The value appears strong and on an upward trend. It has increased from 1.53 (Mar 2025) to 3.25, marking an increase of 1.72.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: August 22, 2025, 5:32 pm
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,118 | 2,042 | 1,944 | 2,112 | 2,374 | 2,689 | 2,599 | 2,632 | 3,325 | 4,654 | 4,702 | 4,894 | 4,916 |
| Expenses | 1,862 | 1,808 | 1,636 | 1,777 | 1,975 | 2,250 | 2,199 | 2,166 | 2,784 | 3,999 | 3,961 | 4,178 | 4,276 |
| Operating Profit | 256 | 234 | 308 | 336 | 400 | 439 | 400 | 466 | 540 | 655 | 741 | 717 | 639 |
| OPM % | 12% | 11% | 16% | 16% | 17% | 16% | 15% | 18% | 16% | 14% | 16% | 15% | 13% |
| Other Income | 18 | 112 | 39 | 41 | 37 | 46 | 62 | 32 | 56 | 136 | 118 | -23 | -10 |
| Interest | 28 | 25 | 23 | 18 | 9 | 8 | 6 | 4 | 6 | 24 | 18 | 14 | 14 |
| Depreciation | 91 | 100 | 87 | 96 | 106 | 108 | 105 | 99 | 115 | 187 | 191 | 212 | 220 |
| Profit before tax | 154 | 220 | 237 | 262 | 322 | 369 | 351 | 395 | 477 | 580 | 650 | 468 | 396 |
| Tax % | 38% | 37% | 34% | 30% | 32% | 33% | 22% | 26% | 27% | 24% | 27% | 36% | |
| Net Profit | 95 | 138 | 155 | 184 | 220 | 248 | 275 | 293 | 350 | 442 | 476 | 299 | 244 |
| EPS in Rs | 4.87 | 7.05 | 7.65 | 9.27 | 11.41 | 13.09 | 14.38 | 15.00 | 17.56 | 21.80 | 24.24 | 15.37 | 12.70 |
| Dividend Payout % | 26% | 18% | 20% | 19% | 20% | 21% | 19% | 20% | 20% | 16% | 16% | 26% |
YoY Net Profit Growth
| Year | 2014-2015 | 2015-2016 | 2016-2017 | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 45.26% | 12.32% | 18.71% | 19.57% | 12.73% | 10.89% | 6.55% | 19.45% | 26.29% | 7.69% | -37.18% |
| Change in YoY Net Profit Growth (%) | 0.00% | -32.94% | 6.39% | 0.86% | -6.84% | -1.84% | -4.34% | 12.91% | 6.83% | -18.59% | -44.88% |
Carborundum Universal Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 13% |
| 3 Years: | 14% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 6% |
| 3 Years: | 2% |
| TTM: | -24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 30% |
| 3 Years: | 4% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 14% |
| 3 Years: | 14% |
| Last Year: | 11% |
Last Updated: September 5, 2025, 1:35 am
Balance Sheet
Last Updated: July 25, 2025, 3:26 pm
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 1,087 | 1,070 | 1,173 | 1,364 | 1,545 | 1,705 | 1,839 | 2,113 | 2,345 | 2,802 | 3,107 | 3,510 |
| Borrowings | 456 | 340 | 320 | 156 | 129 | 97 | 70 | 62 | 240 | 277 | 172 | 216 |
| Other Liabilities | 423 | 387 | 348 | 374 | 394 | 401 | 354 | 486 | 692 | 774 | 793 | 835 |
| Total Liabilities | 1,986 | 1,816 | 1,860 | 1,913 | 2,088 | 2,222 | 2,283 | 2,679 | 3,296 | 3,872 | 4,091 | 4,580 |
| Fixed Assets | 897 | 793 | 659 | 705 | 736 | 695 | 748 | 777 | 1,006 | 1,527 | 1,555 | 1,716 |
| CWIP | 40 | 43 | 85 | 73 | 30 | 46 | 39 | 28 | 58 | 87 | 84 | 118 |
| Investments | 37 | 41 | 131 | 124 | 180 | 227 | 189 | 127 | 138 | 161 | 172 | 201 |
| Other Assets | 1,012 | 938 | 985 | 1,011 | 1,141 | 1,254 | 1,307 | 1,747 | 2,094 | 2,096 | 2,280 | 2,544 |
| Total Assets | 1,986 | 1,816 | 1,860 | 1,913 | 2,088 | 2,222 | 2,283 | 2,679 | 3,296 | 3,872 | 4,091 | 4,580 |
Below is a detailed analysis of the balance sheet data for Carborundum Universal Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 19.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 19.00 Cr..
- For Reserves, as of Mar 2025, the value is 3,510.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,107.00 Cr. (Mar 2024) to 3,510.00 Cr., marking an increase of 403.00 Cr..
- For Borrowings, as of Mar 2025, the value is 216.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 172.00 Cr. (Mar 2024) to 216.00 Cr., marking an increase of 44.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 835.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 793.00 Cr. (Mar 2024) to 835.00 Cr., marking an increase of 42.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 4,580.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 4,091.00 Cr. (Mar 2024) to 4,580.00 Cr., marking an increase of 489.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 1,716.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,555.00 Cr. (Mar 2024) to 1,716.00 Cr., marking an increase of 161.00 Cr..
- For CWIP, as of Mar 2025, the value is 118.00 Cr.. The value appears strong and on an upward trend. It has increased from 84.00 Cr. (Mar 2024) to 118.00 Cr., marking an increase of 34.00 Cr..
- For Investments, as of Mar 2025, the value is 201.00 Cr.. The value appears strong and on an upward trend. It has increased from 172.00 Cr. (Mar 2024) to 201.00 Cr., marking an increase of 29.00 Cr..
- For Other Assets, as of Mar 2025, the value is 2,544.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,280.00 Cr. (Mar 2024) to 2,544.00 Cr., marking an increase of 264.00 Cr..
- For Total Assets, as of Mar 2025, the value is 4,580.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,091.00 Cr. (Mar 2024) to 4,580.00 Cr., marking an increase of 489.00 Cr..
Notably, the Reserves (3,510.00 Cr.) exceed the Borrowings (216.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -200.00 | -106.00 | -12.00 | 180.00 | 271.00 | 342.00 | 330.00 | 404.00 | 300.00 | 378.00 | 569.00 | 501.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 72 | 66 | 69 | 66 | 73 | 70 | 56 | 66 | 53 | 49 | 53 | 57 |
| Inventory Days | 213 | 198 | 198 | 192 | 199 | 204 | 209 | 187 | 218 | 191 | 183 | 215 |
| Days Payable | 98 | 87 | 72 | 82 | 90 | 80 | 80 | 123 | 117 | 72 | 73 | 71 |
| Cash Conversion Cycle | 186 | 177 | 196 | 176 | 182 | 194 | 185 | 130 | 154 | 169 | 163 | 201 |
| Working Capital Days | 59 | 44 | 56 | 74 | 85 | 95 | 88 | 77 | 57 | 70 | 73 | 97 |
| ROCE % | 11% | 10% | 17% | 18% | 20% | 21% | 18% | 19% | 20% | 20% | 20% | 16% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Small Cap Fund | 4,939,842 | 2.23 | 555.56 | 4,939,842 | 2025-04-22 14:12:25 | 0% |
| Kotak Small Cap Fund - Regular Plan | 4,000,051 | 3.12 | 449.87 | 4,000,051 | 2025-04-22 15:56:59 | 0% |
| SBI Multicap Fund | 3,500,000 | 2.68 | 393.63 | 3,500,000 | 2025-04-22 15:56:59 | 0% |
| SBI Magnum Midcap Fund | 3,320,000 | 2.34 | 373.38 | 3,320,000 | 2025-04-22 15:56:59 | 0% |
| Nippon India Small Cap Fund | 3,265,582 | 0.8 | 367.26 | 3,265,582 | 2025-04-22 15:56:59 | 0% |
| SBI Flexi Cap Fund | 2,802,000 | 1.56 | 315.13 | 2,802,000 | 2025-04-22 15:56:59 | 0% |
| Franklin India Smaller Companies Fund | 1,812,883 | 1.72 | 203.89 | 1,812,883 | 2025-04-22 15:56:59 | 0% |
| Nippon India Growth Fund | 1,675,041 | 0.77 | 188.38 | 1,675,041 | 2025-04-22 15:56:59 | 0% |
| Axis Small Cap Fund | 1,650,618 | 0.95 | 185.64 | 1,650,618 | 2025-04-22 15:56:59 | 0% |
| HSBC Small Cap Fund - Regular Plan | 1,625,821 | 1.31 | 182.85 | 1,625,821 | 2025-04-22 15:56:59 | 0% |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 | Mar 21 |
|---|---|---|---|---|---|
| FaceValue | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Basic EPS (Rs.) | 15.58 | 24.27 | 21.80 | 17.57 | 15.01 |
| Diluted EPS (Rs.) | 15.55 | 24.22 | 21.80 | 17.57 | 14.99 |
| Cash EPS (Rs.) | 24.45 | 32.75 | 31.15 | 23.40 | 19.91 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 185.31 | 171.61 | 155.23 | 129.03 | 114.87 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 185.31 | 171.61 | 155.23 | 129.03 | 114.87 |
| Revenue From Operations / Share (Rs.) | 257.02 | 247.15 | 245.04 | 175.12 | 138.81 |
| PBDIT / Share (Rs.) | 39.53 | 42.86 | 38.36 | 30.36 | 26.21 |
| PBIT / Share (Rs.) | 28.40 | 32.84 | 28.50 | 24.33 | 20.97 |
| PBT / Share (Rs.) | 22.20 | 31.87 | 28.57 | 24.03 | 20.02 |
| Net Profit / Share (Rs.) | 13.31 | 22.72 | 21.29 | 17.37 | 14.66 |
| NP After MI And SOA / Share (Rs.) | 15.37 | 24.24 | 21.80 | 17.56 | 15.00 |
| PBDIT Margin (%) | 15.38 | 17.34 | 15.65 | 17.33 | 18.88 |
| PBIT Margin (%) | 11.04 | 13.28 | 11.62 | 13.89 | 15.10 |
| PBT Margin (%) | 8.63 | 12.89 | 11.65 | 13.72 | 14.42 |
| Net Profit Margin (%) | 5.17 | 9.19 | 8.68 | 9.91 | 10.56 |
| NP After MI And SOA Margin (%) | 5.98 | 9.80 | 8.89 | 10.02 | 10.80 |
| Return on Networth / Equity (%) | 8.29 | 14.75 | 14.67 | 14.10 | 13.33 |
| Return on Capital Employeed (%) | 13.77 | 17.98 | 16.98 | 18.11 | 17.88 |
| Return On Assets (%) | 6.30 | 11.10 | 10.54 | 10.03 | 10.57 |
| Long Term Debt / Equity (X) | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 |
| Total Debt / Equity (X) | 0.03 | 0.03 | 0.08 | 0.08 | 0.01 |
| Asset Turnover Ratio (%) | 1.11 | 1.16 | 0.87 | 0.89 | 0.80 |
| Current Ratio (X) | 3.35 | 3.20 | 2.74 | 2.13 | 3.67 |
| Quick Ratio (X) | 1.88 | 1.95 | 1.53 | 1.24 | 2.68 |
| Inventory Turnover Ratio (X) | 5.14 | 1.74 | 1.87 | 2.07 | 1.49 |
| Dividend Payout Ratio (NP) (%) | 26.00 | 14.42 | 16.05 | 17.07 | 0.00 |
| Dividend Payout Ratio (CP) (%) | 15.08 | 10.20 | 11.05 | 12.70 | 0.00 |
| Earning Retention Ratio (%) | 74.00 | 85.58 | 83.95 | 82.93 | 0.00 |
| Cash Earning Retention Ratio (%) | 84.92 | 89.80 | 88.95 | 87.30 | 0.00 |
| Interest Coverage Ratio (X) | 53.88 | 44.47 | 30.96 | 102.13 | 138.74 |
| Interest Coverage Ratio (Post Tax) (X) | 26.60 | 24.57 | 17.13 | 59.42 | 82.62 |
| Enterprise Value (Cr.) | 19277.35 | 23791.49 | 18759.10 | 15095.50 | 9050.98 |
| EV / Net Operating Revenue (X) | 3.94 | 5.06 | 4.03 | 4.54 | 3.44 |
| EV / EBITDA (X) | 25.61 | 29.17 | 25.75 | 26.19 | 18.21 |
| MarketCap / Net Operating Revenue (X) | 3.96 | 5.12 | 4.04 | 4.56 | 3.67 |
| Retention Ratios (%) | 73.99 | 85.57 | 83.94 | 82.92 | 0.00 |
| Price / BV (X) | 5.50 | 7.71 | 6.67 | 6.41 | 4.53 |
| Price / Net Operating Revenue (X) | 3.96 | 5.12 | 4.04 | 4.56 | 3.67 |
| EarningsYield | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 |
After reviewing the key financial ratios for Carborundum Universal Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 1.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 1.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 15.58. This value is within the healthy range. It has decreased from 24.27 (Mar 24) to 15.58, marking a decrease of 8.69.
- For Diluted EPS (Rs.), as of Mar 25, the value is 15.55. This value is within the healthy range. It has decreased from 24.22 (Mar 24) to 15.55, marking a decrease of 8.67.
- For Cash EPS (Rs.), as of Mar 25, the value is 24.45. This value is within the healthy range. It has decreased from 32.75 (Mar 24) to 24.45, marking a decrease of 8.30.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 185.31. It has increased from 171.61 (Mar 24) to 185.31, marking an increase of 13.70.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 185.31. It has increased from 171.61 (Mar 24) to 185.31, marking an increase of 13.70.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 257.02. It has increased from 247.15 (Mar 24) to 257.02, marking an increase of 9.87.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 39.53. This value is within the healthy range. It has decreased from 42.86 (Mar 24) to 39.53, marking a decrease of 3.33.
- For PBIT / Share (Rs.), as of Mar 25, the value is 28.40. This value is within the healthy range. It has decreased from 32.84 (Mar 24) to 28.40, marking a decrease of 4.44.
- For PBT / Share (Rs.), as of Mar 25, the value is 22.20. This value is within the healthy range. It has decreased from 31.87 (Mar 24) to 22.20, marking a decrease of 9.67.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 13.31. This value is within the healthy range. It has decreased from 22.72 (Mar 24) to 13.31, marking a decrease of 9.41.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 15.37. This value is within the healthy range. It has decreased from 24.24 (Mar 24) to 15.37, marking a decrease of 8.87.
- For PBDIT Margin (%), as of Mar 25, the value is 15.38. This value is within the healthy range. It has decreased from 17.34 (Mar 24) to 15.38, marking a decrease of 1.96.
- For PBIT Margin (%), as of Mar 25, the value is 11.04. This value is within the healthy range. It has decreased from 13.28 (Mar 24) to 11.04, marking a decrease of 2.24.
- For PBT Margin (%), as of Mar 25, the value is 8.63. This value is below the healthy minimum of 10. It has decreased from 12.89 (Mar 24) to 8.63, marking a decrease of 4.26.
- For Net Profit Margin (%), as of Mar 25, the value is 5.17. This value is within the healthy range. It has decreased from 9.19 (Mar 24) to 5.17, marking a decrease of 4.02.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 5.98. This value is below the healthy minimum of 8. It has decreased from 9.80 (Mar 24) to 5.98, marking a decrease of 3.82.
- For Return on Networth / Equity (%), as of Mar 25, the value is 8.29. This value is below the healthy minimum of 15. It has decreased from 14.75 (Mar 24) to 8.29, marking a decrease of 6.46.
- For Return on Capital Employeed (%), as of Mar 25, the value is 13.77. This value is within the healthy range. It has decreased from 17.98 (Mar 24) to 13.77, marking a decrease of 4.21.
- For Return On Assets (%), as of Mar 25, the value is 6.30. This value is within the healthy range. It has decreased from 11.10 (Mar 24) to 6.30, marking a decrease of 4.80.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.01. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.01.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.03. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.03.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 1.11. It has decreased from 1.16 (Mar 24) to 1.11, marking a decrease of 0.05.
- For Current Ratio (X), as of Mar 25, the value is 3.35. This value exceeds the healthy maximum of 3. It has increased from 3.20 (Mar 24) to 3.35, marking an increase of 0.15.
- For Quick Ratio (X), as of Mar 25, the value is 1.88. This value is within the healthy range. It has decreased from 1.95 (Mar 24) to 1.88, marking a decrease of 0.07.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 5.14. This value is within the healthy range. It has increased from 1.74 (Mar 24) to 5.14, marking an increase of 3.40.
- For Dividend Payout Ratio (NP) (%), as of Mar 25, the value is 26.00. This value is within the healthy range. It has increased from 14.42 (Mar 24) to 26.00, marking an increase of 11.58.
- For Dividend Payout Ratio (CP) (%), as of Mar 25, the value is 15.08. This value is below the healthy minimum of 20. It has increased from 10.20 (Mar 24) to 15.08, marking an increase of 4.88.
- For Earning Retention Ratio (%), as of Mar 25, the value is 74.00. This value exceeds the healthy maximum of 70. It has decreased from 85.58 (Mar 24) to 74.00, marking a decrease of 11.58.
- For Cash Earning Retention Ratio (%), as of Mar 25, the value is 84.92. This value exceeds the healthy maximum of 70. It has decreased from 89.80 (Mar 24) to 84.92, marking a decrease of 4.88.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 53.88. This value is within the healthy range. It has increased from 44.47 (Mar 24) to 53.88, marking an increase of 9.41.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 26.60. This value is within the healthy range. It has increased from 24.57 (Mar 24) to 26.60, marking an increase of 2.03.
- For Enterprise Value (Cr.), as of Mar 25, the value is 19,277.35. It has decreased from 23,791.49 (Mar 24) to 19,277.35, marking a decrease of 4,514.14.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 3.94. This value exceeds the healthy maximum of 3. It has decreased from 5.06 (Mar 24) to 3.94, marking a decrease of 1.12.
- For EV / EBITDA (X), as of Mar 25, the value is 25.61. This value exceeds the healthy maximum of 15. It has decreased from 29.17 (Mar 24) to 25.61, marking a decrease of 3.56.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 3.96. This value exceeds the healthy maximum of 3. It has decreased from 5.12 (Mar 24) to 3.96, marking a decrease of 1.16.
- For Retention Ratios (%), as of Mar 25, the value is 73.99. This value exceeds the healthy maximum of 70. It has decreased from 85.57 (Mar 24) to 73.99, marking a decrease of 11.58.
- For Price / BV (X), as of Mar 25, the value is 5.50. This value exceeds the healthy maximum of 3. It has decreased from 7.71 (Mar 24) to 5.50, marking a decrease of 2.21.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 3.96. This value exceeds the healthy maximum of 3. It has decreased from 5.12 (Mar 24) to 3.96, marking a decrease of 1.16.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
|
Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Carborundum Universal Ltd:
- Net Profit Margin: 5.17%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 13.77% (Industry Average ROCE: 18.93%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 8.29% (Industry Average ROE: 13.97%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 26.6
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.88
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 69.2 (Industry average Stock P/E: 60)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.03
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 5.17%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Abrasives And Grinding Wheels | Dare House, No.234, N.S.C. Bose Road, Parrys, Chennai (Madras) Tamil Nadu 600001 | cumigeneral@cumi.murugappa.com http://www.cumi-murugappa.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. M M Murugappan | Chairman |
| Mr. Sridharan Rangarajan | Managing Director |
| Mr. P S Raghavan | Director |
| Mr. Sujjain S Talwar | Director |
| Mr. Sriram Viji | Director |
| Mrs. Usha Rajeev | Director |
| Mr. Muthiah Murugappan Muthiah | Director |
FAQ
What is the intrinsic value of Carborundum Universal Ltd?
Carborundum Universal Ltd's intrinsic value (as of 03 November 2025) is 1110.96 which is 22.22% higher the current market price of 909.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 17,303 Cr. market cap, FY2025-2026 high/low of 1,531/809, reserves of ₹3,510 Cr, and liabilities of 4,580 Cr.
What is the Market Cap of Carborundum Universal Ltd?
The Market Cap of Carborundum Universal Ltd is 17,303 Cr..
What is the current Stock Price of Carborundum Universal Ltd as on 03 November 2025?
The current stock price of Carborundum Universal Ltd as on 03 November 2025 is 909.
What is the High / Low of Carborundum Universal Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Carborundum Universal Ltd stocks is 1,531/809.
What is the Stock P/E of Carborundum Universal Ltd?
The Stock P/E of Carborundum Universal Ltd is 69.2.
What is the Book Value of Carborundum Universal Ltd?
The Book Value of Carborundum Universal Ltd is 185.
What is the Dividend Yield of Carborundum Universal Ltd?
The Dividend Yield of Carborundum Universal Ltd is 0.44 %.
What is the ROCE of Carborundum Universal Ltd?
The ROCE of Carborundum Universal Ltd is 16.1 %.
What is the ROE of Carborundum Universal Ltd?
The ROE of Carborundum Universal Ltd is 10.8 %.
What is the Face Value of Carborundum Universal Ltd?
The Face Value of Carborundum Universal Ltd is 1.00.