Carborundum Universal Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 16.1%)
- ✓Virtually debt-free
Concerns
- ✗Premium to sector peers (P/E 81.1x vs industry 51.6x)
- ✗Trading near 52-week high (₹1,038)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| BEL Bharat Electronics Limited | ₹422 | ₹3.2L Cr | 53.9 | 14.31 | 29.2 | 38.9 | 0 |
| HAL Hindustan Aeronautics Limited | ₹4,606 | ₹3.2L Cr | 36 | 8.3 | 26.1 | 33.9 | 0 |
| CUMMINSIND Cummins India Limited | ₹5,212 | ₹1.5L Cr | 64.3 | 18.29 | 28.2 | 36.3 | 0 |
| ABB ABB India Limited | ₹6,288 | ₹1.5L Cr | 97.6 | 16.99 | 22.4 | 29.9 | 0.01 |
| BHEL Bharat Heavy Electricals Limited | ₹398 | ₹1.4L Cr | 88 | 5.3 | 6.29 | 8.51 | 0.45 |
| CGPOWER CG Power and Industrial Solutions Limited | ₹837 | ₹1.4L Cr | 112 | 16.55 | 20.8 | 27 | 0.02 |
| POLYCAB Polycab India Limited | ₹8,972 | ₹1.4L Cr | 51.2 | 11.24 | 24.5 | 34.3 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
CARBORUNIV · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 41.27% | 41.24% | 41.16% | 41.05% | 39.82% | 39.82% |
| FII | 10.63% | 11.72% | 12.76% | 12.71% | 13.01% | 12.11% |
| DII | 29.84% | 29.06% | 28.24% | 28.03% | 28.18% | 28.86% |
| Public | 18.24% | 17.99% | 17.80% | 18.20% | 18.97% | 19.21% |
| Govt | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% | 0.01% |
Corporate Events
To consider and approve the audited financial results for the period ended March 31, 2026 and consider final dividend, if any.
Interim Dividend - Rs 1.50 Per Share
Dividend - Rs 2.50 Per Share
Interim Dividend - Rs 1.50 Per Share
Record: 18 Feb 2025
Annual General Meeting/Dividend - Rs 2.50 Per Share
Interim Dividend - Rs 1.50 Per Share
Annual General Meeting/Dividend - Rs 2 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1.3K Cr ▼0.5% | ₹1.3K Cr ▲6.5% | ₹1.2K Cr ▲0.2% | ₹1.2K Cr ▼3.0% | ₹1.3K Cr ▲2.5% | ₹1.2K Cr ▲2.2% | ₹1.2K Cr ▼0.2% | ₹1.2K Cr |
| Op. Profit | ₹157 Cr ▲0.6% | ₹156 Cr ▲28.9% | ₹121 Cr ▼17.1% | ₹146 Cr ▼17.5% | ₹177 Cr ▼9.2% | ₹195 Cr ▲0.5% | ₹194 Cr ▼7.2% | ₹209 Cr |
| OPM | 12.0% ▲0.0% | 12.0% ▲20.0% | 10.0% ▼16.7% | 12.0% ▼14.3% | 14.0% ▼12.5% | 16.0% ▲0.0% | 16.0% ▼5.9% | 17.0% |
| Net Profit | ₹73 Cr ▼1.4% | ₹74 Cr ▲23.3% | ₹60 Cr ▲100.0% | ₹30 Cr ▼21.1% | ₹38 Cr ▼67.2% | ₹116 Cr ▲0.9% | ₹115 Cr ▼19.6% | ₹143 Cr |
| EPS (₹) | 3.99 ▲2.0% | 3.91 ▲20.3% | 3.25 ▲112.4% | 1.53 ▼16.4% | 1.83 ▼70.0% | 6.09 ▲2.5% | 5.94 ▼16.2% | 7.09 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹4.9K Cr ▲4.1% | ₹4.7K Cr ▲1.0% | ₹4.7K Cr ▲40.0% | ₹3.3K Cr ▲26.3% | ₹2.6K Cr ▲1.3% | ₹2.6K Cr ▼3.3% | ₹2.7K Cr ▲13.3% | ₹2.4K Cr ▲12.4% | ₹2.1K Cr |
| Expenses | ₹4.2K Cr ▲5.5% | ₹4.0K Cr ▼1.0% | ₹4.0K Cr ▲43.6% | ₹2.8K Cr ▲28.5% | ₹2.2K Cr ▼1.5% | ₹2.2K Cr ▼2.3% | ₹2.3K Cr ▲13.9% | ₹2.0K Cr ▲11.1% | ₹1.8K Cr |
| Op. Profit | ₹717 Cr ▼3.2% | ₹741 Cr ▲13.1% | ₹655 Cr ▲21.3% | ₹540 Cr ▲15.9% | ₹466 Cr ▲16.5% | ₹400 Cr ▼8.9% | ₹439 Cr ▲9.8% | ₹400 Cr ▲19.0% | ₹336 Cr |
| OPM | 15.0% ▼6.3% | 16.0% ▲14.3% | 14.0% ▼12.5% | 16.0% ▼11.1% | 18.0% ▲20.0% | 15.0% ▼6.3% | 16.0% ▼5.9% | 17.0% ▲6.3% | 16.0% |
| Other Income | ₹-23 Cr ▼119.5% | ₹118 Cr ▼13.2% | ₹136 Cr ▲142.9% | ₹56 Cr ▲75.0% | ₹32 Cr ▼48.4% | ₹62 Cr ▲34.8% | ₹46 Cr ▲24.3% | ₹37 Cr ▼9.8% | ₹41 Cr |
| Interest | ₹14 Cr ▼22.2% | ₹18 Cr ▼25.0% | ₹24 Cr ▲300.0% | ₹6 Cr ▲50.0% | ₹4 Cr ▼33.3% | ₹6 Cr ▼25.0% | ₹8 Cr ▼11.1% | ₹9 Cr ▼50.0% | ₹18 Cr |
| Depreciation | ₹212 Cr ▲11.0% | ₹191 Cr ▲2.1% | ₹187 Cr ▲62.6% | ₹115 Cr ▲16.2% | ₹99 Cr ▼5.7% | ₹105 Cr ▼2.8% | ₹108 Cr ▲1.9% | ₹106 Cr ▲10.4% | ₹96 Cr |
| PBT | ₹468 Cr ▼28.0% | ₹650 Cr ▲12.1% | ₹580 Cr ▲21.6% | ₹477 Cr ▲20.8% | ₹395 Cr ▲12.5% | ₹351 Cr ▼4.9% | ₹369 Cr ▲14.6% | ₹322 Cr ▲22.9% | ₹262 Cr |
| Tax % | 36.0% ▲33.3% | 27.0% ▲12.5% | 24.0% ▼11.1% | 27.0% ▲3.8% | 26.0% ▲18.2% | 22.0% ▼33.3% | 33.0% ▲3.1% | 32.0% ▲6.7% | 30.0% |
| Net Profit | ₹299 Cr ▼37.2% | ₹476 Cr ▲7.7% | ₹442 Cr ▲26.3% | ₹350 Cr ▲19.5% | ₹293 Cr ▲6.5% | ₹275 Cr ▲10.9% | ₹248 Cr ▲12.7% | ₹220 Cr ▲19.6% | ₹184 Cr |
| EPS (₹) | 15.37 ▼36.6% | 24.24 ▲11.2% | 21.8 ▲24.1% | 17.56 ▲17.1% | 15 ▲4.3% | 14.38 ▲9.9% | 13.09 ▲14.7% | 11.41 ▲23.1% | 9.27 |
| Div Payout | 26.0% ▲62.5% | 16.0% ▲0.0% | 16.0% ▼20.0% | 20.0% ▲0.0% | 20.0% ▲5.3% | 19.0% ▼9.5% | 21.0% ▲5.0% | 20.0% ▲5.3% | 19.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr ▲0.0% | ₹19 Cr |
| Reserves | ₹3.7K Cr ▲6.2% | ₹3.5K Cr ▲13.0% | ₹3.1K Cr ▲10.9% | ₹2.8K Cr ▲19.5% | ₹2.3K Cr ▲11.0% | ₹2.1K Cr ▲14.9% | ₹1.8K Cr ▲7.9% | ₹1.7K Cr ▲10.4% | ₹1.5K Cr ▲13.3% | ₹1.4K Cr |
| Borrowings | ₹308 Cr ▲42.6% | ₹216 Cr ▲25.6% | ₹172 Cr ▼37.9% | ₹277 Cr ▲15.4% | ₹240 Cr ▲287.1% | ₹62 Cr ▼11.4% | ₹70 Cr ▼27.8% | ₹97 Cr ▼24.8% | ₹129 Cr ▼17.3% | ₹156 Cr |
| Other Liabilities | ₹976 Cr ▲16.9% | ₹835 Cr ▲5.3% | ₹793 Cr ▲2.5% | ₹774 Cr ▲11.8% | ₹692 Cr ▲42.4% | ₹486 Cr ▲37.3% | ₹354 Cr ▼11.7% | ₹401 Cr ▲1.8% | ₹394 Cr ▲5.3% | ₹374 Cr |
| Total Liabilities | ₹5.0K Cr ▲9.8% | ₹4.6K Cr ▲12.0% | ₹4.1K Cr ▲5.7% | ₹3.9K Cr ▲17.5% | ₹3.3K Cr ▲23.0% | ₹2.7K Cr ▲17.3% | ₹2.3K Cr ▲2.7% | ₹2.2K Cr ▲6.4% | ₹2.1K Cr ▲9.1% | ₹1.9K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹1.8K Cr ▲2.5% | ₹1.7K Cr ▲10.4% | ₹1.6K Cr ▲1.8% | ₹1.5K Cr ▲51.8% | ₹1.0K Cr ▲29.5% | ₹777 Cr ▲3.9% | ₹748 Cr ▲7.6% | ₹695 Cr ▼5.6% | ₹736 Cr ▲4.4% | ₹705 Cr |
| CWIP | ₹203 Cr ▲72.0% | ₹118 Cr ▲40.5% | ₹84 Cr ▼3.4% | ₹87 Cr ▲50.0% | ₹58 Cr ▲107.1% | ₹28 Cr ▼28.2% | ₹39 Cr ▼15.2% | ₹46 Cr ▲53.3% | ₹30 Cr ▼58.9% | ₹73 Cr |
| Investments | ₹219 Cr ▲9.0% | ₹201 Cr ▲16.9% | ₹172 Cr ▲6.8% | ₹161 Cr ▲16.7% | ₹138 Cr ▲8.7% | ₹127 Cr ▼32.8% | ₹189 Cr ▼16.7% | ₹227 Cr ▲26.1% | ₹180 Cr ▲45.2% | ₹124 Cr |
| Other Assets | ₹2.8K Cr ▲12.0% | ₹2.5K Cr ▲11.6% | ₹2.3K Cr ▲8.8% | ₹2.1K Cr ▲0.1% | ₹2.1K Cr ▲19.9% | ₹1.7K Cr ▲33.7% | ₹1.3K Cr ▲4.2% | ₹1.3K Cr ▲9.9% | ₹1.1K Cr ▲12.9% | ₹1.0K Cr |
| Total Assets | ₹5.0K Cr ▲9.8% | ₹4.6K Cr ▲12.0% | ₹4.1K Cr ▲5.7% | ₹3.9K Cr ▲17.5% | ₹3.3K Cr ▲23.0% | ₹2.7K Cr ▲17.3% | ₹2.3K Cr ▲2.7% | ₹2.2K Cr ▲6.4% | ₹2.1K Cr ▲9.1% | ₹1.9K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹304 Cr ▼49.5% | ₹602 Cr ▲40.0% | ₹430 Cr ▲75.5% | ₹245 Cr ▼45.7% | ₹451 Cr ▲10.8% | ₹407 Cr ▲101.5% | ₹202 Cr ▼5.2% | ₹213 Cr ▼27.8% | ₹295 Cr ▲65.7% | ₹178 Cr |
| Investing CF | ₹-371 Cr ▼62.0% | ₹-229 Cr ▲7.7% | ₹-248 Cr ▲46.7% | ₹-465 Cr ▼74.8% | ₹-266 Cr ▼153.3% | ₹-105 Cr ▼23.5% | ₹-85 Cr ▼13.3% | ₹-75 Cr ▼4.2% | ₹-72 Cr ▲4.0% | ₹-75 Cr |
| Financing CF | ₹-110 Cr ▲48.6% | ₹-214 Cr ▼60.9% | ₹-133 Cr ▼249.4% | ₹89 Cr ▲234.8% | ₹-66 Cr ▲51.1% | ₹-135 Cr ▼23.9% | ₹-109 Cr ▼31.3% | ₹-83 Cr ▲59.9% | ₹-207 Cr ▼140.7% | ₹-86 Cr |
| Net Cash Flow | ₹-177 Cr ▼211.3% | ₹159 Cr ▲224.5% | ₹49 Cr ▲137.4% | ₹-131 Cr ▼210.1% | ₹119 Cr ▼29.2% | ₹168 Cr ▲2300.0% | ₹7 Cr ▼87.3% | ₹55 Cr ▲243.8% | ₹16 Cr ▼5.9% | ₹17 Cr |
| Free Cash Flow | ₹28 Cr ▼92.4% | ₹367 Cr ▲182.3% | ₹130 Cr ▲141.3% | ₹-315 Cr ▼190.5% | ₹348 Cr ▲22.5% | ₹284 Cr ▲165.4% | ₹107 Cr ▼11.6% | ₹121 Cr ▼36.3% | ₹190 Cr ▲97.9% | ₹96 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 57d ▲7.5% | 53d ▲8.2% | 49d ▼7.5% | 53d ▼19.7% | 66d ▲17.9% | 56d ▼20.0% | 70d ▼4.1% | 73d ▲10.6% | 66d ▼4.3% | 69d |
| Inventory Days | 215d ▲17.5% | 183d ▼4.2% | 191d ▼12.4% | 218d ▲16.6% | 187d ▼10.5% | 209d ▲2.5% | 204d ▲2.5% | 199d ▲3.6% | 192d ▼3.0% | 198d |
| Days Payable | 71d ▼2.7% | 73d ▲1.4% | 72d ▼38.5% | 117d ▼4.9% | 123d ▲53.8% | 80d ▲0.0% | 80d ▼11.1% | 90d ▲9.8% | 82d ▲13.9% | 72d |
| Cash Conv. Cycle | 201d ▲23.3% | 163d ▼3.6% | 169d ▲9.7% | 154d ▲18.5% | 130d ▼29.7% | 185d ▼4.6% | 194d ▲6.6% | 182d ▲3.4% | 176d ▼10.2% | 196d |
| Working Capital Days | 97d ▲32.9% | 73d ▲4.3% | 70d ▲22.8% | 57d ▼26.0% | 77d ▼12.5% | 88d ▼7.4% | 95d ▲11.8% | 85d ▲14.9% | 74d ▲32.1% | 56d |
| ROCE | 16.0% ▼20.0% | 20.0% ▲0.0% | 20.0% ▲0.0% | 20.0% ▲5.3% | 19.0% ▲5.6% | 18.0% ▼14.3% | 21.0% ▲5.0% | 20.0% ▲11.1% | 18.0% ▲5.9% | 17.0% |
Source: Screener.in · Lower days = better efficiency
About Carborundum Universal Limited
Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals. [1]
Capital Goods · Industrial Products