About
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 super, bonded and coated abrasives, cutting and grinding, metal working fluids, and power tools; and electro minerals, such as alumina, carbides, zirconia, and grit powders. It also provides industrial ceramics for applications in mining and mineral processing, power and energy systems, mobility, semiconductors and electronics, and aerospace and defence; and manufactures super refractories, including dense bonded, insulating bonded, monolithics, pre-cast prefired components, acid-resistant liners comprising carbon bricks, advanced composites, specialty screeding and coatings, polymer concrete cells, and structural composites, including piping for abrasion resistance; and graphene, phase change materials, high-purity silicon carbide, and specialty polymers. In addition, the company offers 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.
Key Metrics
as of Sep 2026Market Cap21,539 Cr
P/E85.90
Div Yield0.35 %
Book Value₹205.00
52w High₹1,307.00
52w Low₹735.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,427.00 | 1,398.00 | 1,291.00 | 1,298.00 | 1,219.00 | 1,217.00 | 1,255.00 | 1,224.00 | 1,198.00 | 1,201.00 | 1,151.00 | 1,146.00 | 1,203.00 |
| Expenses | 1,292.00 | 1,254.00 | 1,134.00 | 1,142.00 | 1,098.00 | 1,071.00 | 1,078.00 | 1,029.00 | 1,004.00 | 992.00 | 960.00 | 979.00 | 1,034.00 |
| Operating Profit | 135.00 | 144.00 | 157.00 | 156.00 | 121.00 | 146.00 | 177.00 | 195.00 | 194.00 | 209.00 | 191.00 | 168.00 | 169.00 |
| OPM % | 9.00 | 10.00 | 12.00 | 12.00 | 10.00 | 12.00 | 14.00 | 16.00 | 16.00 | 17.00 | 17.00 | 15.00 | 14.00 |
| Other Income | 55.00 | -103.00 | 22.00 | 23.00 | 27.00 | 18.00 | -77.00 | 23.00 | 19.00 | 25.00 | 25.00 | 31.00 | 41.00 |
| Depreciation | 66.00 | 65.00 | 61.00 | 62.00 | 59.00 | 56.00 | 53.00 | 52.00 | 51.00 | 51.00 | 48.00 | 46.00 | 46.00 |
| Interest | 6.00 | 6.00 | 5.00 | 4.00 | 3.00 | 3.00 | 4.00 | 4.00 | 3.00 | 4.00 | 5.00 | 5.00 | 5.00 |
| Profit before tax | 119.00 | -30.00 | 113.00 | 113.00 | 86.00 | 105.00 | 43.00 | 162.00 | 158.00 | 180.00 | 163.00 | 148.00 | 160.00 |
| Tax % | 33.00 | 34.00 | 35.00 | 34.00 | 30.00 | 71.00 | 13.00 | 28.00 | 27.00 | 21.00 | 31.00 | 30.00 | 26.00 |
| Net Profit | 80.00 | -40.00 | 73.00 | 74.00 | 60.00 | 30.00 | 38.00 | 116.00 | 115.00 | 143.00 | 112.00 | 104.00 | 118.00 |
| EPS in Rs | 4.01 | -0.92 | 3.99 | 3.91 | 3.25 | 1.53 | 1.83 | 6.09 | 5.94 | 7.09 | 5.86 | 5.36 | 5.96 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,206.00 | 4,894.00 | 4,702.00 | 4,654.00 | 3,325.00 | 2,632.00 | 2,599.00 | 2,689.00 | 2,374.00 | 2,112.00 | 1,944.00 | 2,042.00 |
| Expenses | 4,624.00 | 4,178.00 | 3,961.00 | 3,999.00 | 2,784.00 | 2,166.00 | 2,199.00 | 2,250.00 | 1,975.00 | 1,777.00 | 1,636.00 | 1,808.00 |
| Operating Profit | 582.00 | 717.00 | 741.00 | 655.00 | 540.00 | 466.00 | 400.00 | 439.00 | 400.00 | 336.00 | 308.00 | 234.00 |
| OPM % | 11.00 | 15.00 | 16.00 | 14.00 | 16.00 | 18.00 | 15.00 | 16.00 | 17.00 | 16.00 | 16.00 | 11.00 |
| Other Income | -35.00 | -23.00 | 118.00 | 136.00 | 56.00 | 32.00 | 62.00 | 46.00 | 37.00 | 41.00 | 39.00 | 112.00 |
| Interest | 19.00 | 14.00 | 18.00 | 24.00 | 6.00 | 4.00 | 6.00 | 8.00 | 9.00 | 18.00 | 23.00 | 25.00 |
| Depreciation | 247.00 | 212.00 | 191.00 | 187.00 | 115.00 | 99.00 | 105.00 | 108.00 | 106.00 | 96.00 | 87.00 | 100.00 |
| Profit before tax | 282.00 | 468.00 | 650.00 | 580.00 | 477.00 | 395.00 | 351.00 | 369.00 | 322.00 | 262.00 | 237.00 | 220.00 |
| Tax % | 40.00 | 36.00 | 27.00 | 24.00 | 27.00 | 26.00 | 22.00 | 33.00 | 32.00 | 30.00 | 34.00 | 37.00 |
| Net Profit | 168.00 | 299.00 | 476.00 | 442.00 | 350.00 | 293.00 | 275.00 | 248.00 | 220.00 | 184.00 | 155.00 | 138.00 |
| EPS in Rs | 10.22 | 15.37 | 24.24 | 21.80 | 17.56 | 15.00 | 14.38 | 13.09 | 11.41 | 9.27 | 7.65 | 7.05 |
| Dividend Payout % | 39.00 | 26.00 | 16.00 | 16.00 | 20.00 | 20.00 | 19.00 | 21.00 | 20.00 | 19.00 | 20.00 | 18.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
| Reserves | 3,881.00 | 3,510.00 | 3,107.00 | 2,802.00 | 2,345.00 | 2,113.00 | 1,839.00 | 1,705.00 | 1,545.00 | 1,364.00 | 1,173.00 | 1,070.00 |
| Borrowings | 413.00 | 216.00 | 172.00 | 277.00 | 240.00 | 62.00 | 70.00 | 97.00 | 129.00 | 156.00 | 320.00 | 340.00 |
| Other Liabilities | 959.00 | 835.00 | 793.00 | 774.00 | 692.00 | 486.00 | 354.00 | 401.00 | 394.00 | 374.00 | 348.00 | 387.00 |
| Total Liabilities | 5,271.00 | 4,580.00 | 4,091.00 | 3,872.00 | 3,296.00 | 2,679.00 | 2,283.00 | 2,222.00 | 2,088.00 | 1,913.00 | 1,860.00 | 1,816.00 |
| Fixed Assets | 1,906.00 | 1,716.00 | 1,555.00 | 1,527.00 | 1,006.00 | 777.00 | 748.00 | 695.00 | 736.00 | 705.00 | 659.00 | 793.00 |
| CWIP | 141.00 | 118.00 | 84.00 | 87.00 | 58.00 | 28.00 | 39.00 | 46.00 | 30.00 | 73.00 | 85.00 | 43.00 |
| Investments | 199.00 | 201.00 | 172.00 | 161.00 | 138.00 | 127.00 | 189.00 | 227.00 | 180.00 | 124.00 | 131.00 | 41.00 |
| Other Assets | 3,025.00 | 2,544.00 | 2,280.00 | 2,096.00 | 2,094.00 | 1,747.00 | 1,307.00 | 1,254.00 | 1,141.00 | 1,011.00 | 985.00 | 938.00 |
| Total Assets | 5,271.00 | 4,580.00 | 4,091.00 | 3,872.00 | 3,296.00 | 2,679.00 | 2,283.00 | 2,222.00 | 2,088.00 | 1,913.00 | 1,860.00 | 1,816.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 367.00 | 304.00 | 602.00 | 430.00 | 245.00 | 451.00 | 407.00 | 202.00 | 213.00 | 295.00 | 178.00 | 326.00 |
| Cash from Investing Activity | -167.00 | -371.00 | -229.00 | -248.00 | -465.00 | -266.00 | -105.00 | -85.00 | -75.00 | -72.00 | -75.00 | -136.00 |
| Cash from Financing Activity | 119.00 | -110.00 | -214.00 | -133.00 | 89.00 | -66.00 | -135.00 | -109.00 | -83.00 | -207.00 | -86.00 | -162.00 |
| Net Cash Flow | 320.00 | -177.00 | 159.00 | 49.00 | -131.00 | 119.00 | 168.00 | 7.00 | 55.00 | 16.00 | 17.00 | 28.00 |
| Free Cash Flow | 60.00 | 28.00 | 367.00 | 130.00 | -315.00 | 348.00 | 284.00 | 107.00 | 121.00 | 190.00 | 96.00 | 339.00 |
| CFO/OP % | 93.00 | 70.00 | 109.00 | 90.00 | 70.00 | 119.00 | 127.00 | 73.00 | 81.00 | 111.00 | 85.00 | 169.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 62.00 | 57.00 | 53.00 | 49.00 | 53.00 | 66.00 | 56.00 | 70.00 | 73.00 | 66.00 | 69.00 | 66.00 |
| Inventory Days | 200.00 | 215.00 | 183.00 | 191.00 | 218.00 | 187.00 | 209.00 | 204.00 | 199.00 | 192.00 | 198.00 | 198.00 |
| Days Payable | 76.00 | 71.00 | 73.00 | 72.00 | 117.00 | 123.00 | 80.00 | 80.00 | 90.00 | 82.00 | 72.00 | 87.00 |
| Cash Conversion Cycle | 187.00 | 201.00 | 163.00 | 169.00 | 154.00 | 130.00 | 185.00 | 194.00 | 182.00 | 176.00 | 196.00 | 177.00 |
| Working Capital Days | 75.00 | 97.00 | 73.00 | 70.00 | 57.00 | 77.00 | 88.00 | 95.00 | 85.00 | 74.00 | 56.00 | 44.00 |
| ROCE % | 11.00 | 16.00 | 20.00 | 20.00 | 20.00 | 19.00 | 18.00 | 21.00 | 20.00 | 18.00 | 17.00 | 10.00 |
Corporate Actions
46 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 31 Jul 2026 | 31 Jul 2026 | — | 2.50 | |
| Dividend | 04 Feb 2026 | 04 Feb 2026 | — | 1.50 | |
| Dividend | 31 Jul 2025 | 31 Jul 2025 | — | 2.50 | |
| Dividend | 18 Feb 2025 | 19 Feb 2025 | — | 1.50 | |
| Dividend | 22 Jul 2024 | — | — | 2.50 | |
| Dividend | 12 Feb 2024 | 12 Feb 2024 | — | 1.50 | |
| Dividend | 25 Jul 2023 | — | — | 2.00 | |
| Dividend | 10 Feb 2023 | 10 Feb 2023 | — | 1.50 | |
| Dividend | 21 Jul 2022 | — | — | 2.00 | |
| Dividend | 21 Feb 2022 | 22 Feb 2022 | — | 1.50 | |
| Dividend | 22 Jul 2021 | — | — | 1.50 | |
| Dividend | 11 Feb 2021 | 12 Feb 2021 | — | 1.50 | |
| Dividend | 04 Mar 2020 | 05 Mar 2020 | — | 2.75 | |
| Dividend | 22 Jul 2019 | — | — | 1.25 | |
| Dividend | 12 Feb 2019 | 13 Feb 2019 | — | 1.50 | |
| Dividend | 25 Jul 2018 | — | — | 1.25 | |
| Dividend | 23 Feb 2018 | 26 Feb 2018 | — | 1.00 | |
| Dividend | 20 Jul 2017 | — | — | 0.75 | |
| Dividend | 14 Feb 2017 | 15 Feb 2017 | — | 1.00 | |
| Dividend | 17 Mar 2016 | 19 Mar 2016 | — | 0.50 | |
| Dividend | 16 Feb 2016 | 17 Feb 2016 | — | 1.00 | |
| Dividend | 21 Jul 2015 | — | — | 0.50 | |
| Dividend | 09 Feb 2015 | 10 Feb 2015 | — | 0.75 | |
| Dividend | 17 Jul 2014 | — | — | 0.50 | |
| Other | 17 Jul 2014 | — | — | — | Annual General Meeting/Final Dividend Re.0.50 Per Equity Share |
| Dividend | 11 Feb 2014 | 12 Feb 2014 | — | 0.75 | |
| Dividend | 17 Jul 2013 | — | — | 0.75 | |
| Other | 17 Jul 2013 | — | — | — | Annual General Meeting/Final Dividend Re.0.75 Per Equity Share |
| Dividend | 14 Feb 2013 | 15 Feb 2013 | — | 0.50 | |
| Dividend | 26 Jul 2012 | — | — | 1.00 | |
| Dividend | 15 Feb 2012 | 16 Feb 2012 | — | 1.00 | |
| Dividend | 14 Feb 2012 | 16 Feb 2012 | — | 1.00 | |
| Split | 05 Oct 2011 | 07 Oct 2011 | 2:1 | — | |
| Dividend | 22 Jul 2011 | — | — | 1.00 | |
| Dividend | 14 Feb 2011 | 15 Feb 2011 | — | 1.50 | |
| Dividend | 14 Jul 2010 | — | — | 2.00 | |
| Dividend | 15 Jul 2009 | — | — | 2.00 | |
| Dividend | 08 Jul 2008 | — | — | 2.00 | NSE/BSE dividend mismatch: NSE=1.0; BSE=2.0 |
| Dividend | 08 Jul 2008 | — | — | 1.00 | NSE/BSE dividend mismatch: NSE=1.0; BSE=2.0 |
| Dividend | 12 Jul 2007 | — | — | 1.50 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 12 Jul 2007 | — | — | 0.75 | NSE/BSE dividend mismatch: NSE=0.75; BSE=1.5 |
| Dividend | 12 Jul 2006 | — | — | 0.60 | |
| Bonus | 23 Jun 2005 | — | 1:1 | — | |
| Dividend | 23 Jun 2005 | — | — | 1.00 | |
| Dividend | 02 Jul 2001 | — | — | 7.00 | |
| Dividend | 03 Jul 2000 | — | — | 1.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update25 Mar from crisil
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Rating update29 Sep 2025 from crisil
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Rating update26 Mar 2025 from crisil
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Rating update27 Mar 2024 from crisil
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Rating update31 Mar 2023 from crisil
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Rating update16 Feb 2023 from crisil
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