Carborundum Universal Ltd Share Price

Abrasives and Grinding Wheels

NSE: CARBORUNIV Small Cap ISIN: INE120A01034
As on 26 December 2024 at 17:33 IST
As on 26 December 2024 at 17:33 IST
1,270.40
-20.95
(-1.62%)
Over 1 Month
-8.13%
Over 6 Months
-23.59%
Over 1 Year
17.03%
Over 3 Years
41.29%

Carborundum Universal Ltd Summary

Close 1,270.40
Open 1,287.40
High 1,293.55
Low 1,251.25
Volume 3,27,369
Net Turnover (in ₹) 12,23,43,582.55
52 Week High 1,841.15
52 Week Low 1,025.60
52Wk High / Low
1,025.60
1,841.15

Carborundum Universal Ltd Key Financial Data

Market Cap (in ₹ Cr) 24,580.65
EPS (TTM) 18.61
Book Value (BV) 127.84
Div. Yield 0.31
P/E (TTM) 69.36
Price/Book Value 10.10
Delivery % 62.70
Face Value 1

Carborundum Universal Ltd Key Ratios

P/E ratio 68.80
P/B ratio 10.50
EV to Sales 9.08
PEG Ratio 12.11
ROA 15.16
ROE 16.30
Debt-Equity 0.02
Net Profit Margin 13.31
Operating Profit Margin 20.50

Carborundum Universal Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Carborundum Universal Ltd ₹1,290.75 ₹24,569.23
Cummins India Ltd ₹3,373.80 ₹93,521.74
Thermax Ltd ₹4,440 ₹52,905.40
Jyoti CNC Automation Ltd ₹1,349.65 ₹30,694.16
Jupiter Wagons Ltd ₹519.80 ₹22,065.41
Grindwell Norton Ltd ₹1,983.55 ₹21,961.87

Carborundum Universal Ltd News

Carborundum Universal allots 37,096 equity shares under ESOP

12 Dec 2024

Carborundum Universal hikes stake in PLUSS Advanced Technologies

11 Dec 2024

Carborundum Universal allots 2,300 equity shares under ESOP

22 Nov 2024

Carborundum Universal allots 37,000 equity shares under ESOP

22 Oct 2024

Carborundum Universal to discuss results

On 30 October 2024

18 Oct 2024

Carborundum Universal Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue2,678.642,541.752,257.181,714.641,698.52
Total Expenses2,215.552,135.021,911.651,458.981,458.98
Profit Before Tax463.09431.65345.53244.45239.54
Profit After Tax350.35330.94254.48183.96191.32
Operating Profit after Depreciation467.24421.77346.50255.94239.89

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets526.62485.70434.72418.11422.19
Total Non Current Assets1,643.361,607.671,443.18702.11706.55
Total Current Assets948.69830.70826.661,143.54866.46
TOTAL ASSETS2,592.052,438.372,269.841,845.651,573.01
Total Shareholder's Fund2,297.522,006.521,740.751,534.771,367.08

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities400.81344.04198.13271.13231.12
Net Cash used in Investing Activities-77.08-212.19-548.38-213.56-30.84
Net Cash used in Financing Activities-161.10-137.77111.26-25.81-86.45

Carborundum Universal Ltd Corporate Actions

Carborundum Universal Ltd

₹2.5/Share

Announcement Date 22 Jul 2024
Record Date 23 Jul 2024
Div Yield 250%

About Carborundum Universal Ltd

Carborundum Universal Ltd (CUMI) was established in 1954. It is a part of the prestigious Murugappa Group conglomerate. The company has emerged as a leading material sciences and engineering solutions provider. It is based in Chennai, Tamil Nadu. CUMI excels in manufacturing and developing an extensive range of products. This includes ceramics, refractories, abrasives, machine tools, polymers, adhesives, aluminium oxide grains, and electro minerals. These products serve crucial roles in various industrial applications.

CUMI operates in the materials sciences and engineering solutions sector. Also, it delivers high-quality solutions to diverse industries. These industries include engineering, auto components, steel, infrastructure, glass, fabrication, power generation and mining, distribution, and aerospace. The company leverages its position within the Murugappa Group to benefit from extensive experience and resources.

Under the strategic guidance of the Murugappa family, who serve as critical promoters and are managed by a team of experienced professionals, CUMI maintains efficient operations and consistent growth. This strong leadership ensures its success in meeting industrial demands across various sectors.
The crucial experts include:
  • M M Murugappan (Chairman)
  • Sridharan Rangarajan (Managing Director)
  • Sanjay Jayavarthanavelu (Director)
  • Aroon Raman (Director)
  • P S Raghavan (Director)

The promoter shareholding in CUMI is 41.04%, reflecting the Murugappa family’s commitment to the company’s growth and success. The registered office of CUMI is located at ''Parry House',' 43 Moore Street, Chennai, Tamil Nadu 600001. 

CUMI is not necessarily the largest in terms of market share or market capitalization. But it is a significant player in its industry. The company is highly regarded for its innovation and quality, which have earned it a solid reputation in the market. Additionally, CUMI has a robust global presence, exporting products to many countries and maintaining operations.

Impact of the Company

Carborundum Universal Ltd (CUMI) was established in 1954. It is a critical player in the materials sciences and engineering solutions sector. As part of the Murugappa Group, a renowned Indian conglomerate, CUMI has carved a niche for itself by manufacturing and developing a diverse range of products. This includes ceramics, refractories, abrasives, machine tools, polymers, adhesives, aluminium oxide grains, and electro minerals. This extensive product portfolio underscores CUMI’s pivotal role in various industrial applications.

Operating within the materials sciences and engineering solutions sector, CUMI provides high-quality material solutions and services to a broad spectrum of industries. Over its many decades of history, CUMI has established itself as a leader in its field. It consistently delivers innovative and reliable products that meet the evolving needs of its customers.

The Murugappa group’s extensive experience and resources have been instrumental in CUMI’s growth and success. The Murugappa family play a crucial role in shaping its strategic direction. This ensures that CUMI remains at the forefront of the industry.

The company's products are essential for various industrial applications. This is making CUMI a critical supplier for many sectors. The company’s strong global presence, with exports to many countries and operations, highlights its significant impact on the global market. This maintains a robust foothold in Europe, Asia, Africa, and the Americas. It has strategic partnerships with global coffee brands and international retailers.

The company adheres to international quality certifications and food safety standards, serving major retail chains, coffee brands, food service companies, and industrial customers worldwide. Its strategic locations near coffee-growing regions and modern logistics infrastructure ensure efficient global distribution.

Despite not being the most significant player in terms of market share or market capitalization, CUMI is highly regarded for its innovation and quality. This reputation has been built over decades of consistent performance and a commitment to excellence. The company’s focus on research and development has enabled it to stay ahead of industry trends and continuously improve its product offerings.

The promoter shareholding in CUMI is substantial. This reflects its promoter's commitment to the company’s growth and success. This strong promoter backing provides stability and confidence to investors and stakeholders. The company’s management team is comprised of experienced professionals. This ensures that its operations run smoothly and efficiently. Also, the professional's expertise and consistency further solidify its position in the market.

CUMI’s impact extends beyond its immediate business operations. The company’s products play a crucial role in various industries. This contributes to advancements in engineering, infrastructure, and technology. By providing high-quality materials and solutions, CUMI supports the development and maintenance of critical infrastructure, enhances manufacturing processes, and contributes to the overall growth of the industrial sector.

Moreover, CUMI’s commitment to sustainability and innovation positions it as a forward-thinking company. Its efforts in developing energy-efficient and environmentally friendly products align with global trends towards sustainability. This focus benefits the environment and provides CUMI with a competitive edge in the market.

Carborundum Universal Ltd (CUMI) has significantly impacted the materials sciences and engineering solutions sector. Its extensive product range, strong global presence, and commitment to innovation and quality have established it as a leader in the industry. With the support of the Murugappa Group and a dedicated management team, CUMI continues to drive growth and contribute to advancements in various industrial sectors.

Carborundum Universal Ltd Stock Analysis

  1. Annual revenue for Carborundum Universal Ltd increased by 5.39% to ₹2,678.64 crore in FY 2024 from ₹2,541.75 crore in FY 2023.
  2. Annual Net Profit for Carborundum Universal Ltd increased by 5.87% to ₹350.35 crore in FY 2024 from ₹330.94 crore in FY 2023.
  3. Promoter Shareholding in Carborundum Universal Ltd decreased by 0.28% in the most recent quarter, from 41.16% in June 2024 to 41.04% in September 2024.
  4. Carborundum Universal Ltd delivered a 1-year return of 17.03% compared to the Nifty 50, which provided a return of 10.66% as of the last trading session.
  5. Carborundum Universal Ltd share price moved down by 1.62% from its previous close of INR ₹1,291.35. The latest Carborundum Universal Ltd share price is INR ₹1,270.40.
  6. Carborundum Universal Ltd share price today has been at a low of 1,251.25 and a high of 1,293.55. Over the past 52 weeks, the Carborundum Universal Ltd share price has seen a low of 1,025.60 and a high of 1,841.15.

FAQ’s

What is the share price of Carborundum Universal Ltd today?

Carborundum Universal Ltd share price as on 26 Dec 2024 is ₹ 1270.4

What is the Market Cap of Carborundum Universal Ltd?

The market cap of Carborundum Universal Ltd stock is ₹24,580.65 Cr.

What is the PE Ratio of Carborundum Universal Ltd?

The Price to Earnings (P/E) Ratio of Carborundum Universal Ltd is 68.80

What is the PB Ratio of Carborundum Universal Ltd?

The Price to Book (P/B) Ratio of Carborundum Universal Ltd is 10.50

What is the 52 week high of Carborundum Universal Ltd Share Price?

The 52 week high of Carborundum Universal Ltd share price stands at ₹1,841.15

What is the 52 week low of Carborundum Universal Ltd Share Price?

The 52 week low of Carborundum Universal Ltd share price stands at ₹1,025.60

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