Carborundum Universal Ltd Share Price

Abrasives and Grinding Wheels

NSE: CARBORUNIV Small Cap ISIN: INE120A01034

As on 31 January 2025 at 14:14 IST

₹1,179.15

+ 9.35

(0.80%)

Sell Buy

About Carborundum Universal Ltd

Carborundum Universal Ltd (CUMI) was founded in 1954 by the Murugappa Group. The company has its headquarters in Chennai, Tamil Nadu. It is a leader in material sciences and engineering solutions. With decades of expertise, the company manufactures a comprehensive range of products. This includes ceramics, refractories, machine tools, abrasives, polymers, adhesives, aluminium oxide grains, and electro-minerals. CUMI is operating in the materials sciences and engineering solutions sector. Thus, it has built a robust global presence by providing high-quality material solutions. This ensures the company’s exports in various countries across different continents. Read More...

Over 1 Month

-6.98%

Over 6 Months

-31.95%

Over 1 Year

5.30%

Over 3 Years

32.69%

Carborundum Universal Ltd Summary

Close ₹ 1,179.15

Open ₹ 1,169.80

High ₹ 1,185.05

Low ₹ 1,152.40

Volume 47,636

Net Turnover (in ₹ Cr) ₹ 9.18

52Wk High ₹ 1,841.15

52Wk Low ₹ 1,025.60

52Wk High / Low

1,025.60

1,841.15

Carborundum Universal Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 22,271.30

EPS (TTM) 18.60

Book Value (BV) 127.82

Div. Yield 0.34 %

P/E (TTM) 62.85

Price/Book Value 9.15

Delivery % 62.35 %

Face Value 1

Key Ratios

PE Ratio 68.80

PB 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 Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	4,778.84	4,731	3,364.57	2,663.10	2,643.97
Total Expenses	4,172.45	4,213.29	2,908.34	2,269.16	2,311.21
Profit Before Tax	650.25	579.91	476.55	394.63	350.53
Profit After Tax	476.18	441.70	350.02	293.07	274.98
Operating Profit after Depreciation	624.73	541.25	461.88	397.52	339.09

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	1,561	1,526.74	1,006.13	777.13	748.37
Total Non Current Assets	1,983.14	1,898.49	1,674.98	979.13	951.53
Total Current Assets	2,168.75	2,025.94	1,647.85	1,709.37	1,340.14
TOTAL ASSETS	4,151.90	3,924.43	3,322.83	2,688.50	2,291.67
Total Shareholder's Fund	3,125.70	2,820.57	2,363.77	2,131.47	1,858.36

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	601.51	430.17	244.53	450.76	406.86
Net Cash used in Investing Activities	-228.99	-247.89	-464.78	-265.81	-104.80
Net Cash used in Financing Activities	-214.01	-133.41	89.43	-66.19	-134.55

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	2,678.64	2,541.75	2,257.18	1,714.64	1,698.52
Total Expenses	2,215.55	2,135.02	1,911.65	1,458.98	1,458.98
Profit Before Tax	463.09	431.65	345.53	244.45	239.54
Profit After Tax	350.35	330.94	254.48	183.96	191.32
Operating Profit after Depreciation	467.24	421.77	346.50	255.94	239.89

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	526.62	485.70	434.72	418.11	422.19
Total Non Current Assets	1,643.36	1,607.67	1,443.18	702.11	706.55
Total Current Assets	948.69	830.70	826.66	1,143.54	866.46
TOTAL ASSETS	2,592.05	2,438.37	2,269.84	1,845.65	1,573.01
Total Shareholder's Fund	2,297.52	2,006.52	1,740.75	1,534.77	1,367.08

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	400.81	344.04	198.13	271.13	231.12
Net Cash used in Investing Activities	-77.08	-212.19	-548.38	-213.56	-30.84
Net Cash used in Financing Activities	-161.10	-137.77	111.26	-25.81	-86.45

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	1,224.12	1,197.54	1,201.19	1,151.44	1,146.34
Total Expenses	1,029.17	1,003.97	991.76	959.97	978.82
Profit Before Tax	161.99	157.73	179.68	163.42	147.61
Profit After Tax	116.16	114.84	142.56	111.98	103.88
Operating Profit after Depreciation	217.63	212.45	234.26	216.30	198.34

Particulars (in ₹ Cr.)	2024-09	2024-06	2024-03	2023-12	2023-09
Total Revenue	717.13	673.48	668.66	642.84	654.16
Total Expenses	587.14	556.30	539.88	519.11	533.81
Profit Before Tax	115.55	119.42	124.10	110.03	109.27
Profit After Tax	86.47	93.28	94.25	80.15	82.83
Operating Profit after Depreciation	135.61	139.04	143.41	128.39	128.67

Carborundum Universal Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 1,149.90

S2 1,130

S3 1,117.45

Pivot 1,162.45

R1 1,182.35

R2 1,194.90

R3 1,214.80

Moving Average

20 SMA 1,219.74

50 SMA 1,300.46

100 SMA 1,378.87

200 SMA 1,486.93

Carborundum Universal Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Carborundum Universal Ltd

₹2.5/Share

Announcement Date 22 Jul 2024

Record Date 23 Jul 2024

Div Yield 250%

Carborundum Universal Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Carborundum Universal Ltd	₹1,169.05	₹22,257.02
Cummins India Ltd	₹2,853	₹79,085.16
Thermax Ltd	₹3,680.25	₹43,852.50
Jyoti CNC Automation Ltd	₹1,051.50	₹23,913.54
Grindwell Norton Ltd	₹1,898.60	₹21,021.30
Elgi Equipments Ltd	₹530.45	₹16,810.44

Carborundum Universal Ltd News

Carborundum Universal allots 37,096 equity shares under ESOP

12 Dec 2024, 04:10 pm

Carborundum Universal hikes stake in PLUSS Advanced Technologies

11 Dec 2024, 06:29 pm

Carborundum Universal allots 2,300 equity shares under ESOP

22 Nov 2024, 07:22 pm

Carborundum Universal allots 37,000 equity shares under ESOP

22 Oct 2024, 06:45 pm

Carborundum Universal to discuss results

On 30 October 2024

18 Oct 2024, 10:33 am

Carborundum Universal Ltd Stock Analysis

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.
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.
Promoter Shareholding in Carborundum Universal Ltd decreased by 2.97% in the most recent quarter, from 41.04% in September 2024 to 39.82% in December 2024.
Carborundum Universal Ltd delivered a 1-year return of 5.30% compared to the Nifty 50, which provided a return of 8.03% as of the last trading session.
Carborundum Universal Ltd share price moved up by 0.80% from its previous close of INR ₹1,169.80. The latest Carborundum Universal Ltd share price is INR ₹1,179.15.
Carborundum Universal Ltd share price today has been at a low of 1,152.40 and a high of 1,185.05. 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.

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.