Carborundum Universal Ltd.

BSE: CARBORUNIV513375ISIN INE120A01034

Industrials
Abrasives & Bearings
BSE 500

Share price

₹1,092.45-13.15 (-1.19%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹1,369.05
52W low: ₹734.65
Off 52W high: -20.20%
1M return: -13.81%
3M return: +0.96%
6M return: +10.58%
1Y return: +22.03%
20D avg volume: 15,861
50 DMA: ₹1,137.94
200 DMA: ₹1,006.69

Key ratios Consolidated

Market cap: ₹20,812 Cr
Current price: ₹1,092.45
52W high / low: ₹1,369.05 / ₹734.65
Face value: ₹1.00
P/E: 165.79
P/B: 5.28
EPS (TTM): ₹6.59
Book value / share: ₹207.07
ROE: —
ROCE: 6.40%
Operating margin: —
Net margin: —
Debt / equity: 0.08
Net debt: ₹-392.91 Cr
Interest cover: 14.35
Dividend yield: 0.37%
Dividend / share (TTM): ₹4.00
Payout: 60.70%
Cash conversion cycle: 111.2 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	1,469	1,427	1,398	1,291	1,298	1,219	1,217	1,255	1,224	1,198	1,201	1,151
	18.38	44.70	22.73	13.30	16.89	18.73	6.26	16.38	11.33	7.02	12.54	13.56
	1,487	1,471	1,421	1,304	1,315	1,238	1,223	1,272	1,235	1,205	1,214	1,165
	1,356	1,363	1,325	1,199	1,208	1,160	1,130	1,135	1,085	1,059	1,046	1,012
	525.52	494.32	537.64	451.32	461.20	461.60	458.37	444.76	408.97	375.88	389.81	370.07
	59.65	58.83	72.71	61.96	41.21	42.65	56.55	51.19	65.65	53.88	52.23	29.43
	241.96	268.04	241.94	231.88	241.36	237.98	224.86	202.69	199.97	191.76	186.29	175.38
	6.57	5.80	6.25	4.59	4.43	3.49	3.13	3.85	3.68	3.31	3.59	4.72
	64.33	65.51	64.53	61.14	62.23	58.89	56.06	52.60	51.96	51.41	50.99	48.16
	462.35	447.43	438.94	392.21	396.32	409.66	392.77	281.62	266.28	278.01	267.04	255.36
	131.62	108.49	96.12	104.67	106.64	77.60	93.36	136.92	150.64	145.87	167.39	153.15
	-80.26	0.00	-134.57	0.00	0.00	0.00	0.00	-104.13	0.00	0.00	0.00	0.00
	51.36	108.49	-38.45	104.67	106.64	77.60	93.36	32.79	150.64	145.87	167.39	153.15
	45.98	38.87	10.20	40.00	38.25	25.44	74.63	5.81	45.83	42.89	37.12	51.44
	12.04	80.34	-40.01	73.16	74.26	60.39	30.10	37.61	116.16	114.84	142.56	111.98
	0.66	4.04	-0.93	4.02	3.94	3.28	1.73	1.83	6.09	5.94	7.10	5.86
Key metrics
	122.26	179.80	32.33	170.40	173.30	139.98	152.55	89.24	206.28	200.59	221.97	206.03
	8.30%	12.60%	2.30%	13.20%	13.40%	11.50%	12.50%	7.10%	16.90%	16.80%	18.50%	17.90%
	0.80%	5.60%	-2.90%	5.70%	5.70%	5.00%	2.50%	3.00%	9.50%	9.60%	11.90%	9.70%
	1.40%	—	-0.80%	—	2.70%	—	2.50%	—	—	—	—	—
	13.20%	17.00%	14.90%	2.80%	6.00%	1.80%	1.30%	9.00%	—	—	—	—
	-83.80%	33.00%	-232.90%	94.50%	-36.10%	-47.40%	-78.90%	-66.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	5,585	5,206	4,894	4,702	4,654	3,325	2,632	2,599	2,689	2,395
	99.11	71.65	40.99	76.65	76.72	39.82	31.40	45.01	27.30	22.92
	5,684	5,278	4,935	4,779	4,731	3,365	2,663	2,644	2,716	2,418
	5,243	4,893	4,408	4,172	4,213	2,908	2,269	2,311	2,367	2,111
	2,009	1,912	1,688	1,520	1,610	1,153	756.78	824.82	872.57	646.53
	253.15	218.53	227.27	176.82	166.12	98.16	74.10	91.66	109.13	134.03
	983.82	953.16	862.25	720.10	692.31	419.25	347.04	344.83	327.32	310.91
	23.21	18.76	13.97	18.34	23.53	5.64	3.58	6.33	8.48	8.61
	255.51	246.79	212.03	190.75	187.34	114.57	99.45	104.52	108.27	—
	1,741	1,637	1,525	1,068	1,088	807.87	558.18	596.93	589.72	525.81
	440.90	385.03	526.79	606.39	517.71	456.23	393.94	332.77	348.84	306.96
	-214.83	-134.57	-104.13	0.00	24.92	0.00	-14.40	0.00	0.00	0.00
	226.07	250.46	422.66	606.39	542.63	456.23	379.54	332.77	348.84	306.96
	135.05	113.89	169.16	174.07	138.21	126.53	101.56	75.55	121.18	102.03
	125.53	167.80	298.71	476.18	441.70	350.01	293.07	274.99	247.60	214.36
	7.79	10.30	15.58	24.27	21.80	17.57	15.01	14.39	13.10	—
Key metrics
	504.79	516.01	648.66	815.48	753.50	576.44	482.57	443.62	465.59	315.57
	9.04%	9.90%	13.30%	17.30%	16.20%	17.30%	18.30%	17.10%	17.30%	13.20%
	2.25%	3.20%	6.10%	10.10%	9.50%	10.50%	11.10%	10.60%	9.20%	8.90%
	—	6.40%	11.10%	—	—	—	—	—	—	—
	11.93%	6.40%	4.10%	1.00%	40.00%	26.30%	1.30%	-3.30%	12.30%	—
	-37.97%	-43.80%	-37.30%	7.80%	26.20%	19.40%	6.60%	11.10%	15.50%	—
	—	67.06	30.18	—	—	—	—	—	—	—
	—	2.19	1.02	—	—	—	—	—	—	—
	—	0.08	0.03	—	—	—	—	—	—	—
	—	-392.91	-257.70	—	—	—	—	—	—	—
	—	111.2	109.7	—	—	—	—	—	—	—
Balance sheet
	—	5,291	4,643	—	—	—	—	—	—	—
	—	2,841	2,400	—	—	—	—	—	—	—
	—	697.88	377.93	—	—	—	—	—	—	—
	—	890.78	766.24	—	—	—	—	—	—	—
	—	1,117	1,055	—	—	—	—	—	—	—
	—	114.17	83.70	—	—	—	—	—	—	—
	—	1,389	1,223	—	—	—	—	—	—	—
	—	422.04	349.84	—	—	—	—	—	—	—
	—	1,065	717.31	—	—	—	—	—	—	—
	—	304.97	120.23	—	—	—	—	—	—	—
	—	279.19	95.35	—	—	—	—	—	—	—
	—	25.78	24.88	—	—	—	—	—	—	—
	—	4,008	3,676	—	—	—	—	—	—	—
Cash flow
	—	367.35	304.23	—	—	—	—	—	—	—
	—	-217.01	-382.58	—	—	—	—	—	—	—
	—	119.16	-109.93	—	—	—	—	—	—	—
	—	300.29	274.05	—	—	—	—	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	920.80	855.01	855.27	780.29	720.19	706.79	699.19	737.78	717.13	673.48	668.66	642.84
	2.42	15.07	39.48	2.36	8.07	88.59	9.28	2.11	5.62	21.86	14.63	4.66
	923.22	870.08	894.75	782.65	728.26	795.38	708.47	739.89	722.75	695.34	683.29	647.50
	824.54	755.53	738.83	667.36	641.10	628.93	627.64	630.40	607.20	575.92	559.19	537.47
	387.44	369.47	348.92	313.57	293.32	307.00	291.34	310.34	294.01	262.50	255.51	245.03
	41.49	37.12	46.99	34.45	17.67	15.58	30.21	23.93	33.30	22.96	22.25	16.62
	90.28	83.21	76.03	81.43	81.17	78.87	71.14	77.06	72.84	69.27	66.66	62.85
	2.06	0.48	0.16	0.00	0.00	0.00	0.16	0.01	—	—	0.17	0.16
	26.93	25.92	24.05	23.88	23.67	23.01	20.58	20.37	20.06	19.62	19.14	18.20
	282.31	260.15	255.63	225.56	226.59	211.92	223.82	150.26	142.90	141.16	130.33	129.88
	98.68	114.55	155.92	115.29	87.16	166.45	80.83	109.49	115.55	119.42	124.10	110.03
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	98.68	114.55	155.92	115.29	87.16	166.45	80.83	109.49	115.55	119.42	124.10	110.03
	26.39	26.71	33.48	30.76	22.82	21.48	19.53	28.93	29.08	26.14	29.85	29.88
	72.29	87.84	122.44	84.53	64.34	144.97	61.30	80.56	86.47	93.28	94.25	80.15
	3.79	4.61	6.43	4.44	3.38	7.61	3.22	4.23	4.55	4.90	4.96	4.22
Key metrics
	127.67	140.95	180.13	139.17	110.83	189.46	101.57	129.87	135.61	139.04	143.41	128.39
	13.90%	16.50%	21.10%	17.80%	15.40%	26.80%	14.50%	17.60%	18.90%	20.60%	21.40%	20.00%
	7.90%	10.30%	14.30%	10.80%	8.90%	20.50%	8.80%	10.90%	12.10%	13.90%	14.10%	12.50%
	3.30%	—	5.30%	—	3.20%	—	3.10%	—	—	—	—	—
	27.90%	21.00%	22.30%	5.80%	0.40%	4.90%	4.60%	14.80%	—	—	—	—
	12.40%	-39.40%	99.70%	4.90%	-25.60%	55.40%	-35.00%	0.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	3,411	3,063	2,828	2,633	2,510	2,215	1,672	1,651	1,782	1,602
	59.33	138.50	38.87	45.46	31.90	41.95	42.37	47.33	26.92	31.04
	3,471	3,201	2,866	2,679	2,542	2,257	1,715	1,699	1,809	1,633
	2,986	2,676	2,441	2,216	2,135	1,912	1,459	1,459	1,561	1,428
	1,419	1,263	1,158	1,030	999.06	892.51	599.94	626.73	699.04	579.62
	160.05	114.69	110.40	91.07	71.82	73.56	53.04	62.60	79.52	70.92
	330.95	317.50	290.31	258.38	236.90	214.86	196.17	195.89	182.12	174.20
	2.70	0.16	0.17	4.15	15.04	0.97	0.27	0.35	0.94	1.47
	100.78	94.61	80.63	72.65	74.49	65.04	61.43	66.98	75.40	73.89
	1,024	919.70	831.97	525.06	510.96	488.92	325.12	355.17	357.85	325.83
	484.44	524.82	425.29	463.09	406.74	345.53	255.68	239.54	247.91	205.19
	0.00	0.00	0.00	—	24.92	—	-11.22	—	—	—
	484.44	524.82	425.29	463.09	431.66	345.53	244.46	239.54	247.91	205.19
	117.34	108.54	103.68	112.74	100.71	91.05	60.49	48.22	81.82	61.71
	367.10	416.28	321.61	350.35	330.95	254.48	183.97	191.32	166.09	143.48
	19.27	21.86	16.90	18.44	17.43	13.41	9.71	10.11	8.80	—
Key metrics
	587.92	619.59	506.09	539.89	521.19	411.54	306.16	306.87	324.25	280.55
	17.23%	20.20%	17.90%	20.50%	20.80%	18.60%	18.30%	18.60%	18.20%	17.50%
	10.76%	13.60%	11.40%	13.30%	13.20%	11.50%	11.00%	11.60%	9.30%	9.00%
	—	17.90%	16.50%	—	—	—	—	—	—	—
	19.11%	8.30%	7.40%	4.90%	13.30%	32.50%	1.30%	-7.40%	11.20%	—
	4.54%	29.40%	-8.20%	5.90%	30.00%	38.30%	-3.80%	15.20%	15.80%	—
	—	72.28	6.96	—	—	—	—	—	—	—
	—	0.72	0.59	—	—	—	—	—	—	—
	—	0.00	0.01	—	—	—	—	—	—	—
	—	-202.87	-64.95	—	—	—	—	—	—	—
	—	94.1	90.9	—	—	—	—	—	—	—
Balance sheet
	—	3,273	2,866	—	—	—	—	—	—	—
	—	1,293	1,044	—	—	—	—	—	—	—
	—	202.87	85.80	—	—	—	—	—	—	—
	—	544.78	451.91	—	—	—	—	—	—	—
	—	466.91	442.14	—	—	—	—	—	—	—
	—	65.54	50.57	—	—	—	—	—	—	—
	—	708.38	586.73	—	—	—	—	—	—	—
	—	221.56	190.17	—	—	—	—	—	—	—
	—	339.60	287.23	—	—	—	—	—	—	—
	—	0.00	20.85	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	20.85	—	—	—	—	—	—	—
	—	2,910	2,558	—	—	—	—	—	—	—
Cash flow
	—	301.52	190.38	—	—	—	—	—	—	—
	—	-110.36	-206.26	—	—	—	—	—	—	—
	—	-74.09	-70.87	—	—	—	—	—	—	—
	—	229.24	183.42	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +6.86%
Sales CAGR 5Y: +12.86%
Profit CAGR 3Y: +7.95%
Profit CAGR 5Y: +17.74%
Sales YoY (TTM): +19.11%
Profit YoY (TTM): +4.54%

Consolidated

Sales CAGR 3Y: +3.81%
Sales CAGR 5Y: +14.62%
Profit CAGR 3Y: -27.58%
Profit CAGR 5Y: -10.55%
Sales YoY (TTM): +11.93%
Profit YoY (TTM): -37.97%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 38.83%

Quarter	September 2026	June 2026
Promoter %	38.83%	38.88%

Holder	Type	Holding	Previous	Change
AMBADI INVESTMENTS LIMITED	Promoter	29.42%	29.43%	-0.01%
SBI CONTRA FUND	Public	9.60%	—	—
NIPPON LIFE INDIA TRUSTEE LTD	Public	5.20%	—	—
KOTAK MAHINDRA TRUSTEE CO LTD	Public	2.23%	—	—
ICICI PRUDENTIAL MUTUAL FUND	Public	2.09%	—	—
KOTAK FUNDS - INDIA MIDCAP FUND	Public	2.05%	2.05%	0.00%
MURUGAPPA EDUCATIONAL AND MEDICAL FOUNDATION	Promoter Group	2.00%	2.00%	0.00%
HDFC MUTUAL FUND	Public	1.70%	—	—
TATA ETHICAL FUND	Public	1.52%	1.52%	0.00%
AXIS MUTUAL FUND TRUSTEE LIMITED A/C AXIS MUTUAL FUND	Public	1.42%	1.36%	+0.06%
INVESCO INDIA BALANCED ADVANTAGE FUND	Public	1.24%	1.51%	-0.27%
ADITYA BIRLA SUN LIFE MUTUAL FUND	Public	1.10%	—	—
SOUTHERN ENERGY DEVELOPMENT CORPORATION LTD	Promoter Group	0.76%	0.76%	0.00%
M.M.MUTHIAH RESEARCH FOUNDATION	Promoter Group	0.58%	0.58%	0.00%
R.MUTHATHA	Promoter Group	0.54%	0.54%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
Timken India Ltd S	23,025	3,061.10	52.83	17.40%	+17.00% TTM	-4.18% TTM	+0.30%
Grindwell Norton Ltd.	21,615	1,952.20	46.64	21.00%	+13.55% TTM	+21.10% TTM	+18.18%
Carborundum Universal Ltd.	20,812	1,092.45	165.79	6.40%	+11.93% TTM	-37.97% TTM	+22.03%
SKF INDIA (INDUSTRIAL) LIMITED S	12,061	2,439.60	—	14.90%	—	—	—
Wendt (India) Ltd.	1,419	7,092.80	71.86	8.90%	+14.14% TTM	-28.45% TTM	-17.11%
Galaxy Bearings Ltd. S	378	1,189.20	51.44	6.10%	-3.81% TTM	+20.49% TTM	+56.27%
NRB INDUSTRIAL BEARINGS LIMITED	72	29.70	-2.34	-42.60%	+14.63% TTM	-238.32% TTM	-0.90%

Filings & corporate actions

Recent announcements

Enclosed intimation regarding Change in the Corporate Office of the Registrar and Share Transfer Agent (RTA).3 Nov 2026 · Company Update / General
Enclosed the intimation regarding the upload of Recording of Analyst/ Investor Call3 Nov 2026 · Company Update / Analyst / Investor Meet
Enclosed update on closure of a wholly owned subsidiary.2 Nov 2026 · Company Update / General
Press Release.2 Nov 2026 · Company Update / Press Release / Media Release
Enclosed unaudited financial results for the quarter/half year ended 30th September 2026.2 Nov 2026 · Result / Financial Results
Outcome of the Board meeting2 Nov 2026 · Board Meeting / Outcome of Board Meeting
Enclosed intimation analysts/ Investor call in connection with unaudited financial results with quarter/ half year ended 30th September 2026.28 Oct 2026 · Company Update / Analyst / Investor Meet
Enclosed intimation pertaining to NSE Sustainability Ratings & Analytics Limited.16 Oct 2026 · Company Update / General
Carborundum Universal Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve unaudited financial results ....16 Oct 2026 · Board Meeting / Board Meeting
Enclosed certificates under Regulation 74(5) of SEBI (Depositories and Participants), Regulations, 2018.9 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Enclosed intimation pertaining to allotment of 4750 equity shares under ESOP Plan 2016.6 Oct 2026 · Company Update / Allotment of ESOP / ESPS
Enclosed intimation pertaining to capital infusion in CUMI International Limited.30 Sep 2026 · Company Update / General
Enclosed intimation pertaining to closure of trading window.25 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed intimation pertaining to the ESG rating assigned by Niche Ninety Nine Capability and certifications (OPC) Private Limited.18 Sep 2026 · Company Update / General
Enclosed intimation pertaining to appointment of CFO & KMP.7 Sep 2026 · Company Update / Change in Management
Enclosed Newspaper publication regarding notice of special window for re-lodgement of transfer requests of physical shares.3 Sep 2026 · Company Update / Newspaper Publication
Enclosed intimation pertaining to ESG rating assigned by Crisil ESG Ratings and Analytics Limited25 Aug 2026 · Company Update / General
Enclosed transcript of the investor call held on August 10, 2026.14 Aug 2026 · Company Update / Earnings Call Transcript
Enclosed intimation pertaining to upload of audio recording of Investor call.10 Aug 2026 · Company Update / Analyst / Investor Meet
Enclosed intimation pertaining to allotment of 6882 equity shares7 Aug 2026 · Company Update / Allotment of ESOP / ESPS
Enclosed proceedings of the 72nd AGM.7 Aug 2026 · AGM/EGM / AGM
Enclosed Press Release pertaining to unaudited financial results for the quarter ended June 30, 2026.7 Aug 2026 · Company Update / Press Release / Media Release
Enclosed unaudited financial results for the quarter ended 30th June 2026.7 Aug 2026 · Result / Financial Results
Outcome of the Board meeting7 Aug 2026 · Board Meeting / Outcome of Board Meeting
Enclosed intimation pertaining to allotment of equity shares under ESOP Plan 2016.31 Jul 2026 · Company Update / Allotment of ESOP / ESPS
Enclosed Investor meet intimation.30 Jul 2026 · Company Update / Analyst / Investor Meet
Carborundum Universal Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 07/08/2026 ,inter alia, to consider and approve unaudited financial results ....28 Jul 2026 · Board Meeting / Board Meeting
Enclosed newspaper ad pertaining to dispatch of Annual report and AGM notice.17 Jul 2026 · Company Update / Newspaper Publication
Enclosed BRSR for FY 2025-26.16 Jul 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Enclosed notice for 72nd Annual General Meeting.16 Jul 2026 · AGM/EGM / AGM
Enclosed Annual Report for the FY 2025-26.16 Jul 2026 · Others / Reg. 34 (1) Annual Report
Enclosed certificates under Regulation 74(5) of SEBI (DP) Regulations, 2018.15 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Enclosed newspaper publication pertaining to opening of special window for transfer of securities.14 Jul 2026 · Company Update / Newspaper Publication
Enclosed newspaper publication pertaining to convening of 72nd AGM.9 Jul 2026 · Company Update / Newspaper Publication
Stepping down of Mr. Ajit Kolhe, Head - Information Technology, Senior Management26 Jun 2026 · Company Update / Change in Management
Enclosed intimation pertaining to trading window closure for the quarter ending 30th June 2026.24 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Enclosed copies of newspaper advertisement pertaining to proposed transfer of shares to IEPF Authority.4 Jun 2026 · Company Update / Newspaper Publication
Enclosed intimation pertaining to completion of acquisition of 29.58% equity stake in Putrim Renewables Private Limited.27 May 2026 · Company Update / Acquisition
Enclosed transcript of Investor call held on May 15, 2026.21 May 2026 · Company Update / Earnings Call Transcript
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nippon India Mutual Fund19 May 2026 · Insider Trading / SAST / Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.5000	31 Jul 2026	31 Jul 2026	—
Interim Dividend - Rs. - 1.5000	4 Feb 2026	4 Feb 2026	—
Final Dividend - Rs. - 2.5000	31 Jul 2025	31 Jul 2025	—
Interim Dividend - Rs. - 1.5000	18 Feb 2025	19 Feb 2025	—
Final Dividend - Rs. - 2.5000	22 Jul 2024	—	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
7 Aug 2026 Board Meeting - Financial Results