Carborundum Universal Limited (CARBORUNIV) AI Stock Analysis

• Market Cap: ₹180.19B
• Dividend Yield: 0.42%
• Average Volume (3M): 16.25K
• Price to Earnings (P/E): 74.5
• Beta (1Y): 0.94
• Revenue Growth: 4.67%
• EPS Growth: -47.63%
• Country: IN
• Employees: 2,238
• Sector: Basic Materials
• Sector Strength: 67
• Industry: Conglomerates
• EPS (TTM): 3.30
• Shares Outstanding: 190,429,600
• 10 Day Avg. Volume: 5,424
• 30 Day Avg. Volume: 16,253
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹948.00
• Price Target Upside: 0.18% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 67 Neutral
• Price Target: ₹1,011.00 ▲(6.84% Upside)

Carborundum Universal Limited's overall stock score is driven by its strong financial performance, which is the most significant factor. However, the technical analysis indicates potential bearish momentum, and the high P/E ratio suggests overvaluation, which negatively impacts the score.

Carborundum Universal Limited Business Overview & Revenue Model

Company Description

Carborundum Universal Limited (CARBORUNIV) is a leading materials sciences company headquartered in India, specializing in the manufacture and supply of abrasives, ceramics, and electro-minerals. With a diverse product portfolio, the company serves various industries, including automotive, engineering, infrastructure, and renewable energy. Carborundum Universal Limited is part of the Murugappa Group, a renowned Indian conglomerate, and is recognized for its innovation and technical expertise in producing high-performance materials.

How the Company Makes Money

Carborundum Universal Limited generates revenue primarily through the sale of its three core product segments: abrasives, ceramics, and electro-minerals. The abrasives segment includes products like bonded, coated, and super abrasives, which are used in cutting, grinding, and polishing applications across multiple industries. The ceramics segment offers engineered ceramic products used for wear resistance, corrosion resistance, and thermal insulation in various industrial applications. The electro-minerals segment produces synthetic minerals like silicon carbide and fused alumina, which are essential for abrasive products and refractory materials. The company leverages its strong distribution network and global presence to reach a broad customer base, enhancing its revenue streams. Additionally, Carborundum Universal Limited benefits from strategic partnerships and joint ventures, which help expand its market reach and technological capabilities.

Carborundum Universal Limited Financial Statement Overview

Summary

Carborundum Universal Limited demonstrates robust financial health with strong profitability, a solid balance sheet, and stable cash generation. The company has high gross and net profit margins, a low debt-to-equity ratio, and competitive ROE. However, there is some volatility in free cash flow.

Income Statement

Carborundum Universal Limited exhibits strong performance with high gross and net profit margins. The gross profit margin remains robust, indicating effective cost management. Despite a slight decline in EBIT and EBITDA margins, the company sustains healthy profitability. Revenue growth is steady, showing consistent expansion over the years, although the growth rate has slowed recently.

Balance Sheet

The company's balance sheet is solid, with a low debt-to-equity ratio highlighting conservative leverage. The equity ratio is high, reflecting strong financial stability. Return on Equity (ROE) remains competitive, showcasing efficient use of shareholder funds. The company's strong equity position underpins its financial resilience.

Cash Flow

Carborundum Universal's cash flow performance shows mixed results. While operating cash flow is consistent, free cash flow growth has been volatile, and the most recent year shows a decline. The company maintains a healthy operating cash flow to net income ratio, indicating good cash conversion efficiency.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2022	Dec 2021
Income Statement
Total Revenue	48.65B	48.94B	47.02B	32.90B	46.01B	26.04B
Gross Profit	25.97B	26.33B	28.32B	20.00B	28.87B	16.12B
EBITDA	6.61B	7.12B	8.15B	5.76B	7.53B	4.83B
Net Income	2.93B	2.93B	4.61B	3.33B	4.14B	2.84B
Balance Sheet
Total Assets	46.43B	46.43B	41.52B	33.23B	39.24B	26.89B
Cash, Cash Equivalents and Short-Term Investments	3.81B	3.81B	5.56B	3.50B	4.09B	6.87B
Total Debt	2.16B	2.16B	1.22B	2.32B	2.77B	567.39M
Total Liabilities	9.67B	9.67B	8.87B	8.73B	9.76B	5.11B
Stockholders Equity	35.29B	35.29B	31.26B	23.64B	28.21B	21.31B
Cash Flow
Free Cash Flow	0.00	301.80M	3.66B	-3.17B	1.28B	3.44B
Operating Cash Flow	0.00	3.04B	6.02B	2.45B	4.30B	4.51B
Investing Cash Flow	0.00	-3.83B	-1.86B	-4.60B	-2.57B	-2.69B
Financing Cash Flow	0.00	-1.10B	-2.14B	894.25M	-1.33B	-661.87M

Carborundum Universal Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 946.25
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CARBORUNIV, the sentiment is Positive. The current price of 946.25 is above the 20-day moving average (MA) of 903.18, above the 50-day MA of 940.88, and below the 200-day MA of 1055.64, indicating a neutral trend. The MACD of 4.47 indicates Negative momentum. The RSI at 55.62 is Neutral, neither overbought nor oversold. The STOCH value of 70.37 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CARBORUNIV.

Carborundum Universal Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NAVA	74 Outperform	₹192.02B	18.62		1.18%	-1.10%	1.86%
3MINDIA	67 Neutral	₹342.52B	68.97		0.53%	9.76%	-18.77%
BEML	67 Neutral	₹170.12B	56.92		0.49%	-2.17%	4.39%
CARBORUNIV	67 Neutral	₹180.19B	74.54		0.42%	4.67%	-47.63%
Sector *	62 Neutral	$10.36B	6.35	0.80%	2.84%	3.10%	-36.03%
JSWHL	―	₹209.66B	118.40		―	―	―
MSTCLTD	67 Neutral	₹35.22B	8.28		9.10%	-58.05%	97.11%