Carborundum Universal Limited (CARBORUNIV) AI Stock Analysis

• Market Cap: ₹175.07B
• Dividend Yield: 0.44%
• Average Volume (3M): 17.56K
• Price to Earnings (P/E): 72.4
• Beta (1Y): 0.97
• Revenue Growth: 4.67%
• EPS Growth: -47.63%
• Country: IN
• Employees: 2,238
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Conglomerates
• EPS (TTM): 3.30
• Shares Outstanding: 190,435,990
• 10 Day Avg. Volume: 7,426
• 30 Day Avg. Volume: 17,560
• 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: ₹885.00
• Price Target Upside: -3.73% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

• Rating: 68 Neutral
• Price Target: ₹1,042.00 ▲(13.35% Upside)

Carborundum Universal Limited's overall stock score is driven by its strong financial performance, characterized by robust profitability and a solid balance sheet. However, the high P/E ratio suggests potential overvaluation, and mixed technical indicators point to uncertain market momentum. The lack of earnings call data and corporate events further limits the assessment.

Carborundum Universal Limited Business Overview & Revenue Model

Company Description

Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electro minerals in India and internationally. The company operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. It offers bonded and coated abrasives, processed cloth products, polymers, power tools, and coolants; and electro minerals, including fused alumina, silicon carbide, fused zirconia, aluminum zirconia, pearl zirconia, and zircon mullite. The company also provides industrial ceramics, anti-corrosion products, and bio ceramics, which harness the heat resistance/containment, wear resistance, and insulation properties of ceramics, as well as corrosion resistance properties of various materials. In addition, it manufactures super refractories; operates gas-based power generation facility; and provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services. The company was incorporated in 1954 and is based in Chennai, India.

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: Negative
• Last Price: 919.30
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Positive
• 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 Negative. The current price of 919.3 is below the 20-day moving average (MA) of 961.95, below the 50-day MA of 939.65, and below the 200-day MA of 1026.91, indicating a neutral trend. The MACD of 11.50 indicates Positive momentum. The RSI at 49.88 is Neutral, neither overbought nor oversold. The STOCH value of 30.77 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative 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	₹192.95B	18.71	14.34%	1.17%	-1.10%	1.86%
BEML	71 Outperform	₹175.24B	58.63	10.13%	0.50%	-2.17%	4.39%
MSTCLTD	71 Outperform	₹34.07B	8.01	55.13%	9.40%	-58.05%	97.11%
3MINDIA	69 Neutral	₹328.39B	66.13	25.78%	0.55%	9.76%	-18.77%
CARBORUNIV	68 Neutral	₹175.07B	72.41	―	0.44%	4.67%	-47.63%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%