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On 6 Nov 2026, Carborundum Universal was priced at ₹1,041.30, or 134.0× trailing earnings, against an industry P/E of 22.6×, and the shares are 24% below their 52-week high. Sales grew 3.8% a year over 3 years while net profit fell 22%, with ROCE of 7.1% and ROE of 3.2%. Debt is 0.12× equity, and its dividend yield is 0.4%. It is a small-cap company with a market cap of ₹19,838 Cr, ranked 2nd of 31 Tools & Accessories companies by market cap; the shares rose 21% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹1,080.00
Day high
₹1,080.00
Day low
₹1,026.70
Prev. close
₹1,084.60
Volume
1.7 L

Health check

1 good · 1 fair · 4 to check
  • ReturnsAhead

    +21.1% over a year, better than 6 of 7 peers.

  • Price tagPricier

    P/E 134.0 vs industry 22.6.

  • GrowthSlow

    Sales +3.8%, profit −22.2% a year over 3 years.

  • ProfitabilityWeak

    ROCE 7.1% vs peer median 25.1%.

  • Balance sheetFair

    Debt 0.12× equity, interest covered 16.5×, Piotroski 5 of 9.

  • Red flags3 to check

    Return on equity is low at 3.2%.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Tools & Accessories

30 listed peers. Screen the industry

Small cap

₹19,838 Cr, #2 of 31 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹5,612 Cr · profit ₹147 Cr
Market cap
₹19,838 Cr
Small cap
P/E
134.0
Industry 22.6
Price to book
4.98
Peers 7.34
Dividend yield
0.38%
ROE
3.2%
Peers 15.4%
ROCE
7.1%
Peers 25.1%
Debt to equity
0.12
Debt ₹472 Cr
EPS (TTM)
₹7.77
Face value ₹1
OPM (TTM)
8.4%
Net margin 2.6%
Sales growth
+14.6%
Latest quarter vs a year ago
Profit growth
−83.2%
Latest quarter vs a year ago
Price to sales
3.53
EV/EBITDA 31.1

Strengths and risks

Strengths

  • Positive operating cash flow in each of the last 4 years.

Risks to check

  • Return on equity is low at 3.2%.
  • Quarterly profit down 83.2% on a year ago.
  • P/E of 134.0 against an industry P/E of 22.6.

Derived automatically from reported figures. Not a recommendation.

About Carborundum Universal

Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electrominerals in India and internationally. It operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. The company offers super, bonded and coated abrasives, cutting and grinding, metal working fluids, and power tools; and electro minerals, such as alumina, carbides,…

Headquarters
Chennai
Employees
2,340
Sector
Industrials
ISIN
INE120A01034
Website
cumi-murugappa.com

Price range

52 weeks

₹735.20₹1,368.90

Today

₹1,026.70₹1,080.00
Avg volume (3M)
3.8 L
1-year return
plus 21.1%
From 52-week high
minus 23.9%

Analyst consensus

6 analysts
UnderperformMean target ₹1,044.50 plus 0.3%

Target range, with today’s price

Low ₹974.00High ₹1,111.00

Next results expected around 28 Jan 2027

Consensus from Yahoo Finance. Not a recommendation.

Peers · Tools & Accessories

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
TIMKENTimken India3,057.80minus 2.14%23,00050.735.418.5%18.5%0.007.5%plus 2.4%
CARBORUNIVCarborundum Universal1,041.30minus 3.99%19,838134.032.97.1%8.4%0.123.8%plus 21.1%
SKFINDUSSKF India (Industrial)2,343.60minus 2.47%11,58649.4––10.3%0.00–minus 13.0%
KENNAMETKennametal India3,585.60minus 5.65%7,88140.226.131.2%23.9%0.0011.4%plus 44.8%
ESABINDIAEsab India5,004.00minus 2.18%7,70334.728.160.8%18.4%0.0111.4%plus 4.8%
SKFINDIASKF India1,425.60plus 0.37%7,04845.314.431.7%11.1%0.00−4.9%minus 33.0%
TIILTechnocraft Industries (India)2,726.40minus 1.58%6,18218.213.719.1%18.5%0.4012.2%plus 14.3%
HARSHAHarsha Engineers International457.15minus 2.41%4,16226.917.714.1%14.6%0.275.8%plus 17.9%
Median of 7 peers–−2.18%7,70340.221.925.1%18.4%0.009.4%4.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Dec 25Mar 26Jun 26Sep 26
1,2071,2731,3831,4111,455
1,0851,1161,3421,2751,326
12115741135129
10.0%12.3%3.0%9.6%8.9%
2721.813555.480.3
3.54.66.35.86.6
58.961.164.565.564.3
––−135–−80.3
85.8113−29.811958
29.6%35.3%−34.2%32.6%79.2%
61.975.9−17.676.412.5
3.274.01-0.934.040.66

Sep 25 not reported by the data source.

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
+3.8%
Profit CAGR 3Y
−22.2%
EPS CAGR 3Y
−22.0%
ROE
3.2%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
4,6014,6284,8345,149
–+0.6%+4.4%+6.5%
3,9243,8604,1144,559
677768720591
14.7%16.6%14.9%11.5%
93.595.785.5101
23.117.413.518.2
187191212247
20−5.3−112−146
580650468282
23.8%26.8%36.2%40.4%
414461293195
–+11.4%minus 36.5%minus 33.5%
21.7424.2215.5510.30

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
19191919
2,8023,1073,5103,881
224122161303
8809049541,087
3,9244,1524,6435,291
1,1501,1821,3831,545
10596.6160155
17.98.98.82.3
398556378698
2,2532,3082,7132,890
3,9244,1524,6435,291

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
430602304367
−257−186−383−217
−133−214−110119
39.6201−188270
−302−235−278−310
12836626.657
−66.5−66.5−76.1−76.2

Shareholding pattern

Source: NSE filings
38.8%
promoters
  • Promoters38.84%
  • Public61.16%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202638.84%61.16%minus 0.05
30 Jun 202638.89%61.11%0.00
31 Mar 202638.89%61.11%minus 0.01
31 Dec 202538.90%61.10%minus 0.06
30 Sep 202538.96%61.04%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you