Carborundum Universal Ltd (CARBORUNIV)
₹1717.15▲2.62%
Analyst Rating
based on 12 analysts
58.33%
Buy
16.67%
Hold
25.00%
Sell
Based on 12 analysts offering long term price targets for Carborundum Universal Ltd. An average target of ₹1510.17
Source: S&P Global Market Intelligence
Carborundum Universal Ltd Share analysis
Source: S&P Global Market Intelligence
Performance
Day's Low
Day's High
₹1,650.15₹1,72552 Week's Low
52 Week's High
₹1,025.6₹1,841.15
| Returns % | |
| 1 Month Return | -0.98 % |
| 3 Month Return | + 24.77 % |
| 1 Year Return | + 40.68 % |
| Market Stats | |
| Previous Close | ₹1,673.35 |
| Open | ₹1,664.05 |
| Volume | 1.06L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹31,836.76Cr |
Key Statistics
| P/E Ratio | 68.92 |
| PEG Ratio | 27.9 |
| Market Cap | ₹31,836.76 Cr |
| P/B Ratio | 10.5 |
| EPS | 25.03 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹31,836.76 Cr | 78.5% | 0.50 | ₹476 Cr | ₹4,702 Cr |
 | BUY | ₹22,985.25 Cr | 59.07% | 0.50 | ₹504 Cr | ₹4,481 Cr |
 | BUY | ₹37,697.01 Cr | 161.68% | 0.53 | ₹477 Cr | ₹6,912 Cr |
 | NA | ₹6,761.86 Cr | 272% | 0.65 | ₹70 Cr | ₹894 Cr |
 | BUY | ₹19,861.47 Cr | 43.79% | 0.56 | ₹250 Cr | ₹4,397 Cr |
Company Information
CUMI's operations span a wide range of industries, including abrasives, ceramics, coatings, electro minerals, industrial ceramics, machine tools, and super abrasives. The company's top products include abrasive grains, bonded abrasives, coated abrasives, non-woven abrasives, and super abrasives. CUMI's popular brands include Carbo, Carborundum, CarboGold, and CarboJet.
Share Price: ₹1717.15 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹31,836.76Cr as of today
Revenue: ₹1,183.40Cr as on March 2024 (Q1 24)
Net Profit: ₹142.56Cr as on March 2024 (Q1 24)
Listing date: 24 Feb, 1995
Chairperson Name: M M Murugappan
| Organisation | Carborundum Universal Ltd |
| Headquarters | |
| Industry | Capital Goods-Non Electrical Equipment |
| E-voting on shares | Click here to vote |
Key events for Carborundum Universal Ltd
Carborundum Universal Ltd to Increase Dividend - 12 Jul, 2024
Carborundum Universal Limited will increase its dividend from last year's comparable payment to Rs 2.50, with a forecasted rise in earnings per share by 74.7% over the next year. However, the yield is only 0.2%, which is below the industry average, and the company has had cuts in the past, making it uncertain if this stock will be a reliable source of income in the future.
Carborundum Universal to Increase Dividend Payment - 25 Jun, 2024
Carborundum Universal Limited has announced an increase in its dividend payment, with a forecasted rise of 74.7% in earnings per share over the next year. The company's low payout ratio and decent growth suggest potential for increased dividends over time.
Carborundum Universal Ltd Share Price Soars 375% Over Five Years - 22 Jun, 2024
The total return for Carborundum Universal investors has risen faster than earnings growth over the last five years, with a TSR of 388%. The share price growth of 37% per year exceeds EPS growth of 13% per year. Simply Wall St provides a comprehensive analysis of the company.
Insights on Carborundum Universal Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 1.17K Cr → 1.22K Cr (in ₹), with an average increase of 4.1% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, CARBORUNIV stock has moved up by 24.8%
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, 101.88 Cr → 134.84 Cr (in ₹), with an average increase of 13.0% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 11.71% to 12.76% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Solar Industries India Ltd has given 184.8% return, outperforming this stock by 144.1%
- NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 574.7% return, outperforming this stock by 423.8%
NEGATIVE IMPACTPromoter Holding Down
Promoters have decreased holdings from 41.23% to 41.16% in Jun 2024 quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 17.99% to 17.82% in Jun 2024 quarter
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 27.38% to 26.57% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹1,183.40Cr | ↑4.68% |
Net Income | ₹142.56Cr | ↑27.31% |
Net Profit Margin | 12.05% | ↑21.59% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹4,702.19Cr | ↑1.03% |
Net Income | ₹476.18Cr | ↑7.81% |
Net Profit Margin | 10.13% | ↑6.74% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹2,603.53Cr | ↑6.43% |
Total Liabilities | ₹306.01Cr | ↓30.41% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹400.81Cr | ↑16.50% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 41.16% | ||
| Foreign Institutions | 12.76% | 8.95 | |
| Mutual Funds | 26.57% | ||
| Retail Investors | 17.82% | ||
| Others | 1.69% | 0.08 |
Key Indicators
Carborundum Universal Ltd Valuation
Carborundum Universal Ltd in the last 5 years
Lowest (14.17x)
May 19, 2020
Today (68.92x)
July 23, 2024
Industry (86.96x)
July 23, 2024
Highest (74.17x)
June 19, 2024
Earnings and Dividends
Carborundum Universal Ltd Earnings Results
Carborundum Universal Ltd’s net profit fell -1.66% since last year same period to ₹134.84Cr in the Q4 2023-2024. On a quarterly growth basis, Carborundum Universal Ltd has generated 21.15% jump in its net profits since last 3-months.
Read More about Earnings ResultsCarborundum Universal Ltd Dividends May,2024
In the quarter ending March 2024, Carborundum Universal Ltd has declared dividend of ₹2.50 - translating a dividend yield of 0.35%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Carborundum Universal Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Carborundum Universal Ltd (CARBORUNIV) share price today is ₹1717.15
Carborundum Universal Ltd is listed on NSE
Carborundum Universal Ltd is listed on BSE
- Today’s highest price of Carborundum Universal Ltd is ₹1725.
- Today’s lowest price of Carborundum Universal Ltd is ₹1650.15.
PE Ratio of Carborundum Universal Ltd is 68.92
PE ratio = Carborundum Universal Ltd Market price per share / Carborundum Universal Ltd Earnings per share
Today’s traded volume of Carborundum Universal Ltd(CARBORUNIV) is 1.06L.
Today’s market capitalisation of Carborundum Universal Ltd(CARBORUNIV) is ₹31836.76Cr.
| Carborundum Universal Ltd(CARBORUNIV | Price |
|---|---|
52 Week High | ₹1841.15 |
52 Week Low | ₹1025.6 |
Carborundum Universal Ltd(CARBORUNIV) share price is ₹1717.15. It is down -6.73% from its 52 Week High price of ₹1841.15
Carborundum Universal Ltd(CARBORUNIV) share price is ₹1717.15. It is up 67.43% from its 52 Week Low price of ₹1025.6
| Carborundum Universal Ltd(CARBORUNIV | Returns |
|---|---|
1 Day Returns | 43.8% |
1 Month Returns | -0.98% |
3 Month Returns | 24.77% |
1 Year Returns | 40.68% |