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Carborundum Universal Ltd

(CARBORUNIV)

₹1392.91.01%

as on 06:59PM, 01 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Carborundum Universal Ltd Analyst Rating

based on 10 analysts

HOLD

45.45%

Buy

18.18%

Hold

36.36%

Sell

Based on 10 analysts offering long term price targets for Carborundum Universal Ltd. An average target of ₹1630.6

Source: S&P Global Market Intelligence

Carborundum Universal Ltd Share analysis

Carborundum Universal Ltd price forecast by 10 analysts

Upside of17.07%

High

₹1950

Target

₹1630.60

Low

₹1320

Carborundum Universal Ltd target price ₹1630.6, a slight upside of 17.07% compared to current price of ₹1392.9. According to 10 analysts rating.

Source: S&P Global Market Intelligence

Carborundum Universal Ltd Performance

  • Day's Low

    Day's High

    ₹1,377.65
    ₹1,400.95
  • 52 Week's Low

    52 Week's High

    ₹1,025.6
    ₹1,841.15
1 Month Return-4.77 %
3 Month Return-16.39 %
1 Year Return+ 30.09 %
Previous Close₹1,378.95
Open₹1,398.00
Volume81.49K
Upper Circuit-
Lower Circuit-
Market Cap₹26,242.68Cr

Carborundum Universal Ltd Key Statistics

P/E Ratio55.74
PEG Ratio79.63
Market Cap₹26,242.68 Cr
P/B Ratio10.5
EPS25.03
Dividend Yield0.32
SectorCapital Goods-Non Electrical Equipment
ROE16.3

Carborundum Universal Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
HOLD₹26,242.68 Cr66.91%0.50₹476 Cr₹4,702 Cr
BUY₹18,712.13 Cr44.98%0.50₹651 Cr₹5,014 Cr
BUY₹36,583.02 Cr122.77%0.53₹580 Cr₹8,104 Cr
NA₹5,831.16 Cr187.32%0.65-₹51 Cr₹1,369 Cr
HOLD₹18,822.17 Cr31.7%0.54₹473 Cr₹4,317 Cr

About Carborundum Universal Ltd

Carborundum Universal Ltd (CUMI) is one of India's leading industrial conglomerates, incorporated in 1954. It is a part of the Murugappa Group, one of India's largest and oldest business conglomerates with operations in more than 20 countries.

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: ₹1392.90 per share as on 01 Nov, 2024 06:59 PM
Market Capitalisation: ₹26,242.68Cr as of today
Revenue: ₹1,209.26Cr as on September 2024 (Q3 24)
Net Profit: ₹116.16Cr as on September 2024 (Q3 24)
Listing date: 24 Feb, 1995
Chairperson Name: M M Murugappan
OrganisationCarborundum Universal Ltd
Headquarters
IndustryCapital Goods-Non Electrical Equipment
E-voting on sharesClick here to vote

Key events for Carborundum Universal Ltd

  • Carborundum Universal Reports Strong Q2 Earnings Growth - 30 Oct, 2024

    Carborundum Universal Ltd reported a consolidated net profit of Rs 116.16 crore for Q2 2024, up from Rs 103.88 crore last year. Total income rose to Rs 1,235.45 crore, with record sales of Rs 1,209 crore. The company’s performance reflects strong demand across abrasives, ceramics, and electro minerals segments.

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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 17.82% to 18.21% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.21K Cr → 1.24K Cr (in ₹), with an average increase of 2.4% per quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 112.96 Cr → 115.86 Cr (in ₹), with an average increase of 2.5% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 334.5% return, outperforming this stock by 271.6%

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 95.5% return, outperforming this stock by 65.4%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 26.57% to 26.27% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 12.76% to 12.71% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 41.16% to 41.04% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 3 months, CARBORUNIV stock has moved down by -16.4%

Carborundum Universal Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹1,123.42Cr (-)₹1,130.46Cr (↑0.63%)₹1,183.40Cr (↑4.68%)₹1,184.10Cr (↑0.06%)₹1,209.26Cr (↑2.12%)
Net Income₹103.88Cr (-)₹111.98Cr (↑7.80%)₹142.56Cr (↑27.31%)₹114.84Cr (↓19.44%)₹116.16Cr (↑1.15%)
Net Profit Margin9.25% (-)9.91% (↑7.14%)12.05% (↑21.59%)9.70% (↓19.50%)9.61% (↓0.93%)
Value in ₹ crore
Details2021202220232024
Total Assets₹1,853.04Cr (-)₹2,276.31Cr (↑22.84%)₹2,446.23Cr (↑7.46%)₹2,603.53Cr (↑6.43%)
Total Liabilities₹318.27Cr (-)₹535.56Cr (↑68.27%)₹439.72Cr (↓17.90%)₹306.01Cr (↓30.41%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹231.12Cr (-)₹271.13Cr (↑17.31%)₹198.13Cr (↓26.92%)₹344.04Cr (↑73.64%)₹400.81Cr (↑16.50%)

Index Inclusions

S&P BSE Capital Goods

₹69,547.61

0.64 (441.81%)

S&P BSE Indus.

₹15,108.34

0.71 (106.05%)

Nifty 500

₹22,816.55

0.56 (127.2%)

S&P BSE SmallCap Select

₹8,251.62

0.78 (64.24%)

S&P BSE 250 SmallCap

₹7,221.92

0.92 (65.65%)

S&P BSE AllCap

₹10,538.44

0.6 (63.25%)

Nifty MidSmallcap 400

₹19,967.30

0.75 (149.2%)

Nifty LargeMidcap 250

₹15,881.25

0.57 (90.7%)

Nifty Midcap 150

₹21,015.00

0.66 (138.3%)

BSE 500

₹35,939.38

0.56 (201.27%)

BSE Small-Cap

₹55,548.80

1.03 (565.93%)

S&P BSE 400 MidSmallCap

₹12,239.94

0.76 (92.8%)

Carborundum Universal Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
41.04%
-0.28
Foreign Institutions
12.71%
-0.43
Mutual Funds
26.27%
-1.14
Retail Investors
18.21%
2.18
Others
1.78%
5.10

Carborundum Universal Ltd Key Indicators

Details20202021202220232024
Return On Equity %14.4712.6915.5617.6916.3
Details20202021202220232024
Return On Assets %17.2515.3414.6416.9217.72
Details20202021202220232024
Book Value Per Share (₹)98.11112.43124.5148.5164.29
Details20202021202220232024
Earning Per Share (₹)14.5215.4618.4423.2525.03

Carborundum Universal Ltd Valuation

Carborundum Universal Ltd in the last 5 years

  • Overview

  • Trends

Lowest (14.17x)

May 19, 2020

Today (55.74x)

November 1, 2024

Industry (65.26x)

November 1, 2024

Highest (74.17x)

June 19, 2024

LowHigh

Carborundum Universal Ltd Earnings and Dividends

  • Carborundum Universal Ltd Earnings Results

    Carborundum Universal Ltd’s net profit jumped 13.72% since last year same period to ₹115.86Cr in the Q2 2024-2025. On a quarterly growth basis, Carborundum Universal Ltd has generated 2.57% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Carborundum 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 0.43%.

    Read More about Dividends

Carborundum Universal Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Carborundum Universal Ltd is currently in a Bearish trading position according to technical analysis indicators.

FAQs on Carborundum Universal Ltd

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Carborundum Universal Ltd (CARBORUNIV) share price today is ₹1392.9

Carborundum Universal Ltd is listed on NSE

Carborundum Universal Ltd is listed on BSE

  • Today’s highest price of Carborundum Universal Ltd is ₹1400.95.
  • Today’s lowest price of Carborundum Universal Ltd is ₹1377.65.

PE Ratio of Carborundum Universal Ltd is 55.74

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 81.49K.

Today’s market capitalisation of Carborundum Universal Ltd(CARBORUNIV) is ₹26242.68Cr.

Carborundum Universal Ltd(CARBORUNIVPrice
52 Week High
₹1841.15
52 Week Low
₹1025.6

Carborundum Universal Ltd(CARBORUNIV) share price is ₹1392.9. It is down -24.35% from its 52 Week High price of ₹1841.15

Carborundum Universal Ltd(CARBORUNIV) share price is ₹1392.9. It is up 35.81% from its 52 Week Low price of ₹1025.6

Carborundum Universal Ltd(CARBORUNIVReturns
1 Day Returns
13.95%
1 Month Returns
-4.77%
3 Month Returns
-16.39%
1 Year Returns
30.09%