Carborundum Universal Ltd Analyst Rating
based on 10 analysts
40.00%
Buy
20.00%
Hold
40.00%
Sell
Based on 10 analysts offering long term price targets for Carborundum Universal Ltd. An average target of ₹1527.8
Source: S&P Global Market Intelligence
Carborundum Universal Ltd Share analysis
Carborundum Universal Ltd price forecast by 10 analysts
Upside of8.48%
High
₹1750
Target
₹1527.80
Low
₹1198
Carborundum Universal Ltd target price ₹1527.8, a slight upside of 8.48% compared to current price of ₹1409.3. According to 10 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Carborundum Universal Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.99%
Forecast
Actual
Including amortisation and stock based compensations
Carborundum Universal Ltd EPS growth forecast
EPS estimate Q1, FY2026:39.07%
Forecast
Actual
Source: S&P Global Market Intelligence
Carborundum Universal Ltd Performance
Day's Low
Day's High
₹1,400₹1,481.3552 Week's Low
52 Week's High
₹1,025.6₹1,841.15
| Returns % | |
| 1 Month Return | -3.21 % |
| 3 Month Return | -10.42 % |
| 1 Year Return | + 28.66 % |
| Market Stats | |
| Previous Close | ₹1,408.40 |
| Open | ₹1,405.00 |
| Volume | 2.46L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹26,808.35Cr |
Carborundum Universal Ltd Key Statistics
| P/E Ratio | 56.36 |
| PEG Ratio | 80.51 |
| Market Cap | ₹26,808.35 Cr |
| P/B Ratio | 10.5 |
| EPS | 25.03 |
| Dividend Yield | 0.32 |
| Sector | Capital Goods-Non Electrical Equipment |
| ROE | 16.3 |
Carborundum Universal Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹26,808.35 Cr | 72.16% | 0.50 | ₹476 Cr | ₹4,702 Cr | |
| BUY | ₹17,099.38 Cr | 42.79% | 0.50 | ₹651 Cr | ₹5,014 Cr | |
| BUY | ₹34,691.46 Cr | 127.75% | 0.53 | ₹580 Cr | ₹8,104 Cr | |
| NA | ₹5,740.42 Cr | 168.53% | 0.65 | -₹51 Cr | ₹1,369 Cr | |
| HOLD | ₹16,293.72 Cr | 26.38% | 0.54 | ₹473 Cr | ₹4,317 Cr |
About Carborundum Universal Ltd
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: ₹1409.30 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹26,808.35Cr 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
| 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 Approaches Key Resistance Level - 16 Nov, 2024
Carborundum Universal Ltd is trading at a resistance level of Rs 1,470, with increasing volumes indicating potential for a breakout. A rise above this level could target Rs 1,540 and Rs 1,600, while Rs 1,420 serves as the nearest support.
Carborundum Universal's Q2 Performance and Outlook - 07 Nov, 2024
Carborundum Universal's Q2FY2025 revenues rose 7% year-on-year, but fell short of estimates. Management maintains a revenue growth guidance of 9-11%.
Carborundum Universal Upgraded with Positive Outlook - 06 Nov, 2024
Prabhudas Lilladher upgraded Carborundum Universal to 'Accumulate' with a target price of Rs 1,601, citing strong Q2FY25 performance and long-term growth potential in high-margin segments.
Carborundum Universal Upgraded to Accumulate - 05 Nov, 2024
Carborundum Universal reported 7.6% YoY sales growth and improved EBITDA margins. Despite challenges from pricing pressures and capacity constraints, the stock is upgraded to 'Accumulate' with a target price of Rs 1,601, reflecting a positive long-term outlook.
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.
POSITIVE IMPACTProfit Spike
Netprofit is up for the last 2 quarters, 112.96 Cr → 115.86 Cr (in ₹), with an average increase of 2.5% per quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 2 quarters, 1.21K Cr → 1.24K Cr (in ₹), with an average increase of 2.4% per quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 17.82% to 18.21% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, Solar Industries India Ltd has given 43.8% return, outperforming this stock by 15.1%
- NO EFFECT
Against Peers
In the last 3 years, Solar Industries India Ltd has given 256.4% return, outperforming this stock by 199.1%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 12.76% to 12.71% in Sep 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 41.16% to 41.04% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, CARBORUNIV stock has moved down by -3.6%
- NEGATIVE IMPACT
MF Holding Down
Mutual Funds have decreased holdings from 26.57% to 26.27% in Sep 2024 quarter
Carborundum Universal Ltd Financials
Index Inclusions
Carborundum Universal Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 41.04% | ||
| Foreign Institutions | 12.71% | ||
| Mutual Funds | 26.27% | ||
| Retail Investors | 18.21% | 2.18 | |
| Others | 1.78% | 5.10 |
Carborundum Universal Ltd Key Indicators
Carborundum Universal Ltd Valuation
Carborundum Universal Ltd in the last 5 years
Lowest (14.17x)
May 19, 2020
Today (56.36x)
November 19, 2024
Industry (61.53x)
November 19, 2024
Highest (74.17x)
June 19, 2024
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 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 0.43%.
Read More about Dividends
Carborundum Universal Ltd Technicals Summary
Bearish
Neutral
Bullish
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 ₹1409.3
Carborundum Universal Ltd is listed on NSE
Carborundum Universal Ltd is listed on BSE
- Today’s highest price of Carborundum Universal Ltd is ₹1481.35.
- Today’s lowest price of Carborundum Universal Ltd is ₹1400.
PE Ratio of Carborundum Universal Ltd is 56.36
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 2.46L.
Today’s market capitalisation of Carborundum Universal Ltd(CARBORUNIV) is ₹26808.35Cr.
| Carborundum Universal Ltd(CARBORUNIV | Price |
|---|---|
52 Week High | ₹1841.15 |
52 Week Low | ₹1025.6 |
Carborundum Universal Ltd(CARBORUNIV) share price is ₹1409.3. It is down -23.46% from its 52 Week High price of ₹1841.15
Carborundum Universal Ltd(CARBORUNIV) share price is ₹1409.3. It is up 37.41% from its 52 Week Low price of ₹1025.6
| Carborundum Universal Ltd(CARBORUNIV | Returns |
|---|---|
1 Day Returns | 0.9% |
1 Month Returns | -3.21% |
3 Month Returns | -10.42% |
1 Year Returns | 28.66% |