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Carborundum Universal Ltd

(CARBORUNIV)

₹1315.30.57%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Carborundum Universal Ltd Analyst Rating

based on 10 analysts

HOLD

50.00%

Buy

20.00%

Hold

30.00%

Sell

Based on 10 analysts offering long term price targets for Carborundum Universal Ltd. An average target of ₹1524.8

Source: S&P Global Market Intelligence

Carborundum Universal Ltd Share analysis

Carborundum Universal Ltd price forecast by 10 analysts

Upside of15.26%

High

₹1750

Target

₹1524.80

Low

₹1198

Carborundum Universal Ltd target price ₹1524.8, a slight upside of 15.26% compared to current price of ₹1315.3. According to 10 analysts rating.

Source: S&P Global Market Intelligence

Carborundum Universal Ltd Performance

  • Day's Low

    Day's High

    ₹1,296.2
    Day's Price Range
    ₹1,372
  • 52 Week's Low

    52 Week's High

    ₹1,025.6
    52-Week Price Range
    ₹1,841.15
1 Month Return-6.13 %
3 Month Return-11.96 %
1 Year Return+ 19.9 %
Previous Close₹1,322.90
Open₹1,312.00
Volume2.73L
Upper Circuit-
Lower Circuit-
Market Cap₹25,094.59Cr

Carborundum Universal Ltd Key Statistics

P/E Ratio52.94
PEG Ratio75.62
Market Cap₹25,094.59 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₹25,094.59 Cr62.09%0.50₹476 Cr₹4,702 Cr
BUY₹18,569.90 Cr46.12%0.50₹651 Cr₹5,014 Cr
BUY₹41,109.59 Cr170.6%0.53₹580 Cr₹8,104 Cr
NA₹8,188.57 Cr289.18%0.65-₹51 Cr₹1,369 Cr
HOLD₹15,294.76 Cr26.02%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: ₹1315.30 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹25,094.59Cr 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 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.

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

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

  • 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

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Solar Industries India Ltd has given 52.7% return, outperforming this stock by 39.7%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Solar Industries India Ltd has given 334.5% return, outperforming this stock by 286.0%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 6 months, CARBORUNIV stock has moved down by -26.8%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

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

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

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

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

Nifty Midcap 150

₹21,050.60

-2.41 (-520.7%)

S&P BSE SmallCap Select

₹8,057.22

-2.18 (-179.75%)

S&P BSE Indus.

₹15,035.15

-2.67 (-412.57%)

BSE 500

₹35,082.25

-1.9 (-680.42%)

Nifty 500

₹22,319.40

-1.9 (-432.75%)

S&P BSE 400 MidSmallCap

₹12,101.72

-2.24 (-276.79%)

Nifty LargeMidcap 250

₹15,666.00

-2.09 (-334.75%)

S&P BSE Capital Goods

₹68,557.40

-3.02 (-2138.05%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

S&P BSE 250 SmallCap

₹7,054.81

-2.03 (-146.24%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

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
Earning Per Share (₹)14.5215.4618.4423.2525.03
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

Carborundum Universal Ltd Valuation

Carborundum Universal Ltd in the last 5 years

  • Overview

  • Trends

Lowest (14.17x)

May 19, 2020

Today (52.94x)

December 19, 2024

Industry (67.95x)

December 19, 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 0.46%.

    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.

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Carborundum Universal Ltd (CARBORUNIV) share price today is ₹1315.3

Carborundum Universal Ltd is listed on NSE

Carborundum Universal Ltd is listed on BSE

  • Today’s highest price of Carborundum Universal Ltd is ₹1372.
  • Today’s lowest price of Carborundum Universal Ltd is ₹1296.2.

PE Ratio of Carborundum Universal Ltd is 52.94

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 2.73L.

Today’s market capitalisation of Carborundum Universal Ltd(CARBORUNIV) is ₹25094.59Cr.

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

Carborundum Universal Ltd(CARBORUNIV) share price is ₹1315.3. It is down -28.56% from its 52 Week High price of ₹1841.15

Carborundum Universal Ltd(CARBORUNIV) share price is ₹1315.3. It is up 28.25% from its 52 Week Low price of ₹1025.6

Carborundum Universal Ltd(CARBORUNIVReturns
1 Day Returns
-7.6%
1 Month Returns
-6.13%
3 Month Returns
-11.96%
1 Year Returns
19.9%