Pulse
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
NIFTY 5024,980.40+0.35%
SENSEX81,720.10+0.28%
NIFTY SHARIAH 254,850.15+0.42%
GOLD 24K (10g)₹75,420+0.38%
SILVER (1kg)₹88,400-0.12%
ACTIVE IPOS8 Open+38% GMP
TCS₹4,124.50+1.18%
INFY₹1,892.40+1.22%
USD/INR₹83.92-0.04%
Carborundum Universal Limited

Carborundum Universal Limited

NSE: CARBORUNIV
ConglomeratesIndustrialsMID CAPMCap ₹21.15k Cr
₹1,110.10₹5.70 (+0.52%)

Market Closed • NSE

Market cap₹21.15k Cr
Enterprise value₹20.86k Cr
P/E TTM106.43
Forward P/E36.83
P/B5.42
EPS TTM₹10.43
Forward EPS₹30.14
ROCE10.50%
D/E0.10
Dividend yield0.00%
Face value₹1.00
52W high₹1,368.90
52W low₹735.20
Price chart(1Y)
1Y Return:+5.41% (+₹57.00)
H: ₹1,368.9L: ₹996
1W-7.20%
1M+2.45%
3M+2.39%
6M+16.97%
1Y+21.12%
Today at a glance

Day range

₹1,090.00₹1,120.00

52 week range

₹735.20₹1,368.90
Volume164.3K0.25x 20D avg
Free float50.00%-74.60% volume

Carborundum Universal Limited closed at INR1110.10 (+0.52%) on volume 0.25x its 20-day average, trading 18.91% below its 52-week high.

Technical analysis
RSI (14)39.5Neutral (30–70)
MACDBEARISHBearish (Below signal)
ATR (14)₹48.89High
SMA 20₹1,213.35BEARISH
SMA 50₹1,150.72BEARISH
SMA 100₹1,121.13BEARISH
SMA 200₹996.57BULLISH
CPR bottom₹1,129.55
Pivot₹1,121.17
CPR top₹1,112.78
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +300% QoQ

2026-07-31

DIVIDEND Announced

Dividend - Rs 2.50 Per Share

2026-02-04

DIVIDEND Announced

Interim Dividend - Rs 1.50 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹217.66k Cr₹21.15k Cr1029.20%≤ 33%FAIL
Non-halal income ratio–₹5.21k Cr0.00%≤ 5%PASS
Illiquid assets ratio–₹21.15k Cr—≥ 20%PASS
Receivables ratio–₹21.15k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E106.4328.10
Forward P/E36.83—
P/B5.423.00
EV/EBITDA—18.00
PEG—1.10
Earnings yield0.903.60
Growth & profitability
RevenuePAT
FY25PAT margin 6.00%
FY26PAT margin 3.70%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+2.50%
Revenue CAGR 5Y+1.20%
PAT CAGR 3Y-12.70%
PAT CAGR 5Y-8.20%
Operating margin6.75%
Net margin3.85%
Financial health & cash flow
Net debt₹217.66k CrModerate
Interest coverage—xEBIT / interest
CFO / PAT2.02x3Y average
Net debt / EBITDA—Leverage
Operating cash flow–
Capital expenditure–
Free cash flow–
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall60/100
Valuation35/100
Profitability65/100
Financial health80/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.10x

High Cash Flow Conversion: CFO/PAT averaged 2.02x over last 3 years

Risks

Stretched Valuation: Trading at a high P/E multiple of 106.4x

Bull case

Market Leadership: Established operational scale in Conglomerates.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

60%40%20%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
40.97%Institutional holding
19.21%Public holding
5Periods available
0.00%Promoter pledged
71.71KShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
31 Jul 2026Dividend₹2.50 / share—31 Jul 2026
04 Feb 2026Dividend₹1.50 / share—04 Feb 2026
31 Jul 2025Dividend₹2.50 / share—31 Jul 2025
19 Feb 2025Dividend₹1.50 / share—18 Feb 2025
—Dividend₹2.50 / share—22 Jul 2024
12 Feb 2024Dividend₹1.50 / share—12 Feb 2024
—Dividend₹2.00 / share—25 Jul 2023
10 Feb 2023Dividend₹1.50 / share—10 Feb 2023
—Dividend₹2.00 / share—21 Jul 2022
22 Feb 2022Dividend₹1.50 / share—21 Feb 2022
—Dividend₹1.50 / share—22 Jul 2021
12 Feb 2021Dividend₹1.50 / share—11 Feb 2021
05 Mar 2020Dividend₹2.75 / share—04 Mar 2020
—Dividend₹1.25 / share—22 Jul 2019
13 Feb 2019Dividend₹1.50 / share—12 Feb 2019
—Dividend₹1.25 / share—25 Jul 2018
26 Feb 2018Dividend₹1.00 / share—23 Feb 2018
—Dividend₹0.75 / share—20 Jul 2017
15 Feb 2017Dividend₹1.00 / share—14 Feb 2017
19 Mar 2016Dividend₹0.50 / share—17 Mar 2016
17 Feb 2016Dividend₹1.00 / share—16 Feb 2016
—Dividend₹0.50 / share—21 Jul 2015
10 Feb 2015Dividend₹0.75 / share—09 Feb 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)41.90%+2.86% latest vs average
Highest delivery61.01%on 29 Sept
Average volume (20D)647.9KTrading-session average
Conviction trendStrengthening+2.86% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Larsen & Toubro Limited
Larsen & Toubro LimitedLT
Open analysis
₹4.99L30.091.05%₹67,942.00₹4,988.00+6.69%+15.52%
Adani Ports and Special Economic Zone Limited
Adani Ports and Special Economic Zone LimitedADANIPORTS
Open analysis
₹4.03L29.880.43%₹10,821.00₹3,650.00+18.57%+10.24%
Hindustan Aeronautics Limited
Hindustan Aeronautics LimitedHAL
Open analysis
₹3.34L35.790.92%₹5,515.00₹1,590.00+14.44%+14.88%
Bharat Electronics Limited
Bharat Electronics LimitedBEL
Open analysis
₹2.75L44.860.66%₹5,547.00₹1,055.00+24.93%+8.88%
InterGlobe Aviation Limited
InterGlobe Aviation LimitedINDIGO
Open analysis
₹1.81L—0.00%₹24,584.10-₹237.60+19.95%-110.92%
Bharat Heavy Electricals Limited
Bharat Heavy Electricals LimitedBHEL
Open analysis
₹1.51L52.550.32%₹7,697.72₹381.91+40.29%+183.84%
ABB India Limited
ABB India LimitedABB
Open analysis
₹1.44L92.640.43%₹3,559.00₹362.00+21.05%+2.84%
CG Power and Industrial Solutions Limited
CG Power and Industrial Solutions LimitedCGPOWER
Open analysis
₹1.33L106.680.16%₹3,281.00₹308.00+14.00%+15.36%
About Carborundum Universal Limited
Carborundum Universal Limited

Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals. [1]

IndiaIndustrials

Questions investors ask
Is Carborundum Universal Limited Shariah compliant?

Carborundum Universal Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (1029.2%) exceeds AAOIFI threshold (≤ 33%).

What is Carborundum Universal Limited's current valuation relative to peers?

Carborundum Universal Limited trades at a P/E of 106.4x compared to the sector median of 28.1x, and a Price-to-Book of 5.4x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.10x. Interest coverage is comfortable.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at 1.2% while net profit growth averaged -8.2%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.