Partner With Us NRI

Carborundum Universal Ltd share Price

Company details

6M Return 25.42%
1Y Return 42.91%
Mkt Cap.(Cr) 22,294.68
Volume 32,683
Div Yield 0.29%
OI Chg %
Volume 32,683

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Other industrial products company Carborundum Universal announced Q1FY24 results:

  • Consolidated sales for Q1FY24, increased by 6% to Rs 1,191 crore from Rs 1,129 crore in Q1FY23. This was contributed by strong performance across business segments.
  • At the standalone level, sales grew by 10 per cent to Rs 659 crore from Rs 600 crore.
  • On a consolidated basis, profitability for Q1FY24 recorded strong growth across all three segments. Profit after tax and non-controlling interest for Q1FY24 grew by 44% to Rs 113 crore against Rs 79 crore in Q1FY23.
  • Compared to Q4FY23, profit was lower by 17% as we had an exceptional income of Rs 25 crore reported in Q4FY23. Without considering the exceptional income in Q4FY23, the growth in Q1FY24 profit sequentially would be 1%.
  • At the standalone level, it increased by 28% QoQ to Rs 93 crore from Rs 73 crore during Q4FY23.
  • The capital expenditure incurred during Q1FY24 was Rs 55 crore at the consolidated level.
  • The debt-equity ratio at the consolidated level was 0.06.
  • Cash and cash equivalents net of borrowings was at Rs 190 crore.



Result PDF

View Other Company Results


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Carborundum Universal Ltd Stocks COMPARISION


Equity Capital: 2,820.56 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,065.79 -8,050.74
LAST 3M 44,357.20 2,185.25
LAST 6M 53,246.77 150,167.93
LAST 12M 139,937.47 157,645.13

Carborundum Universal Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Carborundum Universal Ltd., or CUMI, manufactures coated abrasives, bonded abrasives, super refractories, industrial ceramics, ceramic fibres, and electro minerals. The company, founded in 1954, has its headquarters in Chennai, Tamil Nadu. During the June 2022 quarter, the company recorded a total revenue of Rs 1,164.70 crore, up 32.10% from the previous quarter that ended in March 2022. On 19 October 2022, Carborundum Universal Ltd.’s market capitalisation stood at Rs 16,331 crore.

    The company is listed on the Bombay Stock Exchange with the code 513375, and on the National Stock Exchange with the code CARBORUNIV.

    Carborundum Universal Ltd. operates in three business segments—abrasives, ceramics, and electro minerals. It has subsidiaries in India, South Africa, Russia, China, Australia, Canada, and Thailand. CUMI is a tripartite collaboration between the Universal Grinding Wheel Co. Ltd., UK, Murugappa Group, and The Carborundum Co., USA. It is one of the five manufacturers across the globe to have fully integrated operations, including mining, manufacturing, fusioning, wind and hydropower stations, marketing, and distribution.

    On 30 June 2022, the company’s shareholding pattern indicated a promoter stake of 41.92%, an FII stake of 9.77%, a DII stake of 26.82%, and a public stake of 21.49%. Ambadi Investments Ltd. is the leading promoter, with a 29.52% share. Promoter holdings decreased from 41.94% to 41.92%, and mutual fund holdings increased from 23.56% to 24.30% in the June 2022 quarter.

    The company’s board of directors comprises Mr M M Murugappan, Mr Aroon Raman, Mr Sanjay Jayavarthanavelu, Mrs Soundara Kumar, Mr Sujjain S Talwar, Mr N Ananthaseshan, Mr P S Raghavan, and Mr Sridharan Rangarajan. The auditors are Price Waterhouse Chartered Accountants LLP. On 30 June 2022, the company had a total of 18.99 crore shares outstanding.

    On 19 October 2022, Carborundum Universal Ltd.’s share’s closing price on BSE was Rs 861.30 and Rs 860.10 on NSE. The share price touched a 52-week high of Rs 1,035 and a 52-week low of Rs 652. Its six-month return to investors was 12.49%, while its one-year return was -4.22%.

    As of September 2022, Taurus Infrastructure Fund had a 1.75% stake in the company, while Sundaram Emerging Small Cap Series and Sundaram LT Tax Advantage Fund had 1.09% and 0.98% stakes, respectively.

    Disclaimer: ICICI Securities Ltd. (I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is a Member of National Stock Exchange of India Ltd (Member Code :07730), BSE Ltd (Member Code :103) and Member of Multi Commodity Exchange of India Ltd. (Member Code: 56250) and having SEBI registration no. INZ000183631. Name of the Compliance officer (broking): Mr. Anoop Goyal, Contact number: 022-40701000, E-mail address: complianceofficer@icicisecurities.com. Investment in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. The contents herein above are solely for informational purpose and may not be used or considered as an offer document or solicitation of offer to buy or sell or subscribe for securities or other financial instruments or any other product. Investors should consult their financial advisers whether the product is suitable for them before taking any decision. The contents herein mentioned are solely for informational and educational purpose.

Registered Address

Parry House, 43 Moore Street, Chennai, Tamil Nadu, 600001

Tel : 91-44-30006161
Email : investorservices:cumi.murugappa.com
Website : http://www.cumi.murugappa.com

Karvy Computershare Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 513375
Book Closure Date (Month) :
BSE Group : A
ISIN : INE120A01034

FAQ’s on Carborundum Universal Ltd Shares

You can buy Carborundum Universal Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Carborundum Universal Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 26, 2023 11:39 AM the closing price of Carborundum Universal Ltd was ₹ 1,173.75.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 26, 2023 11:39 AM, the market cap of Carborundum Universal Ltd stood at ₹ 22,294.68.

The latest PE ratio of Carborundum Universal Ltd as of Sep 26, 2023 11:39 AM is 52.43

The latest PB ratio of Carborundum Universal Ltd as of Sep 26, 2023 11:39 AM is 0.12

The 52-week high of Carborundum Universal Ltd is ₹ 1,304.90 while the 52-week low is ₹ 788.15

Download Our App

market app
market app