C

Carborundum Universal Ltd
NSE:CARBORUNIV

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Carborundum Universal Ltd
NSE:CARBORUNIV
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Price: 939.85 INR -0.03% Market Closed
Market Cap: ₹179B

Carborundum Universal Ltd
Investor Relations

Carborundum Universal Ltd., often abbreviated as CUMI, stands as a multifaceted entity within the industrial landscape of India, exhibiting a compelling narrative of innovation and versatility since its inception over six decades ago. As a member of the Murugappa Group, CUMI boasts a steadfast focus on engineering solutions, specializing in abrasives, ceramics, and electrominerals. The company's story is deeply rooted in its ability to develop cutting-edge technologies that cater to a wide range of industries, including aerospace, automotive, and steel, among others. By investing heavily in research and development, CUMI continually advances its product offerings, ensuring it meets the ever-evolving needs of its global clientele.

Central to CUMI's business model is its production pipeline, which efficiently transforms raw materials into highly specialized industrial products. In the abrasives segment, for instance, the company crafts grinding wheels and coated abrasives, which are integral to manufacturing precision tools. Meanwhile, its ceramics division focuses on designing high-performance materials capable of withstanding extreme environments, serving sectors like electronics and refractories. The electrominerals segment, on the other hand, supplies crucial raw materials such as silicon carbide and alumina, essential for thermal applications and high-tech engineering processes. By maintaining a vertically integrated production process, CUMI not only ensures quality control but also manages to extract value across various stages of production, thereby solidifying its position as a leader in industrial solutions.

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CARBORUNIV
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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Jan 30, 2026
AI Summary
Q3 2026

Revenue Growth: Stand-alone sales rose 7.9% QoQ and 5.6% YoY to INR 769 crores in Q3 FY '26, while consolidated sales grew 2.5% YoY but declined 1.1% QoQ.

Profitability: Stand-alone profit after tax climbed 31% QoQ and 4.9% YoY to INR 85 crores; stand-alone PBIT margin improved to 15% from 12.2% last quarter.

Segment Performance: Abrasives and Electro Minerals segments saw strong growth, but Ceramics and certain overseas subsidiaries (Foskor, AWUKO, RHODIUS) faced headwinds.

Guidance Update: Full-year consolidated sales growth guidance held at 5.5%–6.5%; Ceramics revenue growth guidance revised down; abrasive margin guidance also trimmed.

Challenges: Continued losses at Foskor, AWUKO, and RHODIUS; management may take strategic calls if performance does not improve.

Exports: Exports contribute significantly, with Ceramics export mix at 50%–55% and industrial ceramics even higher.

CapEx: On track to meet INR 350 crores full-year investment target, with INR 248 crores spent in the first 9 months.

Key Financials
Stand-alone Sales
INR 769 crores
Consolidated Sales
INR 1,273 crores
Stand-alone Profit After Tax
INR 85 crores
Stand-alone PBIT
INR 115 crores
Stand-alone PBIT Margin
15%
Consolidated Profit After Tax
INR 76 crores
Abrasives Stand-alone Sales
INR 323 crores
Electro Minerals Stand-alone Sales
INR 229 crores
Ceramics Stand-alone Sales
INR 225 crores
Consolidated Ceramic Sales Growth Guidance
13%–14%
Abrasives PBIT Margin Guidance
4%–4.5%
Ceramics PBIT Margin Guidance
21%–22%
Consolidated PBIT Margin Guidance
7%–8%
CapEx
INR 248 crores (9 months)
Total Consolidated Debt
INR 290 crores
Other Earnings Calls

Management

Mr. Sridharan Rangarajan
President of Corporate, MD & Director
No Bio Available
Ms. Rekha Surendhiran
Head of Legal & Secretarial, Compliance Officer and Company Secretary
No Bio Available
Mr. P. Padmanabhan
Chief Risk Officer & Head-Global Taxation
No Bio Available
Mr. Shyam C. Raman B.E., PGDM (IIM)
President & Chief Human Resources Officer
No Bio Available
Mr. Sushil Kishore Bendale
CFO & Executive VP of Finance
No Bio Available
Ms. Jully H. Jivani
Investor Relationship Officer
No Bio Available
Ms. D. Vijayalakshmi
Vice President of Corporate Communications
No Bio Available
Mr. M. V. Sivakumaran
Business Head of Electrominerals
No Bio Available
Mr. C. Srikanth
Business Head of Abrasives
No Bio Available
Mr. Prathap Kumar
Business Head of Industrial Ceramics
No Bio Available

Contacts

Address
TAMIL NADU
Chennai
Parry House, 43, Moore Street,
Contacts
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