Carborundum Universal share price
NSE: CARBORUNIVBSE: 513375Industrial ProductsSmall Cap
Last close ₹1,028.80down ₹25.90 (2.46%)BSE ₹1,029.60
Share price at the NSE close on 23 Oct 2026. Previous close ₹1,054.70.
52-week range of traded prices to 23 Oct 2026
₹735.20Low, 23 Mar 2026₹1,368.90High, 24 Sep 2026
- Next results date: the board meets on 2 Nov 2026 to consider: financial results.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹19,599 Cr382nd largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 7 Aug 2026
- 93.7
- P/E without one-offsPrice to earnings without one-off items. Market cap divided by core profit: the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, less one-off items (exceptional items and the result of businesses sold or closed). Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹135 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 57.0
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 14 May 2026
- 5.0
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- 0.39%
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 7 Aug 2026
- 5.6%
- ROE without one-offsReturn on equity without one-off items. Core profit, the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders less one-off items (exceptional items and the result of businesses sold or closed), as a percentage of the same net worth as the return on equity. Shown where the one-off items move that profit by more than a tenth. The last twelve months' profit includes −₹135 crore of one-off items, the largest of them in the quarter to Mar 2026.
- 9.3%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 7 Aug 2026
- 7.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 14 May 2026
- 0.08
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 3,58,02544.3% delivered
Results
Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results
Quarter to Jun 2026, against the quarter beforeFiled 7 Aug
- RevenueRevenue. The pill is the change in revenue against the quarter before: this period's figure divided by that one's, less one, in per cent.
- ₹1,427 Crup 2.02%
- Net profitNet profit. Under it, net profit in the quarter before. A change in per cent is not worked out where either period is a loss or nothing.
- ₹80 CrQuarter to Mar 2026: −₹40 Cr
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax.
- 5.6%
Revenue by year
Peak revenue ₹5,206 Cr, year to Mar 2026
Net profit by year, a loss in red
| ₹ crore | Sep 2024Filed 30 Oct | Dec 2024Filed 14 Feb | Mar 2025Filed 10 Jun | Jun 2025Filed 7 Aug | Sep 2025Filed 30 Oct | Dec 2025Filed 29 Jan | Mar 2026Filed 14 May | Jun 2026Filed 7 Aug |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,224 | 1,255 | 1,217 | 1,219 | 1,298 | 1,291 | 1,398 | 1,427 |
| Net profit | 116 | 38 | 30 | 60 | 74 | 73 | −40 | 80 |
| Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. | 9.5% | 3.0% | 2.5% | 5.0% | 5.7% | 5.7% | −2.9% | 5.6% |
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.
Business segments
Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit
- AbrasivesAbrasives, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹2,271 Crup 5.15%42.5%
- ElectromineralsElectrominerals, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,632 Crup 3.70%30.5%
- CeramicsCeramics, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹1,268 Crup 9.31%23.7%
- OthersOthers, share of revenue. The segment's revenue as a percentage of the revenue of all the company's reported business segments together, leaving out eliminations between them and unallocated items.₹175 Crup 3.02%3.3%
The pill is the change in revenue on the year before; the share is of all the businesses together.
Valuation
Today, against the company's own history.PE ratio and valuation history
Price to earningsPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
At or below today's level on 86% of 2,480 trading days over the last 10 years.
LowestHighest
Its median40.0Industry median18.6
Price to bookPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
At or below today's level on 40% of 1,979 trading days since Oct 2018.
LowestHighest
Its median5.4Industry median1.9
EV to EBITDAEnterprise value to EBITDA. Market cap plus borrowings less cash and bank balances, divided by operating profit before depreciation (revenue less operating expenses, without other income and one-off items) over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly): what the whole business costs against the profit its operations make. Lease liabilities are not counted: the results filings do not state them.32.4
At or below today's level on 79% of 1,979 trading days since Oct 2018.
LowestHighest
Its median26.6Industry median12.9
Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price. When a year's dividend goes ex later than the year before's, the yield reads zero for the days between; a run of under 60 such trading days is left out of the yield's medians and percentiles. The ex-date is the day from which a buyer of the share no longer gets the dividend.
At or below today's level on 41% of 2,480 trading days over the last 10 years.
LowestHighest
Its median0.42%Industry median0.53%
Where the return came from
Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.
| Over | Return a year | Earnings growth | Change in P/E | Dividend yield |
|---|---|---|---|---|
| 1 year | −23.0% | −33.9% | +15.7% | 0.5% |
| 3 years | −7.3% | −22.1% | +18.5% | 0.4% |
| 5 years | +9.2% | −7.3% | +17.3% | 0.4% |
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.
Mutual funds holding it
116 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 43 of the 55 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings
- AddedAdded. Funds that held more shares than at the end of the month before.
- 16
- CutCut. Funds that held fewer shares than at the end of the month before.
- 39
- Held unchangedHeld unchanged. Funds that held the same number of shares as at the end of the month before.
- 61
- Sold outSold out. Funds that held it at the end of the month before and hold none at this month's end.
- 3
| Fund | |||
|---|---|---|---|
 SBI Small Cap FundSBI Mutual Fund | 49,39,842 | 1.51% | ₹618.7 Cr |
 Nippon India Small Cap FundNippon India Mutual Fund | 40,73,740 | 0.63% | ₹510.2 Cr |
| SBI Multicap FundSBI Mutual Fund | 35,08,647 | 1.87% | ₹439.5 Cr |
| Nippon India Growth Mid Cap FundNippon India Mutual Fund | 31,00,000 | 0.77% | ₹388.3 Cr |
| SBI Midcap FundSBI Mutual Fund | 29,52,566 | 1.59% | ₹369.8 Cr |
 Tata Small Cap FundTata Mutual Fund | 23,89,281 | 2.26% | ₹299.3 Cr |
 Kotak-Small Cap FundKotak Mahindra Mutual Fund | 23,74,775 | 1.55% | ₹297.4 Cr |
| SBI Contra FundSBI Mutual Fund | 18,13,724 | 0.50% | ₹227.2 Cr |
 Axis Small Cap FundAxis Mutual Fund | 18,08,217 | 0.74% | ₹226.5 Cr |
| SBI Flexicap FundSBI Mutual Fund | 17,72,819 | 1.00% | ₹222.0 Cr |
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.
Peers and competitors
Industrial Products, 509 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Carborundum Universal in market cap.
Where the company sits among the companies nearest its size
| Company | |||||||||
|---|---|---|---|---|---|---|---|---|---|
 R R KabelRRKABEL | 24,205 | 39.8 | 9.4 | 26.3 | +37.7% | +80.3% | 25.7% | 29.3% | 0.44% |
 HBL EngineeringHBLENGINE | 21,340 | 27.3 | 9.6 | 19.5 | +63.0% | +129.6% | 42.2% | 45.0% | 0.39% |
 Timken IndiaTIMKEN | 20,535 | 50.2 | 6.9 | 31.7 | +11.6% | −10.1% | 14.1% | 17.7% | 0.09% |
 Grindwell NortonGRINDWELL | 20,449 | 46.9 | 8.1 | 33.3 | +12.9% | +17.6% | 18.2% | 19.0% | 1.03% |
 INOX IndiaINOXINDIA | 16,946 | 66.5 | 15.2 | 49.6 | +19.9% | +8.8% | 25.6% | 25.9% | 0.11% |
 Finolex CablesFINCABLES | 16,675 | 20.8 | 2.7 | 22.7 | +26.5% | +29.2% | 13.8% | 10.8% | 0.83% |
 Happy ForgingsHAPPYFORGE | 16,633 | 50.8 | 7.8 | 33.1 | +15.5% | +21.6% | 16.5% | 16.9% | 0.23% |
 Garware Hi-Tech FilmsGRWRHITECH | 16,342 | 38.4 | 5.6 | 29.5 | +14.7% | +36.2% | 15.7% | 17.1% | 0.17% |
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.
Dividends
Per share, by the year it was paid for, and the latest payments.Dividend history and dates
Dividend per share, ₹, restated for later splits and bonuses
Dividend per share. The dividends declared for the year, each restated to today's share count by the splits and bonuses after its own ex-date, added up.Highest ₹4.00 a share, years to Mar 2024, Mar 2025 and Mar 2026.
| Ex-date | Type | Per share |
|---|---|---|
| 31 Jul 2026 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.50 |
| 4 Feb 2026 | Interim | ₹1.50 |
| 31 Jul 2025 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.50 |
| 18 Feb 2025 | Interim | ₹1.50 |
| 22 Jul 2024 | FinalFinal dividend. Called final by its date: the company did not say which kind it was, and it went ex within six months after the company's year end, the time in which the annual general meeting that declares the final dividend must be held. | ₹2.50 |
| 12 Feb 2024 | Interim | ₹1.50 |
Latest payments, as declared, by ex-date.
Latest announcements
Routine notices left out.Share news and announcements
Oct 2026
16 Oct · General Updates
6 Oct · Disclosure
Sep 2026
30 Sep · General Updates
Carborundum Universal share price by year
Each calendar year to 2025.Carborundum Universal share price history
| Year | Close at year end | Change | Highest close | Lowest close |
|---|---|---|---|---|
| 2025 | 855.90 | −33.1% | 1,303.80 | 817.80 |
| 2024 | 1,279.65 | +14.9% | 1,800.80 | 1,037.00 |
| 2023 | 1,113.40 | +27.2% | 1,286.65 | 880.25 |
| 2022 | 875.20 | −10.8% | 1,006.10 | 662.65 |
| 2021 | 981.65 | +142.1% | 981.65 | 402.35 |
| 2020 | 405.50 | +26.6% | 414.55 | 188.05 |
| 2019 | 320.40 | −9.8% | 412.80 | 269.85 |
| 2018 | 355.05 | −5.6% | 420.50 | 316.90 |
| 2017 | 376.15 | +51.9% | 389.05 | 248.45 |
| 2016 | 247.65 | +34.6% | 299.75 | 164.70 |
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.
Recent sessions
The last 10 trading days to 23 Oct 2026, as traded on NSE.
| Date | Open | High | Low | Close | Average price | Volume | Delivery |
|---|---|---|---|---|---|---|---|
| 23 Oct 2026 | 1,055.00 | 1,055.10 | 987.30 | 1,028.80 | 1,011.86 | 3,58,025 | 44.3% |
| 22 Oct 2026 | 1,053.50 | 1,078.70 | 1,041.20 | 1,054.70 | 1,058.90 | 1,63,091 | 41.6% |
| 21 Oct 2026 | 1,082.00 | 1,087.00 | 1,041.50 | 1,059.90 | 1,057.92 | 1,45,345 | 44.6% |
| 19 Oct 2026 | 1,114.20 | 1,114.20 | 1,080.50 | 1,089.00 | 1,091.80 | 2,07,116 | 53.7% |
| 16 Oct 2026 | 1,106.00 | 1,120.00 | 1,090.00 | 1,110.10 | 1,108.42 | 1,64,275 | 44.8% |
| 15 Oct 2026 | 1,161.00 | 1,165.20 | 1,093.90 | 1,104.40 | 1,125.13 | 1,88,344 | 45.9% |
| 14 Oct 2026 | 1,184.70 | 1,193.60 | 1,160.00 | 1,171.00 | 1,173.46 | 1,07,619 | 47.0% |
| 13 Oct 2026 | 1,188.40 | 1,193.90 | 1,155.10 | 1,184.70 | 1,170.54 | 1,71,822 | 50.7% |
| 12 Oct 2026 | 1,215.00 | 1,228.70 | 1,187.10 | 1,196.20 | 1,201.54 | 83,860 | 40.7% |
| 9 Oct 2026 | 1,205.00 | 1,225.70 | 1,182.40 | 1,202.60 | 1,202.58 | 1,71,054 | 42.2% |
Prices in ₹ per share as traded, not adjusted.
Price adjustments
What the price chart is corrected for, so it reads as one share held throughout.Stock split history
| Ex-date | Event | Price factor | What happened |
|---|---|---|---|
| 5 Oct 2011 | Split | 0.5000 | Each share became 2. |
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.
About Carborundum Universal
Carborundum Universal Limited makes abrasives, ceramics and electrominerals for industrial customers. Its solutions serve sectors that include infrastructure, steel, and aerospace and defence.
The company is built around three core businesses: Abrasives, Ceramics and Electrominerals. Other businesses include SEDCO, Net Access and PLUSS. The company began in coated abrasives. It has since moved into materials such as fused alumina and silicon carbide, and into industrial ceramics, anti-corrosive solutions and advanced composites. A white fused alumina plant operates at Edappally in Kerala.
It has manufacturing and commercial hubs in India, the USA, Germany, Russia and Australia, among others, and customers in over 60 countries. In India it has 25+ manufacturing facilities across eight states, counting subsidiaries, joint ventures and an associate. Its German subsidiary, RHODIUS Abrasives GmbH, makes cutting and grinding products. Volzhsky Abrasive Works in Russia makes silicon carbide, abrasive tools, grinding materials and refractory products. CUMI America Inc. serves mining, power and cement customers across North and South America. Silicon Carbide Products LLC makes nitride bonded silicon carbide products. Wendt (India) Limited makes diamond and CBN super abrasives. The company holds 60 per cent of Sterling Abrasives Limited, which has manufacturing facilities in Gujarat.
It was established in 1954 as a joint venture and is part of the Murugappa Group. The group has a 125-year legacy. Its registered office is at Dare House in Chennai.
- Legal name
- Carborundum Universal Limited
- NSE symbol
- CARBORUNIV
- BSE code
- 513375
- ISIN
- INE120A01034
- Industry
- Industrial Products
- Listed
- Nov 1992 on BSE, Apr 1996 on NSE
- Face value
- ₹1
- CIN
- L29224TN1954PLC000318
- Corporate identity number, the registrar of companies' code for it
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