This analysis examines Carborundum Universal Ltd. (CARBORUNIV) through the lens of its financial statements, valuation metrics, and institutional ownership patterns.
Carborundum Universal Revenue Trend
For FY2025, Carborundum Universal Ltd. recorded revenue of ₹4,935 Cr. That's 3.3% higher than the ₹4,779 Cr it brought in during FY2024.
Revenue compounded at 9.2% annually over 10 years for Carborundum Universal Ltd.. It's a reasonable growth rate that's roughly kept pace with the broader market.
Carborundum Universal Ltd. is a mid-sized abrasives company by revenue, with a top line of ₹4,935 Cr.
It's been 5 years of continuous revenue growth for Carborundum Universal Ltd. — a pattern worth noting.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹4,935 Cr | +3.3% |
| FY2024 | ₹4,779 Cr | +1.0% |
| FY2023 | ₹4,731 Cr | +40.6% |
| FY2022 | ₹3,365 Cr | +26.3% |
| FY2021 | ₹2,663 Cr | — |
View Carborundum Universal Ltd.'s full 10-year revenue trend with CAGR analysis →
Carborundum Universal Profitability
Profitability was under pressure with net income dropping 37.3% to ₹299 Cr in FY2025.
On the margin front, the picture weakened — net margin fell to 6.1% from 10.0%.
Looking at per-share numbers, diluted EPS was ₹15.55 in FY2025 — down from ₹24.22.
Is Carborundum Universal Undervalued
The P/E Ratio valuation pegs Carborundum Universal Ltd.'s fair value at ₹848, which is 16.2% downside from the current price.
Carborundum Universal Ltd. shares are currently trading at ₹1,011.70.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹848 | 16.2% downside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Carborundum Universal Ltd. with detailed assumptions →
Carborundum Universal Shareholding Pattern
At 38.9%, the promoter holding is lower than the 39.8% seen 4 quarters ago.
Foreign investors held 10.7% of the company as of March 2026, down year-over-year from 12.1%.
The DII stake stands at 29.4% as of March 2026, versus 28.9% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 38.9% | 10.7% | 29.4% | 20.9% |
| Dec 2025 | 38.9% | 11.0% | 30.0% | 20.1% |
| Sep 2025 | 39.0% | 10.9% | 29.8% | 20.3% |
| Mar 2025 | 39.8% | 12.1% | 28.9% | 19.2% |
Track quarterly shareholding changes for Carborundum Universal Ltd. →
Carborundum Universal Balance Sheet
Proportional view as of 3 Jun 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2025, the total asset base came in at ₹46.43B, up 11.8% YoY from ₹41.52B.
Property, Plant & Equipment accounts for 26.7% of the total, ahead of Inventories (22.7%) and Receivables (16.5%).
Capital structure: 79.2% equity, 4.7% debt, 16.2% operating liabilities. Over the year, debt is up 25.9% and equity is up 12.6%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 3.78B |
| Receivables | 7.66B |
| Inventories | 10.55B |
| Property, Plant & Equipment | 12.38B |
| Investments | 2.01B |
| Intangibles & Goodwill | 4.93B |
| Other Assets | 5.12B |
| Category | Value |
|---|---|
| Equity | 36.76B |
| Short-term Debt | 1.04B |
| Long-term Debt | 1.12B |
| Trade Payables | 3.50B |
| Other Liabilities | 4.01B |
Carborundum Universal Stock Analysis
To sum up Carborundum Universal Ltd.'s financial position: the data paints a clear picture for investors evaluating this abrasives stock.
Revenue of ₹4,935 Cr in FY2025, up 3.3% year-over-year.
Long-term revenue has been compounding at 9.2% annually over 10 years.
The company is profitable, with a net margin of 6.1% and net income of ₹299 Cr.
The P/E Ratio model implies 16.2% downside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
Get the complete view of Carborundum Universal Ltd. on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.