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 FY2026, Carborundum Universal Ltd. recorded revenue of ₹5,206 Cr. That's 6.4% higher than the ₹4,894 Cr it brought in during FY2025.
Revenue compounded at 9.6% 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 ₹5,206 Cr.
It's been 6 years of continuous revenue growth for Carborundum Universal Ltd. — a pattern worth noting.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹5,206 Cr | +6.4% |
| FY2025 | ₹4,894 Cr | +4.1% |
| FY2024 | ₹4,702 Cr | +1.0% |
| FY2023 | ₹4,654 Cr | +40.0% |
| FY2022 | ₹3,325 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 43.8% to ₹168 Cr in FY2026.
On the margin front, the picture weakened — net margin fell to 3.2% from 6.1%.
Looking at per-share numbers, diluted EPS was ₹10.30 in FY2026 — down from ₹15.55.
Is Carborundum Universal Undervalued
Carborundum Universal Ltd. shares are currently trading at ₹1,095.50.
Craytheon calculates intrinsic value using the P/E Ratio, DCF, and EPS Growth models. All three appear in the Valuation Models cards below.
Valuation Models
Carborundum Universal Shareholding Pattern
A stable promoter holding of 38.9% over 4 quarters suggests the management group is comfortable with its position.
Foreign investors held 11.1% of the company as of June 2026, up year-over-year from 10.9%.
The DII stake stands at 29.1% as of June 2026, versus 29.8% in the year-ago period.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Jun 2026 | 38.9% | 11.1% | 29.1% | 20.9% |
| 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% |
Track quarterly shareholding changes for Carborundum Universal Ltd. →
Carborundum Universal Balance Sheet
Proportional view as of 3 Aug 2026. Hover blocks for details.
Assets
Liabilities & Equity
In FY2026, the total asset base came in at ₹52.91B, up 13.9% YoY from ₹46.43B.
Property, Plant & Equipment accounts for 26.9% of the total, ahead of Inventories (21.1%) and Receivables (16.8%).
Capital structure: 75.8% equity, 7.8% debt, 16.4% operating liabilities. Over the year, debt is up 90.7% and equity is up 9.0%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 7.00B |
| Receivables | 8.91B |
| Inventories | 11.17B |
| Property, Plant & Equipment | 14.23B |
| Investments | 1.99B |
| Intangibles & Goodwill | 5.17B |
| Other Assets | 4.44B |
| Category | Value |
|---|---|
| Equity | 40.08B |
| Short-term Debt | 2.97B |
| Long-term Debt | 1.16B |
| Trade Payables | 4.22B |
| Other Liabilities | 4.48B |
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 ₹5,206 Cr in FY2026, up 6.4% year-over-year.
Long-term revenue has been compounding at 9.6% annually over 10 years.
The company is profitable, with a net margin of 3.2% and net income of ₹168 Cr.
Unlock Full Analysis
Get the complete view of Carborundum Universal Ltd. on Craytheon — 10 years of financials, three valuation models, and institutional holding trends.