CARBORUNIV
Other Industrial ProductsCarborundum Universal Ltd.
Carborundum Universal Ltd. (CUMI) is an India-based abrasives and industrial ceramics manufacturer founded in 1954 by Murugappa Group in collaboration with Carborundum Co., USA, and the Universal Grinding Wheel Co., UK. The company's main focus was to manufacture and market abrasives, ceramics, and electro-minerals.
Over the years, CUMI has expanded its product range and now offers a wide variety of abrasives, ceramics, electro-minerals, and super-refractories. The company has also grown geographically, with manufacturing facilities in India, Russia, South Africa, and China, catering to customers across the globe.
CUMI's business model revolves around manufacturing and selling abrasives, ceramics, and electro-minerals, targeting a diverse customer base, including the automotive, aerospace, steel, power, engineering, and construction industries. The company operates in various geographies, including India, Russia, South Africa, China, and the Middle East.
Profit margins for CUMI depend on factors like operational efficiency, cost structure, and market demand for its products. As of 2021, the company has shown consistent growth in revenues and profitability, reflecting its strong business model and expanding product portfolio.
Main competitors for CUMI include other abrasives and industrial ceramics manufacturers like Grindwell Norton, Saint-Gobain, 3M, and Henkel.
Industry analysis suggests that the abrasives and industrial ceramics industry is driven by factors such as growth in the automotive, aerospace, construction, and engineering sectors, as well as technological advancements and increasing demand for high-performance materials. The industry faces challenges like intense competition, raw material price fluctuations, and changing environmental regulations.
- Trades at a P/E of 68.9, with a return on equity (ROE) of 15.6%.
- CARBORUNIV is trading above 2 of 5 of its key moving averages (10/20/50/100/200-DMA) — a bearish technical setup.
- Year-to-date it is up 25.26%, and up 21.24% over the past year.
- At ₹1,064.30 it sits about 58% of the way up its 52-week range (₹735.20–₹1,306.90).
- Offers a dividend yield of 0.24%.
- Market capitalisation stands at ₹20,273 Cr.
Shareholding data syncs daily.
| Year | Revenue | Net Profit | EPS | NPM |
|---|---|---|---|---|
| Mar 2023 | ₹2,510 Cr | ₹331 Cr | ₹17.42 | 13.19% |
| Mar 2022 | ₹3,325 Cr | ₹333 Cr | ₹17.56 | 10.02% |
| Mar 2021 | ₹2,632 Cr | ₹284 Cr | ₹15.00 | 10.79% |
| Mar 2021 | ₹2,632 Cr | ₹284 Cr | ₹15.00 | 10.79% |
| Mar 2020 | ₹2,599 Cr | ₹272 Cr | ₹14.38 | 10.47% |
| Mar 2020 | ₹2,599 Cr | ₹272 Cr | ₹14.38 | 10.47% |
| Mar 2019 | ₹2,689 Cr | ₹248 Cr | ₹13.09 | 9.22% |
| Mar 2019 | ₹2,689 Cr | ₹248 Cr | ₹13.09 | 9.22% |
| Mar 2018 | ₹2,374 Cr | ₹216 Cr | ₹11.41 | 9.1% |
| Mar 2017 | ₹2,112 Cr | ₹175 Cr | ₹9.27 | 8.29% |
| Mar 2016 | ₹1,944 Cr | ₹144 Cr | ₹7.47 | 7.41% |
| Mar 2015 | ₹2,042 Cr | ₹133 Cr | ₹6.98 | 6.51% |
| Company | P/E | Book Value | Sales Growth |
|---|---|---|---|
| NELCAST NELCAST LTD. | 17.4 | ₹45.40 | 15.16% |
| PRECWIRE PRECISION WIRES INDIA LTD. | 10.04 | ₹118.81 | 27.73% |
| EKC EVEREST KANTO CYLINDER LTD. | 3.12 | ₹23.10 | 38.38% |
| BHARATFORG BHARAT FORGE LTD. | 23.03 | ₹121.77 | 14.58% |
| ORIENTABRA ORIENT ABRASIVES LTD.-$ | 10.12 | ₹19.14 | 3.01% |
| GRINDWELL GRINDWELL NORTON LTD.-$ | 41.3 | ₹99.43 | 11.64% |
| MAHINDCIE Mahindra CIE Automotive Limited | 142.42 | ₹95.38 | 23.87% |
| DCM DCM LTD. | 0 | ₹17.69 | 6.94% |
| SANGHVIFOR SANGHVI FORGING AND ENGINEERING LTD. | 0 | ₹-11.61 | -3.63% |
| METALFORGE Metalyst Forgings Limited | 0 | ₹-259.20 | -24.1% |
| RKFORGE RAMKRISHNA FORGINGS LTD. | 16.64 | ₹269.79 | 26.41% |
| Date | Client | Type | Qty | Price |
|---|---|---|---|---|
| 24 Mar 2023 | MANISH AGRAWAL | SALE | 1,31,900 | ₹12.97 |
| 24 Mar 2023 | SANJAY AGRAWAL | PURCHASE | 1,04,650 | ₹13.00 |
| 22 Mar 2023 | MANISH AGRAWAL | PURCHASE | 1,12,500 | ₹13.72 |
| 22 Mar 2023 | SANJAY AGRAWAL | SALE | 1,12,500 | ₹13.72 |
| 20 Mar 2023 | SANJAY AGRAWAL | PURCHASE | 1,15,150 | ₹13.46 |
| 15 Mar 2023 | MANISH AGRAWAL | SALE | 1,02,597 | ₹13.20 |
| 15 Mar 2023 | SANJAY AGRAWAL | PURCHASE | 1,33,997 | ₹13.20 |
| 10 Mar 2023 | MANISH AGRAWAL | PURCHASE | 1,38,800 | ₹14.02 |
| 10 Mar 2023 | SANJAY AGRAWAL | SALE | 1,33,100 | ₹14.01 |
| 08 Mar 2023 | MANISH AGRAWAL | SALE | 1,32,600 | ₹14.43 |
| 08 Mar 2023 | SANJAY AGRAWAL | PURCHASE | 1,32,600 | ₹14.43 |
| 03 Mar 2023 | MANISH AGRAWAL | PURCHASE | 1,37,500 | ₹14.25 |
Fundamentals, financials & technicals sourced from niftytrader.in, cached and refreshed periodically.