Carborundum Universal Ltd.
CARBORUNIVIndustrials filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
17 transcript(s)/analyst meet(s) served; 9 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 17 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20220520 | 2022-03-31 | no | |
| COVER_LETTER | 20230208 | 2022-12-31 | no | |
| COVER_LETTER | 20230515 | 2023-03-31 | no | |
| COVER_LETTER | 20230810 | 2023-06-30 | no | |
| COVER_LETTER | 20231103 | 2023-09-30 | no | |
| COVER_LETTER | 20240207 | 2023-12-31 | no | |
| COVER_LETTER | 20240510 | 2024-03-31 | no | |
| COVER_LETTER | 20240806 | 2024-06-30 | no | |
| COVER_LETTER | 20241108 | 2024-09-30 | no | |
| TRANSCRIPT | 20250118 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250218 | 2024-12-31 | yes | |
| TRANSCRIPT | 20250519 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250814 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251106 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260204 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260521 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260814 | 2026-06-30 | yes |
CARBORUNIV
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 1,296.50 |
| 52-week range | 748.35 – 1296.5 |
| Return 1M | 17.15% |
| Return 3M | 13.4% |
| Return 1Y | 35.74% |
| Return 3Y | 9.07% |
| Return 5Y | 48.6% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 1,427.00 |
| Other income | 45.00 |
| Total income | 1,471.00 |
| Cost of materials consumed | 494.00 |
| Purchases of stock-in-trade | 59.00 |
| Changes in inventories | 23.00 |
| Employee benefit expense | 268.00 |
| Finance costs | 6.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.39 | 0.00 |
| institutions foreign | 0.11 | 0.00 |
| institutions domestic | 0.29 | -0.00 |
| mutual funds | 0.28 | 0.00 |
| public | 0.61 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2024-09-30 | 9 |
| TRANSCRIPT | 2026-06-30 | 8 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 1,128.00 | 1,187.00 | 1,200.00 | 1,203.00 | 1,146.00 | 1,151.00 | 1,201.00 | 1,198.00 | 1,224.00 | 1,255.00 | 1,217.00 | 1,219.00 | 1,298.00 | 1,291.00 | 1,398.00 | 1,427.00 |
| Other income | 8.00 | 24.00 | 20.00 | 31.00 | 20.00 | 14.00 | 13.00 | 7.00 | 11.00 | 16.00 | 6.00 | 19.00 | 17.00 | 13.00 | 23.00 | 45.00 |
| Total income | 1,136.00 | 1,211.00 | 1,219.00 | 1,234.00 | 1,166.00 | 1,165.00 | 1,214.00 | 1,205.00 | 1,235.00 | 1,272.00 | 1,223.00 | 1,238.00 | 1,315.00 | 1,304.00 | 1,421.00 | 1,471.00 |
| Cost of materials consumed | 413.00 | 418.00 | 394.00 | 407.00 | 368.00 | 370.00 | 390.00 | 376.00 | 409.00 | 445.00 | 458.00 | 462.00 | 461.00 | 451.00 | 538.00 | 494.00 |
| Purchases of stock-in-trade | 40.00 | 38.00 | 58.00 | 52.00 | 43.00 | 29.00 | 52.00 | 54.00 | 66.00 | 51.00 | 57.00 | 43.00 | 41.00 | 62.00 | 73.00 | 59.00 |
| Changes in inventories | -53.00 | -16.00 | 5.00 | 9.00 | -7.00 | 14.00 | -16.00 | -8.00 | -33.00 | -17.00 | -62.00 | -54.00 | 2.00 | -4.00 | -37.00 | 23.00 |
| Employee benefit expense | 170.00 | 182.00 | 167.00 | 180.00 | 179.00 | 175.00 | 186.00 | 192.00 | 200.00 | 203.00 | 225.00 | 238.00 | 241.00 | 232.00 | 242.00 | 268.00 |
| Finance costs | 5.00 | 7.00 | 7.00 | 5.00 | 5.00 | 5.00 | 4.00 | 3.00 | 4.00 | 4.00 | 3.00 | 3.00 | 4.00 | 5.00 | 6.00 | 6.00 |
| Depreciation and amortisation | 44.00 | 47.00 | 53.00 | 46.00 | 46.00 | 48.00 | 51.00 | 51.00 | 52.00 | 53.00 | 56.00 | 59.00 | 62.00 | 61.00 | 65.00 | 66.00 |
| Other expenses | 394.00 | 393.00 | 386.00 | 386.00 | 396.00 | 370.00 | 379.00 | 390.00 | 388.00 | 397.00 | 393.00 | 410.00 | 396.00 | 392.00 | 439.00 | 447.00 |
| Total expenses | 1,014.00 | 1,070.00 | 1,069.00 | 1,085.00 | 1,030.00 | 1,012.00 | 1,046.00 | 1,059.00 | 1,085.00 | 1,135.00 | 1,130.00 | 1,160.00 | 1,208.00 | 1,199.00 | 1,325.00 | 1,363.00 |
| Profit before exceptional items and tax | 122.00 | 141.00 | 150.00 | 149.00 | 136.00 | 153.00 | 167.00 | 146.00 | 151.00 | 137.00 | 93.00 | 78.00 | 107.00 | 105.00 | 96.00 | 108.00 |
| Exceptional items | 0.00 | 0.00 | 25.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -104.00 | 0.00 | 0.00 | 0.00 | 0.00 | -135.00 | 0.00 |
| Profit before tax | 122.00 | 141.00 | 175.00 | 149.00 | 136.00 | 153.00 | 167.00 | 146.00 | 151.00 | 33.00 | 93.00 | 78.00 | 107.00 | 105.00 | -38.00 | 108.00 |
| Current tax | 39.00 | 48.00 | 52.00 | 49.00 | 58.00 | 43.00 | 46.00 | 39.00 | 47.00 | 51.00 | 31.00 | 35.00 | 43.00 | 35.00 | 40.00 | 44.00 |
| Deferred tax | -2.00 | -14.00 | -11.00 | -7.00 | -14.00 | 9.00 | -9.00 | 4.00 | -1.00 | -45.00 | 43.00 | -10.00 | -5.00 | 5.00 | -30.00 | -5.00 |
| Tax expense | 37.00 | 34.00 | 41.00 | 42.00 | 44.00 | 51.00 | 37.00 | 43.00 | 46.00 | 6.00 | 75.00 | 25.00 | 38.00 | 40.00 | 10.00 | 39.00 |
| Profit for the period | 94.00 | 113.00 | 149.00 | 118.00 | 104.00 | 112.00 | 143.00 | 115.00 | 116.00 | 38.00 | 30.00 | 60.00 | 74.00 | 73.00 | -40.00 | 80.00 |
| Profit attributable to owners | 89.00 | 109.00 | 137.00 | 113.00 | 102.00 | 111.00 | 135.00 | 113.00 | 116.00 | 35.00 | 29.00 | 62.00 | 75.00 | 76.00 | -18.00 | 76.00 |
| Profit attributable to non-controlling interests | 5.00 | 4.00 | 12.00 | 5.00 | 2.00 | 1.00 | 8.00 | 2.00 | 0.00 | 3.00 | 1.00 | -2.00 | -0.00 | -3.00 | -22.00 | 4.00 |
| Other comprehensive income | -60.00 | -85.00 | -56.00 | -93.00 | -51.00 | 83.00 | -43.00 | 48.00 | -20.00 | -131.00 | 196.00 | 98.00 | 29.00 | 64.00 | 61.00 | 21.00 |
| Total comprehensive income | 34.00 | 28.00 | 92.00 | 24.00 | 53.00 | 195.00 | 99.00 | 163.00 | 96.00 | -93.00 | 226.00 | 158.00 | 104.00 | 137.00 | 21.00 | 102.00 |
| Earnings per share, basic | 4.69 | 5.75 | 7.22 | 5.96 | 5.36 | 5.86 | 7.10 | 5.94 | 6.09 | 1.83 | 1.73 | 3.28 | 3.94 | 4.02 | -0.93 | 4.04 |
| Earnings per share, diluted | 4.68 | 5.73 | 7.20 | 5.94 | 5.35 | 5.84 | 7.08 | 5.92 | 6.07 | 1.82 | 1.73 | 3.27 | 3.94 | 4.01 | -0.93 | 4.04 |
Annual results, as filed
| Line | 2019-03-31 | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,689.00 | 2,599.00 | 2,632.00 | 3,325.00 | 4,654.00 | 4,702.00 | 4,894.00 | 5,206.00 |
| Other income | 27.00 | 45.00 | 31.00 | 40.00 | 77.00 | 77.00 | 41.00 | 72.00 |
| Total income | 2,716.00 | 2,644.00 | 2,663.00 | 3,365.00 | 4,731.00 | 4,779.00 | 4,935.00 | 5,278.00 |
| Cost of materials consumed | 873.00 | 825.00 | 757.00 | 1,153.00 | 1,610.00 | 1,520.00 | 1,688.00 | 1,912.00 |
| Purchases of stock-in-trade | 109.00 | 92.00 | 74.00 | 98.00 | 166.00 | 177.00 | 227.00 | 219.00 |
| Changes in inventories | -27.00 | -30.00 | 67.00 | -94.00 | -62.00 | 1.00 | -120.00 | -93.00 |
| Employee benefit expense | 327.00 | 345.00 | 347.00 | 419.00 | 692.00 | 720.00 | 862.00 | 953.00 |
| Finance costs | 8.00 | 6.00 | 4.00 | 6.00 | 24.00 | 18.00 | 14.00 | 19.00 |
| Depreciation and amortisation | 108.00 | 105.00 | 99.00 | 115.00 | 187.00 | 191.00 | 212.00 | 247.00 |
| Other expenses | 968.00 | 969.00 | 921.00 | 1,211.00 | 1,596.00 | 1,546.00 | 1,525.00 | 1,637.00 |
| Total expenses | 2,367.00 | 2,311.00 | 2,269.00 | 2,908.00 | 4,213.00 | 4,172.00 | 4,408.00 | 4,893.00 |
| Profit before exceptional items and tax | 349.00 | 333.00 | 394.00 | 456.00 | 518.00 | 606.00 | 527.00 | 385.00 |
| Exceptional items | 0.00 | 0.00 | -14.00 | 0.00 | 25.00 | 0.00 | -104.00 | -135.00 |
| Profit before tax | 349.00 | 333.00 | 380.00 | 456.00 | 543.00 | 606.00 | 423.00 | 250.00 |
| Current tax | 123.00 | 97.00 | 109.00 | 138.00 | 173.00 | 196.00 | 168.00 | 153.00 |
| Deferred tax | -2.00 | -21.00 | -7.00 | -11.00 | -35.00 | -22.00 | 1.00 | -39.00 |
| Tax expense | 121.00 | 76.00 | 102.00 | 127.00 | 138.00 | 174.00 | 169.00 | 114.00 |
| Profit for the period | 248.00 | 275.00 | 293.00 | 350.00 | 442.00 | 476.00 | 299.00 | 168.00 |
| Profit attributable to owners | 248.00 | 272.00 | 284.00 | 333.00 | 414.00 | 461.00 | 293.00 | 195.00 |
| Profit attributable to non-controlling interests | -0.00 | 3.00 | 9.00 | 17.00 | 28.00 | 15.00 | 6.00 | -27.00 |
| Other comprehensive income | -34.00 | -57.00 | 13.00 | -14.00 | 100.00 | -104.00 | 93.00 | 252.00 |
| Total comprehensive income | 213.00 | 218.00 | 306.00 | 336.00 | 542.00 | 372.00 | 392.00 | 420.00 |
| Earnings per share, basic | 13.10 | 14.39 | 15.01 | 17.57 | 21.80 | 24.27 | 15.58 | 10.30 |
| Earnings per share, diluted | 13.07 | 14.38 | 14.99 | 17.52 | 21.74 | 24.22 | 15.55 | 10.30 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 3,987.00 | 3,924.00 | 3,851.00 | 4,152.00 | 4,419.00 | 4,643.00 | 5,030.00 | 5,291.00 |
| Non-current assets | 1,837.00 | 1,898.00 | 1,881.00 | 1,983.00 | 2,051.00 | 2,243.00 | 2,405.00 | 2,450.00 |
| Current assets | 2,150.00 | 2,026.00 | 1,966.00 | 2,169.00 | 2,368.00 | 2,400.00 | 2,625.00 | 2,841.00 |
| Property, plant and equipment | 959.00 | 1,045.00 | 1,019.00 | 1,086.00 | 1,101.00 | 1,223.00 | 1,246.00 | 1,389.00 |
| Capital work-in-progress | 113.00 | 87.00 | 74.00 | 78.00 | 107.00 | 118.00 | 203.00 | 141.00 |
| Goodwill | 235.00 | 244.00 | 245.00 | 247.00 | 250.00 | 267.00 | 284.00 | 297.00 |
| Other intangible assets | 233.00 | 237.00 | 230.00 | 222.00 | 212.00 | 225.00 | 230.00 | 219.00 |
| Inventories | 1,001.00 | 899.00 | 865.00 | 850.00 | 997.00 | 1,055.00 | 1,151.00 | 1,117.00 |
| Trade receivables | 712.00 | 627.00 | 626.00 | 679.00 | 761.00 | 766.00 | 865.00 | 891.00 |
| Cash and cash equivalents | 304.00 | 396.00 | 362.00 | 555.00 | 387.00 | 378.00 | 455.00 | 698.00 |
| Total equity and liabilities | 3,987.00 | 3,924.00 | 3,851.00 | 4,152.00 | 4,419.00 | 4,643.00 | 5,030.00 | 5,291.00 |
| Equity | 2,836.00 | 2,948.00 | 2,982.00 | 3,265.00 | 3,466.00 | 3,676.00 | 3,874.00 | 4,008.00 |
| Equity share capital | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 | 19.00 |
| Other equity | 2,721.00 | 2,802.00 | 2,845.00 | 3,107.00 | 3,316.00 | 3,510.00 | 3,726.00 | 3,881.00 |
| Total liabilities | 1,151.00 | 976.00 | 869.00 | 887.00 | 953.00 | 967.00 | 1,155.00 | 1,282.00 |
| Non-current liabilities | 172.00 | 238.00 | 188.00 | 210.00 | 232.00 | 250.00 | 254.00 | 218.00 |
| Current liabilities | 978.00 | 738.00 | 681.00 | 677.00 | 721.00 | 717.00 | 901.00 | 1,065.00 |
| Borrowings, non-current | 29.00 | 43.00 | 35.00 | 28.00 | 26.00 | 25.00 | 24.00 | 26.00 |
| Borrowings, current | 353.00 | 187.00 | 105.00 | 85.00 | 77.00 | 95.00 | 186.00 | 279.00 |
| Trade payables | 371.00 | 336.00 | 376.00 | 398.00 | 433.00 | 350.00 | 442.00 | 422.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | -38.00 | 430.00 | 243.00 | 602.00 | 112.00 | 304.00 | 111.00 | 367.00 |
| Net cash from investing activities | -151.00 | -257.00 | -84.00 | -186.00 | -195.00 | -383.00 | -134.00 | -217.00 |
| Net cash from financing activities | 73.00 | -133.00 | -149.00 | -214.00 | -87.00 | -110.00 | 83.00 | 119.00 |
| Purchase of property, plant and equipment | 174.00 | 293.00 | 96.00 | 219.00 | 116.00 | 274.00 | 160.00 | 300.00 |
| Net increase in cash | -44.00 | 49.00 | -35.00 | 159.00 | -167.00 | -177.00 | 77.00 | 320.00 |
| con:CFO.BEFORE_TAX | 26.00 | 593.00 | 339.00 | 811.00 | 204.00 | 502.00 | 209.00 | 539.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 64.00 | 163.00 | 95.00 | 210.00 | 92.00 | 198.00 | 98.00 | 171.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.00 |
| con:PPE_DISPOSALS | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 | 1.00 | 3.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | -15.00 | 0.00 | 0.00 | 0.00 | 0.00 | 58.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 41.89 | 41.52 | 41.50 | 41.28 | 41.28 | 41.23 | 41.16 | 41.04 | 39.82 | 39.82 | 0.39 | 0.39 | 0.39 | 0.39 |
| Domestic institutions | 28.19 | 28.83 | 29.38 | 29.74 | 29.84 | 29.05 | 28.25 | 28.03 | 28.18 | 28.86 | 0.30 | 0.30 | 0.29 | 0.29 |
| Mutual funds | — | — | — | — | — | — | — | — | — | — | 0.28 | 0.28 | 0.28 | 0.28 |
| Insurance companies | 2.19 | 2.10 | 2.16 | 1.80 | 1.41 | 1.59 | 1.58 | 1.46 | 1.46 | 1.45 | 0.02 | 0.02 | 0.01 | 0.01 |
| Foreign institutions | 9.08 | 9.36 | 9.98 | 10.15 | 10.63 | 11.71 | 12.76 | 12.71 | 13.01 | 12.11 | 0.11 | 0.11 | 0.11 | 0.11 |
| Government | — | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 58.11 | 58.48 | 58.50 | 58.72 | 58.72 | 58.77 | 58.84 | 58.96 | 60.18 | 60.18 | 0.61 | 0.61 | 0.61 | 0.61 |
| Non-institutional | 20.82 | 20.27 | 19.12 | 18.80 | 18.25 | 17.99 | 17.82 | 18.21 | 18.98 | 19.20 | 0.20 | 0.20 | 0.21 | 0.21 |
| Shares outstanding | 189903613 | 189943974 | 189943974 | 190038404 | 190054904 | 190257608 | 190257608 | 190308168 | 190385564 | 190422718 | 190437988 | 190447864 | 190492502 | 190493502 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| CUMI America Inc. | Wholly owned Subsidiary | Purchase of goods or services, Sale of goods or serv | 619,520,000.00 | 5 |
| Volzhsky Abrasive Works | Subsidiary | Purchase of goods or services, Sale of goods or serv | 527,120,000.00 | 2 |
| CUMI (Australia) Pty Ltd. | Subsidiary | Any other transaction, Dividend received, Sale of go | 409,510,000.00 | 3 |
| Foskor Zirconia (pty) Ltd. | Wholly owned Subsidiary | Purchase of goods or services, Sale of goods or serv | 364,820,000.00 | 2 |
| CUMI AWUKO Abrasives GmbH | Wholly owned Subsidiary | Any other transaction, Investment, Purchase of goods | 229,730,000.00 | 6 |
| Rhodius S.A.R.L, France | subsidiary of RAG | Any other transaction, Sale of goods or services | 208,940,000.00 | 5 |
| Foskor (Pty) Limited | Other Investor | Any other transaction, Purchase of goods or services | 146,020,000.00 | 2 |
| Cholamandalam MS General Insurance Company Limited | Promoter and Promoter Group | Purchase of fixed assets, Purchase of goods or servi | 140,400,000.00 | 5 |
| AMBADI INVESTMENTS LIMITED | Promoter and Promoter Group | Dividend paid | 140,140,000.00 | 1 |
| RHODIUS Abrasives GmbH | Wholly owned Subsidiary | Purchase of goods or services, Sale of goods or serv | 130,770,000.00 | 3 |
| Christine Allen | Relative of a Director | Dividend paid, Remuneration | 123,770,000.00 | 2 |
| Sterling Abrasives Limited | Subsidiary | Dividend received, Purchase of goods or services, Sa | 123,570,000.00 | 4 |
| Carborundum Universal Employees Provident fund | Other related party - Retrial Fund | Any other transaction | 101,210,000.00 | 1 |
| Southern Energy Development Corporation Limited | Subsidiary | Any other transaction | 90,650,000.00 | 2 |
| Wendt (India) Limited | Associate | Any other transaction, Dividend received, Purchase o | 78,290,000.00 | 11 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-14 | Q1FY27 | DIRECTOR, CARBORUNDUM UNIVERSAL LIMITED | Read the call |
| 2026-05-21 | Q4FY26 | DIRECTOR, CARBORUNDUM UNIVERSAL LIMITED | Read the call |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | Read the call |
| 2025-11-06 | Q2FY26 | Read the call | |
| 2025-08-14 | Q1FY26 | CARBORUNDUM UNIVERSAL LIMITED | Read the call |
| 2025-05-19 | Q4FY25 | CARBORUNDUM UNIVERSAL LIMITED | Read the call |
| 2025-02-18 | Q3FY25 | CARBORUNDUM UNIVERSAL LIMITED, DIRECTOR, CARBORUNDUM UNIVERSAL LIMITED, MANAGER (STRATEGIC | Read the call |
| 2025-01-18 | Q3FY25 | UNIVERSAL LIMITED | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | Q1FY26 | Q1FY27 | Q2FY26 | Q3FY25 | Q3FY26 | Q4FY25 | Q4FY26 |
|---|---|---|---|---|---|---|---|
| Capex | August 08, 2025 In Q1 FY '26, our capex investment was INR64 crores against INR63 crores in Q1 FY '25 at a consolidated level. | Carborundum Universal Limited August 10, 2026 Consolidated CAPEX in Q1 FY'27 was INR 53 crores compared to INR 64 crores in Q1 FY'26. | That's why you see a strong capex spend, which is very much in line with our spend as well. | It varies, Mohit, depending on their capex need, their local requirement, etcetera. | CAPEX- During the first 9 months, the capex investment is INR248 crores compared to INR209 crores same period last year. | In FY '25, our capex investment was INR282 crores at a consolidated level. | Consolidated CAPEX was INR 309 crores, of which standalone constituted INR 235 crores. |
| Capital allocation | If you exclude one-time dividend from SEDCO of INR 68 crores, this would be an expense of INR7.3 crores. | Standalone profit after tax in Q1 FY'27: Standalone PAT was INR 88 crores compared to INR 77 crores in Q1 FY'26 without the impact of one-time dividen… | We don't see abnormality, except there are some dividend income movement, which is like we also disclosed that close to some INR68 crores plus is the … | So typically, the dividend is paid and that is how the repatriation of dividend happens using the banking channels. | I remember a few years ago, we had also planned to divest this particular business. | This was higher by INR43.3 crores primarily due to lower dividend, higher project-related expenses, higher employee costs on account of new head count… | The framework consists of focus on the factory, which is the first major initiative, acquisition of talent, rewarding career path, employee experience… |
| Costs | This is mainly due to higher input costs. | Besides this, raw material cost push, normal inflationary cost push and other costs were there. | And I just wanted to confirm that you had said that -- in this call, you had said that VAW is not exporting raw materials to the Indian subsidiary for… | Second is that there is a cost pressure. | — | Standalone PBIT was lower by 11% on account of higher input costs. | The Company is also increasing its capacity in value-added products in alumina and diversifying raw material sourcing. |
| Debt and cash | Free cash flows in Q1 of FY '26 at a consolidated level, 98% to PAT compared to 37% in Q1 of FY '25. | Fortunately, these people with even tough conditions, they are trying their best and doing it properly in terms of profitability and cash flow. | — | — | — | Free cash flows on a full year basis at a consolidated level is 22% to PAT compared to 86% last year. | Free cash flow on a full-year basis at a consolidated level is 56.6% to PAT compared to last year's 16.1%. |
| Demand | We are seeing softer demand in the channels due to the inventory correction. | Is that a structural trigger for medium- term and how do you see the demand for this? | And as far as the Ceramics is concerned, the H2 will be strong, largely because of the way the order books were built and some of the projects require… | See, Abrasive demand is largely, I would say, at this point in time, holding on. | As I said, it's north of 20% is the growth that we are having and we also have a very sizable, good order book. | To drive this growth, we are strengthening our product pipeline across both Coated and Bonded segment, shaping a dynamic customer-centric portfolio. | You would note that the business faced issues such as inventory correction from the dealer channel, unseasonal rains which delayed construction activi… |
| Guidance | We expect end of August all this will be addressed. | We are evaluating all options, and we expect to reach a solution in a quarter. | We expect that trend to continue for the second half. | You mentioned that the guidance has been lowered to 6% to 7%. | We expect the full year loss to be in the range of EUR4.5 million after write-off of PPA about 2.8 million. | We expect this could improve by another 100 to 150 basis points. | We expect sales in FY27 to grow by 5% in FY27. The PAT loss in FY26 was EUR 2.6 million compared to EUR 0.2 million in FY25. We expect FY27 the PAT to… |
| Margin | I'll request Sushil to cover the PBIT margin, debt position, capex, cash flow and the ROCE. | PBIT margin declined from 13.1% to 10.4%. | I mean, we will bounce back better in the H2 and that should start showing the margin pickup. | Our understanding was that when the Engineered Ceramics business will revive, there would be a decent margin expansion on that. | At the Q3 FY 26 level, the PAT margin was 6% compared to 2.8% in Q3 FY '25. | So overall PBIT margin decreased from 13.5% to 11.2%. | The standalone PBIT margin percentage decreased from 16.1% in FY25 to 15.3% in FY26, and 81 bps drop. |
| People | — | So, what's the utilisation and update on sales? | So just wanted to understand what are the capacity utilizations there now? | — | — | — | Serial supplies of qualified products will commence in FY27, with the line utilisation gradually improving. |
| Pricing | — | These were offset by the normal price increase realisation that we had. | — | Definitely, alumina price increase versus our ability to put on the price is a continuing process, plus the competition from China is also a factor th… | — | This was on account of the increase in volume and price realisation. | Has the domestic market pricing improved because of this or we have been able to garner a little bit better market share in the last one or two months… |
| Revenue growth | Consolidated sales in Q1 FY '26 was INR405 crores, showing a growth of 6.3% compared to Q1 FY '25 of INR381 crores. | Sequential growth was driven by EMD which grew by 12.2%, but ceramic segments declined marking a decline of 1.6% and Abrasive also declined about 6.9%… | Also, we had expected a strong revenue growth as clean energy sales to the U.S.-based customers are reviving. | That is why we are bringing down the top line also in our projection. | The growth was broad-based, driven by retail, industrial and precision. | On standalone basis, full year, the sales was at INR2,784 crores with a growth of 7.3% compared to the last year. | Sales at Foskor Zirconia recorded ZAR 461 million compared to ZAR 415 million in FY25. This marks a growth of 11.2% in RAND terms. |
What they said they would do
Sentences in which management set an expectation. Each names the speaker and the page of the transcript it came from.
| Date | Quarter | Who | What they said |
|---|---|---|---|
| 2025-05-19 | Q4FY25 | CARBORUNDUM UNIVERSAL LIMITED | We expect this could improve by another 100 to 150 basis points. |
| 2025-05-19 | Q4FY25 | CARBORUNDUM UNIVERSAL LIMITED | We expect this could drop by 100 basis to 120 basis points. |
| 2025-05-19 | Q4FY25 | CARBORUNDUM UNIVERSAL LIMITED | We expect this could be dropped by 500 to 600 basis points in FY '26. |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | We expect the full year loss to be in the range of EUR4.5 million after write-off of PPA about 2.8 million. |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | We said we will spend INR350 crores for the full year, and we feel that we should be completing that INR350 crores of capex. |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | Consolidated EMD, we gave a guidance of 1% to 2% sales growth. |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | We are likely to be at 21% to 22%. |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | We maintain the full-year guidance of INR350 crores of capex. |
| 2026-02-04 | Q3FY26 | CARBORUNDUM UNIVERSAL LIMITED | We expect that overall growth rate, we know that the current rate is 1.7%, but we expect this to be in the range of about 9% to 11% at the full year level. |