Carborundum Universal Limited
Carborundum Universal Ltd, a part of the Chennai-based Murugappa group, is engaged in the manufacturing of abrasives, ceramics, refractories, and electro-minerals.
What Carborundum files
- Others66
- Investor Meet25
- Important21
- Updates14
- Board Meeting8
- Dividend/Bonus7
Carborundum Universal received an independent ESG rating from Crisil ESG Ratings & Analytics. The company did not engage Crisil; the rating is based on publicly available information.
Carborundum Universal has announced financial results for the quarter. Consolidated sales rose 16.9% to ₹1411 Cr, with PAT at ₹76 Cr (+23.4% YoY). Standalone sales grew 21.2% to ₹846 Cr, PAT ₹88 Cr. All core segments showed strong growth.
Carborundum Universal's subsidiary, FZL, is ceasing operations due to sustained unprofitability and market challenges. This results in a Rs. 16 Cr asset write-down in consolidated financials but has no impact on standalone operations.
Carborundum Universal's Board approved Q4 & FY26 results. FY26 Standalone PAT rose to ₹416 Cr; Consolidated PAT fell to ₹195 Cr due to ₹135 Cr exceptional losses from winding down German and South African ops. A final dividend of ₹2.50/share was proposed.
Company's step-down subsidiary, CUMI AWUKO Abrasives GmbH, will undergo voluntary winding-up due to continuous underperformance and mounting losses. This non-material subsidiary had Rs. 93 Cr turnover (1.9% of consolidated revenue). The estimated financial impact is Rs. 110-130 Cr.