Carborundum Universal reported strong Q1 FY'27 performance.
Consolidated sales grew 16.9% YoY to ₹1,411 Cr, with PAT up 23.4% to ₹76 Cr.
Standalone sales rose 21.2% to ₹846 Cr, driven by Electrominerals (+33%) and Ceramics (+15.2%). Abrasives PBIT margins were pressured by seasonal volume declines and higher oil-based resin/fuel costs.
Management increased FY'27 consolidated sales growth outlook (excluding exits) to 15% and Ceramics growth to 23-25%, citing momentum in Engineered Ceramics, Metallized Cylinders, and SOFC Ceramics.
Strategic exits of Awuko and Foskor Zirconia are progressing.
CAPEX guidance of ₹400 Cr is maintained.
The company is actively pursuing long-term growth, navigating challenges with a confident outlook.
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