# CARBORUNIV (CARBORUNIV) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/carboruniv

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,119.3
- Change: +3.29%
- As of: 2026-09-18
- 1D return: +3.77%
- 5D return: +3.14%
- 1M return: -1.16%
- Latest complete quarter: fy26_q4

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, CARBORUNIV is trading at ₹1124.4. The stock's technical stance shows a mixed picture across timeframes. Daily indicators suggest a weakening trend, with the Super Trend indicator pointing to a bearish signal, while the price remains above key moving averages like the 20-day EMA (₹1093.39) and 50-day EMA (₹1092.89). This indicates short-term caution despite longer-term averages being supportive. The weekly timeframe presents a stronger bullish picture, with the Super Trend in a bullish direction and the price above its 20-day EMA (₹1074.25) and 50-day EMA (₹1014.45). However, the monthly view reverts to a bearish Super Trend signal, though the price is above the 20-day EMA (₹1011.25), suggesting potential underlying strength that is not yet confirmed across all periods. The stock is currently positioned around the middle of its recent trading range, with recent market activity showing a balance of positive and negative events. The annualized volatility stands at 34%, with a current drawdown of -14% and a maximum drawdown of -43%, highlighting the stock's inherent risk. The nearest support is observed at ₹1124.33, just below the current price, followed by ₹1111.58. Resistance is noted at ₹1133.21, approximately 0.78% above the current price, and further up at ₹1153.77.

- Daily Super Trend is bearish, while price is above daily EMAs and SMAs.
- Weekly Super Trend is bullish, with price above weekly EMAs and SMAs.
- Monthly Super Trend is bearish, with price above monthly EMA.
- Nearest support level is ₹1124.33, with resistance at ₹1133.21.
- Annualized volatility is 34%, with a current drawdown of -14%.

- Harami
- Bearish Engulfing Reversal
- Outside Bar
- Doji

### What Changed

Carborundum Universal's share price has seen an increase, trading at ₹1124.4 on September 18, 2026, up from ₹1083.6 previously. This movement occurred against a backdrop of broader market news, including a report highlighting a talent gap in India's defense sector, which could impact future growth and innovation in that industry. No new corporate filings were reported for the company on this date.

- Carborundum Universal's share price rose to ₹1124.4 on September 18, 2026, from a previous price of ₹1083.6.
- A news report dated September 18, 2026, discussed a talent shortage in India's defense sector.
- No new corporate filings were reported for Carborundum Universal as of September 18, 2026.

- India’s defence start-up boom is outrunning its talent pipeline

### Official Filings

Carborundum Universal Limited has announced a change in its senior leadership with the appointment of Mr. Sriram Seshadri as Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), effective September 7, 2026. This appointment follows recommendations from the Nomination and Remuneration Committee and the Audit Committee. Mr. Seshadri brings over 30 years of finance experience, most recently serving as Vice President – Business Controller at Endurance Technologies.

In terms of financial performance, the company reported its unaudited financial results for the quarter ended June 30, 2026, on August 7, 2026. Standalone sales increased by 21.2% year-over-year to ₹846 crore, with Profit After Tax (PAT) at ₹88 crore. On a consolidated basis, sales grew 16.9% year-over-year to ₹1,411 crore, and consolidated PAT stood at ₹76 crore. The company also revised its FY'27 consolidated sales growth guidance to 15%, excluding specific entities, and indicated that updates on the voluntary winding up of CUMI Awuko Abrasives in Germany and the evaluation of Foskor Zirconia for closure or divestment are expected in the next quarter.

- Mr. Sriram Seshadri appointed CFO & KMP effective September 7, 2026.
- Q1 FY'27 standalone sales grew 21.2% YoY to ₹846 crore; PAT was ₹88 crore.
- Q1 FY'27 consolidated sales grew 16.9% YoY to ₹1,411 crore; PAT was ₹76 crore.
- FY'27 consolidated sales growth guidance revised to 15% (excluding specific entities).
- Updates on CUMI Awuko Abrasives winding up and Foskor Zirconia evaluation expected next quarter.

- Carborundum Universal Limited has informed the Exchange regarding appointment of Mr. Sriram Seshadri as Chief Financial Officer & KMP of the Company w.e.f. September 07, 2026. |SUBJECT: Appointment
- Carborundum Universal Limited has informed the Exchange about Copy of Newspaper Publication regarding notice of special window for re-lodgement of transfer requests of physical shares. |SUBJECT: Copy of Newspaper Publication
- Carborundum Universal Limited has informed the Exchange about Environment, Social and Governance ( ESG ) rating by Crisil ESG Ratings & Analytics Limited |SUBJECT: General Updates
- Carborundum Universal Limited has informed the Exchange about Transcript of the Investor call held on Aug 10, 206. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Carborundum Universal Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Carborundum Universal Limited has informed the Exchange regarding Allotment of 6882 equity Shares under ESOP Plan 2016. |SUBJECT: ESOP/ESOS/ESPS
- Carborundum Universal Limited has informed the Exchange regarding Allotment of Securities |SUBJECT: Alteration Of Capital and Fund Raising-XBRL

### Fundamentals

Carborundum Universal's recent operating performance shows mixed trends across its latest reported quarters. Revenue from operations saw an increase from ₹1,298.08 crore in Q2 FY2025-26 to ₹1,398.35 crore in Q4 FY2025-26, with a slight dip to ₹1,290.86 crore in Q3 FY2025-26. However, profitability metrics have faced pressure. Profit Before Exceptional Items And Tax declined sequentially from ₹106.64 crore in Q2 FY2025-26 to ₹96.12 crore in Q4 FY2025-26. This trend is more pronounced in Profit Before Tax, which fell from ₹106.64 crore in Q2 FY2025-26 to a loss of ₹38.45 crore in Q4 FY2025-26. Consequently, the Profit Loss For Period shifted from a profit of ₹74.26 crore in Q2 FY2025-26 to a loss of ₹40.01 crore in Q4 FY2025-26. Comprehensive income for the period also showed volatility, decreasing from ₹137.30 crore in Q3 FY2025-26 to ₹20.94 crore in Q4 FY2025-26. Investors should monitor the factors contributing to the decline in Profit Before Tax and the shift to a net loss in the latest quarter, alongside the revenue trajectory.

- Revenue from operations was ₹1,298.08 crore in Q2 FY2025-26, ₹1,290.86 crore in Q3 FY2025-26, and ₹1,398.35 crore in Q4 FY2025-26.
- Profit Before Exceptional Items And Tax decreased from ₹106.64 crore in Q2 FY2025-26 to ₹96.12 crore in Q4 FY2025-26.
- Profit Before Tax turned negative, recorded at -₹38.45 crore in Q4 FY2025-26, compared to ₹106.64 crore in Q2 FY2025-26.
- Profit Loss For Period was ₹74.26 crore in Q2 FY2025-26, ₹73.16 crore in Q3 FY2025-26, and -₹40.01 crore in Q4 FY2025-26.
- Comprehensive Income For The Period declined from ₹137.30 crore in Q3 FY2025-26 to ₹20.94 crore in Q4 FY2025-26.

### Bull Case

Carborundum Universal's weekly technical trend shows constructive signals, with the Super Trend indicator in a bullish direction and the 20-day Exponential Moving Average (EMA) showing a positive slope. The stock has also demonstrated significant positive returns over the past six months (46%) and year-to-date (31%). While the daily and monthly trends are currently indicated as bearish, the weekly momentum suggests potential for upward movement, supported by the price trading above its 20-day Simple Moving Average (SMA).

- The weekly Super Trend indicator is currently in a bullish direction as of 2026-09-18.
- The stock has achieved a 46% return in the last six months and a 31% return year-to-date.
- The 20-day EMA slope on the weekly chart is positive, indicating upward momentum.
- The current closing price of ₹1124.4 is above the 20-day SMA of ₹1098.9 on the weekly chart.

- India’s defence start-up boom is outrunning its talent pipeline

### Bear Case

The company's technical indicators suggest a cautionary outlook. The daily trend shows a bearish Supertrend direction, with the closing price of ₹1124.4 below the Supertrend value of ₹1163.89. Similarly, the monthly trend also indicates a bearish Supertrend direction, with the closing price below the Supertrend value of ₹1201.72. The monthly Average Directional Index (ADX) at 66.15 indicates a strong trend, but the combination of a bearish Supertrend and a lower Plus Directional Indicator (16.67) compared to the Minus Directional Indicator (17.29) on a monthly basis warrants attention. The company has experienced a current drawdown of -14% and a maximum drawdown of -43%, indicating significant past price volatility. While recent returns show strength over longer periods like 6 months (46%) and 1 year (14%), the return since inception is negative (-13%).

- The daily Supertrend direction is bearish as of 2026-09-18.
- The monthly Supertrend direction is bearish as of 2026-09-18.
- The company has a current drawdown of -14% and a maximum drawdown of -43%.
- The return since inception is -13%.

- India’s defence start-up boom is outrunning its talent pipeline

### FAQs

**What were Carborundum Universal's recent sales and profit figures for Q1 FY'27?**

For the first quarter of fiscal year 2027 (Q1 FY'27), Carborundum Universal reported standalone sales of ₹846 crores, an increase of 21.2% year-over-year. Consolidated sales were ₹1,411 crores, up 16.9% year-over-year. Standalone profit after tax (PAT) was ₹88 crores (up 14.3% year-over-year, excluding a one-time dividend), and consolidated PAT was ₹76 crores (up 23.4% year-over-year).

**What changes has Carborundum Universal made to its growth guidance and what is happening with CUMI Awuko Abrasives and Foskor Zirconia?**

The company revised its FY'27 consolidated sales growth guidance to 15% (excluding Foskor Zirconia and Awuko). The guidance for the Ceramics segment growth is now 23%-25%. CUMI Awuko Abrasives in Germany is undergoing voluntary winding up, and Foskor Zirconia is being evaluated for closure or divestment, with updates expected in the next quarter.

**Who has been appointed as the new Chief Financial Officer (CFO) and Key Managerial Personnel (KMP)?**

Mr. Sriram Seshadri was appointed as the Chief Financial Officer and Key Managerial Personnel of Carborundum Universal Limited, effective September 7, 2026. He is 55 years old and has over 30 years of experience in finance, most recently serving as Vice President – Business Controller at Endurance Technologies.

**What is the current technical trend and key price levels for Carborundum Universal as of September 18, 2026?**

As of September 18, 2026, the daily trend for Carborundum Universal is indicated as bearish by the Supertrend indicator at ₹1163.89. The weekly trend, however, is bullish with the Supertrend at ₹911.66. Key support levels are observed near ₹1124.33 and ₹1111.58, while resistance is noted around ₹1133.21 and ₹1153.77.

- India’s defence start-up boom is outrunning its talent pipeline
- Carborundum Universal Limited has informed the Exchange regarding appointment of Mr. Sriram Seshadri as Chief Financial Officer & KMP of the Company w.e.f. September 07, 2026. |SUBJECT: Appointment
- Carborundum Universal Limited has informed the Exchange about Copy of Newspaper Publication regarding notice of special window for re-lodgement of transfer requests of physical shares. |SUBJECT: Copy of Newspaper Publication
- Carborundum Universal Limited has informed the Exchange about Environment, Social and Governance ( ESG ) rating by Crisil ESG Ratings & Analytics Limited |SUBJECT: General Updates
- Carborundum Universal Limited has informed the Exchange about Transcript of the Investor call held on Aug 10, 206. |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Carborundum Universal Limited has informed the Exchange about Transcripts - earnings or quarterly calls |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Weak Uptrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,074.53
- Risk regime: Price Risk Requires Attention

### Support levels
- 1111.575
- 1052.55
- 990.1

### Resistance levels
- 1133.2125
- 1158.7
- 1256.525

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.77% |
| return_10 | +4.30% |
| return_1m | -0.14% |
| return_1y | +13.88% |
| return_20 | -1.16% |
| return_3m | -5.69% |
| return_5 | +3.14% |
| return_6m | +46.46% |
| return_since_start | -13.28% |
| return_ytd | +30.78% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -42.60% |
| annualized_volatility | +34.24% |

## Quarterly financials

- Latest complete quarter: fy26_q4

# Revenue Surges, but Exceptional Charge Drives Bottom-Line Loss

Carborundum Universal delivered its highest quarterly revenue in five quarters, growing nearly 15% year-on-year. However, the quarter’s financial outcome was dominated by a large one-time charge that turned a core operating profit into a reported pre-tax loss. The underlying business remained profitable, but the exceptional item pushed the bottom line into a net loss for the period. Other comprehensive income partially offset the loss, leaving total comprehensive income positive.

## Revenue Growth Accelerates

Revenue from operations reached ₹1,398.35 crore, an 8.33% increase from the previous quarter and a 14.89% increase compared with the same quarter last year. This was the highest revenue level recorded among the past five quarters.

## Divergence Between Core Profit and Reported Results

The quarter highlights a significant gap between core operating performance and reported pre-tax profit.

- **Core Performance**: Profit before exceptional items and tax was ₹96.12 crore. This was a 2.96% increase year-on-year but an 8.17% decline sequentially from the third quarter.
- **Reported Performance**: Profit before tax was a loss of ₹38.45 crore.

The difference of ₹134.57 crore corresponds entirely to an exceptional charge recorded during the quarter. This charge was large enough to erase the core operating profit and push the reported pre-tax result into negative territory. Core profit remains the primary indicator of the underlying business’s earning power, while the reported loss reflects the impact of a non-recurring item.

## Profit Margin Erodes as Costs Outpace Core Profit Growth

Revenue grew 14.89% year-on-year, but core profit before tax increased only 2.96%. This divergence signals that profit margins contracted.

The expense structure for the current quarter shows:
- Cost of materials consumed: ₹537.64 crore
- Employee benefit expense: ₹241.94 crore
- Depreciation: ₹64.53 crore
- A reduction in inventories of finished goods, work-in-progress and stock-in-trade that lowered total expenses by ₹37.05 crore.
- Finance costs rose to ₹6.25 crore, double the ₹3.13 crore recorded in the same quarter last year.

While the available expense data for previous quarters is not complete, the materially slower growth in core profit relative to revenue confirms that costs absorbed a larger share of the revenue increase.

## Tax Expense and Net Loss

Tax expense fell sharply to ₹10.20 crore, down 86.33% from ₹74.63 crore in the prior-year quarter, consistent with the reported pre-tax loss.

Consequently, the profit for the period moved from a profit of ₹30.10 crore a year ago to a net loss of ₹40.01 crore. The attributable split shows a loss of ₹17.59 crore to owners of the parent and a loss of ₹22.42 crore to non-controlling interests.

## Other Comprehensive Income Offsets the Net Loss

Despite the net loss, the company reported a positive total comprehensive income of ₹20.94 crore for the period. This was driven by other comprehensive income (OCI) of ₹60.95 crore. OCI has fluctuated over the past five quarters, ranging from ₹196.32 crore in the same quarter last year to ₹29.32 crore two quarters earlier. In the current period, the positive OCI was sufficient to offset the ₹40.01 crore net loss, resulting in a positive comprehensive income.

## Key Takeaway

The quarter was defined by a stark contrast between operational growth and financial reporting outcomes. Revenue expanded significantly, yet a substantial exceptional charge converted a ₹96 crore core profit into a reported net loss. While the underlying business generated a positive profit before the one-time item, the magnitude of the charge dictated the headline result. At the same time, the gap between revenue growth and core profit growth points to margin compression. Other comprehensive income provided a buffer, leaving total comprehensive income modestly positive.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_18092026175421_reg30_esg_sd.pdf)
- 2026-09-07 — Management Change: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_07092026090940_intimation_sd.pdf)
- 2026-09-03 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_03092026175951_intimation_sd.pdf)
- 2026-08-25 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_25082026112155_intimation_sd.pdf)
- 2026-08-14 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_14082026191754_transcript_intimation_sd.pdf)
- 2026-08-14 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_261_WebXMLFile_20260814_193404295.xml)
- 2026-08-07 — Generic Announcement: Carborundum Universal Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, on August 7, 2026. Standalone sales were Rs. 846 Cr, a 21.2% increase from the prior year quarter, with Profit After Tax (PAT) at Rs. 88 Cr. Consolidated sales reached Rs. 1411 Cr, a 16.9% year-over-year increase, and consolidated PAT was Rs. 76 Cr. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_07082026135853_outcome_sd_.pdf)
- 2026-08-07 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_07082026170501_intimation_esop_sd.pdf)
- 2026-08-07 — Generic Announcement: Carborundum Universal Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_261_WebXMLFile_20260807_171947444.xml)
- 2026-08-07 — Official Filing: The 72nd Annual General Meeting of Carborundum Universal Limited was held on August 7, 2026, via video conferencing. Key business transacted included the adoption of audited financial statements for the year ended March 31, 2026, declaration of a final dividend of Rs. 2.50 per equity share and confirmation of an interim dividend of Rs. 1.50 per equity share, re-appointment of a director, approval for commission payment to the Chairman for FY 2026-27, and ratification of remuneration for Cost Auditors for FY 2026-27. Voting results are expected within two working days.
- 2026-08-07 — Press Release: Carborundum Universal Limited's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, on August 7, 2026. Standalone sales were Rs. 846 Cr, a 21.2% increase from the prior year quarter, with Profit After Tax (PAT) at Rs. 88 Cr. Consolidated sales reached Rs. 1411 Cr, a 16.9% year-over-year increase, and consolidated PAT was Rs. 76 Cr. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_07082026140617_outcome_sd_.pdf)
- 2026-07-31 — Generic Announcement: On July 31, 2026, Carborundum Universal Limited allotted 5,000 equity shares of Re.1/- each under its ESOP Plan 2016. This allotment results in 19,04,98,502 equity shares outstanding and a paid-up equity share capital of Rs. 19,04,98,502/-. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_31072026201004_esop_sd.pdf)
- 2026-07-31 — Official Filing: Carborundum Universal Limited allotted 5,000 equity shares on July 31, 2026, under its ESOP/ESPS scheme. This allotment increased the company's paid-up share capital from INR 190,493,502 to INR 190,498,502.
- 2026-07-30 — Generic Announcement: Carborundum Universal Limited will hold an investor call on August 10, 2026, at 11:00 IST, organized by DAM Capital Advisors Ltd, to discuss the unaudited financial results for the quarter ended July 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_30072026170928_intimation_sd.pdf)
- 2026-07-30 — Official Filing: Carborundum Universal Limited will hold an Earning/Quarterly Call on August 10, 2026, at 11:00 AM IST to discuss the unaudited financial results for the quarter ended June 30, 2026. The virtual group meeting, hosted by DAM Capital Advisors Ltd, is open to all investors and the general public. Further details and dial-in numbers are available via a provided weblink.
- 2026-07-28 — Official Filing: Carborundum Universal Limited will hold a board meeting on August 7, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended June 2026. The trading window for the company's securities will be closed from July 1, 2026, to August 9, 2026.
- 2026-07-17 — Generic Announcement: Mahindra Manulife Trustee Private Limited has approved the declaration of Income Distribution cum Capital Withdrawal (IDCW) for Mahindra Manulife Arbitrage Fund. The IDCW quantum is Rs. 0.60 per unit for both Regular Plan - IDCW Option and Direct Plan – IDCW Option. The record date for this distribution is July 21, 2026. Separately, National Stock Exchange of India Ltd. has announced a last date for filing complaints against Gulita Securities Ltd. for surrendering its trading membership as August 16, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_17072026202802_intimation_sd.pdf)
- 2026-07-16 — Generic Announcement: Carborundum Universal Limited will hold its 72nd Annual General Meeting on August 7, 2026, via video conference. The meeting will cover the adoption of audited financial statements for the year ended March 31, 2026, and a final dividend of ₹2.50 per equity share. Shareholders will also vote on the re-appointment of Mr. Muthiah Murugappan as a Director and approve remuneration for the Non-Executive Chairman, not exceeding ₹1,00,00,000 for FY 2026-27. The remuneration of the Cost Auditor, M/s. S Mahadevan & Co, for ₹5,00,000 for FY 2026-27 is also up for ratification. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_16072026211439_ar_sd.pdf)
- 2026-07-16 — Generic Announcement: Carborundum Universal Limited submitted its Business Responsibility and Sustainability Report for the Financial Year 2025-26 on July 16, 2026, along with an Independent Assurance Report. The report details the company's operations, including its main business activities in abrasives, electrominerals, and refractories & ceramics, which accounted for 41.87%, 25.16%, and 32.97% of turnover respectively. The company serves 23 states and 4 union territories nationally and exports to 67 countries, with exports comprising 31% of total turnover. The report also outlines the company's paid-up capital of ₹190,492,502 and its commitment to sustainability initiatives, including targets for GHG emission intensity reduction, water intensity reduction, waste intensity reduction, and renewable energy adoption. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_16072026212810_brsr_sd.pdf)
- 2026-07-15 — Generic Announcement: Carborundum Universal Limited submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. The company's Registrar and Share Transfer Agent, KFin Technologies Limited, confirmed that details of securities dematerialized/rematerialized during this period have been furnished to all relevant stock exchanges. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_15072026184223_74_5_sd.pdf)
- 2026-07-14 — Generic Announcement: Carborundum Universal Limited is publishing newspaper advertisements to inform shareholders about a special window for the transfer and dematerialization of physical securities, open from February 1, 2027, to February 28, 2027. This initiative is in accordance with a SEBI Circular dated January 30, 2026, and aims to facilitate the transfer of shares where transfer deeds were executed before April 2019 but were not lodged or were rejected. Shareholders are advised to submit necessary documents to the company's Registrar and Transfer Agent, MUFG Investor Services India Private Limited. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_14072026212220_intimation_sd.pdf)
- 2026-07-09 — Generic Announcement: Carborundum Universal Limited published advertisements on July 9, 2026, in Business Standard and Makkal Kural regarding its 72nd Annual General Meeting scheduled for August 7, 2026, to be held via Video Conferencing/Other Audio Visual Means. This action is in compliance with the Companies Act, 2013, and SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_09072026191021_intimation_sd.pdf)
- 2026-06-26 — Management Change: Mr. Ajit Kolhe, Head- Information Technology and Senior Management at Carborundum Universal Limited, is stepping down effective June 26, 2026, to pursue external career opportunities. His resignation was submitted on June 26, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_26062026181127_Intimation-sd.pdf)
- 2026-06-24 — Generic Announcement: Carborundum Universal Limited will close its trading window from July 1, 2026, to August 9, 2026, to comply with its Code of Conduct regarding trading by designated persons, in anticipation of the publication of unaudited financial results for the quarter ending June 30, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/CARBORUNIV_24062026113142_intimation_sd_.pdf)
- 2026-06-17 — Shareholding Disclosure: Ambadi Investments Limited, on behalf of the Promoters and Promoter Group of Carborundum Universal Limited, confirmed that no new encumbrances were made during the financial year 2025-26, other than those already disclosed. This disclosure is made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. — [Official attachment](https://nsearchives.nseindia.com/corporate/team_sandeshc_15062026124745_42.pdf)

## News and market events

- 2026-09-18 — The Hindu: **India’s defence start-up boom is outrunning its talent pipeline** — India's booming defense sector faces a talent gap, risking future growth and innovation without targeted skills development. — [Source](https://www.thehindu.com/education/indias-defence-start-up-boom-is-outrunning-its-talent-pipeline/article71476007.ece)
- 2026-08-07 — The Hindu: **Carborundum Universal Q1 profit up 23%** — Murugappa Group company Carborundum Universal reported a positive set of results for the quarter ended June 2026 (Q1FY27). Consolidated net profit (after tax and non-controlling interest) was ₹76 crore, a 23 per cent growth compared to ₹62 crore in Q1FY26. In the quarter, consolidated sales stood at ₹1,411 crore, growing by around 17 per cent compared to sales of ₹1,207 crore in Q1FY26 — [Source](https://www.thehindubusinessline.com/companies/carborundum-universal-q1-profit-up-23/article71317787.ece)
- 2026-08-07 — CNBC-TV18: **Carborundum Universal Q1 Results: Profit, revenue rise from last year, margins narrow; Stock volatile** — Carborundum Universal's earnings before interest, taxes, depreciation and amortization (EBITDA) increased 11.4% to 135.1 crore from 121.3 crore in the first quarter last year. Its margin however contracted to 9.5% from 9.9% in the year-ago period. — [Source](https://www.cnbctv18.com/market/carborundum-universal-q1-results-profit-revenue-margin-abrasives-electro-mineral-murugappa-share-price-19964186.htm)
- 2026-08-07 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: SBI top gainer, up 4%; Nifty below 24,600** — Sensex Today | Stock Market Live Updates: We are halfway through the day's trade and the market is moving on a cautious note, but now has extended the cuts, while holding key levels, as the Nifty remains above 24,600 as it looks to move ahead. The Nifty Bank is down close to 300 points, falling below the 57,900 mark. Tech Mahindra, TCS and HCLTech are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-cas-tata-hero-pgel-lic-sci-sbi-ncc-premier-crompton-midcaps-share-price-liveblog-19963799.htm)

## Business profile

**Strategic vision:** Materials science engineering solutions provider with integrated operations.

### Business segments
- **Abrasives:** Provides abrasive solutions with a value chain integrated approach from material to delivery, including bonded abrasives, coated abrasives, and cutting and grinding wheels.
- **Electrominerals:** Specializes in products like Brown Fused Alumina, White Fused Alumina, and Silicon Carbide, vertically integrated from mining and calcination of bauxite.
- **Industrial Ceramics:** Focuses on technical ceramic solutions using materials like Alumina and Zirconia for properties such as wear protection and electrical resistance.
- **Refractories (Super Refractories & Prodorite Division):** Manufactures specialty refractory products for high-temperature applications and acid-proof cement, polymer concrete products, and FRP fabrication systems.

### Competitive strengths
- Integrated operations across the value chain from mining to distribution.
- Global manufacturing presence and export network.
- Diversified business segments serving a wide range of industries.
- Focus on research and development for product innovation.

## Related stocks

- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%
- [3MINDIA (Diversified)](https://faxioms.com/stocks/3mindia) — +5.50%
- [AADHARHFC](https://faxioms.com/stocks/aadharhfc) — -1.42%
- [AARTIIND](https://faxioms.com/stocks/aartiind) — +3.19%
- [AAVAS](https://faxioms.com/stocks/aavas) — -1.07%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/carboruniv
Markdown representation: https://faxioms.com/stocks/carboruniv?render=md