Carborundum Universal Limited, together with its subsidiaries, engages in the manufacture and sale of abrasives, ceramics, and electro minerals in India and internationally.
Carborundum Universal Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹868.45|
|52 Week High||₹239.15|
|52 Week Low||₹956.95|
|1 Month Change||-0.45%|
|3 Month Change||31.75%|
|1 Year Change||253.46%|
|3 Year Change||139.87%|
|5 Year Change||209.88%|
|Change since IPO||4,803.04%|
Recent News & Updates
|513375||IN Chemicals||IN Market|
Return vs Industry: 513375 exceeded the Indian Chemicals industry which returned 63.6% over the past year.
Return vs Market: 513375 exceeded the Indian Market which returned 61% over the past year.
Stable Share Price: 513375 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 513375's weekly volatility (5%) has been stable over the past year.
About the Company
Carborundum Universal Limited, together with its subsidiaries, engages in the manufacture and sale of abrasives, ceramics, and electro minerals in India and internationally. The company operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. It offers bonded and coated abrasives, processed cloth products, polymers, power tools, and coolants; and electro minerals, including fused alumina, silicon carbide, fused zirconia, aluminum zirconia, pearl zirconia, and zircon mullite.
Carborundum Universal Fundamentals Summary
|513375 fundamental statistics|
Is 513375 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|513375 income statement (TTM)|
|Cost of Revenue||₹11.07b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 01, 2021
|Earnings per share (EPS)||18.01|
|Net Profit Margin||11.81%|
How did 513375 perform over the long term?See historical performance and comparison
0.3%Current Dividend Yield
Is Carborundum Universal undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 513375 (₹846.6) is trading above our estimate of fair value (₹351.49)
Significantly Below Fair Value: 513375 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 513375 is poor value based on its PE Ratio (47x) compared to the Indian Chemicals industry average (18.6x).
PE vs Market: 513375 is poor value based on its PE Ratio (47x) compared to the Indian market (21.2x).
Price to Earnings Growth Ratio
PEG Ratio: 513375 is poor value based on its PEG Ratio (4.1x)
Price to Book Ratio
PB vs Industry: 513375 is overvalued based on its PB Ratio (7.5x) compared to the IN Chemicals industry average (2.3x).
How is Carborundum Universal forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 513375's forecast earnings growth (11.4% per year) is above the savings rate (6.7%).
Earnings vs Market: 513375's earnings (11.4% per year) are forecast to grow slower than the Indian market (19.3% per year).
High Growth Earnings: 513375's earnings are forecast to grow, but not significantly.
Revenue vs Market: 513375's revenue (11.1% per year) is forecast to grow slower than the Indian market (13.1% per year).
High Growth Revenue: 513375's revenue (11.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 513375's Return on Equity is forecast to be low in 3 years time (16.5%).
How has Carborundum Universal performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 513375 has high quality earnings.
Growing Profit Margin: 513375's current net profit margins (11.8%) are higher than last year (10.1%).
Past Earnings Growth Analysis
Earnings Trend: 513375's earnings have grown by 12.9% per year over the past 5 years.
Accelerating Growth: 513375's earnings growth over the past year (42.7%) exceeds its 5-year average (12.9% per year).
Earnings vs Industry: 513375 earnings growth over the past year (42.7%) underperformed the Chemicals industry 45.2%.
Return on Equity
High ROE: 513375's Return on Equity (16.2%) is considered low.
How is Carborundum Universal's financial position?
Financial Position Analysis
Short Term Liabilities: 513375's short term assets (₹17.1B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: 513375's short term assets (₹17.1B) exceed its long term liabilities (₹445.3M).
Debt to Equity History and Analysis
Debt Level: 513375's debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 513375's debt to equity ratio has reduced from 24.5% to 2.9% over the past 5 years.
Debt Coverage: 513375's debt is well covered by operating cash flow (702%).
Interest Coverage: 513375 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Carborundum Universal current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 513375's dividend (0.35%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 513375's dividend (0.35%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).
Stability and Growth of Payments
Stable Dividend: 513375's dividend payments have been volatile in the past 10 years.
Growing Dividend: 513375's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (16.6%), 513375's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 513375's dividends in 3 years are forecast to be well covered by earnings (17.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
N. Ananthaseshan (59 yo)
Mr. N. Ananthaseshan has been Managing Director (Designate) of Carborundum Universal Limited since November 23, 2019. Mr. Ananthaseshan served as President of Abrasives at Carborundum Universal Ltd. He ser...
CEO Compensation Analysis
Compensation vs Market: N.'s total compensation ($USD208.70K) is below average for companies of similar size in the Indian market ($USD425.15K).
Compensation vs Earnings: N.'s compensation has been consistent with company performance over the past year.
Experienced Management: 513375's management team is considered experienced (3.2 years average tenure).
Experienced Board: 513375's board of directors are considered experienced (4.4 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 513375 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Carborundum Universal Limited's employee growth, exchange listings and data sources
- Name: Carborundum Universal Limited
- Ticker: 513375
- Exchange: BSE
- Founded: 1954
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: ₹160.654b
- Shares outstanding: 189.76m
- Website: https://www.cumi-murugappa.com
Number of Employees
- Carborundum Universal Limited
- Parry House
- 43, Moore Street
- Tamil Nadu
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/26 12:02|
|End of Day Share Price||2021/10/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.