Carborundum Universal Future Growth

Future criteria checks 1/6

Carborundum Universal is forecast to grow earnings and revenue by 16.6% and 10.6% per annum respectively. EPS is expected to grow by 16.7% per annum. Return on equity is forecast to be 16.4% in 3 years.

Key information

16.6%

Earnings growth rate

16.7%

EPS growth rate

Chemicals earnings growth	19.8%
Revenue growth rate	10.6%
Future return on equity	16.4%
Analyst coverage	Good
Last updated	15 Apr 2024

Recent future growth updates

Earnings Miss: Carborundum Universal Limited Missed EPS By 6.8% And Analysts Are Revising Their Forecasts

Feb 04

Recent updates

Does Carborundum Universal (NSE:CARBORUNIV) Deserve A Spot On Your Watchlist?

Mar 06

Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)

Feb 19

Earnings Miss: Carborundum Universal Limited Missed EPS By 6.8% And Analysts Are Revising Their Forecasts

Feb 04

Subdued Growth No Barrier To Carborundum Universal Limited's (NSE:CARBORUNIV) Price

Jan 21

Do Carborundum Universal's (NSE:CARBORUNIV) Earnings Warrant Your Attention?

Dec 06

Returns On Capital At Carborundum Universal (NSE:CARBORUNIV) Have Hit The Brakes

Nov 21

Is Carborundum Universal (NSE:CARBORUNIV) Using Too Much Debt?

Nov 06

Here's Why We Think Carborundum Universal (NSE:CARBORUNIV) Is Well Worth Watching

Aug 22

At ₹768, Is It Time To Put Carborundum Universal Limited (NSE:CARBORUNIV) On Your Watch List?

Jul 08

Carborundum Universal's (NSE:CARBORUNIV) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 24

These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Reasonably Well

Jun 08

Carborundum Universal (NSE:CARBORUNIV) Is Paying Out A Larger Dividend Than Last Year

May 24

I Ran A Stock Scan For Earnings Growth And Carborundum Universal (NSE:CARBORUNIV) Passed With Ease

Apr 29

Is It Time To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?

Feb 28

Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50

Feb 12

Does Carborundum Universal (NSE:CARBORUNIV) Have A Healthy Balance Sheet?

Jan 17

Return Trends At Carborundum Universal (NSE:CARBORUNIV) Aren't Appealing

Dec 27

Is It Too Late To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?

Nov 22

Here's Why I Think Carborundum Universal (NSE:CARBORUNIV) Is An Interesting Stock

Oct 13

Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)

Sep 16

Carborundum Universal (NSE:CARBORUNIV) Could Easily Take On More Debt

Aug 26

Is There Now An Opportunity In Carborundum Universal Limited (NSE:CARBORUNIV)?

Aug 14

Is Now The Time To Put Carborundum Universal (NSE:CARBORUNIV) On Your Watchlist?

Jul 14

Here's What To Make Of Carborundum Universal's (NSE:CARBORUNIV) Decelerating Rates Of Return

Jun 02

These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Safely

May 21

Carborundum Universal Limited (NSE:CARBORUNIV) Is An Attractive Dividend Stock - Here's Why

May 09

Should You Think About Buying Carborundum Universal Limited (NSE:CARBORUNIV) Now?

Apr 29

Do Carborundum Universal's (NSE:CARBORUNIV) Earnings Warrant Your Attention?

Mar 28

Could The Carborundum Universal Limited (NSE:CARBORUNIV) Ownership Structure Tell Us Something Useful?

Mar 17

Is Carborundum Universal Limited's(NSE:CARBORUNIV) Recent Stock Performance Tethered To Its Strong Fundamentals?

Mar 06

Returns On Capital At Carborundum Universal (NSE:CARBORUNIV) Paint An Interesting Picture

Feb 24

Have Carborundum Universal Limited (NSE:CARBORUNIV) Insiders Been Selling Their Stock?

Feb 13

Earnings and Revenue Growth Forecasts

NSEI:CARBORUNIV - Analysts future estimates and past financials data (INR Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
3/31/2027	62,653	7,160	N/A	N/A	1
3/31/2026	59,696	6,769	5,637	N/A	10
3/31/2025	52,964	5,713	5,547	N/A	11
3/31/2024	46,802	4,526	3,893	N/A	9
12/31/2023	47,006	4,635	N/A	N/A	N/A
9/30/2023	47,362	4,613	4,845	7,114	N/A
6/30/2023	47,177	4,484	N/A	N/A	N/A
3/31/2023	46,543	4,140	1,284	4,302	N/A
12/31/2022	43,240	3,339	N/A	N/A	N/A
9/30/2022	40,361	3,264	-1,527	1,194	N/A
6/30/2022	37,530	3,350	N/A	N/A	N/A
3/31/2022	33,248	3,334	802	2,445	N/A
12/31/2021	32,120	3,668	N/A	N/A	N/A
9/30/2021	30,464	3,529	1,671	2,933	N/A
6/30/2021	28,937	3,417	N/A	N/A	N/A
3/31/2021	26,317	2,843	3,443	4,508	N/A
12/31/2020	24,691	2,861	N/A	N/A	N/A
9/30/2020	23,849	2,613	4,354	5,419	N/A
6/30/2020	23,771	2,394	N/A	N/A	N/A
3/31/2020	25,990	2,724	2,777	4,069	N/A
12/31/2019	27,071	2,420	N/A	N/A	N/A
9/30/2019	27,506	2,372	1,028	2,334	N/A
6/30/2019	27,260	2,376	N/A	N/A	N/A
3/31/2019	26,889	2,477	1,056	2,018	N/A
12/31/2018	26,363	2,516	N/A	N/A	N/A
9/30/2018	25,551	2,478	N/A	N/A	N/A
6/30/2018	24,826	2,383	N/A	N/A	N/A
3/31/2018	23,678	2,156	1,191	2,130	N/A
12/31/2017	22,782	1,942	N/A	N/A	N/A
9/30/2017	21,939	1,836	N/A	N/A	N/A
6/30/2017	21,265	1,749	N/A	N/A	N/A
3/31/2017	21,125	1,749	N/A	2,953	N/A
12/31/2016	21,954	1,701	N/A	N/A	N/A
9/30/2016	21,642	1,567	N/A	N/A	N/A
6/30/2016	21,298	1,497	N/A	N/A	N/A
3/31/2016	19,440	1,441	N/A	1,778	N/A
12/31/2015	20,263	1,691	N/A	N/A	N/A
9/30/2015	19,970	1,604	N/A	N/A	N/A
6/30/2015	20,241	1,385	N/A	N/A	N/A
3/31/2015	20,502	1,326	N/A	3,258	N/A
12/31/2014	21,100	915	N/A	N/A	N/A
9/30/2014	21,292	798	N/A	N/A	N/A
6/30/2014	21,408	912	N/A	N/A	N/A
3/31/2014	21,253	915	N/A	1,533	N/A
12/31/2013	20,763	786	N/A	N/A	N/A
9/30/2013	20,042	762	N/A	N/A	N/A
6/30/2013	19,740	815	N/A	N/A	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: CARBORUNIV's forecast earnings growth (16.6% per year) is above the savings rate (6.7%).

Earnings vs Market: CARBORUNIV's earnings (16.6% per year) are forecast to grow slower than the Indian market (17.9% per year).

High Growth Earnings: CARBORUNIV's earnings are forecast to grow, but not significantly.

Revenue vs Market: CARBORUNIV's revenue (10.6% per year) is forecast to grow slower than the Indian market (10.6% per year).

High Growth Revenue: CARBORUNIV's revenue (10.6% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: CARBORUNIV's Return on Equity is forecast to be low in 3 years time (16.4%).

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Carborundum Universal Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

Earnings Miss: Carborundum Universal Limited Missed EPS By 6.8% And Analysts Are Revising Their Forecasts

Price target decreased by 7.3% to ₹1,239

Price target increased by 7.7% to ₹1,180

Price target increased by 9.1% to ₹1,072

Price target increased to ₹855

Price target increased to ₹688

Recent updates

Carborundum Universal Limited Appoints R Rammohan as Corporate Head- EHS

Does Carborundum Universal (NSE:CARBORUNIV) Deserve A Spot On Your Watchlist?

Investors Met With Slowing Returns on Capital At Carborundum Universal (NSE:CARBORUNIV)

Upcoming dividend of ₹1.50 per share at 0.3% yield

Earnings Miss: Carborundum Universal Limited Missed EPS By 6.8% And Analysts Are Revising Their Forecasts

Dividend of ₹1.50 announced

Third quarter 2024 earnings: EPS and revenues miss analyst expectations

Carborundum Universal Limited Declares Interim Dividend for the Year Ending March 31, 2024, Payable by February 28, 2024

Subdued Growth No Barrier To Carborundum Universal Limited's (NSE:CARBORUNIV) Price

Carborundum Universal Limited to Report Q3, 2024 Results on Jan 31, 2024

Do Carborundum Universal's (NSE:CARBORUNIV) Earnings Warrant Your Attention?

Returns On Capital At Carborundum Universal (NSE:CARBORUNIV) Have Hit The Brakes

Is Carborundum Universal (NSE:CARBORUNIV) Using Too Much Debt?

Price target decreased by 7.3% to ₹1,239

Second quarter 2024 earnings: EPS and revenues miss analyst expectations

Carborundum Universal Limited to Report Q2, 2024 Results on Oct 27, 2023

Here's Why We Think Carborundum Universal (NSE:CARBORUNIV) Is Well Worth Watching

Returns At Carborundum Universal (NSE:CARBORUNIV) Appear To Be Weighed Down

Carborundum Universal Limited Declares Final Dividend for the Year Ended March 31, 2023

Carborundum Universal Limited to Report Q1, 2024 Results on Aug 02, 2023

Upcoming dividend of ₹2.00 per share at 0.3% yield

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Carborundum Universal (NSE:CARBORUNIV) Has Affirmed Its Dividend Of ₹2.00

Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹2.00

Carborundum Universal Limited Announces Retirement of N Ananthaseshan as Managing Director, Effective August 2, 2023

Carborundum Universal Limited Announces Board Changes

Carborundum Universal (NSE:CARBORUNIV) Has A Pretty Healthy Balance Sheet

Price target increased by 7.7% to ₹1,180

Carborundum Universal (NSE:CARBORUNIV) Has Announced A Dividend Of ₹2.00

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Carborundum Universal Limited, Annual General Meeting, Aug 02, 2023

Price target increased by 9.1% to ₹1,072

Upcoming dividend of ₹1.50 per share at 0.4% yield

Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50

Carborundum Universal Limited Declares Interim Dividend for the Year Ending March 31, 2023, Payable on February 28, 2023

Third quarter 2023 earnings released: EPS: ₹5.75 (vs ₹5.35 in 3Q 2022)

We Think Carborundum Universal (NSE:CARBORUNIV) Can Stay On Top Of Its Debt

Carborundum Universal Limited to Report Nine Months, 2023 Results on Jan 31, 2023

The Returns At Carborundum Universal (NSE:CARBORUNIV) Aren't Growing

Insufficient new directors

Second quarter 2023 earnings: EPS misses analyst expectations

Carborundum Universal Limited to Report Q2, 2023 Results on Oct 28, 2022

Carborundum Universal (NSE:CARBORUNIV) Hasn't Managed To Accelerate Its Returns

Insufficient new directors

Carborundum Universal Limited Approves Final Dividend for the Year 2021-22

Carborundum Universal Limited to Report Q1, 2023 Results on Aug 01, 2022

Upcoming dividend of ₹2.00 per share

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Carborundum Universal (NSE:CARBORUNIV) Is Increasing Its Dividend To ₹2.00

Carborundum Universal Limited Recommends Final Dividend for the Year Ended 31 March 2022, Payable on 25 August 2022

At ₹768, Is It Time To Put Carborundum Universal Limited (NSE:CARBORUNIV) On Your Watch List?

Carborundum Universal's (NSE:CARBORUNIV) Shareholders Will Receive A Bigger Dividend Than Last Year

These 4 Measures Indicate That Carborundum Universal (NSE:CARBORUNIV) Is Using Debt Reasonably Well

Carborundum Universal (NSE:CARBORUNIV) Is Paying Out A Larger Dividend Than Last Year

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Carborundum Universal Limited Recommends Final Dividend for the Year Ended 31 March 2022

I Ran A Stock Scan For Earnings Growth And Carborundum Universal (NSE:CARBORUNIV) Passed With Ease

Is It Time To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?

Upcoming dividend of ₹1.50 per share

Carborundum Universal's (NSE:CARBORUNIV) Dividend Will Be ₹1.50

Carborundum Universal Limited to Report Q3, 2022 Results on Feb 10, 2022

Carborundum Universal Limited Approves Interim Dividend for the Year Ending 31 March 2022, Payable by 8 March 2022

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Does Carborundum Universal (NSE:CARBORUNIV) Have A Healthy Balance Sheet?

Return Trends At Carborundum Universal (NSE:CARBORUNIV) Aren't Appealing

Is It Too Late To Consider Buying Carborundum Universal Limited (NSE:CARBORUNIV)?

Price target increased to ₹855

Second quarter 2022 earnings released: EPS ₹5.15 (vs ₹4.56 in 2Q 2021)

Here's Why I Think Carborundum Universal (NSE:CARBORUNIV) Is An Interesting Stock