# Carborundum Universal share price today (Carborundum Universal Ltd, NSE: CARBORUNIV) > Carborundum Universal share price today: ₹1,110.10 at the NSE close on 3 November 2026, up 23.3% in a year. Carborundum Universal (NSE: CARBORUNIV) is worth ₹21,154 crore, trades at a P/E of 84.4 and has closed between ₹755.60 and ₹1,278.50 over the past 52 weeks. > Carborundum Universal Ltd's share price has risen faster than its earnings: +23.3% in a year, against −33.5% for earnings per share. CARBORUNIV · Abrasives & Grinding Wheels · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/carborundum-universal-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from fewer quarters than usual - Price: ₹1,110.10 (+23.3% in a year) - P/E: 84.4× (higher than 96% of the last 11 years) - Revenue (Jun 2026): ₹1,427 Cr (+17.1% on a year ago) - Profit (Jun 2026): ₹80.0 Cr (+33.3% on a year ago) - Operating margin: 9.0% (−1.0 points on a year ago) - ROCE: 11%, FY26 - Profit that came in as cash: 135%, last 3 years The main question: the share price moved +23.3% in a year while yearly earnings per share moved −33.5%. The difference came from the market paying a higher multiple. ## What is the Carborundum Universal share price today? Carborundum Universal Ltd's share price was ₹1,110.10 at the close on 3 November 2026. It has been rising for 24 weeks. That is 5.4% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹756 and ₹1,279, and at that close it sat 68% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 8 weeks in a row. Over the last 11 years the share price moved +542% while the NIFTY 500 moved +241%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Carborundum Universal this quarter? Three changes stood out: lowest operating margin in 15 quarters, revenue up on a year earlier for 8 quarters in a row and indian funds and insurers (DIIs) cut their stake for 3 quarters in a row. 1. Lowest operating margin in 15 quarters Operating margin was 9% in the June 2026 quarter, against 10% a year earlier. Why: Costs rose more than prices did. Oil-based inputs and fuel got dearer, and seasonal volume loss in Abrasives hurt, while Ceramics also carried higher fuel and alumina costs and costs from new lines not yet fully used. Next results: check whether Abrasives margins recover as prices rise and costs are absorbed better. From the earnings call on 10 Aug 2026. 2. Revenue up on a year earlier for 8 quarters in a row In the June 2026 quarter revenue was ₹1,427 crore, +17.1% on a year earlier. Why: The company sold more across its three main businesses. Abrasives grew at home and abroad, Electrominerals exports and treated products did better, and Ceramics demand improved. Next results: check whether Ceramics sales grow 23-25% as management now expects. From the earnings call on 10 Aug 2026. 3. Indian funds and insurers (DIIs) cut their stake for 3 quarters in a row From 30% to 28.8% of the company by the September 2026 quarter. ## What are Carborundum Universal's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Carborundum Universal reported revenue of ₹1,427 crore, up 17.1% from ₹1,219 crore a year earlier, and a profit of ₹80.0 crore, up 33.3% from ₹60.0 crore. ### Carborundum Universal results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹1,427 crore | ₹1,219 crore | +17.1% | | Profit | ₹80.0 crore | ₹60.0 crore | +33.3% | | Earnings per share | ₹4.01 | ₹3.25 | +23.4% | | Operating margin | 9.0% | 10.0% | −1.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Carborundum Universal's management discussed these results on a call held on 10 August 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the Carborundum Universal share price history? Carborundum Universal closed at ₹1,110.10 on 3 November 2026, up 23.3% from ₹900.50 a year earlier (31 October 2025) and up 30.9% over five years. Its highest weekly close since March 2016 was ₹1,773.95 on 14 June 2024. ### Carborundum Universal share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹1,028.80 | +7.9% | | 1 month ago · 1 Oct 2026 | ₹1,239.70 | −10.5% | | 6 months ago · 30 Apr 2026 | ₹951.75 | +16.6% | | 1 year ago · 31 Oct 2025 | ₹900.50 | +23.3% | | 3 years ago · 3 Nov 2023 | ₹1,063.85 | +4.3% | | 5 years ago · 4 Nov 2021 | ₹848.25 | +30.9% | | 10 years ago · 4 Nov 2016 | ₹266.40 | +316.7% | | Earliest weekly close in our records · 18 Mar 2016 | ₹172.80 | +542.4% | | Highest weekly close since March 2016 · 14 Jun 2024 | ₹1,773.95 | −37.4% | | Lowest weekly close since March 2016 · 1 Apr 2016 | ₹171.25 | +548.2% | | 52-week high (weekly close) · 25 Sep 2026 | ₹1,278.50 | −13.2% | | 52-week low (weekly close) · 13 Mar 2026 | ₹755.60 | +46.9% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (563 weekly closes from 18 March 2016 to 3 November 2026.) ## What is the latest news on Carborundum Universal? 3 Nov 2026: Carborundum Universal closed at ₹1,110.10, up 7.9% on the week and down 10.5% on the month. 10 Aug 2026: Carborundum Universal held its results call for April to June 2026. Management guided: FY27 reported consolidated sales growth approximately 4-4.5%; comparable growth approximately 15% excluding Foskor and Awuko in both periods. ### Earlier - 31 Jul 2026: ex-date for a dividend of ₹2.50 a share. - Results for April to June 2026: Revenue up 17.1% and profit up 33.3% on a year earlier. - 4 Feb 2026: ex-date for an interim dividend of ₹1.50 a share. ## What dividend does Carborundum Universal pay? Carborundum Universal paid ₹4 a share in regular dividends in the 12 months to 4 November 2026 (2 payments), a yield of 0.36% at the ₹1,110.10 close on 3 November 2026. The last was a dividend of ₹2.50 a share, ex-date 31 July 2026. ### Carborundum Universal dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 31 Jul 2026 | ₹2.50 | Dividend | same day | | 4 Feb 2026 | ₹1.50 | Interim | same day | | 31 Jul 2025 | ₹2.50 | Dividend | same day | | 18 Feb 2025 | ₹1.50 | Interim | 19 Feb 2025 | | 22 Jul 2024 | ₹2.50 | Dividend | n/a | | 12 Feb 2024 | ₹1.50 | Interim | same day | | 25 Jul 2023 | ₹2 | Dividend | n/a | | 10 Feb 2023 | ₹1.50 | Interim | same day | | 21 Jul 2022 | ₹2 | Dividend | n/a | | 21 Feb 2022 | ₹1.50 | Interim | 22 Feb 2022 | | 22 Jul 2021 | ₹1.50 | Dividend | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Carborundum Universal Ltd paid out 39% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Carborundum Universal management say on the latest results call? On the call for April to June 2026, held on 10 August 2026, Carborundum Universal's management guided: FY27 reported consolidated sales growth approximately 4-4.5%; comparable growth approximately 15% excluding Foskor and Awuko in both periods. > “We always wait at least 4-8 quarters to see whether these are temporary trends or whether fundamental conditions are changing.” > Rangarajan, MD, on the call for April to June 2026 ### What management guided - FY27 segment sales: Abrasives 5.5-6% reported and 11-12% excluding Awuko; Ceramics 23-25%; Electrominerals down 6.5-7% reported and up 9-10% excluding Foskor. - Full-year consolidated margins: Abrasives around 9.5-10% excluding Awuko loss, Ceramics 20.5-21%, Electrominerals 9-9.5% excluding Foskor loss. - FY27 consolidated capital spending about ₹400 crore. - RODIUS FY27 sales growth 5% with a small profit loss. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/1618/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 10 August 2026.) ## What to watch in Carborundum Universal's next results? When Carborundum Universal reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Standalone Abrasives margin recovery after seasonal volume and oil-linked cost pressure - check price realization and cost absorption next quarter. - What to check (from the call) - Standalone Abrasives margin recovery after seasonal volume and oil-linked cost pressure - check price realization and cost absorption next quarter. - Advanced Ceramics qualification and facility progress - check first commercial activity in Metallized Substrates and scaling in equipment components. - Awuko winding-up and Foskor resolution - check progress against stated milestones and any further operating losses. - VAW domestic profitability and cash flow - check whether sanctions alter operating conditions or local-market performance. ## Which stock lists is Carborundum Universal on? Carborundum Universal is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 365](https://www.sectoralpha.in/small-cap-stocks-india) ## Is Carborundum Universal profitable? Carborundum Universal Ltd earned ₹80.0 Cr of net profit in the Jun 2026 quarter, +33.3% on the same quarter a year earlier. Full-year FY26 profit was ₹168 Cr. Over 10 years profit has grown 0.8% a year on average. That is 5.6% of the quarter's revenue. The same quarter a year earlier earned ₹60.0 Cr. 1 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹168 Cr (−43.8% on the year before). Why profit moved: revenue changed +17.1% on a year earlier and the margin moved −1.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −36.0% and revenue +10.2%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Carborundum Universal make, and is it growing? Carborundum Universal Ltd reported ₹1,427 Cr of revenue in the Jun 2026 quarter, +17.1% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 10 years it has grown 10.4% a year on average. The last full year, FY26, came in at ₹5,206 Cr. The last four reported quarters add to ₹5,414 Cr. FY26 revenue was ₹5,206 Cr, +6.4% on the year before. Recent pace: the last four quarters grew +10.2% on average, against 10.4% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.2%, against +7.4% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −23.4%, against −37.2% a year (accelerating). ## How much of every ₹100 of sales does Carborundum Universal keep? Carborundum Universal Ltd's operating margin was 9.0% in the Jun 2026 quarter, 1.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 11.0% and 18.0%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −0.5 percentage points on the year while gross margin changed −3.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Carborundum Universal's profit turning into cash? Over the last 3 years, 135% of Carborundum Universal Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹367 Cr of operating cash against ₹168 Cr of profit. After ₹460 Cr of spending on assets, free cash was −₹93.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 135% of profit came in as cash: the cash cycle got 57 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.7× depreciation over three years. The next section checks what that spending is building. ## Where does Carborundum Universal's cash go? Carborundum Universal Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 187 days in FY26, up from 130 days in FY21. It spent ₹1,083 Cr on assets over the last 3 years. Customers take 62 days to pay, and stock sits for 200 days on average. At FY26 sales of ₹5,206 Cr, each day of that cycle ties up about ₹14.3 Cr, so roughly ₹2,667 Cr is tied up in the business at any time. FY26: customers took 62 days to pay and stock sat for 200 days, about 6.6 months of sales sitting as stock, for a full cycle of 187 days, longer than FY21's 130. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 200 days. Customers pay about 62 days after that. Suppliers are paid at 76 days. Together that makes the 187-day cycle. Spending on assets: ₹1,083 Cr over the last 3 years, against ₹650 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹141 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Carborundum Universal's P/E ratio, and how does it compare with its own history? Carborundum Universal Ltd's P/E is 84.4×, near the high end of its own history: higher than 96% of past readings. Its usual P/E (the middle reading) is 39.1×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹10.99. Why the multiple is where it is: over the past year earnings per share moved −33.5% while the price moved +23.3%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +5.5% a year; about −6.6% a year came from earnings growth and about +12.1 percentage points from the multiple (the market paying more); over 10 years the price moved +15.3% a year; about +4.5% a year came from earnings growth and about +10.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 55% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Carborundum Universal business getting better or worse? Carborundum Universal Ltd's business is turning around. Profit growth has swung from −48.5% at its low to −23.4%, improving for 3 quarters in a row, with ROCE falling at 11.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Carborundum Universal earn on its capital? Carborundum Universal Ltd earned a ROCE of 11% in FY26. That is up from a low of 10% in FY15. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 3.2% net margin and 0.99× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.2% net margin × 0.99× asset turnover × 1.35× leverage (assets divided by equity) ≈ 4.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 55% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Carborundum Universal have too much debt? Carborundum Universal Ltd had ₹413 Cr of borrowings against ₹3,900 Cr of equity in FY26, so its debt is 0.11× its equity. Its operating profit is 31 times its interest bill. Over 5 years borrowings went from ₹62.0 Cr to ₹413 Cr. Over the last 3 of those years it spent ₹1,083 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 55% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Carborundum Universal shareholding pattern? Promoters cut their stake in Carborundum Universal Ltd by 2.2 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 38.9% of the company. Foreign institutions moved −1.6 points over the same period, to 11.1%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: −2.2 points over 8 quarters, to 38.9%; Foreign institutions: −1.6 points over 8 quarters, to 11.1%; Domestic institutions: +0.7 points over 8 quarters, to 28.8%. Why the owners changed: promoters drove it (−2.2 points), together with foreign institutions (−1.6 points). They reduced their stake. ## How far is Carborundum Universal from balance-sheet trouble? For Carborundum Universal Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Carborundum Universal rank in its industry? 43.7 out of 100, rank 2 of 3 in Abrasives & Grinding Wheels, with 75% of the evidence available. Carborundum Universal Ltd scores 43.7 out of 100 against the 3 companies it is compared with in Abrasives & Grinding Wheels, ranking 2. Relative strength against the index is 10.5%, and revenue and profit growth are weak. The four parts add up to the total exactly: 9.2 + 9.3 + 6.9 + 18.3 = 43.7. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Carborundum Universal compared with? Carborundum Universal ranks 2 of 3 Abrasives & Grinding Wheels companies on the 4-Factor Sector Score, with 43.7 out of 100. 1. [Grindwell Norton Ltd](https://www.sectoralpha.in/stocks/grindwell-norton-ltd) GRINDWELL · quiet · Most evidence points up · 97% evidence 67.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.9/35 · Revenue 13.5% · Profit 21.2% · Operating margin change 1 points · 100% evidence Capital efficiency 22.1/25 · ROCE 21.2% · Operating margin 19% · 100% evidence Valuation 4.6/20 · P/E 45× · PEG 4.15 · 85% evidence Relative strength 13.5/20 · Lead over its industry 3.4% · Lead over NIFTY 500 11.2% · 1 year 11.2% · 100% evidence · 2 of 12 weeks ahead Exact sum: 26.9 + 22.1 + 4.6 + 13.5 = 67.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. Carborundum Universal Ltd this page CARBORUNIV · losing its lead · Evidence leans down · 75% evidence 43.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 9.2/35 · Revenue 10.2% · Profit -23.4% · Operating margin change -1 points · 83% evidence Capital efficiency 9.3/25 · ROCE 10.5% · Operating margin 9% · 76% evidence Valuation 6.9/20 · P/E 78.3× · PEG n/a · 35% evidence Relative strength 18.3/20 · Lead over its industry 3.1% · Lead over NIFTY 500 10.5% · 1 year 14.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 9.2 + 9.3 + 6.9 + 18.3 = 43.7 · What this means: Relative strength against the index is 10.5%, and revenue and profit growth are weak. 3. [Wendt India Ltd](https://www.sectoralpha.in/stocks/wendt-india-ltd) WENDT · quiet · Most evidence points down · 82% evidence 33.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.8/35 · Revenue 14.1% · Profit -28.4% · Operating margin change 2.8 points · 100% evidence Capital efficiency 8.6/25 · ROCE 7.8% · Operating margin 14.6% · 100% evidence Valuation 2.3/20 · P/E 68.5× · PEG 3.5 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.8% · 1 year -21.8% · 25% evidence · 9 of 12 weeks ahead Exact sum: 14.8 + 8.6 + 2.3 + 7.5 = 33.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Abrasives & Grinding Wheels](https://www.sectoralpha.in/sectors/abrasives-grinding-wheels), all 3 compared on one page. ## Which companies are close to Carborundum Universal in size? Carborundum Universal is the 2nd largest of 3 Abrasives & Grinding Wheels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Grindwell Norton. Just below it: Wendt India. ### Abrasives & Grinding Wheels companies close in size 1. [Grindwell Norton Ltd](https://www.sectoralpha.in/stocks/grindwell-norton-ltd) ₹20,800 crore 2. Carborundum Universal Ltd ₹19,628 crore 3. [Wendt India Ltd](https://www.sectoralpha.in/stocks/wendt-india-ltd) ₹1,352 crore [All 3 Abrasives & Grinding Wheels companies, largest first](https://www.sectoralpha.in/sectors/abrasives-grinding-wheels#all-companies) ### Companies close in size in other industries 1. [KIOCL Ltd](https://www.sectoralpha.in/stocks/kiocl-ltd) ₹19,703 crore · Mining/Minerals 2. [Sagility Ltd](https://www.sectoralpha.in/stocks/sagility-ltd) ₹19,699 crore · Miscellaneous 3. Carborundum Universal Ltd ₹19,628 crore 4. [Allied Blenders & Distillers Ltd](https://www.sectoralpha.in/stocks/allied-blenders-distillers-ltd) ₹19,531 crore · Alcoholic Beverages 5. [Gujarat Energy Ltd](https://www.sectoralpha.in/stocks/gujarat-energy-ltd) ₹19,525 crore ## What else do people ask about Carborundum Universal? ### What is Carborundum Universal's share price today? Carborundum Universal Ltd's share price is ₹1,110.10, +23.3% over the past year. The whole company is worth ₹21,154 Cr on the market. In the last 52 weeks it traded between ₹756 to ₹1,279; today it is 68% of the way up from the low, 5.4% above its 200-day average (as of 3 November 2026). ### What were Carborundum Universal's latest quarterly results? Carborundum Universal Ltd reported revenue of ₹1,427 Cr and net profit of ₹80.0 Cr for the Jun 2026 quarter. Revenue rose 17.1% and profit rose 33.3% compared with a year earlier. Earnings per share were ₹4.01. The operating margin was 9.0%, 1.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Carborundum Universal's market cap? Carborundum Universal Ltd's market capitalisation is ₹21,154 Cr at a share price of ₹1,110.10. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Carborundum Universal performing? Carborundum Universal Ltd's share price has been rising for 24 weeks. In its latest quarter, revenue rose 17.1% and profit rose 33.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 8 weeks running (as of 3 November 2026). ### Will Carborundum Universal's share price go up? This page does not forecast Carborundum Universal Ltd's share price. What it shows instead: the share price is ₹1,110.10, and it has been rising for 24 weeks. Its P/E of 84.4× is higher than 96% of its own last 11 years (as of 3 November 2026). ### Where is Carborundum Universal in its business cycle? Carborundum Universal Ltd's FY26 operating margin was 11.0%, against a 13-year range of 11.0% to 18.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Carborundum Universal story? The main question: the share price moved +23.3% in a year while yearly earnings per share moved −33.5%. The difference came from the market paying a higher multiple. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Carborundum Universal a stock worth studying right now? What the numbers show: Carborundum Universal Ltd's share price has risen faster than its earnings: +23.3% in a year, against −33.5% for earnings per share. The main open question: whether earnings grow into a price that has already moved. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Carborundum Universal share price forecast for 2026? What management itself guided: FY27 reported consolidated sales growth approximately 4-4.5%; comparable growth approximately 15% excluding Foskor and Awuko in both periods. ## Lists - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india This is research, not advice. We’re not SEBI-registered.