Carborundum Universal (CARBORUNIV)₹1,051+1.06%Abrasives & Bearings
In the Jun 2026 quarter (consolidated), Carborundum Universal reported sales of ₹1,425 Cr, up 17.1% from Jun 2025, and net profit of ₹79.95 Cr, up 33.3% year on year. For the year to Mar 2026, sales were ₹5,196 Cr and net profit ₹168 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,144 | 1,148 | 1,198 | 1,195 | 1,222 | 1,251 | 1,214 | 1,217 | 1,294 | 1,288 | 1,395 | 1,425 |
| Expenses | 978 | 959 | 990 | 1,002 | 1,027 | 1,077 | 1,069 | 1,097 | 1,141 | 1,132 | 1,251 | 1,290 |
| Operating Profit | 168 | 191 | 209 | 194 | 195 | 177 | 146 | 121 | 156 | 157 | 144 | 135 |
| OPM % | 15.0% | 17.0% | 17.0% | 16.0% | 16.0% | 14.0% | 12.0% | 10.0% | 12.0% | 12.0% | 10.0% | 9.0% |
| Other Income | 31.08 | 25.05 | 25.06 | 19.06 | 23.08 | −77.17 | 18.05 | 27.05 | 23.05 | 22.05 | −103 | 55.14 |
| Interest | 5.01 | 5.01 | 4.01 | 3.01 | 4.01 | 4.01 | 3.01 | 3.01 | 4.01 | 5.01 | 6.01 | 6.01 |
| Depreciation | 45.90 | 47.89 | 50.92 | 50.89 | 51.92 | 52.88 | 55.86 | 58.88 | 61.82 | 60.83 | 64.83 | 65.87 |
| Profit before tax | 147 | 162 | 179 | 157 | 161 | 42.85 | 105 | 85.73 | 113 | 113 | −29.90 | 119 |
| Tax % | 30.1% | 31.1% | 21.1% | 27.0% | 28.1% | 13.1% | 71.1% | 30.0% | 34.0% | 35.1% | 34.1% | 33.1% |
| Exceptional items | 0.00 | 76.86 | 0.00 | 0.00 | 0.00 | −53.92 | 0.00 | 0.00 | 0.00 | 0.00 | −93.81 | 0.00 |
| Net Profit | 104 | 112 | 143 | 115 | 116 | 38.01 | 29.97 | 59.96 | 74.01 | 72.96 | −39.99 | 79.95 |
| EPS (Rs) | 5.37 | 5.87 | 7.10 | 5.95 | 6.10 | 1.84 | 1.54 | 3.26 | 3.92 | 4.00 | −0.93 | 4.02 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,939 | 2,108 | 2,367 | 2,683 | 2,594 | 2,625 | 3,316 | 4,644 | 4,690 | 4,882 | 5,196 | 5,403 |
| Expenses | 1,633 | 1,773 | 1,971 | 2,247 | 2,197 | 2,162 | 2,780 | 3,994 | 3,952 | 4,172 | 4,614 | 4,814 |
| Operating Profit | 308 | 336 | 400 | 438 | 399 | 466 | 539 | 655 | 740 | 716 | 581 | 591 |
| OPM % | 16.0% | 16.0% | 17.0% | 16.0% | 15.0% | 18.0% | 16.0% | 14.0% | 16.0% | 15.0% | 11.0% | 11.0% |
| Other Income | 39.09 | 41.14 | 37.07 | 46.14 | 62.13 | 32.08 | 56.18 | 136 | 118 | −23.07 | −35.11 | −3.09 |
| Interest | 23.01 | 18.03 | 9.01 | 8.01 | 6.01 | 4.01 | 6.01 | 24.02 | 18.02 | 14.01 | 19.03 | 21.04 |
| Depreciation | 86.77 | 95.79 | 106 | 108 | 105 | 98.74 | 115 | 186 | 191 | 211 | 246 | 253 |
| Profit before tax | 236 | 261 | 321 | 368 | 350 | 393 | 475 | 578 | 648 | 466 | 281 | 314 |
| Tax % | 34.1% | 30.1% | 32.1% | 33.0% | 22.1% | 26.1% | 27.0% | 24.1% | 27.1% | 36.1% | 40.1% | — |
| Exceptional items | −2.99 | 0.99 | 0.00 | 0.00 | 2.99 | −7.98 | −1.99 | 14.96 | −0.99 | −69.87 | −61.87 | −93.81 |
| Net Profit | 155 | 184 | 220 | 248 | 275 | 293 | 350 | 442 | 476 | 299 | 168 | 187 |
| EPS (Rs) | 7.66 | 9.28 | 11.42 | 13.10 | 14.41 | 15.01 | 17.57 | 21.82 | 24.29 | 15.40 | 10.23 | 11.01 |
| Dividend payout % | 20.1% | 19.0% | 20.1% | 21.1% | 19.0% | 20.1% | 20.1% | 16.0% | 16.1% | 26.1% | 39.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19.04 | 19.03 | 19.02 | 19.05 | 19.04 | 19.04 | 19.04 | 19.03 | 19.05 | 19.04 | 19.05 | 19.05 |
| Reserves | 1,072 | 1,175 | 1,366 | 1,548 | 1,709 | 1,843 | 2,117 | 2,349 | 2,810 | 3,113 | 3,519 | 3,891 |
| Borrowings | 341 | 320 | 156 | 129 | 97.20 | 70.12 | 62.10 | 240 | 278 | 172 | 217 | 414 |
| Other Liabilities | 389 | 350 | 376 | 396 | 403 | 356 | 488 | 695 | 778 | 797 | 839 | 964 |
| Total Liabilities | 1,821 | 1,864 | 1,917 | 2,094 | 2,228 | 2,288 | 2,685 | 3,304 | 3,884 | 4,101 | 4,594 | 5,287 |
| Fixed Assets | 796 | 661 | 707 | 738 | 698 | 750 | 780 | 1,010 | 1,533 | 1,561 | 1,723 | 1,913 |
| CWIP | 43.06 | 85.09 | 73.15 | 30.04 | 46.08 | 39.06 | 28.04 | 58.11 | 87.18 | 84.15 | 118 | 141 |
| Investments | 40.93 | 131 | 124 | 180 | 227 | 189 | 127 | 138 | 161 | 172 | 201 | 199 |
| Other Assets | 940 | 987 | 1,013 | 1,144 | 1,257 | 1,310 | 1,750 | 2,098 | 2,102 | 2,284 | 2,551 | 3,034 |
| Inventories | 389 | 371 | 388 | 440 | 535 | 510 | 462 | 694 | 903 | 853 | 1,059 | 1,120 |
| Trade receivables | 371 | 368 | 382 | 476 | 515 | 403 | 479 | 486 | 628 | 681 | 768 | 893 |
| Cash & equivalents | 98.67 | 113 | 126 | 128 | 97.62 | 293 | 687 | 351 | 399 | 556 | 379 | 698 |
| Total Assets | 1,821 | 1,864 | 1,917 | 2,094 | 2,228 | 2,288 | 2,685 | 3,304 | 3,884 | 4,101 | 4,594 | 5,287 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 327 | 179 | 296 | 214 | 203 | 408 | 452 | 246 | 431 | 604 | 305 | 368 |
| Cash from investing activity | −136 | −75.11 | −72.12 | −75.16 | −85.16 | −105 | −267 | −466 | −249 | −229 | −372 | −167 |
| Cash from financing activity | −162 | −86.01 | −207 | −83.03 | −109 | −135 | −66.03 | 89.08 | −133 | −214 | −110 | 119 |
| Net cash flow | 28.06 | 17.05 | 16.03 | 55.16 | 7.02 | 168 | 119 | −131 | 49.10 | 159 | −177 | 321 |
| Capex | 78.20 | 149 | 117 | 94.27 | 96.29 | 129 | 106 | 562 | 303 | 236 | 279 | 311 |
| Free cash flow | 339 | 95.93 | 190 | 121 | 107 | 284 | 348 | −315 | 130 | 367 | 27.99 | 60.01 |
| CFO / OP % | 169.0% | 85.0% | 111.0% | 81.0% | 73.0% | 127.0% | 119.0% | 70.0% | 90.0% | 109.0% | 70.0% | 93.0% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 65 | 68 | 65 | 72 | 69 | 55 | 65 | 52 | 48 | 52 | 56 | 61 |
| Inventory days | 198 | 198 | 192 | 199 | 204 | 209 | 187 | 218 | 191 | 183 | 215 | 200 |
| Days payable | 86 | 71 | 81 | 89 | 79 | 79 | 122 | 116 | 71 | 72 | 70 | 75 |
| Cash conversion cycle | 177 | 196 | 176 | 182 | 194 | 185 | 130 | 154 | 169 | 163 | 201 | 187 |
| Working capital days | 44 | 56 | 74 | 85 | 95 | 88 | 77 | 57 | 70 | 73 | 97 | 75 |
| ROCE % | 10.1% | 17.1% | 18.0% | 20.1% | 21.1% | 18.1% | 19.1% | 20.1% | 20.1% | 20.1% | 16.0% | 11.1% |
For the Jun 2026 quarter, Carborundum Universal reported sales of ₹1,425 Cr, up 17.1% year on year and net profit of ₹79.95 Cr, up 33.3% year on year. The operating margin was 9.0%.
Carborundum Universal's sales for the year to Mar 2026 were ₹5,196 Cr; over the last twelve months they were ₹5,403 Cr.
Net profit for the year to Mar 2026 was ₹168 Cr, and ₹187 Cr over the last twelve months. Earnings per share over the same trailing period were ₹11.01.
Carborundum Universal reported borrowings of ₹414 Cr at Mar 2026, against cash and equivalents of ₹698 Cr.
Cash from operations was ₹368 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹60.01 Cr.