Carborundum Universal
904.25
-12.30(-1.34%)
Market Cap₹17,454.40 Cr
PE Ratio70.53
Company Performance:
1D-1.34%
1M-9.16%
6M-11.07%
1Y-38.42%
5Y+264.76%
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More news about Carborundum Universal
25Jun 25
Carborundum Universal Acquires 4.19% Stake in GEPL for ₹79.6 Million
Carborundum Universal, a manufacturer of abrasives, ceramics, and electrominerals, has acquired a 4.19% stake in GEPL for ₹79.6 million. This minority shareholding represents a strategic move for the company, though the specific reasons for the investment and potential synergies between the two companies are not yet clear. No additional information about GEPL or its business operations was provided.
14May 25
Carborundum Universal Faces Downgrade as Q4 Results Disappoint
Carborundum Universal Ltd (CUMI) reported disappointing Q4 FY2024-25 results, with revenue marginally up by 0.70% YoY to ₹1,216.60 crore, but net profit plummeting 78.89% to ₹30.10 crore. EBITDA fell 32.70% to ₹145.70 crore. ICICI Securities downgraded CUMI to 'Reduce' and lowered its target price, citing continued business weakness and a muted outlook. The company's profitability was impacted by increased expenses, margin pressure, and higher tax outgo. Despite unveiling an ambitious five-year growth strategy, near-term challenges persist.
13May 25
Carborundum Universal: Q4 Profit Drops, Annual Revenue Rises, Dividend Recommended
Carborundum Universal's Q4 FY2025 net profit dropped 78.88% to ₹30.10 crore from ₹142.56 crore year-over-year. Despite this, the company's annual consolidated total income increased to ₹4,935.22 crore in FY2025. A final dividend of ₹2.50 per share was recommended, bringing the total FY2025 dividend to ₹4.00 per share.
12May 25
Carborundum Universal Reports Q4 Results: Profit Plunges 79%, Revenue Inches Up
Carborundum Universal's Q4 FY25 results show mixed performance. Revenue increased marginally by 1.3% to ₹1,217.00 crore, but net profit plummeted 79% to ₹30.00 crore. EBITDA decreased by 30.3% to ₹146.00 crore, with EBITDA margin contracting to 12.00% from 17.4%. Despite profit decline, the company declared a final dividend of ₹2.50 per share.
28Mar 25
Carborundum Universal's Subsidiary SEDCO Sells Partial Investment for ₹96.50 Crore
Southern Energy Development Corporation Limited (SEDCO), a subsidiary of Carborundum Universal, sold a portion of its investments in the parent company for ₹96.50 crore on March 28, 2025. The sale was conducted on the stock exchange platform to meet SEDCO's business requirements. Carborundum Universal also announced a trading window closure from April 1, 2025, for the upcoming financial results and allotted 4,800 equity shares under its ESOP Plan 2016.
Carborundum Universal
904.25
-12.30
(-1.34%)
1 Year Returns:-38.42%
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