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Latest news about Carborundum Universal

Carborundum Universal Reports 6.4% Revenue Growth in Q2FY26, Maintains Full-Year Guidance 2 days ago

Carborundum Universal Limited (CUMI) achieved a 6.4% year-on-year increase in Q2FY26 consolidated sales, reaching INR 1,287.00 crores. Growth was driven by Abrasives and Ceramics segments. Abrasives sales grew 7.4% YoY to INR 584.00 crores, while Ceramics increased 7.8% to INR 301.00 crores. Electrominerals saw a slight decline. RHODIUS Abrasives and AWUKO showed recovery, but Volzhsky Abrasive Works faced challenges due to sanctions. The company maintained its full-year guidance of 5.5-6.5% consolidated sales growth and confirmed INR 350.00 crores capex spending. CUMI continues investments in semiconductor facilities, aerospace and defense, and high-performance silicon carbide projects.

Carborundum Universal Issues ₹25.55 Crore Corporate Guarantee for South African Subsidiary 4 days ago

Carborundum Universal Reports Profit Decline Due to Russian Subsidiary Impact 9 days ago

Carborundum Universal Seeks Reclassification of Promoter Group Entities Oct 13, 2025

Carborundum Universal CFO Sushil Kishor Bendale Steps Down Sep 26, 2025

More news about Carborundum Universal

17Sept 25

Yanmar Coromandel Agrisolutions Seeks Reclassification from Promoter Group to Public Category in Carborundum Universal

Yanmar Coromandel Agrisolutions Private Limited (YCAS) has formally requested reclassification from Carborundum Universal's promoter group to public category. This follows a change in YCAS's shareholding structure after a Rs. 149.72 crore fund infusion from Yanmar Singapore, reducing Coromandel International Limited's stake in YCAS from 40% to 10.60%. YCAS currently holds no shares in Carborundum Universal and has confirmed compliance with SEBI regulations for reclassification. The request will be presented to Carborundum Universal's Board for approval, followed by seeking approvals from NSE and BSE.

05Sept 25

Carborundum Universal Resumes Operations at Kerala Electrominerals Facilities

Carborundum Universal Limited has restarted operations at its Electrominerals division facilities in Ernakulam and Thrissur districts of Kerala. The resumption follows an exemption order from the Kerala Government's Department of Industries and permissions from local authorities. The company has implemented necessary hygiene and safety measures for employee well-being. Operations at other facilities will resume upon receiving permissions from respective local administrative authorities.

07Aug 25

Carborundum Universal Reports Mixed Q1 Results Amid Segment Fluctuations

Carborundum Universal Limited (CUMI) reported Q1 consolidated sales of Rs. 1,207.00 crore, up 1.9% year-on-year. However, net profit declined 45% to Rs. 62.00 crore. Ceramics segment showed strong growth with 11.1% increase in sales and 15.8% rise in profit. Electro Minerals saw 6.3% sales growth but significant profit decline. Abrasives segment faced challenges with 8% sales decline and sharp profit drop. Standalone performance was more positive with 5.2% sales growth and increased net profit, including one-time dividend income from a subsidiary. The company maintained a strong financial position with a consolidated debt-equity ratio of 0.05.

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.