Carborundum Universal Share Price Today

Carborundum Universal infuses $3 million into CUMI International for German closure

Carborundum Universal infused $3 million (~₹28.78 crore) into CUMI International Limited. The capital supports the proposed closure of German subsidiary CUMI Awuko Abrasives GmbH. CIL's paid-up equity capital rises to $44.24 million from $43.64 million post-infusion. CIL's turnover dropped sharply to $0.50 million in FY26 from $4.38 million in FY25.

Carborundum Universal receives ESG rating from Niche Ninety Nine

Carborundum Universal received an ESG rating from Niche Ninety Nine. The rating agency is SEBI-registered and prepared the report independently. The company did not engage the provider for this assessment. Disclosure made under Regulation 30 of SEBI Listing Regulations.

Carborundum Universal receives independent ESG rating from Crisil

Crisil ESG Ratings & Analytics assigned an independent ESG rating to Carborundum Universal. The report was published on BSE and NSE websites on August 24, 2026. The assessment was based on publicly available information without direct engagement from the company. Disclosure was made under Regulation 30 of SEBI LODR Regulations, 2015.

Carborundum Universal Latest Results: FY27 Sales Growth Guidance Raised to 15%

Carborundum Universal has upgraded its FY27 consolidated sales growth guidance to 15% (excluding Foskor Zirconia and AWUKO), up from 11-12% previously, as disclosed in a concall update. The Ceramics segment guidance was raised most sharply, to 23-25% from 15-15.5%, while Abrasives and Electro Minerals sales growth targets remain unchanged. Margin guidance across all three segments—Abrasives at 9.5-10%, Ceramics at 20.5-21%, and Electro Minerals at 9-9.5%—was retained. The consolidated CapEx guidance for FY27 also remains unchanged at INR400 crores.

Carborundum Universal Latest Results: Revenue up 17% YoY but EBITDA/PAT miss on margin pressure

Macquarie maintained its Underperform rating on Carborundum Universal with a target price of ₹940. Revenue grew 17% YoY, beating estimates, led by the Abrasives segment, but EBITDA and PAT missed due to a 350 basis point gross-margin contraction. Higher input costs and delays in closing overseas entities were cited as the primary reasons for the profitability shortfall.

Carborundum Universal declares ₹4 dividend per share at 72nd AGM

Carborundum Universal Limited held its 72nd AGM on August 7, 2026, approving a final dividend of ₹2.50 per share, totaling ₹4 with the interim dividend. Shareholders also reappointed Chairman M M Murugappan and approved cost auditor fees for FY27. The audited financial statements for FY26 received unqualified reports from auditors.