| Revenue guidance | 24.0% → 26.5% Raised by 2.5 percentage points |
|---|---|
| Management target | Revenue 15.0% FY27 |
| Revenue growth | Consolidated sales up 13.1% YoY to ₹1,455 Cr. |
|---|---|
| Margins | Ceramics expanding to 23%; Abrasives compressed to 10% on costs. |
| Demand visibility | Strong domestic and export demand in Electrominerals and Ceramics. |
| Management confidence | Balanced, but cautious on input cost pressures in Abrasives. |
Growth
Consolidated sales grew 13% YoY driven by Ceramics (36%) and Electrominerals (11%), while Abrasives lagged at 4%.
Outlook
Ceramics guidance raised to 25-28% growth; consolidated revenue growth maintained at 15% for FY27.
Risks
Abrasives margins bottomed at 10% due to unrecovered raw material and fuel cost inflation; pricing power is weak.
Last quarter's promises, checked
Delivered
- Ceramics growth 15–15.5% → 36% (= BEAT)
- Ceramics margin 20.5–21% → 23% (= BEAT)
- Electrominerals decline 6.5–7% (8–9% ex-Foskor) → +11% (= BEAT)
Partly delivered
- Capex ₹400 Cr FY27 → ₹400 Cr still planned, no spend reported (= PARTIAL)
- Foskor/Awuko exit in ~1 quarter → exit described, completion unconfirmed (= PARTIAL)
Missed
- Abrasives growth 5.5–6% → 4% (= MISS)
Earnings Call Transcript filed with NSE, NSE: CARBORUNIV. Summary written with AI assistance from the document.
Carborundum Universal Ltd: key numbers
- Share price
- ₹1,110.10
- Market cap
- ₹21,149 Cr
- Revenue (annual)
- ₹5,206 Cr
- Net profit (annual)
- ₹194.7 Cr
- P/E (TTM)
- 143.7×Sector 51.7×
- Promoter holding
- 38.84%-0.05% QoQ
- FII holding
- 11.09%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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