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Intrinsic value · Buy/Sell verdict · scores — free· 1049 Indian stocks· EOD 2026-07-31

Carborundum Universal Limited

CARBORUNIVNSEIndustrials
₹1,063.8
+15.30 (+1.46%)
Sell

Financial trend (62/100) does the heavy lifting; valuation (1/100) is the drag.

ExpensiveOvervalued
The bottom line

Carborundum Universal Limited earns a Sell from StocksWizard, with a blended score of 37/100. On 112.9x trailing earnings it sits pricier than the Industrials median of about 29.0x. The price is about 14% below its 52-week high of ₹1,238.75 and 42% above the low of ₹746.57. Financial health scores 100/100, in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9. The average analyst target of ₹960.17 implies about 10% downside across 6 analysts. It clears 6 of 12 investability checks, with durability 43, valuation 1 and momentum 56 on our 0–100 scales.

Analysis by Ankit Sharma · StocksWizard's own estimates from end-of-day public data — see how we calculate them. For information only, not investment advice.

Intrinsic value
Our fair value
₹531.9down 50.00%
Overvalued by 50%
Price ₹1,063.8Range ₹489.35₹576.66
DCF + relative blendmedium confidence

With a 20% margin of safety, our buy-below price is ₹425.52.

Analyst views

6 analysts0 buy · 1 hold · 5 sell
12-month consensus target₹960.17down 9.74%

1-year price

EOD · 2026-07-31
1D
up 1.46%
1W
up 0.19%
1M
down 6.60%
3M
up 9.44%
6M
up 32.84%
1Y

52-week range

-14.12% from the 52-week high.

Trend check
Below 50-DMA₹1,086Above 200-DMA₹922

Price above both moving averages reads as an intact uptrend; below both, the trend is against you.

Verdict pillars

Sell37
A
Financial health 100/100
Altman Z 12.38 · Safe zone

Piotroski F-score 4/9 — quality of earnings & balance sheet.

Our scores

Durability43
Valuation1
Momentum56

Durability rewards strong, low-debt, profitable businesses; Valuation rewards stocks cheap vs their sector; Momentum rewards strong price trends.

Investability checklist

Passed 6 of 12 checks
Each check screens one fundamentals, valuation or trend signal.
  • Fail: ROE above 15%: 4.4%
  • Pass: Low debt (D/E < 0.5): 0.10x
  • Pass: Positive free cash flow
  • Pass: Revenue growth > 10%: 15%
  • No data: Earnings growing
  • Fail: Net margin ≥ 10%: 3.7%
  • Pass: Current ratio > 1.5: 2.67
  • Fail: Below our fair value
  • Fail: Margin of safety ≥ 20%
  • Pass: Above 200-day average
  • Fail: Above 50-day average
  • No data: Positive 1-year return
  • Pass: Altman Z in safe zone: Z 12.38
  • Fail: Piotroski ≥ 7: 4/9

Quarterly results

Revenue · 1Q2026
₹1,398 Cr
Net profit
₹117 Cr
Margin
8%
2Q2025
3Q2025
4Q2025
1Q2026
Revenue Net profitLatest revenue QoQ +8%

Annual financials

Revenue · 2026
₹5,206 Cr
Net profit
₹275 Cr
Margin
5%
2023
2024
2025
2026
Revenue Net profitLatest revenue YoY +6%

Shareholding

  • Promoter40.4%
  • Institutions38.2%
  • Public & other21.4%

Promoter holding via insider stake; institutional via reported holdings.

Key fundamentals

Market cap
₹22,145 Cr
P/E ratio
112.9
P/B ratio
5.64
EPS (TTM)
₹10.3
ROE
4.4%
Debt / Equity
0.10x
Profit margin
3.7%
Free cash flow
₹183 Cr
52-week high
₹1,238.75
-14.12% from high
52-week low
₹746.57
Dividend yield
0.3%
Beta
0.31
SWOT snapshot

Bull case vs bear case

Bull case

Strengths

  • Lightly leveraged balance sheet.
  • Financially solid — Altman Z 12.38.

Opportunities

  • Revenue growing (15% YoY).

Bear case

Weaknesses

  • Low return on equity (4.4%).

Threats

  • Rich valuation versus sector peers.
  • Trades ~50% above our estimated fair value.

About Carborundum Universal Limited

Carborundum Universal Limited manufactures and sells abrasives, ceramics, and electrominerals across India and international markets. The company operates three segments: Surface Engineering, which produces super, bonded, and coated abrasives along with cutting, grinding, and metalworking products; Technical Ceramics and Super Refractory Solutions; and Electrominerals, offering alumina, carbides, zirconia, and grit powders.

Carborundum Universal Limited — frequently asked questions

Is Carborundum Universal Limited a buy, hold or sell?

StocksWizard currently rates Carborundum Universal Limited (CARBORUNIV) a Sell, based on a blended score of 37/100 across valuation, quality, momentum and price trend. This is our own model-based view, not investment advice.

What is Carborundum Universal Limited's fair value?

Our blended DCF and relative-valuation model estimates Carborundum Universal Limited's fair value at about ₹531.9, versus a current price of ₹1,063.8 — roughly 50% downside. On that basis the stock looks overvalued by 50%.

Is Carborundum Universal Limited financially healthy?

Carborundum Universal Limited scores 100/100 on our financial-health model, placing it in the safe band on the Altman Z-score, with a Piotroski F-score of 4/9.

How has Carborundum Universal Limited's share price performed?

Carborundum Universal Limited is up 9% over three months, and last traded at ₹1,063.8. Past performance doesn't predict future returns.

Our verdict, fair value, financial-health and checklist are StocksWizard's own estimates, computed from public end-of-day data using standard models (DCF, relative valuation, Altman Z, Piotroski). For information only — not investment advice or a recommendation. Verify independently before investing.