Carborundum Universal Limited Share Price and Company Fundamentals



Price
₹749
Change
2.550 (0.342%)
52 week
612.0 - 1035.0

Last traded: Yesterday at 10:00 AM

Carborundum Universal Limited, together with its subsidiaries, engages in the manufacture and sale of abrasives, ceramics, and electro minerals in India and internationally. The company operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. It offers bonded and coated abrasives, processed cloth products, polymers, power tools, and coolants; and electro minerals, including fused alumina, silicon carbide, fused zirconia, aluminum zirconia, pearl zirconia, and zircon mullite. The company also provides industrial ceramics, anti-corrosion products, and bio ceramics, which harness the heat resistance/containment, wear resistance, and insulation properties of ceramics, as well as corrosion resistance properties of various materials. In addition, it manufactures super refractories and refractory fiber; operates gas-based power generation facility; and provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services. The company was incorporated in 1954 and is based in Chennai, India.

Key Metrics

PE ratio

41.97

PB ratio

5.91

Dividend yield

0.47%

Beta

0.89

Market cap

-

Enterprise value

-

Company profile

Industry / SectorConglomerates / Industrials
Websitehttps://www.cumi-murugappa.com
Mailing addressParry House 43, Moore Street Chennai 600001 India
Phone / Fax91 44 3000 6161 / 91 44 3000 6149

Dividends

Dividend yield

0.47%

Dividend amount

₹3.50

Payout ratio

17.12%

5Y Avg. yield

0.70%

Carborundum Universal Limited paid ₹3.50 dividend and the ex-dividend date was 21 July 2022.The dividend payout ratio is 17.12%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CARBORUNIV dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CARBORUNIV's forward dividend amount is ₹4 and the forward dividend yield is 0.54%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Carborundum Universal Limited.

NameTitleAgeTotal Pay
Mr. N. AnanthaseshanMD & Additional Director5915.66M
Mr. P. PadmanabhanChief Financial Officer54
Ms. D. VijayalakshmiVP of Corp. Communications55
Mr. Rajkumar ArulSr. VP of Human Resource52
Dr. Shyam S. RaoSr. VP of Industrial Ceramics Division58
Mr. Sridharan RangarajanDirector of Strategy & Fin., Pres of Corp. and Whole-Time Director55
Mr. C. SrikanthSr. VP of Marketing - Abrasives55
Mr. P. S. JayanExec. VP of Electrominerals61
Mr. V. G. RajendranSr. VP of Super Refractories51
Mr. Ninad M. GadgilPres of Abrasives51

Profitability and management effectiveness

Profit margin

10.03%

Operating margin

12.69%

Return on assets

8.78%

Return on equity

15.13%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Carborundum Universal Limited is and its enterprise value is .

The CARBORUNIV's stocks Beta value is 0.89 making it 11% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Carborundum Universal Limited (NSE:CARBORUNIV) Frequently Asked Questions

1. What is Carborundum Universal Limited's Stock Symbol?

Carborundum Universal Limited trades on NSE under the ticker symbol "CARBORUNIV".

2. What is Carborundum Universal Limited's stock price today?

One share of CARBORUNIV stock can currently be purchased for approximately ₹749.

3. How can I contact Carborundum Universal Limited?

Carborundum Universal Limited's mailing address is Parry House 43, Moore Street Chennai 600001 India. The company can be reached via phone at 91 44 3000 6161.

4. What is Carborundum Universal Limited's official website?

The official website of Carborundum Universal Limited is https://www.cumi-murugappa.com.