1. Is Carborundum Universal Ltd a good quality company?
Past 10 year's financial track record analysis by Moneyworks4me indicates that Carborundum Universal Ltd is a good quality company.
2. Is Carborundum Universal Ltd undervalued or overvalued?
The key valuation ratios of Carborundum Universal Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
3. Is Carborundum Universal Ltd a good buy now?
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Carborundum Universal Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
Value Creation ⓘ
Value Creation Index Colour Code Guide ⓘ
|ROCE % ⓘ||7.4%||6.6%||6.6%||10%||12.6%||13%||13.8%||13.6%||14.2%||13.8%||-|
|Value Creation Index ⓘ||-0.5||-0.5||-0.5||-0.3||-0.1||-0.0||0.0||0.0||0.1||0.0||-|
Growth Parameters ⓘ
Growth Parameters Colour Code Guide ⓘ
|YoY Gr. Rt. %||-||7.8%||-3.5%||-5.2%||8.7%||12.1%||13.6%||-3.3%||1.3%||26.3%||-|
|Adj EPS ⓘ||4.9||4.6||4.5||7.2||10||11.2||12.9||13.5||15.6||17.5||17.6|
|YoY Gr. Rt. %||-||-6.5%||-1.7%||60.5%||37.4%||12.8%||15.1%||4.8%||15.2%||12.5%||-|
|BVPS (₹) ⓘ||56.4||58.8||57.7||63.2||73.1||82.5||90.8||97.7||111.9||123.7||149.8|
|Adj Net Profit ⓘ||92.1||86.3||84.8||136||188||212||244||256||295||333||334|
|Cash Flow from Ops. ⓘ||195||153||326||178||295||213||202||407||451||245||-|
|Debt/CF from Ops. ⓘ||2.2||3||1||1.8||0.5||0.6||0.5||0.2||0.1||0.9||-|
CAGR Colour Code Guide ⓘ
|9 Years||5 Years||3 Years||1 Years|
|Adj EPS ⓘ||15.2%||12%||10.7%||12.5%|
Key Financial Parameters ⓘ
Performance Ratio Colour Code Guide ⓘ
|Return on Equity % ⓘ||9.2||8||7.7||12||14.6||14.4||14.9||14.3||14.8||14.8||12.9|
|Op. Profit Mgn % ⓘ||12.2||12||12.9||15.8||16.5||16.9||16.3||15.3||17.8||16.2||13.4|
|Net Profit Mgn % ⓘ||4.7||4.2||4.4||6.8||8.4||8.5||8.3||9.3||11||9.9||7.8|
|Debt to Equity ⓘ||0.4||0.4||0.3||0.3||0.1||0.1||0.1||0||0||0.1||-|
|Working Cap Days ⓘ||152||147||150||152||144||145||147||151||142||152||0|
|Cash Conv. Cycle ⓘ||99||95||98||99||92||94||100||103||84||70||0|
Net Profit is growing at healthy rate in last 3 years 10.71%
Sales growth is good in last 4 quarters at 34.98%
Return on Equity has declined versus last 3 years average to 12.90%
Sales growth has been subdued in last 3 years 7.33%
|TTM EPS (₹)||14.7||17.6|
|TTM Sales (₹ Cr.)||2,425||4,277|
|BVPS (₹.) ⓘ||101||149.8|
|Reserves (₹ Cr.) ⓘ||1,899||2,826|
|From the Market|
|52 Week Low / High (₹)||651.05 / 1019.00|
|All Time Low / High (₹)||2.55 / 1033.95|
|Market Cap (₹ Cr.)||19,120|
|Equity (₹ Cr.)||19|
|Face Value (₹)||1|
|Industry PE ⓘ||68.3|
Carborundum Universal Limited (CUMI) was founded in 1954 as a tripartite collaboration between the Murugappa Group, The Carborundum Co., USA and the Universal Grinding Wheel Co. Ltd., U.K. With state-of-the art facilities and strategic alliances with global partners, CUMI has achieved a reputation for quality and innovation. CUMI is one of the five manufacturers in the world with fully integrated operations that include mining, fusioning, wind and hydro power stations, manufacturing, marketing and distribution. Almost all of CUMI’s manufacturing facilities have received the ISO 9001 accreditation for quality standards. A well connected marketing and distribution network of offices and warehouses in India and abroad, ensure that service to customers is given prime importance.
CUMI’s constant innovation and product upgradation, through in-house R&D and strategic alliances with global leaders in grinding technology, have not only ensured it market leadership in India and abroad, but also international recognition as a manufacturer of quality abrasives and a provider of total grinding solutions. CUMI’s products are being exported to more than 50 countries spread across North America, Europe, Australia, South Africa and Asia.
Business area of the company
The Company pioneered the manufacture of Coated Abrasives and Bonded Abrasives in India in addition to the manufacture of Super Refractories, Electro Minerals, Industrial Ceramics and Ceramic Fibres. Today, the Company’s range varieties of Abrasives, Ceramics, Refractory products and electro-minerals manufactured across several locations in and outside the country.
Abrasives: An Abrasive is a substance which grinds, cleans, scours, abrades or removes solid material by rubbing action or by impact. Abrasives are mineral like materials available in different shapes, sizes and types according to need. Abrasive materials and Abrasive products are utilized in several end user industries such as manufacture of Machinery, Electrical & Electronic equipment, Transportation and Metal fabrication among others.
Electro Minerals: The major product groups of this segment are Fused Alumina (comprising Brown and White Alumina), Silicon Carbide (crude, macro and fine), Fused Zirconia, Alumina Zirconia, Pearl Zirconia and Zircon Mullite. The Company also manufactures a range of ‘specialities’ like Semi Friable, Azure-S and fine powders for niche markets. The operations are carried out through eight manufacturing facilities located in India, Russia and South Africa.
Industrial Ceramics: The Ceramics product group offers products which harness the heat resistance / containment, wear resistance and insulation properties of ceramics and also corrosion resistance properties of various materials.
Super Refractories: Refractory is a material that will retain its shape and chemical identity when subjected to high temperatures and is used in applications that require extreme resistance to heat, such as furnace linings. Refractory products are basically used in industries for heat resistant and containment. CUMI’s manufactures Super Refractories (which can be in two forms fired refractories and monolithics) and also Refractory Fibre.
Awards and recognitions
1954 - 1963
1964 - 1973
1974 - 1983
1984 - 1993
1994 - 2003
2004 - 2013