The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Carborundum Universal Limited is an India-based company, which manufactures and sells mainly abrasives, ceramics (industrial ceramics, refractories) and electro minerals. The Company's segments include Abrasives, Ceramics, Electrominerals, Power, IT Services and Others.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A weak, stagnant business, priced for perfection.
Carborundum Universal is scored on the general / industrial framework. It keeps a thin 3.2% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 2.19× reported profit. Free cash flow is worth about 0.8% of its market value.
Over the last 3 years revenue compounded at 4%/yr and profit at -28%/yr. Book value has grown 11%/yr. Return on equity is a weak 7.0%.
At 101× earnings, the stock sits at the 89th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price already implies ~38%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 157.85 | 92.01 | worse |
| P/B | 5.03 | 6.2 | better |
| EV/EBITDA | 38.05 | 32.73 | worse |
| ROE | 7 | 10.74 | worse |
| ROCE | 11.27 | 15.33 | worse |
| ROA | 2.31 | 7.18 | worse |
| Quick Ratio | 1.62 | 2.19 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Cummins India | 49.9 | 13.5 | 27.1% |
| Welspun Corp | 24.6 | 5.5 | 22.3% |
| Indo-mim | 109.9 | 21.2 | 23.4% |
Revenue has grown every year across all 4 financial years shown. 4% CAGR — growing but slowly.
Revenue is outpacing profit (4% vs -28%) — costs are rising faster than the top line. The latest year saw a -44% swing — check if it's a one-off or structural.
Operating margin has compressed from 12% to 5% — costs or competition are eating into profitability.
ROE at 4% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 11pp.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. EPS outpaced profit growth — possible buybacks are concentrating earnings into fewer shares. -22% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 2.2× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue broadly flat QoQ — stable but not accelerating. Run-rate stepping up — recent quarters average 10% above earlier ones.
1 of 4 quarters loss-making — quarterly profitability is uneven. Profit jumped 301% QoQ — check if this is operating leverage or a one-off item.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 38.8% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.