Carborundum Uni.
Carborundum Universal Q3 FY26 earnings call: Revenue & Margins
Q3 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #92 of 100 in Industrial Products
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The short version
Ceramics business is expected to grow strongly, particularly in FY27, supported by high growth (north of 20%) in specialty segments like SOFCs and engineered ceramics, with a strong Q4 in FY26 anticipated. - Wear ceramics segment currently faces challenges but expected to improve once U.S. Ceramic business: Expected full-year growth of 9%-11%, with strong Q4 performance and improved FY '27 outlook due to project kick-ins, especially in the U.S.
From Carborundum Uni.'s Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Ceramics business is expected to grow strongly, particularly in FY27, supported by high growth (north of 20%) in specialty segments like SOFCs and engineered ceramics, with a strong Q4 in FY26 anticipated.
- Wear ceramics segment currently faces challenges but expected to improve once U.S. projects start.
- Refractory projects bunching in Q4 FY26 currently causes muted growth, but full-year growth guidance remains at 9%-11% for ceramics.
- Abrasives showed encouraging growth in Q3 FY26, trend expected to continue.
- Electrominerals is showing a comeback with good margin recovery and improved return on capital.
- Positive impact expected from China's removal of export rebate benefiting domestic abrasives market share.
2 more points from Carborundum Uni.'s call on revenue
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Profitability & Margins
See what Carborundum Uni. said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- Capex investment for the first 9 months of FY26 was INR 248 crores, compared to INR 209 crores in the same period last year.
- The company maintains its full-year capex guidance at INR 350 crores.
- Capacities are being created as part of long-term strategies across Ceramics, Electrominerals, and Abrasives businesses.
- Investment progress is on track and in line with plans.
- Technology tie-ups and partnerships in two broad areas are progressing well.
2 more points from Carborundum Uni.'s call on capex
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Top-ranked in Industrial Products
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
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Order Book & Pipeline
- The Ceramics business, especially serving SOFCs and high-end segments, is growing strongly at over 20%.
- The company has a very sizable and good order book in Ceramics.
- In the last quarter, they bagged the highest-ever order from the Ceramics segment client.
- There is some delay and deferral in project execution mainly due to tariff uncertainties impacting the fire refractory and wear ceramics segments, expected to improve in Q4 and FY '27.
2 more points from Carborundum Uni.'s call on order book
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Carborundum Uni. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q2 FY27): revenue ₹1.5K Cr, net profit ₹12 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Carborundum Universal Ltd's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q4 FY25 earnings call analysis →
- Q1 FY26 earnings call →
- Q3 FY25 earnings call →
- Q3 FY25 earnings call →
- Q1 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
Others in Industrial Products this season
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Revenue/Sales Figures for the Quarter:** The presentation reports net sales of ₹322.20 crore for Q3 FY 2026. Key investor presentation takeaways from Shri Kanha
- Rappid Valves (Q3 FY26)
Two concrete investments in manufacturing infrastructure totaling ₹139 Crores: . Key investor presentation takeaways from Rappid Valves India Ltd's Q3 FY26 inve
- Prime Cable Industries Limited (Q3 FY26)
Q3 FY26 provisional revenue: INR 71.8 crores . Key investor presentation takeaways from Prime Cable Industries Limited's Q3 FY26 investor presentation — and how
- Shubhshree Bio. (Q3 FY26)
Revenue in H1 FY26: ₹9,604.6 Lakhs, a 24.1% year-on-year (YoY) increase from ₹7,736.4 Lakhs. Key investor presentation takeaways from Shubhshree Biofuels Energy
Potential multibaggers · Q2 FY27
Potential multibaggers in Industrial Products
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Carborundum Uni. Q3 FY26 results?
Ceramics business is expected to grow strongly, particularly in FY27, supported by high growth (north of 20%) in specialty segments like SOFCs and engineered ceramics, with a strong Q4 in FY26 anticipated. - Wear ceramics segment currently faces challenges but expected to improve once U.S. Ceramic business: Expected full-year growth of 9%-11%, with strong Q4 performance and improved FY '27 outlook due to project kick-ins, especially in the U.S.
What is Carborundum Uni. share price analysis?
Carborundum Uni. currently shows a neutral. The stock trades at a P/E of 88.9 with a market cap of ₹22,285 Cr. Investors should review the full earnings analysis for detailed insights.
Is Carborundum Uni. planning capital expenditure?
Capex investment for the first 9 months of FY26 was INR 248 crores, compared to INR 209 crores in the same period last year.
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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.