Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Carborundum Universal Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,200 | 1,203 | 1,146 | 1,151 | 1,201 | 1,198 | 1,224 | 1,255 | 1,217 | 1,219 | 1,298 | 1,291 | 1,398 |
| Expenses + | 1,009 | 1,034 | 979 | 960 | 992 | 1,004 | 1,029 | 1,078 | 1,071 | 1,098 | 1,142 | 1,134 | 1,254 |
| Operating Profit | 190 | 169 | 168 | 191 | 209 | 194 | 195 | 177 | 146 | 121 | 156 | 157 | 144 |
| OPM % | 16% | 14% | 15% | 17% | 17% | 16% | 16% | 14% | 12% | 10% | 12% | 12% | 10% |
| Other Income + | 59 | 41 | 31 | 25 | 25 | 19 | 23 | -77 | 18 | 27 | 23 | 22 | -103 |
| Interest | 7 | 5 | 5 | 5 | 4 | 3 | 4 | 4 | 3 | 3 | 4 | 5 | 6 |
| Depreciation | 53 | 46 | 46 | 48 | 51 | 51 | 52 | 53 | 56 | 59 | 62 | 61 | 65 |
| Profit before tax | 190 | 160 | 148 | 163 | 180 | 158 | 162 | 43 | 105 | 86 | 113 | 113 | -30 |
| Tax % | 22% | 26% | 30% | 31% | 21% | 27% | 28% | 13% | 71% | 30% | 34% | 35% | 34% |
| Net Profit + | 149 | 118 | 104 | 112 | 143 | 115 | 116 | 38 | 30 | 60 | 74 | 73 | -40 |
| EPS in Rs | 7.22 | 5.96 | 5.36 | 5.86 | 7.09 | 5.94 | 6.09 | 1.83 | 1.53 | 3.25 | 3.91 | 3.99 | -0.92 |
Financials of Carborundum Universal Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,042 | 1,944 | 2,112 | 2,374 | 2,689 | 2,599 | 2,632 | 3,325 | 4,654 | 4,702 | 4,894 | 5,206 |
| Expenses + | 1,808 | 1,636 | 1,777 | 1,975 | 2,250 | 2,199 | 2,166 | 2,784 | 3,999 | 3,961 | 4,178 | 4,627 |
| Operating Profit | 234 | 308 | 336 | 400 | 439 | 400 | 466 | 540 | 655 | 741 | 717 | 579 |
| OPM % | 11% | 16% | 16% | 17% | 16% | 15% | 18% | 16% | 14% | 16% | 15% | 11% |
| Other Income + | 112 | 39 | 41 | 37 | 46 | 62 | 32 | 56 | 136 | 118 | -23 | -32 |
| Interest | 25 | 23 | 18 | 9 | 8 | 6 | 4 | 6 | 24 | 18 | 14 | 19 |
| Depreciation | 100 | 87 | 96 | 106 | 108 | 105 | 99 | 115 | 187 | 191 | 212 | 247 |
| Profit before tax | 220 | 237 | 262 | 322 | 369 | 351 | 395 | 477 | 580 | 650 | 468 | 282 |
| Tax % | 37% | 34% | 30% | 32% | 33% | 22% | 26% | 27% | 24% | 27% | 36% | 40% |
| Net Profit + | 138 | 155 | 184 | 220 | 248 | 275 | 293 | 350 | 442 | 476 | 299 | 168 |
| EPS in Rs | 7.05 | 7.65 | 9.27 | 11.41 | 13.09 | 14.38 | 15.00 | 17.56 | 21.80 | 24.24 | 15.37 | 10.22 |
| Dividend Payout % | 18% | 20% | 19% | 20% | 21% | 19% | 20% | 20% | 16% | 16% | 26% | 24% |
Financials of Carborundum Universal Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
| Reserves | 1,070 | 1,173 | 1,364 | 1,545 | 1,705 | 1,839 | 2,113 | 2,345 | 2,802 | 3,107 | 3,510 | 3,881 |
| Borrowings + | 340 | 320 | 156 | 129 | 97 | 70 | 62 | 240 | 277 | 172 | 216 | 413 |
| Other Liabilities + | 387 | 348 | 374 | 394 | 401 | 354 | 486 | 692 | 774 | 793 | 835 | 978 |
| Total Liabilities | 1,816 | 1,860 | 1,913 | 2,088 | 2,222 | 2,283 | 2,679 | 3,296 | 3,872 | 4,091 | 4,580 | 5,291 |
| Fixed Assets + | 793 | 659 | 705 | 736 | 695 | 748 | 777 | 1,006 | 1,527 | 1,555 | 1,716 | 1,906 |
| CWIP | 43 | 85 | 73 | 30 | 46 | 39 | 28 | 58 | 87 | 84 | 118 | 141 |
| Investments | 41 | 131 | 124 | 180 | 227 | 189 | 127 | 138 | 161 | 172 | 201 | 199 |
| Other Assets + | 938 | 985 | 1,011 | 1,141 | 1,254 | 1,307 | 1,747 | 2,094 | 2,096 | 2,280 | 2,544 | 3,045 |
| Total Assets | 1,816 | 1,860 | 1,913 | 2,088 | 2,222 | 2,283 | 2,679 | 3,296 | 3,872 | 4,091 | 4,580 | 5,291 |
Financials of Carborundum Universal Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 326 | 178 | 295 | 213 | 202 | 407 | 451 | 245 | 430 | 602 | 304 | 367 |
| Cash from Investing Activity + | -136 | -75 | -72 | -75 | -85 | -105 | -266 | -465 | -248 | -229 | -371 | -217 |
| Cash from Financing Activity + | -162 | -86 | -207 | -83 | -109 | -135 | -66 | 89 | -133 | -214 | -110 | 119 |
| Net Cash Flow | 28 | 17 | 16 | 55 | 7 | 168 | 119 | -131 | 49 | 159 | -177 | 270 |
| Free Cash Flow | 339 | 96 | 190 | 121 | 107 | 284 | 348 | -315 | 130 | 367 | 28 | 60 |
| CFO/OP | 169% | 85% | 111% | 81% | 73% | 127% | 119% | 70% | 90% | 109% | 70% | 93% |
Financials of Carborundum Universal Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 69 | 66 | 73 | 70 | 56 | 66 | 53 | 49 | 53 | 57 | 62 |
| Inventory Days | 198 | 198 | 192 | 199 | 204 | 209 | 187 | 218 | 191 | 183 | 215 | 200 |
| Days Payable | 87 | 72 | 82 | 90 | 80 | 80 | 123 | 117 | 72 | 73 | 71 | 76 |
| Cash Conversion Cycle | 177 | 196 | 176 | 182 | 194 | 185 | 130 | 154 | 169 | 163 | 201 | 187 |
| Working Capital Days | 44 | 56 | 74 | 85 | 95 | 88 | 77 | 57 | 70 | 73 | 97 | 75 |
| ROCE % | 10% | 17% | 18% | 20% | 21% | 18% | 19% | 20% | 20% | 20% | 16% | 10% |