Carborundum Universal Limited has informed the Exchange about Transcript of the Investor's call held on May 15, 2026.
CARBORUNIV · price
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Carborundum Universal reported standalone revenue of INR 3,024 crores (crossing INR 3,000 crores milestone) and PAT of INR 416 crores, growing 8.6% and 29.4% respectively in FY26. Consolidated revenue was INR 5,149 crores with 6.5% growth. The company disclosed exceptional items of INR 135 crores for FY26 related to closure of two loss-making subsidiaries - Awuko Abrasives (INR 119 crores) and Foskor Zirconia (INR 16 crores write-down). All three segments showed strong sequential recovery in H2 FY26 with double-digit growth. For FY27, management guided consolidated sales growth of 4-4.5% (or 11-12% excluding divested subsidiaries), consolidated Abrasives margins improving to 9.5-10% from 7.9% comparable in FY26, and CAPEX of INR 400 crores. The company launched Aspiration 2030 with seven building blocks including advanced ceramics for semiconductors and aerospace/defence segments.
Strong margin improvement guidance signals management confidence in profitability turnaround. Divestiture of Awuko and Foskor removes drag on consolidated earnings. The stock could see positive re-rating as loss-making subsidiaries are exited and new high-growth segments (SOFC, semiconductors) scale up.