Carborundum Universal Limited has informed the Exchange regarding a press release dated May 12, 2025, titled "Audited financial results for the financial year ended 31st March 2025.".
CARBORUNIV · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.8 pts less than Nifty Smallcap 250 and 2.8 pts less than its Abrasives & Bearings peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Carborundum Universal (CUMI) reported standalone revenue from operations of Rs 2,827.6 crore for FY25, up about 7.4% from Rs 2,633.2 crore in FY24. However, standalone net profit fell roughly 8% to Rs 321.6 crore from Rs 350.4 crore, with EPS at Rs 16.90 vs Rs 18.44. On a consolidated basis, revenue grew around 4% to Rs 4,894 crore, but the company took a one-time exceptional charge of Rs 104.13 crore related to its Russian step-down subsidiary Volzhsky Abrasive Works (VAW), which has been hit by US sanctions. After this hit, consolidated net profit attributable to owners dropped to Rs 292.7 crore from Rs 461.3 crore, a fall of roughly 37%. The board has recommended a final dividend of Rs 2.50 per share, taking total FY25 dividend to Rs 4.00 per share (Rs 1.50 interim + Rs 2.50 final), subject to shareholder approval at the 71st AGM on August 7, 2025.
The Russia-related impairment is a material negative overhang and explains most of the sharp earnings drop on the consolidated side, even though the core business continues to grow. The healthy total dividend of Rs 4/share offers some support to shareholders, but the stock may react negatively to the one-time charge and lingering uncertainty around the sanctioned Russian subsidiary.