More about Carborundum Universal Limited
Fundamentals for Carborundum Universal Limited
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Fundamentals for Carborundum Universal Limited
Business Operations:
Sector: IndustrialsIndustry: Conglomerates
Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electrominerals in India and internationally. It operates through three segments: Surface Engineering; Technical Ceramics and Super Refractory Solutions; and Electrominerals. The company offers bonded and coated abrasives, metal working fluids, power tools, non-woven, and tools for stones; and electro minerals, such as alumina, carbides, zirconia, and grit powders. It also provides industrial ceramics used in chemical, defense, electronics, energy, food, heavy industries, lifestyle, medical, and minerals and metallurgy industries; and manufactures super refractories, including as acid proof cement, polymer concrete, anti-corrosive coatings and screedings, construction chemicals, concrete repair and rehabilitation materials, fibre reinforced plastic chemical process equipment, and pipes and fittings for handling corrosives. In addition, the company provides IT infrastructure facility management, software application development, remote infrastructure management, and IT security management services; and operates gas-based power generation facility. Carborundum Universal Limited was incorporated in 1954 and is based in Chennai, India.
Revenue projections:
Revenues for CARBORUNIV are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 35.218826 |
| debtToEquity | 7.950000 |
| earningsGrowth | 1.203000 |
| revenueGrowth | 0.028000 |
| grossMargins | 0.576310 |
| operatingMargins | 0.074340 |
| trailingEps | 12.990000 |
| forwardEps | 23.951680 |
CARBORUNIV's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
CARBORUNIV's price projections have gradually decreased, reflecting a less optimistic view of the company's future performance. Analysts are adjusting their expectations, suggesting potential concerns about CARBORUNIV's ability to meet previous growth targets.
Recommendation changes over time:
With a sell bias from analysts regarding Carborundum Universal Limited, investors are urged to be cautious. Instead of relying exclusively on this sentiment, it's wise to evaluate a wide range of market indicators for a more balanced and informed approach to any investment decisions involving the stock.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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