Overall Fundamental outlook

Business Operations:

Sector: Industrials
Industry: 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:

Revenue projections for CARBORUNIV
Revenue projections for CARBORUNIV

CARBORUNIV is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.

Financial Ratios:

currentRatio 3.346000
forwardPE 34.875538
debtToEquity 5.886000
earningsGrowth -0.756000
revenueGrowth 0.013000
grossMargins 0.537890
operatingMargins 0.074130
trailingEps 15.580000
forwardEps 17.030000

Carborundum Universal Limited's current ratio being 3.346 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that Carborundum Universal Limited can meet its financial obligations with ease.
CARBORUNIV's low growth in earnings and revenue indicates that profits could shrink. This signals potential financial difficulties for the company, suggesting that its profitability might be under pressure.
CARBORUNIV's negative gross and operating margins signal that the company is not profitable, struggling to cover costs associated with production and operations. This could be a red flag for its financial performance moving forward.
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:

Price projections for CARBORUNIV
Price projections for CARBORUNIV

Price projections for Carborundum Universal Limited have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.

Recommendation changes over time:

Recommendations trend for CARBORUNIV
Recommendations trend for CARBORUNIV


The recent sell bias from analysts on Carborundum Universal Limited suggests investors should be cautious. However, it's a good idea to base decisions on a broader range of market indicators to gain a more complete and accurate view of the stock's potential performance in the near term.