More about Carborundum Universal Limited
Fundamentals for Carborundum Universal Limited
Regulatory Filings 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 | 39.880707 |
| debtToEquity | 7.950000 |
| earningsGrowth | 1.203000 |
| revenueGrowth | 0.028000 |
| grossMargins | 0.576310 |
| operatingMargins | 0.074340 |
| trailingEps | 12.940000 |
| forwardEps | 24.021640 |
Carborundum Universal Limited's forward EPS is higher than its trailing EPS, suggesting the company is expected to see an increase in profitability this year. This points to positive growth, indicating that Carborundum Universal Limited is projected to improve its financial performance compared to the previous year.
Price projections:
Price projections for CARBORUNIV have been gradually reduced, reflecting growing uncertainty about the company's future performance. The downward revisions indicate analysts are lowering their expectations for CARBORUNIV's market trajectory.
CARBORUNIV's price has already crossed above the upper threshold of projections, reflecting strong performance. However, with limited room for further increases, the stock may experience a stabilization phase in the near future.
Recommendation changes over time:
Analysts' sell bias for CARBORUNIV suggests caution, but investors should base their decisions on a wide range of market indicators. This ensures a more comprehensive view of CARBORUNIV's market potential and provides a better framework for making balanced investment decisions.
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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