Carborundum Universal Limited has announced its financial results for the quarter and year ended March 31, 2026. The company reported a standalone annual profit of Rs. 416 crores, compared to Rs. 322 crores in the previous year. Driven by strong performances in the Electrominerals, Ceramics, and Abrasives segments, the company declared a final dividend of Rs. 2.50 per share, bringing the total dividend for the year to Rs. 4.00 per share.
Financial Performance Overview
For the financial year ended March 31, 2026, Carborundum Universal demonstrated consistent growth. Standalone sales reached Rs. 3,024 crores, reflecting an 8.6% increase over the previous year. The company’s Electrominerals segment was a key growth driver, achieving an 11.1% increase. Meanwhile, the Ceramics and Abrasives segments recorded growth rates of 6.5% and 6.2%, respectively.
On a consolidated basis, annual sales grew by 6.5% to Rs. 5,149 crores. For the fourth quarter (January-March 2026), consolidated sales stood at Rs. 1,383 crores, marking a 15.4% growth compared to the same period in the previous year.
Dividend and Shareholder Returns
Reflecting the company’s robust financial health, the Board of Directors has recommended a final dividend of Rs. 2.50 per equity share (representing 250% of the face value of Re. 1). Combined with the interim dividend of Rs. 1.50 per share already paid, the total dividend payout for the year aggregates to Rs. 4.00 per share.
Exceptional Items and Strategic Adjustments
The company recorded exceptional items totaling Rs. 135 crores before tax for the year. This includes costs related to the voluntary winding-up of CUMI AWUKO Abrasives GmbH (CAAG) in Germany, amounting to Rs. 119 crores, and an impairment impact of Rs. 16 crores related to Foskor Zirconia (Pty) Ltd (FZL) in South Africa. These decisions follow strategic assessments regarding the long-term viability and underperformance of these specific business units.
Segmental Highlights
The growth trajectory across segments remained positive throughout the year. The Ceramics segment saw significant consolidated growth of 9.3%, while Abrasives and Electrominerals recorded consolidated growth rates of 5.1% and 3.7%, respectively. The company continues to monitor global market conditions, including geopolitical uncertainties affecting specific subsidiary operations, to ensure sustainable long-term value creation.
Source: BSE
