Carborundum Universal Limited
1,054.70
INR
-5.20
(-0.49%)
ISIN
INE120A01034
Return %
Stock
S&P 500
1Y
15.92
14.20
3Y
-6.83
81.12
5Y
24.82
68.34
Capital Structure
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INR
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in mil. unless spec.Quarterly Revenue
INR
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in mil. unless spec.Quarterly Earnings Per Share
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- CEO
- Sridharan Rangarajan
- Full Time Employees
- 6,084
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- Dare House, No.234 Chennai TN India 600001
- IPO Date
- Feb 24, 1995
- Website
- cumi-murugappa.com
- Similar Companies
- Business
- Carborundum Universal Limited (CUMI), founded in 1954 as a tripartite joint venture between the Murugappa Group of India, Carborundum Company of the USA, and Universal Grinding Wheel Company of the UK, and headquartered in Chennai, Tamil Nadu, operates as a vertically integrated mines-to-market company in the advanced materials sector, encompassing mining, power generation, fusion, manufacturing, marketing, and distribution of abrasives, ceramics, refractories, electro-minerals, and energy storage materials. The company manufactures a broad portfolio of products including bonded abrasives such as grinding wheels and cutting discs; coated abrasives; nonwovens; power tools; metalworking fluids; industrial ceramics like wear-resistant parts, filters, tiles, and special ceramics for high-heat applications; super refractories encompassing bricks, monolithic castables, and precast shapes for steel, cement, glass, petrochemicals, and non-ferrous metals; electro-minerals such as silicon carbide grains and microgrits, brown fused alumina, white fused alumina, fused mullite, alumina zirconia, zirconia, and sol-gel abrasives; as well as composites and solutions for aerospace and defense including CFRP. CUMI serves diverse industries worldwide, including automotive, auto components, steel, glass, power generation and distribution, mining, construction, infrastructure, engineering, fabrication, petrochemicals, non-ferrous metals, super alloys, and heat treatment, with manufacturing facilities in India (Kerala, Gujarat, Tamil Nadu), Russia, South Africa, and operations spanning six continents and exports to over 50 countries via subsidiaries like Volzhsky Abrasive Works, Foskor Zirconia, CUMI Middle East FZE, Abrasive Enterprises Inc. (Canada), and CUMI Australia. Recent strategic developments include the 2024 acquisition of 100% of US-based Silicon Carbide Products Inc. (SCP) for an enterprise value of USD 6.66 million to bolster nitride bonded silicon carbide capabilities and access Americas markets in power, mining, and petrochemicals; a June 2025 minority 4.19% stake investment of Rs 79.6 million in Grian Energy Private Limited (GEPL) for 10 MW contracted renewable captive power capacity to support sustainability goals; prior integrations of German acquisitions RHODIUS Abrasives (2022, Euro 55 million enterprise value for high-performance cutting wheels) and AWUKO Abrasives assets to expand European presence; and approvals in November 2025 for promoter group reclassification of Coromandel Engineering Company Limited and Yanmar Coromandel Agrisolutions Private Limited. With consolidated sales of Rs 4,834 crores and PAT of Rs 293 crores for FY2025, CUMI maintains over 5,500 employees globally and lists on the NSE and BSE under ticker CARBORUNIV.NS.