3 weeks ago

Carborundum Universal Q1FY27 revenue up 19%, margin pressure persists

Carborundum Universal Q1FY27 revenue up 19%, margin pressure persists
Stock Market Today Live, 12 August: Stock to buy today: Carborundum Universal · thehindubusinessline.com

Carborundum Universal is a company that makes machines and parts used in factories and power plants.

It told everyone how much money it earned in the first three months of its financial year.

The company earned more revenue than last year, but the profit part got smaller compared to what it made.

That happened because some orders were delayed when shipping costs went up by three to four times.

Customers in India are taking longer before placing new orders.

Buyers in other countries, like the United States and Southeast Asia, are still showing interest.

The company also does repair and upkeep work for old machines, called the 'aftermarket' business, and that grew a lot.

The company says the year should end better, with more growth coming in the second half.

Experts who study stocks still think it is a good company to buy gradually, and they believe its shares could be worth more later.

So the short term is a little bumpy, but people watching the company are hopeful about the future.

Key facts

Current Market Price
Rs 597
Target Price
Rs 691
Rating
Accumulate
Q1FY27 Revenue
Rs 4.43bn (+19.2% YoY)
EBITDA Margin
11.6% vs 19.8% in Q1FY26
Profit After Tax
Rs 511mn
Closing Order Book
Rs 21.8bn (+5.1% YoY)
Aftermarket Order Book
Rs 6.24bn (+115% YoY)

Sources

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