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Carborundum Universal Ltd (CUMI) is India's largest high alumina ceramic manufacturing company. It produces abrasives, ceramics, and electrominerals for various industries. The company manufactures bonded, coated, and super abrasives, industrial ceramics, refractories, electrominerals, and coolants. CUMI has expanded through acquisitions and joint ventures in India and internationally. It has manufacturing facilities in India, Russia, South Africa, and other countries. The company has invested in new technologies and product lines, including silicon carbide, zirconia, and engineered ceramics. CUMI has also focused on improving manufacturing processes, expanding capacity, and enhancing product quality. Recent strategic moves include acquiring stakes in Pluss Advanced Technologies and RHODIUS Group's abrasives business.
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Company insights, generated from the most recent coverage.
Q1 FY27 Abrasives PBIT fell sharply to ₹34 Cr (vs ₹60 Cr Q4 FY26) due to ~₹16 Cr cost impact from US-Iran conflict and volume drop.
Ceramics segment margin compressed due to higher fuel/alumina costs and unabsorbed costs in new semiconductor/aerospace capacity lines.
Electrominerals segment is a bright spot with PBIT surging to ₹39 Cr (from ₹7 Cr YoY) driven by GST rationalization and reduced Chinese imports.