Carborundum Universal Limited

Global manufacturer of abrasives, ceramics, and electro minerals with a wide range of products and international presence.

1954 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 01, 2024

Carborundum Universal Profile

Key Indicators

  • Authorised Capital ₹ 38.73 Cr
  • Paid Up Capital ₹ 19.03 Cr
  • Company Age 70 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 170.09 Cr
  • Satisfied Charges ₹ 707.14 Cr
  • Revenue Growth 12.61%
  • Profit Growth 30.05%
  • Ebitda 25.64%
  • Net Worth 15.27%
  • Total Assets 7.42%

About Carborundum Universal

Carborundum Universal Limited (CUL) was founded in India on 21 April 1954 and has a glorious history of 70 years and ten months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513375 and on the National Stock Exchange(NSE) under CARBORUNIV.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 38.73 Cr and a paid-up capital of Rs 19.03 Cr.

The company currently has active open charges totaling ₹170.09 Cr. The company has closed loans amounting to ₹707.14 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Carborundum Universal Limited India are Purushothaman Padmanabhan as CFO and Rekha Surendhiran as Company Secretary. Sanjay Jayavarthanavelu, Murugappan Muthiah, Aroon Raman, and Four other members serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    cumi.murugappa.com

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    L29224TN1954PLC000318

  • Company No.

    000318

  • Stock Symbol

    BSE : 513375 NSE : CARBORUNIV

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1954

  • Date of AGM

    02 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Manufacturing

What products or services does Carborundum Universal Limited offer?

Carborundum Universal Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Powder Coatings, Drills, Grinders, Saws & Power Tools, Grinding & Polishing Tools, Saw Blades & Grinding Wheels, Cutting Wheels, Paper & Paper Made Products, Kraft Paper, Electric Sander, Industrial Paints and Coatings.

Who are the key members and board of directors at Carborundum Universal?

Executive Team (3)

NameDesignationAppointment DateStatus
Sridharan Rangarajan Country flag representing In Managing Director01-Jul-2021Current
Purushothaman Padmanabhan Country flag representing In CFO28-Oct-2020Current
Rekha Surendhiran Country flag representing In Company Secretary23-Aug-2013Current

Board Members (6)

NameDesignationAppointment DateStatus
Sujjain Talwar Country flag representing In Director 09-May-2017Current
Aroon Raman Country flag representing In Director 30-Oct-2013Current
Sanjay Jayavarthanavelu Country flag representing In Director 27-Jan-2010Current
Murugappan Muthiah Country flag representing In Director 17-Oct-1996Current
Soundara Kumar Country flag representing In Director 03-Aug-2019Current
Pundi Raghavan Country flag representing In Director 09-May-2017Current

Financial Performance of Carborundum Universal.

Carborundum Universal Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.61% increase. The company also saw a substantial improvement in profitability, with a 30.05% increase in profit. The company's net worth Soared by an impressive increase of 15.27%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.61%
Revenue from Operations
13.30%
Total Assets
7.42%
Profit or Loss
30.05%
Net Worth
15.27%
EBITDA
25.64%

What is the Ownership and Shareholding Structure of Carborundum Universal?

In 2023, Carborundum Universal had a promoter holding of 41.52% and a public holding of 58.48%. The company had 4 Subsidiaries and 3 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹170.09 Cr

Satisfied Charges

₹707.14 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 170.00 Cr
  • Others : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jun 2021Others₹0.90 MOpen
09 Jul 2008State Bank Of India₹170.00 CrOpen
16 Jul 2012State Bank Of India₹115.33 CrSatisfied
24 Mar 2009Export-Import Bank Of India₹50.00 CrSatisfied
02 Mar 2009Idbi Trusteeship Services Limited₹50.00 CrSatisfied

How Many Employees Work at Carborundum Universal?

Carborundum Universal has a workforce of 472 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Carborundum Universal, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Carborundum Universal's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Carborundum Universal

Recent activity within the organization

  • Annual General Meeting

    Carborundum Universal Limited last Annual general meeting of members was held on 02 Aug 2023 as per latest MCA records.

    02 Aug 2023

  • Balance Sheet

    Carborundum Universal Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Sridharan Rangarajan was appointed as a Managing Director was appointed as a Managing Director on 01 Jul 2021 & has been associated with this company since 3 years 7 months .

    01 Jul 2021

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100459201 was registered on 19 Jun 2021.

    19 Jun 2021

  • Director Appointment

    Soundara Kumar was appointed as a Director was appointed as a Director on 03 Aug 2019 & has been associated with this company since 5 years 6 months .

    03 Aug 2019

  • Director Appointment

    Sujjain Suresh Talwar was appointed as a Director was appointed as a Director on 09 May 2017 & has been associated with this company since 7 years 9 months .

    09 May 2017

Frequently asked questions

  • Carborundum Universal Limited was incorporated on 21 Apr 1954.

  • The authorized share capital of Carborundum Universal Limited is ₹ 38.73 Cr and paid-up capital is ₹ 19.03 Cr.

  • Currently 9 directors are associated with Carborundum Universal Limited.

    • Sanjay Jayavarthanavelu
    • Murugappan Murugappan Muthiah
    • Aroon Raman
    • Sujjain Suresh Talwar
    • Sridharan Rangarajan
    • Soundara Kumar
    • Pundi Srinivasan Raghavan
    • Purushothaman Padmanabhan
    • Rekha Surendhiran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Carborundum Universal Limited is Parry House, 43 Moore Street, Chennai, Tamil Nadu, India, 600001.

  • The corporate identification number (CIN) of Carborundum Universal Limited is L29224TN1954PLC000318 and the company number is 000318 as per Ministry of Corporate Affairs (MCA).

  • Yes, Carborundum Universal Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): CARBORUNIV.

  • The Official website of Carborundum Universal Limited is https://www.cumi.murugappa.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Carborundum Universal Limited has risen by 12.61%.

  • As Per 2023 financial reports, 472 employees are currently employed by Carborundum Universal Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Carborundum Universal Limited has experienced an upsurge of 15.27%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Carborundum Universal Limited amount to ₹ 170.09 Cr.

  • The most recent Balance Sheet for Carborundum Universal Limited was filed with the ROC on 31 Mar 2023.

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