Carborundum Universal Ltd dividend

The Dividend per Share of Carborundum Universal Ltd is ₹ 4 as of 2024 .a1#The Dividend Payout of Carborundum Universal Ltd changed from 32.18 % on March 2019 to 21.73 % on March 2024 . This represents a CAGR of -6.33% over 6 years. a1#The Latest Trading Price of Carborundum Universal Ltd is ₹ 1724 as of 25 Jul 15:30 .a1#The Market Cap of Carborundum Universal Ltd changed from ₹ 7682 crore on March 2019 to ₹ 24095 crore on March 2024 . This represents a CAGR of 20.99% over 6 years. a1#The Revenue of Carborundum Universal Ltd changed from ₹ 1171 crore to ₹ 1226 crore over 8 quarters. This represents a CAGR of 2.29% a1#The EBITDA of Carborundum Universal Ltd changed from ₹ 159.35 crore to ₹ 234.26 crore over 8 quarters. This represents a CAGR of 21.25% a1#The Net Pr of Carborundum Universal Ltd changed from ₹ 85.99 crore to ₹ 142.56 crore over 8 quarters. This represents a CAGR of 28.76% a1#

Carborundum Universal Ltd, which is known by its acronym CUMI, is a largest high alumina ceramic manufacturing company in India. In March 2002, the company commissioned the cloth processing facility at Maraimalainagar in Tamil Nadu. The coated abrasive plant at Sriperumbudur in Tamil Nadu commenced their production in December 2006. During the year 2006-07, the company consolidated their coated abrasive back-end operations of cloth processing and polymer manufacturing at Maraimalai Nagar near Chennai. In November 2007, CUMI acquired the engineered ceramic business of IVP Ltd in Aurangabad to strengthen their presence in the high alumina ceramics business. Marketing efforts were also focused on specific areas and markets rather than dispersing efforts over a wider area. In Ceramics business division, the process of seeking product approvals which began in 2008-09 paid rich dividends and orders were secured from major global manufacturers of vacuum interrupters. Improved fast firing cycles were introduced in kilns for vitrified products, which will yield benefits in terms of lower fuel consumption. During the year under review, CUMI International Limited, which holds majority stake in overseas subsidiaries, infused fresh funds to support operations in China, America, Canada and South Africa. Coated products delivered a significant growth on the back of better exports and launch of technical products. Considering the decision taken to wind down operations, the fusion plant operations of Thukela Refractories, were mothballed. Retail development and industrial storming initiatives were carried out which gave the necessary mileage. Emphasis was given on the core business with introduction of new products and brands in the Vitrified standard range and select Resinoid ranges. In Russia, in order to provide the required level of quality and production volume, the Silicon Carbide processing plant commissioned a crushing complex which is now operational. New products like high-porosity Bonded Abrasives were introduced to the local markets during the year. In Electrominerals business division, the relocated facilities from South Africa were commissioned in Cochin, India in March 2017. During the financial year ended 31 March 2018, Carborundum Universal's Coated Abrasives business continued to register good growth in the conventional products in domestic market. During the year under review, the company's ceramics business established entry into Japanese markets through qualifications at OEM's for supply of Ceramic lined bends. In-house raw material was produced for Engineering Ceramics and Metallized Ceramics product enabling a better grip on the quality and the timely availability. The Refractories business developed and introduced Feeder Channels to expand Container Glass industry across the globe.