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Carborundum Universal Ltd vs Elecon Engineering Company Ltd Stock Comparison

Carborundum Universal Ltd vs Elecon Engineering Company Ltd Stock Comparison

Last Updated on: Jun 14, 2026

Key Highlights

  • The Latest Trading Price of Carborundum Universal Ltd is ₹ 1054 as of 12 Jun 15:30 . The P/E Ratio of Carborundum Universal Ltd changed from 33.9 on March 2021 to 0 on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe P/E Ratio of Elecon Engineering Company Ltd changed from 12.3 on March 2021 to 23.3 on March 2026 . This represents a CAGR of 11.24% over 6 years The Market Cap of Carborundum Universal Ltd changed from ₹ 9653 crore on March 2021 to ₹ 0 crore on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe Market Cap of Elecon Engineering Company Ltd changed from ₹ 710.79 crore on March 2021 to ₹ 7960 crore on March 2026 . This represents a CAGR of 49.58% over 6 years The revenue of Carborundum Universal Ltd for the Mar '26 is ₹ 1429 crore as compare to the Dec '25 revenue of ₹ 1312 crore. This represent the growth of 8.92% The revenue of Elecon Engineering Company Ltd for the Mar '26 is ₹ 763.18 crore as compare to the Dec '25 revenue of ₹ 570.59 crore. This represent the growth of 33.75% The ebitda of Carborundum Universal Ltd for the Mar '26 is ₹ 40.97 crore as compare to the Dec '25 ebitda of ₹ 178.89 crore. This represent the decline of -77.1% The ebitda of Elecon Engineering Company Ltd for the Mar '26 is ₹ 73.82 crore as compare to the Dec '25 ebitda of ₹ 128.03 crore. This represent the decline of -42.34% The net profit of Carborundum Universal Ltd changed from ₹ 114.84 crore to ₹ -40.01 crore over 8 quarters. This represents a CAGR of NaN% The net profit of Elecon Engineering Company Ltd changed from ₹ 73.36 crore to ₹ 6 crore over 8 quarters. This represents a CAGR of -71.40% The Dividend Payout of Carborundum Universal Ltd changed from 30.92 % on March 2021 to 0 % on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe Dividend Payout of Elecon Engineering Company Ltd changed from 12.38 % on March 2021 to 9.41 % on March 2026 . This represents a CAGR of -4.47% over 6 years .

About Carborundum Universal Ltd

  • Carborundum Universal Limited, which is known by its acronym CUMI, is a largest high alumina ceramic manufacturing company in India.
  • CUMI manufactures and sells mainly Abrasives, Ceramics (Industrial Ceramics, Refractories) and Electrominerals.
  • It manufactures a comprehensive product range which includes, Bonded, Coated, Super Abrasives, Ceramics, Electrominerals and Coolants for a wide spectrum of industries. Carborundum Universal Limited was incorporated in April , 1954 as a joint venture between Carborundum Company, USA, Universal Grinding Wheel Company, UK and Murugappa Group, India.
  • Within ten year, they acquired a coated abrasives facility from Ajax Products Pvt.
  • Ltd. and set up a bonded abrasive facility at Thiruvottiyur in Chennai and bauxite mining in Bhatia.

About Elecon Engineering Company Ltd

  • Elecon Engineering Company Limited is a leading manufacture of mission critical Material Handling Equipment and Power Transmission Solution.
  • The Company is involved in the design and manufacturing of Material Handling Equipment and Industrial Gears and is providing erection and commissioning solutions for the products.
  • The Company works manufacturing operations based out of India, Sweden, UK, USA and The Netherlands with Sales Offices at Dubai and Singapore.
  • The products include designing, engineering, manufacturing, supply, erection and commission of wagon tipplers, bucket wheel stacker or reclaimers, barrel-type blender reclaimers, fertilizer reclaiming scrapers, limestone pre-homegenizing and blending plants etc. The Company was established in 1951 in Goregaon, Mumbai by Late Shri Ishwarbhai B.

FAQs for the comparison of Carborundum Universal Ltd and Elecon Engineering Company Ltd

Which company has a larger market capitalization, Carborundum Universal Ltd or Elecon Engineering Company Ltd?

Market cap of Carborundum Universal Ltd is 20,085 Cr while Market cap of Elecon Engineering Company Ltd is 12,008 Cr

What are the key factors driving the stock performance of Carborundum Universal Ltd and Elecon Engineering Company Ltd?

The stock performance of Carborundum Universal Ltd and Elecon Engineering Company Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Carborundum Universal Ltd and Elecon Engineering Company Ltd?

As of June 14, 2026, the Carborundum Universal Ltd stock price is INR ₹1054.4. On the other hand, Elecon Engineering Company Ltd stock price is INR ₹535.15.

How do dividend payouts of Carborundum Universal Ltd and Elecon Engineering Company Ltd compare?

To compare the dividend payouts of Carborundum Universal Ltd and Elecon Engineering Company Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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