Carborundum Universal Limited Net Assets

Latest as of September 2025: Rs38.74 Billion INR ≈ $419.00 Million USD

Carborundum Universal Limited net assets. Based on the latest financial reports, Carborundum Universal Limited (CARBORUNIV) has net assets worth Rs38.74 Billion INR (≈ $419.00 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs50.30 Billion ≈ $543.93 Million USD) and total liabilities (Rs11.55 Billion ≈ $124.92 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore how fast is Carborundum Universal Limited growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Rs38.74 Billion
% of Total Assets	77.03%
Annual Growth Rate	14.55%
5-Year Change	68.78%
10-Year Change	192.38%
Growth Volatility	11.04

Net Assets of Carborundum Universal Limited (2005–2025)

Net assets of Carborundum Universal Limited from 2005 to 2025. This chart illustrates how Carborundum Universal Limited's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Carborundum Universal Limited to measure how much of total assets are equity-financed.

Annual Net Assets for Carborundum Universal Limited (2005–2025)

The table below shows the annual net assets of Carborundum Universal Limited from 2005 to 2025. For live market cap and overall valuation, see Carborundum Universal Limited market capitalisation.

Year	Net Assets	Change
2025-03-31	Rs36.76 Billion ≈ $397.53 Million	+12.58%
2024-03-31	Rs32.65 Billion ≈ $353.10 Million	+10.74%
2023-03-31	Rs29.48 Billion ≈ $318.86 Million	+20.36%
2022-03-31	Rs24.50 Billion ≈ $264.93 Million	+12.48%
2021-03-31	Rs21.78 Billion ≈ $235.53 Million	+14.39%
2020-03-31	Rs19.04 Billion ≈ $205.90 Million	+7.18%
2019-03-31	Rs17.76 Billion ≈ $192.11 Million	+9.26%
2018-03-31	Rs16.26 Billion ≈ $175.83 Million	+12.25%
2017-03-31	Rs14.48 Billion ≈ $156.64 Million	+15.21%
2016-03-31	Rs12.57 Billion ≈ $135.96 Million	+9.66%
2015-03-31	Rs11.47 Billion ≈ $123.99 Million	-2.50%
2014-03-31	Rs11.76 Billion ≈ $127.17 Million	+3.79%
2013-03-31	Rs11.33 Billion ≈ $122.52 Million	+10.59%
2012-03-31	Rs10.24 Billion ≈ $110.79 Million	+27.27%
2011-03-31	Rs8.05 Billion ≈ $87.05 Million	+45.71%
2010-03-31	Rs5.52 Billion ≈ $59.74 Million	0.00%
2009-03-31	Rs5.52 Billion ≈ $59.74 Million	+13.98%
2008-03-31	Rs4.85 Billion ≈ $52.41 Million	+34.42%
2007-03-31	Rs3.61 Billion ≈ $38.99 Million	+23.71%
2006-03-31	Rs2.91 Billion ≈ $31.52 Million	+19.89%
2005-03-31	Rs2.43 Billion ≈ $26.29 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Carborundum Universal Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have grown by 2368543000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Carborundum Universal Limited Net Assets Breakdown (March 2025)

Carborundum Universal Limited net assets breakdown by equity component as of March 2025.

Component	Amount	Percentage
Retained Earnings	Rs23.69 Billion	67.12%
Common Stock	Rs190.40 Million	0.54%
Other Comprehensive Income	Rs10.80 Billion	30.62%
Other Components	Rs606.86 Million	1.72%
Total Equity	Rs35.29 Billion	100.00%

Carborundum Universal Limited Competitors by Market Cap

The table below lists competitors of Carborundum Universal Limited ranked by their market capitalization.

Company	Market Cap
iRay Technology Co Ltd SHG:688301	$2.29 Billion
Corporativo Fragua S.A.B. de C.V MX:FRAGUAB	$2.29 Billion
Guangdong Dongfang Precision Science & Technology Co Ltd SHE:002611	$2.29 Billion
Shandong Publishing & Media SHG:601019	$2.29 Billion
Zhejiang Semir Garment Co Ltd SHE:002563	$2.29 Billion
Webull Corp NASDAQ:BULL	$2.29 Billion
Veeco Instruments Inc NASDAQ:VECO	$2.29 Billion
Guangdong Aofei Data Technology Co Ltd Class A SHE:300738	$2.29 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Carborundum Universal Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 31,257,020,000 to 35,286,200,000, a change of 4,029,180,000 (12.9%).
Net income of 2,927,390,000 contributed positively to equity growth.
Dividend payments of 761,300,000 reduced retained earnings.
Share repurchases of 54,480,000 reduced equity.
New share issuances of 54,500,000 increased equity.
Other comprehensive income increased equity by 1,559,480,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Rs2.93 Billion	+8.3%
Dividends Paid	Rs761.30 Million	-2.16%
Share Repurchases	Rs54.48 Million	-0.15%
Share Issuances	Rs54.50 Million	+0.15%
Other Comprehensive Income	Rs1.56 Billion	+4.42%
Other Changes	Rs303.59 Million	+0.86%
Total Change	Rs-	12.89%

Book Value vs Market Value Analysis

This analysis compares Carborundum Universal Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 5.92x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 89.50x to 5.92x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-03-31	Rs12.40	Rs1110.10	x
2006-03-31	Rs14.94	Rs1110.10	x
2007-03-31	Rs18.32	Rs1110.10	x
2008-03-31	Rs23.93	Rs1110.10	x
2009-03-31	Rs26.99	Rs1110.10	x
2010-03-31	Rs26.99	Rs1110.10	x
2011-03-31	Rs39.83	Rs1110.10	x
2012-03-31	Rs50.41	Rs1110.10	x
2013-03-31	Rs56.36	Rs1110.10	x
2014-03-31	Rs58.89	Rs1110.10	x
2015-03-31	Rs57.77	Rs1110.10	x
2016-03-31	Rs62.86	Rs1110.10	x
2017-03-31	Rs73.15	Rs1110.10	x
2018-03-31	Rs82.61	Rs1110.10	x
2019-03-31	Rs90.99	Rs1110.10	x
2020-03-31	Rs98.10	Rs1110.10	x
2021-03-31	Rs112.37	Rs1110.10	x
2022-03-31	Rs124.23	Rs1110.10	x
2023-03-31	Rs148.15	Rs1110.10	x
2024-03-31	Rs164.12	Rs1110.10	x
2025-03-31	Rs187.44	Rs1110.10	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Carborundum Universal Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 8.30%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.98%
• Asset Turnover: 1.05x
• Equity Multiplier: 1.32x
Recent ROE (8.30%) is below the historical average (16.83%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	20.91%	13.63%	0.98x	1.57x	Rs252.73 Million
2006	32.05%	20.51%	0.92x	1.70x	Rs615.16 Million
2007	22.05%	13.81%	0.78x	2.05x	Rs412.15 Million
2008	26.81%	14.94%	0.75x	2.40x	Rs751.02 Million
2009	20.84%	9.74%	0.82x	2.61x	Rs546.23 Million
2010	22.90%	9.76%	0.90x	2.61x	Rs650.10 Million
2011	22.91%	11.00%	1.04x	2.00x	Rs962.41 Million
2012	23.16%	11.15%	1.11x	1.86x	Rs1.25 Billion
2013	8.48%	4.55%	1.03x	1.80x	Rs-161.39 Million
2014	8.27%	4.31%	1.07x	1.80x	Rs-190.95 Million
2015	12.18%	6.47%	1.12x	1.68x	Rs237.30 Million
2016	12.15%	7.41%	1.03x	1.59x	Rs255.12 Million
2017	12.65%	8.28%	1.10x	1.39x	Rs365.88 Million
2018	13.78%	9.11%	1.13x	1.34x	Rs591.61 Million
2019	14.37%	9.21%	1.20x	1.29x	Rs752.68 Million
2020	14.66%	10.48%	1.13x	1.23x	Rs865.82 Million
2021	13.34%	10.80%	0.98x	1.26x	Rs711.62 Million
2022	14.10%	10.03%	1.00x	1.41x	Rs969.78 Million
2023	14.68%	8.89%	1.19x	1.39x	Rs1.32 Billion
2024	14.76%	9.81%	1.13x	1.33x	Rs1.49 Billion
2025	8.30%	5.98%	1.05x	1.32x	Rs-601.23 Million

Industry Comparison

This section compares Carborundum Universal Limited's net assets metrics with peer companies in the Conglomerates industry.

Industry Context

Industry: Conglomerates
Average net assets among peers: $15,607,925,252
Average return on equity (ROE) among peers: 9.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Carborundum Universal Limited (CARBORUNIV)	Rs38.74 Billion	20.91%	0.30x	$2.29 Billion
Balmer Lawrie & Company Limited (BALMLAWRIE)	$2.65 Billion	15.69%	1.73x	$302.18 Million
BEML Limited (BEML)	$21.76 Billion	2.62%	1.27x	$1.85 Billion
Career Point Limited (CAREERP)	$3.38 Billion	1.72%	0.18x	$39.37 Million
Cyient Limited (CYIENT)	$25.58 Billion	13.39%	0.63x	$1.36 Billion
DCM Shriram Limited (DCMSHRIRAM)	$65.22 Billion	6.86%	0.77x	$1.50 Billion
Excel Realty N Infra Limited (EXCEL)	$1.71 Billion	0.13%	0.02x	$13.58 Million
Godrej Industries Limited (GODREJIND)	$5.04 Billion	11.68%	3.53x	$3.47 Billion
Hindustan Foods Limited (HNDFDS)	$11.93 Billion	12.49%	1.66x	$745.31 Million
Jain Irrigation Systems Limited (JISLDVREQS)	$3.20 Billion	19.25%	3.23x	$3.86 Million

About Carborundum Universal Limited

NSE:CARBORUNIV India Conglomerates

Market Cap

$2.29 Billion

Rs211.43 Billion INR

Market Cap Rank

#5510 Global

#254 in India

Share Price

Rs1110.10

Change (1 day)

+2.80%

52-Week Range

Rs748.35 - Rs1296.50

All Time High

Rs1798.18