Q2 2026 Carborundum Universal Ltd Earnings Call Transcript
Key Points
- Consolidated sales in Q2 FY26 increased by 6.54% compared to Q2 FY25, reaching 1,287 crores.
- Abrasives segment showed a significant growth of 15% from Q1 FY26 to Q2 FY26.
- Ceramics segment demonstrated a strong growth of 9.4% in H1 FY26 compared to H1 FY25.
- Electro minerals exports continued to perform well, aiding the segment's growth.
- The company maintained a strong balance sheet with a low debt-equity ratio of 0.06 at the consolidated level.
- PBAT for Q2 FY26 decreased to 111 crores from 154 crores in Q2 FY25, indicating a decline in profitability.
- Standalone ceramics margins were the weakest in the last four years, attributed to adverse product mix and lower top-line.
- VAW faced a significant decline in sales and profits due to geopolitical sanctions, impacting overall performance.
- Retail segment in abrasives remained subdued, affecting overall growth in that segment.
- The company faced challenges in the ceramics and refractories segment due to project-based delays in sectors like steel and cement.
Ladies and gentlemen, good day and welcome to the Cardboard random Universal Q2 FY 26 earnings conference call hosted by Kotak Securities. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference, please signal an operator by pressing and 0 on a touchstone phone. Please note this conference is being recorded. I now hand over the conference over to Aditya Mungia.
Thank you and over to you, sir.
Thanks, Mark. .
And, good morning everyone. Welcome to the, earnings phone call of Carbon and Universal.
From the management side today we have Mr. Shiran Arangarajan, managing director, and Mr. D. Chandramoli, advisor.
Without any further delay, I'll request the management to share with us, their openings and asks for which you and can you follow, over to you. Sir.
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
