Carborundum Universal (BOM:513375) Current Ratio: 2.67 (As of Mar. 2026) — 11% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BOM:513375 Carborundum Universal Ltd BOM:513375
91 GF Score
Price ₹1,064.25
GF Value ₹1,256.38
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Carborundum Universal Current Ratio?

Carborundum Universal BOM:513375 -0.87% 91 Current Ratio is 2.67 as of Mar. 2026, which is 11% below its 10-year median of 2.99. GuruFocus rates BOM:513375 with a GF Score™ of 91/100 and a GF Value™ of ₹1,256.38 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 567 Conglomerates companies, Carborundum Universal ranks better than 79.01% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Carborundum Universal's current ratio for the quarter that ended in Mar. 2026 was 2.67.

Carborundum Universal has a current ratio of 2.67. It generally indicates good short-term financial strength.

The historical rank and industry rank for Carborundum Universal's Current Ratio or its related term are showing as below:

BOM:513375' s Current Ratio Range Over the Past 10 Years
Min: 2.13   Med: 2.99   Max: 3.79
Current: 2.67

During the past 13 years, Carborundum Universal's highest Current Ratio was 3.79. The lowest was 2.13. And the median was 2.99.

BOM:513375's Current Ratio is ranked better than
79.01% of 567 companies
in the Conglomerates industry
Industry Median: 1.6 vs BOM:513375: 2.67

Carborundum Universal  (BOM:513375) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Carborundum Universal Current Ratio Related Terms


Carborundum Universal Current Ratio Historical Data

* Premium members only.

The historical data trend for Carborundum Universal's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Carborundum Universal Current Ratio Chart

Carborundum Universal Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.13 2.74 3.23 3.35 2.67

Carborundum Universal Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.35 0.00 2.91 0.00 2.67

BOM:513375 vs HON, MMM: Current Ratio Comparison

For the Conglomerates subindustry, Carborundum Universal's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Carborundum Universal Current Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Carborundum Universal's Current Ratio distribution charts can be found below:

* The bar in red indicates where Carborundum Universal's Current Ratio falls into.


BOM:513375
91GF Score
Carborundum Universal Ltd BOM:513375
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Carborundum Universal Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Carborundum Universal's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=28406.8/10646.6
=2.67

Carborundum Universal's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=28406.8/10646.6
=2.67

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 2.67 mean?
Carborundum Universal (BOM:513375) has a Current Ratio of 2.67 as of Mar. 2026. This is 11% below median its historical median of 2.99. Over the past decade, Carborundum Universal's Current Ratio has ranged from 2.13 to 3.79. According to the industry distribution chart, Carborundum Universal ranks #119 out of 567 companies in the Conglomerates industry, placing it in the top 21%.
Is Carborundum Universal's Current Ratio too high?
Carborundum Universal's current Current Ratio of 2.67 is 11% below median its 10-year median of 2.99. Over the past 10 years, this metric has ranged from a low of 2.13 to a high of 3.79. The Conglomerates industry median Current Ratio is 1.60. Carborundum Universal's value of 2.67 is 66.9% above this industry median. Based on the distribution chart, Carborundum Universal ranks #119 out of 567 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Carborundum Universal has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carborundum Universal's Current Ratio compare to HON and MMM?
According to the Conglomerates industry distribution chart, Carborundum Universal ranks #119 out of 567 companies for Current Ratio. This places Carborundum Universal in the top 21% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.60. Carborundum Universal's value of 2.67 is 66.9% above this benchmark. Historically, Carborundum Universal's own Current Ratio has ranged from 2.13 to 3.79 over the past decade. While the company's 10-year median is 2.99 vs. the industry median of 1.60, Carborundum Universal has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Conglomerates company?
The median Current Ratio among Conglomerates companies is 1.60, based on 567 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Carborundum Universal's current Current Ratio of 2.67 is 66.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Conglomerates industry, the median Current Ratio is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Carborundum Universal's current Current Ratio is 2.67, which is 11% below median its own 10-year median of 2.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carborundum Universal stock overvalued right now?
Based on GuruFocus' analysis, Carborundum Universal (BOM:513375) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹1,256.38, compared to a current price of ₹1,064.25 — trading 15.3% below its estimated fair value. The current Current Ratio is 2.67, which is 11% below median its 10-year median of 2.99 and 66.9% above the Conglomerates industry median of 1.60. Carborundum Universal's overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Carborundum Universal (BOM:513375), the current Current Ratio is 2.67 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Carborundum Universal (BOM:513375) Overvalued in 2026?

Based on GuruFocus' analysis, Carborundum Universal stock appears to be undervalued. The current stock price of ₹1,064.25 is trading 15.3% below its estimated GF Value™ of ₹1,256.38. GuruFocus considers Carborundum Universal to be Modestly Undervalued.

Key valuation signals for BOM:513375:

  • Current Ratio: 2.67 (11% below median its 10-year median of 2.99)
  • GF Value™: ₹1,256.38 vs. price of ₹1,064.25 (15.3% below fair value)
  • GF Score™: 91/100 with 4 warning signs
  • Industry Position: 66.9% above the Conglomerates median (#119 of 567)

No single metric tells the full story. See the BOM:513375 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Carborundum Universal Business Description

Other Exchanges CARBORUNIV:India
Address 43 Moore Street, Parry House, Chennai, TN, IND, 600001
Carborundum Universal Ltd is an investment holding company. Along with its subsidiaries, it mainly provides solutions predominantly for industrial manufacturing needs by developing, manufacturing, and marketing products using the properties of materials known as electrominerals. The company's reportable business segments are; Surface engineering (material removal, cutting, polishing) known as Abrasives; Ceramics; Electrominerals; Power; IT services; and others. Maximum revenue is derived from the Abrasives segment which is comprised of bonded, coated, processed cloth, polymers, power tools, and coolants. The company generates maximum revenue through exports and the rest from its business in India.
91GF Score

Get the complete analysis for BOM:513375

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,064.25
Price
₹1,256.38
GF Value