Icon times
Q4FY21 and FY21 result analysis of Carborundum Universal

Q4FY21 and FY21 Result Analysis of Carborundum Universal

Published on 04 May 2021 .Views 172 .Comments 0
Share On


  • Consolidated revenue from the core operations for Q4FY21 jumped 28% YoY and 3.2% QoQ and stood near Rs.750 crores.
  • Revenue for the whole year was up by only 1.4% and stood at Rs. 2604 crores.
  • Abrasives business recorded a rise in sales by almost 40% YoY on account of better product mix.
  • Ceramics business recorded a jump of 36% YoY in sales on account of good growth in business activities in the Volzhsky Abrasives Works, Russia.
  • Sales for electro minerals business was up by 15% YoY. However, performance was not up to the mark since revenue for the whole year was marginally up by 3.7%.



  • Rise in operating profits by 46% YoY and 17.5% QoQ on account of better product mix and cost management strategies.
  • Operating profit margins improved by 230 bps YoY and 220 bps QoQ and was near 18.4% for the quarter.
  • Abrasives division recorded a 119% YoY spike in operating profits during the quarter on the back of higher volumes, minimizing operating cost and product mix.
  • Cost saving strategies and better volumes in the domestic electro minerals market and consistency in performance by Russian subsidiary caused the operating profits to jump from Rs.104 crores in FY20 to Rs.136 crores in FY21.   

Detailed Results Analysis
private article suscription area icon

You like to know more. We like that!

Please subscribe Model Portfolio Plan to get access of all premium model portfolio articles Only at Rs. 9,999.00/Year.

Please login to view this free article.

This blog is available only for logged in users, please register and get access to view this article.

Recently Uploaded

premium Premium
free Free
Chat on WhatsApp
Caret UP Arrow
InvestYadnya Support
Typically replies in minutes
InvestYadnya Support
Hi there
Welcome to InvestYadnya.
We are available to assist you on WhatsApp.
Please click on the button below to chat with us.
(10 AM to 7 PM IST)
Chat with InvestYadnya