Carborundum Universal Limited has released the transcript of its Q3 FY'26 investor call, which took place on January 30, 2026. The call featured insights from Managing Director Mr. Sridharan Rangarajan and Advisor Investor Relations Mr. G. Chandramouli, alongside moderator Mr. Kunal Shah from DAM Capital Advisors Limited. During the call, the management provided a detailed breakdown of financial performance for both standalone and consolidated results. On a standalone basis, Q3 FY'26 sales grew by 5.6% year-on-year to ₹769 crores, with PBIT increasing by 5.3% to ₹115 crores and profit after tax rising by 4.9% to ₹85 crores. Consolidated sales for Q3 FY'26 stood at ₹1,273 crores, a 2.5% increase year-on-year, while consolidated profit after tax was ₹76 crores. The company also discussed performance across its business segments: Abrasives, Electro Minerals, and Ceramics. Abrasives showed a standalone sales growth of 9.8% year-on-year, while consolidated sales grew by 8.1%. Electro Minerals reported standalone sales growth of 8.9%, driven by exports. The Ceramics segment saw a slight year-on-year sales growth of 0.4% on a consolidated basis. Specific challenges and performances of subsidiaries like Rhodius, Awuko, VAW, and Foskor were also addressed, with management outlining plans for improvement and strategic reviews. Guidance for the full year was reaffirmed for consolidated sales growth at 5.5% to 6.5% and CAPEX at ₹350 crores. However, the guidance for consolidated Ceramics sales growth was marginally revised down to 13%-14% from 16%-18%, and Abrasives PBIT margin was revised to 4%-4.5% from 6%-6.5%. Overall consolidated PBIT margin guidance was also adjusted to 7%-8% from 8.2%-8.5%. The management expressed confidence in a strong Q4 for Ceramics and Electro Minerals, while acknowledging ongoing challenges in Foskor Zirconia and Awuko.
