LiveNSE delayed · 128/128 · 12 Oct 2026, 11:02 am
Scores stay the 15 Aug 2026 desk snapshot. Not advice.
CARBORUNIV · Capital Goods · Mid Cap · Live 12 Oct 2026, 11:02 am · Discovery

Carborundum Universal Ltd

Murugappa materials compounder. High quality, moderate growth, already a mid-cap. More 'own forever' than '10x from here'.

10X Low
Low Risk
Attractive Entry
Compounder
Sector Leader
Multibagger score
51.8/100
Market cap
₹22,767 Cr
Last price · live
₹1,197.6
−5.00 (−0.42%)
52W
₹735–₹1,369

Implied P/E 38.9x · CARBORUNIV.NS · delayed NSE

10X potential (scenario)
LOW
Base multiple
1.7x
Bull multiple
3.4x
Classification
Potential Mid Cap

Base case compounds into a durable mid-cap, not yet large-cap scale.

Final investment scorecard

Multibagger51.8 / 100
10X potentiallow
Business quality4.5 / 10
Growth runway5.9 / 10
Competitive advantage7.6 / 10
Management6.8 / 10
Balance sheet8.2 / 10
Valuation2.8 / 10
Technical setup8.2 / 10
Risklow

Why it could become a multibagger

  • Ceramics for electronics could surprise.
  • Quality of growth is among the cleanest in the book.

What needs to go right

  • Electronics ceramics scales
  • Export abrasives hold

What could destroy the thesis

  • A global industrial recession
  • A ceramics miss

What would make me sell

  • ROCE < 12%
  • A large unrelated acquisition

Key metrics to monitor

Ceramics mix
ROCE
FCF
Export
Margins

Illustrative FY25 / TTM desk snapshot compiled for this terminal. Not a live NSE/BSE feed. Cross-check annual reports, exchange filings and investor presentations before use.