Carborundum Universal Limited — Investor Meet, 14-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Carborundum Universal's Q1 FY26 saw consolidated sales grow 1.9% to INR 1,207 Cr, but PAT plunged 45.2% to INR 62 Cr. This was primarily due to volume drops in VAW (sanctions), Rhodius (logistics disruption causing EUR 1.6 million loss), and standalone Abrasives (inventory correction). Standalone PAT rose 55.4% to INR 145 Cr, boosted by a one-time dividend. Management expects Rhodius issues to stabilize, with EMD margins improving as higher alumina costs are passed on. Despite Q1 headwinds, long-term strategy, capex plans, balance sheet strength, and cash flows remain robust.