Carborundum Universal vs IFGL Refractories: Share Price, Valuation and Results Compared

Carborundum Universal Ltd (NSE: CARBORUNIV) and IFGL Refractories Limited (NSE: IFGLEXPOR) are both listed in the Manufacture of Refractory bricks, monolithic linings, and electrominerals. industry. Carborundum Universal has a market capitalisation of ₹20,573 Cr and IFGL Refractories ₹1,197 Cr, as of 9 Nov 2026. Their P/E ratios are 104.8 and 34.5 respectively. Return on equity is 4.37% for Carborundum Universal and 3.04% for IFGL Refractories. Over one year, Carborundum Universal's share price is up 16.8% and IFGL Refractories's is down 29.8%.

Carborundum Universal vs IFGL Refractories — Key Figures

MetricCarborundum UniversalIFGL Refractories
NSE SymbolCARBORUNIVIFGLEXPOR
BSE Code513375540774
Share Price₹1,052.00₹176.95
Market Cap₹20,573 Cr₹1,197 Cr
P/E Ratio104.834.5
Return on Equity4.37%3.04%
Return on Assets4.22%3.16%
Dividend Yield0.46%1.30%
Beta (1Y)0.981.17
1-Year Price Change+16.8%-29.8%
3-Month Price Change-6.2%-22.0%
52-Week Range₹735.20 – ₹1,368.90₹119.68 – ₹247.90
Latest QuarterQ2 FY27Q1 FY27
Quarterly Revenue₹1,469 Cr₹512 Cr
Quarterly Net Profit₹12 Cr₹17 Cr
Net Margin0.8%3.3%
EPS (Basic, Quarter)₹0.66₹2.37
Results Basisconsolidatedconsolidated
HeadquartersChennai, Tamil NaduKolkata, West Bengal

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Carborundum Universal Ltd

Carborundum Universal Limited, together with its subsidiaries, manufactures and sells abrasives, ceramics, and electrominerals in India and internationally. It operates through three segments: Surface Engineering, Technical Ceramics and Super Refractory Solutions, and Electrominerals. The company offers super, bonded and coated abrasives, cutting and grinding, metal working fluids, and power tools; and electro minerals, such as alumina, carbides, zirconia, and grit powders. It also provides industrial ceramics for applications in mining and mineral processing, power and energy systems, mobilit…

IFGL Refractories Limited

IFGL Refractories Limited manufactures, trades in, and sells refractory items and related equipment and accessories used in steel plants in India and internationally. The company provides specialized refractories and total refractory solutions primarily for iron and steel. It offers iron and steel solutions, such as raker plate, granshot tundish, desulphurisation lances, torpedo, basic oxygen furnance, electric arc furnance, electric steel making, ladle, tundish, and fluxes. The company also provides ceramics products, including round hole filters, hipercast, EXHOF feeder heads, and SiC-DC cas…

Frequently Asked Questions

Which is larger by market cap, Carborundum Universal or IFGL Refractories?

Carborundum Universal has a market capitalisation of ₹20,573 Cr, against ₹1,197 Cr for IFGL Refractories as of 9 Nov 2026, about 17.2 times the size by market cap.

What is the P/E ratio of Carborundum Universal and IFGL Refractories?

Carborundum Universal has a P/E of 104.8 and IFGL Refractories a P/E of 34.5 as of 9 Nov 2026.

What is the return on equity of Carborundum Universal and IFGL Refractories?

Carborundum Universal has a return on equity of 4.37% and IFGL Refractories 3.04%.

How have Carborundum Universal and IFGL Refractories shares moved over one year?

Carborundum Universal's share price is up 16.8% over one year and IFGL Refractories's is down 29.8%.

What were the latest quarterly results of Carborundum Universal and IFGL Refractories?

Carborundum Universal reported revenue of ₹1,469 Cr and net profit of ₹12 Cr for Q2 FY27. IFGL Refractories reported revenue of ₹512 Cr and net profit of ₹17 Cr for Q1 FY27. Figures are parsed from each company's exchange filing.

Which industry are Carborundum Universal and IFGL Refractories in?

Both are classified under Chemicals > Alumina & Ceramic Minerals > Manufacture of Refractory bricks, monolithic linings, and electrominerals. on FinBizNet.

Is this comparison a recommendation to buy or sell Carborundum Universal or IFGL Refractories?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.