Case study

CARBORUNIV

Carborundum Universal Limited

Tread carefully1y model +7.6%

Each stock's 10,000-path forecast, rendered as light.

33Score

Carborundum Universal Limited (CARBORUNIV) Stock Analysis & Case Study

Is CARBORUNIV a good buy? The data-driven verdict.

Carborundum Universal Limited (CARBORUNIV) trades at ₹1,097,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Carborundum Universal Limited (CARBORUNIV) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 83.3× earnings, ROE of 6.9%, a 59% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

CARBORUNIV fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹20,898 Cr
Current price
₹1,097
P/E ratio
83.3×
P/B ratio
5.35×
Book value
₹205
Dividend yield
0.36%
ROCE
10.5%
ROE
6.9%
Piotroski F-Score
5/8

How CARBORUNIV ranks against the 2,373 companies in our screener

Is CARBORUNIV overvalued? CARBORUNIV P/E vs peers

CARBORUNIV trades at 83.3× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

CARBORUNIV share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of CARBORUNIV history (14%/yr drift, 32%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
CARBORUNIV 2027₹776₹1,180₹1,795+8%
CARBORUNIV 2028₹709₹1,269₹2,270+16%
CARBORUNIV 2029₹676₹1,365₹2,757+24%
CARBORUNIV 2030₹649₹1,468₹3,321+34%
CARBORUNIV 2031₹645₹1,579₹3,863+44%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability CARBORUNIV goes up, or doubles?

59%
Higher in 1 year
Modelled chance the price is above today in 12 months
70%
Higher in 5 years
Modelled chance the price is above today in 5 years
32%
Doubles in 5 years
Modelled chance of reaching ₹2,194 within 5 years

The bull case for CARBORUNIV

  • Carborundum Universal Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹2,757.

The bear case & risks

  • CARBORUNIV's P/E of 83.3x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • CARBORUNIV's return on equity of 6.9% ranks in the 36th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹676.

CARBORUNIV volatility & expected range, how bumpy is the ride?

Over the last 9.8 years CARBORUNIV compounded at 14%/year with annualized volatility of 32%. That volatility implies a 1-year 80% range of ₹776-₹1,795, the honest backbone behind any single price target.

CARBORUNIV price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
7.6%
80% range₹776-₹1,795
P(price ↑)59%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
24.4%
80% range₹676-₹2,757
P(price ↑)66%
P(price 2×)20%
5-Year Forecast
2031
₹0
Median (P50)
43.9%
80% range₹645-₹3,863
P(price ↑)70%
P(price 2×)32%

CARBORUNIV price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
CARBORUNIV simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds CARBORUNIV hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the CARBORUNIV price target & forecast page.

CARBORUNIV Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. CARBORUNIV scores 5/8, mixed financial health.

CARBORUNIV MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy CARBORUNIV with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
UpstoxCHEAPEST30.85%3.2×
Zerodha30.87%3.2×
Groww30.92%3.2×
Dhan30.87%3.2×
Kotak Neo30.86%3.2×
Paytm Money31.36%3.2×
Pocketful31.15%3.2×
Fyers32.26%3.1×
Anand Rathi30.87%3.2×
Bajaj Broking32.00%3.1×
Share India30.92%3.2×

Compare every broker on the CARBORUNIV MTF page.

About Carborundum Universal Limited: sector, index & market-cap context

Carborundum Universal Limited (CARBORUNIV) is a mid-cap NSE-listed company, and a constituent of the Nifty 500 index, with a market capitalisation of ₹20,898 Cr. See more stocks on our screener.

How the CARBORUNIV Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Carborundum Universal Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

CARBORUNIV analysis, FAQs

Is Carborundum Universal Limited (CARBORUNIV) a good buy?

On the numbers, Carborundum Universal Limited (CARBORUNIV) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 83.3× earnings, ROE of 6.9%, a 59% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is CARBORUNIV overvalued or undervalued?

CARBORUNIV trades at 83.3× earnings, expensive versus the ~22× long-run Nifty average.

What is the CARBORUNIV share price target for 2031?

CARBORUNIV's probability-weighted 2031 median target is ₹1,579, with an 80% range of ₹645-₹3,863 (10,000-path Monte-Carlo).

What is the probability CARBORUNIV doubles in 5 years?

The modelled probability of CARBORUNIV reaching ₹2,194 (2×) within 5 years is 32%.

What is the bull case for CARBORUNIV?

Carborundum Universal Limited is part of the nifty200 universe with live, tracked fundamentals on Downstox.

What are the risks in CARBORUNIV?

CARBORUNIV's P/E of 83.3x is lower than 13% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. CARBORUNIV's return on equity of 6.9% ranks in the 36th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on CARBORUNIV