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Carborundum Q4 Review: ICICI Securities Maintains 'Reduce', Cuts Target Price Post Underwhelming Result

Carborundum unveiled a five-year strategy to improve the product basket and grow its market share and revenues by two times while improving sustainable profits, adds the brokerage.

<div class="paragraphs"><p>Carborundum reported consolidated revenues Rs 12.2 billion (+1% YoY) and Rs 49 billion (+4% YoY) for Q4 and FY25. </p><p>(Photo Source Company).</p></div>
Carborundum reported consolidated revenues Rs 12.2 billion (+1% YoY) and Rs 49 billion (+4% YoY) for Q4 and FY25.

(Photo Source Company).

The guidance for FY26 is muted on the back of continued weakness in underlying businesses. In this backdrop, Carborundum unveiled a five-year strategy to improve the product basket and grow its market share and revenues by two times while improving sustainable profits.
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