StoxMTAR Technologies vs Carborundum Universal: share price & financials comparison
NSE: MTARTECH vs CARBORUNIV · Capital Goods · as of 13 Nov 2026
Both prices rebased to 100 at the start of the selected period.
MTAR Technologies vs Carborundum Universal at a glance
MTAR Technologies (MTARTECH) has a market capitalisation of ₹18,629 Cr, against ₹20,237 Cr for Carborundum Universal (CARBORUNIV). Over the past year MTAR Technologies has returned +139.7%, compared with +18.6% for Carborundum Universal. Carborundum Universal earns a higher return on equity (3.7% vs 0.0%). MTAR Technologies comes out ahead on growth and momentum. Carborundum Universal comes out ahead on size, valuation, profitability, financial health and technicals. Across the scored metrics below, MTAR Technologies leads on 6 and Carborundum Universal on 8. On StoxGud's 10-point checklist, MTAR Technologies scores 6/10 and Carborundum Universal scores 6/10.
| Metric | MTAR Technologies | Carborundum Universal |
|---|---|---|
| Size | ||
| Market cap | ₹18,629 Cr | ₹20,237 Cr |
| Revenue (latest FY) | ₹876 Cr | ₹5,206 Cr |
| Net profit (latest FY) | ₹0 Cr | ₹195 Cr |
| Valuation | ||
| P/E | — | 137.5 |
| P/B | 22.65 | 5.13 |
| Dividend yield | — | 0.50% |
| Profitability | ||
| Return on equity | 0.0% | 3.7% |
| Net profit margin | 0.0% | 2.6% |
| Operating margin | 21.1% | 11.1% |
| Growth | ||
| Revenue growth (YoY) | +130.4% | +13.2% |
| Net profit growth (YoY) | — | -83.3% |
| Revenue CAGR (multi-year) | +28.9% | +14.6% |
| Financial health | ||
| Debt to equity | 0.45 | 0.09 |
| Momentum | ||
| 1-month return | -21.5% | -10.3% |
| 1-year return | +139.7% | +18.6% |
| 3-year CAGR | +40.0% | -0.2% |
| 5-year CAGR | +26.1% | +2.8% |
| 10-year CAGR | — | +15.5% |
| Distance from 52W high | -27.7% | -18.1% |
| Technicals | ||
| RSI (14) | 43 | 54 |
| Price vs 200-day avg | +2.0% | +4.7% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | MTAR Technologies | Carborundum Universal |
|---|---|---|
| Price above 50-day average | ✗ | ✗ |
| Price above 200-day average | ✓ | ✓ |
| 50-day average above 200-day (uptrend) | ✓ | ✓ |
| RSI in healthy 40–70 zone | ✓ | ✓ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✓ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 6/10 | 6/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, MTAR Technologies or Carborundum Universal?
MTAR Technologies has a market cap of ₹18,629 Cr and Carborundum Universal has a market cap of ₹20,237 Cr as of 13 Nov 2026.
Which gave better returns in the last year, MTAR Technologies or Carborundum Universal?
MTAR Technologies did better: MTAR Technologies returned +139.7% and Carborundum Universal returned +18.6% over one year.
What is the difference between MTAR Technologies and Carborundum Universal?
Both are NSE-listed companies in Capital Goods. They are about the same size by market cap (₹18,629 Cr vs ₹20,237 Cr). In the latest financial year MTAR Technologies reported revenue of ₹876 Cr and Carborundum Universal ₹5,206 Cr. Operating margin is 21.1% for MTAR Technologies and 11.1% for Carborundum Universal. Debt to equity is 0.45 for MTAR Technologies and 0.09 for Carborundum Universal.
Which is better, MTAR Technologies or Carborundum Universal?
It depends on what you are looking for, and StoxGud does not recommend either stock. On the metrics compared above, MTAR Technologies leads on 6 and Carborundum Universal on 8. MTAR Technologies is ahead on growth and momentum. Carborundum Universal is ahead on size, valuation, profitability, financial health and technicals. On StoxGud's rules-based checklist MTAR Technologies scores 6/10 and Carborundum Universal scores 6/10. This is information, not advice: consult a SEBI-registered adviser before investing.