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Carysil Ltd
NSE: CARYSIL BSE: 524091 INE482D01024 Consumer Discretionary Consumer 🔎 Screen
₹3,305 Cr
Market Cap
30.7
P/E
1.33
PEG
18.0%
ROCE
17.4%
ROE
0.46
D/E
19.3%
OPM
-9.3%
% from 52W High
79
α RS
🔍 CARYSIL is showing a high-conviction setup because it matches 9 of 37 tracked screener presets, RS Rating is 79, and an ECS of 58.3 last quarter (real cash backing the earnings). Net: Broad signal stack, not a recommendation. ? Conviction RS Rating ECS
Sources
Conviction 9/37 · RS Rating 79 · ECS 58.3
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📈 Price History
Ratio Health
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By Category
Shareholding
About

Incorporated in 1987, Carysil Ltd is engaged in manufacturing and trading of Quartz Kitchen Sinks, Stainless Steel Kitchen Sinks, Bath Products, Tiles, Kitchen Appliances and Accessories.

✓ Strengths 1
  • Company has delivered good profit growth of 20.4% CAGR over last 5 years
! Concerns

No concerns data yet.

Key Ratios Snapshot
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Strong beat – consolidated EBITDA rose 27% YoY and PAT after MI rose 37.7%, driven by margin expansion and faster domestic growth. quarter Investor Presentation One-Pager? Jun 2026
Revenue
₹262.1 Cr
+15.5% YoY; total income ₹264.8 Cr (+16.5% YoY)
EBITDA Margin
21.2%
+175 bps YoY; EBITDA ₹56.0 Cr (+27.0% YoY)
PAT
₹31.4 Cr
PAT after MI +37.7% YoY; consolidated PAT ₹32.1 Cr (+39.9% YoY)
Key Metric
33%
Domestic revenue share, up from 28% YoY; domestic revenue ₹56 Cr (+40% YoY)
What Went Right
  • Consolidated total income grew 16.5% YoY to ₹264.8 Cr, with revenue at ₹262.1 Cr (+15.5% YoY).
  • EBITDA expanded 27.0% YoY to ₹56.0 Cr; EBITDA margin improved 175 bps YoY to 21.2%, and 89 bps QoQ.
  • PAT after MI increased 37.7% YoY to ₹31.4 Cr; PAT after MI margin rose 183 bps YoY to 11.9%.
  • Domestic revenue grew 40% YoY to ₹56 Cr, lifting domestic share from 28% to 33%, while exports grew 11% to ₹111 Cr.
  • Quartz sink volumes rose 16.3% YoY to 49.4k units; kitchen appliances & others volumes jumped 43.4% YoY to 12.5k units; steel sink utilisation was strong at 94%.
What to Watch
  • Consolidated other expenses grew 21.3% YoY to ₹64.7 Cr, outpacing revenue growth of 15.5% and indicating cost creep.
  • Export growth slowed to 11% YoY (₹111 Cr vs ₹100 Cr), even as domestic grew 40%; exports still account for 67% of revenue.
  • Consolidated gross margin fell 105 bps QoQ to 54.8% from 55.9% in Q4 FY26, signalling input-cost or mix pressure after a strong quarter.
  • Return ratios remain below prior peaks: FY26 ROE was 17.3% versus 25.7% in FY22, and PAT margins at 10.6% in FY26 remain below the FY22 level of 13.3%.
  • Quartz sink capacity utilisation at 80% lags steel sinks at 94%; new capacity coming on stream by end-FY27 could keep depreciation and utilisation drags visible.
Management Guidance
  • Quartz sink capacity to expand from 1.0 Mn to 1.25 Mn units p.a., commissioning by end-FY27.
  • Kitchen appliances capacity to double from 50,000 to 100,000 units p.a., commercial operations expected by end-FY27.
  • Faucets capacity to double from 50,000 to 100,000 units p.a., commissioning on track for end-FY27.
  • Domestic business to grow 3x in the next 3-4 years.
Investor Lens
Q1 FY27 was a clear beat: consolidated total income rose 16.5% YoY, EBITDA margin improved 175 bps to 21.2%, and PAT after MI grew 37.7%. The domestic pivot is accelerating — domestic share rose from 28% to 33% and domestic revenue grew 40% — and product mix is supporting margins despite raw-material volatility. Management is deliberately in an investment phase, doubling quartz, appliances and faucets capacity by end-FY27, which explains why return ratios and PAT margins remain below FY22 peaks. The main risks are cost creep — other expenses grew 21.3%, faster than revenue — and sluggish exports at +11% YoY. Watch whether new capacity is absorbed at high utilisation and whether export growth re-accelerates; otherwise margin gains may stall.
From investor presentation · AI-generated analysis · Not investment advice
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📈 STRONG Revenue up 15.4%, PAT up 39.1% to ₹32 Cr — strong operating performance.
Revenue
Revenue for the Jun 2026 quarter came in at ₹262.0 Cr, up 15.4% YoY from Jun 2025 and 12.0% QoQ from Mar 2026. This shows solid demand momentum across the quarter.
Profitability
Net profit rose 39.1% YoY to ₹32.0 Cr and grew 18.5% sequentially. EPS improved to ₹11.05 from ₹8.02 a year ago, aided by strong operating leverage and a 24% effective tax rate.
Margins
Operating margin expanded to 20% from 19% YoY and QoQ, while operating profit grew 20.5% YoY, faster than revenue. This indicates better cost control and operating efficiency.
Balance Sheet
Debt-to-equity stood at 0.45, indicating moderate leverage. No further balance-sheet details were provided in the data.
Key Risks
The stock trades at a PE of 34.4, leaving limited room for earnings misses. Consumer discretionary demand is cyclical, and any slowdown could impact volume growth. Input cost inflation or higher interest costs could also pressure margins.
Outlook
Sequential and yearly momentum remain positive, with margins improving to 20%. Sustaining this trend will depend on consumer demand and cost stability, with valuation staying elevated.
Generated by AI · Jun 2026 results · Not investment advice
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