Carysil Ltd

Q1 FY26Consumer Durables

Carysil Q1 FY26 earnings call: Revenue & Margins

Q1 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹1,155

Market cap₹3.4K Cr

P/E34.2

Updated23 Aug 2026

Read5 min read

The short version

From Carysil Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Future growth expectations for Carysil Limited: - Q2 FY26 revenue expected to cross INR 250 crores quarterly, implying an annualized revenue run-rate of INR 1,000 crores, surpassing earlier INR 925 crore guidance. - Capacity utilization is increasing quarter-on-quarter; quartz sink utilization projected to reach 90-95% by Q3 FY26. - Plans to expand quartz sink capacity by additional 250,000 units, adding INR 60-130 crores potential revenue. - Increased order flow from global clients like IKEA and Emaar, expanding non-US business and reducing US market dependency. - Domestic business aimed to reach INR 500 crores in 5 years through dealer expansion (adding 1,000+ dealers per year) and premium product focus. - E-commerce growth targeted at INR 50 crores out of INR 500 crore domestic target in 5 years.

2 more points management made on revenue & sales performance

Profitability & Margins

Capacity utilization is increasing quarter-on-quarter, with Q1 revenue at Rs 225 crore; expected to cross Rs 250 crore per quarter, implying an annualized run rate of Rs 1,000 crore from Q2 FY26.
EBITDA margin guidance remains intact around 19.4%, reflecting stable margins despite raw material cost pressures.
PAT grew 43.4% YoY to Rs 22.8 crore in Q1 FY26; positive momentum expected to continue driven by strong demand and operational leverage.
Capex of Rs 30-40 crore planned to expand production capacity by an additional 250,000 sinks, potentially adding Rs 60-130 crore in revenue by FY27/FY28.
Strong order book with new large contracts (e.g., IKEA non-US business increasing wallet share to 75%), supporting double-digit revenue growth.

2 more points management made on profitability & margins

See what Carysil Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Planned capex of around INR 30-40 crores for expanding stainless steel sink capacity by 250,000 units, including land, building, moulds, and machinery.
Additional INR 20 crores investment in moulds, machinery, and infrastructure to cater to IKEA's global non-US quartz sink demand.
Expansion of quartz sink capacity by 250,000 units expected by Q4 FY26, increasing total capacity to 1.25 million quartz sinks by Q1 FY27.
Planned stainless steel sink capacity expansion to 0.5 million by mid-FY27.
Capex partly funded via a rights issue channelizing INR 10 crore capital.

2 more points management made on capital expenditure plans

Top-ranked in Consumer Durables

Ranked on what management guided this quarter

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5₹1.7K Cr

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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

There is a mention of a rights issue related to a subsidiary company, involving an INR9 crore investment.
Total capex related to this rights issue is around INR30 crores, including land, building, and machinery.
No explicit mention of any new or future debt or equity fundraising beyond this rights issue and ongoing capital expenditure.

2 more points management made on fundraising & capital structure

See what Carysil Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Carysil successfully secured a large global non-US quartz sink order from IKEA, which will increase their wallet share to 75% of IKEA's quartz sink market.
The company expects to ramp up capacity quickly to meet IKEA's demand, with plans to add 250,000 sinks capacity based on forthcoming volume commitments.
Supply to the US retail client Karran has commenced, with orders exceeding initial expectations and products displayed in over 1,800 stores.
The company anticipates that revenue from the additional 250,000 sinks capacity could be around INR 60-130 crores depending on utilization.
Current capacity utilization is at about 75%, expected to peak around 90-95% by Q3 FY26.

2 more points management made on order book & pipeline

Carysil Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹234 Cr, net profit ₹27 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

What Carysil's management said in earlier quarters

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Frequently Asked Questions

What were Carysil Ltd Q1 FY26 results?

What is Carysil Ltd share price analysis?

Carysil Ltd currently shows a neutral. The stock trades at a P/E of 34.2 with a market cap of ₹3,388 Cr. Investors should review the full earnings analysis for detailed insights.

Is Carysil Ltd planning capital expenditure?

Planned capex of around INR 30-40 crores for expanding stainless steel sink capacity by 250,000 units, including land, building, moulds, and machinery.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.