Carysil Q1 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,801 Cr
- P/E
- 26.03
- ROE
- 17.44%
- PEG
- 1.09
- Price to sales
- 2.92
- Debt to equity
- 0.46
- 52W high / low
- ₹1,252 / ₹737
- Sales growth (5Y)
- 24.43%
- EBITDA margin
- 19.47%
- Net profit margin
- 10.80%
- Promoter holding
- 41.34%
- Sales (last year)
- ₹959 Cr
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.
Guidance scorecard · Q1 FY27 call
What Carysil Ltd's management guided
and where it ranks in Consumer Durables
Consumer Durables
RevenueQ1 FY27 call
10–20%- Carysil targets 15% annual revenue and volume growth for the next 5 years, aiming to add INR1,000 crores in revenue over this period.
- For FY27, guidance is 15% volume and value growth across product categories with stable average prices.
- The company plans INR80-90 crores capex in FY27, primarily expanding kitchen sink business (granite sinks INR40-50 crores, stainless steel INR20 crores, faucets/appliances INR20 crores).
- Capacity expansions: 250,000 additional granite sinks and 150,000 stainless steel sinks expected by March 2027 to meet growing demand and prevent capacity constraints.
- Domestic sales growing faster (~40% YoY) compared to exports (~10.6% YoY), driven by premiumization and volume growth.
2 more points from Carysil Ltd's call on revenue
Create a free account to keep reading this call
MarginsQ1 FY27 call
FlatSee what Carysil Ltd said on margins — free account, 30 seconds.
CapexQ1 FY27 call
Planned- Carysil is investing approximately INR 80 to 90 crores capex in the current financial year.
- INR 40-50 crores allocated for expanding granite sink capacity.
- INR 20 crores for stainless steel sink capacity expansion.
- INR 20 crores toward faucets and appliances.
- The company plans to add 250,000 units capacity for granite sinks and 150,000 units for stainless steel sinks by March 2027.
- New factory construction started on adjacent land to cater to B2C, B2B OEM customers like Kohler, Hafele, Grohe.
- Investment in new technology and machines to improve faucet manufacturing quality for exports.
2 more points from Carysil Ltd's call on capex
Create a free account to keep reading this call
FundraisingQ1 FY27 call
See what Carysil Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY27 call
Rising- Carysil is currently experiencing strong order booking momentum, described as the "strongest order booking position" to date.
- The factory is operating at nearly 90% capacity utilization for June and Q1 FY27, signaling high demand.
- Current orders require the factory to run 7 days a week, indicating stress on capacity and the need for expansion.
- Order book momentum is mainly driven by large OEM customers like Lowe's, Home Depot, and Amazon.
2 more points from Carysil Ltd's call on the order book
Create a free account to keep reading this call
Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Consumer Durables
on management's own guidance
- Strong growth2
- Strong growth1
- Strong growth3
Portfolio builder
Build your portfolio
from the top-ranked stocks
- 1. Pick 3–15 stocks
- 2. Choose large, mid or small cap and your sectors
- 3. Get a portfolio built from the rankings
Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Consumer Durables companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Up 2%+ | ₹166 Cr | 20.3 | |
| 2 | 40%+ | Up 2%+ | ₹100 Cr | 12.7 | |
| 3 | 40%+ | Up 0–2% | ₹3,249 Cr | 17.4 | |
| 4 | 40%+ | Up 0–2% | ₹2,081 Cr | 18.8 | |
| 5 | 40%+ | Flat | ₹2,429 Cr | 41.1 | |
| 6 | 40%+ | Flat | ₹2,163 Cr | 25.6 |
Sign up free to see every company in the sector ranking and track Carysil Ltd.
Pro shows every company guiding 40%+ revenue growth →Full Consumer Durables rankingFinancials of Carysil Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Carysil Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 146 | 142 | 164 | 188 | 191 | 201 | 207 | 203 | 204 | 227 | 241 | 223 | 234 |
| Expenses + | 119 | 116 | 131 | 153 | 156 | 165 | 170 | 174 | 169 | 183 | 195 | 180 | 189 |
| Operating Profit | 26 | 26 | 33 | 35 | 35 | 36 | 37 | 29 | 35 | 44 | 46 | 42 | 45 |
| OPM % | 18% | 18% | 20% | 19% | 18% | 18% | 18% | 14% | 17% | 19% | 19% | 19% | 19% |
| Other Income + | 1 | 1 | 1 | 1 | 2 | 1 | 2 | 4 | 2 | 1 | 5 | 1 | 5 |
| Interest | 4 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 5 | 5 | 5 | 5 | 5 |
| Depreciation | 7 | 7 | 8 | 8 | 9 | 9 | 10 | 9 | 8 | 9 | 10 | 10 | 11 |
| Profit before tax | 16 | 16 | 22 | 22 | 21 | 23 | 24 | 18 | 24 | 30 | 36 | 29 | 34 |
| Tax % | 23% | 25% | 28% | 31% | 26% | 30% | 27% | 31% | 20% | 24% | 25% | 28% | 19% |
| Net Profit + | 12 | 12 | 16 | 15 | 16 | 16 | 17 | 13 | 19 | 23 | 27 | 21 | 27 |
| EPS in Rs | 4.64 | 4.32 | 5.76 | 5.72 | 5.79 | 5.91 | 5.91 | 4.40 | 6.54 | 8.02 | 9.56 | 7.41 | 9.53 |
Financials of Carysil Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 127 | 174 | 181 | 196 | 252 | 276 | 310 | 484 | 594 | 684 | 816 | 924 |
| Expenses + | 103 | 143 | 154 | 169 | 209 | 229 | 243 | 379 | 484 | 553 | 675 | 747 |
| Operating Profit | 24 | 31 | 27 | 27 | 42 | 48 | 67 | 105 | 110 | 131 | 140 | 177 |
| OPM % | 19% | 18% | 15% | 14% | 17% | 17% | 22% | 22% | 18% | 19% | 17% | 19% |
| Other Income + | 1 | 2 | 3 | 5 | 2 | 5 | 8 | 10 | 2 | 5 | 9 | 12 |
| Interest | 8 | 9 | 11 | 8 | 12 | 10 | 8 | 11 | 17 | 23 | 26 | 20 |
| Depreciation | 4 | 5 | 6 | 7 | 9 | 12 | 13 | 18 | 26 | 32 | 36 | 40 |
| Profit before tax | 13 | 18 | 13 | 17 | 24 | 30 | 54 | 86 | 68 | 81 | 88 | 130 |
| Tax % | 32% | 32% | 37% | 28% | 28% | 25% | 27% | 24% | 22% | 28% | 27% | 24% |
| Net Profit + | 9 | 12 | 8 | 12 | 17 | 23 | 39 | 65 | 53 | 58 | 64 | 99 |
| EPS in Rs | 3.75 | 4.21 | 2.80 | 4.61 | 6.65 | 8.27 | 14.65 | 24.26 | 19.58 | 21.59 | 22.43 | 34.52 |
| Dividend Payout % | 21% | 24% | 36% | 22% | 18% | 15% | 14% | 10% | 10% | 9% | 11% | 9% |
Financials of Carysil Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 |
| Reserves | 37 | 74 | 107 | 113 | 130 | 152 | 186 | 248 | 298 | 349 | 521 | 603 |
| Borrowings + | 73 | 67 | 80 | 92 | 97 | 102 | 107 | 150 | 235 | 312 | 276 | 274 |
| Other Liabilities + | 32 | 52 | 41 | 50 | 59 | 65 | 93 | 150 | 174 | 178 | 182 | 160 |
| Total Liabilities | 147 | 199 | 233 | 260 | 291 | 325 | 391 | 553 | 712 | 845 | 985 | 1,042 |
| Fixed Assets + | 58 | 67 | 98 | 111 | 119 | 125 | 152 | 206 | 328 | 404 | 414 | 479 |
| CWIP | 4 | 2 | 2 | 2 | 4 | 9 | 10 | 21 | 14 | 10 | 12 | 25 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 85 | 131 | 132 | 146 | 168 | 191 | 229 | 326 | 371 | 430 | 560 | 538 |
| Total Assets | 147 | 199 | 233 | 260 | 291 | 325 | 391 | 553 | 712 | 845 | 985 | 1,042 |
Financials of Carysil Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 7 | 11 | 6 | 16 | 24 | 30 | 45 | 52 | 71 | 58 | 60 | 109 |
| Cash from Investing Activity + | -27 | -13 | -14 | -20 | -17 | -19 | -35 | -73 | -136 | -102 | -109 | -89 |
| Cash from Financing Activity + | 25 | 19 | 2 | -0 | -4 | -10 | -9 | 18 | 64 | 48 | 53 | -25 |
| Net Cash Flow | 5 | 17 | -6 | -5 | 2 | 1 | 2 | -2 | -1 | 5 | 4 | -5 |
| Free Cash Flow | -5 | 2 | -7 | -4 | 5 | 10 | 10 | -21 | 13 | -34 | 13 | -2 |
| CFO/OP | 33% | 49% | 42% | 80% | 75% | 79% | 86% | 68% | 78% | 59% | 58% | 80% |
Financials of Carysil Ltd
Ratios
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 93 | 89 | 77 | 89 | 79 | 82 | 98 | 76 | 63 | 74 | 65 | 64 |
| Inventory Days | 239 | 184 | 216 | 213 | 170 | 180 | 161 | 212 | 184 | 285 | 290 | 221 |
| Days Payable | 120 | 174 | 138 | 167 | 99 | 87 | 124 | 162 | 111 | 143 | 105 | 87 |
| Cash Conversion Cycle | 212 | 99 | 155 | 135 | 150 | 175 | 136 | 126 | 137 | 216 | 251 | 198 |
| Working Capital Days | 6 | 14 | 18 | 11 | 22 | 34 | 41 | 40 | 19 | 25 | 49 | 40 |
| ROCE % | 22% | 20% | 14% | 12% | 16% | 16% | 22% | 27% | 18% | 17% | 15% | 18% |
Guidance history
How Carysil Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q1 FY27 call → | 10–20% | Flat | Planned | — | Rising |
| Q4 FY26 call → | 10–20% | Flat | Planned | — | Rising |
| Q3 FY26 call → | 10–20% | Flat | Planned | — | Rising |
| Q2 FY26 call → | 10–20% | Flat | Planned | — | Rising |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
29 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | +7.8% | 67% |
| Last 6 months | +9.3% | 66% |
| Last 3 months | −17.0% | 26% |
The price is 21.9% below its all-time high of ₹1,251.7 (10 Aug 2026). Stocks more than 20% below their peak have their score halved, so 59 became 29.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Carysil Ltd: 0.4 × 67 + 0.4 × 66 + 0.2 × 26 = 59, halved to 29 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 28 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Carysil Ltd's management said in earlier quarters
Others in Consumer Durables this season
- V-Guard Industries Ltd (Q2 FY27)
1,852.89 crore, up 38.2% YoY from Rs. Key investor presentation takeaways from V-Guard Industries Ltd's Q2 FY27 investor presentation — and how it ranks against
- Epack Durable Ltd (Q2 FY27)
Q2 FY27 Operating Revenue: ₹4,393 Mn, up 106.0% YoY (Page 7, 6) . Key investor presentation takeaways from Epack Durable Ltd's Q2 FY27 investor presentation — a
- Naman Industries Proxima Limited (Q2 FY27)
Revenue from operations for H1 FY27: ₹88.6 Cr, up 28.6% YoY (Page 10). Key investor presentation takeaways from Naman Industries Proxima Limited's Q2 FY27 inves
- P N Gadgil Jewellers Ltd (Q2 FY27)
Q2 FY27 Revenue from Operations: ₹26,663.8 million, up 22.4% YoY from ₹21,776.2 million in Q2 FY26 (Page 19). Key investor presentation takeaways from P N Gadgi