Carysil Ltd
NSE:CARYSIL
Carysil Ltd
Carysil Ltd. engages in the manufacture and distribution of kitchen sinks, faucets, and food waste disposers. The company is headquartered in Bhavnagar, Gujarat. The firm engaged in the manufacturing and trading of quartz kitchen sinks, stainless steel kitchen sinks, faucets, food waste disposer units, bath products, tiles, kitchen appliances and accessories, such as hobs, cooktops, ovens, wine chillers and dishwashers. The firm operates under the brand name CARYSIL. The firm provides a range of bathrooms and kitchens products. Its brands include Sternhagen and Carysil. Sternhagen offers Quartz models for basins for bathrooms. Carysil offers Quartz Antibacterial Sinks and Stainless-Steel integrated worktops. The company also offers chimney with motion sensor, oil collector and auto-cleaning. The company serves the customers in approximately 58 countries, including United States, United Kingdom, Germany, France, Canada, China, the Far East and Gulf Countries.
Carysil Ltd. engages in the manufacture and distribution of kitchen sinks, faucets, and food waste disposers. The company is headquartered in Bhavnagar, Gujarat. The firm engaged in the manufacturing and trading of quartz kitchen sinks, stainless steel kitchen sinks, faucets, food waste disposer units, bath products, tiles, kitchen appliances and accessories, such as hobs, cooktops, ovens, wine chillers and dishwashers. The firm operates under the brand name CARYSIL. The firm provides a range of bathrooms and kitchens products. Its brands include Sternhagen and Carysil. Sternhagen offers Quartz models for basins for bathrooms. Carysil offers Quartz Antibacterial Sinks and Stainless-Steel integrated worktops. The company also offers chimney with motion sensor, oil collector and auto-cleaning. The company serves the customers in approximately 58 countries, including United States, United Kingdom, Germany, France, Canada, China, the Far East and Gulf Countries.
Revenue Growth: Carysil reported 8.6% YoY revenue growth in Q3, reaching INR 225.2 crores, with strong volume gains in key product categories.
Profit Surge: Net profit jumped 69.7% YoY to INR 21.3 crores in Q3, driven by improved gross margins and operational efficiencies.
Margin Expansion: Gross and EBITDA margins improved significantly, supported mainly by lower imported raw material costs and a shift to higher-value products.
Tariff Relief: US tariffs on exports were reduced from 50% to 18%, allowing Carysil to immediately roll back heavy customer discounts that had suppressed realizations.
Capacity Expansion: Multiple capacity additions are underway across quartz sinks, stainless steel sinks, appliances, and faucets to meet domestic and international demand.
Geographic Performance: US and IKEA-related sales remained strong; UK market was soft due to macro headwinds, while Middle East and India posted robust growth.
Guidance & Outlook: Management aims for at least 15% annual revenue growth, expects further capacity expansion, and is optimistic about new trade deals boosting exports.
