Slide 1: Accelerating Momentum
ACCELERATING MOMENTUM CARYSIL LIMITED Q3 FY26 Investor Presentation BRAND DEVELOPMENT TALENT ACQUISITION INNOVATION GLOBALISATION DIVERSIFICATION EXPANSION
Slide 2: Disclaimer
This presentation and the accompanying slides (the “Presentation”), which have been prepared by Carysil Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not
Slide 3: Table of Contents
Table of Contents Company Overview Investment Thesis Strategic Priorities Q3 & 9M FY26 Highlights Annexures
Slide 4: Company Overview
Company Overview
Slide 5: Carysil: World Class Manufacturing - Made in India
Carysil : World Class Manufacturing - Made in India Carysil’s journey has been shaped by strong core values, resilience, and a commitment to quality and design that are embedded in our manufacturing DNA. Our focus on responsiveness and international scale has enabled us to navigate complexities with
Slide 6: Precision, Innovation and Quality at Scale
Precision, Innovation and Quality at Scale Asia’s largest and the world’s fourth-largest quartz kitchen sink manufacturer by scale Winning Operational Business Marketing Strength & Model Excellence Metrics Global Reach • Extensive Global distribution network • 6 state-of-the-art • 30+ Years of • Rev
Slide 7: Scaling Products Across a Growing Addressable Market
Scaling Products Across a Growing Addressable Market Completing the Integrated Kitchen-Bath Portfolio Kitchen Bathroom Quartz Sinks Stainless Steel Sinks Built-in Appliances Faucets Surfaces 47.5% Revenue 10.6% Revenue 13.5% Revenue 28.4% Revenue USD 3.8 bn USD 3.7 bn USD 0.5 bn USD 0.2 bn USD 51.2
Slide 8: A Journey of Scalable Innovation
A Journey of Scalable Innovation From brand creation to scale-led margin expansion through technology and premiumization (1995 - 2005) (2006 - 2016) (2016 - 2025) Capability & Export Foundation Global Footprint & Brand Build-Up Technology Validation → Scale → Margin Expansion 2017 : Entry into bath
Slide 9: Investment-Led Transition Phase
Investment - Led Transition Phase Margins and returns adjusting amid ongoing growth investments Gross Margins Normalizing After Peak Levels Return Ratios Adjusting with Capacity & Capital Expansion 32.7% 60.3% 61.7% 58.0% 54.2% 56.7% 54.0% 53.8% 48.6% 50.3% 49.1% 28.7% 24.2% 25.7% FY16 FY17 FY18 FY1
Slide 10: 2028: The Next Frontier
2028 : The Next Frontier Growth in Domestic & Market Expansion Through Product Mix Upgrade & International Partnerships Distribution & Brand-led Penetration Manufacturing Scale Efficiencies Indicators : Revenue EBITDA Margin 20% 18 % 18.8% 16.8% +19% 816 cr 16.8% 684 cr 276 cr FY20 FY24 FY25 FY28 10
Slide 11: Investment Thesis
Investment Thesis
Slide 12: Well Invested Manufacturing Facility
Well Invested Manufacturing Facility Integrated, scalable and export-ready infrastructure FAUCET AND APPLIANCES PLANT STEEL PLANT QUARTZ SINK PLANT WAREHOUSE 4 fully integrated Single-location manufacturing hub in ~1 lakh sq. meters of land area, End-to-end in-house production manufacturing faciliti
Slide 13: Client Relationships built on decades of excellence
Client Relationships built on decades of excellence Trusted manufacturing partner to leading global brands • Carysil is the sole supplier of Quartz sink to Karran. • Entered into long term agreement with Karran USA to supply 150,000 quartz sinks annually. • Entered into partnership with IKEA Supply
Slide 14: Domestic Business to grow 3x in next 3-4 years
Domestic Business to grow 3x in next 3-4 years Increasing brand visibility through wider channel reach Growing Dealer Footprint Distributors 4500+ 4000+ 3100+ 3200+ 1500+ 1500+ 1500+ 1500+ 1200+ 1300+ 800+ 400+ 550+ FY14 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 9M FY26 Growth in Distri
Slide 15: Carysil meeting Global excellence standards
Carysil meeting Global excellence standards Expanding international presence supported by global standards Company presently exports to over 60+ countries. Plan to expand further by acquiring new customers and penetrating in new geographies Pillars of Global Competitiveness Structural Market Positio
Slide 16: Building the Carysil Brand
Building the Carysil Brand Strengthening brand equity through digital, retail, and global marketing initiatives Carysil has signed renowned public figure and influencer ‘Mira Kapoor’ for new marketing campaign for its ‘Carysil’ Brand. Unveiled its state-of-the-art Experience Centre in Ahmedabad rece
Slide 17: Strategic Priorities
CARYSIL Strategic Priorities ~ 2
Slide 18: Diversified & De-Risked Revenue Profile
Diversified & De-Risked Revenue Profile Balanced mix across products and markets enhances business resilience Revenue by Product Revenue by Geography 11% 24% 35% 16% FY20 FY20 14% 73% 27% 21% 28% 40% FY25 48% FY25 18% 14% 11% 22% UK USA India ROW Quartz Sinks Stainless Steel Sinks Kitchen Appliances
Slide 19: Strengthening Balance Sheet & Improving Financial Resilience
Strengthening Balance Sheet & Improving Financial Resilience CFO / EBITDA Net Debt / Equity (x) Interest Coverage Ratio (x) Debt Repayment (in crs) 79% 0.87 10 42 69% 0.76 66% 8.4 33 0.63 0.63 7.5 0.58 50% 44% 0.48 5.7 41% 4.9 4.8 FY21 FY22 FY23 FY24 FY25 H1 FY21 FY22 FY23 FY24 FY25 H1 FY25 FY26 FY2
Slide 20: Q3FY26 Highlights
CARYSIL \Y Q3FY26 Highlights
Slide 21: Operational Highlights
Operational Highlights Quartz sinks delivered growth for the 6th consecutive quarter, supported by strong demand and higher utilization. An additional 1 lakh units of quartz sink capacity is scheduled to come on stream by April 2026. With capacity utilization at ~80% in Q3 FY26 and ~78% in 9M FY26,
Slide 22: Sustained Operating Momentum over past 5 Quarters
Sustained Operating Momentum over past 5 Quarters Total Income in crores * EBITDA in crores PAT After MI in crores 13.1% 29.6% 57.3% 8.9% 39.4% 68.6% 695 137 27 244 50 71 615 44 44 106 23 21 227 224 36 19 31 45 13 206 205 Q3 FY25 Q4 FY25 Q1 FY26 Q2 FY26 Q3 FY26 9MFY25 9MFY26 Q3 FY25 Q4 FY25 Q1 FY26
Slide 23: Balanced Revenue Profile
Balanced Revenue Profile Product-wise Revenue Geography-wise Revenue 7% 8% 8% 12% 27% 26% 30% 27% 16% 13% 14% 11% 11% 18% 18% 19% 14% 12% 20% 13% 11% 10% 9% 11% 21% 22% 25% 24% 49% 52% 52% 47% 37% 40% 33% 34% Q3 FY25 Q3 FY26 9M FY25 9M FY26 Q3 FY25 Q3 FY26 9M FY25 9M FY26 Quartz sink Steel Sink Kitc
Slide 24: Strengthening International Presence
Strengthening International Presence Carysil Products Limited Carysil Surfaces Limited United Ganite LLC Revenue Revenue Revenue (Mn. GBP) (Mn. GBP) (Mn. $) 8.5 10 6.5 9.1 11.8 7.3 9M FY25 9M FY26 9M FY25 9M FY26 9M FY25 9M FY26 24
Slide 25: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs. Crs.) Q3FY26 Q3FY25 Y-o-Y Q2FY26 Q-o-Q 9MFY26 9MFY25 Y-o-Y Revenue 122.8 105.7 16.2% 131.1 -6.3% 378.8 311.6 21.6% Gain / (Loss) on Foreign Exchange 1.2 2.6 -55.3% 3.2 -63.8% 4.7 3.3 43.6% Total Income 124.0 108.3 14.5% 134.3 -7.7% 383.6 314.9 21.8
Slide 26: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crs.) Q3FY26 Q3FY25 Y-o-Y Q2FY26 Q-o-Q 9MFY26 9MFY25 Y-o-Y Revenue 222.6 203.1 9.6% 240.7 -7.5% 690.2 611.4 12.9% Gain / (Loss) on Foreign Exchange 1.3 2.4 -44.3% 3.4 -60.6% 4.9 3.5 41.7% Total Income 223.9 205.5 9.0% 244.0 -8.2% 695.2 614.9 13.1
Slide 27: Annexures
CARYSIL Annexures
Slide 28: Leadership and Governance
Leadership and Governance Diverse expertise supporting long-term strategy and oversight Mr. Chirag A. Parekh Mr. Anand Sharma Chairman and Managing Director Executive Director and Group Chief Financial Officer A graduate of European University, Mr. Parekh joined our Company in 1993. Since then, A qu
Slide 29: Our Core Management Team
Our Core Management Team Experienced professionals overseeing key business functions India Teams Ms. Reena Shah Ms. Rhea Parekh Mr. Manish Thakkar Mr. Mitesh Chauhan Mr. Shrenik Chopra Mr. Pavan Palkar Mr. Pradeep Trivedi CS & CO Vice President Director Director Director Sales CSO HR (Head) (Interna
Slide 30: Consistent Growth
Consistent Growth Quartz Sink Volumes (Units in ‘000s) Steel Sink (Units in ‘000s) Kitchen Appliances & Others# (Units in ‘000s) Rs. Crores 650.0 645.0 155.3 564.3 513.8 127.5 413.0 105.0 108.5 63.2 54.9 54.7 45.0 48.0 69.0 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 FY21 FY22 FY23 FY24 FY25 T
Slide 31: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. Crs.) Sep-25 Mar-25 Liabilities (Rs. Crs.) Sep-25 Mar-25 Non-current assets 488.6 458.9 Total Equity 571.4 531.3 Property Plant & Equipment 250.6 249.3 Share capital 5.7 5.7 Right to use of assets 11.8 13.1 Other Equity 560.2 520.8 Goodwill 113.5 113.5 Non Cont
Slide 32: Go India Advisors - Investor Relation contact
Carysil Ltd. CIN: L26914MH1987PLC042283 Anand Sharma Executive Director & Group CFO cfo@carysil.com www.carysil.com Go India Advisors - Investor Relation contact Garima Singla Diya Kaswa Go India Advisors Go India Advisors Email : garima@goindiaadvisors.com Email : diya@goindiaadvisors.com M : 91 9