Carysil Limited · NSE:CARYSIL
Carysil — Q1 FY27 Earnings Presentation
35 slides from Carysil's earnings presentation, Aug 11, 2026
Slide 1: Accelerating Momentum: Carysil Q1 FY27 Investor Presentation
ACCELERATING MOMENTUM CARYSIL LIMITED Q1 FY27 Investor Presentation August 2026 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 Q1 FY27 Highlights Company Overview Investment Thesis Annexure
Slide 4: Q1 FY27 Highlights
\ Q1 Fv27 Highlights
Slide 5: Carysil: World Class Manufacturing - Made in India
Carysil : World Class Manufacturing - Made in India Carysil's journey has been built on German engineering, world-class manufacturing and an unwavering commitment to quality, design and innovation. Strong execution, customer- centricity and global partnerships have enabled us to build a resilient pl
Slide 6: Operational Highlights
Operational Highlights Quartz Sink: Capacity expansion from 1.0 Mn to 1.25 Mn units p.a. remains on track for commissioning by end-FY27. Capacity utilisation improved to 80% in Q1 FY27, reflecting healthy demand and providing a strong base for future growth. Stainless-Steel Sink: Additional 70,000 u
Slide 7: Sustained Consolidated Operating Momentum over the Past 5 Quarters
Sustained Consolidated Operating Momentum over the Past 5 Quarters Total Income* EBITDA PAT After MI 16.5% 27.0% 37.7% 265 56 31 50 48 27 27 244 44 44 23 237 21 227 224 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 *Includes g
Slide 8: Sustained Operating Momentum over past 5 Quarters
Sustained Operating Momentum over past 5 Quarters Quartz Sink (Units in ‘000s) Steel Sink (Units in ‘000s) 6.3% 16.3 % 201.5 49.4 199.1 43.4 44.6 197.6 42.5 195.5 37.0 189.5 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q1 FY26 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Kitchen Appliances & Others (Units in ‘000s) F
Slide 9: Faster Growth In Domestic Markets via India Operations
Faster Growth In Domestic Markets via India Operations Domestic outpaced exports (INR Cr) Domestic contribution rising from 28% to 33%. Q1 FY26 Q1 FY27 111 28.0% 33.0% 100 67.0% 72.0% 56 40 Q1 FY26 Q1 FY27 Domestic Exports Domestic Exports Domestics Exports 9
Slide 10: Strengthening International Presence
Strengthening International Presence Carysil Products Limited Carysil Surfaces Limited United Granite LLC Revenue Revenue Revenue (Mn. GBP) (Mn. GBP) (Mn. $) 2.8 3.1 2.3 3.2 3.4 2.8 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 10
Slide 11: Balanced Revenue Profile
Balanced Revenue Profile Product-wise Revenue Geography-wise Revenue 8.3% 6.0% 25.7% 25.0% 12.4% 13.2% 11.8% 17.7% 21.5% 14.8% 12.1% 9.7% 34.0% 33.5% 49.8% 51.2% 26.8% 26.7% Q1 FY26 Q1 FY27 Q1 FY26 Q1 FY27 Quartz Sinks Stainless Steel Sink Kitchen Appliance & Others Surfaces USA UK India Europe ROW
Slide 12: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (Rs. Crs.) Q1 FY27 Q1 FY26 Y-o-Y Q4 FY26 Q-o-Q Revenue 137.2 124.9 9.8% 125.8 9.1% Gain / (Loss) on Foreign Exchange 2.5 0.4 552.6% 2.5 -2.4% Total Income 139.7 125.3 11.5% 128.3 8.9% Raw Material 57.9 55.6 4.0% 53.7 7.8% Gross Profit 81.8 69.7 17.4% 74
Slide 13: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (Rs. Crs.) Q1FY27 Q1FY26 Y-o-Y Q4FY26 Q-o-Q Revenue 262.1 227.0 15.5% 233.7 12.2% Gain / (Loss) on Foreign Exchange 2.6 0.3 907.7% 2.9 -10.6% Total Income 264.8 227.3 16.5% 236.7 11.9% Raw Material 119.6 107.6 11.2% 104.4 14.5% Gross Profit 145.1 119.
Slide 14: 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 % 19.9% 18.3% 17.3% +13% 924 cr 816 cr 594 cr FY23 FY25 FY26 FY28 14
Slide 15: Company Overview
Company Overview
Slide 16: 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 • Revenue CAGR 18% •
Slide 17: 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 51% Revenue 11% Revenue 12% Revenue 26% Revenue USD 3.8 bn USD 3.7 bn USD 0.5 bn USD 0.2 bn USD 51.2 bn Expec
Slide 18: A Journey of Scalable Innovation
A Journey of Scalable Innovation From brand creation to scale-led margin expansion through technology and premiumization (1996 - 2005) (2006 - 2015) (2016 - 2026) Capability & Export Foundation Global Footprint & Brand Build-Up Technology Validation → Scale → Margin Expansion 2017 : Entry into bath
Slide 19: 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% 55.1% 57.5% 54.2% 54.0% 54.0% 48.6% 50.3% 49.1% 28.7% 24.2% 23.7% 25.7% FY16 F
Slide 20: Investment Thesis
\N Investment Thesis
Slide 21: 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 22: 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. • Entered into long term agreement with Karran USA to supply 150,000 quartz sinks annually. • Entered into partnership with IKEA Supply AG, Switze
Slide 23: 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 FY26 Growth in Distribut
Slide 24: Carysil meeting Global excellence standards
Carysil meeting Global excellence standards Expanding international presence supported by global standards Company presently exports to over 55+ countries. Plan to expand further by acquiring new customers and penetrating in new geographies Pillars of Global Competitiveness Structural Market Positio
Slide 25: 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 Gurugram recen
Slide 26: 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% 23% 26% 33% FY26 51% FY26 12% 19% 11% 25% Quartz Sinks Stainless Steel Sinks Kitchen Appliances & Others Surface
Slide 27: Strengthening Balance Sheet & Improving Financial Resilience
Strengthening Balance Sheet & Improving Financial Resilience CFO / EBITDA Net Debt / Equity (x) Interest Coverage Ratio (x) Debt Repayment 0.8 69% 10 42 66% 0.68 59% 8.4 7.7 33 50% 44% 0.49 41% 0.42 5.7 0.37 4.9 4.8 0.34 FY21 FY22 FY23 FY24 FY25 FY26 FY21 FY22 FY23 FY24 FY25 FY26 FY25 FY26 FY21 FY22
Slide 28: Annexure
Annexure
Slide 29: Board of Directors
Board of Directors 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 qualified
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 20% 59% 48% 71 167 782 155 63 650 55 55 645 128 564 48 514 105 109 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Total Income** EBI
Slide 31: Standalone Balance Sheet
Standalone Balance Sheet Assets (Rs. Crs.) Mar-26 Mar-25 Liabilities (Rs. Crs.) Mar-26 Mar-25 Non-current assets 355.9 311.6 Total Equity 466.5 408.9 Property Plant & Equipment 210.2 197.1 Share capital 5.7 5.7 Right to use of assets 8.6 9.4 Other Equity 460.8 403.2 Goodwill - - Non Controlling Inte
Slide 32: Standalone Cashflow Statement
Standalone Cashflow Statement Particulars (Rs. Crs.) FY26 FY25 Net Profit For The Year 63.7 36.9 Adjustments for: Non-Cash Items / Other Investment or Financial Items 52.3 42.9 Operating profit before working capital changes 115.9 79.8 Changes in working capital -6.5 -56.4 Cash generated from Operat
Slide 33: Consolidated Balance Sheet
Consolidated Balance Sheet Assets (Rs. Crs.) Mar-26 Mar-25 Liabilities (Rs. Crs.) Mar-26 Mar-25 Non-current assets 520.9 458.9 Total Equity 614.4 531.3 Property Plant & Equipment 310.5 249.3 Share capital 5.7 5.7 Right to use of assets 15.0 13.1 Other Equity 602.7 520.8 Goodwill 113.8 113.5 Non Cont
Slide 34: Consolidated Cashflow Statement
Consolidated Cashflow Statement Particulars (Rs. Crs.) FY26 FY25 Net Profit For The Year 99.0 64.3 Adjustments for: Non-Cash Items / Other Investment or Financial Items 76.0 76.4 Operating profit before working capital changes 174.9 140.7 Changes in working capital -33.4 -59.9 Cash generated from Op
Slide 35: 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