Carysil Limited (NSE:CARYSIL) filed its Q1 FY27 investor presentation on 11 August 2026, disclosing consolidated revenue of Rs 262.1 crore, up 15.5% year-on-year, and consolidated profit after tax after minority interest of Rs 31.4 crore, up 37.7% year-on-year for the quarter ended June 2026.
Key Highlights
- Consolidated EBITDA rose 27.0% year-on-year to Rs 56.0 crore in Q1 FY27, with EBITDA margin expanding 175 basis points to 21.2%.
- Standalone revenue grew 9.8% year-on-year to Rs 137.2 crore, with standalone PAT up 23.0% to Rs 18.9 crore and EPS of Rs 6.63.
- Stainless-steel sink capacity of an additional 70,000 units per annum became operational in Q1 FY27, taking total installed capacity to 250,000 units per annum at 94% utilisation.
- Domestic revenue contribution increased from 28% in Q1 FY26 to 33% in Q1 FY27, with domestic revenue growing from Rs 40 crore to Rs 56 crore.
About the Company
Carysil Limited (NSE:CARYSIL), headquartered in Ahmedabad, Gujarat, is Asia's largest and the world's fourth-largest quartz kitchen sink manufacturer by scale. The company produces quartz sinks, stainless-steel sinks, kitchen appliances, faucets, and surfaces across six manufacturing plants, four in India and two overseas, with products sold across 55-plus countries through more than 5,000 dealers in India.
Announcement in Detail
The Q1 FY27 investor presentation filed on 11 August 2026 shows consolidated revenue of Rs 262.1 crore versus Rs 227.0 crore in Q1 FY26, a 15.5% year-on-year increase. Consolidated profit before tax reached Rs 42.1 crore, up 38.9% year-on-year, while consolidated EPS stood at Rs 11.05 against Rs 8.03 in Q1 FY26, a 37.6% increase. Finance costs declined 12.4% year-on-year on a consolidated basis to Rs 4.7 crore.
On capacity expansion, quartz sink capacity is on track to increase from 1.0 million to 1.25 million units per annum by end-FY27, with utilisation at 80% in Q1 FY27. Kitchen appliances and faucet facilities are each set to double capacity to 100,000 units per annum, also targeted for commissioning by end-FY27. The presentation also references a revenue target of Rs 924 crore by FY28 with an EBITDA margin indicator of approximately 20%.
Impact on Investors
The filing shows margin expansion across both standalone and consolidated operations, with consolidated EBITDA margin improving 175 basis points year-on-year to 21.2% and standalone EBITDA margin up 100 basis points to 23.6%. Shareholders will observe that consolidated PAT after minority interest margin widened 183 basis points year-on-year to 11.9%.
Investors will note that multiple capacity additions are simultaneously underway across quartz sinks, faucets, and kitchen appliances, which the presentation states are on track for commissioning by end-FY27. The presentation contains forward-looking revenue indicators, including an FY28 revenue figure of Rs 924 crore; these are company-stated targets subject to the risks and uncertainties disclosed in the presentation, and actual results could differ materially.
Sector / Market Context
India's organised kitchen solutions and home improvement segment has benefited from growth in modular kitchen adoption and premiumisation trends in urban housing. The global quartz sink market is cited in Carysil's FY25 annual report as having an expected size of USD 3.8 billion by CY2034 at a 6.2% CAGR, providing a reported addressable market context for the company's ongoing capacity expansion programme.