Highlights
- Carysil reported consolidated revenue of Rs. 262.1 Cr in Q1 FY27.
- The company recorded EBITDA of Rs. 56.0 Cr during the quarter.
- Profit After Tax After Minority Interest increased compared with Q1 FY26.
- Quartz sinks remained the largest product contributor in the revenue mix.
- Domestic contribution increased during Q1 FY27 compared with the previous year period.
Carysil Reports Q1 FY27 Financial Performance
Carysil Limited (NSE:CARYSIL) has reported its financial performance for Q1 FY27, highlighting changes in revenue, profitability, margins, and product contribution during the quarter. The company operates across kitchen solutions, including quartz sinks, stainless steel sinks, kitchen appliances, faucets, and surfaces.
According to the Q1 FY27 investor presentation, Carysil recorded consolidated revenue of Rs. 262.1 Cr during the quarter compared with Rs. 227.0 Cr in Q1 FY26, representing a year-on-year increase of 15.5%. Total income stood at Rs. 264.8 Cr compared with Rs. 227.3 Cr in the corresponding period.
The quarterly performance reflects contributions from different product categories and geographic markets as the company continues to operate across domestic and international markets.
Revenue Growth Across Business Operations
Carysil’s consolidated revenue increased to Rs. 262.1 Cr in Q1 FY27 from Rs. 227.0 Cr in Q1 FY26. The company reported revenue growth across its operating segments, supported by its portfolio of kitchen-related products.
During the quarter, gross profit increased to Rs. 145.1 Cr from Rs. 119.6 Cr in Q1 FY26. Gross profit margin was reported at 54.8%, compared with 52.6% in the corresponding quarter, reflecting an increase of 217 basis points year-on-year.
The company’s product portfolio includes quartz sinks, stainless steel sinks, kitchen appliances, faucets, and surfaces, allowing revenue contribution from multiple product categories.
EBITDA and Profitability Performance
Carysil reported Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA) of Rs. 56.0 Cr in Q1 FY27 compared with Rs. 44.1 Cr in Q1 FY26, representing a year-on-year increase of 27.0%.
EBITDA margin increased to 21.2% from 19.4% during the same period, reflecting an improvement of 175 basis points. Earnings Before Interest and Tax (EBIT) increased to Rs. 46.8 Cr from Rs. 35.7 Cr, while EBIT margin improved to 17.7% from 15.7%.
The company’s profitability performance also reflected changes in operating expenses and product mix during the quarter.
Profit After Tax Performance
Profit Before Tax stood at Rs. 42.1 Cr in Q1 FY27 compared with Rs. 30.3 Cr in Q1 FY26. After accounting for tax and minority interest, Profit After Tax After Minority Interest was Rs. 31.4 Cr compared with Rs. 22.8 Cr in the corresponding quarter.
The company reported a year-on-year increase of 37.7% in Profit After Tax After Minority Interest. Profit After Tax After Minority Interest margin increased to 11.9% from 10.0% in Q1 FY26. Earnings Per Share stood at Rs. 11.05 compared with Rs. 8.03 in the previous corresponding period.
Product Mix and Revenue Contribution
Carysil maintained a diversified product portfolio during Q1 FY27. Quartz sinks remained the largest revenue contributor, accounting for 51.2% of product-wise revenue compared with 49.8% in Q1 FY26.
Other product categories included surfaces contributing 25.0%, stainless steel sinks contributing 12.1%, and kitchen appliances and others contributing 11.8% during Q1 FY27.
The company’s portfolio approach allows revenue contribution across multiple kitchen and surface solution categories.
Geographic Revenue Profile
Carysil reported revenue contribution across multiple geographic markets during Q1 FY27. The company’s geography-wise revenue mix included the USA, UK, India, Europe, and the rest of the world.
India’s contribution increased to 21.5% in Q1 FY27 compared with 17.7% in Q1 FY26, while USA contribution remained a major part of the revenue mix. The company’s domestic business contribution increased during the quarter, reflecting a change in geographic revenue composition.
Operational Developments During Q1 FY27
Along with financial performance, Carysil continued work on capacity expansion initiatives across different product categories. The company highlighted expansion plans for quartz sinks, kitchen appliances, and faucets, while additional stainless steel sink capacity became operational during Q1 FY27.
These operational developments form part of the company’s broader manufacturing and product portfolio initiatives.
Conclusion
Carysil’s Q1 FY27 performance reflected growth in revenue, EBITDA, and profit after tax compared with the corresponding period. Consolidated revenue increased to Rs. 262.1 Cr, while EBITDA and Profit After Tax After Minority Interest stood at Rs. 56.0 Cr and Rs. 31.4 Cr, respectively. The company continued to maintain a diversified product portfolio across kitchen solutions and reported changes in domestic and international revenue contribution during the quarter. Future performance will depend on the execution of operational initiatives, product expansion plans, and market developments.
FAQs
Q: What was Carysil’s consolidated revenue in Q1 FY27?
A: Carysil reported consolidated revenue of Rs. 262.1 Cr in Q1 FY27 compared with Rs. 227.0 Cr in Q1 FY26.
Q: What was Carysil’s EBITDA in Q1 FY27?
A: Carysil reported EBITDA of Rs. 56.0 Cr in Q1 FY27 compared with Rs. 44.1 Cr in Q1 FY26.
Q: What was Carysil’s Profit After Tax After Minority Interest in Q1 FY27?
A: Carysil reported Profit After Tax After Minority Interest of Rs. 31.4 Cr in Q1 FY27 compared with Rs. 22.8 Cr in Q1 FY26.
Q: Which product category contributed the highest share of Carysil’s revenue in Q1 FY27?
A: Quartz sinks contributed the highest share of revenue at 51.2% during Q1 FY27.
Q: What are Carysil’s main product categories?
A: Carysil’s product categories include quartz sinks, stainless steel sinks, kitchen appliances, faucets, and surfaces.