CARYSIL LIMITED has informed the Exchange about General Updates
CARYSIL · price
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Carysil Limited has announced a capacity expansion for its Quartz Kitchen Sinks manufacturing facility. The company plans to increase annual installed capacity by 25% from 1 million to 1.25 million units. The expansion requires an investment of approximately ₹50 crores, funded from existing QIP funds and internal accruals. The current capacity utilization stands at over 81%. The expansion is driven by advanced discussions with the largest US home improvement retail chains for exclusive models to serve their retail network. The project is targeted for completion by end of FY 2026-27.
The capacity expansion signals strong demand growth and new strategic customer relationships in the US market. With existing capacity already running above 81% utilization, this investment should support revenue growth. The ₹50 crore capex is being funded from QIP proceeds, minimizing balance sheet strain.