CARYSIL LIMITED has informed the Exchange about Transcript
CARYSIL · price
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Carysil Limited reported Q3 FY26 consolidated revenue of Rs. 225.2 crores, up 8.6% YoY, with EBITDA jumping 31.9% to Rs. 43.7 crores and PAT rising 69.7% to Rs. 21.3 crores. For 9M FY26, revenue grew 12.9% to Rs. 698.7 crores while EBITDA margin expanded to 20% from 17.8%, helped by lower MMA raw material costs. A major positive was the US tariff cut from 50% to 18% under a new bilateral trade deal, prompting the company to roll back incremental discounts given to US customers on a pro-rata basis with immediate effect. Volume growth was strong — quartz sinks up 27%, stainless steel sinks up 23%, and Indian domestic business up 30% YoY. Management announced the 'Carysil 2.0' investor summit on April 4, 2026, outlining plans to add another $100 million in sales and grow the India business to Rs. 500 crores over five years, supported by capacity additions in quartz, stainless steel, appliances, and faucets coming online by April 2026.
Sharp PAT growth, margin expansion, and US tariff relief are clearly positive for the stock. The upcoming Carysil 2.0 investor day with multi-year growth targets could attract analyst attention and potential upgrades in the near term.