Carysil Ltd
Carysil is engaged in manufacturing and trading of Quartz Kitchen Sinks, Stainless Steel Kitchen Sinks, Bath Products, Tiles, Kitchen Appliances and Accessories.(Source : 201903 Annual Report Page No: 112)
- Market Cap ₹ 2,382 Cr.
- Current Price ₹ 837
- High / Low ₹ 947 / 482
- Stock P/E 64.6
- Book Value ₹ 144
- Dividend Yield 0.24 %
- ROCE 12.8 %
- ROE 11.1 %
- Face Value ₹ 2.00
Pros
- Company has been maintaining a healthy dividend payout of 18.1%
Cons
- Stock is trading at 5.82 times its book value
- Company has a low return on equity of 12.6% over last 3 years.
- Working capital days have increased from 39.8 days to 61.3 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Consumer Durables Consumer Durables Household Appliances
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
104 | 116 | 139 | 141 | 154 | 199 | 214 | 248 | 388 | 336 | 371 | 420 | |
86 | 95 | 120 | 124 | 136 | 168 | 182 | 198 | 308 | 270 | 290 | 346 | |
Operating Profit | 18 | 21 | 19 | 18 | 18 | 31 | 33 | 50 | 80 | 66 | 81 | 75 |
OPM % | 17% | 18% | 14% | 12% | 12% | 15% | 15% | 20% | 21% | 20% | 22% | 18% |
1 | 1 | 2 | 3 | 5 | 3 | 5 | 7 | 14 | 1 | 7 | 13 | |
Interest | 4 | 5 | 6 | 6 | 7 | 9 | 8 | 7 | 10 | 11 | 13 | 12 |
Depreciation | 4 | 4 | 5 | 5 | 6 | 8 | 11 | 12 | 17 | 23 | 26 | 27 |
Profit before tax | 11 | 13 | 11 | 10 | 10 | 17 | 18 | 39 | 68 | 33 | 49 | 49 |
Tax % | 24% | 28% | 36% | 37% | 35% | 29% | 30% | 31% | 24% | 23% | 26% | 25% |
8 | 9 | 7 | 6 | 6 | 12 | 13 | 27 | 52 | 26 | 36 | 37 | |
EPS in Rs | 3.55 | 4.07 | 2.72 | 2.42 | 2.47 | 4.54 | 4.79 | 9.98 | 19.30 | 9.55 | 13.53 | 12.98 |
Dividend Payout % | 23% | 20% | 37% | 41% | 40% | 26% | 25% | 20% | 12% | 21% | 15% | 18% |
Compounded Sales Growth | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 3% |
TTM: | 13% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 24% |
3 Years: | -10% |
TTM: | 2% |
Stock Price CAGR | |
---|---|
10 Years: | 20% |
5 Years: | 57% |
3 Years: | 10% |
1 Year: | 5% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 16% |
3 Years: | 13% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 |
Reserves | 34 | 42 | 76 | 97 | 100 | 111 | 125 | 146 | 195 | 219 | 251 | 403 |
37 | 54 | 47 | 61 | 76 | 83 | 84 | 97 | 136 | 134 | 151 | 135 | |
21 | 23 | 38 | 28 | 39 | 44 | 51 | 74 | 119 | 89 | 108 | 103 | |
Total Liabilities | 97 | 123 | 166 | 191 | 219 | 243 | 265 | 322 | 455 | 447 | 514 | 647 |
28 | 34 | 37 | 61 | 73 | 82 | 87 | 112 | 161 | 190 | 201 | 209 | |
CWIP | 1 | 2 | 2 | 2 | 2 | 3 | 6 | 10 | 17 | 12 | 9 | 11 |
Investments | 7 | 13 | 14 | 14 | 14 | 14 | 14 | 14 | 17 | 16 | 17 | 21 |
61 | 75 | 113 | 114 | 130 | 144 | 158 | 186 | 260 | 229 | 287 | 406 | |
Total Assets | 97 | 123 | 166 | 191 | 219 | 243 | 265 | 322 | 455 | 447 | 514 | 647 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 13 | 1 | -1 | 8 | 20 | 21 | 38 | 50 | 61 | 33 | -56 | |
-10 | -16 | -7 | -11 | -17 | -16 | -16 | -33 | -66 | -42 | -30 | -32 | |
3 | 6 | 21 | 6 | 5 | -3 | -6 | -3 | 15 | -18 | -4 | 89 | |
Net Cash Flow | 0 | 3 | 15 | -5 | -4 | 1 | -1 | 1 | -1 | 1 | -1 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 86 | 86 | 90 | 77 | 96 | 81 | 87 | 89 | 77 | 60 | 82 | 76 |
Inventory Days | 179 | 187 | 172 | 211 | 203 | 214 | 220 | 199 | 274 | 262 | 308 | 225 |
Days Payable | 103 | 91 | 151 | 122 | 179 | 112 | 105 | 159 | 220 | 104 | 148 | 80 |
Cash Conversion Cycle | 161 | 182 | 111 | 166 | 120 | 183 | 202 | 129 | 131 | 218 | 242 | 221 |
Working Capital Days | 23 | -11 | 4 | 7 | 5 | 23 | 28 | 26 | 33 | 32 | 26 | 61 |
ROCE % | 22% | 21% | 15% | 11% | 10% | 14% | 13% | 20% | 26% | 13% | 16% | 13% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
1d - Earnings call scheduled on Aug 13, 2025, to discuss Q1 FY26 financial and operational performance.
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Board Meeting Intimation for Approval Of Unaudited Financial Results.
2d - Board meeting on Aug 12 to approve Q1 FY26 results; trading window closed till Aug 15.
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Newspaper Publication
26 Jul - Window for Re-lodgement of Transfer Requests of Physical Shares
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Announcement under Regulation 30 (LODR)-Change in Management
21 Jul - Appointment of Mr. Pavankumar Palkar as CSO - Domestic Sales and Senior Management Personnel from July 21, 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
15 Jul - Senior Management Personnel Ms. Nikila Shridhar resigned effective July 15, 2025, due to personal reasons.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Overview[1]
Carysil Limited was incorporated in 1987 and is engaged in manufacturing of Composite Quartz Sinks. The Company started its operations in technical collaboration with “Schock & Co.”, and has become one of the largest manufacturers of Quartz Kitchen Sinks in Asia. Company manufactures Stainless-Steel Kitchen Sinks with a core focus on “Quadro Sinks” and dealing in a complete range of built-in Kitchen Appliances under its “Carysil” Brand, having varieties of Kitchen Chimneys, Dishwashers, Cook-tops, Built-in Ovens, Wine-Chillers etc. Company also offers Bathroom solutions like Premium Sanitary ware, Washbasins, and Composite 3D Tiles to name a few, under its “Sternhagen” Brand.