Carysil Ltd

Carysil Ltd

₹ 576 -4.30%
26 May - close price
About

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)

Key Points

**Only Quartz Sink Manufacturer in Asia ** [1]
Acrysil is the only "Composite Quartz Sink" manufacturer with the German Technology that is patented by Schock; only four other companies in the world have the license to use this technology.[1]

  • Market Cap 1,541 Cr.
  • Current Price 576
  • High / Low 743 / 431
  • Stock P/E 29.4
  • Book Value 113
  • Dividend Yield 0.42 %
  • ROCE 17.7 %
  • ROE 18.8 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 34.4% CAGR over last 5 years
  • Company's median sales growth is 19.4% of last 10 years

Cons

  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
64 46 76 87 101 98 119 128 139 171 139 138 146
55 36 60 67 80 76 93 100 111 138 117 113 119
Operating Profit 10 10 16 20 20 21 26 28 28 34 22 25 26
OPM % 15% 21% 21% 23% 20% 22% 22% 22% 20% 20% 16% 18% 18%
2 1 2 0 5 3 3 2 2 0 0 0 1
Interest 2 2 2 2 2 2 2 2 3 3 4 4 4
Depreciation 4 3 3 3 4 4 4 5 5 6 6 7 7
Profit before tax 6 6 13 16 19 18 22 23 22 25 13 14 16
Tax % 23% 24% 26% 23% 32% 27% 21% 25% 25% 25% 26% 15% 23%
Net Profit 4 5 9 12 13 14 18 17 17 19 9 12 12
EPS in Rs 1.46 1.72 3.52 4.53 4.88 5.04 6.63 6.47 6.13 6.98 3.46 4.50 4.64
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
63 80 106 127 174 181 196 252 276 310 484 594
55 66 87 103 143 154 169 209 229 243 379 487
Operating Profit 8 14 19 24 31 27 27 42 48 67 105 107
OPM % 13% 17% 18% 19% 18% 15% 14% 17% 17% 22% 22% 18%
1 1 1 1 2 3 5 2 5 8 10 2
Interest 3 4 5 8 9 11 8 12 10 8 11 15
Depreciation 4 4 5 4 5 6 7 9 12 13 18 26
Profit before tax 2 6 10 13 18 13 17 24 30 54 86 68
Tax % 13% 22% 25% 32% 32% 37% 28% 28% 25% 27% 24% 22%
Net Profit 1 5 8 9 12 8 12 17 23 39 65 53
EPS in Rs 0.73 2.17 3.43 3.75 4.21 2.80 4.61 6.65 8.27 14.65 24.26 19.58
Dividend Payout % 73% 30% 23% 21% 24% 36% 22% 18% 15% 14% 10% 10%
Compounded Sales Growth
10 Years: 22%
5 Years: 25%
3 Years: 29%
TTM: 23%
Compounded Profit Growth
10 Years: 27%
5 Years: 34%
3 Years: 33%
TTM: -19%
Stock Price CAGR
10 Years: 40%
5 Years: 42%
3 Years: 106%
1 Year: 3%
Return on Equity
10 Years: 19%
5 Years: 21%
3 Years: 23%
Last Year: 19%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
3 4 5 5 5 5 5 5 5 5 5 5
Reserves 22 23 29 37 74 107 113 128 152 186 248 298
23 31 39 73 67 80 92 97 102 107 150 224
13 20 24 32 52 41 50 61 65 93 150 184
Total Liabilities 61 79 97 147 199 233 260 291 325 391 553 712
28 32 35 58 67 98 111 119 125 152 206 328
CWIP 0 0 2 4 2 2 2 4 9 10 21 14
Investments -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
33 46 60 85 131 132 146 168 191 229 326 371
Total Assets 61 79 97 147 199 233 260 291 325 391 553 712

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6 2 6 7 11 6 16 24 30 45 52 71
-5 -7 -9 -27 -13 -14 -20 -17 -19 -35 -73 -136
-0 6 4 25 19 2 -0 -4 -10 -9 18 64
Net Cash Flow 1 1 0 5 17 -6 -5 2 1 2 -2 -1

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 89 97 86 93 89 77 89 79 82 98 76 63
Inventory Days 163 199 206 239 184 216 213 170 180 161 212 158
Days Payable 98 146 131 120 174 138 167 99 87 124 162 95
Cash Conversion Cycle 154 150 160 212 99 155 135 150 175 136 126 126
Working Capital Days 81 97 94 116 98 123 127 121 125 136 117 115
ROCE % 10% 19% 23% 22% 21% 14% 12% 16% 17% 22% 27% 18%

Shareholding Pattern

Numbers in percentages

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
44.04 44.04 44.04 44.04 44.04 44.04 44.04 44.04 43.91 43.91 43.91 43.91
0.00 0.00 0.00 0.03 0.07 0.38 0.38 0.36 0.26 0.26 0.27 0.28
1.73 1.73 7.09 6.66 6.46 6.16 6.21 6.24 6.22 6.37 6.45 6.41
54.23 54.23 48.87 49.27 49.43 49.42 49.37 49.36 49.60 49.45 49.37 49.40

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

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