CARYSIL LIMITED — Investor Meet, 20-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Carysil delivered a strong Q1 FY26 with total income up 12.9% to ₹227.3 Cr and PAT rising 43.4% to ₹22.8 Cr, as EBITDA margins expanded to 19.4%. Quartz sink volumes grew 22%, stainless steel 9.5%, and appliances/faucets 55%. Key wins include a significant global (non-US) IKEA contract and successful Karran (US) supplies, driving 75% quartz capacity utilization. Stainless steel capacity is also expanding. Management is confident about navigating US tariffs due to cost advantages and diversification. The company expects to surpass its ₹925 Cr FY26 revenue target, with a ₹1,000 Cr annual run rate from Q2.