CARYSIL LIMITED — Investor Meet, 18-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Carysil posted strong Q2 & H1 FY26 results. Q2 revenue rose 17.9% YoY to ₹244 Cr, with PAT up 61.9% to ₹27.2 Cr and EBITDA margin at 20.3%. The company secured ~70% of global IKEA non-U.S. quartz sink business and is gaining traction with Lowe's. Quartz sink capacity is expanding by 100,000 units by Dec '25, with stainless steel capacity also growing significantly. The U.S. subsidiary turned profitable. India business targets ₹500 Cr. Management maintains 15% annual growth and 18-20% EBITDA margin outlook, leveraging strategic expansions and diversification despite tariffs.