CARYSIL LIMITED — PPTs, 05-02-2026: Investor Presentation

Carysil delivered a strong Q3 FY26 and 9M FY26 performance.

**Business Performance:** Revenue grew 9.6% year-on-year (YoY) to **Rs 222.6 Cr** in Q3 and 12.9% YoY to **Rs 690.2 Cr** for 9M. Profit (PAT after Minority Interest) surged 68.6% YoY to **Rs 21.1 Cr** in Q3 and 67.7% YoY to **Rs 71.1 Cr** for 9M. EBITDA also rose significantly by 39.6% YoY to **Rs 43.5 Cr** with margins expanding to 19.4%. Quartz sink volumes led the way, up 26.8% in Q3, marking their sixth consecutive quarter of growth. India's domestic market contributed strongly, accounting for 33% of Q3 revenue.

**Growth Drivers or Strategy:** Carysil is actively expanding its capacity for quartz and stainless steel sinks by April 2026. Further expansion in chimney and kitchen faucet manufacturing is expected by FY27. The company is focused on boosting its domestic business threefold in the next 3-4 years through wider distribution and brand-led penetration, highlighted by a new marketing campaign with Mira Kapoor. Global partnerships, including a long-term contract with Karran USA and collaboration with IKEA, remain pivotal.

**Management Commentary / Outlook:** The company is in an investment-led transition phase, expecting improved operating leverage as scale enhances. Carysil aims for +19% revenue growth and a 20% EBITDA margin by FY28, well-positioned for responsible scaling and sustained value creation.