ConCallIQ
Go Pro
CARYSIL Diversified 10 Feb 2026

CARYSIL LIMITED — Q3 FY26

Carysil reported a decent Q3 FY26 with consolidated total income of 225.2 cr (+8.6% YoY) and EBITDA of 43.7 cr (+31.9% YoY), driven by strong volume growth in quartz (+27%) and stainless steel sinks (+23%) and margin expansion from lower raw material costs.

bullish high
Compare with...
Revenue ₹225 Cr +8.6%
EBITDA ₹44 Cr +31.9%
PAT ₹21 Cr +69.7%
EBITDA Margin 19.4%
Duration 57 min
Read Time 1 min read

Financial stats pending filing verification

2-Minute Summary

✦ AI-Generated from Full Transcript

Carysil reported a decent Q3 FY26 with consolidated total income of 225.2 cr (+8.6% YoY) and EBITDA of 43.7 cr (+31.9% YoY), driven by strong volume growth in quartz (+27%) and stainless steel sinks (+23%) and margin expansion from lower raw material costs. PAT surged 69.7% YoY to 21.3 cr. The US tariff reduction from 50% to 18% under the new trade deal is a major positive, allowing the company to roll back discounts and improve realizations. Management is confident of crossing $100M revenue run-rate by Q4 and targeting another $100M via Carousel 2.0. Key risks include continued softness in the UK market and potential capacity constraints if demand accelerates faster than expected.

Risks4 trackedTranscriptfull text
Research workspace

Focused Modules

Transcript Full text

Call Transcript

Full transcript text is available on this route.

Read Transcript →

Quarter Snapshot

Quartz sink sales volume 1,99,123 units
+27% YoY

Strong volume growth driven by US and IKEA demand; new capacity coming online by April 2026.

Stainless steel sink sales volume 36,974 units
+23% YoY

Capacity expansion from 180k to 250k units by April 2026 to meet growing demand.

Domestic business growth 30%
+30% YoY

India revenue grew 30% in Q3, driven by OEM contracts with leading brands like Kohler and Hindware.

US tariff reduction 18%
-32pp

Bilateral trade deal reduced US tariffs from 50% to 18%, enabling discount rollback and margin recovery.

Fast read

Guidance and risk preview

Top guidance Revenue run-rate to cross $100M by Q4 FY26

Management expects to cross $100 million in annualized revenue by the end of Q4 FY26.

Top risk UK market softness

The UK economy remains challenging, with muted demand for surfaces and sinks, potentially dragging overall growth.

View Risks →