Carysil Limited reported a consolidated net profit of ₹98.97 crore for the year ended March 31, 2026, a 54.1% increase from the previous year. Revenue from operations rose 13.6% to ₹937.07 crore, driven by sustained momentum across its product portfolio. The Board of Directors has recommended a final dividend of ₹3 per share, subject to shareholder approval at the ensuing Annual General Meeting.

Financial Performance Overview

For the quarter ended March 31, 2026, the company posted a net profit of ₹27.38 crore on revenue from operations of ₹238.34 crore. Profit before tax for the full year improved to ₹129.90 crore from ₹87.85 crore in FY25. The basic earnings per share (EPS) increased to ₹34.52 from ₹22.75 in the previous year.

The following table summarises the key consolidated financial metrics for the year ended March 31, 2026:

Expansion and Strategic Initiatives

Carysil is expanding its quartz kitchen sink capacity from 1.0 million to 1.25 million units per annum, driven by US retail chain partnerships. This expansion involves an investment of approximately ₹50 crore and is targeted for completion by Q4 FY27. The company reported capacity utilisation at approximately 78% in Q4 FY26.

An additional 70,000 units of stainless-steel sink capacity are expected to be operational by Q1 FY27, with utilisation remaining strong at approximately 99% in Q4 FY26. The company is also implementing Phase-2 of its chimney manufacturing, covering hobs, ovens, microwaves, and food waste disposers, expected to be operational in Q4 FY27, taking total capacity to 100,000 units per annum. Kitchen faucet assembly-cum-manufacturing capacity is being expanded from 50,000 to 100,000 units per annum, with completion expected in Q4 FY27.

Segment Reporting and Dividend Declaration

Carysil operates a single reportable segment, Kitchen & Bath Products, as per the Ind AS on segment reporting. The statutory auditors, M/s Park & Company, have issued an unmodified opinion on the audited standalone and consolidated financial results. The Board of Directors has recommended a final dividend of ₹3 per equity share, representing 150% of the face value of ₹2 each, subject to shareholder approval at the upcoming Annual General Meeting.

Carysil has commenced commercial production of an additional 70,000 stainless steel kitchen sinks per annum at its subsidiary, Carysilnox Limited. This expansion increases the company's total annual manufacturing capacity for steel sinks from 1,80,000 units to 2,50,000 units with effect from May 21, 2026.

Capacity Expansion Details

The following table outlines the key metrics of this expansion:

Strategic Rationale and Funding

The additional production is aimed at meeting growing domestic and export demand while strengthening in-house manufacturing capabilities and enhancing supply chain efficiency. The expansion, funded through a mix of internal accruals and debt, leverages the existing high capacity utilization of 93% to scale operations effectively. This move marks a significant step in the company's efforts to bolster its presence in the steel sink category.