Carysil Limited , a leading manufacturer of quartz and stainless steel sinks, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating resilience in the face of US tariff challenges.

Financial Highlights

The company achieved consolidated revenue of INR 244.00 crores in Q2 FY26, marking a 17.9% year-on-year growth. EBITDA rose by 33.5% to INR 49.50 crores, while Profit After Tax (PAT) surged by 61.9% to INR 27.20 crores. These results were achieved despite facing a 50% tariff on exports to the United States.

Operational Performance

Carysil's quartz sink division continued to be a strong growth engine for the company. In Q2 FY26, quartz sink volumes reached 197,000 units, up from 159,000 units in Q2 FY25. The company's capacity utilization for quartz sinks trended towards 88% in Q2 FY26, indicating improved throughput and operating leverage.

The stainless steel sink division also showed growth, with volumes increasing from 40,300 units in Q2 FY25 to 43,400 units in Q2 FY26, representing a 7.6% year-on-year growth.

Strategic Developments

Carysil secured approximately 70% of IKEA's global non-US quartz sink business, marking a significant achievement for the company. To meet the growing demand, Carysil is expanding its quartz sink capacity by 100,000 units within its current facility, with a capex of INR 5.00 crores. This expansion is expected to be operational by the end of December 2025.

The company maintains strong partnerships with major retailers like Lowes, which has shown unexpected growth in business. Carysil received a joint Supplier of the Year award from Lowes in its first year of partnership, a rare achievement for any supplier.

Expansion Plans

Carysil plans capacity expansions across all product segments:

1. Quartz Sinks: Adding 100,000 units immediately, with potential for another 150,000 units in the near future.
2. Stainless Steel Sinks: Expanding capacity by 70,000 units to reach 250,000 units by the end of Q4 FY26, with plans for further expansion to 400,000 units.
3. Faucets: Currently at 75% capacity utilization of 50,000 units, with a focus on stainless steel faucets to meet changing global norms.
4. Appliances: Investing INR 25.00 crores to set up a modern manufacturing and assembly facility, including an in-house glass processing plant.

Market Outlook

Despite facing challenges from US tariffs, Carysil remains optimistic about its future growth. The company sees potential for expansion in both domestic and international markets, particularly in Europe where competitors are struggling due to inflation and tariffs.

Chirag Parekh, Chairman and Managing Director, stated, "We are very pleased with our performance, especially in this time where our major export market, the U.S., has been impacted by a 50% tariff. We have taken steps to meet this challenge and support our customers in this difficult time."

The company maintains its growth guidance of 15% annually for the next 3 to 4 years and expects to sustain EBITDA margins between 18% to 20%, even with the current tariff situation.

As Carysil continues to navigate global market challenges and capitalize on emerging opportunities, it remains focused on innovation, quality, and strategic expansion to drive long-term growth.

CARYSIL Limited , a prominent player in the Kitchen Bath Products segment, has announced its financial results for the quarter and half-year ended September 30, 2025. The company's Board of Directors approved the unaudited standalone and consolidated financial results, showcasing growth across key metrics.

Financial Highlights

Quarterly Performance

Half-Year Performance

Revenue Growth

CARYSIL Limited has demonstrated growth in its standalone revenue from operations:

• For the quarter ended September 30, 2025, revenue reached Rs. 114.00 crores, up from Rs. 105.50 crores in the previous quarter.
• The half-year period saw revenue increase to Rs. 225.60 crores, compared to Rs. 205.90 crores in the corresponding period of the previous year.

Profitability

The company's profitability also showed improvement:

• Quarterly profit after tax stood at Rs. 27.70 crores, an increase from Rs. 26.00 crores in the prior quarter.
• Half-year profit after tax reached Rs. 53.70 crores, up from Rs. 50.90 crores in the same period of the previous year.

Global Presence

The financial results include consolidated figures from 13 subsidiary companies across various international markets, including:

• United States of America
• Turkey
• United Kingdom
• United Arab Emirates
• Germany

This global footprint underscores CARYSIL's international operations and market reach.

Trading Window

The company has announced that the trading window for designated persons will open on November 13, 2025.

Conclusion

The quarterly and half-yearly results show growth in both revenue and profitability for CARYSIL Limited. The company's international presence across multiple markets is reflected in the consolidated financial figures. As always, investors are advised to conduct thorough research and consider multiple factors before making investment decisions.