Carysil Limited (CARYSIL) AI Stock Analysis

• Market Cap: ₹22.71B
• Dividend Yield: 0.25%
• Average Volume (3M): 9.34K
• Price to Earnings (P/E): 32.1
• Beta (1Y): 0.77
• Revenue Growth: 13.19%
• EPS Growth: 7.42%
• Country: IN
• Employees: 368
• Sector: Consumer Defensive
• Sector Strength: 67
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 8.00
• Shares Outstanding: 28,442,606
• 10 Day Avg. Volume: 7,837
• 30 Day Avg. Volume: 9,335
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹900.00
• Price Target Upside: 12.99% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 65 Neutral
• Price Target: ₹900.00 ▲(12.99% Upside)

Carysil Limited's strong financial performance, particularly its revenue growth and profit margins, supports a positive outlook. However, cash flow issues present a notable risk, and technical indicators suggest caution due to recent price trends. The valuation appears high, with limited dividend income, which tempers the overall score.

Carysil Limited Business Overview & Revenue Model

Company Description

Carysil Limited, formerly known as Acrysil Limited, is a prominent manufacturer in the kitchen solutions sector, specializing in premium kitchen sinks, appliances, and accessories. The company primarily operates in the manufacturing of quartz and granite kitchen sinks, stainless steel kitchen sinks, and built-in kitchen appliances. With a global footprint, Carysil serves both domestic and international markets, providing high-quality and aesthetically appealing products that cater to modern kitchen needs.

How the Company Makes Money

Carysil Limited generates revenue through the manufacturing and sale of kitchen sinks, appliances, and accessories. The company offers a diverse range of products, including quartz and granite sinks, which are renowned for their durability and design. Additionally, Carysil produces stainless steel sinks and a variety of built-in kitchen appliances. Its revenue streams are diversified across both domestic sales and exports to international markets, leveraging partnerships with global distributors and retailers. The company benefits from strategic alliances and a robust distribution network, which enhances its market reach and contributes significantly to its earnings. The focus on innovative design and quality has positioned Carysil as a preferred brand in the kitchen solutions sector, driving sales and profitability.

Carysil Limited Financial Statement Overview

Summary

Carysil Limited demonstrates strong revenue growth and profit margins with a solid balance sheet showing reduced leverage. However, significant cash flow issues are a major concern, reflecting operational cash challenges that could impact future financial stability.

Income Statement

Carysil Limited demonstrated robust revenue growth, with a 20.1% increase from 2024 to 2025, supporting strong profit margins. The gross profit margin improved to 53.8%, and the net profit margin was a healthy 7.8%. EBITDA margin stood at 16.8%, reflecting efficient operations. However, the EBIT margin declined slightly from previous years, suggesting increased operating expenses.

Balance Sheet

The company's balance sheet reflects a solid equity base with an equity ratio of 53.4%, indicating financial stability. The debt-to-equity ratio decreased to 0.52, showing improved leverage management. Return on equity was moderate at 12.1%. The balance sheet indicates a strong position, but attention should be paid to potential liabilities.

Cash Flow

Carysil's cash flow statement reveals a concerning decline in free cash flow, with a significant negative shift to -541.8 million. The operating cash flow to net income ratio was negative, signaling operational cash challenges. Despite this, the company managed to secure positive financing cash flow, which alleviated some pressure.

Breakdown	Mar 2025	Mar 2023	Mar 2024	Mar 2022	Mar 2021
Income Statement
Total Revenue	8.16B	5.94B	6.79B	4.79B	3.00B
Gross Profit	4.39B	2.91B	2.94B	2.21B	1.31B
EBITDA	1.37B	1.09B	1.34B	1.13B	745.98M
Net Income	637.40M	524.19M	578.88M	647.62M	391.24M
Balance Sheet
Total Assets	9.85B	7.12B	8.45B	5.53B	3.91B
Cash, Cash Equivalents and Short-Term Investments	680.20M	206.29M	116.66M	103.98M	184.81M
Total Debt	2.76B	2.35B	3.12B	1.50B	1.07B
Total Liabilities	4.54B	4.05B	4.87B	2.96B	1.97B
Stockholders Equity	5.27B	3.03B	3.54B	2.54B	1.91B
Cash Flow
Free Cash Flow	-541.80M	132.83M	-352.86M	-255.80M	88.65M
Operating Cash Flow	-68.80M	711.62M	578.37M	516.40M	454.19M
Investing Cash Flow	-424.50M	-1.36B	-1.02B	-725.06M	-347.59M
Financing Cash Flow	534.40M	641.19M	483.93M	184.07M	-88.45M

Carysil Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 796.55
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CARYSIL, the sentiment is Neutral. The current price of 796.55 is below the 20-day moving average (MA) of 856.45, below the 50-day MA of 867.73, and above the 200-day MA of 735.23, indicating a neutral trend. The MACD of -19.49 indicates Positive momentum. The RSI at 38.56 is Neutral, neither overbought nor oversold. The STOCH value of 12.11 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:CARYSIL.

Carysil Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
CARYSIL	65 Neutral	₹22.71B	32.07		0.25%	13.19%	7.42%
BUTTERFLY	64 Neutral	₹12.84B	35.18		―	-2.67%	―
STOVEKRAFT	64 Neutral	₹19.73B	48.37		0.42%	6.84%	19.29%
Sector *	63 Neutral	$21.01B	14.53	-7.26%	3.13%	3.36%	-7.91%
GREENLAM	54 Neutral	₹57.75B	169.61		0.18%	10.13%	-73.45%
MIRCELECTR	52 Neutral	₹6.88B	―		―	-22.87%	96.30%
HINDWAREAP	47 Neutral	₹23.02B	―		0.13%	-9.92%	-351.84%