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Carysil Ltd (CARYSIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524091 NSE: CARYSIL Household & Personal Products | Small Cap | Carysil Share Price

₹1,140.45 -17.05 (-1.47%)

As on 04-Sep'26 16:59

Carysil Ltd (CARYSIL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 524091 NSE: CARYSIL Household & Personal Products | Small Cap | Carysil Share Price

₹1,140.45 -17.05 (-1.47%)

As on 04-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹3,244 Cr.
Current Price
₹1,140.5
52-Week Low / High
₹734 / 1,280
TTM EPS
₹23.6
TTM Sales
₹517 Cr.
Book Value per Share
₹170.6
P/E Ratio
48.26
Lower than its 5-year historical median
Industry PE
43.1
Price to Book (P/B)
6.68
Lower than its 5-year historical median
Price to Sales (P/S)
6.28
Higher than its 5-year historical median
EV/EBITDA
25.36
In line with its 5-year historical median
Dividend Yield
0.26%
Profitability Efficiency
Return on Equity (ROE)
14.56%
Outperforms industry median
Return on Capital Employed (ROCE)
17.32%
Outperforms industry median
Return on Assets (ROA)
10.22%
Operating Profit Margin
21.6%
Net Profit Margin
12.62%
Gross Profit Margin
22.8%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
20.06%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
44.16%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
72.62%
Asset Quality
Promoter Holding
41.33%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹480 Cr.
Equity
₹5.7 Cr.
Face Value
₹2
All Time Low / High
₹0.20 / 1280.00

Carysil stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Semi Strong
Q.1 Is Carysil Ltd a good quality company?
Carysil Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Carysil Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Carysil Ltd vs industry peers?
Carysil Ltd revenue CAGR is 15.23%, compared to the industry median CAGR of 5.58%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Carysil Ltd?
Promoters hold 41.33% of the Carysil Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Carysil Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 25.4% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Carysil Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 10.9%10%13.6%12.9%20%27.3%13.3%16.8%13.4%17.3%-
Value Creation
Index
-0.2-0.30.0-0.10.41.0-0.10.20.00.2-

Growth Parameters

Sales 141154199214248388336371420505517
Sales YoY Gr.-8.8%29.2%7.9%15.9%56.3%-13.5%10.6%13.2%20.1%-
Adj EPS 2.31.64.33.78.41710.312.411.920.823.6
YoY Gr.--31%175%-13.3%126.9%101.2%-39.4%20.7%-4.1%75%-
BVPS (₹) 39.340.543.948.856.773.782.994.9143.7164170.6
Adj Net
Profit
5.9411.19.922.545.327.533.333.959.367
Cash Flow from Ops. -1.18.419.820.537.849.760.928.729.187-
Debt/CF from Ops. -55.794.24.12.42.524.84.31.3-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 15.2%15.2%14.6%20.1%
Adj EPS 28%19.8%26.5%75%
BVPS17.2%23.7%25.5%14.1%
Share Price 25.2% 12.4% 18.7% 18.8%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
6.43.910.18.11625.81313.910.213.514.1
Op. Profit
Mgn %
12.511.915.515.220.220.520.521.91821.621.5
Net Profit
Mgn %
4.22.65.64.69.111.78.298.111.813
Debt to
Equity
0.60.70.70.60.60.60.50.50.30.2-
Working Cap
Days
244267236235231200257247252227112
Cash Conv.
Cycle
89939010894719710411811242

Valuation of Carysil - Standalone

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales141154199214248388336371420505
Operating Expenses + 124136168182198308270290345395
Manufacturing Costs28303538498257677891
Material Costs4960818587125121125144182
Employee Cost 11111215142222263338
Other Costs 36354044497969729085
Operating Profit 181831335080668176109
Operating Profit Margin (%) 12.5%11.9%15.4%15.2%20.2%20.5%19.7%21.9%18.0%21.6%
Other Income + 3535714171317
Exceptional Items 000000000-1
Interest 679871011131311
Depreciation 56811121723262729
Profit Before Tax 10101718396833494985
Tax 435512168131221
Profit After Tax 661213275226363764
PAT Margin (%) 4.4%4.2%5.9%6.0%10.7%13.3%7.6%9.8%8.8%12.6%
Adjusted EPS (₹)2.42.54.54.810.019.39.613.513.022.4
Dividend Payout Ratio (%)41.40%40.50%26.40%25%20.10%12.40%20.90%14.80%18.50%13.40%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 102105114130151197222254408467
Share Capital 5555555566
Reserves 97100109125146191217249402461
Debt +5872777786113109127115105
Long Term Debt711121216312518179
Short Term Debt516165657082841099896
Minority Interest0000000000
Trade Payables16292120316130423843
Others Liabilities 22233238538587913536
Total Liabilities 198229243265322455447514596650

Fixed Assets

Net Fixed Assets +61738287112161190201209221
Gross Block100119135151186251300337370407
Accumulated Depreciation394653647589110136162186
CWIP 223610171291124
Investments 14141414141716172130
Inventories2833404239767487108119
Trade Receivables30404451618255838797
Cash Equivalents 201611151571045746
Others Assets 43504950729590113103113
Total Assets 198229243265322455447514596650
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + -182021385061292987
PBT 10101718396833494985
Adjustment 7101420222836416231
Changes in Working Capital -14-6-5-12-12-300-50-68-6
Tax Paid -4-5-6-6-11-16-8-11-14-23
Cash Flow From Investing Activity + -11-17-16-16-33-66-42-26-117-55
Capex -13-18-18-16-35-63-43-31-36-51
Net Investments -00000-303-7015
Others 21211112-11-18
Cash Flow From Financing Activity + 65-3-6-315-18-489-32
Net Proceeds from Shares 000600001220
Net Proceeds from Borrowing 0000414-5-7-1-8
Interest Paid -5-5-8-8-6-9-10-12-12-10
Dividend Paid -3-3-3-3-5-6-3-6-6-7
Others 14127-1415021-15-7
Net Cash Flow -5-41-11-11-11-0
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)6.846.210.7710.4818.929.6112.2215.2311.1414.56
ROCE (%)10.851013.5712.9120.0427.2813.3216.7813.4217.32
Asset Turnover Ratio0.780.730.840.840.8510.740.770.760.81
PAT to CFO Conversion(x)-0.171.331.671.621.410.962.350.810.781.36
Working Capital Days
Receivable Days82.5082.9077.3080.8082.2067.2074.6068.1074.1066.60
Inventory Days68.1073.1066.7069.5059.605481.6079.1084.3081.90
Payable Days139.90139.80113.1088108133.80136.30103.70101.1081.40

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Carysil Ltd FAQs

The current trading price of Carysil on 04-Sep-2026 16:59 is ₹1,140.5.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 03-Sep-2026 the market cap of Carysil stood at ₹3,243.7 Cr

The latest P/E ratio of Carysil as of 03-Sep-2026 is 48.26.

The latest P/B ratio of Carysil as of 03-Sep-2026 is 6.68.

The 52-week high of Carysil is ₹1,280 and the 52-week low is ₹734.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Carysil is ₹517 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Carysil Ltd is a average quality company.

The key valuation ratios of Carysil Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Carysil Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Carysil Ltd

Acrysil was incorporated in 1987. The company's plant is located at Bhavnagar in Gujarat, India and has its registered office at number 312, Bhavnagar-Rajkot Highway, Navagam, Vartej, Bhavnagar, Gujarat. The company is a leading manufacturer of composite quartz and granite kitchen sinks in India.

The company exports granite sinks to more than 20 countries worldwide like U.S, Far East Countries, Middle East, Africa etc. The company manufactures sinks under the brand name of -CARYSIL- In India and outside India. The company is also an Original Equipment Manufacturers (OEM) to major brands worldwide. It has obtained the ISO 9001:2000, ISO 14001:2004 certification.

Products:

  • Composite Kitchen Sink
  • Granite Kitchen Sinks
  • Wash basin
  • Quartz Kitchen Sink
  • Kitchen Sink
  • Colored Kitchen Sink
  • Composite Sink    
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