Carysil Limited (CARYSIL)

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Carysil Limited (CARYSIL) · mywealthgrid

About

Carysil Limited manufactures household appliances in the consumer discretionary sector, with a market capitalisation of ₹3,350 Cr. Recent consolidated quarterly revenues run ₹222–262 Cr with net profits of ₹21–32 Cr, positioning it as a smaller player in the Indian appliances market. The company maintains operating margins averaging 19.18%, generates an ROE of 17.44%, and carries modest leverage (D/E 0.44).

Face value: ₹2

Market cap

₹2,967 Cr

P/E

27.4×

P/B

4.9×

Dividend yield

0.5%

ROE

17.4%

ROCE

22.9%

Debt / equity

0.44

OPM

19.2%

EPS (TTM)

₹38.0

Book value

₹213.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

PE 30.99 is elevated; verify earnings growth rate and peer valuations to assess if justified by fundamentals.
Operating margins (19.18% LTM, ranging 18.95–22.25% quarterly) show volatility; verify input-cost environment, pricing power, and margin floor in downturns.
Household-appliance demand is discretionary; verify demand outlook, consumer-credit availability, and replacement-cycle assumptions for the medium term.
FII ownership minimal (1.63%); verify if this reflects institutional caution or small-cap neglect, and assess liquidity implications.

Generated analysis · source review pending

Growth drivers

Consolidated revenue in Jun 2026 reached ₹262.14 Cr, highest in recent quarters (up 12% from Mar 2026); verify if sustainable or seasonal, and check full-year guidance.
Operating margin expanded to 22.25% (standalone, Jun 2026) from 20.97% (Mar 2026); verify if from volume leverage, cost efficiency, or pricing, and assess sustainability.
ROE of 17.44% signals efficient capital use; verify capex plans and earnings-retention rate to assess organic growth potential.

Generated analysis · source review pending

1,904 historical price candles were omitted because the exchange source has not been verified.

₹1,044.8-1.1%1Y

Quick read

rule-based

Pros

+High return on capital employed of 21.8%
+Profit CAGR of 20.4% over the last 5 years
+Revenue CAGR of 24.4% over the last 5 years

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

63/100

Business quality: 56
Growth: 78
Valuation: 54

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lg Electronics India LimitedLGEINDIALGEINDIA	₹1,16,876 Cr	₹1,16,876 Cr	₹25,575 Cr	₹2,593 Cr	9.8%	₹1,825 Cr	6.9%	31%	24.7%	30
Voltas LimitedVOLTASVOLTAS	₹34,850 Cr	₹35,817 Cr	₹14,979 Cr	₹734 Cr	4.5%	₹449 Cr	2.6%	11.4%	5.8%	19
Blue Star LimitedBLUESTARCOBLUESTARCO	₹30,009 Cr	₹30,636 Cr	₹12,798 Cr	₹905 Cr	7.5%	₹509 Cr	4.3%	23.2%	16.2%	33
Amber Enterprises India LimitedAMBERAMBER	₹22,945 Cr	₹25,647 Cr	₹12,625 Cr	₹1,008 Cr	7.8%	₹96 Cr	1.9%	12.6%	5.3%	53
Crompton Greaves Consumer Electricals LimitedCROMPTONCROMPTON	₹13,052 Cr	₹13,052 Cr	₹8,332 Cr	₹849 Cr	10.2%	₹-224 Cr	-2.9%	18.2%	-7.6%	-24
V-Guard Industries LimitedVGUARDVGUARD	₹12,869 Cr	₹12,878 Cr	₹6,310 Cr	₹594 Cr	8.8%	₹365 Cr	5.2%	17.9%	13.8%	60
Whirlpool Of India LimitedWHIRLPOOLWHIRLPOOL	₹10,934 Cr	₹10,934 Cr	₹8,329 Cr	₹409 Cr	6%	₹251 Cr	3.7%	9.9%	7.2%	9
Ttk Prestige LimitedTTKPRESTIGTTKPRESTIG	₹6,938 Cr	₹6,993 Cr	₹3,178 Cr	₹317 Cr	9.3%	₹190 Cr	5.3%	12.4%	8.1%	119
Eureka Forbes LimitedEUREKAFORBEUREKAFORB	₹6,817 Cr	₹6,817 Cr	₹2,802 Cr	₹321 Cr	11.6%	₹181 Cr	6%	4.8%	3.6%	80
Bosch Home Comfort India LimitedBOSCH-HCILBOSCH-HCIL	₹5,351 Cr	₹5,411 Cr	₹2,942 Cr	₹72 Cr	2.5%	₹5 Cr	-0.1%	4.5%	-0.5%	18
Ifb Industries LimitedIFBINDIFBIND	₹4,723 Cr	₹4,739 Cr	₹5,866 Cr	₹344 Cr	5.7%	₹160 Cr	2.6%	19.5%	15.6%	-10
Symphony LimitedSYMPHONYSYMPHONY	₹3,928 Cr	₹4,072 Cr	₹1,058 Cr	₹149 Cr	11%	₹-139 Cr	-12.5%	24.2%	-21.6%	162

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	276	310	484	594	684	816	924
COGS	137	142	209	302	315	377	428
Gross profit	139	168	274	291	369	439	496
	92	102	171	184	240	301	318
	46	66	103	107	129	137	177
OPM %	16.8%	21.2%	21.4%	18.1%	18.8%	16.8%	19.2%
Depreciation	12	13	18	26	32	36	40
Interest	9	7	10	15	21	23	20
	5	8	10	2	5	10	12
Profit before tax	30	54	86	68	81	88	130
Tax	8	15	21	15	22	24	31
Tax %	25%	27%	24.2%	22.4%	27.8%	26.8%	23.8%
	23	39	65	53	58	64	99
PAT margin %	8.3%	12.7%	13.5%	8.9%	8.5%	7.9%	10.7%
EPS (₹)	8.4	14.7	24.3	19.6	21.3	22.8	34.5
EPS adjusted (₹)	8.6	14.7	24.3	19.6	21.8	22.7	34.8
	14.3%	13.6%	9.9%	10.2%	9.4%	10.5%	8.7%
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	5	5	5	5	5	5	6	6
Reserves	—	152	186	248	298	349	521	603
Minority interest	—	2	3	3	4	4	5	6
	—	90	101	137	221	298	265	270
	—	75	96	159	184	188	189	158
Total equity & liabilities	—	325	391	553	712	845	985	1,042
	119	125	152	206	328	387	401	464
CWIP	—	9	10	21	14	10	12	25
Investments	—	0	0	0	0	0	13	15
	—	191	229	326	371	447	560	538
Total assets	—	325	391	553	712	845	985	1,042

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	50.3%	54.2%	56.7%	49.1%	54%	53.8%	53.6%
EBITDA margin %	16.8%	21.2%	21.4%	18.1%	18.8%	16.8%	19.2%
EBIT margin %	12.5%	17.2%	17.7%	13.6%	14.1%	12.4%	14.9%
PAT margin %	8.3%	12.7%	13.5%	8.9%	8.5%	7.9%	10.7%
Working capital
Receivable days	82	98	76	63	74	65	63
Inventory days	159	140	182	158	201	214	221
Payable days	77	107	138	95	101	77	87
NWC days	164	131	119	126	174	202	198
Leverage
Current ratio	1.33	1.33	1.27	1.16	1.17	1.51	1.44
Debt to EBITDA	1.93	1.54	1.33	2.06	2.32	1.93	1.52
Debt to equity	0.57	0.53	0.54	0.73	0.84	0.5	0.44
Interest coverage	4.5	8.4	10	5.7	4.9	4.8	7.7
Asset turnover	0.85	0.79	0.87	0.83	0.81	0.83	0.89
Return ratios
Return on assets %	7%	10.1%	11.8%	7.4%	6.9%	6.5%	9.5%
Return on capital employed %	21.3%	29.9%	35.7%	23.2%	22.8%	19.8%	22.9%
Return on equity %	14.5%	20.5%	25.7%	17.4%	16.5%	12.2%	16.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	43.84%	43.84%	43.84%	43.79%	41.37%	41.37%	41.37%	41.33%	41.33%	41.33%	41.33%	41.33%
	0.56%	0.64%	0.87%	0.7%	1.22%	1.29%	1.26%	1.54%	1.44%	1.55%	1.59%	1.63%
	7.08%	7.31%	7.32%	7.2%	11.08%	11.68%	11.56%	11.19%	11.33%	11.34%	11.73%	11.91%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	48.52%	48.21%	47.97%	48.31%	46.33%	45.66%	45.81%	45.94%	45.9%	45.78%	45.35%	45.13%
No. of shareholders	—	—	—	—	—	—	—	—	54,797	50,184	47,620	50,289

Promoter holding down 2.51 percentage points since Sep 2023.

6 disclosures

Person	Deal	Shares	Value	Holding	Filed
Satilal Baburao Patkari	SellMarket Sale	5,221	₹47 L	0.06% → 0.04%	24 Sept 20257(2)
Chetan N Shah	SellMarket Sale	2,000	₹18.58 L	0.02% → 0.01%	5 Sept 2025

2 deals · 10 Nov 2023 – 10 Nov 2023

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Nov 2023	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	1,52,422	₹802.21	₹12.23 Cr
10 Nov 2023	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	1,52,422	₹801.99	₹12.22 Cr

1–2 of 2

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Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Chirag Ashwinbhai ParekhExecutive Director-Chairperson-MD
Mr. Rustam Navel MullaNon-Executive - Independent Director
Anand SharmaChief Financial Officer
Mr. Pradyumna Rameshchandra VyasNon-Executive - Independent Director
Mr. Prabhakar Ramchandra DalalNon-Executive - Independent Director
Mrs. Katja LarsenNon-Executive - Independent Director
Mr. Anandkumar Hausalaprasad SharmaExecutive Director
Mr. Savan GodiawalaNon-Executive - Independent Director
Ms. Reena ShahCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

Portfolio month

Schemes holding

across 3 fund houses

Held by these funds

3.83%

of the company's equity

All mutual funds

3.83%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

3 schemes · 3 fund houses

		Shares
Small Cap Fund	DSP Mutual Fund	10.33 L	116.6	0.54%	3.638%	-0
Small Cap Fund	Quantum Mutual Fund	55,725	6.29	2.37%	0.196%	-0
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	48	0.01	0.01%	0%	-0

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

65 announcementsExport CSV

1 Oct 2026, 3:22 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	50.3%	54.2%	56.7%	49.1%	54%	53.8%	53.6%
EBITDA margin %	16.8%	21.2%	21.4%	18.1%	18.8%	16.8%	19.2%
EBIT margin %	12.5%	17.2%	17.7%	13.6%	14.1%	12.4%	14.9%
PAT margin %	8.3%	12.7%	13.5%	8.9%	8.5%	7.9%	10.7%
Working capital
Receivable days	82	98	76	63	74	65	63
Inventory days	159	140	182	158	201	214	221
Payable days	77	107	138	95	101	77	87
NWC days	164	131	119	126	174	202	198
Leverage
Current ratio	1.33	1.33	1.27	1.16	1.17	1.51	1.44
Debt to EBITDA	1.93	1.54	1.33	2.06	2.32	1.93	1.52
Debt to equity	0.57	0.53	0.54	0.73	0.84	0.5	0.44
Interest coverage	4.5	8.4	10	5.7	4.9	4.8	7.7
Asset turnover	0.85	0.79	0.87	0.83	0.81	0.83	0.89
Return ratios
Return on assets %	7%	10.1%	11.8%	7.4%	6.9%	6.5%	9.5%
Return on capital employed %	21.3%	29.9%	35.7%	23.2%	22.8%	19.8%	22.9%
Return on equity %	14.5%	20.5%	25.7%	17.4%	16.5%	12.2%	16.3%

Date	Category	Subject	Filing
1 Oct 2026, 3:22 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
30 Sept 2026, 3:54 pm	AGM/EGM Postal Ballot	Shareholder Meeting / Postal Ballot-Notice of Postal Ballot	PDF
22 Sept 2026, 6:20 pm	Company Update Investor Presentation	Announcement under Regulation 30 (LODR)-Investor Presentation	PDF
22 Sept 2026, 5:49 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
22 Sept 2026, 5:21 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
22 Sept 2026, 1:35 pm	Company Update Change in Management	Announcement under Regulation 30 (LODR)-Change in Management	PDF
22 Sept 2026, 1:29 pm	Others Outcome without intimation	Board Meeting Outcome for Outcome Of Board Meeting 22-09-2026	PDF
21 Sept 2026, 6:52 pm	Company Update General	General Update	PDF

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	11	6	16	24	30	45	52	71	58	60	109
	-13	-14	-20	-17	-19	-35	-73	-136	-102	-110	-89
	19	2	-0	-4	-10	-9	18	64	48	53	-25
Net cash flow	17	-6	-5	2	1	2	-2	-1	5	4	-5
Free cash flow	2	-7	-4	5	11	9	-26	13	-35	13	-3
CFO / Operating profit %	—	—	—	—	64.9%	69%	50%	66.3%	44.9%	43.8%	61.3%

Carysil Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

22

1

1

Compounded sales growth

Compounded profit growth

Return on equity

Carysil Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Dividends22

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

22

1

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