Carysil Limited profit rises 21% as revenue reaches Rs 537.87 crore

Carysil Limited reported consolidated profit of Rs 61.06 crore for the half year ended September 30, 2026, up 21% from Rs 50.33 crore a year earlier, as revenue from operations rose 15% to Rs 537.87 crore. The board approved the unaudited results on November 4, 2026, following a limited review by the statutory auditor.

How did Carysil perform in the first half of FY27?

Carysil’s consolidated revenue from operations increased by Rs 70.21 crore to Rs 537.87 crore in the half year ended September 30, 2026, from Rs 467.66 crore in the corresponding 2025 period. Total income, including other income, rose to Rs 546.33 crore from Rs 473.55 crore. Other income was Rs 8.46 crore, compared with Rs 5.89 crore a year earlier.

Carysil’s consolidated profit before tax increased to Rs 82.21 crore in the first half from Rs 66.67 crore a year before. Tax expense rose to Rs 21.15 crore from Rs 16.34 crore, resulting in profit for the period of Rs 61.06 crore versus Rs 50.33 crore. Profit attributable to Carysil shareholders was Rs 59.80 crore, while non-controlling interests accounted for Rs 1.26 crore.

What changed in Carysil’s second-quarter earnings?

Carysil reported consolidated profit of Rs 29.01 crore for the quarter ended September 30, 2026, compared with Rs 27.42 crore in the September 2025 quarter. Total income rose to Rs 280.22 crore from Rs 245.30 crore, while total expenses increased to Rs 240.13 crore from Rs 208.96 crore.

Carysil’s quarterly profit declined sequentially from Rs 32.05 crore in the quarter ended June 30, 2026, to Rs 29.01 crore in the September quarter. Profit before tax moved down to Rs 40.09 crore from Rs 42.12 crore even as total income increased to Rs 280.22 crore from Rs 266.11 crore. September-quarter tax expense was Rs 11.08 crore, compared with Rs 10.07 crore in the June quarter.

Which costs moved most during Carysil’s first half?

Carysil’s consolidated total expenses rose to Rs 464.12 crore from Rs 406.88 crore in the prior-year half. Cost of materials consumed increased by Rs 34.69 crore to Rs 209.95 crore, employee-benefit expense rose to Rs 49.12 crore from Rs 43.43 crore, and other expenses reached Rs 135.68 crore from Rs 110.83 crore.

Carysil recorded a Rs 2.42 crore reduction from changes in inventories of finished goods, work-in-progress and stock-in-trade in the half year ended September 30, 2026, compared with an expense of Rs 6.69 crore a year earlier. Purchases of stock-in-trade decreased to Rs 40.36 crore from Rs 41.49 crore, while depreciation and amortisation increased to Rs 22.05 crore from Rs 18.98 crore. Finance costs fell to Rs 9.38 crore from Rs 10.20 crore.

How did Carysil’s standalone results compare with the group?

Carysil’s standalone revenue from operations for the first half was Rs 293.67 crore, compared with Rs 256 crore in the corresponding 2025 period. Standalone profit for the period rose to Rs 38.67 crore from Rs 32.72 crore, while standalone profit before tax increased to Rs 52.26 crore from Rs 43.96 crore.

Carysil’s consolidated revenue of Rs 537.87 crore was Rs 244.20 crore above its standalone revenue of Rs 293.67 crore for the same six-month period. The group’s consolidated profit of Rs 61.06 crore was Rs 22.39 crore above standalone profit of Rs 38.67 crore. Carysil identified Kitchen & Bath Products as its single reportable segment under Indian Accounting Standard 108 on segment reporting.

What does Carysil’s balance sheet show at September 2026?

Carysil’s consolidated total assets were Rs 1,108.44 crore at September 30, 2026, compared with Rs 1,042.18 crore at March 31, 2026. Non-current assets increased to Rs 576.83 crore from Rs 520.86 crore, including property, plant and equipment of Rs 313.23 crore and capital work-in-progress of Rs 41.93 crore.

Carysil’s consolidated total equity increased to Rs 666 crore at September 30 from Rs 614.35 crore at March 31. Current borrowings fell to Rs 196.16 crore from Rs 222.49 crore, while non-current borrowings rose to Rs 49.22 crore from Rs 47.13 crore. Trade receivables increased to Rs 201.09 crore from Rs 160.74 crore and inventories decreased to Rs 256.64 crore from Rs 259.11 crore.

What did the auditor review in Carysil’s consolidated results?

Carysil’s statutory auditor, P A R K & COMPANY, reviewed the unaudited consolidated results for the quarter and half year ended September 30, 2026 under the applicable review standard. The auditor stated that nothing had come to its attention to indicate that the results failed to make required disclosures or contained a material misstatement, and its conclusion was not modified.

Carysil’s consolidated statement includes 12 subsidiaries with reviewed interim results showing total assets of Rs 519.05 crore at September 30, 2026 and half-year revenue of Rs 268.04 crore. It also includes three subsidiaries with unaudited, management-approved information reporting half-year revenue of Rs 18.96 crore and profit of Rs 0.65 crore; the auditor described those entities as not material to the group.

Conclusion

Carysil’s first-half results showed higher consolidated revenue, profit before tax and profit after tax than in the half year ended September 30, 2025. Revenue rose to Rs 537.87 crore and profit reached Rs 61.06 crore, although September-quarter profit of Rs 29.01 crore was below the Rs 32.05 crore reported in the preceding June quarter.

The disclosed unresolved matter to watch is Carysil Ankastre Sistemleri Ticaret Limited, which remained under voluntary liquidation at the time of the filing. The auditor’s subsidiary list also recorded that Carysil Brassware Limited was struck off on June 9, 2026 and Carysil Ceramictech Limited was struck off on June 1, 2026.