Saturday, May 23, 2026

Carysil shares surge 15% after Q4 profit jumps 45% on strong demand and revenue growth

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Carysil reported a 45.2% year-on-year rise in consolidated net profit for the fourth quarter at ₹27 crore, compared with ₹18.6 crore a year ago.As per exchange filings, revenue for the quarter increased 14.6% to ₹233.7 crore from ₹204 crore in the corresponding period last year.

EBITDA rose 30% year-on-year to ₹45 crore from ₹34.6 crore, while EBITDA margin expanded to 19.3% from 17% a year earlier.
The company’s board has recommended a final dividend of ₹3 per share, equivalent to 150% of the face value of ₹2 each, for the financial year ended March 31, 2026, subject to shareholders’ approval at the upcoming annual general meeting.Earlier, on April 22, CNBC-TV18 had reported that Chirag Parekh, CMD of Carysil, is ramping up capacity amid global uncertainty, backed by strong demand visibility and near-peak utilisation levels, signalling confidence in the company’s growth trajectory.

“We are tied up with the largest home improvement retailer in the United States. And these guys need a lot more capacity,” Parekh said, explaining the decision to increase capex. The company is already operating at “about 85-90% of our total capacity,” leaving limited room to meet rising orders and prompting an expansion.

Shares of Carysil Ltd surged 14.58% to ₹1,053.70 on the NSE on Wednesday after the company reported strong fourth-quarter earnings.

Also Read: Zydus Wellness sees recovery in seasonal portfolio in FY27 as heatwave boosts summer demand

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