Investor Presentation

ACCELERATING MOMENTUM CARYSIL LIMITED Q2 FY27 Investor Presentation November 2026 BRANDDEVELOPMENT TALENTACQUISITION INNOVATION GLOBALISATION DIVERSIFICATION EXPANSION This presentation and the accompanying slides (the “Presentation”), which have been prepared by Carysil Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities ofthe Companywillbemadeexcept bymeansofastatutoryofferingdocument containingdetailed informationabouttheCompany. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. This presentation contains certain forward looking statements concerning the Company’s future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding fluctuations in earnings, our ability to manage growth, competition (both domestic and international), economic growth in India and abroad, ability toattract and retainhighly skilled professionals,timeandcostoverrunsoncontracts,ourability tomanageourinternational operations, government policies and actions regulations, interest and other fiscal costs generally prevailing in the economy. The Company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forwardlookingstatements madefromtime totimebyor onbehalf oftheCompany. Table of Contents Q2 & H1 FY27 Highlights Company Overview Investment Thesis Annexure Q2 & H1 FY27 Highlights Carysil : World Class Manufacturing - Made in India Chirag Parekh, Chairman&ManagingDirector Carysil's journey has been built on German engineering, world-class manufacturing and an unwavering commitment to quality, design and innovation. Strong execution, customer- centricity and global partnerships have enabled us to build a resilient platform serving customers across international markets. As India's premium kitchen solutions market continues to evolve, we are sharpening our focus on premiumisation, design-led innovation and expanding our domestic presence, while strengthening our global footprint through technology-driven products, category expansion and long-standing customer relationships. Backed by strong fundamentals, disciplined capital allocation and continuous innovation, we remain well positioned to create sustainable long-term value and reinforce Carysil's leadership as a global premium kitchen solutions brand. Operational Highlights Quartz Sink: Capacity utilisation stood at 92% in Q2 FY27 and 90% in H1 FY27, reflecting healthy demand. Addition of 2.5 lakh units p.a. remains on track for commissioning byend-FY27. Stainless-Steel Sink: Capacity utilisation stood at 91% in Q2 FY27 and 85% in H1 FY27, indicating healthy utilisation of the expanded manufacturing capacity. Kitchen Appliances: Expansion across hobs, ovens, microwaves and food waste disposers remains on schedule, with commercial operations expected by end-FY27. The expansion will double total capacity to 100,000 units p.a., supporting the company’s growth across the appliances portfolio. Faucets: Expansion of the faucets manufacturing facility from 50,000 to 100,000 units p.a. is progressing as planned and remains on track for commissioning by end-FY27, doubling the company’s faucet manufacturing capacity. Sustained Operating Momentum over past 5 Quarters TotalIncome*(Rs Cr) EBITDA(Rs Cr) PATAfterMI(Rs Cr) 15.2% 17.6% 19.6% 13.9% 9.3% 4.3% 278 543 56 110 265 54 31 60 244 50 237 48 28 27 27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26H1 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 *Includesgain/(loss)onForeignExchange Sustained Operating Momentum over past 5 Quarters QuartzSink(Unitsin‘000s) SteelSink(Unitsin‘000s) 8.2% 7.8 % 12.0% 9.9% 419 96 43 45 198 199 387 196 86 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Kitchen Appliances & Others(Unitsin‘000s) Faucets (Unitsin‘000s) (0.4)% 6.9% 25.1% 8.0% 11 11 10 19 13 18 9 10 10 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q3 FY26 Q4 FY26 Q1 FY27 Q2 FY27 H1 FY26 H1 FY27 #KitchenAppliances&Others:IncludesSternhagen,tiles &Others Strengthening International Presence Carysil Products Limited Carysil Surfaces Limited United Granite LLC Revenue Revenue Revenue (Mn.GBP) (Mn.GBP) (Mn.$) 5.5 5.0 6.2 5.6 H1 FY26 H1 FY27 H1 FY26 H1 FY27 H1 FY26 H1 FY27 Balanced Revenue Profile Product-wise Revenue Geography-wise Revenue 27.0% 22.8% 26.3% 23.9% 8.3% 8.9% 8.3% 7.4% 13.1% 13.0% 13.1% 12.7% 12.4% 12.1% 14.1% 14.6% 19.8% 20.8% 18.8% 21.1% 11.1% 11.6% 10.2% 9.9% 34.3% 28.9% 34.2% 31.1% 53.8% 52.5% 48.7% 49.2% 24.5% 28.4% 25.6% 27.6% Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Q2 FY26 Q2 FY27 H1 FY26 H1 FY27 Surfaces Surfaces Kitchen Appliance & Others Kitchen Appliance & Others USA UK India Europe ROW USA UK India Europe ROW Stainless Steel Sink Stainless Steel Sink Quartz Sinks Quartz Sinks Standalone Profit & Loss Statement Particulars(Rs. Crs.) Q2 FY27 Q2 FY26 Y-o-Y Q1 FY27 Q-o-Q H1FY27 H1FY26 Y-o-Y FY26 Revenue 156.5 131.1 19.4% 137.2 14.0% 293.7 256.0 14.7% 504.6 Gain/(Loss)onForeignExchange 2.1 3.2 -33.6% 2.5 -14.9% 4.6 3.6 28.9% 7.3 TotalIncome 158.6 134.3 18.1% 139.7 13.5% 298.3 259.6 14.9% 511.9 RawMaterial 68.8 59.6 15.4% 57.9 18.8% 126.6 115.2 9.9% 220.2 GrossProfit 89.8 74.7 20.2% 81.8 9.8% 171.6 144.4 18.9% 291.7 GrossProfitMargin 56.6% 55.6% 101 bps 58.6% -194 bps 57.5% 55.6% 193 bps 57.0% EmployeeExpenses 14.1 11.3 25.0% 13.2 6.4% 27.3 22.3 22.6% 46.7 OtherExpenses 41.6 33.0 26.3% 35.6 17.0% 77.2 63.3 22.0% 129.4 EBITDA 34.1 30.5 12.0% 33.0 3.3% 67.1 58.8 14.1% 115.6 EBITDAMargin(%) 21.5% 22.7% -118 bps 23.6% -213 bps 22.5% 22.7% -16 bps 22.6% OtherIncome 3.3 2.4 39.1% 2.5 31.3% 5.8 4.7 25.1% 10.0 Depreciation 8.0 7.1 12.2% 7.7 3.9% 15.7 14.2 10.6% 29.1 EBIT 29.4 25.7 14.4% 27.9 5.7% 57.3 49.3 16.2% 96.6 EBITMargin(%) 18.6% 19.2% -60 bps 19.9% -138 bps 19.2% 19.0% 21 bps 18.9% FinanceCost 2.6 2.5 3.6% 2.4 7.4% 5.0 5.4 -6.2% 10.4 Exceptional Items 0.0 0.0 0.0 0.0 0.0 -1.0 ProfitBeforeTax 26.8 23.2 15.5% 25.4 5.5% 52.3 44.0 18.9% 85.2 Tax 7.0 5.8 20.4% 6.6 6.5% 13.6 11.2 20.9% 21.5 ProfitAfterTax 19.8 17.4 13.9% 18.9 5.1% 38.7 32.7 18.2% 63.7 PATAfterTaxMargin(%) 12.5% 13.0% -46 bps 13.5% -100 bps 13.0% 12.6% 36 bps 12.4% EPS 6.97 6.12 13.9% 6.63 5.1% 13.60 11.51 18.2% 22.39 Standalone Balance Sheet Assets(Rs.Crs.) Sep-26 Mar-26 Liabilities(Rs.Crs.) Sep-26 Mar-26 Non-currentassets 412.6 355.9 TotalEquity 496.9 466.5 PropertyPlant&Equipment 213.9 210.2 Sharecapital 5.7 5.7 Righttouseofassets 16.9 8.6 OtherEquity 491.2 460.8 Goodwill - - NonControlling Interest 0.0 - IntangibleAssets 2.0 2.3 Non-Currentliabilities 41.2 20.6 CapitalWorkinProgress 38.1 24.4 FinancialLiabilities FinancialAssets (i)Borrowings 21.1 8.8 (i)OthersNon-CurrentFinancialAsset 43.1 33.1 LeaseLiabilities 13.5 6.0 (ii)Loans 89.6 73.8 DeferredTaxliabilities(Net) 4.5 3.7 OtherNon-CurrentAssets 9.0 3.6 Provisions 2.2 2.2 CurrentAssets 300.2 29 [Showing first 8,000 characters — download PDF for full document]