Analysts/Institutional Investor Meet/Con. Call Updates

August 14, 2026 To, To, BSE LIMITED National Stock Exchange of India Limited Department of Corporate Services Exchange Plaza, Plot No. C/1 Phiroze Jeejeebhoy Towers, 'G' Block, Bandra – Kurla Complex Dalal Street, Bandra East, Mumbai- 400 001 Mumbai 400 051 Scrip Code: 524091 Trading Symbol: CARYSIL Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 – Transcript of Earnings Conference call held on August 11, 2026. Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith the transcript of Q1 FY2027 Earnings Conference Call for the Un-audited Financial Results for the quarter ended June 30, 2026 held on Tuesday, August 11, 2026 Thanking you, Yours faithfully, For CARYSIL LTD. REENA SHAH COMPANY SECRETARY & COMPLIANCE OFFICER Encl.: a/a “Carysil Limited Q1 FY27 Earnings Conference Call” August 11, 2026 MANAGEMENT: MR. CHIRAG PAREKH – CHAIRMAN AND MANAGING DIRECTOR – CARYSIL LIMITED MR. ANAND SHARMA – EXECUTIVE DIRECTOR AND GROUP CHIEF FINANCIAL OFFICER – CARYSIL LIMITED GO INDIA ADVISORS – INVESTOR RELATIONS ADVISORS Page 1 of 16 Carysil Limited August 11, 2026 Moderator: Ladies and gentlemen, good day and welcome to the Carysil Limited Q1 FY27 Earnings Conference Call hosted by Go India Advisors. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on the date of this call. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Chirag Parekh. Thank you and over to you, sir. Chirag Parekh: Good evening, ladies and gentlemen. I would like to extend my wishes to all of you and your families on the occasion of India's 79th Independence Day. I hope you have an opportunity to review our Q1 FY27 financial results and investor presentation which was shared earlier and are also available on the company's website and stock exchanges. Our journey at Carysil is closely aligned with the spirit of Make in India to make us building world-class manufacturing capabilities in India, creating products to global standards and taking India manufacturing excellence to customers across the world. Joining me in this call is Anand Sharma, Executive Director and Group CFO, along with GIA our Investor Relations Advisors. Before I start with the details of my speech, I would like to offer some key messages. The first one is we are pleased with our quarter 1 performance. Most importantly, we believe that the underlying trends gives us a lot of confidence in the full year trajectory. We also would like to mention that we are maintaining our existing FY27 margin guidance. However, based on quarter 1 performance and trends we are seeing, we currently see ourselves tracking towards the upper band of that guidance. The improvement in the profitability is not given by a single factor or a one-off benefit. We are seeing benefits from operating leverage, product mix, efficiency, and scale, and we expect these factors to continue to support our margins. We think we have reached a scale where our focus is now no longer simply on growing our existing businesses. Our focus is now how do we want to build the next 1,000 crores of Carysil. India is becoming an increasingly important growth engine for Carysil. We are expanding our distribution, increasing our presence across categories and improving cross-selling across sinks, faucets, and appliances. As far as the export international, we have major breakthrough with large international customer chains. We have been able to build strong customer relationship market position. Page 2 of 16 Carysil Limited August 11, 2026 We see a significant opportunity to grow exports by maintaining healthy margins. We also continue to invest in R&D, product development, technology, and the brand. Investments are channelised to create the next phase of growth rather than simply optimize the current business. Our objective is not to maximize one quarter earnings. Our objective is to build Carysil into a global kitchen solution company with sustainable double-digit growth and industry-leading margins. We remain confident that the combination of growth and operating leverage, new categories gives us a strong runway for the next several years. Quartz Sinks business: The Quartz Sinks business continues to build a strong momentum in FY26, supported by resilient export demand and improving domestic traction. Our capacity stood at 88% during the first quarter. Demand visibility remains healthy. Company continues to invest in new models, machinery, automation, and product innovation. The expansion of 250,000 units are on track and we expect the same to be completed by end of FY27. We would also like to announce that we have extended our partnership with Home Depot US and Canada. We have also entered into a collaborative agreement with Hafele Australia and New Zealand one of the biggest chain retail in Australia. We also would like to share that we just cracked our first orders into Amazon USA. Stainless Steel Sinks: Stainless Steel Sinks continues to emerge as a very important growth engine with volume growing at 16.3% Y-o-Y, strong OEM demand, exports, and increasing opportunities in domestic market. The company combined the additional 70,000 annual capacity, taking now the capacity to 250,000 units, approximate capacity utilization of 94%. The company acquired the adjacent land and we have already started the construction of new factory to cater new B2C, B2B OEM customers like Kohler, Hafele, Grohe, etc. With increasing acceptance of premium SS sinks in global market results, the capacity increase the company expects steel to be one of the great growth drivers come forward. Faucets: Faucets continue to be remain a strong traction with volume growing at 33.4%, making one of the Carysil fastest growing categories. The company is expanding its portfolio into stainless steel and the brass faucets with various PVD finishes. Initiated traction in Europe and launch of our RO enabled drinking water production in the company's long-term potential. Every Indian should drink a water from our Carysil faucet is our dream. India story - Premiumization driving growth: India is increasingly becoming a key growth engine with domestic sales at around INR56 crores, up to almost 40% Y-o-Y, driven by 25% volume growth and 12% average price realization growth, reflecting premiumization and sustainable power mix. Page 3 of 16 Carysil Limited August 11, 2026 All the broad four categories, Quartz Sinks, Stainless Sinks, Appliances, and Faucets in India has grown 31%, 60%, 28%, 45%, respectively. We continue to see this momentum moving forward. Our focus always remains on premium products, high design, technology, and consumer engagement. Strengthening our ecosystem with expansion of our dealers, brand stores, experience centers, our B2B channels and on online. We are increasing our reach by opening 40 to 50 galleries, 11 brand stores, 34 are committed in quarter 2, 180 stores coming in the next two years' time. Because of the new B2B vertical for India, we have now penetrated into large builders in the B2B segment, particularly in Tier 2 and Tier 3 markets through complete kitchen combo selling. Digital is emerging as one of the most important growth channel in India, where our breakthrough with Amazon Alpha, Flipkart, quartz sink, faucet appliances, we expect e- commerce sales to [Showing first 8,000 characters — download PDF for full document]