Carysil Limited to Boost Quartz Kitchen Sink Capacity to 1.25 Million Units per Annum
CARYSIL LIMITED has announced a significant expansion of its installed manufacturing capacity for Quartz Kitchen Sinks. The company proposes increasing its annual capacity from the current 1 Million units per annum to 1.25 Million units per annum.The decision to enhance production capacity stems from advanced discussions with major home improvement retail chains in the United States. These collaborations require Carysil to develop exclusive models and cater to the specific demands of the retail network.
This major expansion will necessitate additional investment in building infrastructure, moulds, and plant and machinery. The estimated total investment for this project is reported to be approximately ₹50 crores. Carysil aims to complete the project by the end of the financial year 2026-27.
The company noted that the investment for this expansion will be financed using existing Qualified Institutional Placement (QIP) funds and internal accruals.
The details of the proposed expansion are summarized below:
| Particulars | Details |
|---|---|
| Existing installed Capacity | ~1 million units p.a. |
| Existing Capacity Utilization | Over 81% |
| Proposed Capacity Addition | 0.25 million units p.a. (25% increase) |
| Period within which the proposed capacity is to be added | End of FY 2026-27 |
| Investment Required | ~₹50 crores |
| Mode of financing | From existing QIP funds and internal accruals |
| Rationale | To meet increasing demand and support business growth, including strategic customer requirements |
CARYSIL Stock Price Movement
Today, CARYSIL LIMITED shares slipped by 4.70% to close at ₹863.4. The decline was seen throughout the session, with the stock trading on a volume of 203,539 shares.Source:
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