The whole story turns on the quartz-sink capacity scale-up and IKEA/Lowe's contract wins.
Overall read
6.2/10
Priced ahead of it
The three reads · this quarter
The whole story turns on the quartz-sink capacity scale-up and IKEA/Lowe's contract wins.
Overall read
6.2/10
Priced ahead of it
The three reads · this quarter
The standing reads · change less often
Moat
Moderate edge
30-year quartz-sink heritage + IKEA 70-80% global share — IKEA concentration + commodity-rhythmic margins cap STRONG.
Key variables
4 tracked
lead: Segment sales volumes ('000 units)The core quartz franchise has plateaued in a ~190-200k band (+6% YoY) - it is capacity-bound, not demand-bound - while steel and faucets are the actual growth engines, both printing fresh highs (+16%, +43% YoY), evidence the diversification beyond quartz is working.
Walk the talk
Erratic
Quartz sink capacity expansion to 1.25M units by Q4 FY27, driven by strong demand from US retail chains and IKEA.
Latest · newest first
2w ago · Business Update
Monitoring agency report submitted.
2w ago · Business Update
Change in designation of senior managerial personnel.
16 Jul 2026 · Business Update
Company clarifies reason for spurt in volume.
16 Jul 2026 · Business Update
Exchange seeks clarification from Carysil Ltd on volume movement; reply awaited.
2 of 3 guidance items delivered on time
Where it sits