Financials Carysil Limited

Equities

CARYSIL

INE482D01024

Construction Supplies & Fixtures

Market Closed - Bombay S.E. Other stock markets 11:00:48 30/04/2024 BST			5-day change	1st Jan Change
944.2 ^INR	+0.54%		-3.25%	+14.81%

03-20	Carysil to Raise Up to INR1.50 Billion Via Qualified Institutional Placement	MT
02-01	Transcript : Carysil Limited, Q3 2024 Earnings Call, Feb 01, 2024

Valuation

Fiscal Period: Maart	2021	2022	2023	2024	2025	2026
Capitalization ¹	8,269	22,182	14,548	25,318	-	-
Enterprise Value (EV) ¹	8,269	22,182	14,548	25,318	25,318	25,318
P/E ratio	21.1 x	34.4 x	27.8 x	38.5 x	23.9 x	18.9 x
Yield	-	-	0.37%	0.24%	0.32%	0.37%
Capitalization / Revenue	-	4.49 x	2.45 x	3.58 x	2.74 x	2.28 x
EV / Revenue	-	4.49 x	2.45 x	3.58 x	2.74 x	2.28 x
EV / EBITDA	-	19.6 x	13.5 x	18.8 x	13.4 x	11.1 x
EV / FCF	-	-	108 x	170 x	444 x	58.9 x
FCF Yield	-	-	0.92%	0.59%	0.23%	1.7%
Price to Book	-	815 x	-	6.84 x	5.4 x	-
Nbr of stocks (in thousands)	26,695	26,695	26,772	26,816	-	-
Reference price ²	309.8	831.0	543.4	944.2	944.2	944.2
Announcement Date	28/08/21	17/05/22	25/05/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart	2021	2022	2023	2024	2025	2026
Net sales ¹	-	4,940	5,939	7,078	9,244	11,109
EBITDA ¹	-	1,134	1,074	1,350	1,891	2,272
EBIT ¹	-	-	-	1,069	1,501	1,833
Operating Margin	-	-	-	15.1%	16.24%	16.5%
Earnings before Tax (EBT) ¹	-	860.8	681	900	1,416	1,784
Net income ¹	391.2	647.6	524.2	666	1,054	1,327
Net margin	-	13.11%	8.83%	9.41%	11.4%	11.95%
EPS ²	14.66	24.13	19.52	24.50	39.50	50.00
Free Cash Flow ¹	-	-	134.4	149	57	430
FCF margin	-	-	2.26%	2.11%	0.62%	3.87%
FCF Conversion (EBITDA)	-	-	12.52%	11.04%	3.01%	18.93%
FCF Conversion (Net income)	-	-	25.65%	22.37%	5.41%	32.4%
Dividend per Share ²	-	-	2.000	2.250	3.000	3.500
Announcement Date	28/08/21	17/05/22	25/05/23	-	-	-

¹INR in Million²INR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4
Net sales ¹	1,713	1,392	-	1,456	1,417	1,576	1,806	2,149
EBITDA ¹	337.1	224.3	-	262.3	260.6	300	367.5	415
EBIT	277.5	162.7	-	-	-	-	291	356
Operating Margin	16.2%	11.69%	-	-	-	-	16.12%	16.57%
Earnings before Tax (EBT)	249.2	127.3	-	-	-	-	254	319
Net income ¹	186.9	92.45	120.5	124.3	115.8	137	180.3	223.7
Net margin	10.91%	6.64%	-	8.54%	8.17%	8.7%	9.99%	10.41%
EPS	6.940	3.430	4.500	-	-	-	7.000	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	05/08/22	09/11/22	13/02/23	25/05/23	11/08/23	-	-	-

¹INR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: Maart	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow ¹	-	-	134	149	57	430
ROE (net income / shareholders' equity)	-	29%	18.8%	19.2%	24%	24.3%
ROA (Net income/ Total Assets)	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-
Book Value Per Share ²	-	1.020	-	138.0	175.0	-
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	-	577	750	750	850
Capex / Sales	-	-	9.72%	10.6%	8.11%	7.65%
Announcement Date	28/08/21	17/05/22	25/05/23	-	-	-

¹INR in Million²INR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Carysil Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

944.2 INR

Average target price

1,131 INR

Spread / Average Target

+19.83%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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SIMPSON MANUFACTURING CO., INC.	-11.18%	7.38B

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