Stock Analysis
Carysil Full Year 2024 Earnings: Misses Expectations
Carysil (NSE:CARYSIL) Full Year 2024 Results
Key Financial Results
- Revenue: ₹6.84b (up 15% from FY 2023).
- Net income: ₹578.9m (up 10% from FY 2023).
- Profit margin: 8.5% (down from 8.8% in FY 2023). The decrease in margin was driven by higher expenses.
- EPS: ₹21.59 (up from ₹19.59 in FY 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Carysil Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 3.4%. Earnings per share (EPS) also missed analyst estimates by 12%.
Looking ahead, revenue is forecast to grow 23% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Building industry in India.
Performance of the Indian Building industry.
The company's shares are up 2.5% from a week ago.
Risk Analysis
You should learn about the 1 warning sign we've spotted with Carysil.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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About NSEI:CARYSIL
Carysil
Manufactures and trades in quartz kitchen and stainless steel kitchen sinks, bath products, tiles, kitchen appliances, and accessories in India.