Carysil Limited has recommended a final dividend of ₹3 per equity share for the financial year ended March 2026, the company disclosed to the NSE on May 20, 2026. The announcement accompanied the submission of financial results for the quarter ended June 30, 2026, filed with the exchange on August 10, 2026. The dividend represents a 25% increase over the ₹2.4 per share paid in FY2025.
Dividend Details
- Current final dividend: ₹3.00 per equity share (FY2026)
- Previous final dividend: ₹2.40 per equity share (FY2025)
- Year-on-year increase: 25%
- The dividend is subject to shareholder approval at the forthcoming Annual General Meeting.
With trade quote data unavailable at time of publication, a precise dividend yield calculation cannot be confirmed. However, based on the stock's publicly available 52-week trading range, investors should compute yield as the ₹3 dividend divided by the prevailing market price to assess income return relative to current valuation.
Multi-Year Dividend Trend
Carysil's dividend history reveals a consistent and accelerating upward trajectory over the past five years. The company, formerly known as Acrysil Limited, has steadily grown its annual payout from ₹1.20 per share in FY2021 to ₹3.00 in FY2026, representing a 150% cumulative increase over five years.
- FY2026: ₹3.00 per share (final)
- FY2025: ₹2.40 per share (final)
- FY2024: ₹2.00 per share (final)
- FY2023: ₹2.00 per share (final)
- FY2022: ₹1.20 per share (final) + ₹1.20 interim = ₹2.40 total
- FY2021: ₹1.20 per share (final) + ₹0.80 interim = ₹2.00 total
The shift from a combination of interim and final dividends in FY2021 and FY2022 to a single final dividend payout from FY2023 onward reflects a change in the company's capital distribution policy. The pace of growth has also accelerated, with the FY2026 increment of ₹0.60 per share being the largest single-year absolute addition in recent history.
Company Background
Carysil Limited, listed on the NSE under the symbol CARYSIL with ISIN INE482D01024, is a manufacturer of quartz kitchen sinks, stainless steel sinks, and kitchen appliances. The company rebranded from Acrysil Limited to Carysil Limited to better align its corporate identity with its flagship product brand. It has a presence in both domestic and export markets, with Europe being a significant revenue contributor.
What This Means for Investors
The consistent growth in dividend payouts signals management's confidence in sustained cash flow generation. For income-oriented investors, the five-year compounded annual growth rate of the dividend payout stands at approximately 20% CAGR, which is materially above typical fixed-income alternatives. The absence of interim dividends in recent years also simplifies tax planning for shareholders, as dividend income is taxed in the hands of recipients under current Indian tax rules.
Investors tracking delivery volumes as a signal of institutional conviction should note that delivery percentage data was not available in the current exchange filing. The Q1 FY27 financial results filed on August 10, 2026, will provide further clarity on revenue and profitability trends that underpin the company's dividend capacity going forward.
