About the Company
Founded in 1987 as Acrysil Limited, the company rebranded to Carysil Limited (Mcap 2000 Cr) in 2022 to align its corporate identity with its flagship brand. Carysil is a global leader in lifestyle kitchen and bath products and is one of only four manufacturers worldwide (and the largest in Asia) producing composite quartz sinks using advanced German technology.
The company has undergone a significant structural shift: evolving from a component manufacturer (quartz sinks) into a “one-stop solution” provider. Today, its portfolio includes quartz sinks, stainless steel sinks, built-in appliances (hobs, hoods, wine chillers), faucets, and luxury bathware.
About the Management
Carysil is led by a blend of experienced promoter leadership and specialized professionals:
Mr. Chirag A. Parekh (Chairman & Managing Director): Joined in 1993; MD since 2002. He holds a B.B.A. from European University, Switzerland.
- Remuneration (FY25): ₹702.54 Lakhs (including commission).
- Shareholding: ~30.35% as of Dec 2025.
Mr. Anand Sharma (Executive Director & Group CFO): A CA, CS, and Cost Accountant who has led finance and operations since 2015.
- Remuneration (FY25): ₹77.00 Lakhs.
- Shareholding: 27,000 shares.
Insight: While the company is promoter-led, it has successfully built a professional leadership layer across international subsidiaries and functional heads (Operations, Sales, R&D), which is crucial for managing its vast global footprint.
Business Model
To read the full article, please subscribe to PRUDENT Ideas Membership!
See you next time.
Until then… Stay Prudent!
Disclaimer: This article is provided for informational purposes only and should not be considered as an investment advice
Also Read: