
CARYSIL Share Price: What Could the Next 3 Years Look Like?
CARYSIL share price Rs 1,228. 52W high Rs 1,275, low Rs 732. Market cap Rs 3,489 Cr. 2030 scenario range Rs 1,470 to Rs 2,390.
Updated: 15 Jul 2026 • 3:29 pm
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The CARYSIL share price forecast for the next 3 years is a question on many investors' minds as the stock trades at Rs 1,228, within a 52 week range of Rs 732 to Rs 1,275. This article lays out a scenario based CARYSIL share price outlook for 2027, 2028 and 2030, built on the company's fundamentals, sector trends and the key risks that could change the trajectory. Rather than a single number, the focus here is on the range of outcomes and the assumptions behind each one.
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CARYSIL Company Overview
Carysil, formerly known as Acrysil, is a leading manufacturer of quartz kitchen sinks and appliances, exporting to global markets under its own brand and through private label partnerships. Understanding the business model is the first step in framing any credible CARYSIL share price forecast, because the durability of earnings ultimately decides where the stock trades.
| Company | CARYSIL |
| NSE Ticker | CARYSIL |
| CMP | Rs 1,228 |
| 52 Week High | Rs 1,275 |
| 52 Week Low | Rs 732 |
| Market Cap | Rs 3,489 Cr |
| Stock PE | 35.2 |
| Book Value | Rs 214 |
| ROE | 17.4% |
| ROCE | 17.8% |
| Dividend Yield | 0.2% |
Where Does CARYSIL Share Price Stand Today?
The stock currently trades about 4 percent below its 52 week high of Rs 1,275, which means the market has already tempered some of its optimism. For anyone building a CARYSIL share price forecast, this correction matters for the CARYSIL share price forecast starting point, because entry valuations have a large bearing on 3 year returns.
At the current price, CARYSIL commands a market capitalisation of Rs 3,489 Cr and trades at a price to earnings multiple of 35.2. The company generates a return on equity of 17.4% and a return on capital employed of 17.8%, which places it in the category of businesses with moderate return ratios. These numbers anchor the CARYSIL share price forecast scenarios that follow. How the broader Nifty 50 index trades over this period will also influence the multiple investors are willing to assign to the stock.
CARYSIL Share Price Forecast: Key Growth Drivers for the Next 3 Years
Four forces are likely to shape the CARYSIL share price forecast between now and 2030, and together they explain most of the dispersion in this CARYSIL share price forecast. Each is discussed below with its likely direction of impact.
Earnings Trajectory and Return Ratios
Stock prices ultimately follow earnings. With moderate return ratios at present, the pace at which profits compound over FY27 to FY30 will be the single biggest determinant of the CARYSIL share price forecast actually playing out. Consistent earnings delivery tends to expand valuation multiples, while misses compress them quickly.
Paints and Home Improvement Demand
Decorative paints demand in India grows ahead of GDP, driven by shorter repainting cycles, urban housing and premiumisation. Established brands like CARYSIL can defend share and margins even as new entrants intensify competition.
Within the space, investors often benchmark CARYSIL against peers such as Cello World, Borosil and Butterfly Gandhimathi Appliances on growth and valuations before forming a view on the CARYSIL share price forecast.
Company Specific Catalysts
The bull case for CARYSIL rests on rising global demand for quartz kitchen sinks and expansion into kitchen appliances and international markets. If these play out on schedule, the CARYSIL share price forecast for 2030 could gravitate toward the upper end of the scenario range discussed below.
Macro Environment and Liquidity
The RBI rate cycle, FII flows into Indian equities and overall market valuations will influence the multiple investors are willing to pay. A benign macro backdrop supports the optimistic end of any CARYSIL share price forecast, while global risk aversion would do the opposite to the CARYSIL share price outlook.
CARYSIL Share Price Forecast 2027, 2028 and 2030: Scenario Analysis
The table below presents a scenario based CARYSIL share price forecast using compounded annual growth assumptions applied to the current market price of Rs 1,228. These are illustrative ranges, not point predictions, and actual outcomes can fall outside them.
| Year | Bear Case | Base Case | Bull Case | Assumption |
|---|---|---|---|---|
| 2027 | Rs 1,300 | Rs 1,420 | Rs 1,530 | 4% to 16% CAGR on CMP |
| 2028 | Rs 1,350 | Rs 1,560 | Rs 1,780 | 4% to 16% CAGR on CMP |
| 2030 | Rs 1,470 | Rs 1,890 | Rs 2,390 | 4% to 16% CAGR on CMP |
In the base case scenario of this CARYSIL share price forecast, the 2030 level works out to roughly Rs 1,890, implying steady compounding from today's levels. The bull case of Rs 2,390 assumes rising global demand for quartz kitchen sinks and expansion into kitchen appliances and international markets delivers ahead of expectations, while the bear case of Rs 1,470 captures a scenario where growth stalls. That is an outcome band of about 20 percent to 95 percent over the period.
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Bull Case vs Bear Case for CARYSIL Share Price
The Bull Case
The optimistic CARYSIL share price forecast assumes rising global demand for quartz kitchen sinks and expansion into kitchen appliances and international markets. Combined with supportive sector conditions, this could lift both earnings and the valuation multiple, pushing the stock toward Rs 2,390 by 2030.
The Bear Case
The cautious view centres on the fact that input raw material cost volatility and cyclical demand in export housing and renovation markets are key risks. If these pressures dominate, the CARYSIL share price forecast would skew toward the lower band and the stock could stagnate near Rs 1,470 even by 2030, underperforming broader indices.
Key Risks That Could Change the CARYSIL Share Price Outlook
- Execution risk: Delays in strategy execution or capacity plans would push the earnings trajectory below the base case assumed in this CARYSIL share price forecast.
- Valuation risk: At a PE of 35.2, any earnings disappointment can trigger sharp multiple compression before fundamentals stabilise.
- Sector risk: Input raw material cost volatility and cyclical demand in export housing and renovation markets are key risks.
- Macro risk: A global slowdown, adverse FII flows or unexpected rate moves would compress equity valuations across the market.
- Regulatory risk: Policy, tax or compliance changes affecting the sector can alter the earnings outlook with little warning.
Is CARYSIL Worth Watching for the Long Term?
For long term investors, the relevant question is not just where the CARYSIL share price forecast lands in 2030 or what any single CARYSIL share price forecast says today, but whether the business can compound capital through cycles. The company's positioning around rising global demand for quartz kitchen sinks and expansion into kitchen appliances and international markets gives it a credible growth story, while the risks outlined above define what must be monitored each quarter.
Investors should track quarterly earnings, management commentary and sector data rather than anchoring to any single number from a CARYSIL share price outlook. Historically, staying focused on business fundamentals has served investors better than chasing price targets, and consulting a SEBI registered advisor before investing remains the prudent approach.
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Conclusion
The CARYSIL share price forecast for the next 3 years spans Rs 1,470 to Rs 2,390 by 2030 under the scenarios discussed, with a base case near Rs 1,890. Any credible CARYSIL share price forecast must be updated as facts change, and the path will be decided by earnings delivery, rising global demand for quartz kitchen sinks and expansion into kitchen appliances and international markets and the broader market environment. Treat these ranges as a framework for thinking, not a promise of outcomes, and revisit the assumptions as new results come in. Consult a SEBI registered investment advisor before making any investment decision.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What is the CARYSIL share price forecast for the next 3 years?
Ans. The CARYSIL share price forecast for the next 3 years is scenario based rather than a single number. By 2030, the illustrative range spans Rs 1,470 in the bear case to Rs 2,390 in the bull case, with a base case near Rs 1,890, depending on earnings delivery and market conditions.
What is the CARYSIL share price forecast for 2027?
Ans. For 2027, the scenario range works out to Rs 1,300 to Rs 1,530, with a base case around Rs 1,420. This assumes compounding on the current price of Rs 1,228 and is illustrative, not a guaranteed outcome.
What is the CARYSIL share price forecast for 2028?
Ans. The 2028 scenario range is Rs 1,350 to Rs 1,780, with the base case near Rs 1,560. Actual levels will depend on earnings growth, sector trends and overall market valuations at the time.
What is the current share price of CARYSIL?
Ans. CARYSIL currently trades at around Rs 1,228 on the NSE, within a 52 week range of Rs 732 to Rs 1,275. Prices change continuously during market hours, so check live quotes before acting.
Is CARYSIL a good stock for the long term?
Ans. CARYSIL has a credible long term story built on rising global demand for quartz kitchen sinks and expansion into kitchen appliances and international markets, but it also carries risks since input raw material cost volatility and cyclical demand in export housing and renovation markets are key risks. Long term suitability depends on your risk profile and portfolio, so consult a SEBI registered investment advisor before investing.
What is the CARYSIL share price outlook for 2030?
Ans. The CARYSIL share price outlook for 2030 spans Rs 1,470 to Rs 2,390 across bear and bull scenarios. Where the stock actually lands will be driven by profit growth, valuation multiples and macro conditions closer to that date.
What are the key risks to the CARYSIL share price forecast?
Ans. The main risks are execution delays, valuation compression from the current PE of 35.2, sector specific pressures, macro shocks and regulatory changes. Any of these can push the stock below the base case scenario discussed in this article.
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