Discovery Series | A home improvement business with strong moat

Highlights

• Only manufacturer of quartz sinks in Asia
• Products are marketed under Carysil and Sternhagen brand
• 10-year Revenue CAGR of 20 percent
• Expanding presence in faucets and built-in kitchen appliances
• Demand trends linked to real estate market
• Stock is down 30 percent from all-time highs

In our constant endeavour to identify companies that have significant potential to grow in the medium to long term, we have identified Carysil (formerly Acrysil), the sole manufacturer of quartz sinks in Asia, as one of our discovery

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