Carrier Air conditioning & Refrigeration Limited
Company Overview
Founded by the inventor of modern air conditioning, Carrier is a leading supplier of high-technology heating, air-conditioning and refrigeration solutions to a range of customers in all parts of Asia.
Carrier has a long legacy in India which dates back to 1936, when it installed the country’s first ever air-conditioning system at Rambagh Palace in Jaipur. Carrier’s presence in India dates back to 1986, when Carrier India was established. In the year 1988, the first manufacturing facility was commissioned in Gurgaon, Haryana. Spread in an area of 19 acres, this state-of-the-art facility consists of a highly automated manufacturing unit, an excellent R&D Center and an advanced quality clinic. Currently, products manufactured in this facility include cassettes, ducted splits, package units, air- and water-cooled screw chillers, air- and water-cooled reciprocating chillers, fan coil units, air handling units, refrigeration products and fire & security products.
Carrier’s comprehensive Environment, Health & Safety (EH&S) program establishes a framework and provides tools for implementing our EH&S practices into our business & culture. Carrier India, Gurgaon facility holds a distinctive record of delivering over 17 million man-hours without a lost work day incident, clearly citing the measures of safety followed here. Carrier India has 14 sales and service offices, more than 800 sales and service channel partners throughout the country, ensuring efficient solutions and quality services at customer’s doorstep.
id | company_master_id | company | shareholder | sharesNo | shareHolding | dateOfUpdate |
---|---|---|---|---|---|---|
198 | 9 | Carrier Airconditioning & Refrig Ltd | Total | 106376745 | 0 | 2021-03-31 |
219 | 9 | Carrier Airconditioning & Refrig Ltd | Total | 106376745 | 0 | 2021-03-31 |
196 | 9 | Carrier Airconditioning & Refrig Ltd | Carrier Corporation | 102618689 | 0 | 2021-03-31 |
217 | 9 | Carrier Airconditioning & Refrig Ltd | Carrier Corporation | 102618689 | 0 | 2021-03-31 |
197 | 9 | Carrier Airconditioning & Refrig Ltd | Public Shareholding | 3758056 | 0 | 2021-03-31 |
218 | 9 | Carrier Airconditioning & Refrig Ltd | Public Shareholding | 3758056 | 0 | 2021-03-31 |
id | company_master_id | company | shareholder | sharesNo | shareHolding | dateOfUpdate |
Revenue Segment
Share Holding
Revenue & Margins
% Margins
Company Financials
Profit and Loss Account (₹ in Crores) | 2019 | 2020 | 2021 |
---|---|---|---|
Revenue from Operations | 1476.81 | 1524.44 | 1218.13 |
Other Income | 34.57 | 25.01 | 22.78 |
Total Income | 1511.38 | 1549.45 | 1240.91 |
Cost of Operations | 914.78 | 896.51 | 716.26 |
EBITDA | 117.83 | 114.88 | 63.79 |
EBITDA % | 7.8 | 7.41 | 5.14 |
EBIT | 109.8 | 96.84 | 43.94 |
EBIT % | 7.26 | 6.25 | 43.94 |
PBT | 108.23 | 80.65 | 33.4 |
PBT % | 7.16 | 5.21 | 2.69 |
TAX | 40.2 | 33.2 | 16.72 |
NPAT | 68.03 | 47.45 | 16.68 |
NPAT % | 4.5 | 3.06 | 1.34 |
EPS (Basic) in ₹ | 6.4 | 4.46 | 1.57 |
EPS (Diluted) in ₹ | 6.4 | 4.46 | 1.57 |
Dividend Per Share (in ₹) | 27.2 | 0 | 0.5 |
Sources of funds
Application of funds
Balance Sheet (₹ in Crores) | 2019 | 2020 | 2021 |
---|---|---|---|
Share Capital | 106.38 | 106.38 | 106.38 |
Reserves | 414.24 | 111.75 | 130.71 |
Networth | 520.62 | 218.13 | 237.09 |
Long Term Borrowings | 0 | 3.35 | 0 |
Short Term Borrowings | 0 | 153.48 | 0 |
Current Liabilities | 447.4 | 581.64 | 476.75 |
Non-Current Assets | 174.43 | 175.32 | 170.35 |
Current Assets | 853.6 | 693.97 | 607.16 |
Total Assets | 1028.03 | 869.29 | 777.51 |
Cash Bank Balance | 167.32 | 48.9 | 13.47 |
Trade Receivables | 310.39 | 280.73 | 274.14 |
Trade Payables | 345.45 | 317.58 | 372.52 |
Inventory | 262.19 | 292.94 | 251.3 |
Cash Flow Statement (₹ in Crores) | 2019 | 2020 | 2021 |
---|---|---|---|
Cash flow from operating Activities | 90.83 | 58.11 | 135.16 |
Cash flow from Investing Activities | -16.12 | 27.78 | -113.7 |
Cash flow from Financing Activities | -54.25 | -204.18 | -159.2 |
Net Cash-Flow | 20.46 | -118.29 | -137.74 |
KEL %
SHEELA %
Price Multiples as on 2021-05-08 | |
---|---|
Face Value Per Share (in ₹) | 10 |
Price Per Share (in ₹) | 390 |
P/E | 248.41 |
P/B | 69.99 |
Dividend Yield | 0.13 % |
Price / Sales | 13.62 |
Market Cap (₹ in Crores) | 16595 |
id | company_master_id | In The News | Date |
---|---|---|---|
48 | 9 | Carrier agrees acquisition of Chinese AC manufacturer | 2021-04-19 |
49 | 9 | Carrier Midea India names Sanjay Mahajan as Managing Director | 2020-06-29 |
50 | 9 | Carrier looks to tap opportunities in India market | 2018-10-16 |
In the News |
---|
Company News Headline - Month DD,YYYY |
Company News Headline - Month DD,YYYY |
Company News Headline - Month DD,YYYY |