Last Traded Price : ₹490
About
Carrier Air Conditioning and Refrigeration Limited, incorporated on February 6, 1986, is a subsidiary of Carrier Global Corporation (USA) and a leading provider of high-technology heating, ventilation, air conditioning (HVAC), and refrigeration solutions in India. Headquartered in Gurgaon, Haryana, the company offers a comprehensive range of energy-efficient air conditioning systems, chillers, cold chain solutions, and building automation systems for residential, commercial, and industrial applications. Backed by a strong manufacturing base and an extensive sales and service network, Carrier caters to diverse sectors including real estate, healthcare, retail, and infrastructure. Its commitment to innovation, sustainability, and green building technologies positions it as a key player in Indias transition toward energy-efficient and environmentally responsible climate solutions.
Read moreFundamental
Company Name :
Carrier Air-Conditioning and Refrigeration Ltd
Carrier Air-Conditioning and Refrigeration Ltd
Scrip Name :
Carrier Airconditioning
Carrier Airconditioning
ISIN No. :
INE040I01011
INE040I01011
No. of Outstanding Shares :
106,376,745
106,376,745
PAN No. :
AAACC8414B
AAACC8414B
Face Value :
₹10.00
₹10.00
EPS :
₹42.55
₹42.55
PE ratio :
11.52
11.52
P/S Ratio :
2.05
2.05
Market Capitalization :
₹5,212.46 Crore
₹5,212.46 Crore
Book value :
₹54.46
₹54.46
P/BV :
9.00
9.00
52 Week High :
₹ 585.00 (27/01/25)
₹ 585.00 (27/01/25)
52 Week Low :
₹ 450.00 (21/03/25)
₹ 450.00 (21/03/25)
Lifetime High :
₹ 585.00 (27/01/25)
₹ 585.00 (27/01/25)
Lifetime Low :
₹ 125.00 (04/08/19)
₹ 125.00 (04/08/19)
DRHP Filed ?
No
No
Available on :
NSDL and CDSL
NSDL and CDSL
ROFR Require :
No
No
Sector :
Airconditioning
Airconditioning
CIN :
U74999HR1992FLC036104
U74999HR1992FLC036104
Registration Date :
06/07/1992
06/07/1992
Balance Sheet (RS in Lakhs)
| Particulars | 2025 | 2024 |
|---|---|---|
| Non-current assets | ||
| Property, plant and equipment | 7,131 | 7,195 |
| Right-of-use assets | 2,092 | 1,963 |
| Capital work-in-progress | 3,298 | 512 |
| Intangible assets | 777 | 1,216 |
| Investments | 1 | 1 |
| Loans | 545 | 256 |
| Others | 249 | 290 |
| Income tax assets (net) | 1,076 | 1,578 |
| Deferred tax assets (net) | 5,839 | 6,004 |
| Other non-current assets | 3,278 | 2,176 |
| Current assets | ||
| Inventories | 42,212 | 37,879 |
| Investments in subsidiary (held for sale) | - | 837 |
| Trade receivables | 38,276 | 33,192 |
| Cash and cash equivalents | 48,052 | 42,826 |
| Loans | 115 | 288 |
| Others | 5,023 | 3,386 |
| Other current assets | 6,826 | 4,966 |
| Assets of a disposal group classified as held for sale | - | 4,603 |
| TOTAL ASSETS | 1,64,790 | 1,48,331 |
| Equity | ||
| Equity share capital | 10,638 | 10,638 |
| Other equity | 47,295 | 40,273 |
| Non-current liabilities | ||
| Lease liabilities | 1,391 | 1,338 |
| Provisions | 7,191 | 6,896 |
| Other non-current liabilities | 560 | 334 |
| Current liabilities | ||
| Lease liabilities | 855 | 748 |
| Total outstanding dues of micro and small enterprises | 1,871 | 1,539 |
| Total outstanding of creditors other than micro and small enterprises | 76,923 | 67,165 |
| Other current financial liabilities | 2,556 | 1,534 |
| Other current liabilities | 12,313 | 10,467 |
| Provisions | 3,197 | 2,780 |
| Liabilities of a disposal group classified as held for sale | - | 4,619 |
| Total EQUITY AND LIABILITIES | 1,64,790 | 1,48,331 |
Profit & Loss Statement (RS in Lakhs)
| Particulars | 2025 | 2024 |
|---|---|---|
| Income | ||
| Revenue from operations | 249612 | 213114 |
| Other income | 4741 | 2858 |
| Total income | 254353 | 215972 |
| Expenses | ||
| Cost of materials consumed | 64573 | 43525 |
| Purchase of traded goods (including spares) | 88789 | 92815 |
| Changes in inventories of finished goods, stock-in-trade and work-in-progress | -2312 | -4489 |
| Employee benefits expense | 18723 | 17737 |
| Finance costs | 229 | 211 |
| Depreciation and amortization expense | 2783 | 2474 |
| Other expenses | 54044 | 46154 |
| Total expenses | 226829 | 198427 |
| Profit before tax from continuing operations | -222088 | 17545 |
| Current tax | 6985 | 5263 |
| Deferred tax | 147 | -896 |
| Tax related to earlier years | 146 | |
| Profit for the year from continuing operations | 20246 | 13178 |
| Profit before tax from discontinued operations | 1323 | 2504 |
| Profit from sale of discontinued businesses | 28303 | |
| Tax expense/(credit) from discontinuing operations | 4613 | 630 |
| Profit for the year from discontinuing operations | 25013 | 1874 |
| Profit for the year | 45259 | 15052 |
| Other comprehensive income/(loss) - Items that will not be reclassified to profit or loss | 70 | -456 |
| Income tax related to items that will not be reclassified to profit or loss | -18 | 115 |
| Total comprehensive income for the year | 45311 | 14711 |
| Earnings per share - Basic (Rs.) | 42.55 | 14.15 |
| Earnings per share - Diluted (Rs.) | 42.55 | 14.15 |
Cash Flow Statement (RS in Lakhs)
| Particulars | 2025 | 2024 |
|---|---|---|
| Cash Flow From Operating Activities | ||
| Profit before tax from continuing operations | 27,524 | 17,545 |
| Profit before tax from discontinuing operations | 1,323 | 2,504 |
| Adjustments | ||
| Depreciation and amortization expense | 2,798 | 2,492 |
| Share based payments | 7 | 5 |
| Loss/ (Profit) on sale of Property, plant and equipment (net) | -17 | -21 |
| Interest on lease liabilities | 180 | 185 |
| Interest income on fixed deposits | -2,653 | -1,622 |
| Provision for inventory obsolescence | 530 | 525 |
| Allowance for doubtful debts and advances | 1,030 | 150 |
| MTM loss/ (gain) on forward contracts | 137 | 10 |
| Unrealised (gain)/ loss on foreign exchange fluctuations | 200 | 28 |
| Liabilities no longer required written back | -1,348 | -748 |
| Operating Profit Before Working Capital Changes | 29,711 | 21053 |
| Decrease/(increase) in other current and non current assets | -3,208 | -125 |
| Decrease/(increase) in current and non current loans | -272 | 5 |
| Decrease/(increase) in inventories | -6,199 | -5,227 |
| Decrease/(increase) in current and non current financial assets - other | -1,324 | -186 |
| Decrease/(increase) in current financial assets - trade receivables | -6,481 | -3,620 |
| Increase/(decrease) in current financial liabilities - trade payables | 11,650 | 19,830 |
| Increase/(decrease) in current and non current financial liabilities - others | 574 | 42 |
| Increase/(decrease) in other current and non current liabilities | 3,555 | 533 |
| Increase/(decrease) in current and non-current provisions | 417 | 1,345 |
| Cash Generated From/(Used In) Operations | 28,423 | 33,650 |
| Income tax paid | -11,277 | -6,338 |
| Net cash from Operating Activities | 17,146 | 27,312 |
| Cash flows from investing activities | ||
| Purchase of property, plant and equipment | -4,780 | -1,755 |
| Purchase of property, plant and equipment from fellow subsidiary* | 0 | -1,837 |
| Proceeds from sale of property, plant and equipment / intangible assets | 23 | 24 |
| Interest received on deposits | 2,578 | 1,401 |
| Interest received on income tax refund | 14 | 0 |
| Proceeds from sale of discontinued businesses | 31,769 | 0 |
| Investment in subsidiary | -1,200 | -837 |
| Net cash from Investing Activities | 28,404 | -3,004 |
| Cash flows from financing activities | ||
| Payment of lease liabilities | -1,131 | -1,090 |
| Dividend paid | -38,337 | -1,071 |
| Net cash from Financing Activities | -39,468 | -2,161 |
| Net change in cash position | 6,082 | 22,984 |
| Cash and cash equivalents at the beginning of the year | 41,989 | 19,835 |
| Re-instatement gain/(loss) on balance in EEFC account | -19 | 7 |
| Cash & cash equivalents at year end | 48052 | 42826 |
Financial Ratios
| Particulars | 2025 | 2024 |
|---|---|---|
| Current Ratio | 1.44 | 1.43 |
| Return on Equity Ratio | 79% | 30% |
| Inventory Turnover Ratio | 3.49 | 3.52 |
| Trade Receivables Turnover Ratio | 6.66 | 6.38 |
| Trade Payables Turnover Ratio | 2.14 | 2.42 |
| Net Capital Turnover Ratio | 6.48 | 7.21 |
| Net Profit Ratio | 17% | 6% |
| Return on Capital Employed | 43% | 31% |
How Its Work
Our team will contact you via Email or Phone
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Secure Transaction Process
After deal confirmation and KYC, the seller transfers shares to our Demat account, while the buyer safely sends payment to our bank account.
Deal Completion
The final stage of the transaction where legal documents are signed, payments are settled, and ownership is officially transferred.