₹565
Carrier Airconditioning & Refrigeration Limited Unlisted Shares
Carrier boasts a longstanding legacy in India that traces its roots back to 1936, marking the installation of the nation’s inaugural air-conditioning system at the illustrious Rambagh Palace in Jaipur. A milestone was achieved in 1986 when Carrier India was officially established, followed by the launch of its premier manufacturing unit in Gurgaon, Haryana in 1988.
Fundamentals
Financial (In Cr)
| P&L Statement | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Revenue | 1218 | 1612 | 2197 | 2131 |
| Cost of Material Consumed | 666 | 1087 | 1502 | 1363 |
| Gross Margins | 45.32 | 32.57 | 31.63 | 36.04 |
| Change in Inventory | 50 | -66 | -28 | -45 |
| Employee Benefit Expenses | 152 | 166 | 169 | 177 |
| Other Expenses | 309 | 362 | 413 | 461 |
| EBITDA | 41 | 63 | 141 | 175 |
| OPM | 3.37 | 3.91 | 6.42 | 8.21 |
| Other Income | 23 | 20 | 24 | 47 |
| Finance Cost | 10 | 3 | 2 | 2 |
| D&A | 20 | 23 | 21 | 25 |
| EBIT | 21 | 40 | 120 | 150 |
| EBIT Margins | 1.72 | 2.48 | 5.46 | 7.04 |
| PBT | 33 | 57 | 142 | 195 |
| PBT Margins | 2.71 | 3.54 | 6.46 | 9.15 |
| Tax (2021) | 16 | 15 | 32 | 44 |
| PAT | 17 | 42 | 110 | 151 |
| NPM | 1.4 | 2.61 | 5.01 | 7.09 |
| EPS | 1.6 | 3.95 | 10.38 | 14.21 |
| Financial Ratios | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Operating Profit Margin | 3.37 | 3.91 | 6.42 | 8.21 |
| Net Profit Margin | 4 | 2.61 | 5.01 | 7.09 |
| Earning Per Share (Diluted) | 1.6 | 3.95 | 10.38 | 14.21 |
Shareholding Pattern
| Shareholding Pattern | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Carrier Corporation, Delaware | 0.965 | 0.965 | 0.965 | 0.965 |
| Others | 0.035 | 0.035 | 0.035 | 0.035 |
Promoters
| Promoters | Designation | Experience | Linkedin Profile |
|---|---|---|---|
| Arun Bhatia | MD | 22 Yrs | in |
Our blog provides insightful information about unlisted shares, offering a deeper understanding of how these assets work, their potential benefits, and the risks involved. Whether you're new to unlisted shares or looking to expand your knowledge, we cover topics such as investment strategies, valuation methods, market trends, and regulatory aspects. Stay updated with expert tips and guides to navigate the unlisted share market effectively.
Contact Us
