Carrier Airconditioning and Refrigeration Ltd.
-16.15 % 1 MAbout Carrier Airconditioning and Refrigeration Ltd.
A Comprehensive Overview of Price & Journey
Understanding Carrier Airconditioning and Refrigeration Ltd. Inception and Growth
Overview
Carrier Airconditioning & Refrigeration Limited (CARL) manufactures air conditioners and refrigeration equipment for both residential and commercial applications. It was established in 1992, and its headquarters are in Gurugram, Haryana, India.
Products & Services
CARL offers a diverse range of products and services recognized for their reliability, advanced technology, and cost-effectiveness, catering to domestic and international markets. It offers:
- Duct Air Conditioners
- Variable Refrigerant Flow (VRF) Systems
- Air Purifiers
- Industrial Air Conditioning Devices
- Home and Kitchen Appliances
Board of Directors
The company's leadership comprises experienced professionals:
- Mr. Narendra Sisodia - Director
- Mr. Rahul Jain - Director
- Mr. Har Dhillon - Director
- Mr. Pritesh Agrawal—Chief Financial Officer (CFO)
- Ms. Ekta - Company Secretary
IPO Details
Carrier Airconditioning & Refrigeration Limited is not a publicly listed company; therefore, there have been no announcements regarding an Initial Public Offering (IPO). However, investors interested in the Carrier Airconditioning & Refrigeration Limited unlisted share price should be aware that it is currently an unlisted company, which means there is no active trading of its shares on the stock market. As a result, Carrier Airconditioning & Refrigeration Limited unlisted share price is not publicly available, and any trading would likely take place through private transactions.
For those tracking the industry, the Carrier Airconditioning & Refrigeration Limited unlisted share price is not applicable in the public market at this time due to its unlisted status.
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Overview
Carrier Airconditioning & Refrigeration Limited (CARL) manufactures air conditioners and refrigeration equipment for both residential and commercial applications. It was established in 1992, and its headquarters are in Gurugram, Haryana, India.
Products & Services
CARL offers a diverse range of products and services recognized for their reliability, advanced technology, and cost-effectiveness, catering to domestic and international markets. It offers:
- Duct Air Conditioners
- Variable Refrigerant Flow (VRF) Systems
- Air Purifiers
- Industrial Air Conditioning Devices
- Home and Kitchen Appliances
Board of Directors
The company's leadership comprises experienced professionals:
- Mr. Narendra Sisodia - Director
- Mr. Rahul Jain - Director
- Mr. Har Dhillon - Director
- Mr. Pritesh Agrawal—Chief Financial Officer (CFO)
- Ms. Ekta - Company Secretary
IPO Details
Carrier Airconditioning & Refrigeration Limited is not a publicly listed company; therefore, there have been no announcements regarding an Initial Public Offering (IPO). However, investors interested in the Carrier Airconditioning & Refrigeration Limited unlisted share price should be aware that it is currently an unlisted company, which means there is no active trading of its shares on the stock market. As a result, Carrier Airconditioning & Refrigeration Limited unlisted share price is not publicly available, and any trading would likely take place through private transactions.
For those tracking the industry, the Carrier Airconditioning & Refrigeration Limited unlisted share price is not applicable in the public market at this time due to its unlisted status.
About Carrier Airconditioning and Refrigeration Ltd.
IPO Details, Price movement
Performance Highlights 2023-2024
- Revenue from Operations Increased from ₹2013 crore in FY2022-23 to ₹2131 crore in FY2023-24.
- Profit Before Tax increased from ₹124 crore in FY2022-23 to ₹175 crore in FY2023-24.
- Net Profit (PAT) increased from ₹110 crore in FY2022- 23 to ₹150 crore in FY2023-24.
- Cash flow from Operating Activities was INR 161 crore in FY23 and became INR 273 crore in FY24.
- Net Cash Used in Investing Activities was INR 8.1 crore in FY23, whereas it became INR 21.7 crore in FY24.
- Net cash used in Financing Activities was INR 20 crore in FY23, whereas it became INR 21.6 crore in FY24.
Fundamentals
Market Cap (in cr.)
₹ 57975326570
P/E Ratio
0.26
P/B Ratio
11.16
Debt to Equity
0.00
ROE (%)
405.31
Book Value
48.82
Face Value
10.00
Total Shares
106376746
Category
Unlisted Shares
Unlisted CMP
₹ 0 /
Share
Lot Size
0 Shares
52 Week High
₹0.00
52 Week Low
₹0.00
Depository
NSDL & CDSL
PAN Number
AAACC8414B
ISIN Number
INE040I01011
CIN
U74999HR1992FLC036104
Sector
Utilities
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 1612.07 | 2012.74 | 2031.14 |
| Other Income | 20.12 | 22.65 | 28.58 |
| COGS | 261.35 | 356.15 | 435.25 |
| Gross Profit | 1370.84 | 1679.24 | 1724.47 |
| Total Expense | 1287.66 | 1532.16 | 1522.17 |
| EBIDTA | 83.18 | 147.08 | 202.30 |
| D&A | 23.47 | 20.96 | 24.74 |
| EBIT | 59.71 | 126.12 | 177.56 |
| Interest Expense | 2.72 | 1.99 | 2.11 |
| PBT | 56.99 | 124.13 | 175.45 |
| TAX | 14.88 | 27.44 | 43.67 |
| PAT | 42.11 | 96.69 | 131.78 |
| Diluted EPS | 3.96 | 10.33 | 14.15 |
| Basic EPS | 3.96 | 10.33 | 14.15 |
| Total income | 1,632.19 | 2,035.39 | 2,059.72 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 64.88 | 198.35 | 428.26 |
| Trade Payables | 257.28 | 323.91 | 331.92 |
| Inventory | 336.81 | 343.64 | 378.79 |
| Other Current Assets | 81.59 | 87.13 | 86.40 |
| Total Current Assets | 740.56 | 953.03 | 1,225.37 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 67.66 | 64.99 | 71.95 |
| Long Term Investment | 0.01 | 0.01 | 0.01 |
| Other Non Current Assets | 104.29 | 118.97 | 139.95 |
| Total Non Current Assets | 171.96 | 183.97 | 211.91 |
| Total Assets | 912.52 | 1,137.00 | 1,437.28 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 431.49 | 529.52 | 687.04 |
| Other Current Liab | 134.08 | 155.06 | 155.29 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Other Non Current Liab | 74.67 | 79.83 | 85.68 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 106.38 | 106.38 | 106.38 |
| Other Equity | 165.90 | 266.21 | 402.73 |
| Total Equity | 272.28 | 372.59 | 509.11 |
| Total Liabilities & Equity | 272.28 | 372.59 | 509.11 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 76.07 | 161.53 | 273.12 |
| Cash Flow from financing | - | -15.58 | -20.04 | -21.61 |
| Cash Flow from investing | - | -9.02 | -8.13 | -21.67 |
| Net cash flow | 0.00 | 51.47 | 133.36 | 229.84 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Frequently Asked Questions
3. What is the lock-in period of Carrier Airconditioning and Refrigeration Ltd/Pre-IPO shares after the shares gets listed?
- The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.
4. What is the average ticket size for investing in unlisted shares?
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
5. How to check credit of Carrier Airconditioning and Refrigeration Ltd/Pre-IPO shares?
- 1. You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
- 2. Credit of Unlisted Shares/Pre-IPO shares can be checked in brokers application as well but it takes T+2 days to show the shares.
6. How is valuation of Carrier Airconditioning and Refrigeration Ltd/Pre-IPO shares is decided?
- The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
- When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.
9. Difference Between Unlisted Company & Listed Company?
- A Public Unlisted Shares Is Not Listed on Stock Exchange, Where as a Listed Public Company Is Listed On Stock Exchange Such As BSE Or NSE For Trading Of Shares.
10. Short-term Capital Gain taxes to be paid on Unlisted Shares/Pre-IPO shares?
- If you sell your shares within 2 years, then you will have to pay Short-term Capital gain on unlisted shares. Short-Term Capital Gain is added in your Income. So, as per individual tax slab you need to pay capital gain tax.
11. Long-term Capital Gain taxes to be paid on Unlisted Shares/Pre-IPO shares?
- If you sell your shares after 2 years, then you will have to pay Long-term Capital gain on unlisted shares LTCG is 12.5% without indexation benefits.
12 Applicability of Taxes on Unlisted Shares/Pre-IPO shares once it is listed?
- After listing of shares, the unlisted shares which you have bought through unlisted market, will be taxed at listed rates, if sold through exchange. So, taxes of listed market will be applicable. And, to calculate holding time, for determining LTCG or STCG, the purchase date of unlisted shares will be applicable.
13. IS PRE IPO market same as grey market?
- Absoluetly NOT! Grey market is all about speculation relation to open price, subscription rate etc. And does not include physical delivery of shares. Whereas in pre ipo market you get to invest in shares much before the ipo too and it involves physical delivery of shares. It is compeletly legal and does not include any such speculation.
14. Who sells private shares?
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
15. Investing in Carrier Airconditioning and Refrigeration Ltd legal in India?
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.