Frick India Limited
-8.46 % 1 MAbout Frick India Limited
A Comprehensive Overview of Price & Journey
Understanding Frick India Limited Inception and Growth
Overview
Frick India, an ISO-certified company formed in 1962, is a global leader in manufacturing and a turnkey solutions provider for all industrial refrigeration applications. Their biggest strength lies in its state-of-the-art manufacturing unit located in Delhi-NCR, backed by in-house R&D, machining, quality assurance, and automation facilities that ensure energy-efficient and reliable refrigeration systems in India and 50 other countries across the world.
They have high-quality products, innovative designs, and modern manufacturing methods that provide unmatched quality and reliable solutions in varied sectors, like Dairy, Seafood, Meat, Food Processing, Chemicals, Beverages, and many more. The company's performance can be checked through observing the Frick India Ltd share price. For those interested in investing, the Frick India share price today might offer some insight into short-term movements, while the Frick India share price target can provide expectations for future growth.
Products
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Compressors
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Condensers
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Frigid Coils
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Liquid Recirculation Ammonia Pumps
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Heat Exchangers & Pressure Vessels
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Packaged Chillers
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Packaged A/C
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Plate and Blast Freezers
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Air handling and circulation units
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Ice Making Equipment
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PUF Panels: Insulated panels for temperature control.
Board of Directors
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Mr. Jasmohan Singh, Managing Director
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Ms. Gurleen Kaur, Non-Executive Directors
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Ms. Jasleen Kaur Queenie Singh, Non-Executive Directors
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Mr. Ramesh Chandra Jain, Independent Directors
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Dr. Govindarajula Bhaskara Rao, Independent Directors
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CA. Divaker Jagga, Independent Directors
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Mr. Harbhajan Singh, Independent Directors
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Mr. Vidyanidhi Dalmia, Independent Directors
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Mr. Suresh Chandra, Independent Directors
IPO Details
As of now, Frick India Limited has not provided any information regarding the IPO plans. Nevertheless, you can monitor the Frick India Ltd share price to keep an eye on any indication of upcoming market events.
Dividend Details
The Board of Directors recommended a dividend @ 40% p.a., i.e., Rs. 4 Per Share for the year ended 31st March 2024 on the 5,99,975 Equity Shares of face value of Rs. 10/- each.
Bonus Issue
Frick India Declared 9 Bonus Equity Shares for Every 1 Equity Shares. This could impact the Frick India Ltd unlisted shares as well, so it’s worth keeping an eye on both the listed and unlisted share price movements.
Subsidiaries
During the year under review, no Company has become or ceased to be a subsidiary, joint venture, or associate of the Company.
Registered Office
The Registered office of Frick India Limited is in Faridabad, Haryana, India.
Key Highlights
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Frick India boasts over 50 years of experience in delivering energy-efficient and reliable refrigeration and air-conditioning solutions in India and 50+ countries.
-
The manufacturing facilities are located in Faridabad, Haryana, and are spread over a 22-acre multi-block complex.
-
The Company collaborates with technology partners from the UK, Japan, the USA, and Europe to deliver cutting-edge solutions.
-
It provides energy management systems for industrial refrigeration applications through the Frick Energy Management System (FEMS).
-
Frick India is listed on the Metropolitan Stock Exchange of India Ltd (MSEI).
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Overview
Frick India, an ISO-certified company formed in 1962, is a global leader in manufacturing and a turnkey solutions provider for all industrial refrigeration applications. Their biggest strength lies in its state-of-the-art manufacturing unit located in Delhi-NCR, backed by in-house R&D, machining, quality assurance, and automation facilities that ensure energy-efficient and reliable refrigeration systems in India and 50 other countries across the world.
They have high-quality products, innovative designs, and modern manufacturing methods that provide unmatched quality and reliable solutions in varied sectors, like Dairy, Seafood, Meat, Food Processing, Chemicals, Beverages, and many more. The company's performance can be checked through observing the Frick India Ltd share price. For those interested in investing, the Frick India share price today might offer some insight into short-term movements, while the Frick India share price target can provide expectations for future growth.
Products
-
Compressors
-
Condensers
-
Frigid Coils
-
Liquid Recirculation Ammonia Pumps
-
Heat Exchangers & Pressure Vessels
-
Packaged Chillers
-
Packaged A/C
-
Plate and Blast Freezers
-
Air handling and circulation units
-
Ice Making Equipment
-
PUF Panels: Insulated panels for temperature control.
Board of Directors
-
Mr. Jasmohan Singh, Managing Director
-
Ms. Gurleen Kaur, Non-Executive Directors
-
Ms. Jasleen Kaur Queenie Singh, Non-Executive Directors
-
Mr. Ramesh Chandra Jain, Independent Directors
-
Dr. Govindarajula Bhaskara Rao, Independent Directors
-
CA. Divaker Jagga, Independent Directors
-
Mr. Harbhajan Singh, Independent Directors
-
Mr. Vidyanidhi Dalmia, Independent Directors
-
Mr. Suresh Chandra, Independent Directors
IPO Details
As of now, Frick India Limited has not provided any information regarding the IPO plans. Nevertheless, you can monitor the Frick India Ltd share price to keep an eye on any indication of upcoming market events.
Dividend Details
The Board of Directors recommended a dividend @ 40% p.a., i.e., Rs. 4 Per Share for the year ended 31st March 2024 on the 5,99,975 Equity Shares of face value of Rs. 10/- each.
Bonus Issue
Frick India Declared 9 Bonus Equity Shares for Every 1 Equity Shares. This could impact the Frick India Ltd unlisted shares as well, so it’s worth keeping an eye on both the listed and unlisted share price movements.
Subsidiaries
During the year under review, no Company has become or ceased to be a subsidiary, joint venture, or associate of the Company.
Registered Office
The Registered office of Frick India Limited is in Faridabad, Haryana, India.
Key Highlights
-
Frick India boasts over 50 years of experience in delivering energy-efficient and reliable refrigeration and air-conditioning solutions in India and 50+ countries.
-
The manufacturing facilities are located in Faridabad, Haryana, and are spread over a 22-acre multi-block complex.
-
The Company collaborates with technology partners from the UK, Japan, the USA, and Europe to deliver cutting-edge solutions.
-
It provides energy management systems for industrial refrigeration applications through the Frick Energy Management System (FEMS).
-
Frick India is listed on the Metropolitan Stock Exchange of India Ltd (MSEI).
About Frick India Limited
IPO Details, Price movement
Performance Highlights FY 24
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The Company’s revenue from operations increased to Rs 487 Crores in FY24 from Rs. 363 Crores in FY23.
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The Total Expense (excluding finance cost and depreciation cost) increased from Rs 70.9 Crores in FY23 to Rs 108.6 Crores in FY24.
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The Profit Before tax was Rs 38.6 Crores in FY23 and reached to Rs 52.9 Crores in FY24.
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The Profit After tax was Rs 28.5 Crores in FY23 and reached Rs 42.3 Crores in FY24.
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The company received a cash flow of Rs. 1.41 Crores on Operating Activities.
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The company received a cash flow of Rs. 0.58 Crores on Investing activity
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The company received a cash inflow of Rs 0.83 crores from Financing activities.
Fundamentals
Financials
All values are INR Cr except per share value
| P&L Statement | 2022 | 2023 | 2024 |
|---|---|---|---|
| Revenue | 280.47 | 362.83 | 481.29 |
| Other Income | 7.25 | 644.00 | 12.40 |
| COGS | 204.44 | 255.63 | 326.54 |
| Gross Profit | 83.27 | 113.64 | 167.14 |
| Total Expense | 57.24 | 70.94 | 108.57 |
| EBIDTA | 26.03 | 42.70 | 58.57 |
| D&A | 2.17 | 2.15 | 2.38 |
| EBIT | 23.86 | 40.55 | 56.19 |
| Interest Expense | 1.96 | 1.99 | 3.26 |
| PBT | 21.90 | 38.56 | 52.93 |
| TAX | 5.54 | 10.04 | 10.60 |
| PAT | 16.36 | 28.52 | 42.32 |
| Diluted EPS | 272.73 | 475.40 | 705.42 |
| Basic EPS | 272.73 | 475.40 | 705.42 |
| Total income | 287.72 | 1,006.83 | 493.69 |
ASSETS
| CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Cash and Cash Equivalents | 18.73 | 1.31 | 4.16 |
| Trade Payables | 75.95 | 85.74 | 113.35 |
| Inventory | 61.30 | 89.95 | 87.94 |
| Other Current Assets | 49.19 | 116.54 | 115.15 |
| Total Current Assets | 205.17 | 293.54 | 320.60 |
| NON CURRENT ASSETS | 2022 | 2023 | 2024 |
|---|---|---|---|
| Plant Property and Equipment | 9.83 | 9.89 | 11.37 |
| Long Term Investment | 24.41 | 30.74 | 42.31 |
| Other Non Current Assets | 44.36 | 13.37 | 14.46 |
| Total Non Current Assets | 78.60 | 54.00 | 68.14 |
| Total Assets | 283.77 | 347.54 | 388.74 |
|---|
| CURRENT LIABILITES | 2022 | 2023 | 2024 |
|---|---|---|---|
| TRADW Payable | 15.36 | 20.78 | 24.43 |
| Other Current Liab | 59.78 | 89.20 | 83.64 |
| NON CURRENTLIABILITIES | 2022 | 2023 | 2024 |
|---|---|---|---|
| Long Term Debt | 0.07 | 0.11 | 0.58 |
| Other Non Current Liab | 4.92 | 5.71 | 6.36 |
LIABILITIES
| EQUITY | 2022 | 2023 | 2024 |
|---|---|---|---|
| Share Capital | 0.60 | 0.60 | 0.60 |
| Other Equity | 203.04 | 231.05 | 273.11 |
| Total Equity | 203.64 | 231.65 | 273.71 |
| Total Liabilities & Equity | 203.64 | 231.65 | 273.71 |
|---|
| CASH FLOW STAT | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Cash Flow from operating | - | 3.23 | 17.73 | 1.42 |
| Cash Flow from financing | - | -1.92 | -0.02 | 0.84 |
| Cash Flow from investing | - | -0.99 | -35.12 | 0.58 |
| Net cash flow | 0.00 | 0.32 | -17.41 | 2.84 |
Revenue Growth
PAT Growth %
EPS Growth %
TOTAL ASSETS Growth %
QUICK RATIO Growth %
LONG TERM DEBT TO EQUITY RATIO Growth %
Frequently Asked Questions
- 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.
- With BharatInvest, you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- Existing stakeholders, promoters or employees who have equity shares of an unlisted company and early investors who wish to get value of their investment.
- Yes, investing in unlisted shares is undoubtedly legal in India. The trading takes place in the over-the-counter market.