Carrier Airconditioning & Refrigeration Limited Unlisted Shares

Buy Carrier Aircon Unlisted Shares

 About Company:

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 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 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 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.

State of Affairs & Outlook of the Company:

The financial year 2021 was very challenging because of the first wave of the COVID 19 pandemic and the consequent national lockdown. The first quarter, which is the peak period of Airconditioning industry,
was totally washed out due to lockdown and the volumes were significantly impacted.
 
The challenges in relation to market demand and foreign exchange deterioration continued post market opening. Carrier Aircon implemented cost rationalization measures which assisted in covering some of the income loss due to lower volumes. Carrier Aircon also continued to invest in new products and on digital tools.

During the financial year ended March 31, 2021, Carrier Aircon has total net revenue from operations is Rs. 121,813 Lakh as against Rs. 152,444 Lakh in the previous financial year. Profit before tax for the financial year 2021 was Rs. 3,340 Lakh as against Rs. 8,065 Lakh in the previous financial year. Total comprehensive income is Rs. 1,812 Lakh against Rs. 4,594 Lakh in the previous financial year.

Carrier Aircon continued to strengthen the balance sheet. During the year, Carrier Aircon generated operating cash of Rs. 13,516 Lakh as against Rs. 5,811 Lakh in the previous financial year. With the strong cash generation, Carrier Aircon repaid the borrowings in full.

Business Update of Carrier Aircon (Main Business Segments):

Light Commercial Airconditioning: Due to COVID 19 pandemic and the consequent national lockdown, a new normal to work from home was adopted and many of the ongoing projects came to a standstill
for some time. However, there were expansions in segments like Hospitals, temporary care centers and Pharma industry. The requirement for special designs in Airconditioning systems became a need. Carrier Aircon equipped with design knowledge on special requirement of filtration and an innovative range of products in VRF and Light Commercial was able to meet the customer expectations with quick installation and deliveries. Some of the products were introduced with special controllers displaying the concentration of pollutants in the zone.

Service: To grow business, Carrier Aircon continued to focus upon conversions, capture, recapture and retrofits /upgrade of chillers along with annual service agreements. Carrier Aircon also focused on getting contracts for entire plant room equipment’s. This business also digitized service operations in FY 2021 by launching digital tools i.e. Salesforce, Service Max and Preventive maintenance module.  Carrier Aircon also launched Dealer Technician Certification program to enhance the skill building of company’s dealers.

TOTALINE: Carrier Aircon focused on business with original equipment manufacturer and started business through e- commerce platform of Amazon for better market reach and visibility.

Commercial Refrigeration: This business was also hit badly by Covid in the beginning of the year. Due to Carrier Aircon’s strong presence in all three critical segments for the business – Food Retail, Pharma and e- commerce, Carrier Aircon’s sales started to grow steadily.

Transicold: This business continues to lead the way in the truck refrigeration industry. Carrier Aircon continued to be the preferred suppliers of truck refrigeration systems due a large and reliable sales and service network which has now grown to more than 65 service centers pan India.

AdvanTE3C: AdvanTEC solution, part of aftermarket, strived on the retrofit of HVAC plant rooms through modernization and energy efficiency solution approach of Carrier Aircon. Service modernization team spread their wings on providing healthy building solutions also to customers.
Source- Annual Report FY 2020-21


Products:

carrier aircon unlisted shares


carrier aircon unlisted shares
Source – Company Website

 Carrier Aircon Unlisted Shares Details

NameCarrier Airconditioning & Refrigeration Ltd Unlisted Shares
Face ValueRs.10
ISIN CodeINE040I01011
PANAAACC8414B

 Carrier Aircon Financials

Financial in Lakhs unless specifically mentioned
Particulars2018-192019-202020-21
Total Income1,51,1381,54,4441,24,091
Total Expenses1,40,3151,46,8801,20,751
Profit before tax10,8238,0653,340
Profit after tax6,8034,7451,668
EPS (In INR)6.404.461.57

 Carrier Aircon Unlisted Share Price

*Rates mentioned in the chart are indicative.

 Carrier Aircon Unlisted Shares Valuation (Market Capitalisation)

Total Number of Outstanding Shares: 106,376,745 (As per Annual Report FY 2020-21)

Market Cap Scenarios:

At 250 Rs/Share, Carrier Aircon Unlisted Shares values the company at approx. Rs. 2,659 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Carrier Aircon unlisted shares.

At 275 Rs/Share, Carrier Aircon Unlisted Shares values the company at approx. Rs. 2,925 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Carrier Aircon unlisted shares.

At 300 Rs/Share, Carrier Aircon Unlisted Shares values the company at approx. Rs. 3,191 crores.

This are just pre-defined scenarios, since the market cap is variable to price, you can calculate the latest market cap based on the ongoing rates of Carrier Aircon unlisted shares.

 Carrier Aircon Shareholding

Source: Annual Report FY 2020-21

 Carrier Aircon Annual Reports

 Carrier Aircon News

 FAQ for Carrier Aircon Unlisted Shares

How to buy Carrier Aircon Unlisted Shares?

Process of Buying Carrier Aircon Unlisted Shares

  1. Get connected with us and inquire for Carrier Aircon Unlisted Shares
  2. We will quote the current prevailing market rates of the shares (Subject to availability)
  3. If you agree on the rate and quantity, we will send our bank details. (Please note, we accept payment only through bank)
  4. Buyer transfers the fund in our bank account and buyer also need to send their demat details (for initiating share transfer process)
  5. Post receiving funds and demat details, we initiate transfer of Carrier Aircon Unlisted shares. The shares usually gets transferred on same/next working day in your demat account
  6. For detailed buying process, refer here

What is the minimum lot size for buying Carrier Aircon Unlisted Shares?

The minimum lot size for investing in Carrier Aircon Unlisted Shares is 100 Shares

What is the lock-in period for Carrier Aircon Unlisted Shares?

The Lock-in period for Carrier Aicon Unlisted Shares will be Six Months. The Lock-in period starts from the date of IPO allotment. (According to SEBI Regulations)

Is buying Carrier Aircon Unlisted Shares Legal?

Yes, buying Carrier Aircon Unlisted Shares is completely legal.

How to check price of Carrier Aircon Unlisted Shares?

You can regularly check the updated price of Carrier Aircon Unlisted Shares at our Website and on our Telegram Channel

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