Carrier Airconditioning & Refrigeration Limited Unlisted Shares | Latest Share Price & Updates
Company Overview
Carrier Airconditioning & Refrigeration Ltd incorporated in 1992, is a part of world leading high – technology heating, air- conditioning & refrigeration solutions – “United Technologies South Asia Pacific Pte. Ltd”. Carrier India provides/ supplies wide and innovative range of heating, air conditioning and refrigeration solutions to a range of customers in all parts of Asia. Carrier with its headquarter located at Gurgaon has around 14 sales and service offices , 800+ sales and service channel partners across the country.
| Symbol: | Carrier Airconditioning & Refrigeration Ltd. |
|---|---|
| Face Value (₹): | 10 |
| ISIN: | INE040I01011 |
| Demat Status: | NSDL & CDSL |
| Lot Size: | 50 Shares |
Main Business Segments of Carrier Air Conditioning & Refrigeration Ltd:
- Light Commercial Air-conditioning.
- Commercial Air-conditioning.
- Toshiba and Commercial Services.
- Commercial Refrigeration.
- Transicold.
- Advan TE3C – It is providing solutions to clients by helping them in saving energy more than 10.5 million units which is equivalent to 8295 tons of Carbon emission being prevented.
Board of Directors:
| Name | Designation | Profile |
|---|---|---|
| Mr. Har Amrit Pal Singh Dhillon | Director |  |
| Mr. Rahul Kumar Jain | Additional Director | |
| Mr. Narendra Singh Sisodia | Director | |
| Mr. Chirag Baijal | Managing Director |  |
| Ms. Simran Thapar | Wholetime Director | |
| Mr. Pritesh Agrawal | Wholetime Director | |
| Mr. Pankaj Prakash Sahni | Director | |
Key Highlights
- Carrier is a leading provider of heating, ventilating, air conditioning & refrigeration systems, building controls & automation, & fire & security systems.
- CAGR Growth (2017 to 2019) – Total Revenue 9%, EBITDA 8% & PAT 7%.
- Debt Free Company.
- The United Technologies , South Asia Pacific Pte. Ltd is the ultimate holding company having 96.47% stake in Carrier.
- Dividend paying company – Rs.9.58 per share (2017) , Rs.5.1 per share (2018) & Rs. 27.20 per share (2019).
Ratio
| Ratio | FY22 | FY21 |
|---|---|---|
| Operating Margin | 4% | 4% |
| Net Profit Margin | 3% | 1% |
| Return on Equity | 15% | 7% |
| Debt-Equity | 0.05 | 0.02 |
| Current Ratio | 1.31 | 1.27 |
| Dividend Payout | 25% | 32% |
Note:- Dividend payout = Total Dividend/Net Income.
It indicates, how much % of its Net Income, the company is paying out as dividend to its Shareholders.
Financial Highlights
| Particulars | 2021-22 | 2020-21 | 2019-20 | 2018-19 | 2017-18 |
|---|---|---|---|---|---|
| Total Income (₹ Crores) | 1632.19 | 1240.91 | 1549.45 | 1511.38 | 1356.07 |
| PAT (₹ Crores) | 42.11 | 16.68 | 47.07 | 68.03 | 72.88 |
| Diluted EPS | 3.96 | 1.57 | 4.43 | 6.40 | 6.85 |
| Book Value per Share (₹) | 25.60 | 22.29 | 20.51 | 48.94 | 42.51 |
| Equity (₹ Crores) | 272.28 | 237.09 | 218.13 | 520.62 | 452.26 |
Peer Comparison
| Company | Market Cap (₹ Crores) | Profitability Margin (%) | ROCE (%) | ROE (%) | D/E Ratio | P/E Ratio | P/B Ratio | Book Value per Share (₹) |
|---|---|---|---|---|---|---|---|---|
| Carrier Airconditioning & Refrigeration Ltd | 2925 | 3% | 17% | 15% | 0.05 | 69.44 | 10.74 | 25.60 |
| Johnson Controls -Hitachi Air Conditioning India Ltd | 3156 | 1% | 4% | 2% | 0.06 | 300.13 | 6.49 | 272.11 |
| Orient Electric Ltd | 5876 | 5% | 31% | 23% | 0.03 | 53.81 | 12.61 | 25.51 |
Media Updates
Annual Reports
Carrier Airconditioning & Refrigeration Annual Report 2021-22
Carrier Airconditioning & Refrigeration Annual Report 2020-21
Carrier Airconditioning & Refrigeration Annual Report 2019-20
Carrier Airconditioning & Refrigeration Annual Report 2018-19
Carrier Airconditioning & Refrigeration Annual Report 2017-18
Carrier Airconditioning & Refrigeration Annual Report 2016-17
Frequently Asked Questions
The buying and selling of unlisted shares and pre-IPO shares is fully legal and valid.
The procedure to buy the Carrier Airconditioning unlisted shares is fairly simple. Once you have settled on the price and quantity of the transaction, you would have to transfer the funds into the bank account of the seller.
When the funds are transferred and transaction details are shared with the seller, your demat account will be credited with the shares either on the same day of the fund transfer or before the end of the next working day.
In the secondary market, the transactions related to unlisted shares take place with the existing owners of the shares who are generally the employees or existing investors in the company. The company itself is not directly involved.
The Carrier Airconditioning shares will get credited either the same day or before the end of the next working day when you transfer the funds into our bank account.
The minimum lot size varies on the basis of market conditions and demand and supply factors. To know the current lot size for Carrier Airconditioning Ltd unlisted shares, please visit the stock page on our website: www.delistedstocks.in
There are many factors which influence the pricing of unlisted shares. Apart from the supply and demand factors, the latest transactions happened on the same stock, last funding round of the company, and valuation level of companies of the similar size affect the pricing of the unlisted shares.
Once the selling price and quantity of shares is agreed with us, we will provide you with an UTR number to transfer the shares. Once you have transferred the shares into our company’s demat account, funds will be released into your bank account within 24 hours or before the end of the next working day of the transfer of the shares.
If your holding period is less than 2 years, then such income is treated as business income and liable to get taxed as per tax slab of the investor.
If your holding period is more than 2 years, then your profits would be subject to long-term capital gains tax. The current short-term capital gain tax rate is 20% after indexation.
The trading in unlisted shares is governed by Securities & Contract (Regulation) Act,1992 which comes under the preview of SEBI. The SEBI regulations become applicable when the stocks of the company get listed on the stock exchange. There is a minimum lock-in period of 6 months for pre-IPO investors.
The major risk associated with investing in unlisted stocks is the liquidity risk. The possible exit route for investors is either to sell to another investor or wait till the company gets listed on the stock exchange.
Yes, NRI’s can also buy and sell Carrier Airconditioning unlisted shares just like domestic investors. But their investment is on a non-repatriable basis.
