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’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 our 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.
Latest Share Price of Carrier Aircon is Rs 275 per share. Call Dharawat Securities on 8108303330 for more details.
Carrier Aircon valuation
At current price of around Rs 275 per share, shares of Carrier Air Conditioning & Refrigeration are available at market capitalisation of about Rs 2,925 crore.
Carrier Airconditioning & Refrigeration Limited Unlisted Shares Details:
|Total Available Shares:||1000+|
|Face Value:||Rs 10 Per Equity Share|
|Lot Size:||100 Shares|
|Current Unlisted Share Price:||₹ Best in industry Per Equity Share|
|Sector||Consumer Durable | ACs & Refrigerators|
Carrier Airconditioning & Refrigeration Limited
Registered & Corporate office:
Narsingpur, Kherki Daula Post, Gurgaon – 122 001
Main Business Segments of Carrier Air Conditioning & Refrigeration Ltd:
- Light Commercial Airconditioning
- Commercial Airconditioning
- Toshiba and Commercial Services
- Commercial Refrigeration
Promoters And Management:
- Mr. Arun Bhatia, Managing Director
- Mr. Narendra Singh Sisodia, Independent Director
- Mr. Pankaj Prakash Sahni, Independent Director
Latest Financial performance (Figures in Rs Crore)
Equity Share Capital is Rs 106.38 crore. Face Value per share is Rs 10. Carrier Airconditioning & Refrigeration Limited manufactures, trades in, and supplies air conditioning and refrigeration equipment in India and internationally. It offers residential and light commercial products, such as furnaces, central air conditioners, heat pumps, air filters, window units, split systems, and other home comfort solutions; and commercial building systems, including various chillers, large unitary, and airside systems and controls for use in buildings.
Carrier Aircon Corporate Video Presentation
The company has a very strong brand name in the sector and has wide range of popular products.
Carrier Airconditioning Ltd is a Debt Free Company.
Carrier Corporation through United Technologies, South Asia Pacific Pte. Ltd holds 96.5% stake in Carrier.
The company is highly investor friendly as it rewards equity shareholders with regular dividends, providing high dividend yield. As per dividend history – It has paid Rs. 9.58 per share in 2017 , Rs .5.1 per share in 2018 and Rs 27.20 per share in 2019.
Shares of Carrier are attractively priced and provide room for huge upside when compared with peers like Blue Star, Johnson Controls – Hitachi Air Conditioning India, Symphony, Voltas etc.