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
ISIN: INE040I01011
Lot Size: 100 Shares
Current Unlisted Share Price: ₹ Best in industry Per Equity Share
Sector Consumer Durable | ACs & Refrigerators

Carrier Airconditioning & Refrigeration Limited
(CIN: U74999HR1992FLC036104)
Registered & Corporate office:
Narsingpur, Kherki Daula Post, Gurgaon – 122 001
https://www.carrier.com/commercial/en/in/

Main Business Segments of Carrier Air Conditioning & Refrigeration Ltd:

  • Light Commercial Airconditioning
  • Commercial Airconditioning
  • Toshiba and Commercial Services
  • Commercial Refrigeration
  • Transicold

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)

Particulars Year
2020 2019 2018
Revenue 1550 1511 1356
Profit  47 68 73
EPS 4.45 6.39 6.86

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

Outlook: 

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.