Carrier Airconditioning & Refrigeration is the Indian subsidiary of Carrier Global Corporation, a global leader in HVAC (heating, ventilation, and air conditioning) solutions. The company provides residential, commercial, and industrial cooling solutions, emphasizing energy efficiency and sustainability. Carrier has been a pioneer in introducing eco-friendly refrigerants and advanced climate control technologies in India. It serves diverse sectors, including real estate, healthcare, and food processing. As India’s demand for energy-efficient cooling solutions grows, Carrier continues to expand its manufacturing and R&D capabilities, supporting the country’s green building initiatives and sustainable infrastructure development.
PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue (INR Cr) | 2223 7.3% | 2072 22.0% | 1699 42.6% | 1191 -25.0% | 1588 1.1% | 1570 17.7% | 1335 -2.7% | 1372 16.5% | 1178 14.1% | 1032 16.1% | 889 -15.2% | 1048 -15.1% | 1234 10.6% | 1116 25.4% | 890 12.2% | 793 - |
Net Operating Income (INR Cr) | 2131 5.88% | 2013 0.00% | 1612 32.34% | 1218 -20.09% | 1524 3.23% | 1477 12.15% | 1317 0.16% | 1315 14.54% | 1148 17.15% | 980 15.29% | 850 -18.08% | 1037 -14.33% | 1211 12.88% | 1073 25.58% | 854 13.46% | 753 4.63% |
Profit (INR Cr) | 151 36.9% | 110 161.1% | 42 152.5% | 17 -64.6% | 47 -30.8% | 68 -6.7% | 73 4.3% | 70 27.3% | 55 -1.1% | 56 36.5% | 41 -32.8% | 61 -22.3% | 78 15.0% | 68 23.0% | 55 60.1% | 34 - |
Assets (INR Cr) | 648 40.9% | 460 30.4% | 353 14.7% | 308 -31.4% | 449 -22.7% | 581 13.7% | 511 -18.0% | 623 14.5% | 544 12.5% | 484 3.4% | 468 10.4% | 424 17.2% | 361 30.8% | 276 55.2% | 178 -6.9% | 191 - |
Net Worth (INR Cr) | 509 36.6% | 373 0.0% | 272 14.8% | 237 8.7% | 218 -58.1% | 521 15.1% | 452 -18.9% | 557 14.3% | 487 12.7% | 433 1.8% | 425 10.6% | 384 18.7% | 324 31.7% | 246 38.0% | 178 -6.9% | 191 -12.7% |
Employee Cost (INR Cr) | 177 12.4% | 158 -4.7% | 166 9.1% | 152 2.5% | 148 -2.7% | 152 8.6% | 140 5.8% | 133 9.3% | 121 18.8% | 102 19.3% | 86 10.1% | 78 -7.6% | 84 8.1% | 78 27.0% | 61 -2.2% | 63 - |
Interest Cost (INR Cr) | 2 | 2 | 3 | 11 | 16 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Cash & Bank Balance (INR Cr) | 428 | 198 | 65 | 13 | 49 | 167 | 147 | 275 | 228 | 194 | 95 | 183 | 114 | 98 | 95 | 54 |
Total Debt (INR Cr) | 21 | 25 | 20 | 7 | 161 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Profit As % Of Revenues | 6.8% | 5.3% | 2.5% | 1.4% | 3.0% | 4.3% | 5.5% | 5.1% | 4.7% | 5.4% | 4.6% | 5.8% | 6.3% | 6.1% | 6.2% | 4.3% |
Profit As % Of Assets | 23.2% | 23.9% | 11.9% | 5.4% | 10.5% | 11.7% | 14.3% | 11.2% | 10.1% | 11.5% | 8.7% | 14.3% | 21.6% | 24.5% | 30.9% | 18.0% |
Profit As % Of Networth | 29.6% | 29.5% | 15.5% | 7.0% | 21.6% | 13.1% | 16.1% | 12.5% | 11.3% | 12.8% | 9.6% | 15.8% | 24.1% | 27.6% | 30.9% | 18.0% |
Interest Cost to EBITDA % | 1.2% | 1.6% | 4.3% | 25.7% | 18.0% | 1.9% | 1.0% | 1.6% | 1.9% | 1.6% | 2.4% | 1.1% | 0.5% | 1.1% | 1.0% | 8.3% |
Debt to Equity Ratio | 0.04 | 0.07 | 0.07 | 0.03 | 0.74 | - | - | - | - | - | - | - | - | - | - | - |
RONW | 34.1% | 29.5% | 16.5% | 5.6% | 12.7% | 14.0% | 14.4% | 13.4% | 11.9% | 12.9% | 10.1% | 17.1% | 27.4% | 32.0% | 29.8% | 16.8% |
ROCE | 35.4% | 30.3% | 18.1% | 10.1% | 18.8% | 20.1% | 20.1% | 18.9% | 16.9% | 17.8% | 14.2% | 22.8% | 35.0% | 46.9% | 45.6% | 26.9% |