Carrier Airconditioning and Refrigeration Limited
Electronic Systems
₹500.00
0.00%
As of 09 Oct 2026
Indicative Price History
CIN
U74999HR1992FLC036104
Market Cap (FY 25)
—
Revenue (FY 25)
₹2,496.12 Cr
EBITDA (FY 25)
₹305.36 Cr
PAT (FY 25)
₹202.46 Cr
EBITDA Margin (FY 25)
12%
PAT Margin (FY 25)
8%
ROE (FY 25)
35%
Debt / Equity (FY 25)
—
Net Worth (FY 25)
₹579.33 Cr
About Company
Carrier India Pvt. Ltd. has a rich history in India, dating back to 1936 when it introduced the nation's first air-conditioning system at Jaipur's Rambagh Palace. Established in 1986, Carrier India has been a prominent player in the country's HVAC industry. In 1988, it inaugurated a cutting-edge manufacturing facility in Gurgaon, Haryana, spanning 19 acres. This facility houses automated production Read more
Industry
Electronic Systems
Status
Private Company - Operating
Parent Company
Carrier Airconditioning and Refrigeration Limited
Financial Highlights
Revenue (₹ Cr)
PAT (₹ Cr)
P&L (standalone)
| ₹ Cr | FY25 | FY24 | FY23 | FY22 | FY21 |
|---|---|---|---|---|---|
| Revenue | 2,496.12 | 2,131.14 | 2,012.74 | 1,612.07 | 1,218.13 |
| Other Income | 47.41 | 28.58 | 22.65 | 20.12 | 22.78 |
| Total Expenses | 2,238.17 | 1,957.42 | 1,888.31 | 1,549.01 | 1,177.12 |
| EBITDA | 305.36 | 202.30 | 147.08 | 83.18 | 63.79 |
| Depreciation | 27.83 | 24.74 | 20.96 | 23.47 | 19.85 |
| EBIT | 277.53 | 177.56 | 126.12 | 59.71 | 43.94 |
| Finance Costs | 2.29 | 2.11 | 1.99 | 2.72 | 10.54 |
| PBT | 275.24 | 175.45 | 124.13 | 56.99 | 33.40 |
| Tax | 72.78 | 43.67 | 27.44 | 14.88 | 16.72 |
| PAT | 202.46 | 131.78 | 96.69 | 42.11 | 16.68 |
| EPS | 42.55 | 14.15 | 10.33 | 3.96 | 1.57 |
Shareholding Pattern
Carrier Corporation
96.5%
Others
3.5%
Annual Report FY2025
Annual Report · FY2025
Annual Report FY2024
Annual Report · FY2024
Annual Report FY2023
Annual Report · FY2023
Goodreturns
Goodreturns
Andhra Pradesh investment approvals include Reliance Industries AI data centre in Visakhapatnam - Goodreturns
Trade Brains
Trade Brains
Sathlokhar Synergys Shares In Focus After Securing ₹102 Cr Orders From Carrier & TAFE - Trade Brains
Moneycontrol.com
Moneycontrol.com
Andhra cabinet clears investments worth over Rs 1.4 lakh cr across sectors - Moneycontrol.com
Moneycontrol.com
Moneycontrol.com
Andhra cabinet clears investments worth over Rs 1.4 lakh cr across sectors - Moneycontrol.com
Moneycontrol.com
Moneycontrol.com
Andhra cabinet clears investments worth over Rs 1.4 lakh cr across sectors - Moneycontrol.com
Newindianexpress
Newindianexpress
MSME growth around major industries emphasised
Andhra Pradesh Chief Minister N. Chandrababu Naidu has directed officials to integrate Micro, Small, and Medium Enterprises (MSMEs) as ancillary industries to large-scale projects within the state's industrial ecosystem. He emphasized encouraging MSME growth around major industries, citing examples like Carrier's chiller plant at Sri City linked to AI and quantum computing facilities. The Chief Minister also called for branding local products for wider market access and urged officials to expedite land allocation and reduce logistics costs, noting the cost difference between rail and road transport.
Google news
Google news
Top Inverter ACs with 10-Year Warranty in 2026 for Long-Term Use
In 2026, Carrier, Panasonic, and Midea are offering inverter air conditioners with 10-year warranties, emphasizing durability, user comfort, and energy efficiency. These models feature smart controls like Wi-Fi connectivity and app integration, along with features such as PM 2.5 filters and turbo cooling. Specific models include the Carrier 1 Ton 5 Star priced around Rs. 34,000, the Panasonic 1 Ton 5 Star around Rs. 41,000 with AI mode, and the Midea 1.5 Ton 3 Star starting around Rs. 30,000. The extended warranty on the compressor is highlighted as a significant advantage, protecting users from costly repairs and positioning these units as long-term investments.
Google news
Google news
Carrier Global Q1 2026 Earnings Report: Revenue Up 2.4%, Data Center Orders Grow Fivefold
Carrier Global reported first-quarter 2026 financial results that exceeded Wall Street expectations for revenue and adjusted earnings per share. Revenue increased by 2.4% year-over-year to $5.34 billion, and adjusted earnings per share were $0.57, surpassing estimates by 12.1%. The company saw a significant surge in data center orders, which grew more than fivefold compared to the prior year, contributing to the company's $1.5 billion sales target for the segment. Despite a sharp decline in operating margin to 4.8%, the company reaffirmed its full-year adjusted EPS guidance.
Business Standard
Business Standard
Carrier eyes $1 billion India revenue by decade-end
Carrier Global aims to achieve $1 billion in revenue from India by the end of the decade. The company considers India a hyper-growth market, having shown the highest growth rates over the past four years. To support this growth, Carrier is investing $100 million in a new facility in Sri City, Andhra Pradesh, with operations slated to commence by the end of next year.
Economictimes
Economictimes
Carrier Global to invest ₹863 cr in chiller making plant in Andhra Pradesh
Carrier Global will invest ₹863 crore to establish a chiller and cooling systems manufacturing facility at Sri City, located near Tirupati in Andhra Pradesh. This initiative is designed to enhance Andhra Pradesh's data centre ecosystem by localizing essential infrastructure. The new facility is projected to create 721 jobs and contribute to the state's objective of achieving 6 GW of hosting capacity.