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Johnson Controls-Hitachi Air Conditioning India Limited (JCHAC.NS)
Key financial summary
Financials in INR| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | INR bn | 22 | 16 | 22 | 24 | 19 | 28 | 27 |
| Operating profit | INR bn | 6 | 2 | |||||
| Net profit | INR bn | 1 | 0 | 0 | -1 | -1 | 1 | 0 |
| EPS reported | INR | 21.60 | 4.50 | |||||
| Operating cashflow per share | INR | 30.57 | -31.59 | |||||
| Capex per share | INR | 6.84 | 14.39 | |||||
| FCF per share | INR | 23.73 | -45.98 | |||||
| Free cash flow | INR bn | 1 | -1 | |||||
| Net debt | INR bn | -1 | 1 | |||||
| Book value equity | INR bn | 6 | 5 | |||||
| Book value per share | INR | 235.3 | 175.6 | |||||
| Number of shares | m | 27.24 | 27.19 | |||||
| DPS (TTM paid) | INR | 36.00 | 0.00 |
Financial summary
Financials in INR| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | 81.90 | 312.36 | |||||
| P/B LTM | x | 7.45 | 8.16 | |||||
| P/S LTM | x | 1.73 | 1.46 | |||||
| P/FCF LTM | x | 73.89 | -31.15 | |||||
| EV/EBITDA LTM | x | 35.53 | 44.85 | |||||
| EV/Sales LTM | x | 1.70 | 1.50 | |||||
| Earnings Yield LTM | % | 1.22% | 0.32% | |||||
| FCF Yield | % | 1.35% | -3.21% | |||||
| Quality | ||||||||
| ROE | % | 9.18% | 2.10% | |||||
| ROIC | % | 60.08% | 15.68% | |||||
| Operating margin | % | 22.66% | 6.89% | |||||
| Gross margin | % | 29.68% | 30.14% | |||||
| FCF/Sales | % | 2.34% | -4.69% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | -76.30% | |||||
| Sales Growth YoY | % | +43.71% | +2.70% | |||||
| Net Income Growth YoY | % | - | -76.10% | |||||
| FCF Growth | % | -70.29% | - | |||||
| Operating Profit Growth | % | - | +241.55% | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | +140.00% | - | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | 1.54 | -0.69 | |||||
| Net Debt/EBITDA | x | -0.72 | 1.82 | |||||
| EBIT/Net interest | x | 110.55 | 19.10 | |||||
| Net debt/market cap | % | -2.88% | 2.50% | |||||
| Net debt/Equity | x | -0.21 | 0.20 | |||||
| Gross debt/equity | x | 0.07 | 0.38 | |||||
Company overview
Operating in India, Johnson Controls-Hitachi Air Conditioning India Limited is a key player in the manufacturing and distribution of diverse climate control and refrigeration solutions. The company's extensive product portfolio features a variety of air conditioners, including inverter and fixed-speed split units, packaged systems, window, and cassette models, as well as ducted and ductless air conditioning solutions. They also produce water-cooled and air-cooled screw chillers, centrifugal chillers, refrigerators, air purifiers, and advanced variable refrigerant flow systems, alongside their "space makers." In addition to hardware, the firm supplies necessary accessories and spare parts, and offers comprehensive after-sales services like repair and ongoing maintenance. All its offerings are branded under the globally recognized Hitachi name. While its primary market is India, the company also actively exports to a list of countries such as Nepal, Bhutan, Sri Lanka, Maldives, Indonesia, Vietnam, the United Arab Emirates, Qatar, Oman, Bahrain, Iraq, Kuwait, and Saudi Arabia. Incorporated in 1984, this Kadi, India-headquartered entity changed its name from Hitachi Home & Life Solutions (India) Limited to its current designation in September 2016. It functions as a subsidiary of JCHAC India Holdco Limited.
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Johnson Controls-Hitachi Air Conditioning India Limited (JCHAC.NS)
Operating in India, Johnson Controls-Hitachi Air Conditioning India Limited is a key player in the manufacturing and distribution of diverse climate control and refrigeration solutions. The company's extensive product portfolio features a variety of air conditioners, including inverter and fixed-speed split units, packaged systems, window, and cassette models, as well as ducted and ductless air conditioning solutions. They also produce water-cooled and air-cooled screw chillers, centrifugal chillers, refrigerators, air purifiers, and advanced variable refrigerant flow systems, alongside their "space makers." In addition to hardware, the firm supplies necessary accessories and spare parts, and offers comprehensive after-sales services like repair and ongoing maintenance. All its offerings are branded under the globally recognized Hitachi name. While its primary market is India, the company also actively exports to a list of countries such as Nepal, Bhutan, Sri Lanka, Maldives, Indonesia, Vietnam, the United Arab Emirates, Qatar, Oman, Bahrain, Iraq, Kuwait, and Saudi Arabia. Incorporated in 1984, this Kadi, India-headquartered entity changed its name from Hitachi Home & Life Solutions (India) Limited to its current designation in September 2016. It functions as a subsidiary of JCHAC India Holdco Limited.
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