Frick India
| Market Cap | ₹2,070Cr. | Stock P/E | 49.29 |
| Current Price | ₹3100 | Book Value | ₹472.69 |
| Lot Size | 100 | 52W Low | ₹ |
| 52W High | ₹ | Demat Account | NSDL\CDSL |
| EPS | ISIN | INE499C01012 | |
| Debt to Equity | 0.08 | Valuation | |
| Face Value | 10 | No. of Shares |
Description
| Buy Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 2790 | 100 | ₹ 279000 |
| Sell Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 3100 | 100 | ₹ 310000 |
Company Overview:
Industry: Engineering - Industrial Equipments Sector Stocks
Incorporation Year: 1962
Website: http://www.frickweb.com/
Company Overview: Frick India Limited, is an unlisted public company incorporated on 04 August, 1962. It is classified as a public limited company and is located in Haryana, Haryana. It’s authorized share capital is INR 20.00 cr and the total paid-up capital is INR 6.00 cr. Frick India Limited is a company that manufactures industrial refrigeration systems and equipment.
Products: Compressors, condensers, chillers, air conditioning systems, and more.
Certifications: ISO-certified
Parent company: Part of the Johnson Controls family of companies.
Customers: The company’s main customers are in the dairy and food processing industries.
Manufacturing facilities: Frick India’s manufacturing facilities are located in Faridabad, Haryana, and are spread over a 22-acre complex.
Bonus equity shares: The company plans to issue bonus equity shares to its members. Eligible shareholders will receive nine new fully paid-up equity shares for every one existing share they hold.
Announcement and News
Frick India and Mayekawa Forge Strategic Partnership to Drive Energy-Efficient Industrial Refrigeration Solution in India
Frick India Ltd., a prominent player in the industrial refrigeration sector since 1962, and Japan-based Mayekawa, a global leader established in 1924, have entered into a joint venture to provide energy-efficient compressor packages for a wide range of applications. The developed technology through this venture will be useful for the food and cold chain industry as well as process gas, biogas, and heat pumps in India. This initiative will also offer solutions to companies with a focus on environmental sustainability.
This joint venture ceremony occurred on January 13, 2025, at ITC Maurya, New Delhi. Mr. Takashi Ariyoshi, Minister and Deputy Chief of Mission, Japan Embassy, who attended the ceremony as a guest of honour, underscored the India-Japan strong ties with respect to politics, culture, and values. Also, he quoted the former prime minister of Japan’s statement, “Japan needs India to be strong to make Japan stronger.” Lastly, he congratulated both companies for this venture as it is aiming towards growth for both countries.
Financial Data (IN CR.)
| YEAR | 2020 | 2021 | 2022 |
|---|---|---|---|
| NET SALES | 222 | 228 | 280 |
| TOTAL INCOME | 227 | 238 | 288 |
| OPERATING PROFIT | 24 | 32 | 26 |
| SHAREHOLDERS FUND | 167 | 188 | 204 |
| TOTAL ASSETS | 275 | 314 | 340 |
| EPS | 243.5 | 346.5 | 272.7 |
Financial Docs
Profit and Loss (IN CR.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Revenue | 280 | 363 | 481 |
| Cost of material Consumed | 204 | 256 | 326 |
| Gross Margin | 27.14 | 29.48 | 32.22 |
| OPM | 6.79 | 9.92 | 9.56 |
| Other Income | 7 | 6 | 12 |
| Other Expenses | 27 | 33 | 39 |
| Depreciation & Amortization | 2 | 2 | 2 |
| Profit before tax | 22 | 38 | 53 |
| Net Profit Margin | 6.07 | 7.71 | 8.73 |
| EPS in Rs | 283.33 | 466.67 | 700 |
| Finance Cost | 2 | 2 | 2 |
Balance Sheet (IN Cr.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Share Capital | 0.6 | 0.6 | 0.6 |
| Reserves | 203 | 231 | 273 |
| Borrowings | 15 | 17 | 21 |
| Other Liabilities | 56.4 | 77.4 | 70.4 |
| Total Liabilities | 290 | 347 | 389 |
| Fixed Assets | 9 | 10 | 11 |
| CWIP | 0 | 0 | 0 |
| Investments | 26 | 31 | 42 |
| Other Assets | 118 | 130 | 135 |
| Total Assets | 290 | 347 | 389 |
Shareholding Pattern
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Promoters | 63.93% | 63.76% | 62.53% |
| Public | 36.07% | 36.24% | 37.47% |