Frick India Limited Unlisted Shares
Buy - ₹2550.00
Sell - ₹3270.00
About Frick India Limited Unlisted Shares
1. About the Company
Frick India Limited, established in 1962, is a leading manufacturer and turnkey solution provider in the industrial refrigeration and air-conditioning sector. Initially formed through a collaboration with Frick Company USA, one of the world’s oldest and largest industrial refrigeration companies, Frick India has grown into an independent and significant player in the global refrigeration market. Headquartered in Faridabad, Haryana, the company has expanded its reach to over 45 countries, offering cutting-edge refrigeration technology and equipment.
Frick India Limited specializes in manufacturing and providing complete solutions for industrial refrigeration systems, including design, manufacturing, packaging, installation, and servicing. With over five decades of experience, the company has built a reputation for delivering energy-efficient and reliable refrigeration solutions. Frick India manufactures a variety of equipment, such as compressors, condensers, air handling units, and ice-making systems, all designed to meet the demanding needs of industries like food processing, cold storage, and pharmaceuticals.
2. Business Divisions
Frick India operates across several key divisions that ensure its leadership in the industrial refrigeration space:
- Manufacturing of Refrigeration Equipment:Â Frick India manufactures an extensive range of products, including compressors, condensers, and air-handling units, using the latest technologies from global partners in the U.S., Japan, the U.K., and Europe.
- Turnkey Solutions:Â The company offers full-service turnkey solutions, handling the design, manufacturing, installation, and maintenance of industrial refrigeration systems. This ensures seamless project execution for clients across various industries.
- Technological Innovations:Â Frick India integrates advanced technology into its systems, such as the Frick India Energy Management System (FEMS), an online platform that helps businesses manage their refrigeration systems efficiently and in an energy-efficient manner.
- Global Reach: With operations extending to over 45 countries, Frick India continues to expand its market presence globally, exporting products and solutions worldwide while maintaining a strong foothold in the Indian market
3. Financial Highlights
Frick India’s financial performance reflects a consistent growth trajectory and improved profitability, particularly in recent years. Below are key highlights of the company’s financial results:
- Revenue Growth: Frick India reported a significant increase in revenue in FY24, with revenue rising to ₹481 crore, compared to ₹363 crore in FY23. This increase of 32.5% reflects strong demand for the company’s products and services.
- Profitability Improvement: The company’s net profit (PAT) for FY24 increased to ₹42 crore from ₹28 crore in FY23, showing a year-on-year growth of 50%. This surge in profit is attributed to the company’s improved EBITDA margin and better cost management.
- Gross Margins:Â Frick India achieved gross margins of 32.22% in FY24, up from 29.48% in FY23. This indicates that the company is successfully managing its cost of goods sold, despite challenges in raw material pricing.
- EBITDA Growth: EBITDA increased to ₹46 crore in FY24, up from ₹36 crore in FY23. The EBITDA margin also improved from 9.92% in FY23 to 9.56% in FY24, demonstrating better operational efficiency.
- Earnings Per Share (EPS): The company reported an EPS of ₹700 in FY24, a significant jump from ₹466.67 in FY23, showcasing an increase in shareholder value and overall profitability.
Disclaimer*This research has been conducted for investment purposes based on available data. Investors are advised to perform their own research and due diligence before making any investment decisions. We do not assume any responsibility for financial losses or inaccuracies in the data provided.
Pros
- Established Market Leadership: Strong brand reputation and long-term client relationships in industrial refrigeration.
- Innovative Technology: Advanced solutions like FEMS improve efficiency, attracting energy- conscious clients.
- Global Export Market: Presence in 45+ countries boosts growth and global demand.
Cons
- Dependence on External Economic Conditions: Performance tied to economic cycles and specific industries like food and pharmaceuticals.
- High Operating Costs: Rising raw material costs and inflation impact profitability and margins.
- Limited Diversification: Narrow focus on refrigeration exposes the company to market demand fluctuations
