JCHAC - Johnson Controls-Hitachi Air Conditioning India Ltd. Share Price

Consumer Durables

₹1774.40+9.80(+0.56%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does Johnson Controls-Hitachi Air Conditioning India Ltd. do?

Household Appliances•Consumer Durables•Small Cap

Johnson Controls-Hitachi Air Conditioning India Limited manufactures and distributes air conditioners, chillers, refrigerators, air purifiers, and variable refrigerant flow systems in India and internationally. The company offers inverter, fixed speed, split, non-inverter, hot and cold, packaged, window, and cassette air conditioners (AC); ducted and ductless air conditioners; centralized AC and room AC controllers; and water- and air-cooled screw chillers, and centrifugal chillers; as well as air quality solutions, and AC apps and controllers. It provides after sales services, including repair and maintenance. The company offers its products under the Hitachi brand. It exports its products. The company was formerly known as Hitachi Home & Life Solutions (India) Limited and changed its name to Johnson Controls-Hitachi Air Conditioning India Limited in September 2016. The company was incorporated in 1984 and is headquartered in Kadi, India. Johnson Controls-Hitachi Air Conditioning India Limited is a subsidiary of JCHAC India Holdco Limited.

Industry Group:Consumer Durables

Employees:1,169

Website:www.hitachiaircon.in

Pros

Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.

Technicals: Bullish SharesGuru indicator.

Buy Backs: Company has bought back it's stock in the past which is a good thing.

Balance Sheet: Strong Balance Sheet.

Cons

Momentum: Stock has a weak negative price momentum.

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Sector Comparison: JCHAC vs Consumer Durables

Comprehensive comparison against sector averages

Comparative Metrics

JCHAC metrics compared to Consumer

Category	JCHAC	Consumer
PE	93.04	56.14
PS	1.83	2.41
Growth	53.8 %	13.9 %

Performance Comparison

JCHAC vs Consumer (2021 - 2025)

Key Insights

1. JCHAC is NOT among the Top 10 largest companies in Household Appliances.
2. The company holds a market share of 3.1% in Household Appliances.
3. In last one year, the company has had an above average growth that other Household Appliances companies.

Share Holdings

Understand Johnson Controls-Hitachi Air Conditioning India ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
Jchac India Holdco Limited	74.25%
Aditya Birla Sun Life Trustee Private Limited A/C - Aditya Birla Sun Life Elss Tax Saver Fund	3.97%
Hsbc Midcap Fund	1.04%
Johnson Controls-Hitachi Air Conditioning Holding (Uk) Ltd	0%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Investor Care
Dividend Yield	0.08%
Dividend/Share (TTM)	1.5
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	19

Financial Health
Current Ratio	1.39
Debt/Equity	0.00
Debt/Cashflow	0.00

Valuation
Market Cap	4.82 kCr
Price/Earnings (Trailing)	93.56
Price/Sales (Trailing)	1.84
EV/EBITDA	33.33
Price/Free Cashflow	23.89
MarketCap/EBT	67.94

Fundamentals
Revenue (TTM)	2.62 kCr
Rev. Growth (Yr)	44.43%
Rev. Growth (Qtr)	8.06%
Earnings (TTM)	51.57 Cr
Earnings Growth (Yr)	87.68%
Earnings Growth (Qtr)	88.89%

Profitability
Operating Margin	2.78%
EBT Margin	2.71%
Return on Equity	8.75%
Return on Assets	4.01%
Free Cashflow Yield	4.19%

Cash Flow for Johnson Controls-Hitachi Air Conditioning India

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	145%	17	7.53	9.14
Change in inventories	542.3%	212	-46.71	-122.01
Depreciation	-14.9%	64	75	72
Impairment loss / reversal	-	0	0	0.26
Unrealised forex losses/gains	91%	0.79	-1.33	1.15
Adjustments for interest income	-115.5%	0.68	3.07	0.58
Net Cashflows from Operations	1297.7%	287	-22.88	-43.23
Income taxes paid (refund)	28.9%	5.42	4.43	12
Other inflows (outflows) of cash	-515.9%	-26.84	-3.52	0
Net Cashflows From Operating Activities	894.8%	254	-30.83	-54.93
Proceeds from sales of PPE	433.3%	3.72	1.51	1.32
Purchase of property, plant and equipment	-23.4%	37	48	49
Interest received	-100.8%	0.98	3.36	0.7
Other inflows (outflows) of cash	-	0	0	0.58
Net Cashflows From Investing Activities	24.7%	-32.21	-43.13	-46
Proceeds from borrowings	-101%	0	100	43
Repayments of borrowings	-	143	0	0
Payments of lease liabilities	363.2%	18	4.67	25
Interest paid	1057.9%	12	1.95	6.51
Other inflows (outflows) of cash	-	0	0	-1.83
Net Cashflows from Financing Activities	-370.8%	-172.33	65	9.35
Net change in cash and cash eq.	616.9%	50	-8.48	-91.58

Income Statement for Johnson Controls-Hitachi Air Conditioning India

Standalone figures (in Rs. Crores)

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	9.1%	432	396	996	772	300	280
Other Income	-45.5%	4.39	7.22	11	2.98	2.35	1.93
Total Income	7.9%	436	404	1,007	775	302	282
Cost of Materials	150.5%	487	195	442	568	279	71
Purchases of stock-in-trade	-26%	38	51	79	66	29	27
Employee Expense	8.9%	50	46	45	46	37	42
Finance costs	-23.7%	1.29	1.38	1.49	1.93	4.99	5.12
Depreciation and Amortization	-11.1%	17	19	17	16	17	16
Other expenses	9.8%	102	93	160	115	72	78
Total Expenses	-0.7%	440	443	957	708	324	345
Profit Before exceptional items and Tax	88.4%	-3.68	-39.42	49	67	-22.32	-62.57
Exceptional items before tax	-	0	0	0	-1.77	-12.95	-12.13
Total profit before tax	88.4%	-3.68	-39.42	49	65	-35.27	-74.7
Current tax	2.4%	0.59	0.58	0.54	0.59	0.54	0.59
Deferred tax	82.4%	-0.93	-9.95	12	16	-8.7	-18.89
Total tax	87.1%	-0.34	-9.37	13	16	-8.16	-18.3
Total profit (loss) for period	86%	-3.34	-30.05	36	49	-27.11	-56.4
Other comp. income net of taxes	35.8%	0.14	-0.34	0.45	-0.92	-0.22	0.43
Total Comprehensive Income	86.6%	-3.2	-30.39	37	48	-27.33	-55.97
Earnings Per Share, Basic	81.8%	-1.2	-11.1	13.3	18	-10	-20.7
Earnings Per Share, Diluted	81.8%	-1.2	-11.1	13.3	18	-10	-20.7

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	-19.5%	1,919	2,384	2,159	1,647	2,197	2,241
Other Income	-18.2%	10	12	8.06	7.9	8.15	15
Total Income	-19.5%	1,929	2,396	2,167	1,654	2,206	2,257
Cost of Materials	-27.9%	1,056	1,465	1,258	746	1,187	1,042
Purchases of stock-in-trade	-45.9%	160	295	323	213	378	504
Employee Expense	-7.7%	170	184	177	167	175	165
Finance costs	145%	17	7.53	9.14	14	5.02	2.69
Depreciation and Amortization	-14.9%	64	75	72	75	56	44
Other expenses	-7.2%	401	432	379	330	453	468
Total Expenses	-19.5%	2,001	2,486	2,144	1,618	2,086	2,124
Profit Before exceptional items and Tax	19.3%	-72.16	-89.63	23	36	119	132
Exceptional items before tax	-68.1%	-26.84	-15.56	-0.74	7.11	-0.75	0
Total profit before tax	5.8%	-99	-105.19	23	43	118	132
Current tax	-51.8%	2.2	3.49	7.71	11	32	49
Deferred tax	3.8%	-25.49	-26.54	-1.26	-0.74	2.38	-2.72
Total tax	-1%	-23.29	-23.05	6.45	10	35	46
Total profit (loss) for period	7.7%	-75.71	-82.14	16	33	84	86
Other comp. income net of taxes	-438.6%	-0.49	1.44	1.9	0.23	-3.08	-3.23
Total Comprehensive Income	5.5%	-76.2	-80.7	18	33	80	83
Earnings Per Share, Basic	7.7%	-27.8	-30.2	5.9	12.2	30.7	31.6
Earnings Per Share, Diluted	7.7%	-27.8	-30.2	5.9	12.2	30.7	31.6

Balance Sheet for Johnson Controls-Hitachi Air Conditioning India

Standalone figures (in Rs. Crores)

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	226.8%	233	72	28	22	90	30
Loans, current	-54%	0.23	0.5	0.78	0.85	1	1.4
Total current financial assets	-1.8%	444	452	190	345	220	458
Inventories	-49.6%	331	656	460	869	496	822
Current tax assets	-	-	-	-	0	3.71	-
Total current assets	-30.1%	813	1,163	676	1,299	763	1,320
Property, plant and equipment	-0.9%	342	345	351	334	371	317
Capital work-in-progress	-43.3%	18	31	37	11	24	70
Investment property	-7.7%	0.86	0.87	0.88	0.89	0.9	0.91
Non-current investments	-	0	0	0	0	0	13
Loans, non-current	-	0.03	0	0	0.26	0.2	0
Total non-current financial assets	-1.5%	2.97	3	3.26	4.24	5.28	13
Total non-current assets	-4.3%	473	494	520	490	497	474
Total assets	-22.5%	1,285	1,657	1,196	1,789	1,260	1,794
Total non-current financial liabilities	-	38	0	123	37	36	56
Provisions, non-current	22.4%	72	59	0	73	66	68
Total non-current liabilities	3.8%	110	106	123	125	116	123
Borrowings, current	-	0	0	200	143	0	43
Total current financial liabilities	-38.9%	503	822	445	892	396	812
Provisions, current	5.7%	38	36	17	20	16	17
Current tax liabilities	-	-	-	-	0	-	1.25
Total current liabilities	-39.4%	587	968	511	1,004	458	931
Total liabilities	-35.2%	696	1,074	634	1,129	574	1,054
Equity share capital	0%	27	27	27	27	27	27
Total equity	1%	589	583	562	659	686	740
Total equity and liabilities	-22.5%	1,285	1,657	1,196	1,789	1,260	1,794

Is Johnson Controls-Hitachi Air Conditioning India Better than it's peers?

Detailed comparison of Johnson Controls-Hitachi Air Conditioning India against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HAVELLS	Havells IndiaConsumer Electronics	1 LCr	20.99 kCr	+5.28%	-1.86%	71.64	4.78	+15.14%	+18.43%
VOLTAS	VoltasHousehold Appliances	41.24 kCr	15.15 kCr	-14.55%	-14.32%	58.15	2.72	+31.94%	+152.66%
BLUESTARCO	Blue StarHousehold Appliances	35.91 kCr	11.34 kCr	-18.26%	+19.99%	64.47	3.17	+25.68%	+16.07%
CROMPTON	Crompton Greaves Consumer ElectricalsHousehold Appliances	21.43 kCr	7.83 kCr	-5.96%	+6.17%	40.75	2.74	+8.63%	+19.52%
WHIRLPOOL	Whirlpool of IndiaHousehold Appliances	15.22 kCr	7.86 kCr	+21.21%	-20.07%	47.16	1.94	+13.82%	+54.75%

JCHAC - Johnson Controls-Hitachi Air Conditioning India Ltd. Share Price

What does Johnson Controls-Hitachi Air Conditioning India Ltd. do?

Sector Comparison: JCHAC vs Consumer Durables

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Revenue Breakdown

Investor Care

Financial Health

Valuation

Fundamentals

Profitability

Cash Flow for Johnson Controls-Hitachi Air Conditioning India

Income Statement for Johnson Controls-Hitachi Air Conditioning India

Balance Sheet for Johnson Controls-Hitachi Air Conditioning India

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Is Johnson Controls-Hitachi Air Conditioning India Better than it's peers?