Carrier Technologies India Limited

Provides fire and security systems, trading, and IT support services.

1981 | Mumbai, Maharashtra (India) | Active
Last Updated: June 17, 2024

Carrier Technologies India Profile

Key Indicators

  • Authorised Capital ₹ 308.00 Cr
  • Paid Up Capital ₹ 306.84 Cr
  • Company Age 43 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 131.76 Cr
  • Revenue Growth 22.88%
  • Profit Growth 42.15%
  • Ebitda 21.85%
  • Net Worth 20.93%
  • Total Assets 10.45%

About Carrier Technologies India

Carrier Technologies India Limited (CTIL) is a leading Public Limited Foreign Company Incorporated In India incorporated in India on 06 May 1981 and has a history of 43 years and eight months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Vijay Fire Protection Systems Limited. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 308.00 Cr and a paid-up capital of Rs 306.84 Cr.

The company has closed loans amounting to ₹131.76 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Carrier Technologies India Limited India are Samta Jain as COMPANY SECRETARY and Srinivasa Cherukuri as Cfo. Srinivasa Perni, Samarpita Banerjee, Muthalagappan Karuppiah, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29193MH1981FLC024364

  • Company No.

    024364

  • Company Classification

    Public Limited Foreign Company Incorporated In India

  • Incorporation Date

    06 May 1981

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering
Machinery and Equipment

What products or services does Carrier Technologies India Limited offer?

Carrier Technologies India Limited offers a wide range of products and services, including Fire Alarm Systems, Edwards Fire Alarm Systems, Fire Fighting & Prevention Products, Smoke Detector, Beam Detector, Heat Detectors, Fire Fighting Equipments.

Who are the key members and board of directors at Carrier Technologies India?

Executive Team (3)

Name Designation Appointment Date Status
Nanda Lakkaraju Country flag representing Us Managing Director Current
Samta Jain Country flag representing In Company Secretary 16-Jun-2023 Current
Srinivasa Cherukuri CFO 28-Nov-2022 Current

Board Members (6)

Name Designation Appointment Date Status
Srinivas Kotni Country flag representing In Director 25-Mar-2015 Current
Srinivasa Perni Whole-Time Director 13-Apr-2024 Current
Samarpita Banerjee Country flag representing In Whole-Time Director 13-Apr-2024 Current
Muthalagappan Karuppiah Country flag representing In Whole-Time Director 20-Aug-2019 Current
Shalini Singh Country flag representing In Whole-Time Director 30-Aug-2022 Current
Pankaj Mehta Additional Director 13-Apr-2024 Current

Financial Performance of Carrier Technologies India.

Carrier Technologies India Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.88% increase. The company also saw a substantial improvement in profitability, with a 42.15% increase in profit. The company's net worth Soared by an impressive increase of 20.93%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
22.88%
Revenue from Operations
22.84%
Total Assets
10.45%
Profit or Loss
42.15%
Net Worth
20.93%
EBITDA
21.85%

What is the Ownership and Shareholding Structure of Carrier Technologies India?

In 2023, Carrier Technologies India had a promoter holding of 99.83% and a public holding of 0.17%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹131.76 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 60.34 Cr
  • The Hongkong And Shanghai Banking Corporation Ltd : 27.00 Cr
  • The Hongkong And Shanghai Banking Ltd. : 27.00 Cr
  • Banque Indosuez Branch : 7.05 Cr
  • Banque Indosuez : 5.50 Cr
  • Others : 4.87 Cr

Latest Charge Details

Date Lender Amount Status
13 Mar 2002 The Hongkong And Shanghai Banking Corporation Ltd ₹27.00 Cr Satisfied
13 Mar 2002 The Hongkong And Shanghai Banking Ltd. ₹27.00 Cr Satisfied
15 Mar 2000 The Shamrao Vithal Co-Op.Bank Ltd ₹1.00 M Satisfied
24 Feb 1998 Industrial Development Bank Of India ₹4.00 Cr Satisfied
26 Mar 1997 State Bank Of India ₹45.85 Cr Satisfied

How Many Employees Work at Carrier Technologies India?

Carrier Technologies India has a workforce of 1335 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Carrier Technologies India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Carrier Technologies India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Carrier Technologies India

Recent activity within the organization

  • Director Appointment

    Srinivasa Rao Perni was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 Apr 2024 & has been associated with this company since 9 months 21 days .

    13 Apr 2024

  • Director Appointment

    Samarpita Banerjee was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 13 Apr 2024 & has been associated with this company since 9 months 21 days .

    13 Apr 2024

  • Director Appointment

    Pankaj Krishandev Mehta was appointed as a Additional Director was appointed as a Additional Director on 13 Apr 2024 & has been associated with this company since 9 months 21 days .

    13 Apr 2024

  • Annual General Meeting

    Carrier Technologies India Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Carrier Technologies India Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Muthalagappan Karuppiah was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 Aug 2019 & has been associated with this company since 5 years 5 months .

    20 Aug 2019

Frequently asked questions

  • Carrier Technologies India Limited was incorporated on 06 May 1981.

  • The authorized share capital of Carrier Technologies India Limited is ₹ 308.00 Cr and paid-up capital is ₹ 306.84 Cr.

  • Currently 9 directors are associated with Carrier Technologies India Limited.

    • Samta Jain
    • Srinivasa Rao Cherukuri
    • Srinivasa Rao Perni
    • Samarpita Banerjee
    • Muthalagappan Karuppiah
    • Nanda Kishore Lakkaraju
    • Srinivas Kotni
    • Shalini Singh
    • Pankaj Krishandev Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Carrier Technologies India Limited is Unit 4B 2Nd Floor The Centrium Lal Bahadur Shashtri Marg Kurla West, Mumbai, Maharashtra, India, 400070.

  • The corporate identification number (CIN) of Carrier Technologies India Limited is U29193MH1981FLC024364 and the company number is 024364 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Carrier Technologies India Limited is https://www.carrier.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Carrier Technologies India Limited has risen by 22.88%.

  • As Per 2023 financial reports, 1335 employees are currently employed by Carrier Technologies India Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Carrier Technologies India Limited has experienced an upsurge of 20.93%.

  • The most recent Balance Sheet for Carrier Technologies India Limited was filed with the ROC on 31 Mar 2023.

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