| P&L Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue | 280 | 363 | 481 | 437 |
| Cost of Material Consumed | 204 | 256 | 326 | 288 |
| Change in Inventory | -13 | -13 | 10 | 6 |
| Gross Margins | 31.79 | 33.06 | 30.15 | 32.72 |
| Employee Benefit Expenses | 43 | 51 | 60 | 63 |
| Other Expenses | 27 | 33 | 39 | 39 |
| EBITDA | 19 | 36 | 46 | 41 |
| OPM | 6.79 | 9.92 | 9.56 | 9.38 |
| Other Income | 7 | 6 | 12 | 11 |
| Finance Cost | 2 | 2 | 3 | 3 |
| D&A | 2 | 2 | 2 | 3 |
| EBIT | 17 | 36 | 44 | 38 |
| EBIT Margins | 6.07 | 9.37 | 9.15 | 8.7 |
| PBT | 22 | 38 | 53 | 46 |
| PBT Margins | 7.86 | 10.47 | 11.02 | 10.53 |
| Tax | 5 | 10 | 11 | 11 |
| PAT | 17 | 28 | 42 | 35 |
| NPM | 6.07 | 7.71 | 8.73 | 8.01 |
| EPS | 283.33 | 466.67 | 700 | 59.32 |
| Financial Ratios | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Operating Profit Margin | 6.79 | 9.92 | 9.56 | 9.38 |
| Net Profit Margin | 6.07 | 7.71 | 8.73 | 8.01 |
| Earning Per Share (Diluted) | 283.33 | 466.67 | 700 | 59.32 |
| Assets | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Fixed Assets | 9 | 10 | 11 | 20 |
| CWIP | 0 | 0 | 0 | 0.2 |
| Investments | 26 | 31 | 42 | 67 |
| Trade Receivables | 76 | 86 | 113 | 109 |
| Inventory | 61 | 90 | 88 | 64 |
| Other Assets | 118 | 130 | 135 | 152.8 |
| Total Assets | 290 | 347 | 389 | 413 |
| Liabilities | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Share Capital | 0.6 | 0.6 | 0.6 | 5.9 |
| FV | 10 | 10 | 10 | 10 |
| Reserves | 203 | 231 | 273 | 302 |
| Borrowings | 15 | 17 | 21 | 7 |
| Trade Payables | 15 | 21 | 24 | 21 |
| Other Liabilities | 56.4 | 77.4 | 70.4 | 77.1 |
| Total Liabilities | 290 | 347 | 389 | 413 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 22 | 38 | 53 | 46 |
| OPBWC | 20 | 37 | 48 | 37 |
| Change in Receivables | 8.5 | -10 | -29 | 4 |
| Change in Inventories | -22 | -29 | 2 | 24 |
| Change in Payables | 0 | 0 | 0 | 0 |
| Other Changes | 3.7 | 28 | -6 | 10 |
| Working Capital Change | 3.7 | -11 | -33 | 30 |
| Cash Generated From Operations | 10.2 | 26 | 15 | 75 |
| Tax | -7 | -8 | -14 | -13 |
| Cash Flow From Operations | 3.2 | 18 | 1 | 62 |
| Purchase of PPE | -2 | -2 | -4 | -12 |
| Sale of PPE | 0 | 0 | 0.2 | 0 |
| Cash Flow From Investment | -1.6 | -35 | 1 | -27 |
| Borrowing | 0.9 | 2 | 4 | -14 |
| Dividend | -0.18 | 0 | -0.2 | 0.2 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -2 | -2 | -2.8 | -3.2 |
| Cash Flow from Financing | -1.28 | 0 | 1 | -17 |
| Net Cash Generated | 0.32 | -17 | 3 | 8 |
| Cash at the Start | 18 | 18 | 1 | 4 |
| Cash at the End | 18.32 | 1 | 4 | 22 |
Frick India Limited, established in 1962 in technical collaboration with Frick Company USA, is one of India’s leading manufacturers of industrial refrigeration and air-conditioning equipment. Over the decades, the company has built a strong reputation for engineering excellence, manufacturing high-quality compressors, condensers, heat exchangers, pressure vessels, and turnkey refrigeration systems. Its extensive product portfolio caters to sectors such as dairy, food processing, cold storage, breweries, pharmaceuticals, petrochemicals, and process industries—making it a critical player in India’s industrial cooling ecosystem. With a focus on durable engineering, energy efficiency, and customized solutions, Frick India has successfully maintained its position as a trusted name in industrial refrigeration technology.
The company operates a state-of-the-art manufacturing facility equipped with modern machines, testing labs, and design capabilities that support both standard and customized solutions. Frick India has also strengthened its market presence through continuous research and development, allowing it to adopt environmentally friendly refrigerants and advanced automation. Its engineering teams are known for delivering end-to-end project execution—from design and manufacturing to installation and after-sales service. This strong technical capability, combined with a wide network of service centers across India, has helped the company build long-standing relationships with major industrial clients. Despite operating in a specialized niche, it continues to benefit from growing demand driven by food preservation, cold chain expansion, and industrial modernization.
Frick India Limited’s unlisted shares attract investor interest due to the company’s long operational history, stable cash flows, and presence in industries that are witnessing sustained growth. While liquidity is limited—as is typical with unlisted securities—the company’s strong fundamentals and conservative financial approach make it a stable, long-term industrial player. Investors often view Frick India as a value-oriented opportunity, particularly as India’s cold chain infrastructure expands and industries increasingly require efficient refrigeration systems. However, like all unlisted investments, prospective buyers should evaluate financials, business performance, and market conditions through proper due diligence before making any investment decision.
Q:1 How do I confirm booking for Frick India Limited Unlisted Shares?Answer: You can confirm the booking by contacting us and agreeing on a trading price for the shares you wish to purchase.
Q:2 What documents do I need to provide to buy Frick India Limited Unlisted Shares?Answer: You need to provide your client master report, PAN Card, and a cancelled cheque if you are not transferring funds from the bank account as mentioned in the client master report.
Q:3 Why do I need to submit KYC documents?
Answer: KYC documents are required as per SEBI regulations to ensure compliance and verify your identity during the transaction.
Q:4 How will I receive the bank details for the fund transfer?
Answer: We will provide you with the necessary bank details after you confirm your booking for the shares.
Q:5 What payment methods are accepted for purchasing Frick India Limited Unlisted Shares?Answer: Payments must be made via RTGS, NEFT, IMPS, or cheque transfer.Please note that cash deposits are not accepted.
Q:6 Can I transfer funds from a different bank account than the one mentioned in my client master report?Answer: No, the payment must be made from the same bank account in which the shares are to be credited.
Q:7 Is there a specific payment timeline I need to follow?Answer: While we do not specify a strict timeline, it's advisable to complete the payment promptly after confirming your booking to facilitate a smooth transaction.
Q:8 What happens after I make the payment for the shares?Answer: Once we receive your payment, the shares will be credited to your account as per the details provided in your client master report.