Johnson Controls-Hitachi Air Conditioning India Ltd. (JCHAC) AI Stock Analysis

• Market Cap: ₹46.86B
• Dividend Yield: 2.09%
• Average Volume (3M): 2.35K
• Price to Earnings (P/E): 123.6
• Beta (1Y): 0.71
• Revenue Growth: 11.32%
• EPS Growth: 2515.69%
• Country: IN
• Employees: 1,169
• Sector: Industrials
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): 5.00
• Shares Outstanding: 27,190,884
• 10 Day Avg. Volume: 1,419
• 30 Day Avg. Volume: 2,352
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,753.00
• Price Target Upside: 1.71% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 54 Neutral
• Price Target: ₹1,753.00 ▲(1.71% Upside)

The overall stock score of 54 reflects a recovering financial performance with recent improvements in profitability and cash flow. However, technical indicators suggest a bearish trend, and the high P/E ratio indicates potential overvaluation. The dividend yield provides some support, but the stock's valuation and technical outlook weigh down the score.

Johnson Controls-Hitachi Air Conditioning India Ltd. Business Overview & Revenue Model

Company Description

Johnson Controls-Hitachi Air Conditioning India Ltd. (JCHAC) is a prominent player in the air conditioning industry, operating as a joint venture between Johnson Controls, a global leader in building technologies and solutions, and Hitachi Appliances, a renowned Japanese manufacturer. The company specializes in the design, manufacture, and distribution of a wide range of air conditioning products, including residential and commercial air conditioning systems, VRF systems, and air purifiers. JCHAC leverages advanced technology and innovation to deliver energy-efficient and environmentally friendly solutions tailored to meet diverse customer needs.

How the Company Makes Money

Johnson Controls-Hitachi Air Conditioning India Ltd. makes money primarily through the sale of its air conditioning products and solutions. The company generates revenue by offering a comprehensive portfolio of residential and commercial air conditioning units, which are sold through a network of dealers, distributors, and direct sales channels. Its key revenue streams include sales of split air conditioners, window air conditioners, and variable refrigerant flow (VRF) systems. Additionally, JCHAC benefits from service contracts and after-sales services, providing maintenance and support for its products. Strategic partnerships and collaborations with real estate developers and large enterprises also contribute significantly to its earnings, as they often involve large-scale installations and long-term service agreements.

Johnson Controls-Hitachi Air Conditioning India Ltd. Financial Statement Overview

Summary

Johnson Controls-Hitachi Air Conditioning India Ltd. shows a recovering financial position with recent improvements in profitability and cash flow. While past operational challenges are evident, current trends suggest a positive trajectory. Continued focus on maintaining profitability and cash generation will be key for future stability.

Income Statement

The company exhibits a mixed income performance. Gross profit margin has improved, showing efficiency in production. Revenue growth is volatile, with a significant increase in the latest year. Net profit margin has turned positive after previous losses, indicating improved cost management. However, past negative EBIT and EBITDA margins highlight previous operational challenges.

Balance Sheet

The balance sheet indicates moderate financial stability. The debt-to-equity ratio is low, suggesting conservative leverage usage. Return on equity has improved, reflecting better profitability. The equity ratio indicates a solid equity base relative to assets, although fluctuations in stockholders' equity are noteworthy.

Cash Flow

Cash flow analysis shows improvement, with positive free cash flow growth in the latest year. The operating cash flow to net income ratio suggests effective cash generation from operations. However, past years have experienced negative free cash flow, indicating historical cash management issues.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	27.56B	27.56B	19.18B	23.84B	21.59B	16.47B
Gross Profit	6.92B	8.18B	5.60B	5.96B	3.00B	2.91B
EBITDA	1.54B	1.32B	-180.10M	-237.80M	1.02B	1.32B
Net Income	588.30M	588.30M	-757.10M	-821.40M	161.20M	331.00M
Balance Sheet
Total Assets	17.99B	17.99B	16.57B	17.89B	17.94B	16.43B
Cash, Cash Equivalents and Short-Term Investments	1.37B	1.37B	718.20M	228.10M	304.50M	1.22B
Total Debt	420.40M	420.40M	480.80M	1.93B	1.12B	890.10M
Total Liabilities	11.58B	11.58B	10.74B	11.29B	10.54B	9.21B
Stockholders Equity	6.41B	6.41B	5.83B	6.59B	7.40B	7.22B
Cash Flow
Free Cash Flow	0.00	646.20M	2.17B	-788.30M	-1.04B	2.93B
Operating Cash Flow	0.00	832.50M	2.54B	-308.30M	-549.30M	3.21B
Investing Cash Flow	0.00	-1.40M	-322.10M	-431.30M	-459.90M	-260.80M
Financing Cash Flow	0.00	-175.60M	-1.72B	654.80M	93.40M	-1.91B

Johnson Controls-Hitachi Air Conditioning India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1723.50
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JCHAC, the sentiment is Negative. The current price of 1723.5 is below the 20-day moving average (MA) of 1743.88, below the 50-day MA of 1735.11, and below the 200-day MA of 1738.19, indicating a bearish trend. The MACD of -1.98 indicates Positive momentum. The RSI at 43.77 is Neutral, neither overbought nor oversold. The STOCH value of 7.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:JCHAC.

Johnson Controls-Hitachi Air Conditioning India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
THERMAX	73 Outperform	₹392.71B	55.33		0.43%	8.14%	-4.46%
CUMMINSIND	72 Outperform	₹1.04T	48.62		1.36%	20.71%	17.04%
BOSCHLTD	71 Outperform	₹1.14T	42.76		1.33%	9.91%	4.58%
HONAUT	63 Neutral	₹314.27B	61.42		0.30%	7.98%	-4.27%
ABB	61 Neutral	₹1.07T	59.87		0.85%	10.27%	11.90%
Sector *	58 Neutral	HK$13.61B	5.49	-2.78%	5.73%	2.29%	-57.50%
JCHAC	54 Neutral	₹46.86B	123.55		2.09%	11.32%	2515.69%