A deep dive into Johnson Controls-Hitachi Air (JCHAC) — examining the financials, valuation picture, and who owns the stock.
Johnson Controls-Hitachi Air Revenue Trend
Johnson Controls-Hitachi Air reported revenue of ₹2,756 Cr in FY2025, a 43.7% increase from ₹1,919 Cr in FY2024.
Stepping back, the 10-year revenue CAGR of 5.8% shows Johnson Controls-Hitachi Air has been growing at a moderate, sustainable pace.
Johnson Controls-Hitachi Air's ₹2,756 Cr revenue base puts it in the mid-sized bracket among consumer durables companies in India.
| Year | Revenue | YoY % |
|---|---|---|
| FY2025 | ₹2,756 Cr | +43.7% |
| FY2024 | ₹1,919 Cr | -19.5% |
| FY2023 | ₹2,384 Cr | +10.4% |
| FY2022 | ₹2,159 Cr | +31.1% |
| FY2021 | ₹1,647 Cr | — |
View Johnson Controls-Hitachi Air's full 10-year revenue trend with CAGR analysis →
Johnson Controls-Hitachi Air Profitability
On a per-share basis, diluted earnings were ₹21.60 in FY2025 versus ₹-27.80 in FY2024.
Is Johnson Controls-Hitachi Air Undervalued
Using the P/E Ratio methodology, the calculated intrinsic value comes to ₹3,893.
Johnson Controls-Hitachi Air shares are currently trading at ₹1,432.20.
Craytheon also calculates intrinsic value using the EPS Growth and DCF models. The full breakdown with assumptions is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹3,893 | 171.8% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Johnson Controls-Hitachi Air with detailed assumptions →
Johnson Controls-Hitachi Air Balance Sheet
Proportional view as of 23 Dec 2025. Hover blocks for details.
Assets
Liabilities & Equity
FY2025 total assets: ₹17.99B (up 8.6% YoY from ₹16.57B).
Top categories: Inventories (43.0%), Receivables (23.6%), Property, Plant & Equipment (16.8%).
Of the ₹17.99B in liabilities and equity, 35.6% is shareholder equity, 2.3% is interest-bearing debt, and 62.0% is operating liabilities. Over the year, debt is down 12.6% and equity is up 10.0%.
Balance sheet composition — FY 2025
| Category | Value |
|---|---|
| Cash & ST Investments | 1.37B |
| Receivables | 4.25B |
| Inventories | 7.73B |
| Property, Plant & Equipment | 3.02B |
| Investments | 7.80M |
| Intangibles & Goodwill | 18.60M |
| Other Assets | 1.59B |
| Category | Value |
|---|---|
| Equity | 6.41B |
| Short-term Debt | 174.50M |
| Long-term Debt | 245.90M |
| Trade Payables | 8.44B |
| Other Liabilities | 2.72B |
Johnson Controls-Hitachi Air Investment Snapshot
In summary, Johnson Controls-Hitachi Air (JCHAC) presents the following picture for fundamental analysts.
Revenue of ₹2,756 Cr in FY2025, up 43.7% year-over-year.
Long-term revenue has been compounding at 5.8% annually over 10 years.
The company is profitable, with a net margin of 2.1% and net income of ₹58.8 Cr.
The P/E Ratio model implies 171.8% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
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Want to dig deeper? Craytheon's platform provides 10 years of financial data, three valuation models, and insider trading activity for Johnson Controls-Hitachi Air.