Launch Overview
Richa Infosystems Limited (NSE: RICHA) announced on October 27, 2026 from Gandhinagar, Gujarat that it is entering the smart‑home climate‑control market with the EARTHONIC COOL MAXX series of split air conditioners, offered in both inverter and fixed‑speed configurations under its consumer brand EARTHONIC.
Product Features
The COOL MAXX Inverter series is described as “Smart, Adaptive & Efficient”, equipped with a heavy‑duty compressor capable of delivering instantaneous cooling even when ambient temperatures reach 55 °C. It provides 7‑in‑1 Flexi Cooling and Jog Shuttle Control, offering eight adaptive cooling capacities based on room occupancy and thermal load. The units incorporate Eco Inverter technology with a smart ISEER rating for variable‑capacity operation that reduces power consumption, a 4‑way swing and 360° airflow, AI voice control, auto‑geo sensing, and an intelligent sleep mode preset to 24 °C. Protection features include 100 % copper condenser tubing, Nano Tek anti‑corrosion coating, Dual Gold Fin protection, fire‑proof ECB casing and built‑in voltage fluctuation resistance.
The COOL MAXX Fixed‑Speed series delivers a 5,100 W fast‑cooling capacity with a constant‑speed compressor, providing airflow up to 1,100 m³/h and a Turbo Mode. It uses the low‑GWP, zero‑ODP R32 refrigerant, 100 % copper tubes with Hydrophilic Blue Fins for enhanced thermal efficiency, and safety diagnostics such as thermal protection for the outdoor fan motor, gas‑leakage detection, self‑diagnosis, auto‑restart and a back‑lit LCD remote.
Leadership Commentary
Chairman and Managing Director Mr. Tushar Shah stated that the entry into air‑conditioning “marks a pivotal step in expanding Richa Infosystems’ footprint from institutional AV and smart classroom tech directly into consumer living spaces.” He noted that the company had crossed ₹142.81 crore in revenue in FY26 while serving more than 5,000 customers across public and private institutions, and emphasized the need for products that can endure extreme Indian summer conditions while delivering energy conservation through the Eco Inverter platform.
Market Context
The Indian air‑conditioner market is projected to reach USD 9.01 billion in 2026, expanding at a compound annual growth rate of 14.62 % driven by urbanisation and rising adoption in Tier‑2 and Tier‑3 cities. Richa positions the COOL MAXX line to capture this demand by offering powerful cooling, durability and price‑accessible solutions for households and enterprise work environments.
Distribution and Availability
The COOL MAXX inverter and fixed‑speed units will be distributed through Richa’s multi‑state distributor network and retail partners in Maharashtra, Delhi, Madhya Pradesh, Punjab, Uttar Pradesh, Rajasthan, Bihar and Gujarat. They will also be available on leading consumer‑electronics portals and authorized retail outlets. Each unit carries comprehensive warranty coverage and is supported by the company’s after‑sales service and maintenance infrastructure.
Financial Snapshot
For the fiscal year ending 2026, Richa Infosystems reported revenue of ₹14,281.15 Lakhs, EBITDA of ₹1,118.70 Lakhs and profit after tax of ₹748.09 Lakhs.