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Amber Enterprises India Ltd

₹ 6,708-0.07%
06 Jan – close price
🔗ambergroupindia.com•BSE: 540902•NSE: AMBER
Market Cap₹ 23,592 Cr.
Current Price₹ 6,708
High / Low₹ 8,626
Stock P/E194
Book Value₹ 830
Dividend Yield0.00 %
ROCE11.6 %
ROE7.63 %
Face Value₹ 10.0
Sales₹ 7,287 Cr.
OPM6.22 %
Mar Cap₹ 23,592 Cr.

ABOUT

Amber Enterprises India Ltd incorporated in 1956, has a 23.6% share in the total Room Air Conditioner market[1]and is a prominent solution provider for the Air conditioner OEM/ODM Industry in India.[2]

KEY POINTS

Business Segments1) Consumer Durables (74% in Q1 FY26 vs 78% in FY23):[1][2]The company holds a26-27% share in the RAC manufacturing marketand offers a range of air conditioners, including Split and Window ACs and commercial ACs like Ductable, Cassette, Tower ACs, etc. It also manufactures components like heat exchangers, motors, metal and plastic parts, copper tubes, and tooling. The segment revenue grew by 33% YoY in Q1 FY26.[3][4]

Also present in buckets:
Aggressive Growth TriggersExcellent ResultsRevenue GuidanceAsset Base ExpansionCapacity Expansion And ProductsPreferential IssuanceOrder Book PositionJv Partnerships AcquisitionsCredit Rating UpdatesRed Flags And Poor Performance

Peer Comparision

S.No.NameCurrent Price (Rs.)Price to EarningMarket Capitalization (Rs.Cr.)Dividend yield (%)Net Profit latest quarter (Rs.Cr.)YOY Quarterly profit growth (%)Sales latest quarter (Rs.Cr.)YOY Quarterly sales growth (%)Return on capital employed (%)Sales (Rs.Cr.)OPM (%)Profit after tax (Rs.Cr.)Profit after tax latest quarter (Rs.Cr.)Price to book valueReturn on assets (%)Debt to equity
1.LG Electronics1494.9049.39101469.680.00389.43-27.306174.030.9856.8324366.6412.782200.92389.43–21.990.07
2.Voltas1486.2089.7549176.090.4731.50-74.412347.32-10.3817.6414158.574.61547.9034.297.726.560.28
3.Blue Star1823.6069.8437495.910.4998.782.932422.376.4326.2012230.947.10536.9299.0112.057.880.33
4.Amber Enterp.6707.50193.8823591.650.00-48.73-262.57727.40-18.1911.557286.686.22121.68-48.738.082.440.69
5.Crompton Gr. Con259.9034.3816735.351.1575.42-31.791915.571.0219.017743.8010.36486.8085.194.929.090.05
6.V-Guard Industri332.9550.0114528.090.4565.293.001340.923.6319.505613.738.55290.4965.296.639.570.07
7.Eureka Forbes625.9565.7512106.100.0061.5938.40773.4514.955.042591.5711.32184.1361.592.692.550.02
–Median: 23 Co.618.0549.75442.870.2719.02.93702.613.6315.042621.997.192.4221.364.455.560.13

Quarterly Results

Standalone figures in ₹ crores

Dec 2022Dec 2023Dec 2024Jun 2023Jun 2024Jun 2025Mar 2023Mar 2024Mar 2025Sep 2022Sep 2023Sep 2024Sep 2025
Sales
9128281,4131,1981,7622,4672,3512,0672,679328454889727
Expenses
8827961,3251,1171,6422,3072,2161,9192,488331444860714
Operating Profit
31338881120160135148192-4102914
Other Income
962018243014231512102220
Profit before tax
-7-25263065988796130-33-41-24-72
Tax %
-22%-30%12%26%28%31%26%28%39%-28%-26%-45%-32%
Net Profit
-6-1823234668656980-24-30-13-49
EPS in Rs
-1.63-5.196.726.7013.7820.1019.2720.5323.53-7.02-8.95-3.98-13.86

Profit & Loss

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales
8381,0819781,5621,9132,1883,0032,2963,1385,0234,5746,7447,287
Expenses
7759918781,4361,7412,0002,7892,1472,9844,8124,2976,3126,833
Operating Profit
6390100126171189214149154211277432453
Other Income
7728896303246587885
Interest
28384859471530343791137167199
Depreciation
172328364350616880100136148158
Profit before tax
253526398913312978706663196182
Net Profit
19252024629311852484945135122
EPS in Rs
8.7111.659.4110.1519.7129.4237.5015.3014.2814.5213.5040.0136.49
Dividend Payout %
0%0%0%23%0%0%9%0%0%0%0%0%–

Compounded Profit Growth

10 Years:19%
5 Years:3%
3 Years:42%
TTM:44%

Compounded Sales Growth

10 Years:20%
5 Years:18%
3 Years:29%
TTM:31%

Return on Equity

10 Years:6%
5 Years:4%
3 Years:5%
Last Year:8%

Stock Price CAGR

10 Years:%
5 Years:20%
3 Years:52%
1 Year:-17%

Balance Sheet

Standalone figures in ₹ crores

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
22222224313131343434343435
Reserves
1842102313298529441,0491,4921,5611,6211,6851,8582,883
Borrowings
288335319372441633043199001,1831,2221,5032,012
Other Liabilities
3003704744505699451,1361,3111,6922,2692,0612,8881,278
Total Liabilities
7949371,0461,1751,4962,0842,5213,1574,1865,1075,0036,2836,208
Fixed Assets
2963584394875265746576869131,4401,5591,6291,734
Gross Block
3654495596437248219651,0561,3451,9742,2062,372–
Accumulated Depreciation
6991120156199247307370431534648743–
CWIP
5049281720252256524384043
Investments
42505050112111338447621589799947952
Other Assets
4064805296218391,3731,5232,0002,5873,0542,6073,6683,479
Total Assets
7949371,0461,1751,4962,0842,5213,1574,1865,1075,0036,2836,208

Cash Flows

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Cash from Operating Activity
–67137113122-37244195134177742510
Cash from Investing Activity
–-74-65-78-139-131-319-458-562-297-826-547
Cash from Financing Activity
–3-71-251089887376520164-148127
Net Cash Flow
–-501091-69111139345-23291

Ratios

Standalone Figures in ₹ Crores / Yearly

Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days
6170876864122941461311099264
Inventory Days
8371976974968011389695475
Days Payable
133121176115108163142219196165168159
Cash Conversion Cycle
1221823305532412414-22-19
Working Capital Days
19-30-32-524552119-44-31-63-48
ROCE %
12%14%13%15%16%14%13%7%5%6%7%12%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
Promoters
40.31%40.31%40.32%40.31%40.31%40.31%39.87%39.79%39.72%39.72%39.65%38.22%
FIIs
27.10%23.91%24.20%29.69%28.29%25.98%28.42%26.39%28.56%27.05%28.59%30.61%
DIIs
11.49%13.55%12.66%13.07%14.67%15.83%15.73%17.80%19.11%19.42%17.82%20.20%
Public
21.11%22.24%22.84%16.91%16.73%17.87%15.99%16.02%12.60%13.81%13.95%10.98%

* The classifications might have changed from Sep'2022 onwards.ℹ️

BSE Announcements AI Summary

Direct from BSE filings, auto-summarised

Amber Enterprises to acquire remaining 50% stake in Amber Resojet for ₹1.74 Crore, making it a wholly-owned subsidiary.

4th April 2026, 12:53 am

Amber Enterprises to acquire full control of Amber Resojet for ₹1.74 Crore

4th April 2026, 12:41 am

Amber Enterprises Subsidiary Completes First Tranche Acquisition of 16.60% Stake in MoMagic Wireless for ₹20.00 Crore

4th April 2026, 12:11 am

Amber Enterprises Subsidiary Increases Stake in Unitronics to 49.66%

1st April 2026, 9:14 pm

Amber Enterprises Closes Trading Window from April 1 for Insiders Ahead of Q4 FY26 Results

31st March 2026, 9:54 pm

Published by Other Websites

External media mentions & references

AC Sales Freeze: Rains, Fuel Crisis Hit Summer Demand, Stocks Under Pressure

26th March 2026, 9:54 am

West Asia Conflict Triggers Cost Shock: Durables, Building Stocks Plunge

24th March 2026, 12:26 pm

Sharp Partners Amber Enterprises For India AC Production

23rd March 2026, 1:26 pm

Sharp Partners Amber Enterprises to Boost India AC Production

23rd March 2026, 1:24 pm

TCS, Nestle Expand; HDFC Bank Chairman Quits Amid Global Jitters

20th March 2026, 7:53 am

News Articles

Editorial & research coverage

Brokerages Issue Divergent Views on Amber, Titan, Eicher, Star Cement, Lemon Tree
Brokerages Issue Divergent Views on Amber, Titan, Eicher, Star Cement, Lemon Tree

12th February 2026, 8:22 am

Amber Enterprises Surges on PCB Push, Caution Looms
Amber Enterprises Surges on PCB Push, Caution Looms

10th February 2026, 2:20 pm

BSE Earnings Shine Amid STT Hike; EMS, Textiles Sector Outlook Mixed
BSE Earnings Shine Amid STT Hike; EMS, Textiles Sector Outlook Mixed

10th February 2026, 10:43 am

India Markets: Steel & Banking Shine, Consumer Faces Headwinds
India Markets: Steel & Banking Shine, Consumer Faces Headwinds

9th February 2026, 8:52 am

EMS Stocks Surge on Dixon, Syrma Earnings Beat
EMS Stocks Surge on Dixon, Syrma Earnings Beat

30th January 2026, 11:10 am

Documents

Announcements

Announcement Under Regulation 30 Of SEBI (LODR) Regulations - Approval Received By The Company''s Step-Down Subsidiaries Under Electronics Components Manufacturing Scheme (ECMS)

2 Jan - 02 Jan 2026: Ascent-K Circuit and Shogini Technoarts received ECMS approval from MeitY.

Announcement under Regulation 30 (LODR)-Updates on Acquisition

31 Dec - IL JIN bought 509,888 Unitronics shares on 30 Dec 2025 for NIS 12,237,312; stake now 44.81%.

Closure of Trading Window

29 Dec - Trading window closed from 1 Jan 2026 until 48 hours after Q3/9M Dec 31, 2025 results.

Announcement Under Regulation 30 - Expansion Of R&D Centre In Punjab

18 Dec - Amber Enterprises to invest Rs.500 Crore to expand Punjab R&D centre for HVAC, commercial AC and VRV systems.

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

9 Dec - The officials of the Company will be interacting with the Analysts/Investors on 12th December, 2025, from 10:00 A.M. IST onwards, in Mumbai.

Annual Reports

Financial Year 2025

(from bse)

Financial Year 2024

(from bse)

Financial Year 2023

(from bse)

Financial Year 2022

(from bse)

Financial Year 2021

(from bse)

Financial Year 2020

(from bse)

Financial Year 2019

(from bse)

Financial Year 2018

(from bse)

Credit Ratings

Rating update

15 Dec from icra

Rating update

10 Dec from crisil

Rating update

20 Nov 2025 from crisil

Rating update

9 Sep 2025 from icra

Rating update

6 Aug 2025 from icra

Rating update

29 Jul 2025 from crisil

Concalls

Nov 2025

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Stock Analysis

Description

Amber Enterprises India Ltd, incorporated in 1956, is a prominent solution provider for the Air Conditioner OEM/ODM Industry in India, holding a significant share in the Room Air Conditioner market. Its business segments include Consumer Durables, where it manufactures air conditioners and components, and other areas like electronics and railway subsystems.

Key Growth Triggers

  1. Strategic acquisitions, including Power-One Micro Systems and Shogini Technoarts, aimed at strengthening the electronics division's capabilities and market position.
  2. Significant funding rounds for its subsidiary ILJIN Electronics to scale operations and pursue growth initiatives.
  3. Expansion into international markets through subsidiaries and strategic stake acquisitions in companies like Unitronics.
  4. Approval under the Electronics Components Manufacturing Scheme (ECMS) for subsidiaries, boosting localization of electronic components.
  5. A strong order book in the mobility segment and a reiterated guidance for double-digit growth in Consumer Durables.
  6. Investment in R&D for HVAC products and commercial AC solutions.

Order Book

Amber Enterprises India Limited's Railway division has a ₹2,600 Cr order book.

Key Red Flags

  1. Reported a consolidated net loss of ₹30.09 Cr in Q2 FY26.
  2. Performance was impacted by seasonal challenges, GST transition delays, higher financing costs, and JV losses.
  3. Potential risks include seasonality in the consumer durables segment and volatility in raw material prices.

Key Dates To Watch

  1. The company's trading window was closed from January 1, 2026, until 48 hours after the announcement of Q3 FY26 results.
  2. The board meeting for approving Q3/9M FY26 results was to be informed separately.

Corporate Announcements

3rd Apr 26
Impact Rating: 7
Amber Enterprises India Limited has agreed to acquire the remaining 50% equity in Amber Resojet Private Limited for approximately ₹1.74 Crore, consolidating it into a wholly-owned subsidiary.
3rd Apr 26
Impact Rating: 8
Amber Enterprises India Ltd. signs agreement to buy remaining 50% in JV Amber Resojet for ₹1.74 Cr, making it a wholly owned subsidiary and marking a strategic move.
3rd Apr 26
Impact Rating: 8
Amber Enterprises India Ltd announced its subsidiary IL JIN completed the first tranche of acquisition of 16.60% stake in MoMagic Wireless by subscribing to fresh equity shares for ₹20.00 crore.
1st Apr 26
Impact Rating: 7
Amber Enterprises' material subsidiary, IL JIN, via ILJIN Holding, acquired an additional 4.85% stake in Unitronics, increasing its total ownership to 49.66% as per SEBI disclosure.
31st Mar 26
Impact Rating: 3
Amber Enterprises India Ltd. will close its trading window for insiders from April 1, 2026. This closure lasts until 48 hours after the company declares its audited financial results for the quarter and fiscal year ended March 31, 2026.