Amber Enterprises India Ltd

Amber Enterprises India Ltd

₹ 7,488 2.41%
27 May 10:05 a.m.
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 Segments
1) Consumer Durables (74% in Q1 FY26 vs 78% in FY23): [1] [2] The company holds a 26-27% share in the RAC manufacturing market and 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]

  • Market Cap 26,371 Cr.
  • Current Price 7,488
  • High / Low 8,974 / 5,400
  • Stock P/E 133
  • Book Value 1,242
  • Dividend Yield 0.00 %
  • ROCE 10.2 %
  • ROE 5.95 %
  • Face Value 10.0

Pros

  • Company's median sales growth is 34.4% of last 10 years

Cons

  • Stock is trading at 5.89 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.71% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
3,003 1,702 927 1,295 2,805 2,401 1,685 2,133 3,754 3,449 1,647 2,943 4,148
2,799 1,570 868 1,216 2,586 2,211 1,574 1,984 3,472 3,199 1,563 2,705 3,856
Operating Profit 204 132 60 78 220 191 111 150 282 250 84 237 291
OPM % 7% 8% 6% 6% 8% 8% 7% 7% 8% 7% 5% 8% 7%
19 19 13 5 18 21 18 16 19 30 16 -48 84
Interest 37 45 37 37 48 52 49 54 55 63 77 79 65
Depreciation 39 43 45 47 51 55 57 59 58 62 70 91 99
Profit before tax 146 63 -9 0 138 104 24 53 189 154 -48 19 211
Tax % 26% 26% -40% 270% 28% 28% 11% 30% 37% 31% -33% 150% 23%
108 47 -6 -1 99 75 21 37 118 106 -32 -9 162
EPS in Rs 30.86 13.55 -2.06 -0.14 28.10 21.48 5.69 10.61 34.32 30.66 -9.35 -7.74 38.04
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,230 1,089 1,652 2,118 2,752 3,963 3,031 4,206 6,927 6,729 9,973 12,186
1,128 975 1,521 1,934 2,538 3,650 2,804 3,928 6,505 6,238 9,237 11,324
Operating Profit 102 114 131 184 214 313 226 278 422 491 736 862
OPM % 8% 10% 8% 9% 8% 8% 7% 7% 6% 7% 7% 7%
7 3 9 9 9 6 28 30 49 54 71 81
Interest 43 53 64 54 25 43 42 46 112 167 209 284
Depreciation 26 31 40 49 62 85 92 108 139 187 228 323
Profit before tax 40 33 36 89 136 191 120 154 220 191 370 336
Tax % 29% 26% 38% 30% 30% 14% 31% 28% 25% 27% 32% 33%
29 24 22 62 95 164 83 111 164 139 251 226
EPS in Rs 13.26 11.10 9.30 19.81 29.78 50.37 24.22 32.41 46.66 39.44 72.01 50.48
Dividend Payout % 0% 0% 23% 0% 0% 6% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 27%
5 Years: 32%
3 Years: 21%
TTM: 22%
Compounded Profit Growth
10 Years: 23%
5 Years: 18%
3 Years: 7%
TTM: -19%
Stock Price CAGR
10 Years: %
5 Years: 22%
3 Years: 51%
1 Year: 13%
Return on Equity
10 Years: 8%
5 Years: 8%
3 Years: 8%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 22 22 24 31 31 31 34 34 34 34 34 35
Reserves 217 241 339 861 955 1,097 1,570 1,701 1,875 2,031 2,252 4,337
366 358 395 114 251 383 399 1,069 1,455 1,539 2,059 2,702
401 494 493 721 1,133 1,388 1,582 2,107 2,876 2,987 4,082 6,693
Total Liabilities 1,006 1,115 1,251 1,728 2,371 2,899 3,585 4,910 6,240 6,590 8,426 13,767
418 500 557 710 809 1,106 1,144 1,505 2,222 2,825 3,040 5,879
CWIP 52 36 21 30 34 12 43 128 50 91 198 500
Investments 0 0 0 6 0 0 108 225 193 217 236 38
536 579 672 983 1,528 1,781 2,289 3,051 3,775 3,457 4,953 7,350
Total Assets 1,006 1,115 1,251 1,728 2,371 2,899 3,585 4,910 6,240 6,590 8,426 13,767

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
81 152 142 127 -63 288 221 241 321 965 711 240
-87 -84 -84 -152 -111 -320 -481 -678 -489 -1,035 -953 -3,074
1 -68 -46 128 93 63 370 555 193 -122 323 2,683
Net Cash Flow -5 0 11 103 -81 31 110 119 25 -191 81 -151
Free Cash Flow -18 52 61 26 -181 147 50 -167 -333 567 155 -1,048
CFO/OP 88% 143% 115% 78% -15% 108% 101% 106% 89% 206% 106% 28%

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 69 83 69 65 104 79 129 114 93 85 64 67
Inventory Days 68 96 71 83 88 72 104 87 68 56 74 90
Days Payable 116 165 119 120 148 124 193 176 143 144 141 104
Cash Conversion Cycle 21 14 21 28 44 27 40 25 17 -3 -4 53
Working Capital Days 37 34 -8 18 38 16 21 -30 -19 -39 -28 8
ROCE % 15% 14% 14% 16% 14% 17% 9% 8% 11% 10% 14% 10%

Insights

In beta
Mar 2015 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Number of Manufacturing Facilities
Count

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Room Air Conditioner (RAC) Market Share (by volume/capacity footprint)
%
Railway Wallet Share per Passenger Coach (Bill of Materials)
%
Actual Production - Split AC Indoor Units (IDU)
Units
Actual Production - Split AC Outdoor Units (ODU)
Units
Actual Production - Window Air Conditioners (WAC)
Units
Consumer Durable Revenue Mix - RAC (CBU) % of Division Revenue
%
Electronics Division Revenue Mix - PCBA Contribution
%
Railway Subsystems & Mobility Order Book
Rs. Crore
R&D Expenditure (Percentage of Turnover)
% ・Standalone data

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
40.32% 40.31% 40.31% 40.31% 39.87% 39.79% 39.72% 39.72% 39.65% 38.22% 38.19% 38.17%
24.20% 29.69% 28.29% 25.98% 28.42% 26.39% 28.56% 27.05% 28.59% 30.61% 26.98% 23.96%
12.66% 13.07% 14.67% 15.83% 15.73% 17.80% 19.11% 19.42% 17.82% 20.20% 23.86% 27.92%
22.84% 16.91% 16.73% 17.87% 15.99% 16.02% 12.60% 13.81% 13.95% 10.98% 10.97% 9.96%
No. of Shareholders 97,34481,40778,14489,14590,72596,9871,25,3741,38,6511,32,9071,15,6471,20,7261,16,560

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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