Amber Enterprises India Ltd. (AMBER) AI Stock Analysis

• Market Cap: ₹274.52B
• Dividend Yield: N/A
• Average Volume (3M): 18.45K
• Price to Earnings (P/E): 96.1
• Beta (1Y): 0.77
• Revenue Growth: 34.17%
• EPS Growth: 20.13%
• Country: IN
• Employees: 1,646
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): -9.43
• Shares Outstanding: 35,148,940
• 10 Day Avg. Volume: 8,597
• 30 Day Avg. Volume: 18,452
• PEG Ratio: 1.16
• Price to Book (P/B): 10.23
• Price to Sales (P/S): 2.34
• P/FCF Ratio: 171.77
• 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: ₹9,491.00
• Price Target Upside: 30.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹7,593.00 ▲(4.64% Upside)

Amber Enterprises' strong financial performance is the primary driver of its score, reflecting robust revenue and profit growth. However, the technical analysis indicates bearish momentum, and the high P/E ratio suggests overvaluation, both of which weigh down the overall score.

Amber Enterprises India Ltd. Business Overview & Revenue Model

Company Description

Amber Enterprises India Ltd. (AMBER) is a leading manufacturer and provider of air conditioning and refrigeration solutions in India. The company operates primarily in the HVAC (Heating, Ventilation, and Air Conditioning) sector, specializing in the production of components such as air conditioners, refrigerators, and related assemblies. With a focus on innovation and quality, AMBER serves a diverse range of customers, including original equipment manufacturers (OEMs) and end consumers, positioning itself as a key player in the Indian climate control industry.

How the Company Makes Money

Amber Enterprises India Ltd. generates revenue primarily through the manufacturing and sale of air conditioning and refrigeration products. The company has multiple revenue streams, including the sale of complete air conditioning units, components, and after-sales services. Key revenue drivers include partnerships with major brands in the HVAC space, where AMBER supplies essential components for their products. Additionally, the company benefits from increasing demand for energy-efficient and environmentally friendly cooling solutions, which further enhances its market presence and profitability. Significant partnerships with leading OEMs allow AMBER to secure a steady flow of orders, contributing to its overall revenue growth.

Amber Enterprises India Ltd. Financial Statement Overview

Summary

Amber Enterprises shows strong financial health with robust revenue and profit growth. The company has improved profitability and operational efficiency, although increased leverage poses some financial risk. Cash flow generation is solid, but careful management of cash reserves is advisable.

Income Statement

Amber Enterprises has demonstrated robust revenue growth with a significant increase from the previous year, indicating strong market demand and competitive positioning. The gross profit margin improved to 17.93%, suggesting effective cost management and pricing strategies. Net profit margin also saw a substantial increase to 2.44%, reflecting improved profitability. The EBIT and EBITDA margins have risen, indicating enhanced operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has increased slightly, reflecting a higher level of leverage, which could pose financial risk if not managed properly. However, the return on equity improved to 10.65%, demonstrating effective use of shareholders' capital. The equity ratio stands at 27.12%, suggesting a moderate reliance on debt financing.

Cash Flow

Free cash flow growth was positive, signaling better cash generation from operations. The operating cash flow to net income ratio is favorable, indicating strong cash earnings relative to accounting profits. However, the free cash flow to net income ratio shows room for improvement, suggesting potential pressure on cash reserves.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	110.21B	99.73B	67.29B	69.27B	42.06B	30.31B
Gross Profit	18.39B	17.23B	11.86B	10.25B	6.56B	5.02B
EBITDA	7.72B	7.15B	4.42B	4.11B	2.49B	2.02B
Net Income	2.75B	2.44B	1.33B	1.57B	1.09B	815.92M
Balance Sheet
Total Assets	0.00	84.28B	65.93B	62.43B	49.12B	35.87B
Cash, Cash Equivalents and Short-Term Investments	10.44B	10.44B	7.98B	7.51B	6.82B	3.43B
Total Debt	0.00	20.59B	15.39B	14.55B	10.69B	3.99B
Total Liabilities	-23.10B	61.18B	44.77B	42.89B	31.40B	19.46B
Stockholders Equity	23.10B	22.86B	20.64B	19.09B	17.34B	16.04B
Cash Flow
Free Cash Flow	0.00	1.36B	5.53B	-3.42B	-1.64B	364.17M
Operating Cash Flow	0.00	7.11B	9.65B	3.21B	2.50B	2.21B
Investing Cash Flow	0.00	-9.53B	-10.35B	-4.89B	-6.98B	-4.81B
Financing Cash Flow	0.00	3.23B	-1.22B	1.93B	5.55B	3.70B

Amber Enterprises India Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 7256.15
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AMBER, the sentiment is Negative. The current price of 7256.15 is below the 20-day moving average (MA) of 7711.69, below the 50-day MA of 8006.51, and above the 200-day MA of 7076.74, indicating a neutral trend. The MACD of -228.42 indicates Positive momentum. The RSI at 36.63 is Neutral, neither overbought nor oversold. The STOCH value of 65.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AMBER.

Amber Enterprises India Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SHRIPISTON	76 Outperform	₹120.15B	22.25	―	0.37%	14.43%	15.60%
MINDACORP	69 Neutral	₹141.50B	54.72	―	0.23%	12.99%	2.43%
JBMA	62 Neutral	₹153.65B	73.72	―	0.14%	7.63%	11.25%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
AMBER	60 Neutral	₹274.52B	96.09	―	―	34.17%	20.13%
EXIDEIND	58 Neutral	₹322.66B	38.05	―	0.53%	2.19%	-5.70%
SAPPHIRE	50 Neutral	₹91.61B	-11,976.89	―	―	10.18%	-104.25%

Amber Enterprises India Ltd. Corporate Events

Amber Enterprises Releases QIP Utilization Report for Q3 2025

Amber Enterprises India Ltd. has released a Monitoring Agency Report for the quarter ending September 30, 2025, detailing the utilization of proceeds from a Qualified Institutions Placement (QIP) amounting to Rs. 1,000 crore. The report, issued by CARE Ratings Limited, has been reviewed by the Audit Committee and the Board of Directors, highlighting the company’s compliance with SEBI regulations and its commitment to transparency in financial operations.

Amber Enterprises Releases Q2 & H1 FY26 Financial Results

Amber Enterprises India Ltd. has released an investor presentation detailing its unaudited financial results for the quarter and half-year ending September 30, 2025. This announcement, which adheres to SEBI’s disclosure regulations, is significant for stakeholders as it provides insights into the company’s financial performance and strategic direction, potentially impacting its market position and investor relations.

Amber Enterprises Schedules Earnings Call for Q2 & H1 FY26 Results

Amber Enterprises India Ltd. has announced an upcoming earnings call scheduled for November 7, 2025, to discuss its unaudited financial results for the second quarter and half-year ending September 30, 2025. This call will provide insights into the company’s operational and financial performance, potentially impacting its market positioning and offering stakeholders a detailed view of its financial health.

Amber Enterprises Announces Trading Window Closure

Amber Enterprises India Ltd. has announced the closure of its trading window in compliance with SEBI regulations, effective from October 1, 2025, until 48 hours after the release of its unaudited financial results for the quarter and half-year ending September 30, 2025. This measure is aimed at preventing insider trading by restricting the designated persons and insiders from dealing in the company’s equity shares during this period.

Amber Enterprises Executes Transaction Agreements with ILJIN

Amber Enterprises India Ltd. has announced the execution of definitive transaction agreements with its material subsidiary, ILJIN Electronics (India) Private Limited, and other investors. The agreements involve the issuance of 8,45,092 Compulsorily Convertible Preference Shares (CCPS) by ILJIN to raise Rs. 550 Crores for the company’s organic and inorganic growth in the electronics segment. This transaction will result in a reduction of Amber’s shareholding in ILJIN, with further details on the impact to be disclosed after the conversion of CCPS.

Amber Enterprises Boosts Capital Through Successful Equity Placement

Amber Enterprises India Ltd. has successfully completed a Qualified Institutions Placement, issuing 1,257,861 equity shares at a price of Rs. 7,950 per share, raising approximately Rs. 99,999.95 lakhs. This move increases the company’s paid-up equity share capital and strengthens its financial position, potentially enhancing its market competitiveness and operational capabilities.

Amber Enterprises Expands Global Reach with ILJIN Acquisition

Amber Enterprises India Ltd. announced that its material subsidiary, IL JIN Electronics (India) Private Limited, has acquired a 100% equity stake in ILJIN Holding Ltd, making it a wholly owned subsidiary. This acquisition is part of ILJIN’s strategy to establish a Special Purpose Vehicle (SPV) to facilitate its international investments and acquisitions, potentially enhancing Amber’s global market positioning and investment capabilities.

ILJIN Electronics Secures ₹1,200 Crore for Expansion and Growth

ILJIN Electronics India Pvt Ltd, a subsidiary of Amber Enterprises, has secured ₹1,200 crore in funding from ChrysCapital and InCred Growth Partners Fund I to expand its operations and enhance its manufacturing capabilities. This investment marks ILJIN’s first external institutional capital raise and will support its strategic growth initiatives, including advanced facilities and technology acquisition, aligning with India’s self-reliance goals in electronics. The funding is expected to bolster ILJIN’s market position and facilitate strategic acquisitions, contributing to its growth in sectors such as battery energy storage systems, EV chargers, and industrial automation.

Amber Enterprises Executes Strategic Investment Agreements with ILJIN

Amber Enterprises India Ltd. has announced the execution of definitive transaction agreements with its material subsidiary, ILJIN Electronics (India) Private Limited, and several investors. This agreement involves the issuance of equity shares and compulsorily convertible preference shares to raise Rs. 1100 crore, which will be used to support the company’s growth in the electronics segment. As a result of this transaction, Amber’s shareholding in ILJIN will be reduced, indicating a strategic move to enhance its financial capabilities and market positioning.

Amber Enterprises Executes Key Transaction Agreements for Growth

Amber Enterprises India Ltd. has executed definitive transaction agreements with its material subsidiary, ILJIN Electronics (India) Private Limited, and other parties, including investors. These agreements involve the issuance of 153,653 Compulsorily Convertible Preference Shares (CCPS) by ILJIN to raise Rs. 100 crore for the growth of its electronics segment. This transaction will result in a reduced shareholding percentage for Amber in ILJIN, impacting the company’s subsidiary structure and potentially altering its market positioning.

Amber Enterprises Announces Auditor Change for Subsidiary

Amber Enterprises India Ltd. has announced a change in auditors for its material step-down subsidiary, Ascent Circuits Private Limited. The Board of Directors has accepted the resignation of M/s Gowthama & Company and appointed M/s S.R. Batliboi & Co. LLP as the new statutory auditor. This change is expected to be ratified by the shareholders at an upcoming Extraordinary General Meeting. The appointment aims to fill the vacancy and ensure continuity in auditing services, potentially impacting the company’s governance and stakeholder confidence.