Amber Enterprises India Ltd. (AMBER) AI Stock Analysis

• Market Cap: ₹289.81B
• Dividend Yield: N/A
• Average Volume (3M): 18.45K
• Price to Earnings (P/E): 101.4
• Beta (1Y): 0.78
• Revenue Growth: 48.36%
• EPS Growth: 71.59%
• Country: IN
• Employees: 1,646
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Furnishings, Fixtures & Appliances
• EPS (TTM): N/A
• 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: ₹8,487.43
• Price Target Upside: -0.51% Downside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 7

• Rating: 66 Neutral
• Price Target: ₹8,897.00 ▲(4.29% Upside)

Amber Enterprises' strong financial performance is the primary driver of its stock score, supported by robust revenue and profit growth. However, the high P/E ratio suggests overvaluation, which, along with neutral technical indicators, tempers the overall score.

Amber Enterprises India Ltd. Business Overview & Revenue Model

Company Description

Amber Enterprises India Limited provides solutions to air conditioner OEM/ODM industries in India. It designs and manufactures a range of room air conditioners (RACs), including window air conditioners, indoor units, and outdoor units of split air conditioners; and inverter RACs. The company also offers functional components of RACs, such as heat exchangers, motors, and multi-flow condensers; and other RAC components comprising sheet metal components, copper tubing, plastic extrusion, vacuum forming, and injection molding components. In addition, it manufactures components for other consumer durables and automobiles, such as case liners for refrigerators and plastic extrusion sheets; sheet metal components for microwave; and washing machine tub assemblies, as well as products for automobiles and metal ceiling industries. Further, the company provides mobile air conditioners for railway, metro, bus, and defense and telecommunication industries, as well as printed circuit board assemblies. The company also exports its products. Amber Enterprises India Limited was incorporated in 1990 and is based in Gurugram, India.

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 its gross and net profit margins, indicating effective cost management and operational efficiency. However, the increased leverage on the balance sheet suggests a need for careful debt management.

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: Positive
• Last Price: 8531.15
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AMBER, the sentiment is Positive. The current price of 8531.15 is above the 20-day moving average (MA) of 8270.53, above the 50-day MA of 7965.98, and above the 200-day MA of 7037.90, indicating a bullish trend. The MACD of 103.53 indicates Negative momentum. The RSI at 65.62 is Neutral, neither overbought nor oversold. The STOCH value of 83.09 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	―	₹118.01B	22.48	―	0.37%	14.52%	15.10%
MINDACORP	―	₹135.95B	52.58	―	0.25%	10.08%	4.16%
AMBER	―	₹289.81B	101.44	―	―	48.36%	71.59%
JBMA	―	₹153.59B	74.81	―	0.13%	7.18%	12.78%
Sector *	―	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
EXIDEIND	―	₹330.56B	38.98	―	0.53%	3.17%	-3.03%
SAPPHIRE	―	₹92.82B	1,050.46	―	―	10.18%	-104.25%

Amber Enterprises India Ltd. Corporate Events

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.

Amber Enterprises Expands Global Reach with Unitronics Acquisition

Amber Enterprises India Ltd. has announced that its subsidiary, ILJIN Electronics, has entered into definitive agreements to acquire approximately 40.24% of Unitronics, an Israeli company specializing in industrial automation products. This acquisition will result in ILJIN and Mr. Haim Shani holding a controlling stake of approximately 45.13% in Unitronics, which will be classified as a subsidiary of ILJIN. This strategic move is expected to enhance Amber’s market positioning in the industrial automation sector and expand its global footprint.

Amber Enterprises’ Subsidiary ILJIN Acquires Stake in Unitronics

Amber Enterprises India Ltd. has announced that its material subsidiary, ILJIN Electronics (India) Private Limited, has executed definitive agreements to acquire approximately 40.24% of Unitronics, an Israeli company specializing in industrial automation products. This acquisition will result in ILJIN and its partner holding a controlling stake of 45.13% in Unitronics, positioning it as a subsidiary of ILJIN and potentially enhancing Amber Enterprises’ market presence in the industrial automation sector.

Amber Enterprises Acquires Controlling Stake in Israeli Firm Unitronics

Amber Enterprises India Ltd., through its subsidiary IL JIN Electronics, has entered into definitive agreements to acquire a controlling stake in Unitronics (1989) Ltd., an Israeli company specializing in industrial automation and control systems. This strategic acquisition is expected to enhance Amber’s operational synergies, accelerate innovation, and strengthen its market position in India and globally, particularly in the US and European markets, amid growing demand for Industry 4.0 solutions.