Amber Enterprises India Ltd. (IN:AMBER)
:AMBER
Want to see IN:AMBER full AI Analyst Report?
Top Page
Amber Enterprises India Ltd.
(AMBER)
Select Model
Select Model
Rating:47Neutral
Price Target:
₹7,441.00
▲(10.82% Upside)
Action:Reiterated
Date:05/22/26
The score is held down primarily by very weak FY2026 cash generation and deeply negative free cash flow, alongside a very high P/E valuation. Technicals also show near-term selling pressure (low RSI/Stoch), while revenue growth and improved leverage provide only partial support.
Positive Factors
Revenue Growth Momentum
Sustained top-line growth indicates robust demand for AMBER’s contract manufacturing services and increasing market penetration. Over a multi-month horizon, higher volumes help absorb fixed costs, support utilization of expanded capacity, and underpin longer-term negotiation leverage with suppliers and OEM customers.
Negative Factors
Severe Cash Flow Weakness
Sharp deterioration in cash conversion and a large negative free-cash-flow year create material funding and execution risk. Over 2–6 months this can force external borrowing, constrain working-capital cycles, delay strategic investments, and pressure supplier/credit terms, undermining operational stability.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth Momentum
Sustained top-line growth indicates robust demand for AMBER’s contract manufacturing services and increasing market penetration. Over a multi-month horizon, higher volumes help absorb fixed costs, support utilization of expanded capacity, and underpin longer-term negotiation leverage with suppliers and OEM customers.
Read all positive factors
Amber Enterprises India Ltd. (AMBER) vs. iShares MSCI India ETF (INDA)
Market Cap
₹259.07B
Dividend YieldN/A
Average Volume (3M)18.45K
Price to Earnings (P/E)129.7
Beta (1Y)1.26
Revenue Growth22.19%
EPS Growth-28.45%
CountryIN
Employees1,646
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)66.23
Shares Outstanding35,219,770
10 Day Avg. Volume8,597
30 Day Avg. Volume18,452
Financial Highlights & Ratios
PEG Ratio-4.34
Price to Book (P/B)5.27
Price to Sales (P/S)1.89
P/FCF Ratio-18.47
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹8,853.00Price Target Upside31.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)119.17
Revenue Forecast (FY)₹152.13B
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...
How the Company Makes Money
AMBER primarily makes money through business-to-business (B2B) contract manufacturing and component supply. A major revenue stream comes from manufacturing and assembling finished room air conditioners (including indoor/outdoor units and related s...
Amber Enterprises India Ltd. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
66
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 109.83B | 121.86B | 99.73B | 67.29B | 69.27B | 42.06B |
| Gross Profit | 16.76B | 14.57B | 17.23B | 11.86B | 10.25B | 6.56B |
| EBITDA | 7.66B | 9.52B | 7.15B | 4.42B | 4.11B | 2.49B |
| Net Income | 2.23B | 1.78B | 2.44B | 1.33B | 1.57B | 1.09B |
Balance Sheet | ||||||
| Total Assets | 91.44B | 137.67B | 84.28B | 65.93B | 62.43B | 49.12B |
| Cash, Cash Equivalents and Short-Term Investments | 9.70B | 4.66B | 10.44B | 7.98B | 7.51B | 6.82B |
| Total Debt | 27.93B | 27.02B | 20.59B | 15.39B | 14.55B | 10.69B |
| Total Liabilities | 53.80B | 79.63B | 61.18B | 44.77B | 42.89B | 31.40B |
| Stockholders Equity | 36.47B | 43.72B | 22.86B | 20.64B | 19.09B | 17.34B |
Cash Flow | ||||||
| Free Cash Flow | -12.17B | -12.48B | 1.36B | 5.53B | -3.42B | -1.64B |
| Operating Cash Flow | -7.72B | 468.36M | 7.11B | 9.65B | 3.21B | 2.50B |
| Investing Cash Flow | -8.32B | -31.44B | -9.53B | -10.35B | -4.89B | -6.98B |
| Financing Cash Flow | 18.45B | 29.46B | 3.23B | -1.22B | 1.93B | 5.55B |
Amber Enterprises India Ltd. Technical Analysis
Negative
6714.35
Price Trends
7417.36
Negative
7110.57
Positive
7356.53
Negative
Market Momentum
-42.48
Positive
43.48
Neutral
21.31
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 6714.35 is below the 20-day moving average (MA) of 8034.31, below the 50-day MA of 7417.36, and below the 200-day MA of 7356.53, indicating a bearish trend. The MACD of -42.48 indicates Positive momentum. The RSI at 43.48 is Neutral, neither overbought nor oversold. The STOCH value of 21.31 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹137.05B | 39.41 | ― | 0.23% | 22.33% | 42.69% | |
64 Neutral | ₹143.32B | 21.26 | ― | 0.31% | 25.61% | 9.11% | |
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% | |
61 Neutral | ₹288.91B | 28.65 | ― | 0.54% | 4.39% | 7.42% | |
57 Neutral | ₹149.43B | 41.02 | ― | 0.15% | 11.26% | 8.37% | |
54 Neutral | ₹58.17B | -152.03 | ― | ― | 8.45% | -266.35% | |
47 Neutral | ₹259.07B | 129.74 | ― | ― | 22.19% | -28.45% |
* Consumer Cyclical Sector Average
IN:AMBER
Amber Enterprises India Ltd.
7,355.80
928.55
14.45%
IN:EXIDEIND
Exide Industries Limited
339.90
-44.83
-11.65%
IN:JBMA
JBM Auto Limited
631.85
-98.37
-13.47%
IN:MINDACORP
Minda Corp. Ltd.
573.25
50.99
9.76%
IN:SAPPHIRE
Sapphire Foods India Ltd.
181.00
-142.80
-44.10%
IN:SHRIPISTON
Shriram Pistons & Rings Ltd.
3,253.60
862.87
36.09%
Amber Enterprises India Ltd. Corporate Events
Amber’s Subsidiary IL JIN Buys 16.6% Stake in MoMagic for Rs 20 Crore
Apr 3, 2026
Amber Enterprises India Ltd. has announced that its material subsidiary IL JIN Electronics (India) Pvt. Ltd. has completed the first tranche acquisition of a 16.60% equity stake in MoMagic Wireless Pvt. Ltd. The stake was acquired on 3 April 2026 ...
Amber Enterprises to Host Analyst and Investor Meet at Jhajjar Plant on 13 March 2026
Mar 5, 2026
Amber Enterprises India Ltd. has scheduled a group meeting with analysts and institutional investors on 13 March 2026 at its Jhajjar plant in Haryana, organised via Citi. The interaction will be based solely on publicly available information, with...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.