Amber Enterprises India
- Market cap
- ₹ 21,190 Cr.
- P/E
- 102.6x
- P/B
- 4.97x
- 52-week range
- 5,400.5 – 8,974
- ROE
- 6%
- ROCE
- 10%
- Dividend yield
- 0%
- Debt / equity
- 0.62
- Sector
- Consumer Durables
- Industry
- Household Appliances
- Listed on
- NSE, BSE
About
Amber Enterprises India Limited is engaged in the manufacturing of consumer durable products. The Company is a manufacturer of room air conditioners and its components for the original equipment manufacturer (OEM) /original design manufacturer (ODM) industry, including scrap. Its segments include consumer durables, electronics and railway subsystem & defense. Its business division includes consumer durable, mobility, and electronics. Its consumer durable offers room air conditioner (RAC) products and heating, ventilation, and air conditioning (HVAC) components. It manufactures all types of room and mobile air conditioners and its components, such as heat exchangers, motors, multi-flow condensers, sheet metal components, copper tubing, plastic extrusion, vacuum forming and injection molding for OEM/ ODM industries in India. It also manufactures non-air conditioner components such as case liners for refrigerators, plastic extrusion sheets, and sheet metal components for microwaves.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Household Appliances: 26 companies →Amber Enterprises India against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)102.6 against a typical 33.3: pricier than most peers (1st = cheapest).22nd of 26
- Sales growth+12.7% against a typical +16.3% from a year earlier.20th of 26
- Profit growth−97.1% against a typical +39.1% from a year earlier.22nd of 25
- Share price, 3 months−18.6% against a typical −13.6%.16th of 26
- Size₹ 21,190.3 Cr. market value against a typical ₹ 3,242.3 Cr. (1st = largest).4th of 23
Latest announcements
Exchange filings and their impact on the company.
- IL JIN to take Power-One to 100% via Rs 176 cr cash-free share swap, adding small EPS accretion.
IL JIN Electronics, a material subsidiary of Amber Enterprises, will acquire the balance 40% stake (1,75,680 shares) in Power-One Micro Systems to make it a 100% owned subsidiary. The deal is a cash-free share swap: IL JIN will issue 1,76,000 CCPS A3 at Rs 10,000 each (Rs 176 crore) to the sellers. Power-One, which makes solar inverters, UPS, battery storage and EV chargers, had turnover of Rs 270 crore in FY26, up from Rs 231 crore in FY25.
- IL JIN to take Ascent Circuits to 100% via Rs 13.1 cr non-cash share swap with no change to consolidated sales.
IL JIN Electronics, a material subsidiary of Amber Enterprises, signed a share swap on 18 Oct 2026 to buy the balance 1.5% (23,401 shares) of Ascent Circuits from Manju Thomas. It will issue 13,120 CCPS at Rs 10,000 each (Rs 13.12 crore) as non-cash consideration, with completion in 10 business days. Ascent, a PCB maker with FY26 turnover of Rs 401.87 crore, will then become a 100% subsidiary of IL JIN and Amber.
- Amber appoints EMS veteran Satendra Singh as CEO of material subsidiary IL JIN for five years in an orderly transition.
Amber Enterprises said its material subsidiary IL JIN Electronics (India) appointed Satendra Singh as Chief Executive Officer and Whole-Time Director for five years from 16 October 2026. Singh is a 35-year electronics manufacturing veteran, ex-CEO of Syrma SGS Technology and former senior leader at Nokia and Flex. Outgoing Whole-Time Director Sanjay Kumar Arora stepped down due to an inter-group role change but will continue with the group to provide strategic guidance.
- Amber sets up a wholly-owned unit to make mobile phones, a small near-term cost but a new long-term growth vertical.
Amber Enterprises has incorporated a wholly owned subsidiary, Amber Digital Technologies Private Limited, on 18 September 2026 to manufacture mobile phones. The initial investment is only Rs 1 lakh for 100% shareholding, with no plant, capex or customer details disclosed. It marks Amber's strategic entry into mobile electronics manufacturing, with meaningful revenue likely only after a new facility is built.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA- by 2 agencies- All agencies agree and none has raised a warning.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| ICRA | [ICRA]AA- | Stable | 15 Dec 2025 |
| CRISIL | Crisil AA- | Positive | 10 Dec 2025 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 15 Dec 2025 | Reaffirmed | [ICRA]AA- | — | ICRA | ₹ 2,165 Cr. | |
| 10 Dec 2025 | Reaffirmed | Crisil AA- | — | CRISIL | ₹ 3,252 Cr. | |
| 20 Nov 2025 | Rating action | Crisil AA- | — | CRISIL | ₹ 3,252 Cr. | |
| 9 Sep 2025 | Reaffirmed | [ICRA]AA- | — | ICRA | ₹ 765 Cr. | |
| 6 Aug 2025 | Rating action | [ICRA]AA- | — | ICRA | ₹ 765 Cr. |
Research by Minerva Capital Research Solutions
Our research team's work on Amber Enterprises IndiaAlso covered in
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 13 Aug 2026 | Financial Results | To consider and approve the unaudited financial results of the Company for the quarter ended 30th June 2026. |
| 15 May 2026 | Financial Results | Pursuant to Regulation 29 and other applicable provisions of the SEBI (LODR) Regulations, we wish to inform the exchange that a meeting of the Board of Directors of the Company is scheduled to be held on Friday, 15th May 2026, inter alia, to consider and approve the Audited Financial Results (Standalone and Consolidated) of the Company, for the quarter and financial year ended 31st March, 2026. |
| 9 Feb 2026 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and nine months ended 31st December, 2025. |
| 6 Nov 2025 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter and half year ended 30th September, 2025. |
| 29 Jul 2025 | Financial Results | To consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30 June 2025 |
| 12 Jul 2025 | Fund Raising | To consider and approve an enabling resolution for raising funds upto Rs. 2500 Crore, by way of issue of any permissible securities, subject to approval of the shareholders in the ensuing 35th Annual General Meeting of the Company. |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 927 | 1,295 | 2,805 | 2,401 | 1,685 | 2,133 | 3,754 | 3,449 | 1,647 | 2,943 | 4,148 | 3,888 |
| Expenses | 868 | 1,216 | 2,586 | 2,211 | 1,574 | 1,984 | 3,472 | 3,199 | 1,563 | 2,705 | 3,856 | 3,576 |
| Operating Profit | 60 | 79 | 220 | 191 | 111 | 150 | 282 | 250 | 84 | 237 | 291 | 312 |
| OPM % | 6.4% | 6.1% | 7.8% | 7.9% | 6.6% | 7% | 7.5% | 7.2% | 5.1% | 8.1% | 7% | 8% |
| Other Income | 13 | 5 | 18 | 21 | 18 | 16 | 19 | 30 | 16 | −48 | 84 | −75 |
| Interest | 37 | 37 | 48 | 52 | 49 | 54 | 55 | 63 | 77 | 79 | 65 | 85 |
| Depreciation | 45 | 47 | 51 | 55 | 57 | 59 | 58 | 62 | 70 | 91 | 99 | 108 |
| Profit before tax | −9 | 0 | 138 | 104 | 24 | 53 | 189 | 154 | −48 | 19 | 211 | 43 |
| Tax % | −40.4% | 270% | 28.2% | 28.5% | 11.2% | 30.5% | 37.2% | 31.3% | −32.7% | 150.4% | 23.4% | 92.9% |
| Net Profit | −6 | −1 | 99 | 75 | 21 | 37 | 118 | 106 | −32 | −9 | 162 | 3 |
| EPS in Rs | −2.06 | −0.14 | 28.1 | 21.48 | 5.69 | 10.61 | 34.32 | 30.66 | −9.35 | −7.74 | 38.04 | 6.31 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 27%
- 5 Years
- 32%
- 3 Years
- 21%
- TTM
- 15%
- 10 Years
- 23%
- 5 Years
- 18%
- 3 Years
- 7%
- TTM
- −25%
- 10 Years
- —
- 5 Years
- 21%
- 3 Years
- 36%
- TTM
- —
- 10 Years
- 8%
- 5 Years
- 8%
- 3 Years
- 8%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Amber Enterprises India | ₹ 6,205.00 | ₹ 21,190 Cr. | 102.6x | 5x | 6% | — |
| Bharat Heavy Electricals | ₹ 387.00 | ₹ 1,34,756 Cr. | 92.4x | 5.6x | — | 6.8% |
| Suzlon Energy | ₹ 37.40 | ₹ 51,409 Cr. | 22.8x | 7.5x | 40.6% | 19% |
| Thermax | ₹ 3,095.60 | ₹ 36,999 Cr. | 73.4x | 10x | 13.7% | 6.7% |
| Voltas | ₹ 950.00 | ₹ 31,434 Cr. | 112.5x | 7x | 5.8% | 3.5% |
| AIA Engineering | ₹ 3,588.70 | ₹ 33,490 Cr. | 34.1x | 5.4x | 17% | 28.7% |
Management
- Jasbir Singh
- Executive Chairman of the Board, Chief Executive Officer
- Sudhir Goyal
- Chief Financial Officer
- Sanjay Arora
- Chief Executive Officer - Electronics Division
- Udaiveer Singh
- Chief Executive Officer - Mobility Division
- Konica Yadav
- Chief Compliance Officer, Company Secretary
- Daljit Singh
- Managing Director, Executive Director
- Sachin Gupta
- Whole Time Director, Chief Executive Officer - RAC and CAC Division
Prices are delayed and for information only. Nothing on this page is investment advice.