Amber Enterprises India

NSE: AMBERBSE: 540902
Compare with peers
₹ 6,205.00▲ 175 (+2.9%)28 Oct, 03:28 pm IST
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.

  • 18 Oct 2026AgreementsLow impactPositivePrice −2.1% on 19 Oct
    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.

    Filing
  • 18 Oct 2026AgreementsLow impactPositivePrice −2.1% on 19 Oct
    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.

    Filing
  • 17 Oct 2026General UpdatesLow impactPositivePrice −2.1% on 19 Oct
    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.

    Filing
  • 6 Oct 2026AcquisitionLow impactPositivePrice +4.3% that day
    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.

    Filing

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
AA-
DefaultRiskyModerateSafeVery safe
  • All agencies agree and none has raised a warning.
AgencyCurrent ratingOutlookAs of
ICRA[ICRA]AA-Stable15 Dec 2025
CRISILCrisil AA-Positive10 Dec 2025
Credit rating actions
RatingDetails
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 India

Also covered in

Sector note · 19 Dec 2025 · Free

Board meetings

Results dates and other board meetings. Full calendar

Details
13 Aug 2026Financial ResultsTo consider and approve the unaudited financial results of the Company for the quarter ended 30th June 2026.
15 May 2026Financial ResultsPursuant 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 2026Financial ResultsTo 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 2025Financial ResultsTo 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 2025Financial ResultsTo consider and approve the Unaudited Financial Results (Standalone and Consolidated) of the Company for the quarter ended 30 June 2025
12 Jul 2025Fund RaisingTo 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.

Share price

1M change −11.23%
1 of 2 filing days came with a big price moveBiggest +4.3% on 6 Oct 2026AI reading matched the move 1 of 1
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales9271,2952,8052,4011,6852,1333,7543,4491,6472,9434,1483,888
Expenses8681,2162,5862,2111,5741,9843,4723,1991,5632,7053,8563,576
Operating Profit607922019111115028225084237291312
OPM %6.4%6.1%7.8%7.9%6.6%7%7.5%7.2%5.1%8.1%7%8%
Other Income13518211816193016−4884−75
Interest373748524954556377796585
Depreciation4547515557595862709199108
Profit before tax−901381042453189154−481921143
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−6−199752137118106−32−91623
EPS in Rs−2.06−0.1428.121.485.6910.6134.3230.66−9.35−7.7438.046.31

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
27%
5 Years
32%
3 Years
21%
TTM
15%
Compounded Profit Growth
10 Years
23%
5 Years
18%
3 Years
7%
TTM
−25%
Stock Price CAGR
10 Years
—
5 Years
21%
3 Years
36%
TTM
—
Return on Equity
10 Years
8%
5 Years
8%
3 Years
8%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
38.09%
−1.56 pts in a year
FIIs
20.47%
−8.12 pts in a year
DIIs
30.54%
+12.72 pts in a year
Public
10.88%
−3.07 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 102.6xEPS (12 months) ₹ 58.57Median P/E 90x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Amber Enterprises India₹ 6,205.00₹ 21,190 Cr.102.6x5x6%—
Bharat Heavy Electricals₹ 387.00₹ 1,34,756 Cr.92.4x5.6x—6.8%
Suzlon Energy₹ 37.40₹ 51,409 Cr.22.8x7.5x40.6%19%
Thermax₹ 3,095.60₹ 36,999 Cr.73.4x10x13.7%6.7%
Voltas₹ 950.00₹ 31,434 Cr.112.5x7x5.8%3.5%
AIA Engineering₹ 3,588.70₹ 33,490 Cr.34.1x5.4x17%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.