Amber is a leading solution provider for air conditioner OEM/ODM industry in India.
New customer additions across divisions drives topline.
Consumer Electronics company Amber Enterprises India announced Q2FY24 results:
1. Financial Performance
- Revenue for Q2FY24 increased by 24% to Rs 927 crores compared to the same quarter last year.
- Operating EBITDA for Q2FY24 improved to Rs 65 crores, showing an increase of 25%.
- Despite weak demand in the Room Air Conditioner (RAC) segment due to unseasonal weather patterns, margins improved during the quarter.
2. Product Mix and Contribution
- RAC finished goods contributed 40% to the consolidated revenue.
- Non-RAC components category improved to 39% of the revenue.
3. Business Diversification
- The company has diversified its offerings beyond RAC to include solutions for home appliances, consumer electronics, wearables, hearables, telecom, and automobile segments.
- A joint venture with Nexxbase Marketing Private Limited has been formed to undertake manufacturing, assembling, and designing of wearables and smart electronics products.
4. Mobility Segment
- Sidwal, a subsidiary of Amber Enterprises, is expanding its footprint in the mobility HVAC industry and is now venturing into railway sub-systems space by adding products such as doors, gangways, and pantry systems.
- Sidwal provided HVAC systems for the recently inaugurated new RRTS (to be known as Namo Bharat).
| Financials( ₹ in Cr) | Amber Enterprises India Ltd | Havells India Ltd | Dixon Technologies (India) Ltd | Voltas Ltd | Blue Star Ltd |
|---|---|---|---|---|---|
| Price | 3,646.20 | 1,501.70 | 7,531.95 | 1,300.55 | 1,422.45 |
| % Change | 1.57 | 0.54 | 0.45 | 0.69 | 1.25 |
| Mcap ₹ Cr | 12,285.51 | 94,108.99 | 45,057.63 | 43,033.25 | 29,247.71 |
| Revenue TTM ₹ Cr | 6,927.10 | 16,910.73 | 12,192.01 | 9,498.77 | 7,977.32 |
| Net Profit TTM ₹ Cr | 163.78 | 1,071.73 | 255.08 | 136.22 | 400.69 |
| PE TTM | 86.41 | 79.60 | 127.57 | 153.90 | 81.61 |
| 1 Year Return | 96.40 | 24.11 | 153.01 | 55.73 | 94.30 |
| ROCE | 10.54 | 21.93 | 23.60 | 9.54 | 23.89 |
| ROE | 8.99 | 16.97 | 22.36 | 4.46 | 23.42 |
Equity Capital: 1,908.77 Cr FV: 10.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 24,289.49 | -9,580.22 |
| LAST 3M | 82,644.28 | 34,986.47 |
| LAST 6M | 142,142.07 | 66,572.41 |
| LAST 12M | 216,755.16 | 194,314.28 |
| Date | Action Type | Ratio |
|---|---|---|
| No data found |
C 1 Phase II Focal Point, Rajpura Town, Rajpura, Punjab, 140401
| Tel | : | 91-1762-232126 |
| : | info:ambergroupindia.com | |
| Website | : | http://www.ambergroupindia.com |
KFin Techologies Ltd
| AGM Date (Month) | : | Aug |
| Face Value Equity Shares | : | 10 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 540902 |
| NSE Code | : | AMBER |
| Book Closure Date (Month) | : | Jul/Aug |
| BSE Group | : | A |
| ISIN | : | INE371P01015 |
FAQ’s on Amber Enterprises India Ltd SharesYou can buy Amber Enterprises India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Amber Enterprises India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Apr 19, 2024 03:55 PM the closing price of Amber Enterprises India Ltd was ₹ 3,646.20.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Apr 19, 2024 03:55 PM, the market cap of Amber Enterprises India Ltd stood at ₹ 12,285.51.
The latest PE ratio of Amber Enterprises India Ltd as of Apr 19, 2024 03:55 PM is 86.41
The latest PB ratio of Amber Enterprises India Ltd as of Apr 19, 2024 03:55 PM is 0.16
The 52-week high of Amber Enterprises India Ltd share price is ₹ 4,614.20 while the 52-week low is ₹ 1,805.55
According to analyst recommendations, Amber Enterprises India Ltd Share has a “Buy” rating for the long term.
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