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Amber Enterprises India Ltd share Price Today

Company details

3,850.00
3,965.55
1,762.50
4,614.20
6M Return 36.24%
1Y Return 104.87%
Mkt Cap.(Cr) 13,079.17
Volume 89,083
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 89,083

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Profitability shows recovery…
About The Stock

    Amber is a leading solution provider for air conditioner OEM/ODM industry in India.

    ·       The company has a product portfolio including RACs, RAC components and other non AC components

     

    ·       Derives ~50% of its revenues from RACs and the rest from components and mobility applications

    Higher input cost drags margins…

     

Q4FY22 Results

    Component business drove topline, higher input cost dragged margin.

    • Revenue was up 21% YoY to ~₹ 1937 crore led by 38% growth in component & mobility business to ₹ 935 crore. RAC segment revenue grew, albeit at a slow pace of 9% YoY to ₹ 1002 crore
    • The EBITDA margin declined 236 bps YoY to 6.5% due to higher raw material costs and employee costs (up 44% YoY)
    • PAT down 22% YoY to ~₹ 59 crore, tracking lower margin

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Research view on more stocks

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).
 

 

 

Result PDF

View Other Company Results

Amber Enterprises India Ltd shares SWOT Analysis

Strengths (8)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (3)

  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Declining Net Cash Flow : Companies not able to generate net cash
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (2)

  • Negative to Positive growth in Sales and Profit with Strong Price momentum
  • Highest Recovery from 52 Week Low

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 3,948.2
R2 4,014.7
R3 4,063.8
Pivot

3,899.10

S1 3,832.7
S2 3,783.6
S3 3,717.1
EMA SMA
3,972.3
3,764.2
3,461.1
3,085.4
4,141.7
3,693.7
3,381.2
2,911.9
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
FRANKLIN TEMPLETON MUTUAL FUND Bulk Purchase 2023-10-23 2820 200000 NSE
GOVERNMENT OF SINGAPORE Bulk Purchase 2023-08-25 2800 725239 NSE
ASCENT INVESTMENT HOLDINGS PTE.LIMITED. Bulk Sell 2023-08-25 2800 1260552 NSE
Name Category Shares
JASBIR SINGH PROMOTER 20.95%
DALJIT SINGH PROMOTER 18.03%
KARTAR SINGH PROMOTER 1.29%

OUR RESEARCH VIEW

Investment recommendation
Profitability shows recovery…
Call Date
18 May 2023
Entry Price 2,145.00
Target Price 2,430.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Amber Enterprises India Ltd Stocks COMPARISON

Financials( in Cr) Amber Enterprises India Ltd Havells India Ltd Dixon Technologies (India) Ltd Voltas Ltd Blue Star Ltd
Price 3,881.75 1,429.50 6,867.50 1,095.05 1,293.75
% Change -0.19 -0.17 1.34 -0.31 1.26
Mcap Cr 13,079.17 89,584.33 41,076.58 36,233.56 26,601.44
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 92.00 75.73 116.29 129.60 74.19
1 Year Return 104.87 18.96 159.72 19.78 78.27
ROCE 10.54 21.93 23.60 9.54 23.89
ROE 8.99 16.97 22.36 4.46 23.42
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,908.77 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 20,723.19 -6,502.89
LAST 3M 66,180.77 -17,307.33
LAST 6M 122,948.47 10,455.52
LAST 12M 182,040.92 177,457.32
Amber Enterprises India Limited - Updates

Feb 23, 2024 l NSE Announcement

Shivaliks Mercantile acquires 34.59% stake in Titagarh Firema SpA

Feb 22, 2024 l BSE Announcement

Amber Enterprises India Limited - Acquisition

Feb 22, 2024 l NSE Announcement

Date Action Type Ratio
No data found

Amber Enterprises India Ltd Information

Stock PE (TTM)
92
Promoter Holding
40.31%
Book Value
580.5538
ROCE
10.54%
ROE
8.99%
Registered Address

C 1 Phase II Focal Point, Rajpura Town, Rajpura, Punjab, 140401

Tel : 91-1762-232126
Email : info:ambergroupindia.com
Website : http://www.ambergroupindia.com
Registrar

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 Shares

You 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 Feb 23, 2024 03:55 PM the closing price of Amber Enterprises India Ltd was ₹ 3,881.75.

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 Feb 23, 2024 03:55 PM, the market cap of Amber Enterprises India Ltd stood at ₹ 13,079.17.

The latest PE ratio of Amber Enterprises India Ltd as of Feb 23, 2024 03:55 PM is 92

The latest PB ratio of Amber Enterprises India Ltd as of Feb 23, 2024 03:55 PM is 0.15

The 52-week high of Amber Enterprises India Ltd is ₹ 4,614.20 while the 52-week low is ₹ 1,762.50

According to analyst recommendations, Amber Enterprises India Ltd has a “Buy” rating for the long term.

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