Amber Enterprises India Ltd
NSE: AMBER BSE: 540902
Amber Enterprises India Ltd incorporated in 1956, has a 23.6% share in the total Room Air Conditioner market [1] and is a prominent solution provider for the Air conditioner OEM/ODM Industry in India. [2]
₹7,240
52W: ₹5400 — ₹8974
PE 170 · Book ₹870 · +732% vs bookMarket Cap₹25,497 Cr
Stock P/E170Price to Earnings
ROCE10.2%Return on Capital
ROE6.06%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has delivered good profit growth of 23.8% CAGR over last 5 years
- +Company's median sales growth is 29.6% of last 10 years
Weaknesses
- −Stock is trading at 8.29 times its book value
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has low interest coverage ratio.
- −Company has a low return on equity of 5.59% over last 3 years.
Shareholding Pattern
Promoters38.17%
FIIs23.96%
DIIs27.92%
Public9.96%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 39.87% | 39.79%▼0.1 | 39.72%▼0.1 | 39.72% | 39.65%▼0.1 | 38.22%▼1.4 | 38.19%▼0.0 | 38.17%▼0.0 |
| FIIs | 28.42% | 26.39%▼2.0 | 28.56%▲2.2 | 27.05%▼1.5 | 28.59%▲1.5 | 30.61%▲2.0 | 26.98%▼3.6 | 23.96%▼3.0 |
| DIIs | 15.73% | 17.8%▲2.1 | 19.11%▲1.3 | 19.42%▲0.3 | 17.82%▼1.6 | 20.2%▲2.4 | 23.86%▲3.7 | 27.92%▲4.1 |
| Public | 15.99% | 16.02%▲0.0 | 12.6%▼3.4 | 13.81%▲1.2 | 13.95%▲0.1 | 10.98%▼3.0 | 10.97%▼0.0 | 9.96%▼1.0 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 828 | 2,067 | 1,762 | 889 | 1,413 | 2,679 | 2,467 | 727 | 1,883 | 2,890 |
| Expenses | 796 | 1,919 | 1,642 | 860 | 1,325 | 2,488 | 2,307 | 714 | 1,760 | 2,692 |
| Operating Profit | 33 | 148 | 120 | 29 | 88 | 192 | 160 | 14 | 123 | 198 |
| OPM % | 4% | 7% | 7% | 3% | 6% | 7% | 6% | 2% | 7% | 7% |
| Net Profit | -18 | 69 | 46 | -13 | 23 | 80 | 68 | -49 | 42 | 84 |
| EPS ₹ | -5.19 | 20.53 | 13.78 | -3.98 | 6.72 | 23.53 | 20.1 | -13.86 | 12.01 | 23.95 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹7,967Cr, up 18.1% YoY. OPM at 6%.
Debt Position
Borrowings at ₹1,929Cr. Debt-to-equity ratio: 0.64x. Moderate leverage.
Capex Cycle
CWIP at ₹196Cr (9% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 27.92% (+15.26pp change). FIIs: 23.96% (-0.24pp change). Promoters hold 38.17%.
Margin & Efficiency
ROCE declining from 14% (Mar 2015) to 10% (Mar 2026). Working capital days: -23.
Valuation
PE 170x with 10.2% ROCE. Price is 732% above book value of ₹870. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 21h - Pursuant to SEBI (LODR) Regulations, 2015, we hereby enclose the copies of the Newspaper Advertisements pertaining to the Audited Financial Results (Standalone and Consolidated) of …
- Board Meeting Outcome for Outcome Of Board Meeting Held On 15Th May 2026 2d - Amber Enterprises announced audited Q4/FY26 standalone and consolidated results; consolidated audit has a qualification on unaudited subsidiary/JV data.
- Approval Of Audited Financial Results For The Quarter And Financial Year Ended 31St March 2026 2d
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d - The Investor Presentation on the Audited Financial Results (Standalone and Consolidated) of the Company for the quarter and financial year ended 31st March 2026.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 2d - Amber posted FY26 revenue of ₹12,186 Cr, EBITDA ₹970 Cr, PAT ₹338 Cr; Q4 revenue ₹4,148 Cr.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse