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Amber Enterprises India Ltd Performance

Today's Low
3,680.00
arrowIcon
Today's High
3,733.95
52 Wk Low
1,805.55
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52 Wk High
4,614.20


Open

3692.15

Traded Value (Cr)

26.97 Cr

Prev. Close

3692.15

VWAP

3702.77

Volume

1,07,426

Face Value

10

Amber Enterprises India Ltd Fundamentals

Market Cap
₹ 12,440 Cr
P/E Ratio (TTM)
87.50
P/B Ratio
6.36
Debt to Equity
0.79
ROE
8.02 %
EPS (TTM)
42.20
Dividend Yield
0.00%
Book Value
580.55

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Amber Enterprises India Ltd Financials

Amber Enterprises India Ltd Financials

Amber Enterprises India Ltd Shareholding Pattern

Held By Mar 2024 Dec 2023 Sep 2023 Jun 2023
Promoters 40.31 % 40.31 % 40.31 % 40.32 %
FII 25.98 % 28.29 % 29.69 % 24.19 %
Mutual Funds 12.78 % 12.44 % 10.08 % 8.57 %
Others 10.60 % 9.47 % 10.37 % 15.78 %
Retail 10.33 % 9.48 % 9.54 % 11.14 %

Promoters

40.31%

FII

25.98%

Mutual Funds

12.78%

Others

10.60%

Retail

10.33%

Promoters

40.31%

FII

28.29%

Mutual Funds

12.44%

Others

9.47%

Retail

9.48%

Promoters

40.31%

FII

29.69%

Mutual Funds

10.08%

Others

10.37%

Retail

9.54%

Promoters

40.32%

FII

24.19%

Mutual Funds

8.57%

Others

15.78%

Retail

11.14%

Resistance and Support

₹3,533.25

PIVOT

resistance-arrow
Resistance
First Resistance₹3,628.550
Second Resistance₹3,704.200
Third Resistance₹3,799.500
support-arrow
Support
First Resistance₹3,457.600
Second Resistance₹3,362.300
Third Resistance₹3,286.650
RSI82.117
MACD151.451
ADX13.485
CCI46.203

Delivery and Volume

PeriodDelivery Volume Traded Volume Delivery Volume %
Day107,42629,83140.86
Week216,83060,61442.29
1 Month271,68184,11035.17
6 Months107,42646,02242.84

About Amber Enterprises India Ltd

Amber Enterprises India Limited was incorporated as a Private Limited Company with the name 'Amber Enterprises India Private Limited' on April 2, 1990 at Jalandhar, Punjab. The Company converted into a Public Limited and consequently, name of the Company was changed to Amber Enterprises India Limited on September 22, 2017. The Company is a market leader in Room Air Conditioner (RAC) original equipment manufacturer (OEM)/original design manufacturer (ODM) industry in India. The Company is engaged in the business of manufacturing of consumer durable products. It design and manufacture wide range of products which includes RAC, RAC & Non-RAC components & HVAC solutions for mobility applications. It currently has 23 manufacturing facilities across 8 locations in India, located close to customers enabling faster turnaround. The Company designs and manufactures complete RACs including window air conditioners (WACs) and indoor units (IDUs) and outdoor units (ODUs) of split air conditioners (SACs) with specifications ranging from 0.75 ton to 2 ton, across energy ratings and types of refrigerant. It designs and manufactures Inverter RACs on ranging from 1 ton to 2 ton. It manufactures critical and reliability functional components of RACs such as heat exchangers, motors, inverter and non-inverter printed circuit boards and multi-flow condensers. It manufactures other RAC components such as sheet metal components, copper tubing and injection molding components. It also manufactures components for other consumer durables and automobiles such as case liners for refrigerator, plastic extrusion sheets and printed circuit boards for consumer durables and automobile industry, sheet metal components for microwave, washing machine tub assemblies and for automobiles and metal ceiling industries. The Company's key customers include leading RAC brands such as Daikin, Hitachi, LG, Panasonic, Voltas and Whirlpool. It has built strong and longstanding relationships with the customers by aligning its offerings with their business needs. It provides them with a range of additive manufacturing solutions at their doorsteps by supplying them components and RACs through OEM/ODM models. In recognition of efficient services and products, the company has received several awards from its customers such as Best of Best Performance Award' from LG for 2015 and 2016 and Leadership Business Innovation Award' from Panasonic for 2015-2016. In 1994, the Company established its first factory at Rajpura. During the year 2003-04, it commenced plant operations at Dehradun for RAC manufacturing for LG. In 2004, Dehradun Factory Unit - 4 was established. In 2005-06, it started manufacturing microwave ovens for LG. in 2008, the Company's Noida Ecotech unit commenced operations. During the year 2007-08, it started manufacturing heat exchangers. In 2009, Dehradun Factory Unit - 5 was established. In 2010, Kasna Unit, Kala Amb Unit, Pune Unit and Dehradun Factory Unit - 6 were established. In 2011, Green India Venture Fund made investment in the Company. In 2012, Jhajjar Unit was established. During the year under review, Reliance Alternative Investments Fund - Private Equity Fund Scheme - I made investment in the Company. The company entered into a share purchase agreement (SPA) dated November 10, 2012 with Rakesh Dewan, Kavita Dewan and PICL (India) Private Limited (PICL) for acquiring the entire shareholding of PICL for an aggregate consideration of Rs 48.97 crore. As an integral part of the SPA, the parties also entered into a non-compete and non-solicitation agreement dated November 10, 2012. PICL is involved in the business of manufacturing various kinds of fractional horse power motors for WACs, ODUs of SACs and commercial air conditioners. In 2017, Ascent Investment Holdings Pte. Limited acquired the stake of Reliance Alternative Investments Fund - Private Equity Fund Scheme - I in the company, thus providing exit to Reliance Alternative Investments Fund - Private Equity Fund Scheme - I. During the year 2017-18, Appserve Appliance Private Limited was incorporated as a Subsidiary of the Company. Amber Enterprises India Limited entered into a Share Purchase Agreement dated November 11, 2017 with IL JIN, Hyun Chul Sim (HCS) and Su A Lee (SAL) for purchase of 1,320,613 equity shares of IL JIN from HCS, equivalent to 70% of IL JIN's outstanding equity shareholding, which completed on December 28, 2017. The Board of Directors of Amber Enterprises India Limited at its Meeting held on March 9, 2018, acquired 70% Equity Share Capital of Ever Electronics Private Limited (EVER). On 29 June 2018, the Company informed the stock exchanges that Promoters of Ever Electronics Private Limited (EVER) has requested for extension of time limit for completing the Condition Precedent for acquiring balance 51% of stake of total Share Capital of Ever by the Company i.e. Amber Enterprises India Limited. Pursuant to above request, Company has extended the timeline to complete the acquisition of balance stake of 51% by December 31, 2018 in one or more tranches. As on date, the Company has made an investment of 571.50 Lakh for acquisition of 1,040,149 Equity Shares of Ever Electronics Private Limited (EVER) which represents 19% of the total Share Capital of EVER. The Company has executed Letter Agreement dated 1st October 2018 entered into by and between the Company i.e. Amber Enterprises India Limited, Ever Electronics Private Limited, Vision Creative Limited and Mr. Hyun Chul Sim, by virtue of said Agreement, and Ever has become the subsidiary of Amber. In FY 2018-19, on 17 October 2019, Company acquired 51% stake of equity share capital of EVER, and consequently became the subsidiary of AEIL on 1 October 2018. In FY 2019-20, it acquired 80% stake of equity share capital of Sidwal Refrigeration Industries Private and became subsidiary of the Company effective from 02 May, 2019. In financial year 2020-21, Company acquired balance 20% stake of equity share capital of Sidwal Refrigeration Industries Private Limited on 18 September 2020, and Sidwal became Wholly Owned Subsidiary of the Company. During financial year 2021-22, IL JIN Electronics (India) Private Limited (IL JIN) and Sidwal Refrigeration's Industries Private Limited (SIDWAL), were material subsidiaries of the Company. The Company have started three new facilities one in Kadi (Ahmedabad), other in Supa (Pune) and third one in Chennai (Kancheepuram) for expanding Room Air Conditioners and Components capacities along with geographical reach. During FY 2021-22, the Company invested USD 100,000 in Amber Enterprises USA Inc. and has become Wholly Owned Subsidiary of the Company w.e.f. 13 September, 2021. The Company acquired 73% stake in the equity share capital of AmberPR Technoplast India Private Limited on slump sale basis during 2021-22 and became a subsidiary of the Company with effect from 1 December 2021. It acquired 60% stake in the equity capital of Pravartaka Tooling Services Private Limited and became a subsidiary of the Company effective from 01 February, 2022. During the Financial Year 2022-23, the Company started 5 new manufacturing facilities for expanding Room Air Conditioners and Components capacities alongwith geographical reach, one in Sri City (Andra Pradesh), second in Supa (Maharashtra), third in Rudrapur (Uttarakhand), fourth in Thiruvallur (Chennai) of its subsidiary Pravartaka and fifth of Kanchipuram, (Tamil Nadu) of the material subsidiary, IL JIN Electronics (India) Private Limited.

Managing Director

DALJIT SINGH

Founded

1990

NSE Symbol

AMBER

Amber Enterprises India Ltd Management

NameDesignation
JASBIR SINGHChairman & CEO
DALJIT SINGHManaging Director
Manoj Kumar SehrawatNominee
Sudha PillaiIndependent Director
Girish AhujaIndependent Director
Konica YadavCompany Sec. & Compli. Officer
Kartar SinghChairman Emeritus
Arvind UppalIndependent Director

Amber Enterprises India Ltd News

Amber Ent jumps after arm signs JV agreement with 3 companies
Amber Enterprises India rallied 3.66% to Rs 3885 after the firm’s wholly owned subsidiary, AT Railway Sub Systems signed Joint venture (JV) agreement with Yujin Machinery, Sinkodia Pte, Dujin International to form joint venture company.
Amber Ent arm signs JV agreement with 3 companies
Amber Enterprises India said that its wholly owned subsidiary, AT Railway Sub Systems signed Joint venture (JV) agreement with Yujin Machinery, Sinkodia Pte, Dujin International to form joint venture company.
Amber Enterprises India announces signing of definitive agreement for new JV
Between AT Railway Sub Systems, Yujin Machinery, Sinkodia and Dujin International
Amber Ent jumps after inking pact to acquire 50% stake in Resojet
Amber Enterprises India added 2.91% to Rs 3,319.55 after the company signed a definitive agreement to acquire a 50% stake in a joint venture, Resojet Private, to carry on the business of manufacturing washing machines.
Amber Enterprises India to acquire 50% stake in Resojet
Amber Ent arm incorporates WOS railway components manufacturing
Sidwal Refrigeration Industries, a wholly owned material subsidiary (WOS) of Amber Enterprises India has incorporated a WOS named, AT Railway Sub Systems on 15 March 2024.
Amber Enterprises India announces incorporation of step-down subsidiary
Shivaliks Mercantile acquires 34.59% stake in Titagarh Firema SpA
Amber Ent drops on reporting dismal numbers in Q3
Amber Enterprises tumbled 12.81% to Rs 3,631.80 after the household appliance maker reported consolidated net loss of Rs 0.48 crore in Q3 FY24 as against net profit of Rs 14.15 crore posted in Q3 FY23.
Amber Enterprises India reports consolidated net loss of Rs 0.48 crore in the December 2023 quarter
Sales decline 3.97% to Rs 1294.76 crore

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Amber Enterprises India Ltd FAQ

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Amber Enterprises India Ltd shares in BlinkX

The share price of any stock is volatile and changes during the day due to a variety of variables. Amber Enterprises India Ltd's share price is ₹3,694.15 as of April 12, 2024

Amber Enterprises India Ltd's P/E ratio is 87.50 times as of April 12, 2024.

Amber Enterprises India Ltd's most recent financial reports indicate a price-to-book ratio of 6.36, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalisation, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Amber Enterprises India Ltd's market is 12,441 Cr as on April 12, 2024.

The current financial records of Amber Enterprises India Ltd show a 8.02% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

The 52-week high/low price of a Amber Enterprises India Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Amber Enterprises India Ltd's 52-week high and low as of April 12, 2024 are ₹3733.95 and ₹3680 respectively.

As of the Mar 2024 quarter, the promoter shareholding in Amber Enterprises India Ltd stands at 40.31%. During the same period, Institutional Investors have shown a slight decrease in their holdings, dropping from 28.29% to 25.98%.