Is Amber Enterprises India a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Amber Enterprises India Ltd is a below average quality company .

Is Amber Enterprises India undervalued or overvalued?

The key valuation ratios of Amber Enterprises India Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Amber Enterprises India share price return in the past 10 years?

Data is not available for this company

Is Amber Enterprises India a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Amber Enterprises India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Amber Enterprises India?

The latest standalone P/E ratio of Amber Enterprises India as of 26-Jul-2024 is 237.29.

What is the P/B ratio of Amber Enterprises India?

The latest standalone P/B ratio of Amber Enterprises India as of 26-Jul-2024 is 8.89.

What is the 52-week high and low of Amber Enterprises India?

The 52-week high of Amber Enterprises India is Rs. 4880.00 and the 52-week low is Rs. 2338.25.

Amber Enterprises India Ltd - Stock Valuation and Financial Performance

Name: Amber Enterprises India
Brand: Amber Enterprises India

BSE: 540902 | NSE: AMBER | Air Conditioners | Small Cap

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Amber Enterprises Share Price

₹4,399.95 17.95 0.41%
as on 26-Jul'24 16:01

10 Year X-Ray of Amber Enterprises:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	9.8%	9.1%	9.6%	11%	9.9%	11.9%	4.2%	3.4%	5%	4.6%	-
Value Creation Index ⓘ	-0.3	-0.3	-0.3	-0.2	-0.3	-0.2	-0.7	-0.8	-0.6	-0.7	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	1,082	978	1,562	1,923	2,188	3,003	2,296	3,138	5,023	4,505	5,047
Sales YoY Gr.	-	-9.6%	59.7%	23.1%	13.8%	37.2%	-23.5%	36.7%	60.1%	-10.3%	-
Adj EPS ⓘ	11.8	8.5	8.7	18.6	29.3	41.1	13.3	14.5	20	10.7	18.5
YoY Gr.	-	-28.4%	2.8%	113.8%	57.4%	40.3%	-67.6%	9.1%	38.1%	-46.4%	-
BVPS (₹) ⓘ	107.9	115.9	148.4	280.8	310.1	343.7	452.9	468.6	479.8	493.4	492.8
Adj Net Profit ⓘ	25.6	18.4	20.7	58.5	92.1	129	44.8	48.8	67.5	36.2	62
Cash Flow from Ops. ⓘ	73.7	144	113	122	-36.6	244	195	134	177	726	-
Debt/CF from Ops. ⓘ	4.6	2.2	3.3	0.4	-4.5	1.3	1.6	6.7	6.3	1.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	17.2%	15.5%	25.2%	-10.3%
Adj EPS ⓘ	-1.1%	-18.2%	-6.9%	-46.4%
BVPSⓘ	18.4%	9.7%	2.9%	2.8%
Share Price	-	40.3%	13.4%	79.6%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	11.6	7.6	6.9	9.5	9.9	12.6	3.4	3.1	4.2	2.2	3.7
Op. Profit Mgn % ⓘ	8.6	10.3	8.1	8.9	8.8	7.7	6.5	4.9	4.7	6	5.8
Net Profit Mgn % ⓘ	2.4	1.9	1.3	3	4.2	4.3	2	1.6	1.3	0.8	1.2
Debt to Equity ⓘ	1.4	1.3	1.1	0.1	0.2	0.3	0.2	0.6	0.7	0.7	-
Working Cap Days ⓘ	132	173	124	125	173	168	251	223	169	183	96
Cash Conv. Cycle ⓘ	41	48	24	20	40	39	46	32	19	2	0

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 25.19%

Debt to equity has declined versus last 3 years average to 0.67

Return on Equity has declined versus last 3 years average to 2.40%

Net Profit has been subdued in last 3 years -6.88%

Sales growth is not so good in last 4 quarters at -0.56%

Latest Financials - Amber Enterprises India Ltd.

	Standalone	Consolidated
TTM EPS (₹)	18.5	47.3
TTM Sales (₹ Cr.)	5,047	7,429
BVPS (₹.) ⓘ	492.8	594
Reserves (₹ Cr.) ⓘ	1,629	1,970
P/BV ⓘ	8.89	7.37
PE ⓘ	237.29	92.59

From the Market
52 Week Low / High (₹)	2338.25 / 4880.00
All Time Low / High (₹)	621.05 / 4880.00
Market Cap (₹ Cr.)	14,779
Equity (₹ Cr.)	33.7
Face Value (₹)	10
Industry PE ⓘ	95.1

Management X-Ray of Amber Enterprises:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Amber Enterprises

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Amber Enterprises

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	1,082	978	1,562	1,923	2,188	3,003	2,296	3,138	5,023	4,505
Operating Expenses ⓘ	992	879	1,436	1,752	2,000	2,789	2,147	2,985	4,814	4,244
Manufacturing Costs	29	27	36	45	60	83	80	96	149	167
Material Costs	896	784	1,309	1,610	1,837	2,565	1,971	2,740	4,431	3,859
Employee Cost	27	29	38	39	40	52	48	81	109	121
Other Costs ⓘ	40	39	53	58	62	89	49	67	125	97
Operating Profit ⓘ	90	99	126	171	189	214	149	153	209	261
Operating Profit Margin (%)	8.3%	10.2%	8.1%	8.9%	8.6%	7.1%	6.5%	4.9%	4.2%	5.8%
Other Income ⓘ	4	2	8	8	9	6	30	33	48	57
Interest ⓘ	38	48	59	47	15	30	34	37	91	132
Depreciation ⓘ	23	28	36	43	50	61	68	80	100	130
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	34	26	39	89	133	129	78	70	66	56
Tax ⓘ	10	8	14	27	40	11	26	22	17	15
Profit After Tax	24	17	24	62	93	118	52	48	49	41
PAT Margin (%)	2.2%	1.8%	1.5%	3.2%	4.2%	3.9%	2.2%	1.5%	1.0%	0.9%
Adjusted EPS (₹)	11.1	8.0	10.2	19.7	29.4	37.5	15.3	14.3	14.5	12.0
Dividend Payout Ratio (%)	0%	0%	23%	0%	0%	9%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	234	252	353	883	975	1,081	1,526	1,579	1,617	1,662
Share Capital ⓘ	22	22	24	31	31	31	34	34	34	34
Reserves ⓘ	212	230	329	852	944	1,049	1,492	1,545	1,583	1,629
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	278	289	352	40	156	283	294	849	1,036	1,007
Long Term Debt	145	161	220	10	102	122	130	264	423	511
Short Term Debt	133	128	132	31	54	160	164	585	612	496
Trade Payables	215	273	411	478	821	978	1,181	1,474	2,003	1,750
Others Liabilities ⓘ	209	231	72	114	131	178	155	285	452	468
Total Liabilities ⓘ	937	1,045	1,188	1,516	2,084	2,519	3,157	4,186	5,107	4,887
Fixed Assets
Gross Block	449	559	639	720	817	960	1,056	1,345	1,967	2,122
Accumulated Depreciation	90	120	156	199	247	307	370	431	527	645
Net Fixed Assetsⓘ	359	439	482	521	570	653	686	913	1,440	1,477
CWIP ⓘ	49	28	17	20	25	2	25	65	24	38
Investmentsⓘ	50	50	50	112	111	338	447	621	589	822
Inventories	175	208	247	328	484	560	611	667	841	557
Trade Receivables	208	233	293	336	732	776	921	1,126	1,504	1,131
Cash Equivalents	29	16	33	121	42	92	268	486	485	565
Others Assetsⓘ	66	70	66	79	120	97	200	307	224	299
Total Assets ⓘ	937	1,045	1,188	1,516	2,084	2,519	3,157	4,186	5,107	4,887

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	74	144	113	122	-37	244	195	134	177	726
PBT ⓘ	34	26	39	89	133	129	78	70	66	56
Adjustment ⓘ	65	84	93	88	58	103	78	103	142	216
Changes in Working Capital ⓘ	-18	43	-11	-40	-200	43	43	-12	-14	466
Tax Paid ⓘ	-8	-9	-8	-15	-27	-31	-4	-26	-17	-11
Cash Flow From Investing Activity ⓘ	-81	-72	-78	-139	-131	-319	-458	-562	-297	-821
Capex	-94	-88	-73	-86	-136	-117	-122	-313	-505	-232
Net Investments	2	1	-6	-55	4	-35	-273	-190	131	-545
Others ⓘ	11	15	1	2	1	-167	-64	-59	78	-44
Cash Flow From Financing Activityⓘ	3	-71	-25	108	98	87	376	520	164	-140
Net Proceeds from Shares ⓘ	0	0	0	475	0	0	400	0	0	0
Net Proceeds from Borrowing ⓘ	27	-11	33	-205	90	26	12	138	225	117
Interest Paid ⓘ	-45	-54	-53	-49	-15	-29	-33	-36	-87	-132
Dividend Paid ⓘ	0	0	-6	0	0	-10	0	0	0	0
Others ⓘ	21	-5	0	-113	23	100	-2	418	26	-125
Net Cash Flow ⓘ	-5	0	10	91	-69	11	113	93	45	-235

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	10.83	7.16	7.99	10.03	9.96	11.47	3.96	3.1	3.06	2.47
ROCE (%)	13.37	12.94	15.05	16.35	14.29	12.57	6.88	4.9	5.98	6.7
Asset Turnover Ratio	1.29	1.03	1.46	1.44	1.22	1.3	0.81	0.85	1.09	0.91
PAT to CFO Conversion(x)	3.08	8.47	4.71	1.97	-0.4	2.07	3.75	2.79	3.61	17.71
Working Capital Days
Receivable Days	57	79	59	59	89	92	135	119	95	106
Inventory Days	55	69	51	54	68	63	93	74	55	56
Payable Days	80	114	95	101	129	128	200	177	143	177

Amber Enterprises India Ltd Stock News

Amber Enterprises India Ltd FAQs

What is the share price of Amber Enterprises?

Company share prices are keep on changing according to the market conditions. The closing price of Amber Enterprises on 26-Jul-2024 16:01 is ₹4,400.

What is the market cap of Amber Enterprises?

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 26-Jul-2024 16:01 the market cap of Amber Enterprises stood at ₹14,778.7.

What is the P/E ratio of Amber Enterprises?

The latest P/E ratio of Amber Enterprises as of 26-Jul-2024 16:01 is 237.3.

What is the P/B ratio of Amber Enterprises?

The latest P/B ratio of Amber Enterprises as of 26-Jul-2024 16:01 is 8.89.

What is the 52-week high and low of Amber Enterprises?

The 52-week high of Amber Enterprises is ₹4,880 and the 52-week low is ₹2,338.3.

What is the TTM revenue of Amber Enterprises?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Amber Enterprises is ₹5,047 ( Cr.) .

About Amber Enterprises India Ltd

The company was incorporated on April 2, 1990 as ‘Amber Enterprises India Private Limited’ at Jalandhar, Punjab as a private limited company under the Companies Act, 1956. Subsequently, the company was converted into a public company pursuant to special resolution passed by shareholders on September 20, 2017 and the name of the company was changed to ‘Amber Enterprises India Limited’ and a Fresh Certificate of Incorporation consequent upon conversion to public limited Company dated September 22, 2017 was issued by the Registrar of Companies, Chandigarh.

Amber Enterprises India is a market leader in the room air conditioner (RAC) original equipment manufacturer/original design manufacturer industry in India with a market share of 55.4% in terms of volume in Fiscal 2017. It is a one-stop solutions provider for the major brands in the The company is focused on consistently upgrading the technology used in its products as well as the processes used in manufacturing them through its research and development (R&D) efforts. It has a dedicated R&D centre located at Rajpura facility. Through its R&D and innovation capabilities, backed by an in-house tool room, it has successfully designed and developed a portfolio of wide ranging RACs and components. The company has the ability to manufacture most of its products from the concept and design stage till the final delivery thereby covering the entire manufacturing value chain.

Business area of the company

The company design and manufacture 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 also design and manufacture Inverter RACs on ranging from1 ton to 2 ton. Besides, the company 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. In addition, the company 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.

Products

Room Air Conditioners

Window Room Air Conditioners
Split Air Conditioner
Inverter Split Air Conditioners

AC Components

Heat Exchanger
Sheet Metal Component Non Ac Components
Electric Motor
Copper Tubing

Non Ac Components

Plastic Extrusion
Vacuum Forming
Sheet Metal Component Non Ac Components

PCB Assembling

Mobile Air Conditioners

Railway Air Conditioners
Metro Air Conditioners
Bus Air Conditioners
Defence & Telecommunications

Awards and certifications

2014: The company received ‘Cost Improvement Outstanding Performance Award’ from Panasonic for 2014, ‘Best ASCE Performance Award Year’ from LG Electronics for 2014 and ‘Localization Support Excellence Award’ from Panasonic for 2013-2014.
2015: It received ‘Best Development Support Award’ from Panasonic for 2014-2015, ‘Best Supplier Award for on-time Delivery’ in Strategic Business Partners Meet, 2015 and ‘Best Supplier Award’ from Honeywell, 2015.
2016: It received ‘Best of Best Performance Award’ from LG Electronics for 2015 and 2016, ‘Leadership Business Innovation Award’ from Panasonic for 2015-2016, ‘Best Infrastructure Improvement Award’ from LG Electronics for 2016 and ‘Vendor Performance Excellence Award’ in finished goods category from Blue Star for 2015-2016.
2017: The company received ‘Best Support: Green Supply Chain’ from Godrej for 2016-2017, Gold award in relation to green company rating system from CII-Sohrabji Godrej Green Business Center in 2017, Certificate of appreciation from SML ISUZU in recognition of performance in supply excellence and ‘Best Tooling Management Award for 2017’ from LG Electronics at LG Noida Annual Business Partners Meet.
2018: Best Productivity Improvement Award 2018 from LG (IL JIN unit).
2018: Journey of togetherness - Tata Steel.
2018: Best Support Lean Supply Award from Godrej Appliances.
2019: Received Business Excellence Award from 3DQDVRQLF ,QGLD 3ULYDWH /LPLWHG IRU QDQFLDO year 2019-2020 at Business Partner meet held in October 2019 - Jhajjar Unit 1.
2019: Received “Best of Best performance Award Year 2019” from LG Electronics on 29 November 2019.
2019: Received “Commendable Performance for Harvester Business Award Financial year 2019-20” from John Deere.
2019: Received “BEST KAIZEN in Productivity MSME Award 2019” from CII at 12th CII National Competitiveness and Cluster Summit 2019.

Major events and milestones

1990: Incorporated as a private limited company.
1994: The first factory at Rajpura was established.
2003-04: Started Dehradun Plant for RAC manufacturing for LG.
2004: Dehradun Factory Unit - 4 established.
2005-06: Started manufacturing microwave ovens for LG.
2008: Started Noida Ecotech Unit.
2007-08: Started manufacturing heat exchangers.
2009: Dehradun Factory Unit - 5 was established.
2010: Kasna Unit, Kala Amb Unit and Pune Unit established.
2010: Dehradun Factory Unit - 6 was established.
2012: Jhajjar Unit was established.
2011: Investment by Green India Venture Fund.
2012: Investment by Reliance Alternative Investments Fund - Private Equity Fund Scheme - I; Acquisition of PICL.
2017: Investment by Ascent and exit to Reliance Alternative Investments Fund - Private Equity Fund Scheme - I through purchase by Ascent.
2017: Incorporation of new subsidiary, Appserve.
2017: Acquisition of a new subsidiary, IL JIN.
2018: EVER has become the subsidiary of Amber by virtue of controlling the composition of the Board of EVER.
2020: Amber Enterprises acquires 20% stake in Sidwal.