Amber Enterprises

₹2106.7 34.1 | 1.6%

WEBSITE BSE:540902 NSE : AMBER 09 Jun, 12:28

Market Cap ₹7086 Cr.

Stock P/E 45.2

P/B 3.7

Current Price ₹2106.7

Book Value ₹ 566.5

Face Value 10

52W High ₹2579

Dividend Yield 0%

52W Low ₹ 1762.3

Edit Ratio

Amber Enterprises Research see more...

Overview Inc. Year: 1990Industry: Air Conditioners

Amber Enterprises India Ltd., was formerly referred as Amber Enterprises (India) Pvt. Ltd, is an India-based original equipment producer. The Company offers products, inclusive of air conditioners, microwave ovens, refrigerators, washing machines, heat exchangers, multi flow condensers, luminaries, plastic extrusion sheets, vacuum forming additives, injection molding additives, sheet steel stamping and auto components. It manufactures heating, ventilation and air con (HVAC) coils for air conditioners. It offers Fin & Tube Type Heat Exchanger Coils. It produces tube bending fixtures, swage up or swage down toolings, capillary forming equipment, spinning machines, deburring gear and brazing fixtures. It offers luminaries which can be used numerous places, including offices, hospitals and clinics, colleges and schools, malls and stores. The Company's sheet metal components are used in various industries, such as white goods, switchgears, motors and lighting.

Amber Enterprises Share Price

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Amber Enterprises Quarterly Results

#(Fig in Cr.)	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Net Sales	765	1598	708	587	974	1937	1826	750	1348	3003
Other Income	9	8	7	8	9	9	13	12	9	19
Total Income	774	1607	715	596	983	1946	1839	763	1357	3021
Total Expenditure	702	1457	666	553	901	1811	1726	714	1270	2799
Operating Profit	72	150	49	42	82	135	112	49	87	222
Interest	9	10	9	6	12	19	21	24	29	37
Depreciation	24	23	24	26	27	30	32	32	36	39
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	40	116	16	10	43	86	59	-7	22	146
Provision for Tax	12	40	5	2	10	27	16	-5	7	38
Profit After Tax	28	76	11	8	33	59	43	-2	15	108
Adjustments	-1	-1	1	-0	-1	-2	-1	-1	-1	-4
Profit After Adjustments	27	75	12	7	32	57	42	-3	14	104
Adjusted Earnings Per Share	8	22.4	3.7	2.2	9.5	17	12.5	-0.9	4.2	30.9

Amber Enterprises Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	TTM
Net Sales	876	973	1230	1089	1652	2128	2752	3963	3031	4206	6927
Other Income	7	6	6	3	9	9	10	8	33	33	53
Total Income	882	980	1236	1092	1661	2137	2762	3971	3064	4240	6980
Total Expenditure	820	899	1128	975	1521	1944	2539	3653	2809	3930	6509
Operating Profit	62	81	109	117	140	193	223	318	254	310	470
Interest	20	32	43	53	64	54	25	43	42	48	111
Depreciation	12	18	26	31	40	49	62	85	92	108	139
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	29	31	40	33	36	89	136	191	120	154	220
Provision for Tax	9	8	12	9	14	27	41	27	37	43	56
Profit After Tax	20	22	29	24	22	62	95	164	83	111	164
Adjustments	-0	-1	0	0	0	0	-1	-6	-2	-2	-7
Profit After Adjustments	19	22	29	24	22	62	94	158	82	109	157
Adjusted Earnings Per Share	0	0	0	0	0	19.8	29.8	50.4	24.2	32.4	46.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	39%	15%	21%	0%
Operating Profit CAGR	22%	12%	17%	0%
PAT CAGR	34%	5%	38%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-9%	13%	15%	NA%
ROE Average	7%	9%	10%	11%
ROCE Average	8%	12%	13%	13%

Amber Enterprises Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Shareholder's Funds	133	209	239	263	363	893	986	1128	1604	1734
Minority's Interest	3	4	0	0	0	0	19	35	36	39
Borrowings	148	118	147	161	222	43	141	152	177	363
Other Non-Current Liabilities	14	22	56	81	18	70	76	139	91	146
Total Current Liabilities	453	508	564	610	661	743	1148	1445	1676	2628
Total Liabilities	751	861	1006	1115	1264	1748	2371	2899	3585	4910
Fixed Assets	277	349	418	500	557	710	809	1108	1145	1506
Other Non-Current Assets	54	77	88	81	48	60	78	60	244	436
Total Current Assets	421	435	500	534	659	979	1483	1731	2196	2968
Total Assets	751	861	1006	1115	1264	1748	2371	2899	3585	4910

Amber Enterprises Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Opening Cash & Cash Equivalents	9	13	7	2	6	17	119	39	70	180
Cash Flow from Operating Activities	63	114	81	152	142	127	-63	288	221	250
Cash Flow from Investing Activities	-157	-115	-87	-84	-84	-152	-113	-327	-481	-698
Cash Flow from Financing Activities	98	-4	1	-68	-46	128	93	63	370	555
Net Cash Inflow / Outflow	3	-6	-5	0	11	103	-83	25	110	107
Closing Cash & Cash Equivalent	13	7	2	2	17	119	39	70	180	299

Amber Enterprises Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022
Earnings Per Share (Rs)	0	0	0	0	9.3	19.81	29.78	50.37	24.22	32.41
CEPS(Rs)	17.97	18.72	25.04	25.33	26.15	35.4	49.95	79.16	52.11	65.07
DPS(Rs)	4	4	0	0	2.31	0	0	3.2	0	0
Book NAV/Share(Rs)	0	0	0	0	152.32	283.9	313.59	358.83	476.1	510.05
Core EBITDA Margin(%)	6.12	7.38	8.01	9.93	7.54	8.47	7.75	7.82	7.3	6.58
EBIT Margin(%)	5.48	6.19	6.49	7.51	5.74	6.61	5.85	5.89	5.35	4.8
Pre Tax Margin(%)	3.23	3.01	3.15	2.86	2.06	4.12	4.94	4.81	3.96	3.67
PAT Margin (%)	2.18	2.19	2.25	2.1	1.28	2.87	3.44	4.14	2.75	2.65
Cash Profit Margin (%)	3.56	4	4.24	4.8	3.59	5.13	5.71	6.28	5.79	5.21
ROA(%)	2.62	2.75	3.08	2.27	1.86	4.14	4.6	6.23	2.57	2.62
ROE(%)	14.85	12.98	12.84	9.62	7.08	9.93	10.09	15.53	6.1	6.7
ROCE(%)	12.2	13.5	14.73	14.03	14.4	16.17	14.31	17	9.22	8.41
Receivable days	72.41	60.73	55.56	76.42	58.67	57.88	77.31	75.59	115.82	103.43
Inventory Days	65.29	60.39	51.8	66.17	51.97	55.82	63.42	56.02	82.62	67.56
Payable days	113.71	99.24	79.81	111.75	97.11	105.05	119.03	113.12	175.91	156.1
PER(x)	0	0	0	0	0	54.32	27.48	24.33	137.13	108.8
Price/Book(x)	0	0	0	0	0	3.79	2.61	3.42	6.97	6.91
Dividend Yield(%)	0	0	0	0	0	0	0	0.26	0	0
EV/Net Sales(x)	0.28	0.29	0.29	0.33	0.24	1.58	1.01	1.04	3.73	2.94
EV/Core EBITDA(x)	4	3.53	3.3	3.09	2.78	17.5	12.45	12.94	44.43	39.96
Net Sales Growth(%)	0	11.15	26.39	-11.48	51.68	28.83	29.32	44	-23.53	38.8
EBIT Growth(%)	0	26.96	32.52	3.32	15.84	44.19	12.07	45.09	-30.61	24.75
PAT Growth(%)	0	12.72	29.58	-16.23	-8.13	181.37	52.11	73.2	-49.26	33.67
EPS Growth(%)	0	0	0	0	-16.26	0	50.32	69.13	-51.93	33.83
Debt/Equity(x)	2.06	1.51	1.53	1.36	1.1	0.13	0.25	0.34	0.25	0.62
Current Ratio(x)	0.93	0.86	0.89	0.87	1	1.32	1.29	1.2	1.31	1.13
Quick Ratio(x)	0.58	0.51	0.55	0.5	0.59	0.79	0.8	0.74	0.88	0.81
Interest Cover(x)	2.43	1.95	1.94	1.61	1.56	2.65	6.44	5.47	3.87	4.23
Total Debt/Mcap(x)	0	0	0	0	0	0.04	0.1	0.1	0.04	0.09

Amber Enterprises Shareholding Pattern

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	40.27	40.27	40.27	40.27	40.27	40.27	40.31	40.31	40.31	40.31
FII	28.1	28.06	28.11	28.96	29.06	28.11	26.88	26.44	27.1	23.91
DII	8	7.63	7.24	8.86	9.27	9.18	8.76	13.89	11.49	13.55
Public	23.63	24.05	24.39	21.91	21.4	22.44	24.05	19.36	21.1	22.23
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023
Promoter	1.36	1.36	1.36	1.36	1.36	1.36	1.36	1.36	1.36	1.36
FII	0.95	0.95	0.95	0.98	0.98	0.95	0.91	0.89	0.91	0.81
DII	0.27	0.26	0.24	0.3	0.31	0.31	0.3	0.47	0.39	0.46
Public	0.8	0.81	0.82	0.74	0.72	0.76	0.81	0.65	0.71	0.75
Others	0	0	0	0	0	0	0	0	0	0
Total	3.37	3.37	3.37	3.37	3.37	3.37	3.37	3.37	3.37	3.37

Pros

Company has delivered good profit growth of 38% CAGR over last 5 years
Debtor days have improved from 175.91 to 156.1days.

Cons

Promoter holding is low: 40.31%.
Company has a low return on equity of 9% over the last 3 years.
Stock is trading at 3.7 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.