Amber Enterprises India Limited (AMBER)

Consumer Durables · Consumer Durables · NSE · Updated 15 July 2026

₹7,786.5 ↓ 0.68% (1Y)

🎯 Key Takeaways

Amber Enterprises India Limited is undergoing a strategic transformation marked by capital restructuring at its subsidiary IL JIN Electronics, including a 2:1 equity split, bonus issue, and conversion to a public company, alongside exploration of fund-raising options. The company is actively acquiring stakes in affiliated entities like Ascent Circuits and MoMagic Wireless, signaling a focus on consolidation and expansion within its ecosystem.
Revenue grew 40.9% QoQ to ₹4,148 in Q4FY26.
⚠️ Execution risk in the MoMagic acquisition, which remains incomplete and subject to timeline delays.

Market Cap

₹29,854

P/E Ratio

164.3

P/B Ratio

6.83

ROE

4.1%

ROCE

8.4%

Debt/Equity

0.62

Div Yield

0.00%

Promoter

0.0%

✨ Ask AI About AMBER 📊 Interactive Charts

📖 The Story

Amber Enterprises India Limited is undergoing a strategic transformation marked by capital restructuring at its subsidiary IL JIN Electronics, including a 2:1 equity split, bonus issue, and conversion to a public company, alongside exploration of fund-raising options. The company is actively acquiring stakes in affiliated entities like Ascent Circuits and MoMagic Wireless, signaling a focus on consolidation and expansion within its ecosystem. Despite a high P/E of 164.3 and low ROE of 4.1%, recent quarterly performance shows volatile profitability with a return to profit in Q4FY26 after sequential losses, suggesting a potential inflection point. The business appears to be in a reinvestment and restructuring phase, leveraging capital markets to support growth ambitions.

📰 What's Happening

In July 2026, IL JIN Electronics approved a comprehensive capital restructuring, including a 2:1 equity split, 25:1 bonus issue, and increase in authorized capital to Rs. 250 crores, alongside plans to convert into a public company and shift its registered office to Uttar Pradesh. The company also acquired an additional 1% stake in Ascent Circuits Private Limited for approximately Rs. 8 crore, raising its indirect holding to 98.5%. Additionally, the timeline for acquiring the remaining stake in MoMagic Wireless was extended to 30 September 2026, providing flexibility but delaying full integration benefits. Management indicated that fund-raising options are being explored subject to statutory approvals and market conditions.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

Metric	Q1FY25	Q2FY25	Q3FY25	Q4FY25	Q1FY26	Q2FY26	Q3FY26	Q4FY26
Revenue	2,401	1,685	2,133	3,754	3,449	1,647	2,943	4,148
Operating Profit	217	132	175	314	286	107	198	442
OPM %	8.2%	6.8%	7.4%	7.8%	7.4%	5.5%	8.4%	8.6%
Net Profit	75	21	37	118	106	-32	-9	162
EPS	₹21.48	₹5.70	₹10.61	₹34.32	₹30.65	₹-9.34	₹-7.75	₹38.04

Quarterly revenue has shown mixed momentum, with Q4FY26 revenue at ₹4,148 crore marking a significant increase from prior quarters, though profitability remains volatile, swinging from a loss of ₹9 crore in Q3FY26 to a profit of ₹162 crore in Q4FY26. Operating margins improved to 8.6% in Q4FY26 from 5.5% in Q2FY26, indicating operational stabilization. However, full-year trends remain inconsistent, with annual revenue declining slightly from ₹13,938 crore in FY25 to ₹13,767 crore in FY26, while net profit margins have compressed. The financial trajectory reflects a company navigating a turnaround, with recent profitability driven by operational improvements but still vulnerable to macro and execution risks.

🔮 Management Outlook & What's Next

Management has signaled an active strategic phase, particularly through the capital restructuring at IL JIN Electronics and the exploration of fund-raising mechanisms to support growth initiatives. While no detailed financial guidance was provided, management emphasized that future capital actions will be evaluated based on statutory approvals and market conditions. The extension of the MoMagic acquisition timeline suggests a cautious, phased approach to integration. Management’s actions indicate a focus on strengthening capital structure and expanding ownership in key affiliates, though explicit forward-looking financial targets were not disclosed in the filings.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

Item	2024-2025	2025-2026	2025-2026	2025-2026	2025-2026
Equity Capital	34	34	35	35	35
Reserves	2,252	—	3,612	—	4,337
Borrowings	1,940	—	2,558	—	2,702
Total Liabilities	6,118	6,305	5,382	7,162	7,965
Fixed Assets	2,082	—	2,451	—	3,182
Investments	120	—	126	—	6
Total Assets	8,428	8,591	9,144	12,522	13,767

The balance sheet shows a stable equity base of ₹35 crore with reserves growing to ₹4,337 crore in the latest period, while total borrowings have increased to ₹2,702 crore, suggesting rising leverage. Total assets have expanded to ₹13,767 crore, up from ₹9,144 crore in the prior period, reflecting asset accumulation, likely tied to subsidiary investments and expansion. The capital restructuring at IL JIN may enhance group-level liquidity and valuation, but the rising debt levels warrant monitoring, especially amid volatile profitability. The company appears to be investing in growth through strategic acquisitions and capital market maneuvers.

💰 Cash Flow Statement (₹ Cr)

Item	2020-2021	2020-2021
Operating	-207	+221
Investing	-231	-481
Financing	+459	+370
Net Cash Flow	—	—

⚖️ Peer Comparison — Consumer Durables

Company	MCap (₹ Cr)	P/E	ROCE	ROE	D/E
Titan Company Limited	3.70 L Cr	77.6	34.3%	41.0%	0.88
Asian Paints Limited	2.50 L Cr	65.0	26.0%	19.8%	0.04
LG Electronics India Limited	1.07 L Cr	—	—	—	—
Havells India Limited	75,873	54.2	—	—	—
Dixon Technologies (India) Limited	66,754	75.9	—	—	—
Berger Paints (I) Limited	62,200	54.5	—	—	—
Voltas Limited	40,722	56.8	—	—	—
Kalyan Jewellers India Limited	36,461	54.6	—	—	—
Blue Star Limited	34,091	61.2	—	—	—
Amber Enterprises India Limited	29,854	164.3	8.4%	4.1%	0.62

🔗 Peer Stock Analyses

TITAN ASIANPAINT LGEINDIA HAVELLS DIXON

⚠️ Risk Factors

1. Execution risk in the MoMagic acquisition, which remains incomplete and subject to timeline delays. 2. Rising leverage, with borrowings increasing to ₹2,702 crore, which could strain financial flexibility if profitability does not sustain. 3. Volatility in quarterly profitability, as seen in recent losses, raising concerns about earnings stability. 4. Market sensitivity to capital restructuring, where dilution from bonus issues and increased authorized capital may pressure valuation if not offset by growth. These factors could amplify downside risk if growth momentum stalls.

📋 Recent Filings

🧠 Analyst's Read

Amber Enterprises is in a pivotal phase of strategic realignment, with capital actions at its subsidiary and targeted acquisitions aiming to drive growth. The company’s financial trajectory shows signs of stabilization but remains inconsistent, requiring clear execution discipline. Investors should monitor the pace of fund-raising, progress on MoMagic integration, and margin trends in upcoming quarters to assess whether the turnaround narrative gains traction.

Based on filing content and financial data. Not a recommendation.

Read the full analysis

Quarterly trends, balance sheet, cash flow, peer comparison, and AI insights — sign up free to unlock.

2 free AI queries per day.

✨ Deep Dive with AI on AMBER

Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-07-15.

📡 Get AI alerts when AMBER files new disclosures

Track AMBER filings, board meetings, and corporate actions. Free email alerts at 5 PM.

Track AMBER — Free

Free account · 2 AI queries/day