Amber Enterprises India Limited
Incorporated in 1990, Rajpura-based Amber started operations in 1992. It manufactures and assembles majorly RACs and key functional and reliable components, such as heat exchangers (coils), multi flow condensers, sheet metal components, injection-mou...
Key Metrics
EPS
39.43
Current ratio
1.02
Debt/Equity
0.84
Debt/EBITDA
3.26
Interest coverage ratio
2.15
Operating Cashflow to total debt
0.54
Financials
Pros & Cons
Exclusive on TAP Bonds
Here's what we like about this company and potential risks we have identified.
Pros
Established market position and diversified clientele
High operating efficiency
Healthy financial risk profile
Liquidity: Superior
Cons
Exposure to risks related to seasonal business.
Large working capital requirement
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About Amber Enterprises India Limited bond.
This comprehensive profile covers key factual information about Amber Enterprises India Limited. Incorporated in 1990, Rajpura-based Amber started operations in 1992. It manufactures and assembles majorly RACs and key functional and reliable components, such as heat exchangers (coils), multi flow condensers, sheet metal components, injection-moulding components, system tubing, inner case liners, washing machine tub assembly, and other consumer durables. The manufacturing facilities are in Dehradun (Uttarakhand), Rajpura (Punjab), Jhajjar (Haryana), Greater Noida (Uttar Pradesh), and Pune (Maharashtra). In January 2018, Amber came out with an initial public offering (IPO). Its shares are listed on the Bombay Stock Exchange and National Stock Exchange. Mr Jasbir Singh and Mr Daljit Singh are the promoters. PICL, incorporated in 1994, manufactures AC motors at its unit in Faridabad, Haryana. Amber acquired PICL in 2013. In December 2017, Amber acquired a 70% stake in Greater Noida-based IL Jin. In March 2018, Amber acquired a 19% stake in Ever, and later increased its stake to 70%. Both Ever and IL Jin are engaged in manufacturing, assembling, dealing, importing, and exporting electronic assembled printed circuit boards for RACs and other consumer durables. Amber acquired Sidwal in May 2019. Sidwal manufactures heating, ventilation, air conditioning, and refrigeration equipment for mobile applications such as railway coaches, metro coaches, buses, as well as commercial refrigeration and related components. Effective September, 2020, Sidwal is a wholly owned subsidiary of Amber. AmberPR Technoplast India Private Limited (formerly known as Pasio India Private Limited (“AmberPR”): AmberPR, a subsidiary of the Company is engaged in the business of manufacturing of (i) cross flow fans and its plastic parts, (ii) fans and fan guard for outdoor units of room air conditioners, (iii) plastic parts for water dispenser and refrigeration applications (other than automobile industry) and (iv) plastic parts for seats of trucks, tractors and buses . The Business is being acquired by AmberPR from Pee Aar is one of the leading ross flow fans manufacturer in India along with other plastic components for various industries, on slump sale basis during the financial year 2021-22. Pravartaka Tooling Services Private Limited (“Pravartaka”): Pravartaka Tooling Services Private Limited, is engaged in the business of manufacturing of injection mould tool manufacturing and injection moulding components manufacturing for various industries. The Business is being acquired by Pravartaka from Pioneer Tooling Services (“Pioneer”) one of the leading injection moulding tool maker and injection moulding components maker for consumer durable, automotive and electronics industry on slump sale basis in the financial year 2021-22. EPS in Mar-2024 was 39.43. Current ratio in Mar-2024 was 1.02. Debt/Equity in Mar-2024 was 0.84. Debt/EBITDA in Mar-2024 was 3.26. Interest coverage ratio in Mar-2024 was 2.15. Operating Cashflow to total debt in Mar-2024 was 0.54. Total revenue for Mar-2025(E) was ₹8,543.77. Net income for Mar-2025(E) stood at ₹196.84. Total assets as of Mar-2024 were ₹6,590.20. Operating cash flow for Mar-2024 was ₹964.84. The company’s borrowing relationships include IndusInd Bank Limited (₹N/A Cr), ICICI Bank Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), Citibank N. A. (₹N/A Cr), Axis Bank Limited (₹N/A Cr), DBS Bank India Limited (₹N/A Cr), IDFC FIRST Bank Limited (₹N/A Cr), YES Bank Limited (₹N/A Cr), IndusInd Bank Limited (₹N/A Cr), RBL Bank Limited (₹N/A Cr), (₹N/A Cr), (₹N/A Cr), RBL Bank Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), Bajaj Finance Limited (₹N/A Cr), HDFC Bank Limited (₹N/A Cr), RBL Bank Limited (₹N/A Cr). Peers and comparison entities consist of Amber Enterprises India Limited, Dixon Technologies (India) Limited, Voltas Limited, Blue Star Limited. As of Dec 2024, promoters hold N/A% while others hold N/A% of equity. Key strengths include: Established market position and diversified clientele; High operating efficiency; Healthy financial risk profile; Liquidity: Superior. Key risks include: Exposure to risks related to seasonal business.; Large working capital requirement. Leadership team details include Jasbir Singh (The Chairman and CEO of the company), Daljit Singh (The Managing Director of the company), Sudhir Goyal (The Chief Financial Officer of the company), Konica Yadav (The Company Secretary and Compliance Officer), Kartar Singh (The Chairman Emeritus of the company), Arvind Uppal (An Independent Director of the company), Girish Kumar Ahuja (An Independent Director of the company), Sudha Pillai (An Independent Director of the company), Manoj Kumar Sehrawat (A Nominee Director of the company), Sanjay Arora (The Chief Executive Officer of the Electronics Division), Udaiveer Singh (The Chief Executive Officer of the Mobility Business), Sachin Gupta (The Chief Executive Officer of the RAC Division). This detailed corporate overview is structured to provide a thorough understanding of all available data points, enhance search visibility, and support investor analysis.