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Fundamentals for Amber Enterprises India Limited
Business Operations:
Sector: Consumer CyclicalIndustry: Furnishings, Fixtures & Appliances
Amber Enterprises India Limited provides room air conditioner solutions in India. It designs and manufactures a range of room air conditioners (RACs), including window air conditioners, indoor units, and outdoor units of split air conditioners; and inverter RACs. The company offers functional components of RACs, such as heat exchangers, motors, and multi-flow condensers; and other RAC components comprising sheet metal components, copper tubing, plastic extrusion, vacuum forming, and injection molding components. In addition, it manufactures components for other consumer durables and automobiles, such as case liners for refrigerators and plastic extrusion sheets; sheet metal components for microwave; and washing machine tub assemblies, as well as extrusion components for automobiles and metal ceiling industries. Further, the company provides mobile air conditioners for railway, metro trains, bus, defense, and other establishments. It also exports its products. Amber Enterprises India Limited was incorporated in 1990 and is based in Gurugram, India.
Revenue projections:
Investors may react cautiously to news that AMBER's revenues are forecasted to be lower than last year's. Such declines are likely to have a negative effect on the company's bottom line, which can lead to concerns about profitability and hinder investor confidence in the company's future performance.
Financial Ratios:
| currentRatio | 1.131000 |
|---|---|
| forwardPE | 39.184093 |
| debtToEquity | 46.566000 |
| earningsGrowth | 0.110000 |
| revenueGrowth | 0.105000 |
| grossMargins | 0.183700 |
| operatingMargins | 0.062430 |
| trailingEps | 50.550000 |
| forwardEps | 195.002600 |
AMBER's current ratio being 1.131 suggests that the company has no issue servicing its short-term debt. Its strong liquidity position, supported by sufficient cash reserves and current assets, ensures that AMBER can meet its financial obligations with ease.
AMBER's positive earnings and revenue growth reflect a strong outlook for the company's business expansion. The company is expected to continue growing, with increasing profitability and sales driving further growth in the near future.
AMBER's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
Over time, AMBER's price projections have been revised higher, signaling growing confidence in the company's future. This upward trend suggests analysts anticipate strong performance and increased market value for AMBER.
Recommendation changes over time:
The recent buy bias from analysts suggests AMBER is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, AMBER appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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