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:
Revenue projections for AMBER 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
1.020000
forwardPE
37.846138
debtToEquity
89.114000
earningsGrowth
0.218000
revenueGrowth
0.338000
grossMargins
0.179230
operatingMargins
0.063080
trailingEps
71.500000
forwardEps
113.060000
AMBER's current ratio being 1.02 suggests that it has more than enough liquidity to cover short-term debt obligations. The company's cash reserves and current assets are sufficient to meet immediate liabilities, signaling solid financial health and minimal risk. AMBER's high debt-to-equity ratio indicates a high level of leverage, meaning the company relies significantly on debt for financing. This can increase financial risk, particularly in times of economic instability or reduced profitability. With both earnings and revenue growth showing positive trends, AMBER is expected to expand its business. This signals a healthy financial trajectory, suggesting that the company is positioned for continued growth and increasing profitability. AMBER's forward EPS exceeding its trailing EPS means the company is expected to be more profitable this year than last. This suggests an upward trend in earnings, with forecasts indicating that AMBER's financial performance will improve in the current financial year.
Price projections:
Price projections for AMBER The steady upward revision of AMBER's price projections indicates growing confidence in the company's performance. Analysts are becoming increasingly optimistic about AMBER's future prospects and potential for growth.
Insider Transactions:
Insider Transactions for AMBER
There were 2 transactions selling AMBER stock, with prevailing market price of 4144.550048828125.Throughout the period under consideration, no sell transactions were recorded.The trend of more buys compared to sells around AMBER's current price levels may signal investor optimism. This behavior suggests that the market is expecting a favorable outcome for the stock, leading to increased buying activity.
Recommendation changes over time:
Recommendations trend for AMBER
A recent buy bias from analysts toward AMBER may inspire confidence in investors, who could view the stock as a promising investment. This positive sentiment suggests that AMBER might be an appealing option for those looking to grow their wealth through stock market investments.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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