Risk factor
Good trading liquidity
Profitability factor
Greatly overvalued vs peers
About
Amber Enterprises India Limited is a leading Indian provider of solutions for original equipment manufacturers (OEM) and original design manufacturers (ODM) in the air conditioner industry. The company engineers and produces a diverse portfolio of room air conditioners (RACs), including window units, indoor and outdoor components for split air conditioners, and inverter RAC models. In addition to complete RAC units, Amber Enterprises fabricates critical functional RAC components such as heat exchangers, motors, and multi-flow condensers. It also supplies various other RAC parts, including sheet metal components, copper tubing, and plastic parts created through extrusion, vacuum forming, and injection molding processes. Expanding beyond air conditioning, the firm manufactures components for other consumer durables and the automotive sector. This includes items like refrigerator case liners, plastic extrusion sheets, sheet metal components for microwaves, and washing machine tub assemblies. The company also caters to the metal ceiling industry. Furthermore, Amber Enterprises offers specialized mobile air conditioning systems designed for applications in railways, metros, buses, defense, and telecommunications, alongside producing printed circuit board assemblies. Established in 1990 and based in Gurugram, India, the company also engages in the export of its products.
Company Valuation
Considering past and projected metrics, the stock is distinctly 'expensive' compared to its peers. In particular, the stock is overpriced on P/E, 'expensive' on EV/EBITD.
Target Price
The average target price of AMBER.NS is 8351 and suggests 27.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to