Amber Enterprises India Ltd

NSE: AMBERF&O

₹6,668.00

−₹22.00 (−0.33%)

NSE · 16 Oct 2026, close

NSE

Market Cap

₹22,730 Cr

CMP

₹6,668.00

52-wk High / Low

₹8,974 / 5,401

P/E

110.0

P/B

5.2

Book Value

₹1,242.0

Div Yield

0.00%

ROCE

10.0%

ROE

6.0%

Face Value

₹10

D/E

0.62

Piotroski F-Score

3

/ 9

3 of 9 F-score tests passed

Graham Number

₹1,188

√(22.5 × EPS × book value per share)

ROIC

5.2%

vs 12.3% sector median

Cash flow to profit

1.06

CFO / PAT

Above 1.0 = operating cash flow exceeded reported profit

Margin change

+77

bps OPM YoY

Operating margin vs the same quarter last year

Sustainable growth

6.0%

ROE × earnings retention ratio

ROE stability

2.0

pp σ

Standard deviation of ROE across periods. Lower = more stable

Holder deltas

QoQ

pp

Prom −0.08FII −3.49DII +2.62

Latest quarter vs the previous one

Cash-accrual divergence

−0.1%

of assets

Low = accruals track cash flow

Strengths

Watch-outs

−Latest ROCE of 10% trails the sector median of 19%

−Borrowings are up 654.7% since FY2016 (358 to 2702)

−Price trades below its 200-day moving average (0.9x)

−Promoter holding fell by 2.2pp over the last year

−Piotroski F-Score of 3/9 is in the weak band (≤3)

	Name	P/E	Mar Cap ₹ Cr	ROCE %	ROE %

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	1,702	927	1,295	2,805	2,401	1,685	2,133	3,754	3,449	1,647	2,943	4,148	3,888
Expenses	1,570	868	1,216	2,586	2,211	1,574	1,984	3,472	3,199	1,563	2,705	3,856	3,576
Operating Profit	132	60	79	220	191	111	150	282	250	84	237	291	312
OPM %	7.8%	6.4%	6.1%	7.8%	7.9%	6.6%	7.0%	7.5%	7.2%	5.1%	8.1%	7.0%	8.0%
Other Income	19	13	5	18	21	18	16	19	30	16	−48	84	−75
Interest	45	37	37	48	52	49	54	55	63	77	79	65	85
Depreciation	43	45	47	51	55	57	59	58	62	70	91	99	108
Profit before tax	63	−9	0	138	104	24	53	189	154	−48	19	211	43
Net Profit	47	−6	−1	99	75	21	37	118	106	−32	−9	162	3
EPS (₹)	13.55	−2.06	−0.14	28.10	21.48	5.69	10.61	34.32	30.66	−9.35	−7.74	38.04	6.31

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,230	1,089	1,652	2,118	2,752	3,963	3,031	4,206	6,927	6,729	9,973	12,186	12,625
Expenses	1,128	975	1,521	1,934	2,538	3,650	2,804	3,928	6,505	6,238	9,237	11,322	11,701
Operating Profit	102	114	131	184	214	313	226	278	422	491	736	865	924
OPM %	8.3%	10.5%	7.9%	8.7%	7.8%	7.9%	7.5%	6.6%	6.1%	7.3%	7.4%	7.1%	7.3%
Other Income	7	3	9	9	9	6	28	30	49	54	71	79	−24
Interest	43	53	64	54	25	43	42	46	112	167	209	284	306
Depreciation	26	31	40	49	62	85	92	108	139	187	228	323	369
Profit before tax	40	33	36	89	136	191	120	154	220	191	370	336	226
Net Profit	29	24	22	62	95	164	83	111	164	139	251	226	124
EPS (₹)	13.26	11.10	9.30	19.81	29.78	50.37	24.22	32.41	46.66	39.44	72.01	50.48	27.26

	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	Jun 2026
Equity Capital	22	22	24	31	31	31	34	34	34	34	34	35	—
Reserves	217	241	339	861	955	1,097	1,570	1,701	1,875	2,031	2,252	4,337	—
Borrowings	366	358	395	114	251	383	399	1,069	1,455	1,539	2,059	2,702	—
Other Liabilities	401	494	493	721	1,133	1,388	1,582	2,107	2,876	2,987	4,082	6,686	—
Total Liabilities	1,006	1,115	1,251	1,728	2,371	2,899	3,585	4,910	6,240	6,590	8,426	13,759	—
Fixed Assets	418	500	557	710	809	1,106	1,144	1,505	2,222	2,825	3,040	5,633	—
CWIP	52	36	21	30	34	12	43	128	50	91	198	746	—
Investments	0	0	0	6	0	0	108	225	193	217	236	38	—
Other Assets	536	579	672	983	1,528	1,781	2,289	3,051	3,775	3,457	4,953	7,342	—
Total Assets	1,006	1,115	1,251	1,728	2,371	2,899	3,585	4,910	6,240	6,590	8,426	13,759	—

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	—	81	152	142	127	−63	288	221	241	321	965	711	240
Cash from Investing Activity	—	−87	−84	−84	−152	−111	−320	−481	−678	−489	−1,035	−953	−2,904
Cash from Financing Activity	—	1	−68	−46	128	93	63	370	555	193	−122	323	2,683
Net Cash Flow	—	−5	0	11	103	−81	31	110	119	25	−191	81	19

	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
ROCE %	—	15.0	14.0	14.0	16.0	14.0	17.0	9.0	8.0	11.0	10.0	14.0	10.0
ROE %	—	—	—	—	—	—	—	—	—	—	—	—	6.0
EPS (₹)	9.96	13.26	11.10	9.30	19.81	29.78	50.37	24.22	32.41	46.66	39.44	72.01	50.48
Book Value (₹)	—	—	—	—	—	—	—	—	—	—	—	—	1,242.0
Face Value (₹)	—	—	—	—	—	—	—	—	—	—	—	—	10
P/E	—	—	—	—	—	—	—	—	—	—	—	—	110.0
Div Yield %	—	—	—	—	—	—	—	—	—	—	—	—	0.00
NPM %	2.3	2.3	2.2	1.3	2.9	3.4	4.1	2.7	2.6	2.4	2.0	2.5	1.8
OPM %	8.0	8.0	10.0	8.0	9.0	8.0	8.0	7.0	7.0	6.0	7.0	7.0	7.0
D/E	1.50	1.53	1.36	1.09	0.13	0.25	0.34	0.25	0.62	0.76	0.75	0.90	0.62
P/B	—	—	—	—	—	—	—	—	—	—	—	—	5.2

Compounded sales growth

10 years+27.0%

5 years+32.0%

3 years+21.0%

TTM+15.0%

Compounded profit growth

10 years+24.0%

5 years+19.0%

3 years+8.0%

TTM−25.0%

Stock price CAGR

5 years+12.0%

3 years+29.0%

Last year−22.0%

Return on equity

10 years8.0%

5 years8.0%

3 years8.0%

Last year6.0%

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Promoters	44.00%	44.00%	44.02%	44.02%	40.27%	40.27%	40.31%	40.31%	39.72%	38.17%	38.09%
FIIs	10.78%	10.78%	11.47%	12.36%	28.06%	28.11%	23.91%	25.98%	27.05%	23.96%	20.47%
DIIs	8.43%	8.43%	5.85%	7.24%	7.62%	9.18%	13.55%	15.83%	19.42%	27.92%	30.54%
Government	—	—	—	—	—	—	—	—	—	—	—
Public	36.79%	36.79%	38.66%	36.38%	24.05%	22.44%	22.24%	17.87%	13.81%	9.96%	10.88%
No. of shareholders	46,533	46,533	39,350	32,779	79,888	82,090	98,113	89,145	1,38,651	1,16,560	1,19,692

Change since Jun 2023 (pp)

Promoters −5.91FIIs +9.69DIIs +22.11Public −25.91

26 Mar 2020DIVIDEND Interim Dividend - Rs 1.60 Per Share—

19 Nov 2019DIVIDEND Interim Dividend - Rs 1.6 Per Share—

Amber Enterprises India Ltd

Price−19.9% over 1Y

āagman read

Peer comparison

Quarterly results

Profit & Loss

Balance Sheet

Cash Flows

Ratios

Growth

Shareholding pattern

Documents

Corporate actions