Amber Enterprises reported a 22% year-on-year rise in consolidated revenue to ₹12,186 crore for FY26 during its 36th Annual General Meeting held on September 16, 2026. The company’s operating EBITDA also grew 22% to ₹970 crore, reflecting robust execution across its diversified business segments despite a complex macroeconomic environment.

Divisional Performance

The Electronics Division emerged as the primary growth engine, with revenue surging 49% YoY to ₹3,268 crore and operating EBITDA jumping 89% to ₹287 crore. This expansion was supported by strategic investments in Power-One, Unitronics, and Shogini Technoarts, alongside significant capacity augmentations. Ascent Circuits and Shogini Technoarts secured ECMS approvals for multi-layer PCB investments of ₹991 crore and ₹500 crore respectively. Additionally, Ascent-K Circuit received approval for an HDI PCB facility worth ₹3,215 crore, with the ground-breaking ceremony held in June 2026.

The Consumer Durables Division contributed ₹8,383 crore in revenue, marking a 14% YoY increase, while operating EBITDA rose 6% to ₹593 crore. Management highlighted the positive impact of GST reduction on room air conditioners from 28% to 18% and capacity expansions at Sri City, Andhra Pradesh.

The Railway Subsystems and Defence Division recorded revenue of ₹535 crore, up 19% YoY, with operating EBITDA increasing 8% to ₹90 crore. Progress on Sidwal’s new greenfield facility and the joint venture with Yujin Machinery remains pending RDSO approvals.

What the Numbers Show

The disproportionate growth in the Electronics Division’s EBITDA (89%) compared to its revenue growth (49%) suggests improving operational leverage or favorable product mix shifts within the PCB manufacturing segment. Conversely, the Consumer Durables Division showed more modest margin expansion, with EBITDA growing only 6% against a 14% revenue increase, potentially indicating pressure from input costs or competitive pricing dynamics in the AC market.

Capital Raises and Strategic Moves

During FY26, Amber Enterprises raised equity capital of ₹1,000 crore through a Qualified Institutional Placement (QIP). Its material subsidiary, IL JIN Electronics, secured strategic funding of ₹1,750 crore via a combination of Compulsorily Convertible Preference Shares (CCPS) and equity shares. The company also entered mobile phone manufacturing through a collaboration agreement with OPPO Mobiles India Private Limited executed in June 2026.

Auditor Qualification

Statutory Auditors M/s S.R. Batliboi & Co. LLP issued a qualified opinion on the Consolidated Financial Statements. The qualification pertained to unaudited financial information from one subsidiary and the Group’s share of loss from a step-down joint venture. The Board stated this did not significantly impact the consolidated figures, as audited and adjusted values remained identical.

Governance Updates

Shareholders approved the re-appointment of Mr. Jasbir Singh as Executive Chairman & CEO. Independent Directors Mr. Prakash Iyer and Ms. Sabina Moti Bhavnani were re-appointed for a second five-year term. All 16 resolutions, including related-party transaction approvals for IL JIN Electronics and Ascent Circuits, were passed with requisite majority.

Amber Enterprises India Limited has fixed Monday, September 7, 2026, as the record date for determining shareholders eligible for remote e-voting at its 36th Annual General Meeting (AGM). The company issued this intimation alongside the notice for the AGM and the Annual Report for FY26, filed with stock exchanges on August 25, 2026.

The meeting is scheduled for Wednesday, September 16, 2026, commencing at 11:00 am. It will be conducted through Video Conference (VC) or Other Audio Visual Means (OAVM), in compliance with Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025, read with General Circular No. 20/2020 dated May 5, 2020.

E-Voting and Book Closure Details

Pursuant to Regulation 42 of the SEBI LODR Regulations, 2015, the Register of Members and Share Transfer Register will remain closed from Tuesday, September 8, 2026, to Wednesday, September 16, 2026 (both days inclusive).

Remote e-voting will commence on Sunday, September 13, 2026, at 9:00 am and conclude on Tuesday, September 15, 2026, at 5:00 pm. Shareholders holding equity shares on the record date are entitled to cast their votes on the resolutions set forth in the AGM notice.

Meeting Participation

Shareholders can attend and participate remotely. Their attendance counts towards determining the quorum under Section 103 of the Companies Act, 2013. The company provides a remote e-voting facility for members to cast votes prior to the meeting.

Document Access

The Notice of the 36th AGM and the Annual Report for FY26 are available through electronic mode. Shareholders with registered email IDs receive these documents directly. Those without registered emails receive a letter containing a weblink to access the complete details, as per Regulation 36(1)(b) of the SEBI LODR Regulations.

Documents are also hosted on:

• The company's investor relations website
• The National Stock Exchange of India Ltd (NSE) website
• BSE Limited website
• The Registrar and Transfer Agent (RTA), KFin Technologies Limited website

Email Registration

Members holding shares in dematerialized mode must register or update their email IDs and mobile numbers with their Depository Participants. Physical share holders should write to the RTA at einward.ris@kfin.tech.com along with a signed Form ISR-1 and relevant documents.