Amber Enterprise Acquires Power-One Micro Systems, Reports Strong Q1 Growth
Amber Enterprises India Limited announced a 44% YoY increase in consolidated revenue to ₹3,449.13 crore for Q1. Operating EBITDA grew 31% to ₹263.00 crore, and PAT rose 42% to ₹106.00 crore. The company's subsidiary, ILJIN Electronics, signed agreements to acquire a majority stake in Power-One Micro Systems, strengthening Amber's position in battery storage, solar inverters, EV chargers, and UPS systems. All three divisions - Consumer Durables, Electronics, and Railway Sub-systems & Defense - showed growth. The board approved an enabling resolution to raise up to ₹2,500.00 crore, subject to shareholder approval.

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Amber Enterprises India Limited , a leading player in the consumer durables and electronics manufacturing sector, has announced a strategic acquisition and reported robust financial results for the first quarter.
Strategic Acquisition of Power-One Micro Systems
Amber Enterprise's subsidiary ILJIN Electronics (India) Private Limited has signed definitive agreements to acquire a majority stake in Power-One Micro Systems Private Limited. This acquisition is set to strengthen Amber's position in high-potential sectors including battery storage, solar inverters, EV chargers, and UPS systems.
The strategic alliance committee of ILJIN's board approved the execution of these agreements on June 27. The consideration for the acquisition will be determined upon completion of conditions precedent mentioned in the definitive agreements.
Strong Q1 Financial Performance
Amber Enterprises has reported impressive financial results for the quarter ended June 30:
- Consolidated Revenue: The company's revenue from operations surged by 44% year-on-year to ₹3,449.13 crore, compared to ₹2,401.29 crore in the same quarter of the previous year.
- Operating EBITDA: Operating EBITDA grew by 31% to ₹263.00 crore, up from ₹200.00 crore in the same quarter last year.
- Profit After Tax (PAT): The company's PAT witnessed a significant increase of 42%, reaching ₹106.00 crore compared to ₹75.00 crore in the corresponding quarter of the previous year.
Segment-wise Performance
Amber Enterprises operates through three main divisions, all of which showed growth:
Division | Revenue | YoY Growth | Operating EBITDA | YoY Growth |
---|---|---|---|---|
Consumer Durables Division | ₹2,560.00 crore | 33% | ₹192.00 crore | 28% |
Electronics Division | ₹766.00 crore | 97% | ₹49.00 crore | 62% |
Railway Sub-systems & Defense Division | ₹123.00 crore | 29% | ₹22.00 crore | 8% |
Management Commentary
Jasbir Singh, Executive Chairman of Amber Enterprises, commented on the results: "We are pleased to report a robust performance for the quarter with Revenue from Operations of ₹3,449 crore, reflecting a growth of 44% YoY, resultant Operating EBITDA of ₹263 crore, growth of 31% YoY and PAT of ₹106 crore, translating into growth of 42% on a YoY basis."
He further added, "The acquisition of Power-One Micro Systems provides a strong foothold to Amber's Electronics Division in the rapidly expanding sector of Battery Energy Storage Systems (BESS), Solar Inverters, EV chargers, and UPS."
Future Outlook
The company remains optimistic about its growth trajectory, particularly in the Electronics Division. With the acquisition of Power-One Micro Systems and the ongoing expansion in the PCB-A and Bare PCB segments, Amber Enterprises is well-positioned for its next phase of rapid scale-up.
The company's board has also approved an enabling resolution for raising funds up to ₹2,500.00 crore, subject to shareholder approval at the upcoming Annual General Meeting scheduled for August 11.
As Amber Enterprises continues to strengthen its market position through strategic acquisitions and organic growth, investors and industry watchers will be keenly observing the company's performance in the coming quarters.
Historical Stock Returns for Amber Enterprises
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
+0.77% | +7.63% | +16.26% | +24.42% | +81.04% | +435.66% |