Amber Enterprises India Limited , a key player in the consumer durables and electronics manufacturing sector, has released its financial results for the second quarter and first half of fiscal year 2026, revealing a mixed performance amid challenging market conditions.

Q2 FY26 Performance

For the quarter ended September 30, 2025, Amber Enterprises reported:

The company faced headwinds in Q2, with revenue declining slightly year-over-year and a significant drop in profitability. The loss of ₹32.00 crores in Q2 FY26 compared to a profit of ₹21.00 crores in the same quarter last year underscores the challenges faced during this period.

H1 FY26 Performance

For the first half of FY26, the results showed more resilience:

Despite strong revenue growth of 24.72% in H1 FY26, the company's profitability was impacted, with PAT declining by 22.92% compared to the previous year.

Divisional Performance

Consumer Durables Division

• Revenue grew by 15% YoY in H1 FY26 but declined by 18% in Q2 FY26.
• Performance was affected by challenging conditions in the Room Air Conditioner (RAC) industry, including unfavorable weather and GST reduction announcements.

Electronics Division

• Demonstrated strong growth with revenue increasing by 60% in H1 FY26 and 30% in Q2 FY26.
• Received approval for Ascent Circuit's multi-layer PCBs application under the ECMS scheme, with a planned investment of ₹991.00 Cr.

Railway Sub-systems & Defense Division

• Recorded revenue growth of 17% in H1 FY26 and 7% in Q2 FY26.
• Order book visibility stands at ₹2,600.00 Cr, indicating strong future prospects.

Strategic Developments

1. GST Reduction Impact: The reduction of GST on RACs from 28% to 18% is expected to drive industry growth by enhancing affordability and penetration.

2. Equity Fundraising: Successfully raised equity funds of approximately ₹1,000.00 Cr from marquee investors through Qualified Institutions Placement.

3. IL JIN Electronics Funding: Secured ₹1,750.00 Cr in strategic funding to enhance manufacturing capabilities and explore strategic acquisitions.

4. Power-One Acquisition: IL JIN Electronics acquired a 60% stake in Power-One Micro Systems Private Limited for ₹262.00 Cr, expanding its presence in the industrial electronics segment.

5. International Expansion: IL JIN Holding Ltd was established as a Special Purpose Vehicle to facilitate international investments and acquisitions.

Management Commentary

Mr. Daljit Singh, Managing Director, commented on the results: "Despite the challenges we faced, including non-conducive weather and GST rate reduction impacts, we remain optimistic about our growth trajectory. The GST reduction on RACs is a positive development that should drive deeper market penetration and support premiumization. We are confident that our strategic initiatives across divisions position us well for the next phase of growth."

Outlook

Amber Enterprises expects inventories to normalize by Q4 and anticipates outpacing RAC industry growth for the full year. The company's diversified portfolio and strategic expansions in electronics and railway sub-systems are expected to drive future growth.

The company's performance in the coming quarters will be closely watched as it navigates the evolving market dynamics and leverages its strategic investments across various segments.

Amber Enterprises India Limited , a leading player in the consumer durables sector, has announced a significant development in its employee incentive program. On November 6, 2025, the company's Share Allotment Committee approved the allotment of 23,100 equity shares to eligible employees and subsidiaries under its Employee Stock Option Plan 2017 (ESOP 2017).

Key Details of the Allotment

• Number of Shares Allotted: 23,100 equity shares
• Face Value: Rs. 10 per share
• Allotment Date: November 6, 2025

Impact on Share Capital

The allotment has resulted in an increase in the company's paid-up equity share capital:

Additional Information

• The newly allotted shares will rank pari-passu with the existing equity shares of the company.
• These shares will be listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

This equity share allotment under the ESOP 2017 scheme demonstrates Amber Enterprises' commitment to aligning employee interests with those of the company and its shareholders. Such initiatives often aim to enhance employee motivation, retention, and long-term value creation for the organization.

Investors and stakeholders may view this development as a positive step towards strengthening the company's human capital and fostering a sense of ownership among its employees.