Amber Enterprises Designates Ascent Circuits as Significant Subsidiary Jun 19, 2025
More news about Amber Enterprises
20May 25
Amber Enterprises Soars on Strong Q4 Results and Analyst Upgrades
Amber Enterprises posted impressive Q4 results with revenue and EBITDA growth of 30-40%. CLSA upgraded the stock to 'outperform' with a target price of Rs 7275, while Jefferies maintained a 'buy' rating with a target of Rs 8600. The company's electronics segment grew 74% YoY. Amber plans Rs 250 crore capex for FY26, focusing on new customer acquisitions and emerging verticals growth.
Amber Enterprises, a consumer durables manufacturer, posted impressive Q4 results. Revenue surged 33.8% to Rs 37.50 billion, EBITDA grew 32.8% to Rs 2,948.00 million, and PAT increased 22.6% to Rs 1,161.00 million. The company improved its working capital management, reducing net working capital days from 13 to 9. Dolat Capital maintained an 'Accumulate' rating for the company.
06Mar 25
Amber Enterprises India Faces Customs Scrutiny: Show Cause Notice Received
Amber Enterprises India Ltd. received a Show Cause Notice from Noida Customs authorities questioning the correctness of forms submitted for preferential duty benefits on imports from March 2020 to December 2023. The company is examining the notice and will respond within 30 days, consulting suppliers and experts. Amber Enterprises expects no financial implications and continues normal operations while addressing the regulatory inquiry.
05Mar 25
Amber Enterprises India Faces Customs Scrutiny: Show Cause Notice Issued
Amber Enterprises India Limited has received a Show Cause Notice from Noida Customs authorities questioning the correctness of forms submitted for preferential duty benefits on imports from March 2020 to December 2023. The company has 30 days to respond and is examining the notice. Despite the scrutiny, Amber Enterprises expects no financial impact and will consult experts to prepare a comprehensive reply.