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AMBER - Fundamental Analysis: Financial Health & Valuation

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Rating: 3.3

Last Updated Time : 19 Mar 26, 07:09 pm

Fundamental Rating: 3.3

Stock Code AMBER Market Cap 24,028 Cr. Current Price 6,829 ₹ High / Low 8,626 ₹
Stock P/E 165 Book Value 830 ₹ Dividend Yield 0.00 % ROCE 11.6 %
ROE 7.63 % Face Value 10.0 ₹ DMA 50 7,096 ₹ DMA 200 6,992 ₹
Chg in FII Hold -3.63 % Chg in DII Hold 3.66 % PAT Qtr 46.4 Cr. PAT Prev Qtr -48.7 Cr.
RSI 43.0 MACD -89.4 Volume 3,19,222 Avg Vol 1Wk 5,30,329
Low price 5,400 ₹ High price 8,626 ₹ PEG Ratio 3.98 Debt to equity 0.69
52w Index 44.3 % Qtr Profit Var 104 % EPS 41.8 ₹ Industry PE 43.3

📊 Financials

  • Revenue & Profitability: PAT improved significantly from -₹48.7 Cr. to ₹46.4 Cr., showing a turnaround. EPS at ₹41.8 is modest relative to valuation.
  • Margins & Returns: ROCE at 11.6% and ROE at 7.63% are weak, reflecting limited efficiency.
  • Debt & Liquidity: Debt-to-equity ratio of 0.69 indicates moderate leverage, requiring monitoring.
  • Cash Flow: No dividend yield, suggesting reinvestment but limited direct shareholder returns.

💹 Valuation

  • P/E Ratio: 165 vs Industry PE of 43.3 — extremely overvalued.
  • P/B Ratio: Current price ₹6,829 vs Book Value ₹830 — ~8.2x book value, expensive.
  • PEG Ratio: 3.98 — indicates stretched valuation relative to growth.
  • Intrinsic Value: Current price is far above fair value, offering little margin of safety.

🏢 Business Model & Competitive Advantage

  • Operates in consumer durables (air conditioners and appliances), benefiting from rising demand.
  • Turnaround in profitability highlights operational recovery.
  • High debt and weak returns limit competitive strength compared to peers.

📈 Entry Zone & Long-Term Guidance

  • Entry Zone: Reasonable accumulation range between ₹5,400 – ₹6,000, closer to its 52-week low.
  • Long-Term Holding: Fundamentals are weak relative to valuation. Suitable only for high-risk investors betting on consumer durable growth. Accumulate cautiously on dips.

✅ Positive

  • Turnaround in profitability with PAT improving to ₹46.4 Cr.
  • DII holdings increased by 3.66%, showing strong domestic institutional confidence.
  • EPS of ₹41.8 reflects earnings recovery.

⚠️ Limitation

  • Extremely high P/E ratio (165) compared to industry average.
  • Weak ROCE (11.6%) and ROE (7.63%) highlight poor efficiency.
  • Debt-to-equity ratio of 0.69 indicates moderate leverage.

📉 Company Negative News

  • FII holdings declined by 3.63%, showing reduced foreign investor confidence.
  • MACD at -89.4 and RSI at 43.0 reflect bearish technical signals.

📈 Company Positive News

  • Quarterly profit turnaround highlights operational recovery.
  • DII holdings increased significantly, showing confidence from domestic institutions.

🏭 Industry

  • Consumer durables sector benefits from rising disposable income and urban demand.
  • Industry PE at 43.3 is far lower than company’s valuation, highlighting relative overpricing of AMBER.

🔎 Conclusion

AMBER shows a turnaround in profitability and strong domestic institutional support, but suffers from extremely high valuations, weak efficiency, and moderate debt levels. While industry demand is favorable, the stock trades at a steep premium. Best strategy: accumulate cautiously near ₹5,400–₹6,000 only if confident in long-term consumer durable growth, otherwise avoid due to valuation risks.

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