Amber Enterprises India Limited provides room air conditioner solutions in India. It designs and manufactures a range of room air conditioners (RACs), including window air conditioners, indoor units, and outdoor units of split air conditioners; and inverter RACs. The company offers functional components of RACs, such as heat exchangers, motors, and multi-flow condensers; and other RAC components comprising sheet metal components, copper tubing, plastic extrusion, vacuum forming, and injection molding components. In addition, it manufactures components for other consumer durables and automobiles, such as case liners for refrigerators and plastic extrusion sheets; sheet metal components for microwave; and washing machine tub assemblies, as well as extrusion components for automobiles and metal ceiling industries. Further, the company provides mobile air conditioners for railway, metro trains, bus, defense, and other establishments. It also exports its products. Amber Enterprises India Limited was incorporated in 1990 and is based in Gurugram, India.
Revenue projections:
Revenue projections for AMBER AMBER's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
currentRatio
1.22400
forwardPE
41.82175
debtToEquity
74.27000
earningsGrowth
0.00000
revenueGrowth
-0.02200
grossMargins
0.16727
operatingMargins
0.01278
trailingEps
64.97000
forwardEps
113.06000
Amber Enterprises India Limited's current ratio of 1.224 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that Amber Enterprises India Limited is financially well-prepared to meet its liabilities without difficulty. Amber Enterprises India Limited's low growth in earnings and revenue points to a likely reduction in profits. This signals a weakening financial performance, indicating the company might face difficulties in staying profitable. AMBER's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Price projections for AMBER AMBER's price has consistently hovered around the lower end of analysts' projections. This pattern may reflect concerns regarding the company's ability to achieve its anticipated growth.
Recommendation changes over time:
Recommendations trend for AMBER
The recent buy bias from analysts suggests Amber Enterprises India Limited is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, Amber Enterprises India Limited appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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