Amber Enterprises Investment Analysis by GNV Ravi Teja
Sharing my view about Amber Enterprises - Amber has contract manufacturing of Air conditioners for most of the top companies in India - Recently they have started Micro oven manufacturing as well - They have 15 production units in various locations which are operational with 75% - 80% capacity utilization - D/E is 0.21 which is negligible which is good for the company with a positive net cash flow - FII's hold 24.5 % and Mutual funds hold 9.5 % which is doubled in one year - 61% of Revenue is from AC units and 39% is from components and digital apps - Amber enterprises acquired some entities strategically PICL India Manufacture of components of consumer durable products App Serve Appliance Service of consumer durable components IL JIN Electronics Manufacture of components of consumer durable products Ever Electronics Manufacture of components of consumer durable products Sidwal Refrigeration Ind Providing airconditioning equipment