Amber Enterprises India Ltd, incorporated in 1956 with ~24% market share in India’s Room AC OEM/ODM industry, reported revenue decline and swing to loss in Q2FY26 impacted by weak RAC demand.
Financial Highlights:
- Revenues fell 2.26% year-on-year to ₹1,647 crore from ₹1,685 crore amid 30-35% RAC industry contraction due to prolonged monsoon and GST deferment.
- Total expenses rose 1.79% to ₹1,710 crore from ₹1,680 crore.
- Consolidated net loss of ₹32 crore vs profit of ₹21 crore YoY, with operating EBITDA down 19% to ₹98 crore.
- Earnings per share -₹9.35 vs ₹5.69 YoY.
Challenges from RAC segment weakness (down 18% YoY) offset by electronics growth (~30% YoY).
Outlook:
Amber Enterprises India Ltd eyes H1 resilience (25% revenue growth), diversification into components/electronics, and industry recovery for FY26 improvement.
Explore the company’s past earnings and latest concall transcripts, click here to visit the AlphaStreet India News Channel.
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