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Last Updated on: 15 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 540902 | NSE: AMBER

Amber Enterprises India Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 11, 2024, 1:08 pm

Market Cap 20,664 Cr.
Current Price 6,118
High / Low7,159/2,991
Stock P/E111
Book Value 625
Dividend Yield0.00 %
ROCE10.2 %
ROE6.74 %
Face Value 10.0
PEG Ratio7.73

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Amber Enterprises India Ltd

Competitors of Amber Enterprises India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hawkins Cookers Ltd 4,602 Cr. 8,6999,099/5,81040.7 6221.36 %44.5 %36.0 % 10.0
Harsha Engineers International Ltd 4,560 Cr. 501614/36033.6 1370.20 %13.4 %10.6 % 10.0
Gorani Industries Ltd 55.5 Cr. 104160/86.876.0 23.50.00 %12.2 %11.5 % 10.0
Eureka Forbes Ltd 11,407 Cr. 590644/39787.5 2220.00 %3.46 %2.45 % 10.0
V-Guard Industries Ltd 17,667 Cr. 406577/28368.0 42.70.35 %16.1 %13.8 % 1.00
Industry Average11,138.00 Cr1,717.6475.89188.680.39%14.59%11.60%6.09

All Competitor Stocks of Amber Enterprises India Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales7085879741,9371,8267501,3483,0031,7029271,2952,8052,401
Expenses6665539011,8111,7267141,2702,7991,5708681,2162,5862,211
Operating Profit4234741259937792041326078220191
OPM %6%6%8%6%5%5%6%7%8%6%6%8%8%
Other Income78991312919191351821
Interest961219212429374537374852
Depreciation24262730323236394345475155
Profit before tax1610438659-72214663-90138104
Tax %29%20%23%31%27%-69%32%26%26%-40%270%28%28%
Net Profit118335943-21510847-6-19975
EPS in Rs3.692.219.5316.9812.48-0.884.2030.8613.55-2.06-0.1428.1021.48

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales9731,2301,0891,6522,1182,7523,9633,0314,2066,9276,7297,429
Expenses8991,1289751,5211,9342,5383,6502,8043,9286,5056,2386,880
Operating Profit74102114131184214313226278422491548
OPM %8%8%10%8%9%8%8%7%7%6%7%7%
Other Income77399962830495457
Interest324353645425434246112167174
Depreciation1826314049628592108139187198
Profit before tax3140333689136191120154220191233
Tax %27%29%26%38%30%30%14%31%28%25%27%
Net Profit22292422629516483111164139168
EPS in Rs9.9613.2611.109.3019.8129.7850.3724.2232.4146.6639.4447.38
Dividend Payout %0%0%0%23%0%0%6%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)31.82%-17.24%-8.33%181.82%53.23%72.63%-49.39%33.73%47.75%-15.24%
Change in YoY Net Profit Growth (%)0.00%-49.06%8.91%190.15%-128.59%19.41%-122.02%83.13%14.01%-62.99%

Amber Enterprises India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:21%
5 Years:20%
3 Years:30%
TTM:17%
Compounded Profit Growth
10 Years:20%
5 Years:7%
3 Years:16%
TTM:18%
Stock Price CAGR
10 Years:%
5 Years:44%
3 Years:23%
1 Year:87%
Return on Equity
10 Years:9%
5 Years:8%
3 Years:7%
Last Year:7%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:43 am

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital222222243131313434343434
Reserves1882172413398619551,0971,5701,7011,8752,0312,076
Borrowings3153663583951142513833991,0691,4551,5392,032
Other Liabilities3364014944937211,1331,3881,5822,1072,8762,9872,284
Total Liabilities8611,0061,1151,2511,7282,3712,8993,5854,9106,2406,5906,427
Fixed Assets3494185005577108091,1061,1441,5052,2222,8252,965
CWIP5252362130341243128509137
Investments0000600108225193217257
Other Assets4605365796729831,5281,7812,2893,0513,7753,4573,168
Total Assets8611,0061,1151,2511,7282,3712,8993,5854,9106,2406,5906,427

Reserves and Borrowings Chart

Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +81152142127-63288221241321965
Cash from Investing Activity +-87-84-84-152-111-320-481-678-489-1,035
Cash from Financing Activity +1-68-461289363370555193-122
Net Cash Flow-5011103-813111011925-191

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-241.00-264.00-244.00-264.0070.00-37.00-70.00-173.00277.00421.00490.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days5969836965104791291149385
Inventory Days80689671838872104876856
Days Payable126116165119120148124193176143144
Cash Conversion Cycle13211421284427402517-3
Working Capital Days283734252851324432223
ROCE %15%14%14%16%14%17%9%8%11%10%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Promoters40.27%40.27%40.31%40.31%40.31%40.31%40.32%40.31%40.31%40.31%39.87%39.79%
FIIs29.06%28.11%26.88%26.44%27.10%23.91%24.20%29.69%28.29%25.98%28.42%26.39%
DIIs9.28%9.18%8.75%13.89%11.49%13.55%12.66%13.07%14.67%15.83%15.73%17.80%
Public21.40%22.44%24.05%19.36%21.11%22.24%22.84%16.91%16.73%17.87%15.99%16.02%
No. of Shareholders83,40482,09090,19694,62597,74598,11397,34481,40778,14489,14590,72596,987

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Kotak Small Cap Fund - Regular Plan618,5901.53268.13617,4442024-11-130.19%
DSP Small Cap Fund617,4441.66267.63617,4442024-11-130%
Motilal Oswal Large and Midcap Fund283,2192.3122.76617,4442024-11-13-54.13%
Motilal Oswal ELSS Tax Saver Fund207,5052.3589.94617,4442024-11-13-66.39%
Sundaram Mid Cap Fund99,8860.3543.3617,4442024-11-13-83.82%
Franklin India Opportunities Fund91,2520.7939.55617,4442024-11-13-85.22%
Franklin Build India Fund90,0001.3539.01617,4442024-11-13-85.42%
Sundaram Aggressive Hybrid Fund90,0000.7539.01617,4442024-11-13-85.42%
Sundaram Multi Cap Fund90,0001.3839.01617,4442024-11-13-85.42%
Sundaram Small Cap Fund69,5000.8830.12617,4442024-11-13-88.74%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)39.4446.6632.4124.9650.37
Diluted EPS (Rs.)39.4146.6632.4124.9650.37
Cash EPS (Rs.)96.7589.8965.0652.1179.16
Book Value[Excl.RevalReserv]/Share (Rs.)628.06579.94526.17486.92369.89
Book Value[Incl.RevalReserv]/Share (Rs.)628.06579.94526.17486.92369.89
Revenue From Operations / Share (Rs.)1997.192055.901248.42899.431260.17
PBDIT / Share (Rs.)162.40139.6791.5975.20100.94
PBIT / Share (Rs.)107.0498.3859.5747.8173.98
PBT / Share (Rs.)56.7865.1945.7935.6560.66
Net Profit / Share (Rs.)41.3948.6133.0424.7252.20
NP After MI And SOA / Share (Rs.)39.4446.6632.4124.2250.37
PBDIT Margin (%)8.136.797.338.368.01
PBIT Margin (%)5.354.784.775.315.87
PBT Margin (%)2.843.173.663.964.81
Net Profit Margin (%)2.072.362.642.744.14
NP After MI And SOA Margin (%)1.972.262.592.693.99
Return on Networth / Equity (%)6.438.236.295.0814.03
Return on Capital Employeed (%)10.9011.868.788.4315.97
Return On Assets (%)2.012.512.222.275.45
Long Term Debt / Equity (X)0.320.300.190.100.12
Total Debt / Equity (X)0.690.700.590.210.28
Asset Turnover Ratio (%)1.051.240.800.751.23
Current Ratio (X)1.021.111.131.311.20
Quick Ratio (X)0.760.790.800.880.74
Inventory Turnover Ratio (X)5.576.133.953.144.63
Dividend Payout Ratio (NP) (%)0.000.000.000.006.35
Dividend Payout Ratio (CP) (%)0.000.000.000.004.13
Earning Retention Ratio (%)0.000.000.000.0093.65
Cash Earning Retention Ratio (%)0.000.000.000.0095.87
Interest Coverage Ratio (X)3.284.216.656.197.57
Interest Coverage Ratio (Post Tax) (X)1.852.463.403.034.92
Enterprise Value (Cr.)13108.286968.8412388.2911284.704089.74
EV / Net Operating Revenue (X)1.951.012.953.721.03
EV / EBITDA (X)23.9614.8140.1444.5412.88
MarketCap / Net Operating Revenue (X)1.830.882.823.690.97
Retention Ratios (%)0.000.000.000.0093.64
Price / BV (X)5.973.226.856.973.42
Price / Net Operating Revenue (X)1.830.882.823.690.97
EarningsYield0.010.020.010.010.04

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Amber Enterprises India Ltd as of November 15, 2024 is: 4,769.39

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 15, 2024, Amber Enterprises India Ltd is Overvalued by 22.04% compared to the current share price 6,118.00

Intrinsic Value of Amber Enterprises India Ltd as of November 15, 2024 is: 5,454.40

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 15, 2024, Amber Enterprises India Ltd is Overvalued by 10.85% compared to the current share price 6,118.00

Last 5 Year EPS CAGR: 14.36%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The company has higher reserves (1,095.92 cr) compared to borrowings (723.00 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (84.08 cr) and profit (122.83 cr) over the years.
  1. The stock has a low average ROCE of 11.64%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 30.55, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 22.45, which may not be favorable.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Amber Enterprises India Ltd:
    1. Net Profit Margin: 2.07%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 10.9% (Industry Average ROCE: 14.59%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: 6.43% (Industry Average ROE: 11.6%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 1.85
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.76
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 111 (Industry average Stock P/E: 75.89)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 0.69
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Amber Enterprises India Ltd. is a Public Limited Listed company incorporated on 02/04/1990 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L28910PB1990PLC010265 and registration number is 010265. Currently Company is involved in the business activities of Manufacture of air-conditioning machines, including motor vehicles air- conditioners. Company’s Total Operating Revenue is Rs. 3137.60 Cr. and Equity Capital is Rs. 33.69 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Domestic AppliancesC-1, Phase - II, Rajpura Punjab 140401info@ambergroupindia.com
http://www.ambergroupindia.com
Management
NamePosition Held
Mr. Kartar SinghChairman Emeritus
Mr. Jasbir SinghExecutive Chairman & CEO
Mr. Daljit SinghManaging Director
Mrs. Sudha PillaiIndependent Director
Ms. Arvind UppalIndependent Director
Dr. Girish Kumar AhujaIndependent Director
Mr. Manoj Kumar SehrawatNominee Director

FAQ

What is the latest intrinsic value of Amber Enterprises India Ltd?

The latest intrinsic value of Amber Enterprises India Ltd as on 15 November 2024 is ₹4769.39, which is 22.04% lower than the current market price of ₹6,118.00.

What is the Market Cap of Amber Enterprises India Ltd?

The Market Cap of Amber Enterprises India Ltd is 20,664 Cr..

What is the current Stock Price of Amber Enterprises India Ltd as on 15 November 2024?

The current stock price of Amber Enterprises India Ltd as on 15 November 2024 is ₹6,118.

What is the High / Low of Amber Enterprises India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Amber Enterprises India Ltd stocks is 7,159/2,991.

What is the Stock P/E of Amber Enterprises India Ltd?

The Stock P/E of Amber Enterprises India Ltd is 111.

What is the Book Value of Amber Enterprises India Ltd?

The Book Value of Amber Enterprises India Ltd is 625.

What is the Dividend Yield of Amber Enterprises India Ltd?

The Dividend Yield of Amber Enterprises India Ltd is 0.00 %.

What is the ROCE of Amber Enterprises India Ltd?

The ROCE of Amber Enterprises India Ltd is 10.2 %.

What is the ROE of Amber Enterprises India Ltd?

The ROE of Amber Enterprises India Ltd is 6.74 %.

What is the Face Value of Amber Enterprises India Ltd?

The Face Value of Amber Enterprises India Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Amber Enterprises India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE