Amber Enterprises Shares Fall 9.5% After Q2FY26 Loss of ₹32 Crore; Management Cites Weather Impact and Higher Costs

Gurugram, November 7, 2025: The share price of Amber Enterprises India Ltd declined a 9.5% decline and was trading at ₹7,090, as of 10:44 AM on November 7, 2025, after the company reported a disappointing Q2FY26 performance, recording a net loss of ₹32 crore compared with a profit of ₹21 crore in the same quarter last year.

Q2FY26 and H1FY26 Financial Highlights

The company’s revenue remained largely flat year-on-year in Q2FY26, showing no significant movement. In contrast, Amber Enterprises recorded a 25% year-on-year growth in revenue during H1FY26. Operating EBITDA fell 19% in Q2FY26 but rose 13% in H1FY26. Profit after tax declined by 23% for H1FY26, reflecting the ₹32 crore loss reported in Q2FY26.

Segment-Wise Performance

In the Consumer Durables segment, its revenue declined 18% YoY in Q2FY26. The decline is followed by weaker RAC demands as the weather was non-conducive. However, in H1FY26, the company reported a 15% YoY growth.

In the Electronics Division, the company reported 60% growth in H1FY26 and 30% in Q2FY26, possessing strong momentum. Amber Enterprises also sealed a ₹991 crore EMS approval for Ascent Circuits. It has also secured a ₹1,750 crore strategic funding for IL JIN Electronics to further expand the manufacturing capacity.

The Railay Sub-System & Defence segment revenue grew 7% YoY and 17% in H1FY26. This is aided by an order boom of ₹2,600 crore and an expanding portfolio of products.

What does the Management Say?

The Managing Director of Amber Enterprises, Dalit Singh, acknowledged the near-term challenges and still maintained optimism. He said, we delivered flattish revenue and Operating EBITDA, due to non-conductive weather and deferment of purchase mainly around the GST rate reduction.  He also highlighted that the company successfully raised ₹1,000 crore via a QIP. This strengthens the balance sheet and investor confidence.

Share Price Update

The stock opened at ₹7,099, reaching an intraday high of ₹7,194 and a low of ₹6,736. Amber Enterprises India Ltd currently has a market capitalisation of ₹24,142 crore. Over the past year, the shares have gained 14%, risen 19% in the last six months, but declined 15% in the past month.

Amber Enterprises India is a leading manufacturer of air conditioners, electronic systems, and defence components. The company has a pan-India manufacturing footprint. Headquartered in Punjab, the company serves major OEMs in consumer durables and electronics.

REF: https://nsearchives.nseindia.com/corporate/AMBER_06112025205537_SE_Intimation_Press_Release_06112025.pdf

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