Amber Enterprises Share Price Target: Brokerages Nuvama, Motilal Oswal and Nirmal Bang have maintained a mixed stance on Amber Enterprises’ stock, citing concerns around EBITDA margins and top line growth of the electronics segment. The company, which is part of the Nifty Smallcap 100 index and operates in the household appliances segment, reported a consolidated net profit of Rs 134 crore for the fourth quarter of FY26, marking a 15 per cent year-on-year increase from Rs 116 crore in the corresponding period last year.
At 9:36 AM today, shares of Amber Enterprises were trading at Rs 7,037.00, down 1.63 per cent from the previous close.
Nuvama has maintained a Buy rating on the stock with a target price of Rs 7,154.
“We cut our FY27E/28E EPS estimates by 16%/10% respectively as we factor in the growth and margin guidance provided by management. We value Amber on SotP assigning 50x/40x to Electronics/Consumer Durables and Mobility Mar’28 PAT, yielding a TP of INR 8,200 (INR 9,040 earlier),” the brokerage said.
Nirmal Bang has maintained a Hold rating on Amber’s stock with a target price of Rs Rs 7,182
Motilal Oswal has maintained a Buy call on Amber’s stock with target price of Rs 8,450 (earlier Rs 8,200).
Amber Enterprises Q4
The company’s revenue from operations rose 10.5 per cent year-on-year to Rs 4,148 crore during the quarter, while operating EBITDA increased 15 per cent to Rs 362 crore. EBITDA margins expanded to 8.6 per cent, supported by better operational efficiency and an improving product mix. Gross margins also improved to around 19 per cent.
Amber Enterprises’ topline looks subdued but margins are holding firm and the outlook still stays strong.
Management remains confident on growth ahead, backed by a healthy order book in the electronics division but the real story is what’s driving that confidence despite shifting customer demand.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money-related decisions.)
