Amber Enterprises India set for its worst session in 4 years on slower Q4 growth, weak guidance

Amber Enterprises India

18/05/2026 07:35

** Shares of Amber Enterprises India AMBE.NS down 14.2% to 7272 rupees due to weak forecast, and slower growth in Q4

** Despite multiple acquisitions, electronics segment rev grew only 21% y/y in Q4, sharply lower than estimate of over 50% y/y growth - Investec

** The AC maker reported a 15.3% y/y rise in consol net profit, while rev grew 10.5%

** Co's FY27 rev guidance of 40% growth for electronics and 30%-35% for Sidwal, its railway air-conditioning business, was lower than expected 50% growth in both segments, Investec added

** Co's FY27 rev growth guidance was also lower than JP Morgan's estimate of over 59% growth

** Analysts at J.P. Morgan also flagged Q4 rev growth slowed down in consumer durables and electronics to 6% and 21% y/y respectively, against 27% and 79% seen in Q3

** Stock set for its worst session since May 16, 2022

** About 1.6 mln shares traded, 4.8x their 30-day moving avg

** Avg rating of 27 analysts is "buy", median PT is 8,601.5 rupees - data compiled by LSEG

** YTD, AMBE up ~13%

($1 = 96.3225 Indian rupees)

 (Reporting by Anuran Sadhu in Bengaluru)

 ((Anuran.Sadhu@thomsonreuters.com; +91 8697274436;))