Amber Enterprises Q4 Review – A Good Play On The Localisation, PLI Theme: Dolat Capital

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Amber Enterprises India Pvt Ltd. reported inline sales and profit after tax, Ebitda came ahead of estimates.

Sales and profit after tax grew 22% YoY with continued Q4 momentum, while Ebitda was up 39% YoY.

Margins came in higher with just an 80 basis point impact on gross margins due to its cost plus model with customers.

The company continues to be a good play on the localization and production linked incentive theme, with opportunities emerging from this area.

The new air conditioner PLI has opened opportunities for the company which plans to produce more motors and printed circuit boards under PLI, while also open to doing sheet metals and plastic molds.

Click on the attachment to read the full report:

Dolat Capital Amber Enterprises India Q4Y21 Result Update.pdf


This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Most Related Links :
reporterwings Governmental News Finance News

Source link

Back to top button