Amber Enterprises India Ltd (BOM:540902)
₹ 4345.85 -42.25 (-0.96%) Market Cap: 146.78 Bil Enterprise Value: 159.79 Bil PE Ratio: 91.97 PB Ratio: 7.10 GF Score: 93/100

Q1 2025 Amber Enterprises India Ltd Earnings Call Transcript

Jul 27, 2024 / 04:30AM GMT

Key Points

Positve
  • Amber Enterprises India Ltd (NSE:AMBER) reported a strong revenue growth of 41% year-on-year for Q1 FY25.
  • The company's EBITDA grew by 45%, and PAT recorded a growth of 60%, indicating robust financial performance.
  • The consumer durable division saw a significant growth of 44%, driven by a 50% increase in the RAC business and a 39% increase in the non-RAC components vertical.
  • The electronics division grew by 45% during the quarter, with EBITDA margins improving from 3% in 2018 to 7.7% in Q1 FY25.
  • Amber Enterprises India Ltd (NSE:AMBER) has expanded its product portfolio and onboarded new customers, enhancing its market position and diversification efforts.
Negative
  • The railway subsystem and defense division experienced a sluggish quarter due to delays in major projects like the Bangalore Metro and Mumbai Metro.
  • The company expects the railway subsystem and defense division to be flattish this year, impacting overall growth projections.
  • There is a high dependency on favorable weather conditions for the RAC business, which could pose a risk if weather patterns change.
  • The average selling price of hearable and wearable products has decreased by 40%, affecting the top-line growth of the electronics division.
  • The company's net debt stood at INR965 crores, which could be a concern if not managed effectively.
Operator

Ladies and gentlemen, good day, and welcome to Amber Enterprises India Limited Q1 FY25 earnings conference call. This conference call may contain forward-looking statements about the company, which are based on beliefs, opinions and expectations of the company as on date of this call. These statements are not guarantees of future performance and involve risk and uncertainties that are difficult to predict.

(Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. just piecing executed Chairman, CEO, and Whole-Time Director of Amber Enterprises, India Limited. Thank you and over to you, sir.

Jasbir Singh
Amber Enterprises India Ltd - Executive Chairman of the Board, Chief Executive Officer, Whole Time Director

Hello, and good morning, everyone. On the call, I'm joined by Mr. Sandeep Singh, Managing Director, Mr. Sudhir Goyal, our CFO; Mr. Sanjay Arora, Whole-Time Director of ILJIN Electronics, and Mr. Sachin Gupta, CEO of RAC division.

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