Amber Enterprises: H1 revenue up 25% amid mixed divisional performance

Amber Enterprises India Ltd. reported a 25% growth in H1 FY26 revenue to ₹ 5,096 Cr, with operating EBITDA increasing by 13% to ₹ 361 Cr. However, profit after tax (PAT) declined by 23% to ₹ 74 Cr for the same period. Q2 FY26 saw flat revenue at ₹ 1,647 Cr, a 19% decline in operating EBITDA to ₹ 98 Cr, and a loss of ₹ 32 Cr in PAT, contrasting with a profit of ₹ 21 Cr in the previous year's same quarter. The company attributes the Q2 PAT impact to higher financing costs from a Power-One stake purchase, elevated inventory, and joint venture losses.

Despite a challenging RAC industry that saw a ~35% decline in Q2, the Consumer Durables division reported 15% revenue growth in H1 FY26, though declining 18% in Q2 FY26. The Electronics Division demonstrated strong performance with 60% revenue growth in H1 FY26 and 30% in Q2 FY26, securing an approval for Ascent Circuit's multi-layer PCBs application for an investment of ₹ 991 Cr. Furthermore, IL JIN Electronics (India) Pvt Ltd secured ₹1,750 Cr in strategic funding.

The Railway Sub-systems & Defense division recorded a 17% revenue growth in H1 FY26 and 7% in Q2 FY26, with an order book visibility of ₹ 2,600 Cr. The company successfully raised approximately ₹ 1,000 Cr in equity funds through Qualified Institutions Placement during the period.