AMBER

Amber Enterprises India Ltd is one of India’s largest contract manufacturers for air conditioners and a major OEM/ODM supplier for brands like Voltas, Daikin, LG, Hitachi, etc. Founded: 1956 Industry: Consumer Durables / Electronics Manufacturing RAC (Room AC) manufacturing market share: 23–27% in India Manufacturing footprint: 30+ plants across India The company has expanded beyond ACs into: Electronics manufacturing services (EMS) PCB manufacturing Railway & defence components This diversification is a long-term growth trigger. Key Metrics (Approx) Market Cap: ₹24,000–27,000 Cr P/E Ratio: 118–170 (very high) ROCE: 11–14% ROE: 7–11% Dividend Yield: 0%