BQ Prime’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 BQ Prime’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Dolat Capital Report
We recently interacted with the management of Amber Enterprises India Pvt. Ltd. During our interaction, the management indicated that the competitive landscape will largely remain unchanged despite brands setting up own facilities.
Amber aims to bring components and other businesses to 50% level, from ~35% currently by adding new products and customers. Room air conditioner margins range 6-8%, while components deliver 4-12% margins.
Mobility division (Sidwal) is growing at 15-20% with Ebitda ~27%, electronics (IL JIN Electronics India Pvt. Ltd.) at 30%, motors at 35%.
Newly acquired AmberPR and Pravartaka (injection molding) are growing 25% plus with margins of 10-12%. Except IL JIN, rest are margin accretive.
In electronics division (IL JIN), the company has added Boat as customer for wearables and bluetooth speakers. In Motors division, Amber started manufacturing brushless direct current fans recently.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. BQ Prime 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 BQ Prime.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
POPULAR