BSECompany Update23h ago · 19 Aug 2026, 07:22 pm
Pursuant to Regulation 30 of SEBI LODR Regulations, we are hereby submitting the transcript of the Earnings call held on Friday, 14th August, 2026 at 09:30 A.M. IST with Investors/ Analysts.
Amber Enterprises India Ltd · 540902
✦ AI Summary▲ PositiveResults
Amber Enterprises India Ltd has announced its Q1 FY27 earnings, with consolidated revenue growing 13% YoY to INR3,888 crores, operating EBITDA growing 28% to INR337 crores, and adjusted PAT growing 19% to INR126 crores. The company has also announced a manufacturing collaboration agreement with Oppo Mobiles India to expand its presence in the electronics industry, and is progressing well with the initial phase of the collaboration.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
Market Sentiment7/10
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Amber Enterprises India Ltd - 540902 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
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Date: 19th August 2026
To To
Secretary Secretary
Listing Department Listing Department
BSE Limited National Stock Exchange of India Ltd.
Department of Corporate Services Exchange Plaza, C-1, Block G, Bandra Kurla
Phiroze Jeejeebhoy Towers Dalal Street, Mumbai – Complex, Bandra (E) Mumbai – 400 051
400 001
Scrip Code : 540902 Symbol : AMBER
ISIN : INE371P01015 ISIN : INE371P01015
Subject: Transcript of Earnings Call held for discussion on Unaudited Financial Results (Standalone and
Consolidated) of the Company for the 1st quarter (April to June) of the financial year 2026-27 (“Q1FY27)
Ref.: Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Ma’am,
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, as amended, please find enclosed the transcript of the
Earnings Call held on Friday, 14th August 2026 at 09:30 A.M. IST with investors and analysts.
The call was conducted to discuss the Unaudited Financial Results (Standalone and Consolidated) of the
Company for the 1st quarter (April to June) of the financial year 2026-27 (“Q1FY27”).
The transcript is also being uploaded on the Company’s website and will be accessible at:
https://www.ir.ambergroupindia.com/news-events/investor-events/.
You are requested to take the same on record.
Thanking You,
Yours faithfully
For Amber Enterprises India Limited
(Konica Yaadav)
Company Secretary and Compliance Officer
Membership No. : A30322
“Amber Enterprises India Limited
Q1 FY27 Earnings Conference Call”
August 14, 2026
“E&OE - This transcript is edited for factual errors. In case of discrepancy, the audio recordings uploaded on the stock
exchange on August 14, 2026 will prevail.”
MANAGEMENT: MR. JASBIR SINGH – EXECUTIVE CHAIRMAN AND
CHIEF EXECUTIVE OFFICER AND WHOLE-TIME
DIRECTOR
MR. DALJIT SINGH – MANAGING DIRECTOR
MR. SUDHIR GOYAL – GROUP CHIEF FINANCIAL
OFFICER
MR. SACHIN GUPTA – WHOLE TIME DIRECTOR
MR. SANJAY ARORA – WHOLE TIME DIRECTOR –
ILJIN ELECTRONICS
MR. RAVI KHARBANDA – HEAD OF INVESTOR
RELATIONS
MR. ROHIT SINGH - HEAD OF CORPORATE AFFAIRS
Page 1 of 17
Amber Enterprises India Limited
August 14, 2026
Moderator: Ladies and gentlemen, good day, and welcome to the Q1 FY27 Earnings Conference Call of
Amber Enterprises India Limited. As a reminder, all participant lines will be in the listen-only
mode and there will be an opportunity for you to ask questions after the presentation concludes.
Should you need assistance during this conference call, please signal an operator by pressing
star then zero on your touchtone phone. Please note that this conference is being recorded. I now
hand the conference over to Mr. Jasbir Singh, Executive Chairman and CEO and Whole-Time
Director of Amber Enterprises India Limited. Thank you, and over to you, sir.
Jasbir Singh: Hello. Good morning and thank you all for joining the call. On the call today, I'm joined by Mr.
Daljit Singh, our Managing Director; Mr. Sachin Gupta, Whole-Time Director; Mr. Sanjay
Arora, Whole-Time Director of ILJIN Electronics; Mr. Sudhir Goyal, Group CFO. We have
uploaded our presentation on the exchanges and I hope everyone had an opportunity to go
through the same.
Let me first briefly talk about the strategic initiatives during this quarter. Firstly, on our
manufacturing collaboration agreement with Oppo. Laying a strong foundation for the future
growth, our group is set to foray into mobile phone through a manufacturing collaboration
agreement with Oppo Mobiles India, expanding our presence in the largest segment of the
electronics industry. The scope covers 3 brands: Oppo, OnePlus, and Realme.
I am pleased to update that the initial phase of the collaboration is progressing well. Through a
series of joint working sessions, we are working closely on key priorities and execution
milestones. We have also onboarded a Chief Operating Officer for the mobile vertical, bringing
along extensive experience and deep expertise from the mobile industry.
On timeline, we are on course to commence the trial production by quarter 4 of FY '27 and
commercial production to begin quarter 1 of FY '28. On the scale front, we expect to begin with
around 8 million units in the first year, followed by a calibrated phase-wise ramp-up and expect
to double to almost about 15 million, 16 million in the second year of operations.
To reiterate, we view this as a beginning of a longer relationship with Oppo, and we will explore
additional avenues of collaborations aligned with the Government of India's vision of
Atmanirbhar Bharat with a focus on increasing local value addition gradually.
Secondly, on the Ascent-K Circuit Expansion front, I'm pleased to share that we recently
conducted the groundbreaking ceremony of HDI PCB facility at Jewar, near new Noida Airport
in Uttar Pradesh.
The facility will bring together the complementary strengths of Amber Group and Korea Circuit
Company to localize the production of HDI PCBs, which are currently heavily import
dependent, leading to greater import substitution as well as creation of employment
opportunities in the state of Uttar Pradesh. And the Ascent Circuits construction is progressing
well for the multilayer PCB facility at Hosur in Tamil Nadu.
Switching to performance. Consolidated revenue of Amber grew by 13% year-on-year reaching
INR3,888 crores for the quarter. Operating EBITDA grew by 28% to INR337 crores, and
Page 2 of 17
Amber Enterprises India Limited
August 14, 2026
adjusted PAT of INR126 crores, recording growth of 19%. Adjusted PAT is before the
exceptional losses. Let me now take you through the divisional performances.
Firstly, on the Consumer Durable division. This division reported revenue growth of 8% Y-o-Y
basis. Let me emphasize the growth to be viewed in the context of large base of previous year
of Amber in quarter 1. The operating EBITDA grew by 12% despite the cost headwinds from
the commodity prices and minimum wage revision. Looking ahead, for the full year, we expect
the growth in tandem with the RAC industry growth.
Coming to our Electronics division. The division reported revenue growth of 29% to touch
INR985 crores. The operating EBITDA more than doubled to INR107 crores, and the margin
has expanded to 10.8%.
While the journey towards value-oriented business is yielding dividends, however, during the
quarter, the bare printed circuit board business witnessed margin compression amid steep rise in
the copper clad laminate cost. Typical of the bare PCB industry, second-tier suppliers
experienced a time lag of around 2 quarters for price pass on. The gradual price pass through the
customers is underway and progressing very well.
On the Railway Sub-system & Defense division, revenue for the division grew by 18%, while
the operating EBITDA declined by 26%, largely impacted by product mix, continued
commodity inflation, particularly copper, along with currency depreciation and minimum wage
revisions in Haryana. For the full year, we expect this division to deliver growth of about 30%
to 35% for the full year, as informed earlier.
On the expansion front, Sidwal's greenfield facility of heating, ventilation, air conditioners,
pantry, doors, and gangways in Faridabad is now operational, positioning us well for scalable
growth and business expansion.
Overall, on the margin, let me reiterate, the business continue to face pressure from elevated
commodity prices, currency depreciation and minimum wage revision and expect this to persist
through H1, which is temporary in nature and expect to normalize as macro environment
improves.
Now let me hand over to Sudhir Goyal, our CFO, for the financial highlights.
Sudhir Goyal: Hi. Good morning, everyone. And now let me take you through the consolidated financial
highlights. Revenue for quarter 1 financial year '27 increased to INR3,888 crores compared to
INR3,449 crores in the same quarter previous yea
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