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The company was incorporated on April 2, 1990 as ‘Amber Enterprises India Private Limited’ at Jalandhar, Punjab as a private limited company under the Companies Act, 1956. Subsequently, the company was converted into a public company pursuant to special resolution passed by shareholders on September 20, 2017 and the name of the company was changed to ‘Amber Enterprises India Limited’ and a Fresh Certificate of Incorporation consequent upon conversion to public limited Company dated September 22, 2017 was issued by the Registrar of Companies, Chandigarh.

Amber Enterprises India is a market leader in the room air conditioner (RAC) original equipment manufacturer/original design manufacturer industry in India with a market share of 55.4% in terms of volume in Fiscal 2017. It is a one-stop solutions provider for the major brands in the The company is focused on consistently upgrading the technology used in its products as well as the processes used in manufacturing them through its research and development (R&D) efforts. It has a dedicated R&D centre located at Rajpura facility. Through its R&D and innovation capabilities, backed by an in-house tool room, it has successfully designed and developed a portfolio of wide ranging RACs and components. The company has the ability to manufacture most of its products from the concept and design stage till the final delivery thereby covering the entire manufacturing value chain.

Business area of the company

The company design and manufacture complete RACs including window air conditioners (WACs) and indoor units (IDUs) and outdoor units (ODUs) of split air conditioners (SACs) with specifications ranging from 0.75 ton to 2 ton, across energy ratings and types of refrigerant. It also design and manufacture Inverter RACs on ranging from1 ton to 2 ton. Besides, the company manufactures critical and reliability functional components of RACs such as heat exchangers, motors, inverter and non-inverter printed circuit boards and multi-flow condensers. It manufactures other RAC components such as sheet metal components, copper tubing and injection molding components. In addition, the company manufactures components for other consumer durables and automobiles such as case liners for refrigerator, plastic extrusion sheets and printed circuit boards for consumer durables and automobile industry, sheet metal components for microwave, washing machine tub assemblies and for automobiles and metal ceiling industries.

Company	Market Price	MCAP(Cr)	P/B	P/E	EPS	ROE
AMBER	2159(-1.3%)	7,226	4.4	147.7	14.4	7.1
JCHAC	1027.95(0.4%)	2,818	4.3	0.0	4.2	2.2
BLUESTARCO	1452.45(0.8%)	13,909	10.9	37.9	20.9	17.5
VOLTAS	803.6(-2.4%)	27,326	4.0	19.4	5.6	2.5

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