Amber Enterprises India (AMBER ) Q3 25/26 earnings summary

Executive summary

• Consolidated Q3 revenue reached INR 2,943 crore, up 38% year-over-year, with operating EBITDA at INR 247 crore, up 53%, and PAT before exceptional items at INR 84 crore, up 128%.

• Nine-month FY26 revenue was INR 8,039 crore, up 29% year-over-year, with operating EBITDA at INR 608 crore, up 26%.

• Major acquisitions and expansions in electronics, including Unitronics and Shogini Technoarts, and new land allotments for manufacturing facilities.

• Raised ₹1,750 Cr in funding for ILJIN Electronics from marquee investors, supporting ongoing expansion.

• Unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025 were approved and published, with statutory auditor review reports provided.

Financial highlights

• Q3 operating EBITDA margin improved, with EBITDA at INR 247 crore (53% growth) and PAT at INR 84 crore before a one-time impairment.

• One-time exceptional impairment loss of INR 94 crore recognized for Shivalik investment.

• Q3 Consumer Durable Division revenue at INR 1,971 crore (27% growth), EBITDA at INR 141 crore (22% growth).

• Electronics Division Q3 revenue at INR 845 crore (79% growth), EBITDA at INR 88 crore (157% growth).

• Railway Subsystems and Defense Q3 revenue at INR 127 crore (20% growth), EBITDA at INR 18 crore (49% growth).

Outlook and guidance

• Consumer Durable Division expected to grow 13%-15% for the full year despite a flattish industry.

• Electronics Division guided to achieve double-digit EBITDA margins by FY27.

• Sidwal (Railway/Defense) division expected to double revenue over the next two years, with 40% growth anticipated next year.

• Management continues to monitor regulatory changes and market developments, especially regarding labour codes and joint venture restructuring.