Amber Enterprises India Ltd (AMBER) has shown volatility, crashing 14% to ₹6,736 low post-Q2 FY26 loss, but Q3 revenue beat drove recovery. Corrected latest close ₹7,726.65 (Feb 13, 2026), with bullish short-term signals amid electronics diversification.
Technical Analysis
Latest BSE close ₹7,726.38 VWAP (Feb 13, 2026, open ₹7,750, high ₹7,820.50, low ₹7,660, volume 3.52L, 20D avg 4.68L delivery 36.86%). 52W high ₹8,626/low ₹5,235, 10.34% off high, mkt cap ₹27,204 Cr. Short MAs bullish (MA5/10/20 Buy ₹7,336-7,339), longer Sell (MA50/100 ₹7,423-7,523); Strong Buy overall (RSI 55 Buy, STOCHRSI 100 Overbought, ADX 23 Buy), MACD -23.5 Sell. Pivot Classic PP ₹7,391, R1 ₹7,422/R3 ₹7,481, S1 ₹7,364/S3 ₹7,305; resistance MA100 ₹7,523, support ₹7,300. OI surge supports rally continuation post-Q3. Long-term: Position build above PP, target ₹8,000+.
Fundamental Analysis
Q3 FY26: Revenue ₹2,943 Cr (+38% YoY/+78.68% QoQ beat est.), EBITDA ₹246 Cr (+55% YoY, margin 8.36% +90 bps beat), net loss ₹9.33-27.24 Cr (exceptionals vs PAT ₹37 Cr YoY). Q2 ₹32 Cr loss (revenue -2%, EBITDA -19.2%/margin 5.5%). Order book Railway/Defence ₹2,600 Cr (8% rev), FY26 durables +13-15%, FY27 electronics EBITDA double-digit. TTM EPS ₹45.45 (-30.8% YoY), PE 170.18 (high), P/B 7.46 avg, ROE 7.52%, ROCE 10.04%, book ₹1,036.96/share.
Continuous Downfall Reasons
Yes, 14% drop post-Q2 to 4M low ₹6,736: ₹32 Cr loss from RAC weakness (unseasonal rains/GST delays), EBITDA margin 5.5%, financing costs up (Power-One stake/inventory/JV).
Lifetime Low/Reversal Outlook
4M low ₹6,736 (not all-time low ₹622), Q3 beat triggered rally to ₹7,820+ with OI surge—no further downtrend. Reversal underway; rally continues above ₹7,523 resistance, pullback risk ₹7,300 support. Long-term: Yes, diversify play.
Recent News Events
Board meet Feb 9: Q3/9M approved (revenue/EBITDA beat, loss on exceptionals)—+3% initial jump.
Q3 call Feb 10: FY26 guidance intact, electronics ramp. Impact: Bullish ops vs loss noise.
Positive Points
Q3 revenue +38% YoY/78% QoQ beat, EBITDA margin record 8.36% ex-items.
₹2,600 Cr non-cyclical orders, FY27 electronics growth.
Strong Buy techs, positive seasonality potential.
Negative Points
Q3/Q2 losses ₹9-32 Cr (exceptionals/financing).
High PE 170x, ROE/ROCE modest, RAC risks.
Overbought STOCHRSI near resistance.
Macro View
Durables/AC demand via BEE norms (Jan 2026), PLI electronics tailwinds; cost inflation headwind.
Micro View
RAC channel rebuild, electronics/PCBA/power surge 79%; diversification de-risks, execution critical.
Disclaimer
This analysis is for informational and educational purposes only and does not constitute investment, financial, tax, legal, or any other advice. Stock markets are subject to substantial risks, including possible loss of principal. Past performance does not guarantee future results. Investors should conduct independent research, assess risk tolerance and financial situation, and consult qualified financial advisors or SEBI-registered professionals before any investment decisions. Investogainer Research assumes no liability for losses from reliance on this report. Data sourced from public domains as of Feb 15, 2026.
Conflict of Interest Disclosure
Investogainer Research (SEBI Reg No. INH000012856, BSE Enlistment No. 5845, Website: www.investogainerresearch.com), its directors, employees, associates, or related entities hold no direct/indirect positions, derivatives, or significant stakes (>1%) in Amber Enterprises India Ltd (AMBER). No compensation or incentives are tied to this analysis. All views are independent, based solely on public data.