The shares of the largest manufacturers of transformer core lamination gained up to 19 percent after the company received two purchase order from domestic entity worth up to Rs 3.4 crore.
With a market capitalization of Rs 222.00 crore, the shares of Amba Enterprises Ltd were trading at Rs 175.35 per share, increasing around 14 percent as compared to the previous closing price of Rs 153.75 apiece.
According to the company filing, Amba Enterprises Ltd has received a purchase order from Havells India Limited and KSB Limited. These orders are expected to enhance the Company’s business capacity significantly,with an estimated 4 to 5 times increase worth Rs 3.4 crore in total. The order should execute with in 20 to 30 days from the date of receipt of order.
Looking into the company’s finances, Amba Enterprises Ltd’s revenue increased by 4 percent from Rs 66 crore in Q4FY23 to 77 crore in Q4FY24. During the same period, net profits is stable at Rs 1 crore.
The company’s profitability measures show an incline in return on equity (RoE) from 15.79 percent in FY 22-23 to 17.26 percent in FY 23-24, while, during the same period return on capital employed (RoCE) increased from 21.67 percent to 24.50 percent. In contrast, the net profit margin (NPM) was 2.18 percent in fiscal year 22-23.
In the company’s recent shareholding pattern, promoters own 43.01 percent while Retail shareholders own a 56.99 percent stake in the company.
The stock has delivered returns of 88.96 percent in the last six months and a multi-bagger return of 153.22 percent in a year. A shareholder’s investment of Rs. 1 lakh in the company would be worth Rs. 2.53 lakh in a year.
Amba Enterprises Limited is engaged in the manufacturing and selling of coil, transformer lamination sheets and related products. It provides a range of products, such as silicon steel slit coils, cut to size transformer laminations, toroidal cores, motor stamping, and die casting rotors.
Written by:- Abhishek Singh
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