Amber Enterprises India Ltd — earnings calls

Amber Enterprises reported consolidated revenue growth of 13% year-on-year to INR3,888 crores in Q1 FY27, with operating EBITDA up 28% to INR337 crores and adjusted PAT up 19% to INR126 crores. Management described margin pressure in the Railway Sub-systems & Defense division and in the bare PCB business due to commodity inflation, currency depreciation and minimum wage revisions, while the Electronics division grew revenue 29% with EBITDA more than doubling. The company also discussed progress on its manufacturing collaboration with Oppo Mobiles India and on new PCB capacity expansions at Jewar and Hosur.

Amber Enterprises announced a manufacturing collaboration agreement with Oppo Mobiles India, covering the Oppo, OnePlus and Realme brands, executed on June 18. Management outlined an asset-light, sublease-based arrangement with trial production expected in Q4 FY27 and commercial production from Q1 FY28, starting at around 8 million units and scaling to 13-15 million units in year two. Management described plans to progressively deepen local value addition from assembly and SMT into components such as high-density interconnect printed circuit boards over the next five years.