AMBER / Q3-FY26 / claim-ledger

Audit the questions that mattered.

Amber Enterprises India · Analyst questions, management answers, and the quality of the response where the ledger is available.

Research layer active

ConCallIQ research layer

Signal, with the source still visible.

Use the controls below to narrow the view, then follow the evidence into the next layer of context.

PositiveQ3-FY26 · 2026-02-10Back to quarter ↗

Questions audited

Answered directly

88%

Numeric claims

Consistency

contradicted

Question ledger

What was answered, and how?

Nadasha Jane · Philip Capital

partial

Outlook for RAC industry in Q4 and CY26 given inflation and GST changes.

the industry should be flattish this year whereas we have again and again maintained our guidance and we are uh we are hopeful to deliver about 14 to 15% kind of a growth.

Nadasha Jane · Philip Capital

direct

Risk from Mitsubishi Electric's backward integration into compressors.

No there's no risk Natasha ... we have already uh gone into uh supplying the components for the factory which was inaugurated. We are very much part of this

Du Jane · Ambit Capital

direct

Will Amber gain share as PLI ends and brands insource?

we have moved in tandem to the industrial ... we have established 24 factories now in vicinity to customers. So any customer who would like to manufacture on their own we are very happy to supply them uh the components.

Du Jane · Ambit Capital

direct

Reason for finance cost increase despite QIP.

finance cost has increased because of ... we have build some inventory ... plus we have acquired uh shogimi ... and also we increase our stake in unitronics

Sonali Salangar · Jefferies

direct

What drove 26% YoY growth in consumer durables?

we've increased our uh wallet share in some customers and uh our nonAC components is actually paying dividends now. That's uh and plus the new product categories which we have launched.

Sonali Salangar · Jefferies

direct

Capex outlook for FY26 and FY27, and Shivalik journey after impairment.

current year capex we are expecting it should be around 800 crores and ... for the next year ... should be around 1 1200 crores ... for shivalik ... we have taken a complete impairment ... we don't see now uh anything coming from the shivalik

Indarjit Agarwal · CLSA

partial

Does 13-15% guidance imply flattish or negative Q4 for RAC?

quarter four should be flattish at least ... that is our estimate ... I would urge everybody not to look at RAC sector on a quarterly basis rather than on a complete uh financial year basis.

Indarjit Agarwal · CLSA

direct

Regulation on old BEE norm inventory after Dec 31.

the norm says that the manufacturing cannot happen for the old products post 1st January whereas the manufacturer can supply the old inventory for 3 months. Coming to the retail part, the retailers are allowed to sell the old inventory for 6 months.

Pulkit · Goldman Sachs

direct

Breakdown of consumer durables between AC and non-AC components.

this quarter it has been about 60/40 60% has been finished goods and 40% have been components and sir within components AC and nonAC now almost we have reached to 50/50 split

Pulkit · Goldman Sachs

partial

Will commodity inflation pressure consumer durable margins next year?

from a B2B company's perspective it will happen with a quarter lag ... there will be slight margin impact uh but not not very big impact

Tan Sha · DAM Capital

direct

Plans to scale up Power One and Unitronics businesses.

geography expansion scope bring those products to India. Second is the product expansion ... third will be ... purchase leverage ... fourth is the backward integration.

Pravin Sahai · PL Capital

direct

Organic vs inorganic growth in electronics segment for 9 months.

about 12% uh is the uh inorganic growth contribution out of 2,100 or the number almost about 240 cr is the inorganic and rest is organic