Ather Energy Ltd
Incorporated in 2013, Ather Energy ltd is an Indian electric two-wheeler (E2W) company engaged in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, and supporting software systems[1]
- Market Cap ₹ 57,675 Cr.
- Current Price ₹ 1,462
- High / Low ₹ 1,589 / 413
- Stock P/E
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 1.00
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.18%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| 3,672 | |
| 4,080 | |
| Operating Profit | -408 |
| OPM % | -11% |
| 146 | |
| Interest | 82 |
| Depreciation | 173 |
| Profit before tax | -517 |
| Tax % | 0% |
| -517 | |
| EPS in Rs | -13.51 |
| Dividend Payout % | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | % |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 250% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| Equity Capital | |
| Reserves | |
| Total Liabilities | |
| CWIP | |
| Investments | |
| Total Assets |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| Net Cash Flow | |
| Free Cash Flow | |
| CFO/OP |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2026 | |
|---|---|
| Debtor Days | |
| Inventory Days | |
| Days Payable | |
| Cash Conversion Cycle | |
| Working Capital Days | |
| ROCE % |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Patents Filed (Cumulative) patents ・Standalone data |
|
||||
| Ather Grid Charging Points charging points ・Standalone data |
|||||
| E2W Market Share (Pan-India) % ・Standalone data |
|||||
| Experience Centers (Retail Stores) stores ・Standalone data |
|||||
| Service Centers centers ・Standalone data |
|||||
| Units Sold (Wholesale) units ・Standalone data |
|||||
| COGS per Unit INR ・Standalone data |
|||||
Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
- Pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015, we would like to inform you that the Company will be participating in the investors …
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- Shareholder Meeting / Postal Ballot-Outcome of AGM
-
Shareholder Meeting / Postal Ballot-Scrutinizer"s Report
- EGM approved preferential issue of equity shares and convertible warrants; 97.72% votes in favour on August 14, 2026.
-
Shareholder Meeting / Postal Ballot-Outcome of EGM
- EGM held on August 14, 2026 to approve preferential issue of equity shares and convertible warrants.
Concalls
-
Aug 2026Transcript PPT REC
-
May 2026Transcript PPT REC
-
Feb 2026Transcript PPT REC
-
Nov 2025Transcript PPT REC
-
Aug 2025Transcript PPT REC
-
May 2025Transcript PPT REC
Leading Electric Manufacturer:[1]
Headquartered in Bangalore, Ather energy is a pioneer in the Indian Electric Two-Wheeler (E2W) market. It designs and develops E2Ws, battery packs, charging infrastructure, software, and accessories. Ather manufactures battery packs and assembles E2Ws in-house, and operates on a vertically integrated, software-defined business model. As of June'26, Ather is the 3rd largest E2W manufacturer in India by sales volume with 31k retails.