Ather Energy
Market cap ₹62,131 Cr
- P/E
- 379.21
- Day range
- ₹1,545.50 – ₹1,662.00
- 52-week range
- ₹534.50 – ₹1,744.00
- Volume
- 37.12 L
- Open
- ₹1,660.70
- Prev close
- ₹1,656.00
Key metrics
- EPS (TTM)
- ₹-10.18
- Price / Book
- 23.50
- ROE (FY26)
- -33.7%
- ROCE (latest year)
- -20%
- Dividend yield
- 0.00%
- Net margin (TTM)
- -9.2%
- Current ratio
- 2.42
- Debt / Equity
- 0.19
- Revenue growth (5y)
- 115.1%
Moving averages (NSE)
| 5-day | 10-day | 20-day | 50-day | 100-day | 300-day |
|---|---|---|---|---|---|
| ₹1,617.26Price below | ₹1,613.58Price below | ₹1,546.83Price above | ₹1,381.24Price above | ₹1,169.52Price above | ₹933.84Price above |
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
Bars in ₹ crore (a loss shows red); line is operating margin
- Revenue
- Net profit
- Operating margin
Who owns the company
Shareholding as of Jul 2026
- Promoter
- DII
- FII
- Public
Cash flows
Where cash came from and went, by fiscal year (₹ crore)
- Operating
- Investing
- Financing
- Free cash flow
Return on equity
Net profit over shareholders' equity, by fiscal year
Equity vs debt
Shareholders' equity against borrowings (₹ crore); line is debt-to-equity
- Equity
- Debt
- Debt / equity
Financial statements
| Line item | Jun 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|
| Sales | 645 | 1,175 | 1,217 |
| Expenses | 779 | 1,244 | 1,250 |
| Operating Profit | -134 | -70 | -33 |
| OPM % | -21% | -6% | -2.7% |
| Other Income | 28 | 39 | 43 |
| Interest | 24 | 18 | 22 |
| Depreciation | 48 | 52 | 39 |
| Profit before tax | -178 | -100 | -51 |
| Tax % | 0% | 0% | 0% |
| Net Profit | -178 | -100 | -51 |
| EPS in Rs | ₹-4.79 | ₹-2.62 | ₹-1.33 |
From company filings, updated 15 Sept 2026. Consolidated figures where the company reports them.Information only, not investment advice.
Working-capital cycle
+1 days since Mar 2021
-191 days since Mar 2021
-164 days since Mar 2021
-25 days since Mar 2021
+485 days since Mar 2021
Strengths, risks & growth
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]
Strengths
None flagged by the checklist.
Risks
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -1.18%
Stock Price CAGR
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- 1 Year
- +203%
Strengths and risks are a machine-generated checklist, not advice; growth is compounded annually over each period.
Shareholding pattern
| Holder | Dec 2025 | Mar 2026 | Jun 2026 | Jul 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 40.86% | 40.76% | 40.72% | 39.58% | -1.14 pp |
| FII | 17.45% | 17.21% | 16.23% | 16.77% | +0.54 pp |
| DII | 28.10% | 28.97% | 29.28% | 29.82% | +0.54 pp |
| Public | 13.58% | 13.03% | 13.76% | 13.82% | +0.06 pp |
Filed with NSE for Jul 2026: promoters 39.58%, public 60.42% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 21.05% (+0.72 pp)- Promoters39.6%
- Foreign institutions16.8%
- Mutual funds21.1%
- Insurance1.1%
- Other domestic institutions7.7%
- Retail7.3%
- Others6.5%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| SBI Small Cap Fund | 3.48% | 4.71% | -0.99 pp |
| Motilal Oswal Large & Midcap Fund | 1.25% | 3.56% | +0.19 pp |
| Motilal Oswal Flexi Cap Fund | 1.16% | 4.73% | +0.44 pp |
| HSBC Midcap Fund | 1.06% | 3.57% | +1.84 pp |
| Aditya Birla SL Flexi Cap Fund | 1.04% | 2.07% | +0.48 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- Avg
- Entry point
- Avg
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 248 daily sessions to 11 Sept 2026.
Risk
- Volatility (1Y)
- 47.9%
- Downside volatility
- 41.4%
- Worst 5% of days
- 4.3%
- Average of that tail
- 5.1%
- Max drawdown (1Y)
- 21.5%
- Below its peak
- 4.0%
Against the market
- Beta vs Nifty 50
- 0.59
- Correlation
- 0.16
- Relative strength (3M)
- +63.1%
- ATR (14)
- 3.8%
Return
- Return 1M
- +8.5%
- Return 3M
- +61.2%
- Return 6M
- +138.0%
- Return 1Y
- —
- vs 200-day average
- +74.1%
Momentum
- RSI (14)
- 64.1
- MACD histogram
- -5.66
- Stochastic %K
- 72.0
- ADX (14)
- 47.5
- +DI / −DI
- 31.9 / 12.6
- Money flow index
- 72.1
Participation
- Delivery (20d avg)
- 31.3%
- vs its 60-day baseline
- +0.6 pts
- Volume vs 20-day
- -0.0σ
- Close vs day's VWAP
- -0.0%
- 52-week position
- 94 / 100
These describe what this stock's price has already done. They are not forecasts, signals or recommendations, and a dash means the figure was withheld for want of enough history rather than being zero.
Financial quality
From consolidated statements to 31 Mar 2026.
No F-Score: it needs two reporting periods a year apart that carry both an income statement and a balance sheet, and this company's filings do not yet line up that way. The ratios below need only the one period and are unaffected.
- Net debt
- ₹5,52,28,00,000
- Net debt / equity
- 0.21
- EV / sales
- 56.31
Computed from filed statements, not filed themselves. A dash means an input was absent, and the score counts only the criteria that could actually be tested.
Corporate actions
Company announcements
With reference to the captioned subject, we wish to inform that the Board of Directors of Ather Energy Limited have vide circular resolution passed on September 01, 2026, alloted 4,84,551 ....
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Caladium Investment Pte Ltd
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company will be participating in the investors ....
Please find enclosed press release titled "Ather Energy marks 4th Ather Community Day by launching Konarc and innovations across vehicle health, batteries and charging"
Please find enclosed press release titled "Ather Energy introduces Konarc, its new electric scooter to make EVs mainstream"
Pursuant to the press release issued by the Company on July 14, 2026, regarding the hosting of Ather Community Day on August 29, 2026, we wish to inform you that the Company shall also ....
The Board of Directors of the Company vide circular resoltuion passed today i.e. August 25, 2026 have approved the allotment of 16,26,016 equity shares and 79,36,507 convertible warrants.
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company will be participating in the investors ....
Please find enclosed the voting results of 13th Annual General Meeting held on August 19, 2026 through Video Conference (VC) and the report of Scrutinizer dated August 19, 2026.
We wish to inform you that the 13th Annual General Meeting (AGM) of the company was held today i.e August 19, 2026 through Video Conferencing (VC) in compliance with circulars issued by ....
Please find enclosed the voting results of Extraordinary General Meeting held on August 14, 2026 in compliance with the provisions of regulation 44 of SEBI (Listing Obligations and Disclosure ....
We wish to inform you that the Extraordinary General Meeting (EGM) of the Company was held today i.e. August 14, 2026 through Video Conferencing (VC) in compliance with circulars issued ....
Please find enclosed herewith copies of the newspaper advertisement relating to the Corrigendum to the Notice of Extraordinary General Meeting (EGM) of the Company published today, August ....
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we would like to inform you that the Company will be participating in the investors ....
Please find enclosed herewith the transcripts of the Earnings call held on August 03, 2026.
Filed with BSE (scrip 544397); the last 45 days. Documents open at bseindia.com.
Documents
Annual reports
Earnings calls
- Aug 2026TranscriptSlidesRecording
- May 2026TranscriptSlidesRecording
- Feb 2026TranscriptSlidesRecording
- Nov 2025TranscriptSlidesRecording
- Aug 2025TranscriptSlidesRecording
- May 2025TranscriptSlidesRecording
Documents open at BSE or the rating agency that issued them.
