Ather Energy
Market cap ₹62,483 Cr
- P/E
- 991.38
- Day range
- ₹1,345.70 – ₹1,623.00
- 52-week range
- ₹582.05 – ₹1,744.00
- Volume
- 91.23 L
- Open
- ₹1,365.60
- Prev close
- ₹1,380.00
Latest results · Q2 FY27(consolidated)Revenue ₹1,464 CrProfit ₹1 CrMargin 0.1%YoY vs the same quarter last year
No red flags in exchange filings: no rising pledge, promoter selling, surveillance or critical filing on record.
ATHERENERG in NSE indices and F&O
F&O margin for one lot of ATHERENERG (375 shares)Research profile
Composite 46 / 100Factor percentiles
Derived metrics
- Earn. yield
- 0.1%
- ROE ÷ P/B
- -1.4%
- 12-1 mom.
- +151.0%
- Return / vol
- 2.62
- Magic Formula
- #624
- FCF yield
- -0.9%
Appears in 11 scans
Percentiles rank this stock against the other tracked stocks and change as they do. Scans describe where figures sit today. Hover a label for its definition. Not investment advice.
Peer comparison
All 50 in Auto| Company | M-cap | P/E | P/B | ROE | ROCE | OPM | D/E | Sales YoY |
|---|---|---|---|---|---|---|---|---|
| Maruti SuzukiMARUTI | ₹3.53 L Cr | 24.61 | 3.30 | 14.4% | 19.0% | 8.0% | 0.00 | +35.9% |
| Mahindra & MahindraM&M | ₹3.43 L Cr | 17.37 | 3.82 | 21.9% | 15.0% | 19.0% | 1.47 | +27.8% |
| Bajaj AutoBAJAJ-AUTO | ₹2.77 L Cr | 23.95 | 7.25 | 28.6% | 28.0% | 21.0% | 0.58 | +65.1% |
| Eicher MotorsEICHERMOT | ₹1.95 L Cr | 33.78 | 7.72 | 23.8% | 31.0% | 24.0% | 0.02 | +31.5% |
| TVS MotorTVSMOTOR | ₹1.90 L Cr | 55.38 | 19.80 | 35.3% | 17.0% | 14.0% | 3.43 | +33.5% |
| Motherson SumiMOTHERSON | ₹1.63 L Cr | 37.68 | 3.92 | 10.8% | 13.0% | 9.0% | 0.47 | +16.7% |
| Hyundai Motor IndiaHYUNDAI | ₹1.52 L Cr | 30.66 | 7.52 | 29.9% | 38.0% | 9.0% | 0.05 | -0.5% |
| Ather EnergyATHERENERG | ₹62,483 Cr | 991.38 | 23.50 | -33.7% | -20.0% | -2.7% | 0.26 | — |
| Sector median | ₹24,434 Cr | 30.74 | 5.63 | 16.7% | 18.0% | 13.0% | 0.24 | +22.0% |
Sector as classified in the tracked universe; medians use every tracked Auto company, and P/E only profitable ones. Tinted figures beat the median.
Latest news
Updated 6d agoHeadlines about Ather Energy from the last two weeks in the financial press. Stories belong to their publishers; Parasram India does not endorse them.
Key metrics
- ROE (FY26)
- -33.7%
- ROCE (latest year)
- -20%
- Dividend yield
- 0.00%
Moving averages (NSE)
- 20-day
- ₹1,448.24
- Price above
- 50-day
- ₹1,515.15
- Price above
- 200-day
- ₹1,058.14
- Price above
Charts & trends
From company filings. Amounts in ₹ crore.
Revenue, profit & margin - quarterly
₹ crore; a loss shows red. Operating margin below, same periods.
- Revenue
- Net profit
Operating margin
Who owns the company
% of equity by quarter, latest Sept 2026
- Promoter
- DII
- Public
- FII
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); the ratio below, same years.
- Equity
- Debt
Debt to 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 26 Oct 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
- Promoter holding has increased by 1.61% over last quarter.
Risks
- Company has low interest coverage ratio.
Stock Price CAGR
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- 1 Year
- +95%
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 | Sept 2026 | Change |
|---|---|---|---|---|---|
| Promoter | 40.86% | 40.76% | 40.72% | 42.33% | +1.61 pp |
| FII | 17.45% | 17.21% | 16.23% | 15.08% | -1.15 pp |
| DII | 28.10% | 28.97% | 29.28% | 27.01% | -2.27 pp |
| Public | 13.58% | 13.03% | 13.76% | 15.56% | +1.80 pp |
Filed with NSE for Sept 2026: promoters 42.33%, public 57.67% · XBRL filing
Analysts & fund holdings
Who holds the shares, quarter by quarter
Mutual funds 18.06% (-2.99 pp)- Promoters42.3%
- Foreign institutions15.1%
- Mutual funds18.1%
- Insurance1.1%
- Other domestic institutions7.9%
- Retail9.0%
- Others6.6%
| Fund | % of company | % of fund | 3-month change |
|---|---|---|---|
| SBI Small Cap Fund | 2.57% | 3.51% | -2.19 pp |
| HSBC Midcap Fund | 0.89% | 3.03% | +1.30 pp |
| Aditya Birla SL Flexi Cap Fund | 0.81% | 1.68% | +0.10 pp |
| Motilal Oswal Large & Midcap Fund | 0.79% | 2.32% | -1.05 pp |
| Motilal Oswal Flexi Cap Fund | 0.74% | 3.20% | -1.09 pp |
Scorecard
- Performance
- Avg
- Valuation
- High
- Growth
- Low
- Profitability
- Avg
- Entry point
- Good
- Red flags
- Low
Analyst coverage, holdings and scorecard from market data; not a recommendation by Parasram India.
Risk & trend
From 275 daily sessions to 23 Oct 2026.
Risk
- Volatility (1Y)
- 47.4%
- Downside volatility
- 41.1%
- Worst 5% of days
- 4.3%
- Average of that tail
- 5.1%
- Max drawdown (1Y)
- 21.5%
- Below its peak
- 20.0%
Against the market
- Beta vs Nifty 50
- 0.64
- Correlation
- 0.18
- Relative strength (3M)
- +17.2%
- ATR (14)
- 4.3%
Return
- Return 1M
- -10.6%
- Return 3M
- +11.9%
- Return 6M
- +52.4%
- Return 1Y
- +124.4%
- vs 200-day average
- +30.4%
Momentum
- RSI (14)
- 37.5
- MACD histogram
- -4.55
- Stochastic %K
- 11.9
- ADX (14)
- 16.6
- +DI / −DI
- 19.9 / 25.7
- Money flow index
- 39.1
Participation
- Delivery (20d avg)
- 37.7%
- vs its 60-day baseline
- +4.0 pts
- Volume vs 20-day
- +0.2σ
- Close vs day's VWAP
- +0.2%
- 52-week position
- 71 / 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.
- Free cash flow
- -₹474 Cr
- FCF yield
- -0.9%
- Net debt
- ₹552 Cr
- Net debt / equity
- 0.21
- EV / sales
- 13.03
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.
Insider trades
| Person | Type | Shares | Value | Disclosed |
|---|---|---|---|---|
Tarun Sanjay Mehta Promoter and Director · Preferential Offer | Buy | 1,58,730 | ₹20.0 Cr | 28 Aug 2026 |
Swapnil Babanlal Jain Promoter and Director · Preferential Offer | Buy | 1,58,730 | ₹20.0 Cr | 28 Aug 2026 |
Hero MotoCorp Limited Promoter · Preferential Offer | Buy | 76,19,047 | ₹960 Cr | 28 Aug 2026 |
Disclosures filed with NSE under SEBI (Prohibition of Insider Trading) Regulations. Pledges and releases are not trades and are not counted above.
Corporate actions
Company announcements
In continuation of our intimation dated October 16, 2026, wherein we informed that a meeting of the Board of Directors is scheduled for Monday, October 26, 2026, we would like to notify ....
Ather Energy Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/10/2026 ,inter alia, to consider and approve the Unaudited Standalone and Consolidated ....
We wish to inform that Insurance Regulatory and Development Authority of India ("IRDAI") has approved and granted a Certificate of Registration dated October 15, 2026 to Ather Insurance ....
Please find enclosed herewith certificate issued under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, by MUFG Intime Private ....
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Nomination and Remuneration ....
With reference to the captioned subject, we wish to inform that the Board of Directors of Ather Energy Limited ("the Company") have vide circular resolution passed on October 01, 2026, ....
This is to inform you that pursuant to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as amended and the Company's Code of Conduct for Regulating, ....
We write with reference to our earlier intimation dated February 02, 2026 , wherein the Company had informed about the decision of the Board of Directors to incorporate a Wholly Owned Subsidiary ....
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we wish to inform that the Nomination and Remuneration ....
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 ....
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"
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.
Sourced from the company's NSE XBRL filing dated 26 Oct 2026 (unaudited). View the source filing. Figures are as filed and are not investment advice.
Ather Energy: common questions
Answered from the figures on this page.
