1. India Stocks

  2. •

    Consumer durables

  3. •

    Motor vehicles
Ather Energy Limited

Ather Energy Limited

1,425.00
INR
-19.00
(-1.32%)
-10.18EPS
437.08BMarket Cap
Dec 02Next Earn
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
10.97
47.78
47.01
60.43
99.05
110.74
Basic EPS, GAAP
-9.24
-23.21
-28.45
-21.81
-13.99
-10.18
Free Cash Flow per Basic Share
-6.13
-23.39
-7.18
-19.35
0.86
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
Book Value per Share
6.02
16.46
14.64
13.24
67.23
- -
Tangible Book Value per Share
-1.2
10.69
9.44
7.31
58.36
- -
Basic Weighted Avg Shares
372
372
372
372
370
383
Sales/Revenue/Turnover
4,085
17,796
17,511
22,506
36,625
42,441
Operating Margin (%)
-74.54
-45.39
-47.15
-32.9
-15.66
-11.1
Depreciation Expense
484
1,128
1,467
1,710
1,729
1,638
Net Income, GAAP
-3,441
-8,645
-10,597
-8,123
-5,172
-3,900
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-84.24
-48.58
-60.52
-36.09
-14.12
-9.19
Working Capital
-1,019
2,888
1,530
-163
19,797
- -
LT Debt
1,684
2,891
1,728
2,599
4,880
- -
Total Equity
2,249
6,137
5,459
4,930
25,726
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-206.5
-182.99
-156.5
-33.74
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,762
- -
LT Borrowings
- -
3,674
- -
LT Finance Leases
- -
1,206
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
382
383
383
Market Capitalization
288,176
288,153
437,084

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
33,749
- -
Cash, Cash Equivalents & STI
- -
24,545
- -
Accounts Receivable, Net
- -
83
- -
Inventories
- -
2,816
- -
Total Current Liabilities
- -
13,952
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,762
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
421.84%
Free Cash Flow
- -
- -
-104.42%
Net Income, GAAP
- -
- -
-36.33%
Sales/Revenue/Turnover
- -
- -
62.73%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3,605
5,835
6,349
6,761
22,506
2026
6,446
8,989
9,536
11,747
36,625
2027
12,169
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-7
-5.29
-5.31
-6.29
-21.81
2026
-5.23
-4
-2.22
-2.62
-13.99
2027
-1.33
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Tarun Sanjay Mehta
Full Time Employees
3,875
Sector
Consumer durables
Industry
Motor vehicles
Address
Tower D Bangalore KA India 560029
IPO Date
May 6, 2025
Website
atherenergy.com
Similar Companies
Tesla, Inc. (NASDAQ:TSLA)
Bajaj Auto Limited (NSE:BAJAJ_AUTO)
NIO Inc. (NYSE:NIO)
Rivian Automotive, Inc. (NASDAQ:RIVN)
Tata Motors Passenger Vehicles Ltd (NSE:TMPV)
Maruti Suzuki India Limited (NSE:MARUTI)
Business
Ather Energy Ltd Ather Energy Ltd (ATHERENERG.NS) manufactures electric scooters and provides associated charging infrastructure and software solutions for the Indian electric two-wheeler market; its core products include the Ather 450 series (450, 450X, 450S, and 450 Apex), featuring advanced connectivity via 4G, Wi-Fi, Bluetooth, and 7-inch touchscreen dashboards with over-the-air updates, Android-based navigation, theft detection, and accessories like smart helmets and tire-pressure monitoring; the Ather Rizta family scooter, equipped with a 3.7kWh lithium-ion battery pack offering up to 160km range, 34L storage, and 80km/h top speed; in-house assembled battery packs; the Ather Grid fast-charging network with over 3,100 points across 100+ cities in India supporting 1km/min charging rates; and Ather Space experience centers numbering over 175 in 96 cities. Headquartered in Bengaluru, India, and founded in 2013 by Tarun Mehta and Swapnil Jain, the company operates manufacturing facilities in Whitefield, Bengaluru, and Hosur, Tamil Nadu, with an annual capacity exceeding 110,000 scooters and 120,000 battery packs; it maintains a presence in 27 cities across 15 states, serving urban consumers seeking premium, software-defined electric mobility, and recently expanded internationally by launching the Rizta in Sri Lanka. Ather Energy completed its initial public offering in May 2025, listing on the NSE and BSE after filing a DRHP in September 2024 for Rs 4,500 crore at a $2.5 billion valuation; Hero MotoCorp increased its stake to nearly 40% through additional investments of Rs 140 crore in late 2023 and Rs 124 crore in mid-2024; the company partnered with Infineon Technologies in 2025 to advance semiconductor technologies for light electric vehicles, charging, and safety; it commenced operations at a second Hosur facility in 2022, launched the Ather 450S in 2023 and Ather 450 Apex and Rizta in 2024, surpassed 341,000 cumulative E2W sales, and secured a 95-year sub-lease for Factory 3.0 in Chhatrapati Sambhajinagar, Maharashtra.