ATHERENERG

Ather Energy Ltd.

NSE: ATHERENERG

BSE: 544397

Sector: Automobile and Auto Components

Industry Group: Automobiles

Industry: 2/3 Wheelers

1,143.00+0.0 (+0.00%)

3 Jul, 9:59 AM

Overview

Analysis Statements Technicals Forecast Peers Resources News

Stock Scores

Quality Score

42.9 / 100

Value Score

2.1 / 100

Price Momentum Score

99.0 / 100

QVM Score

42.5 / 100

Key Metrics

Market Cap

43812.30

P/E (TTM)

P/B

17.03

P/S (TTM)

11.93

EV/EBITDA

CAPE (5Y)

ROE (TTM)

-33.73

ROCE (TTM)

-26.72

ROA (TTM)

-15.16

Avg 3Y ROE

-124.24

Earnings 3Y CAGR

15.53

Sales 3Y CAGR

27.28

Sales 5Y CAGR

115.07

Debt/Equity

0.26

Consensus TP

1077.00

Strong Buy %

40.00

Promoter Holding

40.77

Pledged %

0.00

Stock Analysis

Fundamental analysis overview of Ather Energy Ltd. covering key investment insights, growth drivers, risk factors, and potential red flags.

Views

Red Flags

Positive

Strong price momentum

Price Momentum score of 99.0 indicates that the stock has strong price momentum. Research has shown that stocks with higher momentum continue to outperform in the near term

What is Price Momentum score?

99.0 / 100

Strong revenue growth and above median growth of industry

The company delivered strong revenue growth of 62.83% for 12-month ended 31 Mar 2026 and the growth was 38.93 percentage points higher than median growth of industry

What is Sales growth (1Y)?

Median: 23.9

Value 62.83

-50.0976.28

Strong EPS growth and above median growth of industry

The company delivered strong EPS growth of 35.85% for 12-month ended 31 Mar 2026 and the growth was 11.83 percentage points higher than median growth of industry

What is EPS growth (1Y)?

Low and declining Debt to Equity

The company has low Debt to Equity of 0.26 as on 31 Mar 2026 and Debt to Equity decreased by 1.0 in the last 1 year

What is Debt to Equity?

Company is net cash

The company is net cash i.e., cash and cash equivalents exceed total debt indicating a healthy balance sheet

What is Net Debt ?

Negative

Stock is fairly expensive with negative EPS on a trailing 12-month basis

Earnings yield of -1.18% indicates that the stock is very expensive and has a negative EPS on a trailing 12-month basis

What is Earnings yield (E/P)?

Analysts have been downgrading forward EPS estimates

Analyst EPS estimate (consensus) for forward EPS has decreased by -2.32% in the last 3 months, indicating weak earnings momentum

What is Earnings upgrade (3M)?

Not enough data

Company's earnings are of low quality

Earnings quality score of 23.1 indicates that the company's earnings are of low quality. Earnings quality is measured using combination of earnings persistence, probability of manipulation and earnings to cash conversion

What is Earnings quality score?

23.1 / 100

Low dividend yield

The company has a low dividend yield of 0.0%

What is Dividend yield?

Neutral

Low ROE but improving trend

The company reported low ROE of -33.73% for 12-month ended 31 Mar 2026 but ROE improved by 12265 bps from 1 year ago

What is ROE (FY)?

Low operating margin but improving trend

The company reported low operating margin of -15.83% for 12-month ended 31 Mar 2026 but operating margin improved by 1751 bps from 1 year ago

What is Operating profit margin?

Financial Snapshot

See detailed analysis

Multi-year trends for Ather Energy Ltd. covering revenue, net profit, ROE, and EBITDA for a quick view of financial health over time.

Net Revenue FY

Profit After Tax FY

ROE FY

EBITDA FY

Ather Energy Ltd. Shareholding Pattern

Quarterly breakdown of Ather Energy Ltd. ownership including promoter, FII, DII, mutual fund, and public holdings as disclosed to NSE/BSE.

	Sep 2015	Sep 2016	May 2017	May 2018	May 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Total Promoter	82.28	82.28	82.02	82.02	82.02	81.95	81.95	0.00	-	42.09	42.09	41.22	40.86	40.77
Indian Promoter	82.28	82.28	82.02	82.02	82.02	81.95	81.95	0.00	-	42.09	42.09	41.22	40.86	40.77
Foreign Promoter	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-
Institutions	0.00	0.09	0.00	0.00	0.09	0.00	0.00	0.00	-	30.44	48.08	47.21	45.55	46.20
Mutual Funds / UTI	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	11.54	11.99	12.40	18.04	20.45
FI/Bank/Insurance	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.99	0.84	0.35	0.27	0.54
Govt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-	-	-	-	-
FII	0.00	0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	7.00	24.07	23.61	17.45	17.21
Other Institutions	0.00	0.00	0.00	0.00	0.09	0.00	0.00	0.00	0.00	10.91	11.18	10.85	9.79	7.98
Non-Institution	17.72	17.63	17.98	17.98	17.89	18.05	18.05	100.00	100.00	27.47	9.83	11.57	13.58	13.04
Bodies Corporate	0.09	0.00	0.09	0.18	4.82	0.18	0.18	5.56	0.96	1.49	1.92	1.26	1.47	1.43
Others (incl. Retail) No. of shareholders	17.63 5	17.63 5	17.89 8	17.80 7	13.07 7	17.87 8	17.87 8	94.44 10	99.04 13	25.98 2,17,690	7.91 1,41,188	10.31 1,41,170	12.11 1,72,863	11.61 1,69,291

Holdings and Presence

Indices and prominent investors with a stake in this stock.

Index Presence

#	Index	Weight	Rank
1	Nifty Smallcap 250	0.92%	12 / 249
2	Nifty 500	0.1%	185 / 499
3	Nifty Total Market	0.09%	200 / 749

Bulk, Block and Insider Trades

Recent bulk deals, block deals, and insider trading activity in Ather Energy Ltd. shares as reported to NSE and BSE.

Name	Date	Type	Price	Qty.	Value
Abu Dhabi Investment Authority	11 Feb 2026	buy	₹ 710.00	3.53 lac	-
ADITYA BIRLA SUN LIFE MUTUAL FUND	11 Feb 2026	buy	₹ 710.00	7.04 lac	₹ 50.00 cr
TATA MUTUAL FUND	11 Feb 2026	buy	₹ 710.00	7.04 lac	₹ 50.00 cr
Tata Aig Life Insurance Company Ltd	11 Feb 2026	buy	₹ 710.00	13.78 lac	-
Societe Generale	11 Feb 2026	buy	₹ 710.00	3.52 lac	-
NATIONAL INVESTMENT AND INFRASTRUCTURE FUND-II	11 Feb 2026	sell	₹ 710.00	32.79 lac	₹ 232.80 cr
National Investment And Infrastructure Fund-Ii	11 Feb 2026	sell	₹ 710.00	40.54 lac	-
Motilal Oswal Mutual Fund	11 Feb 2026	buy	₹ 710.00	7.04 lac	-
MORGAN STANLEY ASIA SINGAPORE PTE	11 Feb 2026	buy	₹ 710.00	6.03 lac	₹ 42.80 cr
Invesco Mutual Fund	11 Feb 2026	buy	₹ 710.00	7.04 lac	-

No corporate action data available.

Company Profile

Overview of Ather Energy Ltd. covering business description, industry classification, key management, financial ratios, and listed exchange details.

Ather Energy Limited is an India-based pure play electric vehicle (EV) company. The Company specializes in Indian electric two-wheeler (E2W) market. The Company sells E2Ws and the associated product ecosystem, comprised of its software, charging infrastructure and smart accessories, all of which are...

Key personnel

Mr. Sohil Dilipkumar Parekh

Chief Financial Officer

Ms. Puja Aggarwal

Compliance Officer, Company Secretary

Mr. Tarun Sanjay MehtaD

Chief Executive Officer, Whole-Time Director (Promoter)

Mr. Swapnil Babanlal JainD

Whole-Time Director (Promoter)

Mr. Niranjan Kumar GuptaD

Director

Mr. Ram KuppuswamyD

Director

Mr. Nilesh ShrivastavaD

Nominee Director

Mr. Pankaj SoodD

Nominee Director

View all

Incorporated on

21 Oct 2013

Last Annual

31 Mar 2026

Last Interim

31 Mar 2026

No. of Employees

IPO date

06 May 2025

Free Float

16,03,69,151

Website

https://www.atherenergy.com

Phone no.

+918066465750

Address

3rd Floor Tower D, IBC Knowledge Park, Bannerghatta Main Road, BANGALORE, 560029, India

Frequently Asked Questions

What is the current share price of Ather Energy Ltd.?

The current share price of Ather Energy Ltd. is ₹ 1,143.00 as of 3 Jul 2026.

What is the market capitalisation of Ather Energy Ltd.?

The market capitalisation of Ather Energy Ltd. stands at ₹ 43,812.30 Cr.

What is the PE ratio of Ather Energy Ltd.?

The Price-to-Earnings (PE) ratio of Ather Energy Ltd. is - as of the latest trailing twelve months data.

What is the ROE and ROCE of Ather Energy Ltd.?

Ather Energy Ltd. has a Return on Equity (ROE) of -33.73% and a Return on Capital Employed (ROCE) of -26.72% as per the latest financial reports.

What is the 52-week high and low of Ather Energy Ltd.?

The 52-week high of Ather Energy Ltd. is - and the 52-week low is -.

What is the dividend yield of Ather Energy Ltd.?

The dividend yield of Ather Energy Ltd. is 0.00% based on the current market price.

What is the FII and DII holding in Ather Energy Ltd.?

Foreign Institutional Investors (FII) hold 17.21%, Domestic Institutional Investors (DII) hold 20.99% and retail/public investors hold 11.61% of Ather Energy Ltd. shares.

What sector does Ather Energy Ltd. belong to?

Ather Energy Ltd. operates in the Automobile and Auto Components sector. 100% of analysts have a Buy or Strong Buy rating on Ather Energy Ltd. with a consensus target price of ₹ 1,077.00, implying 5.77% downside from current levels.

What is the beta of Ather Energy Ltd.?

The beta of Ather Energy Ltd. is 0.74, indicating its price volatility relative to the broader market. Over the past 1 year, Ather Energy Ltd. has delivered an absolute return of 257.13%.

What is the RSI of Ather Energy Ltd.?

The 14-day Relative Strength Index (RSI) of Ather Energy Ltd. is 70.41, placing it in the overbought zone. An RSI above 70 is considered overbought and below 30 is considered oversold.

Ather Energy Ltd.

Stock Scores

Key Metrics

Share Price

Stock Analysis

Financial Snapshot

Ather Energy Ltd. Shareholding Pattern

Holdings and Presence

Bulk, Block and Insider Trades

Company Profile

Frequently Asked Questions

Stock Analysis

Holdings and Presence

Company Profile