NSE ATHERENERG · BSE 544397 · Recreational Products · NIFTY 500

Ather Energy Share Price

Market closed · NSE price as of Tue 29 Sep
₹1,407.00 ▼ −₹47.87 · 3.29%
Day range · 29 Sep
₹1,404.00Low₹1,458.00High
52-week range
₹542.20Low · 29 Sep 2025₹1,741.90High · 1 Sep 2026

Ather Energy Overview

Where the price stands, how it has moved and how it sits against its averages.

Ather Energy shares last traded at ₹1,407.00 on the NSE, down 3.29% on the day. That is 19.2% below the 52-week high of ₹1,741.90 and 159.5% above the 52-week low of ₹542.20. Its market value is ₹55,505 Cr.

NSE closing prices — daily for the last year, weekly before that — ending at the latest price (Tue 29 Sep). Hover, tap or use the arrow keys to read a day.

Price returns

1 Day▼ −3.29%
1 Week▼ −8.86%
This month▼ −18.09%
3 Months▲ +29.83%
6 Months▲ +76.68%
This year▲ +86.42%
1 Year▲ +160.60%

Against the market: 1 Month ▼ −10.43% · 3 Months ▲ +41.55% · 6 Months ▲ +90.77% · This year ▲ +125.74% · 1 Year ▲ +197.82%

Shading grows with the size of the move. We ask our data provider for a newer price every 15 minutes while the market is open (9:15 AM–3:30 PM IST); next check from Fri 16 Oct, 9:15 AM. Its quotes are not real-time — the time at the top shows how current the price is.

Moving averages — price is above 2 of 6

  1. 20-day average₹1,599.92 ▼ price 12.1% below
  2. 10-day average₹1,561.42 ▼ price 9.9% below
  3. 5-day average₹1,526.44 ▼ price 7.8% below
  4. 50-day average₹1,473.02 ▼ price 4.5% below
  5. Today's price₹1,407.00
  6. 100-day average₹1,248.64 ▲ price 12.7% above
  7. 300-day average₹988.42 ▲ price 42.3% above

Each average is the mean closing price over that many trading days; averages above the current price sit higher on the ladder.

Ather Energy Financial Results

Revenue and net profit in ₹ crore, with the full statements underneath.

Revenue₹ crore
3,672
Net profit₹ crore · losses below zero
−220
−1,060
−517

Year by year

Fiscal yearRevenueGrowthNet profitNet marginEPSDividend
FY 2026 ₹3,672 Cr ▲ +62.8% −₹517 Cr −14.1% −₹13.99 —
FY 2025 ₹2,255 Cr ▲ +28.6% −₹812 Cr −36.0% −₹21.81 —
FY 2024 ₹1,754 Cr ▼ −1.5% −₹1,060 Cr −60.4% −₹28.45 ₹0.00
FY 2023 ₹1,781 Cr ▲ +335.5% −₹865 Cr −48.5% −₹23.21 ₹0.00
FY 2022 ₹409 Cr ▲ +412.4% −₹344 Cr −84.2% −₹9.24 ₹0.00
FY 2021 ₹80 Cr ▲ +126.1% −₹233 Cr −292.4% −₹6.26 ₹0.00
FY 2020 ₹35 Cr — −₹220 Cr −622.9% −₹5.90 ₹0.00

Balance sheet — FY26

Owes (liabilities)Shareholders' equity
46%
54%
  • Total assets₹4,722 Cr
  • Total liabilities₹2,149 Cr
  • Shareholders' equity₹2,573 Cr
  • Total debt₹664 Cr
  • Cash & investments₹2,553 Cr
  • Current ratio2.42×
  • Revenue growth, 5 yr115.07% a year
  • Operating margin (TTM)−11.22%
  • Net margin (TTM)−9.19%

Cash flow — FY26

Operating activities
▲ ₹72 Cr
Investing activities
▼ −₹2,527 Cr
Financing activities
▲ ₹2,497 Cr
Free cash flow
▼ −₹434 Cr
Net change in cash
▲ ₹42 Cr

Right of the line = cash coming in, left = cash going out. Free cash flow = cash from operations minus capital spending.

Full financial statements, FY20–FY26
₹ croreFY20FY21FY22FY23FY24FY25FY26
Total revenue35.3079.80408.901,780.901,753.802,255.003,671.76
Cost of revenue81.7091.70384.601,618.601,663.101,898.802,918.23
Gross profit−46.40−11.9024.30162.3090.70356.20753.53
Operating expenses245.10293.70713.402,588.702,754.702,995.204,250.29
Operating income−209.80−213.90−304.50−807.80−1,000.90−740.20−578.53
Depreciation24.7035.1048.40112.80146.70171.00172.89
Profit before tax−219.90−233.30−344.10−864.50−1,059.70−812.30−517.17
Tax0.000.000.000.000.000.000.00
Net profit−219.90−233.30−344.10−864.50−1,059.70−812.30−517.17
EPS (₹)−5.90−6.26−9.24−23.21−28.45−21.81−13.99
Dividend per share (₹)0.000.000.000.000.00——

Ather Energy vs Peers

Side by side with other recreational products companies. The small bars compare each column.

CompanyPriceChangeMarket capP/EP/BROE (5 yr)Net marginDiv. yield
Ather Energy This stock ₹1,407.00 ▼ −3.29% ₹55,505 Cr −142.30 20.93 −107.34% −9.19% 0.00%
Bajaj Auto ₹10,819.00 ▼ −1.73% ₹2,97,310 Cr 27.08 7.52 24.42% 16.78% 1.44%
TVS Motor Company ₹4,100.00 ▲ +0.41% ₹1,94,786 Cr 56.57 17.97 28.13% 5.68% 0.33%
Hero Motocorp ₹5,141.40 ▼ −4.52% ₹1,02,901 Cr 16.82 4.55 21.58% 12.18% 3.02%
Tube Investments of India ₹2,420.15 ▼ −1.42% ₹46,847 Cr 82.46 7.21 15.48% 4.89% 0.12%
Ola Electric Mobility ₹37.41 ▼ −1.21% ₹17,315 Cr — 5.04 −50.18% −81.36% —

Peer prices and ratios as last reported by the data provider. Company names link to their own pages.

Shareholding Pattern

Who owns Ather Energy shares, quarter by quarter (latest on top).

PromoterFIIMFOther
Jun '26
40.7%
16.2%
20.3%
22.7%
Mar '26
Dec '25
HolderDec '25Mar '26Jun '26Change
Promoter40.86%40.77%40.72% ▼ −0.05 pts
FII17.45%17.21%16.23% ▼ −0.98 pts
MF18.04%20.45%20.33% ▼ −0.12 pts
Other23.65%21.57%22.72% ▲ +1.15 pts

Ather Energy Key Metrics

Each ratio placed against a benchmark — the sector average, the company's own 5-year average, or a common rule of thumb.

Ather EnergyBenchmarkRule-of-thumb bands

Valuation The price against earnings, book value and sales

P/E (TTM)Price ÷ yearly earnings per share
−142.30
Loss-making over 12 months — P/E not meaningful
P/BPrice ÷ book value per share
20.93
P/SMarket cap ÷ last 12 months' revenue
13.08

Profitability Of every ₹100 of sales, how much is kept?

Gross marginKept after the cost of goods
20.90%
▲ above its 5-yr average of 14.05%
Operating marginKept after running costs
−11.22%
▲ above its 5-yr average of −34.77%
Pre-tax marginKept before tax
−9.19%
▲ above its 5-yr average of −36.45%
Net marginKept as profit
−9.19%
▲ above its 5-yr average of −36.45%

Returns & efficiency How well does it use its money?

Return on equityProfit on shareholders' money
−33.74%
▲ above its 5-yr average of −107.34%
Return on assetsProfit on everything it owns
−15.16%
▲ above its 5-yr average of −37.71%
Return on investmentProfit on long-term capital
−24.32%
▲ above its 5-yr average of −70.85%
Return on capital employedProfit before interest and tax on equity + debt
−23.78%

Growth Is the business getting bigger?

Revenue — last 12 months
+67.2%
▲ growing (off the scale)
Revenue — 3 yr, a year
+27.3%
▲ growing (off the scale)
Revenue — 5 yr, a year
+115.1%
▲ growing (off the scale)
EPS — last 12 months
+53.5%
▲ growing (off the scale)
Book value — 5 yr, a year
+46.1%
▲ growing (off the scale)

Financial strength Can it pay its bills and debts?

Debt to equityBorrowings for every ₹1 of shareholders' money
0.26×
✓ Low debt
Current ratioShort-term assets for every ₹1 due within a year
2.42×
✓ Comfortable
Quick ratioLike the current ratio, without inventory
2.22×
✓ Comfortable
Interest coverOperating profit ÷ interest to pay
−5.91×
! Weak

Per share What each share stands for

EPS (TTM)
−₹10.18
Book value
₹67.22
Cash flow
−₹5.91
Dividend
₹0.00
Revenue
₹110.78

The share price is 20.93× the book value behind each share.

Benchmarks: sector averages and 5-year averages come from the data provider; the debt and liquidity bands are common rules of thumb, not investment advice.

All 86 metrics from the data provider

Valuation

Current Dividend Yield - Common Stock Primary Issue, LTM0.00
Price to Book - most recent fiscal year21.64
Price to Tangible Book - most fiscal year25.84
Price to sales - most recent fiscal year15.72
Price to sales - trailing 12 month13.60
Net Debt, LFY−18,885.00

Per share

Cash Flow per share - trailing 12 month−5.91
Cash Flow per share - most recent fiscal year−9.31
EPS including extraordinary items - trailing 12 month−10.18
EPS including extraordinary items - most recent fiscal year−13.99
EBITD per share - trailing 12 month−8.02
Revenue/share - trailing 12 month110.78
EPS excluding extraordinary items - trailing 12 month−10.18
EPS Basic excluding extraordinary items - most recent fiscal year−13.99
EPS Basic excluding extraordinary items - trailing 12 month−10.18
Book value per share - most recent fiscal year67.23
Revenue/share - most recent fiscal year99.30
EPS Normalized - most recent fiscal year−13.85
Book value (tangible) per share - most recent fiscal year58.36
Dividends per share - trailing 12 month0.00
EPS excluding extraordinary items - most recent fiscal year−13.99
Cash per share - most recent fiscal year66.71

Margins

Operating margin - trailing 12 month−11.22
Gross Margin - 5 year average14.05
Operating margin - 1st historical fiscal year−15.76
Operating Margin - 5 year average−34.77
Net Profit Margin % - 1st historical fiscal year−14.09
Gross Margin - 1st historical fiscal year20.52
Net Profit Margin % - trailing 12 month−9.19
Net Profit Margin - 5 year average−36.45
Pretax Margin - 5 year average−36.45
Pretax margin - 1st historical fiscal year−14.09
Pretax margin - trailing 12 month−9.19
Free Operating Cash Flow/Revenue, 5 Year Average−25.94
Gross Margin - trailing 12 month20.90

Growth

EPS Change %, TTM over TTM53.53
Revenue growth rate, 5 year115.07
Revenue Change % - most recent quarter 1 year ago88.79
Revenue/share (5 yr growth)115.38
Tangible Book Value, Total Equity, 5 Year CAGR72.36
Capital Spending growth rate, 5 year42.21
Revenue Change %, TTM over TTM67.15
Growth rate% - Revenue, 3 year27.28
Book value per share growth rate, 5 year46.10
EPS Change % - most recent quarter 1 year ago73.40
Total Debt, 5 Year CAGR24.86

Financial strength

Free Cash Flow - most recent fiscal year−4,339.50
LT debt/equity - most recent fiscal year0.19
Quick ratio - most recent fiscal year2.22
Current ratio - most recent fiscal year2.42
Total debt/total equity - most recent fiscal year0.26
Net Interest coverage - trailing 12 month−5.91

Returns & efficiency

Return on average equity - 5 year average−107.34
Net Income/employee - trailing 12 month−20,34,742.00
Revenue/employee - most recent fiscal year2,07,79,630.00
Return on investment - most recent fiscal year−24.32
Return on average assets - most recent fiscal year−15.16
Receivables turnover - most recent fiscal year212.30
Inventory turnover - most recent fiscal year11.09
Revenue/employee - trailing 12 month2,21,39,180.00
Return on average assets - 5 year average−37.71
Net Income/employee - most recent fiscal year−29,26,825.00
Asset turnover - most recent fiscal year1.08
Return on average equity - most recent fiscal year−33.74
Return on investment - 5 year average−70.85

Price & volume

Market Cap56,018.03
52 week Low Date29 Sep 2025
Price - 1 Day % Change−2.81
Relative (S&P500) price percent change - 13 week41.55
Avg trading volume last 10 days3.54
Price - 13 week price percent change34.25
Price - 52 week price percent change169.48
Avg Trading Volume Last 3 months104.40
Price - 5 Day % Change−8.67
Price % Change Month To Date−15.30
Relative (S&P500) price percent change - 04 week−10.43
52 week High Date1 Sep 2026
Price - 26 week price percent change92.96
PDATE28 Sep 2026
Price - YTD price percent change92.77
Relative (S&P500) price percent change - 52 week197.82
NPRICE1,454.90
Relative (S&P500) price percent change - 26 week90.77
52 week Low542.50
52 week High1,744.00
Relative (S&P500) price percent change - Year to Date125.74

Dividends & Corporate Events

Payouts to shareholders, splits and bonus issues, and company meetings — newest first.

  • Dividend yield0.00%

No dividends on record.

Corporate calendar

  • MeetingAnnual General Meeting
  • MeetingExtraordinary General Meeting
  • BoardQuarterly Results
  • MeetingPostal Ballot
  • BoardOthers
  • BoardTo consider Fund Raising
  • BoardAudited Results
  • BoardQuarterly Results
Show 6 older events
  • MeetingPostal Ballot
  • BoardQuarterly Results
  • MeetingAnnual General Meeting
  • MeetingPostal Ballot
  • BoardQuarterly Results
  • BoardAudited Results

About Ather Energy

Recreational Products

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 conceptualized and designed by it in India. Its E2W portfolio comprises two product lines: the Ather 450 line, which caters to customers seeking performance scooters, and the Ather Rizta line, which is targeted at customers seeking convenience scooters for their family. The Company’s software, Atherstack, is developed in-house and powers all Ather products. Atherstack offers approximately 69 features related to navigation, analytics, ride assistance, safety and productivity, as well as integration with its charging infrastructure and smart accessories. Upon purchase of an E2W, its customers have the option to purchase advanced Atherstack software features through the Atherstack Pro.

Key people

  • Tarun Sanjay MehtaChief Executive Officer, Whole-Time Director (Promoter)
  • Sohil Dilipkumar ParekhChief Financial Officer
  • Puja AggarwalCompliance Officer, Company Secretary
  • Swapnil Babanlal JainWhole-Time Director (Promoter)

Company facts

  • NSE symbolATHERENERG
  • BSE code544397
  • ISININE0LEZ01016
  • IndustryRecreational Products
  • IndexNIFTY 500
  • Market cap₹55,505 Cr
  • Revenue (FY26)₹3,672 Cr
  • Net profit (FY26)−₹517 Cr

In the News

Recent headlines about Ather Energy — they open on Mint in a new tab.

Stock data comes from the exchange feed via our data provider. It is not real-time and can be delayed, so check the price with your broker before you trade. This page is for information and education only. It is not investment advice, research or a recommendation to buy, sell or hold any security. Investments in the securities market are subject to market risks; read all related documents carefully before investing. See all stocks →

Frequently Asked Questions

Ather Energy (NSE: ATHERENERG) last traded at ₹1,407.00 on the NSE, down 3.29% (₹47.87) on the day, as of 29 Sep 2026. The day's range was ₹1,404.00 – ₹1,458.00.

Ather Energy's 52-week high is ₹1,741.90 (1 Sep 2026) and its 52-week low is ₹542.20 (29 Sep 2025). At ₹1,407.00 the share is 19.2% below its high and 159.5% above its low.

Ather Energy's market capitalisation is ₹55,505 Cr (₹55,505 Cr). It is part of the NIFTY 500 index.

Ather Energy made a loss over the last 12 months, so its P/E ratio is not meaningful. Its earnings per share (TTM) are −₹10.18.

Ather Energy shares are up 160.60% over the last year, up 86.42% so far this year, up 76.68% over 6 months, up 29.83% over 3 months. Over the last year the stock did 197.82% better than the market.

In FY26 (year to Mar 2026), Ather Energy reported revenue of ₹3,672 Cr (up 62.83% on the year before) and a net loss of ₹517 Cr. Earnings per share were −₹13.99.

There is no dividend on record for Ather Energy in the data shown on this page.

As of Jun 2026: Promoter 40.72%, FII 16.23%, MF 20.33%, Other 22.72%. Promoter holding fell by 0.05 percentage points from Mar 2026.

Ather Energy's listed peers in Recreational Products include Bajaj Auto, TVS Motor Company, Hero Motocorp, Tube Investments of India, Ola Electric Mobility. By market capitalisation it ranks #4 of 6 in this group.

No. Ather Energy has debt — its debt-to-equity ratio is 0.26 and total debt was ₹664 Cr in FY26.