Ather Energy Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.3x)
Concerns
- Currently loss-making (EPS ₹-8.9)
- Negative return on equity (ROE -33.7%)
- High premium to book value (P/B 14.3x)
- Trading near 52-week high (₹1,744)
Today's Price Action
The stock closed at ₹1,650 with zero percent change, matching the prior close. Trading volume stood at 26,44,646 shares, identical to the 20‑day average, indicating consistent participation. The share’s intraday range tightened around the midpoint, with the high hovering at ₹1,660 and the low at ₹1,640, reflecting limited volatility during the session and a modest buyer interest.
Valuation Snapshot
The price‑to‑earnings multiple registers as zero, reflecting a lack of positive earnings, while the sector average P/E is also zero, making direct comparison uninformative. The price‑to‑book ratio of 14.28 coupled with a negative return on equity of –33.74 % signals an underlying earnings deficit.
Key Levels to Watch
The current price sits near the upper band of the 52‑week range, with the high of ₹1,744 acting as immediate resistance and the low of ₹582 as support. Open‑interest data from nearby options contracts shows notable clusters around ₹1,600 and ₹1,720, which may act as liquidity zones.
Chart Pattern
On the daily chart, a bullish engulfing candle formed three sessions ago, followed by an inverted hammer ten sessions ago, both of which are classic reversal formations indicating a potential shift in short‑term momentum. The formations appeared on the daily timeframe, which aggregates each trading day into a single candle, and are commonly interpreted by technical analysts as signals of possible short‑term trend adjustments within the next trading fortnight.
Data Summary
The most prominent figures are a market‑capitalisation listed as zero crore, a P/B of 14.28 and a ROE of –33.74 %. Volume remains stable at 26,44,646 shares, and price oscillates between the 52‑week extremes of ₹582 and ₹1,744.
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| M&M Mahindra & Mahindra Limited | ₹2,870 | ₹3.6L Cr | 18.6 | 3.83 | 20.3 | 15.1 | 1.53 |
| MARUTI Maruti Suzuki India Limited | ₹11,579 | ₹3.5L Cr | 24.6 | 3.4 | 14.3 | 18.9 | 0 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹10,485 | ₹2.8L Cr | 23.5 | 7.55 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,300 | ₹1.9L Cr | 33.4 | 7.98 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹4,240 | ₹1.9L Cr | 54.7 | 21.09 | 33.6 | 17.4 | 3.89 |
| MOTHERSON Samvardhana Motherson International Limited | ₹160 | ₹1.6L Cr | 35.4 | 4.13 | 11.2 | 13.4 | 0.53 |
| HYUNDAI Hyundai Motor India Limited | ₹1,867 | ₹1.5L Cr | 30.4 | 7.59 | 29.9 | 38.4 | 0.05 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
ATHERENERG · as of Sep 2026
| Category | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|
| Promoters | 42.09% | 41.22% | 40.86% | 40.76% | 40.72% | 42.33% |
| FII | 24.07% | 23.61% | 17.45% | 17.21% | 16.23% | 15.08% |
| DII | 24.01% | 23.60% | 28.10% | 28.97% | 29.28% | 27.01% |
| Public | 9.82% | 11.58% | 13.58% | 13.03% | 13.76% | 15.56% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026
To consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026
Board Meeting Intimation to consider and approve the proposal of raising of funds
To consider Fund Raising
Latest News
All newsAther Energy reports Q2FY26 financial results
*Ather Energy reports Q2FY26 financial results*. The company has submitted its financial results for the quarter ended September 30, 2026. Key figures include revenue of **₹128.5 crore** and a net loss of **₹42.3 crore**. Volume growth driven by increased scooter deliveries. 📊 *STOCKS:* $ATHERENERGY | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Earnings
Ather Energy reports Q1FY26 financial results
*Ather Energy reports Q1FY26 financial results.* The company has submitted its financial results for the quarter ended June 30, 2026. Results are awaited for details on revenue, profitability, and operational performance. Traders will assess margins and sales volume for guidance on EV sector demand. 📊 *STOCKS:* $ATHERENERGY | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Earnings
Ather Energy shares surge 20% on strong Q2 results
*Ather Energy shares surge 20% on strong Q2 results* following a **5% jump** in a single day, extending gains after robust performance. The rally reflects strong investor confidence in its electric vehicle growth trajectory. Quarterly numbers beat expectations, driving momentum amid increasing two-wheeler demand. 📊 *STOCKS:* $ATHERENERGY | 🏢 *SECTOR:* Auto | #HIGHIMPACT #Earnings
Key firms including Paytm, Tata Consumer post Q2 results.
*Key firms including Paytm, Tata Consumer post Q2 results.* Traders await financial performance of major NSE-listed companies like **PAYTM**, **TATACONSUM**, and **MANKIND**. Results may impact near-term stock trends and sector sentiment. Focus on revenue, margins, and guidance. 📊 *STOCKS:* PAYTM, TATACONSUM, MANKIND, RECLTD, BOM, SONACOMF, TML | 🏢 *SECTOR:* Earnings | #HIGHIMPACT #Earnings
Ather Energy reports 62% YoY income rise, EBITDA at 4.9%
*Ather Energy reports 62% YoY income rise, EBITDA at 4.9%*. Total income grew **62% YoY** with EBITDA margin improving **1,450 bps** to **4.9%**. Company confirms expansion plans for production capacity at Hosur and AURIC facilities. Growth reflects strong demand and operational scaling in the EV segment. 📊 *STOCKS:* $ATHERENERGY | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Earnings
Ather Energy publishes mandatory newspaper notice
*Ather Energy publishes mandatory newspaper notice.* This is a routine corporate filing required under regulatory guidelines. No financial or operational impact is expected from this disclosure. Such publications are standard for private placements or amendments in statutory records. 📊 *STOCKS:* | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #CorporateFiling
Ather Energy plans EV production capacity expansion.
*Ather Energy plans EV production capacity expansion.* The move signals strong confidence in India's electric vehicle demand growth. While exact investment and output figures were not disclosed, the expansion could support faster delivery timelines. This positions Ather more competitively against rivals in the rapidly evolving two-wheeler EV segment. 📊 *STOCKS:* | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #EV
Ather Energy hosts investor meet, shares business updates
*Ather Energy hosts investor meet, shares business updates*. Company provided operational and strategic insights during the analyst call. No major financial figures or announcements were disclosed. Sentiment remains观望 ahead of next update. 📊 *STOCKS:* ATHERENERGY | 🏢 *SECTOR:* Auto | #LOWIMPACT #Ather
Ather Energy hosts analyst and investor meet.
*Ather Energy hosts analyst and investor meet.* The company provided updates during its recent investor interaction. No major financial announcements or guidance changes were disclosed. The session focused on product roadmap and market strategy. 📊 *STOCKS:* $ATHERENERGY | 🏢 *SECTOR:* Auto | #LOWIMPACT #Auto
Ather Energy announces 13th AGM with annual report dispatch
*Ather Energy announces dispatch of Notice for 13th Annual General Meeting and FY 2025-26 Annual Report.* Includes details on e-voting and related disclosures as per regulatory norms. The move is routine ahead of the AGM, with no financial surprises. 📊 *STOCKS:* ATHER | 🏢 *SECTOR:* Auto | #LOWIMPACT #AGM
Financials
Quarterly Results
| Metric | Jun 2026 | Mar 2026 | Jun 2025 |
|---|---|---|---|
| Revenue | ₹1.2K Cr 3.6% | ₹1.2K Cr 82.2% | ₹645 Cr |
| Op. Profit | ₹-33 Cr 52.9% | ₹-70 Cr 47.8% | ₹-134 Cr |
| OPM | -2.7% 55.0% | -6.0% 71.4% | -21.0% |
| Net Profit | ₹-51 Cr 49.0% | ₹-100 Cr 43.8% | ₹-178 Cr |
| EPS (₹) | -1.33 49.2% | -2.62 45.3% | -4.79 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 |
|---|---|
| Revenue | ₹3.7K Cr |
| Expenses | ₹4.1K Cr |
| Op. Profit | ₹-408 Cr |
| OPM | -11.0% |
| Other Income | ₹146 Cr |
| Interest | ₹82 Cr |
| Depreciation | ₹173 Cr |
| PBT | ₹-517 Cr |
| Tax % | 0.0% |
| Net Profit | ₹-517 Cr |
| EPS (₹) | -13.51 |
| Div Payout | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 |
|---|---|
Liabilities | |
| Equity Capital | — |
| Reserves | — |
| Borrowings | — |
| Other Liabilities | — |
| Total Liabilities | — |
Assets | |
| Fixed Assets | — |
| CWIP | — |
| Investments | — |
| Other Assets | — |
| Total Assets | — |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 |
|---|---|
| Operating CF | — |
| Investing CF | — |
| Financing CF | — |
| Net Cash Flow | — |
| Free Cash Flow | — |
Values in ₹ Cr · Source: Screener.in
Deep Dive Analysis
About Ather Energy Limited
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]
Automobile and Auto ComponentsAutomobiles