Ather Energy Limited share price
NSE: ATHERENERG · ISIN INE0LEZ01016
Key numbers
- Market cap
- ₹ 59,299 Cr
- Current price
- ₹ 1,497.00
- 52-week high / low
- ₹ 1,744 / 543
- Stock P/E
- -
- Book value
- ₹ 67.2
- Dividend yield
- 0.00%
- ROCE
- -20.5%
- ROE
- -33.7%
- Debt to equity
- 0.26
- Sales growth (3 yrs)
- 27.2%
- Profit growth (3 yrs)
- -
- 1-year return
- 157.3%
About Ather Energy Limited
Ather Energy Limited, an electric vehicle company, engages in the design, development, and sale of electric two-wheelers, and associated product ecosystem. The company also offers vehicle architecture and chassis; battery packs and battery management system; vehicle control unit; touchscreen dashboard; motor controller; transmission; signal harness; and fast charging system. In addition, it provides charging infrastructure, software, accessories and insurance policies in the capacity of corporate agent. The company was incorporated in 2013 and is headquartered in Bengaluru, India.
Quarterly results
Consolidated figures in ₹ crores
| Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|
| Sales | 645 | 899 | 954 | 1,175 | 1,217 |
| Operating profit | -134 | -133 | -72 | -70 | -33 |
| Net profit | -178 | -154 | -85 | -100 | -51 |
| EPS (₹) | -5.23 | -4.00 | -2.22 | -2.62 | -1.33 |
Concall summary (2026-08-07)
AI summary of the earnings call transcript · tone: Positive · source document
Guidance & outlook
- Industry registrations are up 68% in the last one year, hitting 525k in Q1 FY 2027.
- In Q1 FY 2027, we received more than 7 lakh inquiries for our products.
Growth & demand
- Year -on-year wholesale growth was 81%, but year -on-year registration growth was even sharper at 102%.
- Middle India are the five zones of Gujarat, Maharashtra, MP, Chhattisgarh, and Odisha, which grew 141% in retail from Q1 last year to Q1 this year, followed by Rest of India at 118%, followed by South India at 76%.
Margins & costs
- Our current facilities have a max production capacity of 35,000 units, and I am happy to announce that we are almost at 100% utilization as we speak now.
- If I see the overall adjusted gross margin story, AGM story, we exited Q4 2026 at 25.4%.
Capex & expansion
- In fact, this is once again another quarter where retail has outpaced wholesale, driving the urgency and the need for us to ramp up both supply and capacity on a war footing.
- Go-live of AURIC will take our total capacity up from 4.2 lakh units to 9.2 lakh units later this calendar year.
Risks & challenges
- These statements reflect management's current expec tations about future performance of the company and are subject to various risks and uncertainties that may cause actual results to differ materially.
- This has happened despite production constraints and multiple supply challenges during Q1.
Peers in Auto Manufacturers
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