# ARE&M (ARE&M) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/are&m

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹796
- Change: +0.09%
- As of: 2026-09-18
- 1D return: +0.09%
- 5D return: -2.83%
- 1M return: -14.49%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, the stock is trading at ₹796.0, below key moving averages on the daily timeframe, indicating a bearish technical stance in the short term. While the daily and weekly timeframes show price below several moving averages, the weekly Supertrend is bullish, and the monthly Supertrend is also bullish, suggesting a conflict in timeframes. The stock is currently positioned near its nearest support level of ₹793.82, approximately 0.27% below the current price, with immediate resistance noted at ₹802.08, about 0.76% higher. Recent market activity includes a downward gap on September 11, 2026, with moderate severity and a Z-score of -2.82, alongside a high participation, no clear direction anomaly on September 18, 2026. The stock has experienced a current drawdown of -0.34 and a maximum drawdown of -0.44, with annualized volatility at 0.31.

Key patterns observed include an "Evening Star" formation on the monthly timeframe and a "Doji" on the daily timeframe, both active as of September 18, 2026. The daily trend shows a strong bearish signal with ADX at 34.21 and negative DI (10.37) significantly lower than the positive DI (33.21). The monthly trend, however, shows a higher ADX of 47.22, with a bullish Supertrend direction, despite the price being below its 20-period EMA and SMA. The weekly trend exhibits a bullish Supertrend direction, though the price is below its 20-period EMA and SMA.

- The stock closed at ₹796.0 on September 18, 2026, with daily indicators suggesting a bearish trend.
- Nearest support is observed at ₹793.82 (0.27% below current price), and immediate resistance is at ₹802.08 (0.76% above current price).
- Conflicting signals exist across timeframes: daily trend is bearish, while weekly and monthly Supertrends are bullish.
- Active patterns include a monthly "Evening Star" and a daily "Doji" as of September 18, 2026.
- Watch for a break below ₹793.82 support or a move above ₹802.08 resistance for potential trend confirmation.

- Evening Star
- Doji
- Harami
- Outside Bar
- Bearish Engulfing Reversal

### News Context

Amara Raja Energy & Mobility Limited (ARE&M) has been actively engaging with investors and addressing regulatory requirements over the past week. The company held an in-person meeting with Sumitomo Mitsui DS Asset Management (Hong Kong) Limited on September 15, 2026, and a virtual meeting with Tata Mutual Fund on September 11, 2026. These sessions were focused on general business and industry discussions, with ARE&M confirming that no unpublished price-sensitive information would be shared. Additionally, the company published newspaper notices on September 16, 2026, regarding a special window for re-lodging transfer requests for physical shares, in compliance with SEBI regulations.

From a financial perspective, the company's balance sheet as of March 2020 showed significant increases in Construction Work In Progress (CWIP) to ₹827 crore and Investments to ₹156 crore, compared to March 2019 figures of ₹315 crore and ₹20 crore, respectively. This suggests a period of substantial capital expenditure and investment. Cash flow from operations also saw a notable increase, with Cash from Operating Activity rising to ₹1177 crore in March 2020 from ₹541 crore in March 2019, contributing to a Free Cash Flow of ₹477 crore in March 2020, up from ₹13 crore in the prior year. However, Cash from Financing Activity was negative ₹364 crore in March 2020, indicating debt repayment or other financing outflows.

- Amara Raja Energy & Mobility Limited held investor meetings with Sumitomo Mitsui DS Asset Management on September 15, 2026, and Tata Mutual Fund on September 11, 2026, for general business discussions.
- The company published newspaper notices on September 16, 2026, concerning a special window for re-lodging transfer requests for physical shares.
- As of March 2020, Construction Work In Progress (CWIP) stood at ₹827 crore, a significant increase from ₹315 crore in March 2019.
- Investments grew to ₹156 crore by March 2020, from ₹20 crore in March 2019.
- Cash from Operating Activity increased to ₹1177 crore for the period ending March 2020, compared to ₹541 crore for the period ending March 2019.

- Amara Raja Energy & Mobility Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Amara Raja Energy & Mobility Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Amara Raja Energy & Mobility Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL

### What Changed

As of September 18, 2026, Amara Raja Energy & Mobility (ARE&M) on the NSE is trading at ₹796.0. This represents a marginal increase from its previous trading price of ₹795.3. The company's recent trading activity shows minimal change in its daily and weekly trends, indicating a period of stability. No new filings or news developments have been reported recently that would materially alter the company's context.

- On September 18, 2026, ARE&M's stock price was ₹796.0 on the NSE.
- The stock price on September 17, 2026, was ₹795.3.
- There have been no new filings or news developments reported for ARE&M as of September 18, 2026.

### Official Filings

Amara Raja Energy & Mobility Limited (ARE&M) has disclosed its participation in several investor and analyst meetings throughout September 2026. These engagements, including one-on-one sessions with Sumitomo Mitsui DS Asset Management (Hong Kong) Limited and Tata Mutual Fund, as well as participation in the 'Ashwamedh - Elara India Dialogue 2026' conference, are intended for general discussions on business and industry topics. The company has explicitly stated that no presentations will be made and no unpublished price-sensitive information will be shared during these interactions. Additionally, ARE&M has published notices regarding a special window for re-lodgement of transfer requests for physical shares, as required by SEBI regulations. In a significant development reported on August 14, 2026, the company's Q1 FY27 consolidated revenue increased by 24% year-over-year to INR4,215 crores. The new energy business showed substantial growth, exceeding 70%, while the lead-acid business grew by 22%. Consolidated EBITDA margins were reported at 9.6%, impacted by material costs and strategic initiatives. The company also noted price increases implemented in June and planned for July. Furthermore, the Andhra Pradesh Pollution Control Board revoked a closure order on July 18, 2026, which had been issued on April 30, 2021. The company's capital expenditure for FY27 is estimated at INR1,700 crores, with INR450 crores invested in Q1, primarily for the new energy segment.

- Amara Raja Energy & Mobility Limited (ARE&M) reported Q1 FY27 consolidated revenue of INR4,215 crores, a 24% increase year-over-year.
- The new energy business revenue grew over 70% in Q1 FY27, contributing to overall growth.
- Consolidated EBITDA margin for Q1 FY27 was 9.6%, affected by material costs and strategic investments.
- The Andhra Pradesh Pollution Control Board revoked a closure order on July 18, 2026, previously issued on April 30, 2021.
- FY27 capital expenditure is estimated at INR1,700 crores, with INR450 crores spent in Q1 FY27, mainly for the new energy business.

- Amara Raja Energy & Mobility Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Amara Raja Energy & Mobility Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Amara Raja Energy & Mobility Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Amara Raja Energy & Mobility Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Amara Raja Energy & Mobility Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Amara Raja Energy & Mobility Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

Amara Raja Energy & Mobility's recent operating performance shows a mixed trajectory. Sales have demonstrated growth, with "Revenue From Operations" reported at ₹3,410.15 crore for Q3 FY2025-26, ₹3,535.75 crore for Q4 FY2025-26, and ₹4,214.54 crore for Q1 FY2026-27. However, operating profit margins ("OPM %") have seen a decline, moving from 15% in Mar 2024 to a projected 11% in Mar 2026. This margin compression, coupled with rising interest expenses from ₹33.0 crore in Mar 2024 to a projected ₹42.0 crore in Mar 2025, has impacted profitability. Net profit has shown fluctuations, with a reported ₹906.0 crore in Mar 2024, projected to be ₹964.0 crore in Mar 2025, and ₹970.0 crore in Mar 2026. Earnings Per Share (EPS) has seen a similar trend, standing at ₹49.49 in Mar 2024 and projected at ₹52.66 for Mar 2025 and ₹53.02 for Mar 2026.

Financially, the company's balance sheet indicates a significant increase in borrowings, rising from ₹153 crore in Mar 2024 to ₹258 crore in Mar 2025 and a projected ₹373 crore in Mar 2026. This increase in debt, alongside a growing "Investments" balance from ₹1,479 crore in Mar 2024 to a projected ₹2,585 crore in Mar 2026, suggests a more leveraged financial position. While "Equity Capital" has remained relatively stable at ₹18 crore from Mar 2024 to Mar 2026, the "Reserves" have grown from ₹6,750 crore in Mar 2024 to a projected ₹8,142 crore in Mar 2026. The company's "Cash from Operating Activity" has been robust, increasing from ₹1,314.0 crore in Mar 2024 to a projected ₹1,375.0 crore in Mar 2025, but is expected to slightly decrease to ₹1,340.0 crore in Mar 2026. "Free Cash Flow" has been positive, though it is projected to decrease from ₹874.0 crore in Mar 2024 to ₹631.0 crore in Mar 2025 and ₹588.0 crore in Mar 2026.

Key areas to monitor include the trend in operating profit margins, the management of increasing borrowing levels, and the conversion of operating cash flow into free cash flow. The company's "Cash Conversion Cycle" has remained relatively stable, around 74-80 days from Mar 2024 to Mar 2026, indicating consistent working capital management. "Return on Equity" has seen a decline from 12% in the 5-year period to 8% in the last year, and is projected to further decrease to 17% in Mar 2025 and 13% in Mar 2026, suggesting a potential impact on shareholder returns.

- Revenue From Operations was ₹3,410.15 crore in Q3 FY2025-26, ₹3,535.75 crore in Q4 FY2025-26, and is projected at ₹4,214.54 crore for Q1 FY2026-27.
- Operating Profit Margin (OPM %) is projected to decline from 14% in Mar 2024 to 11% in Mar 2026.
- Net Profit is reported at ₹906.0 crore for Mar 2024 and projected at ₹970.0 crore for Mar 2026.
- Borrowings are projected to increase from ₹153 crore in Mar 2024 to ₹373 crore in Mar 2026.
- Free Cash Flow is projected to decrease from ₹874.0 crore in Mar 2024 to ₹588.0 crore in Mar 2026.
- Return on Equity was 8% in the last year and is projected to be 13% in Mar 2026.

### Bull Case

Amara Raja Energy & Mobility (ARE&M) has demonstrated significant growth in its operating cash flow, indicating improved efficiency in generating cash from its core business operations. This is further supported by a substantial increase in free cash flow, suggesting the company has more cash available after covering its operational and capital expenditures. The company has also seen a notable rise in its investments and reserves, alongside an increase in total assets, pointing towards expansion and potentially reinvestment in the business. On the sales front, the company has achieved a compounded sales growth of 14% over the last five years and 13% on a trailing twelve months (TTM) basis, showcasing consistent revenue expansion.

- Cash Flow from Operations (CFO) increased to ₹1,177.0 crore in March 2020 from ₹541.0 crore in March 2019.
- Free Cash Flow improved to ₹477.0 crore in March 2020 from ₹13.0 crore in March 2019.
- Investments grew to ₹156 crore in March 2020 from ₹20 crore in March 2019.
- Reserves increased to ₹3,639 crore in March 2020 from ₹3,318 crore in March 2019.
- Compounded Sales Growth was 14% over 5 years and 13% on a TTM basis.

### Bear Case

The company's financial position shows an increasing trend in borrowings and capital expenditure, alongside a significant rise in investments. While cash flow from operations has improved, the company has also seen a substantial increase in cash outflow from investing activities, leading to a reduced net cash flow in the latest reported period. Profit growth has been stagnant over a five-year period, with a recent decline in the trailing twelve months (TTM). Technical indicators suggest a bearish trend on a daily basis, with the current closing price below key moving averages and the Supertrend indicator signaling a bearish direction.

- Borrowings increased from ₹58 crore in March 2019 to ₹84 crore in March 2020.
- Capital Work In Progress (CWIP) rose from ₹315 crore in March 2019 to ₹827 crore in March 2020.
- Investments grew from ₹20 crore in March 2019 to ₹156 crore in March 2020.
- Cash flow from investing activities increased from ₹-448 crore in March 2019 to ₹-831 crore in March 2020.
- Net cash flow decreased from ₹1 crore in March 2019 to ₹-18 crore in March 2020.
- Compounded profit growth over 5 years is reported at 0%, with a -6% change in the trailing twelve months.
- Daily technical indicators show a bearish Supertrend direction as of September 18, 2026, with the closing price of ₹796.0 below the 20-day EMA (₹847.5) and 50-day EMA (₹871.14).

### FAQs

**How has Amara Raja Energy & Mobility Limited's (ARE&M) cash flow from operations and free cash flow changed between March 2019 and March 2020?**

ARE&M's cash flow from operating activities increased significantly from ₹541 crore in March 2019 to ₹1177 crore in March 2020. Correspondingly, free cash flow also saw a substantial rise, from ₹13 crore in March 2019 to ₹477 crore in March 2020.

**What has been the trend in Amara Raja Energy & Mobility Limited's (ARE&M) sales and profit growth over the last five years and on a trailing twelve-month (TTM) basis?**

Over the last five years, ARE&M has demonstrated a compounded sales growth of 14%. The TTM compounded sales growth is reported at 13%. In contrast, the compounded profit growth over the last five years is 0%, and the TTM compounded profit growth is -6%.

**What are the key technical indicators suggesting about Amara Raja Energy & Mobility Limited's (ARE&M) short-term trend as of September 18, 2026?**

As of September 18, 2026, daily technical indicators suggest a bearish trend for ARE&M. The closing price of ₹796.0 is below both the 20-day Exponential Moving Average (EMA) of ₹847.54 and the 50-day EMA of ₹871.14. The Supertrend indicator is also showing a bearish signal at ₹852.19.

**What recent investor interactions has Amara Raja Energy & Mobility Limited (ARE&M) had or scheduled?**

ARE&M has scheduled or recently held meetings with institutional investors. This includes an in-person meeting with Sumitomo Mitsui DS Asset Management (Hong Kong) Limited on September 15, 2026, and a virtual meeting with Tata Mutual Fund on September 11, 2026. These meetings were for general discussions on business and industry topics.

- Amara Raja Energy & Mobility Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Amara Raja Energy & Mobility Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Amara Raja Energy & Mobility Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- AMARA RAJA ENERGY & MOBILITY LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Downtrend
- Pivot point: ₹793.82
- Risk regime: Higher Price Risk

### Support levels
- 793.5250000000001
- 758.85
- 722.25

### Resistance levels
- 874.425
- 1012.8
- 1061.65

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.09% |
| return_10 | -7.48% |
| return_1m | -14.94% |
| return_1y | -22.79% |
| return_20 | -14.49% |
| return_3m | -6.54% |
| return_5 | -2.83% |
| return_6m | +1.42% |
| return_since_start | -34.24% |
| return_ytd | -14.21% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | high_risk |
| label | Higher price risk |
| summary | Recent drawdown or price variability is materially high and may lead to larger short-term outcomes. |
| maximum_drawdown | -44.45% |
| annualized_volatility | +30.76% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue at a five-quarter high, but profit margins narrow

Revenue surged to ₹4,214.54 crore, up 23.9% from the same quarter last year and 19.2% from the prior quarter — the highest in the five quarters reviewed. Profit before tax rose 11.2% year-on-year to ₹254.63 crore but fell 39.5% sequentially. Net profit of ₹190.94 crore was 15.9% higher than a year earlier but 39.3% lower than the prior quarter. The pre-tax margin narrowed to 6.0%, from 6.7% a year ago and a much higher 11.9% in the previous quarter. In short, a large jump in sales did not translate into a proportional lift in profit.

## Revenue breaks out of a narrow range

Revenue from operations was ₹4,214.54 crore, up ₹813.46 crore (23.9%) from the ₹3,401.08 crore reported in Q1 of FY2025-26 and ₹678.79 crore (19.2%) from ₹3,535.75 crore in Q4. The prior four quarters had kept revenue in a tight band between ₹3,401 crore and ₹3,536 crore. This quarter broke well above that range. Segment revenue matched total revenue, consistent with single-segment reporting.

## Profit growth lags revenue, margin narrows

Profit before tax (PBT) stood at ₹254.63 crore. Year-on-year, PBT grew 11.2% from ₹228.92 crore, but it dropped 39.5% from the preceding quarter’s ₹420.91 crore. Net profit was ₹190.94 crore, a 15.9% increase over ₹164.80 crore a year earlier but a 39.3% decline from ₹314.33 crore in Q4. The pre-tax margin narrowed to 6.0% of revenue — close to the 6.7% a year ago and far below the prior quarter’s 11.9%.

## Other expenses rise sharply

Other expenses reached ₹565.74 crore, a 31.2% jump from ₹431.10 crore in the year-ago quarter and a 17.5% increase from ₹481.39 crore in the previous quarter. This was the highest other-expense figure in the five‑quarter series, exceeding the prior peak of ₹539.50 crore in Q2 of FY2025-26. The steep rise in these costs weighed on profitability and contributed to the margin contraction.

## Earnings per share follow profit trends

Basic and diluted earnings per share came to ₹10.43, up from ₹9.00 a year ago but down sharply from ₹17.17 in the preceding quarter. The movement mirrored the quarter’s net profit trend.

## Key Takeaway

Amara Raja Energy & Mobility recorded a sharp revenue increase that set a five‑quarter high, but profit did not keep pace. The pre-tax margin fell to 6.0% from 11.9% sequentially, largely because other expenses surged to their highest level in the period — absorbing a significant portion of the revenue gain. The quarter highlights that strong top‑line growth can be offset by rising costs, resulting in a thinner profit margin.

### Ratios

## Official filings

- 2026-09-16 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_16092026154359_Disclosure_NP_Sep2026_-_Special_Window.pdf)
- 2026-09-12 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_12092026215459_Disclosure_NP_Sep2026.pdf)
- 2026-09-09 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_09092026180125_Reg30-Investorconcall-15092026.pdf)
- 2026-09-09 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260909_181407010.xml)
- 2026-09-08 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260908_180146178.xml)
- 2026-09-08 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_08092026181148_Reg30-Investorconcall-11092026.pdf)
- 2026-08-27 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_27082026161711_Reg30-Investorconcall-03092026.pdf)
- 2026-08-27 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260827_161323654.xml)
- 2026-08-24 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260824_175322057.xml)
- 2026-08-14 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_14082026215348_EarningscallTranscriptQ1FY27.pdf)
- 2026-08-14 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260814_214643333.xml)
- 2026-08-11 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_11082026202052_NewspaperADintimation.pdf)
- 2026-08-11 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260811_204857239.xml)
- 2026-08-11 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_11082026204537_EarningscallAudio.pdf)
- 2026-08-10 — Management Change: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_10082026220013_AREM_41stAGMProceedings.pdf)
- 2026-08-10 — Management Change: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_10082026221425_Reg44VotingResults.pdf)
- 2026-08-10 — Earnings Presentation: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_10082026200242_EarningspresentationQ1FY27.pdf)
- 2026-08-10 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_10082026171616_Investmentinsubsidiaries.pdf)
- 2026-08-10 — Press Release: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_10082026163451_BMoutcomePressRelease.pdf)
- 2026-08-10 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_10082026132916_BMOutcomeQ1FY27.pdf)
- 2026-08-06 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_421_WebXMLFile_20260806_174142537.xml)
- 2026-08-06 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_06082026175119_Earnings_Call_Initimation.pdf)
- 2026-08-06 — Generic Announcement: Amara Raja Energy & Mobility Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_06082026220751_SE_Intimation_APPCB.pdf)
- 2026-07-31 — Official Filing: The Appellate Authority upheld an original order dated April 15, 2024, passed by the Assistant Commissioner, Tirupati, concerning alleged excess Input Tax Credit (ITC) and short-paid tax for fiscal years 2018-19 and 2019-20. The order, dated July 31, 2026, was issued under Section 107 of the CGST/APGST Act, 2017. The alleged violations include excess ITC of RCM availed and excess ITC claimed in GSTR-9 compared to GSTR-2A, with a tax demand of Rs. 1,27,17,341 and penalty of Rs. 12,71,734. Amara Raja Energy & Mobility Limited stated there is no material financial or operational impact and intends to appeal to the GST Tribunal, having already disclosed the liability as a contingent liability. — [Official attachment](https://nsearchives.nseindia.com/corporate/AMARARAJA_31072026182409_Reg_30_covering_letter_GST.pdf)
- 2026-07-31 — Official Filing: Amara Raja Energy & Mobility Limited received an order on July 31, 2026, from the Additional Commissioner, Central Tax & Customs (Appeals), Guntur, upholding a previous order. The order pertains to excess Input Tax Credit (ITC) availed and short-paid tax for FY 2018-19 and 2019-20, resulting in a tax demand of Rs. 1,27,17,341 and a penalty of Rs. 12,71,734. The company plans to appeal this order before the GST Tribunal, noting that the liability was already disclosed as a contingent liability in financial statements and expects no material impact.

## News and market events

- 2026-08-12 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: GIFT Nifty indicates muted open; Godrej Consumer shares in focus** — Sensex Today | Stock Market LIVE Updates: The Nifty 50 index finds itself at a crucial juncture ahead of the mid-week trading session with 24,500 still being the decisive level to watch on either side. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-it-godrej-consumer-thyrocare-dr-agarwal-tenneco-blocks-hal-pi-ind-share-price-liveblog-19967084.htm)
- 2026-08-10 — The Hindu: **Q1 Results Today Live: Bharat Forge shares tank after Q1 con. loss, Kwality Pharma, Ramco Industries, KPR Mill Q1 PAT up, Hindustan Copper PAT down q-o-q, AstraZeneca, Info Edge & Astra Microwave profit dip, Vi, Bosch, Lloyds Metals, Gland Pharma, Zee Entertainment, KEC International to announce Q1 results** — Q1 Results Today, 10th August 2026 Live Updates:  Follow Q1FY27 live updates from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-vodafone-idea-bosch-lloyds-metals-bharat-forge-gland-pharma-zee-entertainment-hindustan-copper-kec-international-results-10-august-2026/article71317192.ece)
- 2026-08-10 — BUSINESSTODAY: **Astra Microwave, Info Edge, Jain Irrigation, Amara Raja shares see knee-jerk reactions to Q1 results** — Astra Microwave share price, Jain Irrigation share price, Amara Raja share price, Info Edge share price, Q1 results — [Source](https://www.businesstoday.in/markets/stocks/story/astra-microwave-info-edge-jain-irrigation-amara-raja-shares-see-knee-jerk-reactions-to-q1-results-548296-2026-08-10)
- 2026-08-04 — Mint: **Ardee Industries IPO opens on August 5: 10 key things to know from the RHP before subscribing** — Ardee Industries, engaged in recycling end-of-life energy products, plans an IPO from August 5-7, with a price band of  ₹50-53 per share. The fresh issue aims to raise  ₹320 crore for working capital and debt repayment, reflecting strong growth in sales and profits. — [Source](https://www.livemint.com/market/ipo/ardee-industries-ipo-opens-tomorrow-august-5-latest-ipo-gmp-10-key-things-to-know-from-the-rhp-before-subscribing-11785813180868.html)
- 2026-08-03 — Economic Times: **Stock Radar: Amara Raja Energy on verge of a breakout from ascending triangle formation. Time to buy?** — Amara Raja Energy & Mobility is nearing a breakout from an ascending triangle pattern after months of consolidation, with analysts seeing upside towards Rs 990-995 over the next 5-7 weeks. A decisive move above Rs 920 could confirm the bullish setup, while Rs 860 remains the key stop-loss level. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-amara-raja-energy-on-verge-of-a-breakout-from-ascending-triangle-formation-time-to-buy/articleshow/132763073.cms)
- 2026-07-20 — The Hindu: **Sensex today | Stock Market Live: Sensex down 700 pts, Nifty near 24,150 in choppy trade; Axis, HDFC Bank lead losers** — Sensex, Nifty, Share Prices Live Updates: At around 12.05 pm, Sensex traded 621.88 pts or 0.80% lower at 77,529.57; and Nifty 50 declined 151.05 pts  or 0.62% to 24,183.25. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-20th-july-2026/article71241122.ece)

## Business profile

**Strategic vision:** Energy storage, manufacturing, and mobility solutions provider.

### Business segments
- **Industrial Batteries:** Provides energy storage products for industrial applications including telecom, UPS, railways, and the power sector.
- **Automotive Batteries:** Manufactures automotive batteries for aftermarket, OE supply to manufacturers, and exports to over 50 countries.
- **Advanced Cell Technologies:** Involved in developing sustainable, efficient, and resilient solutions and technologies for energy storage.
- **Lubricants:** Offers a range of lubricants, oils, and greases for industrial and automotive applications.

### Competitive strengths
- Pan-India sales and service retail network
- OE relationships with vehicle manufacturers
- International export presence to over 50 countries
- Private label supplier for other brands

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/are&m
Markdown representation: https://faxioms.com/stocks/are&m?render=md
