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India
As of 18 Sept 2026, 03:30 pm
Between March 2025 and March 2026, Ather Energy's balance sheet shows significant changes. Total Assets grew from ₹2,101 crore to ₹4,722 crore. This growth was driven by a substantial increase in Investments, from ₹41 crore to ₹552 crore, and Other Assets, from ₹1,322 crore to ₹3,202 crore. Equity Capital increased from ₹29 crore to ₹38 crore, while Reserves saw a large jump from ₹464 crore to ₹2,434 crore. Borrowings also rose from ₹619 crore to ₹664 crore, and Other Liabilities increased from ₹988 crore to ₹1,485 crore.
Ather Energy's cash flow from operating activities has shown a notable shift, moving from a negative ₹721 crore in March 2025 to a positive ₹32 crore in March 2026. Cash from financing activities increased significantly from ₹703 crore to ₹2,497 crore over the same period. However, cash used in investing activities also rose sharply from ₹100 crore to ₹2,486 crore. Free Cash Flow remained negative, improving from ₹1,060 crore in March 2025 to ₹474 crore in March 2026. Net Cash Flow turned positive, from a negative ₹118 crore in March 2025 to ₹42 crore in March 2026.
Ather Energy has experienced strong sales growth. Compounded Sales Growth over 5 years was 115%, and for the Trailing Twelve Months (TTM) it was 67%. Profit growth has also been positive, with Compounded Profit Growth for the TTM reported at 52%. The 5-year compounded profit growth is not specified as a percentage.
As of September 18, 2026, Ather Energy's stock is trading at ₹1,640.0. Daily technical indicators suggest a bullish trend with an ADX of 40.19 and the Supertrend at 1509.51. Nearest resistance levels are at ₹1,673.5 (2.04% higher) and ₹1,744.0 (6.34% higher). Support levels are identified at ₹1,608.33, ₹1,587.87, ₹1,568.93, and a pivot support at ₹1,548.47.
Ather Energy has scheduled several investor engagement events. These include participation in Arihant Capital's Bharat Connect Conference on September 29, 2026 (virtual), and an institutional investor meet on the same date. Additionally, the company held in-person investor meetings in Bengaluru on September 7 and September 9, 2026. These meetings are for business overview discussions.
As of 18 Sept 2026, 03:30 pm
Showing 3 of 14 candles
Recent drawdown or price variability is materially high and may lead to larger short-term outcomes.
Primary driver: Price swings are higher than typical
The session traded across a materially wider price range than usual.
Larger price swings can increase short-term uncertainty, especially if they continue.
Trading activity was substantially higher than usual and the price closed higher.
This may reflect stronger-than-usual market participation; follow-through and relevant company or market news merit review.
Latest complete financial results for Q1 FY2027 and comparative quarterly trends.
| Ratio / Metric | Value |
|---|---|
| Revenue From Operations | ₹1,216.92 crore |
| Net Profit | -₹51.09 crore |
| Ebitda | ₹9.45 crore |
| Earnings Per Share | ₹-1.33 per share |
| Net Profit Margin | -4.20% |
| Ebitda Margin | 0.78% |
| Ebit Margin | -2.42% |
Ather Energy reported revenue from operations of ₹1,216.92 crore for the quarter ended 30 June 2026. Total expenses of ₹1,310.74 crore outpaced revenue, but other income of ₹42.73 crore helped narrow the loss. The company recorded a net loss of ₹51.09 crore, translating to a loss of ₹1.33 per share.
Revenue from operations stood at ₹1,216.92 crore, the primary source of income. The company also generated ₹42.73 crore in other income, bringing total income to ₹1,259.65 crore. Other income provided a meaningful supplement, reducing the gap between revenue and total expenses.
The loss before tax was ₹51.09 crore. No tax expense or benefit was recorded, so the net loss for the period was also ₹51.09 crore. This net loss equates to approximately 4.2% of revenue from operations.
Basic and diluted loss per share from continuing operations were both ₹1.33.
In the June 2026 quarter, Ather Energy generated strong revenue but remained unprofitable. The loss was relatively small compared to the revenue base, and other income provided a notable offset. The expense structure was dominated by material costs, underscoring the cost-intensive nature of the business at this stage.
Exchange disclosures and regulatory announcements for Ather Energy.
Ather Energy Limited will participate in Arihant Capital's Bharat Connect Conference on September 29, 2026, in a virtual format, as disclosed under Regulation 30 of the SEBI Listing Regulations. The company noted the schedule may change and that no unpublished price-sensitive information will be shared.
Ather Energy Limited has scheduled an institutional investor meet on 2026-09-29 at 12:00 PM, held virtually as part of Arihant Capital’s Bharat Connect Conference, for a business overview discussion.
On September 18, 2026, the Nomination and Remuneration Committee of Ather Energy Limited approved the grant of 1,094 Employee Stock Options under the Ather Energy ESOP 2025 plan to eligible employees. Each option carries an exercise price of INR 1/- per share, with a face value of INR 1/-, and grants the right to acquire one equity share upon vesting. The options are exercisable within a five-year period following the date of vesting.
On September 18, 2026, Ather Energy Limited granted 1,094 Employee Stock Options (ESOPs) under the Ather Energy ESOP 2025 scheme to eligible employees. Each option carries an exercise price of INR 1/- and allows the grantee to purchase one equity share within a five-year period following vesting. The scheme is administered by the Nomination and Remuneration Committee and complies with SEBI regulations, though no options have been exercised as of the reporting date.
On September 01, 2026, the Board of Directors of Ather Energy Limited allotted 484,551 equity shares with a face value of INR 1 each to eligible holders exercising options under the Ather Energy ESOP 2025 Plan. This issuance increased the company's paid-up share capital from INR 39,61,19,200 to INR 39,66,03,751, resulting in a total of 39,66,03,751 equity shares outstanding.
Ather Energy Limited allotted 484,551 equity shares on September 1, 2026, under its ESOP/ESPS plan, increasing paid-up share capital from INR 396,119,200 to INR 396,603,751 and shares outstanding from 396,119,200 to 396,603,751. The board meeting for approval was held on July 17, 2025, and the allotment was not disclosed earlier as the ESOP plan required shareholder approval via postal ballot.
Ather Energy Limited announced two institutional investor meetings scheduled for September 7, 2026, at 16:30 IST and September 9, 2026, at 15:00 IST, both to be held in-person in Bengaluru. The meetings will feature a business overview agenda with multiple analysts and investors, coordinated by contact person Murali Sashidharan.
Ather Energy Limited informed stock exchanges on August 31, 2026, that it will participate in physical group investor/analyst meetings in Bengaluru on September 7 and September 9, 2026, with discussions based on publicly available information and no unpublished price sensitive information shared.
Recent market and company developments associated with Ather Energy.
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Ultraviolette is stitching together over ₹500 crore from new and existing investors as it steps up manufacturing in Karnataka and Tamil Nadu and expands its electric two-wheeler portfolio.
Ather Energy has surpassed Ola Electric in sales and other metrics. This and more in todays ETtech Top 5.
Both stocks attracted significant trading activity, with Ola Electric volumes crossing 1,300 lakh shares and Ather Energy volumes exceeding 52 lakh shares
Ola Electric share price gained as much as 7.5%, touching an intraday high of ₹40.51 per share on NSE. Meanwhile, Ather Energy share price rallied nearly over 4% to ₹1,648.60 on 10 September.
Despite the sharp surge seen by the stock, Ather Energy shares remain a "consensus buy" among all 14 analysts who cover the stock. The consensus estimates of price targets amounts to ₹1,740.2 per share.
Ather Energy Share Price Today - Get live NSE/BSE quotes of Ather Energy with latest news, headlines and quick analysis. View forecasts, quarterly results, dividend details, balance sheet & more.
Comprehensive Section Breakdown for Ather Energy
Strategic Vision: Develops and manufactures high-performance electric scooters.
• Proprietary fast-charging network
• In-house developed software platform for connected services
• Direct-to-consumer sales and service model
• Focus on in-house research and development
Total expenses for the quarter were ₹1,310.74 crore. The major components were:
Other expenses, not separately itemised, amounted to ₹154.60 crore.
Cost of materials consumed alone represented nearly three-quarters of total expenses, highlighting the significant weight of raw material and production costs in the quarter.
Category: Manufacturing
Designs and manufactures electric scooters incorporating advanced technology features for enhanced user experience.
Key Products & Services: Ather 450 Apex • Ather 450X Pro • Rizta
Category: Supply Chain
Operates a proprietary fast-charging network and provides home charging solutions for electric vehicles.
Key Products & Services: Ather Grid
Category: Consumer Tech
Develops an in-house software platform enabling connected services, digital upgrades, and customer engagement.
Key Products & Services: Atherstack
Core Thesis: The company integrates vehicle manufacturing, charging infrastructure, and software services to create a comprehensive electric vehicle ecosystem.
• Direct-to-Consumer Sales: Manages pricing, quality, and customer service directly to enhance the customer experience. • Proprietary Charging Network: Builds and maintains the Ather Grid, a fast-charging network to support EV adoption. • In-house Software Development: Develops Atherstack for connected services and continuous software improvements. • Asset-Light Operations: Outsources certain aspects like battery cell production and collaborates for service operations.