Ather Energy Ltd Stock Price Today (NSE: ATHERENERG)
Fundamental Score
Ather Energy Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis
Ather Energy Ltd share price today is ₹990.20, down 0.79% on NSE/BSE as of 17 June 2026. Ather Energy Ltd (ATHERENERG) is a Large-cap company in the 2/3 Wheelers sector with a market capitalisation of ₹27.02K (Cr). The 52-week high for ATHERENERG share price is ₹1003.90 and the 52-week low is ₹314.15. The company has a Return on Equity (ROE) of -156.50% and a debt-to-equity ratio of 0.16.
Ather Energy Ltd Share Price Chart — NSE/BSE Historical Performance
Ather Energy Ltd share price chart: 2.35% return over the past month. 52-week high ₹1003.90, 52-week low ₹314.15.
Ather Energy Ltd — Last 10 Trading Days
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| ₹937.00 | ₹965.00 | ₹927.60 | ₹960.60 | 25.27L (Cr) | |
| ₹970.00 | ₹975.10 | ₹931.00 | ₹937.40 | 25.77L (Cr) | |
| ₹969.90 | ₹1003.90 | ₹947.85 | ₹964.10 | 75.59L (Cr) | |
| ₹955.50 | ₹955.50 | ₹955.50 | ₹955.50 | 0.00 (Cr) | |
| ₹955.40 | ₹977.50 | ₹950.00 | ₹955.50 | 22.25L (Cr) | |
| ₹925.40 | ₹985.00 | ₹925.40 | ₹950.60 | 91.64L (Cr) | |
| ₹891.65 | ₹925.00 | ₹876.45 | ₹921.40 | 37.25L (Cr) | |
| ₹898.00 | ₹907.95 | ₹874.10 | ₹883.80 | 30.40L (Cr) | |
| ₹916.00 | ₹921.00 | ₹885.00 | ₹889.30 | 32.65L (Cr) | |
| ₹901.30 | ₹916.05 | ₹873.60 | ₹909.05 | 33.31L (Cr) |
Ather Energy Ltd — Last 12 Months Price History
| Month | Open | High | Low | Close | Change |
|---|---|---|---|---|---|
| ₹970.00 | ₹975.10 | ₹927.60 | ₹960.60 | -0.97% | |
| ₹946.00 | ₹1003.90 | ₹873.60 | ₹964.10 | +1.91% | |
| ₹780.00 | ₹971.15 | ₹740.35 | ₹934.85 | +19.85% | |
| ₹680.00 | ₹805.00 | ₹650.60 | ₹754.00 | +10.88% | |
| ₹626.00 | ₹749.50 | ₹599.30 | ₹710.90 | +13.56% | |
| ₹755.00 | ₹764.90 | ₹589.00 | ₹621.25 | -17.72% | |
| ₹717.00 | ₹760.00 | ₹636.10 | ₹754.75 | +5.26% | |
| ₹700.05 | ₹722.00 | ₹582.05 | ₹717.95 | +2.56% | |
| ₹568.00 | ₹790.00 | ₹565.45 | ₹691.95 | +21.82% | |
| ₹465.05 | ₹614.40 | ₹445.30 | ₹565.50 | +21.60% | |
| ₹352.00 | ₹459.00 | ₹345.35 | ₹450.15 | +27.88% | |
| ₹334.00 | ₹358.25 | ₹318.60 | ₹350.35 | +4.90% |
AI Research Briefing
Powered by Gemini · 2026-04-09
Ather's future hinges on profitability before subsidies vanish, making it a binary bet.
WHAT'S HAPPENING NOW (last 2-4 weeks)
Ather Energy's stock hit an all-time high of on March 30, 2026. The company allotted 2,97,012 equity shares to ESOP holders on March 30, 2026. Trading window closed on April 1, 2026, and reopened 48 hours after the audited financial results for the quarter ended March 31, 2026.
CORE STORY (THE REAL GAME)
Ather is battling for EV 2-wheeler market share in a high-growth, subsidy-dependent sector. The narrative is about scaling production, expanding the network, and achieving profitability before subsidies expire and competition intensifies.
- Network expansion to 500 centers
- Strong Q3 FY26 revenue growth
- Rizta scooter driving sales
- Successful launch of new models on the L-platform
- Further reduction in EBITDA losses
- Extension of government subsidies
- Subsidy expiry on March 31, 2026
- Persistent net losses and negative P/E ratio
- High dependence on capital infusions
FII decreased by 0.46%, DII decreased by 0.41%, Promoter decreased by 0.87% [cite: Brief]
India targeting 100% electric 2 & 3-wheelers by 2026, creating a strong tailwind.
No - Free Cash Flow 5Y: ₹-2968.8 Cr [cite: Brief]
Ather needs to scale rapidly and cut costs to achieve profitability before subsidies end. The next 6 months will be critical.
Primary Thesis Risk
Subsidy removal will crater demand and expose Ather's lack of profitability.
For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.
Returns & Performance
Return on Equity (ROE)
Profit generated per ₹1 of shareholder equity
Return on Capital (ROCE)
Returns generated on total capital deployed
Oper. Profit Margin (5Y Avg)
Average operating profit margin over 5 years
Dividend Yield
Annual dividend as % of current share price
Ather Energy Ltd Valuation Check
Price to Earnings (P/E)
Share price ÷ earnings per share. Lower = cheaper
Industry Avg P/E
Average P/E of all peers in this sector
Market Capitalisation
Total market value of all outstanding shares
Growth Engine
Profit Growth (Quarterly YoY)
Net profit growth vs same quarter last year
Revenue Growth (Quarterly YoY)
Revenue growth vs same quarter last year
Revenue Growth (5-Year CAGR)
Compounded annual revenue growth over 5 years
EPS Growth (5-Year CAGR)
Earnings per share growth over 5 years
Net Profit Growth (5-Year CAGR)
Compounded annual net profit growth over 5 years
Balance Sheet Health
Debt to Equity Ratio
Total debt ÷ equity. Below 0.5 = financially healthy
Interest Coverage Ratio
EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably
Free Cash Flow (5-Year Total)
Cash left after capex over 5 years. Positive = self-funded growth
Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice
Ather Energy Ltd Fundamental Analysis & Valuation Benchmarking
Educational evaluation of ATHERENERG across key market metrics for learning purposes.
Positive Indicators
6 factors identified
Robust Profit Growth (21.86%)
Observation: Strong year-over-year profit expansion demonstrates business momentum.
Analysis: Profit growth >20% indicates effective execution and market opportunity capture.
Strong Revenue Growth (54.05%)
Observation: Healthy sales growth indicates market demand and execution capability.
Analysis: Revenue growth >15% suggests strong market position and growth potential.
Consistent Growth Track Record (129.65% CAGR)
Observation: Strong 5-year sales compound annual growth rate.
Analysis: Consistent sales CAGR >12% demonstrates sustainable growth model.
Conservative Debt Levels (D/E: 0.16)
Observation: Low leverage provides financial flexibility and reduced risk.
Analysis: Conservative debt structure offers resilience during economic downturns.
Strong Institutional Confidence (FII+DII: 47.21%)
Observation: Significant professional investor participation.
Analysis: High institutional holding often signals thorough due diligence.
Zero Share Pledging Risk
Observation: No promoter shares pledged as collateral.
Analysis: Absence of share pledging eliminates potential forced-selling pressure.
Risk Factors
6 factors identified
Below-Average Return on Equity (-156.50%)
Observation: Returns on equity are below industry benchmarks.
Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.
Suboptimal ROCE (-65.71%)
Observation: Returns on capital employed are below expectations.
Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.
Margin Pressure Concerns (-38.39%)
Observation: Operating margins are below industry standards.
Analysis: OPM <5% may indicate pricing pressures or cost management challenges.
Weak Interest Coverage (-6.50x)
Observation: Limited ability to service debt obligations from earnings.
Analysis: Low interest coverage raises concerns about financial stability.
Negative Free Cash Flow (₹-2968.80 Cr over 5Y)
Observation: Cash outflows exceed inflows.
Analysis: Negative FCF requires analysis of capital expenditure cycle.
No Dividend Distribution
Observation: Company does not currently pay dividends to shareholders.
Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.
Ather Energy Ltd vs 2/3 Wheelers Peers
Peer Comparison - 2/3 Wheelers
Compare Ather Energy Ltd with 9 other companies in the same sector
| Company Info | Fundamental | Valuation | Profitability | Financial Health | Growth | Dividend | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Company Company name | Score Bull Run comprehensive fundamental score based on 20+ metrics | Price Current trading price of the stock | Market Cap Total value of all shares in the market | P/E Price per share divided by earnings per share | ROE Net income divided by shareholder equity | ROCE Earnings before interest and tax divided by capital employed | Debt/Eq Total debt divided by total equity | Profit 5Y Average annual profit growth over 5 years | Sales 5Y Average annual sales growth over 5 years | Dividend Annual dividend per share divided by price per share |
Ather Energy LtdAther Energy Lt...Selected✓ ATHERENERG • 544397 | 39.8/100 | ₹990.20₹990 | ₹27015.36₹27015.36 | — — | -156.50%Poor -156.50% Poor | -65.71%Poor -65.71% Poor | 0.16Excellent 0.2 Excellent | — — | 129.65%Excellent 129.65% Excellent | 0.00% |
Bajaj Auto LimitedBajaj Auto Limi... BAJAJ-AUTO • 532977 | 62.6/100 | ₹10808.50₹10809 | ₹253966.54₹253966.54 | 30.49Average 30.5 Average | 22.77%Excellent 22.77% Excellent | 28.06%Excellent 28.06% Excellent | 0.58Good 0.6 Good | 7.02%Good 7.02% Good | 11.25%Good 11.25% Good | 2.31% |
Eicher Motors LtdEicher Motors L... EICHERMOT • 505200 | 70.7/100 | ₹6882.50₹6883 | ₹195400.67₹195400.67 | 38.26Average 38.3 Average | 24.10%Excellent 24.10% Excellent | 29.81%Excellent 29.81% Excellent | 0.02Excellent 0.0 Excellent | 20.98%Excellent 20.98% Excellent | 15.57%Excellent 15.57% Excellent | 0.98% |
TVS Motor Company LimitedTVS Motor Compa... TVSMOTOR • 532343 | 63.7/100 | ₹3283.40₹3283 | ₹173895.99₹173895.99 | 66.74Average 66.7 Average | 28.39%Excellent 28.39% Excellent | 15.35%Good 15.35% Good | 2.08Poor 2.1 Poor | 27.31%Excellent 27.31% Excellent | 18.52%Excellent 18.52% Excellent | 0.27% |
Hero Motocorp LtdHero Motocorp L... HEROMOTOCO • 500182 | 55.3/100 | ₹5007.50₹5008 | ₹125973.62₹125973.62 | 23.84Average 23.8 Average | 23.06%Excellent 23.06% Excellent | 30.34%Excellent 30.34% Excellent | 0.03Excellent 0.0 Excellent | 7.08%Good 7.08% Good | 6.94%Good 6.94% Good | 2.62% |
Ola Electric Mobility LtdOla Electric Mo... OLAELEC • 544225 | 0/100 | ₹36.58₹37 | ₹17912.25₹17912.25 | — — | -107.52%Poor -107.52% Poor | -28.09%Poor -28.09% Poor | 0.72Good 0.7 Good | — — | — — | 0.00% |
ERAAYA LIFESPACES LIMITEDERAAYA LIFESPAC... EBIX • 531035 | 2.2/100 | ₹35.84₹36 | ₹614.04₹614.04 | — — | -808.66%Poor -808.66% Poor | 0.86%Poor 0.86% Poor | 17.75Poor 17.8 Poor | — — | — — | 0.00% |
Wardwizard Innovations & Mobility LtdWardwizard Inno... WARDINMOBI • 538970 | 0.7/100 | ₹6.94₹7 | ₹287.63₹287.63 | 24.75Average 24.8 Average | 6.50%Poor 6.50% Poor | 12.47%Average 12.47% Average | 1.32Average 1.3 Average | 56.74%Excellent 56.74% Excellent | 419.36%Excellent 419.36% Excellent | 1.06% |
61.09999999999999/100 | ₹34.25₹34 | ₹254.43₹254.43 | 16.98Average 17.0 Average | 19.25%Good 19.25% Good | 19.92%Good 19.92% Good | 0.27Excellent 0.3 Excellent | 212.13%Excellent 212.13% Excellent | 197.99%Excellent 197.99% Excellent | 0.23% | |
52.3/100 | ₹39.60₹40 | ₹81.65₹81.65 | 8.74Average 8.7 Average | 18.49%Good 18.49% Good | 23.37%Excellent 23.37% Excellent | 0.05Excellent 0.1 Excellent | — — | — — | 0.00% | |
Top 2/3 Wheelers Stocks
View all →By Bull Run Score
By Return on Equity
By Market Cap
- Bajaj Auto Limited share price253966.54 Cr
- Eicher Motors Ltd share price195400.67 Cr
- TVS Motor Company Limited share price173895.99 Cr
- Hero Motocorp Ltd share price125973.62 Cr
- Ola Electric Mobility Ltd share price17912.25 Cr
Ather Energy Ltd Quarterly Performance
Latest quarterly metrics for ATHERENERG — revenue growth and profit growth vs same quarter last year
Revenue Growth (YoY)
54.05%
Latest quarter vs same quarter previous year
Net Profit Growth (YoY)
21.86%
Latest quarter net profit vs same quarter previous year
5-Year Revenue CAGR
129.65%
Compounded annual revenue growth over 5 years
5-Year Profit CAGR
N/A
Compounded annual net profit growth over 5 years
Ather Energy Ltd Technical Indicators
SMA 50, SMA 200, RSI and volume signals for ATHERENERG — calculated from daily price history
Momentum is balanced — neither overbought nor oversold.
Technical indicators are for educational purposes only. Not investment advice.
Ather Energy Ltd Financial Statements
Annual income statement, balance sheet and cash flow for Ather Energy Ltd (ATHERENERG) — sourced from NSE/BSE filings.
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About ATHERENERG (Ather Energy Ltd)
Ather Energy Ltd is a pioneering force in the Indian electric two-wheeler market, revolutionizing urban commuting with its innovative and technologically advanced scooters. More th...an just a manufacturer, Ather has cultivated a complete ecosystem centered around electric mobility, encompassing the entire ownership experience. Their flagship scooters showcase sleek, contemporary designs and boast cutting-edge features like integrated touchscreen dashboards with navigation and over-the-air software updates. Ather's commitment extends beyond vehicle production; they actively invest in building a robust and reliable charging network, known as Ather Grid, to alleviate range anxiety and facilitate seamless electric travel for their customers. Beyond the aesthetics and user-friendly interface, Ather distinguishes itself through its deep technological integration. They engineer and manufacture core components in-house, including the battery packs and battery management systems, the vehicle control unit, and the motor controller. This vertically integrated approach allows them to optimize performance, efficiency, and reliability, giving them a competitive edge in the rapidly evolving electric vehicle landscape. The company's focus on in-house design and development empowers them to push the boundaries of what's possible in electric two-wheeler technology, continuously improving their products and shaping the future of urban transportation. The Ather vision is centered on creating a truly connected and intelligent riding experience. They are not just selling scooters; they are offering a comprehensive solution that simplifies daily commutes and encourages sustainable transportation. Through their intuitive mobile app, riders can monitor battery status, track riding statistics, remotely diagnose issues, and access a suite of smart features designed to enhance convenience and safety. With a dedication to innovation, performance, and a holistic user experience, Ather Energy is driving the shift towards electric mobility in India and inspiring a new generation of environmentally conscious riders.
Company Details
Key Leadership
Latest News
ATHERENERG Share Price: Frequently Asked Questions
What is the current share price of Ather Energy Ltd?
Ather Energy Ltd (ATHERENERG) trades at ₹990.20 on NSE and BSE. Market cap ₹27.02K (Cr). Educational data only.
What is the P/E ratio of Ather Energy Ltd?
Ather Energy Ltd has a P/E of N/Ax vs industry average 30.49x.
What is the Bull Run score for Ather Energy Ltd?
Ather Energy Ltd has a Bull Run score of 39.8/100 based on 25+ financial parameters.
Does Ather Energy Ltd pay dividends?
Ather Energy Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.
What is the ROE of Ather Energy Ltd?
Ather Energy Ltd has ROE of -156.50%. Higher ROE indicates better use of shareholder equity.
What is the debt-to-equity ratio of Ather Energy Ltd?
Ather Energy Ltd has debt-to-equity of 0.16.
Is Ather Energy Ltd a good investment?
Bull Run gives Ather Energy Ltd a score of 39.8/100. This is not investment advice — consult a SEBI-registered advisor.