Amara Raja Energy & Mobility Limited

Amara Raja Energy & Mobility Limited

ARE&MNSE / BSEAutomobiles & ComponentsSmall Cap

₹686.85-₹17.20 (-2.4%)

Last close · Data as of Oct 30, 2026

Market cap
₹16,138 Cr
P/E
20.0x
EV / EBITDA
9.1x
Revenue
₹12,405 Cr
Net margin
8.0%
ROCE
23.5%

-32.4% over the last year

Amara Raja Energy & Mobility Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-9.1%
3M
-24.4%
6M
-21.5%
1Y
-32.4%
5Y
-2.3%

52-week range

Day change -₹17.20 (-2.4%) from ₹704 to ₹687 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in ARE&M, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Operating margin of 14.4% exceeds Automobiles & Components median (13.1%)

Concerns0

    Rule-based from financial data. Not advice.

    About the company

    Amara Raja Energy & Mobility Limited, together with its subsidiaries, manufactures and sells lead-acid storage batteries for industrial and automotive applications in India and internationally. It operates in two segments, Lead Acid and Allied Products, and Others.

    Read moreShow less

    Amara Raja Energy & Mobility Limited, together with its subsidiaries, manufactures and sells lead-acid storage batteries for industrial and automotive applications in India and internationally. It operates in two segments, Lead Acid and Allied Products, and Others. The company provides new energy business related products; installation, commissioning, and maintenance services; and industrial chargers, integrated power systems for Indian Railways, electric vehicle chargers for 2W, 3W, 4W, and bus segment applications, as well as battery energy storage systems. It also develops, manufactures, and sells energy storage and management products, solutions, and technologies related to lithium cells, advanced cell chemistries, battery packs, and components. The company sells its batteries under the Amaron, PowerZone, Power Stack, AmaronVolt, Amaron Brute, Amaron Sleek, Amaron Elito, and Quanta brands. It exports its products to various countries in the Indian Ocean Rim. The company supplies its batteries to various customer groups, such as telecom, railways, solar, motive, power control, international operations, defence, and UPS; and automobile original equipment manufacturers, replacement markets, and private label customers. The company was formerly known as Amara Raja Batteries Limited and changed its name to Amara Raja Energy & Mobility Limited in September 2023. Amara Raja Energy & Mobility Limited was incorporated in 1985 and is based in Hyderabad, India.

    Sector
    Automobiles & Components
    Shares outstanding
    18.3 Cr shares
    ISIN
    INE885A01032
    BSE code
    500008

    Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

    Valuation

    Market cap
    ₹16,138 Cr
    P/E
    20.0x
    P/B
    2.1x
    EV / EBITDA
    9.1x
    EV / Sales
    1.4x
    P/S
    1.4x
    Earnings yield
    5.0%
    52-week high
    ₹1,016.70
    52-week low
    ₹672.70

    Profitability

    Operating margin
    14.4%
    Net margin
    8.0%
    EBITDA margin
    15.3%
    ROE
    13.4%
    ROCE
    23.5%
    ROA
    10.3%
    Dividend payout
    20.0%
    Tax rate
    25.0%
    Other income, % of PBT
    8.1%

    Growth

    Revenue
    ₹12,405 Cr
    Revenue growth, 1Y
    10.2%
    Revenue CAGR, 5Y
    10.5%
    EBITDA
    ₹1,723 Cr
    EBITDA growth, 1Y
    23.3%
    Net profit growth, 1Y
    6.4%
    Net profit CAGR, 5Y
    6.5%
    Cash from operations
    ₹1,314 Cr
    CFO growth, 1Y
    41.9%
    Free cash flow
    ₹0 Cr
    Asset growth, 1Y
    24.4%

    Solvency and efficiency

    Current ratio
    2.59
    Debt / Equity
    0.02
    Debt / Assets
    0.02
    Debt / EBITDA
    0.09
    Interest coverage
    49.24
    Financial leverage
    1.31
    CFO / Net profit
    1.45
    Cash / Market cap
    21.6%
    Cash per share
    ₹190.36
    Asset turnover
    1.27
    Fixed asset turnover
    3.17
    Capital intensity
    0.32
    Debtor days
    33 days
    Inventory turnover
    4.15
    Cash conversion cycle
    80 days

    Where the revenue went

    Of every ₹100 of FY2025 revenue, ₹8 was left as net profit.

    Amara Raja Energy & Mobility Limited income statement flow, FY2025
    Amara Raja Energy & Mobility Limited income statement flow, FY2025: flows
    FromToAmount
    SalesExpenses₹10,771 Cr
    SalesOperating profit₹1,634 Cr
    Operating profitInterest₹42 Cr
    Operating profitDepreciation₹492 Cr
    Operating profitProfit before tax₹1,100 Cr
    Other incomeProfit before tax₹199 Cr
    Profit before taxTax and other₹335 Cr
    Profit before taxNet profit₹964 Cr

    Revenue and net profit

    Revenue grew 10.2% in FY2025; net profit is the dashed line.

    Amara Raja Energy & Mobility Limited revenue and net profit by fiscal year
    Amara Raja Energy & Mobility Limited revenue and net profit by fiscal year
    DateRevenueNet profit
    FY2021₹7,150 Cr₹647 Cr
    FY2022₹8,696 Cr₹511 Cr
    FY2023₹10,386 Cr₹694 Cr
    FY2024₹11,260 Cr₹906 Cr
    FY2025₹12,405 Cr₹964 Cr

    Cash flows

    FY2025: ₹1,375 Cr from operations, ₹220 Cr free after investment (dashed).

    Amara Raja Energy & Mobility Limited operating and free cash flow by fiscal year
    Amara Raja Energy & Mobility Limited operating and free cash flow by fiscal year
    DateOperating cash flowFree cash flow
    FY2021₹802 Cr₹186 Cr
    FY2022₹633 Cr₹151 Cr
    FY2023₹926 Cr₹156 Cr
    FY2024₹1,314 Cr₹242 Cr
    FY2025₹1,375 Cr₹220 Cr

    Growth

    Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

    Revenue
    ₹12,405 Cr+10.2%1Y
    Net profit
    ₹964 Cr+6.4%1Y
    Cash from operations
    ₹1,375 Cr
    Free cash flow
    ₹220 Cr-9.1%1Y
    Revenue CAGR, 5Y
    10.5%
    EBITDA CAGR, 5Y
    8.3%
    Net profit CAGR, 5Y
    6.5%
    YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
    FY2025₹12,405 Cr₹1,634 Cr—₹964 Cr₹1,375 Cr₹220 Cr13.1%+10.2%+6.4%

    Monthly returns

    Month-by-month returns of ARE&M across the years, with the seasonal pattern.

    Balance sheet

    What the company owns and owes at the end of FY2025.

    LineFY2025
    Liabilities and equity₹9,993 Cr
    Equity capital₹18 Cr
    Reserves₹7,360 Cr
    Borrowings₹258 Cr
    Other liabilities₹2,356 Cr
    Assets₹9,993 Cr
    Fixed assets₹3,475 Cr
    Capital work in progress₹844 Cr
    Investments₹1,998 Cr
    Other assets₹3,676 Cr

    Market cap against peers

    8 peers: same sector group, nearest by size.

    1. Amara Raja Energy & Mobility Limited (this company)₹16,138 Cr
    2. Ceat Ltd.₹15,583 Cr
    3. JBM Auto Limited₹14,356 Cr
    4. Gabriel India Ltd.₹13,705 Cr

    P/E against peers

    ARE&M trades at 20.0x earnings against a peer median of 34.8x (a 43% discount).

    Not shown (no positive earnings and no EV / Sales): Ola Electric Mobility Limited.

    Peer comparison

    Same-sector peers by market cap, with the median.

    CompanyMarket capP/EP/BROEEV/EBITDA
    Amara Raja Energy & Mobility LimitedARE&Mthis companyP/E ↓ discount₹16,138 Cr20.0x2.1x13.4%9.1x
    Craftsman Automation LimitedCRAFTSMAN₹18,338 Cr153.0x6.4x12.8%29.9x
    Ola Electric Mobility LimitedOLAELEC₹17,185 Cr—1.6x-1.0%-1060.9x
    Ceat Ltd.CEATLTD₹15,583 Cr27.6x3.4x16.6%10.2x
    CIE Automotive India LimitedCIEINDIA₹15,419 Cr25.7x2.8x——
    JK Tyre & Industries Ltd.JKTYRE₹14,531 Cr29.8x3.1x15.2%11.7x
    JBM Auto LimitedJBMA₹14,356 Cr97.8x11.8x5.8%46.7x
    Minda Corporation LimitedMINDACORP₹13,749 Cr76.2x6.6x10.8%31.0x
    Gabriel India Ltd.GABRIEL₹13,705 Cr61.1x11.1x18.4%43.3x
    Peer median—34.8x5.2x16.1%21.0x

    Year-to-date ROI

    ARE&M since 1 January, against earlier years.

    Historical volatility

    ARE&M's day-to-day swings over 30, 60 and 180 days.

    Financial statements

    Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

    Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

    Operating margin by fiscal year

    Amara Raja Energy & Mobility Limited operating margin by fiscal year
    Amara Raja Energy & Mobility Limited operating margin by fiscal year
    DateOperating margin
    FY202116.0%
    FY202212.0%
    FY202313.0%
    FY202414.0%
    FY202513.0%
    LineFY2025
    RevenueSales₹12,405 Cr
    Costs
    Interest₹42 Cr
    Expenses₹10,771 Cr
    Profit before tax₹1,299 Cr

    Learn while you research

    Academy chapters picked for Amara Raja Energy & Mobility Limited and the metrics on this page.

    1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
    2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
    3. 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
    4. 04 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
    5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
    6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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