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 and accessories. The company was incorporated in 2013 and is headquartered in Bengaluru, India.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 118.8%
Concerns1
- Negative free cash flow (βΉ118 Cr)
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (βΉ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (βΉ Crores, last 6 years)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | βΉ2.25 K Cr | β | βΉ-812.00 | β | β | -164.7% | 28.6% | -23.4% |
| Mar 2024 | βΉ1.75 K Cr | β | βΉ-1060.00 | β | β | -194.5% | -1.5% | 22.7% |
| Mar 2023 | βΉ1.78 K Cr | β | βΉ-864.00 | β | β | -140.7% | 336.5% | 151.2% |
| Mar 2022 | βΉ408.00 Cr | β | βΉ-344.00 | β | β | -153.6% | 410.0% | 47.6% |
| Mar 2021 | βΉ80.00 Cr | β | βΉ-233.00 | β | β | -62.0% | 128.6% | 5.9% |
| Mar 2020 | βΉ35.00 Cr | β | βΉ-220.00 | β | β | -88.0% | β | β |
Financial Statements
Income statement, balance sheet, and cash flow (βΉ Crores, as reported)
Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 2,854 |
| Total Expenses | 3,434 |
| EBIT / Operating Profit | -580 |
| OPM % | -20% |
| Other Income | 97 |
| Finance Costs | 102 |
| Depreciation & Amortisation | 180 |
| Profit Before Tax | -764 |
| Tax % | - |
| Net Profit / PAT | -764 |
| EPS (βΉ) | -81.10 |
| Dividend Payout % | - |
Peer Comparison
Automobiles & Components sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Ather Energy Limitedthis co. | βΉ24.95 K Cr | βΉ2.25 K Cr | 0.00 | 9.12 | -30.59 | 28.6% |
| Maruti Suzuki India Ltd. | βΉ5.16 L Cr | βΉ1.52 L Cr | 36.20 | 5.30 | 25.33 | 7.8% |
| Mahindra & Mahindra Ltd. | βΉ4.55 L Cr | βΉ1.19 L Cr | 32.50 | 6.84 | 26.39 | 17.1% |
| Bajaj Auto Limited | βΉ2.67 L Cr | βΉ50.01 K Cr | 30.50 | 8.68 | 26.02 | 11.9% |
| Eicher Motors Ltd. | βΉ2.03 L Cr | βΉ18.45 K Cr | 43.20 | 10.56 | β | 14.8% |
| HYUNDAI MOTOR INDIA LIMITED | βΉ1.88 L Cr | βΉ67.65 K Cr | 33.40 | 11.03 | 17.74 | -1.3% |
| TVS Motor Company Ltd. | βΉ1.78 L Cr | βΉ36.25 K Cr | 56.60 | 18.32 | 49.03 | 14.1% |
| Industry Average | β | βΉ15.02 K Cr | 51.90 | 6.13 | 25.31 | 7.0% |