Ather Energy Assigned ESG Rating of 47 by NSE Sustainability for FY 2024-25
NSE Sustainability Ratings and Analytics Limited assigned an ESG Rating of 47 to Ather Energy for FY 2024-25. The company clarified that the rating was prepared independently using publicly available information and that it did not engage the agency. Ather Energy intends to submit comments and documents for reconsideration.

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Ather Energy Limited has disclosed that NSE Sustainability Ratings and Analytics Limited (NSE Sustainability) has voluntarily assigned an ESG Rating of 47 to the company for FY 2024-25. The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The rating was communicated via an email and report dated May 07, 2026.
ESG Rating Details
The following table summarises the key details of the ESG rating assignment:
| Parameter: | Details |
|---|---|
| Rating Agency: | NSE Sustainability Ratings and Analytics Limited |
| ESG Rating Assigned: | 47 |
| Period Covered: | FY 2024-25 |
| Basis of Rating: | Publicly available information disclosed by the company |
| Date of Communication: | May 07, 2026 |
| Disclosure Date: | May 08, 2026 |
Company's Position on the Rating
Ather Energy explicitly stated that it did not engage NSE Sustainability for this ESG Rating. The report was prepared independently by the rating agency using publicly available disclosures made by the company for FY 2024-25. The company has indicated that it will be submitting its comments on the ESG rating, along with relevant supporting documents, to NSE Sustainability for their reconsideration in due course.
Regulatory Compliance
The disclosure was filed in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Puja Aggarwal, Company Secretary and Compliance Officer (Membership No: A49310), on May 08, 2026.
Historical Stock Returns for Ather Energy
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.87% | -2.12% | +20.24% | +39.78% | +195.23% | +202.70% |
How might Ather Energy's ESG rating of 47 impact its ability to attract ESG-focused institutional investors as it scales its operations post-IPO?
What specific environmental or governance disclosures could Ather Energy improve to potentially raise its ESG rating in FY 2025-26, given the EV industry's unique sustainability metrics?
How does Ather Energy's ESG score of 47 compare to peers in the Indian electric two-wheeler segment, and could a lower rating affect its competitive positioning for green financing?


































