Ather Energy
695.45
-14.95(-2.10%)
Market Cap₹26,355.67 Cr
PE Ratio-34.82
IndustryAutomobiles
Company Performance:
1D-2.10%
1M-5.55%
6M+120.46%
1Y+130.05%
5Y+130.05%
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More news about Ather Energy
10Nov 25
Ather Energy Reports 67% YoY Unit Sales Growth and Plans Network Expansion to 700 Touchpoints
Ather Energy, an Indian electric two-wheeler manufacturer, reported robust Q2 results with 67% year-over-year growth in unit sales, reaching 66,000 units. The company's market share increased to 17.4% from 12.1% last year. Total income rose 57% year-on-year to ₹940.70 crore, with improved EBITDA margins and adjusted gross margin. Ather expanded its retail presence to 524 Experience Centres and plans to reach 700 touchpoints by FY26. The company maintained leadership in South India and saw rapid growth in Middle India. However, a loss after tax of ₹154.10 crore was reported for the quarter.
10Nov 25
Ather Energy Reports Strong Q2 FY26 Growth with 67% YoY Increase in Vehicle Sales
Ather Energy, an Indian electric two-wheeler manufacturer, reported significant growth in Q2 FY26. Total income rose 57% year-over-year to ₹940.70 crore, with vehicle sales up 67% to 65,595 units. Market share expanded to 17.40%, a 530 bps increase. The company added 78 new Experience Centres, totaling 524 across India, and expanded its charging network to 4,322 points. Despite improvements, Ather reported a net loss of ₹154.10 crore, though EBITDA margin strengthened by 1,100 bps to -10.00%. The company faced challenges due to China's export ban on certain rare earth magnets, affecting motor manufacturing.
08Nov 25
Tiger Global-Linked Fund Exits Ather Energy, Selling Entire 5.09% Stake
Internet Fund III Pte Ltd, associated with Tiger Global Management LLC, has sold its entire stake of 1,93,60,832 shares in Ather Energy through open market transactions. This represents 5.09% of Ather Energy's total share capital and 4.97% of its diluted share capital. The transaction occurred on November 6, 2025, leaving Internet Fund III with no remaining holding in the company. Ather Energy's total equity share capital stands at 38,03,24,241 shares, with a diluted share capital of 38,98,39,093 shares.
06Nov 25
Ather Energy Shares Dip 11% as Lock-In Period Expires, Freeing ₹10,800 Crore Worth of Equity
Ather Energy's stock price fell 11% as its six-month shareholder lock-in period expired, making 16.23 crore shares (44% of outstanding equity) eligible for trading. The stock partially recovered, ending 6.4% lower at ₹624.30. The freed shares are valued at ₹10,800 crore. Despite the dip, Ather Energy's stock has gained 106% year-to-date. Promoter shareholding decreased slightly from June to September, while institutional investors hold significant stakes.
24Oct 25
Ather Energy Expands Share Capital with ESOP Allotment
Ather Energy Limited has increased its share capital by allotting 3,13,693 new equity shares under its ESOP 2025 Plan. The allotment, approved by the Board of Directors, took place on October 24, 2025. Each share has a face value of Rs. 1. This action has increased the company's paid-up share capital from Rs. 38.03 crore to Rs. 38.06 crore, with total equity shares rising from 38,03,24,241 to 38,06,37,934. The company has informed the National Stock Exchange of India Ltd and BSE Limited about this development.
16Oct 25
China's Lithium Export Controls: Divergent Impact on Indian EV Makers Ather Energy and Ola Electric
China's new export controls on lithium battery materials, effective November 8, are impacting Indian electric two-wheeler manufacturers. Ather Energy shows resilience with a 16% stock increase in the past month, benefiting from a partnership with Amara Raja Energy & Mobility for battery localization. Conversely, Ola Electric faces challenges with a 13% stock decline, despite efforts to increase self-reliance through its Tamil Nadu Gigafactory. The contrasting performances highlight the importance of supply chain diversification in the EV sector.
06Oct 25
Ather Energy Hits 500,000 Electric Scooter Milestone, Expands Production Capacity
Ather Energy has reached a production milestone of 500,000 electric scooters, coinciding with the launch of their new RIZTA model. The company's current facilities in Hosur, Tamil Nadu have an annual capacity of 420,000 units, with plans to expand to 1,420,000 units with the upcoming Factory 3.0 in Maharashtra. Ather is expanding its presence in Middle and North India, offering eight variants across its 450 series and Rizta line. The company has installed 4,032 fast and neighborhood chargers globally, with 3,997 in India. Ather's intellectual property portfolio includes 318 registered trademarks, 204 designs, and 48 patents, with numerous pending applications.
25Sept 25
Ather Energy Defers Rs 262.50 Million in PM E-DRIVE Claims Amid Rare Earth Magnet Supply Disruption
Ather Energy has postponed demand incentive claims worth Rs 262.50 million under the PM E-DRIVE scheme, affecting up to 52,500 vehicles. This decision comes in response to global supply chain disruptions caused by China's export ban on certain heavy rare earth magnets. The company is seeking a temporary exemption from domestic fitment requirements for magnets and has developed an alternative Heavy Rare Earth Free (HREF) motor. Ather has received type approval from ARAI for this innovation and is beginning to receive PM E-DRIVE eligibility certificates for HREF motors across different models.
14Sept 25
Ather Energy Surges 66% While Ola Electric Falls 22% Since IPO Debuts
Ather Energy's stock has risen 66.40% from its IPO price to ₹542.55, while Ola Electric's shares have fallen 22.50% to ₹58.90. Ather narrowed its net loss to ₹178.00 crore with 79% revenue growth, improving its EBITDA margin to -16.00%. Ola Electric's net loss widened to ₹428.00 crore with revenue halving and EBITDA margin at -28.60%. Analysts set targets of ₹560.00-575.00 for Ather and ₹55.00 for Ola. Ola secured PLI certification for Gen-3 scooters, while Ather's CEO called for a review of the auto-PLI framework.
01Sept 25
Ather Energy Shares Surge on New Electric Scooter Platform Launch
Ather Energy's stock climbed 3.17% following the announcement of its new 'EL' electric scooter platform. The platform reduces scooter parts to 15, makes assembly 15% faster, and cuts production costs by 15%. Ather aims for a 20% market share, currently holding 17%. The stock has gained 53.62% over 12 months, with analysts maintaining 'buy' ratings.
30Aug 25
Ather Energy Unveils New EV Platform, Targets 20% Market Share Amid PLI Policy Criticism
Ather Energy announced plans to expand from 200 to 700 stores by FY26, aiming for a 20% market share in India's EV scooter market. The company introduced its new EL platform, enabling versatile scooter designs with improved efficiency and features. CEO Tarun Mehta criticized India's Production-Linked Incentive (PLI) scheme as unfavorable to startups, despite Ather's strong market performance, doubling its share to nearly 17% in August.
14Aug 25
Ather Energy Unveils 'Battery as a Service' and New Initiatives to Boost EV Adoption in India
Ather Energy introduced new initiatives to accelerate EV adoption in India. These include a 'Battery as a Service' model reducing upfront costs by 30%, an extended Assured Buyback programme offering up to 60% value after three years, and an Enhanced Comprehensive Warranty covering critical components for up to five years or 60,000 km. The BaaS model allows customers to pay ₹1 per kilometer for battery usage with a minimum monthly usage of 1,000 kilometers. These initiatives aim to address key concerns of potential EV buyers: high upfront costs, resale value uncertainty, and warranty issues.
08Aug 25
Ather Energy Reports Strong Q1 Results with 100% Volume Growth and Improved Margins
Ather Energy's Q1 performance showed significant growth and improved profitability. Units sold doubled to 46,000, total income grew 83% to INR 672.00 crores, and adjusted gross margins improved to 23%. EBITDA losses narrowed from -33% to -16%, and market share expanded to 14.3%. The company added 95 new retail stores, expanded its charging infrastructure, and saw growth in non-vehicle revenues. Ather Energy is set to unveil new platform and software updates, and has successfully transitioned to LFP battery packs.
31Jul 25
Ather Energy Unveils 450S Electric Scooter with Extended 161 km Range
Ather Energy has introduced the 450S electric scooter, priced at ₹145,999 (ex-showroom Bengaluru). The new model features a 3.7 kWh battery pack, offering an IDC range of 161 km. It maintains the 450 series' sporty performance with a 5.4 kW motor, 22 Nm torque, and 0-40 km/h acceleration in 3.9 seconds. The scooter includes four riding modes, advanced features like a 7-inch display, navigation, and safety technologies. It's compatible with Ather's fast-charging network and comes with an 8-year/80,000 km warranty. Deliveries are set to begin in August 2025.
31Jul 25
Ather Energy Expands 450 Series with New 450S Electric Scooter, Offering 161 km Range
Ather Energy has introduced the new 450S electric scooter model, expanding its 450 Series portfolio. The scooter features a 3.7 KWh battery pack, offering an IDC range of 161 km. It maintains performance specs with a 5.4 kW motor, 22 Nm torque, and a top speed of 90 km/h. The 450S includes advanced features like a 7-inch display, turn-by-turn navigation, and various safety features. Priced at ₹145,999 (ex-showroom Bengaluru), bookings are open with deliveries expected from August 2025.
31Jul 25
Ather Energy Expands 450 Series with New 450S Electric Scooter, Offering 161 km Range
Ather Energy has introduced the 450S electric scooter, expanding its 450 Series portfolio. Priced at ₹145,999 (ex-showroom Bengaluru), the new model features a 3.7 kWh battery pack offering an IDC range of 161 km. The 450S boasts a 5.4 kW motor, 22 Nm torque, and can accelerate from 0-40 km/h in 3.9 seconds with a top speed of 90 km/h. It includes advanced features like a 7-inch display, turn-by-turn navigation, and Amazon Alexa integration. The scooter is now available for booking across India.
29Jul 25
Ather Energy Closes Gap with Ola Electric in July E2W Sales, Board Meeting Scheduled for Q1 Results
Ather Energy sold 13,187 electric scooters in July, capturing a 16.50% market share, just 525 units behind Ola Electric's 13,712 units (17.20% market share). Ather's Rizta scooter, launched less than a year ago, now accounts for 60% of its monthly sales. The company plans to expand from 351 to 700 retail centers by the end of next fiscal year. Ather's Board of Directors is set to approve Q1 financial results on August 4.
29Jul 25
Ather Energy Partners with DPIIT to Boost EV Manufacturing Startups
Ather Energy signed an MoU with the Department for Promotion of Industry and Internal Trade (DPIIT) to support startups in the EV and manufacturing sectors. The collaboration will provide strategic mentorship and infrastructure support for deep-tech startups in the EV value chain. DPIIT Joint Secretary Sanjiv Singh highlighted that this initiative aims to enable startups to contribute to EV manufacturing, battery innovation, and clean energy solutions. Separately, Ather Energy announced a board meeting on August 4, 2025, to consider and approve the unaudited Financial Results for the quarter ended June 30, 2025.
22Jul 25
Ather Energy Escapes ₹72.8 Crore Tax Demand as Tamil Nadu Authority Drops Proceedings
Ather Energy Limited received a favorable order from the Tamil Nadu State Tax Authority, nullifying a potential tax demand of ₹72.8 crore. The Assistant Commissioner dropped proceedings related to a show cause notice dated March 18, 2025, which alleged excess input tax credit in Ather's GSTR 3B filing for March 2024. This decision helps Ather avoid a total potential liability of ₹91.90 crore, including proposed tax, interest, and penalties. The company disclosed this development to stock exchanges on July 22, 2025, stating it will have no impact on its financial, operational, or other activities.
01Jul 25
Ather Energy Unveils Rizta S: New Electric Scooter with 159 km Range
Ather Energy has launched a new electric scooter, the Rizta S, expanding its product lineup. The scooter features a 3.7 kWh battery and boasts a range of 159 kilometers on a single charge according to Indian Driving Cycle standards. This launch demonstrates Ather's commitment to innovation in the electric two-wheeler market and could potentially help the company capture a larger market share in India's growing EV segment.
18Jun 25
Ather Energy to Double Retail Presence with 700 Experience Centers Across India
Ather Energy, a leading Indian electric vehicle manufacturer, has announced plans to expand its retail footprint by doubling its network to 700 Experience Centers nationwide. These centers will offer customers an immersive experience with Ather's electric scooters, including product exploration, technology understanding, and test rides. The expansion aims to enhance customer accessibility, increase market reach, and strengthen Ather's position in the competitive electric vehicle market.
03Jun 25
Ather Energy's Ather Rizta Hits 100,000 Retail Sales Milestone
Ather Energy has announced that its Ather Rizta model has exceeded 100,000 units in retail sales. This milestone signifies growing EV adoption in India, particularly in the two-wheeler segment. It also demonstrates strong brand recognition and consumer trust in Ather Energy's products. The achievement may influence the competitive landscape in the electric two-wheeler market.
12May 25
Ather Energy: Q4 Revenue Up 30%, Loss Narrows
Ather Energy, a newly listed electric vehicle manufacturer, released its Q4 FY2025 results showing significant growth and financial improvements. Revenue increased by 29.25% year-over-year to ₹676.00 crore. The company reduced its net loss by 17.31% to ₹234.00 crore and improved its EBITDA loss by 28.03% to ₹172.00 crore compared to the same quarter last year. These results indicate strong market traction for Ather's electric scooters and improved operational efficiency, despite ongoing challenges in achieving profitability.
07May 25
Ather Energy Surges 9% Ahead of Q4 FY25 Results Announcement
Ather Energy's stock price jumped 9% to ₹329.90, surpassing its IPO price of ₹321.00. The company is set to release its Q4 FY25 results on May 12, 2025, marking its first earnings report since going public. This performance indicates strong investor confidence in the electric vehicle manufacturer's prospects. The upcoming earnings release is highly anticipated, as it will provide crucial insights into Ather Energy's operational performance and future outlook in the competitive electric two-wheeler market.
Ather Energy
695.45
-14.95
(-2.10%)
1 Year Returns:+130.05%
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