Ather Energy Listed
Ather Energy is a Bengaluru-based Indian electric two-wheeler company that designs, develops and in-house assembles electric scooters, battery packs, charging infrastructure (Ather Grid) and connected vehicle software. Founded in 2013, it listed on the NSE and BSE in May 2025.
Valuation
Returns
Per share
Growth · year on year
Ownership
Price and ratios are compiled from the exchange and third-party market data, cached and refreshed through the day — they are not Atlas facts and are not investment advice. Where a ratio is computed on more than one basis (for example standalone versus trailing-twelve-month), each is shown separately rather than averaged into a single number.
How this score is calculated
| Measure | Value | Scores | Source |
|---|---|---|---|
| P/E What the market pays for each rupee of earnings. Lower is cheaper — but a low P/E can also mean the market expects earnings to fall. |
0.00 | 100/100 | Market data |
| P/B Price against book value. Most meaningful for banks and asset-heavy businesses; software and consumer brands trade high here for good reasons. |
16.10 | 0/100 | Market data |
| ROE Return on equity — profit generated per rupee of shareholder capital. Sustained high ROE is the clearest single marker of a good business. |
-37.48 | 0/100 | Market data |
| ROCE Return on capital employed — the same idea including debt, so it is harder to flatter with leverage. |
-21.59 | 0/100 | Market data |
| Profit growth Year-on-year growth in profit. Weighted above sales growth because profitable growth is the harder thing to do. |
36.33 | 100/100 | Market data |
| Sales growth Year-on-year growth in revenue. |
62.83 | 100/100 | Market data |
| Promoter holding How much of the company its founders and controlling group still own. Higher usually means their money moves with yours. |
40.72 | 75/100 | Market data |
The Atlas Score is our own arithmetic on the published figures above — nothing is hidden and nothing is bought in. It weighs quality and growth at 30% each, valuation at 25% and ownership at 15%, scoring each measure against fixed bands. Growth blends third-party market data with the fiscal-year figures we file and cite ourselves, so a company we have researched more deeply scores on richer evidence. A measure we could not fetch is left out of the average rather than counted as a zero. It is a summary of the numbers, not a recommendation, not a price target, and not advice about your circumstances.
Ather Energy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 28 Apr 2025 | IPO | ₹2,981 Crore | source | |
| 13 Aug 2024 | Venture Round (Unicorn round) | $71 Million | National Investment and Infrastructure Fund (NIIF) | source |
| 1 Jun 2024 | Series F | ₹286 Crore (~$34.5M debentures + founder preference shares) | Stride Ventures Swapnil Jain Tarun Mehta | source |
| 1 Oct 2022 | Venture Round | $50 Million | Caladium Investment Pte Ltd (GIC) | source |
| 12 May 2022 | Series E | $128 Million | NIIF Strategic Opportunities Fund Hero MotoCorp | source |
| 1 Nov 2020 | Series D | ₹260 Crore (~$27M) | Sachin Bansal | source |
| 24 Jul 2020 | Series C (extension) | ₹84 Crore (~$11.4M) | Hero MotoCorp | source |
| 1 May 2019 | Venture Round | $51 Million | Sachin Bansal Hero MotoCorp InnoVen Capital | source |
| 1 Jan 2018 | Venture Round | ₹130 Crore (~$14M) | Hero MotoCorp | source |
| 1 Oct 2016 | Series B | ₹180 Crore (~$19M) | Hero MotoCorp | source |
| 1 Jun 2015 | Series A | $12 Million | Tiger Global Management | source |
| 3 Dec 2014 | Seed | $1 Million | Binny Bansal Sachin Bansal | source |
| 1 Jan 2014 | Seed | ₹4.5 million | IIT Madras Srini V. Srinivasan Technology Development Board | source |
Recent Signals
News on Ather Energy
-
1 Sep 2026
Ather Energy: BlackRock’s ₹445 Crore Buy Explained -
29 Aug 2026
Ather Energy Invests Up To ₹500 Crore In New EL Scooter Platform -
26 Aug 2026
Hero MotoCorp Commits ₹960 Crore To Ather Energy Through Convertible Warrants -
10 Aug 2026
Ather Pre-Orders Cross 50,000 as EV Demand Outpaces Production -
6 Aug 2026
Mutual Funds Raise Stake in Ather Energy for 5th Straight Quarter -
4 Aug 2026
Ather Energy Shares Surge 18% to All-Time High After Strong Q1 Results -
3 Aug 2026
Ather Energy Q1 Revenue Jumps 89% to ₹1,217 Crore, Loss Narrows 71% -
3 Feb 2026
Ather Energy loss down 57% to ₹85 crore in Q3 FY26 -
7 Oct 2025
Ather surpass Ola in market cap for 1st time -
21 Jul 2026
Ather QIP raises ₹1,300 crore: what it means now -
16 Jul 2026
Ather’s Rs 1,300 crore QIP subscribed over 8x -
16 Jul 2026
Indian Govt to invest Rs 200 crore in Ather Energy
L Litmus · by Lapaas
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Start Free ValidationFAQs on Ather Energy
Who founded Ather Energy?
Ather Energy was founded by Tarun Mehta, Swapnil Jain in 2013.
How much funding has Ather Energy raised?
Ather Energy has raised $418.9 Mn across 13 tracked funding round(s), most recently on 2025-04-28. Figures are compiled from cited public sources.
Who are the investors in Ather Energy?
Investors in Ather Energy include National Investment and Infrastructure Fund (NIIF), Stride Ventures, Swapnil Jain, Tarun Mehta.
What does Ather Energy do?
Ather Energy is a Bengaluru-based Indian electric two-wheeler company that designs, develops and in-house assembles electric scooters, battery packs, charging infrastructure (Ather Grid) and connected vehicle software. Founded in 2013, it listed on the NSE and BSE in May 2025.
Where is Ather Energy headquartered?
Ather Energy is headquartered in Bengaluru, Karnataka, India.
What is Ather Energy's business model?
Ather Energy's core value proposition centers on Tech-enabled, connected scooters, Performance leadership, Charging infrastructure that reduces range anxiety, Direct-to-consumer quality control.
How does Ather Energy make money?
Ather Energy's cited revenue streams include Electric scooter sales, After-sales services and connected-service fees, Accessories and stock-in-trade, Charging network fees.