About Ather Energy Limited
Data last updated: 14 July 2026
Ather Energy Limited is a public limited company based in Bangalore, Karnataka, India. It specialises in trailers, a part of the broader automobiles sector. Incorporated on 21 October 2013, the company has been in operation for over 13 years.
Registered with ROC Bangalore under CIN L40100KA2013PLC093769. Listed.
Capital: an authorised share capital of ₹100 Cr and a paid-up capital of ₹38.33 Cr. It is led by directors including Vivek Anand and Neelam Dhawan.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: 3Rd Floor Tower D Ibc Knowledge Park #4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹3,671.76 Cr, a growth of 62.83% compared to the previous year. The net worth stands at ₹2,572.63 Cr (up 421.83% YoY). Total assets are valued at ₹4,721.51 Cr (up 124.77% YoY).
The company has a workforce of approximately 1,554 employees as per the latest available data.
The company is associated with 1 brand - Ather Energy. As per MCA filings, the company has open charges of ₹1,092 Cr and satisfied charges of ₹1,238 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website atherenergy.com.
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Registered Address3Rd Floor Tower D Ibc Knowledge Park #4/1 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029
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IndustryAutomobile, Trailers, Other Transport Vehicles, Motor Vehicle, Semi Trailers
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Ather Energy Limited
Ather Energy Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L40100KA2013PLC093769, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L40100KA2013PLC093769 | Current |
| U40100KA2013PTC093769 | Previous |
| U40100TN2013PTC093399 | Previous |
| U40100KA2013PLC093769 | Previous |
Associated Brands with Ather Energy Limited
Ather Energy Limited operates one associated brand: Ather Energy. These brands represent Ather Energy Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | atherenergy.com |
Competitors & Alternatives of Ather Energy Limited
Brands and companies operating in the same space as Ather Energy Limited include Ola Electric, BGauss, Hero Electric and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Ola Electric
|
Electric scooters and motorcycles are manufactured with related accessories. | Bengaluru, India, India | 2017 |
BGauss
|
Retailer of electric scooters offering test rides, maintenance, and financing | Mumbai, India, India | 2020 |
Hero Electric
|
Manufacturer offering electric scooters and mobility solutions | Gurugram, India, India | 2007 |
Gogoro
|
Electric scooters are developed and battery swapping networks are operated. | Taipei, Taiwan, Taiwan | 2011 |
Greaves Electric Mobility
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Manufacturer of electric two and three-wheelers for personal and commercial use | Bengaluru, India, India | 2008 |
River
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Electric scooters are designed and produced for urban mobility. | Bengaluru, India, India | 2020 |
Motovolt
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Electric bicycles with advanced features are developed by Motovolt. | Kolkata, India, India | 2019 |
BNC Motors
|
Electric two-wheelers with removable batteries and hub motors are manufactured. | Coimbatore, India, India | 2020 |
Business Activity of Ather Energy Limited
Ather Energy Limited is engaged in the principal business activity of manufacturing, with detailed activities including motor vehicles, trailers, semi trailers and other transport vehicles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles | Locked |
Business activity turnover details for Ather Energy Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Ather Energy Limited
Ather Energy Limited is audited by Deloitte Haskins & Sells (ICAI peer reviewed, certificate valid till 2028-04-30) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| Deloitte Haskins & Sells (ICAI peer reviewed, certificate valid till 2028-04-30) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Ather Energy Limited
Ather Energy Limited is currently managed by 8 directors, with 15 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Vivek Anand
Also directs:
Ather Energy Limited, Hmc Mm Auto Limited
|
Additional Director | 10 Nov 2025 | 0 Years 9 Months | Current |
| Neelam Dhawan | Director | 27 Aug 2024 | 1 Years 11 Months | Current |
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Sanjay Nayak
Also directs:
Ather Energy Limited, Shramol Technologies Private Limited, Epic Electronics Products Foundation and 1 more
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Director | 27 Aug 2024 | 1 Years 11 Months | Current |
|
Tarun Sanjay Mehta
Also directs:
Ather Energy Limited
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Whole-Time Director | 21 Oct 2013 | 12 Years 9 Months | Current |
| Kaushik Dutta | Director | 06 May 2024 | 2 Years 3 Months | Current |
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Pankaj Sood
Also directs:
Ather Energy Limited, Mphasis Limited, Aditya Birla Lifestyle Brands Limited and 4 more
|
Director | 11 Nov 2022 | 3 Years 9 Months | Current |
Financials of Ather Energy Limited FY 2026 filings available
Ather Energy Limited reported revenue of ₹3,671.76 Cr (up 62.83% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Revenue from Operations | ₹3,671.76 Cr | ₹2,255 Cr |
| Other Income | ₹151.32 Cr | ₹50.2 Cr |
| Total Income | ₹3,823.08 Cr | ₹2,305.2 Cr |
| Cost of Materials Consumed | ₹2,808.15 Cr | ₹1,826.9 Cr |
| Purchases of Stock-in-Trade | ₹97.04 Cr | ₹100.7 Cr |
| Changes in Inventories | -₹7.58 Cr | -₹50.8 Cr |
| Employee Benefit Expense | ₹481.6 Cr | ₹412.4 Cr |
| Finance Costs | ₹82.2 Cr | ₹110.6 Cr |
| Depreciation & Amortisation | ₹172.89 Cr | ₹171 Cr |
| Other Expenses | ₹700.91 Cr | ₹546.7 Cr |
| Total Expenses | ₹4,335.21 Cr | ₹3,117.5 Cr |
| Profit Before Exceptional Items & Tax | -₹512.13 Cr | -₹812.3 Cr |
| Exceptional Items | -₹5.04 Cr | ₹0 |
| Profit Before Tax | -₹517.17 Cr | -₹812.3 Cr |
| Total Tax Expense | ₹0 | ₹0 |
| Net Profit | -₹517.17 Cr | -₹812.3 Cr |
| Other Comprehensive Income | ₹42 Lakh | -₹4.6 Cr |
| Total Comprehensive Income | -₹516.75 Cr | -₹816.9 Cr |
| EBITDA (computed) | -₹257.04 Cr | -₹530.7 Cr |
| Basic EPS | ₹-13.99 | ₹-32.00 |
| Diluted EPS | ₹-13.99 | ₹-32.00 |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Total Assets | ₹4,721.51 Cr | ₹2,100.6 Cr |
| Non-current Assets | ₹1,346.61 Cr | ₹943.8 Cr |
| Current Assets | ₹3,374.9 Cr | ₹1,156.8 Cr |
| Property, Plant & Equipment | ₹525.66 Cr | ₹511.7 Cr |
| Inventories | ₹281.56 Cr | ₹244.6 Cr |
| Trade Receivables | ₹8.3 Cr | ₹11.8 Cr |
| Cash & Equivalents | ₹111.94 Cr | ₹69.8 Cr |
| Equity (Net Worth) | ₹2,572.63 Cr | ₹493 Cr |
| Equity Share Capital | ₹38.27 Cr | ₹29.1 Cr |
| Borrowings (Non-current) | ₹367.42 Cr | ₹116.9 Cr |
| Borrowings (Current) | ₹145.65 Cr | ₹333 Cr |
| Total Debt (computed) | ₹513.07 Cr | ₹449.9 Cr |
| Current Liabilities | ₹1,395.24 Cr | ₹1,173.2 Cr |
| Total Liabilities | ₹2,148.88 Cr | ₹1,607.6 Cr |
| Metrics | FY 2026 | FY 2025 |
|---|---|---|
| Operating Cash Flow | ₹31.89 Cr | -₹720.7 Cr |
| Investing Cash Flow | -₹2,526.51 Cr | -₹378.2 Cr |
| Financing Cash Flow | ₹2,496.53 Cr | ₹702.9 Cr |
| Capital Expenditure | ₹506.07 Cr | ₹339 Cr |
| Free Cash Flow (computed) | -₹474.18 Cr | -₹1,059.7 Cr |
| Dividends Paid | ₹0 | ₹0 |
| Net Change in Cash | ₹1.91 Cr | -₹396 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 |
|---|---|---|---|---|---|
| Revenue from Operations | ₹1,174.66 Cr | ₹953.6 Cr | ₹898.9 Cr | ₹644.6 Cr | ₹676.1 Cr |
| Other Income | ₹39.11 Cr | ₹42.1 Cr | ₹41.8 Cr | ₹28.3 Cr | ₹11.7 Cr |
| Total Income | ₹1,213.77 Cr | ₹995.7 Cr | ₹940.7 Cr | ₹672.9 Cr | ₹687.8 Cr |
| Cost of Materials Consumed | ₹811.56 Cr | ₹757.3 Cr | ₹736.4 Cr | ₹502.9 Cr | ₹520 Cr |
| Purchases of Stock-in-Trade | ₹19.24 Cr | ₹30.2 Cr | ₹20.1 Cr | ₹27.5 Cr | ₹39.5 Cr |
| Changes in Inventories | ₹74.26 Cr | -₹43.1 Cr | -₹26.4 Cr | -₹12.3 Cr | ₹4.4 Cr |
| Employee Benefit Expense | ₹126.61 Cr | ₹122.4 Cr | ₹114 Cr | ₹118.6 Cr | ₹109.1 Cr |
| Finance Costs | ₹17.96 Cr | ₹19.3 Cr | ₹20.8 Cr | ₹24.1 Cr | ₹28.5 Cr |
| Depreciation & Amortisation | ₹51.8 Cr | ₹30.4 Cr | ₹42.6 Cr | ₹48.1 Cr | ₹45.2 Cr |
| Other Expenses | ₹212.57 Cr | ₹158.8 Cr | ₹187.3 Cr | ₹142.2 Cr | ₹175.5 Cr |
| Total Expenses | ₹1,314 Cr | ₹1,075.3 Cr | ₹1,094.8 Cr | ₹851.1 Cr | ₹922.2 Cr |
| Profit Before Exceptional Items & Tax | -₹100.23 Cr | -₹79.6 Cr | -₹154.1 Cr | -₹178.2 Cr | -₹234.4 Cr |
| Exceptional Items | ₹0 | -₹5 Cr | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹100.23 Cr | -₹84.6 Cr | -₹154.1 Cr | -₹178.2 Cr | -₹234.4 Cr |
| Total Tax Expense | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Net Profit | -₹100.23 Cr | -₹84.6 Cr | -₹154.1 Cr | -₹178.2 Cr | -₹234.4 Cr |
| Other Comprehensive Income | ₹1.99 Cr | ₹1 Cr | -₹2.6 Cr | ₹0 | -₹2.9 Cr |
| Total Comprehensive Income | -₹98.24 Cr | -₹83.6 Cr | -₹156.7 Cr | -₹178.2 Cr | -₹237.3 Cr |
| EBITDA (computed) | -₹30.47 Cr | -₹29.9 Cr | -₹90.7 Cr | -₹106 Cr | -₹160.7 Cr |
| Basic EPS | ₹-2.62 | ₹-2.22 | ₹-4.00 | ₹-5.00 | ₹-9.00 |
| Diluted EPS | ₹-2.62 | ₹-2.22 | ₹-4.00 | ₹-5.00 | ₹-9.00 |
Board & Governance of Ather Energy Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Ather Energy Limited has 8 directors - 3 independent and 2 executive. The board is chaired by Neelam Dhawan.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Neelam Dhawan | Non-Executive - Independent Director · Chairperson | 2024-08-27 | 6 |
| Mehta Tarun Sanjay | Executive Director · CEO | 2013-10-21 | 1 |
| Swapnil Babanlal Jain | Executive Director | 2013-10-21 | 1 |
| Pankaj Sood | Non-Executive - Non Independent Director | 2022-11-11 | 4 |
| K Ram | Non-Executive - Non Independent Director | 2023-01-27 | 1 |
| Kaushik Dutta | Non-Executive - Independent Director | 2024-05-06 | 4 |
| Sanjay Nayak | Non-Executive - Independent Director | 2024-08-27 | 1 |
| Vivek Anand | Non-Executive - Non Independent Director | 2025-11-10 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Kaushik Dutta (Chairperson), Neelam Dhawan, K Ram |
| Nomination and remuneration committee | Sanjay Nayak (Chairperson), Neelam Dhawan, Pankaj Sood |
| Stakeholders Relationship Committee | Neelam Dhawan (Chairperson), Sanjay Nayak, Mehta Tarun Sanjay |
| Risk Management Committee | Kaushik Dutta (Chairperson), Swapnil Babanlal Jain, K Ram |
Charges & Borrowings of Ather Energy Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2026 | Others | ₹100 Cr | Open |
| 31 Mar 2026 | Others | ₹100 Cr | Open |
| 23 Mar 2026 | The Catholic Syrian Bank Ltd | ₹100 Cr | Open |
| 16 Dec 2025 | Axis Bank Limited | ₹150 Cr | Open |
| 31 Oct 2025 | Others | ₹150 Cr | Open |
Total charge records: 29 View all charges
Employees and EPFO Compliance at Ather Energy Limited
View historical data on people associated with Ather Energy Limited, including employment history and EPFO contributions.
Employee and EPFO history for Ather Energy Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Ather Energy Limited
GST registrations and filing compliance for Ather Energy Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Ather Energy Limited
Credit ratings, litigation, and regulatory alerts for Ather Energy Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Ather Energy Limited
MSME payment history for Ather Energy Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Ather Energy Limited
Corporate group structure for Ather Energy Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
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MCA Filings & Documents of Ather Energy Limited
MCA filings and documents for Ather Energy Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
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Recent Activity on Ather Energy Limited
Recent News on Ather Energy Limited
Frequently Asked Questions about Ather Energy Limited
Ather Energy Limited is an active public limited company in the automobile sector based in Bangalore, Karnataka, India. It was incorporated on 21 October 2013 (13+ years old) and is registered under CIN L40100KA2013PLC093769. The company has 1,554 employees.
Ather Energy Limited reported revenue of ₹3,671.76 Cr for FY 2026 (up 62.83% YoY) based on standalone NSE filings.
The current directors of Ather Energy Limited are:
- Vivek Anand - Additional Director
- Neelam Dhawan - Director
- Sanjay Nayak - Director
- Tarun Sanjay Mehta - Whole-Time Director
- Kaushik Dutta - Director
- Pankaj Sood - Director
- Swapnil Babanlal Jain - Whole-Time Director
- Ram Kuppuswamy - Director
The primary industry of Ather Energy Limited is automobile. The company specifically operates in trailers. The company is currently active in this sector.
Yes, Ather Energy Limited is a listed company.
Ather Energy Limited can be reached at the registered office: 3Rd Floor Tower D Ibc Knowledge Park #41 Bannerghatta Main Road, Bangalore, Karnataka, India – 560029, or through the website atherenergy.com.