About Ather Energy Limited
Data last updated: 08 January 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 ₹38.14 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 the financials filed for FY 2025, the company reported a revenue of ₹2,305.2 Cr, a growth of 29% compared to the previous year.
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 ₹819 Cr and satisfied charges of ₹1,061 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 | ********* |
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 10 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 7 Months | Current |
| Neelam Dhawan | Director | 27 Aug 2024 | 1 Years 10 Months | Current |
|
Sanjay Nayak
Also directs:
Ather Energy Limited, Shramol Technologies Private Limited, Epic Electronics Products Foundation and 1 more
|
Director | 27 Aug 2024 | 1 Years 10 Months | Current |
|
Tarun Sanjay Mehta
Also directs:
Ather Energy Limited
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Whole-Time Director | 21 Oct 2013 | 12 Years 8 Months | Current |
| Kaushik Dutta | Director | 06 May 2024 | 2 Years 2 Months | Current |
|
Pankaj Sood
Also directs:
Ather Energy Limited, Aditya Birla Fashion And Retail Limited, Mphasis Limited and 5 more
|
Director | 11 Nov 2022 | 3 Years 7 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. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| 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 Oct 2025 | Others | ₹150 Cr | Open |
| 25 Sep 2025 | Others | ₹3.5 Cr | Open |
| 24 Jul 2025 | Others | ₹150 Cr | Open |
| 22 Jul 2024 | Others | ₹100 Cr | Open |
| 25 Apr 2024 | Others | ₹50 Cr | Open |
Total charge records: 25 View all charges
Employees and EPFO Compliance at Ather Energy Limited
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Employee Count & EPFO Data of Ather Energy Limited
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GST Compliance of Ather Energy Limited
GSTIN & GST Filing Data of Ather Energy Limited
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Credit Ratings, Litigation & Regulatory Alerts for Ather Energy Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Ather Energy Limited
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MSME Payment Delays by Ather Energy Limited
MSME Payment Delays by Ather Energy Limited
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Subsidiaries & Group Companies of Ather Energy Limited
Subsidiaries & Group Companies of Ather Energy Limited
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MCA Filings & Documents of Ather Energy Limited
MCA Filings & Documents of Ather Energy Limited
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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 ₹2,305.2 Cr for FY 2025 (up 29.00% YoY).
The current directors of Ather Energy Limited are:
- Vivek Anand
- Neelam Dhawan
- Sanjay Nayak
- Tarun Sanjay Mehta
- Kaushik Dutta
- Pankaj Sood
- Swapnil Babanlal Jain
- Ram Kuppuswamy
- Sohil Dilipkumar Parekh
- Tarun Sanjay Mehta
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.