Ather Energy Limited (BOM:544397)

Ather Energy Financials Overview

Financials in millions INR. Fiscal year is April - March.

Revenue & Profits

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Revenue Revenue Growth	36,718	36,718	22,550	17,538	17,836	4,085
Revenue Growth	62.83%	62.83%	28.58%	-1.67%	336.62%	411.90%
Gross Profit Gross Profit Growth	7,742	7,742	3,783	1,220	1,575	169
Operating Income Operating Income Growth	-5,886	-5,886	-7,532	-8,295	-8,131	-3,055
Net Income Net Income Growth	-5,172	-5,172	-8,123	-10,597	-8,645	-3,441
Earnings Per Share EPS Growth	-13.99	-13.99	-32.24	-47.32	-49.24	-27.41
EPS Growth	-	-	-	-	-	-

Revenue by Geography

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
India India Growth	36,256	36,256	22,406	17,474	17,814	4,085
Other Countries Other Countries Growth	461.6	461.6	143.8	64	22	-
Total Total Growth	36,718	36,718	22,550	17,538	17,836	4,085

Cash & Debt

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Investments Cash & Investments Growth	24,890	24,890	3,437	6,545	3,687	947
Total Debt Total Debt Growth	6,642	6,642	6,192	4,777	6,716	3,650
Net Cash (Debt) Net Cash Growth	18,248	18,248	-2,755	1,768	-3,029	-2,703
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	49.35	49.35	-10.94	7.89	-17.25	-21.53

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Operating Cash Flow Operating Cash Flow Growth	318.9	318.9	-7,207	-2,676	-8,697	-2,262
Capital Expenditures CapEx Growth	-5,061	-5,061	-3,390	-1,159	-1,317	-712
Free Cash Flow Free Cash Flow Growth	-4,742	-4,742	-10,597	-3,835	-10,014	-2,974
Free Cash Flow Growth	-	-	-	-	-	-

Margins

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Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Gross Margin	21.08%	21.08%	16.77%	6.96%	8.83%	4.14%
Operating Margin	-16.03%	-16.03%	-33.40%	-47.30%	-45.59%	-74.79%
Pretax Margin	-14.09%	-14.09%	-36.02%	-60.42%	-48.47%	-84.24%
Profit Margin	-14.09%	-14.09%	-36.02%	-60.42%	-48.47%	-84.23%
FCF Margin	-12.91%	-12.91%	-46.99%	-21.87%	-56.15%	-72.80%

Valuation

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Fiscal Year	Current	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Aug 2, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
PS Ratio	13.15	7.86	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

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