Ather Energy Limited (NSE:ATHERENERG)

Ather Energy Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	7,923	698	2,279	826	574	553
Short-Term Investments	4,805	2,329	1,344	2	-	-
Trading Asset Securities	-	410	2,922	2,859	373	924
Cash & Short-Term Investments	12,728	3,437	6,545	3,687	947	1,477
Cash Growth	-	-47.49%	77.52%	289.33%	-35.88%	51.02%
Accounts Receivable	192	123	17	12	10	-
Other Receivables	34	913	849	3	13	65
Receivables	230	1,040	868	23	24	67
Inventory	2,535	2,446	1,167	2,574	607	567
Prepaid Expenses	-	322	159	107	106	28
Restricted Cash	-	-	-	-	313	-
Other Current Assets	18,075	4,323	3,555	6,692	929	446
Total Current Assets	33,568	11,568	12,294	13,083	2,926	2,585
Property, Plant & Equipment	5,480	5,174	3,360	3,674	1,581	1,245
Other Intangible Assets	2,560	2,206	1,935	2,145	2,692	2,294
Other Long-Term Assets	2,826	2,058	1,546	866	987	1,289
Total Assets	44,434	21,006	19,135	19,768	8,186	7,413
Accounts Payable	7,570	5,609	4,027	3,847	1,216	676
Accrued Expenses	-	503	1,760	432	273	237
Short-Term Debt	-	856	1,035	2,537	687	-
Current Portion of Long-Term Debt	1,672	2,474	1,805	1,110	1,210	609
Current Portion of Leases	284	263	209	178	68	97
Current Unearned Revenue	-	221	121	22	8	12
Other Current Liabilities	3,227	1,806	1,807	2,069	481	407
Total Current Liabilities	12,753	11,732	10,764	10,195	3,943	2,038
Long-Term Debt	995	1,169	309	1,205	1,088	1,108
Long-Term Leases	1,352	1,431	1,419	1,686	597	375
Long-Term Unearned Revenue	-	833	379	-	-	-
Pension & Post-Retirement Benefits	-	261	155	92	61	43
Other Long-Term Liabilities	2,122	650	650	453	248	87
Total Liabilities	17,222	16,076	13,676	13,631	5,937	3,651
Common Stock	380	291	-	-	-	-
Additional Paid-In Capital	-	40,091	33,327	23,521	11,522	9,779
Retained Earnings	-	-37,322	-29,093	-18,276	-9,629	-6,188
Comprehensive Income & Other	26,832	1,870	1,225	886	352	167
Total Common Equity	27,212	4,930	5,459	6,131	2,245	3,758
Shareholders' Equity	27,212	4,930	5,459	6,137	2,249	3,762
Total Liabilities & Equity	44,434	21,006	19,135	19,768	8,186	7,413
Total Debt	4,303	6,193	4,777	6,716	3,650	2,189
Net Cash (Debt)	8,425	-2,756	1,768	-3,029	-2,703	-712
Net Cash Per Share	27.19	-10.94	7.89	-17.25	-21.53	-6.54
Filing Date Shares Outstanding	385.25	290.64	30.81	29.77	29.72	28.41
Total Common Shares Outstanding	385.25	290.64	29.77	29.77	29.72	28.41
Working Capital	20,815	-164	1,530	2,888	-1,017	547
Book Value Per Share	70.63	16.96	183.35	205.92	75.54	132.28
Tangible Book Value	24,652	2,724	3,524	3,986	-447	1,464
Tangible Book Value Per Share	63.99	9.37	118.36	133.88	-15.04	51.53
Machinery	-	3,471	2,378	2,069	1,410	1,106
Construction In Progress	-	57	-	9	4	1
Leasehold Improvements	-	411	367	340	98	119

Source: S&P Global Market Intelligence. Standard template. Financial Sources.