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Ather Energy stock

ATHERENERG.NSNSE

Ather Energy Ltd., Consumer CyclicalISIN INE0LEZ01016

$20.44▲ $0.58 (+2.9%)Closing price of 12 Nov 2026

45Score 45 out of 100, Weak

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Price and trend

77 / 100

Price history

+206% in one year

The chart shows daily closes over 2 years, adjusted for stock splits and without dividends. Click into the chart to set a price alert at that price.

Long-term trend

Above the 200-day line: the price is 69% above it.

Momentum

Overheated: the price has risen very quickly lately (RSI 88).

Distance to the high

The price is at its 52-week high. Largest decline in 2 years: 22% (October 2025 to January 2026).

Chart figures for advanced users
SMA 50$16.89
Average price of the last 50 trading days, shows the short-term trend.
SMA 200$12.07
Average price of the last 200 trading days, shows the long-term trend.
RSI (14)88
Relative strength over the last 14 days on a scale from 0 to 100. Above 70 the price counts as overheated, below 30 as sharply fallen.
MACDabove the signal line
Compares a fast and a slow price average. Above its signal line momentum is rising, below it momentum is fading.
Support$6.39
The lowest closing price of the last twelve months.
Resistance$20.44
The highest closing price of the last twelve months.
Market cap
$8.11B
Div. yield
no dividend
Loss
1,951.3
on earnings for the next twelve months ($0.01 per share)
Fair value
no data

Snapshot

Computed from the data by fixed rules, no AI

  • Ather Energy Ltd. belongs to the Auto (Manufacturers) industry (India) and, with a market value of $8.11B, is number 40 of 55 companies in its industry on MEQIRI.
  • In fiscal 2025 it reported revenue of $390.27M (up 62.8% year on year) and a loss of $54.97M.
  • For fiscal 2026, analysts expect on average revenue of $688.03M (up 76.3%) and adjusted earnings per share of −$0.06.
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  • MEQIRI Score 45 out of 100 (Weak): rank 507 of 596 in Consumer Cyclical, median 61.

In plain words

The numbers on this page in plain words, written by an AI

Strengths

  • Growing faster than its industryRevenue up 115.1% a year since 2020, Auto (Manufacturers) median 13.8%.Growth 70
  • More cash than debtCash $321.14M, financial debt $102.29M.Stability 58

Weaknesses

  • Loss-makingLoss of $24.94M over the last 12 months.Fundamentals 17
  • Volatile share priceVolatility 49% a year over the last 12 months.Stability 58
45/ 100
MEQIRI Score
Weak

Its standout strengths are momentum and technical analysis, while profitability and valuation hold the score back.

Daily figure as of 13 Nov 2026

How the score is calculated

Score overview

Fundamental quality fluctuates.

Profit consistency0% of years
Cash conversion (free cash flow to earnings, 12 months)not measured
ROIC (12 months)−17.3%
Positive free cash flow0% of years
How this category is measured

Score history

The full history of up to 20 years comes with MEQIRI Pro.

See plans

Crash risk not measured

How well MEQIRI warns

For stocks from Japan, China, Hong Kong, Taiwan, Korea, Canada, India and Brazil we only show crash risk once a separate backtest shows that it warns as well there as in the US and Europe.

Valuation

Valuation signal

Overvalued
Price
$20.44
Fair value
not meaningful
Gap to fair value
no data

A fair value is not meaningful here, so the signal follows the valuation grade.

Valuation metrics

no data
4,312.7
Fair value (model)
no data

The model puts the fair value at less than a quarter of the share price. That says more about the assumptions than about the company, so a fair value is not meaningful here and the valuation relies on the P/E and the other metrics.

Calculate with your own assumptions

Company performance

This shows several years of history with an automatic assessment.

Revenue

7 years

In the twelve months to 30 Sep 2026, revenue rose 68.5% on the twelve months before. Revenue has grown strongly since 2019, at around 117% per year.

Margins

7 years
  • Gross margin
  • Operating margin
  • Net margin

In fiscal 2025: gross 3%, operating −16%, net −14%. Last 12 months: net −5%.

Debt & balance sheet

latest quarter
0.22
−5.3x
2.65
Cash & equivalents
$321.14M

Debt is low, but interest coverage is weak. Keep an eye on the interest burden and refinancing.

Earnings

Next earnings
2 Dec 2026in 19 days
Last reported
3 Aug 2026EPS reported −$0.01 (expected −$0.02)above expectations

Analyst estimates

Analysts have raised their 2028 earnings estimate by 1,932.0% since 23 Oct 2026.

Fiscal 20279 analysts
Earnings per share
−$0.06+44.0%
Revenue
$688.03M+6.2%
Fiscal 202812 analysts
Earnings per share
$0.05+1,932.0%
Revenue
$1.15B+11.5%

MEQIRI has stored the estimates since 23 Oct 2026. Until 30 days are available, the card shows the change since that day. Mean estimate according to Financial Modeling Prep. No price target and no recommendation.

What happened at Ather Energy

The key events of the last six months from our own data. A click takes you to the matching card.

Sector comparison

596 rated companies in Consumer Cyclical

Rank 507 of 596
507/ 596
This company
45
Sector median
61

Categories against the sector median

ProfitabilityMedian of 596 companies12 (median 53)41 below the median
GrowthMedian of 596 companies70 (median 60)10 above the median
FundamentalsMedian of 596 companies17 (median 73)56 below the median
ValuationMedian of 575 companies with a value10 (median 73)63 below the median
StabilityMedian of 596 companies58 (median 62)4 below the median
Capital allocationMedian of 596 companies28 (median 59)31 below the median
Technical analysisMedian of 596 companies77 (median 62)15 above the median
MomentumMedian of 596 companies96 (median 60)36 above the median

The median is the middle value: half of the companies in the sector lie above it, half below. Categories with too few comparable companies are left out.

Competitors in Auto (Manufacturers)

The next larger and next smaller companies by market value

All 55 Auto (Manufacturers) stocks

ETFs that hold Ather Energy

Held by 10 ETFs on Xetra. Shown per index: the ETF with the largest weight.

Show 5 more

Holdings as reported by the funds via FMP, excluding swap ETFs (their holdings are only collateral).

Data status and sources

Score
Daily value of 13 Nov 2026, recalculated nightly
Price
Closing price of 12 Nov 2026
Latest annual report
Fiscal year 2025, period end 31 Mar 2026
Currency
Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = ₹94.0836)
Source
Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.

Mandatory disclosures for this rating

  • ; time horizon around 12 months
  • Rated Weak, published since 7 Nov 2026 (in the score history since 30 Oct 2026)
  • Valuation signal Overvalued since 7 Nov 2026
  • End-of-day prices, metrics cached for up to 24 hours
  • Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
  • Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
  • Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.

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