Ather Energy Ltd. (ATHERENERG.NS) stock analysis

In our weekly check, Ather Energy Ltd. is graded B (A to F). Of 22 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 5.

About Ather Energy Ltd.

Ather Energy Ltd. is a Consumer Cyclical company (Auto - Manufacturers) based in India, listed on NSE as ATHERENERG.NS.

What our checks show for ATHERENERG.NS

Red flags

• Operating profit does not cover the interest bill (-3.9x): interest is paid from cash or new debt.
• Earnings per share fell 35.8% a year over the last 3 years.
• The company is losing money: the net margin is -4.9%.
• Return on capital (ROCE) is zero or negative: the business does not earn on the money put into it.
• Pay in shares equals 0% of free cash flow: it dilutes shareholders.

Warning signs

• Free cash flow is only 0% of revenue.
• The price swings a lot: 47.7% annual volatility. Expect large ups and downs.

Strengths

• Debt is low: 0.22x equity.
• The net margin rose by 79.4 points over 5 years, to -4.9%.
• The gross margin is 11.1% and has risen by 5.6 points: pricing power is holding.
• Analysts expect earnings per share to grow about 49% a year over the next years.
• Analysts expect revenue to grow about 51.9% a year over the next years.
• Analysts expect the net margin to improve by 11.3 points from today's -4.9%.

Next earnings report: 2026-12-02

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Questions

What grade does Ather Energy Ltd. (ATHERENERG.NS) have?

In our weekly check, Ather Energy Ltd. is graded B (A to F). Of 22 checks on debt, profit, cash flow and trend: 15 pass, warnings: 2, red flags: 5. The grade is a risk check, not a buy or sell recommendation.

What are the main risks of ATHERENERG.NS stock?

This week's biggest flags for Ather Energy Ltd.: Weak interest cover, Weak EPS growth, Thin margins. In total 7 of 22 checks show a warning or a red flag.

What does Ather Energy Ltd. do?

Ather Energy Ltd. is a Consumer Cyclical company (Auto - Manufacturers) based in India, listed on NSE as ATHERENERG.NS.

When does Ather Energy Ltd. report earnings next?

The next earnings report is expected on 2026-12-02. We re-run the checks every week, so the grade can change after it.

The grade is a risk check, not a price forecast, and not investment advice. In our 10-year test (S&P 500, 2016-2026), stocks we graded A or B fell more than 30% 2-3 times less often than D or F, without a lower average return.

Updated 2026-10-31

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