Ather Energy Peer Comparison
NSE: ATHER | BSE: 544397
₹1,665.50
As on 31-Aug-2026 10:29IST
Market cap
₹63,854 Cr
Revenue (TTM)
₹4,244 Cr
P/E Ratio
--
P/B Ratio
16.4
Div. Yield
0 %
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
63,854 | 18,042 | 15,615 | 177 | 2,21,265 |
Revenue (₹ Cr) |
4,244 | 1,880 | 289 | 276 | 24,998 |
Net Profit (₹ Cr) |
-389.80 | -1,741.00 | 278.52 | 0.94 | 4,964.32 |
Net Margin (%) |
-8.84 | -85.01 | 96.25 | 0.34 | 18.73 |
RoE (%) |
-14.54 | -45.26 | 0.92 | 0.73 | 24.67 |
Price to Earnings |
-- | -- | 56.06 | 187.77 | 38.33 |
Price-To-Book |
16.36 | 5.04 | 0.57 | 1.18 | 8.43 |
Income Statement (₹ Cr)
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Operating Revenue
|
3,671.76 | 4,514.00 | 312.76 | 304.94 | 23,407.56 |
|
Total Income
|
3,824.80 | 4,932.00 | 313.24 | 305.35 | 24,894.09 |
|
Total Expenditure
|
4,081.84 | 6,253.00 | 4.23 | 268.40 | 17,622.49 |
|
EBITDA
|
-410.08 | -1,739.00 | 308.53 | 36.54 | 5,785.07 |
|
Depreciation
|
172.89 | 566.00 | 0.02 | 6.67 | 840.37 |
|
EBIT
|
-582.97 | -2,305.00 | 308.51 | 29.87 | 4,944.70 |
|
Interest
|
82.20 | 366.00 | -- | 20.41 | 71.53 |
|
Other Income
|
153.04 | 418.00 | 0.48 | 0.41 | 1,486.53 |
|
Exceptional Items
|
-5.04 | -23.00 | 43.60 | -- | -55.45 |
|
Profit before Tax
|
-517.17 | -2,276.00 | 308.99 | 9.86 | 7,102.06 |
|
Provision for Tax
|
-- | -- | -1.57 | 3.51 | 1,586.83 |
|
Profit after Tax
|
-517.17 | -2,276.00 | 310.56 | 6.36 | 5,515.23 |
Liabilities (₹ Cr)
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
2,572.63 | 5,143.00 | 27,634.79 | 104.67 | 25,100.15 |
|
Minority Interest
|
-- | -- | -- | -- | -- |
|
Non-Current Liabilities
|
753.64 | 2,378.00 | 3,148.44 | 5.11 | 2,039.43 |
|
Current Liabilities
|
1,395.24 | 3,554.00 | 7.77 | 305.92 | 5,023.98 |
|
Total Liabilities
|
4,721.51 | 11,075.00 | 30,791.00 | 416.60 | 32,163.56 |
Assets (₹ Cr)
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
1,346.61 | 4,414.00 | 30,696.98 | 80.96 | 22,609.31 |
|
Current Assets
|
3,374.90 | 6,661.00 | 94.02 | 334.73 | 9,554.25 |
|
Total Assets
|
4,721.51 | 11,075.00 | 30,791.00 | 416.60 | 32,163.56 |
|
Total Debt*
|
513.07 | 3,043.00 | 0.00 | 196.47 | 319.01 |
|
Net Current Assets
|
1,979.66 | 3,107.00 | 86.25 | 28.81 | 4,530.27 |
|
Contingent Liabilities
|
62.31 | 2,507.00 | 4.21 | -- | 385.38 |
Cashflow (₹ Cr)
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
31.89 | -2,391.00 | 267.05 | -68.99 | 4,804.84 |
|
Cash Flow from Investing Activities
|
-2,526.51 | -2,864.00 | -18.97 | -19.27 | -2,963.98 |
|
Cash from Financing Activities
|
2,496.53 | 5,429.00 | -249.99 | 92.59 | -1,982.87 |
|
Net Cash Inflow / Outflow
|
1.91 | 174.00 | -1.91 | 4.33 | -142.01 |
Ratios
Profitability Ratios
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
ROCE (%)
|
-21.59 | -30.33 | 1.06 | 12.48 | 30.54 |
|
ROE (%)
|
-37.48 | -121.03 | 1.06 | 6.17 | 23.91 |
|
ROA (%)
|
-15.16 | -24.20 | 0.95 | 1.81 | 18.59 |
|
EBIT Margin (%)
|
-7.00 | -29.26 | 98.80 | 12.12 | 31.07 |
|
Net Margin (%)
|
-13.52 | -46.15 | 99.14 | 2.08 | 22.15 |
|
Cash Profit Margin (%)
|
-8.32 | -37.88 | 99.30 | 4.11 | 26.90 |
Growth Ratios
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
62.83 | -9.90 | 70.60 | -5.13 | 24.04 |
|
EBIT Growth (%)
|
51.56 | -27.76 | 77.96 | 16.04 | 20.85 |
|
Net Profit Growth (%)
|
36.33 | -43.69 | 44.88 | -52.68 | 16.49 |
|
EPS Growth (%)
|
51.65 | 36.32 | 44.88 | -52.68 | 16.45 |
|
Book Value Growth (%)
|
701.87 | 511.34 | -10.46 | 3.36 | 17.71 |
Valuation Ratios
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Price / Earnings
|
0.00 | 0.00 | 40.82 | 72.18 | 32.75 |
|
Price / Book Value
|
11.75 | 4.70 | 0.46 | 4.50 | 7.24 |
|
Dividend Yield (%)
|
0.00 | 0.00 | 1.98 | 0.55 | 1.25 |
|
EV/EBITDA
|
-110.91 | -17.33 | 41.00 | 17.81 | 24.85 |
|
Market Cap (₹ Cr)
|
28,817.44 | 23,364.92 | 12,675.91 | 471.07 | 1,80,622.10 |
Solvency Ratios
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.21 | 0.61 | 0.00 | 1.88 | 0.01 |
|
Short term debt to equity ratio
|
0.17 | 0.24 | -- | 1.74 | 0.00 |
|
Current Ratio
|
2.42 | 1.87 | 12.10 | 1.09 | 1.90 |
|
Quick Ratio
|
2.22 | 1.65 | 12.10 | 0.88 | 1.51 |
|
Interest Coverage
|
-5.29 | -5.22 | -- | 1.48 | 100.29 |
Operating Efficiency Ratios
| Ather Energy | Ola Electric Mobility | Maharashtra Scooters | Wardwizard Innovations | Eicher Motors | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
0.23 | 0.20 | -- | 51.06 | 1.51 |
|
Asset Turnover
|
1.21 | 0.48 | 0.01 | 0.90 | 0.80 |
|
Receivable days
|
0.89 | 6.75 | 0.00 | 127.90 | 6.98 |
|
Inventory Days
|
23.22 | 59.76 | 0.00 | 82.39 | 27.27 |
|
Payable days
|
87.60 | 113.20 | -- | 113.73 | 73.57 |
|
Cash Conversion Cycle
|
-63.50 | -46.69 | -- | 96.56 | -39.32 |