Ather Energy Ltd

Ather Energy crossed a milestone with the opening of its 55th Experience Centre (EC) in Maharashtra, located in Dharashiv. Over the last few months, Ather has focused on rapidly expanding its presence in the state, to cater to the growing market and demand for its electric scooters, especially the Rizta - Ather's first family scooter. In the last two months, Ather has opened 16 new Experience Centres in Maharashtra in locations such as Vasai, Wardha, Solapur, Hadapsar, Bhusawal, Malegaon, Chalisgaon, Kudal, Dharashiv, Nashik, Savedi, Udhyam Nagar, and Barshi. With increasing demand for EVs across the state, Ather plans to continue expanding its presence with more ECs in the coming months. In addition to the Experience Centres, Ather currently has 39 Service Centres (SCs) in Maharashtra, including three Gold Service Centres in Nashik, Vasai and Kolhapur. To support the EV two-wheeler ecosystem and make the ownership experience hassle-free, Ather has also established the Ather grid fast charging network across the state. Maharashtra has 524 Ather Grid Fast-chargers and Neighbourhood charges as of March 31, 2025. The Ather Grid is India's widest 2-wheeler fast charging network. As of March 31, 2025, Ather has installed 3,578 Fast chargers and Neighbourhood chargers across India.Powered by Capital Market - Live

Ather Energy and Infineon Technologies Asia Pacific, a global leader in semiconductor solutions, signed a Memorandum of Understanding (MoU) in Seoul, South Korea, to jointly drive innovation in the electric vehicle (EV) industry in India. The collaboration focuses on advancing semiconductor technologies to support light electric vehicles (LEVs), charging infrastructure, and safety, with a shared vision to contribute to India's growing EV ecosystem. The partnership aims to leverage cutting-edge semiconductor solutions from Infineon based on various technologies, microcontrollers and automotive related sensors, alongside Ather's expertise in designing state-of-the-art LEVs (Light Electric Vehicles). Together, the companies will work towards enabling more efficient, reliable, and cost-effective EV solutions, driving the adoption of electric two-wheelers in India. Powered by Capital Market - Live

Ather Energy has recently launched its second Experience Centre, Ather Space, in Indore, further expanding its network in Madhya Pradesh. At the Experience Centre, enthusiasts can purchase the Ather 450 performance scooters and the Rizta, Ather's first family scooter. This Ather Space also houses an Ather Gold Service Centre, built to provide customers with a seamless and premium service experience. The Ather Gold Service Centre also offers ExpressCare service, which enables customers to complete periodic maintenance within 60 minutes, is also available here. Currently, Ather has 14 service centres in Madhya Pradesh. At the experience centre, customers can get a detailed understanding of the scooters and test ride and experience them as well. Ather currently has 2 experience centres in Indore and 18 across Madhya Pradesh. As of March 31, 2025, Ather has also established 68 Ather Grid fast chargers across Madhya Pradesh. The Ather Grid is India's widest 2-wheeler fast charging network. As of March 31, 2025, Ather has installed 3,578 Fast chargers and Neighbourhood chargers across India.Powered by Capital Market - Live

Net Loss of Ather Energy reported to Rs 234.40 crore in the quarter ended March 2025 as against net loss of Rs 283.30 crore during the previous quarter ended March 2024. Sales rose 29.17% to Rs 676.10 crore in the quarter ended March 2025 as against Rs 523.40 crore during the previous quarter ended March 2024. For the full year,net loss reported to Rs 812.30 crore in the year ended March 2025 as against net loss of Rs 1059.70 crore during the previous year ended March 2024. Sales rose 28.58% to Rs 2255.00 crore in the year ended March 2025 as against Rs 1753.80 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales676.10523.40 29 2255.001753.80 29 OPM %-25.50-45.57 --25.76-39.04 - PBDT-189.20-245.60 23 -641.30-738.40 13 PBT-234.40-283.30 17 -812.30-885.10 8 NP-234.40-283.30 17 -812.30-1059.70 23 Powered by Capital Market - Live

Ather Energy will hold a meeting of the Board of Directors of the Company on 12 May 2025.Powered by Capital Market - Live

The scrip was listed at Rs 326.05, exhibiting a premium of 1.57% to the issue price. So far, the stock has hit a high of 332.90 and a low of 321. On the BSE, over 6.90lakh shares of the company were traded in the counter so far. The initial public offer (IPO) of Ather Energy was subscribed 1.43 times. The issue opened for bidding on 28 April 2025 and it closed on 30 April 2025. The price band of the IPO was fixed between Rs 304 to 321 per share. The IPO comprised a fresh issue of equity shares worth up to Rs 2,626 crore and an offer for sale of 11,051,746 equity shares, aggregating up to Rs 354.76 crore, by existing shareholders. The objectives of the fresh issue included Rs 927.2 crore for capital expenditure towards the establishment of an electric two-wheeler (E2W) factory in Maharashtra, India; Rs 40 crore for repayment/pre-payment of certain borrowings; Rs 750 crore for investment in research and development; Rs 300 crore for marketing initiatives; and the remaining amount for general corporate purposes. The promoters are Tarun Sanjay Mehta, Swapnil Babanlal Jain, and Hero MotoCorp (HMCL). The promoters and promoter group hold an aggregate of 158,728,716 equity shares, aggregating to 54.6% of the pre-offer issued and paid-up equity share capital. Their post-IPO shareholding is expected to be around 42%. Ahead of the IPO, Ather Energy on Friday, 25 April 2025, raised Rs 664 crore from anchor investors. The board allotted 2.06 crore shares at Rs 321 each to 14 anchor investors. Ather Energy, incorporated in 2013, is an Indian electric two-wheeler (E2W) company engaged in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, smart accessories, and supporting software systems. The firm reported a consolidated net loss of Rs 577.90 crore and sales of Rs 1,578.90 crore for the nine months ended on 31 December 2024.Powered by Capital Market - Live