Bengaluru-based maker of Ather 450 & Rizta electric scooters, in-house charging network & software.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 0 | 0 | 0 | 0 | 0 | 29 | 38 | 38 |
| Reserves | 250 | 376 | 224 | 614 | 545 | 464 | 2.7k | 2.5k |
| Borrowings | 132 | 219 | 365 | 485 | 478 | 619 | 430 | 664 |
| Other Liabilities | 137 | 146 | 229 | 878 | 890 | 988 | 1.3k | 1.5k |
| Total Liabilities | 518 | 741 | 819 | 2.0k | 1.9k | 2.1k | 4.4k | 4.7k |
| AssetsFixed Assets | 178 | 307 | 335 | 544 | 459 | 616 | 780 | 627 |
| CWIP | 104 | 47 | 93 | 37 | 71 | 122 | 24 | 340 |
| Investments | 39 | 92 | 37 | 286 | 292 | 41 | 480 | 552 |
| Other Assets | 198 | 295 | 354 | 1.1k | 1.1k | 1.3k | 3.2k | 3.2k |
| Total Assets | 518 | 741 | 819 | 2.0k | 1.9k | 2.1k | 4.4k | 4.7k |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
ATHERENERG · CYCLICAL_UNMODELABLE
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