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ather share price

Ather energy share/stock

Available in Depository:

Available for Investment:

ESDS Unlisted Share Company Essentials

ISIN NUMBER

INE745X01022

FACE VALUE

₹ 5

Current Ratio

₹ 119.57

EPS

3.46

P/E Ratio

89.61%

NET REVENUE

4.57%

NET PROFIT

60.18%

ROE

11.52%

Cashflow from Operations

 

13.61%

About Ather Energy share/stock

Overview

Ather Energy is an Indian two-wheeler electric manufacturer, headquartered in Karnataka, India.

It was founded by Tarun Mehta and Swapnil Jain in 2013. 

It currently manufactures electric scooters named the Ather 450S, Ather 450X and the Ather 450X Pro

Ather Energy has raised over INR 400 Cr from caladium investor in it;s last funding round which increased it’s share price.

 

Performace Review

During the year, your Company sold (retail) 23,408 units of Ather electric scooters as compared to 5,523 units sold in FY’21. The top-end
Ather 450X model constituted ~81% of the total units sold and the remaining ~19% of sales were from the Ather 450 Plus model suggesting
good traction amongst the premium scooter buyers. This growth in volumes over FY21 was achieved despite severe constraints regarding
supply of some critical components which constrained the Company to be able to service only 50% of the orders received during the year.

Expanding the geographical footprint was a key focus area during the year. The Company expanded from 9 retail stores (Experience Centers)
in 9 cities last year to 34 Experience Centers in 28 cities at the end of FY22. The geographical spread of network comprises 51% in the South
followed by 21% in the West, 20% in the North and 9% in the East of India. These cities have a healthy mix of Tier 1, Tier 2 and Tier 3 cities
with an extremely encouraging response from smaller towns. The penetration of EV scooters as a percentage of population is significantly
higher in Tier 2 & Tier 3 cities as compared to the big metros. Big cities like Delhi, Bengaluru, Hyderabad and Chennai now have multiple
Ather Experience Centers testifying the depth in demand in these cities.

 

Ather grid

On the charging infrastructure front, the Company launched 2nd generation of fast charging systems. The new system increases charging
speed by 50% over the 1st generation, with a higher degree of reliability. The Company has set up 203 fast-charging stations during the year,
taking the total number of charging installations to 351 across 28 cities.
Looking at broader ecosystem view, and to facilitate and expedite the movement towards a unified EV connector standard in the country,
your Company has, during the year, offered its proprietary fast charger connector standard for other EV OEMs

 

Marketing Plans
With fast expansion into new geographies and increasing number of new entrants in the 2W EV space, your Company’s marketing focus,
during the year, was three pronged – (a) to increase awareness of the brand in newer markets, (b) to increase the consideration of the brand
amongst the prospects in the relatively established markets, and (c) to differentiate the brand in an increasingly crowded market.


The Company used a combination of high decibel media (comprising TV, Print, Digital, Social & on-ground activations) campaigns,
engaging creative approach and impactful associations to achieve these objectives. Most of the Company’s marketing investments were
focused in two quarters: the festive quarter of Aug, Sep and Oct 2021 – in order to break-out of the post COVID wave-3 slump and to
leverage the resurgent consumer sentiment, and the last quarter of FY’22 where your Company became the first EV2W brand to foray into
the Indian Premier League by being the Principal/Title Partner to the newly formed IPL cricket team “Gujarat Titans”. This association is
expected to make significant impact in terms of brand awareness and business growth in the coming years.
The Company’s brand message focused on appealing to the wide base of ICE scooter intenders and demonstrating the major difference that
Ather scooters can create in their lives when compared to their existing scooters, thereby making the brand more relevant to them and
increasing the consideration amongst these audiences.


The Company also tied up with over 120 national and regional influencers in the field of automobiles, technology, and lifestyle. These
influencers, with a combined reach of over 8 million+ followers, created positive brand and product imagery through curated content that
helped improve awareness and consideration for the Ather brand and its products.

 

Outlook
The outlook for the EV industry has become stronger and bullish through FY22. The tailwinds of increasing consumer demand and continued
policy support from Central and State Governments have provided a strong impetus to the industry. The penetration of EV scooters in the
overall scooter industry reached 11% in Q4 FY22 with March 2022 touching 12.5% penetration. This is faster than any of the industry
predictions. However, the outlook on the supply side continues to be challenging with several unpredictable factors. Shortage of battery cells
and chips are two of the major factors that continue to be a concern for the near future.
Recently, some incidents of EV 2W from other brands having battery and/or other product design and quality related issues were reported,
leading to recall of products in some cases by the OEMs.

Your Company has been able to consistently build the reputation of being a brand that has reliable and well-built products, a wide & capable
network, strong brand awareness and a customer-centric approach. This is expected to hold the Company in good stead in FY23 as it enters a
very high growth phase. Last quarter of FY22 and the month of April 2022 give early signs of the positive momentum for the Company.
With a healthy and stable cost structure and the above strengths of the brand, your Company is well poised to achieve breakout growth in
FY23.

Government Policies
The Central Government continues to show strong intent to catalyze the shift towards EV by making the policies even more favorable for
EVs. This gets more support from the State Governments that are joining the EV bandwagon by announcing State-specific EV policies.
In FY22, the Central Government increased the FAME II incentive on EVs by a whopping 50% and also increased the battery capacity cap
from 3kWh to 4 kWh to be eligible to claim the incentive, thereby making the prices of EV 2Ws even more competitive as compared to the
ICE scooters. Other policies like the PLI schemes linked to battery manufacturing show the continued support for EV mobility.
As of the end of FY22, 9 States have announced State-specific EV policy that incentivizes the purchase of EV over and above the Central
Government’s FAME II policy. The policies by several other States are expected to be announced in FY23. Many of these State policies
focus on not just incentivizing the end consumer but also on providing attractive incentives for OEMs to set up manufacturing
facilities. These initiatives have acted as a catalyst to the development of the sector and will address the apprehensions of the manufacturers,
sellers, as well as the customers.

Awards and recognitions
During the year, your Company received many awards and recognitions from different bodies:
1. “Best Two-Wheeler manufacturer of the Year – by Carandbike.
2. “ Ather 450X Crowned EV Two-Wheeler of The Year ” by Carandbike.
3. “ Best Electric Scooter ” by Motor Vikatan

ather share price

Ather Energy IPO Details

  • The company has not filed its DRHP with SEBI and is not  coming out with its IPO soon.

Ather Energy Share/Stock Price

  • Ather Energy share price is decided on the basis of it’s funding round that it raised from it’s investors. After that, price is decided by the forces of demand and supply as same as listed market. Ather Energy share price is Rs 4500 per share with a face value of Rs 1. 
  • Many investors check ather energy share/stock price on NSE/BSE. However ather energy is not listed on any Nse as of now. If you want to invest in ather energy, then you have to purchase it through bharatinvest.

Ather Energy Peers

Following are the close Listed Peers of the company:

Ather Energy Valuation and Analysis

ESDS Unlisted Share Subsidiaries

  • ESDS Internet Services Private Limited Subsidiary Company
  • ESDS Global Software Solution Inc., a wholly owned subsidiary company
  • ESDS Cloud FZ LLC is a wholly owned subsidiary company.
  • Spochub Solutions Private Limited is a wholly owned subsidiary company.

 

Revenue Segmentation- Ather Energy Share

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Board Members-ESDS Unlisted Share

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Consolidated Results Ather Energy Share

Profit and Loss Statement

*figures in Cr

Balance Sheet
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*figures in lakhs

Cashflow
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News- Ather Energy Unlisted Share

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FAQs- Ather Energy Unlisted Share

Please find below the procedure for buying Ather Energy Shares/Pre-IPO shares at Bharat Invest.

  • You confirm booking of Ather Energy Unlisted Shares/Pre-IPO shares with us at a specified price.
  • You have to provide your client master report along with PAN Card and Cancelled Cheque in case you are not transferring funds from the bank account as mentioned in the CMR Copy. These are KYC documents required as per SEBI regulations.
  • We will provide our bank details.
  • You need to transfer funds in the current account of bharatinvest.
  • No cash deposit is accepted
  • Payment has to be done from the same account in which shares are to be credited.
  • We ensure delivery of Ather Energy unlisted shares within 24 hours.
  • Incase of non-availability of shares, we refund the amount to the same bank account within 24 hours.
  • For detailed discussion, you can contact us via any medium.

Please find below the procedure for selling Ather Energy Unlisted Shares/Pre-IPO shares at Bharat Invest.

  • We will confirm our buying price of Ather EnergyUnlisted Shares /Pre-IPO shares.
  • We will give you our client master report and you will transfer the Ather Energy Unlisted Shares/Pre-IPO shares to our demat account.
  • We will transfer the funds in your bank account within 24 hours of receiving the Ather Energy Unlisted Shares/Pre-IPO shares .
  • All the transactions will be bank to bank.
  • Payment will be given in the same account which is linked to demat account or you need to provide the cancelled cheque shows your name to verify.
  • You can contact us through any medium for a detailed discussion. 
  • The lockin period is of 6 months for pre-ipo investors i.e. they cannot sell their shares for 6 months after they get listed. However, they can definitely sell the shares in pre-ipo market before they get listed.

 

  • With BharatInvest , you can now invest in unlisted/pre-ipo shares with as low as 25-50k depending upon the share.

 

  • You can download the NSDL or CDSL application and login into the account and check whether the shares have been credited or not.
  • Credit of Unlisted Shares/Pre-IPO shares Unlisted Shares can be checked in brokers application as well but it takes T+2 days to show the shares.

 

  • The value of share in unlisted space is determined in the same way as it is done in listed market. Demand and supply decide the price of any share. If the demand more than the supply, then the prices of the share increases and vice versa.
  • When a new shares is introduces in the unlisted space, the value of the company is decided upon the last funding raised by company. If the company hasn’t raised any funding in the past, then the valuation is decided upon the fundamentals of the company.

 

  • All the transactions are done DEMAT to DEMAT. All the unlisted shares traded with us are available in demat accounts and are transferred to your demat within 24 hours of payment.

Bharatinvest is India’s leading investment bank. Here you can invest unlisted, pre-ipo or delisted shares of Ather Energy at best price. At Bharatinvest, you will get all the updates regarding Ather Energy unlisted share price, IPO news, IPO price, GMP, Ather Energy share news, events, dividends, company related news, ISIN, lot size, Financials ( Ather Energy Profit and loss statement,Ather Energy Balance Sheet, Lenskart  cash flow statement ), Peer comparision and analyst views. Investing in Ather Energy  share before ipo can help you invest in shares when they are available at low prices. Holding them on long term basis will help you create wealth in long term and enjoy compounding benefits. Our investors have made an average 250% returns by investing in pre-ipo shares. Buy Ather Energy unlisted or Pre-ipo share at best price from our tech-platform today. You can connect with our expert financial advisors for any guidance. 

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