Electric scooter manufacturer Ather Energy has introduced new employee stock options (ESOPs) covering 12.74 lakh equity shares as part of its 2025 initiative, as reported in two recent filings with the stock exchanges. The Nomination and Remuneration Committee of the company has given the green light for the allotment of 9.79 lakh stock options to qualifying employees under the Ather Energy ESOP 2025 plan. Additionally, the Board of Directors has approved an extra 2.95 lakh stock options for key managerial personnel (KMPs) and senior management, bringing the total to 12.74 lakh shares.
Based on Ather’s current share price of Rs 555, the newly issued ESOPs are valued at approximately Rs 70.6 crores. Furthermore, Ather has moved into the third spot in the two-wheeler electric vehicle (2W EV) sales rankings, capturing a 17.12% market share. The company registered 17,856 units sold in August, marking a 10% increase from the previous month. Year-over-year, Ather has demonstrated over 60% growth in registrations.
Financial Performance of Ather Energy
Ather’s operational revenue surged by 79% to Rs 645 crore in the first quarter of FY26, up from Rs 360 crore during the same period last year (Q1 FY25). Meanwhile, the company has managed to reduce its net losses by 3%, dropping to Rs 178 crore in Q1 FY26 compared to Rs 183 crore in the previous year.
Stock Market Activity
Ather Energy made its debut on the stock market on May 6, 2025, with an initial listing price of Rs 328 per share on the National Stock Exchange (NSE). Currently, the stock is trading at Rs 555 (as of 10:15 AM), resulting in a total market capitalisation of Rs 20,820 crore.