Ather Energy (NSE: ATHERENERG) and Ola Electric (NSE: OLAELEC) are both listed in the 2W & 3W industry. Ather Energy has a market capitalisation of ₹70,381 Cr and Ola Electric ₹16,204 Cr, as of 9 Nov 2026. Return on equity is -33.74% for Ather Energy and -43.16% for Ola Electric. Over one year, Ather Energy's share price is up 168.9% and Ola Electric's is down 33.5%.
| Metric | Ather Energy | Ola Electric |
|---|---|---|
| NSE Symbol | ATHERENERG | OLAELEC |
| BSE Code | 544397 | 544225 |
| Share Price | ₹1,859.80 | ₹33.99 |
| Market Cap | ₹70,381 Cr | ₹16,204 Cr |
| P/E Ratio | Not meaningful (loss) | Not meaningful (loss) |
| Return on Equity | -33.74% | -43.16% |
| Return on Assets | -10.79% | -10.98% |
| Beta (1Y) | -0.18 | 1.11 |
| 1-Year Price Change | +168.9% | -33.5% |
| 3-Month Price Change | +26.8% | -13.5% |
| 52-Week Range | ₹601.35 – ₹1,871.80 | ₹22.25 – ₹49.05 |
| Latest Quarter | Q2 FY27 | Q1 FY27 |
| Quarterly Revenue | ₹1,464 Cr | ₹455 Cr |
| Quarterly Net Profit | ₹1 Cr | ₹-336 Cr |
| Net Margin | 0.1% | -73.8% |
| EPS (Basic, Quarter) | ₹0.03 | ₹-0.75 |
| Results Basis | consolidated | consolidated |
| Headquarters | Bengaluru, Karnataka | Bengaluru, Karnataka |
The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.
Ather Energy Limited, an electric vehicle company, engages in the design, development, and sale of electric two-wheelers, and associated product ecosystem. The company also offers vehicle architecture and chassis; battery packs and battery management system; vehicle control unit; touchscreen dashboard; motor controller; transmission; signal harness; and fast charging system. In addition, it provides charging infrastructure, software and accessories. The company was incorporated in 2013 and is headquartered in Bengaluru, India.
Ola Electric Mobility Limited develops, manufactures, and sells electric vehicles in India. It operates through the Automotive and Cell segments. The company provides electric scooters; and electric vehicle components, such as battery packs, motors and vehicle frames, and cells. It also offers charging solutions, as well as operates service centers. Ola Electric Mobility Limited was incorporated in 2017 and is based in Bengaluru, India.
Ather Energy has a market capitalisation of ₹70,381 Cr, against ₹16,204 Cr for Ola Electric as of 9 Nov 2026, about 4.3 times the size by market cap.
Ather Energy has a return on equity of -33.74% and Ola Electric -43.16%.
Ather Energy's share price is up 168.9% over one year and Ola Electric's is down 33.5%.
Ather Energy reported revenue of ₹1,464 Cr and net profit of ₹1 Cr for Q2 FY27. Ola Electric reported revenue of ₹455 Cr and net profit of ₹-336 Cr for Q1 FY27. Figures are parsed from each company's exchange filing.
Both are classified under Automobiles > Motorcycle Manufacturers > 2W & 3W on FinBizNet.
No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.
Data as of 9 Nov 2026. Descriptive market data only — not investment advice.