Bharat Forge vs Ather Energy: share price & financials comparison
NSE: BHARATFORG vs ATHERENERG · Automobile and Auto Components · as of 06 Nov 2026
Both prices rebased to 100 at the start of the selected period.
Bharat Forge vs Ather Energy at a glance
Bharat Forge (BHARATFORG) has a market capitalisation of ₹85,036 Cr, against ₹72,249 Cr for Ather Energy (ATHERENERG). Over the past year Ather Energy has returned +158.0%, compared with +31.6% for Bharat Forge. Bharat Forge comes out ahead on valuation. Ather Energy comes out ahead on financial health, momentum and technicals. Across the scored metrics below, Bharat Forge leads on 1 and Ather Energy on 5. On StoxGud's 10-point checklist, Bharat Forge scores 3/10 and Ather Energy scores 5/10.
| Metric | Bharat Forge | Ather Energy |
|---|---|---|
| Size | ||
| Market cap | ₹85,036 Cr | ₹72,249 Cr |
| Revenue (latest FY) | ₹16,812 Cr | — |
| Net profit (latest FY) | ₹1,080 Cr | — |
| Valuation | ||
| P/E | 124.5 | — |
| P/B | 7.39 | 16.86 |
| Dividend yield | 0.45% | — |
| Profitability | ||
| Return on equity | 5.9% | — |
| Net profit margin | 3.7% | — |
| Operating margin | 16.3% | — |
| Growth | ||
| Revenue growth (YoY) | +20.8% | — |
| Net profit growth (YoY) | -7.8% | — |
| Revenue CAGR (multi-year) | +21.6% | — |
| Financial health | ||
| Debt to equity | 0.64 | 0.19 |
| Momentum | ||
| 1-month return | -5.5% | +25.2% |
| 1-year return | +31.6% | +158.0% |
| 3-year CAGR | +17.4% | — |
| 5-year CAGR | +16.4% | — |
| 10-year CAGR | +15.0% | — |
| Distance from 52W high | -23.2% | -1.0% |
| Technicals | ||
| RSI (14) | 38 | 75 |
| Price vs 200-day avg | -8.0% | +64.1% |
Highlighted cells lead on that metric. Market cap, revenue and RSI are shown for context and not scored.
10-point checklist side by side
| Check | Bharat Forge | Ather Energy |
|---|---|---|
| Price above 50-day average | ✗ | ✓ |
| Price above 200-day average | ✗ | ✓ |
| 50-day average above 200-day (uptrend) | ✗ | ✓ |
| RSI in healthy 40–70 zone | ✗ | ✗ |
| Positive 1-year return | ✓ | ✓ |
| Return on equity above 15% | ✗ | ✗ |
| Debt to equity below 1 | ✓ | ✓ |
| Revenue growing year on year | ✓ | ✗ |
| Net profit margin above 10% | ✗ | ✗ |
| P/E below industry median | ✗ | ✗ |
| Score | 3/10 | 5/10 |
A rules-based screen for education only — not a buy or sell recommendation.
FAQs
Which is bigger, Bharat Forge or Ather Energy?
Bharat Forge has a market cap of ₹85,036 Cr and Ather Energy has a market cap of ₹72,249 Cr as of 06 Nov 2026.
Which gave better returns in the last year, Bharat Forge or Ather Energy?
Ather Energy did better: Bharat Forge returned +31.6% and Ather Energy returned +158.0% over one year.
Is Bharat Forge or Ather Energy a better buy?
StoxGud does not give buy or sell recommendations. On our rules-based checklist Bharat Forge scores 3/10 and Ather Energy scores 5/10; compare valuation, profitability, growth and momentum above and consult a SEBI-registered adviser.