---
title: "Amara Raja Energy & Mobility (ARE&M) Share Price, Financials & Research"
symbol: "ARE&M"
company: "Amara Raja Energy & Mobility Ltd"
canonical: "https://tapetide.com/stocks/ARE&M"
isin: "INE885A01032"
nse_symbol: "ARE&M"
bse_code: "500008"
sector: "Automobiles"
industry: "Auto Components"
generated_at: "2026-11-05T01:34:37.527Z"
---

# Amara Raja Energy & Mobility (ARE&M)

Canonical page: https://tapetide.com/stocks/ARE&M

## Key Facts

- **Price:** ₹729.10 as of 4 Nov 2026, 15:58 IST
- **P/E (TTM):** 13.63 as of 4 Nov 2026
- **1-year price change:** -26.36% from 4 Nov 2025 to 4 Nov 2026, adjusted for splits and bonuses, dividends excluded
- **Revenue, Sep 2026 quarter:** ₹3,843.3 Cr, against ₹3,388.2 Cr in Sep 2025 (+13.43% year on year)
- **Net profit, Sep 2026 quarter:** ₹188.3 Cr, against ₹302.4 Cr in Sep 2025 (-37.73% year on year)
- **Promoter holding:** 32.86% in Sep 2026, unchanged from Jun 2026
- **Tapetide Score:** 57/100, Good band as of 4 Nov 2026

## Company

- **NSE symbol:** ARE&M
- **BSE code:** 500008
- **ISIN:** INE885A01032
- **Macro sector:** Consumer Discretionary
- **Sector:** Automobiles
- **Industry:** Auto Components
- **Basic industry:** Auto Components & Equipments
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹729.10
- **Change:** No trade today
- **Previous Close:** ₹729.10
- **As of:** 4 Nov 2026, 15:58 IST

## Key Fundamentals

Price-based figures as of 4 Nov 2026, 15:58 IST · EPS basis: Standalone · TTM.

- **ROCE:** 13.40%
- **Debt to Equity:** 0.05
- **EPS (TTM):** ₹53.50
- **Book Value:** ₹455.96
- **P/E (TTM):** 13.63
- **P/B:** 1.60
- **ROE:** 8.26%
- **Dividend Yield:** 0.62%
- **EBITDA:** ₹1,603 Cr
- **52W High:** ₹1,017.30
- **52W Low:** ₹670.00

## Peer Comparison

Classification: Consumer Discretionary › Automobiles › Auto Components › Auto Components & Equipments

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [Samvardhana Motherson International Ltd (MOTHERSON)](https://tapetide.com/stocks/MOTHERSON) | ₹159.49 | 38.43 | ₹1,68,660 Cr | 3.98 | 0.37% | 11.20% | 13.40% | ₹1,31,135 Cr | ₹4,556 Cr |
| [Bosch Ltd (BOSCHLTD)](https://tapetide.com/stocks/BOSCHLTD) | ₹50,925.00 | 63.56 | ₹1,48,351 Cr | 10.11 | 0.54% | 14.60% | 21.50% | ₹21,088 Cr | ₹2,363 Cr |
| [Bharat Forge Ltd (BHARATFORG)](https://tapetide.com/stocks/BHARATFORG) | ₹1,812.80 | 122.74 | ₹86,739 Cr | 7.65 | 0.48% | 12.00% | 12.60% | ₹17,543 Cr | ₹715 Cr |
| [Uno Minda Ltd (UNOMINDA)](https://tapetide.com/stocks/UNOMINDA) | ₹1,196.90 | 57.49 | ₹67,494 Cr | 10.13 | 0.24% | 19.30% | 19.60% | ₹20,725 Cr | ₹1,291 Cr |
| [Sona BLW Precision Forgings Ltd (SONACOMS)](https://tapetide.com/stocks/SONACOMS) | ₹893.70 | 74.48 | ₹56,293 Cr | 8.70 | 0.38% | 11.70% | 15.10% | ₹4,514 Cr | ₹746 Cr |
| [Schaeffler India Ltd (SCHAEFFLER)](https://tapetide.com/stocks/SCHAEFFLER) | ₹3,507.20 | 42.47 | ₹55,555 Cr | 8.92 | 0.99% | 20.80% | 27.90% | ₹10,192 Cr | ₹1,292 Cr |
| [Tube Investments of India Ltd (TIINDIA)](https://tapetide.com/stocks/TIINDIA) | ₹2,250.50 | 71.81 | ₹42,644 Cr | 5.62 | 0.16% | 9.95% | 17.10% | ₹23,754 Cr | ₹1,109 Cr |
| [Amara Raja Energy & Mobility Ltd (ARE&M)](https://tapetide.com/stocks/ARE&M) (this company) | ₹729.10 | 13.63 | ₹13,622 Cr | 1.60 | 0.62% | 8.26% | 13.40% | ₹14,240 Cr | ₹979 Cr |
| Median of 8 companies | ₹1,504.85 | 60.53 | ₹61,893 Cr | 8.18 | 0.43% | 11.85% | 16.10% | ₹19,134 Cr | ₹1,200 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

## Tapetide Score

Data-driven rating, 0–100, as of 4 Nov 2026.

- **Score:** 57/100 (Good)
- **Data confidence:** 100/100

### Category scores

| Category | Score | Band | Weight | Measures |
| --- | ---: | --- | ---: | --- |
| Quality | 51 | Average | 22% | Returns, margins, earnings quality |
| Valuation | 86 | Strong | 24% | Cheap vs sector & own history |
| Growth | 47 | Average | 9% | Sales & profit trajectory |
| Financial Health | 73 | Strong | 9% | Solvency, leverage, coverage |
| Momentum | 17 | Poor | 12% | Trend strength, vol-adjusted |
| Ownership | 44 | Weak | 24% | FII/DII/promoter flows |

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 20.0%

### Weaknesses

- Company has a low return on equity of 11.1% over last 3 years.

## Technical Indicators

As of 4 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bearish | 8 | 5 | 6 |
| Oscillators | Neutral | 2 | 5 | 2 |
| Moving Averages | Strong Bearish | 6 | 0 | 4 |

### Oscillators: Neutral

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 48.27 | Neutral |
| MACD (12,26,9) | -21.01 | Bullish |
| Stochastic (14,3,3) | 46.76 | Neutral |
| ADX (14) | 41.31 | Bullish |
| Williams %R (14) | -28.38 | Neutral |
| ATR (14) | 22.63 | Neutral |
| ROC (12) | -1.87 | Bearish |
| Stoch RSI (14) | 100.00 | Bearish |
| UO (7,14,28) | 52.73 | Neutral |

### Moving Averages: Strong Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 702.92 | Bullish |
| EMA (10) | 710.20 | Bullish |
| SMA (20) | 717.16 | Bullish |
| EMA (20) | 722.81 | Bullish |
| SMA (50) | 783.06 | Bearish |
| EMA (50) | 769.03 | Bearish |
| SMA (100) | 835.62 | Bearish |
| EMA (100) | 806.77 | Bearish |
| SMA (200) | 830.99 | Bearish |
| EMA (200) | 842.81 | Bearish |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 801.20 | 774.40 | 742.70 |
| R2 | 774.40 | 755.51 | 738.17 |
| R1 | 751.75 | 743.84 | 733.63 |
| PP | 724.95 | 724.95 | 724.95 |
| S1 | 702.30 | 706.06 | 724.57 |
| S2 | 675.50 | 694.39 | 720.03 |
| S3 | 652.85 | 675.50 | 715.50 |

## Analyst Rating

Based on 14 analysts. 5 of 14 analysts rate Buy, 6 Hold, 3 Sell. As of 4 Nov 2026.

| Rating | Analysts | Share |
| --- | ---: | ---: |
| Buy | 5 | 36% |
| Hold | 6 | 43% |
| Sell | 3 | 21% |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 10Y | 11.36% | compounded annual rate, Mar 2016 to Mar 2026 |
| Revenue | 5Y | 13.64% | compounded annual rate, Mar 2021 to Mar 2026 |
| Revenue | 3Y | 9.25% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | 9.22% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Revenue | TTM | 12.8% | four quarters to Jun 2026 vs the four to Jun 2025 |
| Net profit | 10Y | 7.02% | compounded annual rate, Mar 2016 to Mar 2026 |
| Net profit | 5Y | 8.44% | compounded annual rate, Mar 2021 to Mar 2026 |
| Net profit | 3Y | 9.89% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 0.62% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | TTM | 7.11% | four quarters to Jun 2026 vs the four to Jun 2025 |
| Operating cash flow | 10Y | 9.21% | compounded annual rate, Mar 2016 to Mar 2026 |
| Operating cash flow | 5Y | 10.81% | compounded annual rate, Mar 2021 to Mar 2026 |
| Operating cash flow | 3Y | 11.91% | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating cash flow | 1Y | -2.55% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | TTM | — | four quarters to Jun 2026 vs the four to Jun 2025. Reported once a year, so there is no trailing-twelve-month figure. |
| Operating margin | 10Y | -6.41 pp | compounded annual rate, Mar 2016 to Mar 2026 |
| Operating margin | 5Y | -4.17 pp | compounded annual rate, Mar 2021 to Mar 2026 |
| Operating margin | 3Y | -2.51 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | -1.72 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating margin | TTM | -1.58 pp | four quarters to Jun 2026 vs the four to Jun 2025 |

## Analyst Forecasts

Consensus of analyst estimates, as of 4 Nov 2026. Low and High are the range of the estimates, not a confidence interval.

### EBITDA (quarterly)

Dec 2026 consensus: ₹439 Cr (+14.2% vs ₹384 Cr in Sep 2026).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| Dec 2026 | ₹439 Cr | ₹413 Cr | ₹465 Cr |
| Mar 2027 | ₹472 Cr | ₹451 Cr | ₹493 Cr |

### EPS (quarterly)

Dec 2026 consensus: ₹12.70 (+52.5% vs ₹8.33 in Sep 2026).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| Dec 2026 | ₹12.70 | ₹12.70 | ₹12.70 |
| Mar 2027 | ₹13.90 | ₹13.90 | ₹13.90 |

### Net Income (quarterly)

Dec 2026 consensus: ₹217 Cr (+42.1% vs ₹153 Cr in Sep 2026).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| Dec 2026 | ₹217 Cr | ₹201 Cr | ₹232 Cr |
| Mar 2027 | ₹241 Cr | ₹228 Cr | ₹253 Cr |

### Price (quarterly)

Mar 2027 consensus: ₹999.97 (+32.5% vs ₹754.55 in Sep 2026).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| Mar 2027 | ₹999.97 | ₹825.00 | ₹1,195.00 |

### Revenue (quarterly)

Dec 2026 consensus: ₹3,785 Cr (-8.4% vs ₹4,131 Cr in Sep 2026).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| Dec 2026 | ₹3,785 Cr | ₹3,750 Cr | ₹3,820 Cr |
| Mar 2027 | ₹3,838 Cr | ₹3,807 Cr | ₹3,870 Cr |

### ROA (annual)

FY27 consensus: 7.2% (-3.1 pp vs 10.3% in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | 7.2% | 7.2% | 7.2% |
| FY28 | 7.3% | 7.3% | 7.3% |

### ROE (annual)

FY27 consensus: 10.1% (-1.0 pp vs 11.1% in FY26).

| Period | Mean | Low | High |
| --- | ---: | ---: | ---: |
| FY27 | 10.1% | 8.0% | 11.2% |
| FY28 | 11.2% | 10.7% | 12.8% |

## AI Analysis — Bull vs Bear

AI-generated opinion, based on fundamentals. Figures as of 4 Nov 2026. Not investment advice, and not a recommendation to buy, sell or hold. Statements that rate the stock or set a price target are left out of this copy.

- **Risk (AI assessment):** Medium

Amara Raja Energy & Mobility trades at ₹729.1 as of 2026-11-04 with a market cap of ₹13,622 Cr, a P/E of 13.63x and a near-debt-free balance sheet (D/E of 0.05). The company has delivered 11% compounded sales growth over 10 years but profit growth has been weak at 3% over the same period, and the stock is down 25% over the past year from its 52-week high of ₹1,017.3.

### Bull Case

- Virtually debt-free with a debt-to-equity ratio of just 0.05, providing significant financial flexibility for future investments and resilience during downturns.
- Consistent revenue expansion with 10-year compounded sales growth of 11% and TTM sales growth of 13%, indicating sustained demand for its products.
- Healthy dividend payout ratio of 20.0%, reflecting a disciplined capital allocation policy and commitment to returning cash to shareholders.
- ROCE of 14.39% indicates the company is generating reasonable returns on total capital employed, above typical cost-of-capital thresholds.
- Trading at ₹729.1 versus a 52-week high of ₹1,017.3 — a roughly 28% correction — which has compressed valuation multiples for potential mean-reversion.
- 3-year and 5-year compounded sales growth of 9% and 14% respectively demonstrate an acceleration in top-line momentum in recent years.

### Bear Case

- 10-year compounded profit growth of just 3% against 11% sales growth signals persistent margin compression and an inability to convert revenue into bottom-line gains.
- TTM profit growth is -6%, and 3-year compounded profit growth is also -6%, showing an active earnings decline in recent periods.
- Return on equity has deteriorated from a 10-year average of 14% to 11% over 3 years and just 8% in the last year, reflecting weakening capital efficiency.
- The stock has delivered a -25% return over the past 1 year and a -3% CAGR over 10 years, meaning long-term shareholders have seen capital erosion.
- Current ROE of 11.06% is below what many investors consider adequate compensation for equity risk in an industrial business.
- Dividend yield of only 0.62% provides minimal income cushion for shareholders amid a declining share price.
- 5-year stock CAGR of 0% and 5-year compounded profit growth of 0% indicate a prolonged period of stagnation for both earnings and share price.
- The energy and mobility transition poses structural risk as the shift toward lithium-ion and newer chemistries could pressure the company's legacy lead-acid battery franchise, as evidenced by the widening gap between sales growth and profit growth.

This is AI-generated analysis, not financial advice. Do your own due diligence.

## AI News Digest

AI-generated summary of recent news, generated 4 Nov 2026. Not investment advice, and not a recommendation to buy, sell or hold. Statements that rate the stock or set a price target are left out of this copy.

**TL;DR:** Limited news flow for ARE&M this period, with the only development being the creation of a new service-focused subsidiary. The ₹100 crore Amaron Assist venture signals a strategic push into downstream automotive services and aftermarket presence. No material headwinds or strong catalysts emerged, so the near-term outlook hinges on broader sector dynamics and execution of this new vertical.

### Neutral

- **New Amaron Assist subsidiary** (Nov 02): ARE&M incorporated wholly owned subsidiary Amaron Assist Private Limited in Telangana with an approved initial investment of up to ₹100 crore via equity or debt. The new entity will focus on automotive maintenance, battery services, and vehicle care, with incorporation expected within two months.

## Financial Statements

### Quarterly Results

Figures in ₹ crore unless the row name gives another unit.

| Item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 2,771 | 2,811 | 2,881 | 2,797 | 3,131 | 3,136 | 3,164 | 2,974 | 3,350 | 3,388 | 3,351 | 3,460 | 4,041 | 3,843 |
| Expenses | 2,402 | 2,401 | 2,447 | 2,389 | 2,701 | 2,695 | 2,748 | 2,632 | 2,963 | 2,982 | 2,976 | 3,083 | 3,634 | 3,457 |
| Operating Profit | 369 | 410 | 435 | 408 | 430 | 441 | 416 | 342 | 387 | 406 | 374 | 377 | 407 | 386 |
| OPM % | 13% | 15% | 15% | 15% | 14% | 14% | 13% | 12% | 12% | 12% | 11% | 11% | 10% | 10% |
| Other Income | 22 | 28 | 24 | 28 | 26 | 18 | 140 | 20 | 14 | 146 | -17 | 209 | 16 | 18 |
| Interest | 8 | 6.22 | 8 | 10 | 9 | 13 | 11 | 9 | 10 | 8 | 9 | 13 | 11 | 13 |
| Depreciation | 117 | 121 | 120 | 121 | 118 | 122 | 123 | 128 | 129 | 138 | 141 | 140 | 140 | 140 |
| Profit before tax | 266 | 309 | 331 | 305 | 329 | 324 | 422 | 224 | 261 | 406 | 207 | 433 | 272 | 251 |
| Tax % | 25% | 27% | 24% | 25% | 26% | 26% | 26% | 26% | 26% | 25% | 27% | 26% | 26% | 25% |
| Net Profit | 199 | 226 | 253 | 228 | 245 | 241 | 312 | 167 | 194 | 302 | 152 | 322 | 203 | 188 |
| EPS in Rs | 11.63 | 13.25 | 14.8 | 12.46 | 13.36 | 13.15 | 17.04 | 9.11 | 10.6 | 16.52 | 8.29 | 17.61 | 11.08 | — |

Sep 2026: from the results filed on 2 Nov 2026, ahead of the full statement, so some rows are blank.

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 4,211 | 4,618 | 5,317 | 6,059 | 6,793 | 6,839 | 7,150 | 8,696 | 10,390 | 11,260 | 12,405 | 13,549 | 14,240 |
| Expenses | 3,507 | 3,793 | 4,465 | 5,174 | 5,838 | 5,741 | 6,033 | 7,666 | 8,939 | 9,635 | 10,771 | 11,998 | 12,675 |
| Operating Profit | 704 | 825 | 853 | 885 | 955 | 1,099 | 1,117 | 1,030 | 1,450 | 1,625 | 1,634 | 1,551 | 1,565 |
| OPM % | 17% | 18% | 16% | 15% | 14% | 16% | 16% | 12% | 14% | 14% | 13% | 11% | 11% |
| Other Income | 41 | 44 | 47 | 65 | 43 | 55 | 86 | 71 | 27 | 98 | 199 | 344 | 353 |
| Interest | 0 | 6 | 6 | 5 | 7 | 12 | 11 | 15 | 30 | 33 | 42 | 41 | 41 |
| Depreciation | 134 | 141 | 191 | 230 | 261 | 301 | 319 | 396 | 450 | 479 | 492 | 548 | 559 |
| Profit before tax | 610 | 723 | 702 | 714 | 730 | 841 | 873 | 690 | 997 | 1,211 | 1,299 | 1,307 | 1,318 |
| Tax % | 33% | 32% | 32% | 34% | 34% | 21% | 26% | 26% | 27% | 25% | 26% | 26% | — |
| Net Profit | 411 | 492 | 478 | 471 | 483 | 661 | 647 | 511 | 731 | 906 | 964 | 970 | 979 |
| EPS in Rs | 24.05 | 28.78 | 28.01 | 27.59 | 28.31 | 38.69 | 37.87 | 29.93 | 42.78 | 49.49 | 52.66 | 53.02 | 53.5 |
| Dividend Payout % | 15% | 15% | 15% | 15% | 25% | 28% | 29% | 15% | 14% | 20% | 20% | 20% | — |

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 |
| Reserves | 1,682 | 2,099 | 2,576 | 2,920 | 3,318 | 3,639 | 4,193 | 4,534 | 5,989 | 6,750 | 7,360 | 8,142 |
| Borrowings | 76 | 74 | 72 | 64 | 58 | 84 | 92 | 126 | 201 | 153 | 258 | 373 |
| Other Liabilities | 611 | 761 | 919 | 1,168 | 1,102 | 1,261 | 1,494 | 1,699 | 1,730 | 1,913 | 2,356 | 2,592 |
| Total Liabilities | 2,386 | 2,951 | 3,585 | 4,169 | 4,496 | 5,001 | 5,797 | 6,376 | 7,937 | 8,834 | 9,993 | 11,125 |
| Fixed Assets | 944 | 1,352 | 1,492 | 1,703 | 1,813 | 1,829 | 2,455 | 2,492 | 3,688 | 3,550 | 3,475 | 3,929 |
| CWIP | 86 | 123 | 240 | 226 | 315 | 827 | 399 | 830 | 234 | 322 | 844 | 588 |
| Investments | 16 | 20 | 147 | 35 | 20 | 156 | 281 | 78 | 486 | 1,479 | 1,998 | 2,585 |
| Other Assets | 1,340 | 1,456 | 1,706 | 2,204 | 2,348 | 2,188 | 2,662 | 2,976 | 3,529 | 3,483 | 3,676 | 4,023 |
| Total Assets | 2,386 | 2,951 | 3,585 | 4,169 | 4,496 | 5,001 | 5,797 | 6,376 | 7,937 | 8,834 | 9,993 | 11,125 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 395 | 555 | 553 | 322 | 541 | 1,177 | 802 | 633 | 956 | 1,314 | 1,375 | 1,340 |
| Cash from Investing Activity | -294 | -387 | -529 | -236 | -448 | -831 | -616 | -482 | -789 | -1,072 | -1,155 | -1,265 |
| Cash from Financing Activity | -75 | -164 | -2 | -138 | -92 | -364 | -122 | -213 | -112 | -242 | -157 | -126 |
| Net Cash Flow | 26 | 4 | 22 | -52 | 1 | -18 | 64 | -62 | 55 | 0 | 64 | -51 |
| Free Cash Flow | -11 | 64 | 122 | -64 | 13 | 477 | 306 | -127 | 492 | 874 | 631 | 588 |
| CFO/EBITDA | 83 | 94 | 89 | 64 | 82 | 129 | 90 | 81 | 84 | 101 | 104 | 106 |

### Ratios

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 48 | 47 | 39 | 47 | 41 | 34 | 40 | 33 | 27 | 33 | 34 | 31 |
| Inventory Days | 55 | 75 | 85 | 93 | 83 | 94 | 111 | 108 | 87 | 88 | 88 | 89 |
| Days Payable | 34 | 44 | 44 | 53 | 40 | 50 | 57 | 48 | 39 | 41 | 45 | 47 |
| Cash Conversion Cycle | 69 | 78 | 81 | 88 | 85 | 77 | 93 | 93 | 76 | 80 | 77 | 74 |
| Working Capital Days | 45 | 49 | 48 | 62 | 66 | 48 | 53 | 51 | 60 | 49 | 34 | 34 |
| ROCE % | 38% | 36% | 29% | 25% | 23% | 23% | 22% | 16% | 20% | 19% | 17% | 13% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Promoters | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 28.06% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% | 32.86% |
| FIIs | 21.34% | 22.10% | 20.82% | 19.80% | 18.10% | 18.34% | 18.47% | 35.48% | 36.19% | 35.22% | 24.64% | 24.00% | 24.45% | 23.84% | 22.34% | 21.82% | 20.70% | 19.39% | 17.97% | 17.37% | 17.31% | 17.34% | 17.24% |
| DIIs | 12.64% | 15.24% | 14.52% | 11.68% | 11.38% | 10.82% | 10.02% | 9.25% | 9.21% | 10.47% | 16.81% | 17.92% | 15.35% | 14.55% | 15.36% | 14.81% | 14.58% | 14.00% | 16.23% | 17.13% | 16.95% | 15.30% | 14.93% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 8.61% | 34.60% | 36.59% | 40.46% | 21.91% | 42.77% | 43.45% | 27.20% | 26.54% | 26.25% | 24.28% | 23.38% | 21.33% | 22.57% | 23.50% | 24.78% | 25.98% | 27.79% | 27.20% | 27.02% | 27.30% | 28.96% | 29.22% |
| Others | 29.45% | n/m | n/m | n/m | 20.63% | n/m | n/m | n/m | n/m | n/m | 6.21% | 7.06% | 6.00% | 6.17% | 5.94% | 5.73% | 5.87% | 5.96% | 5.74% | 5.62% | 5.58% | 5.54% | 5.75% |
| No. of Shareholders | 1,49,574 | 3,25,733 | 3,89,322 | 4,74,662 | 5,42,133 | 5,49,006 | 5,48,433 | 4,79,962 | 4,71,435 | 4,64,529 | 5,60,987 | 5,52,894 | 5,63,871 | 6,62,428 | 7,34,151 | 8,07,657 | 8,62,059 | 8,71,584 | 8,49,222 | 8,20,460 | 8,09,144 | 8,18,619 | 8,01,816 |

n/m: Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

## Documents

### Concalls

Latest 12 of 23.

| Month | Call documents |
| --- | --- |
| Aug 2026 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8be318e5-09e3-453f-a6ba-c07ea10ca97d.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f2b0b99-9038-4bfd-a1f1-5d9b9834c96b.pdf), [Recording](https://amararajaeandm.com/audio/1QFY27%20Earnings%20Call%20Recording.mp3) |
| Jun 2026 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=210c7ac8-954e-4c12-ab6a-709498c9815f.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f947eb6b-9af6-4709-b89b-579298a20c8d.pdf), [Recording](https://www.amararajaeandm.com/audio/4QFY26%20Earnings%20Call%20Recording.mp3) |
| May 2026 | [Call](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f947eb6b-9af6-4709-b89b-579298a20c8d.pdf), [PPT](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f947eb6b-9af6-4709-b89b-579298a20c8d.pdf), [Recording](https://www.amararajaeandm.com/audio/4QFY26%20Earnings%20Call%20Recording.mp3) |
| Feb 2026 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=18c9d831-675a-4a72-8c36-2284049fb009.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0c9eb6e3-139c-40ba-b281-83fcb3241999.pdf), [Recording](https://www.amararajaeandm.com/audio/Q3FY26EarningsCall.mp3) |
| Nov 2025 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f4a79792-6652-4bc4-b57c-cae12f25d283.pdf), [Recording](https://youtu.be/78bgouZ3shU) |
| Nov 2025 | [Transcript](https://www.amararajaeandm.com/pdf/credit-ratings/Reg30earningscalltranscript.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=58fb0c8a-fcfa-4ebf-bb58-f4c30ae8ffa0.pdf) |
| Aug 2025 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=31e95453-95d1-42e7-ae42-bdf8e5efdee7.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=56b3ec60-a595-475a-80ad-85edb032406f.pdf), [Recording](https://youtu.be/gAYBxP-RqU8) |
| Jun 2025 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59a739eb-fc79-44fd-8ca9-71fe6dd6ef87.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=316a235c-fe75-495a-84db-aa621f86ce1d.pdf) |
| Feb 2025 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=94c88c81-cba9-4c51-a4ad-0d6c54b4a1c9.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e8d21e40-35de-4d04-9a43-dcfbbc497ab8.pdf) |
| Nov 2024 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=0f0a78b8-3c57-48f9-a387-d93c81415389.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17529d80-ffb2-4e03-84ea-ba1bbb7019ee.pdf), [Recording](https://www.amararajaeandm.com/audio/Audio_recording_Q2_FY25.mp3) |
| Aug 2024 | [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36dd6546-c5de-454d-afad-58e1c5e7068e.pdf) |
| Aug 2024 | [Transcript](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3759c245-5aba-4ef3-9762-fcaed8e303e2.pdf), [PPT](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d97b70cd-cee0-4e6c-afd4-86b1f02c274a.pdf), [Recording](https://youtu.be/oQx2-Oy205M?si=yj5-sOOk_-qzb5it) |

### Results

Latest 12 of 29.

| Date | Document |
| --- | --- |
| 2 Nov 2026 | [Unaudited Financial Results For Q2 & H1 FY27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=69edc237-c16c-40dd-a8da-7ea26d632351.pdf) |
| 10 Aug 2026 | [Financial Results For Q1 FY27](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f00555ea-3463-4268-bd84-7fef29367325.pdf) |
| 25 May 2026 | [Financial Results FY26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5110902d-7e54-4573-b22f-94eee550776c.pdf) |
| 11 Feb 2026 | [Outcome Of Board Meeting - Q3 9M FY26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3f8525f9-2a88-478d-9ead-dc1054527716.pdf) |
| 6 Nov 2025 | [Outcome Of Board Meeting - Unaudited Financial Results Q2 And H1 FY26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=202bf89e-6035-46c6-9db4-3a3c0f70fc04.pdf) |
| 14 Aug 2025 | [Unaudited Financial Results - Q1 FY26](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=405c8b71-0df5-4846-bcdd-c0af3e846807.pdf) |
| 29 May 2025 | [Audited Financial Results For Q4 FY25](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34db7732-365f-406f-b39f-56141daf826d.pdf) |
| 8 Feb 2025 | [Quarter And Nine Months Ended December 31 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2e9a21b-ac90-4286-98cf-bcf274d30f27.pdf) |
| 4 Nov 2024 | [Quarter And Half Year Ended September 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=404ae100-6f0b-43fc-bfa9-1f2ead02114a.pdf) |
| 3 Aug 2024 | [Unaudited Financial Results (Standalone & Consolidated) For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d1d9e626-172a-4c9b-98b9-dc1fe1646470.pdf) |
| 28 May 2024 | [Financial Results For The Quarter And Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c3c0447b-11b0-46f6-8f88-916e5621d135.pdf) |
| 31 Jan 2024 | [Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=30c76096-855e-441f-b12f-526707ff4a83.pdf) |

### Annual reports

Latest 12 of 16.

| Year | Report |
| --- | --- |
| FY2026 | [Annual report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3e85cf0-eeae-4fc2-85b1-4dcd45d4d8e1.pdf) |
| FY2025 | [Annual report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6c42dcc5-8bcf-4ef6-949e-f85165681024.pdf) |
| FY2024 | [Annual report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9699fb36-ece9-44dc-a336-9405c3af0875.pdf) |
| FY2023 | [Annual report](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=89384598-d717-4b42-ba46-a9b260ad2434.pdf) |
| FY2022 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/73685500008.pdf) |
| FY2021 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/69023500008.pdf) |
| FY2020 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/5000080320.pdf) |
| FY2019 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/5000080319.pdf) |
| FY2018 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/5000080318.pdf) |
| FY2017 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/5000080317.pdf) |
| FY2016 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/5000080316.pdf) |
| FY2015 | [Annual report](https://www.bseindia.com/bseplus/AnnualReport/500008/5000080315.pdf) |

### Credit ratings

| Date | Document |
| --- | --- |
| 30 Mar 2026 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaEnergyAndMobilityLimited_March%2030_%202026_RR_392344.html) |
| 30 Dec 2024 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaEnergyAndMobilityLimited_December%2030_%202024_RR_360250.html) |
| 3 Nov 2023 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaEnergyAndMobilityLimited_November%2003,%202023_RR_326514.html) |
| 31 May 2023 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaBatteriesLimited_May%2031,%202023_RR_320397.html) |
| 9 Feb 2023 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaBatteriesLimited_February%2009,%202023_RR_311783.html) |
| 1 Jul 2022 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaBatteriesLimited_July%2001,%202022_RR_294516.html) |
| 7 May 2021 | [Credit rating update — CRISIL](https://www.crisil.com/mnt/winshare/Ratings/RatingList/RatingDocs/AmaraRajaBatteriesLimited_May%2007,%202021_RR_270715.html) |

### Exchange filings

Latest 12 of 100.

| Date | Document | Category |
| --- | --- | --- |
| 3 Nov 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=247ef2fd-3acd-42c3-9f3f-83695e504696.pdf) | General announcements |
| 3 Nov 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22b4b739-3b40-462f-af6d-bfcbbb8921be.pdf) | — |
| 2 Nov 2026 | [Board Meeting Outcome for Outcome Of Board Meeting - Q2 / H1 - FY27 Financial Results And Interim Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=61edd4ed-2033-4a0d-926c-1957c264881e.pdf) | Outcome |
| 2 Nov 2026 | [Corporate Action-Board approves Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=3de89b23-4eb4-4322-969a-74632644772a.pdf) | Outcome |
| 2 Nov 2026 | [Intimation - Record Date For Interim Dividend](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=5f9f0ce8-1dc7-4d2c-9d22-6b1a8e39d8b5.pdf) | Intimation |
| 2 Nov 2026 | [Announcement under Regulation 30 (LODR)-Acquisition](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e83fe726-aabe-47df-8a90-d677b46d3107.pdf) | General announcements |
| 2 Nov 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=08992ff3-a06f-4793-b41d-fd1fdf7eaf8d.pdf) | General announcements |
| 2 Nov 2026 | [Announcement under Regulation 30 (LODR)-Investor Presentation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9728b2c9-756b-4228-8683-d6bf052fcd66.pdf) | — |
| 26 Oct 2026 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=50547e27-0da1-483c-a2f1-064ed1d46960.pdf) | General announcements |
| 7 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=dadc5755-df8b-43a9-9e15-cbe203acbc6d.pdf) | General announcements |
| 29 Sep 2026 | [Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=db5d68b1-b4f5-44c5-8f23-de9539710b25.pdf) | General announcements |
| 25 Sep 2026 | [Board Meeting Intimation for Unaudited Financial Results For Q2FY27 And Interim Dividend If Any.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f8116e1d-49bb-46c3-b632-fbf46e6e9650.pdf) | Intimation |

## Frequently Asked Questions about Amara Raja Energy & Mobility

### What does Amara Raja Energy & Mobility Ltd do?

Amara Raja Batteries Limited (ARBL), the flagship company of the Amara Raja Group, is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. ARBL has prestigious OEMs as its clients.

### Where is Amara Raja Energy & Mobility Ltd (ARE&M) listed?

Amara Raja Energy & Mobility Ltd trades as ARE&M on the NSE and under code 500008 on the BSE.

### Which sector does Amara Raja Energy & Mobility Ltd belong to?

Amara Raja Energy & Mobility Ltd is classified under the Automobiles sector, in the Auto Components industry.

### What is the PE ratio of Amara Raja Energy & Mobility Ltd?

Amara Raja Energy & Mobility Ltd trades at a PE ratio of 13.63 as of 4 Nov 2026, on earnings per share of ₹53.5, against a book value of ₹455.96 per share.

### What is the 52-week high and low of Amara Raja Energy & Mobility Ltd?

Over the last 52 weeks Amara Raja Energy & Mobility Ltd has traded between ₹670 and ₹1,017.3 as of 4 Nov 2026.

### Does Amara Raja Energy & Mobility Ltd pay dividends?

Amara Raja Energy & Mobility Ltd has a dividend yield of 0.62%.

### What is the Return on Equity (ROE) of Amara Raja Energy & Mobility Ltd?

Amara Raja Energy & Mobility Ltd reported a return on equity of 8.26%. Its debt-to-equity ratio is 0.05.

## Company Information

Amara Raja Batteries Limited (ARBL), the flagship company of the Amara Raja Group, is the technology leader and is one of the largest manufacturers of lead-acid batteries for both industrial and automotive applications in the Indian storage battery industry. ARBL has prestigious OEMs as its clients. The Company's Industrial and Automotive batteries are exported to over 50 countries across the globe. In India, Amara Raja is the preferred supplier to major telecom service providers, Telecom equipment manufacturers, UPS sector (OEM & Replacement), Indian Railways and to Power, Oil & Gas among other industry segments. Termination of Shareholders Agreement (tie up) with Johnson Control

- **Website:** https://amararajabatteries.com/
- **CEO:** Mr. Jayadev Galla
- **Employees:** 10,196
- **Listed:** 5 Sep 2003
- **Face Value:** ₹1

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 5 Nov 2026, 07:04 IST.