| Revenue growth | 66% YoY for FY26; 76% YoY for Q4 FY26. |
|---|---|
| Margins | Adj. Gross Margin at 24% (FY26); EBITDA margin improving. |
| Demand visibility | Strong, specifically in Middle India and with Rizta model. |
| Management confidence | High; citing breakthrough year and significant market share gains. |
Growth
FY26 units sold at 263k (+69% YoY). Total Income ₹3,823 Cr (+66% YoY). Q4 EBITDA margin improved 2080 bps YoY.
Outlook
Factory 3.0 at AURIC (10 lakh capacity) starts Q3 FY27. Targeting expansion via new EL-platform scooters.
Risks
Near-term headwinds from commodity price inflation (+41% aluminum, +103% precious metals) and supply chain volatility.
Earnings Call filed with BSE, NSE: ATHERENERG. Summary written with AI assistance from the document.
Ather Energy Ltd: key numbers
- Share price
- ₹1,455.00
- Market cap
- ₹57,722 Cr
- Revenue (annual)
- ₹3,672 Cr
- Net profit (annual)
- ₹-517.2 Cr
- P/E (TTM)
- -148.1×Sector 32.1×
- Promoter holding
- 39.58%-1.19% QoQ
- FII holding
- 16.77%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ather Energy Ltd
All →Ather Energy Merger & Restructuring Worth ₹2.02 Cr
Ather Energy Limited is incorporating a wholly-owned subsidiary, Ather Energy Hong Kong Limited, for Rs.2.02 Crore. The entity will support supply chain procurement in the APAC region.
- Value
- ₹2.02 Cr
Ather Energy Merger & Restructuring
Ather Energy Limited incorporated a new Wholly Owned Subsidiary, 'Ather Energy Hong Kong Limited', in Hong Kong to support its Asia-Pacific procurement functions.
Ather Energy Employee Stock Options
Ather Energy Limited approved the grant of 1,094 Employee Stock Options (ESOPs) to eligible employees under its 2025 ESOP Plan.
Ather Energy Employee Stock Options
Ather Energy allotted 4,84,551 equity shares to eligible employees under its ESOP 2025 Plan, thereby increasing the company's total paid-up share capital.
Ather Energy Product Launch
Ather Energy launched its new electric scooter, Konarc, featuring advanced features and a starting price of ₹99,999. Deliveries are scheduled to commence in mid-September.
Ather Energy Capital Structure Change
Ather Energy allotted 79,36,507 convertible warrants to Hero MotoCorp and promoters at ₹1,260 each, aggregating to ₹1,000 Crore in capital.
- Value
- ₹1,000 Cr