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Earnings Call

Ather Energy Earnings Call: Key Takeaways

Ather Energy reported breakthrough FY26 performance with 66% YoY revenue growth and significant EBITDA margin improvement. Strategy focuses on network expansion, new 'EL' platform, and vertical integration at Factory 3.0.

Highlights
Revenue growth66% YoY for FY26.
MarginsEBITDA margin improved 1630 bps YoY to (6.7%) for FY26.
Demand visibility18.6% Q4 market share; #1 searched EV brand.
Management confidenceStrong outlook on mass premium market dominance and cost optimization.

Growth

FY26 Total Income grew 66% YoY to ₹3,823 Cr; Q4 wholesale volumes rose 76% YoY to 83k units.

Outlook

Factory 3.0 (10 lakh capacity) Phase-I commences Q3 FY27. Launching 'EL' platform to expand margins and TAM.

Risks

Commodity price inflation in aluminium (+41%) and precious metals (+103%); lithium-ion battery price volatility.

Source

Earnings Call filed with NSE, NSE: ATHERENERG. Summary written with AI assistance from the document.

Read the document ↗

Ather Energy Ltd: key numbers

Share price
₹1,497.00
Market cap
₹59,372 Cr
Revenue (annual)
₹3,672 Cr
Net profit (annual)
₹-517.2 Cr
P/E (TTM)
-152.3×Sector 33.6×
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.

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18:12 IST NSE
Merger & Restructuring

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
18:04 IST NSE
Merger & Restructuring

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.

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Ather Energy Employee Stock Options

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