ALFA Finder| 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
- ₹1,881.70
- Market cap
- ₹74,682 Cr
- Revenue (annual)
- ₹3,672 Cr
- Net profit (annual)
- ₹-517.2 Cr
- P/E (TTM)
- -318.9×Sector 32.5×
- Promoter holding
- 42.33%+1.61% QoQ
- FII holding
- 15.08%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 Other Announcement
Ather Energy filed a monitoring agency report on issue proceeds for the quarter ended September 2026. Factory 3.0 production is now expected in December 2026.
Ather Energy Earnings Call Transcript: Key Takeaways
Ather achieved its first-ever positive EBITDA and PAT quarter despite severe commodity inflation, driven by aggressive premium-tier pricing and the Rizta launch.
Ather Energy Investor Presentation: Key Takeaways
Q2 FY27: revenue ₹1,464 Cr (+63% YoY), PAT ₹1.26 Cr vs ₹(154) Cr loss a year ago, EBITDA 4.9%, adjusted gross margin 24.0%.
Ather Energy Results Update
Ather Energy reported Q2 FY27 results with 62% YoY revenue growth, its second EBITDA-positive quarter. It will invest ₹122 Cr to add 2.25 lakh units of annual capacity.
- annual production capacity
- 225000 units
Ather Energy Capacity Expansion: ₹122 Cr Investment
Ather Energy's board approved ₹122 Crore CAPEX to expand EV two-wheeler capacity at Hosur and Factory 3.0. Annual production rises by 225,000 units across both plants.
- Value
- ₹122.0 Cr
- electric two-wheeler manufacturing capacity
- 225000 units per annum
Ather Energy Q2 FY27 Results: Turns Profitable, Net Profit ₹1.3 Cr
Ather Energy Ltd reported revenue from operations of ₹1,464 Cr (+62.9% YoY) and net profit of ₹1.3 Cr for Q2 FY27.
- Key figure
- Net profit ₹1.3 Cr