| Revenue growth | Revenue +63% YoY to ₹1,464 Cr |
|---|---|
| Margins | Adj GM 24.0%, +160bps YoY but below 25.4% in Q4 FY26 |
| Order book | Pre-orders 60k monthly average, up 108% YoY |
| Demand visibility | Enquiries 334k/month; pre-orders 60k/month vs 33k production |
Growth
Units 93k (+42% YoY), total income ₹1,527 Cr (+62%), registrations +60%, record E2W penetration 11.6%.
Outlook
1.14Mn+ capacity by Q2 FY28; Factory 3.0 on track for Q3 FY27; ₹58 Cr Hosur and ₹64 Cr Auric extra investment.
Risks
Commodity inflation cut 9.4pp from gross margin; aluminium +35%, copper +58%, plastics +25% since Q2'26.
Investor Presentation filed with NSE, NSE: ATHERENERG. Summary written with AI assistance from the document.
Ather Energy Ltd: key numbers
- Share price
- ₹1,650.00
- Market cap
- ₹65,486 Cr
- Revenue (annual)
- ₹3,672 Cr
- Net profit (annual)
- ₹-517.2 Cr
- P/E (TTM)
- -279.6×Sector 31.4×
- 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 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
Ather Energy Employee Stock Options
Ather Energy allotted 1,68,340 equity shares to ESOP holders under its ESOP 2025 Plan. Paid-up capital rises to 39,68,86,441 shares of INR 1 each.