| Revenue growth | Wholesale volume grew 42% YoY to 93,000 units. |
|---|---|
| Margins | Gross margin at 24%, up 1.6% QoQ despite 9.4% commodity hit. |
| Demand visibility | Strong; inquiries up 109% and pre-orders up 108% YoY. |
| Management confidence | Extremely optimistic; focusing on capacity expansion and new product 'Rizta'. |
Growth
Registrations rose 60% YoY to 92,500 units; non-vehicle revenue surged to 15% of total sales.
Outlook
Raising annual capacity to 11.4 lakh units by Q2 FY28 to address unmet demand.
Risks
Commodity headwinds persist in copper and memory; demand-supply gap leaves 20,000 monthly retail units unaddressed.
Earnings Call Transcript 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 30.9×
- 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 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
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.