Ather Energy stock doubles as FY26 EV sales hit 2.63 lakh units, network expands to 700 centres
Ather Energy shares surged ~200% in a year on record FY26 performance: 2,62,942 EVs sold, total income up 66% to Rs 3,823 cr, and gross margin at 25%. Retail footprint doubled to 700 Experience Centres and 548 service centres with 6,000+ charging points. Brokerages eye Rs 1,150 target despite FAME subsidy expiry risks.
Ather Energy's stock surged ~200% in a year after record FY26 sales of 2.63 lakh EVs, revenue up 66% to Rs 3,823 cr, retail network doubling to 700 Experience Centres, with brokerages projecting further upside amid FAME subsidy expiry risks.
Why this matters
Extends Ather Energy's ~200% one-year run, building on record Q4FY26 sales of 83,418 units and prior FY26 revenue and network expansion signals.
Retail-company theme is accelerating, up +646200% QoQ.