Ather Energy stock doubles in a year on record FY26 EV sales and network expansion
Ather Energy shares rose nearly 200% over 12 months as FY26 sales hit 262,942 units (+69%) and revenue reached Rs 3,823 crore (+66%). Q4FY26 sales of 83,418 units (+76% YoY) and 25% adjusted gross margin narrowed EBITDA loss to Rs 30 crore. Retail footprint expanded to 700 Experience Centres and 548 service centres.
Ather Energy's stock surged ~200% in a year amid record FY26 sales of 262,942 EVs and revenue of Rs 3,823 crore. Its retail network nearly doubled to 700 Experience Centres, with analysts weighing further upside.
Why this matters
The rally follows CLSA's 'Outperform' initiation targeting Rs 1,450 and a board-cleared Rs 2,500 crore fundraise for Factory 3.0 and retail expansion, reinforcing Ather's growth momentum.
Retail-company signals are accelerating, up 567,300% QoQ.