Ather Energy stock doubles on record FY26 sales, wider margins and expanded retail network

Ather Energy's shares surged nearly 200% in a year after selling 2,62,942 EVs in FY26 and posting Rs 3,823 crore total income. Q4FY26 revenue hit Rs 1,214 crore with 25% adjusted gross margin and a narrowed EBITDA loss of Rs 30 crore. Retail footprint doubled to 700 Experience Centres, 548 service centres and 6,000 charging points, with a new Maharashtra plant planned.

— Filed Thu, 9 Jul, 2026, 05:33 IST · Source Financial Express · BrandWagon · Updated

Ather Energy's stock surged nearly 200% in a year after record FY26 sales of 2.62 lakh EVs, Rs 3,823 crore income, expanded margins, and retail network doubling to 700 Experience Centres, with a new Maharashtra plant planned.

Why this matters

Builds on Ather Energy's ~200% stock rise reported earlier, tied to record FY26 sales of 2.63 lakh EVs and 66% revenue jump, following its IPO where retail investors subscribed 63% on Day 1.

retail-company theme accelerating at +670000% QoQ.