Ather Energy stock doubles-plus in a year on record FY26 sales and margin gains
Ather Energy shares rose nearly 200% in 12 months, backed by record FY26 volumes of 262,942 e-two-wheelers, Rs 3,823 crore total income, and adjusted gross margins near 25%. The retail footprint expanded to 700 Experience Centres and 548 service centres, with new Maharashtra capacity of 42,000 units/month due by FY27.
Ather Energy's stock surged ~200% in a year on record FY26 sales of 262,942 e-two-wheelers, Rs 3,823 crore income, expanded margins, and retail network growth to 700 Experience Centres with new Maharashtra capacity coming by FY27.
Why this matters
Extends Ather Energy's run, following its stock nearly doubling on a 69% FY26 sales jump to 2.63 lakh units and network expansion, plus CLSA's 'Outperform' initiation targeting Rs 1,450.
Retail-company signals accelerating at +576900% QoQ.