Ather Energy stock up ~200% in a year as FY26 revenue climbs 66% to Rs 3,823 crore
Ather sold 2,62,942 units in FY26, up 69%, with Q4 volumes rising 76% YoY to 83,418. Retail footprint now spans 700 Experience Centres, 548 service centres and 6,000+ charging points. Adj gross margin at 25%, EBITDA loss narrowed to Rs 30 crore. Emkay targets Rs 1,150; new 42,000 units/month capacity due by FY27.
Ather Energy shares surged nearly 200% in a year amid strong FY26 results—revenue up 66% to Rs 3,823 crore, retail network expanded to 700 Experience Centres. Analysts remain positive citing electric two-wheeler growth and capacity expansion.