Ather Energy stock up ~200% in a year as FY26 revenue hits Rs 3,823 crore and Experience Centres double to 700
Ather sold 2,62,942 EVs in FY26 (up 69%), with Q4 volumes of 83,418 units up 76% YoY and adjusted gross margin at 25%. Retail footprint doubled to 700 Experience Centres plus 548 service centres and 6,000+ charging points. Emkay targets Rs 1,150; FAME subsidy expiry and commodity costs remain risks.
Ather Energy stock up nearly 200% in a year on record FY26 results: 2.6 lakh EVs sold, Rs 3,823 crore revenue, Experience Centres doubled to 700. Analysts stay bullish; Emkay targets Rs 1,150 despite FAME subsidy expiry and commodity cost risks.