Ather Energy stock up ~200% in a year as FY26 sales and retail network double
Ather Energy posted FY26 total income of Rs 3,823 crore (+66%) on 2,62,942 units sold (+69%), with Q4FY26 revenue of Rs 1,214 crore and 83,418 vehicles (+76% YoY). The EV maker expanded to 700 Experience Centres, 548 service centres and 6,000+ charging points, with shares near a 52-week high of Rs 1,069.
Ather Energy shares surged ~200% in a year after record FY26 sales, revenue of Rs 3,823 crore, and expansion to 700 Experience Centres, doubling its retail network amid strong EV two-wheeler growth.
Why this matters
The rally follows CLSA initiating coverage at 'Outperform' with a Rs 1,450 target implying 57% upside, reinforcing a product-led EV growth story now backed by record FY26 sales and a doubled retail footprint.
Retail-company signals are accelerating, up 552300% QoQ.