Ather Energy stock up ~200% in a year on record FY26; analysts eye Rs 1,150 target
Ather posted FY26 total income of Rs 3,823 crore (up 66%) on 2.63 lakh units sold (up 69%), while expanding its retail footprint to 700 Experience Centres from 351 and 548 service centres. Q4FY26 revenue hit Rs 1,214 crore with 25% adjusted gross margin, though it still logged a Rs 30 crore EBITDA loss.
Ather Energy shares surged ~200% in a year after record FY26 results—revenue Rs 3,823 crore, 2.63 lakh units sold, retail network expanded to 700 Experience Centres. Analysts remain positive with Rs 1,150 target amid EV two-wheeler growth.