Ather Energy stock up ~200% in a year on record FY26 EV sales and retail expansion
Ather sold 2,62,942 EVs in FY26 with Rs 3,823 crore total income and doubled its retail network to 700 Experience Centres and 548 service centres. Q4FY26 saw 83,418 vehicles (76% YoY) and Rs 1,214 crore revenue, though EBITDA loss stood at Rs 30 crore as analysts weigh the rally's durability.
Ather Energy's stock surged nearly 200% in a year as it posted record FY26 sales of 2,62,942 EVs, Rs 3,823 crore income, doubled retail network to 700 Experience Centres, with analysts weighing the rally's sustainability.
Why this matters
Ather's rally follows its IPO retail portion getting 63% subscribed on day one and CLSA initiating coverage at 'Outperform' with 57% upside on product-led growth.
Retail-company theme accelerating at +426900% QoQ.