Ather Energy stock up ~200% in a year on record FY26; retail network doubles to 700 centres
Ather sold 2.63 lakh EVs in FY26 (up 69%) with income of Rs 3,823 crore (up 66%). Q4FY26 sales hit 83,418 units (up 76% YoY) on Rs 1,214 crore revenue and 25% adjusted gross margin, though EBITDA loss stood at Rs 30 crore. Experience Centres nearly doubled to 700, with a new Maharashtra plant adding 42,000 units/month by FY27.
Ather Energy stock rose ~200% in a year on record FY26 results—2.63 lakh EVs sold, Rs 3,823 crore income, retail network doubled to 700 centres, with a new Maharashtra plant planned by FY27.
Why this matters
Extends Ather's breakout run: the stock has more than doubled on FY26 sales jumping 69% to 262,942 units, and CLSA recently initiated coverage at 'Outperform' citing 57% upside from product-led EV growth.
Retail-company signals accelerating, up 560100% QoQ.