Ather Energy stock up ~200% in a year on record FY26 sales and retail expansion
Ather posted FY26 total income of Rs 3,823 crore (+66%) and sold 2,62,942 units (+69%), with Q4FY26 revenue at Rs 1,214 crore and 83,418 vehicles delivered (+76% YoY). Retail footprint nearly doubled to 700 Experience Centres alongside 548 service centres and 6,000+ charging points; new Maharashtra plant to add 42,000 units/month capacity by FY27.
Ather Energy reported record FY26 sales and revenue, nearly doubling retail Experience Centres to 700, with stock up ~200% in a year. Analysts cite expanding network and new Maharashtra plant driving India EV two-wheeler market-share gains.
Why this matters
Ather's ~200% stock surge follows CLSA initiating coverage at 'Outperform' with a Rs 1,450 target and 57% upside, reinforcing a product-led growth and doubled retail network narrative.
Retail-company signals are accelerating, up 555700% QoQ.