Ather Energy up ~200% in a year as FY26 sales jump 69% to 2.63 lakh units
Ather shares hit a 52-week high of Rs 1,069 after a ~200% one-year rally, driven by rising EV two-wheeler adoption. FY26 sales rose 69% to 2,62,942 units, income reached Rs 3,823 crore, and retail network expanded to 700 Experience Centres and 548 service centres. Analysts stay positive; Emkay targets Rs 1,150 while flagging FAME subsidy expiry risk.
Ather Energy shares surged ~200% in a year on rising EV two-wheeler adoption. FY26 sales rose 69% to 2.63 lakh units; retail network expanded to 700 Experience Centres. Analysts stay positive, flagging EBITDA breakeven and FAME subsidy expiry.
Why this matters
Extends Ather's rally narrative: record FY26 EV sales and a doubled retail footprint have driven the ~200% one-year gain, reinforcing its rise from an IIT Madras lab project to a Rs 50,000 crore EV player.
Retail-company theme is accelerating, up +839300% QoQ.