Ather Energy Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Ather Energy reported wholesale volume growth of 81% year-on-year to 83,000 units in Q1 FY27, alongside its first-ever positive EBITDA quarter at a margin of about 0.8%. Management attributed strong demand to macro tailwinds including policy support and rising fuel prices, while noting commodity cost inflation reduced gross margins by 5.6% during the quarter. The company also discussed capacity expansion plans via its Aurangabad (AURIC) facility and the upcoming launch of its EL scooter platform.
Ather Energy reported FY26 volumes up nearly 66%, with Q4 volumes of 83,000 units and market share rising from about 8% to 18.6% on the back of the Rizta scooter. The company doubled its store count to 700 and improved EBITDA losses from 23% to about negative 2% in Q4, while flagging near-term margin pressure from commodity cost inflation in lithium, aluminum and memory. Management also detailed plans for a new Factory 3.0 facility in Chhatrapati Sambhajinagar and a new scooter platform called EL targeted at the mass market segment.