Ather Energy Limited — Investor Meet, 08-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Ather Energy delivered a robust Q1 FY26. Units sold doubled YoY to 46,000, driving total income up 83% to ₹672 Cr. Gross margins hit 23%, and EBITDA losses significantly narrowed to -16%. Market share grew to 14.3%. The company is aggressively expanding its network, adding 95 stores for a total of 446. Focus areas include solidifying South India dominance and expanding into Middle and North India. A new cost-effective EL platform will be unveiled this month, with products anticipated next year. Management is addressing rare earth supply challenges with minimal expected short-term impact. The outlook reflects a confident growth trajectory.