Ather Energy Limited — PPTs, 10-11-2025: Investor Presentation

Ather Energy delivered strong Q2 FY26 results with 66,000 units sold, up 67% YoY, driving total income to ₹940.7 Cr, a 57% YoY jump. The company's pan-India market share hit 17.4%, maintaining leadership in South India and rapidly growing in Middle and Rest of India.

Growth is fueled by aggressive distribution expansion, with 524 Experience Centers currently and a target of 700 by FY26 end. Cost optimization efforts led to a 22% Adjusted Gross Margin (+300 bps YoY).

Recent developments include new variants of the 450 and Rizta with higher range, and "Battery as a Service." AtherStack 7.0 introduced features like Pothole Alerts and voice commands. The new versatile EL Platform, designed for diverse e-scooter needs, is on track, alongside Factory 3.0. EBITDA margin significantly improved to (10%), up 1,100 bps YoY.

Management's focus remains on nationwide scaling, brand strengthening through mass-appeal campaigns, and innovation with the EL Platform and next-gen charging network.