Ather Energy Ltd (BOM:544397)
₹ 1,246.2 +44.15 (+3.67%) Market Cap: 491.12 Bil Enterprise Value: 473.22 Bil PE Ratio: 0 PB Ratio: 18.54 GF Score: 8/100

Q2 2026 Ather Energy Ltd Earnings Call Transcript

Nov 10, 2025 / 04:30 AM GMT
Release Date Price: ₹659.95 (+5.58%)

Key Points

Positve
  • Ather Energy Ltd (NSE:ATHERENERG) reported a 67% year-on-year growth in units sold, reaching 66,000 units.
  • Total income increased significantly to 940 crores, marking a 57% year-on-year growth.
  • The company achieved a market share of 17.4%, with notable gains in Middle India and South India.
  • Ather Energy Ltd expanded its distribution network by adding 78 new stores, bringing the total to 524 stores.
  • The introduction of new product variants and services, such as Battery as a Service, has been well-received, supporting market expansion.
Negative
  • A supply chain disruption due to a rare earth supply crunch impacted revenue and adjusted gross margin.
  • EBITDA losses, although improved, remained in the single digits, indicating ongoing financial challenges.
  • The new plant's construction faced a 2-3 month delay, potentially affecting future production timelines.
  • The company is still working on reducing costs and improving profitability, with a focus on engineering efforts.
  • Despite growth, the overall electric vehicle market penetration has been slower than expected in some regions.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

ATHR.NS - Ather Energy Ltd
Q2 2026 Ather Energy Ltd Earnings Call
Nov 11, 2025 / 04:30AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and gentlemen, good day and welcome to the Ather Energy Limited's Q2 and H1F5 2026 earnings conference call. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on your touchstone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Murli Shashida run from Ather Energy Limited.

Thank you and over to you, Mr. Murli.

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Unidentified_2 [2]
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