Ather Energy Limited
Founded in 2013, Ather Energy is an Indian electric two-wheeler company based in Bangalore, specializing in the design, development, and assembly of electric scooters, battery packs, and charging infrastructure, ranking 4th in E2W sales volume in India.
What Ather files
- Others58
- Investor Meet35
- Important18
- QIP/Rights/Pref.16
- Updates13
- Board Meeting9
Ather Energy ensured all shareholders, including those without registered emails, received physical letters with links to the 13th AGM notice and FY25-26 Annual Report, facilitating broad access to key company documents.
Ather Energy's consolidated income surged 87.2% YoY to ₹1,260 Cr in Q1 FY27, with EBITDA turning positive at ₹9 Cr. Strong demand drove 150k pre-orders. A new EL platform product and Factory 3.0 expansion target future growth.
Ather Energy's Board approved a preferential issue of shares to India-Japan Fund at INR 1,230/share and warrants to promoters at INR 1,260/share. Both issue prices are set above their respective floor prices, indicating strong market confidence.
Ather Energy incorporated Ather Insurance Limited, a 100% owned subsidiary, to act as a Corporate Agent for insurance policies. This move diversifies its business, expanding into the insurance sector and offering new service capabilities.
Ather Energy achieved record FY26 volumes of 2.63 lakh units (+69%) and ₹3,823 Cr total income (+66%). Q4 EBITDA margin surged to (2.5%), a 2,080 bps improvement. Network expansion to 700 centers and Rizta sales fueled robust growth and market share gains.