Ather Energy Limited has informed the Exchange about Transcript

Ather Energy reported a breakthrough FY '26 with volumes up 66% YoY to 83,000 units in Q4, driven by the Rizta product (now 75% of sales). Market share more than doubled from ~8% to 18.6%. The company doubled its store count from 351 to 700 stores, with 75% opened by existing dealers. Unit economics improved sharply: AGM (with subsidy) rose from 19% to 24%, and EBITDA losses compressed from 23% to -2% in Q4 (a 2000 bps improvement). Pro-Pack attach rate hit a record 93%. However, management flagged near-term margin pressure from commodity inflation (lithium, aluminum, rare earth magnets up 40-50%), expecting impact over the next few quarters. The company has taken ~INR4,000 in price hikes across Q4 FY26 and Q1 FY27 and expects to take more. Key growth drivers for FY27 include the new EL platform (launching later this year targeting the mass INR1-1.25 lakh segment) and Factory 3.0 at AURIC (Phase 1 adding 42,000 units/month capacity, trial production expected before end of this calendar year).