Please find attached the Financial Results for the quarter and Financial year ended March 31, 2026.

Revenue Growth 20pctPat NegativeExceptional ItemResults View source PDF Explain this filing

ATHERENERG · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.3%Reaction day

₹933.75

prior close

₹925.35

announcement price

In-mkt

timing

Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%-0.6% vs market

2/3 Wheelers peers, median of 7sector+0.4%-0.0% vs sector

On the reaction day the stock moved 0.6 pts less than Nifty Smallcap 250 and in line with its 2/3 Wheelers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.6

10m

+0.2

15m

-0.1

30m

+0.2

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.3+1.0-0.6+0.4-0.0

Next day

+0.5+1.2-0.7+0.3+0.1

-3.8+3.0-6.8+1.4-5.2

-2.4+4.1-6.4+3.3-5.6

-1.8+4.2-6.0+2.9-4.7

+3.1+3.1+0.0+1.3+1.8

+2.1+0.3+1.7-1.9+4.0

15d

-1.2+1.5-2.7-0.6-0.6

+5.8+1.9+3.9+0.4+5.4

+20.6+8.1+12.6+4.9+15.7

+55.7+8.7+47.0+11.6+44.1

UpDownMarket · Nifty Smallcap 250Sector · 2/3 Wheelers peers, median of 7Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Ather Energy reported annual revenue of ₹3,671.76 crore for FY26, up 62.8% from ₹2,255.01 crore in FY25. The company continues to incur losses with net loss of ₹516.75 crore for FY26, significantly improved from ₹816.92 crore loss in FY25. For Q4 FY26 alone, revenue was ₹1,174.66 crore (up 73.7% YoY) with a loss of ₹98.24 crore versus ₹237.25 crore loss in Q4 FY25. The statutory auditors Deloitte Haskins & Sells issued an unmodified (clean) opinion. An exceptional item of ₹5.04 crore was recorded due to labour code changes. The company completed its IPO in May 2025 raising ₹2,626 crore, with ₹1,617 crore still unutilised. Rare earth magnet supply disruptions from China's export ban impacted operations, and the company deferred ₹24.52 crore of PM E-DRIVE incentive claims.

Likely market impact

The company shows improving operational performance with strong revenue growth and narrowing losses, though still unprofitable. The substantial IPO cash reserves provide runway. Shareholders should note the improving loss trajectory and significant revenue acceleration despite EV sector headwinds.