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Ather Energy

Q1 FY27Automobiles

Ather Energy Q1 FY27 earnings call: Revenue & Margins

Q1 FY27 earnings call: what management guided on revenue, margins and order book.

Price₹1,442
Market cap₹57.7K Cr
Updated25 Aug 2026
Read5 min read

What the Q1 FY27 call signalled

4 of 5 strong

RevenueStrong growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned
Order bookOrder book rising

The short version

Strong demand growth with retail registrations up 102% YoY and wholesale volumes up 81% YoY in Q1 FY 2027. Ather Energy reported its first-ever positive EBITDA quarter in Q1 FY 2027 with a margin of Rs.

From Ather Energy's Q1 FY27 earnings-call transcript · updated 25 Aug 2026.

Revenue & Sales Performance

Strong growth
  • Strong demand growth with retail registrations up 102% YoY and wholesale volumes up 81% YoY in Q1 FY 2027.
  • Preorders at record high of 1.5 lakh in Q1 FY 2027, with monthly inquiries exceeding 50,000 despite dealers limiting new preorders.
  • Capacity expansion underway: current max facility capacity 35,000 units/month; new Aurangabad factory (AURIC Phase 1) to add 5 lakh units/year, doubling capacity to 9.2 lakh units/year (~77,000 units/month) later in the year.
  • Potential further expansion via AURIC Phase 2, adding another 5 lakh units/year if demand continues to ramp.
  • Introduction of EL scooter platform with projected capacity of 60,000 units/month between Aurangabad and Hosur, expected to boost volumes.
  • Growth focused initially on middle and northern India markets, with expansion plans nationwide.

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Profitability & Margins

See what Ather Energy said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

Capex planned
  • Ather Energy is completing Phase One of the Aurangabad factory (AURIC), with production ramp-up expected by Q4 FY 2027, increasing total capacity from 4.2 lakh to 9.2 lakh units annually.
  • Planning for AURIC Phase-2 is underway, which will add another 5 lakh units annual capacity, potentially fast-tracked depending on demand.
  • The company recently closed a Rs. 1,300 crore QIP and is seeking shareholder approval for another Rs. 1,200 crore via preference shares, totaling Rs. 2,500 crore to fund capacity expansion and new product launches.
  • The Hosur plant has fungible capacity being optimized between Rizta and EL platforms.

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Top-ranked in Automobiles

Ranked on what management guided this quarter

Guidance-ranked
Rev 1Mar 1
2Zelio E-Mobility
Rev 1Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Ather Energy said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

Order book rising
  • Ather Energy is experiencing very strong demand with over 50,000 paid preorders on a monthly basis.
  • Many dealers have stopped accepting new preorders due to waiting times hitting 2 months or more.
  • Current monthly retail averages around 30,000 units, but there is an unrealized potential of an additional 13,000-15,000 units monthly due to supply constraints.
  • Production capacity at Hosur maxes out at 35,000 units per month.
  • The new Aurangabad factory (AURIC) phase one will add capacity to 9.2 lakh units annually (~77,000 monthly) later in the calendar year.
  • Despite this increased capacity, current demand trajectories may still outpace supply.

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Ather Energy — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹1.2K Cr, net loss ₹100 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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Frequently Asked Questions

What were Ather Energy Q1 FY27 results?

Strong demand growth with retail registrations up 102% YoY and wholesale volumes up 81% YoY in Q1 FY 2027. Ather Energy reported its first-ever positive EBITDA quarter in Q1 FY 2027 with a margin of Rs.

What is Ather Energy share price analysis?

Ather Energy currently shows a strong growth signal based on ranking data. The stock trades at a P/E of N/A with a market cap of ₹57,675 Cr. Investors should review the full earnings analysis for detailed insights.

Is Ather Energy planning capital expenditure?

Ather Energy is completing Phase One of the Aurangabad factory (AURIC), with production ramp-up expected by Q4 FY 2027, increasing total capacity from 4.2 lakh to 9.2 lakh units annually. - Planning for AURIC Phase-2 is underway, which will add another 5 lakh units annual capacity, potentially fast-tracked depending on demand. - The company recently closed a Rs.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.