An excerpt from Mool’s published research
Ather Energy Ltd.
NSE: ATHERENERG · Report 26 Oct 2026
Business model and financial foundation
Ather Energy (NSE: ATHERENERG), Electric two-wheelers: revenue of ₹3,672 crore in FY26 (+62.8% on FY25), an EBITDA margin of -11.1%, net profit of ₹-517.2 crore and net cash of ₹1,918 crore.
Read the analysis and its sources- Revenue, FY26 (₹ crore)
- 3,672
- consolidated
- Revenue growth, FY26
- +62.8%
- on FY25
- EBITDA margin, FY26
- -11.1%
- EBITDA (Operating EBITDA excluding other income) / revenue
The figures retain the periods and comparisons stated in the analysis. This excerpt describes the business; full research access is explained above.