Ather Energy Limited held an earnings conference call on August 03, 2026, to discuss the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27).

The event was an earnings call hosted by the management team, including:

  • Mr. Tarun Mehta – Executive Director & Chief Executive Officer
  • Mr. Sohil Parekh – Chief Financial Officer
  • Mr. Murali Sashidharan – Head of Communications

The call discussed Q1 FY27 performance, with key highlights including:

  • Wholesale volume growth of 81% YoY (46,000 units in Q1 FY26 to 83,000 units in Q1 FY27)
  • Registration growth of 102% YoY (44,900 units to over 90,000 units)
  • Average Sales Price (ASP) increased to ₹1.61 lakh from ₹1.5 lakh last quarter
  • Achieved first positive EBITDA of ₹9 crore (0.8% margin)
  • Adjusted Gross Margin (AGM) at 22.4%, down from 25.4% in Q4 FY26 due to commodity inflation
  • Received 7 lakh inquiries and 1.5 lakh preorders in Q1 FY27 (up 158% YoY)
  • Production ramped from 24,000 units in April to 31,000 units in June
  • Current Hosur facility at near 100% utilization (35,000 units/month capacity)
  • Aurangabad (Chhatrapati Sambhaji Nagar) factory Phase 1 to add 5 lakh units capacity, taking total to 9.2 lakh units annually
  • Recent fundraise of ₹1,300 crore via QIP and seeking approval for another ₹1,200 crore via preference issue
  • New EL scooter platform to launch on August 29, 2026, at Ather Community Day in Bengaluru
  • EL scooter production target of 60,000 units/month between Hosur and Aurangabad

The company stated that the transcript of the earnings call was made available on the company website at https://www.atherenergy.com/investor-relations/financials#earnings-call-transcript.

Additional Notes Section

The document includes the full transcript of the earnings call with management commentary and Q&A session with analysts. No unpublished price sensitive information (UPSI) was indicated to be shared during the call. The transcript contains detailed financial and operational discussions but no standalone financial statements or data tables.