Ather Energy Limited Q1 FY26 earnings call summary

Earnings call of 4 Aug 2025, summarised by AI from the filing.

EBITDA loss better by ₹20-30 cr due to IPO timing; rare earth impact about a week in Q2.

Key takeaways

1. Guidance EBITDA loss better by ₹20-30 cr due to IPO timing; rare earth impact about a week in Q2.
2. Change Adjusted gross margin rose to 23% from 19% average last FY, driven by non-vehicle revenue and COGS reduction.
3. Risk China's ban on heavy rare earth magnet exports may disrupt supply, with about a week's impact in Q2.

Original filing on BSE

Ather Energy Limited Q1 FY27 results

As filed: Revenue ₹1,217 cr (+89% year on year), EBITDA −₹33.1 cr, PAT −₹50.9 cr, EBITDA margin -2.7% (+1,000 bps).

The Q1 FY27 score, against the company's own trend, is for premium members.

Earlier results and the share price after them

• Q4 FY26: Revenue ₹1,175 cr (+74% year on year), EBITDA −₹69.6 cr, PAT −₹100 cr, EBITDA margin -5.9% (+1,000 bps). Score 45 of 100, In line with trend. EBITDA margin rose 1000 bps year on year. Not enough history for a trend yet: scored on growth alone. Share price after the results: +9.3% in 30 days (Nifty 500: −1.0%).
• Q3 FY26: Revenue ₹954 cr, EBITDA −₹72.0 cr, PAT −₹84.6 cr, EBITDA margin -7.6%. Not scored. No result for the same quarter last year. Share price after the results: +15.6% in 30 days (Nifty 500: −1.9%).
• Q2 FY26: Revenue ₹899 cr, EBITDA −₹132 cr, PAT −₹154 cr, EBITDA margin -14.7%. Not scored. No result for the same quarter last year. Share price after the results: +3.0% in 30 days (Nifty 500: −0.8%).
• Q1 FY26: Revenue ₹645 cr, EBITDA −₹134 cr, PAT −₹178 cr, EBITDA margin -20.8%. Not scored. No result for the same quarter last year. Share price after the results: +44.1% in 30 days (Nifty 500: +0.8%).
• Q4 FY25: Revenue ₹676 cr, EBITDA −₹172 cr, PAT −₹234 cr, EBITDA margin -25.4%. Not scored. No result for the same quarter last year. Share price after the results: +3.9% in 30 days (Nifty 500: +7.7%).

Past price moves after results do not indicate future moves. Not a recommendation.

Ather Energy Limited earnings call, investor presentation and press release summaries

• Q1 FY27: Earnings call (3 Aug 2026), Results deck (3 Aug 2026), Results press release (3 Aug 2026)
• Q4 FY26: Earnings call (4 May 2026), Results deck (4 May 2026), Results press release (4 May 2026)
• Q3 FY26: Earnings call (2 Feb 2026), Results deck (2 Feb 2026)
• Q2 FY26: Earnings call (11 Nov 2025), Results deck (10 Nov 2025), Results press release (10 Nov 2025)
• Q1 FY26: Earnings call (4 Aug 2025), Results deck (4 Aug 2025), Results press release (4 Aug 2025)
• Q4 FY25: Earnings call (12 May 2025), Results deck (12 May 2025), Results press release (12 May 2025)
• Other events: AGM (17 Sep 2025)