Now Reading: Ather Energy Q1FY27 revenue up 89%, net loss narrows
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Ather Energy Q1FY27 revenue up 89%, net loss narrows
Ather Energy reported Q1FY27 revenue of Rs 1,217 crore, up 89% from a year earlier, Livemint reports. Net loss narrowed to Rs 33 crore from Rs 134 crore, while operating profit turned…
The Story in Brief
Ather Energy reported Q1FY27 revenue of Rs 1,217 crore, up 89% from a year earlier, Livemint reports. Net loss narrowed to Rs 33 crore from Rs 134 crore, while operating profit turned positive at Rs 9 crore. The company's stock has rallied on the back of these results and an aggressive expansion plan, including a new EL platform and a second factory in Maharashtra.
Pros include vertical integration, a proprietary software stack, and a dominant position in south India's electric two-wheeler market. Cons are high valuation (price-to-book of 13.4) and potential margin pressure from rising commodity prices. Management aims to enter the Rs 1-1.25 lakh scooter segment and scale annual capacity to 1.42 million units by FY28.
The Indian Opinion
The bullish narrative around Ather Energy often ignores two real risks: a price-to-earnings ratio still meaningless due to past losses, and commodity margin pressure that may hit future quarters. At the same time, the doomsayers overlook the company's 95% jump in enquiries and 158% rise in pre-orders. The true test will be whether the EL platform launch in August 2026 can keep margins intact while fending off competition from Ola and Bajaj.
Source: livemint.com
This story was synthesised by AI from the source linked above.
