Ather Energy Limited has disclosed its schedule for upcoming investor and analyst meetings in September 2026. The electric vehicle manufacturer will participate in four physical events across Mumbai and Hong Kong to engage with market participants.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company emphasized that all discussions during these sessions will be based strictly on publicly available information.

Meeting Schedule

Ather Energy will attend the following conferences in September 2026:

Compliance Notes

The company noted that the schedule is subject to change due to exigencies on the part of the investors, analysts, or the company. Ather Energy confirmed that no Unpublished Price Sensitive Information (UPSI) will be shared during these meetings.

A copy of this intimation is available on the company's website under the Investor Relations section. Puja Aggarwal, Company Secretary and Compliance Officer, signed the disclosure.

Ather Energy Limited reported its first-ever positive EBITDA quarter in Q1FY27, marking a significant operational milestone amid a broader industry surge. The electric two-wheeler manufacturer posted an EBITDA of ₹9 crore (0.8% margin) for the quarter ended June 30, 2026, driven by an 81% year-on-year increase in wholesale volumes to 83,000 units and a 102% rise in retail registrations to over 90,000 units. This profitability achievement comes despite severe commodity cost headwinds that escalated by 46% over the last five quarters, demonstrating the company’s ability to manage fixed costs and optimize pricing strategies.

Financial Performance and Margin Dynamics

The company’s adjusted gross margin (AGM) settled at 22.4% in Q1FY27, reflecting a 5.6 percentage point drop from the 25.4% recorded in Q4FY26 due to raw material inflation. However, management highlighted that structural gains from price hikes and improved SKU mix partially offset these pressures. The average selling price (ASP) rose to ₹1.61 lakh per vehicle in June 2026, up from approximately ₹1.5 lakh in the previous quarter. This increase was supported by strong consumer absorption of price hikes and high attach rates for the AtherStack Pro software package, which reached 94% in the quarter.

Demand Surge and Capacity Expansion

Demand for Ather’s products has outpaced supply, with paid preorders surging 158% to 1.5 lakh units in Q1FY27. Dealer inventory levels dropped sharply from 14 days to just three days, indicating tight supply conditions. To address this, Ather is accelerating the commissioning of its new manufacturing facility, AURIC, in Aurangabad (Chhatrapati Sambhaji Nagar). Phase one of this plant will add 5 lakh units of annual capacity, raising total production capability from 4.2 lakh to 9.2 lakh units per annum by late calendar year 2026.

Management indicated that current demand trajectories may still strain even the expanded capacity, prompting plans for AURIC Phase-2, which could add another 5 lakh units annually. The company recently closed a ₹1,300 crore Qualified Institutional Placement (QIP) and is seeking shareholder approval for an additional ₹1,200 crore via a preference share issue, totaling ₹2,500 crore in fresh capital to fund these expansions and navigate global supply chain challenges.

Product Launches and Market Outlook

Ather is preparing to launch its new EL scooter platform, aimed at capturing mass-market demand, particularly in Middle India and northern regions. The EL platform is already under production at the Hosur facility, with scaling planned across both Hosur and Aurangabad to reach 60,000 units per month. The official launch is scheduled for the Ather Community Day on August 29, 2026, in Bengaluru.

Tarun Mehta, Executive Director & CEO, noted that macro shifts including policy support like the PM E-DRIVE scheme and Delhi EV Policy are driving structural tailwinds for the EV sector. He emphasized that while commodity costs remain volatile, the company expects to mitigate further impacts through realized price hikes and cost efficiencies from the new EL platform. Non-vehicle revenue, primarily from software and accessories, now constitutes 14% of operating revenue, with long-term growth potential in service revenues as the fleet expands.