Ather Energy Limited announced that the fourth edition of its flagship community event, Ather Community Day, will take place on 29 August 2026 in Bengaluru. The event will mark the unveiling of the first scooter from the company's new EL platform, signifying its entry into the mass-market scooter segment. Alongside the product launch, ather energy intends to introduce a range of innovations across technology, charging, and the broader ecosystem to enhance the ownership experience.

The EL platform represents the company's next-generation vehicle architecture, designed for greater versatility, scalability, and manufacturing efficiency. It is the first all-new vehicle platform from the manufacturer since the 450 series. The first scooter built on this architecture is aimed at the ₹1 lakh to ₹1.25 lakh price segment, a move intended to expand the company's total addressable market and drive future growth.

The Ather Community Day has evolved over the last three years into a significant automotive and technology event. The 2025 edition, held on 30 August 2025, attracted over 4,000 attendees and featured the unveiling of the EL platform, the Redux concept vehicle, next-generation fast-charging technology, and AtherStack 7.0.

Ather Energy's current product portfolio includes the Ather 450 series and the Ather Rizta, a family scooter line launched in 2024, offering a total of 9 variants. The company operates the Ather Grid, which it claims is the widest two-wheeler fast charging network in the country. As of March 31, 2026, the company holds 326 registered trademarks, 271 registered designs, and 52 registered patents, along with pending applications globally.

Key Details of Ather Community Day 2026

Ather Energy Limited reported a narrowed net loss of ₹517.17 crore for the financial year ended March 31, 2026, compared to a loss of ₹812.28 crore in the previous year, as revenue from operations surged 62.8% to ₹3,671.76 crore. The electric two-wheeler manufacturer’s total income for the year stood at ₹3,823.08 crore, up from ₹2,305.22 crore in FY25. The Board of Directors approved the audited financial statements on May 04, 2026.

Financial Performance

The company’s loss before tax for FY26 was ₹517.17 crore, an improvement from the ₹812.28 crore loss before tax in the prior year. Exceptional items for the year amounted to ₹5.04 crore, attributed to the impact of new Labour Codes. Total expenses for the year increased to ₹4,335.21 crore from ₹3,117.50 crore in FY25, driven by higher material costs and employee benefit expenses.

Operational Highlights

Revenue from the sale of finished products rose to ₹3,207.99 crore from ₹1,998.44 crore in the previous year. The cost of materials consumed increased to ₹2,808.15 crore from ₹1,826.88 crore. Employee benefits expenses grew to ₹481.60 crore, while finance costs decreased to ₹82.20 crore from ₹110.62 crore in FY25.

Balance Sheet and Cash Flows

The company’s total assets as of March 31, 2026, stood at ₹4,721.51 crore, a significant increase from ₹2,100.61 crore in the previous year. Equity share capital rose to ₹38.27 crore from ₹29.06 crore, supported by the proceeds from an Initial Public Offer (IPO) completed during the year. Total equity increased to ₹2,572.63 crore from ₹492.99 crore. Cash and cash equivalents improved to ₹111.94 crore from ₹69.80 crore.

Auditor’s Report

Deloitte Haskins & Sells, the statutory auditor, issued an unmodified opinion on the financial statements. The report highlighted intangible assets under development as a key audit matter, noting that the initial recognition of development expenditure is based on management’s assessment of technological and economic feasibility. The auditor also confirmed that the company has adequate internal financial controls operating effectively.