Ather Energy Limited Earnings Summary — Q1 FY2027
Ather Energy Narrow Losses in Q1 FY2027 as Revenue Surges 88% Year-on-Year
Quarterly Business Intelligence
AI Quarterly Scorecard™
Computed deterministically from the last 10 reported quarters.
Quarterly Business Momentum
- Revenue has increased for 3 consecutive quarters.
- Revenue is at its highest level in 10 quarters.
- Net profit has reached its highest level in 10 quarters.
- Operating margin stands at -2.7% in Q1 FY2027.
- PBT margin is -4.2%.
- Operating leverage continues to improve.
- Overall quarterly business momentum scores 60/100 (Healthy) on the latest 10 quarters.
- Business momentum remains positive heading into the next quarter.
Quarterly Financials
Last 10 Reported Quarters • All figures in ₹ Crore • Margins in %
| Metric | Trend | Latest Q1 FY2027 | Q4 FY2026 | Q1 FY2026 | Q2 FY2020 | Q1 FY2020 | Q4 FY2019 | Q3 FY2019 | Q2 FY2019 | Q1 FY2019 | Q4 FY2018 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | Strong Uptrend | 1,217 | 1,175 | 645 | — | — | — | — | — | — | — |
| Expenses | Strong Uptrend | 1,250 | 1,244 | 779 | — | — | — | — | — | — | — |
| Operating Profit | Strong Uptrend | -33 | -70 | -134 | — | — | — | — | — | — | — |
| Operating Margin | Strong Uptrend | -2.7% | -5.9% | -20.8% | — | — | — | — | — | — | — |
| Other Income | Strong Uptrend | 43 | 39 | 28 | — | — | — | — | — | — | — |
| Interest | Stable | 22 | 18 | 24 | — | — | — | — | — | — | — |
| Depreciation | Declining | 39 | 52 | 48 | — | — | — | — | — | — | — |
| Profit Before Tax | Strong Uptrend | -51 | -100 | -178 | — | — | — | — | — | — | — |
| Tax | Insufficient data | — | — | — | — | — | — | — | — | — | — |
| Net Profit | Strong Uptrend | -51 | -100 | -178 | — | — | — | — | — | — | — |
| Net Margin | Strong Uptrend | -4.2% | -8.5% | -27.6% | — | — | — | — | — | — | — |
Key Takeaways
- Revenue grew significantly by 88.8% year-on-year to ₹1,216.92 crore, driven by scaling electric two-wheeler sales.
- Net loss narrowed substantially to ₹51.09 crore from ₹178.23 crore in the same quarter last year, reflecting improved operating leverage.
- The company successfully completed a ₹1,300 crore Qualified Institutions Placement (QIP) subsequent to the quarter end.
- A new subsidiary, Ather Insurance Limited, was incorporated on May 27, 2026, to offer insurance services and create recurring revenue streams.
- Board approved further fund raising of up to ₹1,200 crore through equity and convertible warrants to support expansion.
- Total expenses were largely flat quarter-on-quarter despite revenue growth, highlighting better cost management.
- The company is in the process of setting up a Hong Kong subsidiary to strengthen its Asia-Pacific supply chain and procurement.
Management Guidance
Management is focused on scaling its vertically integrated model, transitioning from a high-burn startup phase toward a sustainable profit model while maintaining its top-4 market position.
Sentiment Shift
Improving
Losses are narrowing faster than revenue growth, and the successful massive QIP provides a strong capital cushion for near-term operations.
Outlook
The outlook is bolstered by significant fresh capital infusion and a diversification into insurance services. However, the company continues to monitor evolving battery waste management regulations and competitive pricing pressures in the E2W segment.
From the Annual Report (Key Quotes)
“The Company has, by way of Qualified Institutions Placement... allotted 1,08,15,307 Equity Shares... aggregating up to ₹1,300.00 crores.”
“Ather Insurance Limited... will act as a Corporate Agent to offer and facilitate insurance policies which will enable the Company to streamline its insurance offerings.”
“The Company's business activity fall within a single operating segment i.e. automotive segment.”
Official Quarterly Documents
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This summary is AI-generated from Ather Energy Limited's latest quarterly filing and earnings call. For informational purposes only — not investment advice.