The engine is store maturation plus ProPack pull-through, and this quarter shows it's building—margins and share are moving even with commodity headwinds.
Overall read
7.1/10
No price read
The three reads · this quarter
The engine is store maturation plus ProPack pull-through, and this quarter shows it's building—margins and share are moving even with commodity headwinds.
Overall read
7.1/10
No price read
The three reads · this quarter
The standing reads · change less often
Moat
Moderate edge
Software-defined ecosystem and charging network create retention; commodity/macro risks limit moat width.
Key variables
5 tracked
lead: Retail registrations & national E2W market shareRegistrations compounded to 90.8k while Ather's national E2W share rose 14.2%->16.8% YoY, so the volume ramp is being won with a stronger competitive position rather than bought with discounted share.
Walk the talk
Reliable
AURIC Phase 1 commissioning to double capacity to 9.2 lakh units, addressing severe supply constraints.
Latest · newest first
1d ago · Product & Approvals
Ather Energy launches Konarc and innovations in vehicle health, batteries, charging.
1d ago · Product & Approvals
Ather Energy introduces new electric scooter Konarc to make EVs mainstream.
4d ago · Fundraising
Board approves allotment of 16.26 lac equity shares and 79.37 lac convertible warrants.
3w ago · Business Update
Company released press release on Q1 FY27 financial results.
3w ago · Fundraising
Allotted 367,875 equity shares under ESOP upon exercise.
3 of 3 guidance items delivered on time
Where it sits