Ather Energy: Loss kam, Revenue double se zyada!
Ather Energy ke liye Q3 FY26 quarter zabardast raha. Company ka Net Loss kam hokar sirf ₹85 crore reh gaya hai, jo pichhle saal isi quarter mein ₹198 crore tha. Yaani, loss aadha se bhi zyada kam ho gaya!
Iske peeche ka bada reason hai record sales. Company ne iss quarter mein 67,851 units bechi hain, jo pichhle saal ke muqable 50% zyada hain. Is wajah se total income bhi ₹996 crore tak pahunch gayi, jo pichhle saal ₹650 crore thi. Jabardast growth dikhi hai bhai!
Sirf Bike nahi, aur bhi kamai!
Ather ab sirf electric scooters bech kar hi nahi kama raha hai. Company ne bataya hai ki non-vehicle revenue, jaise ki software subscriptions, charging, accessories, aur services se ab total income ka 14% aa raha hai. Ye diversification company ki profitability aur overall business ko mazboot bana raha hai.
EBITDA loss bhi kam hokar ₹29.9 crore ho gaya hai. Aur agar pichhle quarter (Q2 FY26) se compare karein toh quarterly loss 45% kam hua hai. Yeh sab dikhata hai ki company operational efficiency par focus kar rahi hai.
Market Reaction aur Valuation
Is achhi khabar se Ather Energy ke shares mein toofani tezi aayi. Shares lagbhag 13% badh gaye, aur ₹684 tak pahunche. Trading volume bhi average se 5 guna zyada tha. Yeh rally tab hui hai jab saal ke shuru se stock 10% gira hua tha. Company ki Market Cap ab ₹25,915.56 crore ho gayi hai.
Bade listed competitors jaise TVS Motor (30-35x P/E), Bajaj Auto (25-30x P/E), aur Hero MotoCorp (15-20x P/E) ke comparison mein Ather ki valuation alag hai, lekin iss growth ko dekhkar investors ko future mein aur bhi bade returns ki umeed hai.
CEO Tarun Mehta kya keh rahe hain?
CEO Tarun Mehta ka kehna hai ki yeh performance festive season ki demand, zabardast volume growth aur market share badhane ki wajah se hai. Woh bola ki unit economics, margins aur operating leverage par focus jaari rahega. AtherStack ka high attach rate aur customers ke sath deep engagement long-term growth ke liye bahut important hai.