About
Aether Industries Limited produces and sells advanced intermediates and specialty chemicals in India and internationally. It provides large-scale manufacturing, contract research and manufacturing services, as well as contract/exclusive manufacturing services. The company serves its products to the chemical industry, including multinational, regional, and local companies in the pharmaceuticals, agrochemicals, materials science, coatings, photography, additives, and oil and gas industries. It also exports its products. The company collaborate with Dow Chemical International Private Limited to manufactures silicone technology development in India. Aether Industries Limited was incorporated in 2013 and is headquartered in Surat, India.
Key Metrics
as of Sep 2026Market Cap21,576 Cr
P/E89.90
Div Yield0.00 %
Book Value₹185.00
52w High₹1,717.00
52w Low₹723.00
Face Value₹10.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 257.00 | 237.00 | 258.00 | 230.00 | 215.00 | 215.00 | 197.00 | 196.00 | 180.00 | 115.00 | 155.00 | 164.00 | 161.00 |
| Expenses | 177.00 | 176.00 | 165.00 | 158.00 | 146.00 | 147.00 | 138.00 | 142.00 | 137.00 | 106.00 | 124.00 | 118.00 | 116.00 |
| Operating Profit | 80.00 | 62.00 | 92.00 | 72.00 | 69.00 | 67.00 | 60.00 | 55.00 | 43.00 | 9.00 | 31.00 | 46.00 | 45.00 |
| OPM % | 31.00 | 26.00 | 36.00 | 31.00 | 32.00 | 31.00 | 30.00 | 28.00 | 24.00 | 8.00 | 20.00 | 28.00 | 28.00 |
| Other Income | 10.00 | 8.00 | -2.00 | 7.00 | 0.00 | 3.00 | 11.00 | 9.00 | 9.00 | 6.00 | 6.00 | 15.00 | 3.00 |
| Depreciation | 20.00 | 17.00 | 16.00 | 15.00 | 13.00 | 12.00 | 10.00 | 11.00 | 10.00 | 10.00 | 10.00 | 10.00 | 9.00 |
| Interest | 4.00 | 5.00 | 3.00 | 2.00 | 3.00 | 2.00 | 3.00 | 2.00 | 3.00 | 4.00 | 2.00 | 2.00 | 1.00 |
| Profit before tax | 66.00 | 49.00 | 72.00 | 62.00 | 53.00 | 56.00 | 57.00 | 52.00 | 40.00 | 2.00 | 25.00 | 50.00 | 37.00 |
| Tax % | 27.00 | 22.00 | 28.00 | 29.00 | 24.00 | 23.00 | 29.00 | 26.00 | 24.00 | 40.00 | 25.00 | 24.00 | 18.00 |
| Net Profit | 48.00 | 38.00 | 52.00 | 44.00 | 40.00 | 43.00 | 41.00 | 38.00 | 30.00 | 1.00 | 19.00 | 38.00 | 30.00 |
| EPS in Rs | 3.64 | 2.86 | 3.92 | 3.29 | 3.03 | 3.24 | 3.08 | 2.87 | 2.28 | 0.08 | 1.44 | 2.85 | 2.28 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 940.00 | 790.00 | 596.00 | 651.00 | 590.00 | 450.00 | 302.00 | 201.00 | 109.00 | 24.00 | 0.00 | 1.00 |
| Expenses | 645.00 | 563.00 | 464.00 | 465.00 | 422.00 | 338.00 | 230.00 | 154.00 | 85.00 | 22.00 | 1.00 | 3.00 |
| Operating Profit | 295.00 | 227.00 | 131.00 | 186.00 | 168.00 | 112.00 | 72.00 | 48.00 | 23.00 | 2.00 | -1.00 | -2.00 |
| OPM % | 31.00 | 29.00 | 22.00 | 29.00 | 28.00 | 25.00 | 24.00 | 24.00 | 21.00 | 10.00 | -194.00 | -252.00 |
| Other Income | 13.00 | 31.00 | 30.00 | 17.00 | 7.00 | 4.00 | 2.00 | 2.00 | 0.00 | 0.00 | 1.00 | 4.00 |
| Interest | 12.00 | 10.00 | 9.00 | 5.00 | 13.00 | 11.00 | 9.00 | 11.00 | 9.00 | 1.00 | 0.00 | 1.00 |
| Depreciation | 61.00 | 43.00 | 39.00 | 23.00 | 15.00 | 11.00 | 8.00 | 6.00 | 5.00 | 1.00 | 0.00 | 0.00 |
| Profit before tax | 235.00 | 205.00 | 114.00 | 174.00 | 146.00 | 94.00 | 57.00 | 33.00 | 9.00 | 1.00 | 0.00 | 0.00 |
| Tax % | 26.00 | 26.00 | 23.00 | 25.00 | 26.00 | 24.00 | 29.00 | 28.00 | 17.00 | 300.00 | 31.00 | 27.00 |
| Net Profit | 174.00 | 152.00 | 88.00 | 130.00 | 109.00 | 71.00 | 40.00 | 23.00 | 8.00 | -1.00 | 0.00 | 0.00 |
| EPS in Rs | 13.08 | 11.47 | 6.65 | 10.47 | 9.67 | 70.43 | 46.68 | 27.27 | 9.08 | -1.27 | 0.11 | 0.12 |
| Dividend Payout % | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 133.00 | 133.00 | 133.00 | 125.00 | 113.00 | 10.00 | 9.00 | 9.00 | 9.00 | 9.00 | 34.00 | 9.00 |
| Reserves | 2,277.00 | 2,093.00 | 1,936.00 | 1,120.00 | 274.00 | 164.00 | 70.00 | 30.00 | 7.00 | -1.00 | 0.00 | 0.00 |
| Borrowings | 356.00 | 137.00 | 144.00 | 16.00 | 291.00 | 211.00 | 172.00 | 126.00 | 126.00 | 111.00 | 53.00 | 35.00 |
| Other Liabilities | 237.00 | 199.00 | 143.00 | 120.00 | 92.00 | 67.00 | 50.00 | 42.00 | 18.00 | 19.00 | -21.00 | 1.00 |
| Total Liabilities | 3,003.00 | 2,561.00 | 2,356.00 | 1,380.00 | 770.00 | 453.00 | 300.00 | 207.00 | 159.00 | 137.00 | 65.00 | 45.00 |
| Fixed Assets | 1,372.00 | 989.00 | 743.00 | 646.00 | 257.00 | 216.00 | 129.00 | 106.00 | 100.00 | 56.00 | 1.00 | 1.00 |
| CWIP | 482.00 | 340.00 | 219.00 | 37.00 | 58.00 | 0.00 | 17.00 | 1.00 | 2.00 | 40.00 | 42.00 | 20.00 |
| Investments | 100.00 | 100.00 | 0.00 | 1.00 | 17.00 | 22.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 8.00 |
| Other Assets | 1,048.00 | 1,133.00 | 1,393.00 | 695.00 | 438.00 | 214.00 | 154.00 | 99.00 | 56.00 | 41.00 | 21.00 | 15.00 |
| Total Assets | 3,003.00 | 2,561.00 | 2,356.00 | 1,380.00 | 770.00 | 453.00 | 300.00 | 207.00 | 159.00 | 137.00 | 65.00 | 45.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 146.00 | 117.00 | -2.00 | -7.00 | -5.00 | 23.00 | 18.00 | 23.00 | 6.00 | -9.00 | -6.00 | -3.00 |
| Cash from Investing Activity | -590.00 | -415.00 | -399.00 | -348.00 | -151.00 | -77.00 | -48.00 | -13.00 | -11.00 | -48.00 | -14.00 | 2.00 |
| Cash from Financing Activity | 211.00 | -19.00 | 854.00 | 439.00 | 169.00 | 55.00 | 33.00 | -10.00 | 4.00 | 57.00 | 17.00 | -6.00 |
| Net Cash Flow | -233.00 | -317.00 | 453.00 | 84.00 | 12.00 | 2.00 | 2.00 | 0.00 | 0.00 | -1.00 | -3.00 | -8.00 |
| Free Cash Flow | -466.00 | -305.00 | -305.00 | -363.00 | -157.00 | -53.00 | -30.00 | 10.00 | -5.00 | -63.00 | -29.00 | -16.00 |
| CFO/OP % | 65.00 | 76.00 | 12.00 | 14.00 | 17.00 | 39.00 | 43.00 | 60.00 | 26.00 | -400.00 | 994.00 | 157.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 119.00 | 122.00 | 141.00 | 145.00 | 101.00 | 88.00 | 76.00 | 87.00 | 88.00 | 167.00 | 4,358.00 | 94.00 |
| Inventory Days | 429.00 | 377.00 | 411.00 | 301.00 | 221.00 | 141.00 | 166.00 | 133.00 | 149.00 | 629.00 | 9,733.00 | 52.00 |
| Days Payable | 129.00 | 111.00 | 113.00 | 99.00 | 95.00 | 82.00 | 88.00 | 76.00 | 92.00 | 575.00 | 1,922.00 | 172.00 |
| Cash Conversion Cycle | 418.00 | 388.00 | 439.00 | 348.00 | 227.00 | 147.00 | 153.00 | 144.00 | 144.00 | 220.00 | 12,169.00 | -25.00 |
| Working Capital Days | 200.00 | 277.00 | 360.00 | 268.00 | 82.00 | 36.00 | 32.00 | 11.00 | 49.00 | -18.00 | 9,037.00 | -794.00 |
| ROCE % | 10.00 | 10.00 | 8.00 | 18.00 | 30.00 | 33.00 | 32.00 | 28.00 | 14.00 | 2.00 | 0.00 | -1.00 |
Corporate Actions
No corporate actions recorded.
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update26 May from icra
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Rating update30 Sep 2025 from icra
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Rating update10 Jan 2025 from icra
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Rating update10 Apr 2024 from icra
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Rating update6 Dec 2023 from icra
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Rating update9 Oct 2023 from crisil