Aether Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Low debt relative to equity (D/E 0.2x)
Concerns
- Premium to sector peers (P/E 78.2x vs industry 37x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹19,240 | ₹1.7L Cr | 83.4 | 27.72 | 32.6 | 38.1 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,390 | ₹1.5L Cr | 57.2 | 13.11 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,350 | ₹68K Cr | 29 | 4.55 | 14.3 | 14.6 | 0.35 |
| COROMANDEL Coromandel International Limited | ₹— | ₹51K Cr | 27.1 | 4.12 | 16.4 | 22 | 0.11 |
| LINDEINDIA Linde India Limited | ₹— | ₹49K Cr | 89.3 | 15.49 | 13.6 | 18.2 | 0.02 |
| FLUOROCHEM Gujarat Fluorochemicals Limited | ₹— | ₹47K Cr | 75.3 | 5.25 | 7.82 | 9.64 | 0.29 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹— | ₹43K Cr | 2,930 | 41 | 1.61 | 8.65 | 2.79 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
AETHER · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 81.79% | 81.79% | 81.79% | 81.78% | 81.77% | 81.77% |
| FII | 1.97% | 2.22% | 2.90% | 3.17% | 3.32% | 3.33% |
| DII | 11.79% | 11.82% | 11.55% | 11.63% | 11.49% | 11.43% |
| Public | 4.44% | 4.16% | 3.74% | 3.40% | 3.41% | 3.47% |
Corporate Events
To consider and approve the financial results for the period ended September 30, 2026 and other business matters.
This is to inform that in accordance with Regulation 29 of the SEBI (Listing Obligation andDisclosure Requirements) Regulations, 2015, as amended, the Meeting of the Board ofDirectors of the Company is scheduled to be held on Friday, July 31, 2026, as ann
Latest News
All newsAether Industries receives credit rating update
*Aether Industries receives credit rating update.* The company's latest credit rating has been disclosed in a regulatory filing. This assessment reflects its current debt servicing capability and financial health. No immediate financial stress is indicated. 📊 *STOCKS:* $AETHER | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #CreditRating
Aether Industries announces outcome of board meeting.
*Aether Industries announces outcome of board meeting.* The company disclosed the results of its recent board meeting, covering routine corporate matters. No major strategic announcements or financial deviations were reported. Details remain in line with standard periodic disclosures. 📊 *STOCKS:* AETHERIND | 🏢 *SECTOR:* Pharma | #LOWIMPACT #BoardMeeting
Aether Industries partners with Dow Chemical on silicone tech
*Aether Industries partners with Dow Chemical on silicone tech.* The collaboration focuses on advancing silicone manufacturing technology in India through joint R&D efforts. This strategic tie-up enhances Aether’s technical capabilities and could open new revenue streams. **No financial details or immediate commercial impact disclosed.** 📊 *STOCKS:* $AETHER | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #Partnership
Aether Industries to host investor meet on October 30
*Aether Industries to host investor meet on October 30* to discuss business updates and strategy. The session scheduled for **14:00 Hrs** will include insights from management. Institutional investors and analysts are expected to attend. This event may clarify near-term outlook and guidance. 📊 *STOCKS:* $AETHERIND | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Aether Industries receives ESG rating from Crisil
*Aether Industries receives ESG rating from Crisil.* M/s. Crisil ESG Ratings & Analytics Limited has issued an ESG rating for the company. This reflects the firm's commitment to environmental, social, and governance parameters. While not a financial event, it may influence long-term investor sentiment. 📊 *STOCKS:* AETHERIND | 🏢 *SECTOR:* Corporate | #LOWIMPACT #ESG
Aether Industries to host investor meet in Mumbai
*Aether Industries to host investor meet in Mumbai.* The company will engage with analysts and institutional investors to discuss business updates. The schedule of meetings is attached in the filing. No financial figures or strategic announcements were disclosed. 📊 *STOCKS:* $AETHERIND | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorMeet
Aether Industries to hold shareholder meeting on Sept 11, 2026
*Aether Industries to hold shareholder meeting on Sept 11, 2026.* The event is a routine corporate disclosure with no immediate financial impact. Details on agenda items are not specified in the filing. Likely procedural or governance-related discussions expected. 📊 *STOCKS:* $AETHERIND | 🏢 *SECTOR:* Pharma | #LOWIMPACT #ShareholderMeeting
Aether Industries allots 15,269 shares under ESOP scheme
*Aether Industries allots 15,269 shares under ESOP scheme* pursuant to its Employee Stock Option Scheme 2021. The shares were issued at an exercise price of **₹885** each with a face value of **₹10**. This is a routine employee stock option exercise and does not indicate any major operational shift. 📊 *STOCKS:* $AETHERIND | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #ESOP
Aether Industries hosts analyst and investor meet
*Aether Industries hosts analyst and investor meet.* The company shared operational and strategic updates during the recent investor interaction. No major financial figures or announcements were disclosed. The session aimed to enhance transparency and investor engagement. 📊 *STOCKS:* $AETHER | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #InvestorMeet
Aether Industries shares up after investor presentation
*Aether Industries shares saw movement following an investor presentation.* The update highlighted the company’s growth strategy and financial outlook. No major financial figures or surprises were disclosed. **Order book stands at ₹**1,200** crore**, with capacity utilization near **85%**. 📊 *STOCKS:* AETHERIND | 🏢 *SECTOR:* CapitalMarkets | #LOWIMPACT #InvestorPresentation
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹305 Cr 4.4% | ₹319 Cr 13.9% | ₹280 Cr 8.9% | ₹257 Cr 7.1% | ₹240 Cr 9.1% | ₹220 Cr 10.6% | ₹199 Cr 10.6% | ₹180 Cr |
| Op. Profit | ₹83 Cr 25.9% | ₹112 Cr 27.3% | ₹88 Cr 8.6% | ₹81 Cr 1.3% | ₹80 Cr 23.1% | ₹65 Cr 20.4% | ₹54 Cr 25.6% | ₹43 Cr |
| OPM | 27.0% 22.9% | 35.0% 12.9% | 31.0% 3.1% | 32.0% 3.0% | 33.0% 13.8% | 29.0% 7.4% | 27.0% 12.5% | 24.0% |
| Net Profit | ₹54 Cr 15.6% | ₹64 Cr 18.5% | ₹54 Cr 14.9% | ₹47 Cr 6.0% | ₹50 Cr 16.3% | ₹43 Cr 22.9% | ₹35 Cr 16.7% | ₹30 Cr |
| EPS (₹) | 4.07 16.3% | 4.86 19.4% | 4.07 14.6% | 3.55 6.3% | 3.79 15.9% | 3.27 24.3% | 2.63 16.4% | 2.26 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Revenue | ₹1.2K Cr 37.9% | ₹841 Cr 40.6% | ₹598 Cr 8.1% | ₹651 Cr 10.3% | ₹590 Cr |
| Expenses | ₹796 Cr 33.1% | ₹598 Cr 28.3% | ₹466 Cr 0.2% | ₹465 Cr 10.2% | ₹422 Cr |
| Op. Profit | ₹364 Cr 49.8% | ₹243 Cr 84.1% | ₹132 Cr 29.0% | ₹186 Cr 10.7% | ₹168 Cr |
| OPM | 31.0% 6.9% | 29.0% 31.8% | 22.0% 24.1% | 29.0% 3.6% | 28.0% |
| Other Income | ₹12 Cr 57.1% | ₹28 Cr 12.0% | ₹25 Cr 47.1% | ₹17 Cr 142.9% | ₹7 Cr |
| Interest | ₹18 Cr 38.5% | ₹13 Cr 44.4% | ₹9 Cr 80.0% | ₹5 Cr 61.5% | ₹13 Cr |
| Depreciation | ₹66 Cr 46.7% | ₹45 Cr 12.5% | ₹40 Cr 73.9% | ₹23 Cr 53.3% | ₹15 Cr |
| PBT | ₹291 Cr 36.6% | ₹213 Cr 93.6% | ₹110 Cr 36.8% | ₹174 Cr 19.2% | ₹146 Cr |
| Tax % | 25.0% 3.8% | 26.0% 4.0% | 25.0% 0.0% | 25.0% 3.8% | 26.0% |
| Net Profit | ₹219 Cr 38.6% | ₹158 Cr 92.7% | ₹82 Cr 36.9% | ₹130 Cr 19.3% | ₹109 Cr |
| EPS (₹) | 16.54 38.4% | 11.95 92.1% | 6.22 40.6% | 10.47 8.3% | 9.67 |
| Div Payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
Liabilities | |||||
| Equity Capital | ₹133 Cr 0.0% | ₹133 Cr 0.0% | ₹133 Cr 6.4% | ₹125 Cr 10.6% | ₹113 Cr |
| Reserves | ₹2.3K Cr 11.0% | ₹2.1K Cr 8.4% | ₹1.9K Cr 72.4% | ₹1.1K Cr 308.8% | ₹274 Cr |
| Borrowings | ₹458 Cr 129.0% | ₹200 Cr 9.3% | ₹183 Cr 1043.8% | ₹16 Cr 94.5% | ₹291 Cr |
| Other Liabilities | ₹288 Cr 32.1% | ₹218 Cr 41.6% | ₹154 Cr 28.3% | ₹120 Cr 30.4% | ₹92 Cr |
| Total Liabilities | ₹3.2K Cr 21.1% | ₹2.6K Cr 10.1% | ₹2.4K Cr 74.0% | ₹1.4K Cr 79.2% | ₹770 Cr |
Assets | |||||
| Fixed Assets | ₹1.5K Cr 33.9% | ₹1.1K Cr 30.9% | ₹853 Cr 32.0% | ₹646 Cr 151.4% | ₹257 Cr |
| CWIP | ₹516 Cr 42.1% | ₹363 Cr 56.5% | ₹232 Cr 527.0% | ₹37 Cr 36.2% | ₹58 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr 100.0% | ₹1 Cr 94.1% | ₹17 Cr |
| Other Assets | ₹1.2K Cr 2.2% | ₹1.2K Cr 11.6% | ₹1.3K Cr 89.2% | ₹695 Cr 58.7% | ₹438 Cr |
| Total Assets | ₹3.2K Cr 21.1% | ₹2.6K Cr 10.1% | ₹2.4K Cr 74.0% | ₹1.4K Cr 79.2% | ₹770 Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Operating CF | ₹142 Cr 42.0% | ₹100 Cr 725.0% | ₹-16 Cr 128.6% | ₹-7 Cr 40.0% | ₹-5 Cr |
| Investing CF | ₹-619 Cr 48.1% | ₹-418 Cr 1.4% | ₹-424 Cr 21.8% | ₹-348 Cr 130.5% | ₹-151 Cr |
| Financing CF | ₹244 Cr 24300.0% | ₹1 Cr 99.9% | ₹894 Cr 103.6% | ₹439 Cr 159.8% | ₹169 Cr |
| Net Cash Flow | ₹-233 Cr 26.5% | ₹-317 Cr 170.0% | ₹453 Cr 439.3% | ₹84 Cr 600.0% | ₹12 Cr |
| Free Cash Flow | ₹-481 Cr 36.6% | ₹-352 Cr 20.7% | ₹-444 Cr 22.3% | ₹-363 Cr 131.2% | ₹-157 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|
| Debtor Days | 123d 1.6% | 125d 12.0% | 142d 2.1% | 145d 43.6% | 101d |
| Inventory Days | 345d 3.1% | 356d 13.4% | 411d 36.5% | 301d 36.2% | 221d |
| Days Payable | 126d 10.5% | 114d 8.1% | 124d 25.3% | 99d 4.2% | 95d |
| Cash Conv. Cycle | 341d 7.1% | 367d 14.5% | 429d 23.3% | 348d 53.3% | 227d |
| Working Capital Days | 160d 33.1% | 239d 14.3% | 279d 4.1% | 268d 226.8% | 82d |
| ROCE | 12.0% 20.0% | 10.0% 42.9% | 7.0% 61.1% | 18.0% | — |
Source: Screener.in · Lower days = better efficiency
About Aether Industries Limited
Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol.[1]
ChemicalsChemicals & Petrochemicals