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 86.6x vs industry 47.1x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹18,830 | ₹1.7L Cr | 99.6 | 27.13 | 31.5 | 36.8 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,609 | ₹1.6L Cr | 64.7 | 15.18 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,818 | ₹85K Cr | 44.8 | 5.95 | 14.3 | 14.6 | 0.35 |
| LINDEINDIA Linde India Limited | ₹7,004 +0.11% | ₹61K Cr | 111 | 15.49 | 13.6 | 18.2 | 0.02 |
| COROMANDEL Coromandel International Limited | ₹2,054 +1.68% | ₹60K Cr | 30.9 | 4.12 | 16.4 | 22 | 0.11 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹833 +0.26% | ₹54K Cr | 3,642 | 41 | 1.61 | 8.65 | 2.79 |
| UPL UPL Limited | ₹607 | ₹52K Cr | 27.5 | 1.48 | 5.91 | 10.2 | 0.94 |
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% |
Latest News
All news →Aether Industries approves stock options for employees
*Aether Industries approves employee stock options.* The Nomination and Remuneration Committee approved the grant of **1,77,996 stock options** at **₹1,200** each with a face value of **₹10** per share under its ESOP scheme. This move aims to incentivize key personnel and align long-term goals. The decision follows SEBI Listing Regulations. 📊 *STOCKS:* AETHERIND | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #ESOP
Aether Industries allots 3,677 equity shares at ₹885
*Aether Industries allots 3,677 equity shares at ₹885*. The allotment was approved by the Nomination and Remuneration Committee on June 15, 2026. Shares were issued at a face value of ₹10 each. The move is part of employee stock exercise or compensation. 📊 *STOCKS:* AETHERIND | 🏢 *SECTOR:* Corporate | #LOWIMPACT #EquityAllotment
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 ▲9.4% | ₹256 Cr ▲6.7% | ₹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 ▲38.3% | ₹839 Cr ▲40.3% | ₹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 ▲51.0% | ₹241 Cr ▲82.6% | ₹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 ▼60.0% | ₹30 Cr ▲20.0% | ₹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 ▲34.8% | ₹1.1K Cr ▲30.9% | ₹853 Cr ▲32.0% | ₹646 Cr ▲151.4% | ₹257 Cr |
| CWIP | ₹506 Cr ▲39.4% | ₹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 ▲12100.0% | ₹2 Cr ▼99.8% | ₹894 Cr ▲103.6% | ₹439 Cr ▲159.8% | ₹169 Cr |
| Net Cash Flow | ₹-233 Cr ▲26.3% | ₹-316 Cr ▼169.8% | ₹453 Cr ▲439.3% | ₹84 Cr ▲600.0% | ₹12 Cr |
| Free Cash Flow | ₹-390 Cr ▼10.8% | ₹-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 ▼2.4% | 126d ▼11.3% | 142d ▼2.1% | 145d ▲43.6% | 101d |
| Inventory Days | 326d ▼8.4% | 356d ▼13.4% | 411d ▲36.5% | 301d ▲36.2% | 221d |
| Days Payable | 120d ▲5.3% | 114d ▼8.1% | 124d ▲25.3% | 99d ▲4.2% | 95d |
| Cash Conv. Cycle | 330d ▼10.1% | 367d ▼14.5% | 429d ▲23.3% | 348d ▲53.3% | 227d |
| Working Capital Days | 160d ▼32.8% | 238d ▼14.7% | 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]
Chemicals · Chemicals & Petrochemicals