
About Aether Industries Limited
Data last updated:
Aether Industries Limited is a public limited company based in Surat, Gujarat, India. It specialises in pharma contract r and d, a part of the broader pharmaceuticals sector. Incorporated on 23 January 2013, the company has been in operation for over 13 years.
Registered with ROC Ahmedabad under CIN L24100GJ2013PLC073434. Listed on BSE: 543534.
Capital: an authorised share capital of ₹147.5 Cr and a paid-up capital of ₹132.71 Cr. It is led by directors including Arun Brijmohan Kanodiya and Jeevan Lal Nagori.
Last AGM: 12 September 2025. Financial statements filed for year ended 31 March 2025. Office: Plot No. 8203 Gidc Sachin, Surat, Gujarat, India – 394230.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,160.14 Cr, a growth of 37.96% compared to the previous year. The net worth stands at ₹2,455.89 Cr (up 10.33% YoY). Total assets are valued at ₹2,913.83 Cr (up 20.12% YoY).
The company has a workforce of approximately 926 employees as per the latest available data. Its group structure includes 1 subsidiary.
The company is associated with 1 brand - Aether Industries. As per MCA filings, the company has open charges of ₹348 Cr and satisfied charges of ₹31.8 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aether.co.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 8203 Gidc Sachin, Surat, Gujarat, India – 394230
- IndustryPharma, Pharma Contract R&D
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Aether Industries
Aether Industries has one previous CIN (Corporate Identification Number): U24100GJ2013PLC073434. The current CIN is L24100GJ2013PLC073434, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24100GJ2013PLC073434 | Current |
| U24100GJ2013PLC073434 | Previous |
Associated Brands with Aether Industries
Aether Industries operates one associated brand: Aether Industries. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Advanced intermediates and active ingredients are manufactured for multiple industries. | aether.co.in |
Competitors & Alternatives of Aether Industries
Brands and companies operating in the same space as Aether Industries Limited include Inventys, Shogun Organics, Alkyl Amines Chemicals and 4 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Actives, advanced intermediates, and specialty chemicals are custom manufactured. | Mumbai, India, India | 2005 |
| | Contract manufacturer of chemicals used in household insecticide products | Mumbai, India, India | 2002 |
| | Aliphatic amines, derivatives, and specialty amines are supplied to industries. | Navi Mumbai, India, India | 1979 |
| | Contract manufacturer of pharma chemicals | Vadodara, India, India | 1990 |
| | Provides speciality chemicals, supports import substitution, and engages in chemical events. | Mumbai, India, India | 1965 |
| | Produces fragrances, aroma chemicals, and flavor solutions for industries. | Thane, India, India | 2012 |
| | Produces and supplies aroma chemicals, fragrances, and camphor products for industrial use. | Bengaluru, India, India | 1985 |
Business Activity of Aether Industries
The main business activity of Aether Industries is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details for Aether Industries Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Aether Industries
Aether Industries Limited is audited by BIRJU S. SHAH & ASSOCIATES for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| BIRJU S. SHAH & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history for Aether Industries Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Aether Industries Limited
Aether Industries has 12 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Arun Brijmohan Kanodiya Also directs: Haryana Petrochemicals Limited, Kalamandir Jewellers Limited | Director | 01 Mar 2018 | 8 Years 7 Months | Current |
| Jeevan Lal Nagori Also directs: J L N U S and Co LLP, Contraxia Private Limited, Hra Constructions Private Limited and 2 more | Director | 01 Mar 2018 | 8 Years 7 Months | Current |
| Rohan Ashwin Desai | Whole-Time Director | 23 Jan 2013 | 13 Years 8 Months | Current |
| Aman Ashwinbhai Desai Also directs: Zero One Growth LLP, Aether Speciality Chemicals Limited | Whole-Time Director | 25 Aug 2014 | 12 Years 1 Months | Current |
| Leja Satish Hattiangadi Also directs: Alkyl Amines Chemicals Limited | Director | 01 Oct 2021 | 5 Years 0 Months | Current |
| Purnima Desai Ashwin | Whole-Time Director | 23 Jan 2013 | 13 Years 8 Months | Current |
Financials of Aether Industries Limited FY 2025-26 filings available
Aether Industries Limited reported revenue of ₹1,160.14 Cr (up 37.96% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Income statement | |||||
| Revenue | 1,160 | 841 | 599 | 651 | 590 |
| Revenue growth | +32.1% | +26.9% | +3.4% | +10.1% | +9997.0% |
| EBITDA | 355 | 231 | 118 | 186 | 168 |
| EBITDA margin | +30.6% | +27.5% | +19.8% | +28.6% | +28.5% |
| Profit before tax | 291 | 213 | 110 | 174 | 146 |
| Net profit | 226 | 167 | 92.45 | 130 | 109 |
| Net profit margin | +19.5% | +19.9% | +15.4% | +19.9% | +18.4% |
| EPS (₹) | 16.54 | 11.95 | 6.22 | 10.47 | 9.67 |
| Balance sheet | |||||
| Total assets | 2,914 | 2,426 | 2,246 | 1,260 | 678 |
| Net worth | 2,456 | 2,226 | 2,063 | 1,245 | 387 |
| Total debt | 458 | 200 | 183 | 15.72 | 291 |
| Cash & bank | 5.66 | 239 | 556 | 102 | 18.02 |
| Net working capital | 958 | 975 | 1,185 | 581 | 314 |
| Cash flow | |||||
| Cash from operations | 142 | 100 | (16.46) | (6.56) | (5.44) |
| Cash from investing | (619) | (418) | (424) | (348) | (151) |
| Cash from financing | 244 | 1.25 | 894 | 439 | 169 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 327 | 305 | 319 | 280 | 257 | 240 | 220 | 199 |
| Revenue growth (YoY) | +27.3% | +27.0% | +45.1% | +40.9% | +42.6% | +104.4% | +41.4% | +21.1% |
| Other income | 7.69 | 11.22 | (1.55) | 8.69 | 2.08 | 5.07 | 13.64 | 10.97 |
| EBITDA | 103 | 81.35 | 110 | 85.33 | 78.55 | 76.81 | 62.02 | 50.30 |
| EBITDA margin | +31.5% | +26.7% | +34.5% | +30.5% | +30.6% | +32.0% | +28.2% | +25.3% |
| Depreciation | 21.42 | 18.42 | 17.27 | 16.53 | 14.20 | 13.01 | 11.06 | 10.80 |
| Interest | 5.58 | 6.14 | 3.92 | 3.23 | 4.80 | 5.13 | 3.21 | 1.96 |
| Profit before tax | 83.46 | 68.01 | 87.18 | 74.26 | 61.63 | 63.74 | 61.39 | 48.51 |
| Tax | 20.70 | 14.01 | 22.69 | 20.31 | 14.61 | 13.43 | 18.00 | 13.72 |
| Net profit | 62.76 | 54.00 | 64.49 | 53.95 | 47.02 | 50.31 | 43.39 | 34.79 |
| EPS (₹) | 4.76 | 4.07 | 4.86 | 4.07 | 3.55 | 3.79 | 3.27 | 2.63 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 940 | 791 | 597 | 651 | 590 | 450 | 302 |
| Revenue growth | +13.6% | +20.1% | +3.0% | +10.1% | +24.9% | +46.9% | +49.8% |
| EBITDA | 286 | 215 | 118 | 186 | 168 | 112 | 71.75 |
| EBITDA margin | +30.5% | +27.2% | +19.7% | +28.6% | +28.5% | +24.9% | +23.8% |
| Profit before tax | 235 | 205 | 114 | 174 | 146 | 93.80 | 56.50 |
| Net profit | 180 | 161 | 98.31 | 130 | 109 | 71.05 | 39.95 |
| Net profit margin | +19.2% | +20.4% | +16.5% | +19.9% | +18.4% | +15.8% | +13.2% |
| EPS (₹) | 13.08 | 11.47 | 6.65 | 10.47 | 9.67 | 70.42 | 46.68 |
| Balance sheet | |||||||
| Total assets | 2,766 | 2,362 | 2,213 | 1,260 | 678 | 386 | 251 |
| Net worth | 2,409 | 2,225 | 2,069 | 1,245 | 387 | 174 | 103 |
| Total debt | 356 | 137 | 144 | 15.72 | 291 | 211 | 147 |
| Cash & bank | 5.66 | 239 | 556 | 102 | 18.02 | 5.56 | 3.60 |
| Net working capital | 864 | 961 | 1,274 | 581 | 314 | 154 | 106 |
| Cash flow | |||||||
| Cash from operations | 146 | 117 | (1.96) | (6.55) | (5.44) | 23.20 | 17.70 |
| Cash from investing | (590) | (415) | (399) | (348) | (151) | (76.59) | (48.01) |
| Cash from financing | 211 | (19.42) | 854 | 439 | 169 | 55.36 | 32.62 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 257 | 237 | 258 | 230 | 215 | 215 | 197 | 196 |
| Revenue growth (YoY) | +19.4% | +10.6% | +30.5% | +16.9% | +19.3% | +86.6% | +27.1% | +19.7% |
| Other income | 9.86 | 9.67 | 0.25 | 9.67 | 2.69 | 5.61 | 14.05 | 12.70 |
| Total expenses | 177 | 177 | 168 | 161 | 148 | 150 | 140 | 145 |
| EBITDA | 79.74 | 60.45 | 89.84 | 68.92 | 66.53 | 64.58 | 57.04 | 51.51 |
| EBITDA margin | +31.1% | +25.5% | +34.9% | +30.0% | +31.0% | +30.1% | +28.9% | +26.2% |
| Depreciation | 20.17 | 16.97 | 15.73 | 15.27 | 12.82 | 11.64 | 10.49 | 10.52 |
| Interest | 3.54 | 4.61 | 2.57 | 1.81 | 3.25 | 2.49 | 3.21 | 1.89 |
| Profit before tax | 65.89 | 48.54 | 71.79 | 61.51 | 53.15 | 56.06 | 57.39 | 51.80 |
| Tax | 17.58 | 10.61 | 19.82 | 17.93 | 13.00 | 13.13 | 16.53 | 13.72 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 327 | 305 | 319 | 280 | 257 | 240 | 220 | 199 |
| Revenue growth (YoY) | +27.3% | +27.0% | +45.1% | +40.9% | +42.6% | +104.4% | +41.4% | +21.1% |
| Other income | 7.69 | 11.22 | (1.55) | 8.69 | 2.08 | 5.07 | 13.64 | 10.97 |
| EBITDA | 103 | 81.35 | 110 | 85.33 | 78.55 | 76.81 | 62.02 | 50.30 |
| EBITDA margin | +31.5% | +26.7% | +34.5% | +30.5% | +30.6% | +32.0% | +28.2% | +25.3% |
| Depreciation | 21.42 | 18.42 | 17.27 | 16.53 | 14.20 | 13.01 | 11.06 | 10.80 |
| Interest | 5.58 | 6.14 | 3.92 | 3.23 | 4.80 | 5.13 | 3.21 | 1.96 |
| Profit before tax | 83.46 | 68.01 | 87.18 | 74.26 | 61.63 | 63.74 | 61.39 | 48.51 |
| Tax | 20.70 | 14.01 | 22.69 | 20.31 | 14.61 | 13.43 | 18.00 | 13.72 |
| Net profit | 62.76 | 54.00 | 64.49 | 53.95 | 47.02 | 50.31 | 43.39 | 34.79 |
| EPS (₹) | 4.76 | 4.07 | 4.86 | 4.07 | 3.55 | 3.79 | 3.27 | 2.63 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Revenue | 1,160 | 841 | 599 | 651 | 590 |
| Revenue growth | +32.1% | +26.9% | +3.4% | +10.1% | +9997.0% |
| Other income | 20.93 | 39.76 | 39.21 | 16.57 | 6.97 |
| Total expenses | 805 | 610 | 481 | 465 | 422 |
| Employee cost | 62.73 | 46.21 | 38.63 | 34.46 | 27.04 |
| EBITDA | 355 | 231 | 118 | 186 | 168 |
| EBITDA margin | +30.6% | +27.5% | +19.8% | +28.6% | +28.5% |
| Depreciation | 66.42 | 45.01 | 39.67 | 23.25 | 15.49 |
| Interest | 18.09 | 12.93 | 8.52 | 5.09 | 13.12 |
| Profit before tax | 291 | 213 | 110 | 174 | 146 |
| Tax | 71.63 | 54.57 | 27.02 | 44.06 | 37.54 |
| Net profit | 226 | 167 | 92.45 | 130 | 109 |
| Net profit margin | +19.5% | +19.9% | +15.4% | +19.9% | +18.4% |
| EPS (₹) | 16.54 | 11.95 | 6.22 | 10.47 | 9.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Equity & liabilities | |||||
| Share capital | 133 | 133 | 133 | 125 | 113 |
| Reserves & surplus | 2,323 | 2,093 | 1,931 | 1,120 | 274 |
| Shareholders' funds (net worth) | 2,456 | 2,226 | 2,063 | 1,245 | 387 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 330 | 183 | 169 | 0.11 | 240 |
| Unsecured loans | 128 | 17.34 | 14.38 | 15.61 | 50.57 |
| Total debt | 458 | 200 | 183 | 15.72 | 291 |
| Total liabilities | 2,914 | 2,426 | 2,246 | 1,260 | 678 |
| Assets | |||||
| Gross block | 1,704 | 1,270 | 963 | 717 | 305 |
| Net block | 1,496 | 1,117 | 853 | 646 | 257 |
| Capital work in progress | 516 | 363 | 232 | 37.17 | 57.74 |
| Investments | 0.21 | 0.21 | 0.21 | 1.21 | 17.22 |
| Inventories | 537 | 397 | 343 | 249 | 163 |
| Sundry debtors | 390 | 289 | 233 | 259 | 163 |
| Cash & bank balances | 5.66 | 239 | 556 | 102 | 18.02 |
| Loans & advances | 238 | 217 | 171 | 64.13 | 48.54 |
| Total current assets | 1,171 | 1,141 | 1,303 | 674 | 393 |
| Total current liabilities | 214 | 166 | 118 | 92.82 | 78.32 |
| Net working capital | 958 | 975 | 1,185 | 581 | 314 |
| Total assets | 2,914 | 2,426 | 2,246 | 1,260 | 678 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Opening cash | 239 | 556 | 102 | 18.02 | 5.56 |
| Net cash from operating activities | 142 | 100 | (16.46) | (6.56) | (5.44) |
| Net cash from investing activities | (619) | (418) | (424) | (348) | (151) |
| Net cash from financing activities | 244 | 1.25 | 894 | 439 | 169 |
| Net change in cash | (233) | (317) | 453 | 84.27 | 12.45 |
| Closing cash | 5.66 | 239 | 556 | 102 | 18.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
|---|---|---|---|---|---|
| Growth | |||||
| Sales growth | +38.0% | +40.4% | -8.0% | +10.3% | +9997.0% |
| EBITDA growth | +53.4% | +95.1% | -36.4% | +10.8% | +9997.0% |
| PBT growth | +36.7% | +94.5% | -37.2% | +19.1% | +9997.0% |
| Net income growth | +35.3% | +80.9% | -28.8% | +19.4% | +9997.0% |
| Revenue CAGR (3Y) | +21.2% | +12.5% | - | - | - |
| EBITDA CAGR (3Y) | +24.0% | +11.2% | - | - | - |
| Profitability & leverage | |||||
| Net income margin | +18.9% | +18.8% | +13.8% | +20.0% | +18.5% |
| Return on capital employed | +11.6% | +9.7% | +7.5% | +18.5% | +23.6% |
| Return on net worth | +9.4% | +7.4% | +5.6% | +16.0% | +28.2% |
| Debt / equity | 0.14 | 0.09 | 0.06 | 0.19 | 0.75 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.09 | 0.33 |
| Interest cover | 6.28 | 6.95 | 10.81 | 3.12 | 8.60 |
| Efficiency & per share | |||||
| Fixed asset turnover | 0.78 | 0.75 | 0.71 | 1.27 | 1.94 |
| Inventory turnover | 2.48 | 2.27 | 2.02 | 3.16 | 3.63 |
| Debtors turnover | 3.42 | 3.23 | 2.44 | 3.08 | 3.61 |
| EPS (₹) | 16.54 | 11.95 | 6.22 | 10.47 | 9.67 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 185.10 | 167.88 | 155.66 | 99.96 | 34.33 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 257 | 237 | 258 | 230 | 215 | 215 | 197 | 196 |
| Revenue growth (YoY) | +19.4% | +10.6% | +30.5% | +16.9% | +19.3% | +86.6% | +27.1% | +19.7% |
| Other income | 9.86 | 9.67 | 0.25 | 9.67 | 2.69 | 5.61 | 14.05 | 12.70 |
| Total expenses | 177 | 177 | 168 | 161 | 148 | 150 | 140 | 145 |
| EBITDA | 79.74 | 60.45 | 89.84 | 68.92 | 66.53 | 64.58 | 57.04 | 51.51 |
| EBITDA margin | +31.1% | +25.5% | +34.9% | +30.0% | +31.0% | +30.1% | +28.9% | +26.2% |
| Depreciation | 20.17 | 16.97 | 15.73 | 15.27 | 12.82 | 11.64 | 10.49 | 10.52 |
| Interest | 3.54 | 4.61 | 2.57 | 1.81 | 3.25 | 2.49 | 3.21 | 1.89 |
| Profit before tax | 65.89 | 48.54 | 71.79 | 61.51 | 53.15 | 56.06 | 57.39 | 51.80 |
| Tax | 17.58 | 10.61 | 19.82 | 17.93 | 13.00 | 13.13 | 16.53 | 13.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 940 | 791 | 597 | 651 | 590 | 450 | 302 |
| Revenue growth | +13.6% | +20.1% | +3.0% | +10.1% | +24.9% | +46.9% | +49.8% |
| Other income | 21.54 | 42.50 | 44.26 | 16.57 | 6.97 | 3.97 | 1.98 |
| Total expenses | 654 | 575 | 479 | 465 | 422 | 338 | 230 |
| Employee cost | 62.42 | 45.94 | 38.61 | 34.46 | 27.04 | 22.11 | 13.38 |
| EBITDA | 286 | 215 | 118 | 186 | 168 | 112 | 71.75 |
| EBITDA margin | +30.5% | +27.2% | +19.7% | +28.6% | +28.5% | +24.9% | +23.8% |
| Depreciation | 60.78 | 42.80 | 39.42 | 23.25 | 15.49 | 11.01 | 7.85 |
| Interest | 12.24 | 10.23 | 8.52 | 5.09 | 13.12 | 11.32 | 9.38 |
| Profit before tax | 235 | 205 | 114 | 174 | 146 | 93.80 | 56.50 |
| Tax | 61.37 | 52.81 | 25.92 | 44.06 | 37.54 | 22.69 | 16.55 |
| Net profit | 180 | 161 | 98.31 | 130 | 109 | 71.05 | 39.95 |
| Net profit margin | +19.2% | +20.4% | +16.5% | +19.9% | +18.4% | +15.8% | +13.2% |
| EPS (₹) | 13.08 | 11.47 | 6.65 | 10.47 | 9.67 | 70.42 | 46.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 133 | 133 | 133 | 125 | 113 | 10.10 | 33.56 |
| Reserves & surplus | 2,277 | 2,093 | 1,936 | 1,120 | 274 | 164 | 69.72 |
| Shareholders' funds (net worth) | 2,409 | 2,225 | 2,069 | 1,245 | 387 | 174 | 103 |
| Secured loans | 229 | 120 | 129 | 0.11 | 240 | 196 | 123 |
| Unsecured loans | 128 | 17.34 | 14.38 | 15.61 | 50.57 | 15.64 | 23.97 |
| Total debt | 356 | 137 | 144 | 15.72 | 291 | 211 | 147 |
| Total liabilities | 2,766 | 2,362 | 2,213 | 1,260 | 678 | 386 | 251 |
| Assets | |||||||
| Gross block | 1,572 | 1,139 | 852 | 717 | 305 | 248 | 150 |
| Net block | 1,372 | 989 | 743 | 646 | 257 | 216 | 129 |
| Capital work in progress | 482 | 340 | 219 | 37.17 | 57.74 | 0.20 | 17.23 |
| Investments | 100 | 100 | 0.26 | 1.26 | 17.22 | 22.30 | 0.22 |
| Inventories | 500 | 386 | 341 | 249 | 163 | 84.73 | 71.94 |
| Sundry debtors | 306 | 264 | 230 | 259 | 163 | 108 | 62.97 |
| Cash & bank balances | 5.66 | 239 | 556 | 102 | 18.02 | 5.56 | 3.60 |
| Loans & advances | 220 | 221 | 255 | 64.13 | 48.54 | 12.90 | 9.27 |
| Total current assets | 1,031 | 1,110 | 1,382 | 674 | 393 | 211 | 148 |
| Total current liabilities | 167 | 149 | 108 | 92.82 | 78.32 | 57.14 | 42.22 |
| Net working capital | 864 | 961 | 1,274 | 581 | 314 | 154 | 106 |
| Total assets | 2,766 | 2,362 | 2,213 | 1,260 | 678 | 386 | 251 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 239 | 556 | 102 | 18.02 | 5.56 | 3.60 | 1.30 |
| Net cash from operating activities | 146 | 117 | (1.96) | (6.55) | (5.44) | 23.20 | 17.70 |
| Net cash from investing activities | (590) | (415) | (399) | (348) | (151) | (76.59) | (48.01) |
| Net cash from financing activities | 211 | (19.42) | 854 | 439 | 169 | 55.36 | 32.62 |
| Net change in cash | (233) | (317) | 453 | 84.23 | 12.45 | 1.96 | 2.30 |
| Closing cash | 5.66 | 239 | 556 | 102 | 18.02 | 5.56 | 3.60 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +18.9% | +32.6% | -8.4% | +10.3% | +31.1% | +49.1% | +50.1% |
| EBITDA growth | +33.0% | +83.0% | -36.8% | +10.8% | +49.9% | +56.3% | +51.0% |
| PBT growth | +14.7% | +79.7% | -34.7% | +19.1% | +56.2% | +66.0% | +73.3% |
| Net income growth | +12.0% | +63.7% | -24.3% | +19.4% | +53.0% | +77.9% | +71.2% |
| Revenue CAGR (3Y) | +13.0% | +10.2% | +9.8% | +29.2% | +43.2% | +60.6% | +131.2% |
| EBITDA CAGR (3Y) | +15.4% | +8.6% | +1.6% | +37.4% | +52.4% | +69.0% | +212.1% |
| Profitability & leverage | |||||||
| Net income margin | +18.5% | +19.2% | +14.8% | +20.0% | +18.5% | +15.8% | +13.2% |
| Return on capital employed | +9.6% | +9.4% | +7.8% | +18.5% | +30.0% | +33.1% | +31.7% |
| Return on net worth | +7.5% | +7.1% | +5.9% | +16.0% | +38.8% | +56.3% | +68.4% |
| Debt / equity | 0.11 | 0.07 | 0.05 | 0.19 | 0.89 | 1.29 | 1.49 |
| Long-term debt / equity | 0.01 | 0.01 | 0.01 | 0.09 | 0.42 | 0.64 | 0.74 |
| Interest cover | 5.42 | 5.93 | 10.89 | 3.12 | 8.60 | 11.19 | 14.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.69 | 0.79 | 0.76 | 1.27 | 2.13 | 2.26 | 2.24 |
| Inventory turnover | 2.12 | 2.17 | 2.02 | 3.16 | 4.77 | 5.75 | 5.40 |
| Debtors turnover | 3.30 | 3.20 | 2.44 | 3.08 | 4.34 | 5.26 | 5.43 |
| EPS (₹) | 13.08 | 11.47 | 6.65 | 10.47 | 9.67 | 70.42 | 46.68 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 181.59 | 167.82 | 156.09 | 99.96 | 34.33 | 172.62 | 91.45 |
Shareholding Pattern of Aether Industries Limited
Shareholding for the quarter ended Sep 2026: promoters hold 74.90%, foreign institutional investors hold 7.40%, domestic institutional investors hold 10.50% and retail and other public shareholders hold 7.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.90% | 75.00% | 75.00% | 75.00% |
| Public | 25.10% | 25.00% | 25.00% | 25.00% |
Group Structure of Aether Industries Limited
Aether Industries has 1 subsidiary company. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Aether Speciality Chemicals Limited | U24290GJ2022PLC135180 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Aether Industries
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Jul 2025 | Axis Bank Limited | ₹52 Cr | Open |
| 23 Feb 2023 | Others | ₹250 Cr | Open |
| 26 Dec 2018 | Hdfc Bank Limited | ₹46 Cr | Open |
| 30 Nov 2015 | State Bank of India | ₹31.8 Cr | Satisfied |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Aether Industries
Aether Industries Limited has a workforce of 926 employees as of Apr 04, 2024.
Employee and EPFO history for Aether Industries Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Aether Industries
GST registrations and filing compliance for Aether Industries Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Aether Industries
Credit ratings, litigation, and regulatory alerts for Aether Industries Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Aether Industries
MSME payment history for Aether Industries Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Aether Industries
Corporate group structure for Aether Industries Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Aether Industries
MCA filings and documents for Aether Industries Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Aether Industries
Recent News on Aether Industries
Frequently Asked Questions about Aether Industries Limited
Aether Industries is an active public limited company in the pharma sector based in Surat, Gujarat, India. It was incorporated on 23 January 2013 (13+ years old) and is registered under CIN L24100GJ2013PLC073434. Listed on BSE: 543534. The company has 926 employees.
Aether Industries reported revenue of ₹1,160.14 Cr for FY 2025-26 (up 37.96% YoY) based on consolidated financials.
The current directors of Aether Industries are:
- Arun Brijmohan Kanodiya - Director
- Jeevan Lal Nagori - Director
- Rohan Ashwin Desai - Whole-Time Director
- Aman Ashwinbhai Desai - Whole-Time Director
- Leja Satish Hattiangadi - Director
- Purnima Desai Ashwin - Whole-Time Director
- Rajkumar Mangilal Borana - Director
- Jitendra Popatlal Vakharia - Director
- Kamalvijay Ramchandra Tulsian - Director
- Ashwin Jayantilal Desai - Managing Director
- Amol Arvindrao Kulkarni - Director
- Ishita Surendra Manjrekar - Director
The primary industry of Aether Industries is pharma. The company specifically operates in pharma contract r and d. The company is currently active in this sector.
Yes. Aether Industries is listed on BSE with code 543534.
Aether Industries can be reached at the registered office: Plot No. 8203 Gidc Sachin, Surat, Gujarat, India – 394230, or through the website aether.co.in.