Aether Industries Limited

BSE: 543534
Aether Industries Limited - pharma in Surat, Gujarat, India. FY 2026 financials and compliance.
CIN L24100GJ2013PLC073434 Incorporated 23 January 2013 ROC Ahmedabad HQ Surat, Gujarat, India
Active Listed - BSE: 543534 Public Limited Company pharma
Data last updated
Revenue · FY 2026
₹1,160.14 Cr
▲ 38.33% YoY
EBITDA · FY 2026
₹384.56 Cr
▲ 35.98% YoY
Net profit · FY 2026
₹229.71 Cr
▲ 45% YoY
Authorised capital
₹147.5 Cr
Registered with MCA
Paid-up capital
₹132.63 Cr
Issued & subscribed
Open charges
₹298 Cr
Satisfied ₹31.8 Cr
Company age
13 yrs
Est. 2013
Employees · EPFO
926
Latest available

About Aether Industries Limited

Data last updated: 05 January 2026

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 ₹132.63 Cr. It is led by directors including Arun Brijmohan Kanodiya and Ishita Surendra Manjrekar.

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 financials filed for FY 2025, the company reported a revenue of ₹880.33 Cr, a growth of 38% compared to the previous year.

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 ₹298 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.

Company Details of Aether Industries Limited
CIN L24100GJ2013PLC073434
Registration Number 073434
Incorporation Date 23 January 2013
ROC Ahmedabad
Listing Status Listed (BSE: 543534)
Company Status Active
Date of Last AGM 12 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Key People
Ashwin Jayantilal Desai Managing Director Aman Ashwinbhai Desai Whole-Time Director Purnima Desai Ashwin Whole-Time Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    aether.co.in
  • Social Media
  • Registered Address
    Plot No. 8203 Gidc Sachin, Surat, Gujarat, India – 394230
  • Industry
    Pharma, Pharma Contract R&D
Company report
Aether Industries Limited - full intelligence report
  • 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
₹799 ₹999 20% off
Secure checkout · GST invoice included

Unlock the full Aether Industries Limited report

Financials, compliance, directors, charges, ownership and filings for Aether Industries Limited in one report.

10-year financials Directors & ownership Charges & compliance

CIN History of Aether Industries Limited

Aether Industries Limited 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 Limited

Aether Industries Limited operates one associated brand: Aether Industries. These brands represent Aether Industries Limited's diversified market presence and brand portfolio.

Brand Description Website
Aether Industries
Advanced intermediates and active ingredients are manufactured for multiple industries. aether.co.in

Competitors & Alternatives of Aether Industries Limited

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
Inventys Inventys Actives, advanced intermediates, and specialty chemicals are custom manufactured. Mumbai, India, India 2005
Shogun Organics Shogun Organics Contract manufacturer of chemicals used in household insecticide products Mumbai, India, India 2002
Alkyl Amines Chemicals Alkyl Amines Chemicals Aliphatic amines, derivatives, and specialty amines are supplied to industries. Navi Mumbai, India, India 1979
Evexia Lifecare Evexia Lifecare Contract manufacturer of pharma chemicals Vadodara, India, India 1990
Auchtel Auchtel Provides speciality chemicals, supports import substitution, and engages in chemical events. Mumbai, India, India 1965
Aquila Organics Aquila Organics Produces fragrances, aroma chemicals, and flavor solutions for industries. Thane, India, India 2012
Florachem Aromatics Florachem Aromatics Produces and supplies aroma chemicals, fragrances, and camphor products for industrial use. Bengaluru, India, India 1985

Business Activity of Aether Industries Limited

Aether Industries Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 *********

Auditor Details of Aether Industries Limited

Aether Industries Limited is audited by Suresh I. Surana & Associates (ICAI peer reviewed, certificate valid till 2026-12-31) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.

Name Financial year Audit opinion
Suresh I. Surana & Associates (ICAI peer reviewed, certificate valid till 2026-12-31) FY 2026 Declaration of unmodified opinion

Board of Directors of Aether Industries Limited

Aether Industries Limited is currently managed by 14 directors, with 11 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Arun Brijmohan Kanodiya
Also directs: Aether Industries Limited, Haryana Petrochemicals Limited, Kalamandir Jewellers Limited
Director 01 Mar 2018 8 Years 4 Months Current
Ishita Surendra Manjrekar
Also directs: Aether Industries Limited, Sunworks Chemicals Private Limited, Sunanda Speciality Coatings Pvt Ltd and 2 more
Director 20 Jun 2018 8 Years 0 Months Current
Aman Ashwinbhai Desai
Also directs: Aether Industries Limited, Zero One Growth Llp, Aether Speciality Chemicals Limited
Whole-Time Director 25 Aug 2014 11 Years 10 Months Current
Kamalvijay Ramchandra Tulsian
Also directs: Aether Industries Limited, Sankalp Paper Mills Private Limited, Surat Mega Textile Processing Park Association and 5 more
Director 22 May 2018 8 Years 1 Months Current
Jitendra Popatlal Vakharia
Also directs: Aether Industries Limited, Surat Mega Textile Processing Park Association, Pandesara Infrastructure Limited and 2 more
Director 17 Nov 2021 4 Years 7 Months Current
Jeevan Lal Nagori
Also directs: J L N U S And Co Llp, Aether Industries Limited, Contraxia Private Limited and 3 more
Director 01 Mar 2018 8 Years 4 Months Current
Showing 6 of 14 current directors. View all directors

Financials of Aether Industries Limited FY 2026 filings available

Aether Industries Limited reported revenue of ₹1,160.14 Cr (up 38.33% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue · FY 2026
₹1,160.14 Cr ▲ 38.33%
Profit · FY 2026
₹229.71 Cr ▲ 45%
EBITDA · FY 2026
₹384.56 Cr ▲ 35.98%
Revenue₹ Cr · Consolidated05001,0001,500FY 2023: ₹651 Cr651FY 2023FY 2024: ₹598 Cr · -8.1% YoY598-8.1%FY 2024FY 2025: ₹839 Cr · +40.2% YoY839+40.2%FY 2025FY 2026: ₹1,160 Cr · +38.3% YoY1,160+38.3%FY 2026
Net Profit₹ Cr · Consolidated0100200300FY 2023: ₹130 Cr130FY 2023FY 2024: ₹82 Cr · -36.7% YoY82.5-36.7%FY 2024FY 2025: ₹158 Cr · +92% YoY158+92%FY 2025FY 2026: ₹230 Cr · +45% YoY230+45%FY 2026
Quarterly Revenue₹ Cr · vs same quarter last year0200400Q1'25: ₹180 Cr · +11.7% YoY180+11.7%Q1'25Q2'25: ₹199 Cr · +21.1% YoY199+21.1%Q2'25Q3'25: ₹220 Cr · +41.4% YoY220+41.4%Q3'25Q4'25: ₹240 Cr · +104.4% YoY240+104.4%Q4'25Q1'26: ₹256 Cr · +42.3% YoY256+42.3%Q1'26Q2'26: ₹275 Cr · +38.4% YoY275+38.4%Q2'26Q3'26: ₹317 Cr · +44.4% YoY317+44.4%Q3'26Q4'26: ₹305 Cr · +27% YoY305+27%Q4'26
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Revenue from Operations ₹1,160.14 Cr ₹838.69 Cr ₹598.17 Cr ₹651.07 Cr
Other Income ₹20.93 Cr ₹41.64 Cr ₹39.21 Cr ₹16.57 Cr
Total Income ₹1,181.07 Cr ₹880.33 Cr ₹637.38 Cr ₹667.64 Cr
Cost of Materials Consumed ₹682.24 Cr ₹507.2 Cr ₹377.41 Cr ₹379.61 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹81.35 Cr -₹60.62 Cr -₹56.5 Cr -₹62.28 Cr
Employee Benefit Expense ₹62.73 Cr ₹42.8 Cr ₹38.63 Cr ₹34.46 Cr
Finance Costs ₹18.09 Cr ₹12.93 Cr ₹8.52 Cr ₹5.09 Cr
Depreciation & Amortisation ₹66.42 Cr ₹45.01 Cr ₹39.67 Cr ₹23.25 Cr
Other Expenses ₹132.88 Cr ₹108.15 Cr ₹106.38 Cr ₹113.03 Cr
Total Expenses ₹881.01 Cr ₹655.47 Cr ₹514.1 Cr ₹493.16 Cr
Profit Before Exceptional Items & Tax ₹300.06 Cr ₹224.86 Cr ₹123.28 Cr ₹174.48 Cr
Exceptional Items -₹8.98 Cr -₹11.87 Cr -₹13.76 Cr ₹0
Profit Before Tax ₹291.09 Cr ₹212.99 Cr ₹109.51 Cr ₹174.48 Cr
Total Tax Expense ₹61.37 Cr ₹54.57 Cr ₹27.02 Cr ₹44.06 Cr
Net Profit ₹229.71 Cr ₹158.42 Cr ₹82.49 Cr ₹130.42 Cr
  attributable to Owners ₹219.46 Cr ₹158.42 Cr ₹82.49 Cr ₹130.42 Cr
  attributable to NCI ₹0 ₹0 ₹0 -
Other Comprehensive Income ₹1.05 Cr -₹37.2 Lakh -₹33.4 Lakh -₹12.5 Lakh
Total Comprehensive Income ₹230.76 Cr ₹158.05 Cr ₹82.16 Cr ₹130.29 Cr
EBITDA (computed) ₹384.56 Cr ₹282.81 Cr ₹171.46 Cr ₹202.81 Cr
Basic EPS ₹16.55 ₹11.95 ₹6.22 ₹10.47
Diluted EPS ₹16.55 ₹11.95 ₹6.22 ₹10.47
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹3,201.43 Cr ₹2,644.22 Cr ₹2,400.74 Cr ₹1,379.87 Cr
Non-current Assets ₹2,029.95 Cr ₹1,506.05 Cr ₹1,098.09 Cr ₹704.74 Cr
Current Assets ₹1,171.47 Cr ₹1,138.17 Cr ₹1,302.65 Cr ₹675.13 Cr
Property, Plant & Equipment ₹1,236.2 Cr ₹943.9 Cr ₹693.27 Cr ₹533.35 Cr
Inventories ₹537.47 Cr ₹396.87 Cr ₹343.47 Cr ₹248.77 Cr
Trade Receivables ₹390.05 Cr ₹288.62 Cr ₹232.88 Cr ₹258.98 Cr
Cash & Equivalents ₹5.66 Cr ₹17.37 Cr ₹5.37 Cr ₹70.91 Cr
Equity (Net Worth) ₹2,455.89 Cr ₹2,225.89 Cr ₹2,063.32 Cr ₹1,244.56 Cr
Equity Share Capital ₹132.68 Cr ₹132.59 Cr ₹132.55 Cr ₹124.51 Cr
Borrowings (Non-current) ₹0 ₹14.81 Cr ₹0 ₹0
Borrowings (Current) ₹441.66 Cr ₹182.53 Cr ₹168.62 Cr ₹10.6 Lakh
Total Debt (computed) ₹441.66 Cr ₹197.34 Cr ₹168.62 Cr ₹10.6 Lakh
Current Liabilities ₹657.34 Cr ₹350.7 Cr ₹289.09 Cr ₹94 Cr
Total Liabilities ₹745.54 Cr ₹418.33 Cr ₹337.42 Cr ₹135.31 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Operating Cash Flow -₹145.37 Cr ₹134.5 Cr -₹16.46 Cr -₹6.56 Cr
Investing Cash Flow -₹327.05 Cr -₹452.29 Cr -₹423.93 Cr -₹348.37 Cr
Financing Cash Flow ₹239.28 Cr ₹1.91 Cr ₹893.76 Cr ₹439.2 Cr
Capital Expenditure ₹91.31 Cr ₹304.4 Cr ₹248.27 Cr ₹401.42 Cr
Free Cash Flow (computed) -₹236.68 Cr -₹169.9 Cr -₹264.73 Cr -₹407.98 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹232.86 Cr -₹315.88 Cr ₹453.37 Cr ₹102.29 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹305.12 Cr ₹317.12 Cr ₹275.1 Cr ₹256.14 Cr ₹240.2 Cr ₹219.68 Cr ₹198.8 Cr ₹180.02 Cr ₹117.53 Cr ₹155.36 Cr ₹164.17 Cr ₹161.11 Cr
Other Income ₹11.22 Cr ₹10.8 Lakh ₹8.69 Cr ₹2.57 Cr ₹5.07 Cr ₹13.64 Cr ₹10.97 Cr ₹11.96 Cr ₹11.55 Cr ₹11.26 Cr ₹14.14 Cr ₹2.26 Cr
Total Income ₹316.34 Cr ₹317.23 Cr ₹283.79 Cr ₹258.71 Cr ₹245.27 Cr ₹233.32 Cr ₹209.77 Cr ₹191.98 Cr ₹129.09 Cr ₹166.62 Cr ₹178.31 Cr ₹163.37 Cr
Cost of Materials Consumed ₹197.34 Cr ₹159.36 Cr ₹161.37 Cr ₹164.17 Cr ₹172.73 Cr ₹128.96 Cr ₹107.7 Cr ₹97.81 Cr ₹78.18 Cr ₹94.3 Cr ₹100.57 Cr ₹104.37 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹1.08 Cr ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹25.44 Cr -₹6.7 Cr -₹18.67 Cr -₹30.54 Cr -₹49.58 Cr -₹14.58 Cr ₹0 ₹4.63 Cr -₹1.42 Cr -₹3.06 Cr -₹24.6 Cr -₹27.42 Cr
Employee Benefit Expense ₹17.51 Cr ₹17.45 Cr ₹13.27 Cr ₹12.89 Cr ₹10.73 Cr ₹11.62 Cr ₹9.92 Cr ₹10.52 Cr ₹11.58 Cr ₹9.2 Cr ₹11.53 Cr ₹7.52 Cr
Finance Costs ₹6.14 Cr ₹3.92 Cr ₹3.23 Cr ₹4.8 Cr ₹5.13 Cr ₹3.21 Cr ₹1.96 Cr ₹2.63 Cr ₹3.65 Cr ₹2.06 Cr ₹1.64 Cr ₹1.17 Cr
Depreciation & Amortisation ₹18.42 Cr ₹17.27 Cr ₹16.53 Cr ₹14.2 Cr ₹13.01 Cr ₹11.06 Cr ₹10.8 Cr ₹10.15 Cr ₹10.37 Cr ₹10.33 Cr ₹9.74 Cr ₹9.23 Cr
Other Expenses ₹33.04 Cr ₹36.42 Cr ₹31.11 Cr ₹28.93 Cr ₹26.66 Cr ₹28.97 Cr ₹28.62 Cr ₹23.9 Cr ₹18.97 Cr ₹23.6 Cr ₹30.69 Cr ₹31.92 Cr
Total Expenses ₹247 Cr ₹227.72 Cr ₹206.84 Cr ₹194.45 Cr ₹178.69 Cr ₹169.24 Cr ₹157.92 Cr ₹149.63 Cr ₹121.32 Cr ₹136.43 Cr ₹129.58 Cr ₹126.78 Cr
Profit Before Exceptional Items & Tax ₹69.34 Cr ₹89.51 Cr ₹76.95 Cr ₹64.26 Cr ₹66.58 Cr ₹64.08 Cr ₹51.85 Cr ₹42.34 Cr ₹7.77 Cr ₹30.2 Cr ₹48.73 Cr ₹36.59 Cr
Exceptional Items -₹1.33 Cr -₹2.34 Cr -₹2.68 Cr -₹2.63 Cr -₹2.85 Cr -₹2.69 Cr -₹3.33 Cr -₹3 Cr -₹7.39 Cr -₹6.37 Cr ₹0 ₹0
Profit Before Tax ₹68.02 Cr ₹87.17 Cr ₹74.27 Cr ₹61.63 Cr ₹63.73 Cr ₹61.39 Cr ₹48.52 Cr ₹39.34 Cr ₹37.9 Lakh ₹23.82 Cr ₹48.73 Cr ₹36.59 Cr
Total Tax Expense ₹14.01 Cr ₹22.7 Cr ₹20.31 Cr ₹14.61 Cr ₹13.44 Cr ₹18 Cr ₹13.72 Cr ₹9.41 Cr ₹1.81 Cr ₹6.39 Cr ₹12.05 Cr ₹6.77 Cr
Net Profit ₹54.01 Cr ₹64.48 Cr ₹53.96 Cr ₹47.02 Cr ₹50.3 Cr ₹43.39 Cr ₹34.8 Cr ₹29.93 Cr -₹1.43 Cr ₹17.43 Cr ₹36.68 Cr ₹29.81 Cr
  attributable to Owners ₹54.01 Cr ₹64.48 Cr ₹53.96 Cr - ₹50.3 Cr - - - -₹1.43 Cr ₹0 ₹0 -
  attributable to NCI ₹0 ₹0 ₹0 - ₹0 - - - ₹0 ₹0 ₹0 -
Other Comprehensive Income ₹1.3 Cr -₹3.9 Lakh -₹33 Lakh ₹11.4 Lakh ₹80,000 -₹31.5 Lakh -₹6.8 Lakh ₹30,000 ₹3 Lakh -₹13.7 Lakh -₹19.7 Lakh -₹3 Lakh
Total Comprehensive Income ₹55.31 Cr ₹64.44 Cr ₹53.63 Cr ₹47.14 Cr ₹50.31 Cr ₹43.08 Cr ₹34.73 Cr ₹29.94 Cr -₹1.4 Cr ₹17.29 Cr ₹36.48 Cr ₹29.78 Cr
EBITDA (computed) ₹93.9 Cr ₹110.7 Cr ₹96.7 Cr ₹83.26 Cr ₹84.72 Cr ₹78.35 Cr ₹64.61 Cr ₹55.13 Cr ₹21.78 Cr ₹42.59 Cr ₹60.11 Cr ₹46.98 Cr
Basic EPS ₹4.07 ₹4.86 ₹4.07 ₹3.55 ₹3.79 ₹3.27 ₹2.63 ₹2.26 ₹-0.11 ₹1.32 ₹2.77 ₹2.25
Diluted EPS ₹4.07 ₹4.86 ₹4.07 ₹3.55 ₹3.79 ₹3.27 ₹2.63 ₹2.26 ₹-0.11 ₹1.32 ₹2.77 ₹2.25
Latest 12 quarters shown of 15 on record.
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Revenue from Operations ₹940.17 Cr ₹788.52 Cr ₹595.67 Cr ₹651.07 Cr
Other Income ₹21.54 Cr ₹44.32 Cr ₹44.26 Cr ₹16.57 Cr
Total Income ₹961.71 Cr ₹832.83 Cr ₹639.93 Cr ₹667.64 Cr
Cost of Materials Consumed ₹534.08 Cr ₹473.61 Cr ₹375.79 Cr ₹379.61 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹78.96 Cr -₹60.04 Cr -₹56.44 Cr -₹62.28 Cr
Employee Benefit Expense ₹62.42 Cr ₹42.52 Cr ₹38.61 Cr ₹34.46 Cr
Finance Costs ₹12.24 Cr ₹10.23 Cr ₹8.52 Cr ₹5.09 Cr
Depreciation & Amortisation ₹60.78 Cr ₹42.8 Cr ₹39.42 Cr ₹23.25 Cr
Other Expenses ₹127.19 Cr ₹106.96 Cr ₹106.27 Cr ₹113.03 Cr
Total Expenses ₹717.75 Cr ₹616.07 Cr ₹512.15 Cr ₹493.16 Cr
Profit Before Exceptional Items & Tax ₹243.96 Cr ₹216.77 Cr ₹127.78 Cr ₹174.48 Cr
Exceptional Items -₹8.98 Cr -₹11.87 Cr -₹13.76 Cr ₹0
Profit Before Tax ₹234.98 Cr ₹204.89 Cr ₹114.02 Cr ₹174.48 Cr
Total Tax Expense ₹61.37 Cr ₹52.8 Cr ₹25.92 Cr ₹44.06 Cr
Net Profit ₹173.61 Cr ₹152.09 Cr ₹88.1 Cr ₹130.42 Cr
Other Comprehensive Income ₹1.04 Cr -₹37.2 Lakh -₹33.4 Lakh -₹12.5 Lakh
Total Comprehensive Income ₹174.65 Cr ₹151.72 Cr ₹87.76 Cr ₹130.29 Cr
EBITDA (computed) ₹316.98 Cr ₹269.79 Cr ₹175.71 Cr ₹202.82 Cr
Basic EPS ₹13.09 ₹11.47 ₹10.47 ₹10.47
Diluted EPS ₹13.08 ₹11.47 ₹10.47 ₹10.47
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Total Assets ₹3,002.81 Cr ₹2,561.18 Cr ₹2,355.73 Cr ₹1,379.92 Cr
Non-current Assets ₹1,971.76 Cr ₹1,453.08 Cr ₹973.63 Cr ₹704.79 Cr
Current Assets ₹1,031.05 Cr ₹1,108.11 Cr ₹1,382.1 Cr ₹675.13 Cr
Property, Plant & Equipment ₹1,149.94 Cr ₹853.48 Cr ₹609.67 Cr ₹533.35 Cr
Inventories ₹499.5 Cr ₹386.49 Cr ₹341.24 Cr ₹248.77 Cr
Trade Receivables ₹306.06 Cr ₹264.02 Cr ₹229.92 Cr ₹258.98 Cr
Cash & Equivalents ₹5.66 Cr ₹17.37 Cr ₹5.35 Cr ₹70.86 Cr
Equity (Net Worth) ₹2,409.32 Cr ₹2,225.17 Cr ₹2,068.93 Cr ₹1,244.61 Cr
Equity Share Capital ₹132.68 Cr ₹132.59 Cr ₹132.55 Cr ₹124.51 Cr
Borrowings (Non-current) ₹0 ₹14.81 Cr ₹0 ₹0
Borrowings (Current) ₹340.04 Cr ₹119.73 Cr ₹129.2 Cr ₹10.6 Lakh
Total Debt (computed) ₹340.04 Cr ₹134.54 Cr ₹129.2 Cr ₹10.6 Lakh
Current Liabilities ₹509.01 Cr ₹271.25 Cr ₹239.57 Cr ₹94 Cr
Total Liabilities ₹593.5 Cr ₹336.01 Cr ₹286.8 Cr ₹135.31 Cr
Metrics FY 2026 FY 2025 FY 2024 FY 2023
Operating Cash Flow ₹178.3 Cr ₹117.67 Cr -₹1.96 Cr -₹6.55 Cr
Investing Cash Flow -₹628.65 Cr -₹414.79 Cr -₹398.87 Cr -₹348.41 Cr
Financing Cash Flow ₹217.22 Cr -₹18.75 Cr ₹854.2 Cr ₹439.19 Cr
Capital Expenditure ₹475.94 Cr ₹284.09 Cr ₹137.43 Cr ₹401.42 Cr
Free Cash Flow (computed) -₹297.65 Cr -₹166.42 Cr -₹139.39 Cr -₹407.97 Cr
Dividends Paid ₹0 ₹0 ₹0 ₹0
Net Change in Cash -₹232.86 Cr -₹315.87 Cr ₹453.37 Cr ₹102.25 Cr
Metrics Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 Q4 FY24 Q3 FY24 Q2 FY24 Q1 FY24
Revenue from Operations ₹237.31 Cr ₹257.14 Cr ₹224.72 Cr ₹214.33 Cr ₹214.66 Cr ₹197.4 Cr ₹196.45 Cr ₹180.02 Cr ₹115.03 Cr ₹155.36 Cr ₹164.17 Cr ₹161.11 Cr
Other Income ₹9.67 Cr ₹68.3 Lakh ₹9.67 Cr ₹3.18 Cr ₹5.61 Cr ₹14.05 Cr ₹12.7 Cr ₹11.96 Cr ₹13.64 Cr ₹12.8 Cr ₹15.18 Cr ₹2.64 Cr
Total Income ₹246.98 Cr ₹257.82 Cr ₹234.39 Cr ₹217.52 Cr ₹220.27 Cr ₹211.45 Cr ₹209.14 Cr ₹191.98 Cr ₹128.67 Cr ₹168.16 Cr ₹179.35 Cr ₹163.75 Cr
Cost of Materials Consumed ₹153.99 Cr ₹123.84 Cr ₹133.35 Cr ₹122.9 Cr ₹159.25 Cr ₹112.37 Cr ₹104.18 Cr ₹97.81 Cr ₹76.55 Cr ₹94.3 Cr ₹100.57 Cr ₹104.37 Cr
Purchases of Stock-in-Trade ₹0 ₹0 ₹0 ₹0 ₹0 ₹0 -₹42.5 Lakh ₹0 ₹0 ₹0 ₹0 ₹0
Changes in Inventories -₹27.19 Cr -₹10.3 Cr -₹23.43 Cr -₹18.05 Cr -₹49.03 Cr -₹15.21 Cr ₹0 ₹4.63 Cr -₹1.37 Cr -₹3.06 Cr -₹24.6 Cr -₹27.42 Cr
Employee Benefit Expense ₹17.43 Cr ₹17.36 Cr ₹13.18 Cr ₹12.82 Cr ₹10.68 Cr ₹11.55 Cr ₹9.85 Cr ₹10.45 Cr ₹11.56 Cr ₹9.2 Cr ₹11.53 Cr ₹8.55 Cr
Finance Costs ₹4.61 Cr ₹2.57 Cr ₹1.81 Cr ₹3.25 Cr ₹2.49 Cr ₹3.21 Cr ₹1.89 Cr ₹2.63 Cr ₹3.65 Cr ₹2.06 Cr ₹1.64 Cr ₹1.17 Cr
Depreciation & Amortisation ₹16.97 Cr ₹15.73 Cr ₹15.27 Cr ₹12.82 Cr ₹11.64 Cr ₹10.49 Cr ₹10.52 Cr ₹10.15 Cr ₹10.27 Cr ₹10.24 Cr ₹9.67 Cr ₹9.23 Cr
Other Expenses ₹31.3 Cr ₹34.5 Cr ₹30.01 Cr ₹27.99 Cr ₹26.34 Cr ₹28.96 Cr ₹28.01 Cr ₹23.65 Cr ₹18.88 Cr ₹23.59 Cr ₹30.68 Cr ₹30.89 Cr
Total Expenses ₹197.11 Cr ₹183.7 Cr ₹170.2 Cr ₹161.73 Cr ₹161.37 Cr ₹151.36 Cr ₹154.02 Cr ₹149.32 Cr ₹119.55 Cr ₹136.33 Cr ₹129.5 Cr ₹126.78 Cr
Profit Before Exceptional Items & Tax ₹49.87 Cr ₹74.12 Cr ₹64.18 Cr ₹55.79 Cr ₹58.9 Cr ₹60.08 Cr ₹55.12 Cr ₹42.66 Cr ₹9.13 Cr ₹31.83 Cr ₹49.85 Cr ₹36.97 Cr
Exceptional Items -₹1.33 Cr -₹2.34 Cr -₹2.68 Cr -₹2.63 Cr -₹2.85 Cr -₹2.69 Cr -₹3.33 Cr -₹3 Cr -₹7.39 Cr -₹6.37 Cr ₹0 ₹0
Profit Before Tax ₹48.55 Cr ₹71.78 Cr ₹61.5 Cr ₹53.15 Cr ₹56.06 Cr ₹57.39 Cr ₹51.79 Cr ₹39.65 Cr ₹1.74 Cr ₹25.45 Cr ₹49.85 Cr ₹36.97 Cr
Total Tax Expense ₹10.61 Cr ₹19.82 Cr ₹17.93 Cr ₹13.01 Cr ₹13.14 Cr ₹16.54 Cr ₹13.72 Cr ₹9.41 Cr ₹70.4 Lakh ₹6.39 Cr ₹12.05 Cr ₹6.77 Cr
Net Profit ₹37.94 Cr ₹51.96 Cr ₹43.57 Cr ₹40.14 Cr ₹42.92 Cr ₹40.85 Cr ₹38.07 Cr ₹30.25 Cr ₹1.04 Cr ₹19.06 Cr ₹37.8 Cr ₹30.2 Cr
Other Comprehensive Income ₹1.29 Cr -₹3.4 Lakh -₹33 Lakh ₹11.4 Lakh ₹70,000 -₹31.5 Lakh -₹6.8 Lakh ₹30,000 ₹3 Lakh -₹13.7 Lakh -₹19.7 Lakh -₹3 Lakh
Total Comprehensive Income ₹39.23 Cr ₹51.93 Cr ₹43.24 Cr ₹40.26 Cr ₹42.93 Cr ₹40.54 Cr ₹38 Cr ₹30.25 Cr ₹1.07 Cr ₹18.92 Cr ₹37.6 Cr ₹30.17 Cr
EBITDA (computed) ₹71.45 Cr ₹92.42 Cr ₹81.26 Cr ₹71.85 Cr ₹73.03 Cr ₹73.78 Cr ₹67.53 Cr ₹55.44 Cr ₹23.05 Cr ₹44.13 Cr ₹61.16 Cr ₹47.37 Cr
Basic EPS ₹2.86 ₹3.92 ₹3.29 ₹3.03 ₹3.24 ₹3.08 ₹2.87 ₹2.28 ₹0.08 ₹1.44 ₹2.85 ₹2.28
Diluted EPS ₹2.86 ₹3.92 ₹3.29 ₹3.03 ₹3.24 ₹3.08 ₹2.87 ₹2.28 ₹0.08 ₹1.44 ₹2.85 ₹2.28
Latest 12 quarters shown of 15 on record.
Want more history and ratios?
You're viewing the latest exchange-filed financials for Aether Industries Limited. The full report adds 10+ years of line-item history, 20+ ratios, peer benchmarks and a downloadable PDF.
10+ years of history 20+ ratios & benchmarks Downloadable PDF

Shareholding Pattern of Aether Industries Limited

As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.95%, foreign institutional investors hold 6.29%, domestic institutional investors hold 12.66%, retail and other public shareholders hold 6.11% of Aether Industries Limited. The company had 65,562 shareholders on record.

Promoters: 74.95%DII (Domestic Institutional): 12.66%FII (Foreign Institutional): 6.29%Retail & Others: 6.11%
Mar 2026
QUARTER
74.95% Promoters
12.66% DII (Domestic Institutional)
6.29% FII (Foreign Institutional)
6.11% Retail & Others
Promoter holding - history
Now 74.95% · Mar 2026High 87.09% · May 2022Low 74.95% · Mar 2026
73%77%81%85%89%May 2022Mar 2023Mar 2024Mar 2025Mar 2026May 2022: 87.09%Jun 2022: 87.09%Sep 2022: 87.09%Dec 2022: 87.07%Mar 2023: 87.07%Jun 2023: 81.81%Sep 2023: 81.81%Dec 2023: 81.79%Mar 2024: 81.79%Jun 2024: 81.79%Sep 2024: 81.79%Dec 2024: 81.77%Mar 2025: 81.77%Jun 2025: 75.00%Sep 2025: 75.00%Dec 2025: 74.98%Mar 2026: 74.95%87.09%74.95%
Shareholding trend - last 6 quarters
Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Promoters74.95%74.98%75.00%75.00%81.77%81.77%
Public25.05%25.02%25.00%25.00%18.23%18.23%
Shareholding history - year on year (as at 31 March)
Mar 2026Mar 2025Mar 2024Mar 2023
Promoters74.95%81.77%81.79%87.07%
Public25.05%18.23%18.21%12.93%
Promoter change (YoY, %pts)-6.82-0.02-5.28-

Board & Governance of Aether Industries Limited

As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Aether Industries Limited has 12 directors - 6 independent and 4 executive. The board is chaired by Kamalvijay Ramchandra Tulsian.

DirectorPositionOn board sinceListed boards
Ashwin Jayantilal Desai Executive Director · MD 2013-01-23 1
Purnima Ashwin Desai Executive Director 2013-01-23 1
Rohan Ashwin Desai Executive Director 2013-01-23 1
Aman Ashwinbhai Desai Executive Director 2014-08-25 1
Kamalvijay Ramchandra Tulsian Non-Executive - Non Independent Director · Chairperson 2018-05-22 1
Ishita Surendra Manjrekar Non-Executive - Non Independent Director 2018-05-22 1
Jeevan Lal Nagori Non-Executive - Independent Director 2018-03-01 1
Arun Brijmohan Kanodiya Non-Executive - Independent Director 2018-03-01 1
Leja Satish Hattiangadi Non-Executive - Independent Director 2021-10-01 2
Amol Arvindrao Kulkarni Non-Executive - Independent Director 2021-11-17 1
Rajkumar Mangilal Borana Non-Executive - Independent Director 2021-11-17 3
Jitendra Popatlal Vakharia Non-Executive - Independent Director 2021-11-17 1
Board Committees
CommitteeMembers
Audit Committee Arun Brijmohan Kanodiya (Chairperson), Jeevan Lal Nagori, Jitendra Popatlal Vakharia
Nomination and remuneration committee Arun Brijmohan Kanodiya (Chairperson), Kamalvijay Ramchandra Tulsian, Amol Arvindrao Kulkarni
Stakeholders Relationship Committee Kamalvijay Ramchandra Tulsian (Chairperson), Rohan Ashwin Desai, Ishita Surendra Manjrekar, Arun Brijmohan Kanodiya, Leja Satish Hattiangadi, Rajkumar Mangilal Borana
Risk Management Committee Aman Ashwinbhai Desai (Chairperson), Ashwin Jayantilal Desai, Rohan Ashwin Desai, Kamalvijay Ramchandra Tulsian, Arun Brijmohan Kanodiya
Corporate Social Responsibility Committee Purnima Ashwin Desai (Chairperson), Kamalvijay Ramchandra Tulsian, Jeevan Lal Nagori, Leja Satish Hattiangadi, Jitendra Popatlal Vakharia

Group Structure of Aether Industries Limited

Aether Industries Limited has 1 subsidiary company. This group structure data is as of FY 2024. The corporate group structure reflects Aether Industries Limited's business expansion strategy and organizational complexity.

1
Subsidiary companies
Key Subsidiaries
Company Name CIN Shares Held
Aether Speciality Chemicals Limited U24290GJ2022PLC135180 -

Showing major subsidiaries. Total: 1.

Charges & Borrowings of Aether Industries Limited

Open charges
₹298 Cr
Satisfied charges
₹31.8 Cr
Breakdown by lending institutions
Others₹200.00 Cr
Axis Bank Limited₹52.00 Cr
Hdfc Bank Limited₹46.00 Cr
Latest charge details
DateLenderAmountStatus
29 Jul 2025 Axis Bank Limited ₹52 Cr Open
23 Feb 2023 Others ₹200 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 Limited

Aether Industries Limited has a workforce of 926 employees as of Apr 04, 2024.

Employee count
926
Active EPFO establishments
1
Employee growth
21.52%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Aether Industries Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Aether Industries Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Aether Industries Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Aether Industries Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Aether Industries Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Aether Industries Limited

MSME Payment Delays by Aether Industries Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Aether Industries Limited

Subsidiaries & Group Companies of Aether Industries Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Aether Industries Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Aether Industries Limited

MCA Filings & Documents of Aether Industries Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Aether Industries Limited

Activity
12 Sep 2025
Aether Industries Limited last Annual general meeting of members was held on 12 Sep 2025 as per latest MCA records.
Charges
29 Jul 2025
A charge with Axis Bank Limited amounted to Rs. 52.00 Cr with Charge ID 101134202 was registered on 29 Jul 2025.
Activity
31 Mar 2025
Aether Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
04 Oct 2024
A charge registered on 30 Nov 2015 via Charge ID 10609345 with State Bank Of India was fully satisfied on 04 Oct 2024.
Charges
21 Mar 2024
A charge with Others of Rs. 200.00 Cr registered on 23 Feb 2023 with Charge ID 100687768 was modified on 21 Mar 2024.
Charges
26 Jun 2023
A charge with Hdfc Bank Limited of Rs. 46.00 Cr registered on 26 Dec 2018 with Charge ID 100229973 was modified on 26 Jun 2023.

Recent News on Aether Industries Limited

Frequently Asked Questions about Aether Industries Limited

Aether Industries Limited 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 Limited reported revenue of ₹880.33 Cr for FY 2025 (up 38.00% YoY).

The current directors of Aether Industries Limited are:

The primary industry of Aether Industries Limited is pharma. The company specifically operates in pharma contract r and d. The company is currently active in this sector.

Yes. Aether Industries Limited is listed on BSE with code 543534.

Aether Industries Limited can be reached at the registered office: Plot No. 8203 Gidc Sachin, Surat, Gujarat, India – 394230, or through the website aether.co.in.

7M+ Indian companies. One platform.

Financials, directors, compliance, charges and shareholding - sourced from MCA, SEBI and RBI filings.

Subscription plans available