- Udyam number
- UDYAM-GJ-22-0269405

About Aether Speciality Chemicals Limited
Data last updated:
Aether Speciality Chemicals Limited is a public limited company based in Sachin, Gujarat, India, a subsidiary of Aether Industries Limited. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 02 September 2022.
Its director Ashwin Desai and family are #202 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24290GJ2022PLC135180. Its GSTIN is 24AAXCA5829K1Z1 (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹10.02 Lakh. It is led by directors including Aman Ashwinbhai Desai and Purnima Desai Ashwin.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 362 Road No. 3, GIDC Industrial Estate Sachin, Gujarat, India – 394230.
As per the financials filed for FY 2025, the company reported a revenue of ₹50.52 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹8.06 Cr (net margin 16%) and EBITDA of ₹16.04 Cr (EBITDA margin 31.8%).
As per MCA filings, the company has open charges of ₹50 Cr on record.
Aether Speciality Chemicals Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0269405). 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
Recognitions & Rankings of Aether Speciality Chemicals
- #202 Ashwin Desai & family ₹18,200 Cr
Contact details
Aether Speciality Chemicals Limited's registered office is in Sachin, Gujarat. Its website is aether.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 362 Road No. 3, GIDC Industrial Estate Sachin, Gujarat, India – 394230
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Aether Speciality Chemicals Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Aether Speciality Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Aether Speciality Chemicals Limited, buy the company report.
Financials of Aether Speciality Chemicals Limited
FY 2025 filings availableAether Speciality Chemicals Limited reported revenue of ₹50.52 Cr (up 1914% YoY) for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹16.04 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹8.06 Cr | ||
| Balance Sheet | |||
| Share Capital | |||
| Reserves and Surplus | |||
| Net Worth (Total Equity) | |||
| Long-term Borrowings | |||
| Short-term Borrowings | |||
| Trade Payables | |||
| Total Liabilities | |||
| Fixed Assets | |||
| Investments | |||
| Inventories | |||
| Trade Receivables | |||
| Cash and Bank Balance | |||
| Total Assets | |||
Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 31.8% | ||
| Net Profit Margin | 16% | ||
| Return on Equity (ROE) | |||
| Return on Capital Employed (ROCE) | |||
| Return on Assets (ROA) | |||
| Liquidity and Debt | |||
| Current Ratio | |||
| Quick Ratio | |||
| Debt-to-Equity Ratio | |||
| Interest Coverage Ratio | |||
| Efficiency and Growth | |||
| Asset Turnover | |||
| Receivable Days | |||
| Payable Days | |||
| Inventory Days | |||
| Revenue Growth | |||
| Net Profit Growth | |||
To see the full financial statements and ratios of Aether Speciality Chemicals Limited, buy the company report.
Board of directors of Aether Speciality Chemicals Limited
Aether Speciality Chemicals has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aman Ashwinbhai Desai Also directs: Zero One Growth LLP, Aether Industries Limited | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Purnima Desai Ashwin | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Ashwin Jayantilal Desai | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
| Rohan Ashwin Desai | Director | 02 Sep 2022 | 4 Years 2 Months | Current |
Peer comparison
Aether Speciality Chemicals Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ratnamani Bio-Chemicals and Pharmaceuticlas Private Ltd | ₹54.53 Cr (FY 2024) | 6.0% | Ahmedabad, Gujarat, India | |||
| Calcimag Chemicals India Private Limited | ₹53.45 Cr (FY 2025) | 23.0% | Chennai, Tamil Nadu, India | |||
| Filtra Catalysts and Chemicals Limited | ₹53.01 Cr (FY 2016) | -21.0% | Thane, Maharashtra, India | |||
| Aether Speciality Chemicals Limitedthis company | ₹50.52 Cr (FY 2025) | ₹8.06 Cr | 16% | 1914.0% | Sachin, Gujarat, India | |
| Premier Synthochem Industries Private Limited | ₹50.36 Cr (FY 2024) | 27.0% | Nagpur, Maharashtra, India | |||
| Gangotri Inorganic Private Limited | ₹49.37 Cr (FY 2024) | 40.0% | Ahmedabad, Gujarat, India | |||
| Jay Organics Private Limited | ₹47 Cr (FY 2025) | 1.0% | Ahmedabad, Gujarat, India | |||
| Apex Pharmachem Private Limited | ₹46.39 Cr (FY 2024) | 41.0% | Vapi, Gujarat, India |
To see the full peer comparison of Aether Speciality Chemicals Limited, buy the company report.
Auditor
Aether Speciality Chemicals Limited is audited by BIRJU S. SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BIRJU S. SHAH & ASSOCIATES | FY 2023 | 131554W |
Shareholding
The shareholding of Aether Speciality Chemicals Limited is on record for FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Aether Speciality Chemicals Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Jul 2024 | 100959673 | Others | ₹50 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Aether Speciality Chemicals Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aether Speciality Chemicals Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aether Speciality Chemicals Limited has 1 active EPFO establishment as of Apr 05, 2024.
GST
Aether Speciality Chemicals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAXCA5829K1Z1 | Gujarat | Active | 20 Dec 2022 |
To see the full GST registrations and return filing status of Aether Speciality Chemicals Limited, buy the company report.
Recent activity
Aether Speciality Chemicals Limited has 4 board changes on record since 2022: 4 appointments. The latest: Aman Ashwinbhai Desai was appointed as Director on 02 Sep 2022.
News
Frequently asked questions
Aether Speciality Chemicals is an active public limited company based in Sachin, Gujarat, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 02 September 2022 (4+ years old) and is registered under CIN U24290GJ2022PLC135180.
Aether Speciality Chemicals has 4 current directors:
- Aman Ashwinbhai Desai - Director
- Purnima Desai Ashwin - Director
- Ashwin Jayantilal Desai - Director
- Rohan Ashwin Desai - Director
The latest financial statements of Aether Speciality Chemicals on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2023 are in the company report.
The GSTIN of Aether Speciality Chemicals is 24AAXCA5829K1Z1, registered in Gujarat.
The CIN (Corporate Identification Number) of Aether Speciality Chemicals is U24290GJ2022PLC135180. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aether Speciality Chemicals was incorporated on 02 September 2022, making it 4+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Aether Speciality Chemicals by revenue are Ratnamani Bio-Chemicals and Pharmaceuticlas Private Ltd, Calcimag Chemicals India Private Limited, Filtra Catalysts and Chemicals Limited, Premier Synthochem Industries Private Limited, Gangotri Inorganic Private Limited and 2 more, all in the Chemicals industry (Organic Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Aman Ashwinbhai Desai was appointed as Director on 02 Sep 2022. Ashwin Jayantilal Desai was appointed as Director on 02 Sep 2022. Purnima Desai Ashwin was appointed as Director on 02 Sep 2022. Aether Speciality Chemicals has 4 board changes on record in total.
Yes, Aether Speciality Chemicals is registered as an MSME under Udyam registration (number: UDYAM-GJ-22-0269405).
Aether Speciality Chemicals can be reached through the website aether.co.in. Its registered office is in Sachin, Gujarat, India.
The registered office of Aether Speciality Chemicals is at Plot No. 362 Road No. 3, GIDC Industrial Estate Sachin, Gujarat, India – 394230.

