- Valuation
- ₹11,990 Cr

About Aether Industries
Aether Industries is a publicly listed company based in Surat (India) founded in 2013. Advanced intermediates and active ingredients are manufactured for multiple industries. It operates on a Reseller / Distribution model in Chemicals & Materials and Industrial Goods & Manufacturing sectors. Aether Industries has raised $13.49 million across 3 funding rounds from investors including India Infoline, WhiteOak Capital Management and European Union. The company has 1,220 employees. Its Indian entity Aether Industries Limited reported revenue of βΉ1,181 Cr. Aether Industries offers products and services including Advanced Intermediates and Active Ingredients. Its focus areas include Chemicals, Specialty Chemicals and Intermediates and Ingredients. Its competitors include Inventys, Shogun Organics and Evexia Lifecare; 1 of its 3 listed competitors has raised funding.
Company details
Aether Industries is involved in the production of advanced intermediates and active ingredients for various industries. Operations are focused on the chemical sector, particularly in specialty chemicals. Solutions are provided to meet industrial and pharmaceutical needs with a commitment to innovation. Multiple facilities are maintained to support research, development, and production activities across different regions.
Recognitions & Rankings of Aether Industries
- Headquarters Surat, India
- Employees 1,220
- Stage Public
- SectorsChemicals & MaterialsIndustrial Goods & Manufacturing
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website aether.co.in
- Social LinkedIn X Facebook Instagram
- Legal Name Aether Industries Ltd.
- Market Cap₹20,984 Cr
AETHER · NSE
- Share Price₹1,616.20
+2.23% today
- Revenue₹1,160 Cr
FY 2025-26 · +38.0% YoY
- EBITDA₹355 Cr
Margin 30.6%
- Net Profit₹226 Cr
FY 2025-26 · +35.3% YoY
- P/E (TTM)87.9x
P/B 8.6x
- ROE9.4%
ROCE 11.6%
- Debt / Equity0.14
Interest cover 6.3x
- Total Equity Funding$13.49M (USD)
in 3 rounds
- Latest Funding Round$90.73M (USD), Post-IPO
Jul 2023
- InvestorsIndia Infoline
& 2 more
- Employee Count1,220
Associated legal entities of Aether Industries
Aether Industries operates through Aether Industries Limited, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Aether Industries Limited Listed CIN L24100GJ2013PLC073434 | Active | 23 Jan 2013 | Surat, Gujarat | ₹1,181 Cr | 926 | 14 | View details |
Products & Services of Aether Industries
Aether Industries offers a comprehensive portfolio of products and services, including Advanced Intermediates and Active Ingredients.
Advanced intermediates are produced for various industrial applications.
Active ingredients are manufactured for pharmaceutical and other uses.
Funding Insights of Aether Industries
Aether Industries has successfully raised a total of $13.49M across 3 strategic funding rounds. The most recent funding activity was a Post-IPO round of $90.73 million completed in July 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13.49M
- Total Rounds 3
- Last Round Post-IPO β $90.73M
- First Round $25,849
(Dec 2018)
- Investors Count 3
All 3 funding rounds of Aether Industries with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $90.73M | Post-IPO | β | β | β |
| Nov 2021 | $13.49M | Series B | β | White Oak, India Infoline | β |
| Dec 2018 | $25,849 | Grant | β | β |
3 investors in total: 3 institutional.
Investors in Aether Industries
Aether Industries has secured backing from 3 investors, including institutional investors. Prominent investors backing the company include India Infoline, WhiteOak Capital Management and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment management and advisory services are provided in India. | 2017 | whiteoakindia.com | Mumbai, India | |
Trading in stocks, mutual funds, and commodities is facilitated. | 1995 | indiainfoline.com | Mumbai, India | |
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Aether Industries
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Aether Industries Limited (Aether Industries)
Aether Industries Limited is the primary company behind Aether Industries. The board of Aether Industries Limited currently have 12 directors; the longest-serving is Rohan Ashwin Desai, appointed in 2013. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Rohan Ashwin Desai DIN 00038379 | Whole-time director | 23 Jan 2013 | 13 yrs 9 mo | Aether Industries Limited |
| Purnima Desai Ashwin DIN 00038399 | Whole-time director | 23 Jan 2013 | 13 yrs 9 mo | Aether Industries Limited |
| Ashwin Jayantilal Desai DIN 00038386 | Managing Director | 23 Jan 2013 | 13 yrs 9 mo | Aether Industries Limited |
| Aman Ashwinbhai Desai DIN 00043633 | Whole-time director | 25 Aug 2014 | 12 yrs 2 mo | Aether Industries Limited |
| Arun Brijmohan Kanodiya DIN 03449000 | Director | 01 Mar 2018 | 8 yrs 8 mo | Aether Industries Limited |
| Jeevan Lal Nagori DIN 00017939 | Director | 01 Mar 2018 | 8 yrs 8 mo | Aether Industries Limited |
| Kamalvijay Ramchandra Tulsian DIN 00190840 | Director | 22 May 2018 | 8 yrs 5 mo | Aether Industries Limited |
| Ishita Surendra Manjrekar DIN 06731016 | Director | 20 Jun 2018 | 8 yrs 4 mo | Aether Industries Limited |
| Leja Satish Hattiangadi DIN 00198720 | Director | 01 Oct 2021 | 5 yrs 1 mo | Aether Industries Limited |
| Rajkumar Mangilal Borana DIN 01091166 | Director | 17 Nov 2021 | 4 yrs 11 mo | Aether Industries Limited |
| Jitendra Popatlal Vakharia DIN 00191088 | Director | 17 Nov 2021 | 4 yrs 11 mo | Aether Industries Limited |
| Amol Arvindrao Kulkarni DIN 09311097 | Director | 17 Nov 2021 | 4 yrs 11 mo | Aether Industries Limited |
People of Aether Industries
26 people are tracked at Aether Industries (6 in leadership, 20 in team); the tracked headcount is 1,220.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
| Founder | Leadership | |
Smit Parikh | Head Process And Project | Leadership |
Faiz Nagariya | Chief Financial Officer | Leadership |
| Director | Leadership | |
Dipak Rathod | Chief Information Technology Officer | Leadership |
Naresh Nagar | IT Specialist | Team |
Varun Raval | Jr Engineer | Team |
Vishal Suthar | Research Executive | Team |
Hardik Oza | Sr.finance Executive | Team |
Mistry Vinay | Finance Specialist | Team |
Abhishek Sharma | Project Engineer | Team |
Dhanani Khushal | UI UX Developer | Team |
Ramarajya Badatya | Accountant | Team |
Kajal Kathiriya | Lead - Corporate Affairs | Team |
Saurabh Ariwala | As A Sr.chemist | Team |
Brijesh Ahalpara | Assistant Lead Engineer - Process & Projects | Team |
Miraj Vekariya | Senior Process Safety Engineer | Team |
Anish Patel | Research Scientist | Team |
Vaibhav Desai | Procurement And Inventory Management | Team |
6 more people are available in the full profile.
Complete people profiles for Aether Industries
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Aether Industries
Aether Industries is a publicly listed company on the NSE with ticker symbol AETHER in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date03 Jun 2022
- Listed onNSE: AETHER · BSE: 543534
- Listed entityAether Industries Ltd.
- Exchange sectorProcess industries
- ISININE0BWX01014
- Share price₹1,682.60 (-1.93% on the day) · 2026-10-14
- Market capitalisation₹22,785 Cr
- Price to earnings94.9
- EPS (diluted, trailing year)₹17.73
- Volume (last session)316,253
Financials of Aether Industries
Exchange-reported figures of Aether Industries Limited, the listed company behind Aether Industries (NSE: AETHER).
Financial Highlights
FY 2025-26 Β· 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 | +38.0% | +40.4% | -8.0% | +10.3% | - |
| 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 (βΉ) | 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% | - | - | - |
| 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 (βΉ) | 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 | +18.9% | +32.6% | -8.4% | +10.3% | +31.1% | +49.1% | - |
| 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 (βΉ) | 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% | - | - | - |
| 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% | - | - | - |
| 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 (βΉ) | 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 | +38.0% | +40.4% | -8.0% | +10.3% | - |
| 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 (βΉ) | 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% | - |
| EBITDA growth | +53.4% | +95.1% | -36.4% | +10.8% | - |
| PBT growth | +36.7% | +94.5% | -37.2% | +19.1% | +9997.0% |
| Net income growth | +35.3% | +80.9% | -28.8% | +19.4% | - |
| 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 (βΉ) | 16.54 | 11.95 | 6.22 | 10.47 | 9.67 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 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% | - | - | - |
| 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 | +18.9% | +32.6% | -8.4% | +10.3% | +31.1% | +49.1% | - |
| 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 (βΉ) | 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% | - |
| EBITDA growth | +33.0% | +83.0% | -36.8% | +10.8% | +49.9% | +56.3% | - |
| 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% | - |
| 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 (βΉ) | 13.08 | 11.47 | 6.65 | 10.47 | 9.67 | 70.42 | 46.68 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 181.59 | 167.82 | 156.09 | 99.96 | 34.33 | 172.62 | 91.45 |
Timeline of Aether Industries
4 dated milestones of Aether Industries across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Aether Industries is founded.
- Funding First funding round of $26K.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $90.7M.
Competitors of Aether Industries
Aether Industries has 3 listed competitors in our database, 1 of them funded. They include Inventys, Shogun Organics and Evexia Lifecare.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| inventys.in | 2005 | Mumbai, India | $64.34M | 219 | Actives, advanced intermediates, and specialty chemicals are custom manufactured. | |
| shogunorganics.com | 2002 | Mumbai, India | 1,977 | Contract manufacturer of chemicals used in household insecticide products | ||
| evexialifecare.com | 1990 | Vadodara, India | 23 | Contract manufacturer of pharma chemicals |
Detailed competitors of Aether Industries
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Web traffic of Aether Industries
The website of Aether Industries (aether.co.in) receives about 9.6K visits a month.
- Monthly visits9.6K
▼ 6.9% vs previous month
Websites whose visitors overlap most with Aether Industries. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| adityatrading.in | 100% | 12.7K | #1,864,399 | View details | |
| avendus.com | 83% | 76.6K | #597,964 | View details | |
| sovrenn.com | 83% | 281.9K | #271,551 | View details | |
| marketsmojo.com | 83% | 834.5K | #72,195 | View details | |
| nuvamawealth.com | 83% | 400.1K | #52,710 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 6 similar websites and full traffic analytics for Aether Industries
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- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
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Top companies in Core & Diversified Chemicals
3 companies that operate in the same segment as Aether Industries (Core & Diversified Chemicals) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of fertilizers, industrial chemicals, crop nutrition products, and real estate | 1979 | Pune, Maharashtra, India | USD 1.21 B | 1,020 | ||
Specialty chemicals are manufactured through integrated R&D and production processes. | 2023 | Bengaluru, Karnataka, India | USD 72.97 M | USD 2.13 M | ||
Manufactures coal tar and basic industrial chemicals. | 1987 | Kolkata, West Bengal, India | USD 24 M | USD 496.46 M | 2,480 |
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Related news about Aether Industries
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Frequently Asked Questions about Aether Industries
Aether Industries was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Aether Industries is headquartered in Surat, India. It is registered at Surat, Gujarat, India.
Aether Industries is a funded company, having raised a total of $13.49M across 3 funding rounds to date. The company's 1st funding round was a Grant of $25.85K, raised on Dec 2018.
Aether Industries has 1,220 employees.
The primary company behind Aether Industries, Aether Industries Limited, reported revenue of βΉ1,181 Cr for FY 2026, up 38% year on year.
Aether Industries is involved in the production of advanced intermediates and active ingredients for various industries. Operations are focused on the chemical sector, particularly in specialty chemicals. Solutions are provided to meet industrial and pharmaceutical needs with a commitment to innovation. Multiple facilities are maintained to support research, development, and production activities across different regions.
Aether Industries's top competitors include Inventys, Shogun Organics and Evexia Lifecare.
Aether Industries offers Advanced Intermediates and Active Ingredients.
Yes, Aether Industries is publicly traded on NSE under the ticker symbol AETHER.
Aether Industries has 3 investors. Key investors include India Infoline, WhiteOak Capital Management, and European Union.
Aether Industries operates through Aether Industries Limited.
The legal entities of Aether Industries currently have 14 directors, including Arun Brijmohan Kanodiya, Jeevan Lal Nagori, Rohan Ashwin Desai and others.
