Flash Finance

Aether Industries LimitedAETHERCorporate

Basic Materials Specialty Chemicals Latest results: Mar 2026 14 quarters of data
Consolidated Standalone
₹1,538.60
MCap ₹20,422 Cr · P/E 117.6
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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹237 Cr
Sales · Mar 2026
+10.2% YoY
₹62 Cr
Operating Profit · Mar 2026
-7.5% YoY
26.2%
OPM % · Mar 2026
-16.0% YoY
₹38 Cr
Net Profit · Mar 2026
-11.6% YoY
₹2.86
EPS · Mar 2026
-11.7% YoY

📝 Aether Industries Limited — results explained

Quarter ended March 2026 (Q4 FY26)

Aether Industries Limited reported revenue of ₹237 crore for the quarter ended March 2026 (Q4 FY26), up 10.2% from ₹215 crore in the same quarter last year, and down 7.8% sequentially over the December 2025 quarter.

Net profit fell 11.6% year-on-year to ₹38 crore, from ₹43 crore. Earnings per share (EPS) came in at ₹2.86.

Operating profit stood at ₹62 crore — an operating margin (OPM) of 26.2%, compared with 31.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Aether Industries Limited posted revenue of ₹933 crore, a growth of 18.3% over FY25, with a net profit of ₹174 crore (up 14.1% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹933 crore with a net profit of ₹174 crore.

Valuation snapshot

At the current price of ₹1,538.60, AETHER has a market capitalisation of ₹20,422 crore and a trailing P/E of about 117.6.

Within the Specialty Chemicals industry, it is the 9th-largest of the 66 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 74.92%, foreign institutional investors (FIIs) 8.49%, domestic institutional investors (DIIs) 9.70%, public shareholders 6.89% of Aether Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹20,422 Cr
Current Price ?
₹1,538.6
P/E ?
117.58above ind
Industry P/E ?
29.60
P/B ?
8.47
P/S ?
21.88
P/FCF ?
-54.46
Enterprise Value ?
₹20,778 Cr
EV/EBITDA ?
70.67
PEG ?
9.80
Earnings Yield ?
1.1%
Dividend Yield ?
0.00%
Profitability & Returns
Sales (TTM) ?
₹933 Cr
OPM ?
31.5%
Profit after tax (TTM) ?
₹174 Cr
EPS (TTM) ?
₹13.09
ROCE ?
10.0%
ROE ?
7.2%
ROA ?
5.8%
Growth
Sales — latest qtr ?
₹237 Cr
PAT — latest qtr ?
₹38 Cr
YoY qtr sales growth ?
10.2%
YoY qtr profit growth ?
-11.6%
Sales growth (3y) ?
13%
Sales growth (5y) ?
16%
Profit growth (3y) ?
12%
Profit growth (5y) ?
20%
Financial Health
Debt ?
₹356 Cr
Debt to Equity ?
0.15
Interest Coverage ?
18.5
Current Ratio ?
N/A
Ownership
Promoter holding ?
74.92%
Change in promoter holding ?
-0.07%
Pledged percentage ?
N/A
Market
Return 3 months ?
4.3%
Return 6 months ?
30.4%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Mar bestweakest per row · for costs (interest, NPAs) low is best
Metric Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026 YoY % QoQ %
Sales 167184161164155115180196197215214225257237 +10.2% -7.8%
Operating Profit 476045463194355606769729262 -7.5% -32.4%
Other Income 31315614121314331018 +166.7% +1071.3%
Interest 01122432323235 +150.0% +94.4%
Depreciation 6791010101011101213151617 +41.7% +8.1%
Profit Before Tax 445237502524052575653627249 -12.5% -31.7%
Net Profit 353830381913038414340445238 -11.6% -26.9%
EPS 2.813.022.282.851.440.082.282.873.083.243.033.293.922.86 -11.7% -27.0%
OPM % 28.3% 32.4% 27.8% 28.0% 20.0% 8.2% 24.2% 27.9% 30.3% 31.2% 32.0% 31.9% 35.7% 26.2% -16.0% -26.6%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹789 Cr ₹933 Cr ₹933 Cr +18.3%
Operating Profit ₹225 Cr ₹294 Cr ₹294 Cr +30.6%
OPM % 28.53% 31.50% 31.50% +10.4%
NPM % 19.29% 18.61% 18.61% -3.5%
Other Income ₹42 Cr ₹22 Cr ₹22 Cr -48.4%
Depreciation ₹43 Cr ₹61 Cr ₹61 Cr +40.9%
Interest ₹10 Cr ₹13 Cr ₹13 Cr +29.8%
EBIT ₹182 Cr ₹233 Cr ₹233 Cr +28.2%
PBT ₹205 Cr ₹235 Cr ₹235 Cr +14.9%
Tax ₹40 Cr ₹51 Cr ₹51 Cr +28.0%
Net Profit ₹152 Cr ₹174 Cr ₹174 Cr +14.1%
EPS ₹11.47 ₹13.10 ₹13.10 +14.2%
Material Cost ₹314 Cr ₹380 Cr ₹380 Cr +20.9%
Employee Cost ₹32 Cr ₹43 Cr ₹43 Cr +36.2%
Extraordinary Items ₹2 Cr ₹8 Cr ₹8 Cr +223.6%

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 125133133133 +0.0%
Reserves 1,1201,9362,0932,277 +8.8%
Borrowings 16144137356 +159.9%
Other Liabilities 120143199237 +19.1%
Total Liabilities 1,3802,3562,5613,003 +17.3%
Fixed Assets 6467439891,380 +39.5%
CWIP 37219340474 +39.4%
Investments 10100100 +0.0%
Other Assets 6951,3931,1331,048 -7.5%
Total Assets 1,3802,3562,5613,003 +17.3%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity -7-2118146 +23.7%
Cash from Investing Activity -348-399-415-590 -42.2%
Cash from Financing Activity 439854-19211 +1210.5%
Net Cash Flow 84453-316-233 +26.3%
Free Cash Flow -363-305-304-375 -23.4%
CFO/OP 14%12%69%65% -5.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 145141122119 -2.5%
Inventory Days 301411377401 +6.4%
Days Payable 99113111121 +9.0%
Cash Conversion Cycle 348439388399 +2.8%
Working Capital Days 268360276200 -27.5%
ROCE % 18%8%10%10% +0.0%

👥 Shareholding (latest 5 periods)

Metric Jun 2025Sep 2025Dec 2025Mar 2026Sep 2026 % Chg
Promoters 74.99%74.99%74.98%74.94%74.92% -0.0%
FIIs 5.03%4.64%5.81%6.29%8.49% +35.0%
DIIs 13.41%12.97%12.25%12.66%9.70% -23.4%
Public 6.55%7.39%6.96%6.10%6.89% +13.0%
No. of Shareholders 72,62873,80667,80665,56270,093 +6.9%

⚖️ Peer comparison

Industry: Specialty Chemicals · top 25 of 66 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 ASIANPAINT Asian Paints ₹2,472.50 237,025 49.8 37,152 4,798 19.5% 12.9% 5.1% 18.0% 18.1% 41.8%
2 SOLARINDS Solar Industries ₹22,290.00 201,702 101.3 11,351 2,051 27.3% 18.1% 30.3% 34.9% 70.3% 89.0%
3 PIDILITIND Pidilite Industries ₹1,566.90 159,492 60.2 15,399 2,676 24.5% 17.4% 11.1% 17.9% 21.3% 30.3%
4 BERGEPAINT Berger Paints ₹458.50 53,461 43.9 12,263 1,218 15.6% 9.9% 2.9% -4.7% 12.0% 28.6%
5 LINDEINDIA Linde India ₹6,250.00 53,303 97.6 2,654 546 34.4% 20.6% 1.8% 20.8% 21.6% -2.4%
6 FLUOROCHEM Gujarat Fluorochemicals ₹4,773.00 52,431 85.7 5,303 609 25.9% 11.5% 5.5% 5.1% 24.0% 19.0%
7 HSCL Himadri Speciality ₹664.25 33,516 41.6 4,974 805 20.2% 16.2% 1.0% 36.2% 28.0% 27.4%
8 ACUTAAS Acutaas Chemicals ₹3,163.20 25,897 67.1 1,462 387 37.2% 26.5% 33.0% 121.8% 59.1% 70.4%
9 AETHER Aether Industries ₹1,792.00 23,785 108.3 1,153 219 31.4% 19.0% 37.5% 38.8% 27.1% 8.0%
10 ATUL Atul ₹6,250.50 18,403 23.1 6,643 811 17.4% 12.2% 12.4% 38.2% 25.0% 91.8%
11 AARTIIND Aarti Industries ₹470.80 17,078 32.2 9,011 531 14.8% 5.9% 14.1% 26.6% 42.4% 260.5%
12 BASF BASF India ₹3,669.00 15,882 24.7 16,041 643 5.9% 4.0% -1.1% -12.4% 24.5% 163.0%
13 FINEORG Fine Organic ₹5,170.50 15,853 36.2 2,471 438 21.6% 17.7% 4.2% 1.5% 18.0% 18.0%
14 SPLPETRO Supreme Petrochem ₹820.50 15,429 32.0 5,644 482 12.9% 8.5% -11.4% -16.1% 22.1% 192.1%
15 KANSAINER Kansai Nerolac ₹188.79 15,269 25.4 8,264 589 12.1% 7.1% 2.9% -48.1% 9.8% 5.9%
16 PRIVISCL Privi Speciality ₹3,551.10 13,872 39.7 2,672 342 24.9% 12.8% 22.0% 71.1% 19.2% 44.2%
17 ANURAS Anupam Rasayan ₹1,153.90 13,137 74.3 2,535 225 22.2% 8.9% 64.5% 39.1% 34.8% 5.7%
18 VINATIORGA Vinati Organics ₹1,253.90 13,008 29.0 2,381 449 27.9% 18.8% -1.0% 9.6% 28.4% 4.5%
19 500123 Elantas Beck ₹13,869.00 10,995 61.9 937 177 23.2% 18.9% 11.1% 6.6% 34.8% 82.1%
20 PRASOLCHEM Prasol Chemicals ₹791.80 4,686 — — — — — — — 35.5% 154.3%
21 JUBLCPL Jubilant Agri ₹2,117.00 3,208 24.7 1,972 130 10.2% 6.6% — — 18.4% 4.8%
22 504092 Indokem ₹86.92 1,695 107.3 174 2 3.0% 1.3% -4.9% -41.1% 12.2% 52.9%
23 524717 Titan Biotech ₹576.80 1,681 70.3 219 34 19.4% 15.5% 31.8% 38.7% 27.2% 58.3%
24 PAUSHAKLTD Paushak ₹651.65 1,607 34.0 277 48 28.9% 17.2% 4.3% -18.4% 51.4% 50.1%
25 506532 Nitta Gelatin ₹1,664.40 1,511 14.6 591 103 24.3% 17.5% 12.0% 15.5% 1.3% 32.5%
❓ Frequently asked questions
What was Aether Industries Limited's revenue in Q4 FY26?
Aether Industries Limited reported revenue of ₹237 crore for the quarter ended March 2026 (Q4 FY26), up 10.2% from ₹215 crore in the same quarter last year, and down 7.8% sequentially over the December 2025 quarter.
What was Aether Industries Limited's net profit in Q4 FY26?
Net profit fell 11.6% year-on-year to ₹38 crore, from ₹43 crore. Earnings per share (EPS) came in at ₹2.86.
What is AETHER's market capitalisation and P/E ratio?
At the current price of ₹1,538.60, AETHER has a market capitalisation of ₹20,422 crore and a trailing P/E of about 117.6.
Who owns Aether Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 74.92%, foreign institutional investors (FIIs) 8.49%, domestic institutional investors (DIIs) 9.70%, public shareholders 6.89% of Aether Industries Limited.
TTM ends 2026-03-31. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI