Share Price and Basic Stock Data
Last Updated: January 20, 2026, 10:31 pm
| PEG Ratio | 13.30 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker – Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Aether Industries Ltd operates within the specialty chemicals sector and has demonstrated a robust revenue trajectory. The company reported sales of ₹651 Cr for the fiscal year ending March 2023, up from ₹590 Cr in the previous year. However, sales for FY 2024 are anticipated to have declined slightly to ₹596 Cr. In the trailing twelve months (TTM), the revenue stood at ₹851 Cr, showcasing a consistent growth pattern over the years. Quarterly sales figures indicate fluctuations, with a peak of ₹184 Cr recorded in March 2023, followed by a slight decrease to ₹161 Cr in June 2023. The most recent quarterly sales for September 2023 were ₹164 Cr, indicating a recovery trend. Aether’s ability to maintain a steady revenue flow amidst market volatility highlights its operational resilience and demand for its specialty chemical products.
Profitability and Efficiency Metrics
Aether Industries’ profitability metrics reflect a mixed performance. The company’s net profit for FY 2023 was ₹130 Cr, up from ₹109 Cr in FY 2022, but it is projected to decline to ₹88 Cr in FY 2024. The reported operating profit margin (OPM) for FY 2023 was 29%, slightly higher than the 28% recorded in FY 2022. However, OPM took a notable dip in the latest quarter, standing at 28% for September 2023, compared to 32% in March 2023. The interest coverage ratio (ICR) is impressive at 21.87x, indicating strong earnings relative to interest expenses, which stood at ₹5 Cr for FY 2023. The return on equity (ROE) for the company was 7.49%, while return on capital employed (ROCE) was reported at 9.92%, both of which are relatively modest compared to sector averages, indicating room for improvement in capital efficiency.
Balance Sheet Strength and Financial Ratios
Aether Industries maintains a solid balance sheet, characterized by total assets of ₹2,750 Cr as of September 2025, supported by reserves totaling ₹2,178 Cr. The company’s borrowings were reported at ₹165 Cr, demonstrating a low debt-to-equity ratio of 0.08x, which is significantly lower than the industry average, indicating prudent financial management. The current ratio stood at an impressive 3.25x, reflecting strong liquidity, while the quick ratio was 2.11x, indicating sufficient short-term assets to cover liabilities. The price-to-book value (P/BV) ratio of 4.95x suggests that the stock is trading at a premium compared to its book value, which stood at ₹167.88 per share as of March 2025. These financial ratios illustrate Aether’s stable financial position, although the relatively high P/BV ratio may raise some concerns regarding valuation sustainability.
Shareholding Pattern and Investor Confidence
Aether Industries’ shareholding structure depicts a strong promoter backing, with promoters holding 74.99% of the equity as of September 2025. This represents a decline from 87.07% in December 2022, indicating a gradual dilution of promoter stake, which could reflect a strategic move to enhance liquidity or attract institutional investors. Foreign institutional investors (FIIs) have increased their stake to 4.64%, up from 1.56% in December 2022, signaling growing confidence in the company’s prospects. Domestic institutional investors (DIIs) also hold a stable 12.97% of shares. The number of shareholders has grown significantly, reaching 73,806 in September 2025, compared to 56,840 in December 2022. This increasing shareholder base indicates rising interest and confidence in Aether Industries, which could enhance market stability and support future capital raises.
Outlook, Risks, and Final Insight
Looking forward, Aether Industries faces both opportunities and challenges. The company’s ability to innovate within the specialty chemicals sector remains a critical strength, particularly as demand for sustainable and high-performance chemicals grows. However, potential risks include volatility in raw material prices and regulatory challenges that could impact margins. Additionally, the declining net profit forecast for FY 2024 raises concerns about operational efficiency. Aether’s solid balance sheet and strong liquidity position provide a cushion against market fluctuations, but management must focus on enhancing profitability metrics to ensure sustained growth. Moving forward, the company could explore strategic partnerships or expansions to capitalize on emerging market trends, while maintaining a close watch on operational efficiencies to mitigate risks.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 343 Cr. | 37.5 | 74.0/36.8 | 21.3 | 20.5 | 1.07 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 28.5 Cr. | 58.0 | 88.8/55.0 | 13.6 | 89.6 | 1.73 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 46.8 Cr. | 688 | 899/600 | 21.6 | 697 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 3,361 Cr. | 74.1 | 111/68.2 | 22.2 | 22.0 | 0.67 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 546 Cr. | 220 | 393/214 | 19.6 | 93.8 | 1.14 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 12,165.68 Cr | 654.33 | 59.67 | 182.97 | 0.48% | 12.99% | 25.41% | 6.41 |
Quarterly Result
| Metric | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 140 | 167 | 184 | 161 | 164 | 155 | 115 | 180 | 196 | 197 | 215 | 214 | 225 |
| Expenses | 103 | 120 | 124 | 116 | 118 | 124 | 106 | 137 | 142 | 138 | 147 | 146 | 153 |
| Operating Profit | 37 | 47 | 60 | 45 | 46 | 31 | 9 | 43 | 55 | 60 | 67 | 69 | 72 |
| OPM % | 26% | 28% | 32% | 28% | 28% | 20% | 8% | 24% | 28% | 30% | 31% | 32% | 32% |
| Other Income | 6 | 3 | 1 | 3 | 15 | 6 | 6 | 9 | 9 | 11 | 3 | 1 | 7 |
| Interest | 1 | 0 | 1 | 1 | 2 | 2 | 4 | 3 | 2 | 3 | 2 | 3 | 2 |
| Depreciation | 5 | 6 | 7 | 9 | 10 | 10 | 10 | 10 | 11 | 10 | 12 | 13 | 15 |
| Profit before tax | 37 | 44 | 52 | 37 | 50 | 25 | 2 | 40 | 52 | 57 | 56 | 53 | 62 |
| Tax % | 27% | 20% | 28% | 18% | 24% | 25% | 40% | 24% | 26% | 29% | 23% | 24% | 29% |
| Net Profit | 27 | 35 | 38 | 30 | 38 | 19 | 1 | 30 | 38 | 41 | 43 | 40 | 44 |
| EPS in Rs | 2.19 | 2.81 | 3.02 | 2.28 | 2.85 | 1.44 | 0.08 | 2.28 | 2.87 | 3.08 | 3.24 | 3.03 | 3.29 |
Last Updated: December 28, 2025, 8:08 am
Below is a detailed analysis of the quarterly data for Aether Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Sales, as of Sep 2025, the value is 225.00 Cr.. The value appears strong and on an upward trend. It has increased from 214.00 Cr. (Jun 2025) to 225.00 Cr., marking an increase of 11.00 Cr..
- For Expenses, as of Sep 2025, the value is 153.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 146.00 Cr. (Jun 2025) to 153.00 Cr., marking an increase of 7.00 Cr..
- For Operating Profit, as of Sep 2025, the value is 72.00 Cr.. The value appears strong and on an upward trend. It has increased from 69.00 Cr. (Jun 2025) to 72.00 Cr., marking an increase of 3.00 Cr..
- For OPM %, as of Sep 2025, the value is 32.00%. The value remains steady. There is no change compared to the previous period (Jun 2025) which recorded 32.00%.
- For Other Income, as of Sep 2025, the value is 7.00 Cr.. The value appears strong and on an upward trend. It has increased from 1.00 Cr. (Jun 2025) to 7.00 Cr., marking an increase of 6.00 Cr..
- For Interest, as of Sep 2025, the value is 2.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 3.00 Cr. (Jun 2025) to 2.00 Cr., marking a decrease of 1.00 Cr..
- For Depreciation, as of Sep 2025, the value is 15.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 13.00 Cr. (Jun 2025) to 15.00 Cr., marking an increase of 2.00 Cr..
- For Profit before tax, as of Sep 2025, the value is 62.00 Cr.. The value appears strong and on an upward trend. It has increased from 53.00 Cr. (Jun 2025) to 62.00 Cr., marking an increase of 9.00 Cr..
- For Tax %, as of Sep 2025, the value is 29.00%. The value appears to be increasing, which may not be favorable. It has increased from 24.00% (Jun 2025) to 29.00%, marking an increase of 5.00%.
- For Net Profit, as of Sep 2025, the value is 44.00 Cr.. The value appears strong and on an upward trend. It has increased from 40.00 Cr. (Jun 2025) to 44.00 Cr., marking an increase of 4.00 Cr..
- For EPS in Rs, as of Sep 2025, the value is 3.29. The value appears strong and on an upward trend. It has increased from 3.03 (Jun 2025) to 3.29, marking an increase of 0.26.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: December 15, 2025, 4:17 am
| Metric | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 1 | 0 | 24 | 109 | 201 | 302 | 450 | 590 | 651 | 596 | 789 | 851 |
| Expenses | 1 | 3 | 1 | 22 | 85 | 154 | 230 | 338 | 422 | 465 | 464 | 563 | 584 |
| Operating Profit | -1 | -2 | -1 | 2 | 23 | 48 | 72 | 112 | 168 | 186 | 131 | 225 | 267 |
| OPM % | -252% | -194% | 10% | 21% | 24% | 24% | 25% | 28% | 29% | 22% | 29% | 31% | |
| Other Income | 3 | 4 | 1 | 0 | 0 | 2 | 2 | 4 | 7 | 17 | 30 | 32 | 22 |
| Interest | 1 | 1 | 0 | 1 | 9 | 11 | 9 | 11 | 13 | 5 | 9 | 10 | 11 |
| Depreciation | 0 | 0 | 0 | 1 | 5 | 6 | 8 | 11 | 15 | 23 | 39 | 43 | 50 |
| Profit before tax | 0 | 0 | 0 | 1 | 9 | 33 | 57 | 94 | 146 | 174 | 114 | 205 | 228 |
| Tax % | 39% | 27% | 31% | 300% | 17% | 28% | 29% | 24% | 26% | 25% | 23% | 26% | |
| Net Profit | 0 | 0 | 0 | -1 | 8 | 23 | 40 | 71 | 109 | 130 | 88 | 152 | 167 |
| EPS in Rs | 0.14 | 0.12 | 0.11 | -1.27 | 9.08 | 27.27 | 46.68 | 70.43 | 9.67 | 10.47 | 6.65 | 11.47 | 12.64 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | 900.00% | 187.50% | 73.91% | 77.50% | 53.52% | 19.27% | -32.31% | 72.73% |
| Change in YoY Net Profit Growth (%) | 0.00% | -712.50% | -113.59% | 3.59% | -23.98% | -34.26% | -51.57% | 105.03% |
Aether Industries Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2017-2018 to 2024-2025.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 98% |
| 5 Years: | 21% |
| 3 Years: | 10% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 57% |
| 5 Years: | 32% |
| 3 Years: | 14% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -6% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 11% |
| 3 Years: | 8% |
| Last Year: | 7% |
Last Updated: September 5, 2025, 2:06 pm
Balance Sheet
Last Updated: December 10, 2025, 3:45 am
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 34 | 9 | 9 | 9 | 9 | 10 | 113 | 125 | 133 | 133 | 133 |
| Reserves | 0 | 0 | 0 | -1 | 7 | 30 | 70 | 164 | 274 | 1,120 | 1,936 | 2,093 | 2,178 |
| Borrowings | 40 | 35 | 53 | 111 | 126 | 126 | 172 | 211 | 291 | 16 | 144 | 137 | 165 |
| Other Liabilities | 1 | 1 | -21 | 19 | 18 | 42 | 50 | 67 | 92 | 120 | 143 | 199 | 275 |
| Total Liabilities | 50 | 45 | 65 | 137 | 159 | 207 | 300 | 453 | 770 | 1,380 | 2,356 | 2,561 | 2,750 |
| Fixed Assets | 2 | 1 | 1 | 56 | 100 | 106 | 129 | 216 | 257 | 646 | 743 | 989 | 1,068 |
| CWIP | 7 | 20 | 42 | 40 | 2 | 1 | 17 | 0 | 58 | 37 | 219 | 340 | 529 |
| Investments | 16 | 8 | 0 | 0 | 0 | 0 | 0 | 22 | 17 | 1 | 0 | 100 | 100 |
| Other Assets | 25 | 15 | 21 | 41 | 56 | 99 | 154 | 214 | 438 | 695 | 1,393 | 1,133 | 1,052 |
| Total Assets | 50 | 45 | 65 | 137 | 159 | 207 | 300 | 453 | 770 | 1,380 | 2,356 | 2,561 | 2,750 |
Below is a detailed analysis of the balance sheet data for Aether Industries Ltd based on the most recent figures (Sep 2025) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2025, the value is 133.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 133.00 Cr..
- For Reserves, as of Sep 2025, the value is 2,178.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,093.00 Cr. (Mar 2025) to 2,178.00 Cr., marking an increase of 85.00 Cr..
- For Borrowings, as of Sep 2025, the value is 165.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 137.00 Cr. (Mar 2025) to 165.00 Cr., marking an increase of 28.00 Cr..
- For Other Liabilities, as of Sep 2025, the value is 275.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 199.00 Cr. (Mar 2025) to 275.00 Cr., marking an increase of 76.00 Cr..
- For Total Liabilities, as of Sep 2025, the value is 2,750.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,561.00 Cr. (Mar 2025) to 2,750.00 Cr., marking an increase of 189.00 Cr..
- For Fixed Assets, as of Sep 2025, the value is 1,068.00 Cr.. The value appears strong and on an upward trend. It has increased from 989.00 Cr. (Mar 2025) to 1,068.00 Cr., marking an increase of 79.00 Cr..
- For CWIP, as of Sep 2025, the value is 529.00 Cr.. The value appears strong and on an upward trend. It has increased from 340.00 Cr. (Mar 2025) to 529.00 Cr., marking an increase of 189.00 Cr..
- For Investments, as of Sep 2025, the value is 100.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2025) which recorded 100.00 Cr..
- For Other Assets, as of Sep 2025, the value is 1,052.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,133.00 Cr. (Mar 2025) to 1,052.00 Cr., marking a decrease of 81.00 Cr..
- For Total Assets, as of Sep 2025, the value is 2,750.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,561.00 Cr. (Mar 2025) to 2,750.00 Cr., marking an increase of 189.00 Cr..
Notably, the Reserves (2,178.00 Cr.) exceed the Borrowings (165.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow - No data available for this post.
Free Cash Flow
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | -41.00 | -37.00 | -54.00 | -109.00 | -103.00 | -78.00 | -100.00 | -99.00 | -123.00 | 170.00 | -13.00 | 88.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 94 | 4,358 | 167 | 88 | 87 | 76 | 88 | 101 | 145 | 141 | 122 | |
| Inventory Days | 52 | 9,733 | 629 | 149 | 133 | 166 | 141 | 221 | 301 | 411 | 377 | |
| Days Payable | 172 | 1,922 | 575 | 92 | 76 | 88 | 82 | 95 | 99 | 113 | 111 | |
| Cash Conversion Cycle | -25 | 12,169 | 220 | 144 | 144 | 153 | 147 | 227 | 348 | 439 | 388 | |
| Working Capital Days | -794 | 9,037 | -18 | 49 | 11 | 32 | 36 | 82 | 268 | 360 | 276 | |
| ROCE % | -1% | -0% | 2% | 14% | 28% | 32% | 33% | 30% | 18% | 8% | 10% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Multicap Fund | 4,000,000 | 1.46 | 350.88 | 1,590,220 | 2025-11-03 04:24:09 | 151.54% |
| SBI MNC Fund | 3,100,000 | 4.54 | 271.93 | N/A | N/A | N/A |
| SBI Childrens Fund - Investment Plan | 1,900,000 | 3.3 | 166.67 | N/A | N/A | N/A |
| SBI Healthcare Opportunities Fund | 1,400,000 | 2.97 | 122.81 | 1,400,000 | 2025-04-22 17:25:14 | 0% |
| HDFC Business Cycle Fund | 792,094 | 2.37 | 69.48 | N/A | N/A | N/A |
| Edelweiss Small Cap Fund | 645,867 | 1.06 | 56.66 | N/A | N/A | N/A |
| Edelweiss Large & Mid Cap Fund | 517,371 | 1.02 | 45.38 | N/A | N/A | N/A |
| Invesco India Smallcap Fund | 303,495 | 0.3 | 26.62 | N/A | N/A | N/A |
| SBI Equity Savings Fund | 288,286 | 0.42 | 25.29 | 435,960 | 2025-12-15 01:38:59 | -33.87% |
| Axis Innovation Fund | 272,148 | 1.99 | 23.87 | N/A | N/A | N/A |
Key Financial Ratios
| Month | Mar 25 | Mar 24 | Mar 23 | Mar 22 |
|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 11.95 | 6.31 | 10.47 | 9.67 |
| Diluted EPS (Rs.) | 11.94 | 6.31 | 10.47 | 9.67 |
| Cash EPS (Rs.) | 15.34 | 9.21 | 12.34 | 11.04 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 167.88 | 155.66 | 99.96 | 34.33 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 167.88 | 155.66 | 99.96 | 34.33 |
| Revenue From Operations / Share (Rs.) | 63.25 | 45.13 | 52.29 | 52.36 |
| PBDIT / Share (Rs.) | 21.33 | 12.94 | 16.29 | 15.54 |
| PBIT / Share (Rs.) | 17.93 | 9.94 | 14.42 | 14.16 |
| PBT / Share (Rs.) | 16.06 | 8.26 | 14.01 | 13.00 |
| Net Profit / Share (Rs.) | 11.95 | 6.22 | 10.47 | 9.67 |
| NP After MI And SOA / Share (Rs.) | 11.95 | 6.22 | 10.47 | 9.67 |
| PBDIT Margin (%) | 33.71 | 28.66 | 31.15 | 29.67 |
| PBIT Margin (%) | 28.35 | 22.03 | 27.58 | 27.04 |
| PBT Margin (%) | 25.39 | 18.30 | 26.79 | 24.82 |
| Net Profit Margin (%) | 18.88 | 13.79 | 20.03 | 18.46 |
| NP After MI And SOA Margin (%) | 18.88 | 13.79 | 20.03 | 18.46 |
| Return on Networth / Equity (%) | 7.11 | 3.99 | 10.47 | 28.15 |
| Return on Capital Employeed (%) | 10.36 | 6.24 | 13.96 | 30.24 |
| Return On Assets (%) | 5.99 | 3.43 | 9.45 | 14.14 |
| Long Term Debt / Equity (X) | 0.00 | 0.00 | 0.00 | 0.31 |
| Total Debt / Equity (X) | 0.08 | 0.08 | 0.00 | 0.73 |
| Asset Turnover Ratio (%) | 0.33 | 0.31 | 0.60 | 0.00 |
| Current Ratio (X) | 3.25 | 4.51 | 7.18 | 1.69 |
| Quick Ratio (X) | 2.11 | 3.32 | 4.54 | 1.02 |
| Inventory Turnover Ratio (X) | 2.27 | 1.27 | 1.84 | 0.00 |
| Interest Coverage Ratio (X) | 21.87 | 20.13 | 39.82 | 13.34 |
| Interest Coverage Ratio (Post Tax) (X) | 14.17 | 12.30 | 26.61 | 9.30 |
| Enterprise Value (Cr.) | 10957.01 | 9960.48 | 11572.59 | 0.00 |
| EV / Net Operating Revenue (X) | 13.06 | 16.65 | 17.77 | 0.00 |
| EV / EBITDA (X) | 38.74 | 58.09 | 57.06 | 0.00 |
| MarketCap / Net Operating Revenue (X) | 13.13 | 17.30 | 17.93 | 0.00 |
| Price / BV (X) | 4.95 | 5.01 | 9.38 | 0.00 |
| Price / Net Operating Revenue (X) | 13.13 | 17.30 | 17.93 | 0.00 |
| EarningsYield | 0.01 | 0.01 | 0.01 | 0.00 |
After reviewing the key financial ratios for Aether Industries Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 25, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 25, the value is 11.95. This value is within the healthy range. It has increased from 6.31 (Mar 24) to 11.95, marking an increase of 5.64.
- For Diluted EPS (Rs.), as of Mar 25, the value is 11.94. This value is within the healthy range. It has increased from 6.31 (Mar 24) to 11.94, marking an increase of 5.63.
- For Cash EPS (Rs.), as of Mar 25, the value is 15.34. This value is within the healthy range. It has increased from 9.21 (Mar 24) to 15.34, marking an increase of 6.13.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 167.88. It has increased from 155.66 (Mar 24) to 167.88, marking an increase of 12.22.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 25, the value is 167.88. It has increased from 155.66 (Mar 24) to 167.88, marking an increase of 12.22.
- For Revenue From Operations / Share (Rs.), as of Mar 25, the value is 63.25. It has increased from 45.13 (Mar 24) to 63.25, marking an increase of 18.12.
- For PBDIT / Share (Rs.), as of Mar 25, the value is 21.33. This value is within the healthy range. It has increased from 12.94 (Mar 24) to 21.33, marking an increase of 8.39.
- For PBIT / Share (Rs.), as of Mar 25, the value is 17.93. This value is within the healthy range. It has increased from 9.94 (Mar 24) to 17.93, marking an increase of 7.99.
- For PBT / Share (Rs.), as of Mar 25, the value is 16.06. This value is within the healthy range. It has increased from 8.26 (Mar 24) to 16.06, marking an increase of 7.80.
- For Net Profit / Share (Rs.), as of Mar 25, the value is 11.95. This value is within the healthy range. It has increased from 6.22 (Mar 24) to 11.95, marking an increase of 5.73.
- For NP After MI And SOA / Share (Rs.), as of Mar 25, the value is 11.95. This value is within the healthy range. It has increased from 6.22 (Mar 24) to 11.95, marking an increase of 5.73.
- For PBDIT Margin (%), as of Mar 25, the value is 33.71. This value is within the healthy range. It has increased from 28.66 (Mar 24) to 33.71, marking an increase of 5.05.
- For PBIT Margin (%), as of Mar 25, the value is 28.35. This value exceeds the healthy maximum of 20. It has increased from 22.03 (Mar 24) to 28.35, marking an increase of 6.32.
- For PBT Margin (%), as of Mar 25, the value is 25.39. This value is within the healthy range. It has increased from 18.30 (Mar 24) to 25.39, marking an increase of 7.09.
- For Net Profit Margin (%), as of Mar 25, the value is 18.88. This value exceeds the healthy maximum of 10. It has increased from 13.79 (Mar 24) to 18.88, marking an increase of 5.09.
- For NP After MI And SOA Margin (%), as of Mar 25, the value is 18.88. This value is within the healthy range. It has increased from 13.79 (Mar 24) to 18.88, marking an increase of 5.09.
- For Return on Networth / Equity (%), as of Mar 25, the value is 7.11. This value is below the healthy minimum of 15. It has increased from 3.99 (Mar 24) to 7.11, marking an increase of 3.12.
- For Return on Capital Employeed (%), as of Mar 25, the value is 10.36. This value is within the healthy range. It has increased from 6.24 (Mar 24) to 10.36, marking an increase of 4.12.
- For Return On Assets (%), as of Mar 25, the value is 5.99. This value is within the healthy range. It has increased from 3.43 (Mar 24) to 5.99, marking an increase of 2.56.
- For Long Term Debt / Equity (X), as of Mar 25, the value is 0.00. This value is below the healthy minimum of 0.2. There is no change compared to the previous period (Mar 24) which recorded 0.00.
- For Total Debt / Equity (X), as of Mar 25, the value is 0.08. This value is within the healthy range. There is no change compared to the previous period (Mar 24) which recorded 0.08.
- For Asset Turnover Ratio (%), as of Mar 25, the value is 0.33. It has increased from 0.31 (Mar 24) to 0.33, marking an increase of 0.02.
- For Current Ratio (X), as of Mar 25, the value is 3.25. This value exceeds the healthy maximum of 3. It has decreased from 4.51 (Mar 24) to 3.25, marking a decrease of 1.26.
- For Quick Ratio (X), as of Mar 25, the value is 2.11. This value exceeds the healthy maximum of 2. It has decreased from 3.32 (Mar 24) to 2.11, marking a decrease of 1.21.
- For Inventory Turnover Ratio (X), as of Mar 25, the value is 2.27. This value is below the healthy minimum of 4. It has increased from 1.27 (Mar 24) to 2.27, marking an increase of 1.00.
- For Interest Coverage Ratio (X), as of Mar 25, the value is 21.87. This value is within the healthy range. It has increased from 20.13 (Mar 24) to 21.87, marking an increase of 1.74.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 25, the value is 14.17. This value is within the healthy range. It has increased from 12.30 (Mar 24) to 14.17, marking an increase of 1.87.
- For Enterprise Value (Cr.), as of Mar 25, the value is 10,957.01. It has increased from 9,960.48 (Mar 24) to 10,957.01, marking an increase of 996.53.
- For EV / Net Operating Revenue (X), as of Mar 25, the value is 13.06. This value exceeds the healthy maximum of 3. It has decreased from 16.65 (Mar 24) to 13.06, marking a decrease of 3.59.
- For EV / EBITDA (X), as of Mar 25, the value is 38.74. This value exceeds the healthy maximum of 15. It has decreased from 58.09 (Mar 24) to 38.74, marking a decrease of 19.35.
- For MarketCap / Net Operating Revenue (X), as of Mar 25, the value is 13.13. This value exceeds the healthy maximum of 3. It has decreased from 17.30 (Mar 24) to 13.13, marking a decrease of 4.17.
- For Price / BV (X), as of Mar 25, the value is 4.95. This value exceeds the healthy maximum of 3. It has decreased from 5.01 (Mar 24) to 4.95, marking a decrease of 0.06.
- For Price / Net Operating Revenue (X), as of Mar 25, the value is 13.13. This value exceeds the healthy maximum of 3. It has decreased from 17.30 (Mar 24) to 13.13, marking a decrease of 4.17.
- For EarningsYield, as of Mar 25, the value is 0.01. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 24) which recorded 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Aether Industries Ltd:
- Net Profit Margin: 18.88%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 10.36% (Industry Average ROCE: 12.99%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 7.11% (Industry Average ROE: 25.41%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 14.17
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 2.11
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 73.2 (Industry average Stock P/E: 59.67)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.08
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 18.88%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Chemicals - Speciality - Others | Plot No. 8203, Surat Gujarat 394230 | Contact not found |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Kamalvijay Ramchandra Tulsian | Chairman & Non-Exe.Director |
| Mr. Ashwin Jayantilal Desai | Managing Director |
| Mr. Rohan Ashwin Desai | Whole Time Director |
| Dr. Aman Ashvin Desai | Whole Time Director |
| Ms. Purnima Ashwin Desai | Whole Time Director |
| Ms. Ishita Surendra Manjrekar | Non Executive Director |
| Mr. Arun Brijmohan Kanodiya | Ind. Non-Executive Director |
| Mr. Jeevan Lal Nagori | Ind. Non-Executive Director |
| Mr. Leja Satish Hattiangadi | Ind. Non-Executive Director |
| Dr. Amol Arvindrao Kulkarni | Ind. Non-Executive Director |
| Mr. Rajkumar Mangilal Borana | Ind. Non-Executive Director |
| Mr. Jitendra Popatlal Vakharia | Ind. Non-Executive Director |
FAQ
What is the intrinsic value of Aether Industries Ltd?
Aether Industries Ltd's intrinsic value (as of 21 January 2026) is ₹821.29 which is 14.98% lower the current market price of ₹966.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's ₹12,837 Cr. market cap, FY2025-2026 high/low of ₹1,022/723, reserves of ₹2,178 Cr, and liabilities of ₹2,750 Cr.
What is the Market Cap of Aether Industries Ltd?
The Market Cap of Aether Industries Ltd is 12,837 Cr..
What is the current Stock Price of Aether Industries Ltd as on 21 January 2026?
The current stock price of Aether Industries Ltd as on 21 January 2026 is ₹966.
What is the High / Low of Aether Industries Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of Aether Industries Ltd stocks is ₹1,022/723.
What is the Stock P/E of Aether Industries Ltd?
The Stock P/E of Aether Industries Ltd is 73.2.
What is the Book Value of Aether Industries Ltd?
The Book Value of Aether Industries Ltd is 174.
What is the Dividend Yield of Aether Industries Ltd?
The Dividend Yield of Aether Industries Ltd is 0.00 %.
What is the ROCE of Aether Industries Ltd?
The ROCE of Aether Industries Ltd is 9.92 %.
What is the ROE of Aether Industries Ltd?
The ROE of Aether Industries Ltd is 7.49 %.
What is the Face Value of Aether Industries Ltd?
The Face Value of Aether Industries Ltd is 10.0.

