Share Price and Basic Stock Data
Last Updated: October 22, 2025, 7:57 am
| PEG Ratio | 12.29 |
|---|
Analyst Insight & Comprehensive Analysis
Business Overview and Revenue Trends
Aether Industries Ltd operates in the specialty chemicals sector, reporting a market capitalization of ₹9,947 Cr and a current share price of ₹750. The company has demonstrated significant revenue growth over the years, with sales rising from ₹590 Cr in FY 2022 to ₹651 Cr in FY 2023. In the latest quarterly results, sales for Mar 2025 stood at ₹215 Cr, indicating a progressive recovery after a dip to ₹115 Cr in Mar 2024. The quarterly sales figures reflect a robust performance in the face of fluctuating market conditions, with the highest quarterly sales recorded at ₹197 Cr in Dec 2024. Aether Industries has maintained a commendable operating profit margin (OPM) of 32%, although there have been fluctuations, with a notable decline to 20% in Dec 2023. The cash conversion cycle (CCC) averaged 388 days, indicating the time taken to convert investments in inventory and other resources into cash flows from sales. This trend highlights the company’s operational dynamics and its ability to navigate the complexities of the specialty chemicals market.
Profitability and Efficiency Metrics
The profitability metrics for Aether Industries reveal a mixed performance in terms of efficiency and net profits. The company reported a net profit of ₹152 Cr for FY 2025, up from ₹130 Cr in FY 2023, demonstrating a positive growth trajectory despite the challenges faced in the previous year. The earnings per share (EPS) for Mar 2025 rose to ₹11.95, reflecting an increase from ₹10.47 in FY 2023. However, the return on equity (ROE) has shown volatility, standing at 7.49%, which is relatively low compared to sector benchmarks. The interest coverage ratio (ICR) was a robust 21.87x, indicating strong ability to meet interest obligations. Aether’s OPM varied throughout the fiscal year, peaking at 32% in Mar 2023 but declining to 31% in Mar 2025. These fluctuations in profitability metrics underscore both the strengths in operational management and the pressures from cost increases, necessitating a careful approach to maintaining margins in a competitive landscape.
Balance Sheet Strength and Financial Ratios
Aether Industries maintains a solid balance sheet with total assets at ₹2,561 Cr, reflecting a healthy growth in reserves, which reached ₹2,093 Cr. This is a significant increase from ₹1,120 Cr in Mar 2023, indicating strong retention of earnings. The company’s borrowings stood at ₹137 Cr, resulting in a low debt-to-equity ratio of 0.08, suggesting conservative financial leverage. The current ratio is reported at 3.25, which is well above the typical industry standard, indicating strong liquidity and the ability to meet short-term obligations. The company’s return on capital employed (ROCE) improved to 10.36%, signaling effective utilization of capital for generating profits. However, the price-to-book value (P/BV) ratio of 4.95x appears elevated relative to industry norms, potentially indicating overvaluation concerns. These financial ratios reflect Aether’s robust financial health and prudent management of resources, providing a strong base for future growth.
Shareholding Pattern and Investor Confidence
The shareholding structure of Aether Industries indicates a strong promoter commitment, holding 74.99% of the company, although this has declined from 87.10% in Sep 2022. The presence of Foreign Institutional Investors (FIIs) has increased to 5.03%, up from just 1.49% in Sep 2022, suggesting growing confidence among international investors. Domestic Institutional Investors (DIIs) hold 13.41%, reflecting stable institutional support. The public shareholding stands at 6.55%, which has seen an increase as well, indicating a gradual diversification of the shareholder base. The number of shareholders grew to 72,628, demonstrating rising retail interest in the stock. This evolving shareholding pattern reflects a positive outlook and increased confidence from both institutional and retail investors, although the reduction in promoter holdings may raise questions about long-term commitment and control over the company.
Outlook, Risks, and Final Insight
If margins sustain around the current levels and operational efficiencies improve, Aether Industries could capitalize on its strong market position to enhance profitability further. However, the company faces risks such as fluctuating raw material costs and competitive pressures in the specialty chemicals sector. Additionally, the high P/BV ratio may pose challenges in attracting new investors if not justified by corresponding growth in earnings. The potential for increasing market demand in specialty chemicals presents an opportunity for Aether to expand its footprint. If the company effectively manages its cash conversion cycle and maintains a strong liquidity position, it could leverage growth opportunities while mitigating risks associated with market volatility. Overall, Aether Industries is well-positioned to navigate its operational landscape, provided it continues to focus on efficiency and strategic growth initiatives.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Aether Industries Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| HP Adhesives Ltd | 430 Cr. | 46.8 | 88.0/42.6 | 26.2 | 20.0 | 0.85 % | 13.6 % | 9.82 % | 2.00 |
| Haryana Leather Chemicals Ltd | 39.8 Cr. | 81.0 | 104/56.0 | 17.8 | 87.4 | 1.23 % | 8.02 % | 5.45 % | 10.0 |
| Hardcastle & Waud Mfg Co Ltd | 48.6 Cr. | 715 | 1,178/600 | 52.8 | 670 | 0.00 % | 6.31 % | 2.91 % | 10.0 |
| Grauer & Weil (India) Ltd | 4,043 Cr. | 89.2 | 114/78.0 | 26.9 | 20.7 | 0.56 % | 23.3 % | 17.6 % | 1.00 |
| DMCC Speciality Chemicals Ltd | 757 Cr. | 304 | 453/241 | 27.1 | 91.1 | 0.82 % | 14.1 % | 9.97 % | 10.0 |
| Industry Average | 13,171.00 Cr | 756.28 | 48.15 | 178.12 | 0.40% | 12.99% | 25.41% | 6.44 |
Quarterly Result
| Metric | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 160 | 140 | 167 | 184 | 161 | 164 | 155 | 115 | 180 | 196 | 197 | 215 | 214 |
| Expenses | 118 | 103 | 120 | 124 | 116 | 118 | 124 | 106 | 137 | 142 | 138 | 147 | 146 |
| Operating Profit | 42 | 37 | 47 | 60 | 45 | 46 | 31 | 9 | 43 | 55 | 60 | 67 | 69 |
| OPM % | 27% | 26% | 28% | 32% | 28% | 28% | 20% | 8% | 24% | 28% | 30% | 31% | 32% |
| Other Income | 6 | 6 | 3 | 1 | 3 | 15 | 6 | 6 | 9 | 9 | 11 | 3 | 1 |
| Interest | 3 | 1 | 0 | 1 | 1 | 2 | 2 | 4 | 3 | 2 | 3 | 2 | 3 |
| Depreciation | 5 | 5 | 6 | 7 | 9 | 10 | 10 | 10 | 10 | 11 | 10 | 12 | 13 |
| Profit before tax | 41 | 37 | 44 | 52 | 37 | 50 | 25 | 2 | 40 | 52 | 57 | 56 | 53 |
| Tax % | 26% | 27% | 20% | 28% | 18% | 24% | 25% | 40% | 24% | 26% | 29% | 23% | 24% |
| Net Profit | 31 | 27 | 35 | 38 | 30 | 38 | 19 | 1 | 30 | 38 | 41 | 43 | 40 |
| EPS in Rs | 2.46 | 2.19 | 2.81 | 3.02 | 2.28 | 2.85 | 1.44 | 0.08 | 2.28 | 2.87 | 3.08 | 3.24 | 3.03 |
Last Updated: August 1, 2025, 8:20 am
Below is a detailed analysis of the quarterly data for Aether Industries Ltd based on the most recent figures (Jun 2025) and their trends compared to the previous period:
- For Sales, as of Jun 2025, the value is 214.00 Cr.. The value appears to be declining and may need further review. It has decreased from 215.00 Cr. (Mar 2025) to 214.00 Cr., marking a decrease of 1.00 Cr..
- For Expenses, as of Jun 2025, the value is 146.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 147.00 Cr. (Mar 2025) to 146.00 Cr., marking a decrease of 1.00 Cr..
- For Operating Profit, as of Jun 2025, the value is 69.00 Cr.. The value appears strong and on an upward trend. It has increased from 67.00 Cr. (Mar 2025) to 69.00 Cr., marking an increase of 2.00 Cr..
- For OPM %, as of Jun 2025, the value is 32.00%. The value appears strong and on an upward trend. It has increased from 31.00% (Mar 2025) to 32.00%, marking an increase of 1.00%.
- For Other Income, as of Jun 2025, the value is 1.00 Cr.. The value appears to be declining and may need further review. It has decreased from 3.00 Cr. (Mar 2025) to 1.00 Cr., marking a decrease of 2.00 Cr..
- For Interest, as of Jun 2025, the value is 3.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2.00 Cr. (Mar 2025) to 3.00 Cr., marking an increase of 1.00 Cr..
- For Depreciation, as of Jun 2025, the value is 13.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 12.00 Cr. (Mar 2025) to 13.00 Cr., marking an increase of 1.00 Cr..
- For Profit before tax, as of Jun 2025, the value is 53.00 Cr.. The value appears to be declining and may need further review. It has decreased from 56.00 Cr. (Mar 2025) to 53.00 Cr., marking a decrease of 3.00 Cr..
- For Tax %, as of Jun 2025, the value is 24.00%. The value appears to be increasing, which may not be favorable. It has increased from 23.00% (Mar 2025) to 24.00%, marking an increase of 1.00%.
- For Net Profit, as of Jun 2025, the value is 40.00 Cr.. The value appears to be declining and may need further review. It has decreased from 43.00 Cr. (Mar 2025) to 40.00 Cr., marking a decrease of 3.00 Cr..
- For EPS in Rs, as of Jun 2025, the value is 3.03. The value appears to be declining and may need further review. It has decreased from 3.24 (Mar 2025) to 3.03, marking a decrease of 0.21.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 4:02 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 | 823 |
| Expenses | 1 | 3 | 1 | 22 | 85 | 154 | 230 | 338 | 422 | 465 | 464 | 563 | 572 |
| Operating Profit | -1 | -2 | -1 | 2 | 23 | 48 | 72 | 112 | 168 | 186 | 131 | 225 | 251 |
| OPM % | -252% | -194% | 10% | 21% | 24% | 24% | 25% | 28% | 29% | 22% | 29% | 30% | |
| Other Income | 3 | 4 | 1 | 0 | 0 | 2 | 2 | 4 | 7 | 17 | 30 | 32 | 24 |
| 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 | 45 |
| Profit before tax | 0 | 0 | 0 | 1 | 9 | 33 | 57 | 94 | 146 | 174 | 114 | 205 | 218 |
| 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 | 162 |
| 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 | 12.22 |
| 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: September 10, 2025, 2:56 pm
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9 | 9 | 34 | 9 | 9 | 9 | 9 | 10 | 113 | 125 | 133 | 133 |
| Reserves | 0 | 0 | 0 | -1 | 7 | 30 | 70 | 164 | 274 | 1,120 | 1,936 | 2,093 |
| Borrowings | 40 | 35 | 53 | 111 | 126 | 126 | 172 | 211 | 291 | 16 | 144 | 137 |
| Other Liabilities | 1 | 1 | -21 | 19 | 18 | 42 | 50 | 67 | 92 | 120 | 143 | 199 |
| Total Liabilities | 50 | 45 | 65 | 137 | 159 | 207 | 300 | 453 | 770 | 1,380 | 2,356 | 2,561 |
| Fixed Assets | 2 | 1 | 1 | 56 | 100 | 106 | 129 | 216 | 257 | 646 | 743 | 989 |
| CWIP | 7 | 20 | 42 | 40 | 2 | 1 | 17 | 0 | 58 | 37 | 219 | 340 |
| Investments | 16 | 8 | 0 | 0 | 0 | 0 | 0 | 22 | 17 | 1 | 0 | 100 |
| Other Assets | 25 | 15 | 21 | 41 | 56 | 99 | 154 | 214 | 438 | 695 | 1,393 | 1,133 |
| Total Assets | 50 | 45 | 65 | 137 | 159 | 207 | 300 | 453 | 770 | 1,380 | 2,356 | 2,561 |
Below is a detailed analysis of the balance sheet data for Aether Industries Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Equity Capital, as of Mar 2025, the value is 133.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 133.00 Cr..
- For Reserves, as of Mar 2025, the value is 2,093.00 Cr.. The value appears strong and on an upward trend. It has increased from 1,936.00 Cr. (Mar 2024) to 2,093.00 Cr., marking an increase of 157.00 Cr..
- For Borrowings, as of Mar 2025, the value is 137.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 144.00 Cr. (Mar 2024) to 137.00 Cr., marking a decrease of 7.00 Cr..
- For Other Liabilities, as of Mar 2025, the value is 199.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 143.00 Cr. (Mar 2024) to 199.00 Cr., marking an increase of 56.00 Cr..
- For Total Liabilities, as of Mar 2025, the value is 2,561.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 2,356.00 Cr. (Mar 2024) to 2,561.00 Cr., marking an increase of 205.00 Cr..
- For Fixed Assets, as of Mar 2025, the value is 989.00 Cr.. The value appears strong and on an upward trend. It has increased from 743.00 Cr. (Mar 2024) to 989.00 Cr., marking an increase of 246.00 Cr..
- For CWIP, as of Mar 2025, the value is 340.00 Cr.. The value appears strong and on an upward trend. It has increased from 219.00 Cr. (Mar 2024) to 340.00 Cr., marking an increase of 121.00 Cr..
- For Investments, as of Mar 2025, the value is 100.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Mar 2024) to 100.00 Cr., marking an increase of 100.00 Cr..
- For Other Assets, as of Mar 2025, the value is 1,133.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,393.00 Cr. (Mar 2024) to 1,133.00 Cr., marking a decrease of 260.00 Cr..
- For Total Assets, as of Mar 2025, the value is 2,561.00 Cr.. The value appears strong and on an upward trend. It has increased from 2,356.00 Cr. (Mar 2024) to 2,561.00 Cr., marking an increase of 205.00 Cr..
Notably, the Reserves (2,093.00 Cr.) exceed the Borrowings (137.00 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
| 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
| 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 Magnum Midcap Fund | 3,266,269 | 1.81 | 288.67 | 3,266,269 | 2025-04-22 17:25:14 | 0% |
| SBI Magnum Global Fund | 3,100,000 | 4.21 | 273.98 | 3,100,000 | 2025-04-22 17:25:14 | 0% |
| SBI Multicap Fund | 1,590,220 | 0.96 | 140.54 | 1,590,220 | 2025-04-22 17:25:14 | 0% |
| SBI Healthcare Opportunities Fund | 1,400,000 | 5.09 | 123.73 | 1,400,000 | 2025-04-22 17:25:14 | 0% |
| SBI Conservative Hybrid Fund | 1,030,000 | 0.94 | 89.22 | 1,030,000 | 2025-04-22 17:25:14 | 0% |
| SBI Conservative Hybrid Fund - Div (Annual) | 1,030,000 | 0.94 | 89.22 | 1,030,000 | 2025-04-22 17:25:14 | 0% |
| SBI Conservative Hybrid Fund - Div (Monthly) | 1,030,000 | 0.94 | 89.22 | 1,030,000 | 2025-04-22 17:25:14 | 0% |
| Axis Small Cap Fund | 585,452 | 0.26 | 51.74 | 585,452 | 2025-04-22 17:25:14 | 0% |
| SBI Magnum Childrens Benefit Fund - Investment Plan | 440,000 | 2.42 | 38.89 | 440,000 | 2025-04-22 17:25:14 | 0% |
| SBI Equity Savings Fund | 435,960 | 0.99 | 38.53 | 435,960 | 2025-04-22 17:25:14 | 0% |
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: 58.9 (Industry average Stock P/E: 48.15)
- 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 | info@aether.co.in http://www.aether.co.in |
| 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 22 October 2025) is 604.78 which is 20.21% lower the current market price of 758.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 10,050 Cr. market cap, FY2025-2026 high/low of 938/725, reserves of ₹2,093 Cr, and liabilities of 2,561 Cr.
What is the Market Cap of Aether Industries Ltd?
The Market Cap of Aether Industries Ltd is 10,050 Cr..
What is the current Stock Price of Aether Industries Ltd as on 22 October 2025?
The current stock price of Aether Industries Ltd as on 22 October 2025 is 758.
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 938/725.
What is the Stock P/E of Aether Industries Ltd?
The Stock P/E of Aether Industries Ltd is 58.9.
What is the Book Value of Aether Industries Ltd?
The Book Value of Aether Industries Ltd is 168.
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.