MarketFriction

Aether Industries Ltd

NSE AETHER · BSE 543534 · Specialty Chemicals
₹1,670.00 -1.72%
NSE close2026-10-01
52 week range728.00 - 1,798.00
Market cap₹23,226 Cr.
P/E96.8
IPO 2022 · +160% since Nifty 500Smallcap 250 Price band 20% Delivery 57.4%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales164155118180199220240257280319305327
Expenses118124107137145155161175192207222224
Operating Profit46311043546580818811283103
OPM %28%20%9%24%27%29%33%32%31%35%27%31%
Other Income145498112-16-4108
Interest224323553466
Depreciation101010101111131417171821
Profit before tax49240394961646274876883
Tax %25%27%486%24%28%29%21%24%27%26%21%25%
Net Profit3717-1303543504754645463
EPS in Rs2.771.31-0.112.262.633.273.793.554.074.864.074.73
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales5906515988411,1601,231
Expenses422465466598796845
Operating Profit168186132243364386
OPM %28%29%22%29%31%31%
Other Income71725281220
Interest1359131819
Depreciation152340456674
Profit before tax146174110213291313
Tax %26%25%25%26%25%
Net Profit10913082158219235
EPS in Rs9.6710.476.2211.9516.5417.73
Dividend Payout %0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%21%34%
Compounded Profit Growth%%20%30%
Stock Price CAGR%%22%133%
Return on Equity%10%8%10%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital113125133133133
Reserves2741,1201,9312,0932,323
Borrowings29116183200458
Other Liabilities92120154218288
Total Liabilities7701,3802,4012,6443,201
Fixed Assets2576468531,1171,496
CWIP5837232363516
Investments171000
Other Assets4386951,3151,1631,189
Total Assets7701,3802,4012,6443,201
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-5-7-16100142
Cash from Investing Activity-151-348-424-418-619
Cash from Financing Activity1694398941244
Net Cash Flow1284453-317-233
Free Cash Flow-157-363-444-352-481
CFO/OP17%14%1%64%54%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days101145142125123
Inventory Days221301411356345
Days Payable9599124114126
Cash Conversion Cycle227348429367341
Working Capital Days82268279239160
ROCE %18%7%10%12%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters81.80%81.79%81.79%81.79%81.78%81.77%81.77%74.99%74.99%74.98%74.94%74.92%
FIIs2.44%1.97%2.22%2.90%3.17%3.32%3.33%5.03%4.64%5.81%6.29%7.42%
DIIs12.99%11.79%11.82%11.55%11.63%11.49%11.43%13.41%12.97%12.25%12.66%10.49%
Public2.76%4.44%4.16%3.74%3.40%3.41%3.47%6.55%7.39%6.96%6.10%7.17%
No. of Shareholders60,46684,00078,65571,68367,25166,67764,03472,62873,80667,80665,56265,336

Fundamentals

Market Cap₹ 23,226 Cr.
Current Price₹ 1,750
Stock P/E96.8
Book Value₹ 185
ROCE11.9 %
ROE9.66 %
Dividend Yield0.00 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)34%
Compounded Profit Growth (TTM)30%
Consolidated figures.
Ownership
Promoter holding74.92% (-0.07 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodAETHERNifty 50Difference
1 week+1.4%-2.8% +4.2 pts
1 month-0.8%-6.8% +6.0 pts
3 months+22.8%-7.6% +30.4 pts
6 months+52.6%+0.4% +52.2 pts
1 year+125.5%-9.9% +135.4 pts
2 years+71.8%-13.6% +85.3 pts
3 years+72.4%+14.2% +58.3 pts
45 mutual fund schemes hold about ₹1,996 Cr. Over three months 5 bought more and 30 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Multicap Fund2.48%609 -12%
Invesco India Smallcap Fund1.54%243 -14%
SBI MNC Fund3.32%223 -22%
Abakkus Flexi Cap Fund2.24%142 -7%
SBI Healthcare Opp Fund2.33%135 -30%
Edelweiss Small Cap Fund1.29%94 -21%
HDFC Business Cycle Fund3.08%85 -9%
Axis Business Cycles Fund2.42%52 -14%
Abakkus Small Cap Fund1.67%47 -19%
Edelweiss Large & Mid Cap Fund0.86%42 -26%
Axis Innovation Fund2.67%36 -28%
WOC Flexi Cap Fund0.35%32 -9%
SBI Conservative Hybrid Fund(Q0.26%26 -62%
Union Midcap Fund1.11%22 -4%
Union Innovation & Opp Fund1.78%22 -9%
Axis India Manufacturing Fund0.29%17 +100%
Motilal Oswal Nifty Microcap 250 Index Fund0.59%15 -5%
Edelweiss Aggressive Hybrid Fund0.36%14 -4%
Union Small Cap Fund0.54%14 -14%
WOC Multi Cap Fund0.33%14 -11%
Union Small Cap Fund0.54%13 -14%
Union Large & Midcap Fund1.11%11 +6%
Union ELSS Tax Saver Fund1.15%10 +9%
Groww Multicap Fund0.65%10 -51%
Union Active Momentum Fund1.72%9 +100%

Red flags

No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Insider trades

NSE insider and takeover-code disclosures
DateWhoRoleSideSharesValueHow
2026-02-10Faiz Arif NagariyaKey Managerial Personnelother1,080Rs 0.04 CrESOP
2026-02-10Chitrarth Rajan ParghiKey Managerial Personnelother175Rs 0.01 CrESOP
2026-02-10James William RingerKey Managerial Personnelother3,115Rs 0.10 CrESOP
2025-11-20Chitrarth Rajan ParghiKey Managerial Personnelother146Rs 0.00 CrESOP
2025-11-20Faiz Arif NagariyaKey Managerial Personnelother1,168Rs 0.04 CrESOP
2025-05-14Faiz Arif NagariyaKey Managerial Personnelbuy545Rs 0.04 CrMarket Purchase
2025-05-14Purnima Ashwin DesaiPromoterssell8,979,173Rs 656.27 CrMarket Sale
2025-01-30James William RingerKey Managerial Personnelother3,115ESOP
2025-01-06Raymond Paul Roach-other4,154Rs 0.13 Cr-
2024-11-21Chitrarth Rajan Parghi-other146Rs 0.00 CrESOP
2024-11-21Faiz Arif NagariyaKey Managerial Personnelother1,168Rs 0.04 CrESOP
2024-09-16Raymond Paul Roach-other4,154ESOP
Latest disclosed trades by insiders, promoters and large holders. Grants, option exercises and pledges show as "other". A filing is a fact, not a signal on its own.

Latest quarter

Jun 2026
Sales ₹327 Cr +27.2% vs Jun 2025. Net profit ₹63 Cr +34.0%.

Activity

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No bulk or block deals on record.
No corporate actions on record.
DateTypeWhat it says
2026-10-02General UpdatesThis correspondence is in accordance to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended from ...
2026-09-29General UpdatesESG Rating issued by M/s. Crisil ESG Ratings & Analytics Limited
2026-09-24Credit RatingCredit Rating
2026-09-16Concall / analyst meetSchedule of Investors Meetings with Company Officials in Mumbai, as annexed.
2026-09-12Shareholder meetingAether Industries Limited has submitted the Exchange a voting results alongwith the Scrutinizer s Report of the 14th Annual General Meeting ( AGM ) of...
2026-09-11Shareholder meetingProceedings of Annual General Meeting held on September 11, 2026
2026-08-19General UpdatesThe Business Responsibility and Sustainability Report for the FY 2025-26 is annexed herewith.
2026-08-19Shareholder meetingThe Notice of the 14th Annual General Meeting of the Company, to be held on Friday, September 11, 2026, is annexed herewith.
2026-08-11General UpdatesAether Industries Limited has informed that the Nomination and Remuneration Committee of the Company on August 11, 2026, has approved the issue and al...
2026-08-10Concall / analyst meetSchedule of Company s participation in Investor Conference as annexed.
2026-08-07Concall / analyst meetTranscript
2026-07-31Concall / analyst meetIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the audio recording of the Earning Co...
2026-07-31Board meeting outcomeOutcome of BM
2026-07-31Press Release (Revised)Revised Press Release.
2026-07-31Press ReleaseIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Pre...
2026-07-31Investor PresentationInvestor Presentation
2026-07-31Investor PresentationInvestor Presentation
2026-07-31General UpdatesOutcome of the Board Meeting held on July 31, 2026, in line with Reg. 30 and 33 of the SEBI (LODR) Regulations, 2015.
2026-07-27Concall / analyst meetIn accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, this is to inform you that the Earni...
2026-07-08General UpdatesIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Nomination and Remuneration Commi...
2026-06-26General UpdatesIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, we are pleased to announc...
2026-06-24Concall / analyst meetIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended from time to time, we here...
2026-06-15General UpdatesIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we herewith inform that the Nominatio...
2026-06-06General UpdatesIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, as amended, and further to our previo...
2026-05-26Credit Rating- RevisionIn accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, we herewith submit the credit rating ...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Close to Close price movement greater than 100perc in previous 365 daysScrip PE is greater than 50 (4 trailing quarters)

Quick answers

What is the market cap of Aether Industries Ltd?

Aether Industries Ltd (AETHER) has a market capitalisation of Rs 23,226 Cr. at the 2026-10-01 close.

What is the P/E ratio of Aether Industries Ltd?

Aether Industries Ltd trades at a P/E of 96.8 on trailing twelve-month profit, at the 2026-10-01 close.

What were Aether Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Aether Industries Ltd sales was Rs 327 Cr (+27.2% vs Jun 2025) and net profit was Rs 63 Cr.

What is the 52-week high and low of Aether Industries Ltd?

The 52-week high is Rs 1,798.00 and the 52-week low is Rs 728.00.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03