Aether Industries Limited Stock Price Today (NSE: AETHER)

Aether Industries Limited

1633.90+0.30 (+0.02%)
Market Closed

Fundamental Score

...

Aether Industries Limited Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Aether Industries Limited share price today is 1633.90, up +0.02% on NSE/BSE as of 25 August 2026. Aether Industries Limited (AETHER) is a Mid-cap company in the Specialty Chemicals sector with a market capitalisation of 19.62K (Cr). The 52-week high for AETHER share price is 1692.00 and the 52-week low is 726.45. At a P/E ratio of 83.44x, AETHER is currently trading above its industry average P/E of 31.95x. The company has a Return on Equity (ROE) of 9.38% and a debt-to-equity ratio of 0.18.

Aether Industries Limited Share Price Chart — NSE/BSE Historical Performance

No data
High
1692.00
Low
1400.20
Volume
3.8L
Change
+12.62%

Aether Industries Limited share price chart: 12.62% return over the past month. 52-week high ₹1692.00, 52-week low ₹726.45.

Aether Industries Limited — Last 10 Trading Days

DateOpenHighLowCloseVolume
1666.801673.001622.201633.902.21L (Cr)
1606.001692.001604.301633.603.08L (Cr)
1588.001658.001582.501625.102.62L (Cr)
1628.801636.001572.201580.102.18L (Cr)
1642.301644.601606.001612.701.07L (Cr)
1597.501645.001596.001634.202.15L (Cr)
1591.601624.701585.101597.501.31L (Cr)
1580.001612.001580.001591.601.66L (Cr)
1580.001619.901561.201584.402.40L (Cr)
1585.001604.001560.201589.403.38L (Cr)

Aether Industries Limited — Last 12 Months Price History

MonthOpenHighLowCloseChange
1561.001692.001492.701633.90+4.67%
1359.001614.401305.001539.60+13.29%
1096.001392.501075.501359.10+24.01%
1171.801275.101023.701098.00-6.30%
1114.901223.401065.601171.80+5.10%
931.001250.00891.601094.50+17.56%
1007.101083.60941.00958.60-4.82%
855.001021.75850.151002.00+17.19%
875.00909.00800.45860.10-1.70%
753.70931.00728.00877.20+16.39%
751.95770.00738.20753.70+0.23%
736.55765.90726.45751.95+2.09%

AI Research Briefing

Powered by Gemini · 2026-04-17

Aether's rich valuation hinges on flawless execution of its CEM/CRAMS pivot, leaving it vulnerable to any growth hiccup.

Research Confidence
6.0/10Moderate
COMPOUNDERConsolidation - CMP is -11.7% from 52W highExpensive - P/E of 59.03x vs. industry P/E of 29.2x

WHAT'S HAPPENING NOW (last 2-4 weeks)

Aether Industries reported strong Q3 FY26 results with a 44% YoY increase in revenue to and a 49% YoY increase in PAT to EBITDA soared by 75% YoY to The company is on track to commence commercial production from its Site 3++ and Site 5 (Phase 1) by March 2026. Aether allotted 5,454 equity shares under its Employee Stock Option Scheme 2021 on March 27, 2026.

CORE STORY (THE REAL GAME)

Aether is being priced as a high-growth specialty chemical company transitioning towards higher-margin contract manufacturing (CEM) and contract research and manufacturing services (CRAMS). The market is betting on Aether's ability to scale its CEM/CRAMS business and capitalize on the 'China plus one' strategy.

Why Now
  • Strong Q3 FY26 results with 44% YoY revenue growth
  • Strategic shift towards higher-margin CEM/CRAMS
  • Capacity expansions at Site 3++ and Site 5
Potential Catalysts
  • New contract wins in CEM/CRAMS
  • Faster-than-expected ramp-up of Site 3++ and Site 5
  • Positive regulatory changes for the specialty chemicals sector
Key Risks
  • Rich valuation (P/E of 59.03x vs. industry P/E of 29.2x)
  • Execution risk in scaling CEM/CRAMS business
  • Revenue concentration with key clients
Institutional Activity

FII decreased their holdings by 0.39% and DII decreased their holdings by 0.44%

Macro Context

India's specialty chemicals sector is projected to reach $400-450 billion by 2030, driven by government support and the 'China plus one' strategy.

Order Book / Expansion

Aether is modifying its Site 3 production line for a new CEM contract with a major European chemical company focused on the material science sector.

Cash Flow Quality

No Free Cash Flow data available

3–6 Month Outlook

Aether's 3-6 month outlook hinges on successful commissioning of Site 3++ and Site 5, along with securing new CEM/CRAMS contracts. Failure to achieve these milestones will lead to a de-rating.

Primary Thesis Risk

Inability to scale CEM/CRAMS business and justify rich valuation.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

9.38%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

12.78%

Returns generated on total capital deployed

Excellent

Oper. Profit Margin (5Y Avg)

29.39%

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Aether Industries Limited Valuation Check

Poor

Price to Earnings (P/E)

83.44x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

31.95x

Average P/E of all peers in this sector

Market-cap Classification
Mid-cap
Balance of growth potential and stability.

Shareholding Pattern

Excellent

Promoter Holding

75.00%

% shares held by company founders/management

Average

FII Holding

7.42%

% shares held by foreign institutional investors

Good

DII Holding

10.49%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

33.45%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

27.49%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.18x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

17.09x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

-1.60K (Cr)

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Aether Industries Limited Fundamental Analysis & Valuation Benchmarking

Educational evaluation of AETHER across key market metrics for learning purposes.

Positive Indicators

8 factors identified

Strong Operating Margins (29.39%)

Observation: Healthy 5-year operating margins indicate pricing power and cost control.

Analysis: OPM >15% suggests operational efficiency and competitive advantages.

Robust Profit Growth (33.45%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (27.49%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Conservative Debt Levels (D/E: 0.18)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Strong Interest Coverage (17.09x)

Observation: Earnings comfortably cover interest obligations.

Analysis: Interest coverage >5x indicates low financial distress risk.

Healthy Liquidity Position (Current Ratio: 1.78)

Observation: Strong short-term liquidity to meet obligations.

Analysis: Current ratio >1.5 indicates good working capital management.

Balanced Promoter Holding (75.00%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (9.38%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Premium Valuation Risk (P/E: 83.44x)

Observation: High valuation multiples may limit upside potential.

Analysis: Elevated P/E ratios require strong growth execution to justify current valuations.

High Price-to-Book Ratio (7.99x)

Observation: Trading at significant premium to book value.

Analysis: High P/B ratios may indicate overvaluation relative to asset base.

Negative Free Cash Flow (₹-1598.24 Cr over 5Y)

Observation: Cash outflows exceed inflows.

Analysis: Negative FCF requires analysis of capital expenditure cycle.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Aether Industries Limited vs Specialty Chemicals Peers

Peer Comparison - Specialty Chemicals

Compare Aether Industries Limited with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
36.3/100
1634
₹19624.13
83.4
Average
9.38%
Poor
12.78%
Average
0.2
Excellent
0.00%
65.3/100
1674
₹159989.82
60.4
Average
23.79%
Excellent
29.92%
Excellent
0.0
Excellent
16.70%
Excellent
14.89%
Good
0.73%
42.9/100
4675
₹45440.05
73.9
Average
7.65%
Poor
10.87%
Average
0.3
Excellent
13.52%
Good
0.07%
62.7/100
8255
₹39027.62
49.4
Average
20.11%
Excellent
21.48%
Excellent
0.3
Excellent
20.84%
Excellent
22.95%
Excellent
0.20%
32.8/100
1771
₹23159.08
29.6
Average
9.81%
Poor
11.31%
Average
0.3
Excellent
-6.63%
Poor
12.59%
Good
0.44%
38.7/100
530
₹18171.13
48.3
Average
7.25%
Poor
8.86%
Poor
0.8
Good
-4.35%
Poor
12.96%
Good
0.20%
58.2/100
6609
₹18051.49
25.6
Average
11.47%
Average
14.24%
Average
0.0
Excellent
54.89%
Excellent
10.95%
Good
0.49%
52.2/100
3980
₹16002.35
74.8
Average
0.00%
Poor
14.04%
Average
0.0
Excellent
9.35%
Good
0.68%
62.09999999999999/100
5093
₹15713.17
35.9
Average
16.82%
Good
21.91%
Excellent
0.0
Excellent
28.23%
Excellent
15.86%
Excellent
0.21%
33.3/100
1211
₹14449.70
82.7
Average
5.50%
Poor
9.10%
Poor
0.5
Good
19.33%
Excellent
23.88%
Excellent
0.06%
62.09999999999999/100
3455
₹14421.94
88.9
Average
0.00%
Poor
27.72%
Excellent
0.7
Good
14.96%
Good
0.27%

Aether Industries Limited PE Ratio History

Historical price-to-earnings ratio for AETHER — last 5 years

YearEPS (₹)Price (₹)P/E Ratio
FY 202511.94₹860.1072x
FY 20246.22₹886.95142.5x
FY 202310.47₹887.3084.7x
FY 20228.75₹839.1595.9x

P/E = year-end price ÷ diluted EPS from annual filings. Source: NSE/BSE via Bull Run.

Aether Industries Limited Quarterly Performance

Latest quarterly metrics for AETHER — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

27.49%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

33.45%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Aether Industries Limited Technical Indicators

SMA 50, SMA 200, RSI and volume signals for AETHER — calculated from daily price history

74RSI 14
Overbought — RSI 74

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
1405
▲ Price above SMA 50 — Short-term bullish
SMA 200
1100
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
424K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Aether Industries Limited Financial Statements

Annual income statement, balance sheet and cash flow for Aether Industries Limited (AETHER) — sourced from NSE/BSE filings.

Financial Results & Statements

Latest quarterly, annual and period-wise financial data for Aether Industries Limited

Loading latest quarterly results...

About AETHER (Aether Industries Limited)

Aether Industries Ltd is a pioneering force within the specialty chemicals arena, orchestrating a symphony of innovation and production that resonates both in India and across inte...rnational borders. With a dedication to crafting advanced intermediates and niche chemical solutions, the company positions itself as a vital partner for industries demanding precision and performance. Aether operates through a multi-faceted business model, leveraging its state-of-the-art infrastructure to deliver not only bulk manufacturing but also tailored contract research and manufacturing services. This bespoke approach allows clients to translate their unique visions into tangible chemical realities, fostering collaboration and mutual growth. The strength of Aether Industries lies in its comprehensive service offerings, including Contract Research and Manufacturing Services (CRAMS) and Contract/Exclusive Manufacturing Services. This emphasis on flexibility and collaboration allows Aether to seamlessly integrate with the product development and manufacturing processes of its customers. Beyond its core production capabilities, Aether dedicates itself to innovation through in-house research and development, pushing the boundaries of chemical possibilities. This commitment to scientific advancement enables the company to anticipate emerging trends, develop novel solutions, and provide its clientele with access to cutting-edge chemical technologies. Serving as a cornerstone of diverse sectors, Aether’s impact reverberates through the global chemical landscape. The company proudly supplies its high-quality products to a prestigious clientele, spanning multinational corporations, regional powerhouses, and local champions. These strategic partnerships extend across the pharmaceutical, agrochemical, materials science, textile, coating, high-performance photography, additive, and oil and gas industries, demonstrating the breadth and adaptability of Aether's chemical expertise. By providing customized solutions tailored to these industries, Aether actively fuels innovation, efficiency, and sustainable growth for its partners worldwide.

Company Details

Symbol:AETHER
Industry:Specialty Chemicals
Sector:Specialty Chemicals

Key Leadership

Mr. Ashwin Jayantilal Desai
MD & Director
Mr. Faiz Arif Nagariya
Chief Financial Officer
Dr. James W. Ringer
Chief Technology Officer

AETHER Share Price: Frequently Asked Questions

What is the current share price of Aether Industries Limited?

Aether Industries Limited (AETHER) trades at ₹1633.90 on NSE and BSE. Market cap ₹19.62K (Cr). Educational data only.

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

Aether Industries Limited has a P/E of 83.44x vs industry average 31.95x.

What is the Bull Run score for Aether Industries Limited?

Aether Industries Limited has a Bull Run score of 36.3/100 based on 25+ financial parameters.

Does Aether Industries Limited pay dividends?

Aether Industries Limited has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Aether Industries Limited?

Aether Industries Limited has ROE of 9.38%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Aether Industries Limited?

Aether Industries Limited has debt-to-equity of 0.18.

Is Aether Industries Limited a good investment?

Bull Run gives Aether Industries Limited a score of 36.3/100. This is not investment advice — consult a SEBI-registered advisor.