Aether Industries Ltd (AETHER) — shareholding pattern, promoter holding, financials and share price
About Aether Industries Ltd (AETHER)
Aether Industries Ltd operates in the Specialty Chemicals industry, within the Chemicals sector. It trades on the NSE as AETHER and on the BSE under scrip code 543534. Its ISIN is INE0BWX01014.
Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol. [1]
Aether Industries Limited is a leading specialty chemical manufacturer in India, focusing on producing advanced intermediates and specialty chemicals for diverse sectors such as pharmaceuticals, agrochemicals, and electronics.
The company has experienced substantial growth, with a 44% increase in revenue year-on-year for Q3 FY '26, driven by strong performance across its three business models: large-scale manufacturing, contract research and manufacturing services (CRAMS), and exclusive manufacturing.
Listed peers in Specialty Chemicals: Deepak Nitrite Ltd, Atul Ltd, Aarti Industries Ltd, BASF India Ltd, Fine Organic Industries Ltd, Anupam Rasayan India Ltd.
Valuation & Returns
10 Jul 2026At ₹1,495.7 a share on 10 Jul 2026, Aether Industries Ltd (AETHER) was valued at a price-to-earnings ratio of 90.44x against an industry P/E of 45.11x and a price-to-book of 8.92x on a book value of ₹167.72 per share as of Mar 2025. Solomo computes return on equity of 9.86% and return on capital employed of 12.75% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 90.44x
- Industry P/E
- 45.11x
- P/B
- 8.92x
- EPS (TTM)
- ₹16.54
- Book value / share
- ₹167.72
- ROE
- 9.86%
- ROCE
- 12.75%
- ROA
- 8.3%
- Debt / equity
- 0.09x
- Dividend yield
- 0%
- EBITDA margin
- 32.37%
- 52-week range
- ₹723.15 – ₹1,538.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Aether Industries Ltd (AETHER) reported revenue of ₹1,160 crore, net profit of ₹219 crore and earnings per share of ₹16.54. That compares with revenue of ₹839 crore and net profit of ₹158 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹305 crore and net profit ₹54 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 590 | 651 | 598 | 839 | 1,160 |
| Net profit (₹ cr) | 109 | 130 | 82 | 158 | 219 |
| EPS (₹) | 9.67 | 10.47 | 6.22 | 11.95 | 16.54 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 137.71% | 21.18% | 10.15% | 40.07% |
| Profit growth | 127.14% | 30.65% | 11.77% | 92.05% |
| Stock price CAGR | - | - | 12% | 83% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.93% of Aether Industries Ltd (AETHER) (down 0.02 pp QoQ), foreign institutional investors (FII) hold 7.42% and domestic institutional investors (DII) hold 10.49%. Market capitalisation was ₹19,850 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2022.
Largest disclosed public shareholders in Jun 2026: SBI Multicap Fund 5.28%, Amansa Holdings Private Limited 1.64%, Invesco India Manufacturing Fund 1.12%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.93% | - | 7.42% | 10.49% | 25.07% |
| Mar 2026 | 74.95% | - | 6.29% | 12.66% | 25.05% |
| Dec 2025 | 74.98% | - | 5.81% | 12.25% | 25.02% |
| Sep 2025 | 75% | - | 4.64% | 12.97% | 25% |
| Jun 2025 | 75% | - | 5.04% | 13.41% | 25% |
| Mar 2025 | 81.77% | - | 3.34% | 11.43% | 18.23% |
| Dec 2024 | 81.77% | - | 3.33% | 11.49% | 18.23% |
| Sep 2024 | 81.79% | - | 3.17% | 11.63% | 18.21% |