Aether Industries Ltd. (IN:AETHER)
:AETHER
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Aether Industries Ltd.
(AETHER)
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Rating:75Outperform
Price Target:
₹1,306.00
▲(37.95% Upside)
Action:ReiteratedDate:03/21/26
The score is driven primarily by strong operating performance and a healthy balance sheet, reinforced by bullish technical momentum. These positives are tempered by negative free cash flow and a relatively expensive valuation.
Positive Factors
Revenue Growth
Sustained 52% revenue growth indicates durable demand for Aether's specialty chemicals across pharmaceuticals, agrochem and materials. High top-line momentum reflects successful market penetration, product adoption and R&D-led differentiation that should continue to drive scale over the next 2-6 months.
Negative Factors
Negative Free Cash Flow
Persistent negative free cash flow from elevated capex reduces internally available funds for dividends, deleveraging or opportunistic investments. Until new capacity ramps and converts to cash, the company may need external financing or slower cash returns, constraining financial optionality over months.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained 52% revenue growth indicates durable demand for Aether's specialty chemicals across pharmaceuticals, agrochem and materials. High top-line momentum reflects successful market penetration, product adoption and R&D-led differentiation that should continue to drive scale over the next 2-6 months.
Read all positive factors
Aether Industries Ltd. (AETHER) vs. iShares MSCI India ETF (INDA)
Market Cap
₹157.99B
Dividend YieldN/A
Average Volume (3M)18.17K
Price to Earnings (P/E)44.2
Beta (1Y)0.50
Revenue Growth52.08%
EPS Growth141.54%
CountryIN
Employees970
SectorTechnology
Sector Strength88
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)5.00
Shares Outstanding132,679,820
10 Day Avg. Volume2,570
30 Day Avg. Volume18,170
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)4.92
Price to Sales (P/S)13.02
P/FCF Ratio-31.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)22.52
Revenue Forecast (FY)₹14.73B
Aether Industries Ltd. Business Overview & Revenue Model
Company Description
Aether Industries Limited manufactures and sells advanced intermediates and specialty chemicals in India and internationally. The company offers 4-(2-Methoxyethyl) phenol (4MEP), N-Octyl-D-glucamine/1- deoxy-1-(Octylamino)-DGlucitol (NODG), ortho ...
Aether Industries Ltd. Financial Statement Overview
Summary
Income Statement
85
Very Positive
Balance Sheet
78
Positive
Cash Flow
72
Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 9.93B | 8.41B | 6.00B | 6.54B | 5.93B | 4.52B |
| Gross Profit | 4.75B | 3.89B | 2.75B | 3.34B | 3.01B | 2.18B |
| EBITDA | 3.14B | 2.39B | 1.30B | 1.87B | 1.70B | 1.13B |
| Net Income | 1.95B | 1.58B | 824.90M | 1.30B | 1.09B | 711.19M |
Balance Sheet | ||||||
| Total Assets | 28.49B | 26.44B | 24.01B | 13.80B | 7.70B | 4.53B |
| Cash, Cash Equivalents and Short-Term Investments | 566.57M | 2.40B | 5.56B | 1.04B | 352.61M | 278.28M |
| Total Debt | 2.15B | 2.00B | 1.83B | 157.14M | 2.91B | 2.11B |
| Total Liabilities | 5.21B | 4.18B | 3.37B | 1.35B | 3.83B | 2.79B |
| Stockholders Equity | 23.28B | 22.26B | 20.63B | 12.45B | 3.87B | 1.74B |
Cash Flow | ||||||
| Free Cash Flow | -4.56B | -3.52B | -4.44B | -4.08B | -1.57B | -737.99M |
| Operating Cash Flow | 1.63B | 1.00B | -164.58M | -65.59M | -54.42M | 231.96M |
| Investing Cash Flow | -6.01B | -4.18B | -4.24B | -3.48B | -1.51B | -765.93M |
| Financing Cash Flow | -124.07M | 19.18M | 8.94B | 4.39B | 1.69B | 553.60M |
Aether Industries Ltd. Technical Analysis
Positive
946.75
Price Trends
1028.90
Positive
963.15
Positive
860.86
Positive
Market Momentum
37.78
Negative
62.18
Neutral
60.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AETHER, the sentiment is Positive. The current price of 946.75 is below the 20-day moving average (MA) of 1099.29, below the 50-day MA of 1028.90, and above the 200-day MA of 860.86, indicating a bullish trend. The MACD of 37.78 indicates Negative momentum. The RSI at 62.18 is Neutral, neither overbought nor oversold. The STOCH value of 60.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:AETHER.
Aether Industries Ltd. Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹157.99B | 44.22 | ― | ― | 52.08% | 141.54% | |
68 Neutral | ₹57.76B | 42.91 | ― | 1.26% | 21.31% | -16.27% | |
67 Neutral | ₹190.52B | 60.10 | ― | 0.08% | 47.18% | 38.90% | |
66 Neutral | ₹167.29B | 34.37 | ― | 0.20% | 1.30% | 111.88% | |
64 Neutral | ₹51.12B | 125.84 | ― | 0.21% | 22.12% | 7.40% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
51 Neutral | ₹96.46B | 49.76 | ― | 0.24% | 11.44% | 23.56% |
* Technology Sector Average
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Aether Industries Ltd. Corporate Events
Aether Industries Discloses Investor Meeting With Abakkus Investment Managers
Mar 20, 2026
Aether Industries Ltd. has disclosed that its officials held an in-person, one-on-one meeting and site visit with Abakkus Investment Managers on March 20, 2026, at the company’s premises. The company emphasized that discussions were restrict...
Aether Industries Details Compliance-Focused Investor Meeting With Invesco Mutual Fund
Mar 13, 2026
Aether Industries Limited has disclosed that its officials held an in-person, one-on-one meeting and site visit with Invesco Mutual Fund at the company’s premises on March 13, 2026. The company emphasized that only publicly available informa...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.