Aether Industries Ltd. (AETHER) AI Stock Analysis

• Market Cap: ₹98.38B
• Dividend Yield: N/A
• Average Volume (3M): 9.52K
• Price to Earnings (P/E): 56.9
• Beta (1Y): 0.42
• Revenue Growth: 48.25%
• EPS Growth: 112.60%
• Country: IN
• Employees: 970
• Sector: Technology
• Sector Strength: 92
• Industry: Chemicals - Specialty
• EPS (TTM): 3.70
• Shares Outstanding: 132,590,240
• 10 Day Avg. Volume: 8,270
• 30 Day Avg. Volume: 9,524
• PEG Ratio: 0.77
• Price to Book (P/B): 4.92
• Price to Sales (P/S): 13.05
• P/FCF Ratio: -31.07
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹847.00
• Price Target Upside: 12.75% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 67 Neutral
• Price Target: ₹847.00 ▲(12.75% Upside)

Aether Industries Ltd. demonstrates strong financial performance with solid revenue growth and profitability. However, the stock is currently overvalued and lacks short-term momentum. Improving cash flow management and achieving a more attractive valuation could enhance future prospects.

Aether Industries Ltd. Business Overview & Revenue Model

Company Description

Aether Industries Ltd. (AETHER) is a specialty chemicals manufacturer based in India, focusing on producing advanced intermediates and specialty chemicals. The company operates in sectors such as pharmaceuticals, agrochemicals, coatings, and high-performance photography chemicals. Aether Industries is recognized for its innovative approach in developing complex and niche chemical products that serve various high-growth industries, leveraging its robust research and development capabilities.

How the Company Makes Money

Aether Industries Ltd. generates revenue primarily through the sale of its specialty chemicals and advanced intermediates. The company's revenue model is centered around manufacturing and distributing these products to various industries, including pharmaceuticals and agrochemicals. Aether Industries benefits from long-term contracts and partnerships with key players in these sectors, ensuring a steady demand for its products. Additionally, the company's focus on research and development allows it to continually innovate and offer customized solutions, which further enhances its market position and revenue potential. Its diversified product portfolio and strategic partnerships are significant factors contributing to its earnings.

Aether Industries Ltd. Financial Statement Overview

Summary

Aether Industries Ltd. displays strong financial health with consistent revenue growth and profitability improvements. The balance sheet is solid, with prudent debt management and strong equity. However, cash flow management needs enhancement, focusing on converting income into positive free cash flow.

Income Statement

The company has shown robust revenue growth, with a significant increase from the previous year. The Gross Profit Margin stands strong, indicating efficient production processes. The Net Profit Margin has improved, reflecting enhanced profitability. However, the EBIT and EBITDA Margins, though healthy, could improve further.

Balance Sheet

Aether Industries maintains a solid equity base, with an impressive Equity Ratio. The Debt-to-Equity Ratio is low, suggesting cautious leveraging. Return on Equity is commendable, indicating effective use of shareholder funds. However, there's room for optimizing asset utilization.

Cash Flow

The Free Cash Flow remains negative, largely due to high capital expenditures, which indicates a potential for future growth. The Operating Cash Flow has improved, but the ratio to Net Income suggests further optimization is necessary. Cash flow management remains an area for improvement.

Breakdown	TTM	Dec 2025	Dec 2023	Dec 2022	Dec 2021	Dec 2021
Income Statement
Total Revenue	6.40B	8.39B	5.98B	6.51B	4.50B	5.90B
Gross Profit	2.79B	3.92B	2.26B	3.34B	1.70B	3.02B
EBITDA	2.07B	2.41B	1.58B	2.03B	1.15B	1.75B
Net Income	1.24B	1.58B	824.90M	1.30B	711.19M	1.09B
Balance Sheet
Total Assets	26.44B	26.44B	24.01B	13.80B	4.53B	7.70B
Cash, Cash Equivalents and Short-Term Investments	2.40B	2.40B	5.56B	1.04B	278.28M	352.61M
Total Debt	2.00B	2.00B	1.83B	157.14M	2.12B	2.91B
Total Liabilities	4.18B	4.18B	3.37B	1.35B	2.79B	3.83B
Stockholders Equity	22.26B	22.26B	20.63B	12.45B	1.74B	3.87B
Cash Flow
Free Cash Flow	-2.52B	-3.52B	-4.44B	-4.08B	-737.99M	-1.57B
Operating Cash Flow	482.06M	1.00B	-164.58M	-65.59M	231.96M	-54.42M
Investing Cash Flow	-2.86B	-4.18B	-4.24B	-3.48B	-765.93M	-1.51B
Financing Cash Flow	-303.99M	19.18M	8.94B	4.39B	553.60M	1.69B

Aether Industries Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 751.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AETHER, the sentiment is Negative. The current price of 751.2 is below the 20-day moving average (MA) of 767.28, below the 50-day MA of 776.70, and below the 200-day MA of 817.33, indicating a bearish trend. The MACD of -11.37 indicates Positive momentum. The RSI at 44.37 is Neutral, neither overbought nor oversold. The STOCH value of 40.71 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:AETHER.

Aether Industries Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NETWEB	73 Outperform	₹120.38B	92.74		0.09%	59.90%	49.33%
AETHER	67 Neutral	₹98.38B	56.89		―	48.25%	112.60%
SYRMA	67 Neutral	₹123.34B	61.56		0.21%	-3.83%	103.23%
HAPPSTMNDS	66 Neutral	₹88.58B	45.73		1.03%	26.47%	-21.31%
MAPMYINDIA	63 Neutral	₹96.77B	61.45		0.20%	23.47%	13.74%
ASTRAMICRO	58 Neutral	₹95.74B	58.89		0.20%	17.79%	20.42%
Sector *	57 Neutral	HK$14.83B	9.08	-0.60%	4.27%	7.14%	-38.21%