| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 327 | 256 | +27.5% |
| EBITDA | 103 | 80.7 | +27.4% |
| EBITDA margin | 31.5% | 31.5% | 0.0 pts |
| Profit before tax | 83.5 | 61.6 | +35.4% |
| Net profit | 62.7 | 47.0 | +33.4% |
| EPS | ₹4.77 | ₹3.55 | +34.4% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 |
|---|
| 21,075 | — | — | — | — | |
| 5.7 | 5.7 | 17.4 | 5.4 | 71.9 | |
| 442 | 442 | 197 | 169 | 0.1 | |
| 21,511 | — | — | — | — | |
| 1,224 | 1,160 | 839 | 598 | 651 | |
| — | +38.3% | +40.2% | −8.1% | — | |
| 384 | 364 | 241 | 132 | 186 | |
| 31.4% | 31.3% | 28.8% | 22.1% | 28.6% | |
| 310 | 297 | 196 | 92.6 | 163 | |
| 235 | 230 | 158 | 82.5 | 130 | |
| 19.2% | 19.8% | 18.9% | 13.8% | 20.0% | |
| ₹17.73 | ₹16.54 | ₹11.94 | ₹6.22 | ₹9.83 | |
| — | +38.5% | +92.0% | −36.7% | — | |
| — | −145 | 135 | −16.5 | −6.6 | |
| — | −91.3 | −304 | −248 | −401 | |
| −237 | −237 | −170 | −265 | −408 | |
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 21,074.9 | |
| - Cash, Equiv & ST Investments | 71.9 | 5.4 | 17.4 | 5.7 | 5.7 | |
| + Total Debt | 0.1 | 168.6 | 197.3 | 441.7 | 441.7 | |
| Enterprise Value | — | — | — | — | 21,510.9 | |
| Revenue | 651.1 | 598.2 | 838.7 | 1,160.1 | 1,223.9 | |
| Growth %, YoY | — | -8.1 | +40.2 | +38.3 | — | |
| EBITDA | 186.2 | 132.3 | 241.2 | 363.6 | 384.0 | |
| Margin % | 28.61 | 22.11 | 28.75 | 31.34 | 31.38 | |
| EBIT | 163.0 | 92.6 | 196.2 | 297.2 | 310.4 | |
| Net Income | 130.4 | 82.5 | 158.4 | 229.7 | 235.2 | |
| Margin % | 20.03 | 13.79 | 18.89 | 19.80 | 19.22 | |
| EPS, Adj (current shares) | 9.83 | 6.22 | 11.94 | 16.54 | 17.73 | |
| Growth %, YoY | — | -36.7 | +92.0 | +38.5 | — | |
| Cash from Operations | -6.6 | -16.5 | 134.5 | -145.4 | — | |
| Capital Expenditures | -401.4 | -248.3 | -304.4 | -91.3 | — | |
| Free Cash Flow | -408.0 | -264.7 | -169.9 | -236.7 | -236.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Aether Industries (NSE: AETHER) had a market capitalisation of ₹20,982 crore at the 29 October 2026 close (₹1,581.00 a share), a PE ratio of 89.2 on the last four quarters' profit and a price-to-book ratio of 8.54. In FY26 its consolidated net profit was ₹219 crore on revenue of ₹1,160 crore; in Q1 FY27 (April–June 2026) it was ₹62.7 crore, up 33.4% year on year. Its debt-to-equity ratio was 0.18 on 31 March 2026. Promoters held 74.92% of the shares on 30 September 2026.
Aether Industries' PE ratio is 89.2 at the 29 October 2026 close (₹1,581.00 a share): a market capitalisation of ₹20,982 crore divided by consolidated net profit of ₹235 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit (₹219 crore) it is 95.6.
No. Aether Industries had borrowings of ₹442 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.18. Its cash and current investments were ₹5.7 crore, so its net debt was ₹436 crore.
Aether Industries' debt-to-equity ratio was 0.18 on 31 March 2026: borrowings of ₹442 crore against total equity of ₹2,456 crore. A year earlier, on 31 March 2025, it was 0.09.
Aether Industries' price-to-book (PB) ratio is 8.54 at the 29 October 2026 close: a market capitalisation of ₹20,982 crore divided by shareholders' equity (book value) of ₹2,456 crore on 31 March 2026. That is a book value of ₹185.05 per share against a share price of ₹1,581.00.
Aether Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹2,456 crore on 31 March 2026, up 10.3% from ₹2,226 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹20,982 crore at the 29 October 2026 close.
In FY26, Aether Industries' return on equity (ROE) was 9.4% and its return on capital employed (ROCE) was 12.3%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 7.4% and ROCE 8.9%.
Aether Industries' market capitalisation was ₹20,982 crore at the 29 October 2026 close: 13.27 crore shares at ₹1,581.00 each.
Aether Industries' basic earnings per share (EPS) were ₹16.55 in FY26, against ₹11.95 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹17.77.
Aether Industries will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
Aether Industries' book value per share was ₹185.05 on 31 March 2026: shareholders' equity of ₹2,456 crore divided by the 13.27 crore shares in issue, up 10.2% from ₹167.88 a year earlier. The share price at the 29 October 2026 close was ₹1,581.00.
Promoters held 74.92% of Aether Industries on 30 September 2026, down 0.01 percentage points from 74.93% the previous quarter and down 0.08 percentage points from 75.00% a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Aether Industries' consolidated net profit was ₹219 crore, up 38.5% from ₹158 crore in FY25, on revenue from operations of ₹1,160 crore (up 38.3%). Over three years, from FY23, net profit was up 68.3%.
On 30 September 2026, Aether Industries' shares were held by promoters 74.92%, foreign portfolio investors (FII/FPI) 8.49%, domestic institutions (DII) 9.70% (including mutual funds at 8.85%) and retail and other non-institutional investors 6.89%. Over the year, FII holding was up 3.85 percentage points from 4.64% and DII holding was down 3.27 percentage points from 12.97%.
At the 29 October 2026 closing prices, on FY26 net profit, Aether Industries' PE ratio is 95.6, the highest of the four: Anupam Rasayan India 79.1, Clean Science and Technology 34.3 and Archean Chemical Industries 53.2, a peer average of 55.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Aether Industries earned net profit of ₹219 crore on revenue of ₹1,160 crore, against ₹170 crore on ₹2,365 crore for Anupam Rasayan India. Aether Industries' operating margin was 25.6% (Anupam Rasayan India 16.3%) and its return on equity 9.4% (Anupam Rasayan India 5.5%). At the 29 October 2026 close, Aether Industries' market capitalisation was ₹20,982 crore against ₹13,457 crore for Anupam Rasayan India, and its PE ratio on FY26 profit 95.6 against 79.1.
In FY26, Aether Industries generated ₹145 crore of cash from operations and spent ₹91.3 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹237 crore. In FY25 it was −₹170 crore.
Aether Industries' latest results are for Q1 FY27 (April–June 2026): consolidated net profit ₹62.7 crore, up 33.4% from ₹47 crore in Q1 FY26; revenue from operations ₹327 crore, up 27.5% year on year.
On FY26 consolidated figures, against Anupam Rasayan India, Clean Science and Technology and Archean Chemical Industries: Aether Industries' operating margin of 25.6% is the second highest of the four (Anupam Rasayan India 16.3%, Clean Science and Technology 29.0%, Archean Chemical Industries 13.5%; peer average 19.6%); its return on equity of 9.4% is the second highest of the four (Anupam Rasayan India 5.5%, Clean Science and Technology 15.3%, Archean Chemical Industries 5.6%; peer average 8.8%); its revenue growth over three years of 21.2% a year is the highest of the four (Anupam Rasayan India 13.9% a year, Clean Science and Technology 0.7% a year, Archean Chemical Industries −9.1% a year; peer average 1.8% a year).
From Aether Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.