BSECompany Update6d ago · 31 Jul 2026, 12:18 pm
In accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the investor presentation is annexed herewith.
Aether Industries Ltd · 543534
✦ AI Summary▲ PositiveResults
Aether Industries Ltd has announced its Q1 FY27 financial results, with a 27% YoY growth in operating revenue to ₹3,051 M, driven by growing CEM contracts and price-led LSM demand. The company has also reported a 31% YoY growth in EBITDA to ₹814 M, and a 33% YoY growth in profit after tax to ₹540 M.
Analysis Scores
Earnings Impact8/10
Growth Catalyst9/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk3/10
Liquidity Impact9/10
Market Sentiment8/10
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Aether Industries Ltd - 543534 - Announcement under Regulation 30 (LODR)-Investor Presentation
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July 31, 2026
Ref. No.: AIL/SE/23/2026-27
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers, Exchange Plaza,
Dalal Street, Fort, Bandra Kurla Complex, Bandra (E),
Mumbai-400001, MH. Mumbai-400051, MH.
Scrip Code: 543534 Symbol: AETHER
Dear Madam / Sir,
Subject: Presentation on Financial Results
In accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure
Requirements) Regulations, 2015, the presentation on Financial Results of the First Quarter
ended on June 30, 2026, is enclosed herewith.
We request you to kindly take the information on your records.
Thanking you.
For Aether Industries Limited
Chitrarth Rajan Parghi
Company Secretary & Compliance Officer
Mem. No.: F12563
Encl.: As attached
Page 1 of 1
Aether Industries Limited
Registered Office: Plot No. 8203, GIDC Sachin, Surat-394230, Gujarat, India.
Phone: +91-261-6603000 || Email: info@aether.co.in || Web: www.aether.co.in II CIN: L24100GJ2013PLC073434
Factory: Plot No. 8203, Beside Shakti Distillery, Near Rajkamal Chokdi, Road No. 8, Sachin GIDC, Sachin, Surat-394230, Gujarat, India.
FY27
Business Models
72YF
Contract | Exclusive Contract Research & Large Scale
Manufacturing Manufacturing Services Manufacturing
18% 14% 66%
Q1FY25 !326 !256 !1185
37% 10% 52%
Q1FY26 !947 !251 !1,325
Q1FY27 !1,656 !301 !1,258
CEM and CRAMS
60% 70%
contribute of revenue, to achieve in next two years
(Consolidated Numbers) | All numbers in INR M
Highlights for the Quarter
SITE 3++ SITE 5 ACCOMPLISHED 9
commercial production started and Phase One - 2 production blocks - customer & certiÞcation audits,
ramp up ongoing commercial operation began in Q1 FY27 proving operational excellence in Q1 FY27
R&D EXPANSION 10 NEW CUSTOMERS TEAM STRUCTURE
18 Fume Hoods installed in the current onboarded across all the business being reafÞrmed to meet requirements,
R&D and New R&D Centre being expanded models during Q1 FY27 average age of Aetherians 29 years
51.5% CEM
Aether Today
39.1% LSM
Revenue
9.3% CRAMS
0.1% Others
By Business
FY18 !1,092
FY19 !2,033
FY20 !3,038
Q1 FY27
FY21 !4,541
FY22 !5,970 62.5% Domestic
37.5% Exports#
FY23 !6,676
FY24 !6,374
FY25 !8,803
By Region
FFYY2266 !11,811
!3,342
* FY24 - Þre accident reduced Revenue, EBITDA, and PAT | (Consolidated Numbers) | All numbers in INR M # includes deemed exports and SEZ Sales
Operating Revenue
Q1 FY27
Q4 FY26 Q1 FY26
!3,051 M
+27% Y/Y
Growing CEM Contracts & price led LSM demand
!2,566 M
(Consolidated Numbers) | All numbers in INR M
EBITDA
Q1 FY27
Q4 FY26 Q1 FY26
!814 M*
+31% Y/Y
Pivot of business model towards CRAMS & CEM Contracts
leading to strong operating income & margin growths
!785 M
*Impact of ! 70 M - loss of inventories on account of Þre at external warehouse in
March 2026 and certain year end provisions
(Consolidated Numbers) | All numbers in INR M
ProÞt After Tax
Q1 FY27
Q4 FY26 Q1 FY26
!540 M*
+33% Y/Y
Improved proÞ tability with a shift in segment mix
!470 M
*Impact of loss of inventories on account of Þre at external warehouse in March 2026
and certain year end provisions
(Consolidated Numbers) | All numbers in INR M
Segment Contributions
32.2% Pharma 35.1% Pharma
31.4% Oil & Gas 19.2% Oil & Gas
16.6% Material Science 16.9% Material Science
9.5% Agro 11.1% Agro
3.7% Multiple 7.2% High Performance Photography
3.2% High Performance Photography 5.2% Multiple
1.7% Coatings 3.3% Coatings
1.7% Sustainability & Renewables 2.0% Sustainability & Renewables
By Segment | Q1 FY27 By Segment | Q1 FY26
Oil and Gas & Material Science to be the main drivers despite launches of new products in Pharmaceuticals and Agrochemicals
CEM contracts being negotiated with clients across sectors
(Consolidated Numbers)
R&D - Centric Approach
!198.07 M spent towards R&D accounting for 6.16% of revenues in Q1FY27.
R&D Expansion on track - (1) 18 fume hoods installed (2) New R&D Building construction on track
FY24 15.4%*
FY22 6.6%
FY20 4.0% FY26 7.3%
FY23 7.5% FY25 7.7%
FY19 2.6% FY21 4.3%
* FY24 - Þre accident reduced Revenue hence % increased | Revenue expenditure - 2.5% & Capex - 3.6% | (Consolidated Numbers) | All numbers in INR M
Name: Catalyst / Site - 1 (R&D Expansion - Current Picture)
Ground levelling work completed commenced building construction and expected to be completed by Q1FY28.
Name: Catalyst / Site - 1 (The future)
Proposed Site - Catalyst | Site - 1
Name: Magnum | Site - 5 (Current Picture)
Phase 1 - Two production blocks commenced commercial production and expected to contribute revenue from Q2FY27
onwards. Strong visibility for the Þrst 10 production blocks.
Consolidated Financial Results
Q1FY27 Q4FY26 Q1FY26 FY26
Unaudited Audited Unaudited Audited
Particulars (INR in MM)
Revenue from operations 3,266 3,051 2,566 11,601
Other income 77 112 21 209
Total income 3,342 3,163 2,587 11,811
Cost of material consumed + Changes in inventories 1,638 1,719 1,336 6,009
Employee beneÞts expense 191 175 136 627
Other expenses 409 330 282 1,329
Exceptional items - 13 26 90
EBITDA 1,028 814 785 3,547
Depreciation & amortization expense 214 184 142 664
EBIT 813 629 643 2,882
Finance cost 56 61 48 181
ProÞt before tax 835 680 616 2,911
Tax expenses (Current + Deferred) 207 140 146 716
ProÞt after tax 627 540 470 2,195
All numbers in INR M
Standalone Financial Results
Q1FY27 Q4FY26 Q1FY26 FY26
Unaudited Audited Unaudited Audited
Particulars (INR in MM)
Revenue from operations 2,565 2,373 2,148 9,402
Other income 99 97 27 215
Total income 2,664 2,470 2,175 9,617
Cost of material consumed + Changes in inventories 1,188 1,268 1,049 4,551
Employee beneÞts expense 189 174 136 624
Other expenses 391 313 272 1,272
Exceptional items - 13 26 90
EBITDA 797 605 665 2,865
Depreciation & amortization expense 202 170 128 608
EBIT 596 435 537 2,257
Finance cost 35 46 33 122
ProÞt before tax 659 485 532 2,350
Tax expenses (Current + Deferred) 176 106 130 614
ProÞt after tax 483 379 401 1,736
All numbers in INR M
Chemistry
i s o u r l a n g u a g e
Innovation
i s o u r i d e n t i t y
- Aether
All rights reserved. Aether and the Aether logo are trademarks of Aether Industries Limited, registered in India
Registered OfÞce - Plot No. 8203, GIDC Sachin, Surat - 394230, Gujarat, India | Board Line: +91-261-6603000 | Email ID: info@aether.co.in | Website: www.aether.co.in
Mr. Chitrarth Parghi - CS and Compliance OfÞcer | Direct No : +91 (261) - 6603360 | Email: chitrarth@aether.co.in