| Management target | Revenue 60.0% FY29 |
|---|
| Revenue growth | Driven by CRAMS/CEM ramp-ups; oil and gas contributes 33% of sales. |
|---|---|
| Margins | Conservative 30% EBITDA guidance maintained despite moving up the complexity curve. |
| Order book | CRAMS pipeline has 65+ projects; visibility on 14/16 Magnum site blocks. |
| Demand visibility | Strong in semiconductor, oil & gas, and agrochemical sectors globally. |
| Management confidence | High; emphasizing strategic partnerships and advanced chemical engineering capabilities. |
Growth
CRAMS and CEM business now contributes over 65% of sales, driven by major contract ramps.
Outlook
Semiconductor vertical targeted to reach ₹300-400 Cr revenue at maturity in 2-3 years.
Risks
Rising inventory levels and geopolitical volatility remain key monitorables for working capital cycles.
Last quarter's promises, checked
Partly delivered
- CRAMS+CEM ~50% of sales, 70+% targeted in 'couple of years' → >65% (= PARTIAL)
- CEM EBITDA 28-30% guided → 30% reiterated, actual not disclosed (= PARTIAL)
Missed
- Capex FY27 guided ₹300-350 Cr (INR3,000-3,500mn) → now ₹350-370 Cr (= MISS)
- Progressive WC-day decline guided → inventory rising, flagged as key risk (= MISS)
Earnings Call Transcript filed with NSE, NSE: AETHER. Summary written with AI assistance from the document.
Aether Industries Ltd: key numbers
- Share price
- ₹1,616.20
- Market cap
- ₹21,451 Cr
- Revenue (annual)
- ₹1,160 Cr
- Net profit (annual)
- ₹219.5 Cr
- P/E (TTM)
- 86.1×Sector 34.1×
- Promoter holding
- 74.92%-0.01% QoQ
- FII holding
- 8.49%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Aether Industries Ltd
All →Aether Industries Investor Presentation: Key Takeaways
Q2 FY27 revenue ₹3,472M (+24% YoY), EBITDA ₹1,104M (+29%, 31.8% margin), PAT ₹680M (+26%). H1 revenue +27%; CEM/CRAMS-led mix shift.
Aether Industries Q2 FY27 Results: Net Profit ₹68 Cr, Up 25.9% YoY
Aether Industries Ltd reported revenue from operations of ₹347.2 Cr (+24.0% YoY) and net profit of ₹68 Cr (+25.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹68 Cr · +25.9% YoY
Aether Industries Other Announcement
Aether Industries Ltd has filed its quarterly shareholding pattern for the quarter ended 30 September 2026. This disclosure provides data on promoter and public shareholding.
Aether Industries Legal & Regulatory
Aether Industries announced that the GST authorities dropped the previously received demand and show cause notice, confirming the tax credits are legitimate with no financial impact.
Aether Industries Other Announcement
Aether Industries Limited reports an improved ESG rating of 'Crisil ESG 58' from CRISIL ESG Ratings & Analytics Limited. The rating was independently assigned based on publicly available information.
Aether Industries Credit Rating
Aether Industries appointed Crisil Ratings for its bank facilities, receiving AA-/Stable long-term and A1+ short-term ratings. Prior ICRA A+ (Stable) and A1 ratings were replaced.