profit from every ₹100 of sales.
Aether Industries
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
You pay ₹98.94 for every ₹1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Aether Industries sold, what it kept, and what it did with the cash.
Sales went from ₹6.51 billion in 2023 to ₹11.6 billion in 2026, with ₹2.19 billion of profit last year.
Aether Industries vs. similar companies
Aether Industries grows the fastest of these 5 and is the most expensive for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Aether Industries | 98.9× · Very expensive | ||
Linde | 35.0× · Expensive | ||
L'Air Liquide | 34.9× · Expensive | ||
Ecolab | 41.6× · Expensive | ||
The Sherwin-Williams | 33.5× · Expensive |
AI analysis
An AI analyst reads Aether Industries's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 6,511 | 5,982 | 8,405 | 11,601 | |
| 2,767 | 2,255 | 3,940 | 5,593 | |
| 1,630 | 926 | 1,980 | 2,972 | |
| 2,020 | 1,573 | 2,709 | 3,756 | |
| 1,304 | 825 | 1,584 | 2,195 | |
| 10.47 | 6.31 | 11.94 | – | |
| 42.5% | 37.7% | 46.9% | 48.2% | |
| 25.0% | 15.5% | 23.6% | 25.6% | |
| 20.0% | 13.8% | 18.8% | 18.9% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 13,799 | 24,007 | 26,442 | 32,014 |
| Cash | 709 | 54 | 174 | 57 |
| Total debt | 157 | 1,831 | 1,999 | 4,579 |
| Total liabilities | 1,353 | 3,374 | 4,183 | 7,455 |
| 12,446 | 20,633 | 22,259 | 24,559 | |
| 125 | 131 | 133 | – | |
| 10.6% | 3.9% | 7.0% | 8.0% | |
| 10.5% | 4.0% | 7.1% | 8.9% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| -66 | -165 | 1,000 | 1,424 | |
| 4,014 | 4,277 | 4,523 | 6,233 | |
| -4,080 | -4,442 | -3,523 | -4,809 | |
| Dividends paid | – | – | – | – |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 98.9×
- –
- –
- 6.1×
- 18.7×
- –
- 59.0×
- -2.2%
- 1.0%
- –
Profitability
- 48.2%
- 25.6%
- 18.9%
- –
- 8.0%
- 7.4%
- –
- –
- –
- –
Growth
- +21.2%
- –
- –
- –
- +2.1%
Financial health
- 1.2×
- 0.19
- –
- 17.1×
- 1.78
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
1/7Passes 1 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Aether Industries
Is Aether Industries a good stock to buy?
A solid business, priced as if everything goes right. 1 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Aether Industries AI analysis
What does Aether Industries do?
Aether Industries Limited produces and sells advanced intermediates and specialty chemicals in India and internationally. It also large-scale manufacturing, contract research and manufacturing services, as well as contract/exclusive manufacturing services. It is in Specialty Chemicals, based in Surat, India.
Is Aether Industries stock halal?
Yes. Aether Industries passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Aether Industries stock done over the past year?
Up 86.0% over the past twelve months, to ₹1,635.90. It traded between ₹832.65 and ₹1,799.80 and is 9.1% below its high.
Who are Aether Industries's competitors?
The largest listed companies in the same industry are Linde, L'Air Liquide, Ecolab and The Sherwin-Williams. The peers table on this page compares their profit, growth and price with Aether Industries's.
Prices: daily closes to Nov 11, 2026. Fundamentals: company reports via invest-like data.



