Aether Industries Ltd

Aether Industri. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Aether Industries Ltd

₹ 832 1.61%
15 May - close price
aether.co.in BSE: 543534 NSE: AETHER
About

Incorporated in 2013, Aether Industries Limited is a manufacturer of specialty chemicals. The company is sole Indian manufacturer for chemicals such as 4-(2-Methoxyethyl) Phenol (4MEP), and 3-Methoxy-2-Methylbenzoyl Chloride (MMBC), Thiophene-2-Ethanol (T2E), Ortho Tolyl Benzo Nitrile (OTBN), N-Octyl-D-Glucamine, Delta-Valerolactone, and Bifenthrin Alcohol.[1]

Key Points

Business Segments FY23

Website BSE NSE
  • Market Cap ₹ 11,024 Cr.
  • Current Price ₹ 832
  • High / Low ₹ 1,211 / 762
  • Stock P/E 87.4
  • Book Value ₹ 154
  • Dividend Yield 0.00 %
  • ROCE 18.4 %
  • ROE 15.9 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Chemicals Industry: Chemicals

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
141 151 148 160 140 167 184 161 164 155
101 112 105 118 103 120 124 116 118 124
Operating Profit 40 39 42 42 37 47 60 45 46 31
OPM % 29% 26% 29% 27% 26% 28% 32% 28% 28% 20%
3 2 0 6 6 3 1 2 14 5
Interest 3 4 3 3 1 0 1 1 2 2
Depreciation 3 4 4 5 5 6 7 9 10 10
Profit before tax 37 34 35 41 37 44 52 37 49 24
Tax % 32% 25% 26% 26% 27% 20% 28% 19% 25% 27%
25 25 26 31 27 35 38 30 37 17
EPS in Rs 24.93 2.25 2.31 2.46 2.19 2.81 3.02 2.25 2.77 1.31
Raw PDF
Upcoming result date: 21 May 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 TTM
590 651 664
422 465 483
Operating Profit 168 186 182
OPM % 28% 29% 27%
7 17 22
Interest 13 5 6
Depreciation 15 23 36
Profit before tax 146 174 161
Tax % 26% 25%
109 130 121
EPS in Rs 9.67 10.47 9.35
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -9%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 16%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Sep 2023
Equity Capital 113 125 133
Reserves 274 1,120 1,913
291 16 17
92 120 164
Total Liabilities 770 1,380 2,227
257 646 746
CWIP 58 37 97
Investments 17 1 12
438 695 1,372
Total Assets 770 1,380 2,227

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
-5 -7
-151 -348
169 439
Net Cash Flow 12 84

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023
Debtor Days 101 145
Inventory Days 221 301
Days Payable 95 99
Cash Conversion Cycle 227 348
Working Capital Days 183 269
ROCE % 18%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
87.09% 87.10% 87.07% 87.07% 81.80% 81.80% 81.79% 81.79%
1.80% 1.49% 1.56% 1.57% 1.87% 2.44% 1.97% 2.22%
8.33% 8.39% 8.35% 8.39% 13.65% 12.99% 11.79% 11.82%
2.78% 3.03% 3.01% 2.98% 2.67% 2.76% 4.44% 4.16%
No. of Shareholders 51,63957,52956,84053,45655,20860,46684,00078,655

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

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