Aether industries | Business Upturn

Top losers in morning trade: ola electric at ₹33.93 down 6.81%, aarti industries at ₹481.85 slips 6.09%, aether industries at ₹1,194.20 falls 4.62%

Arunika Jain — Tue, 05 May 2026 06:00:18 +0000

Indian equity markets witnessed a sharp decline in morning trade, with the Sensex falling over 300 points and the Nifty slipping below 24,050. The market sentiment was dampened by rising geopolitical tensions, particularly after Iran intensified attacks involving the United Arab Emirates, which pushed Brent crude prices higher. Among the top losers, Ola Electric Mobility, Aarti Industries, and Aether Industries led the decline, reflecting the broader market’s cautious positioning.

Biggest decliners today

Ola Electric Mobility emerged as the biggest loser, with its stock price falling by 6.81% from its opening level to ₹33.93. The company’s shares opened at ₹36.49 and hit a low of ₹33.55 during the session. Aarti Industries followed closely, slipping 6.09% to ₹481.85. The stock opened at ₹513.05 and reached a low of ₹475.55. Aether Industries also faced significant losses, with a decline of 4.62% to ₹1,194.20, after opening at ₹1,256.00.

Jaiprakash Power Ventures saw its stock decrease by 4.51% to ₹18.20. The company opened at ₹18.56 and reached a low of ₹18.13. Syngene International’s shares dropped 4.47% to ₹456.00, with an opening price of ₹480.85.

Sectoral patterns

Among the other notable decliners, Godrej Properties fell 4.46% to ₹1,815.00, while CESC’s shares decreased by 4.38% to ₹190.01. In the consumer goods sector, Voltas saw a decline of 4.13% to ₹1,394.10. IIFL Finance and Sapphire Foods India also faced losses, with their stocks down 3.67% and 3.20% respectively.

Stock	Open	High	Low	Current	Change %
Ola Electric	36.49	36.71	33.55	33.93	-6.81%
Aarti Industries	513.05	513.10	475.55	481.85	-6.09%
Aether Industries	1,256.00	1,273.60	1,185.10	1,194.20	-4.62%
Jaiprakash Power Ventures	18.56	18.90	18.13	18.20	-4.51%
Syngene International	480.85	480.85	455.30	456.00	-4.47%
Godrej Properties	1,920.00	1,920.00	1,811.00	1,815.00	-4.46%
CESC	199.00	199.89	189.50	190.01	-4.38%
Voltas	1,452.00	1,453.00	1,386.00	1,394.10	-4.13%
IIFL Finance	462.05	462.05	439.20	441.85	-3.67%
Sapphire Foods India	191.91	193.12	186.53	187.56	-3.20%

What this means for the market

The current market downturn highlights the impact of geopolitical tensions on investor sentiment, particularly with the rise in energy prices. As the session progresses, market participants will be closely monitoring developments in the geopolitical landscape and energy markets, which could further influence trading behaviour and market direction.

Data as on May 5, 2026, 11:30 AM IST.

Disclaimer: This article is generated for informational purposes only and does not constitute financial, investment, or trading advice. The data and analysis presented are based on publicly available market information at the time of writing. Markets are subject to risk. Please consult a qualified financial advisor before making any investment or trading decisions. Business Upturn does not accept responsibility for any losses arising from reliance on this content.

Aether Industries faces Rs 4.26 crore demand notice from CGST & Central Excise

Business Desk — Fri, 24 Apr 2026 11:08:39 +0000

Aether Industries has received a Demand and Show Cause Notice from the Additional Commissioner (AE), CGST & Central Excise Commissionerate, Surat, amounting to ₹4,26,16,311. The notice pertains to the disallowance of tax credit availed over various expenses related to the company’s Initial Public Offer (IPO) during the financial years 2020-21 and 2021-22.

The company disclosed that the demand notice was received on April 23, 2026. Despite the significant financial demand, Aether Industries has stated that this will not have any material implication on its operations. The company plans to submit an appropriate response to the issuing authority.

The notice challenges the tax credits claimed by Aether Industries in connection with expenses incurred for its IPO, a common practice among companies to offset costs against tax liabilities. The total demand includes the principal amount and the interest thereon.

Aether Industries has assured stakeholders that necessary updates and progress regarding this issue will be communicated in due course.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aether Industries approves allotment of 5,454 equity shares under ESOS 2021

Kinjal — Fri, 27 Mar 2026 05:27:58 +0000

Aether Industries has announced the approval of the allotment of 5,454 equity shares under its Employee Stock Option Scheme 2021 (AIL ESOS 2021). The Nomination and Remuneration Committee of the company approved this issuance on 27 March 2026. Each share has a face value of ₹10 and an exercise price of ₹885.

The company has received in-principle approval from both BSE India Limited and the National Stock Exchange of India Limited for a pool of 11,00,000 equity shares under the AIL ESOS 2021. These newly issued shares will rank pari-passu with the existing equity shares.

Following this allotment, the total issued share capital of Aether Industries stands at ₹1,32,67,98,240, comprising 13,26,79,824 equity shares of ₹10 each. The company has communicated this corporate action to depositories for the credit of equity shares to the accounts of beneficiaries. Listing and trading approvals from stock exchanges are to follow.

The shares issued under this scheme are identical in all respects to the existing shares, with no lock-in period applicable from the date of allotment. Aether Industries has also confirmed that it has already paid the listing fee for the issued share capital up to ₹200 crore for the current fiscal year, and no additional fees are required.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aether Industries reports fire at Surat warehouse with no casualties

Business Desk — Wed, 11 Mar 2026 14:25:13 +0000

Aether Industries reported a fire at its external warehouse in Sachin, Surat, which was controlled within two and a half hours, with no injuries or casualties.

The fire, which occurred around 13:00 hours, was caused by a blaze at an adjacent company’s premises, impacting Aether Industries’ warehouse located at Plot Nos. 24/9 and partially at 24/10, Hojiwala Industrial Estate. The situation was brought under control by 15:30 hours.

Despite the incident, Aether Industries confirmed that all its research and development, pilot plant, production facilities, and other premises are operating normally without any disruption. The company also assured that adequate insurance coverage is in place to address any potential losses or damages resulting from the fire.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Aether Industries Q2 Results: Revenue jumps 38.3% to Rs 275.10 crore, net profit up 55.1% YoY

Aman Shukla — Thu, 13 Nov 2025 08:06:33 +0000

Aether Industries released its financial results for the quarter ended 30 September 2025, showing year-on-year growth in revenue, expenses, and profit.

For Q2 FY26, the company reported revenue from operations of ₹275.10 crore, compared with ₹198.77 crore in Q2 FY25. This reflects a YoY increase of about 38.4%. Total income, including other income, stood at ₹283.79 crore, higher than ₹209.77 crore a year earlier, marking a 35.4% YoY rise.

Total expenses for the quarter were ₹206.84 crore, compared with ₹157.92 crore in the same period last year, an increase of 31% YoY. Material consumption was ₹161.37 crore versus ₹107.70 crore last year. Employee expenses rose to ₹13.27 crore from ₹9.92 crore, while depreciation increased to ₹16.53 crore from ₹10.80 crore. Finance cost for the quarter stood at ₹3.28 crore, compared with ₹1.96 crore in Q2 FY25.

Profit before tax came in at ₹74.27 crore, compared with ₹48.52 crore last year, showing a 53.1% YoY growth. After total tax expenses of ₹20.31 crore, the profit for the period stood at ₹53.96 crore, which is higher than ₹34.79 crore reported in Q2 FY25. This represents a 55% YoY increase in net profit.

Aether Industries shares surge nearly 5% on strong Q3 results

Aditya Bhagchandani — Fri, 17 Jan 2025 07:08:56 +0000

Aether Industries witnessed a significant rise in its share price by nearly 5% after announcing robust Q3 FY25 financial results.

Key Highlights:

Revenue from operations surged 41.4% YoY to ₹219.68 crore, compared to ₹155.36 crore in Q3 FY24.
Total income for the quarter was ₹233.32 crore, up from ₹166.62 crore YoY.
Profit before tax (PBT) more than doubled to ₹61.39 crore from ₹23.82 crore YoY.
Net profit increased by 148% YoY, reaching ₹43.39 crore, compared to ₹17.43 crore in Q3 FY24.

Expense Overview:

Total expenses rose to ₹169.24 crore, up from ₹136.43 crore YoY.
Depreciation and amortization expenses increased to ₹11.06 crore, up from ₹10.38 crore YoY.

Nine-Month Performance:

Revenue from operations totaled ₹598.49 crore, up from ₹480.64 crore YoY.
Net profit stood at ₹108.12 crore, compared to ₹83.92 crore in the same period last year.

Stock Performance:

As of the latest trading session, Aether Industries’ share price is ₹894.90, up by 4.76%. The company’s strong financial performance and growth trajectory have positively influenced investor sentiment.

Aether Industries Share Price history

Day	Open	Close	Change %
Thu, Jan 16 2025	₹842.00	₹854.25	+1.29%
Wed, Jan 15 2025	₹839.90	₹843.40	+1.51%
Tue, Jan 14 2025	₹835.00	₹830.85	+0.92%
Mon, Jan 13 2025	₹842.30	₹823.25	-4.75%
Fri, Jan 10 2025	₹905.00	₹864.30	-4.28%
Thu, Jan 9 2025	₹909.90	₹902.90	+0.82%
Wed, Jan 8 2025	₹904.65	₹895.60	-0.51%
Tue, Jan 7 2025	₹871.10	₹900.20	+1.92%

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.

Aether Industries Q3 FY25 Results: Revenue up 41.4% YoY to Rs 219.68 crore, Net Profit up 148% YoY

Aditya Bhagchandani — Fri, 17 Jan 2025 07:07:30 +0000

Aether Industries has reported its financial results for the third quarter of FY25, showcasing robust growth in both revenue and profit.

Key Highlights:

Revenue from operations surged 41.4% year-on-year (YoY) to ₹219.68 crore, compared to ₹155.36 crore in the same quarter last year.
Total income for the quarter stood at ₹233.32 crore, up from ₹166.62 crore YoY.
Profit before tax (PBT) more than doubled to ₹61.39 crore from ₹23.82 crore, reflecting a strong operational performance.
Net profit witnessed a remarkable 148% YoY increase, reaching ₹43.39 crore, compared to ₹17.43 crore in Q3 FY24.

Expense Overview:

Total expenses rose to ₹169.24 crore, up from ₹136.43 crore YoY, primarily driven by higher material consumption costs and employee benefits.
The company’s depreciation and amortization expenses increased to ₹11.06 crore, up from ₹10.38 crore in the previous year.

Nine-Month Performance:

For the nine months ended December 31, 2024:

Revenue from operations totaled ₹598.49 crore, up from ₹480.64 crore YoY.
Net profit rose significantly to ₹108.12 crore, compared to ₹83.92 crore for the same period last year.

Outlook:

Aether Industries’ strong quarterly performance underscores its ability to capitalize on market opportunities and maintain cost efficiencies. The company’s consistent growth trajectory indicates a positive outlook for the remainder of FY25.

Disclaimer: The above information is for informational purposes only and should not be considered financial or investment advice.

Aether Industries gains nearly 3% on amended supply agreement with Baker Hughes

Aditya Bhagchandani — Wed, 15 Jan 2025 05:49:35 +0000

Aether Industries’ shares rose nearly 3% in early trade on Wednesday, January 15, after the company announced the execution of an amendment to its strategic supply agreement with Baker Hughes, a global leader in energy technology.

Details of the Amendment

The amendment was executed on January 7, 2025, with the final document received today, January 15.
The agreement finalizes volume and pricing terms for the first two products to be exclusively supplied by Aether Industries to Baker Hughes.
These products will be manufactured exclusively by Aether’s wholly-owned subsidiary, Aether Specialty Chemicals Ltd..

Expanded Collaboration

This amendment represents a significant development in the collaboration between Aether Industries and Baker Hughes. It builds on the original strategic supply agreement signed on June 25, 2024, reflecting both parties’ commitment to deepening their partnership.

Aether Industries Share Price history

Day	Open	Close	Change %
Tue, Jan 14 2025	₹835.00	₹830.85	+0.92%
Mon, Jan 13 2025	₹842.30	₹823.25	-4.75%
Fri, Jan 10 2025	₹905.00	₹864.30	-4.28%
Thu, Jan 9 2025	₹909.90	₹902.90	+0.82%
Wed, Jan 8 2025	₹904.65	₹895.60	-0.51%
Tue, Jan 7 2025	₹871.10	₹900.20	+1.92%
Mon, Jan 6 2025	₹906.00	₹883.20	-2.48%
Fri, Jan 3 2025	₹888.80	₹905.70	+1.90%

Advanced Manufacturing Facility

Manufacturing activities for this agreement will be carried out at Site 4, Aether’s newly developed advanced facility.
The site is equipped with cutting-edge assets, plants, and machinery specifically commissioned for this partnership under Aether Specialty Chemicals.

Aether Industries executes amendment to strategic supply agreement with Baker Hughes

Aditya Bhagchandani — Wed, 15 Jan 2025 03:28:19 +0000

Aether Industries Limited has finalized an amendment to its Strategic Supply Agreement with Baker Hughes. The amendment, executed on January 7, 2025, establishes the volume and pricing details for the first two products to be exclusively supplied to Baker Hughes. The final agreement copy was received by Aether today.

The manufacturing for these products will be carried out by Aether’s wholly-owned subsidiary, Aether Specialty Chemicals Limited. The subsidiary is equipped with the necessary assets, plant, and machinery, all of which have been commissioned to support this contract manufacturing initiative. This amendment also marks the initiation of commercialization activities at Aether’s Site 4, built under the subsidiary’s operations.

The original Strategic Supply Agreement between the two companies was signed on June 25, 2024. This latest development strengthens Aether’s strategic relationship with Baker Hughes and underscores its readiness to deliver specialized chemical solutions.

Aether Industries shares surge 2% on resumption of operations at Surat facility

Aditya Bhagchandani — Thu, 09 Jan 2025 04:21:52 +0000

Shares of Aether Industries Limited rose by 2% to ₹912 in early trade today after the Gujarat Pollution Control Board (GPCB) revoked the closure order on its Manufacturing Facility II in Surat. This decision allows the facility to resume full operations, which had been suspended since November 29, 2023, due to a fire incident.

Key Details:

Closure Revoked:
- The GPCB issued a communication on January 9, 2025, allowing 100% operational resumption at the facility.
Previous Updates:
- The closure order and subsequent updates were communicated through disclosures dated November 29, 2023, December 1, 2023, December 4, 2023, January 8, 2024, January 11, 2024, May 23, 2024, and August 14, 2024.
Operational Readiness:
- Aether Industries has confirmed that it will commence full-capacity operations while adhering to the conditions stipulated by the GPCB.

Aether Industries Share Price history

Day	Open	Close	Change %
Wed, Jan 8 2025	₹904.65	₹895.60	-0.51%
Tue, Jan 7 2025	₹871.10	₹900.20	+1.92%
Mon, Jan 6 2025	₹906.00	₹883.20	-2.48%
Fri, Jan 3 2025	₹888.80	₹905.70	+1.90%
Thu, Jan 2 2025	₹880.00	₹888.80	+0.71%
Wed, Jan 1 2025	₹891.60	₹882.50	-0.50%
Tue, Dec 31 2024	₹870.30	₹886.95	+0.99%
Mon, Dec 30 2024	₹895.00	₹878.25	+0.94%

Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions.

GPCB revokes closure order on Aether Industries’ Surat facility; to resume full operations

Aditya Bhagchandani — Thu, 09 Jan 2025 03:34:10 +0000

Aether Industries Limited has announced that the Gujarat Pollution Control Board (GPCB) has revoked the closure order for its Manufacturing Facility II in Surat. The closure, imposed on November 29, 2023, following a fire incident, has now been lifted, allowing the facility to resume full operations.

Key Details:

Closure Revoked: The GPCB issued a communication on January 9, 2025, permitting 100% operational resumption at the facility.
Previous Communications: The closure order and updates on the incident were communicated by the company in a series of disclosures dated November 29, 2023; December 1, 2023; December 4, 2023; January 8, 2024; January 11, 2024; May 23, 2024; and August 14, 2024.
Operational Readiness: The company will commence full-capacity operations upon ensuring compliance with the conditions stipulated by the GPCB.

This development is expected to positively impact Aether Industries’ operational performance as the facility resumes its manufacturing activities.

Aether Industries shares jump 2% after strong Q2 FY25 results

Aman Shukla — Fri, 18 Oct 2024 07:26:59 +0000

Aether Industries shares jumped more than 2% after reported its Q2 FY25 financial results, showing a strong performance in both revenue and profit.

For the quarter ending September 30, 2024, the company’s operating revenue climbed to ₹198.80 crore, representing a 21.1% YoY growth from ₹164.17 crore in Q2 FY24. Revenue increased from ₹180.01 crore in Q1 FY25 on a QoQ basis.

In the half-year ended September 30, 2024, the firm recorded total revenue of ₹378.81 crore and profit of ₹64.73 crore, up from ₹325.28 crore and ₹66.49 crore in the same time prior year (YoY).

As of 12:56 pm, Aether Industries shares were trading 0.50% lower at Rs 920.00 on the NSE.

Aether Industries IPO subscribed 6.26 times on final day

Dipankar Ray — Fri, 03 Jun 2022 06:10:03 +0000

Aether Industries is a leading chemical manufacturer in the business of producing leading pharmaceutical drugs and other medicinal aids.

On Friday Aether Industries had made its stock market debut with a listing of Rs. 704 apiece on the National Stock Exchange(NSE). Moreover, the price was at a 9.7% premium to its original IPO issue price of Rs. 642 per share. The chemical company in question was subscribed 6.26 times in the IPO listing, all due to the strong interest by institutional buyers.

The market trend was much better than the one expected after the end of the final day of its subscription. It was anticipated by the grey market. Which is an unofficial or dark market in unlisted shares. Where dealers had mentioned and debated how the company only managed to secure a Rs. 10-20 premium in the last days. This was definitely overturned today when the premium went to the height of Rs. 62 premium.

The initial share sale was at the price of rupees 627 crores at the start, with around 28,20,000 shares listed to the public under offer for sale(OFS).

During its pubic subscription period from 24-26 May, the price range was between rupees 610-642 per share in the multiples of 23. The company had raised a total of around rupees 240 crores ahead of the company’s public listing on the market.

According to the speculation the company is about to use its proceeds from fresh issuance for a special project in Surat, Gujarat. And would fund the special requirements needed to clear off its debts in the market. At the higher end, Aether’s finest stock is market at a price of Rs 14766.