In accordance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, the Transcript of the Earning Conference Call scheduled on Thursday, July 24, 2025, on the financial performance of the Company for the First Quarter ended on June 30, 2025, is enclosed herewith.
AETHER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Aether Industries reported Q1 FY'26 consolidated revenue of INR 2,587 million, up 35% year-on-year, with EBITDA jumping 94% YoY to INR 781 million and EBITDA margins expanding sharply to 30% (from 22%). Profit after tax grew 57% YoY to INR 470 million, with PAT margin at 18%. The company signed a 10-year exclusive contract manufacturing agreement with Milliken (US) for a new material science polymer product, with Site 3+ production expected to start in Q4 FY'26. Management is investing INR 350 crores in capex for FY'26 across R&D, Site 3++, and Site 5 (Panoli), with Site 5's first two production blocks targeted for commissioning by end of Q3 FY'26. Working capital cycle improved to 190 days (from 195), and an additional INR 50-60 crores in insurance claims are expected by August 2025.
Strong Q1 results, sharp margin expansion, and the long-tenor Milliken contract reinforce the growth story and are positive for the stock. However, management's refusal to share forward revenue guidance for key projects may cap near-term re-rating potential.