Aether Industries Limited

NSEI:AETHER Stock Report

Market Cap: ₹145.7b

Aether Industries Future Growth

Future criteria checks 5/6

Aether Industries is forecast to grow earnings and revenue by 22.7% and 21.6% per annum respectively. EPS is expected to grow by 22.7% per annum. Return on equity is forecast to be 13.9% in 3 years.

Key information

22.7%

Earnings growth rate

22.69%

EPS growth rate

Pharmaceuticals earnings growth16.2%
Revenue growth rate21.6%
Future return on equity13.90%
Analyst coverage

Low

Last updated18 May 2026

Recent future growth updates

Analysis Article Feb 06

Earnings Beat: Aether Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aether Industries Limited ( NSE:AETHER ) just released its latest third-quarter results and things are looking bullish...

Recent updates

Narrative Update May 02

AETHER: Fairly Valued Outlook Will Remain Steady With Unchanged Assumptions

Analysts have kept Aether Industries fair value estimate steady at ₹1,154.20, indicating that views on the discount rate, revenue growth, profit margin and future P/E assumptions remain largely unchanged. Valuation Changes Fair Value: The ₹1,154.20 fair value estimate is unchanged, indicating no revision to the overall valuation outcome.
Narrative Update Apr 18

AETHER: Upcoming Board Meeting Will Reaffirm Stable Fairly Valued Outlook

Analysts have kept the Aether Industries price target steady at ₹1,154.20, citing only very small adjustments to revenue growth, profit margin and forward P/E assumptions that do not materially change their overall view. What's in the News A board meeting is scheduled for February 3, 2026 to consider the unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025, along with other business transactions (company filing).
Narrative Update Apr 03

AETHER: Upcoming Board Meeting Will Confirm Stable Fairly Valued Outlook

Analysts have kept their price target for Aether Industries steady at ₹1,154.20, reflecting unchanged assumptions around fair value, discount rate, revenue growth, profit margin and future P/E in their latest update. What's in the News Board meeting scheduled for February 3, 2026, to review unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing) The agenda also includes consideration of other business transactions, which may cover items beyond quarterly results such as approvals or routine corporate matters (company filing) Valuation Changes Fair Value: ₹1,154.20 remains unchanged, indicating no adjustment to the headline valuation figure.
Narrative Update Mar 20

AETHER: Upcoming Board Meeting Will Shape Steady Fairly Valued Outlook

Analysts have kept their price target for Aether Industries steady at ₹1,154.20, citing unchanged assumptions around fair value, discount rate, revenue growth, profit margins and future P/E. What's in the News Board meeting scheduled for February 3, 2026, to review unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025 (company filing).
Narrative Update Mar 05

AETHER: Upcoming Board Meeting Will Support Constructive Long Term Outlook

Analysts have maintained their price target for Aether Industries at ₹1,154.20, citing unchanged assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the basis for keeping their view steady. What's in the News Board meeting scheduled for February 3, 2026, to consider unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (Key Developments).
Narrative Update Feb 18

AETHER: Upcoming Board Review Will Support Constructive Long Term Outlook

The Aether Industries analyst price target has been revised from ₹1,085.40 to ₹1,154.20, with analysts citing updated assumptions on the discount rate, slightly adjusted revenue growth and profit margin expectations, and a higher future P/E multiple as key drivers of the change. What's in the News A board meeting is scheduled for February 3, 2026 to consider the unaudited standalone and consolidated financial results for the third quarter ended December 31, 2025.
Analysis Article Feb 06

Earnings Beat: Aether Industries Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Aether Industries Limited ( NSE:AETHER ) just released its latest third-quarter results and things are looking bullish...
Narrative Update Feb 04

AETHER: Board Review And Refined Assumptions Will Shape Measured Outlook

Analysts have lifted their price target for Aether Industries from ₹1,036.75 to ₹1,085.40, citing updated assumptions on the discount rate, revenue growth, profit margins, and a lower future P/E multiple. What's in the News Aether Industries has scheduled a board meeting for February 3, 2026, to review unaudited standalone and consolidated financial results for the quarter ended December 31, 2025 (company filing).
Analysis Article Feb 02

We Think Aether Industries (NSE:AETHER) Can Stay On Top Of Its Debt

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Analysis Article Jan 02

Aether Industries Limited (NSE:AETHER) Not Flying Under The Radar

With a price-to-earnings (or "P/E") ratio of 61.2x Aether Industries Limited ( NSE:AETHER ) may be sending very bearish...
Analysis Article Nov 21

Aether Industries (NSE:AETHER) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of

Aether Industries Limited's ( NSE:AETHER ) stock was strong after they recently reported robust earnings. However, our...
Analysis Article Nov 15

We Ran A Stock Scan For Earnings Growth And Aether Industries (NSE:AETHER) Passed With Ease

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Narrative Update Sep 05

Expanding Indian Manufacturing Sites Will Unlock Global Opportunities

Aether Industries' consensus revenue growth and net profit margin projections remained stable, leading to an unchanged fair value estimate of ₹1037. What's in the News Board meeting scheduled to consider unaudited standalone and consolidated financial results for Q1 ending June 30, 2025.
Analysis Article Aug 29

Aether Industries Limited's (NSE:AETHER) Earnings Haven't Escaped The Attention Of Investors

When close to half the companies in India have price-to-earnings ratios (or "P/E's") below 27x, you may consider Aether...
Analysis Article May 10

Investors Shouldn't Be Too Comfortable With Aether Industries' (NSE:AETHER) Earnings

Aether Industries Limited's ( NSE:AETHER ) robust earnings report didn't manage to move the market for its stock. Our...
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New Narrative Jan 28

Agreements With Baker Hughes And Solar Power Will Boost Future Production

Expansion and operational enhancements across multiple sites are set to boost production capacity and revenue growth significantly.
Analysis Article Jan 04

Aether Industries Limited (NSE:AETHER) Not Flying Under The Radar

When you see that almost half of the companies in the Pharmaceuticals industry in India have price-to-sales ratios (or...
Analysis Article Oct 26

Earnings Troubles May Signal Larger Issues for Aether Industries (NSE:AETHER) Shareholders

The latest earnings report from Aether Industries Limited ( NSE:AETHER ) disappointed investors. We did some digging...
Analysis Article Mar 09

Aether Industries Limited (NSE:AETHER) Not Lagging Industry On Growth Or Pricing

When close to half the companies in the Pharmaceuticals industry in India have price-to-sales ratios (or "P/S") below...
Analysis Article Sep 29

Here's Why We Think Aether Industries (NSE:AETHER) Is Well Worth Watching

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jul 29

Results: Aether Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts

Aether Industries Limited ( NSE:AETHER ) shareholders are probably feeling a little disappointed, since its shares fell...
Analysis Article Jun 09

If EPS Growth Is Important To You, Aether Industries (NSE:AETHER) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Apr 19

With Aether Industries Limited (NSE:AETHER) It Looks Like You'll Get What You Pay For

When you see that almost half of the companies in the Pharmaceuticals industry in India have price-to-sales ratios (or...
Analysis Article Nov 19

Aether Industries' (NSE:AETHER) Profits Appear To Have Quality Issues

Aether Industries Limited's ( NSE:AETHER ) healthy profit numbers didn't contain any surprises for investors. We...

Earnings and Revenue Growth Forecasts

NSEI:AETHER - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202924,0344,806-1984,0523
3/31/202819,4563,815-4973,2985
3/31/202715,2812,898-1,8201,8475
3/31/202611,6012,195-4,8091,424N/A
12/31/202510,9542,158N/AN/AN/A
9/30/20259,9301,947-4,5611,632N/A
6/30/20259,1481,755N/AN/AN/A
3/31/20258,4051,584-3,5221,001N/A
12/31/20247,1741,067N/AN/AN/A
9/30/20246,531807-3,788242N/A
6/30/20246,171826N/AN/AN/A
3/31/20245,995825-4,442-165N/A
12/31/20236,6781,215N/AN/AN/A
9/30/20236,7951,391-3,369470N/A
6/30/20236,5551,296N/AN/AN/A
3/31/20236,5441,304-4,080-66N/A
12/31/20226,1751,189N/AN/AN/A
9/30/20226,0161,092-3,849-736N/A
6/30/20226,0521,072N/AN/AN/A
3/31/20225,9271,089-1,572-54N/A
12/31/20215,6101,058-1,057-63N/A
9/30/20215,186956-467257N/A
6/30/20214,884869N/AN/AN/A
3/31/20214,517711-738232N/A
3/31/20203,026400-305177N/A
3/31/20192,019233N/A227N/A
3/31/20181,08778N/A166N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: AETHER's forecast earnings growth (22.7% per year) is above the savings rate (6.9%).

Earnings vs Market: AETHER's earnings (22.7% per year) are forecast to grow faster than the Indian market (16% per year).

High Growth Earnings: AETHER's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: AETHER's revenue (21.6% per year) is forecast to grow faster than the Indian market (10.8% per year).

High Growth Revenue: AETHER's revenue (21.6% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AETHER's Return on Equity is forecast to be low in 3 years time (13.9%).


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/30 15:00
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Aether Industries Limited is covered by 12 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kumar Saumya SinghAmbit Capital
Ashwin MehtaAmbit Capital
null nullAsian Markets Securities Private Limited