Aether Industries

₹823.9 -0.6 | 0.1%

WEBSITE BSE:543534 NSE : AETHER 10 May, 16:01

Market Cap ₹10921 Cr.

Stock P/E 88.1

P/B 5.3

Current Price ₹823.9

Book Value ₹ 155.6

Face Value 10

52W High ₹1209

Dividend Yield 0%

52W Low ₹ 775

Edit Ratio

Aether Industries Research see more...

Equity Research: Aether Industries Ltd.

Overview Inc. Year: 2013Industry: Chemicals

Aether Industries Ltd is a technology company based in the United Kingdom that focuses on developing cutting-edge software and hardware solutions for a variety of industries. The company's expertise lies in developing advanced technologies in the fields of artificial intelligence, machine learning, robotics, and automation. Aether Industries has a talented team of experts in engineering, software development, and data science who work together to create innovative solutions for their clients. The company's portfolio includes projects in healthcare, manufacturing, logistics, and finance, among others. Aether Industries is committed to using technology to improve people's lives and make businesses more efficient and profitable. The company's mission is to create sustainable and scalable solutions that address the world's most pressing challenges.

Aether Industries Share Price

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Peer Comparison

Aether Industries Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	141	151	148	160	140	167	184	161	164	155
Other Income	3	2	0	6	6	3	1	2	14	11
Total Income	144	154	148	166	147	171	184	163	178	167
Total Expenditure	101	112	105	118	103	120	124	116	118	124
Operating Profit	44	42	42	49	43	51	60	47	60	43
Interest	3	4	3	3	1	0	1	1	2	2
Depreciation	3	4	4	5	5	6	7	9	10	10
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	-6
Profit Before Tax	37	34	35	41	37	44	52	37	49	24
Provision for Tax	12	8	9	11	10	9	15	7	12	6
Profit After Tax	25	25	26	31	27	35	38	30	37	17
Adjustments	0	-0	0	0	0	0	-0	0	0	0
Profit After Adjustments	25	25	26	31	27	35	38	30	37	17
Adjusted Earnings Per Share	2.3	2.3	2.3	2.5	2.2	2.8	3	2.2	2.8	1.3

Aether Industries Profit & Loss

#(Fig in Cr.)	Mar 2022	Mar 2023	TTM
Net Sales	590	651	664
Other Income	7	17	28
Total Income	597	668	692
Total Expenditure	422	465	482
Operating Profit	175	203	210
Interest	13	5	6
Depreciation	15	23	36
Exceptional Income / Expenses	0	0	-6
Profit Before Tax	146	174	162
Provision for Tax	38	44	40
Profit After Tax	109	130	122
Adjustments	0	0	0
Profit After Adjustments	109	130	122
Adjusted Earnings Per Share	9.7	10.5	9.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	10%	0%	0%	0%
Operating Profit CAGR	16%	0%	0%	0%
PAT CAGR	19%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	-11%	NA%	NA%	NA%
ROE Average	16%	22%	22%	22%
ROCE Average	19%	21%	21%	21%

Aether Industries Balance Sheet

#(Fig in Cr.)	Mar 2022	Mar 2023
Shareholder's Funds	387	1245
Minority's Interest	0	0
Borrowings	122	0
Other Non-Current Liabilities	19	41
Total Current Liabilities	242	94
Total Liabilities	770	1380
Fixed Assets	257	646
Other Non-Current Assets	103	59
Total Current Assets	410	675
Total Assets	770	1380

Aether Industries Cash Flow

#(Fig in Cr.)	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	6	18
Cash Flow from Operating Activities	-5	-7
Cash Flow from Investing Activities	-151	-348
Cash Flow from Financing Activities	169	439
Net Cash Inflow / Outflow	12	84
Closing Cash & Cash Equivalent	18	102

Aether Industries Ratios

#	Mar 2022	Mar 2023
Earnings Per Share (Rs)	9.67	10.47
CEPS(Rs)	11.04	12.34
DPS(Rs)	0	0
Book NAV/Share(Rs)	34.28	99.83
Core EBITDA Margin(%)	28.48	28.61
EBIT Margin(%)	27.04	27.58
Pre Tax Margin(%)	24.81	26.8
PAT Margin (%)	18.45	20.03
Cash Profit Margin (%)	21.08	23.6
ROA(%)	14.15	12.13
ROE(%)	28.2	16.01
ROCE(%)	23.75	18.74
Receivable days	101.09	118.42
Inventory Days	100.63	115.35
Payable days	94.44	93.25
PER(x)	0	89.52
Price/Book(x)	0	9.39
Dividend Yield(%)	0	0
EV/Net Sales(x)	0.64	17.77
EV/Core EBITDA(x)	2.17	57.06
Net Sales Growth(%)	0	10.34
EBIT Growth(%)	0	12.51
PAT Growth(%)	0	19.72
EPS Growth(%)	0	8.36
Debt/Equity(x)	0.74	0
Current Ratio(x)	1.69	7.18
Quick Ratio(x)	1.02	4.54
Interest Cover(x)	12.16	35.26
Total Debt/Mcap(x)	0	0

Aether Industries Shareholding Pattern

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	87.09	87.09	87.07	87.07	81.81	81.81	81.79	81.79
FII	1.8	1.49	1.56	1.56	1.87	2.43	1.98	2.22
DII	8.33	8.39	8.35	8.39	13.66	12.99	11.8	11.82
Public	2.78	3.02	3.01	2.97	2.67	2.76	4.43	4.17
Others	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100

#	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	10.84	10.84	10.84	10.84	10.84	10.84	10.84	10.84
FII	0.22	0.19	0.19	0.19	0.25	0.32	0.26	0.29
DII	1.04	1.04	1.04	1.04	1.81	1.72	1.56	1.57
Public	0.35	0.38	0.38	0.37	0.35	0.37	0.59	0.55
Others	0	0	0	0	0	0	0	0
Total	12.45	12.45	12.45	12.45	13.25	13.25	13.26	13.26

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 22%
Debtor days have improved from 94.44 to 93.25days.
Company has reduced debt.
Company is almost debt free.

Cons

Stock is trading at 5.3 times its book value.

* 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.