Aether Industries Ltd
Aether Industries Ltd (AETHER)

Aether Industries Ltd (AETHER)

₹9130.03%

Key Stats

₹902.3
Day's Price Range
₹930
₹701
52-Week Price Range
₹1048.9
1 Month Return-0.94 %
3 Month Return17.86 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

EPS
Rank 2
BVPS
Rank 2
Dividend Yield
Rank 2
ROE
Rank 1
38.82%
Debt To Asset
Rank 2

Company Information

Aether Industries Limited is one of the fastest growing specialty chemical companies in India. The Company was originally incorporated as Aether Industries Limited on January 23 2013 at Surat as a Public Limited Company under Companies Act 1956. The Company received the Certificate for Commencement of Business from RoC on March 18 2013. The Company is led by Promoters Ashwin Jayantilal Desai Purnima Ashwin Desai Rohan Ashwin Desai and Dr. Aman Ashvin Desai who have a combined experience in the chemical industry. The business was started in 2013 to create a niche in the global chemical industry with a creative approach towards chemistry technology and systems that would lead to sustainable growth. In 2017 through first phase of development the Company focus was on building team infrastructure and RD centre. In 2018 the Company commenced its operations. The Company is a speciality chemical manufacturer in India focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies. The products of the Company find application invarious sectors like Pharmaceuticals Agrochemicals Specialty Electronic Chemicals Material Sciences High Performance Photography etc. The Company has three business models which comprises to operate i large scale manufacturing of its own intermediates and speciality chemicals ii contract research and manufacturing services CRAMS and iii contract/exclusive manufacturing.The Company has two sites at Sachin in Surat Gujarat. The Manufacturing Facility 1 is an approximately 3500 square meters facility including RD Facilities analytical sciences laboratories Pilot Plant CRAMS facility and hydrogenation facility. The Manufacturing Facility 2 spans approximately 10500 square meters and act as a large scale manufacturing facility with an installed capacity of 6096 MT per annum for solvent recovery plant SRP Plant: 13140 MT distributed among three buildings that host 16 production streams and one SRP Plant StreamThe Company has a product portfolio of nearly 22 products. The Company was the sole manufacturer in India of 4MEP MMBC T2E OTBN NODG DVL and Bifenthrin Alcohol and the largest manufacturers in the world by volume for 4MEP T2E NODG and HEEP. The operations at Manufacturing Facility 2 have ISO 9001: 2015 ISO 14001:2015 ISO 45001:2018 ISMS 27001:2013 and Indian GMP certification. The Company had a specialized RD team of 141 scientists and engineers including 81 scientists with PhDs or Master of Science degrees and 60 chemical engineers. The RD Facilities are equipped with laboratories engaged in process development process innovation and technology development which assists them in pursuing efficiencies from the initial conceptualization up to commercialization of a product.In 2015 Acquired land of 10500 Sq. Mtr. at Manufacturing Facility 2 Plot No. 8203 and commenced the construction for two productionfacilitiesIn 2016 the Company completed the construction of two production facilities and started commercial production at Manufacturing Facility 2 Plot No. 8203. The Company also started commercial production of our signature product 4MEP.In 2017 the Company diverted to the expansion of the QA / QC facility at Manufacturing Facility 1.In 2018 the Company started commercial production of its signature product OTBN.In 2019 the Company added a warehouse at Plot No. 6714 GIDC in Sachin. The Company started commercial production of its signature product MMBC.In 2020 the Company expanded its Pilot plant at Manufacturing Facility 1. The Company In August 2021 the Company commenced construction of a new third manufacturing facility at Sachin and is expected to begin construction on a fourth manufacturing facility at Sachin by the end of Fiscal 2022 subject to timely acquisition of land from the relevant authorities. In addition to RD and manufacturing of own products the Company is engage in contract research and manufacturing services CRAMS its second business model which are the research and technology services that customers outsource to clients and include contract research pilot scaleup services contract manufacturing FTE services technology development and process development and optimization. The CRAMS customers work jointly with scientists and engineers and the Company execute their projects in RD Facilities analytical sciences laboratories and Pilot Plant.
OrganisationAether Industries Ltd
HeadquartersSurat
IndustryChemicals