Thursday, November 12, 2026

Aether Industries Q4 profit rises on strong specialty chemicals demand despite warehouse fire loss

Date:

Aether Industries reported a rise in fourth-quarter profit and revenue, aided by strong growth in its specialty chemicals business.The company posted a consolidated net profit of ₹54 crore for the quarter ended March 31, compared with ₹50.2 crore a year earlier. Revenue from operations rose 27% year-on-year to ₹305 crore from ₹240 crore.

EBITDA increased 3.8% to ₹82.7 crore from ₹79.7 crore in the year-ago period, while EBITDA margin narrowed to 27.1% from 33.2% last year.
The company also disclosed that a fire incident occurred on March 11, 2026, at its external warehouse located at Hojiwala Industrial Estate in Sachin, Surat. Following a preliminary assessment, it recognised an inventory loss of ₹7 crore in the March quarter and full-year profit and loss statement. The company said it has lodged an insurance claim and that assessment of the claim is currently underway.Separately, the company assessed damage to property, plant and equipment worth ₹29.97 crore related to the incident. It has received ₹21 crore from the insurer toward the claim and expects recoveries to exceed the carrying value of the assets lost, based on management estimates and the insurance surveyor’s assessment, the filing said. The remaining ₹8.97 crore has been recognised as receivable from the insurance company.

Aether Industries said it operates in a single business segment of manufacturing specialty chemicals and intermediates.

Shares of Aether Industries ended marginally higher on Friday, May 15, by 0.35% at ₹1,110.20 on the NSE.

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