Aether Key Ratios
NSE: AETHER | BSE: 543534
₹1,696.80
As on 28-Aug-2026IST
Market cap
₹22,521 Cr
Revenue (TTM)
₹1,224 Cr
P/E Ratio
95.8
P/B Ratio
9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 8.09 | 19.40 | 18.50 | 14.37 | 15.89 |
| EBIT | 32.92 | 5.72 | 15.09 | 13.81 | 18.33 |
| Net Profit | 23.97 | 14.67 | 9.32 | 12.76 | 19.54 |
| EPS | 27.33 | 20.24 | 12.16 | 10.00 | 15.37 |
| Book Value | -- | -- | 8.19 | 21.94 | 63.08 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 21.19 | -- | 25.36 | 25.62 | 23.39 |
| Net Margin
| 16.69 | -- | 18.79 | 18.58 | 18.00 |
| Return on equity
| 6.65 | -- | 10.03 | 9.40 | 7.41 |
| Return on Capital
| 8.76 | -- | -- | 11.65 | 9.74 |
| Return on Assets
| 5.71 | -- | 8.05 | 7.51 | 6.28 |
| Debt to Equity (x)
| -- | -- | 0.00 | 0.18 | 0.08 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
11.65
|
9.74
|
6.79
|
18.74
|
|
Peer Median
|
--
|
11.47
|
12.06
|
13.53
|
--
|
ROE
10.03
Higher than Peers by 0.55
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
10.03
|
9.40
|
7.41
|
5.00
|
16.01
|
|
Peer Median
|
9.48
|
8.78
|
8.91
|
10.80
|
--
|
ROA
8.05
Higher than Peers by 1.80
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
8.05
|
7.51
|
6.28
|
4.36
|
12.13
|
|
Peer Median
|
6.24
|
5.45
|
5.64
|
6.79
|
--
|
EBIT Margin
25.36
Higher than Peers by 16.49
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
25.36
|
25.62
|
23.39
|
15.48
|
25.04
|
|
Peer Median
|
8.87
|
10.64
|
8.43
|
8.97
|
--
|
Net Margin
18.79
Higher than Peers by 12.24
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
18.79
|
18.58
|
18.00
|
12.94
|
19.53
|
|
Peer Median
|
6.55
|
6.16
|
5.96
|
6.62
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
24.64
|
24.24
|
20.39
|
23.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
33.72
Higher than Peers by 27.63
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
33.72
|
38.33
|
40.21
|
-8.13
|
10.34
|
|
Peer Median
|
6.09
|
11.13
|
9.42
|
9.36
|
--
|
EBIT Growth
34.90
Higher than Peers by 33.95
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
34.90
|
51.53
|
111.86
|
-43.20
|
6.80
|
|
Peer Median
|
0.94
|
14.08
|
1.79
|
-1.67
|
--
|
Net Profit Growth
9.32
Higher than Peers by 7.20
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
9.32
|
38.53
|
92.05
|
-36.75
|
19.72
|
|
Peer Median
|
2.12
|
20.17
|
-1.10
|
4.91
|
--
|
EPS Growth
12.16
Higher than Peers by 10.29
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
12.16
|
38.44
|
91.99
|
-40.58
|
8.36
|
|
Peer Median
|
1.88
|
14.82
|
0.15
|
4.91
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
10.33
|
7.80
|
65.62
|
221.79
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
--
--
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
0.18
|
0.08
|
0.08
|
0.00
|
|
Peer Median
|
0.03
|
0.20
|
0.16
|
0.08
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
0.18
|
0.08
|
0.08
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.78
Lower than Peers by 0.29
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
1.78
|
1.78
|
3.25
|
4.51
|
7.18
|
|
Peer Median
|
2.07
|
1.86
|
2.23
|
2.18
|
--
|
Quick Ratio
0.96
Lower than Peers by 0.49
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
0.96
|
0.96
|
2.11
|
3.32
|
4.54
|
|
Peer Median
|
1.45
|
1.58
|
1.96
|
1.71
|
--
|
Interest Coverage
17.58
Higher than Peers by 8.74
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
17.58
|
17.09
|
17.47
|
13.86
|
35.26
|
|
Peer Median
|
8.85
|
6.65
|
8.85
|
10.17
|
--
|
Operating Efficiency
Debtors to sales
31.87
Higher than Peers by 13.26
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
31.87
|
33.62
|
34.41
|
38.93
|
39.78
|
|
Peer Median
|
18.61
|
19.90
|
18.32
|
17.58
|
--
|
Asset Turnover
0.42
Lower than Peers by 0.38
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
0.42
|
0.40
|
0.33
|
0.32
|
0.61
|
|
Peer Median
|
0.80
|
0.89
|
0.84
|
0.85
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
106.76
|
113.43
|
149.84
|
118.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
146.98
|
161.02
|
180.42
|
115.35
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
103.88
|
100.66
|
113.03
|
93.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
149.86
|
173.80
|
217.24
|
140.52
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
95.76
Higher than Peers by 58.84
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
95.76
|
66.18
|
69.53
|
125.44
|
89.52
|
|
Peer Median
|
36.92
|
36.92
|
35.43
|
34.02
|
--
|
Price / Book Value
8.95
Higher than Peers by 6.16
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
8.95
|
5.93
|
4.96
|
5.03
|
9.39
|
|
Peer Median
|
2.79
|
3.15
|
2.26
|
2.74
|
--
|
Dividend Yield
--
--
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.27
|
0.23
|
0.30
|
0.28
|
--
|
EV/EBITDA
55.75
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
55.75
|
38.90
|
38.74
|
58.09
|
57.06
|
|
Peer Median
|
--
|
28.11
|
23.67
|
19.92
|
--
|
Market Cap
22,521
Higher than Peers by 19,852
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Aether
|
22,521
|
14,525
|
11,014
|
10,347
|
11,675
|
|
Peer Median
|
2,669
|
1,815
|
920
|
1,568
|
--
|