Aether Industries reports strong Q2/H1 FY26 results!
**Business Performance:** Q2 Operating Revenue hit ₹275.1 Cr, soaring 38% YoY thanks to growing Contract & Exclusive Manufacturing (CEM) and steady Large Scale Manufacturing (LSM) demand. EBITDA jumped 70% YoY to ₹85.3 Cr, while Profit After Tax (PAT) climbed 55% YoY to ₹54.0 Cr, benefiting from an improved segment mix. For H1 FY26, revenue increased 35% to ₹542.5 Cr, EBITDA spiked 81% to ₹163.4 Cr, and PAT grew 56% to ₹101.0 Cr. CEM and Contract Research & Manufacturing Services (CRAMS) together contribute over 55% of Q2 revenue.
**Growth Drivers & Strategy:** The company emphasizes its R&D-centric approach, investing ₹39.23 Cr in H1 FY26.
**Recent Developments:** Aether onboarded 10 new customers in H1 FY26. Expansion is key: Site 5's first phase (two production blocks) and Site 3++ (including a CEM product launch with Milliken & Co.) are on track for commissioning by Q4 FY26.
**Management Commentary / Outlook:** The focus on capacity expansion and strategic partnerships, like with Milliken & Co., indicates a plan for continued growth.