Aether Industries Limited — PPTs, 03-02-2026: Investor Presentation

Aether Industries posted solid Q3 FY26 results. Operating revenue rose to ₹317.1 Cr (+13% QoQ, +44% YoY), driven by growing Contract | Exclusive Manufacturing (CEM) contracts and Large Scale Manufacturing (LSM) demand. EBITDA surged to ₹108.3 Cr (+27% QoQ, +75% YoY) on operating leverage and CEM growth, leading to a Profit After Tax (PAT) of ₹64.5 Cr (+20% QoQ, +49% YoY). For 9M FY26, revenue was ₹853.4 Cr (+43% YoY), EBITDA ₹271.6 Cr (+78% YoY), and PAT ₹165.5 Cr (+53% YoY). CEM and Contract Research & Manufacturing Services (CRAMS) now contribute over 50% of revenue.

The company is expanding capacity with Site 5 (Phase 1) and Site 3++ slated for commercial production by March 2026, including a strategic product for Milliken from Site 3++. R&D is a key focus, with ₹60.61 Cr spent in 9M FY26 and further R&D expansion underway. They've also onboarded 15 new customers during 9M FY26. Management emphasizes a long-term strategic vision.