Aether Industries announced its financial results for Q3 FY26, showcasing strong growth. Operating Revenue reached ₹3,171 M, a 13% increase Q/Q and 44% Y/Y. EBITDA stood at ₹1,083 M, up 27% Q/Q and 75% Y/Y. Profit After Tax (PAT) was reported at ₹645 M, a 20% increase Q/Q and 49% Y/Y. The company continues its expansion with Site 3++ and Site 5 projects.
Financial Performance
Aether Industries reported robust financial results for Q3 FY26:
- Operating Revenue: ₹3,171 M (Up 13% Q/Q and 44% Y/Y)
- EBITDA: ₹1,083 M (Up 27% Q/Q and 75% Y/Y)
- Profit After Tax: ₹645 M (Up 20% Q/Q and 49% Y/Y)
The growth in Operating Revenue was driven by CEM contracts and volume led LSM demand. The increase in EBITDA was led by operating leverage and an increase in CEM contracts. Improved profitability contributed to the rise in Profit After Tax.
9M FY26 Performance
The company also reported strong performance for the first nine months of FY26:
- Revenue: ₹8,534 M (Up 43% Y/Y)
- EBITDA: ₹2,716 M (Up 78% Y/Y)
- PAT: ₹1,655 M (Up 53% Y/Y)
Business Segment Breakdown
The revenue contribution from different business models for Q3 FY26 is as follows:
- Contract / Exclusive Manufacturing: 43%
- Contract Research & Manufacturing Services: 8%
- Large Scale Manufacturing: 41%
It was highlighted that CRAMS and CEM contribute more than 50% of revenue.
Strategic Developments
Aether Industries continues to focus on strategic expansions:
- Site 3++ Expansion: Commercial production is set to commence by March 2026.
- Site 5 Expansion: Phase one, consisting of two production blocks, is expected to begin commercial production by March 2026.
- R&D Expansion: The company is installing 20 fume hoods and expanding its R&D center.
R&D Investments
Aether Industries is dedicated to R&D, with ₹606.09 M spent on R&D, accounting for 7.01% of revenues in 9M FY26.
Source: BSE
