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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Aether Industries Limited is an India-based company, which is engaged in in the business of specialty chemicals and intermediates. The Company focuses on producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology.…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, steadily growing business, fairly priced.
Aether Industries is scored on the general / industrial framework. It keeps a healthy 18.6% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT 0.65×) — worth a closer look. Free cash flow is worth about -2.3% of its market value.
Over the last 3 years revenue compounded at 21%/yr and profit at 19%/yr. Book value itself has compounded 25%/yr — the hallmark of a genuine compounder. Return on equity is a modest 9.6%. In the latest quarter profit grew 8% versus the prior quarter.
At 94× earnings, the stock sits at the 57th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price already implies ~29%/yr earnings growth sustained for a decade — a demanding bar. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 83.16 | — | — |
| P/B | 7.99 | 2.69 | worse |
| EV/EBITDA | 49.83 | 10.45 | worse |
| ROE | 9.61 | — | — |
| ROCE | 10.65 | — | — |
| ROA | 6.92 | — | — |
| Quick Ratio | 0.96 | 2.26 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Pidilite Industries | 59.1 | 14.3 | 23.9% |
| SRF | 32.3 | 4.8 | 14.9% |
| Linde India | 118.3 | 13.3 | 11.3% |
21% CAGR over 3 years — high-growth territory.
The latest year saw a +39% swing — check if it's a one-off or structural.
Operating margins have been stable around 25% — no major structural shift.
ROE at 9% — modest; the capital isn't working hard.
Profit grew faster than EPS (19% vs 16%) — share dilution is eroding per-share value. 16% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Investing outflows exceed operating cash — the company relies on external funding to finance expansion. Raising capital despite positive cash flow — could signal expansion plans or opportunistic fundraising.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 5% sequentially — momentum is building. Run-rate stepping up — recent quarters average 8% above earlier ones.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.9% — heavily owner-operated with strong skin in the game. FIIs have accumulated for 3 straight quarters — sustained foreign institutional conviction. MF stake down 2.2pp — domestic funds are booking profits or rebalancing out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.