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AETHER Diversified 15 May 2026

Aether Industries Limited — Q4 FY26

Aether Industries reported a strong FY26 with consolidated revenue of ₹1,160 crore (+38% YoY) and EBITDA of ₹355 crore (+53% YoY), driven by robust demand in large-scale manufac...

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Revenue ₹305 Cr +38%
EBITDA ₹355 Cr +53%
PAT ₹54 Cr +39%
EBITDA Margin 27% +300bps
Duration 63 min
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Elevated working capital days

Working capital days at 179 remain high due to inventory buildup for new sites; delay in revenue ramp-up could strain cash flows.

medium · management_commentary
R

Fire incident at external warehouse

A fire at an external warehouse on March 11, 2026 caused a ₹7 crore inventory write-off, raising concerns about operational risk management.

low · management_commentary
R

Debt increase from capex

Debt is expected to rise by ₹200-250 crore in FY27 as capex ramps up, potentially increasing interest costs and leverage.

medium · analyst_question
R

LSM volume decline due to logistics

Q4 LSM revenue fell sequentially due to March logistics issues; any recurrence could impact near-term sales.

low · analyst_question