Q3-FY26 · Dr. Aman Desai
We are discussing significant contracts, significant ventures with the biggest chemical companies in Europe today.
Aether Industries · tone and specificity signals across the available quarters.
Language signals
We are discussing significant contracts, significant ventures with the biggest chemical companies in Europe today.
The dictum in the company is that we should scale up having a cup of tea.
We are positioning ourselves as a strategic partner to the customer with a low cost aggressive economically costing from the Indian manufacturing perspective.
We are entering a new growth phase powered by three big levers: successful commissioning of site 3++ and phase one of site 5, deepening relationships with global technology and industrial leaders, and sharp focus on operating cash flow and discipline execution.
Global chemical companies do want to get ahead of the curve and are accelerating the developmental plans with label partners. The focus in all these engagements is singularly India. They want to be in India unless they can't.
We have been able to reduce the overall working capital cycle to 179 days as on 31st March 26 from 194 days as of 31st March 25. Even though these levels remain elevated, we expect the working capital days to decline as we expect revenues from site 3++ and the commencement of site 5 very soon.