Slide 1: Q4 | FY25
Q4 | FY25
Slide 2: Financial results: Revenue for the quarter
Q4 FY25 Financial results Comparing periods ₹ 2,453 M Q3 FY25 ₹ 2,333 M Revenue for the quarter Q4 FY24 +5 % Q/Q | +90% Y/Y ₹ 1,291 M (Consolidated Numbers)
Slide 3: Financial results: EBITDA for the quarter
Q4 FY25 Financial results Comparing periods ₹ 819 M Q3 FY25 ₹ 757 M EBITDA for the quarter Q4 FY24 +8 % Q/Q | +469% Y/Y ₹ 144 M (Consolidated Numbers)
Slide 4: Financial results: PAT for the quarter
Q4 FY25 Financial results Comparing periods ₹ 503 M Q3 FY25 ₹ 434 M PAT for the quarter Q4 FY24 +16 % Q/Q | +3621% Y/Y ₹ -14 M (Consolidated Numbers)
Slide 5: Earnings
Earnings REVENUE EBITDA PAT 2,453 819 503 Q4 FY25 33% 21% Q/Q +5% +8% +16% Y/Y +90% +469% +3621% 8,803 2,709 1,584 31% 18% FY25 FY/FY + 38% + 72% + 92% (Consolidated Numbers) | All numbers in INR M
Slide 6: Highlights
Site 5 Expansion Phase one - commissioning of 2 production blocks in H2 of FY26 Site 5 - additional land adjacent to current Plot 14+15, admeasuring 15 acres for future expansion Site 4 Expansion commissioning completed, commercial production started in Q4FY25 Site 3++ Expansion with new tie-up with
Slide 7: Business Models
Business Models 38% Contract | Exclusive ₹591 ₹232 ₹910 32% 20% 38% Manufacturing Q4FY23 Q4FY24 Q4FY25 10% Contract Research & ₹216 ₹139 ₹244 Manufacturing Services 12% 12% 10% Q4FY23 Q4FY24 Q4FY25 51% Large Scale ₹1,010 ₹801 ₹1,231 55% 68% 51% Manufacturing Q4FY23 Q4FY24 Q4FY25 * Q4 FY24 - fire acc
Slide 8: Aether Today
Aether Today 30.38 FY18 1,092 29.33 30.78 FY19 2,033 EBITDA % Revenue FY20 3,038 25.10 23.78 23.57 FY21 4,541 FY22 5,970 21.69 FY23 6,676 24.74* FY24 6,374* FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25 FY25 8,803 19.53 51.24% LSM 55.64% Domestic 18.25 18.00 37.87% CEM 44.36% Exports# 15.64 10.15% CRAMS 1
Slide 9: Business Segments
Business Segments Revenue 45.60% Pharma 38.33% Pharma 21.17% Agro 17.20% Agro 11.44% Material Science (7.91%) 20.77% Material Science (7.91%) 6.51% Multiple 0.96% Multiple 5.98% Oil & Gas (1.56%) 13.74% Oil & Gas (1.56%) 3.74% Coatings 2.63% Coatings 3.33% High Performance Photography 1.54% High Per
Slide 10: Foundational differentiator
Foundational differentiator FY24 15.4% Core R&D-Centric approach ₹987 demonstrated by ₹ 681.23 M spent towards Research & Development, accounting for 7.74% of the total revenues in FY25 ₹681 FY23 7.5% FY25 7.74%* FY22 6.6% ₹501 ₹ 681 ₹393 FY21 4.3% FY20 4.0% ₹193 FY19 2.6% ₹121 ₹53 * FY24 - fire acc
Slide 11: Site 2
Site 2 GPCB revocation in January 2025. Stock Loss claim settled in Q4FY25, claim for FLOP and Restatement of Fixed Assets under process.
Slide 12: Site 3++
Site 3++ Expansion is on track, with equipment procurement underway and all approvals secured for a seamless transition. A new client and product under CEM are set to launch, with commissioning targeted in Q4 FY26.
Slide 13: Site 4
Site 4 The site was commissioned in March 2024, with an SSA executed with Baker Hughes. Commercial production began in Q4-FY25 following a commercial order. Two products are now in production, with six additional products planned for a phased launch.
Slide 14: Site 5
Site 5 The EC was approved in December 2023, initiating equipment ordering. Ground digging, wall fencing, and plinth work are complete. Building work for the phase one production block has started, with commissioning expected by the end of FY26.
Slide 15: Site 5: New Land Acquired
New Land Aquired Site 5 Secured an adjacent parcel, expanding Site 5 to 46 acres, with strategic foresight for future business expansions
Slide 16: Standalone Statement of Assets and Liabilities
Standalone Statement of Assets and Liabilities ASSETS (INR in MM) FY25 FY24 FY25 FY24 EQUITY AND LIABILITIES Audited Audited Audited Audited Non-current assets Equity Property, plant and equipment 8,535 6,097 Equity share capital 1,326 1,326 Capital work-in-progress 3,331 2,143 Other equity 20,926 1
Slide 17: Standalone Financial Results
Standalone Financial Results Q4FY25 Q3FY25 Q4FY24 FY25 FY24 Audited Unaudited Audited Audited Audited Particulars (INR in MM) Revenue from operations 2,147 1,974 1,150 7,885 5,957 Other income 56 140 136 443 443 Total income 2,203 2,114 1,287 8,328 6,399 Cost of material consumed + Changes in invent
Slide 18: Standalone Statement of Cash Flows
Standalone Statement of Cash Flows FY25 Audited FY24 Audited Particulars (INR in MM) Cash generated from operations 1,557 153 Net cash from operating activities 1,177 -20 Net cash (used in) investing activities -4,148 -3,989 Net cash used in financing activities -187 8,542 Net increase / (decrease)
Slide 19: Consolidated Statement of Assets and Liabilities
Consolidated Statement of Assets and Liabilities ASSETS (INR in MM) FY25 FY24 FY25 FY24 EQUITY AND LIABILITIES Audited Audited Audited Audited Non-current assets Equity Property, plant and equipment 9,439 6,933 Equity share capital 1,326 1,326 Capital work-in-progress 3,554 2,261 Other equity 20,933
Slide 20: Consolidated Financial Results
Consolidated Financial Results Q4FY25 Q3FY25 Q4FY24 FY25 FY24 Audited Unaudited Audited Audited Audited Particulars (INR in MM) Revenue from operations 2,402 2,197 1,175 8,387 5,982 Other income 51 136 116 416 392 Total income 2,453 2,333 1,291 8,803 6,374 Cost of material consumed + Changes in inve
Slide 21: Consolidated Statement of Cash Flows
Consolidated Statement of Cash Flows FY25 Audited FY24 Audited Particulars (INR in MM) Cash generated from operations 1,381 8 Net cash from operating activities 1,001 -165 Net cash (used in) investing activities -4,179 -4,239 Net cash used in financing activities 20 8,938 Net increase / (decrease) i
Slide 22: Innovation is our element; Chemistry is our craft
“ Innovation is our element; Chemistry is our cra .” All rights reserved. Aether and the Aether logo are trademarks of Aether Industries Limited, registered in India Registered Office - 8203, Road No. 08, GIDC Sachin - 394230, Surat, Gujarat, India | Board Line: +91-261-6603000 | Email ID: info@aeth