Summary of Key Information:

Reporting Period: Quarter and Half Year ended September 30, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results Approval

Audit Opinion:

Unmodified opinion (clean) by statutory auditors Suresh I Surana & Associates for both standalone and consolidated financial results

Key Financial Highlights [Rupees in millions]:

Consolidated Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹3,472.19 (vs ₹2,801.00 in Q2 FY26 - 24.0% YoY growth)
  • Total Income: ₹3,522.94
  • Net Profit: ₹679.96 (vs ₹539.56 in Q2 FY26 - 26.0% YoY growth)
  • EPS: ₹5.12 (Basic), ₹5.11 (Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹6,737.76 (vs ₹5,312.37 in H1 FY26 - 26.8% YoY growth)
  • Total Income: ₹6,865.40
  • Net Profit: ₹1,307.45 (vs ₹1,009.77 in H1 FY26 - 29.5% YoY growth)
  • EPS: ₹9.85 (Basic), ₹9.83 (Diluted)

Consolidated Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹36,022.63
  • Equity Share Capital: ₹1,327.28
  • Other Equity: ₹24,610.46
  • Total Equity: ₹25,937.74
  • Cash and Cash Equivalents: ₹56.97
  • Borrowings: ₹4,515.57 (Current) + ₹2,070.38 (Non-current) = ₹6,585.95 Total Debt

Standalone Results:

Quarter Ended September 30, 2026:

  • Revenue from Operations: ₹2,745.14 (vs ₹2,297.20 in Q2 FY26 - 19.5% YoY growth)
  • Total Income: ₹2,791.65
  • Net Profit: ₹518.90 (vs ₹435.71 in Q2 FY26 - 19.1% YoY growth)
  • EPS: ₹3.91 (Basic), ₹3.90 (Diluted)

Half Year Ended September 30, 2026:

  • Revenue from Operations: ₹5,310.20 (vs ₹4,390.54 in H1 FY26 - 20.9% YoY growth)
  • Total Income: ₹5,455.31
  • Net Profit: ₹1,002.08 (vs ₹837.16 in H1 FY26 - 19.7% YoY growth)
  • EPS: ₹7.55 (Basic), ₹7.54 (Diluted)

Standalone Balance Sheet (as of September 30, 2026):

  • Total Assets: ₹34,083.31
  • Equity Share Capital: ₹1,327.28
  • Other Equity: ₹23,839.34
  • Total Equity: ₹25,166.62
  • Cash and Cash Equivalents: ₹56.96
  • Borrowings: ₹3,697.31 (Current) + ₹2,070.38 (Non-current) = ₹5,767.69 Total Debt

Segment-wise Performance:

The Company has a single segment of manufacturing Speciality Chemicals and Intermediates. Disclosure under Ind AS 108 on operating segments is not applicable.

Corporate Actions:

  • During the quarter and half year ended September 30, 2026, the Company allotted 15,269 and 48,021 equity shares of ₹10/- each, consequent to the exercise of stock options by employees under the Employee Stock Option Scheme.
  • No dividend declarations, share splits, bonus issues, or buybacks announced.

Other Significant Information:

Fire Incidents:

1. On November 29, 2023: Accidental fire at Manufacturing Facility-I, Sachin, Surat

  • Damage to property, plant and equipment: ₹299.68 million (written off in Q4 FY26)
  • Insurance settlement received in Q1 FY27: ₹260.05 million (₹225.05 million for asset loss, ₹35.00 million for Financial Loss/Profit)

2. On March 11, 2026: Fire at external warehouse, Hojiwala Industrial Estate, Sachin, Surat

  • Inventory loss: ₹70.00 million (recognized in Q4 FY26)
  • Insurance claim lodged, assessment in progress

Exceptional Items:

  • Q2 FY26: ₹26.79 million (excess insurance premium and related expenses for fire claims)
  • H1 FY26: ₹53.13 million
  • FY26: ₹89.76 million

Capital Expenditure:

  • Significant capital work-in-progress: ₹7,052.14 million (Consolidated), ₹6,638.23 million (Standalone)
  • Property, plant and equipment: ₹12,407.43 million (Consolidated), ₹11,569.21 million (Standalone)

Entities in Consolidation:

  • Aether Industries Limited (Holding Company)
  • Aether Speciality Chemicals Limited (Wholly Owned Subsidiary)