AETHER

: The next-gen disruptor reshaping the automobile ecosystem.

Founded in 2013 in Surat, Gujarat,

built an R&D-led specialty chemicals business focused on complex, niche chemistry. Commercial operations began in FY18, followed by rapid scale-up across advanced intermediates serving pharma, agro, and materials segments, delivering strong growth through global client additions. After a temporary disruption in 2023, operations stabilized in early 2024, and the company accelerated capacity expansion while shifting toward higher-margin CRAMS contracts. In Q1 FY26, Aether reported ₹259 crore revenue with 35% YoY growth and ₹47 crore PAT, marking a steady return to growth momentum as new production blocks are set to come online by end-2025.