Aether Industries Limited, India’s leading specialty chemical manufacturer that focuses on advanced intermediates and specialty chemicals, Q4 FY22 revenue is up by 26.8% to reach Rs. 147.71 crore whereas profit is up by 13.8% to reach 26.02 crore. 

 

Revenues from operations for the full year ended March 31, 2022 stood at Rs. 590.05 crore as compared to Rs. 449.82 crore in FY21. Profit After Tax (PAT) stood at Rs. 108.93 crore for FY22 as against Rs. 71.12 crore in FY21. 

 

Commenting on the results, Dr. Aman Desai, Promoter & Whole-time Director, Aether Industries said, "We have managed to sustain our growth profile year on year. Our differentiated approach, methods and consistent investment into R&D, building better manufacturing platforms has kept us riding the tide and efforts will continue across teams to stay ahead. In our sales mix the Pharma sector continues to dominate i.e 59.54% followed by the Agrochemicals sector which grew by 4.08% to 24.68%. Other segments like Coatings grew by 0.54% to 3.31% in addition to new segments like Material Science contributing 4.21% and Oil and Gas contributing 0.92% besides others. 64.67% of our revenues comes from exports (including SEZ sales and sales to EOU units in India), balance 35.33% catering to domestic sales."

 

"Additionally states, If we were to speak of the three business models, the sales revenue break-up for the FY22 looks more interesting with Large Scale Manufacturing contributing 76.03% (FY21 it was 72.23%), Contract Manufacturing contributing 23.77% (FY21 19.38%) and Contract Research and Manufacturing Services (CRAMS) contributing 8.12% (FY21 7.98%) of the revenue from operations. If we were to look at the geographic mix, India accounts for 58.77%, Europe accounts for 30.30%, USA accounts for 6.25%, Asia accounts for 4.27% and ROW accounts for 0.42% of the revenue from operations in FY22," commented Desai. 

 

"Focus of the Company has always been on the Quality, Environment, Health & Safety (QEHS), where we have a total of 15.44% of manpower (of our total strength as on March 31, 2022) deployed to these areas. We have also been awarded a Silver EcoVadis Medal, for the sustainability initiative. We are also a proud member of the UN Global Compact for the various corporate social responsibility initiatives," added Desai.