Aether Industries Limited

Aether Industries Limited is a speciality chemical manufacturer in India focused on producing advanced intermediates and speciality chemicals involving complex and differentiated chemistry and technology core competencies.

The company’s business was started in 2013 with a vision to create a niche in the global chemical industry with a creative approach towards chemistry, technology and systems that would lead to sustainable growth. In the first phase of the company’s development through Fiscal 2017, the company focused on building its team and infrastructure and on its R&D centered on building the company’s core competencies. The company’s revenue generation operations commenced with its second phase in Fiscal 2017. The company is one of the fastest growing specialty chemical companies in India, growing at a CAGR of nearly 49.5% between Fiscal 2019 and Fiscal 2021 (Source: F&S Report, May 2022).

The company has three business models under which it operates: (i) large scale manufacturing of its own intermediates and speciality chemicals; (ii) contract research and manufacturing services (“CRAMS”) and (iii) contract/exclusive manufacturing.

Aether Industries is among the few Indian specialty chemical companies to have successfully launched these three separate business models in just 5 years into commercial manufacturing (Source: F&S Report, May 2022).

As of March 31, 2022, the company’s product portfolio comprised over 25 products. According to Frost & Sullivan, in CY2020, the company is sole manufacturer in India of 4MEP, MMBC, T2E, OTBN, NODG, DVL and Bifenthrin Alcohol, and it is the largest manufacturers in the world by volume for 4MEP, T2E, NODG and HEEP. (Source: F&S Report, May 2022).