Ester Industries Limited ESTER NSEINFRA
Ester Industries Limited engages in the manufacture and sale of polyester films in India and internationally. The company operates through three segments: Polyester Films (BOPET), Specialty Polymers, and R PET. The company offers polyester films comprising special chemical coated, metalized high and ultra-high barrier, transparent high barrier, isotropic, heat seal, retort, shrink sleeve, matte, UV stabilized, white opaque, gold, embossable, high clear, high friction, insulation, twist, antistatic, one side matte one side gloss, antifog, antifog sealable peelable, antimony-free, biodegradable, chemical resistance, digital printing, direct UV offset printable polyester, EVA coated, flame retardant, low friction silky matte, low emisivity, milky white, oxo-biodegradable, PVDC coated, post-consumer recycled, pre-primed, release/transfer, retort, sealable peelable, silky matte, straight tear polyethylene terephthalate (PET), thermoformable, velvet touch, and window metalized films, as well as printing, converting, and metallizing films. In addition, the company offers specialty polymers comprising masterbatches; technical yarns; textile grades for textile applications; PET for food and packaging applications; and polyester chips. It serves the food packaging, beverage packaging, home and personal care, industrial packaging, construction, identification and security, automotive, electrical and electronics, appliance, consumer and industrial goods, carpet, and textile industry markets. It also exports its products. The company was incorporated in 1985 and is headquartered in Gurugram, India. Ester Industries Limited is a subsidiary of Wilemina Finance Corporation.
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Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
No notable strengths flagged.
CONS
- Earnings shrank at -40.0% CAGR over 5 years.
- Trading 34.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | ESTER Ester Industries Limited NSEINFRA | 92.15 | - | ₹961.08 Cr | 0.65% | 3.24% | -3.53% | 7.47% | -40.02% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 11,482.00 | 41.32 | ₹3.38 L Cr | 0.67% | 11.90% | 10.59% | 12.40% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,278.00 | 14.01 | ₹3.12 L Cr | 0.56% | 19.15% | 27.26% | 3.61% | 75.28% |
| 4 | HINDZINC Hindustan Zinc Limited NSEINFRA | 632.95 | 19.34 | ₹2.67 L Cr | 3.32% | 62.35% | 76.94% | 5.61% | 9.58% |
| 5 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 208.02 | 28.34 | ₹2.59 L Cr | 1.92% | 11.32% | 11.16% | -1.59% | 7.21% |
| 6 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 1,126.70 | 18.73 | ₹2.52 L Cr | 0.44% | 9.50% | 10.29% | 7.40% | 9.87% |
| 7 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 3,122.40 | 42.74 | ₹2.12 L Cr | 0.32% | 4.00% | 6.29% | 14.63% | -10.06% |
| 8 | SOLARINDS Solar Industries India Limited NSEINFRA | 18,247.00 | 98.04 | ₹1.65 L Cr | 0.06% | 29.51% | 31.33% | 13.27% | 30.36% |
| 9 | PIDILITIND Pidilite Industries Limited NSEINFRA | 1,482.80 | 61.73 | ₹1.51 L Cr | 0.67% | 28.48% | 23.52% | 7.50% | 24.36% |
Quarterly Results
Figures in INR.
| Metric | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | 319.26 Cr | 338.20 Cr | 354.19 Cr | 338.98 Cr | 343.82 Cr |
| Cost of Revenue | 195.91 Cr | 213.65 Cr | 241.38 Cr | 227.91 Cr | 200.91 Cr |
| Gross Profit | 123.34 Cr | 124.55 Cr | 112.81 Cr | 111.07 Cr | 142.91 Cr |
| Operating Expenses | 103.77 Cr | 121.33 Cr | 115.13 Cr | 111.98 Cr | 118.29 Cr |
| Operating Income | 19.57 Cr | 3.23 Cr | -2.32 Cr | -91.86 L | 24.62 Cr |
| EBITDA | 39.12 Cr | 28.96 Cr | 17.33 Cr | 20.96 Cr | 43.31 Cr |
| Interest Expense | 15.66 Cr | 15.48 Cr | 17.23 Cr | 15.99 Cr | 16.21 Cr |
| Pretax Income | 6.37 Cr | -3.81 Cr | -17.23 Cr | -12.68 Cr | 9.44 Cr |
| Tax Provision | 4.41 Cr | 3.35 Cr | -1.45 Cr | -26.35 L | 1.56 Cr |
| Net Income | 1.96 Cr | -7.16 Cr | -15.78 Cr | -12.41 Cr | 7.87 Cr |
| Diluted EPS | 0.21 | -0.74 | -1.62 | -1.27 | 0.81 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue | - | 1,107.80 Cr | 1,057.31 Cr | 1,282.14 Cr | 1,375.19 Cr |
| Cost of Revenue | - | 847.08 Cr | 936.80 Cr | 794.94 Cr | 883.86 Cr |
| Gross Profit | - | 260.72 Cr | 120.50 Cr | 487.21 Cr | 491.34 Cr |
| Operating Expenses | - | 168.28 Cr | 205.52 Cr | 408.77 Cr | 466.73 Cr |
| Operating Income | - | 92.44 Cr | -85.02 Cr | 78.44 Cr | 24.61 Cr |
| EBITDA | - | 104.19 Cr | 3.39 Cr | 163.89 Cr | 110.56 Cr |
| Interest Expense | - | 36.34 Cr | 70.36 Cr | 67.33 Cr | 64.91 Cr |
| Pretax Income | - | 23.93 Cr | -135.00 Cr | 27.81 Cr | -24.28 Cr |
| Tax Provision | - | 12.24 Cr | -13.95 Cr | 14.11 Cr | 3.19 Cr |
| Net Income | - | 136.90 Cr | -121.05 Cr | 13.70 Cr | -27.47 Cr |
| Diluted EPS | - | 16.42 | -14.49 | 1.46 | -2.82 |
Compounded Sales Growth
| 5 Years: | 7.47% |
| 1 Year: | 7.70% |
Compounded Profit Growth
| 5 Years: | -40.02% |
| 1 Year: | 285.70% |
Stock Price Performance
| 1 Year: | -34.24% |
| 6 Months: | -14.24% |
| 3 Months: | -5.12% |
| 1 Month: | +2.18% |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Total Assets | - | 1,714.54 Cr | 1,643.06 Cr | 1,572.91 Cr | 1,673.86 Cr |
| Current Assets | - | 606.59 Cr | 543.35 Cr | 505.28 Cr | 606.30 Cr |
| Cash & Equivalents | - | 28.35 Cr | 99.97 Cr | 22.56 Cr | 1.17 Cr |
| Inventory | - | 172.23 Cr | 144.63 Cr | 161.42 Cr | 208.71 Cr |
| Receivables | - | 151.53 Cr | 147.31 Cr | 170.34 Cr | 184.94 Cr |
| Total Liabilities | - | 971.10 Cr | 925.52 Cr | 800.39 Cr | 891.13 Cr |
| Current Liabilities | - | 358.76 Cr | 429.30 Cr | 331.85 Cr | 421.02 Cr |
| Long Term Debt | - | 538.13 Cr | 438.51 Cr | 404.78 Cr | 404.95 Cr |
| Total Debt | - | 815.71 Cr | 772.53 Cr | 660.18 Cr | 729.01 Cr |
| Total Equity | - | 743.43 Cr | 717.54 Cr | 772.52 Cr | 782.73 Cr |
| Shares Outstanding | - | 8.34 Cr | 9.40 Cr | 9.40 Cr | 9.76 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | 57.74 Cr | 43.78 Cr | 112.19 Cr | 88.54 Cr |
| Investing Cash Flow | - | -199.33 Cr | 41.71 Cr | -56.48 Cr | -116.43 Cr |
| Financing Cash Flow | - | 113.81 Cr | -13.88 Cr | -133.11 Cr | 6.49 Cr |
| Capital Expenditure | - | -256.59 Cr | -73.46 Cr | -31.00 Cr | -61.44 Cr |
| Free Cash Flow | - | -198.85 Cr | -29.68 Cr | 81.19 Cr | 27.10 Cr |
| Net Change in Cash | - | -27.79 Cr | 71.61 Cr | -77.40 Cr | -21.39 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Gross Margin % | - | 23.5% | 11.4% | 38.0% | 35.7% |
| Operating Margin % | - | 8.3% | -8.0% | 6.1% | 1.8% |
| Net Margin % | - | 12.4% | -11.4% | 1.1% | -2.0% |
| ROE % | - | 18.4% | -16.9% | 1.8% | -3.5% |
| ROCE % | - | 6.8% | -7.0% | 6.3% | 2.0% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for ESTER