Ester Industries
- Market cap
- ₹ 887 Cr.
- P/E
- 241.4x
- P/B
- 1.11x
- 52-week range
- 68.55 – 120
- ROE
- −4%
- ROCE
- 3%
- Dividend yield
- 0.3%
- Debt / equity
- 0.93
- Sector
- Industrial Products
- Industry
- Packaging
- Listed on
- NSE, BSE
About
Ester Industries Limited is an India-based company which is engaged in the business of manufacturing of polyester films, specialty polymers and engineering plastic compounds. The Company operates in two segments: Polyester chips and film and Specialty polymer. Polyester Films find applications primarily in flexible packaging while Specialty Polymers find applications in niche areas including rigid packaging, textiles, and others. The engineering plastics business processes various materials for industries like automotive, electrical & electronics, appliances and telecom. Its polyester films products include one side matte one side gloss, anti-fog film, anti-fog sealable peelable film, antimony-free film, bio-degradable film, chemical resistance film, digital printing film, direct UV offset printable polyester film, EVA coated film, flame retardant film, low friction silky matte film, low emisivity film, milky white film, oxo-biodegradable film, and others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Packaging: 96 companies →Ester Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)241.4 against a typical 18: pricier than most peers (1st = cheapest).93rd of 95
- Sales growth+27.8% against a typical +22.9% from a year earlier.30th of 74
- Share price, 3 months−0.6% against a typical −3.6%.40th of 87
- Size₹ 887.3 Cr. market value against a typical ₹ 116.3 Cr. (1st = largest).14th of 88
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | — | Stable | 24 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 24 Sep 2026 | Reaffirmed | — | — | CRISIL | ₹ 523.9 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 11 Aug 2026 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2026 |
| 13 May 2026 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2026 and dividend |
| 6 Feb 2026 | Financial Results | To consider and approve the financial results for the period ended December 31, 2025 |
| 14 Nov 2025 | Financial Results | ESTER INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 14th November 2025, to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarter and Half Year ended 30th September 2025 |
| 30 Jul 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 21 May 2025 | Financial Results/Dividend | To consider and approve the financial results for the period ended March 31, 2025 and dividend |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 261 | 268 | 277 | 286 | 331 | 346 | 319 | 338 | 354 | 339 | 344 | 432 |
| Expenses | 272 | 287 | 271 | 275 | 291 | 286 | 283 | 318 | 340 | 323 | 302 | 383 |
| Operating Profit | −10 | −20 | 6 | 11 | 40 | 60 | 36 | 20 | 14 | 16 | 42 | 49 |
| OPM % | −3.9% | −7% | 2.2% | 3.9% | 12% | 17% | 11% | 6% | 4% | 4.8% | 12% | 11% |
| Other Income | 10 | 5 | 3 | 6 | 3 | 5 | 3 | 9 | 3 | 5 | 1 | 10 |
| Interest | 18 | 18 | 18 | 17 | 18 | 16 | 16 | 15 | 17 | 16 | 16 | 17 |
| Depreciation | 17 | 17 | 18 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 |
| Profit before tax | −35 | −50 | −27 | −17 | 7 | 31 | 6 | −4 | −17 | −13 | 9 | 24 |
| Tax % | −13% | −10% | −11% | −3% | 55% | 21% | 69% | 88% | −8% | −2% | 17% | 21% |
| Net Profit | −30 | −45 | −24 | −16 | 3 | 25 | 2 | −7 | −16 | −12 | 8 | 19 |
| EPS in Rs | −3.65 | −5.37 | −2.52 | −1.71 | 0.32 | 2.64 | 0.21 | −0.73 | −1.62 | −1.27 | 0.81 | 1.79 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 6%
- 5 Years
- 7%
- 3 Years
- 7%
- TTM
- 10%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −108%
- 10 Years
- 9%
- 5 Years
- −7%
- 3 Years
- 2%
- TTM
- —
- 10 Years
- —
- 5 Years
- 4%
- 3 Years
- −7%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Ester Industries | ₹ 87.00 | ₹ 887 Cr. | 241.4x | 1.1x | −4% | — |
| Supreme Industries | ₹ 3,450.00 | ₹ 43,824 Cr. | 45.6x | 7.1x | 16.1% | 8.5% |
| Astral | ₹ 1,353.00 | ₹ 36,348 Cr. | 66.9x | 9.1x | 14% | 8.1% |
| PG Electroplast | ₹ 472.00 | ₹ 13,535 Cr. | 90.6x | 5.8x | 6.7% | 3.7% |
| Garware Hi-Tech Films | ₹ 7,037.90 | ₹ 16,351 Cr. | 149.7x | 6.1x | 13.5% | 16% |
| Tega Industries | ₹ 1,721.60 | ₹ 12,919 Cr. | 79x | 3.6x | 5.9% | 8.4% |
Management
- Vaibhav Jha
- Chief Executive Officer
- Sourabh Agarwal
- Chief Financial Officer
- Poornima Gupta
- Compliance Officer, Company Secretary
- Pradeep Kumar Rustagi
- Executive Director - Corporate Affairs
- Ayush Vardhan Singhania
- Whole-Time Director
Prices are delayed and for information only. Nothing on this page is investment advice.