---
title: "Amtech Esters Ltd (544920) — Share Price, Financials & Analysis"
symbol: "544920"
company: "Amtech Esters Ltd"
canonical: "https://tapetide.com/stocks/544920"
bse_code: "544920"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-10-13T11:00:07.247Z"
---

# Amtech Esters Ltd (544920)

Canonical page: https://tapetide.com/stocks/544920

## Company

- **BSE Code:** 544920
- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** amtechesters.com

## About

Incorporated in May 2002, Amtech 
Esters Limited is a B2B chemical 
manufacturing company engaged 
in manufacturing of Unsaturated 
Polyester Resins (UPR) and trading complementary products used 
across the resin and FRP value 
chain.[1]

## Latest Price

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -23% | 114% |
| revenue growth | 35% | 12% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- |
| Sales | 21.52 | 22.23 | 22.33 | 30.06 |
| Expenses | 21.2 | 21.35 | 21.28 | 26.77 |
| Operating Profit | 0.32 | 0.88 | 1.05 | 3.29 |
| OPM % | 1.49 | 3.96 | 4.7 | 10.94 |
| Other Income | 0.55 | 0.11 | 2.51 | 0.07 |
| Interest | 0.07 | 0.13 | 0.43 | 0.45 |
| Depreciation | 0.09 | 0.12 | 0.14 | 0.19 |
| Profit before tax | 0.71 | 0.74 | 2.99 | 2.72 |
| Tax % | 14.08 | 25.68 | 14.38 | 27.21 |
| Net Profit | 0.62 | 0.56 | 2.56 | 1.97 |
| EPS in Rs | 35.43 | 6.95 | 7.94 | 6.11 |
| Dividend Payout % | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- |
| Equity Capital | 0.18 | 0.81 | — | — |
| Reserves | 5.77 | 8.22 | — | — |
| Borrowings | 1.13 | 1.01 | — | — |
| Other Liabilities | 4.09 | 2.69 | — | — |
| Total Liabilities | 11.17 | 12.73 | — | — |
| Fixed Assets | 0.52 | 0.69 | — | — |
| CWIP | 0 | 0 | — | — |
| Investments | 5.06 | 4.81 | — | — |
| Other Assets | 5.59 | 7.23 | — | — |
| Total Assets | 11.17 | 12.73 | — | — |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- |
| Cash from Operating Activity | 2.79 | -2.3 | 9.13 | 0.9 |
| Cash from Investing Activity | -3.44 | 0.02 | -6.78 | -0.3 |
| Cash from Financing Activity | 0.63 | 2.27 | -0.63 | -0.68 |
| Net Cash Flow | -0.02 | -0.01 | 1.73 | -0.07 |
| Free Cash Flow | 2.75 | -2.6 | 9.36 | -0.26 |
| CFO/OP | 953 | -227 | 847 | 18 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- |
| Debtor Days | 57.5 | 54.68 | — | — |
| Inventory Days | 30.23 | 32.62 | — | — |
| Days Payable | 78.43 | 45.15 | — | — |
| Cash Conversion Cycle | 9.29 | 42.14 | — | — |
| Working Capital Days | 16.79 | 65.35 | — | — |
| ROCE % | — | 10.05 | — | — |

## Shareholding Pattern

### annual

| Category | Sep 2026 |
| --- | --- |
| Promoters | 45.52% |
| DIIs | 14.15% |
| Public | 40.33% |
| No. of Shareholders | 380 |

### Quarterly

| Category | Sep 2026 |
| --- | --- |
| Promoters | 45.52% |
| DIIs | 14.15% |
| Public | 40.33% |
| No. of Shareholders | 380 |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2026-10-08 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=53a840fb-081e-48f5-aea5-e83116e8655a.pdf) |
| 2026-10-03 | [Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Commencement Of Trial Production At New Manufacturing Plant At Asoda, Haryana](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=34596292-9aee-409a-b5ac-8642dc56c239.pdf) |
| 2026-09-28 | [Board Meeting Outcome for Outcome Of Board Meeting Held On Monday, September 28, 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fa51e367-85ec-44f0-a00f-c138bfda0ce8.pdf) |
| 2026-09-28 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d4abd151-6f01-4f06-b1d5-dbe2147a1c8a.pdf) |
| 2026-09-28 | [Announcement under Regulation 30 (LODR)-Resignation of Director](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a450460a-c244-44e2-9754-785ffe3d34e9.pdf) |
| 2026-09-28 | [Revised Outcome Of Meeting Of Board Held On September 28, 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f2f9c20a-f186-4c44-bf7c-132a9890a9eb.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:00:07.247Z.