Ester Industries
ESTER NSE
Ester Industries
Industrial ProductsNSE: ESTER BSE: 500136 Packaging
Key Fundamentals
MicrocapPackagingIndustrial ProductsMarket Cap
₹931 Cr
Volatility
Moderate
P/E Ratio
-567.3
EBITDA
₹93.03 Cr
Return on Equity
1.77%
Debt to Equity
0.93
Book Value
₹85.21
EPS
₹0
52W High
₹132.45
52W Low
₹68.55
Tapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Stock is trading at 1.12 times its book value
Weaknesses
4- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -0.40%
- The company has delivered a poor sales growth of 6.76% over past five years.
- Company has a low return on equity of -6.50% over last 3 years.
Growth Rate
Revenue Growth
5.87% lower than
3Y
Net Income Growth
-308% lower than
3Y
Cash Flow Change
156% higher than
3Y
ROE
-110% lower than
3Y
ROCE
-244% lower than
3Y
EBITDA Margin (Avg.)
-47.11%
Quarterly Results
| Particulars | Jun 2023 | 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 | 258 | 261 | 268 | 277 | 286 | 331 | 346 | 319 | 338 | 354 | 339 | 344 | 432 |
| Expenses | 257 | 272 | 287 | 271 | 275 | 291 | 286 | 283 | 318 | 340 | 323 | 302 | 383 |
| Operating Profit | 0 | -10 | -20 | 6 | 11 | 40 | 60 | 36 | 20 | 14 | 16 | 42 | 49 |
| OPM % | 0% | -3.9% | -7% | 2.2% | 3.9% | 12% | 17% | 11% | 6% | 4% | 4.8% | 12% | 11% |
| Other Income | 9 | 10 | 5 | 3 | 6 | 3 | 5 | 3 | 9 | 3 | 5 | 1 | 10 |
| Interest | 17 | 18 | 18 | 18 | 17 | 18 | 16 | 16 | 15 | 17 | 16 | 16 | 17 |
| Depreciation | 16 | 17 | 17 | 18 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 |
| PBT | -24 | -35 | -50 | -27 | -17 | 7 | 31 | 6 | -4 | -17 | -13 | 9 | 24 |
| Tax % | -6% | -13% | -10% | -11% | -3% | 55% | 21% | 69% | 88% | -8% | -2% | 17% | 21% |
| Net Profit | -22 | -30 | -45 | -24 | -16 | 3 | 25 | 2 | -7 | -16 | -12 | 8 | 19 |
| EPS in Rs | -2.65 | -3.65 | -5.37 | -2.52 | -1.71 | 0.32 | 2.64 | 0.21 | -0.73 | -1.62 | -1.27 | 0.81 | 1.79 |
Profit & Loss
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 671 | 698 | 884 | 928 | 895 | 768 | 992 | 1,110 | 1,114 | 1,063 | 1,282 | 1,375 | 1,469 |
| Expenses | 448 | 663 | 842 | 853 | 823 | 698 | 760 | 939 | 1,022 | 1,086 | 1,135 | 1,282 | 1,347 |
| Operating Profit | 223 | 35 | 42 | 74 | 72 | 71 | 231 | 171 | 93 | -23 | 147 | 93 | 122 |
| OPM % | 33% | 5% | 4.8% | 8% | 8% | 9% | 23% | 15% | 8% | -2.1% | 12% | 7% | 8% |
| Other Income | 1 | 6 | 5 | 5 | 3 | 5 | 8 | 60 | 137 | 26 | 16 | 18 | 19 |
| Interest | 13 | 35 | 26 | 35 | 37 | 36 | 19 | 25 | 36 | 70 | 67 | 65 | 67 |
| Depreciation | 18 | 27 | 29 | 30 | 32 | 32 | 35 | 37 | 44 | 68 | 69 | 70 | 71 |
| PBT | 193 | -21 | -8 | 14 | 5 | 7 | 185 | 169 | 149 | -135 | 28 | -24 | 3 |
| Tax % | 33% | -34% | -32% | 41% | 21% | 33% | 26% | 19% | 8% | -10% | 51% | 13% | — |
| Net Profit | 129 | -14 | -5 | 8 | 4 | 5 | 137 | 137 | 137 | -121 | 14 | -27 | -2 |
| EPS in Rs | 20.58 | -2.21 | -0.84 | 1.33 | 0.61 | 0.55 | 16.49 | 16.39 | 16.42 | -12.88 | 1.46 | -2.81 | -0.29 |
| Div. Payout % | 19% | 0% | 0% | 38% | 0% | 0% | 21% | 20% | 3% | 0% | 0% | -9% | — |
Balance Sheet
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 42 | 42 | 42 | 42 | 47 | 47 | 49 |
| Reserves | 246 | 232 | 226 | 232 | 241 | 250 | 470 | 580 | 702 | 671 | 726 | 734 |
| Borrowings | 224 | 304 | 335 | 363 | 376 | 316 | 208 | 639 | 816 | 773 | 660 | 729 |
| Other Liabilities | 122 | 60 | 60 | 72 | 67 | 80 | 142 | 168 | 155 | 153 | 140 | 162 |
| Total Liabilities | 623 | 627 | 652 | 698 | 714 | 688 | 862 | 1,428 | 1,715 | 1,643 | 1,573 | 1,674 |
| Fixed Assets | 363 | 350 | 376 | 390 | 399 | 385 | 377 | 390 | 979 | 989 | 977 | 978 |
| CWIP | 5 | 17 | 5 | 18 | 12 | 23 | 76 | 435 | 79 | 83 | 39 | 36 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 154 | 69 | 75 | 78 |
| Other Assets | 254 | 258 | 272 | 290 | 303 | 280 | 407 | 604 | 503 | 502 | 482 | 581 |
| Total Assets | 623 | 627 | 652 | 698 | 714 | 688 | 862 | 1,428 | 1,715 | 1,643 | 1,573 | 1,674 |
Cash Flow
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 83 | 47 | 23 | 52 | 68 | 81 | 146 | 62 | 58 | 44 | 112 | 89 |
| Investing | -222 | -36 | -27 | -57 | -36 | -20 | -147 | -392 | -199 | 42 | -56 | -116 |
| Financing | 140 | -9 | 4 | -2 | -18 | -75 | 3 | 384 | 114 | -14 | -133 | 6 |
| Net Cash Flow | 1 | 3 | 0 | -7 | 14 | -14 | 2 | 54 | -28 | 72 | -77 | -21 |
| Free Cash Flow | -138 | 11 | -14 | -5 | 32 | 58 | 10 | -352 | -198 | -28 | 82 | 27 |
| CFO/OP | 59 | 143 | 54 | 69 | 97 | 117 | 83 | 69 | 73 | -202 | 78 | 101 |
Ratios
| Particulars | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 44 | 45 | 49 | 48 | 53 | 56 | 64 | 50 | 51 | 48 | 49 |
| Inventory Days | 86 | 77 | 69 | 69 | 74 | 96 | 98 | 110 | 88 | 70 | 74 | 86 |
| Days Payable | 67 | 14 | 11 | 11 | 11 | 17 | 27 | 34 | 17 | 31 | 22 | 27 |
| Cash Conversion Cycle | 85 | 107 | 103 | 106 | 111 | 132 | 126 | 139 | 121 | 90 | 101 | 108 |
| Working Capital Days | 38 | 27 | 16 | -4 | -7 | 0 | 51 | 65 | 14 | -25 | 13 | 21 |
| ROCE % | 56% | 3% | 3% | 8% | 7% | 7% | — | 14% | 4% | -5% | 6% | 3% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Ester Industries insights
64 extracted metrics + investor summaries across FY11–FY26.
Documents
1
Board Meeting Intimation for Board Meeting To Be Held On 13Th May 2026
8 May - Board meeting on 13 May 2026 to approve FY26 audited results and consider final dividend. 8 May - Board meeting on 13 May 2026 to approve FY26 audited results and consider final dividend.
2
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
6 May - April 2026 dematerialised share details filed; 500 shares dematerialised via CDSL. 6 May - April 2026 dematerialised share details filed; 500 shares dematerialised via CDSL.
3
Intimation Regarding Second 100 Days Campaign - 'Saksham Niveshak'
30 Apr - Ester launches Saksham Niveshak campaign from 1 Apr to 9 Jul 2026 for unpaid dividends. 30 Apr - Ester launches Saksham Niveshak campaign from 1 Apr to 9 Jul 2026 for unpaid dividends.
4
Intimation Regarding Second 100 Days Campaign - 'Saksham Niveshak'
30 Apr - Ester launches Saksham Niveshak campaign from 1 Apr to 9 Jul 2026 for unpaid dividends. 30 Apr - Ester launches Saksham Niveshak campaign from 1 Apr to 9 Jul 2026 for unpaid dividends.
5
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Apr - Newspaper Advertisement regarding dispatch of Postal Ballot Notice 22 Apr - Newspaper Advertisement regarding dispatch of Postal Ballot Notice
5
Weblink Of Notice Of 40Th Annual General Meeting Along With Annual Report For The Financial Year 2025-26 2 Sept 2026
General_Announcements
Frequently Asked Questions about Ester Industries
What does Ester Industries Ltd do?
Incorporated in 1985, Ester Industries Ltd is a manufacturer of polyester film and engineering plastics.[1]
Where is Ester Industries Ltd (ESTER) listed?
Ester Industries Ltd trades as ESTER on the NSE and under code 500136 on the BSE.
Which sector does Ester Industries Ltd belong to?
Ester Industries Ltd is classified under the Industrial Products sector, in the Packaging industry.
What is the market capitalisation of Ester Industries Ltd?
Ester Industries Ltd has a market capitalisation of ₹931.46 Cr, which places it in the Small Cap band.
What is the PE ratio of Ester Industries Ltd?
Ester Industries Ltd trades at a PE ratio of -567.30, on earnings per share of ₹0, against a book value of ₹85.21 per share.
What is the 52-week high and low of Ester Industries Ltd?
Over the last 52 weeks Ester Industries Ltd has traded between ₹68.55 and ₹132.45.
Does Ester Industries Ltd pay dividends?
Ester Industries Ltd has a dividend yield of 0.28%.
What is the Return on Equity (ROE) of Ester Industries Ltd?
Ester Industries Ltd reported a return on equity of 1.77%. Its debt-to-equity ratio is 0.93.
Company Information
Incorporated in 1985, Ester Industries Ltd is a manufacturer of polyester film and engineering plastics.[1]
Website esterindustries.com
CEO Mr. Arvind Singhania B. Com
Employees 521
Listed 2011-06-20
Face Value ₹ 5
Issued Size 9,75,86,191
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/ESTER.md for Ester Industries Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live,
structured queries instead of documents, use our MCP server.