Ester Industries financials

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Latest results Q1 FY27 · Apr–Jun 2026
Revenue
₹432cr+27.8% on Q1 FY26
Net profit
₹18.6cr−₹7.2 cr in Q1 FY26
EBITDA margin
11.5%+5.4 pts on Q1 FY26
EPS
₹1.84−₹0.74 in Q1 FY26

Quarterly results

Every quarter ›
₹ croreQ1 FY27Q1 FY26Change
Revenue432338+27.8%
EBITDA49.620.5+141.7%
EBITDA margin11.5%6.1%+5.4 pts
Profit before tax23.5−3.8—
Net profit18.6−7.2—
EPS₹1.84−₹0.74—

Over time

Q1 FY27 · Apr–Jun 2026latest
Revenue₹432 crNet profit₹18.6 crNet margin4.3%

Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.

Key numbersby financial year

₹ crore except per share
Tap a line for its trendCurrentlast 12MFY26Mar 2026FY25Mar 2025FY24Mar 2024FY23Mar 2023FY22 and earlierAlpha Plus
867————
FY22 and earlierEvery year the company has filed comes with Alpha Plus.
55.755.780.6169182
729729660773816
1,541————
1,4691,3751,2821,0631,114
—+7.3%+20.6%−4.5%—
12494.5147−23.691.8
8.4%6.9%11.5%−2.2%8.2%
52.724.678.4−91.747.8
−1.7−27.513.7−121137
−0.1%−2.0%1.1%−11.4%12.3%
−₹0.17−₹2.82₹1.40−₹12.40₹14.03
—−300.5%+111.3%−188.4%—
—88.511243.857.7
—−61.4−31.0−73.5−257
27.127.181.2−29.7−199
Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

ESTER₹88.89

Ester Industries Limited

· Others
₹ CrorePeersDVLORICONENTCOMSYNKANPRPLANAHARPOLYPYRAMIDTPLPLASTEHSHREERAMAMcap ₹867 Cr
HighlightsEnterprise ValueMultiplesPer ShareAnnuals · FY-end closes
In ₹ Crore except Per Share
12 Months Ending
FY23
31/03/2023
FY24
31/03/2024
FY25
31/03/2025
FY26
31/03/2026
Current/LTM
TTM · last close
Market Capitalization————867.4
- Cash, Equiv & ST Investments182.3169.280.655.755.7
+ Total Debt815.7772.5660.2729.0729.0
Enterprise Value————1,540.7
Revenue1,114.11,063.41,282.11,375.21,469.1
Growth %, YoY—-4.5+20.6+7.3—
EBITDA91.8-23.6147.294.5123.6
Margin %8.24-2.2211.486.878.41
EBIT47.8-91.778.424.652.7
Net Income136.9-121.013.7-27.5-1.7
Margin %12.29-11.381.07-2.00-0.12
EPS, Adj (current shares)14.03-12.401.40-2.82-0.17
Growth %, YoY—-188.4+111.3-300.5—
Cash from Operations57.743.8112.288.5—
Capital Expenditures-256.6-73.5-31.0-61.4—
Free Cash Flow-198.9-29.781.227.127.1
Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.
« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave
Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.

Ester Industries financials and key ratios

Prices at the 30 October 2026 close · figures from the company's filings with NSE

Ester Industries (NSE: ESTER) had a market capitalisation of ₹922 crore at the 30 October 2026 close (₹88.38 a share) and a price-to-book ratio of 1.18. In FY26 its consolidated net loss was ₹27.5 crore on revenue of ₹1,375 crore; in Q1 FY27 (April–June 2026) it was ₹18.6 crore. Its debt-to-equity ratio was 0.93 on 31 March 2026. Promoters held 62.31% of the shares on 30 September 2026.

Share price used
₹88.38 · 30 October 2026 close
Latest balance sheet
31 March 2026
Shareholding pattern
30 September 2026

Ester Industries at a glance · consolidated

Market cap
₹922 Crat ₹88.38 · 30 Oct close
PE ratio
n/aloss over the last 4 quarters
Price to book (PB)
1.18book value ₹75.05 a share
ROE (FY26)
−3.5%−5.4 pts vs FY25ROCE 2.0%
Debt to equity
0.93net debt ₹570 Cr
Promoter holding
62.31%unchanged vs 30 Jun 202630 September 2026
Dividend yield
0.28%₹0.25 a share in 12 months
Net worth
₹783 Cr+1.3% vs 31 Mar 202531 March 2026
Free cash flow (FY26)
₹27.1 Cr−66.6% vs FY25

Questions

What is the Ester Industries PE ratio today?

Ester Industries' PE ratio is not meaningful at the 30 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹1.7 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹922 crore at ₹88.38 a share.

What is the Ester Industries PB ratio (price to book value)?

Ester Industries' price-to-book (PB) ratio is 1.18 at the 30 October 2026 close: a market capitalisation of ₹922 crore divided by shareholders' equity (book value) of ₹783 crore on 31 March 2026. That is a book value of ₹75.05 per share against a share price of ₹88.38.

What is the Ester Industries book value per share?

Ester Industries' book value per share was ₹75.05 on 31 March 2026: shareholders' equity of ₹783 crore divided by the 10.43 crore shares in issue, down 8.6% from ₹82.15 a year earlier. The share price at the 30 October 2026 close was ₹88.38.

What is the Ester Industries market cap?

Ester Industries' market capitalisation was ₹922 crore at the 30 October 2026 close: 10.43 crore shares at ₹88.38 each.

What is the Ester Industries EPS?

Ester Industries' basic earnings per share (EPS) were −₹2.82 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹0.24.

What is the Ester Industries dividend in 2026 and its record date?

In 2026, Ester Industries has declared one dividend: ₹0.25 with record date 17 September 2026.

Is Ester Industries debt free?

No. Ester Industries had borrowings of ₹729 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.93. Its cash and current investments were ₹159 crore, so its net debt was ₹570 crore.

What is the Ester Industries debt to equity ratio?

Ester Industries' debt-to-equity ratio was 0.93 on 31 March 2026: borrowings of ₹729 crore against total equity of ₹783 crore. A year earlier, on 31 March 2025, it was 0.85.

What is the Ester Industries net worth?

Ester Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹783 crore on 31 March 2026, up 1.3% from ₹773 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹922 crore at the 30 October 2026 close.

What is the Ester Industries ROE and ROCE?

In FY26, Ester Industries' return on equity (ROE) was −3.5% and its return on capital employed (ROCE) was 2.0%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 1.8% and ROCE 6.4%.

What is the Ester Industries shareholding pattern?

On 30 September 2026, Ester Industries' shares were held by promoters 62.31%, foreign portfolio investors (FII/FPI) 0.12%, domestic institutions (DII) 0.16% (including mutual funds at 0.01%) and retail and other non-institutional investors 37.42%. Over the year, FII holding was up 0.09 percentage points from 0.03% and DII holding was up 0.11 percentage points from 0.05%.

What are the Ester Industries latest quarterly results?

Ester Industries' latest results are for Q1 FY27 (April–June 2026), filed on 11 August 2026: consolidated net profit ₹18.6 crore, against a loss of ₹7.2 crore in Q1 FY26; revenue from operations ₹432 crore, up 27.8% year on year.

What is the Ester Industries dividend yield?

Ester Industries' dividend yield is 0.28% at the 30 October 2026 close: dividends of ₹0.25 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹88.38. They were ₹0.25 on 17 September 2026.

What is the Ester Industries promoter holding?

Promoters held 62.31% of Ester Industries on 30 September 2026, down 0.01 percentage points from 62.32% the previous quarter and down 0.42 percentage points from 62.73% a year earlier, according to the shareholding pattern filed with NSE.

What is the Ester Industries free cash flow?

In FY26, Ester Industries generated ₹88.5 crore of cash from operations and spent ₹61.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹27.1 crore. In FY25 it was ₹81.2 crore.

What is the Ester Industries revenue and profit in FY26?

In FY26 (April 2025–March 2026), Ester Industries' consolidated net loss was ₹27.5 crore, against a profit of ₹13.7 crore in FY25, on revenue from operations of ₹1,375 crore (up 7.3%).

When are the Ester Industries next results?

Ester Industries will announce its Q2 FY27 results (July–September 2026) on Tuesday, 3 November 2026, the date of the board meeting it has notified to the exchanges.

How does Ester Industries compare with its peers?

On FY26 consolidated figures, against Dhunseri Ventures, Oricon Enterprises and Commercial Syn Bags: Ester Industries' operating margin of 1.8% is the second highest of the four (Dhunseri Ventures −23.6%, Oricon Enterprises −119.6%, Commercial Syn Bags 9.6%; peer average −44.5%); its return on equity of −3.5% is the lowest of the four (Dhunseri Ventures 4.8%, Oricon Enterprises 2.1%, Commercial Syn Bags 16.1%; peer average 7.7%).

Ester Industries vs Dhunseri Ventures: how do they compare?

In FY26, Ester Industries earned net profit of ₹27.5 crore on revenue of ₹1,375 crore, against ₹91 crore on ₹372 crore for Dhunseri Ventures. Ester Industries' operating margin was 1.8% (Dhunseri Ventures −23.6%) and its return on equity −3.5% (Dhunseri Ventures 4.8%). At the 30 October 2026 close, Ester Industries' market capitalisation was ₹922 crore against ₹937 crore for Dhunseri Ventures.

Where do these Ester Industries figures come from?

From Ester Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.

Consolidated figures from the company's filings with NSE; prices are NSE closing prices.