ESTER INDUSTRIES LTD (ESTER) financials

ESTER INDUSTRIES LTD (ESTER) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Incorporated in 1985, Ester Industries Ltd is a manufacturer of polyester film and engineering plastics.[1]

Market Cap: ₹952Cr.
Current Price: ₹91.2
Stock P/E: 103
ROE: 0.45%
ROCE: 3.41%
Book Value: ₹97.3
Dividend Yield: 0.27%
52W High / Low: ₹122/68.6

In Jun 2026, ESTER INDUSTRIES LTD (ESTER) reported sales ₹339 Cr and net profit ₹15 Cr.

Annual TTM: sales ₹1,105 Cr, net profit ₹9 Cr.

Shareholding: Promoters 62.30% (Sep 2026), FIIs 0.12% (Sep 2026), DIIs 0.15% (Sep 2026), Public 37.42% (Sep 2026), No. of Shareholders 36,857% (Sep 2026).

ESTER quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	298	275	258	279	260	250	256	339
Expenses	266	233	225	253	249	240	232	308
Operating Profit	32	42	33	26	11	10	24	32
OPM %	11%	15%	13%	9%	4.1%	4.2%	10%	9%
Other Income	4	3	3	6	3	4	1	8
Interest	10	8	9	8	10	9	9	9
Depreciation	11	11	11	11	11	11	11	11
Profit before tax	15	25	17	13	-6	-5	6	19
Tax %	24%	26%	26%	26%	-23%	-5%	26%	25%
Net Profit	12	19	12	10	-5	-5	4	15
EPS in Rs	1.24	1.98	1.31	0.99	-0.49	-0.50	0.45	1.39
Raw PDF	—	—	—	—	—	—	—	—

ESTER profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	1,039	992	1,110	1,077	855	1,070	1,045	1,105
Expenses	848	756	937	977	858	951	973	1,028
Operating Profit	191	236	173	101	-3	120	72	77
OPM %	18%	24%	16%	9%	-0.3%	11%	7%	7%
Other Income	7	8	60	142	25	14	14	17
Interest	24	19	25	30	37	36	35	36
Depreciation	35	35	37	39	43	43	43	44
Profit before tax	139	190	171	173	-57	55	8	14
Tax %	28%	25%	19%	7%	-24%	26%	42%	—
Net Profit	100	142	139	161	-43	41	4	9
EPS in Rs	11.93	17.04	16.65	19.31	-4.61	4.31	0.45	0.85
Dividend Payout %	21%	20%	20%	3%	0%	0%	56%	—

ESTER balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	42	42	42	42	42	47	47	49
Reserves	273	366	475	587	733	779	861	901
Borrowings	248	156	208	320	386	367	300	334
Other Liabilities	103	127	139	153	116	99	107	121
Total Liabilities	665	691	864	1,101	1,276	1,292	1,316	1,405
Fixed Assets	387	364	377	388	371	397	406	388
CWIP	3	23	22	19	78	82	39	34
Investments	0	0	98	181	424	442	510	545
Other Assets	275	304	367	513	403	371	360	438
Total Assets	665	691	864	1,101	1,276	1,292	1,316	1,405

ESTER cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	117	172	151	79	138	66	80	53
Cash from Investing Activity	-23	-51	-154	-122	-156	-37	-103	-105
Cash from Financing Activity	-94	-120	3	65	24	43	-54	31
Net Cash Flow	-0	0	0	23	5	72	-77	-21
Free Cash Flow	91	129	105	18	12	9	65	34
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	117%	107%	83%	78%	147%	-2,654%	69%	81%

ESTER shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	62.40%	62.40%	62.73%	62.73%	62.72%	62.72%	62.32%	62.30%
FIIs	0.04%	0.08%	0.17%	0.03%	0.06%	0.05%	0.03%	0.12%
DIIs	0.01%	0.01%	0.01%	0.04%	0.13%	0.16%	0.15%	0.15%
Public	37.55%	37.51%	37.09%	37.19%	37.09%	37.07%	37.49%	37.42%
No. of Shareholders	38,640	37,772	37,681	38,337	37,694	36,924	37,110	36,857

ESTER key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	44	43	56	64	46	46	45	44
Inventory Days	65	65	98	110	73	69	69	84
Days Payable	12	19	27	34	14	22	18	25
Cash Conversion Cycle	97	88	126	140	106	93	96	103
Working Capital Days	10	39	52	65	13	-21	24	20
ROCE %	14%	29%	32%	17%	7%	-3%	7%	3%

ESTERUpdated 17 Oct 2026, 20:57

Ester Industries Ltd

ESTERUpdated 17 Oct 2026, 20:57

Market Cap

₹952Cr.

Current Price

₹91.2

High / Low

₹122/68.6

Stock P/E

103

ROE0.45%

ROCE3.41%

Book Value₹97.3

Face Value₹5.00

Dividend Yield0.27%

About

Incorporated in 1985, Ester Industries Ltd is a manufacturer of polyester film and engineering plastics.[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	198	9	194	8	10	-7	-22	-5	-0.63
Sep 2023	238	10	241	6	10	-17	-26	-13	-1.53
Dec 2023	204	9	212	7	11	-21	-24	-16	-1.93
Mar 2024	216	9	211	4	11	-12	-23	-9	-0.97
Jun 2024	240	9	227	4	11	-3	-21	-2	-0.22
Sep 2024	298	10	266	4	11	15	24	12	1.24
Dec 2024	275	8	233	3	11	25	26	19	1.98
Mar 2025	258	9	225	3	11	17	26	12	1.31
Jun 2025	279	8	253	6	11	13	26	10	0.99
Sep 2025	260	10	249	3	11	-6	-23	-5	-0.49
Dec 2025	250	9	240	4	11	-5	-5	-5	-0.5
Mar 2026	256	9	232	1	11	6	26	4	0.45
Jun 2026	339	9	308	8	11	19	25	15	1.39

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Mar 2015	895	37	823	2	32	5	21	4	0.61
Mar 2016	768	36	696	3	32	7	33	5	0.55
Mar 2017	703	33	660	6	32	-16	-33	-11	-1.28
Mar 2018	807	33	740	5	31	7	29	5	0.63
Mar 2019	1028	34	919	5	32	47	34	31	3.73
Mar 2020	1039	24	848	7	35	139	28	100	11.93
Mar 2021	992	19	756	8	35	190	25	142	17.04
Mar 2022	1110	25	937	60	37	171	19	139	16.65
Mar 2023	1077	30	977	142	39	173	7	161	19.31
Mar 2024	855	37	858	25	43	-57	-24	-43	-4.61
Mar 2025	1070	36	951	14	43	55	26	41	4.31
Mar 2026	1045	35	973	14	43	8	42	4	0.45
TTM	1105	36	1028	17	44	14	—	9	0.85

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	62.3%
FIIs	0.12%
DIIs	0.15%
Public	37.42%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	64.04%	0.03%	0.01%	35.92%
Mar 2024	62.45%	0.04%	0.01%	37.5%
Jun 2024	62.45%	0.03%	0.01%	37.49%
Sep 2024	62.4%	0.1%	0.44%	37.06%
Dec 2024	62.4%	0.04%	0.01%	37.55%
Mar 2025	62.4%	0.08%	0.01%	37.51%
Jun 2025	62.73%	0.17%	0.01%	37.09%
Sep 2025	62.73%	0.03%	0.04%	37.19%
Dec 2025	62.72%	0.06%	0.13%	37.09%
Mar 2026	62.72%	0.05%	0.16%	37.07%
Jun 2026	62.32%	0.03%	0.15%	37.49%
Sep 2026	62.3%	0.12%	0.15%	37.42%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Mar 2015	31	242	376	66	715	399	12	0	304	715
Mar 2016	42	252	316	80	689	385	23	0	280	689
Mar 2017	42	235	310	94	681	416	2	0	263	681
Mar 2018	42	242	307	114	704	399	1	0	304	704
Mar 2019	42	273	248	103	665	387	3	0	275	665
Mar 2020	42	366	156	127	691	364	23	0	304	691
Mar 2021	42	475	208	139	864	377	22	98	367	864
Mar 2022	42	587	320	153	1101	388	19	181	513	1101
Mar 2023	42	733	386	116	1276	371	78	424	403	1276
Mar 2024	47	779	367	99	1292	397	82	442	371	1292
Mar 2025	47	861	300	107	1316	406	39	510	360	1316
Mar 2026	49	901	334	121	1405	388	34	545	438	1405

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Mar 2015	68	-36	-18	14
Mar 2016	81	-20	-75	-14
Mar 2017	50	-11	-38	0
Mar 2018	51	-15	-36	0
Mar 2019	117	-23	-94	0
Mar 2020	172	-51	-120	0
Mar 2021	151	-154	3	0
Mar 2022	79	-122	65	23
Mar 2023	138	-156	24	5
Mar 2024	66	-37	43	72
Mar 2025	80	-103	-54	-77
Mar 2026	53	-105	31	-21

Key ratios

Historical financial ratios

Category	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	48	53	60	67	44	43	56	64	46	46	45	44
Inventory Days	74	96	92	77	65	65	98	110	73	69	69	84
Days Payable	11	18	15	26	12	19	27	34	14	22	18	25
Cash Conversion Cycle	111	131	137	118	97	88	126	140	106	93	96	103
Working Capital Days	-6	0	-16	-22	10	39	52	65	13	-21	24	20
ROCE %	7%	7%	3%	7%	14%	29%	32%	17%	7%	-3%	7%	3%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of ESTER INDUSTRIES LTD (ESTER)?

The reported market capitalisation for ESTER INDUSTRIES LTD (ESTER) is ₹952Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of ESTER?

The current price shown for ESTER INDUSTRIES LTD (ESTER) on Fincrux is ₹91.2 with a 52-week high/low of ₹122/68.6.

What is the P/E ratio of ESTER INDUSTRIES LTD (ESTER)?

The stock P/E for ESTER INDUSTRIES LTD (ESTER) is 103 on Fincrux, with ROE at 0.45% and ROCE at 3.41%.

What were ESTER latest quarterly results?

For Jun 2026, ESTER INDUSTRIES LTD (ESTER) reported sales ₹339 Cr and net profit ₹15 Cr (figures in ₹ crore unless noted).

What are ESTER annual sales and net profit?

For TTM, ESTER INDUSTRIES LTD (ESTER) shows sales of ₹1,105 Cr and net profit of ₹9 Cr on the Fincrux profit & loss statement.

Who owns ESTER INDUSTRIES LTD (ESTER)?

Latest shareholding for ESTER INDUSTRIES LTD (ESTER) on Fincrux: Promoters 62.30% (Sep 2026), FIIs 0.12% (Sep 2026), DIIs 0.15% (Sep 2026), Public 37.42% (Sep 2026), No. of Shareholders 36,857% (Sep 2026).

Where can I find ESTER INDUSTRIES LTD (ESTER) financials?

ESTER INDUSTRIES LTD (ESTER) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show ESTER balance sheet and cash flow?

Yes. The ESTER INDUSTRIES LTD (ESTER) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 17 October 2026 at 20:57