ESTER
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Revenue Mix
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Recent events
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News
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Corporate Actions
Ester Industries Says Joint Venture Awards Detailed Engineering Contract To Toyo
Dec 17 (Reuters) - Ester Industries Ltd ESTR.NS:
JOINT VENTURE AWARDS DETAILED ENGINEERING CONTRACT TO TOYO
Source text: ID:nBSE2VGQQm
Further company coverage: ESTR.NS
(([email protected];))
Dec 17 (Reuters) - Ester Industries Ltd ESTR.NS:
JOINT VENTURE AWARDS DETAILED ENGINEERING CONTRACT TO TOYO
Source text: ID:nBSE2VGQQm
Further company coverage: ESTR.NS
(([email protected];))
Ester Industries JV Elite Buys Land In Gujarat
Sept 3 (Reuters) - Ester Industries Ltd ESTR.NS:
ESTER INDUSTRIES LTD - JV ELITE BUYS LAND IN GUJARAT
ESTER INDUSTRIES LTD - GREENFIELD CHEMICAL RECYCLING PLANT COSTS 16 BILLION RUPEES
Source text: ID:nNSE5L1cSt
Further company coverage: ESTR.NS
(([email protected];))
Sept 3 (Reuters) - Ester Industries Ltd ESTR.NS:
ESTER INDUSTRIES LTD - JV ELITE BUYS LAND IN GUJARAT
ESTER INDUSTRIES LTD - GREENFIELD CHEMICAL RECYCLING PLANT COSTS 16 BILLION RUPEES
Source text: ID:nNSE5L1cSt
Further company coverage: ESTR.NS
(([email protected];))
Ester Industries Names Vaibhav Jha As Deputy CEO
Dec 11 (Reuters) - Ester Industries Ltd ESTR.NS:
ESTER INDUSTRIES LTD. - 500136 - BOARD MEETING OUTCOME FOR APPOINTMENT OF DEPUTY CHIEF EXECUTIVE OFFICER
ESTER INDUSTRIES LTD - NAMES VAIBHAV JHA AS DEPUTY CEO
Source text: ID:nBSEbf8mKc
Further company coverage: ESTR.NS
(([email protected];;))
Dec 11 (Reuters) - Ester Industries Ltd ESTR.NS:
ESTER INDUSTRIES LTD. - 500136 - BOARD MEETING OUTCOME FOR APPOINTMENT OF DEPUTY CHIEF EXECUTIVE OFFICER
ESTER INDUSTRIES LTD - NAMES VAIBHAV JHA AS DEPUTY CEO
Source text: ID:nBSEbf8mKc
Further company coverage: ESTR.NS
(([email protected];;))
India's Ester Industries gains on posting Q2 profit
** Shares of Ester Industries ESTR.NS rise 6% to 167.9 rupees
** The commodity chemicals maker posted a consol net PAT of 30.2 million rupees ($358,287) vs a loss of 304.4 mln rupees a year ago
** Rev from ops surged ~27% to 3.31 bln rupees, owing to strong demand from its core polyester chips and films segment
** More than 1.2 mln shares change hands, 4.3x its 30-day avg
** Stock up ~89% so far this year, eyes best yearly gain since 2020
($1 = 84.2900 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
** Shares of Ester Industries ESTR.NS rise 6% to 167.9 rupees
** The commodity chemicals maker posted a consol net PAT of 30.2 million rupees ($358,287) vs a loss of 304.4 mln rupees a year ago
** Rev from ops surged ~27% to 3.31 bln rupees, owing to strong demand from its core polyester chips and films segment
** More than 1.2 mln shares change hands, 4.3x its 30-day avg
** Stock up ~89% so far this year, eyes best yearly gain since 2020
($1 = 84.2900 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
Ester Industries Says Sept-Quarter Consol Net PAT At 30.2 Million Rupees
Nov 6 (Reuters) - Ester Industries Ltd ESTR.NS:
ESTER INDUSTRIES LTD SEPT-QUARTER CONSOL NET PAT 30.2 MILLION RUPEES
ESTER INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.31 BILLION RUPEES
Source text: ID:nNSE7QypbP
Further company coverage: ESTR.NS
(([email protected];))
Nov 6 (Reuters) - Ester Industries Ltd ESTR.NS:
ESTER INDUSTRIES LTD SEPT-QUARTER CONSOL NET PAT 30.2 MILLION RUPEES
ESTER INDUSTRIES LTD SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 3.31 BILLION RUPEES
Source text: ID:nNSE7QypbP
Further company coverage: ESTR.NS
(([email protected];))
Ester Industries Says Witnessing Recovery In U.S. Markets
May 23 (Reuters) - Ester Industries Ltd ESTR.NS:
WITNESSING RECOVERY IN U.S. MARKETS
EXPECT FY25 TO BE BETTER THAN FY24 IN TERMS OF SALES, PROFITABILITY
Source text for Eikon: ID:nNSE6QqNn2
Further company coverage: ESTR.NS
(([email protected];))
May 23 (Reuters) - Ester Industries Ltd ESTR.NS:
WITNESSING RECOVERY IN U.S. MARKETS
EXPECT FY25 TO BE BETTER THAN FY24 IN TERMS OF SALES, PROFITABILITY
Source text for Eikon: ID:nNSE6QqNn2
Further company coverage: ESTR.NS
(([email protected];))
India's Ester Industries hits near 1-yr high on JV with Loop Industries
** Shares of polyester films and specialty polymers maker Ester Industries ESTR.NS rise as much as 9.3% to 131 rupees, highest since May 26, 2023
** ESTR says it has formed a JV with Loop Industries LOOP.O to build a manufacturing facility in India
** Facility will produce recycled dimethyl terephthalate, recycled mono-ethylene glycol and speciality polymers from waste polyesters, adds ESTR
** Construction of facility is expected to be completed by end of 2026, with commercial operations starting in early 2027
** Stock on track to snap three consecutive sessions of losses, if gains hold
** Trading vol 1.9x 30-day daily avg
** Stock up ~42% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
** Shares of polyester films and specialty polymers maker Ester Industries ESTR.NS rise as much as 9.3% to 131 rupees, highest since May 26, 2023
** ESTR says it has formed a JV with Loop Industries LOOP.O to build a manufacturing facility in India
** Facility will produce recycled dimethyl terephthalate, recycled mono-ethylene glycol and speciality polymers from waste polyesters, adds ESTR
** Construction of facility is expected to be completed by end of 2026, with commercial operations starting in early 2027
** Stock on track to snap three consecutive sessions of losses, if gains hold
** Trading vol 1.9x 30-day daily avg
** Stock up ~42% YTD
(Reporting by Ashish Chandra in Bengaluru)
(([email protected] (+91 7982114624))
India's Ester Industries gains on investment from Varun Beverages' parent
** Shares of Ester Industries ESTR.NS up 12% at 100.15 rupees
** Ester allocates 2.6 mln shares to RJ Corp, parent company of Pepsi India bottler Varun Beverages VARB.NS, for 250 mln rupees
** Polyester films and speciality polymers maker on Wednesday said it raised 999.90 mln rupees ($12.04 mln) from investors, including parent group company Modi Rubber MODI.NS
** ESTR's Q3 loss widened over four-fold on Wednesday
** Including session's gain, ESTR shares up over 12% YTD after losing 32% last year
($1 = 83.0229 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
** Shares of Ester Industries ESTR.NS up 12% at 100.15 rupees
** Ester allocates 2.6 mln shares to RJ Corp, parent company of Pepsi India bottler Varun Beverages VARB.NS, for 250 mln rupees
** Polyester films and speciality polymers maker on Wednesday said it raised 999.90 mln rupees ($12.04 mln) from investors, including parent group company Modi Rubber MODI.NS
** ESTR's Q3 loss widened over four-fold on Wednesday
** Including session's gain, ESTR shares up over 12% YTD after losing 32% last year
($1 = 83.0229 Indian rupees)
(Reporting by Sethuraman NR in Bengaluru)
(([email protected]; (+91 9945291420); Reuters Messaging: [email protected]))
India's Ester Industries Reports Sept-Quarter Loss
Nov 7 (Reuters) - Ester Industries Ltd ESTR.NS:
SEPT-QUARTER CONSOL NET LOSS 304.4 MILLION RUPEES VERSUS PROFIT 1.24 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.61 BILLION RUPEES VERSUS 3.02 BILLION RUPEES
Source text for Eikon: ID:nBSEbbz10j
Further company coverage: ESTR.NS
(([email protected];))
Nov 7 (Reuters) - Ester Industries Ltd ESTR.NS:
SEPT-QUARTER CONSOL NET LOSS 304.4 MILLION RUPEES VERSUS PROFIT 1.24 BILLION RUPEES
SEPT-QUARTER CONSOL REVENUE FROM OPERATIONS 2.61 BILLION RUPEES VERSUS 3.02 BILLION RUPEES
Source text for Eikon: ID:nBSEbbz10j
Further company coverage: ESTR.NS
(([email protected];))
India's Ester Industries Reports Loss For June-Qtr
Aug 11 (Reuters) - Ester Industries Ltd ESTR.NS:
INDIA'S ESTER INDUSTRIES JUNE-QUARTER CONSOL TOTAL NET LOSS 220.6 MILLION RUPEES VERSUS PROFIT 415.7 MILLION RUPEES
ESTER INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.58 BILLION RUPEES VERSUS 3.24 BILLION RUPEES
Source text for Eikon: ID:nBSE76sFBP
Further company coverage: ESTR.NS
(([email protected];;))
Aug 11 (Reuters) - Ester Industries Ltd ESTR.NS:
INDIA'S ESTER INDUSTRIES JUNE-QUARTER CONSOL TOTAL NET LOSS 220.6 MILLION RUPEES VERSUS PROFIT 415.7 MILLION RUPEES
ESTER INDUSTRIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.58 BILLION RUPEES VERSUS 3.24 BILLION RUPEES
Source text for Eikon: ID:nBSE76sFBP
Further company coverage: ESTR.NS
(([email protected];;))
India's Ester Industries Posts March-Quarter Consol Total Net Loss
May 26 (Reuters) - Ester Industries Ltd ESTR.NS:
INDIA'S ESTER INDUSTRIES LTD MARCH-QUARTER CONSOL TOTAL NET LOSS 177.5 MILLION RUPEES VERSUS PROFIT 329.3 MILLION RUPEES
ESTER INDUSTRIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.95 BILLION RUPEES VERSUS 3.03 BILLION RUPEES
Source text for Eikon: ID:nBSE3hZvzv
Further company coverage: ESTR.NS
(([email protected];))
May 26 (Reuters) - Ester Industries Ltd ESTR.NS:
INDIA'S ESTER INDUSTRIES LTD MARCH-QUARTER CONSOL TOTAL NET LOSS 177.5 MILLION RUPEES VERSUS PROFIT 329.3 MILLION RUPEES
ESTER INDUSTRIES LTD MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 2.95 BILLION RUPEES VERSUS 3.03 BILLION RUPEES
Source text for Eikon: ID:nBSE3hZvzv
Further company coverage: ESTR.NS
(([email protected];))
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Popular questions
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What does Ester Inds do?
Ester Industries Ltd specializes in producing and marketing a wide range of polyester films and engineering plastics for various industries, including packaging and high-performance films.
Who are the competitors of Ester Inds?
Ester Inds major competitors are Ganesha Ecosphere, Cosmic CRF, Agarwal Indl. Corp, Indian Toners & Dev, Caprihans India, Panama Petrochem, Thirumalai Chemicals. Market Cap of Ester Inds is ₹920 Crs. While the median market cap of its peers are ₹1,009 Crs.
Is Ester Inds financially stable compared to its competitors?
Ester Inds seems to be less financially stable compared to its competitors. Altman Z score of Ester Inds is 1.95 and is ranked 6 out of its 8 competitors.
Does Ester Inds pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Ester Inds latest dividend payout ratio is 41.19% and 3yr average dividend payout ratio is 22.12%
How has Ester Inds allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Ester Inds balance sheet?
Balance sheet of Ester Inds is moderately strong.
Is the profitablity of Ester Inds improving?
The profit is oscillating. The profit of Ester Inds is ₹4.98 Crs for TTM, ₹13.7 Crs for Mar 2025 and -₹121.05 Crs for Mar 2024.
Is the debt of Ester Inds increasing or decreasing?
Yes, The net debt of Ester Inds is increasing. Latest net debt of Ester Inds is ₹624 Crs as of Sep-25. This is greater than Mar-25 when it was ₹524 Crs.
Is Ester Inds stock expensive?
Ester Inds is expensive when considering the PE ratio, however latest EV/EBIDTA is < 3 yr avg EV/EBIDTA. Latest PE of Ester Inds is 239, while 3 year average PE is 20.65. Also latest EV/EBITDA of Ester Inds is 11.72 while 3yr average is 13.38.
Has the share price of Ester Inds grown faster than its competition?
Ester Inds has given better returns compared to its competitors. Ester Inds has grown at ~-2.98% over the last 2yrs while peers have grown at a median rate of -12.89%
Is the promoter bullish about Ester Inds?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Ester Inds is 62.71% and last quarter promoter holding is 62.73%
Are mutual funds buying/selling Ester Inds?
The mutual fund holding of Ester Inds is stable. The current mutual fund holding in Ester Inds is 0.01% while previous quarter holding is 0.01%.
