| Management target | Revenue 20.0% 3-5 years |
|---|
| Revenue growth | 27.4% YoY Consolidated; 22% YoY Standalone. |
|---|---|
| Margins | EBITDA margin improved significantly to 13.3% from 8.35% YoY. |
| Order book | ELITe project secured LOI for 15,000 MT per annum offtake. |
| Demand visibility | High for rPET/Value-Added films due to PWMR and brand commitments. |
| Management confidence | Strong; confidence in momentum following significant financial turnaround. |
Growth
Consolidated income grew 27.4% YoY to ₹441.9 Cr. EBITDA surged 103.4% YoY to ₹58.9 Cr, while EBITDA margin expanded 500 bps to 13.3%.
Outlook
Targeting 35% Value-Added Product share by Q4 FY27 and 50% over 2-3 years. Specialty Polymer revenue growth target of 20% CAGR.
Risks
Specialty Polymers revenue declined 31.9% due to lower volumes, though EBIT margins remained resilient at 45.3%.
Last quarter's promises, checked
Delivered
- Guided 20% Specialty Polymer growth → delivered 21% (FY26) (= BEAT)
- Targeted 20,000 MT rPET capacity → commissioned Hyderabad extruder (= BEAT)
- Guided improved margin profile → EBITDA margin 8.35% to 13.3% (= BEAT)
Partly delivered
- Targeted 60% VAS share in 2-3 years → delivered 25% (FY26) (= PARTIAL)
Missed
- Guided 20% Specialty Polymer annual growth → delivered -31.9% YoY in Q1 FY27 (= MISS)
Investor Presentation filed with NSE, NSE: ESTER. Summary written with AI assistance from the document.
Ester Industries Ltd: key numbers
- Share price
- ₹86.14
- Market cap
- ₹898.4 Cr
- Revenue (annual)
- ₹1,375 Cr
- Net profit (annual)
- ₹-27.47 Cr
- P/E (TTM)
- -529.1×Sector 41.4×
- Promoter holding
- 62.32%-0.39% QoQ
- FII holding
- 0.03%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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Ester Industries Investor Presentation: Key Takeaways
Ester Industries reported strong Q1 FY27 results with consolidated revenue up 27.4% and EBITDA surging 103.4% YoY. Strategy focuses on high-margin specialty polymers and VAS films.
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Ester Industries Earnings Call Transcript: Key Takeaways
Ester Industries returned to profitability in Q1 FY27, driven by a recovery in BOPET film spreads and high capacity utilization.
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