ALFA Finder| Management target | Revenue 20.0% FY29 |
|---|
| Revenue growth | 27.4% YoY consolidated revenue growth to ₹441.9 crore. |
|---|---|
| Margins | EBITDA margins expanded to 13.3% from 8.3% YoY. |
| Order book | LOIs from Nike and global sports brands for recycled resin. |
| Demand visibility | Strong domestic and export demand recovery for BOPET films. |
| Management confidence | Confident, highlighting structural tailwinds and recycling segment potential. |
Growth
Consolidated revenue grew 27.4% YoY; EBITDA more than doubled as operating leverage kicked in across segments.
Outlook
Management targets ₹2000-2200cr revenue in 2-3 years and 20% CAGR in Specialty Polymers.
Risks
One-time forex/investment gains (₹10cr) inflated PAT; specialty polymer demand faces temporary pressure in high-margin products.
Last quarter's promises, checked
Delivered
- Guided 20% growth in Specialty Polymers → delivered 21% volume growth (= BEAT)
- Guided ₹85cr debt repayment → delivered ₹100cr planned/on-track (= BEAT)
- Guided BOPET margin recovery → delivered EBITDA margin expansion to 13.3% (= BEAT)
Partly delivered
- Guided ₹70cr total capex → delivered ₹15cr for new projects (= PARTIAL)
Earnings Call Transcript filed with NSE, NSE: ESTER. Summary written with AI assistance from the document.
Ester Industries Ltd: key numbers
- Share price
- ₹88.85
- Market cap
- ₹926.7 Cr
- Revenue (annual)
- ₹1,375 Cr
- Net profit (annual)
- ₹-27.47 Cr
- P/E (TTM)
- 42.3×Sector 46.1×
- Promoter holding
- 62.31%-0.01% QoQ
- FII holding
- 0.12%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Ester Industries Ltd
All →Ester Industries Earnings Call Transcript: Key Takeaways
Consolidated Q2 profit turned positive (₹7.8 Cr vs ₹15.8 Cr loss), driven by film price pass-through. Specialty polymers revenue fell 49%. Working capital rose ₹66.7 Cr and borrowings rose to ₹748.8 Cr.
Ester Industries Results Update
Ester Industries posted Q2FY27 revenue of ₹449 Cr (up 26%) and EBITDA of ₹45 Cr (up 160% Y-o-Y). PAT swung to ₹7.8 Cr profit from a ₹15.8 Cr loss.
Ester Industries Investor Presentation: Key Takeaways
Q2 FY27 consolidated income ₹449 Cr (+25.7%), EBITDA ₹45.1 Cr (+160%), margin 10.0%, PAT ₹7.8 Cr vs prior loss. Film-led recovery; Specialty volumes down.
Ester Industries Other Announcement
Ester Industries filed its quarterly Monitoring Agency report for the convertible-warrants preferential issue. CRISIL confirmed the issue proceeds were utilised as per the offer document with no deviation.
Ester Industries Q2 FY27 Results: Turns Profitable, Net Profit ₹7.8 Cr
Ester Industries Ltd reported revenue from operations of ₹443.8 Cr (+25.3% YoY) and net profit of ₹7.8 Cr for Q2 FY27.
- Key figure
- Net profit ₹7.8 Cr
Ester Industries Board Meeting Date
Ester Industries informs that its Board will meet on 3 Nov 2026 to approve un-audited Q2/H1 results. No financial figures or other decisions are announced at this stage.