| Revenue growth | Consolidated income +25.7% YoY in Q2; +26.5% in H1 |
|---|---|
| Margins | EBITDA margin 10.0% vs 4.9% YoY; value-added mix driving |
| Demand visibility | Film demand stable; marquee Specialty product demand eroded |
| Management confidence | Confident on medium-long term; geopolitics flagged as uncertainty |
Growth
Films revenue +39.6% to ₹414.5 Cr; rPET +51% to ₹18.4 Cr; Specialty Polymer revenue −49% to ₹29.3 Cr.
Outlook
No quantified guidance. Targets: value-added share ~35% by Q4FY27; ELITE rPET JV plant by CY2028; land acquisition by Q4FY27.
Risks
West Asia crude disruption raising freight costs and working capital; pricing visibility weak; a marquee Specialty product's demand eroded.
Last quarter's promises, checked
Partly delivered
- Specialty EBIT margin to normalise from 45.3% → 33.9% Q2 (= PARTIAL; absolute EBIT growth unverifiable)
Missed
- Specialty flat/single-digit FY27 growth, recovery by exit qtr → Q2 revenue ₹29.3 Cr, −49% YoY (= MISS)
- ELITe land acquisition within ~2 months of 18 Aug → now by Q4FY27 (= MISS)
- Margins to stay steady/improve → consolidated EBITDA margin 13.3% Q1 → 10.0% Q2 (= MISS)
Investor Presentation filed with NSE, NSE: ESTER. Summary written with AI assistance from the document.
Ester Industries Ltd: key numbers
- Share price
- ₹88.41
- Market cap
- ₹922.1 Cr
- Revenue (annual)
- ₹1,375 Cr
- Net profit (annual)
- ₹-27.47 Cr
- P/E (TTM)
- 42.1×Sector 45.0×
- 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 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 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.
Ester Industries Other Announcement
Ester Industries Ltd filed its quarterly shareholding pattern for the period ended September 30, 2026, as per SEBI regulations.
Ester Industries Promoter Selling: ₹3.35 Cr
Modi Rubber Limited, part of the promoter group of Ester Industries Ltd, sold 3,30,112 shares. The open market transaction was valued at approximately ₹3.35 Crore.
- Value
- ₹3.35 Cr