Ester Industries

Why is Ester Industries Ltd falling/rising?

As of 11-Jun, Ester Industries Ltd is facing a significant decline in its stock price, currently at Rs 85.10, down 2.42%. The stock has underperformed over various time frames, with a year-to-date drop of 16.61% and a 38.11% decline over the past year, compounded by decreasing investor participation.

As of 11-Jun, Ester Industries Ltd is experiencing a decline in its stock price, currently at Rs 85.10, which reflects a decrease of Rs 2.11 or 2.42%. The stock has been underperforming significantly, with a consecutive fall over the last four days, resulting in a total decline of 7.21% during this period. <BR><BR>In terms of broader performance, the stock has shown negative returns across various time frames, including a 1-week decline of 6.92% and a 1-month drop of 15.27%. Year-to-date, the stock is down 16.61%, and over the past year, it has fallen by 38.11%. Comparatively, the Sensex has not experienced such steep declines, with only a 0.71% drop over the past week and a 2.87% decline over the past month.<BR><BR>Today's trading activity indicates that the stock is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Additionally, investor participation appears to be declining, with delivery volume dropping by 18.97% compared to the 5-day average. This lack of interest may further contribute to the stock's downward pressure.<BR><BR>Overall, the combination of consecutive price declines, underperformance relative to the sector, and decreasing investor participation are key factors contributing to the falling stock price of Ester Industries Ltd.

Which are the latest news on Ester Industries?

How big is Ester Industries?

As of 10th June, Ester Industries Ltd has a market capitalization of 866.00 Cr and reported net sales of 1375.19 Cr with a net loss of 27.48 Cr over the last four quarters. Shareholder's funds are valued at 772.52 Cr, and total assets amount to 1,572.91 Cr.

As of 10th June, <BR><BR>Market Cap: Ester Industries Ltd has a market capitalization of 866.00 Cr and is classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 1375.19 Cr, while the sum of Net Profit for the same period shows a loss of 27.48 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds are valued at 772.52 Cr, and Total Assets amount to 1,572.91 Cr.

Who are in the management team of Ester Industries?

The management team of Ester Industries includes Arvind Singhania (Chairman & CEO), Pradeep Kumar Rustagi (Executive Director), and several independent directors such as A K Newatia and M S Ramachandran, among others, contributing diverse expertise to the company's governance.

The management team of Ester Industries includes the following key members:<BR><BR>1. **Arvind Singhania** - Chairman & CEO<BR>2. **A K Newatia** - Independent Director<BR>3. **M S Ramachandran** - Independent Director<BR>4. **Anand C Burman** - Independent Director<BR>5. **P S Dasgupta** - Independent Director<BR>6. **Pradeep Kumar Rustagi** - Executive Director<BR>7. **Archana Singhania** - Director<BR>8. **Sandeep Dinodia** - Independent Director<BR>9. **Padmaja Shailen Ruparel** - Independent Director<BR>10. **Ayush Vardhan Singhania** - Whole-time Director<BR>11. **Poornima Gupta** - Company Secretary & Compliance Officer<BR><BR>This team brings a diverse range of expertise to the company, contributing to its strategic direction and governance.

Who are the peers of the Ester Industries?

Ester Industries' peers include Mold-Tek Pack, Cosmo First, Huhtamaki India, Arrow Greentech, and others. Ester Industries has below-average management risk and growth, with a 1-year return of -36.59%, higher than Cosmo First but lower than its other peers.

Peers: The peers of Ester Industries are Mold-Tek Pack., Cosmo First, Huhtamaki India, Arrow Greentech, Oricon Enterpris, Commerl. Synbags, Haldyn Glass, Subam Papers, and Nahar Poly.<BR><BR>Quality Snapshot: Excellent management risk is observed at Mold-Tek Pack. and Arrow Greentech, while Average management risk is found at Cosmo First, Huhtamaki India, Oricon Enterpris, Commerl. Synbags, Haldyn Glass, Nahar Poly, and the rest. Below Average management risk is noted for Ester Industries and Subam Papers. Growth is Excellent at Arrow Greentech, while Below Average growth is seen at Mold-Tek Pack., Cosmo First, Huhtamaki India, Oricon Enterpris, Commerl. Synbags, and Nahar Poly, with Ester Industries and Subam Papers showing Below Average growth, and the rest exhibiting Good growth. Capital Structure is Excellent at Mold-Tek Pack. and Arrow Greentech, Good at Huhtamaki India and Haldyn Glass, Average at Cosmo First and Nahar Poly, and Below Average at Ester Industries, Oricon Enterpris, Commerl. Synbags, and Subam Papers.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Subam Papers at 163.41%, while the lowest is Cosmo First at -40.85%. Ester Industries has a 1-year return of -36.59%, which is higher than Cosmo First but lower than all other peers. Additionally, the six-month return is negative for Ester Industries, Huhtamaki India, Nahar Poly, and Pyramid Technopl.

What does Ester Industries do?

Ester Industries Ltd is a manufacturer of PET Film and Engineering Plastics, with a market cap of INR 866 Cr and reported net sales of 344 Cr and net profit of 8 Cr for the quarter ending March 2026. The company has been operational since 1985 and operates within the Micro Cap category of the Packaging industry.

Overview: <BR>Ester Industries Ltd is a manufacturer of PET Film and Engineering Plastics, operating within the Micro Cap category of the Packaging industry.<BR><BR>History: <BR>Incorporated in February 1985, Ester Industries Ltd has maintained its operations in the manufacturing sector. The latest quarterly results reported net sales and profit for the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Net Sales: 344 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 8 Cr (Quarterly Results - Mar 2026) <BR>Market cap: INR 866 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 36 <BR>Dividend Yield: 0.68% <BR>Debt Equity: 0.73 <BR>Return on Equity: -3.51% <BR>Price to Book: 1.10<BR><BR>Contact Details: <BR>Address: Sohan Nagar P O Charubeta, Udham Singh Nagar Khatima UTT : 262308 <BR>Tel: 91-5943-250153-57 <BR>Email: shares.deptt@ester.in <BR>Website: http://www.esterindustries.com

Are Ester Industries Ltd latest results good or bad?

Ester Industries Ltd's latest Q4 FY25 results show a positive turnaround with a net profit of ₹7.87 crore, up from a loss in the previous quarter, and improved operating margins. However, concerns remain due to margin volatility and a low return on equity, indicating challenges ahead despite the recovery.

Ester Industries Ltd's latest results for Q4 FY25 can be considered a positive turnaround compared to previous quarters. The company reported a net profit of ₹7.87 crore, a significant improvement from a loss of ₹12.41 crore in Q3 FY25, representing a 163.42% increase quarter-on-quarter. Year-on-year, the net profit also shows a remarkable growth of 301.53% compared to ₹1.96 crore in Q4 FY24.<BR><BR>Additionally, net sales increased by 1.43% from the previous quarter, reaching ₹343.82 crore, and operating margins improved to 12.30%, up from 4.93% in the prior quarter. This recovery in profitability and margins is encouraging, especially after a challenging fiscal year where the company faced structural issues.<BR><BR>However, despite these positive results, there are underlying concerns. The company has struggled with margin volatility and has a low return on equity (ROE) of just 0.48%. Furthermore, it has underperformed the packaging sector overall, with a stock price decline of 21.63% over the past year.<BR><BR>In summary, while the latest results indicate a recovery and are a step in the right direction, the company still faces significant challenges that investors should consider. The sustainability of this turnaround will be crucial in determining its future performance.

Should I buy, sell or hold Ester Industries Ltd?

Is Ester Industries technically bullish or bearish?

As of December 4, 2025, Ester Industries is in a bearish trend, supported by bearish MACD indicators, moving averages, and a monthly outlook, despite a mildly bullish KST signal on the weekly chart.

As of 4 December 2025, the technical trend for Ester Industries has changed from mildly bearish to bearish. The current stance is bearish, with key indicators supporting this view. Both the weekly and monthly MACD are bearish, and the daily moving averages confirm a bearish trend. The Bollinger Bands show a sideways movement on the weekly chart but are bearish on the monthly. Although the KST indicates a mildly bullish signal on the weekly timeframe, the overall monthly outlook remains bearish. The lack of significant signals from the RSI and the absence of trends in OBV further reinforce the bearish sentiment.

Is Ester Industries overvalued or undervalued?

As of November 17, 2025, Ester Industries is considered undervalued with an attractive valuation grade, despite a high PE Ratio of 264.55, compared to industry peers, and has underperformed the Sensex with a year-to-date return of -31.69%.

As of 17 November 2025, Ester Industries' valuation grade has moved from fair to attractive, indicating a more favorable assessment of its worth. The company appears to be undervalued given its current metrics, particularly with a PE Ratio of 264.55, an EV to EBITDA of 12.00, and a Price to Book Value of 1.28. These ratios suggest that despite the high PE, the overall valuation may not reflect the company's potential compared to its peers.<BR><BR>In comparison to its industry, Ester Industries stands out with a significantly higher PE Ratio than competitors like Finolex Industries, which has a PE of 24.16, and Time Technoplast at 23.82. The PEG Ratio of 2.53 also indicates that while growth expectations are factored in, the current valuation may still provide an attractive entry point for investors. Recent stock performance has lagged behind the Sensex, with a year-to-date return of -31.69% compared to the Sensex's 8.72%, reinforcing the notion that the stock may be undervalued in the current market environment.

How has been the historical performance of Ester Industries?

Ester Industries showed a significant recovery in its financial performance for the fiscal year ending March 2025, with net sales increasing to 1,282.14 Cr and a profit after tax of 13.90 Cr, compared to losses in the previous year. Key metrics improved, including operating profit of 164.09 Cr and earnings per share of 1.46, despite a decrease in total assets and liabilities.

Answer:<BR>The historical performance of Ester Industries shows a fluctuating trend in key financial metrics over the years, with significant changes noted particularly in the most recent fiscal year ending March 2025.<BR><BR>Breakdown:<BR>Ester Industries reported net sales of 1,282.14 Cr in March 2025, a notable increase from 1,063.45 Cr in March 2024 and 1,114.14 Cr in March 2023. The total operating income for March 2025 was also 1,282.14 Cr, reflecting the same upward trend. However, the total expenditure, excluding depreciation, rose to 1,134.95 Cr in March 2025 from 1,087.07 Cr in March 2024. This resulted in an operating profit (PBDIT) of 164.09 Cr for March 2025, recovering from a loss of 23.62 Cr in the previous year. The profit before tax for March 2025 was 28.01 Cr, a recovery from a loss of 135.00 Cr in March 2024, leading to a profit after tax of 13.90 Cr compared to a loss of 121.05 Cr in the prior year. The consolidated net profit for March 2025 was 13.70 Cr, a significant improvement from the previous year's loss. The earnings per share (EPS) for March 2025 stood at 1.46, recovering from a negative EPS of -12.88 in March 2024. On the balance sheet, total liabilities decreased to 1,572.91 Cr in March 2025 from 1,643.06 Cr in March 2024, while total assets also decreased to 1,572.91 Cr from 1,643.06 Cr. The cash flow from operating activities improved to 112.00 Cr in March 2025, up from 43.00 Cr in March 2024, although the net cash outflow was recorded at -77.00 Cr in March 2025. Overall, Ester Industries demonstrated a recovery in its financial performance in March 2025 after a challenging previous year.

Who are the top shareholders of the Ester Industries?

The top shareholders of Ester Industries include Wilemina Finance Corporation with 50.54%, Vettel International Limited with 8.29%, and individual investors holding 21.39%. There are also 8 foreign institutional investors with 0.05% and one mutual fund with 0.01%, with no pledged promoter holdings reported.

The top shareholders of Ester Industries include the promoters, with Wilemina Finance Corporation holding the largest stake at 50.54%. Other significant shareholders are Vettel International Limited, which holds 8.29%, and individual investors who collectively own 21.39% of the company. Additionally, there are 8 foreign institutional investors (FIIs) holding 0.05% and one mutual fund scheme with a stake of 0.01%. There are no pledged promoter holdings reported.

When is the next results date for Ester Industries?

No Upcoming Board Meetings

Has Ester Industries declared dividend?

Ester Industries Ltd has declared a 10% dividend with an ex-date of September 20, 2023, but the dividend yield is 0%. Total returns vary, showing significant long-term gains, particularly a 299.71% return over the last 5 years, despite recent negative performance in shorter periods.

Ester Industries Ltd has declared a 10% dividend, ex-date: 20 Sep 23.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Ex-date: 20 Sep 2023<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -11.6%, the dividend return was 0%, resulting in a total return of -11.6%.<BR><BR>Over the past year, the price return was 21.03%, with a dividend return of 0%, leading to a total return of 21.03%.<BR><BR>For the 2-year period, the price return was 14.18%, the dividend return was 0.43%, which resulted in a total return of 14.61%.<BR><BR>In the 3-year timeframe, the price return was -1.35%, the dividend return was 2.06%, culminating in a total return of 0.71%.<BR><BR>Over the last 4 years, the price return was -1.89%, the dividend return was 4.23%, giving a total return of 2.34%.<BR><BR>Finally, in the 5-year period, the price return was 282.6%, the dividend return was 17.11%, resulting in a total return of 299.71%.<BR><BR>Overall, while Ester Industries has declared a dividend, the dividend yield remains at 0%. The total returns show a mix of performance, with significant gains over the long term, particularly in the 5-year period, despite recent negative returns in shorter timeframes.