Ester Industries has announced the transcript of its earnings call held on 15th May 2026, discussing the audited financial results for the quarter and year ended 31st March 2026. The extract of the results was published on 15th May 2026 in Financial Express and Vir Arjun, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors had approved the results at its meeting held on 13th May 2026.

Q4 FY26 Performance Highlights

For the quarter ended 31st March 2026, the company reported a strong recovery in consolidated performance. Consolidated net profit surged to ₹7.9 crore from ₹2.0 crore in the year-ago quarter. On a standalone basis, net profit for Q4 stood at ₹4.4 crore compared to ₹12.3 crore in Q4 FY25. Consolidated total income grew 7.2% to ₹345.1 crore, while EBITDA rose 10.7% to ₹43.3 crore, with margins expanding 40 bps to 12.6%.

Full Year Financial Performance

For the financial year ended 31st March 2026, the company reported a standalone net profit of ₹4.4 crore, a decrease from ₹40.5 crore in the previous year. On a consolidated basis, the company reported a net loss of ₹27.5 crore for FY26 against a net profit of ₹13.7 crore in the previous year. Consolidated revenue from operations increased 7.2% to ₹1,392.7 crore from ₹1,299.0 crore. The Board has recommended a final dividend of ₹0.25 per equity share for FY 2025-26, subject to shareholder approval.

Business Highlights

Management noted that the quarter marked a meaningful inflection point, with major headwinds from Chinese dumping and US trade tariffs moderating. The Directorate General of Trade Remedies (DGTR) has imposed anti-dumping duties on BOPET film imports from China and certain other countries, with formal imposition by the Ministry of Finance expected in due course. Consolidated capacity utilization for BOPET film improved to 78% in FY26 from 74% in FY25.

Sales of rPET increased by 258% to 5,325 MT, with revenue rising to ₹59.3 crore. Specialty Polymers revenue grew by 16% to ₹179.3 crore. The company has commissioned a state-of-the-art rPET extruder in Hyderabad with a capacity of 20,000 metric tons per annum. Ester Filmtech delivered an impressive performance during Q4 FY26, with capacity utilization reaching 85% compared to 59% in Q4 FY25, and total income surging 67.7% year-on-year to ₹131.7 crore.

Ester Industries Limited has disclosed that its promoters and members of the promoter group have not created any encumbrance on the shares held by them during the financial year ended March 31, 2026. The declaration was submitted by Arvind Singhania on behalf of the promoters and Persons Acting in Concert (PAC) in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The communication confirms that no new encumbrances, whether direct or indirect, were established on the shares of ester industries other than those that had been previously disclosed. This filing serves to inform the stock exchanges and update the records regarding the status of the shareholding pattern.

Promoter and Promoter Group Details

The company provided an annexure detailing the composition of the promoter and promoter group as of March 31, 2026. The list includes 31 entities and individuals classified as either promoters or members of the promoter group.

The declaration was addressed to BSE Limited and National Stock Exchange of India Limited (NSE) on April 6, 2026. The document was signed by Arvind Singhania, representing himself, other promoters, and members of the promoter group and PAC.