Ester Industries
90.08
+1.44(+1.62%)
Market Cap₹879.06 Cr
PE Ratio-26.14
Company Performance:
1D+1.62%
1M-4.00%
6M-22.96%
1Y-17.44%
5Y-30.49%
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More news about Ester Industries
19Feb 26
Ester Industries Issues Postal Ballot Notice for Director Re-appointments and Related Party Transactions
Ester Industries Limited has issued a postal ballot notice dated 6th February 2026 for five key resolutions including re-appointment of Managing Director Mr. Arvind Singhania and Whole-Time Director Mr. Pradeep Kumar Rustagi for three-year terms from April 2026. The company also seeks approval for material related party transactions worth up to INR 1,463 crores with joint venture ELITe and guarantee arrangements worth INR 380 crores each with Wilemina Finance Corporation and Mr. Arvind Singhania. Remote e-voting will be conducted from 20th February to 21st March 2026, with results declared by 23rd March 2026.
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09Feb 26
Ester Industries Submits Monitoring Agency Report for Preferential Issue of Warrants for Q3 FY26
Ester Industries Limited submitted its Q3 FY26 monitoring agency report for preferential issue of warrants worth Rs 174.99 crore. The company utilized Rs 8.50 crore during the quarter for joint venture investment, bringing total utilization to Rs 25.30 crore. With Rs 149.69 crore remaining unutilized, the company has deployed Rs 60.45 crore in fixed deposits earning 5.50% to 6.35% returns. A key concern is the warrant exercise price of Rs 158 per share versus current market price of Rs 96.99, which may impact conversion by the May 13, 2026 deadline.
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07Feb 26
Ester Industries Q3FY26: Specialty Polymer Volume Surges 46.4% Despite Net Loss
Ester Industries delivered mixed Q3FY26 results with strong operational performance in specialty segments offset by financial headwinds. While reporting consolidated net loss of ₹124.13 million versus ₹248.16 million profit in Q3FY25, the company achieved remarkable growth in specialty polymer volumes (46.4%) and rPET volumes (286.7%), demonstrating resilience amid challenging market conditions.
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02Feb 26
Ester Industries Schedules Board Meeting & Earnings Call for Q3FY26 Results
Ester Industries Limited has announced a comprehensive disclosure schedule for Q3FY26 results, including a board meeting on February 6, 2026, to consider and approve unaudited financial results for the quarter and nine months ended December 31, 2025, followed by a virtual earnings call on February 9, 2026, at 3:00 PM IST with international dial-in access for global investor participation.
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08Jan 26
Ester Industries Grants 19,188 Stock Options to Chief Marketing Officer Under ESOP 2024
Ester Industries Limited has granted 19,188 stock options to Mr. Kunal Tank, Chief Marketing Officer – Specialty Polyesters/Polymers, under its ESOP 2024 plan. The options are exercisable at ₹79.00 per option, representing a 20% discount to the fair market value of ₹98.81. The grant was approved by the Nomination and Remuneration Committee on January 8, 2026, with each option convertible to one equity share and exercisable within five years of vesting.
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17Dec 25
Ester Industries' ELITe Awards Engineering Contract to Toyo for Gujarat Facility
ELITe, the joint venture between Ester Industries and Loop Industries, has awarded the detailed engineering contract for its Infinite Loop India project to Toyo Engineering India, representing the final engineering phase before construction. The Gujarat facility will have 70,000 metric tonnes annual PET resin capacity with Nike as anchor customer and strong project economics including USD 5 million savings from land acquisition.
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20Nov 25
Ester Industries: Promoter Group Executes Internal Share Transfer of 1.876 Million Shares
Ester Industries Limited has undergone an internal share transfer within its promoter group. Arvind Singhania transferred 1,876,000 equity shares to MOVI Limited via a block deal mechanism. The overall promoter group shareholding remains unchanged at 62.73%, with no alteration in the company's aggregate ownership structure. This transfer is seen as a strategic move that maintains the status quo of the company's ownership.
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15Nov 25
Ester Industries Reports Q2 FY26 Revenue Growth of 7% to ₹357 Crore Despite Margin Pressures
Ester Industries saw a 7% year-on-year increase in consolidated revenue to ₹357.00 crore in Q2 FY26. However, the company faced margin pressures, resulting in a net loss of ₹16.00 crore. The Polyester Chips and Film segment reported an EBIT loss, while the Specialty Polymers segment showed growth. Sales volume of recycled PET grew significantly by 219% year-on-year. The company is focusing on strengthening its specialty polymer portfolio and advancing its circular economy vision.
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14Nov 25
Ester Industries Reports No Fund Utilization in Q2 FY26, Consolidated Revenue Declines
Ester Industries Limited reported mixed financial results for Q2 FY26. Consolidated revenue increased to ₹354.19 crore from ₹331.16 crore in Q2 FY25, but the company faced a net loss of ₹15.78 crore. EBITDA decreased to ₹18.07 crore. The specialty polymers segment showed significant growth, while the polyester chips and film segment saw a slight increase. The company has not utilized ₹89.24 crore from its preferential issue of convertible warrants, with ₹15 crore still allocated for general corporate purposes.
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10Nov 25
Ester Industries Inks Deal with Nike for Eco-Friendly Materials Supply
Ester Industries, through its joint venture with Loop Industries, has secured a multi-year agreement to supply sustainable materials to Nike. The partnership involves the production of Twist™, a virgin-quality polyester resin made from textile waste, at the Infinite Loop™ India facility. This collaboration is expected to reduce greenhouse gas emissions by 81% and save up to 418,600 tonnes of CO₂ annually. The agreement positions Ester Industries as a key player in the sustainable materials market for the athletic wear industry.
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12Sept 25
Ester Industries Expands Global Footprint with New US Subsidiary
Ester Industries has announced the establishment of a wholly-owned subsidiary in the United States with an initial capital investment of up to $1.50 million (₹12.45 crore). The new subsidiary aims to enhance marketing activities and product operations in the US market. Key objectives include marketing, customer support, exploring new business opportunities, and undertaking value-added manufacturing. The establishment is subject to regulatory approvals in both India and the US.
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08Aug 25
Ester Industries Reports Rs 158.19 Crore Unutilized from Rs 175 Crore Warrant Issue
Ester Industries submitted a monitoring agency report for Q2 2025, detailing the use of proceeds from its recent preferential issue of convertible warrants. Out of Rs 174.99 crore total issue size, Rs 16.80 crore has been utilized for investment in joint venture Ester Loop Infinite Technologies Private Limited. Rs 158.19 crore remains unutilized, with Rs 68.95 crore deployed in fixed deposits earning 4.50% to 6.25% returns. Rs 89.24 crore is pending receipt from warrant holders, expected upon conversion by May 13, 2026. The report, prepared by CRISIL Ratings Limited, indicates no deviations from stated objectives or delays in implementation.
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05Aug 25
Ester Industries Reports 19% Revenue Growth in Q1, Driven by Strong Performance Across Segments
Ester Industries, a polyester films and specialty polymers manufacturer, reported robust Q1 results with 19% year-on-year revenue growth and improved EBITDA margin. Polyester Films segment saw 22.57% volume increase and 20.7% revenue rise. Recycled PET business revenue surged from INR 0.5 crores to INR 14 crores. Specialty Polymers showed 4% volume growth. Ester Filmtech subsidiary improved capacity utilization to 72%. The company unveiled a new logo and is progressing with a joint venture for recycled PET production.
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30Jul 25
Ester Industries Reports Mixed Q1 FY2026 Results, Appoints New Secretarial Auditors
Ester Industries Limited reported mixed financial results for Q1 FY2026. Standalone revenue increased 8.13% to Rs 279.01 crore, but net profit decreased 21.82% to Rs 9.64 crore. Consolidated revenue rose to Rs 338.20 crore, but the company reported a net loss of Rs 7.16 crore. Polyester Chips and Film segment revenue grew to Rs 290.14 crore, while Specialty Polymers segment revenue increased to Rs 48.07 crore. The company appointed new Secretarial Auditors, scheduled its 39th AGM for September 26, 2025, set a dividend record date for September 19, 2025, and completed a share warrant conversion.
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16Jul 25
Ester Industries Unveils New Brand Identity, Marking 40 Years of Innovation
Ester Industries Limited, a manufacturer of polyester films and specialty polymers, has announced a major rebranding initiative to mark its 40th anniversary. The company introduced a new brand identity reflecting its evolution and global aspirations. The new logo symbolizes Ester's origins in polyester chemistry and its commitment to progress and sustainability. Under the tagline 'Innovating Sustainable Solutions', Ester aims to drive future growth and innovation. Founded in 1985, the company has expanded from polyester films to engineering plastics and high-technology specialty polyesters, exporting to over 50 countries.
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22May 25
Ester Industries Swings to Profit in Q4, Reports 16% Revenue Growth
Ester Industries Ltd, a polyester films and engineering plastics manufacturer, posted a consolidated net profit of ₹19.60 crore in Q4, compared to a loss of ₹23.70 crore in the same period last year. Revenue increased by 15.94% to ₹320.00 crore. The company's EBITDA for Q4 was ₹64.90 crore, with an Operating Profit Margin of 17.22%. Sales reached ₹345.60 crore, up 29.05% year-over-year. Despite the strong Q4 performance, the company reported a net loss for the full fiscal year, indicating an ongoing recovery process.
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21May 25
Ester Industries Bounces Back: Q4 Results Show Significant Improvement
Ester Industries, a leading polyester films manufacturer, has shown a significant financial turnaround in Q4. Revenue increased by 15.9% year-over-year to ₹3.20 billion. The company reported a net profit of ₹19.60 million, compared to a loss of ₹237.00 million in the same quarter last year. EBITDA surged by 509.7% to ₹364.60 million, with the EBITDA margin improving from 2.16% to 11.42%. This performance indicates a strong recovery in demand and improved operational efficiency.
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Ester Industries
90.08
+1.44
(+1.62%)
1 Year Returns:-17.44%
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