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.
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.
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.
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.
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.
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.