ESTER
Ester Industries Limited (ESTER) Stock Analysis
Ester Industries Limited is an Indian polyester film and specialty polymers company. It manufactures packaging films and engineered materials for FMCG, industrial, and export markets. The company supplies flexible packaging substrates. It is listed on Indian stock exchanges.
Basic Materials › Specialty Chemicals
₹86.10
-1.75% 1W | -20.60% 52W
Market Cap
898 CR
P/E Ratio
–
52W High
₹132.4
52W Low
₹68.5
Div. Yield
0.29%
Beta
0.5
50 DMA
₹91.6
200 DMA
₹93.4
Profit Margin
-0.1%
Inst. Own.
0%
⚠️ BREAKDOWN
⚠️ BREAKDOWN
Fundamentals
Profit & Loss
| Metric | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 258 | 261 | 268 | 277 | 286 | 331 | 346 | 319 | 338 | 354 | 339 | 344 | 432 |
| Expenses | 257 | 272 | 287 | 271 | 275 | 291 | 286 | 283 | 318 | 340 | 323 | 302 | 383 |
| Operating Profit | 0 | -10 | -20 | 6 | 11 | 40 | 60 | 36 | 20 | 14 | 16 | 42 | 49 |
| OPM % | 0.0% | -3.9% | -7% | 2.2% | 3.9% | 12% | 17% | 11% | 6% | 4.0% | 4.8% | 12% | 11% |
| Other Income | 9 | 10 | 5 | 3 | 6 | 3 | 5 | 3 | 9 | 3 | 5 | 1 | 10 |
| Interest | 17 | 18 | 18 | 18 | 17 | 18 | 16 | 16 | 15 | 17 | 16 | 16 | 17 |
| Depreciation | 16 | 17 | 17 | 18 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 |
| Profit before tax | -24 | -35 | -50 | -27 | -17 | 7 | 31 | 6 | -4 | -17 | -13 | 9 | 24 |
| Tax % | -6% | -13% | -10% | -11% | -3% | 55% | 21% | 69% | 88% | -8% | -2% | 17% | 21% |
| Net Profit | -22 | -30 | -45 | -24 | -16 | 3 | 25 | 2 | -7 | -16 | -12 | 8 | 19 |
| EPS in Rs | -2.65 | -3.65 | -5.37 | -2.52 | -1.71 | 0.32 | 2.64 | 0.21 | -0.73 | -1.62 | -1.27 | 0.81 | 1.79 |
| Metric | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 671 | 698 | 884 | 928 | 895 | 768 | 992 | 1,110 | 1,114 | 1,063 | 1,282 | 1,375 | 1,469 |
| Expenses | 448 | 663 | 842 | 853 | 823 | 698 | 760 | 939 | 1,022 | 1,086 | 1,135 | 1,282 | 1,347 |
| Operating Profit | 223 | 35 | 42 | 74 | 72 | 71 | 231 | 171 | 93 | -23 | 147 | 93 | 122 |
| OPM % | 33% | 5% | 4.8% | 8% | 8% | 9% | 23% | 15% | 8% | -2.1% | 12% | 7% | 8% |
| Other Income | 1 | 6 | 5 | 5 | 3 | 5 | 8 | 60 | 137 | 26 | 16 | 18 | 19 |
| Interest | 13 | 35 | 26 | 35 | 37 | 36 | 19 | 25 | 36 | 70 | 67 | 65 | 67 |
| Depreciation | 18 | 27 | 29 | 30 | 32 | 32 | 35 | 37 | 44 | 68 | 69 | 70 | 71 |
| Profit before tax | 193 | -21 | -8 | 14 | 5 | 7 | 185 | 169 | 149 | -135 | 28 | -24 | 3 |
| Tax % | 33% | -34% | -32% | 41% | 21% | 33% | 26% | 19% | 8% | -10% | 51% | 13% | |
| Net Profit | 129 | -14 | -5 | 8 | 4 | 5 | 137 | 137 | 137 | -121 | 14 | -27 | -2 |
| EPS in Rs | 20.58 | -2.21 | -0.84 | 1.33 | 0.61 | 0.55 | 16.49 | 16.39 | 16.42 | -12.88 | 1.46 | -2.81 | -0.29 |
| Dividend Payout % | 19% | 0% | 0% | 38% | 0% | 0% | 21% | 20% | 3% | 0% | 0% | -9% |
Growth — CAGR
| Metric | 3Y | 5Y | 10Y |
|---|---|---|---|
| Revenue CAGR | 7.0% | 7.0% | 6.0% |
Shareholding Pattern
Promoters62.73%
FIIs0.17%
DIIs0.01%
Public37.09%
Promoters62.73%
FIIs0.03%
DIIs0.04%
Public37.19%
Promoters62.72%
FIIs0.06%
DIIs0.13%
Public37.09%
Promoters62.72%
FIIs0.05%
DIIs0.16%
Public37.07%
Promoters62.32%
FIIs0.03%
DIIs0.15%
Public37.49%
Promoters64.04%
FIIs0.32%
DIIs0.01%
Public35.62%
Promoters62.45%
FIIs0.04%
DIIs0.01%
Public37.50%
Promoters62.40%
FIIs0.08%
DIIs0.01%
Public37.51%
Promoters62.72%
FIIs0.05%
DIIs0.16%
Public37.07%
Promoters62.32%
FIIs0.03%
DIIs0.15%
Public37.49%
ESTER
Holdings Analysis
Key strengths & risk signals
48
Overall
39
Fundamental
58
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
POOR YEAR! Stock declined 20.6% in the last year.
WEAK POSITION! Current price (86.1) is below both moving averages.
NEGATIVE MOMENTUM! Price declined across timeframes - down 1.8% (1 week), 7.7% (1 month), 4.1% (3 months).
Strengths (3)
BULLISH SENTIMENT! In last 30 days: 9 up days, 21 down days. Avg volume on up days: 521,018 vs down days: 97,279. Ratio: 5.36x
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
APPROACHING OVERSOLD! RSI at 38.6 - watch for reversal.
Fundamental & Technical Analysis
48Overall
39Fundamental
58Technical
Fundamental Breakdown
Growth Quality
10/30
Revenue CAGR: 7.4% (MODERATE, 8/15). Profit CAGR: 0% (DECLINING, 2/15).
Profit Margin
2/10
LOW MARGIN! -0.1% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.29% yield - little to no income.
Debt to Equity
10/10
VERY LOW DEBT! D/E of 0.00 - excellent financial health.
Public Holding
10/20
SIGNIFICANT PUBLIC HOLDING! 35.91% public ownership - moderate retail influence.
Stability Index
4/10
CAREFUL! Company does not have stable profit track. 3 loss-making quarters detected.
Technical Breakdown
Moving Averages
3/10
BEARISH TREND! 50-day average (91.6) is below 200-day average (93.4) - negative signal.
Price Position
2/10
WEAK POSITION! Current price (86.1) is below both moving averages.
Trend Pattern
10/20
BREAKDOWN! Stock has broken below support levels - weakness present.
52W Performance
1/10
POOR YEAR! Stock declined 20.6% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 9 up days, 21 down days. Avg volume on up days: 521,018 vs down days: 97,279. Ratio: 5.36x
RSI
4/5
APPROACHING OVERSOLD! RSI at 38.6 - watch for reversal.
52W Range
2/5
LOWER HALF! Trading at 27.5% of 52W range - weakness visible.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 1.8% (1 week), 7.7% (1 month), 4.1% (3 months).
Beta
5/5
LOW VOLATILITY! Beta of 0.50 - stable stock, less market risk.
ESTER
Concall / Investor Presentation
Earnings call transcripts & AI summaries
| Quarter | Concall | Summary |
|---|---|---|
| Q1FY272026-08-24 | Concall PDF | |
| Q4FY262026-05-21 | Concall PDF | |
| Q3FY262026-02-13 | Concall PDF | |
| Q2FY262025-11-21 | Concall PDF |
Peer Comparison
Basic Materials · Specialty Chemicals · 8 stocks
| Stock | Price | P/E | Profit Margin | Revenue CAGR 5Y | Profit CAGR 5Y | 52W Change | Stock Strength | Trendline | YoY Profit | QoQ Profit | YoY Revenue | QoQ Revenue |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ESTER | ₹86.10 | – | -0.1% | 7.4% | – | -20.6% | 48 | BREAKDOWN | -358.3% | +135.4% | +27.8% | +25.7% |
| SUDARCOLOR | ₹394.60 | 19 | 6.0% | 0.8% | 32.4% | -34.0% | 60 | CONSOLIDATING UP | +19.3% | +54.5% | +5.6% | +5.4% |
| GANESHBE | ₹130.80 | 13.1 | 16.8% | -0.8% | 9.7% | +47.2% | 66 | APPROACHING RESISTANCE | -2.8% | +15.0% | +22.9% | +5.4% |
| FAIRCHEMOR | ₹671.50 | 59.2 | 2.8% | -10.8% | -49.7% | -20.3% | 44 | APPROACHING SUPPORT | +733.3% | +170.3% | +34.3% | +50.6% |
| HEUBACHIND | ₹412.50 | 15.6 | 7.4% | -0.5% | 5.9% | -31.3% | 38 | CONSOLIDATING DOWN | -111.6% | -112.3% | -17.5% | -4.0% |
| CHEMCON | ₹227.80 | 29.7 | 11.1% | -7.4% | -24.6% | -13.9% | 61 | APPROACHING RESISTANCE | +71.9% | +71.9% | +24.3% | -11.8% |
| PREMIERPOL | ₹85.90 | 26.3 | 9.6% | 5.6% | 39.7% | +79.1% | 79 | CONSOLIDATING UP | +51.7% | +5.8% | +34.5% | +8.6% |
| KOTHARIPET | ₹133.50 | 10.9 | 12.5% | 7.0% | 22.8% | -4.2% | 73 | APPROACHING SUPPORT | -3.4% | -4.5% | -8.8% | -4.2% |
Data from TradeAlone · Updated daily
