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
₹92.30
-3.00% 1W | -10.70% 52W
Market Cap
962 CR
P/E Ratio
–
52W High
₹120
52W Low
₹68.5
Div. Yield
0.27%
Beta
–
50 DMA
₹90.7
200 DMA
₹92.1
Profit Margin
1.4%
Inst. Own.
0%
🔥 APPROACHING RESISTANCE
⚠️ 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 | 17 | 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%
FIIs0.03%
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%
Promoters62.30%
FIIs0.12%
DIIs0.15%
Public37.42%
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%
Promoters62.30%
FIIs0.12%
DIIs0.15%
Public37.42%
ESTER
Holdings Analysis
Key strengths & risk signals
51
Overall
39
Fundamental
63
Technical
Risks (4)
Cannot calculate PEG - insufficient growth data.
WEAK YEAR! Stock declined 10.7% in the last year.
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.0% (1 week), 1.1% (1 month), 11.7% (3 months).
BEARISH TREND! 50-day average (90.7) is below 200-day average (92.1) - negative signal.
Strengths (3)
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 457,366 vs down days: 101,013. Ratio: 4.53x
STRONG POSITION! Current price (92.3) is above both moving averages.
NEUTRAL! RSI at 50.2 - balanced momentum.
Fundamental & Technical Analysis
51Overall
39Fundamental
63Technical
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! 1.4% profit margin - thin profits.
PEG Valuation
0/10
Cannot calculate PEG - insufficient growth data.
Dividend Yield
3/10
NEGLIGIBLE DIVIDEND! 0.27% 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 (90.7) is below 200-day average (92.1) - negative signal.
Price Position
8/10
STRONG POSITION! Current price (92.3) is above both moving averages.
Trend Pattern
10/20
AT RESISTANCE! Stock is at key resistance level.
52W Performance
2/10
WEAK YEAR! Stock declined 10.7% in the last year.
Volume Sentiment
30/30
BULLISH SENTIMENT! In last 30 days: 10 up days, 20 down days. Avg volume on up days: 457,366 vs down days: 101,013. Ratio: 4.53x
RSI
3/5
NEUTRAL! RSI at 50.2 - balanced momentum.
52W Range
3/5
MID RANGE! Trading at 46.2% of 52W range - neutral zone.
Momentum
1/5
NEGATIVE MOMENTUM! Price declined across timeframes - down 3.0% (1 week), 1.1% (1 month), 11.7% (3 months).
Beta
3/5
MARKET ALIGNED! Beta of 1.00 - moves with the market.
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 | ₹92.30 | – | 1.4% | 7.4% | – | -10.7% | 51 | APPROACHING RESISTANCE | -358.3% | +135.4% | +27.8% | +25.7% |
| PREMIERPOL | ₹85.90 | 26.3 | 9.6% | 5.6% | 39.7% | +79.1% | 79 | CONSOLIDATING UP | +51.7% | +5.8% | +34.5% | +8.6% |
| HEUBACHIND | ₹412.50 | 15.6 | 7.4% | -0.5% | 5.9% | -31.3% | 38 | CONSOLIDATING DOWN | -111.6% | -112.3% | -17.5% | -4.0% |
| TNPETRO | ₹113.60 | 5.9 | 7.6% | -12.0% | 1.1% | -6.8% | 52 | HIT RESISTANCE | +90.1% | -18.9% | +104.9% | +20.1% |
| FAIRCHEMOR | ₹701.40 | 37.3 | 4.2% | -10.8% | -49.7% | -5.7% | 59 | BREAKOUT | +1,175.0% | +2.0% | +49.7% | -5.2% |
| SUDARCOLOR | ₹374.00 | 15.5 | 6.3% | 0.8% | 32.4% | -23.7% | 63 | BOUNCE FROM SUPPORT | +47.9% | +18.1% | +47.4% | +21.3% |
| EXCELINDUS | ₹975.20 | 17.2 | 6.6% | 0.1% | -1.8% | -7.6% | 55 | CONSOLIDATING UP | -12.7% | +139.8% | -5.1% | +4.5% |
| PLATIND | ₹213.50 | 23.3 | 11.3% | 24.8% | 11.1% | -16.6% | 67 | CONSOLIDATING DOWN | -12.6% | -26.5% | -5.6% | -17.5% |
Data from TradeAlone · Updated daily
