Ester Industries LimitedESTERCorporate

Packaging Latest results: Jun 2026 14 quarters of data
₹91.25
MCap ₹952 Cr
AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.
₹432 Cr
Sales · Jun 2026
+27.8% YoY
₹50 Cr
Operating Profit · Jun 2026
+141.7% YoY
11.5%
OPM % · Jun 2026
+88.5% YoY
₹19 Cr
Net Profit · Jun 2026
+360.2% YoY
₹1.84
EPS · Jun 2026
+348.6% YoY

📝 Ester Industries Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Ester Industries Limited reported revenue of ₹432 crore for the quarter ended June 2026 (Q1 FY27), up 27.8% from ₹338 crore in the same quarter last year, and up 25.7% sequentially over the March 2026 quarter.

The company swung to a net profit of ₹19 crore from a net loss of ₹7 crore a year earlier. Earnings per share (EPS) came in at ₹1.84.

Operating profit stood at ₹50 crore — an operating margin (OPM) of 11.5%, compared with 6.1% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Ester Industries Limited posted revenue of ₹1,375 crore, a growth of 7.3% over FY25, with a net loss of ₹27 crore.

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,469 crore with a net loss of ₹2 crore.

Valuation snapshot

At the current price of ₹91.25, ESTER has a market capitalisation of ₹952 crore.

Within the Packaging industry, it is the 15th-largest of the 80 companies we track by market value.

Shareholding pattern

As of Sep 2026, promoters held 62.31%, foreign institutional investors (FIIs) 0.12%, domestic institutional investors (DIIs) 0.16%, public shareholders 37.42% of Ester Industries Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close
Valuation
Market Cap ?
₹952 Cr
Current Price ?
₹91.2
P/E ?
N/A
Industry P/E ?
15.30
P/B ?
1.22
P/S ?
0.65
P/FCF ?
35.25
Enterprise Value ?
₹1,681 Cr
EV/EBITDA ?
13.63
PEG ?
N/A
Earnings Yield ?
3.1%
Dividend Yield ?
0.66%
Profitability & Returns
Sales (TTM) ?
₹1,469 Cr
OPM ?
8.4%
Profit after tax (TTM) ?
₹-2 Cr
EPS (TTM) ?
₹-0.16
ROCE ?
3.0%
ROE ?
-0.2%
ROA ?
-0.1%
Growth
Sales — latest qtr ?
₹432 Cr
PAT — latest qtr ?
₹19 Cr
YoY qtr sales growth ?
27.8%
YoY qtr profit growth ?
360.2%
Sales growth (3y) ?
7%
Sales growth (5y) ?
7%
Profit growth (3y) ?
N/A
Profit growth (5y) ?
N/A
Financial Health
Debt ?
₹729 Cr
Debt to Equity ?
0.93
Interest Coverage ?
0.4
Current Ratio ?
N/A
Ownership
Promoter holding ?
62.31%
Change in promoter holding ?
-0.42%
Pledged percentage ?
N/A
Market
Return 3 months ?
2.8%
Return 6 months ?
-1.8%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Jun bestweakest per row · for costs (interest, NPAs) low is best
Metric Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026 YoY % QoQ %
Sales 295258261268277286331346319338354339344432 +27.8% +25.7%
Operating Profit 100-10-206114060372115174250 +141.7% +18.0%
Other Income -1910536353935110 +13.4% +648.3%
Interest 1417181818171816161517161617 +10.4% +5.4%
Depreciation 1416171718171717171717181818 +5.9% +3.6%
Profit Before Tax -20-24-35-50-27-177316-4-17-13924 +717.7% +149.3%
Net Profit -18-22-30-45-24-163252-7-16-12819 +360.2% +136.6%
EPS -2.13-2.65-3.65-5.37-2.83-1.710.322.640.21-0.74-1.62-1.270.811.84 +348.6% +127.2%
OPM % 3.4% 0.0% -3.9% -7.3% 2.2% 3.9% 12.0% 17.2% 11.5% 6.1% 4.2% 4.9% 12.2% 11.5% +88.5% -5.7%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,282 Cr ₹1,375 Cr ₹1,469 Cr +7.3%
Operating Profit ₹147 Cr ₹94 Cr ₹123 Cr -36.0%
OPM % 11.48% 6.85% 8.39% -40.3%
NPM % 1.07% -2.00% -0.12% -286.9%
Other Income ₹17 Cr ₹18 Cr ₹19 Cr +3.7%
Depreciation ₹69 Cr ₹70 Cr ₹71 Cr +1.7%
Interest ₹67 Cr ₹65 Cr ₹67 Cr -3.6%
EBIT ₹78 Cr ₹24 Cr ₹52 Cr -69.0%
PBT ₹28 Cr ₹-24 Cr ₹3 Cr -187.3%
Tax ₹4 Cr ₹2 Cr ₹3 Cr -57.7%
Net Profit ₹14 Cr ₹-27 Cr ₹-2 Cr -300.5%
EPS ₹1.46 ₹-2.82 ₹-0.24 -293.2%
Material Cost ₹377 Cr ₹689 Cr ₹759 Cr +82.8%
Employee Cost ₹35 Cr ₹60 Cr ₹65 Cr +71.9%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 42474749 +4.3%
Reserves 702671726734 +1.1%
Borrowings 816773660729 +10.5%
Other Liabilities 155153140162 +15.7%
Total Liabilities 1,7151,6431,5731,674 +6.4%
Fixed Assets 979989977978 +0.1%
CWIP 79833936 -7.7%
Investments 154697578 +4.0%
Other Assets 503502482581 +20.5%
Total Assets 1,7151,6431,5731,674 +6.4%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 584411289 -20.5%
Cash from Investing Activity -19942-56-116 -107.1%
Cash from Financing Activity 114-14-1336 +104.5%
Net Cash Flow -2872-77-21 +72.7%
Free Cash Flow -198-288227 -67.1%
CFO/OP 73%-202%78%101% +29.5%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 50514849 +2.1%
Inventory Days 88707486 +16.2%
Days Payable 17312227 +22.7%
Cash Conversion Cycle 12190101108 +6.9%
Working Capital Days 14-251321 +61.5%
ROCE % 4%-5%6%3% -50.0%

👥 Shareholding (latest 5 periods)

Metric Sep 2025Dec 2025Mar 2026May 2026Sep 2026 % Chg
Promoters 62.73%62.72%62.72%62.32%62.31% -0.0%
FIIs 0.03%0.06%0.05%0.03%0.12% +300.0%
DIIs 0.04%0.13%0.16%0.15%0.16% +6.7%
Public 37.19%37.09%37.07%37.48%37.42% -0.2%
No. of Shareholders 38,33737,69436,92436,62336,857 +0.6%

⚖️ Peer comparison

Industry: Packaging · top 25 of 80 companies · full page →
# Company CMP MCap (Cr) P/E Sales TTM NP TTM OPM% NPM% Sales YoY% NP YoY% Qtr Rev Δ% Qtr NP Δ%
1 INOXINDIA INOX India ₹2,091.40 19,016 74.5 1,618 255 21.2% 15.8% 21.5% 14.1% 9.1% -4.8%
2 GRWRHITECH Garware Hi-Tech ₹6,834.50 15,878 46.9 2,120 338 20.5% 15.9% 0.5% 2.1% 9.0% 38.8%
3 EPL EPL ₹233.90 7,492 20.5 3,992 367 20.1% 9.2% -5.3% 1.0% 17.6% -10.7%
4 AGI AGI Greenpac ₹751.00 4,859 13.4 2,763 363 22.7% 13.1% 5.4% 9.2% 14.2% 12.1%
5 UFLEX UFLEX ₹632.65 4,568 6.7 16,866 686 13.6% 4.1% 2.4% 126.8% 37.6% 584.0%
6 TCPLPACK TCPL Packaging ₹4,394.80 3,991 34.6 1,879 116 16.3% 6.2% 2.3% -31.4% 16.1% 79.3%
7 POLYPLEX Polyplex ₹1,028.80 3,230 22.5 7,601 272 7.8% 3.6% 2.9% -88.5% 29.6% 386.0%
8 XPROINDIA Xpro India ₹1,288.90 3,025 92.5 534 33 9.4% 6.1% -5.7% -48.7% 20.4% 239.1%
9 COSMOFIRST COSMO FIRST ₹878.05 2,279 14.7 3,639 156 10.6% 4.3% 25.7% 17.4% 36.9% 37.0%
10 MOLDTKPAC Mold-Tek Packaging ₹655.25 2,177 — — — — — — — — —
11 HUHTAMAKI Huhtamaki India ₹244.85 1,849 13.6 2,611 137 8.6% 5.2% -1.9% 32.6% 22.6% 74.9%
12 COMSYN Commercial Syn ₹294.75 1,189 38.8 405 30 15.8% 7.5% 11.3% 53.7% 19.7% 74.4%
13 EKC Everest Kanto ₹98.75 1,108 7.5 1,470 147 13.8% 10.0% -1.9% 50.4% -15.2% 246.6%
14 DVL Dhunseri Ventures ₹275.20 964 5.0 444 191 -11.9% 43.0% -33.1% -38.9% 45.0% 145.1%
15 ESTER Ester Industries ₹86.24 899 — 1,469 -2 8.4% -0.1% 7.3% -300.5% 27.8% 360.2%
16 ORICONENT Oricon Enterprises ₹52.40 828 30.8 45 27 -120.6% 59.8% -68.7% -83.0% -7.5% 25.9%
17 515147 Haldyn Glass ₹132.79 811 24.1 487 30 13.9% 6.1% 21.5% 31.7% 20.6% 90.0%
18 TIRUPATI Shree Tirupati ₹748.00 758 239.7 201 3 6.5% 1.5% — — 3.0% -86.2%
19 KANPRPLA Kanpur Plastipack ₹246.50 603 13.1 741 45 9.1% 6.1% 16.9% 226.5% 13.8% 104.0%
20 HITECHCORP Hitech ₹331.95 570 32.5 701 18 11.0% 2.5% 14.1% 69.9% 36.8% 49.7%
21 SHREERAMA Shree Rama ₹42.38 566 22.7 265 25 16.2% 9.6% 15.3% -51.8% 45.5% 9.7%
22 PYRAMID Pyramid Technoplast ₹153.00 564 17.9 739 32 8.5% 4.3% 15.2% 4.1% 35.7% 30.6%
23 512453 Shri Jagdamba ₹876.95 560 16.2 457 47 12.9% 10.4% -13.5% -14.0% 28.6% 46.7%
24 NAHARPOLY Nahar Poly ₹221.94 546 7.5 668 72 14.1% 10.8% 5.8% 66.5% -18.7% -35.9%
25 TPLPLASTEH TPL Plastech ₹67.37 526 17.5 457 30 10.9% 6.6% 21.0% 23.2% 37.6% 19.2%
❓ Frequently asked questions
What was Ester Industries Limited's revenue in Q1 FY27?
Ester Industries Limited reported revenue of ₹432 crore for the quarter ended June 2026 (Q1 FY27), up 27.8% from ₹338 crore in the same quarter last year, and up 25.7% sequentially over the March 2026 quarter.
What was Ester Industries Limited's net profit in Q1 FY27?
The company swung to a net profit of ₹19 crore from a net loss of ₹7 crore a year earlier. Earnings per share (EPS) came in at ₹1.84.
What is ESTER's market capitalisation and P/E ratio?
At the current price of ₹91.25, ESTER has a market capitalisation of ₹952 crore.
Who owns Ester Industries Limited? (shareholding pattern)
As of Sep 2026, promoters held 62.31%, foreign institutional investors (FIIs) 0.12%, domestic institutional investors (DIIs) 0.16%, public shareholders 37.42% of Ester Industries Limited.
TTM ends 2026-06-30. Amounts are ₹ crore unless stated otherwise. Figures are extracted by AI from public quarterly filings; gaps are filled from public market data. Live price refreshed about twice a day from exchange data. Educational information only — not financial advice.
⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI