Ester Industries LimitedESTERCorporate

Packaging Latest results: Jun 2026 14 quarters of data
₹91.25
MCap ₹952 Cr · P/E 103.0
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.
₹339 Cr
Sales · Jun 2026
+21.6% YoY
₹32 Cr
Operating Profit · Jun 2026
+21.4% YoY
9.3%
OPM % · Jun 2026
+0.0% YoY
₹15 Cr
Net Profit · Jun 2026
+50.5% YoY
₹1.43
EPS · Jun 2026
+44.4% YoY

📝 Ester Industries Limited — results explained

Quarter ended June 2026 (Q1 FY27)

Ester Industries Limited reported revenue of ₹339 crore for the quarter ended June 2026 (Q1 FY27), up 21.6% from ₹279 crore in the same quarter last year, and up 32.5% sequentially over the March 2026 quarter.

Net profit rose 50.5% year-on-year to ₹15 crore, from ₹10 crore. Earnings per share (EPS) came in at ₹1.43.

Operating profit stood at ₹32 crore — an operating margin (OPM) of 9.3%, compared with 9.3% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY26, Ester Industries Limited posted revenue of ₹1,045 crore, a decline of 2.4% over FY25, with a net profit of ₹4 crore (down 89.2% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹1,105 crore with a net profit of ₹9 crore.

Valuation snapshot

At the current price of ₹91.25, ESTER has a market capitalisation of ₹952 crore and a trailing P/E of about 103.0.

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 ?
102.95above ind
Industry P/E ?
15.30
P/B ?
1.00
P/S ?
0.86
P/FCF ?
27.99
Enterprise Value ?
₹1,286 Cr
EV/EBITDA ?
16.70
PEG ?
N/A
Earnings Yield ?
2.6%
Dividend Yield ?
0.66%
Profitability & Returns
Sales (TTM) ?
₹1,105 Cr
OPM ?
7.0%
Profit after tax (TTM) ?
₹9 Cr
EPS (TTM) ?
₹0.89
ROCE ?
3.0%
ROE ?
1.0%
ROA ?
0.7%
Growth
Sales — latest qtr ?
₹339 Cr
PAT — latest qtr ?
₹15 Cr
YoY qtr sales growth ?
21.6%
YoY qtr profit growth ?
50.5%
Sales growth (3y) ?
-1%
Sales growth (5y) ?
1%
Profit growth (3y) ?
-70%
Profit growth (5y) ?
-50%
Financial Health
Debt ?
₹334 Cr
Debt to Equity ?
0.35
Interest Coverage ?
0.8
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 252198238204216240298275258279260250256339 +21.6% +32.5%
Operating Profit 164-4-84133242332611102432 +21.4% +29.4%
Other Income 38674443363418 +41.9% +600.3%
Interest 89109991089810999 +15.9% +5.0%
Depreciation 1010101111111111111111111111 +3.1% +5.3%
Profit Before Tax 1-7-17-21-12-315251713-6-5619 +49.6% +223.7%
Net Profit 3-5-13-16-9-212191210-5-5415 +50.5% +226.7%
EPS 0.35-0.63-1.53-1.93-1.09-0.221.241.981.310.99-0.50-0.500.451.43 +44.4% +217.8%
OPM % 6.1% 2.1% -1.5% -4.1% 2.0% 5.3% 10.7% 15.2% 12.7% 9.3% 4.1% 4.2% 9.5% 9.3% +0.0% -2.1%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric FY25 FY26 TTM YoY %
Sales ₹1,070 Cr ₹1,045 Cr ₹1,105 Cr -2.4%
Operating Profit ₹119 Cr ₹71 Cr ₹77 Cr -40.1%
OPM % 11.14% 6.84% 6.97% -38.6%
NPM % 3.79% 0.42% 0.84% -88.9%
Other Income ₹14 Cr ₹14 Cr ₹17 Cr -0.2%
Depreciation ₹43 Cr ₹43 Cr ₹44 Cr -0.3%
Interest ₹36 Cr ₹35 Cr ₹36 Cr -1.6%
EBIT ₹76 Cr ₹28 Cr ₹33 Cr -62.8%
PBT ₹55 Cr ₹8 Cr ₹14 Cr -86.2%
Tax ₹10 Cr ₹-2 Cr ₹3 Cr -116.6%
Net Profit ₹41 Cr ₹4 Cr ₹9 Cr -89.2%
EPS ₹4.31 ₹0.44 ₹0.88 -89.8%
Material Cost ₹481 Cr ₹354 Cr ₹586 Cr -26.4%
Employee Cost ₹46 Cr ₹36 Cr ₹55 Cr -22.5%
Extraordinary Items — — — —

🏛️ Balance Sheet (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Equity Capital 42474749 +4.3%
Reserves 733779861901 +4.6%
Borrowings 386367300334 +11.3%
Other Liabilities 11699107121 +13.1%
Total Liabilities 1,2761,2921,3161,405 +6.8%
Fixed Assets 371397406388 -4.4%
CWIP 78823934 -12.8%
Investments 424442510545 +6.9%
Other Assets 403371360438 +21.7%
Total Assets 1,2761,2921,3161,405 +6.8%

💧 Cash Flow (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Cash from Operating Activity 138668053 -33.8%
Cash from Investing Activity -156-37-103-105 -1.9%
Cash from Financing Activity 2443-5431 +157.4%
Net Cash Flow 572-77-21 +72.7%
Free Cash Flow 1296534 -47.7%
CFO/OP 147%-2,654%69%82% +18.8%

➗ Ratios (latest 4 periods)

Metric Mar 2023Mar 2024Mar 2025Mar 2026 % Chg
Debtor Days 46464544 -2.2%
Inventory Days 73696984 +21.7%
Days Payable 14221825 +38.9%
Cash Conversion Cycle 1069396103 +7.3%
Working Capital Days 13-212439 +62.5%
ROCE % 7%-3%7%3% -57.1%

👥 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 ₹339 crore for the quarter ended June 2026 (Q1 FY27), up 21.6% from ₹279 crore in the same quarter last year, and up 32.5% sequentially over the March 2026 quarter.
What was Ester Industries Limited's net profit in Q1 FY27?
Net profit rose 50.5% year-on-year to ₹15 crore, from ₹10 crore. Earnings per share (EPS) came in at ₹1.43.
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 and a trailing P/E of about 103.0.
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