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Ester Industries Limited (ESTER.NS)

INR88.60 +0.05 (+0.06%)
IN NSE Basic Materials Chemicals - Specialty
Address Plot No. 11 122016
Gurugram, HR, IN
CEO Vaibhav Jha
IPO 2011-06-20
ISIN INE778B01029

Explore sections of this company profile

Also trades on Bombay Stock Exchange · ESTER.BO (INR) National Stock Exchange of India · ESTER.NS (INR)
Description

Ester Industries Ltd. engages in the production and sale of polyester, polymers, and other plastic compounds. It operates through the following segments: Polyester Film and Engineering Plastics. The Polyester Film segment is involved in the manufacture of films used in flexible packaging and other industrial application. The Engineering Plastics segment produces products used in industries such as automotive, telecommunication, electrical, electronics and lighting, and consumer durable. The firm also offers speciality polymers for textile, packaging and thermoforming applications. The company was founded by Arvind Kumar Singhania on February 4, 1985 and is headquartered in Gurgaon, India.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
INR88.60 +0.05 (+0.06%)
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Volume Profile
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Liquidity & share structure
Average Volume
108.0K
Beta
0.42
Float Shares
21.89M
Free Float %
22.4%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.42% -1.42% +7.20% -7.63% -11.00% -6.18% -33.14% -20.92% -32.20% +64.38% +119.68%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
88.60
Ratings Trend (MoM)
Rating 2024-11 Change
Strong Buy 0 0
Buy 0 0
Hold 0 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
1.66
Distress
Piotroski F-Score
3 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C-
Overall Score
1 / 5
Low
DCF Score
1 / 5
Low
ROE Score
1 / 5
Low
ROA Score
1 / 5
Low
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Chemicals - Specialty: +4.7%
    +7.3% Q1'26: +7.7% (vs Q1'25)
  • EPS growth Chemicals - Specialty: +13.2%
    -293.2% Q1'26: +285.7% (vs Q1'25)
  • FCF margin FCF growth · Chemicals - Specialty: +44.1%
    +1.9% Q1'26: -7.1% (vs Q1'25)
  • EBIT margin Chemicals - Specialty: +8.8%
    +1.8% Q1'26: +7.2% (vs Q1'25)
  • ROIC Chemicals - Specialty: +5.6%
    +1.8% Q1'26: +6.1% (vs Q1'25)
  • Share dilution Chemicals - Specialty: +0.1%
    +3.8% Q1'26: +3.8% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Chemicals - Specialty: 0.18×
    7.71× Q1'26: 4.37× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.42) × ERP
WACC = 56% × Ke + 44% × Kd (8.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Current price: 88.60
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Mar 2018
actual
Mar 2019
actual
Mar 2020
actual
Mar 2021
actual
Mar 2022
actual
Mar 2023
actual
Mar 2024
actual
Mar 2030
1 Rev. Ana.
1 EPS Ana.
Mar 2031
1 Rev. Ana.
1 EPS Ana.
Mar 2032
1 Rev. Ana.
1 EPS Ana.
Mar 2033
1 Rev. Ana.
1 EPS Ana.
Revenue
8.07B
est: 7.93B (+1.8%)
10.24B
est: 9.35B (+9.4%)
10.35B
est: 11.45B (-9.6%)
9.88B
est: 9.62B (+2.7%)
11.08B
est: 13.93B (-20.4%)
11.08B
est: 12.92B (-14.3%)
10.57B
est: 16.48B (-35.9%)
9.62B
9.62B – 9.62B
-41.6% YoY
13.93B
13.93B – 13.93B
+44.8% YoY
12.92B
12.92B – 12.92B
-7.3% YoY
16.48B
16.48B – 16.48B
+27.6% YoY
EBITDA
710.36M
est: 976.21M (-27.2%)
1.13B
est: 1.15B (-1.5%)
1.98B
est: 1.41B (+40.3%)
2.39B
est: 1.18B (+101.6%)
1.80B
est: 1.71B (+4.8%)
1.04B
est: 1.59B (-34.7%)
33.88M
est: 2.03B (-98.3%)
851.63M
851.63M – 851.63M
-58.0% YoY
1.23B
1.23B – 1.23B
+44.8% YoY
1.14B
1.14B – 1.14B
-7.3% YoY
1.46B
1.46B – 1.46B
+27.6% YoY
EBIT
402.73M
est: 616.90M (-34.7%)
812.58M
est: 727.41M (+11.7%)
1.63B
est: 890.74M (+83.0%)
2.04B
est: 748.25M (+172.6%)
1.43B
est: 1.08B (+31.9%)
602.61M
est: 1.00B (-40.0%)
-646.38M
est: 1.28B (-150.4%)
386.57M
386.57M – 386.57M
-69.8% YoY
559.75M
559.75M – 559.75M
+44.8% YoY
519.08M
519.08M – 519.08M
-7.3% YoY
662.29M
662.29M – 662.29M
+27.6% YoY
Net Income
52.94M
est: 30.96M (+71.0%)
311.06M
est: 184.83M (+68.3%)
994.99M
est: 386.55M (+157.4%)
1.37B
est: 1.68B (-18.2%)
1.37B
est: 1.61B (-15.3%)
1.37B
est: 1.77B (-22.6%)
-1.21B
est: 2.34B (-151.6%)
1.74B
1.74B – 1.74B
-25.6% YoY
1.68B
1.68B – 1.68B
-3.9% YoY
1.84B
1.84B – 1.84B
+9.5% YoY
2.43B
2.43B – 2.43B
+32.6% YoY
SGA
427.26M
est: 362.56M (+17.8%)
348.73M
est: 427.51M (-18.4%)
354.32M
est: 523.50M (-32.3%)
514.29M
est: 439.76M (+16.9%)
410.78M
est: 636.76M (-35.5%)
422.98M
est: 590.50M (-28.4%)
483.77M
est: 753.41M (-35.8%)
778.75M
778.75M – 778.75M
+3.4% YoY
1.13B
1.13B – 1.13B
+44.8% YoY
1.05B
1.05B – 1.05B
-7.3% YoY
1.33B
1.33B – 1.33B
+27.6% YoY
EPS
0.63
est: 0.33 (+90.9%)
3.73
est: 1.97 (+89.3%)
11.93
est: 4.12 (+189.6%)
16.49
est: 17.91 (-7.9%)
16.39
est: 17.21 (-4.8%)
16.42
est: 18.84 (-12.8%)
-14.49
est: 24.98 (-158.0%)
17.91
17.91 – 17.91
-28.3% YoY
17.21
17.21 – 17.21
-3.9% YoY
18.84
18.84 – 18.84
+9.5% YoY
24.98
24.98 – 24.98
+32.6% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-26 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-25 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-22 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-21 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-20 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-19 C- 1/5 1/5 1/5 1/5 1/5 1/5 4/5
2026-05-18 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-15 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-14 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-13 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-12 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-11 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-08 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-07 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-06 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-05 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-05-04 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-30 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-29 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-28 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-27 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-24 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-23 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-22 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-21 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-20 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-17 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5
2026-04-16 D+ 1/5 1/5 1/5 1/5 1/5 1/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.16B
OE per share TTM
12.29
Owner's Yield
12.57%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
74.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
276.2K
Shares Outstanding
97.59M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Arvind Singhania Chairman & Chief Executive Officer 43M male
Pradeep Kumar Rustagi Whole-Time Director & Executive Director of Corporate Affairs 14M male
Ayush Vardhan Singhania Head of Business Development & Marketing and Whole-Time Director 12M male
Sourabh Agarwal Chief Financial Officer 10M male
Vaibhav Jha Deputy Chief Executive Officer 7M male
Diwaker Dinesh Head of Legal 3M male
Poornima Gupta Company Secretary & Compliance Officer 2M female
Rajendra Singh Gaur Head of Manufacturing Operations male
Adhrua Minocha Chief Human Resources Officer female
K. K. Mangal General Manager of Sales & Marketing
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits