Ester Industries Ltd.
NSE: ESTER · Containers & Packaging
Sector
Containers & Packaging
Size band
Small cap
Market cap
804cr
P/E
65.5
ROE
4.8%
Dividend yield
0.7%
No price is shown on this page, live or delayed. It records what management said on the earnings call, and the company’s filings.
Measured against
Peer set
Containers & Packaging · 8 measured at Q1 FY27 · financials via Screener| Company | Operating margin | Revenue growth |
|---|---|---|
| Jindal Poly Films Ltd. | 1.4% | −23.9% |
| Texmaco Rail & Engineering Ltd. | 8.0% | −16.9% |
| AGI Greenpac Ltd. | 22.0% | 14.1% |
| Uflex Ltd. | 17.0% | 37.6% |
| TCPL Packaging Ltd. | 17.0% | 16.0% |
| Cosmo First Ltd. | 12.0% | 45.8% |
| Huhtamaki India Ltd. | 10.0% | 22.5% |
| Ester Industries Ltd. | 11.0% | 27.8% |
| Pyramid Technoplast Ltd. | 9.0% | 35.4% |
What management said
10 statements on recordEarnings call · Q1 FY27 · 24 Aug 2026
- VAS products proportion→about 50% to 60%· over the next 2 to 3 years
“Encouraged by the recent performance and positive outcomes of our strategic focus, we are targeting proportion of VAS products at about 50% to 60% over the next 2 to 3 years.”
- Specialty Polymer growth→CAGR of 20%· over the next 3 to 5 years
“We are targeting growth at a CAGR of 20% over the next 3 to 5 years in the Specialty Polymer segment.”
- ELITe facility commissioning→operational in CY 2028· CY 2028
“The facility is targeted to become operational in CY 2028 and will use Loop's proprietary depolymerization technology to convert 100% textile waste streams into virgin-quality monomers, which will then be polymerized into virgin-quality polyester resin.”
- Revenue→INR2,000 crores to INR2,200 crores· next 2 years to 3 years
“Yes. I think we are steadily marching towards that, and we should definitely be hitting there in next 2 years to 3 years.”
- VAS contribution→up to 35% contribution of VAS product· exit quarter
“See, we are seeing up to 35% contribution of VAS product out of our own -- up to the overall portfolio by the quarter end, I mean, in the exit quarter.”
- rPET capacity utilization→more than 100% of the rated capacity· exit quarter of this financial year
“And we are extremely confident that we will hit more than 100% of the rated capacity by the exit quarter of this financial year.”
- Debt repayment→around INR100 crores· this year
“So, this year, the debt repayment target is around INR100 crores.”
- Capex→apart from our sustenance and maintenance capex, we are not planning any major capex
“No. So, apart from our sustenance and maintenance capex, we are not planning any major capex.”
- Gross debt→INR620 crores· By the end of the year
“By the end of the year, we will have a gross debt of INR620 crores.”
- Specialty Polymer revenue/profitability→20% plus CAGR· going forward
“And then going forward, we should be hitting 20% plus CAGR.”
Taken from management commentary on the company’s earnings call and quoted verbatim. These are statements of intent made by the company, not forecasts by Bharatstox, and nothing here records whether they were met.
On air
2 calls · outcomes not trackedRecorded as stated on air, with the analyst's SEBI registration status where it was given. Anchor calls carry no registration and are marked. Bharatstox does not make, endorse or repeat these calls, and none of them is our view.
| Channel & show | Aired | Stated target | Stated stop | Outcome |
|---|---|---|---|---|
| Zee BusinessZee Business · no registration attached | 13 Aug | +12.7% | -11.8% | still open |
| Zee BusinessZee Business · no registration attached | 13 Aug | +16.2% | -9.1% | still open |
Shareholding
change across 4 filings| Category | Jun 26 | May 26 | Mar 26 | Dec 25 | Change |
|---|---|---|---|---|---|
| Promoters | 62.3 | 62.3 | 62.7 | 62.7 | −0.4 |
| Foreign institutions | 0.0 | 0.0 | 0.1 | 0.1 | −0.1 |
| Domestic institutions | 0.2 | 0.2 | 0.2 | 0.1 | +0.1 |
| Retail & others | 37.5 | 37.5 | 37.1 | 37.1 | +0.4 |
As filed with the exchange for the periods ending Dec 25 to Jun 26.
Filings
latest 25 of 328- Copy of Newspaper Publication7 Oct 2026
- Certificate under SEBI (Depositories and Participants) Regulations, 20187 Oct 2026
- Spurt in Volume1 Oct 2026
- Spurt in Volume30 Sept 2026RoutineGeneral
- Trading Window25 Sept 2026
- Credit Rating- Others25 Sept 2026
- Shareholders meeting24 Sept 2026
- Shareholders meeting24 Sept 2026
- Certificate under Regulation 74(5) of SEBI (DP) Regulations, 20189 Sept 2026
- Certificate under SEBI (Depositories and Participants) Regulations, 20189 Sept 2026
- Newspaper Publication on Notice of the 40th AGM and E-Voting Information3 Sept 2026
- Copy of Newspaper Publication3 Sept 2026
- Weblink of Notice of 40th Annual General Meeting along with Annual Report for the Financial Year 2025-262 Sept 2026
- Updates2 Sept 2026
- Notice of AGM held on 24th September 20262 Sept 2026
- Shareholders meeting2 Sept 2026
- Annual Report for the Financial Year 2025-26.2 Sept 2026
- Transcript of the Earnings Call held on 18th August 202624 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates24 Aug 2026
- Ayush Vardhan Singhania has informed the Exchange regarding Cancellation of earlier disclosure submitted on August 14th, 2026 under Regulation 10(5) in respect of acquisition under Regulation ....21 Aug 2026
- Disclosure under SEBI Takeover Regulations20 Aug 2026
- Updates20 Aug 2026
- Analysts/Institutional Investor Meet/Con. Call Updates18 Aug 2026
- Updates14 Aug 2026
- Disclosure under SEBI Takeover Regulations14 Aug 2026
The 25 most recent of 328 filings we hold for ESTER, back to January 2024. Every filing, by day.
Disclaimer
Guidance is quoted from management commentary on quarterly earnings calls; the words are the company's own and the targets are theirs, not ours. Peer comparisons use quarterly financials sourced from Screener, with every company measured at the same fiscal quarter; the peer set is companies sharing the same industry classification, and comparisons are descriptive, not a ranking or a view. Broadcast calls are reproduced as stated on air, attributed, with the analyst's SEBI registration status where given; they are not our calls and not our view. Filings are reproduced as companies filed them to the NSE and BSE; Bharatstox does not verify, endorse or comment on their contents. This page is for informational and educational purposes only and does not constitute investment advice, research, or a recommendation to buy or sell any security. Investing in securities markets is subject to market risks. Read all related documents carefully before investing.