Ester Industries Ltd

Ester Industries Ltd share price slipped 2.40% to Rs 87.14 after the company's net profit plunged by 57.89% to Rs 7.84 crore, while revenue from operations slightly gained 2.68% to Rs 443.76 crore in Q3FY26 over Q2FY26. The market capitalization of Packaging industry group stocks on BSE stood at Rs 51176.51 crore, jumping 17.20%. It has softened by 0.69% over last one week and edged lower by 1.33% in last one month while the market capitalization of Ester Industries Ltd has slipped by 0.64% and 1.45% in the same period respectively. Profit before tax (PBT) of Ester Industries Ltd stood at Rs 9.87 crore in Q3 FY26, nosediving by 157.28% year-on-year, and tanking 58.05% quarter-on-quarter. EBITDA came in at Rs 35 crore, rallying 194.99% YoY and retreating 11.24% sequentially. Total expenses inched up 5.07% to Rs 421.22 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 296.1 crore, growing marginally by 2.96% YoY, while employee benefits expense was at Rs 22.77 crore, dipping slightly 1.90% YoY. For the TTM ended FY26, revenue from operations inched higher 7.26% to Rs 1375.19 crore, while net profit tanked by 300.51% to Rs 27.47 crore, compared to previous TTM. EBITDA surged by 13047% to Rs 77.01 crore, and PBT collapsed by 187.31% to Rs 24.28 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 88.54 crore in FY26, as against Rs 112.19 crore in FY25. Ester Industries Ltd tumbled by 21.53% in last one year, underperforming the benchmark BSE Sensex which has slipped by 8.41% during the same period.

Ester Industries Ltd share price inched up 1% to Rs 89.28 after the company's net profit tanked by 57.89% to Rs 7.84 crore, while revenue from operations improved marginally 2.68% to Rs 443.76 crore in Q3FY26 over Q2FY26. The market capitalization of Packaging industry group stocks on BSE stood at Rs 51355.46 crore, surging by 17.24%. It has softened by 1.78% over last one week and edged lower by 2.68% in last one month while the market capitalization of Ester Industries Ltd has improved by 1.86% and 1.16% in the same period respectively. Profit before tax (PBT) of Ester Industries Ltd stood at Rs 9.87 crore in Q3 FY26, tumbling by 157.28% year-on-year, and tanking 58.05% quarter-on-quarter. EBITDA came in at Rs 35 crore, expanding by 194.99% YoY and retreating 11.24% sequentially. Total expenses saw a slight increase of 5.07% to Rs 421.22 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 296.1 crore, posting a minor increase of 2.96% YoY, while employee benefits expense was at Rs 22.77 crore, softening 1.90% YoY. For the TTM ended FY26, revenue from operations posted a slight growth of 7.26% to Rs 1375.19 crore, while net profit plunged by 300.51% to Rs 27.47 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 13047% to Rs 77.01 crore, and PBT collapsed by 187.31% to Rs 24.28 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 88.54 crore in FY26, as against Rs 112.19 crore in FY25. Ester Industries Ltd nosedived by 19.60% in last one year, underperforming the benchmark BSE Sensex which has eased by 9.87% during the same period.

Ester Industries Limited will hold a board meeting on November 3, 2026, to consider and approve the unaudited financial results for the quarter and half year ended September 30, 2026, along with a limited review report, according to a regulatory filing. The company will close the trading window for its securities for 48 hours following the announcement of the results, in compliance with SEBI regulations.

Ester Industries Ltd announced credit rating actions from multiple agencies regarding its long-term and short-term debt instruments. CRISIL Ratings has reaffirmed its ratings, assigning a long-term rating of "CRISIL AAA" (Stable) and a short-term rating of "CRISIL A1+" to the company's long-term bank loan facilities aggregating to Rs 1,200 crore and its short-term bank loan facilities aggregating to Rs 600 crore; India Ratings and Research has reaffirmed its ratings, assigning a long-term rating of "IND AAA" (Stable) to the company's long-term bank loan facilities aggregating to Rs 1,200 crore and a short-term rating of "IND A1+" to its short-term bank loan facilities aggregating to Rs 600 crore; CARE Ratings has reaffirmed its ratings, assigning a long-term rating of "CRISIL AAA" (Stable) to the company's long-term bank loan facilities aggregating to Rs 1,200 crore and a short-term rating of "CRISIL A1+" to its short-term bank loan facilities aggregating to Rs 600 crore, with no enhancements, assignments, or withdrawals reported by any of the agencies.

Ester Industries Limited will close its trading window for company shares from October 1, 2026, until 48 hours after the declaration of its unaudited financial results for the quarter and half-year ending September 30, 2026, in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s “Code of Conduct to Regulate, Monitor and Report Trading by Insiders.”

Ester Industries Ltd share price rallied 12.82% to Rs 99.09 after the company's net profit jumped 136.59% to Rs 18.62 crore, while revenue from operations gained significantly 25.69% to Rs 432.16 crore in Q2FY26 over Q1FY26. The market capitalization of Packaging industry group stocks on BSE stood at Rs 44294.72 crore, heading higher 10.82%. It has inched up 1.76% over last one week and surged by 17.80% in last one month while the market capitalization of Ester Industries Ltd has gained 13.36% and 9.38% in the same period respectively. Profit before tax (PBT) of Ester Industries Ltd stood at Rs 23.53 crore in Q2 FY26, tumbling by 717.59% year-on-year, and expanding by 149.26% quarter-on-quarter. EBITDA came in at Rs 40 crore, jumping 235.13% YoY and declining 2.90% sequentially. Total expenses jumped by 25.59% to Rs 400.88 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 287.59 crore, witnessing a sharp rise of 34.33% YoY, while employee benefits expense was at Rs 23.21 crore, ticking higher by 2.16% YoY. For the TTM ended FY26, revenue from operations surged 20.56% to Rs 1282.14 crore, while net profit witnessed a sharp fall of 111.32% to Rs 13.7 crore, compared to previous TTM. EBITDA tumbled by 5092% to Rs 130.29 crore, and PBT tanked by 120.60% to Rs 27.81 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 112.19 crore in FY26, as against Rs 43.78 crore in FY25. Ester Industries Ltd declined by 4.35% in last one year, significantly underperforming the benchmark BSE Sensex which has softened by 2.56% during the same period.

Ester Industries Limited informed the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) that Mas Services Limited, its transfer agent, has provided details of dematerialized shares for July 2026, in compliance with Securities and Exchange Board of India (Depositories and Participant) Regulations, 2018. The dematerialization count was 200 through NSDL and 450 through CDSL, with all share certificates having been mutilated and cancelled.

Ester Industries Limited will hold a board meeting on Tuesday, August 11, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026, along with a limited review report, and matters related to the company’s 40th Annual General Meeting; the trading window for the company’s securities will be closed for 48 hours following the results’ declaration, as per SEBI regulations.

Net profit of Ester Industries rose 301.53% to Rs 7.87 crore in the quarter ended March 2026 as against Rs 1.96 crore during the previous quarter ended March 2025. Sales rose 7.69% to Rs 343.82 crore in the quarter ended March 2026 as against Rs 319.26 crore during the previous quarter ended March 2025. For the full year,net loss reported to Rs 27.47 crore in the year ended March 2026 as against net profit of Rs 13.70 crore during the previous year ended March 2025. Sales rose 7.26% to Rs 1375.19 crore in the year ended March 2026 as against Rs 1282.14 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales343.82319.26 8 1375.191282.14 7 OPM %12.2211.42 -6.7611.46 - PBDT27.1023.46 16 45.6596.56 -53 PBT9.446.37 48 -24.2827.81 PL NP7.871.96 302 -27.4713.70 PL Powered by Capital Market - Live

Ester Industries announced that the Board of Directors of the Company at its meeting held on 13 May 2026, inter alia, have recommended the final dividend of Rs 0.25 per equity Share (i.e. 5%) , subject to the approval of the shareholders.