Ester Industries Ltd

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.

Ester Industries will hold a meeting of the Board of Directors of the Company on 13 May 2026.

Ester Industries Ltd gained 10.54% today to trade at Rs 78.15. The BSE Industrials index is up 3.54% to quote at 13703.74. The index is down 8.06 % over last one month. Among the other constituents of the index, Arrow Greentech Ltd increased 10.37% and Harsha Engineers International Ltd added 10.07% on the day. The BSE Industrials index went up 5.89 % over last one year compared to the 2.98% fall in benchmark SENSEX. Ester Industries Ltd has lost 22.39% over last one month compared to 8.06% fall in BSE Industrials index and 8.07% drop in the SENSEX. On the BSE, 1286 shares were traded in the counter so far compared with average daily volumes of 21570 shares in the past one month. The stock hit a record high of Rs 155.55 on 27 May 2025. The stock hit a 52-week low of Rs 68.8 on 30 Mar 2026.

Net loss of Ester Industries reported to Rs 12.41 crore in the quarter ended December 2025 as against net profit of Rs 24.82 crore during the previous quarter ended December 2024. Sales declined 1.91% to Rs 338.98 crore in the quarter ended December 2025 as against Rs 345.58 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales338.98345.58 -2 OPM %4.8517.22 - PBDT4.9748.49 -90 PBT-12.6831.35 PL NP-12.4124.82 PL Powered by Capital Market - Live

Ester Industries will hold a meeting of the Board of Directors of the Company on 6 February 2026.Powered by Capital Market - Live

 Loop Industries, Inc. (Nasdaq: LOOP), today announced that its India joint-venture Ester Loop Infinite Technologies (ELITe), formed in partnership with Ester Industries (NSE: ESTER), has awarded the detailed engineering contract for its Infinite Loop' India project to Toyo Engineering India, a globally recognized EPC firm with over four decades of experience executing large-scale industrial and petrochemical projects across India. This step follows the successful completion of front-end engineering design (FEED) by Tata Consulting Engineers, and represents the final engineering phase ahead of construction. The contract will cover the full scope of detailed design, procurement engineering, and technical documentation. The Infinite Loop' India manufacturing facility is strategically positioned to address demand in the packaging and textile sectors, designed with an annual production capacity of 70,000 metric tonnes of PET resin. The project is maintaining its anticipated construction timeline, with completion projected for end of 2027. The joint venture recently announced a multi-year offtake agreement signed with Nike, which is positioned as the facility's anchor customer. Project economics remain strong and confirm prudent capital discipline; specifically, realized savings of USD 5 million from land acquisition efforts ensure the facility is trending on budget. Further signaling strong market confidence, the debt financing process is running as per schedule, with multiple term sheets received from international lenders, representing a strong endorsement of the project's attractive economics. Commenting on the development, Arvind Singhania, Chairman & CEO, Ester Industries , said, 'Our detailed engineering partnership with Toyo marks a meaningful step forward in delivering India's first Infinite Loop facility. With the land secured and Nike confirmed as our anchor customer, the project now stands on a strong technical foundation with clear commercial visibility. Toyo brings proven engineering expertise, and together we are moving closer to building a world-class plant that can redefine PET recycling in India. This phase reinforces our commitment to driving circular economy solutions at scale.'Powered by Capital Market - Live