Ester Industries（500136）株式概要エステル・インダストリーズ社は、インド国内および海外でポリエステルフィルムの製造・販売を行っている。 詳細500136 ファンダメンタル分析スノーフレーク・スコア評価2/6将来の成長0/6過去の実績0/6財務の健全性2/6配当金3/6リスク分析過去5年間で収益は年間52.3%減少しました。 利払いは収益で十分にカバーされない 意味のある時価総額がありません ( ₹9B )不安定な配当実績 +1 さらなるリスクすべてのリスクチェックを見る500136 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹96.4144.2% 割安 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture-1b15b2016201920222025202620282031Revenue ₹15.4bEarnings ₹1.4bAdvancedSet Fair ValueView all narrativesEster Industries Limited 競合他社Bodal ChemicalsSymbol: BSE:524370Market cap: ₹8.7bKothari PetrochemicalsSymbol: NSEI:KOTHARIPETMarket cap: ₹7.8bAmines & PlasticizersSymbol: BSE:506248Market cap: ₹10.7bIndo Borax & ChemicalsSymbol: BSE:524342Market cap: ₹8.8b価格と性能株価の高値、安値、推移の概要Ester Industries過去の株価現在の株価₹96.4152週高値₹155.5552週安値₹68.80ベータ0.421ヶ月の変化3.57%3ヶ月変化-1.89%1年変化-19.86%3年間の変化-26.32%5年間の変化-33.33%IPOからの変化6,786.43%最新ニュースReported Earnings • May 15Full year 2026 earnings released: ₹2.83 loss per share (vs ₹1.46 profit in FY 2025)Full year 2026 results: ₹2.83 loss per share (down from ₹1.46 profit in FY 2025). Revenue: ₹13.9b (up 8.6% from FY 2025). Net loss: ₹274.7m (down 301% from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • May 08Ester Industries Limited to Report Q4, 2026 Results on May 13, 2026Ester Industries Limited announced that they will report Q4, 2026 results on May 13, 2026New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.12b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹9.12b market cap, or US$98.9m).Reported Earnings • Feb 07Third quarter 2026 earnings released: ₹1.27 loss per share (vs ₹2.64 profit in 3Q 2025)Third quarter 2026 results: ₹1.27 loss per share (down from ₹2.64 profit in 3Q 2025). Revenue: ₹3.39b (down 1.9% from 3Q 2025). Net loss: ₹124.1m (down 150% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 02Ester Industries Limited to Report Q3, 2026 Results on Feb 06, 2026Ester Industries Limited announced that they will report Q3, 2026 results on Feb 06, 2026New Risk • Jan 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹9.00b market cap, or US$99.6m).最新情報をもっと見るRecent updatesReported Earnings • May 15Full year 2026 earnings released: ₹2.83 loss per share (vs ₹1.46 profit in FY 2025)Full year 2026 results: ₹2.83 loss per share (down from ₹1.46 profit in FY 2025). Revenue: ₹13.9b (up 8.6% from FY 2025). Net loss: ₹274.7m (down 301% from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • May 08Ester Industries Limited to Report Q4, 2026 Results on May 13, 2026Ester Industries Limited announced that they will report Q4, 2026 results on May 13, 2026New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.12b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹9.12b market cap, or US$98.9m).Reported Earnings • Feb 07Third quarter 2026 earnings released: ₹1.27 loss per share (vs ₹2.64 profit in 3Q 2025)Third quarter 2026 results: ₹1.27 loss per share (down from ₹2.64 profit in 3Q 2025). Revenue: ₹3.39b (down 1.9% from 3Q 2025). Net loss: ₹124.1m (down 150% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 02Ester Industries Limited to Report Q3, 2026 Results on Feb 06, 2026Ester Industries Limited announced that they will report Q3, 2026 results on Feb 06, 2026New Risk • Jan 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹9.00b market cap, or US$99.6m).Reported Earnings • Nov 16Second quarter 2026 earnings released: ₹1.62 loss per share (vs ₹0.32 profit in 2Q 2025)Second quarter 2026 results: ₹1.62 loss per share (down from ₹0.32 profit in 2Q 2025). Revenue: ₹3.57b (up 7.9% from 2Q 2025). Net loss: ₹157.8m (down ₹188.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.お知らせ • Nov 11Ester Industries Limited to Report Q2, 2026 Results on Nov 14, 2025Ester Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025お知らせ • Sep 26Ester Industries Limited Approves Final Dividend for the Financial Year Ended 31st March 2025Ester Industries Limited at its AGM held on September 26, 2025, approved the final dividend of INR 0.60/- per equity share of INR 5/- each for the financial year ended 31st March 2025.Upcoming Dividend • Sep 12Upcoming dividend of ₹0.60 per shareEligible shareholders must have bought the stock before 19 September 2025. Payment date: 24 October 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%).お知らせ • Jul 31Ester Industries Limited, Annual General Meeting, Sep 26, 2025Ester Industries Limited, Annual General Meeting, Sep 26, 2025, at 12:00 Indian Standard Time.Reported Earnings • Jul 31First quarter 2026 earnings released: ₹0.74 loss per share (vs ₹1.71 loss in 1Q 2025)First quarter 2026 results: ₹0.74 loss per share (improved from ₹1.71 loss in 1Q 2025). Revenue: ₹3.47b (up 21% from 1Q 2025). Net loss: ₹71.6m (loss narrowed 56% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.お知らせ • Jul 25Ester Industries Limited to Report Q1, 2026 Results on Jul 30, 2025Ester Industries Limited announced that they will report Q1, 2026 results on Jul 30, 2025New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 51% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).Reported Earnings • May 22Full year 2025 earnings released: EPS: ₹1.46 (vs ₹14.50 loss in FY 2024)Full year 2025 results: EPS: ₹1.46 (up from ₹14.50 loss in FY 2024). Revenue: ₹13.0b (up 22% from FY 2024). Net income: ₹137.0m (up ₹1.35b from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.お知らせ • May 16Ester Industries Limited to Report Q4, 2025 Results on May 21, 2025Ester Industries Limited announced that they will report Q4, 2025 results on May 21, 2025お知らせ • Mar 31Sandeep Dinodia Ceases to Be Independent Director of Ester Industries Limited, Effective 31 March 2025Ester Industries Limited informed that Mr. Sandeep Dinodia ceased to be Independent Director of the Company upon completion of his second term of 5 (Five) consecutive years at the close of business hours on 31 March 2025.Reported Earnings • Feb 06Third quarter 2025 earnings released: EPS: ₹2.64 (vs ₹5.37 loss in 3Q 2024)Third quarter 2025 results: EPS: ₹2.64 (up from ₹5.37 loss in 3Q 2024). Revenue: ₹3.51b (up 31% from 3Q 2024). Net income: ₹248.2m (up ₹696.3m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.お知らせ • Jan 31Ester Industries Limited to Report Q3, 2025 Results on Feb 05, 2025Ester Industries Limited announced that they will report Q3, 2025 results on Feb 05, 2025New Risk • Jan 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding).お知らせ • Jan 10Ester Industries Limited Announces Resignation of Yatin P. Sheth as Chief Marketing Officer (Speciality Polymers)Ester Industries Limited announced that Mr. Yatin P. Sheth, Chief Marketing Officer (Speciality Polymers), designated as Senior Management Personnel, has tendered his resignation from the said position with effect from 9th January 2025 and he shall be relieved from his responsibilities from close of business hours on 7th March 2025.Reported Earnings • Nov 07Second quarter 2025 earnings released: EPS: ₹0.32 (vs ₹3.65 loss in 2Q 2024)Second quarter 2025 results: EPS: ₹0.32 (up from ₹3.65 loss in 2Q 2024). Revenue: ₹3.34b (up 28% from 2Q 2024). Net income: ₹30.2m (up ₹334.6m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.お知らせ • Nov 05Ester Industries Limited Announces the Resignation of Anshuman Mahato as Chief Human Resources OfficerEster Industries Limited announced the resignation of Mr. Anshuman Mahato as Chief Human Resources Officer to pursue new growth opportunities that have come my way.お知らせ • Oct 29Ester Industries Limited to Report Q2, 2025 Results on Nov 06, 2024Ester Industries Limited announced that they will report Q2, 2025 results on Nov 06, 2024お知らせ • Sep 04Ester Industries Limited Decides Not to Recommend Any Dividend for the Financial Year 2023-24Ester Industries Limited announced that due to losses incurred during the year under review, directors have decided not to recommend any dividend for the financial year 2023-24.お知らせ • Aug 27Ester Industries Limited Announces Resignation of Girish Behal as Business Head-Polyester Films SBUEster Industries Limited announced that Mr. Girish Behal, Business Head-Polyester Films SBU, designated as Senior Management Personnel, has tendered his resignation from the said position. He shall be relieved from his responsibilities at the earliest as per the applicable policies of the Company.お知らせ • Aug 13Ester Industries Limited, Annual General Meeting, Sep 27, 2024Ester Industries Limited, Annual General Meeting, Sep 27, 2024.Reported Earnings • Aug 13First quarter 2025 earnings released: ₹1.71 loss per share (vs ₹2.65 loss in 1Q 2024)First quarter 2025 results: ₹1.71 loss per share (improved from ₹2.65 loss in 1Q 2024). Revenue: ₹2.92b (up 14% from 1Q 2024). Net loss: ₹161.0m (loss narrowed 27% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.お知らせ • Aug 05Ester Industries Limited to Report Q1, 2025 Results on Aug 12, 2024Ester Industries Limited announced that they will report Q1, 2025 results on Aug 12, 2024Reported Earnings • May 23Full year 2024 earnings released: ₹14.49 loss per share (vs ₹1.40 profit in FY 2023)Full year 2024 results: ₹14.49 loss per share (down from ₹1.40 profit in FY 2023). Revenue: ₹10.9b (down 2.1% from FY 2023). Net loss: ₹1.21b (down ₹1.33b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.お知らせ • May 16Ester Industries Limited to Report Q4, 2024 Results on May 22, 2024Ester Industries Limited announced that they will report Q4, 2024 results on May 22, 2024New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.1% operating cash flow to total debt). Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding).お知らせ • Mar 29Ester Industries Limited announced that it has received INR 998.99965 million in funding from RJ Corp Limited, Modi Rubber LimitedOn March 28, 2024, Ester Industries Limited closed the transaction.お知らせ • Mar 21Ester Industries Limited Approves Board AppointmentsEster Industries Limited approved appointment of Mr. Atul Aggarwal and Mr. Alok Dhir as an independent directors of the company.お知らせ • Feb 16Ester Industries Limited announced that it expects to receive INR 998.99965 million in funding from RJ Corp Limited, Modi Rubber Limited and other investorsEster Industries Limited announced a private placement of 10,560,250 equity shares of face value of INR 5 per equity share at an issue price of INR 94.60 for the gross proceeds of up to INR 998,999,650 on February 14, 2024. The transaction will include participation from new investors Arvind Singhania for 2,632,135 shares for INR 249,000,000, Modi Rubber Limited for 2,642,705 shares for INR 250,000,000, Kamalesh Jayant Shah for 2,642,705 shares for INR 250,000,000 and RJ Corp Limited for 2,642,705 shares for INR 250,000,000. The transaction has been approved by the shareholders of the company and is subject to shareholders’ approval.Reported Earnings • Feb 16Third quarter 2024 earnings released: ₹5.37 loss per share (vs ₹1.11 loss in 3Q 2023)Third quarter 2024 results: ₹5.37 loss per share (further deteriorated from ₹1.11 loss in 3Q 2023). Revenue: ₹2.72b (up 41% from 3Q 2023). Net loss: ₹448.2m (loss widened 384% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.お知らせ • Feb 10Ester Industries Limited to Report Q3, 2024 Results on Feb 14, 2024Ester Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024New Risk • Nov 09New major risk - Revenue and earnings growthEarnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.1% operating cash flow to total debt). Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹7.31b market cap, or US$87.8m).お知らせ • Oct 28Ester Industries Limited to Report Q2, 2024 Results on Nov 07, 2023Ester Industries Limited announced that they will report Q2, 2024 results on Nov 07, 2023お知らせ • Sep 29Ester Industries Limited Approves Final Dividend for the Financial Year Ended 31St March, 2023Ester Industries Limited approved final dividend of INR 0.50/- per equity share of INR 5/- each for the financial year ended 31st March, 2023 at its AGM held on 27th September, 2023.Upcoming Dividend • Sep 13Upcoming dividend of ₹0.50 per share at 0.5% yieldEligible shareholders must have bought the stock before 20 September 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.8%).Reported Earnings • Aug 12First quarter 2024 earnings released: ₹2.65 loss per share (vs ₹4.02 profit in 1Q 2023)First quarter 2024 results: ₹2.65 loss per share (down from ₹4.02 profit in 1Q 2023). Revenue: ₹2.67b (down 18% from 1Q 2023). Net loss: ₹220.6m (down 166% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.お知らせ • Aug 12+ 1 more updateEster Industries Limited Approves the Appointment of Yatin Sheth as Head Marketing & Business Development-Specialty Polymers, Effective 16 October, 2023Ester Industries Limited at its meeting held on 11 August, 2023 approved the appointment of Mr. Yatin Sheth as Head Marketing & Business Development-Specialty Polymers of the Company. He will be joining the Company on 16 October, 2023.お知らせ • Aug 04Ester Industries Limited to Report Q1, 2024 Results on Aug 11, 2023Ester Industries Limited announced that they will report Q1, 2024 results on Aug 11, 2023お知らせ • Jul 12Ester Industries Limited Appoints Ms. Poornima Gupta as Company Secretary and Compliance OfficerBoard of Directors of Ester Industries Limited at their meeting held on 12th July, 2023, has appointed Ms. Poornima Gupta as Company Secretary and Compliance officer (Key Managerial Personnel) of the Company with effect from 12th July, 2023. Mr. Pradeep Kumar Rustagi, Executive Director - Corporate Affairs who was officiated as the Compliance officer as an interim measure has been relieved from the said position w.e.f. 12th July, 2023. Ms. Poornima Gupta is a Qualified Company Secretary (Membership No. A-49876) with more than 8 years of rich experience in the core secretarial activities, listing compliances, SEBI laws and other allied activities. Prior to joining Ester, she was associated with some reputed organizations like New Delhi Television Limited (NDTV), Balaji Telefilms Limited Hindustan Unilever Limited (HUL) and other Public Limited companies.お知らせ • Jun 01Ester Industries Limited Recommends Final Dividend for the Financial Year Ended on 31 March 2023Ester Industries Limited at its meeting held on June 1, 2023, recommended final dividend of INR 0.50 per equity share having face value of INR 5 each (10%) for the financial year ended on March 31, 2023, subject to the approval of the shareholders of the Company in the forthcoming Annual General Meeting.Reported Earnings • May 27Full year 2023 earnings released: EPS: ₹1.40 (vs ₹16.39 in FY 2022)Full year 2023 results: EPS: ₹1.40 (down from ₹16.39 in FY 2022). Revenue: ₹11.3b (down 20% from FY 2022). Net income: ₹116.8m (down 92% from FY 2022). Profit margin: 1.0% (down from 9.7% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.お知らせ • May 19Ester Industries Limited to Report Q4, 2023 Results on May 26, 2023Ester Industries Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 26, 2023Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹133, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 416% over the past three years.Board Change • May 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Head of Business Development & Marketing and Whole-Time Director Ayush Singhania was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Feb 15Second quarter 2023 earnings released: EPS: ₹0.55 (vs ₹3.88 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.55 (down from ₹3.88 in 2Q 2022). Revenue: ₹3.02b (down 9.2% from 2Q 2022). Net income: ₹46.0m (down 86% from 2Q 2022). Profit margin: 1.5% (down from 9.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.Valuation Update With 7 Day Price Move • Feb 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹101, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 173% over the past three years.お知らせ • Feb 01Ester Industries Limited to Report Q3, 2023 Results on Feb 14, 2023Ester Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023お知らせ • Jan 31Ester Industries Limited Announces Resignation of Diwaker Dinesh as Company Secretary and Compliance Officer, Effective January 31, 2023Ester Industries Limited announced that Mr. Diwaker Dinesh, Head-Legal & Company Secretary, has tendered his resignation from the position of Company Secretary and Compliance Officer of the company with effect from the close of business hours of January 31, 2023.Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹134, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 322% over the past three years.Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹0.55 (vs ₹3.88 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.55 (down from ₹3.88 in 2Q 2022). Revenue: ₹3.06b (down 8.0% from 2Q 2022). Net income: ₹46.0m (down 86% from 2Q 2022). Profit margin: 1.5% (down from 9.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Nov 09Ester Industries Limited to Report Q2, 2023 Results on Nov 14, 2022Ester Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹183, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 529% over the past three years.お知らせ • Sep 16Radici Plastics India Pvt. Ltd. completed the acquisition of Engineering Plastics Business of Ester Industries Limited (BSE:500136).Radici Plastics India Pvt. Ltd. signed a business transfer agreement to acquire Engineering Plastics Business of Ester Industries Limited (BSE:500136) for INR 2.9 billion on May 6, 2022. The consideration will be paid in cash. During the financial year 2020-21, Engineering Plastics Business reported a turnover of INR 2.05 billion. The transaction has been approved by the Board of Directors of Ester and is subject to the approval of shareholders, lenders, and other necessary approvals. Date of completion of Sale will be required to be completed on or before October 15, 2022. Srinath Dasari, Nohid Nooreyezdan, Nanditha Gopal, Aditya Singh Chandel, Bharat Budholia and Veena Gopalakrishnan of AZB & Partners served as legal advisor to Radici Plastics India Pvt. Ltd. Radici Plastics India Pvt. Ltd. completed the acquisition of Engineering Plastics Business of Ester Industries Limited (BSE:500136) on September 15, 2022.Upcoming Dividend • Sep 13Upcoming dividend of ₹1.90 per shareEligible shareholders must have bought the stock before 20 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%).お知らせ • Aug 31Ester Industries Limited Announces Resignation of Manish Gupta as Chief Financial OfficerEster Industries Limited announced that Mr. Manish Gupta has tendered his resignation as the Chief Financial Officer of the Company with effect from close of business hours on 29th August, 2022 due to personal reasons.お知らせ • Aug 13Ester Industries Limited, Annual General Meeting, Sep 28, 2022Ester Industries Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Agenda: Annual General Meeting.Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: ₹4.02 (vs ₹4.43 in 1Q 2022)First quarter 2023 results: EPS: ₹4.02 (down from ₹4.43 in 1Q 2022). Revenue: ₹3.27b (up 2.4% from 1Q 2022). Net income: ₹335.9m (down 9.1% from 1Q 2022). Profit margin: 10% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Aug 03Ester Industries Limited to Report Q1, 2023 Results on Aug 10, 2022Ester Industries Limited announced that they will report Q1, 2023 results on Aug 10, 2022Reported Earnings • May 22Full year 2022 earnings released: EPS: ₹16.39 (vs ₹16.49 in FY 2021)Full year 2022 results: EPS: ₹16.39 (down from ₹16.49 in FY 2021). Net income: ₹1.37b (flat on FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 21Ester Industries Limited Recommends Final Dividend for the Year Ended on March 31, 2022Ester Industries Limited at its board meeting held on May 20, 2022, recommended of final dividend of INR 1.90 per equity share for the year ended on March 31, 2022, subject to the approval of the shareholders of the Company in the forthcoming Annual General Meeting.お知らせ • May 14Ester Industries Limited to Report Q4, 2022 Results on May 20, 2022Ester Industries Limited announced that they will report Q4, 2022 results on May 20, 2022お知らせ • May 08Radici Plastics India Pvt. Ltd. signed a business transfer agreement to acquire Engineering Plastics Business of Ester Industries Limited (BSE:500136) for INR 2.9 billion.Radici Plastics India Pvt. Ltd. signed a business transfer agreement to acquire Engineering Plastics Business of Ester Industries Limited (BSE:500136) for INR 2.9 billion on May 6, 2022. The consideration will be paid in cash. During the financial year 2020-21, Engineering Plastics Business reported a turnover of INR 2.05 billion. The transaction has been approved by the Board of Directors of Ester and is subject to the approval of shareholders, lenders, and other necessary approvals. Date of completion of Sale will be required to be completed on or before October 15, 2022.Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹176, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 447% over the past three years.Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹4.14 (up from ₹3.78 in 3Q 2021). Revenue: ₹3.66b (up 43% from 3Q 2021). Net income: ₹345.2m (up 9.5% from 3Q 2021). Profit margin: 9.4% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • Feb 04Ester Industries Limited Replaces Pradeep Kumar Rustagi with Manish Gupta as Chief Financial OfficerEster Industries Limited replaced Pradeep Kumar Rustagi with Manish Gupta as Chief Financial Officer (Key Managerial Personnel). The resignation of Pradeep Kumar Rustagi is effective from February 3, 2022 (close of business hours) and appointment of Manish Gupta is effective from February 4, 2022. Manish has completed Chartered Accountant from Institute of Chartered Accountants of India in 2004. He has over 20 years of experience in steering financial operations across various industries.Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS ₹3.88 (vs ₹5.30 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹3.33b (up 33% from 2Q 2021). Net income: ₹323.4m (down 27% from 2Q 2021). Profit margin: 9.7% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 51% per year.Board Change • Sep 14Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive & Independent Director Padmaja Ruparel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Board Change • Sep 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive & Independent Director Padmaja Ruparel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 10Upcoming dividend of ₹1.90 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 25 October 2021. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%).Board Change • Sep 09Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive & Independent Director Padmaja Ruparel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Aug 10First quarter 2022 earnings released: EPS ₹4.43 (vs ₹3.52 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹3.21b (up 70% from 1Q 2021). Net income: ₹369.3m (up 26% from 1Q 2021). Profit margin: 12% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Reported Earnings • May 22Full year 2021 earnings released: EPS ₹16.49 (vs ₹11.93 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹10.00b (down 3.8% from FY 2020). Net income: ₹1.37b (up 38% from FY 2020). Profit margin: 14% (up from 9.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹142, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 123% over the past three years.Is New 90 Day High Low • Feb 21New 90-day low: ₹100The company is down 24% from its price of ₹133 on 21 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS ₹3.78 (vs ₹2.33 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.56b (up 3.8% from 3Q 2020). Net income: ₹315.3m (up 63% from 3Q 2020). Profit margin: 12% (up from 7.9% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.Is New 90 Day High Low • Jan 27New 90-day low: ₹108The company is down 12% from its price of ₹123 on 29 October 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period.お知らせ • Jan 19Ester Industries Limited to Report Q3, 2021 Results on Feb 01, 2021Ester Industries Limited announced that they will report Q3, 2021 results on Feb 01, 2021Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 15% share price gain to ₹129, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 16x in the Chemicals industry in India. Total returns to shareholders over the past three years are 265%.Is New 90 Day High Low • Nov 18New 90-day high: ₹129The company is up 68% from its price of ₹76.45 on 20 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.Reported Earnings • Oct 28First half earnings releasedOver the last 12 months the company has reported total profits of ₹1.30b, up 118% from the prior year. Total revenue was ₹9.39b over the last 12 months, down 12% from the prior year.Valuation Update With 7 Day Price Move • Oct 22Market bids up stock over the past weekAfter last week's 30% share price gain to ₹120, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 15x in the Chemicals industry in India. Total returns to shareholders over the past three years are 198%.Is New 90 Day High Low • Oct 22New 90-day high: ₹120The company is up 116% from its price of ₹55.70 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period.Is New 90 Day High Low • Oct 05New 90-day high: ₹81.30The company is up 46% from its price of ₹55.50 on 07 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period.株主還元500136IN ChemicalsIN 市場7D-4.0%-1.7%-2.8%1Y-19.9%-2.6%-1.2%株主還元を見る業界別リターン: 500136過去 1 年間で-2.6 % の収益を上げたIndian Chemicals業界を下回りました。リターン対市場: 500136は、過去 1 年間で-1.2 % のリターンを上げたIndian市場を下回りました。価格変動Is 500136's price volatile compared to industry and market?500136 volatility500136 Average Weekly Movement9.8%Chemicals Industry Average Movement7.1%Market Average Movement7.1%10% most volatile stocks in IN Market10.1%10% least volatile stocks in IN Market4.8%安定した株価: 500136の株価は、 Indian市場と比較して過去 3 か月間で変動しています。時間の経過による変動: 500136の weekly volatility ( 10% ) は過去 1 年間安定していますが、依然としてIndianの株式の 75% よりも高くなっています。会社概要設立従業員CEO（最高経営責任者ウェブサイト1985521Arvind Singhaniawww.esterindustries.comエステル・インダストリーズ社は、インド国内および海外でポリエステルフィルムの製造・販売を行っている。同社が提供するポリエステルフィルムは、特殊ケミカルコーティング、メタライズド・ハイバリア、ウルトラハイバリア、透明ハイバリア、等方性、ヒートシール、レトルト、シュリンクスリーブ、マット、UV安定化、白色不透明、ゴールド、エンボス加工、高透明、高摩擦、絶縁、ツイスト、帯電防止、片面マット片面光沢、防曇、防曇シール剥離可能、アンチモンフリー、生物分解性、耐薬品性、デジタル印刷、ダイレクトUVオフセット印刷可能ポリエステル、EVAコート、難燃性、低摩擦シルキーマット、低放射率、乳白色、オキソ生分解性、PVDCコート、ポストコンシューマーリサイクル、プリプライム、剥離／転写、レトルト、シール可能剥離、シルキーマット、ストレート引裂ポリエチレンテレフタレート（PET）、熱成形可能、ベルベットタッチ、ウィンドウメタライズフィルム、印刷、コンバーティング、メタライジングフィルム。さらに、マスターバッチ、テクニカルヤーン、繊維用途のテキスタイルグレード、食品・包装用途のPET、ポリエステルチップを含む特殊ポリマーも提供している。食品包装、飲料包装、ホームケア、パーソナルケア、工業包装、建築、識別・セキュリティ、自動車、電気・電子、家電、消費財・工業製品、カーペット、繊維産業の市場に製品を供給している。また、製品の輸出も行っている。1985年に設立され、本社はインドのグルグラムにある。エステル・インダストリーはウィレミナ・ファイナンス・コーポレー ションの子会社である。もっと見るEster Industries Limited 基礎のまとめEster Industries の収益と売上を時価総額と比較するとどうか。500136 基礎統計学時価総額₹9.41b収益（TTM）-₹274.71m売上高(TTM)₹13.93b0.7xP/Sレシオ-34.2xPER（株価収益率500136 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計500136 損益計算書（TTM）収益₹13.93b売上原価₹8.84b売上総利益₹5.09bその他の費用₹5.36b収益-₹274.71m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）-2.82グロス・マージン36.54%純利益率-1.97%有利子負債／自己資本比率93.1%500136 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.6%現在の配当利回り41%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/18 02:01終値2026/05/18 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Ester Industries Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • May 15Full year 2026 earnings released: ₹2.83 loss per share (vs ₹1.46 profit in FY 2025)Full year 2026 results: ₹2.83 loss per share (down from ₹1.46 profit in FY 2025). Revenue: ₹13.9b (up 8.6% from FY 2025). Net loss: ₹274.7m (down 301% from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • May 08Ester Industries Limited to Report Q4, 2026 Results on May 13, 2026Ester Industries Limited announced that they will report Q4, 2026 results on May 13, 2026
New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.12b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹9.12b market cap, or US$98.9m).
Reported Earnings • Feb 07Third quarter 2026 earnings released: ₹1.27 loss per share (vs ₹2.64 profit in 3Q 2025)Third quarter 2026 results: ₹1.27 loss per share (down from ₹2.64 profit in 3Q 2025). Revenue: ₹3.39b (down 1.9% from 3Q 2025). Net loss: ₹124.1m (down 150% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 02Ester Industries Limited to Report Q3, 2026 Results on Feb 06, 2026Ester Industries Limited announced that they will report Q3, 2026 results on Feb 06, 2026
New Risk • Jan 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹9.00b market cap, or US$99.6m).
Reported Earnings • May 15Full year 2026 earnings released: ₹2.83 loss per share (vs ₹1.46 profit in FY 2025)Full year 2026 results: ₹2.83 loss per share (down from ₹1.46 profit in FY 2025). Revenue: ₹13.9b (up 8.6% from FY 2025). Net loss: ₹274.7m (down 301% from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • May 08Ester Industries Limited to Report Q4, 2026 Results on May 13, 2026Ester Industries Limited announced that they will report Q4, 2026 results on May 13, 2026
New Risk • Mar 09New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.12b (US$98.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). Earnings have declined by 53% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₹9.12b market cap, or US$98.9m).
Reported Earnings • Feb 07Third quarter 2026 earnings released: ₹1.27 loss per share (vs ₹2.64 profit in 3Q 2025)Third quarter 2026 results: ₹1.27 loss per share (down from ₹2.64 profit in 3Q 2025). Revenue: ₹3.39b (down 1.9% from 3Q 2025). Net loss: ₹124.1m (down 150% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 02Ester Industries Limited to Report Q3, 2026 Results on Feb 06, 2026Ester Industries Limited announced that they will report Q3, 2026 results on Feb 06, 2026
New Risk • Jan 14New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: ₹9.00b (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.3x net interest cover). Earnings have declined by 52% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Market cap is less than US$100m (₹9.00b market cap, or US$99.6m).
Reported Earnings • Nov 16Second quarter 2026 earnings released: ₹1.62 loss per share (vs ₹0.32 profit in 2Q 2025)Second quarter 2026 results: ₹1.62 loss per share (down from ₹0.32 profit in 2Q 2025). Revenue: ₹3.57b (up 7.9% from 2Q 2025). Net loss: ₹157.8m (down ₹188.0m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 11Ester Industries Limited to Report Q2, 2026 Results on Nov 14, 2025Ester Industries Limited announced that they will report Q2, 2026 results on Nov 14, 2025
お知らせ • Sep 26Ester Industries Limited Approves Final Dividend for the Financial Year Ended 31st March 2025Ester Industries Limited at its AGM held on September 26, 2025, approved the final dividend of INR 0.60/- per equity share of INR 5/- each for the financial year ended 31st March 2025.
Upcoming Dividend • Sep 12Upcoming dividend of ₹0.60 per shareEligible shareholders must have bought the stock before 19 September 2025. Payment date: 24 October 2025. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.2%). Lower than average of industry peers (0.7%).
お知らせ • Jul 31Ester Industries Limited, Annual General Meeting, Sep 26, 2025Ester Industries Limited, Annual General Meeting, Sep 26, 2025, at 12:00 Indian Standard Time.
Reported Earnings • Jul 31First quarter 2026 earnings released: ₹0.74 loss per share (vs ₹1.71 loss in 1Q 2025)First quarter 2026 results: ₹0.74 loss per share (improved from ₹1.71 loss in 1Q 2025). Revenue: ₹3.47b (up 21% from 1Q 2025). Net loss: ₹71.6m (loss narrowed 56% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 25Ester Industries Limited to Report Q1, 2026 Results on Jul 30, 2025Ester Industries Limited announced that they will report Q1, 2026 results on Jul 30, 2025
New Risk • May 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.4x net interest cover). Earnings have declined by 51% per year over the past 5 years. Minor Risk Share price has been volatile over the past 3 months (9.6% average weekly change).
Reported Earnings • May 22Full year 2025 earnings released: EPS: ₹1.46 (vs ₹14.50 loss in FY 2024)Full year 2025 results: EPS: ₹1.46 (up from ₹14.50 loss in FY 2024). Revenue: ₹13.0b (up 22% from FY 2024). Net income: ₹137.0m (up ₹1.35b from FY 2024). Profit margin: 1.1% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 80 percentage points per year, which is a significant difference in performance.
お知らせ • May 16Ester Industries Limited to Report Q4, 2025 Results on May 21, 2025Ester Industries Limited announced that they will report Q4, 2025 results on May 21, 2025
お知らせ • Mar 31Sandeep Dinodia Ceases to Be Independent Director of Ester Industries Limited, Effective 31 March 2025Ester Industries Limited informed that Mr. Sandeep Dinodia ceased to be Independent Director of the Company upon completion of his second term of 5 (Five) consecutive years at the close of business hours on 31 March 2025.
Reported Earnings • Feb 06Third quarter 2025 earnings released: EPS: ₹2.64 (vs ₹5.37 loss in 3Q 2024)Third quarter 2025 results: EPS: ₹2.64 (up from ₹5.37 loss in 3Q 2024). Revenue: ₹3.51b (up 31% from 3Q 2024). Net income: ₹248.2m (up ₹696.3m from 3Q 2024). Profit margin: 7.1% (up from net loss in 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance.
お知らせ • Jan 31Ester Industries Limited to Report Q3, 2025 Results on Feb 05, 2025Ester Industries Limited announced that they will report Q3, 2025 results on Feb 05, 2025
New Risk • Jan 13New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 46% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding).
お知らせ • Jan 10Ester Industries Limited Announces Resignation of Yatin P. Sheth as Chief Marketing Officer (Speciality Polymers)Ester Industries Limited announced that Mr. Yatin P. Sheth, Chief Marketing Officer (Speciality Polymers), designated as Senior Management Personnel, has tendered his resignation from the said position with effect from 9th January 2025 and he shall be relieved from his responsibilities from close of business hours on 7th March 2025.
Reported Earnings • Nov 07Second quarter 2025 earnings released: EPS: ₹0.32 (vs ₹3.65 loss in 2Q 2024)Second quarter 2025 results: EPS: ₹0.32 (up from ₹3.65 loss in 2Q 2024). Revenue: ₹3.34b (up 28% from 2Q 2024). Net income: ₹30.2m (up ₹334.6m from 2Q 2024). Profit margin: 0.9% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 107 percentage points per year, which is a significant difference in performance.
お知らせ • Nov 05Ester Industries Limited Announces the Resignation of Anshuman Mahato as Chief Human Resources OfficerEster Industries Limited announced the resignation of Mr. Anshuman Mahato as Chief Human Resources Officer to pursue new growth opportunities that have come my way.
お知らせ • Oct 29Ester Industries Limited to Report Q2, 2025 Results on Nov 06, 2024Ester Industries Limited announced that they will report Q2, 2025 results on Nov 06, 2024
お知らせ • Sep 04Ester Industries Limited Decides Not to Recommend Any Dividend for the Financial Year 2023-24Ester Industries Limited announced that due to losses incurred during the year under review, directors have decided not to recommend any dividend for the financial year 2023-24.
お知らせ • Aug 27Ester Industries Limited Announces Resignation of Girish Behal as Business Head-Polyester Films SBUEster Industries Limited announced that Mr. Girish Behal, Business Head-Polyester Films SBU, designated as Senior Management Personnel, has tendered his resignation from the said position. He shall be relieved from his responsibilities at the earliest as per the applicable policies of the Company.
お知らせ • Aug 13Ester Industries Limited, Annual General Meeting, Sep 27, 2024Ester Industries Limited, Annual General Meeting, Sep 27, 2024.
Reported Earnings • Aug 13First quarter 2025 earnings released: ₹1.71 loss per share (vs ₹2.65 loss in 1Q 2024)First quarter 2025 results: ₹1.71 loss per share (improved from ₹2.65 loss in 1Q 2024). Revenue: ₹2.92b (up 14% from 1Q 2024). Net loss: ₹161.0m (loss narrowed 27% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 05Ester Industries Limited to Report Q1, 2025 Results on Aug 12, 2024Ester Industries Limited announced that they will report Q1, 2025 results on Aug 12, 2024
Reported Earnings • May 23Full year 2024 earnings released: ₹14.49 loss per share (vs ₹1.40 profit in FY 2023)Full year 2024 results: ₹14.49 loss per share (down from ₹1.40 profit in FY 2023). Revenue: ₹10.9b (down 2.1% from FY 2023). Net loss: ₹1.21b (down ₹1.33b from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance.
お知らせ • May 16Ester Industries Limited to Report Q4, 2024 Results on May 22, 2024Ester Industries Limited announced that they will report Q4, 2024 results on May 22, 2024
New Risk • Apr 22New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 9.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.1% operating cash flow to total debt). Earnings have declined by 17% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (9.3% average weekly change). Shareholders have been diluted in the past year (13% increase in shares outstanding).
お知らせ • Mar 29Ester Industries Limited announced that it has received INR 998.99965 million in funding from RJ Corp Limited, Modi Rubber LimitedOn March 28, 2024, Ester Industries Limited closed the transaction.
お知らせ • Mar 21Ester Industries Limited Approves Board AppointmentsEster Industries Limited approved appointment of Mr. Atul Aggarwal and Mr. Alok Dhir as an independent directors of the company.
お知らせ • Feb 16Ester Industries Limited announced that it expects to receive INR 998.99965 million in funding from RJ Corp Limited, Modi Rubber Limited and other investorsEster Industries Limited announced a private placement of 10,560,250 equity shares of face value of INR 5 per equity share at an issue price of INR 94.60 for the gross proceeds of up to INR 998,999,650 on February 14, 2024. The transaction will include participation from new investors Arvind Singhania for 2,632,135 shares for INR 249,000,000, Modi Rubber Limited for 2,642,705 shares for INR 250,000,000, Kamalesh Jayant Shah for 2,642,705 shares for INR 250,000,000 and RJ Corp Limited for 2,642,705 shares for INR 250,000,000. The transaction has been approved by the shareholders of the company and is subject to shareholders’ approval.
Reported Earnings • Feb 16Third quarter 2024 earnings released: ₹5.37 loss per share (vs ₹1.11 loss in 3Q 2023)Third quarter 2024 results: ₹5.37 loss per share (further deteriorated from ₹1.11 loss in 3Q 2023). Revenue: ₹2.72b (up 41% from 3Q 2023). Net loss: ₹448.2m (loss widened 384% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 10Ester Industries Limited to Report Q3, 2024 Results on Feb 14, 2024Ester Industries Limited announced that they will report Q3, 2024 results on Feb 14, 2024
New Risk • Nov 09New major risk - Revenue and earnings growthEarnings have declined by 2.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (0.1% operating cash flow to total debt). Earnings have declined by 2.9% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (₹7.31b market cap, or US$87.8m).
お知らせ • Oct 28Ester Industries Limited to Report Q2, 2024 Results on Nov 07, 2023Ester Industries Limited announced that they will report Q2, 2024 results on Nov 07, 2023
お知らせ • Sep 29Ester Industries Limited Approves Final Dividend for the Financial Year Ended 31St March, 2023Ester Industries Limited approved final dividend of INR 0.50/- per equity share of INR 5/- each for the financial year ended 31st March, 2023 at its AGM held on 27th September, 2023.
Upcoming Dividend • Sep 13Upcoming dividend of ₹0.50 per share at 0.5% yieldEligible shareholders must have bought the stock before 20 September 2023. Payment date: 25 October 2023. Payout ratio is a comfortable 36% but the company is not cash flow positive. Trailing yield: 0.5%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (0.8%).
Reported Earnings • Aug 12First quarter 2024 earnings released: ₹2.65 loss per share (vs ₹4.02 profit in 1Q 2023)First quarter 2024 results: ₹2.65 loss per share (down from ₹4.02 profit in 1Q 2023). Revenue: ₹2.67b (down 18% from 1Q 2023). Net loss: ₹220.6m (down 166% from profit in 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
お知らせ • Aug 12+ 1 more updateEster Industries Limited Approves the Appointment of Yatin Sheth as Head Marketing & Business Development-Specialty Polymers, Effective 16 October, 2023Ester Industries Limited at its meeting held on 11 August, 2023 approved the appointment of Mr. Yatin Sheth as Head Marketing & Business Development-Specialty Polymers of the Company. He will be joining the Company on 16 October, 2023.
お知らせ • Aug 04Ester Industries Limited to Report Q1, 2024 Results on Aug 11, 2023Ester Industries Limited announced that they will report Q1, 2024 results on Aug 11, 2023
お知らせ • Jul 12Ester Industries Limited Appoints Ms. Poornima Gupta as Company Secretary and Compliance OfficerBoard of Directors of Ester Industries Limited at their meeting held on 12th July, 2023, has appointed Ms. Poornima Gupta as Company Secretary and Compliance officer (Key Managerial Personnel) of the Company with effect from 12th July, 2023. Mr. Pradeep Kumar Rustagi, Executive Director - Corporate Affairs who was officiated as the Compliance officer as an interim measure has been relieved from the said position w.e.f. 12th July, 2023. Ms. Poornima Gupta is a Qualified Company Secretary (Membership No. A-49876) with more than 8 years of rich experience in the core secretarial activities, listing compliances, SEBI laws and other allied activities. Prior to joining Ester, she was associated with some reputed organizations like New Delhi Television Limited (NDTV), Balaji Telefilms Limited Hindustan Unilever Limited (HUL) and other Public Limited companies.
お知らせ • Jun 01Ester Industries Limited Recommends Final Dividend for the Financial Year Ended on 31 March 2023Ester Industries Limited at its meeting held on June 1, 2023, recommended final dividend of INR 0.50 per equity share having face value of INR 5 each (10%) for the financial year ended on March 31, 2023, subject to the approval of the shareholders of the Company in the forthcoming Annual General Meeting.
Reported Earnings • May 27Full year 2023 earnings released: EPS: ₹1.40 (vs ₹16.39 in FY 2022)Full year 2023 results: EPS: ₹1.40 (down from ₹16.39 in FY 2022). Revenue: ₹11.3b (down 20% from FY 2022). Net income: ₹116.8m (down 92% from FY 2022). Profit margin: 1.0% (down from 9.7% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings.
お知らせ • May 19Ester Industries Limited to Report Q4, 2023 Results on May 26, 2023Ester Industries Limited announced that they will report Q4, 2023 results at 3:30 PM, Indian Standard Time on May 26, 2023
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹133, the stock trades at a trailing P/E ratio of 10.6x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 416% over the past three years.
Board Change • May 02Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 1 experienced director. 8 highly experienced directors. Head of Business Development & Marketing and Whole-Time Director Ayush Singhania was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Feb 15Second quarter 2023 earnings released: EPS: ₹0.55 (vs ₹3.88 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.55 (down from ₹3.88 in 2Q 2022). Revenue: ₹3.02b (down 9.2% from 2Q 2022). Net income: ₹46.0m (down 86% from 2Q 2022). Profit margin: 1.5% (down from 9.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth.
Valuation Update With 7 Day Price Move • Feb 15Investor sentiment deteriorates as stock falls 18%After last week's 18% share price decline to ₹101, the stock trades at a trailing P/E ratio of 6.2x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 173% over the past three years.
お知らせ • Feb 01Ester Industries Limited to Report Q3, 2023 Results on Feb 14, 2023Ester Industries Limited announced that they will report Q3, 2023 results on Feb 14, 2023
お知らせ • Jan 31Ester Industries Limited Announces Resignation of Diwaker Dinesh as Company Secretary and Compliance Officer, Effective January 31, 2023Ester Industries Limited announced that Mr. Diwaker Dinesh, Head-Legal & Company Secretary, has tendered his resignation from the position of Company Secretary and Compliance Officer of the company with effect from the close of business hours of January 31, 2023.
Valuation Update With 7 Day Price Move • Nov 21Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹134, the stock trades at a trailing P/E ratio of 8.3x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 322% over the past three years.
Reported Earnings • Nov 16Second quarter 2023 earnings released: EPS: ₹0.55 (vs ₹3.88 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.55 (down from ₹3.88 in 2Q 2022). Revenue: ₹3.06b (down 8.0% from 2Q 2022). Net income: ₹46.0m (down 86% from 2Q 2022). Profit margin: 1.5% (down from 9.7% in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Nov 09Ester Industries Limited to Report Q2, 2023 Results on Nov 14, 2022Ester Industries Limited announced that they will report Q2, 2023 results on Nov 14, 2022
Valuation Update With 7 Day Price Move • Oct 06Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹183, the stock trades at a trailing P/E ratio of 10.2x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 529% over the past three years.
お知らせ • Sep 16Radici Plastics India Pvt. Ltd. completed the acquisition of Engineering Plastics Business of Ester Industries Limited (BSE:500136).Radici Plastics India Pvt. Ltd. signed a business transfer agreement to acquire Engineering Plastics Business of Ester Industries Limited (BSE:500136) for INR 2.9 billion on May 6, 2022. The consideration will be paid in cash. During the financial year 2020-21, Engineering Plastics Business reported a turnover of INR 2.05 billion. The transaction has been approved by the Board of Directors of Ester and is subject to the approval of shareholders, lenders, and other necessary approvals. Date of completion of Sale will be required to be completed on or before October 15, 2022. Srinath Dasari, Nohid Nooreyezdan, Nanditha Gopal, Aditya Singh Chandel, Bharat Budholia and Veena Gopalakrishnan of AZB & Partners served as legal advisor to Radici Plastics India Pvt. Ltd. Radici Plastics India Pvt. Ltd. completed the acquisition of Engineering Plastics Business of Ester Industries Limited (BSE:500136) on September 15, 2022.
Upcoming Dividend • Sep 13Upcoming dividend of ₹1.90 per shareEligible shareholders must have bought the stock before 20 September 2022. Payment date: 26 October 2022. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 2.0%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%).
お知らせ • Aug 31Ester Industries Limited Announces Resignation of Manish Gupta as Chief Financial OfficerEster Industries Limited announced that Mr. Manish Gupta has tendered his resignation as the Chief Financial Officer of the Company with effect from close of business hours on 29th August, 2022 due to personal reasons.
お知らせ • Aug 13Ester Industries Limited, Annual General Meeting, Sep 28, 2022Ester Industries Limited, Annual General Meeting, Sep 28, 2022, at 11:00 Indian Standard Time. Agenda: Annual General Meeting.
Reported Earnings • Aug 11First quarter 2023 earnings released: EPS: ₹4.02 (vs ₹4.43 in 1Q 2022)First quarter 2023 results: EPS: ₹4.02 (down from ₹4.43 in 1Q 2022). Revenue: ₹3.27b (up 2.4% from 1Q 2022). Net income: ₹335.9m (down 9.1% from 1Q 2022). Profit margin: 10% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has increased by 59% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Aug 03Ester Industries Limited to Report Q1, 2023 Results on Aug 10, 2022Ester Industries Limited announced that they will report Q1, 2023 results on Aug 10, 2022
Reported Earnings • May 22Full year 2022 earnings released: EPS: ₹16.39 (vs ₹16.49 in FY 2021)Full year 2022 results: EPS: ₹16.39 (down from ₹16.49 in FY 2021). Net income: ₹1.37b (flat on FY 2021). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has increased by 57% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 21Ester Industries Limited Recommends Final Dividend for the Year Ended on March 31, 2022Ester Industries Limited at its board meeting held on May 20, 2022, recommended of final dividend of INR 1.90 per equity share for the year ended on March 31, 2022, subject to the approval of the shareholders of the Company in the forthcoming Annual General Meeting.
お知らせ • May 14Ester Industries Limited to Report Q4, 2022 Results on May 20, 2022Ester Industries Limited announced that they will report Q4, 2022 results on May 20, 2022
お知らせ • May 08Radici Plastics India Pvt. Ltd. signed a business transfer agreement to acquire Engineering Plastics Business of Ester Industries Limited (BSE:500136) for INR 2.9 billion.Radici Plastics India Pvt. Ltd. signed a business transfer agreement to acquire Engineering Plastics Business of Ester Industries Limited (BSE:500136) for INR 2.9 billion on May 6, 2022. The consideration will be paid in cash. During the financial year 2020-21, Engineering Plastics Business reported a turnover of INR 2.05 billion. The transaction has been approved by the Board of Directors of Ester and is subject to the approval of shareholders, lenders, and other necessary approvals. Date of completion of Sale will be required to be completed on or before October 15, 2022.
Valuation Update With 7 Day Price Move • Apr 11Investor sentiment improved over the past weekAfter last week's 20% share price gain to ₹176, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 20x in the Chemicals industry in India. Total returns to shareholders of 447% over the past three years.
Reported Earnings • Feb 07Third quarter 2022 earnings: Revenues and EPS in line with analyst expectationsThird quarter 2022 results: EPS: ₹4.14 (up from ₹3.78 in 3Q 2021). Revenue: ₹3.66b (up 43% from 3Q 2021). Net income: ₹345.2m (up 9.5% from 3Q 2021). Profit margin: 9.4% (down from 12% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 63% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • Feb 04Ester Industries Limited Replaces Pradeep Kumar Rustagi with Manish Gupta as Chief Financial OfficerEster Industries Limited replaced Pradeep Kumar Rustagi with Manish Gupta as Chief Financial Officer (Key Managerial Personnel). The resignation of Pradeep Kumar Rustagi is effective from February 3, 2022 (close of business hours) and appointment of Manish Gupta is effective from February 4, 2022. Manish has completed Chartered Accountant from Institute of Chartered Accountants of India in 2004. He has over 20 years of experience in steering financial operations across various industries.
Reported Earnings • Nov 15Second quarter 2022 earnings released: EPS ₹3.88 (vs ₹5.30 in 2Q 2021)The company reported a mediocre second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹3.33b (up 33% from 2Q 2021). Net income: ₹323.4m (down 27% from 2Q 2021). Profit margin: 9.7% (down from 18% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 53% per year whereas the company’s share price has increased by 51% per year.
Board Change • Sep 14Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive & Independent Director Padmaja Ruparel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Board Change • Sep 13Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive & Independent Director Padmaja Ruparel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 10Upcoming dividend of ₹1.90 per shareEligible shareholders must have bought the stock before 17 September 2021. Payment date: 25 October 2021. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (0.7%).
Board Change • Sep 09Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. Non-Executive & Independent Director Padmaja Ruparel was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Aug 10First quarter 2022 earnings released: EPS ₹4.43 (vs ₹3.52 in 1Q 2021)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were weaker. First quarter 2022 results: Revenue: ₹3.21b (up 70% from 1Q 2021). Net income: ₹369.3m (up 26% from 1Q 2021). Profit margin: 12% (down from 16% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Reported Earnings • May 22Full year 2021 earnings released: EPS ₹16.49 (vs ₹11.93 in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: ₹10.00b (down 3.8% from FY 2020). Net income: ₹1.37b (up 38% from FY 2020). Profit margin: 14% (up from 9.6% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Apr 29Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹142, the stock trades at a trailing P/E ratio of 8.4x. Average trailing P/E is 19x in the Chemicals industry in India. Total returns to shareholders of 123% over the past three years.
Is New 90 Day High Low • Feb 21New 90-day low: ₹100The company is down 24% from its price of ₹133 on 21 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 14% over the same period.
Reported Earnings • Feb 02Third quarter 2021 earnings released: EPS ₹3.78 (vs ₹2.33 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹2.56b (up 3.8% from 3Q 2020). Net income: ₹315.3m (up 63% from 3Q 2020). Profit margin: 12% (up from 7.9% in 3Q 2020). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has only increased by 18% per year, which means it is significantly lagging earnings growth.
Is New 90 Day High Low • Jan 27New 90-day low: ₹108The company is down 12% from its price of ₹123 on 29 October 2020. The Indian market is up 22% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is up 17% over the same period.
お知らせ • Jan 19Ester Industries Limited to Report Q3, 2021 Results on Feb 01, 2021Ester Industries Limited announced that they will report Q3, 2021 results on Feb 01, 2021
Valuation Update With 7 Day Price Move • Nov 18Market bids up stock over the past weekAfter last week's 15% share price gain to ₹129, the stock is trading at a trailing P/E ratio of 8.3x, up from the previous P/E ratio of 7.2x. This compares to an average P/E of 16x in the Chemicals industry in India. Total returns to shareholders over the past three years are 265%.
Is New 90 Day High Low • Nov 18New 90-day high: ₹129The company is up 68% from its price of ₹76.45 on 20 August 2020. The Indian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 9.0% over the same period.
Reported Earnings • Oct 28First half earnings releasedOver the last 12 months the company has reported total profits of ₹1.30b, up 118% from the prior year. Total revenue was ₹9.39b over the last 12 months, down 12% from the prior year.
Valuation Update With 7 Day Price Move • Oct 22Market bids up stock over the past weekAfter last week's 30% share price gain to ₹120, the stock is trading at a trailing P/E ratio of 9.5x, up from the previous P/E ratio of 7.3x. This compares to an average P/E of 15x in the Chemicals industry in India. Total returns to shareholders over the past three years are 198%.
Is New 90 Day High Low • Oct 22New 90-day high: ₹120The company is up 116% from its price of ₹55.70 on 24 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 13% over the same period.
Is New 90 Day High Low • Oct 05New 90-day high: ₹81.30The company is up 46% from its price of ₹55.50 on 07 July 2020. The Indian market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period.
