ESTERNSEEster Industries Limited· PackagingHighNeutral
Announced Thu, 14 May · 15:25 IST

Ester Industries Limited has informed the Exchange regarding a press release dated May 14, 2026, titled " Audited Financial Results for the quarter and financial year ended on 31st March 2026".

Pat NegativeEbitda Margin CompressionResults View source PDF

ESTER · price

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Price reaction · full curve 14 horizons · vs prior close
-1.2%1-day move
₹98.20
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₹98.68
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AI summary

Ester Industries reported Q4 FY26 consolidated revenue of Rs. 345.1 crore, up 7.2% YoY, with PAT surging 301% to Rs. 7.9 crore as margins recovered. However, full year FY26 consolidated PAT turned negative at Rs. (27.5) crore versus Rs. 13.7 crore profit in FY25, a significant decline. Standalone FY26 PAT also collapsed by 89.2% to Rs. 4.4 crore from Rs. 40.5 crore. EBITDA margins compressed across the year—consolidated margins fell 470 bps to 7.9% in FY26 from 12.6% in FY25. The company secured Rs. 165.25 crore from a Rs. 175 crore share warrant issue and declared a dividend of Rs. 0.25 per share. The Board cited recovery in Q4 driven by anti-dumping duties on BOPET film imports and favorable trade developments, with rPET sales volumes surging 258% YoY to 5,325 MT.

Likely market impact

Despite Q4 recovery, the full-year loss and margin compression are concerning for shareholders. The negative PAT for FY26 and significant EBITDA decline signal operational headwinds, though recent regulatory tailwinds and capital raise provide some support.