ESTERNSEEster Industries Limited· PackagingHighNeutral
Announced Thu, 14 May · 17:26 IST

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

Pat NegativeRevenue Growth 20pctEbitda Margin CompressionResults View source PDF

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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 to Rs. 7.9 crore from Rs. 2.0 crore in Q4 FY25. However, full-year FY26 results show a mixed picture: consolidated revenue grew 7.2% to Rs. 1,392.7 crore, but EBITDA declined 32.5% to Rs. 110.6 crore with margins compressing by 470 basis points to 7.9%. Standalone PAT crashed 89.2% to just Rs. 4.4 crore for the full year. The company turned consolidated PAT negative at Rs. (27.5) crore for FY26 versus a profit of Rs. 13.7 crore in FY25. Key growth drivers include rPET sales volume surging 258% to 5,325 MT and specialty polymers volume growing 21%. The company raised Rs. 165.25 crore via share warrants and proposed a dividend of Rs. 0.25 per share.

Likely market impact

Despite Q4 recovery, the full-year negative PAT and significant EBITDA margin compression signal ongoing profitability challenges from cost pressures and forex losses, which may weigh on investor sentiment despite positive business highlights in sustainable products.