Investor Presentation for the Q4 FY 26
ESTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ester Industries reported Q4 FY26 consolidated income of ₹345.1 crores, up 7.2% YoY, with EBITDA of ₹43.3 crores (12.6% margin) and PAT of ₹7.9 crores (strong recovery from ₹2.0 crores in Q4 FY25). For full FY26, consolidated income grew 7.2% to ₹1,392.7 crores, though EBITDA declined 32.5% to ₹110.6 crores due to foreign currency MTM losses of ₹37.4 crores. Excluding these non-cash losses, core operational EBITDA margins stood at 15.5% in Q4. The BOPET Film segment saw margin expansion driven by anti-dumping duties on Chinese imports, global price increases, and rupee depreciation. Specialty Polymers delivered 21% volume growth (3,836 MT) and 16% revenue growth (₹179.3 crores). rPET sales surged 258% to 5,325 MT with revenue of ₹59.3 crores. The company secured ₹165.25 crores from a share warrant issue, and the Board proposed a dividend of ₹0.25 per share.
Q4 showed meaningful recovery with margin expansion, supported by regulatory tailwinds (anti-dumping duties) and growing demand for sustainable packaging. The strong promoter backing via share warrants signals confidence, though FY26 overall profitability was impacted by currency losses.