Outcome of Board Meeting dated 13th May 2026
ESTER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ester Industries Limited reported FY2026 standalone revenue of Rs 1,04,513 lakhs, down 2.4% from Rs 1,07,046 lakhs in FY2025. Standalone net profit after tax declined sharply to Rs 482 lakhs from Rs 3,688 lakhs in the previous year, a fall of about 87%. Consolidated revenue grew to Rs 1,37,519 lakhs from Rs 1,28,214 lakhs, but consolidated PAT also declined to Rs 1,009 lakhs from Rs 1,370 lakhs. The Board recommended a final dividend of Rs 0.25 per equity share (face value Rs 5), subject to shareholder approval. Cost auditors M/s R J Goel & Co. were re-appointed and M/s Nangia Global Advisors LLP were appointed as internal auditors for FY2026-27. Auditors Walker Chandiok & Co LLP issued unmodified opinions on both standalone and consolidated financial results.
The sharp decline in standalone profitability despite relatively stable revenue signals margin compression, likely due to rising raw material costs and finance costs. However, the clean audit opinion and dividend recommendation provide some comfort to investors.