Ester Industries Reports Fourth Quarter And FY26 Growth
ECONOMY & POLICY

Ester Industries Reports Fourth Quarter And FY26 Growth

Ester Industries reported audited financial results for the fourth quarter and financial year ended 31 March 2026, with the announcement dated 14 May 2026 in Gurugram. All monetary figures are presented in Rs. million (mn) or billion (bn) equivalents after conversion from crore. Consolidated income for the quarter rose seven point two per cent year-on-year to Rs. 3.451 bn.

EBITDA for the quarter increased by 10.7 per cent to Rs. 433 mn, reflecting improved operational performance and contributing to a consolidated margin of 12.6 per cent. Excluding non-cash mark-to-market losses on foreign currency liabilities, core operational EBITDA margins were stated at 15.5 per cent. Profit after tax for the quarter recovered to Rs. 78.7 mn from Rs. 19.6 mn in the prior-year quarter.

For the full year, consolidated income rose seven point two per cent to Rs. 13.927 bn, supported by growth in Specialty Polymers and recycled PET. Capacity utilisation of the BOPET film business improved to 78 per cent in the year. The board recommended a dividend of Rs. 0.25 per share for FY26.

The company reported a successful capital infusion through a share warrant issue, having secured Rs. 1.6525 bn of the Rs. 1.75 bn target, underlining investor support. Sales of recycled PET rose markedly in volumetric terms from 1,486 t to 5,325 t, an increase of 258 per cent, and rPET revenue rose to Rs. 593 mn from Rs. 162 mn in the prior year. Chips revenue also expanded to Rs. 657 mn, and value-added specialty products accounted for 24 per cent of total sales volume.

Ester highlighted that regulatory shifts and trade developments supported margin improvement in the BOPET film sector and drove demand for products with post-consumer recycled content. Incorporated in 1985, the company has over 35 years of industry expertise, three manufacturing facilities in India and a workforce of over 615 employees. The company retained credit ratings of A- for long term and A2+ for short term from Crisil.

Ester Industries reported audited financial results for the fourth quarter and financial year ended 31 March 2026, with the announcement dated 14 May 2026 in Gurugram. All monetary figures are presented in Rs. million (mn) or billion (bn) equivalents after conversion from crore. Consolidated income for the quarter rose seven point two per cent year-on-year to Rs. 3.451 bn. EBITDA for the quarter increased by 10.7 per cent to Rs. 433 mn, reflecting improved operational performance and contributing to a consolidated margin of 12.6 per cent. Excluding non-cash mark-to-market losses on foreign currency liabilities, core operational EBITDA margins were stated at 15.5 per cent. Profit after tax for the quarter recovered to Rs. 78.7 mn from Rs. 19.6 mn in the prior-year quarter. For the full year, consolidated income rose seven point two per cent to Rs. 13.927 bn, supported by growth in Specialty Polymers and recycled PET. Capacity utilisation of the BOPET film business improved to 78 per cent in the year. The board recommended a dividend of Rs. 0.25 per share for FY26. The company reported a successful capital infusion through a share warrant issue, having secured Rs. 1.6525 bn of the Rs. 1.75 bn target, underlining investor support. Sales of recycled PET rose markedly in volumetric terms from 1,486 t to 5,325 t, an increase of 258 per cent, and rPET revenue rose to Rs. 593 mn from Rs. 162 mn in the prior year. Chips revenue also expanded to Rs. 657 mn, and value-added specialty products accounted for 24 per cent of total sales volume. Ester highlighted that regulatory shifts and trade developments supported margin improvement in the BOPET film sector and drove demand for products with post-consumer recycled content. Incorporated in 1985, the company has over 35 years of industry expertise, three manufacturing facilities in India and a workforce of over 615 employees. The company retained credit ratings of A- for long term and A2+ for short term from Crisil.

Related Stories

Gold Stories

Next Story
Real Estate

Anshul Singhal launches Vantrock with Rs 42 billion development plan

Real estate professional Anshul Singhal has launched Vantrock Real Assets Private Limited (VRAPL), a Mumbai-headquartered platform focused initially on warehousing, industrial and logistics parks. The company plans to develop approximately 11.5 million sq ft of assets, with an estimated gross development value (GDV) of Rs 42 billion (approximately USD 434 million) on completion.The first phase will cover around 3 million sq ft across the National Capital Region (NCR), Bengaluru and Pune, with an estimated development value of Rs 11 billion (approximately USD 113 million). Construction is sched..

Next Story
Infrastructure Transport

Afcons wins CII award for biodiversity management

Afcons Infrastructure has received the Confederation of Indian Industry (CII) National Award for Environmental Best Practices 2026 in the Biodiversity Management category for its work on the Mumbai-Ahmedabad High Speed Rail Project’s C-2 package.The award was presented at a ceremony in Chennai on 9 October 2026. It was received by Mihir Mishra, Vice-President, CPE, and Sumon Paul, Assistant General Manager, HSE, along with the Afcons team.The project adopted several resource recovery and waste management practices. These included recycling concrete washout waste to recover sand, aggregates a..

Next Story
Technology

Indian businesses lead globally in planned AI investment, says Autodesk

Indian organisations are moving towards deeper integration of artificial intelligence (AI), digital technologies and sustainability into business operations, according to Autodesk’s 2026 State of Design & Make report. The fourth edition of the annual study highlights growing AI adoption, measurable outcomes from digital transformation and the role of sustainability in long-term business growth.The report found that 64 per cent of Indian organisations are approaching or have achieved their current AI goals. While 88 per cent believe AI will enhance their industry, up from 78 per cent in 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code