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Ester Industries

  • Market Cap: Small Cap
  • Industry: Plastic Products
  • ISIN: INE778B01029
  • NSEID: ESTER
  • BSEID: 500136
INR
111.00
2.5 (2.3%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 82.83 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

110.90113.95

52 Week

89.70177.60
Valuation
Technical
Day's Volume

CASH

82.83 k (9.59%) Volume

Shareholding (Dec 2024)

FII

0.04%

Held by 7 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

62.40%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -33.97% CAGR growth in Operating Profits over the last 5 years

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 6.67 times
  • The company has been able to generate a Return on Capital Employed (avg) of 8.70% signifying low profitability per unit of total capital (equity and debt)
2

Stock is technically in a Bearish range

3

With ROCE of -2.4, it has a Expensive valuation with a 1.2 Enterprise value to Capital Employed

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Plastic Products

stock-summary
Market cap

INR 1,044 Cr (Small Cap)

stock-summary
P/E

NA (Loss Making)

stock-summary
Industry P/E

33

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.90

stock-summary
Return on Equity

-11.65%

stock-summary
Price to Book

1.46

Revenue and Profits (1 Year):
Net Sales:
346 Cr
(Quarterly Results - Dec 2024)
Net Profit:
25 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-24.69%
0%
-24.69%
1 Year
15.09%
0%
15.09%
2 Years
7.75%
0.43%
8.18%
3 Years
-36.82%
1.86%
-34.96%
4 Years
-14.38%
3.72%
-10.66%
5 Years
290.85%
32.12%
322.97%

Latest dividend: 0.5 per share ex-dividend date: Sep-20-2023

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
2.14%
EBIT Growth (5y)
-33.97%
EBIT to Interest (avg)
2.45
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.85
Tax Ratio
100.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.05%
ROCE (avg)
7.90%
ROE (avg)
10.88%
Valuation key factors
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
33
Price to Book Value
1.46
EV to EBIT
35.12
EV to EBITDA
14.20
EV to Capital Employed
1.24
EV to Sales
1.33
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-2.40%
ROE (Latest)
-11.65%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bullish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 1 Schemes (0.01%)

FIIs

Held by 7 FIIs (0.04%)

Promoter with highest holding

Wilemina Finance Corp. (52.44%)

Highest Public shareholder

Vettel International Ltd (8.6%)

Individual Investors Holdings

21.74%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 4.35% vs 15.73% in Sep 2024",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 721.85% vs 118.76% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "345.58",
          "val2": "331.16",
          "chgp": "4.35%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "59.52",
          "val2": "39.82",
          "chgp": "49.47%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "16.44",
          "val2": "18.46",
          "chgp": "-10.94%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "24.82",
          "val2": "3.02",
          "chgp": "721.85%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "17.22%",
          "val2": "12.02%",
          "chgp": "5.20%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 18.95% vs -17.19% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 75.09% vs -131.74% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "617.31",
          "val2": "518.96",
          "chgp": "18.95%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "51.01",
          "val2": "-10.11",
          "chgp": "604.55%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "35.23",
          "val2": "34.47",
          "chgp": "2.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-13.08",
          "val2": "-52.51",
          "chgp": "75.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.26%",
          "val2": "-1.95%",
          "chgp": "10.21%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 22.39% vs -4.00% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 112.06% vs -162.32% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "962.89",
          "val2": "786.72",
          "chgp": "22.39%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "110.53",
          "val2": "-29.60",
          "chgp": "473.41%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "51.67",
          "val2": "52.39",
          "chgp": "-1.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "11.74",
          "val2": "-97.33",
          "chgp": "112.06%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.48%",
          "val2": "-3.76%",
          "chgp": "15.24%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is -4.55% vs 0.35% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is -188.42% vs 0.14% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,063.45",
          "val2": "1,114.14",
          "chgp": "-4.55%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "-23.62",
          "val2": "91.78",
          "chgp": "-125.74%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "70.36",
          "val2": "36.34",
          "chgp": "93.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "125.21",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "-121.05",
          "val2": "136.90",
          "chgp": "-188.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "-2.22%",
          "val2": "8.24%",
          "chgp": "-10.46%",
          "chgp_class": "negative"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
345.58
331.16
4.35%
Operating Profit (PBDIT) excl Other Income
59.52
39.82
49.47%
Interest
16.44
18.46
-10.94%
Exceptional Items
0.00
0.00
Consolidate Net Profit
24.82
3.02
721.85%
Operating Profit Margin (Excl OI)
17.22%
12.02%
5.20%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 4.35% vs 15.73% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 721.85% vs 118.76% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
617.31
518.96
18.95%
Operating Profit (PBDIT) excl Other Income
51.01
-10.11
604.55%
Interest
35.23
34.47
2.20%
Exceptional Items
0.00
0.00
Consolidate Net Profit
-13.08
-52.51
75.09%
Operating Profit Margin (Excl OI)
8.26%
-1.95%
10.21%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 18.95% vs -17.19% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is 75.09% vs -131.74% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
962.89
786.72
22.39%
Operating Profit (PBDIT) excl Other Income
110.53
-29.60
473.41%
Interest
51.67
52.39
-1.37%
Exceptional Items
0.00
0.00
Consolidate Net Profit
11.74
-97.33
112.06%
Operating Profit Margin (Excl OI)
11.48%
-3.76%
15.24%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 22.39% vs -4.00% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is 112.06% vs -162.32% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
1,063.45
1,114.14
-4.55%
Operating Profit (PBDIT) excl Other Income
-23.62
91.78
-125.74%
Interest
70.36
36.34
93.62%
Exceptional Items
0.00
125.21
-100.00%
Consolidate Net Profit
-121.05
136.90
-188.42%
Operating Profit Margin (Excl OI)
-2.22%
8.24%
-10.46%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is -4.55% vs 0.35% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is -188.42% vs 0.14% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Ester Industries Ltd stock-summary
stock-summary
Ester Industries Ltd
Small Cap
Plastic Products
Incorporated in February, 1985, Ester Industries Ltd is a manufacturer of PET Film and Engineering Plastics. Promoted by Sitaram Singhania, along with J P Shroff, the Company is having installed capacity 36000 TPA Polyester Chips, 18000 TPA Polyester Films and 6000 TPA Dope-dyed Coarse Denier Polyester Filament Yarn. The total cost of the project was Rs 84.4 cr, which was part-financed by a public issue in Feb.'88.
Company Coordinates stock-summary
Company Details
Sohan Nagar P O Charubeta, Udham Singh Nagar Khatima UTT : 262308
stock-summary
Tel: 91-5943-250153-57
stock-summary
http://www.esterindustries.com
stock-summary
shares.deptt@ester.in
Registrar Details
MAS Services Ltd, T-34 , 2nd Floor, Okhla Industrial Area, Phase - II, New Delhi
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