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

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Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

Premier Polyfilm

Time Technoplast

Arrow Greentech

Supreme Inds.

Prakash Pipes

Finolex Inds.

Ester Industries

Cool Caps

Astral

Safari Inds.

Shree Tirupati

Why is Ester Industries Ltd ?

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)

Stock is technically in a Bearish range

The technical trend has deteriorated from Mildly Bearish on 07-Apr-25 and has generated 4.5% returns since then
Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST

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

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 16.85%, its profits have risen by 89.6%

Real-Time Research Report

Verdict Report

How much should you sell?

All quantity irrespective of whether you are making profits or losses

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Plastic Products)

When to re-enter? - We will constantly monitor the company and review our call based on new data

Is Ester Industries for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Ester Industries

15.09%

0.27

61.49%

SENSEX

0.45%

0.03

14.48%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

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)

Sales to Capital Employed (avg)

0.85

Tax Ratio

100.00%

Dividend Payout Ratio

Pledged Shares

Institutional Holding

0.05%

ROCE (avg)

7.90%

ROE (avg)

10.88%

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

NA (Loss Making)

Industry P/E

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

Dividend Yield

ROCE (Latest)

-2.40%

ROE (Latest)

-11.65%

Loading Valuation Snapshot...

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bearish

Mildly Bearish

RSI

No Signal

Bollinger Bands

Bearish

Moving Averages

Bearish (Daily)

KST

Bearish

Bullish

Dow Theory

Mildly Bearish

OBV

Mildly Bearish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

35What is working for the Company

OPERATING PROFIT TO INTEREST(Q)

Highest at 3.62 times

PBT LESS OI(Q)

At Rs 25.94 cr has Grown at 200.6 %

NET SALES(Q)

Highest at Rs 345.58 cr

PBDIT(Q)

Highest at Rs 59.52 cr.

OPERATING PROFIT TO NET SALES(Q)

Highest at 17.22%

PAT(Q)

Highest at Rs 24.82 cr.

EPS(Q)

Highest at Rs 2.64

-1What is not working for the Company

DEBTORS TURNOVER RATIO(HY)

Lowest at 6.78 times

Loading Valuation Snapshot...

Here's what is working for Ester Industries

Operating Profit to Interest - Quarterly

Highest at 3.62 times and Grown

each quarter in the last five quarters

MOJO Watch

The company's ability to manage interest payments is improving

Operating Profit to Interest

Profit Before Tax less Other Income (PBT) - Quarterly

At Rs 25.94 cr has Grown at 200.6 %

over average PBT of the previous four quarters of Rs -25.77 Cr

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

At Rs 24.82 cr has Grown at 221.6 %

over average PAT of the previous four quarters of Rs -20.41 Cr

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Net Sales - Quarterly

Highest at Rs 345.58 cr and Grown

each quarter in the last five quarters

MOJO Watch

Near term sales trend is very positive

Net Sales (Rs Cr)

Operating Profit (PBDIT) - Quarterly

Highest at Rs 59.52 cr. and Grown

each quarter in the last five quarters

MOJO Watch

Near term Operating Profit trend is quite positive

Operating Profit (Rs Cr)

Operating Profit Margin - Quarterly

Highest at 17.22% and Grown

each quarter in the last five quarters

MOJO Watch

Company's efficiency has improved

Operating Profit to Sales

Profit Before Tax less Other Income (PBT) - Quarterly

Highest at Rs 25.94 cr. and Grown

each quarter in the last five quarters

MOJO Watch

Near term PBT trend is very positive

PBT less Other Income (Rs Cr)

Profit After Tax (PAT) - Quarterly

Highest at Rs 24.82 cr. and Grown

each quarter in the last five quarters

MOJO Watch

Near term PAT trend is very positive

PAT (Rs Cr)

Earnings per Share (EPS) - Quarterly

Highest at Rs 2.64

in the last five quarters

MOJO Watch

Increasing profitability; company has created higher earnings for shareholders

EPS (Rs)

Here's what is not working for Ester Industries

Debtors Turnover Ratio- Half Yearly

Lowest at 6.78 times

in the last five half yearly periods

MOJO Watch

Company's pace of settling its Debtors has slowed

Debtors Turnover Ratio