StockWatch
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Packaging
Quarterly Result12 Aug 2026, 05:21 pm

Ester Industries Q1 FY27 Revenue Up 27.4%, PAT Turns Positive

AI Summary

Ester Industries Limited announced its unaudited financial results for the first quarter ended June 30, 2026. The company reported a consolidated total income of ₹441.9 crore, a significant increase of 27.4% year-on-year. EBITDA more than doubled, rising 103.4% YoY to ₹58.9 crore, with EBITDA margins expanding to 13.3% from 8.35% in Q1 FY26. Profit After Tax (PAT) turned positive at ₹18.6 crore, compared to a loss of ₹7.2 crore in the corresponding quarter last year. The company attributes this strong performance to an improving operating environment, higher realisations, increased throughput, and a favorable product mix, including a higher contribution from Value-Added products in the Film segment. The company also highlighted positive developments in its Polyester Films segment, with increased capacity utilization and sales volume of Value-Added & Specialty Products (VAS) and rPET. The Specialty Polymers segment saw a decline in volume and revenue but an improvement in EBIT margin.

Key Highlights

  • Consolidated Total Income grew 27.4% YoY to ₹441.9 crore in Q1 FY27.
  • EBITDA surged 103.4% YoY to ₹58.9 crore, with margins improving by 500 bps.
  • PAT turned positive at ₹18.6 crore, a significant turnaround from a loss last year.
  • Value-Added Products (VAS) in Films segment showed strong growth, contributing 29% of sales.
  • ELITe project secured a Letter of Intent for Loop™ PET Fiber Grade resin offtake.