Is Ester Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ester Industries Ltd is a good quality company .

Is Ester Industries undervalued or overvalued?

The key valuation ratios of Ester Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Ester Industries share price return in the past 10 years?

Ester Industries Ltd share price has appreciated 23.5% annually (CAGR) over the past ten years.

Is Ester Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Ester Industries Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

What is the P/E ratio of Ester Industries?

The latest standalone P/E ratio of Ester Industries as of 18-Dec-2024 is 0.00.

What is the P/B ratio of Ester Industries?

The latest standalone P/B ratio of Ester Industries as of 18-Dec-2024 is 1.82.

What is the 52-week high and low of Ester Industries?

The 52-week high of Ester Industries is Rs. 177.60 and the 52-week low is Rs. 84.75.

Ester Industries Ltd - Stock Valuation and Financial Performance

Name: Ester Industries
Brand: Ester Industries

BSE: 500136 | NSE: ESTER | Plastic Products | Small Cap

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Ester Inds Share Price

₹156.30 -4.95 -3.07%
as on 18-Dec'24 16:59

10 Year X-Ray of Ester Inds:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
ROCE % ⓘ	6.6%	6.9%	2.9%	6.8%	14.1%	28.9%	32.4%	17.4%	7.4%	-1.7%	-
Value Creation Index ⓘ	-0.5	-0.5	-0.8	-0.5	0.0	1.1	1.3	0.2	-0.5	-1.1	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	896	771	703	807	1,028	1,039	992	1,110	1,077	855	957
Sales YoY Gr.	-	-14%	-8.8%	14.8%	27.4%	1%	-4.5%	12%	-3%	-20.6%	-
Adj EPS ⓘ	0.6	0.7	-1.4	0.6	3.8	11.8	17	10.3	3.8	-5.7	-1.7
YoY Gr.	-	1.6%	-315.4%	NA	519.4%	207%	44.5%	-39.4%	-63.3%	-250.9%	-
BVPS (₹) ⓘ	41.9	34.6	33.2	34	37.7	48.9	62	75.3	92.7	87.8	88.5
Adj Net Profit ⓘ	4	5.4	-11.7	5.2	32	98.3	142	86.2	31.6	-53.8	-16
Cash Flow from Ops. ⓘ	67.7	81.4	49.6	50.9	117	172	151	78.9	138	65.6	-
Debt/CF from Ops. ⓘ	5.6	3.9	6.3	6	2.1	0.9	1.4	4.1	2.8	5.6	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-0.5%	-3.6%	-4.8%	-20.6%
Adj EPS ⓘ	-227.6%	-208.3%	-169.5%	-250.9%
BVPSⓘ	8.6%	18.4%	12.3%	-5.3%
Share Price	23.5%	38.7%	7.7%	75.7%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Return on Equity % ⓘ	1.5	1.9	-4.1	1.9	10.7	27.2	30.7	15.1	4.5	-6.7	-1.9
Op. Profit Mgn % ⓘ	8	9.3	6.1	8.2	10.7	18.4	23.9	15.6	9.4	-0.3	4.3
Net Profit Mgn % ⓘ	0.5	0.7	-1.7	0.6	3.1	9.5	14.3	7.8	2.9	-6.3	-1.6
Debt to Equity ⓘ	1.4	1.1	1.1	1.1	0.8	0.4	0.4	0.5	0.5	0.4	0.2
Working Cap Days ⓘ	105	120	125	122	100	98	116	171	222	244	72
Cash Conv. Cycle ⓘ	83	94	101	96	78	72	79	94	97	93	22

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -4.81%

Sales growth is not so good in last 4 quarters at 8.91%

Latest Financials - Ester Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	-1.7	-8.7
TTM Sales (₹ Cr.)	957	1,162
BVPS (₹.) ⓘ	88.5	74.5
Reserves (₹ Cr.) ⓘ	785	654
P/BV ⓘ	1.82	2.16
PE ⓘ	0.00	0.00

From the Market
52 Week Low / High (₹)	84.75 / 177.60
All Time Low / High (₹)	0.85 / 190.00
Market Cap (₹ Cr.)	1,516
Equity (₹ Cr.)	47
Face Value (₹)	5
Industry PE ⓘ	43

Management X-Ray of Ester Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

9.36

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ester Inds

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Ester Inds

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Sales	896	771	703	807	1,028	1,039	992	1,110	1,077	855
Operating Expenses ⓘ	825	700	660	741	920	849	756	937	977	859
Manufacturing Costs	96	102	94	106	118	119	123	138	168	141
Material Costs	630	489	466	534	702	623	511	675	685	595
Employee Cost	41	46	46	44	47	54	68	59	51	55
Other Costs ⓘ	58	63	53	56	52	53	55	65	73	68
Operating Profit ⓘ	71	70	43	66	108	189	236	173	100	-3
Operating Profit Margin (%)	7.9%	9.1%	6.1%	8.1%	10.5%	18.2%	23.8%	15.6%	9.3%	-0.4%
Other Income ⓘ	3	5	6	6	6	9	8	9	17	26
Interest ⓘ	37	36	33	33	34	24	19	25	30	37
Depreciation ⓘ	32	32	32	31	32	35	35	37	39	43
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	5	7	-16	7	47	139	190	120	48	-57
Tax ⓘ	1	2	-5	2	16	39	48	32	12	-14
Profit After Tax	4	5	-11	5	31	99	142	88	36	-43
PAT Margin (%)	0.4%	0.6%	-1.5%	0.7%	3.0%	9.6%	14.3%	7.9%	3.3%	-5.1%
Adjusted EPS (₹)	0.6	0.6	-1.3	0.6	3.7	11.9	17.0	10.5	4.3	-4.6
Dividend Payout Ratio (%)	0%	0%	0%	0%	13%	21%	20%	31%	12%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Shareholders Fund	268	293	277	283	314	408	517	628	773	825
Share Capital ⓘ	31	42	42	42	42	42	42	42	42	47
Reserves ⓘ	236	252	235	242	273	366	475	586	732	778
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	332	279	268	264	228	132	172	276	318	304
Long Term Debt	125	97	67	28	61	56	99	158	175	130
Short Term Debt	208	182	201	236	167	77	73	118	144	174
Trade Payables	20	24	19	39	23	33	38	62	26	36
Others Liabilities ⓘ	95	93	117	118	99	117	137	349	419	392
Total Liabilities ⓘ	715	689	681	704	665	691	864	1,315	1,536	1,557
Fixed Assets
Gross Block	790	805	446	453	460	465	509	556	558	618
Accumulated Depreciation	390	420	30	55	73	102	132	168	187	221
Net Fixed Assetsⓘ	399	385	416	399	387	364	377	388	371	397
CWIP ⓘ	12	23	2	1	3	23	22	19	78	82
Investmentsⓘ	0	0	0	0	0	0	98	181	424	442
Inventories	128	128	117	114	125	110	137	203	138	113
Trade Receivables	118	112	116	148	123	121	151	193	137	108
Cash Equivalents	23	8	7	7	6	14	26	28	50	106
Others Assetsⓘ	35	32	23	34	21	59	53	303	339	309
Total Assets ⓘ	715	689	681	704	665	691	864	1,315	1,536	1,557

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	68	81	50	51	117	172	151	79	138	66
PBT ⓘ	5	7	-16	7	47	139	190	188	211	-57
Adjustment ⓘ	64	63	60	62	66	54	45	55	-87	59
Changes in Working Capital ⓘ	1	12	6	-19	14	13	-39	-108	23	66
Tax Paid ⓘ	-1	-1	0	0	-11	-33	-45	-57	-10	-2
Cash Flow From Investing Activity ⓘ	-36	-20	-11	-15	-23	-51	-154	-122	-156	-37
Capex	-36	-23	-13	-15	-26	-43	-46	-61	-126	-56
Net Investments	-1	1	0	-1	1	-10	-13	23	58	118
Others ⓘ	2	2	1	1	1	1	-95	-83	-87	-99
Cash Flow From Financing Activityⓘ	-18	-75	-38	-36	-94	-120	3	65	24	43
Net Proceeds from Shares ⓘ	0	16	0	0	0	0	0	0	0	100
Net Proceeds from Borrowing ⓘ	13	-34	-24	-38	9	-4	56	60	40	-50
Interest Paid ⓘ	-33	-32	-33	-33	-34	-20	-14	-20	-26	-33
Dividend Paid ⓘ	-4	0	0	0	0	-4	-33	-28	-16	-4
Others ⓘ	5	-26	19	35	-69	-92	-5	53	25	30
Net Cash Flow ⓘ	14	-14	0	0	0	0	0	23	5	72

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Ratios
ROE (%)	1.47	1.66	-3.78	1.89	10.41	27.54	30.73	15.35	5.11	-5.42
ROCE (%)	6.63	6.87	2.93	6.84	14.1	28.94	32.4	17.36	7.42	-1.7
Asset Turnover Ratio	1.39	1.2	1.12	1.19	1.5	1.53	1.28	1.02	0.76	0.55
PAT to CFO Conversion(x)	17	16.2	N/A	10.2	3.77	1.74	1.06	0.9	3.83	N/A
Working Capital Days
Receivable Days	45	50	54	59	48	43	50	57	56	52
Inventory Days	47	56	58	51	42	41	45	56	58	53
Payable Days	12	16	17	20	16	16	25	27	24	19

Ester Industries Ltd Stock News

Ester Industries Ltd FAQs

What is the share price of Ester Inds?

Company share prices are keep on changing according to the market conditions. The closing price of Ester Inds on 18-Dec-2024 16:59 is ₹156.3.

What is the market cap of Ester Inds?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 18-Dec-2024 16:59 the market cap of Ester Inds stood at ₹1,516.4.

What is the P/E ratio of Ester Inds?

The latest P/E ratio of Ester Inds as of 18-Dec-2024 16:59 is 0.00.

What is the P/B ratio of Ester Inds?

The latest P/B ratio of Ester Inds as of 18-Dec-2024 16:59 is 1.82.

What is the 52-week high and low of Ester Inds?

The 52-week high of Ester Inds is ₹177.6 and the 52-week low is ₹84.75.

What is the TTM revenue of Ester Inds?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ester Inds is ₹957.4 ( Cr.) .

About Ester Industries Ltd

Ester Industries Limited was incorporated in India in 1985. It is a widely held limited liability company. The main business activities are production and marketing of versatile ranges of polyester films and engineering plastics.

The main business activities of the company are production and marketing of versatile ranges of polyester films and engineering plastics. In its integrated manufacturing facilities Ester produces polyester resins of various types, having different physical and chemical properties. These resins are also captively used by Ester for manufacturing polyester films and engineering plastics.

Its premium quality products are backed by inbuilt statistical and analytical technique based processes and a strong research & development oriented system. Continuous upgradation of technology, customer focused marketing and technical services, are the company's other inherent strengths.

Ester produces a range of Bi-axially Oriented Polyester Films on two state-of-the-art production lines. UMAPet films have high tensile & dielectric strength, good chemical & thermal stability & excellent optical and electrical properties as well as processability at the users' end. The entire process of film production, including slitting & packing is performed in a dust free & clean environment. UMAPet is available in a wide variety suitable for a number of applications.

Estoplast engineering plastic is a range of high performance thermoplastic resins. This covers crystalline, amorphous and specialty polymers like polyesters, polyamides, polycarbonates. Estoplast is popular among our customers due to the suitable and consistent quality, wide and effective distribution reach & prompt technical assistance. Ester caters to specific applications and customer requirements. Estoplast is tailor made for this purpose. Estoplast range of products is supported by a dynamic team, which provides assistance in selection of the most suitable formulations for specific applications.

In 2010 the company announced setting up of a Polyester Film Line of 30,000 MTPA capacity at an estimated capital expenditure of Rs. 175 Crores.
Installation of Continuous Polymerization (CP) plant & Additional Metalizing unit.
In 2011 the Company has been listed in National Stock Exchange of India Ltd.

The product find its application in wide range of areas, that includes

Electrical, Electronics & Lighting- Coil formers, Relays, MCBs, ELCBs, Connectors, Contact Blocks, Bobbins, Fuse Holders, Carbon Brush Holders, Capacitor Boxes, Fans for Electronic Equipments, CFL Holders, Adaptors, Sockets, Lighting Fixtures, Modular Switches, Energy Meter Hosing & thermal blocks etc.
Consumer Durables- Housings for Electric Irons, Toasters, Electric Kettles, Infrared Lamps, Roti Makers, Hair Dryer Components, Oven Door Handles, Knobs, Panels, etc.
Telecommunication & Engineering- Optical Fibre Sheathing, Textile Machinery parts, Timer Pulleys. Industrial and Centrifugal pump parts. Cable termination box Modules, connectors, etc.
Automotive- Air Intake Grills, Windscreen Wiper Holders/Supports, Head Lamp Reflectors, Ignition Coil Tops, Air Filter Housings, Exterior Mirror Housings, Spoilers, Door Handles/Door Lock Surroundings, Carburettor Components, Ignition System Electronics' parts, Spark Plug Connectors, etc.

Product range of the company includes:

UmaPET Polyester Films-Plain films include- Packaging Films, Direct Emboss able Film, Golden Film, Anti Static Film, Clear & Ultra Clear Films, Heat Sealable Films, Industrial Film, High Performance Films (Retort / Hot Fill), Lidding Film, Matte Film, Function Film (High Friction), White Opaque Films, Yarn Grade Film.
Metallized films include- Packaging Films (Normal Barrier Metallized), Packaging Films (High Barrier Metallized), Emboss able Metallized Film, Golden Metallized Film, Isotropic Metallized Film, High Gloss Metallized Films, Industrial Film (Metallized), High Performance Metallized Film, Matte Metallized Film.
Estoplastâ€“EP Thermoplastic Polyester, XU Polyamide -6/Polyamide-66ZK and Polycarbonate.

The products of the company are approved by :

Research Design & Standards Organization (The Indian Railways).
Deptt. Of Telecommunication, Govt. of India, for OFC.
Deptt. Of Telecommunication, Govt. of India, for Modules.
Underwriters Laboratrories, USA for VO rating as per UL 94.
Delphi Automotive Systems.
All OFC manufacturers, Countrywide- Sterlite, Birla Ericsson, AKSH Fiber Optics etc. and many more.