Ester Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Ester Industries reported consolidated total income growth of 27.4% year-on-year to INR441.9 crores in Q1 FY27, with EBITDA increasing 103.4% to INR58.9 crores and EBITDA margin expanding to 13.3%. Management attributed the improvement to higher film realizations, better capacity utilization, and increased contribution from value-added specialty products, while Specialty Polymers saw lower volumes but higher margins due to product mix. The company also provided updates on its ELITe joint venture with Loop Industries for textile-to-textile recycling, including new offtake commitments from global brands.
Ester Industries reported Q4 FY26 consolidated total income of Rs 345.1 crore, up 7.2% year-on-year, with reported EBITDA of Rs 43.3 crore at a 12.6% margin. Management attributed the quarter's improvement to moderation of BOPET film headwinds from Chinese dumping and US trade tariffs, along with domestic antidumping duty proceedings. The company also highlighted growth in rPET volumes, Specialty Polymers, and progress on the Ester Loop Infinite Technologies chemical recycling joint venture.