Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Ester Industries Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 294.66 | 257.59 | 261.37 | 267.76 | 276.73 | 286.15 | 331.16 | 345.58 | 319.26 | 338.20 | 354.19 | 338.98 | 343.82 |
| Expenses + | 284.67 | 257.48 | 271.58 | 287.26 | 270.75 | 274.97 | 291.34 | 286.06 | 282.80 | 317.89 | 339.91 | 322.55 | 301.82 |
| Operating Profit | 9.99 | 0.11 | -10.21 | -19.50 | 5.98 | 11.18 | 39.82 | 59.52 | 36.46 | 20.31 | 14.28 | 16.43 | 42.00 |
| OPM % | 3.39% | 0.04% | -3.91% | -7.28% | 2.16% | 3.91% | 12.02% | 17.22% | 11.42% | 6.01% | 4.03% | 4.85% | 12.22% |
| Other Income + | -1.34 | 9.40 | 9.78 | 4.62 | 3.22 | 6.21 | 2.62 | 5.41 | 2.66 | 8.65 | 3.05 | 4.53 | 1.31 |
| Interest | 13.79 | 16.76 | 17.71 | 17.92 | 17.98 | 16.76 | 18.46 | 16.44 | 15.66 | 15.48 | 17.23 | 15.99 | 16.21 |
| Depreciation | 14.49 | 16.28 | 16.82 | 17.18 | 17.75 | 17.29 | 17.24 | 17.13 | 17.09 | 17.29 | 17.34 | 17.64 | 17.66 |
| Profit before tax | -19.63 | -23.53 | -34.96 | -49.98 | -26.53 | -16.66 | 6.74 | 31.36 | 6.37 | -3.81 | -17.24 | -12.67 | 9.44 |
| Tax % | -9.53% | -6.25% | -12.93% | -10.32% | -10.55% | -3.36% | 55.19% | 20.85% | 69.23% | 87.66% | -8.41% | -2.13% | 16.53% |
| Net Profit + | -17.75 | -22.06 | -30.44 | -44.82 | -23.72 | -16.10 | 3.02 | 24.82 | 1.96 | -7.16 | -15.78 | -12.41 | 7.87 |
| EPS in Rs | -2.13 | -2.65 | -3.65 | -5.37 | -2.52 | -1.71 | 0.32 | 2.64 | 0.21 | -0.73 | -1.62 | -1.27 | 0.81 |
Financials of Ester Industries Ltd
Annual income statement trend
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 671 | 698 | 884 | 928 | 895 | 768 | 992 | 1,110 | 1,114 | 1,063 | 1,282 | 1,375 |
| Expenses + | 448 | 663 | 842 | 853 | 823 | 698 | 760 | 939 | 1,022 | 1,086 | 1,135 | 1,282 |
| Operating Profit | 223 | 35 | 42 | 74 | 72 | 71 | 231 | 171 | 93 | -23 | 147 | 93 |
| OPM % | 33% | 5% | 5% | 8% | 8% | 9% | 23% | 15% | 8% | -2% | 12% | 7% |
| Other Income + | 1 | 6 | 5 | 5 | 3 | 5 | 8 | 60 | 137 | 26 | 16 | 18 |
| Interest | 13 | 35 | 26 | 35 | 37 | 36 | 19 | 25 | 36 | 70 | 67 | 65 |
| Depreciation | 18 | 27 | 29 | 30 | 32 | 32 | 35 | 37 | 44 | 68 | 69 | 70 |
| Profit before tax | 193 | -21 | -8 | 14 | 5 | 7 | 185 | 169 | 149 | -135 | 28 | -24 |
| Tax % | 33% | -34% | -32% | 41% | 21% | 33% | 26% | 19% | 8% | -10% | 51% | 13% |
| Net Profit + | 129 | -14 | -5 | 8 | 4 | 5 | 137 | 137 | 137 | -121 | 14 | -27 |
| EPS in Rs | 20.58 | -2.21 | -0.84 | 1.33 | 0.61 | 0.55 | 16.49 | 16.39 | 16.42 | -12.88 | 1.46 | -2.81 |
| Dividend Payout % | 19% | 0% | 0% | 38% | 0% | 0% | 21% | 20% | 3% | 0% | 0% | -9% |
Financials of Ester Industries Ltd
Capital structure and asset base
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 42 | 42 | 42 | 42 | 47 | 47 | 49 |
| Reserves | 246 | 232 | 226 | 232 | 241 | 250 | 470 | 580 | 702 | 671 | 726 | 734 |
| Borrowings + | 224 | 304 | 335 | 363 | 376 | 316 | 208 | 639 | 816 | 773 | 660 | 729 |
| Other Liabilities + | 122 | 60 | 60 | 72 | 67 | 80 | 142 | 168 | 155 | 153 | 140 | 162 |
| Total Liabilities | 623 | 627 | 652 | 698 | 714 | 688 | 862 | 1,428 | 1,715 | 1,643 | 1,573 | 1,674 |
| Fixed Assets + | 363 | 350 | 376 | 390 | 399 | 385 | 377 | 390 | 979 | 989 | 977 | 978 |
| CWIP | 5 | 17 | 5 | 18 | 12 | 23 | 76 | 435 | 79 | 83 | 39 | 36 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 154 | 69 | 75 | 78 |
| Other Assets + | 254 | 258 | 272 | 290 | 303 | 280 | 407 | 604 | 503 | 502 | 482 | 581 |
| Total Assets | 623 | 627 | 652 | 698 | 714 | 688 | 862 | 1,428 | 1,715 | 1,643 | 1,573 | 1,674 |
Financials of Ester Industries Ltd
Operating, investing and financing cash movement
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 83 | 47 | 23 | 52 | 68 | 81 | 146 | 62 | 58 | 44 | 112 | 89 |
| Cash from Investing Activity + | -222 | -36 | -27 | -57 | -36 | -20 | -147 | -392 | -199 | 42 | -56 | -116 |
| Cash from Financing Activity + | 140 | -9 | 4 | -2 | -18 | -75 | 3 | 384 | 114 | -14 | -133 | 6 |
| Net Cash Flow | 1 | 3 | -0 | -7 | 14 | -14 | 2 | 54 | -28 | 72 | -77 | -21 |
| Free Cash Flow | -138 | 11 | -14 | -5 | 32 | 58 | 10 | -352 | -198 | -28 | 82 | 27 |
| CFO/OP | 59% | 143% | 54% | 69% | 97% | 117% | 83% | 69% | 73% | -202% | 78% | 101% |
Financials of Ester Industries Ltd
Working capital efficiency and return ratios
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 66 | 44 | 45 | 49 | 48 | 53 | 56 | 64 | 50 | 51 | 48 | 49 |
| Inventory Days | 86 | 77 | 69 | 69 | 74 | 96 | 98 | 110 | 88 | 70 | 74 | 86 |
| Days Payable | 67 | 14 | 11 | 11 | 11 | 17 | 27 | 34 | 17 | 31 | 22 | 27 |
| Cash Conversion Cycle | 85 | 107 | 103 | 106 | 111 | 132 | 126 | 139 | 121 | 90 | 101 | 108 |
| Working Capital Days | 38 | 27 | 16 | -4 | -7 | -0 | 51 | 65 | 14 | -25 | 13 | 21 |
| ROCE % | 56% | 3% | 3% | 8% | 7% | 7% | 14% | 4% | -5% | 6% | 3% |