Summary of Key Information:
Reporting Period: Quarter and Half-Year ended 30 September 2026
Nature of Filing / Announcement: Unaudited Financial Results (Standalone & Consolidated)
Audit Opinion:
Clean Review Report - No qualifications or modifications. Statutory Auditors Walker Chandiok & Co LLP issued an unqualified limited review report for both standalone and consolidated results.
Key Financial Highlights [₹ in lacs]:
Standalone Results:
Revenue from Operations: Q2 FY27: ₹3,601.06 lacs (vs Q2 FY26: ₹2,600.04 lacs, +38.5% YoY)
Total Income: Q2 FY27: ₹3,658.12 lacs (vs Q2 FY26: ₹2,633.06 lacs)
Net Profit: Q2 FY27: ₹608.67 lacs (vs Q2 FY26: loss of ₹481.26 lacs)
EPS: Q2 FY27: ₹0.58 (vs Q2 FY26: -₹0.50)
Other Equity: ₹99,634.31 lacs (as at 30 September 2026)
Cash and Cash Equivalents: ₹3,222.91 lacs (as at 30 September 2026)
Debt: Total borrowings ₹37,820.92 lacs (Non-current: ₹13,609.74 lacs, Current: ₹24,211.18 lacs)
Consolidated Results:
Revenue from Operations: Q2 FY27: ₹4,437.61 lacs (vs Q2 FY26: ₹3,541.90 lacs, +25.3% YoY)
Net Profit: Q2 FY27: ₹784.13 lacs (vs Q2 FY26: loss of ₹1,577.74 lacs)
EPS: Q2 FY27: ₹0.75 (vs Q2 FY26: -₹1.62)
Other Equity: ₹83,547.88 lacs (as at 30 September 2026)
Cash and Cash Equivalents: ₹3,224.81 lacs (as at 30 September 2026)
Segment-wise Performance [₹ in lacs]:
Standalone Segment Revenue Q2 FY27:
- Polyester chips and film: ₹3,285.38 lacs (91.2% of total)
- Speciality polymers: ₹315.67 lacs (8.8% of total)
Standalone Segment Profit before tax and interest Q2 FY27:
- Polyester chips and film: ₹2,413.47 lacs (vs Q2 FY26: loss of ₹356.49 lacs)
- Speciality polymers: ₹981.67 lacs (vs Q2 FY26: ₹2,092.67 lacs)
Consolidated Segment Revenue Q2 FY27:
- Polyester chips and film: ₹4,144.89 lacs (93.4% of total)
- Speciality polymers: ₹292.72 lacs (6.6% of total)
Corporate Actions:
- On 12 May 2026, the company allotted 67,08,851 equity shares of face value ₹5 each at an issue price of ₹158 per share pursuant to conversion of fully convertible warrants issued on preferential basis
- Total amount raised: ₹10,599.98 lacs
- Paid-up equity share capital increased from ₹4,879.31 lacs (97,58,619 shares) to ₹5,214.75 lacs (1,04,29,504 shares)
- Amount of ₹325 lacs received against unexercised warrants was forfeited as per terms of issue
Other Significant Information:
- Entities included in consolidation: Ester Industries Limited (Holding Company), Ester Filmtech Limited (Subsidiary), Ester Loop Infinite Technologies Private Limited (Joint Venture)
- Investment in joint venture: ₹710.00 lacs during the period
- Significant increase in trade receivables: Standalone ₹22,051.71 lacs (vs ₹12,635.42 lacs as at 31 March 2026)
- Increase in inventories: Standalone ₹17,068.01 lacs (vs ₹15,907.48 lacs as at 31 March 2026)