Ester Industries Ltd

Ester Industries Ltd

Next 500 2024
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OVERVIEW
FINANCIALS

About

Chaired by Arvind Singhania, Ester Industries is committed to the manufacturing of polyester films, specialty polymers, and engineering plastic compounds. Its polyester films find applications in flexible packaging, while the specialty polymers deal with rigid packaging and textiles. The engineering plastics business vertical is concerned with the automotive, electrical and electronics, and telecom industries. Additionally, Ester’s products have been used for food and beverage packaging, industrial packaging, home and personal care, textiles, carpets, and more. While it is headquartered in Gurugram currently, its exports take it to over 75 countries across the Middle East, Europe, Africa, the Americas, and Asia-Pacific. Ester’s primary manufacturing facility is at Khatima in Uttarakhand, and the company has been granted 7 patents in the US, the EU, and India for its products.

Incorporation Year: 1985
Headquarters: Gurugram
Top Management: Arvind Singhania
Industry: Packaging

Featured In Fortune India Ranking

Next 500 India
#493(2024)#264(2023)#266(2022)#246(2021)#293(2020)#350(2019)#460(2018)#414(2017)#289(2016)#337(2015)
#493(2024)#264(2023)#266(2022)#246(2021)#293(2020)#350(2019)#460(2018)#414(2017)#289(2016)#337(2015)
Ranking Trend Fortune Next 500 India

Financial Data 2024

Revenue
1,097
(INR Cr)
Net Operating Income
1,063
(INR Cr)
Assets
1,532
(INR Cr)
Profit
-121
(INR Cr)
Net Worth
718
(INR Cr)

Financial Data

RevenueNet Operating IncomeProfitAssetsNet Worth
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Revenue
(INR Cr)
1097
-12.6%
1255
4.8%
1197
19.0%
1006
-3.0%
1038
0.1%
1036
29.6%
800
14.5%
698
-11.2%
786
-12.2%
895
-4.5%
937
5.6%
888
21.6%
730
4.8%
697
74.3%
400
7.3%
372
-
Net Operating Income
(INR Cr)
1063
-4.55%
1114
0.35%
1110
11.95%
992
0.00%
1039
1.03%
1028
27.43%
807
14.73%
703
-8.78%
771
-14.00%
896
-3.47%
928
4.79%
886
26.65%
700
4.16%
672
69.88%
395
6.02%
373
16.92%
Profit
(INR Cr)
-121
-
137
0.1%
137
-0.6%
137
38.2%
100
219.8%
31
488.1%
5
-
-11
-
5
18.8%
4
-54.1%
8
-
-5
-
-14
-
129
364.9%
28
-16.7%
33
-
Assets
(INR Cr)
1532
-4.5%
1603
24.2%
1291
71.4%
753
25.6%
600
0.1%
599
-5.0%
631
0.3%
629
2.3%
615
-5.9%
653
3.4%
631
5.8%
597
4.6%
571
13.1%
505
117.5%
232
19.8%
194
-
Net Worth
(INR Cr)
718
-3.5%
743
19.6%
622
21.4%
512
0.0%
408
29.8%
314
11.0%
283
2.3%
277
-4.0%
287
7.6%
267
3.5%
258
2.2%
252
-2.1%
258
-5.2%
272
58.4%
172
28.0%
134
29.8%
Employee Cost
(INR Cr)
64
16.7%
55
-8.8%
60
-12.3%
68
26.1%
54
14.3%
47
6.8%
44
-3.6%
46
3.1%
45
8.2%
41
6.4%
39
20.3%
32
29.7%
25
-17.1%
30
46.4%
20
25.4%
16
-
Interest Cost
(INR Cr)
7036251924343333363735263513610
Cash & Bank Balance
(INR Cr)
117526128146778238142117188
Total Debt
(INR Cr)
7738166382031512433033103163763633353042245453

Key Financial Ratios

Profit As % Of RevenuesRONW %Interest Cost to EBITDA %ROCE %Debt to Equity Ratio
PARAMETERS2024202320222021202020192018201720162015201420132012201120102009
Profit As % Of Revenues -10.9%11.4%13.7%9.6%3.0%0.7%-0.6%0.4%0.9%--18.6%7.0%9.0%
Profit As % Of Assets -8.5%10.6%18.3%16.6%5.2%0.8%-0.7%0.6%1.3%--25.7%12.0%17.3%
Profit As % Of Networth -18.4%22.0%26.9%24.4%9.9%1.9%-1.6%1.4%3.3%--47.6%16.2%24.9%
Interest Cost to EBITDA % -39.6%14.6%8.0%12.9%31.7%50.0%77.9%51.2%52.1%46.9%63.9%100.6%5.7%10.6%13.7%
Debt to Equity Ratio 1.081.101.030.400.370.771.071.121.101.411.411.331.180.820.320.40
RONW -20.1%24.2%26.9%27.5%10.4%1.9%-1.7%1.5%3.3%--58.4%18.2%28.2%
ROCE -4.1%4.2%14.0%27.1%27.2%13.2%6.4%2.8%6.8%6.6%8.0%3.4%2.7%56.9%23.1%29.5%