About Ester Filmtech Limited
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Ester Filmtech Limited is a public limited company based in Gurgaon, Haryana, India, a subsidiary of Ester Industries Limited. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 21 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36900HR2020PLC087741. Its GSTIN is 06AAFCE9821P1Z3 (Haryana). The company holds 3 GST registrations, all of them active.
The company has an authorised share capital of ₹700 Cr and a paid-up capital of ₹465 Cr. It is led by directors including Arvind Singhania (Managing Director) and Pradeep Kumar Rustagi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No 11 Block – A Infocity – 1 Sector – 34, Gurgaon, Haryana, India – 122001.
As per the financials filed for FY 2025, the company reported a revenue of ₹352.2 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net loss of ₹26.04 Cr (net margin -7.4%) and EBITDA of ₹30.98 Cr (EBITDA margin 8.8%).
The company has about 211 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹971.73 Cr on record. The company has 3 deals on record (3 rights issues); the latest was in July 2022. Its 5 peer companies in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 2 larger and 3 smaller; the largest is Dhunseri Poly Films Private Limited with revenue of ₹392.18 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website esterindustries.com.
Company details
Contact details
Ester Filmtech Limited's registered office is in Gurgaon, Haryana. Its website is esterindustries.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No 11 Block – A Infocity – 1 Sector – 34, Gurgaon, Haryana, India – 122001
- IndustryPackaging, Packaging Films & Foils
To see the full contact details of Ester Filmtech Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Ester Filmtech is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Ester Filmtech Limited, buy the company report.
Financials of Ester Filmtech Limited
FY 2025 filings availableEster Filmtech Limited reported revenue of ₹352.2 Cr (up 25% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 25% in the latest year. EBITDA rose 259% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹30.98 Cr | ||||
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| Net Profit (PAT) | -₹26.04 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 8.8% | ||||
| Net Profit Margin | -7.4% | ||||
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To see the full financial statements and ratios of Ester Filmtech Limited, buy the company report.
Board of directors of Ester Filmtech Limited
Ester Filmtech has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ayush Vardhan Singhania Also directs: Ester Industries Limited, Ester Loop Infinite Technologies Private Limited, PDJ Properties and Investment Services LLP and 1 more | Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Arvind Singhania Also directs: Ester Industries Limited, Ester Loop Infinite Technologies Private Limited, Rekha Finance and Investment Private Limited and 3 more | Managing Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Pradeep Kumar Rustagi Also directs: Ester Industries Limited, Ester Loop Infinite Technologies Private Limited, Rekha Finance and Investment Private Limited and 2 more | Whole-Time Director | 21 Jul 2020 | 6 Years 3 Months | Current |
| Arvind Kumar Goyal Also directs: Cocusan Consultants Private Limited | Director | 07 Jan 2022 | 4 Years 9 Months | Current |
| Padmaja Shailen Ruparel | Director | 07 Jan 2022 | 4 Years 9 Months | Current |
Peer comparison
Ester Filmtech Limited is compared with the 5 companies closest to it by revenue in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhunseri Poly Films Private Limited | ₹392.18 Cr (FY 2025) | 240.0% | Kolkata, West Bengal, India | |||
| Aegios Polyfilms Private Limited | ₹356.14 Cr (FY 2025) | 8784.0% | Ahmedabad, Gujarat, India | |||
| Ester Filmtech Limitedthis company | ₹352.2 Cr (FY 2025) | -₹26.04 Cr | -7.4% | 25.0% | 211 | Gurgaon, Haryana, India |
| Vaibhav Plasto Printing & Packaging Private Limited | ₹343.86 Cr (FY 2025) | 31.0% | Nagpur, Maharashtra, India | |||
| Synthetic Packers Limited | ₹334.67 Cr (FY 2025) | -9.0% | Bangalore, Karnataka, India | |||
| Arihant Techno Pack Private Limited | ₹333.61 Cr (FY 2025) | 10.0% | New Delhi, Delhi, India |
To see the full peer comparison of Ester Filmtech Limited, buy the company report.
Auditor
Ester Filmtech Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/ N500013 |
Shareholding
The shareholding of Ester Filmtech Limited is on record for 3 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Ester Filmtech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 19 Dec 2025 | 101214454 | Others | ₹362.94 Cr | Open | |
| 10 Dec 2024 | 101012886 | Yes Bank Limited | ₹45 Cr | Open | |
| 23 Nov 2022 | 100645500 | Bank of India | ₹141.8 Cr | Open | |
| 10 Aug 2022 | 100647471 | Others | ₹20 Lakh | Open | |
| 31 Dec 2021 | 100528764 | Bank of India | ₹12 Cr | Open |
To see the full charge records of Ester Filmtech Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Ester Filmtech Limited has 3 deals on record (3 rights issues); the latest was in July 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Rights issue | ₹82.44 Cr | Investors: Ester Industries Limited |
| Apr 2021 | Rights issue | ₹85.43 Cr | Investors: Ester Industries Limited |
| Sep 2020 | Rights issue | ₹95.1 Cr | Investors: Ester Industries Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Ester Filmtech Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
Credit ratings & regulatory alerts
Ester Filmtech Limited was last rated by Crisil on 01 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 01 Sep 2021 |
To see the full credit ratings and regulatory alerts of Ester Filmtech Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ester Filmtech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ester Filmtech Limited has a workforce of 211 employees on its EPFO records as of Apr 06, 2024, across 2 active EPFO establishments.
GST
Ester Filmtech has 3 GST registrations: 3 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAFCE9821P1Z3 | Haryana | Active | 27 Aug 2020 |
| 06AAFCE9821P2Z2 | Haryana | Active | 01 Dec 2023 |
| 36AAFCE9821P1Z0 | Telangana | Active | 07 Jan 2021 |
To see the full GST registrations and return filing status of Ester Filmtech Limited, buy the company report.
Recent activity
Ester Filmtech Limited has 9 board changes on record since 2020: 7 appointments and 2 cessations. The latest: Girish Behal ceased to be Director on 27 Aug 2024.
10 earlier events are in the company report.
News
Frequently asked questions
Ester Filmtech is an active public limited company based in Gurgaon, Haryana, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 21 July 2020 (6+ years old) and is registered under CIN U36900HR2020PLC087741.
Ester Filmtech has 5 current directors:
- Arvind Singhania - Managing Director
- Pradeep Kumar Rustagi - Whole-Time Director
- Ayush Vardhan Singhania - Director
- Arvind Kumar Goyal - Director
- Padmaja Shailen Ruparel - Director
The latest financial statements of Ester Filmtech on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 26 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Ester Filmtech is 06AAFCE9821P1Z3, registered in Haryana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 06AAFCE9821P2Z2 (Haryana), 36AAFCE9821P1Z0 (Telangana).
The CIN (Corporate Identification Number) of Ester Filmtech is U36900HR2020PLC087741. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ester Filmtech was incorporated on 21 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Ester Filmtech has 3 deals on record (3 rights issues); the latest was in July 2022.
The peers of Ester Filmtech by revenue are Dhunseri Poly Films Private Limited, Aegios Polyfilms Private Limited, Vaibhav Plasto Printing & Packaging Private Limited, Synthetic Packers Limited, Arihant Techno Pack Private Limited, all in the Packaging industry (Films and Foils), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Girish Behal ceased to be Director on 27 Aug 2024. Manish Gupta ceased to be CFO on 29 Aug 2022. Manish Gupta was appointed as CFO on 24 Mar 2022. Ester Filmtech has 9 board changes on record in total.
Ester Filmtech can be reached through the website esterindustries.com. Its registered office is in Gurgaon, Haryana, India.
The registered office of Ester Filmtech is at Plot No 11 Block – A Infocity – 1 Sector – 34, Gurgaon, Haryana, India – 122001.