Ester Industries Limited

BSE: 500136 NSE: ESTER
Ester Industries Limited - packaging in Khatima, Uttarakhand, India. FY 2026 financials & compliance.
CIN L24111UR1985PLC015063 Incorporated 04 February 1985 ROC Uttarakhand HQ Khatima, Uttarakhand, India
Active Listed - NSE: ESTER · BSE: 500136 Public Limited Company packaging
Data last updated
Market Cap
₹927 Cr
ESTER · NSE
Share Price
₹88.38
-0.57% today
Revenue
₹1,375 Cr
FY 2025-26 · +7.3% YoY
EBITDA
₹93.03 Cr
Margin 6.8%
Net Profit
−₹27.47 Cr
FY 2025-26 · -307.2% YoY
Authorised capital
₹165.96 Cr
Registered with MCA
Paid-up capital
₹52.15 Cr
Issued & subscribed
Open charges
₹702.35 Cr
Satisfied ₹1,429.37 Cr

About Ester Industries Limited

Data last updated:

Ester Industries Limited is a public limited company based in Khatima, Uttarakhand, India, a subsidiary of Wilemina Finance Corp.. It operates in the packaging films and foils segment of the packaging sector. It was incorporated on 04 February 1985 and has been in existence for over 41 years.

The company is registered with the Registrar of Companies (ROC), Uttarakhand, under CIN L24111UR1985PLC015063. Its GSTIN is 05AAACE0119K1Z3 (Uttarakhand). The company holds 10 GST registrations, of which 4 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500136 and NSE: ESTER.

The company has an authorised share capital of ₹165.96 Cr and a paid-up capital of ₹52.15 Cr. It was formerly known as Ester India Limited. It is led by directors including Arvind Singhania (Managing Director) and Ayush Vardhan Singhania (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 2026. The registered office is at Sohan Nagar P.O.Charubeta Khatima Distt.Udham Singh Nagar, Uttarakhand, India – 262308.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,375.19 Cr, a growth of 7.3% compared to the previous year. For the same year it recorded a net loss of ₹27.47 Cr (net margin -2%) and EBITDA of ₹93.03 Cr (EBITDA margin 6.8%). The net worth stands at ₹782.73 Cr (up 1.3% YoY). Total assets are valued at ₹1,553.09 Cr (up 5.5% YoY).

The company has about 202 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: Ester Industries. As per MCA filings, the company has open charges of ₹702.35 Cr and satisfied charges of ₹1,429.37 Cr on record. Court records list 46 cases involving the company, including 26 filed by the company and 20 filed against it; 8 cases are pending.

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

CIN L24111UR1985PLC015063
Registration Number 015063
Incorporation Date 04 February 1985
ROC Uttarakhand
Listing Status Listed - Listed on NSE (ESTER); Listed on BSE (500136)
Company Status Active
Date of Last AGM 26 September 2025
Date of Balance Sheet 31 March 2026
Parent Company Wilemina Finance Corp.
Compliance Status Active Compliant

CIN history

Ester Industries has one previous CIN (Corporate Identification Number): L24111UP1985PLC015063. The current CIN is L24111UR1985PLC015063, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24111UR1985PLC015063Current
L24111UP1985PLC015063Previous
Key People
Arvind Singhania Managing Director Ayush Vardhan Singhania Whole-Time Director Pradeep Kumar Rustagi Whole-Time Director

Contact details

Ester Industries Limited's registered office is in Khatima, Uttarakhand. Its website is esterindustries.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    esterindustries.com
  • Social Media
  • Registered Address
    Sohan Nagar P.O.Charubeta Khatima Distt.Udham Singh Nagar, Uttarakhand, India – 262308
  • Industry
    Packaging, Packaging Films & Foils

To see the full contact details of Ester Industries Limited, buy the company report.

Comprehensive company report
Ester Industries Limited - one report that includes everything
  • 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
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Secure checkout · GST invoice included

Brands

Ester Industries operates one associated brand: Ester Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Ester Industries
Polyester films, engineered plastics, and specialty polymers are developed.esterindustries.com

Business activity

The main business activity of Ester Industries is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC8Plastic products, non-metallic mineral products, rubber products, fabricated metal products

To see the full business activity and turnover split of Ester Industries Limited, buy the company report.

Financials of Ester Industries Limited

FY 2025-26 filings available

Ester Industries Limited reported revenue of ₹1,375.19 Cr (up 7.3% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,375 Cr
+7.3% YoY
EBITDA
₹93.03 Cr
-36.7% YoY
Profit After Tax
−₹27.47 Cr
-307.2% YoY
Net Worth
₹783 Cr
+1.3% YoY
Total Assets
₹1,553 Cr
+5.5% YoY
Total Debt
₹729 Cr
+10.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2015-16
Income statement
Revenue1,3751,2821,0631,1141,110992771
Revenue growth+7.3%+20.6%-4.6%+0.4%+12.0%--
EBITDA93.03147(23.63)91.7717123170.39
EBITDA margin+6.8%+11.5%-2.2%+8.2%+15.4%+23.3%+9.1%
Profit before tax(24.28)27.80(135)1491691856.84
Net profit(27.47)13.26(132)1371371384.61
Net profit margin-2.0%+1.0%-12.4%+12.3%+12.3%+13.9%+0.6%
EPS (₹)(2.82)1.46(12.88)16.4216.3916.490.55
Balance sheet
Total assets1,5531,4721,5321,6031,291753615
Net worth783773718743623517292
Total debt729660773816638203316
Cash & bank10568.0411751.7360.9127.577.81
Net working capital455371379371422276227
Cash flow
Cash from operations88.5411243.7857.7461.8714681.47
Cash from investing(116)(56.48)41.71(199)(392)(147)(20.19)
Cash from financing6.49(133)(13.88)1143843.33(75.41)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue432344339354338319346331
Revenue growth (YoY)+27.8%+7.7%-1.9%+7.0%+18.2%---
Other income9.801.314.533.058.652.665.412.62
EBITDA49.1342.0016.4314.2820.3136.4659.5239.82
EBITDA margin+11.4%+12.2%+4.8%+4.0%+6.0%+11.4%+17.2%+12.0%
Depreciation18.3017.6617.6417.3417.2917.0917.1317.24
Interest17.0916.2115.9917.2315.4815.6616.4418.46
Profit before tax23.549.44(12.67)(17.24)(3.81)6.3731.366.74
Tax4.921.56(0.27)(1.45)3.344.416.543.72
Net profit18.627.88(12.40)(15.79)(7.15)1.9624.823.02
EPS (₹)1.840.81(1.27)(1.62)(0.74)0.212.640.32
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,0451,0708551,0771,1109921,039
Revenue growth-2.4%+25.1%-20.6%-3.0%+12.0%-4.5%-
EBITDA71.44119(3.43)100173236189
EBITDA margin+6.8%+11.1%-0.4%+9.3%+15.6%+23.8%+18.2%
Profit before tax7.5654.64(57.29)173171190139
Net profit4.3739.88(54.70)161139142101
Net profit margin+0.4%+3.7%-6.4%+15.0%+12.5%+14.4%+9.7%
EPS (₹)0.454.31(4.61)19.3116.6517.0411.93
Balance sheet
Total assets1,3071,2321,2191,188979758600
Net worth950908826774629522413
Total debt334300367386319203151
Cash & bank92.0955.8410650.3627.6326.1313.87
Net working capital344282293300387276225
Cash flow
Cash from operations52.8179.5765.5713878.89151172
Cash from investing(105)(103)(36.70)(156)(122)(154)(51.26)
Cash from financing30.64(54.11)42.7523.6865.273.35(120)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue339256250260279258275298
Revenue growth (YoY)+21.6%-0.8%-9.0%-12.8%+16.4%---
Other income8.471.213.963.305.973.342.634.36
Total expenses308232240249253225233266
EBITDA31.5324.3610.3810.7325.9832.8241.6631.97
EBITDA margin+9.3%+9.5%+4.2%+4.1%+9.3%+12.7%+15.2%+10.7%
Depreciation11.2410.6710.8810.7810.9010.7610.7410.88
Interest9.348.908.619.528.068.678.3910.09
Profit before tax19.426.00(5.15)(6.27)12.9916.7325.1615.36
Tax4.921.56(0.27)(1.45)3.344.416.543.72

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 31 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue432344339354338319346331
Revenue growth (YoY)+27.8%+7.7%-1.9%+7.0%+18.2%---
Other income9.801.314.533.058.652.665.412.62
EBITDA49.1342.0016.4314.2820.3136.4659.5239.82
EBITDA margin+11.4%+12.2%+4.8%+4.0%+6.0%+11.4%+17.2%+12.0%
Depreciation18.3017.6617.6417.3417.2917.0917.1317.24
Interest17.0916.2115.9917.2315.4815.6616.4418.46
Profit before tax23.549.44(12.67)(17.24)(3.81)6.3731.366.74
Tax4.921.56(0.27)(1.45)3.344.416.543.72
Net profit18.627.88(12.40)(15.79)(7.15)1.9624.823.02
EPS (₹)1.840.81(1.27)(1.62)(0.74)0.212.640.32
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2015-16
Revenue1,3751,2821,0631,1141,110992771
Revenue growth+7.3%+20.6%-4.6%+0.4%+12.0%--
Other income17.5316.9027.0213859.857.984.82
Total expenses1,2821,1351,0871,022939761700
Employee cost0.0071.1563.6854.5759.8068.1744.56
EBITDA93.03147(23.63)91.7717123170.39
EBITDA margin+6.8%+11.5%-2.2%+8.2%+15.4%+23.3%+9.1%
Depreciation69.9368.7568.0343.9336.8235.2332.36
Interest64.9167.3370.3636.3424.8818.5736.01
Profit before tax(24.28)27.80(135)1491691856.84
Tax3.1914.11(13.95)12.2432.3247.912.27
Net profit(27.47)13.26(132)1371371384.61
Net profit margin-2.0%+1.0%-12.4%+12.3%+12.3%+13.9%+0.6%
EPS (₹)(2.82)1.46(12.88)16.4216.3916.490.55
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2015-16
Equity & liabilities
Share capital48.7947.0246.9841.7042.6646.9241.70
Reserves & surplus704682671702580470250
Shareholders' funds (net worth)783773718743623517292
Minority interest0.000.000.000.000.000.000.00
Secured loans59054859365347393.68316
Unsecured loans1391121801631651090.00
Total debt729660773816638203316
Total liabilities1,5531,4721,5321,6031,291753615
Assets
Gross block1,3611,2941,2401,171558509805
Net block978977989979390377385
Capital work in progress36.1839.2282.8278.7743576.4023.48
Investments78.3674.8169.271540.001.330.41
Inventories209161145172203137128
Sundry debtors185170147152193151112
Cash & bank balances10568.0411751.7360.9127.577.81
Loans & advances53.2147.4765.2777.1670.9437.3224.33
Total current assets552447474453529353273
Total current liabilities96.9876.4695.2981.1910676.8745.85
Net working capital455371379371422276227
Total assets1,5531,4721,5321,6031,291753615
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2015-16
Opening cash22.5699.9728.3556.141.810.2316.21
Net cash from operating activities88.5411243.7857.7461.8714681.47
Net cash from investing activities(116)(56.48)41.71(199)(392)(147)(20.19)
Net cash from financing activities6.49(133)(13.88)1143843.33(75.41)
Net change in cash(21.39)(77.40)71.61(27.79)54.331.58(14.13)
Closing cash10568.0411751.7360.9127.577.81
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2015-16
Growth
Sales growth+7.3%+20.6%-4.6%+0.4%+12.0%--
EBITDA growth-36.7%+722.0%-125.8%-46.3%-26.1%--
PBT growth-+9998.0%--11.8%-8.8%+2610.4%+40.7%
Net income growth-307.2%+110.0%-196.5%+0.1%-0.5%--
Revenue CAGR (3Y)+7.3%+4.9%+2.4%+13.1%+7.4%+2.2%-4.5%
EBITDA CAGR (3Y)+0.5%-4.9%-+9.2%+33.9%+46.0%+19.3%
Profitability & leverage
Net income margin-2.0%+1.1%-11.4%+12.3%+12.3%+13.9%+0.6%
Return on capital employed-+6.3%-4.1%+4.2%+14.0%+27.1%+6.8%
Return on net worth-+1.8%-16.6%+20.1%+24.2%+26.9%+1.7%
Debt / equity-0.961.091.060.740.391.25
Long-term debt / equity-0.570.670.740.500.180.40
Interest cover281.0086.07-76.7675.9618.569.4894.69
Efficiency & per share
Fixed asset turnover-1.010.881.292.081.951.06
Inventory turnover-8.386.715.936.537.266.57
Debtors turnover-8.077.126.466.446.567.31
EPS (₹)(2.82)1.46(12.88)16.4216.3916.490.55
Dividend per share (₹)0.250.000.000.503.303.400.00
Book value per share (₹)0.0077.4976.3789.1574.5561.4034.45
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue339256250260279258275298
Revenue growth (YoY)+21.6%-0.8%-9.0%-12.8%+16.4%---
Other income8.471.213.963.305.973.342.634.36
Total expenses308232240249253225233266
EBITDA31.5324.3610.3810.7325.9832.8241.6631.97
EBITDA margin+9.3%+9.5%+4.2%+4.1%+9.3%+12.7%+15.2%+10.7%
Depreciation11.2410.6710.8810.7810.9010.7610.7410.88
Interest9.348.908.619.528.068.678.3910.09
Profit before tax19.426.00(5.15)(6.27)12.9916.7325.1615.36
Tax4.921.56(0.27)(1.45)3.344.416.543.72
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,0451,0708551,0771,1109921,039
Revenue growth-2.4%+25.1%-20.6%-3.0%+12.0%-4.5%-
Other income14.4414.4726.2714259.857.988.89
Total expenses974951859977937756849
Employee cost0.0060.4954.8051.3959.2068.0954.05
EBITDA71.44119(3.43)100173236189
EBITDA margin+6.8%+11.1%-0.4%+9.3%+15.6%+23.8%+18.2%
Depreciation43.2343.3842.8039.0236.7135.2235.28
Interest35.0935.6837.3330.1624.8618.5524.46
Profit before tax7.5654.64(57.29)173171190139
Tax3.1914.11(13.95)12.2432.3247.9139.07
Net profit4.3739.88(54.70)161139142101
Net profit margin+0.4%+3.7%-6.4%+15.0%+12.5%+14.4%+9.7%
EPS (₹)0.454.31(4.61)19.3116.6517.0411.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital48.7947.0246.9841.7042.6646.9246.79
Reserves & surplus871817779733587475366
Shareholders' funds (net worth)950908826774629522413
Secured loans253254254285204130142
Unsecured loans81.4646.1511310111572.299.28
Total debt334300367386319203151
Total liabilities1,3071,2321,2191,188979758600
Assets
Gross block688668618558556509465
Net block388406397371388377364
Capital work in progress33.6838.9181.7377.5918.9121.9522.69
Investments54551044242418197.680.23
Inventories159129113138203137110
Sundry debtors126133108137193151121
Cash & bank balances92.0955.8410650.3627.6326.1313.87
Loans & advances39.7422.2022.9533.8054.5136.4739.33
Total current assets417340350359479350285
Total current liabilities73.5458.7456.5458.2491.8074.1159.50
Net working capital344282293300387276225
Total assets1,3071,2321,2191,188979758600
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash22.5499.9628.3522.890.380.230.21
Net cash from operating activities52.8179.5765.5713878.89151172
Net cash from investing activities(105)(103)(36.70)(156)(122)(154)(51.26)
Net cash from financing activities30.64(54.11)42.7523.6865.273.35(120)
Net change in cash(21.39)(77.42)71.615.4622.510.140.02
Closing cash92.0955.8410650.3627.6326.1313.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-2.4%+25.1%-20.6%-3.0%+12.0%-4.5%-
EBITDA growth-40.1%+3576.1%-103.4%-42.2%-26.7%+24.5%-
PBT growth-86.2%+9998.0%-+1.2%-9.9%+37.1%+194.6%
Net income growth-89.0%+172.9%-133.9%+15.9%-2.2%+41.2%-
Revenue CAGR (3Y)-1.0%-1.2%-4.8%+1.2%+2.6%+7.1%+13.9%
EBITDA CAGR (3Y)-10.6%-11.7%--19.2%+17.0%+53.2%+64.1%
Profitability & leverage
Net income margin+0.4%+3.8%-5.1%+15.0%+12.5%+14.3%+9.6%
Return on capital employed-+7.4%-2.6%+7.2%+16.7%+30.7%+27.2%
Return on net worth-+4.7%-6.8%+23.0%+24.3%+30.7%+27.5%
Debt / equity-0.380.470.500.450.380.54
Long-term debt / equity-0.160.190.240.220.180.20
Interest cover124.3947.04-80.7549.4418.259.2515.87
Efficiency & per share
Fixed asset turnover-1.671.451.932.082.042.25
Inventory turnover-8.846.836.336.548.038.82
Debtors turnover-8.886.986.536.447.288.51
EPS (₹)0.454.31(4.61)19.3116.6517.0411.93
Dividend per share (₹)0.250.000.000.503.303.402.50
Book value per share (₹)0.0091.9087.9492.8675.3661.9548.94

To see the full year-wise statements and ratios of Ester Industries Limited, buy the company report.

Board of directors of Ester Industries Limited

Ester Industries has 6 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Atul Aggarwal
Also directs: Sterling Tools Limited, Delton Cables Limited, Sterling Advanced Electric Machines Private Limited and 3 more
Director14 Feb 20242 Years 8 MonthsCurrent
Arvind Singhania
Also directs: Ester Loop Infinite Technologies Private Limited, Ester Filmtech Limited, Rekha Finance and Investment Private Limited and 3 more
Managing Director01 Jul 199432 Years 4 MonthsCurrent
Padmaja Shailen Ruparel
Also directs: Manipal Technologies Limited, Manipal Business Solutions Private Limited, Manipal Payment and Identity Solutions Limited and 5 more
Director01 Apr 20206 Years 7 MonthsCurrent
Abhay Anant Gupte
Also directs: Intellect Design Arena Limited, Manipal Technologies Limited, Manipal Energy & Infratech Limited and 3 more
Director06 May 20251 Years 5 MonthsCurrent
Ayush Vardhan Singhania
Also directs: Ester Loop Infinite Technologies Private Limited, Ester Filmtech Limited, PDJ Properties and Investment Services LLP and 1 more
Whole-Time Director01 Jun 20215 Years 5 MonthsCurrent
Pradeep Kumar Rustagi
Also directs: Ester Loop Infinite Technologies Private Limited, Ester Filmtech Limited, Rekha Finance and Investment Private Limited and 2 more
Whole-Time Director14 Feb 201115 Years 8 MonthsCurrent
View all directors

Peer comparison

Ester Industries Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Films and Foils, Plastics and Resins), 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Toppan Speciality Films Private Limited₹1,497.36 Cr (FY 2025)17.0%Nawan Shehar, Punjab, India
SML Films Limited₹1,421.94 Cr (FY 2025)6.0%Surat, Gujarat, India
Ester Industries Limitedthis company₹1,375.19 Cr (FY 2026)-₹27.47 Cr-2%7.3%202Khatima, Uttarakhand, India
Sparsh Industries Private Limited₹1,318.5 Cr (FY 2025)7.0%Delhi, India
Envalior India Private Limited₹1,212.91 Cr (FY 2025)8.0%Pune, Maharashtra, India
Snf(India) Private Limited₹972.75 Cr (FY 2025)4.0%Visakhapatnam, Andhra Pradesh, India

To see the full peer comparison of Ester Industries Limited, buy the company report.

Auditor

Ester Industries Limited is audited by Walker Chandiok & Co LLP for the financial year 2022.

Auditor firmFinancial yearFirm registration number
Walker Chandiok & Co LLPFY 2022001076N/N500013

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 62.30%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.20% and retail and other public shareholders hold 37.50%.

Promoters: 62.30%DII (Domestic Institutional): 0.20%Retail & Others: 37.50%
Sep 2026
QUARTER
62.30% Promoters
0.20% DII (Domestic Institutional)
37.50% Retail & Others
Promoter holding - history
Now 62.30% · Sep 2026High 62.70% · Dec 2025Low 62.30% · Sep 2026
61%61.8%62.5%63.3%64%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 62.70%Mar 2026: 62.70%Jun 2026: 62.70%Sep 2026: 62.30%62.70%62.30%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters62.30%62.70%62.70%62.70%
Public37.70%37.30%37.30%37.30%

Charges & borrowings

Open charges
₹702.35 Cr
Satisfied charges
₹1,429.37 Cr
Breakdown by lending institutions
Bank of India₹361.71 Cr
Others₹270.78 Cr
Tata Capital Financial Services Limited₹60.00 Cr
Hdfc Bank Limited₹5.76 Cr
Yes Bank Limited₹3.47 Cr
Others₹0.64 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
08 May 2026101289585Hdfc Bank Limited₹10.17 LakhOpen
02 Apr 2026101272172Hdfc Bank Limited₹10.9 LakhOpen
30 Dec 2025101252900Hdfc Bank Limited₹13.33 LakhOpen
30 Dec 2025101252901Hdfc Bank Limited₹11.45 LakhOpen
10 Oct 2025101176886Hdfc Bank Limited₹11.5 LakhOpen

To see the full charge records of Ester Industries Limited, buy the company report.

Total charge records: 200 View all charges

Credit ratings & regulatory alerts

Ester Industries Limited was last rated by Crisil on 28 Oct 2020.

Rating agencyRated onRating
Crisil28 Oct 2020

To see the full credit ratings and regulatory alerts of Ester Industries Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ester Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Ester Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Ester Filmtech LimitedU36900HR2020PLC087741

To see the full group structure of Ester Industries Limited, buy the company report.

Employees & EPFO

Ester Industries Limited has a workforce of 202 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.

Employee count
202
Active EPFO establishments
1
Employee growth
0.5%

GST

Ester Industries has 10 GST registrations: 4 active and 6 cancelled or inactive.

Total GSTINs
10
Active
4
Cancelled / inactive
6
GSTINStateStatusRegistered on
05AAACE0119K1Z3UttarakhandActive01 Jul 2017
06AAACE0119K4ZYHaryanaActive01 Jul 2017
06AAACE0119K3ZZHaryanaActive11 Jul 2017
06AAACE0119K5ZXHaryanaActive06 Dec 2019

To see the full GST registrations and return filing status of Ester Industries Limited, buy the company report.

Recent activity

Ester Industries Limited has 31 board changes on record since 1994: 7 appointments and 24 cessations. The latest: Abhay Anant Gupte ceased to be Additional Director on 25 Jun 2025.

Charges
A charge registered on 24 May 2022 via Charge ID 100582405 with Yes Bank Limited was fully satisfied on 09 Jun 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.10 Cr with Charge ID 101289585 was registered on 08 May 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101272172 was registered on 02 Apr 2026.
Filing
Ester Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Uttarakhand.
Charges
A charge registered on 13 Jan 2023 via Charge ID 100670883 with Yes Bank Limited was fully satisfied on 05 Jan 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.13 Cr with Charge ID 101252900 was registered on 30 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 101252901 was registered on 30 Dec 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 101176886 was registered on 10 Oct 2025.
AGM
Ester Industries Limited last Annual general meeting of members was held on 26 Sep 2025 as per latest MCA records.
Charges
A charge registered on 16 May 2023 via Charge ID 100727383 with Yes Bank Limited was fully satisfied on 29 Aug 2025.
Charges
A charge registered on 10 Feb 2020 via Charge ID 100327705 with Yes Bank Limited was fully satisfied on 29 Aug 2025.
Charges
A charge with Others of Rs. 20.00 Cr registered on 18 Jun 2024 with Charge ID 100944937 was modified on 19 Aug 2025.

426 earlier events are in the company report.

News

Frequently asked questions

Ester Industries is an active public limited company based in Khatima, Uttarakhand, India. The company works in packaging films and foils, within the packaging industry. It was incorporated on 04 February 1985 (41+ years old) and is registered under CIN L24111UR1985PLC015063. Listed on BSE: 500136 and NSE: ESTER.

Ester Industries reported revenue of ₹1,375.19 Cr for FY 2025-26 (up 7.3% YoY) based on consolidated financials.

Ester Industries has 6 current directors:

The latest financial statements of Ester Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 26 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Ester Industries is 05AAACE0119K1Z3, registered in Uttarakhand. The company has 10 GST registrations in all, of which 4 are active and 6 are cancelled or inactive. Other active GSTINs include 06AAACE0119K4ZY (Haryana), 06AAACE0119K3ZZ (Haryana), 06AAACE0119K5ZX (Haryana).

The CIN (Corporate Identification Number) of Ester Industries is L24111UR1985PLC015063. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Ester Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 500136) and NSE (symbol: ESTER).

Ester Industries has 46 court cases on record: 26 filed by the company and 20 filed against it. 8 are pending. Most are in the district courts.

Ester Industries was incorporated on 04 February 1985, making it 41+ years old. It is registered with the Registrar of Companies, Uttarakhand.

The peers of Ester Industries by revenue are Toppan Speciality Films Private Limited, SML Films Limited, Sparsh Industries Private Limited, Envalior India Private Limited, Snf(India) Private Limited, all in the Manufacturing industry (Films and Foils, Plastics and Resins), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).

Abhay Anant Gupte ceased to be Additional Director on 25 Jun 2025. Abhay Anant Gupte was appointed as Director on 06 May 2025. Ashok Kumar Newatia ceased to be Director on 31 Mar 2024. Ester Industries has 31 board changes on record in total.