Ester Industries Limited — PPTs, 15-11-2025: Investor Presentation

Ester Industries reported Q2 FY26 consolidated revenue up 7% YoY to ₹357 crore. However, EBITDA dipped 59% to ₹17 crore, resulting in a ₹16 crore net loss due to margin pressure in Polyester Films from imports and US Trade Tariffs. Specialty Polymers was a bright spot, with revenue soaring 39% to ₹57 crore and EBIT up 45% to ₹21 crore, driven by strong demand and IP protection.

The company is strategically focusing on increasing value-added products to 25% by Q4 FY26 and operational efficiency. A key growth driver is the ELITe JV for a chemical recycling plant (projected at US$ 180 Mn), set to boost sustainability. ELITe recently secured Nike as an anchor customer for its 'Twist' recycled polyester resin, with other alliances also forming. Management is confident about future value creation from film demand, specialty polymer IP, and the ELITe project, anticipating improved performance ahead.