Ester Industries Limited — Investor Meet, 21-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Consolidated revenue rose 7% YoY to ₹357 Cr. Specialty Polymers' EBIT jumped 45% with 37% margins, while Polyester Films faced margin pressure from predatory imports and U.S. tariffs, despite 79% capacity utilization. Forex and mark-to-market losses also impacted reported EBITDA. The company saw robust 219% rPET volume growth and commissioned new 20,000 MTPA capacity. An antidumping duty investigation for polyester film imports is ongoing. The ELITe chemical recycling JV progresses well, securing key offtake deals with Nike and other global partners, providing a natural forex hedge through 100% exports. Management is confident in strategic growth.