Ester Industries Limited — Investor Meet, 21-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Ester Industries reported a strong Q4 FY26, signaling a turnaround with adjusted EBITDA of INR53.6 crores (15.5% margin) and PAT of INR7.9 crores. Full-year consolidated revenue grew 7.2% to INR1,392.7 crores. Management highlighted moderation of headwinds like Chinese dumping and US tariffs, alongside new anti-dumping duties expected in India, supporting BOPET film margin expansion. The company is confident about FY27, projecting sustained BOPET margins for 18-24 months and 8-10% demand growth. Strategic focus is on increasing value-added films (targeting 60%+) and specialty polymers, plus rapidly scaling its rPET business and advancing the ELITe chemical recycling JV. Outlook is very positive for future growth.