Ester Industries Limited Share Price and Company Fundamentals
Last traded: Yesterday at 9:59 AM
Ester Industries Limited manufactures and sells polyester films and engineering plastics in India and internationally. The company offers polyester films comprising special chemical coated, metalized high barrier, metalized ultra-high barrier, transparent high barrier, isotropic, heat seal, retort, shrink sleeve, matte, UV stabilized, white opaque, gold, embossable, high clear, high friction, insulation, twist, and antistatic films, as well as printing, converting, and metallizing films. It also provides engineering plastics products under the Estoplast brand, such as poly amides-based compounds; thermoplastics polyamide; thermoplastic polyester polybutylene terephthalate resins-based compounds; polycarbonate based compounds; thermoplastic polyester polyethylene terephthalate (pet) resins and pet based compounds; acrylonitrile butadiene styrene based compounds; polyoxymethelene based compounds; and blends/alloys. In addition, the company offers specialty polymers comprising masterbatches; technical yarns; textile grades for textile application; PET for food and packaging applications; and polyester chips. It serves the food packaging, beverage packaging, home and personal care, industrial packaging, construction, identification and security, automotive, electrical and electronics, appliance, consumer and industrial goods, optical fiber cable, carpet industry, and textile industry markets. Ester Industries Limited was incorporated in 1985 and is headquartered in Gurugram, India. Ester Industries Limited is a subsidiary of Wilemina Finance Corporation.
Key Metrics
PE ratio
7.76
PB ratio
1.71
Dividend yield
2.59%
Beta
1.08
Market cap
-
Enterprise value
-
Company profile
| Industry / Sector | Specialty Chemicals / Basic Materials |
|---|---|
| Website | https://www.esterindustries.com |
| Mailing address | Plot No. 11 Block-A Infocity-I Sector-33-34 Gurugram 122001 India |
| Phone / Fax | 91 12 4457 2100 / 91 12 4457 2199 |
Dividends
Dividend yield
2.59%
Dividend amount
₹3.30
Payout ratio
20.13%
Ester Industries Limited paid ₹3.30 dividend and the ex-dividend date was 22 Nov 2021.The dividend payout ratio is 20.13%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.ESTER dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.
ESTER's forward dividend amount is ₹3.3 and the forward dividend yield is 2.73%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.
Company Executives
As of Jul 2022, following are the company executives and directors listed on Ester Industries Limited.
| Name | Title | Age | Total Pay |
|---|---|---|---|
| Mr. Arvind Kumar Singhania B. Com | Chairman & CEO | 57 | 151.77M |
| Mr. Pradeep Kumar Rustagi B.Com. | Whole-Time Director & Exec. Director of Corp. Affairs | 60 | 10.26M |
| Mr. Manish Gupta | Chief Financial Officer | ||
| Mr. Ashok Kumar Agarwal B.E. (Electrical) | Exec. Director of Operations & Projects | 64 | |
| Mr. Diwaker Dinesh | Head of Legal, Company Sec. & Compliance Officer | ||
| K. K. Mangal B. Com | Gen. Mang. of Sales & Marketing | 70 | |
| Mr. Ayush Vardhan Singhania | Head of Bus. Devel. & Marketing and Whole-Time Director | 34 | |
| Mr. Asit Tanaji Bhalerao | Head of HR | ||
| Mr. Prabodh Kumar Gupta M. Sc. | Head of Marketing - Oriented Films | 60 | |
| Mr. Girish Behal | Bus. Head of Polyester Films & Specialty Polymer |
Profitability and management effectiveness
Profit margin
9.73%
Operating margin
14.39%
Return on assets
11.04%
Return on equity
24.12%
Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.
The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.
Valuation and Trading Info
The market capitalization of Ester Industries Limited is and its enterprise value is .
The ESTER's stocks Beta value is 1.08 making it 8% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.
Ester Industries Limited (NSE:ESTER) Frequently Asked Questions
1. What is Ester Industries Limited's Stock Symbol?
Ester Industries Limited trades on NSE under the ticker symbol "ESTER".
2. What is Ester Industries Limited's stock price today?
One share of ESTER stock can currently be purchased for approximately ₹125.7.
3. How can I contact Ester Industries Limited?
Ester Industries Limited's mailing address is Plot No. 11 Block-A Infocity-I Sector-33-34 Gurugram 122001 India. The company can be reached via phone at 91 12 4457 2100.
4. What is Ester Industries Limited's official website?
The official website of Ester Industries Limited is https://www.esterindustries.com.