pocketful logo
Ester Industries Ltd logo

Ester Industries Ltd

NSE: ESTER BSE: 500136

105.62

(1.63%)

Tue, 03 Mar 2026, 11:54 am

Ester Industries Analysis

dividend

thumbs up icon

Pros

  • Dividends paid are thoroughly covered by earnings (17x coverage).
  • Ester Industries's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
thumbs up icon

Cons

  • Dividends per share have fallen over the past 10 years.
  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Ester Industries's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

thumbs up icon

Pros

  • Ester Industries is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ester Industries is profitable, therefore cash runway is not a concern.
  • Ester Industries is profitable, therefore cash runway is not a concern.
  • Debt is well covered by operating cash flow (116.3%, greater than 20% of total debt).
  • Debt is covered by short term assets, assets are 1.6x debt.
  • Ester Industries's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (138.1% vs 47.1% today).
  • Interest payments on debt are well covered by earnings (EBIT is 6.3x coverage).
thumbs up icon

Cons

  • Ester Industries's level of debt (47.1%) compared to net worth is high (greater than 40%).
  • High level of physical assets or inventory.

management

thumbs up icon

Pros

  • The tenure for the Ester Industries board of directors is about average.
  • Arvind's compensation has been consistent with company performance over the past year, both up more than 20%.
  • The average tenure for the Ester Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
thumbs up icon

Cons

  • Arvind's remuneration is higher than average for companies of similar size in India.

misc

thumbs up icon

Pros

    thumbs up icon

    Cons

    • Ester Industries is not covered by any analysts.
    • Ester Industries has significant price volatility in the past 3 months.

    past

    thumbs up icon

    Pros

    • Ester Industries's 1-year earnings growth exceeds its 5-year average (146.5% vs 66.4%)
    • Ester Industries has delivered over 20% year on year earnings growth in the past 5 years.
    • Ester Industries used its assets more efficiently than the IN Chemicals industry average last year based on Return on Assets.
    • Ester Industries has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
    • Ester Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
    • Ester Industries's earnings growth has exceeded the IN Chemicals industry average in the past year (146.5% vs 9.1%).
    thumbs up icon

    Cons

      value

      thumbs up icon

      Pros

      • Ester Industries's share price is below the future cash flow value, and at a moderate discount (> 20%).
      • Ester Industries's share price is below the future cash flow value, and at a substantial discount (> 40%).
      • Ester Industries is good value based on assets compared to the IN Chemicals industry average.
      • Ester Industries is good value based on earnings compared to the IN Chemicals industry average.
      • Ester Industries is good value based on earnings compared to the India market.
      • 500136 outperformed the Chemicals industry which returned 2.2% over the past year.
      • 500136 outperformed the Market in India which returned -14.5% over the past year.
      • BSE:500136 is up 29.8% outperforming the Chemicals industry which returned 6.9% over the past month.
      • BSE:500136 is up 29.8% outperforming the market in India which returned 8% over the past month.
      thumbs up icon

      Cons

        Open Your Free Demat Account Now!

        Step into a world of zero fees and limitless opportunities!

        pocketful logo

        2022-25 Pocketful. All rights reserved, Built with in India

        Version -5.76

        app image 1app image 2

        Explore

        Calculatorsfooter arrow down icon
        Popular Calculatorsfooter arrow down icon
        Group Stocksfooter arrow down icon

        Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800