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The sales is pegged at Rs. 2463.44 millions for the December 2019 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 2698.60 millions during the year-ago period.The Net Profit of the company reported a remarkable increase of 132.00% to Rs. 193.95 millions from Rs. 83.60 millions in previous same quarter.The company reported a good operating profit of 448.07 millions compared to 286.79 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 2463.44 2698.60 -8.71 7848.28 7730.14 1.53 10280.62 8244.90 24.69 Other Income 22.88 7.75 195.23 62.43 32.97 89.35 57.20 56.70 0.88 PBIDT 448.07 286.79 56.24 1448.06 826.10 75.29 1136.73 712.97 59.44 Interest 52.61 88.50 -40.55 196.13 264.26 -25.78 342.14 327.84 4.36 PBDT 395.46 198.29 99.44 1251.93 561.84 122.83 794.59 385.12 106.32 Depreciation 89.86 82.17 9.36 264.02 242.29 8.97 324.15 310.24 4.48 PBT 305.60 116.12 163.18 987.91 319.55 209.16 470.43 74.88 528.25 TAX 111.65 32.52 243.33 362.03 89.00 306.78 159.38 21.95 626.10 Deferred Tax 43.59 6.89 532.66 125.88 15.57 708.48 53.53 4.19 1177.57 PAT 193.95 83.60 132.00 625.88 230.55 171.47 311.06 52.94 487.57 Equity 416.97 416.97 0.00 416.97 416.97 0.00 416.97 416.97 0.00 PBIDTM(%) 18.19 10.63 71.15 18.45 10.69 72.65 11.06 8.65 27.87
The sales for the June 2019 quarter moved up 25.29% to Rs. 2840.77 millions as compared to Rs. 2267.41 millions during the corresponding quarter last year.Net Profit witnessed a 223.43% growth almost the double from Rs. 74.04 millions to Rs. 239.47 millions of same quarter last year.OP of the company witnessed a marginal growth to 535.00 millions from 266.90 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 2840.77 2267.41 25.29 2840.77 2267.41 25.29 10280.62 8244.90 24.69 Other Income 19.21 10.09 90.39 19.21 10.09 90.39 57.20 56.70 0.88 PBIDT 535.00 266.90 100.45 535.00 266.90 100.45 1136.73 712.97 59.44 Interest 73.26 85.22 -14.03 73.26 85.22 -14.03 342.14 327.84 4.36 PBDT 461.74 181.68 154.15 461.74 181.68 154.15 794.59 385.12 106.32 Depreciation 85.73 78.90 8.66 85.73 78.90 8.66 324.15 310.24 4.48 PBT 376.01 102.78 265.84 376.01 102.78 265.84 470.43 74.88 528.25 TAX 136.54 28.74 375.09 136.54 28.74 375.09 159.38 21.95 626.10 Deferred Tax 34.34 5.44 531.25 34.34 5.44 531.25 53.53 4.19 1177.57 PAT 239.47 74.04 223.43 239.47 74.04 223.43 311.06 52.94 487.57 Equity 416.97 416.97 0.00 416.97 416.97 0.00 416.97 416.97 0.00 PBIDTM(%) 18.83 11.77 59.99 18.83 11.77 59.99 11.06 8.65 27.87
The company witnessed a 15.91% growth in the revenue at Rs. 2550.48 millions for the quarter ended March 2019 as compared to Rs. 2200.42 millions during the year-ago period.Net Profit recorded in the quarter ended March 2019 rise to 43.67% to Rs. 80.54 millions compared to R. 56.06 millions in corresponding previous quarter.Operating profit surged to 310.65 millions from the corresponding previous quarter of 237.54 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 2550.48 2200.42 15.91 10280.62 8244.90 24.69 10280.62 8244.90 24.69 Other Income 24.23 10.84 123.52 57.20 56.70 0.88 57.20 56.70 0.88 PBIDT 310.65 237.54 30.78 1136.73 712.97 59.44 1136.73 712.97 59.44 Interest 77.88 80.66 -3.45 342.14 327.84 4.36 342.14 327.84 4.36 PBDT 232.77 156.88 48.37 794.59 385.12 106.32 794.59 385.12 106.32 Depreciation 81.86 77.07 6.22 324.15 310.24 4.48 324.15 310.24 4.48 PBT 150.91 79.81 89.09 470.43 74.88 528.25 470.43 74.88 528.25 TAX 70.38 23.75 196.34 159.38 21.95 626.10 159.38 21.95 626.10 Deferred Tax 37.96 6.35 497.80 53.53 4.19 1177.57 53.53 4.19 1177.57 PAT 80.54 56.06 43.67 311.06 52.94 487.57 311.06 52.94 487.57 Equity 416.97 416.97 0.00 416.97 416.97 0.00 416.97 416.97 0.00 PBIDTM(%) 12.18 10.80 12.83 11.06 8.65 27.87 11.06 8.65 27.87
The June 2018 quarter revenue stood at Rs. 2267.41 millions, up 10.70% as compared to Rs. 2048.25 millions during the corresponding quarter last year.The Total Profit for the quarter ended June 2018 of Rs. 74.04 millions grew from Rs.-1.35 millionsOP of the company witnessed a marginal growth to 266.90 millions from 159.52 millions in the same quarter last year. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 2267.41 2048.25 10.70 2267.41 2048.25 10.70 8244.90 7694.54 7.15 Other Income 10.09 11.18 -9.75 10.09 11.18 -9.75 56.70 63.39 -10.55 PBIDT 266.90 159.52 67.31 266.90 159.52 67.31 712.97 491.89 44.95 Interest 85.22 84.48 0.88 85.22 84.48 0.88 327.84 333.60 -1.73 PBDT 181.68 75.04 142.11 181.68 75.04 142.11 385.12 158.29 143.30 Depreciation 78.90 77.04 2.41 78.90 77.04 2.41 310.24 317.55 -2.30 PBT 102.78 -2.00 -5239.00 102.78 -2.00 -5239.00 74.88 -159.26 -147.02 TAX 28.74 -0.65 -4521.54 28.74 -0.65 -4521.54 21.95 -52.38 -141.91 Deferred Tax 5.44 -0.65 -936.92 5.44 -0.65 -936.92 4.19 -52.38 -108.00 PAT 74.04 -1.35 -5584.44 74.04 -1.35 -5584.44 52.94 -106.88 -149.53 Equity 416.97 416.97 0.00 416.97 416.97 0.00 416.97 416.97 0.00 PBIDTM(%) 11.77 7.79 51.14 11.77 7.79 51.14 8.65 6.39 35.27
With no major difference for the quarter endedMarch 2018 , the total revenue stood at Rs. 2200.42 millions.The Total Profit for the quarter ended March 2018 of Rs. 56.06 millions grew from Rs.-6.07 millionsOperating Profit saw a handsome growth to 237.54 millions from 150.18 millions in the quarter ended March 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 2200.42 2152.18 2.24 8244.90 7694.54 7.15 8244.90 7694.54 7.15 Other Income 10.84 18.24 -40.57 56.70 63.39 -10.55 56.70 63.39 -10.55 PBIDT 237.54 150.18 58.17 712.97 491.89 44.95 712.97 491.89 44.95 Interest 80.66 83.94 -3.91 327.84 333.60 -1.73 327.84 333.60 -1.73 PBDT 156.88 66.24 136.84 385.12 158.29 143.30 385.12 158.29 143.30 Depreciation 77.07 77.28 -0.27 310.24 317.55 -2.30 310.24 317.55 -2.30 PBT 79.81 -11.04 -822.92 74.88 -159.26 -147.02 74.88 -159.26 -147.02 TAX 23.75 -4.96 -578.83 21.95 -52.38 -141.91 21.95 -52.38 -141.91 Deferred Tax 6.35 -4.96 -228.02 4.19 -52.38 -108.00 4.19 -52.38 -108.00 PAT 56.06 -6.07 -1023.56 52.94 -106.88 -149.53 52.94 -106.88 -149.53 Equity 416.97 416.97 0.00 416.97 416.97 0.00 416.97 416.97 0.00 PBIDTM(%) 10.80 6.98 54.70 8.65 6.39 35.27 8.65 6.39 35.27
Ester Industries is currently trading at Rs. 67.30, up by 6.10 points or 9.97% from its previous closing of Rs. 61.20 on the BSE.The scrip opened at Rs. 67.30 and has touched a high and low of Rs. 67.30 and Rs. 67.30 respectively. So far 112923 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 73.50 on 12-Jan-2018 and a 52 week low of Rs. 30.00 on 11-Aug-2017.Last one week high and low of the scrip stood at Rs. 67.30 and Rs. 57.60 respectively. The current market cap of the company is Rs. 561.24 crore.The promoters holding in the company stood at 59.14%, while Institutions and Non-Institutions held 0.10% and 40.76% respectively.Ester Industries has entered into a long term agreement with Shaw Industries Group Inc, USA, a wholly owned subsidiary of Berkshire Hatha way, Inc to supply circa 2,500 tonnes per year of its stain resistant Master batch MB-03. The total size of this single order is estimated to be around Rs 90 crore per year which is more than double the Company’s FY2017 Speciality Polymer revenues which amounted to Rs 43 crore. The agreement is open ended with the first purchase order received and shipment slated to commence in February 2018.The company’s main business activities are production and marketing of versatile ranges of polyester films and engineering plastics.
Ester Industries is currently trading at Rs. 53.65, up by 4.60 points or 9.38% from its previous closing of Rs. 49.05 on the BSE.The scrip opened at Rs. 50.00 and has touched a high and low of Rs. 55.00 and Rs. 47.00 respectively. So far 323735 shares were traded on the counter.The BSE group `B` stock of face value Rs. 5 has touched a 52 week high of Rs. 77.00 on 14-Jan-2016 and a 52 week low of Rs. 33.95 on 29-Feb-2016.Last one week high and low of the scrip stood at Rs. 55.00 and Rs. 43.00 respectively. The current market cap of the company is Rs. 443.24 crore.The promoters holding in the company stood at 59.14%, while institutions and non-institutions held 0.20% and 40.66% respectively.Ester Industries has filed another patent application under PCT (Patent Cooperation Treaty) for Master Batch to produce Speciality polyester yarn. The company has till now filed patents for 9 products in Speciality Polymer business.Further, the company is also planning to set up R&D and Innovation centre at Gurgaon at an approximate cost of Rs 50 crore.Ester Industries’ main business activities are production and marketing of versatile ranges of polyester films and engineering plastics.
Ester Industries is currently trading at Rs. 46.00, up by 1.50 points or 3.37% from its previous closing of Rs. 44.50 on the BSE.The scrip opened at Rs. 44.80 and has touched a high and low of Rs. 47.05 and Rs. 44.45 respectively. So far 20523 shares were traded on the counter.The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 108.15 on 03-Dec-2015 and a 52 week low of Rs. 33.95 on 29-Feb-2016.Last one week high and low of the scrip stood at Rs. 51.85 and Rs. 44.00 respectively. The current market cap of the company is Rs. 381.53 crore.The promoters holding in the company stood at 54.22%, while Institutions and Non-Institutions held 0.22% and 45.56% respectively.Ester Industries has voluntarily dissolved its wholly owned subsidiary - Ester International (USA). The subsidiary was not in operation from last several years.Ester Industries’ main business activities are production and marketing of versatile ranges of polyester films and engineering plastics.
Ester Industries has informed about Conference Call for Investors and Analysts.The above information is a part of company’s filings submitted to BSE.
Ester Industries has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Ester Industries has informed about Conference call for Investors and Analysts.The above information is a part of company’s filings submitted to BSE.
Ester Industries has informed about a Press Release dated January 21, 2016, titled ‘Ester Industries's products gain recognition at the 6th National Awards for Technology Innovation 2015-16 in Petrochemicals under the category of Innovation in Polymeric Materials.The above information is a part of company’s filings submitted to BSE.