Ester Industries Ltd (ESTER) — FY26 Annual Report | 2 September 2026 (2 announcements)

Ester Industries Ltd reported a 7.2% revenue increase to ₹1,392.7 crores for FY2025-26, driven by 16% growth in specialty polymers and 3.6x rise in rPET volume, while polyester film revenue declined due to US tariffs and Chinese dumping. The company proposed a ₹0.25 per share dividend, re-designated Arvind Singhania as Chairman, appointed Vaibhav Jha as CEO, and expanded recycling capacity to 28,000 MT/annum via ELITe joint venture. Material risks include deteriorating profitability (ROE down 89.94% to 0.47%), liquidity pressure (current ratio 1.75), and margin compression from market volatility. The Board approved ₹165.25 crores in share warrant issuances and emphasized strategic shift toward high-margin specialty films and polymers to capture 60%+ volume share in 2-3 years.

Ester Industries announced the web link to its 40th Annual Report for FY 2025-26 and disclosed final dividend of ₹0.25 per share with record date September 17, 2026, payable by October 24, 2026, subject to 10% TDS, while urging physical shareholders to update PAN, KYC, nomination and bank details before the September 10 deadline.