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NSE Close — 25 Sep 2026
₹86.14
Change
-0.75 (-0.86%)
Open
₹86.8
Prev. Close
₹86.89
Day High
₹87.5
Day Low
₹85.72
Volume Analysis
Traded
24,329
Delivered
13,754
Delivery %
56.53%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (3)
- •Low return on equity (-3.53%)
- •Promoter holding is falling
- •Below-average fundamentals quality score (39/100)
Opportunities (0)
No signal for this stock
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹88.96 | ₹88.23 | ₹87.18 | ₹86.45 | ₹85.4 | ₹84.67 | ₹83.62 |
| Fibonacci | ₹88.23 | ₹87.55 | ₹87.13 | ₹86.45 | ₹85.77 | ₹85.35 | ₹84.67 |
| Camarilla | ₹86.63 | ₹86.47 | ₹86.3 | ₹86.45 | ₹85.98 | ₹85.81 | ₹85.65 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
-15.42%
1 Week
-1.18%
1 Month
-8.1%
3 Months
-4.14%
6 Months
+4.77%
1 Year
-21.65%
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
DuPont ROE Breakdown
-0.25%
Net margin -0.14% × asset turnover 0.82x × equity multiplier 2.14x
Company Overview
Sector
Capital Goods
Market Cap
₹921 Cr
ROE
-3.53%
Book Value
₹80.2
Face Value
₹5.0
Source: Screener.in (Consolidated figures) — data as of 24 Sep 2026. Not investment advice.
TopFund Analysis
Ester Industries Ltd scores weakly on TopFund's composite fundamentals check within the Capital Goods sector, at 39/100. The strongest factor is Financial Strength (63/100), while Cash Flow (24/100) is the weakest area to weigh before deciding. Notably: Low return on equity (-3.53%); promoter holding is falling.
TopFund Score — Fundamentals Quality
39/100 — WeakData confidence: 75/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 27 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Stock is trading at 1.10 times its book value
- −Company has low interest coverage ratio.
- −Promoter holding has decreased over last quarter: -0.40%
- −The company has delivered a poor sales growth of 6.76% over past five years.
- −Company has a low return on equity of -6.50% over last 3 years.
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Newspaper Publication on Notice of the 40th AGM and E-Voting Information
40th AGM on 24 Sep 2026; final dividend ₹0.25/share, record date 17 Sep 2026.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 258 | 261 | 268 | 277 | 286 | 331 | 346 | 319 | 338 | 354 | 339 | 344 | 432 |
| Expenses + | 257 | 272 | 287 | 271 | 275 | 291 | 286 | 283 | 318 | 340 | 323 | 302 | 383 |
| Operating Profit | 0 | -10 | -20 | 6 | 11 | 40 | 60 | 36 | 20 | 14 | 16 | 42 | 49 |
| OPM % | 0.0% | -3.9% | -7.0% | 2.2% | 3.9% | 12.0% | 17.0% | 11.0% | 6.0% | 4.0% | 4.8% | 12.0% | 11.0% |
| Other Income + | 9 | 10 | 5 | 3 | 6 | 3 | 5 | 3 | 9 | 3 | 5 | 1 | 10 |
| Interest | 17 | 18 | 18 | 18 | 17 | 18 | 16 | 16 | 15 | 17 | 16 | 16 | 17 |
| Depreciation | 16 | 17 | 17 | 18 | 17 | 17 | 17 | 17 | 17 | 17 | 18 | 18 | 18 |
| Profit before tax | -24 | -35 | -50 | -27 | -17 | 7 | 31 | 6 | -4 | -17 | -13 | 9 | 24 |
| Tax % | -6.0% | -13.0% | -10.0% | -11.0% | -3.0% | 55.0% | 21.0% | 69.0% | 88.0% | -8.0% | -2.0% | 17.0% | 21.0% |
| Net Profit + | -22 | -30 | -45 | -24 | -16 | 3 | 25 | 2 | -7 | -16 | -12 | 8 | 19 |
| EPS in Rs | -3 | -4 | -5 | -3 | -2 | 0 | 3 | 0 | -1 | -2 | -1 | 1 | 2 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 671 | 698 | 884 | 928 | 895 | 768 | 992 | 1,110 | 1,114 | 1,063 | 1,282 | 1,375 | 1,469 |
| Expenses + | 448 | 663 | 842 | 853 | 823 | 698 | 760 | 939 | 1,022 | 1,086 | 1,135 | 1,282 | 1,347 |
| Operating Profit | 223 | 35 | 42 | 74 | 72 | 71 | 231 | 171 | 93 | -23 | 147 | 93 | 122 |
| OPM % | 33.0% | 5.0% | 4.8% | 8.0% | 8.0% | 9.0% | 23.0% | 15.0% | 8.0% | -2.1% | 12.0% | 7.0% | 8.0% |
| Other Income + | 1 | 6 | 5 | 5 | 3 | 5 | 8 | 60 | 137 | 26 | 16 | 18 | 19 |
| Interest | 13 | 35 | 26 | 35 | 37 | 36 | 19 | 25 | 36 | 70 | 67 | 65 | 67 |
| Depreciation | 18 | 27 | 29 | 30 | 32 | 32 | 35 | 37 | 44 | 68 | 69 | 70 | 71 |
| Profit before tax | 193 | -21 | -8 | 14 | 5 | 7 | 185 | 169 | 149 | -135 | 28 | -24 | 3 |
| Tax % | 33.0% | -34.0% | -32.0% | 41.0% | 21.0% | 33.0% | 26.0% | 19.0% | 8.0% | -10.0% | 51.0% | 13.0% | — |
| Net Profit + | 129 | -14 | -5 | 8 | 4 | 5 | 137 | 137 | 137 | -121 | 14 | -27 | -2 |
| EPS in Rs | 21 | -2 | -1 | 1 | 1 | 1 | 16 | 16 | 16 | -13 | 1 | -3 | 0 |
| Dividend Payout % | 19.0% | 0.0% | 0.0% | 38.0% | 0.0% | 0.0% | 21.0% | 20.0% | 3.0% | 0.0% | 0.0% | -9.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 246 | 232 | 226 | 232 | 241 | 250 | 470 | 580 | 702 | 671 | 726 | 734 |
| Borrowings + | 224 | 304 | 335 | 363 | 376 | 316 | 208 | 639 | 816 | 773 | 660 | 729 |
| Other Liabilities + | 122 | 60 | 60 | 72 | 67 | 80 | 142 | 168 | 155 | 153 | 140 | 162 |
| Total Liabilities | 623 | 627 | 652 | 698 | 714 | 688 | 862 | 1,428 | 1,715 | 1,643 | 1,573 | 1,674 |
| Fixed Assets + | 363 | 350 | 376 | 390 | 399 | 385 | 377 | 390 | 979 | 989 | 977 | 978 |
| CWIP | 5 | 17 | 5 | 18 | 12 | 23 | 76 | 435 | 79 | 83 | 39 | 36 |
| Investments | 1 | 1 | 0 | 0 | 0 | 0 | 1 | 0 | 154 | 69 | 75 | 78 |
| Other Assets + | 254 | 258 | 272 | 290 | 303 | 280 | 407 | 604 | 503 | 502 | 482 | 581 |
| Total Assets | 623 | 627 | 652 | 698 | 714 | 688 | 862 | 1,428 | 1,715 | 1,643 | 1,573 | 1,674 |
| Equity Capital | 31 | 31 | 31 | 31 | 31 | 42 | 42 | 42 | 42 | 47 | 47 | 49 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 83 | 47 | 23 | 52 | 68 | 81 | 146 | 62 | 58 | 44 | 112 | 89 |
| Cash from Investing Activity + | -222 | -36 | -27 | -57 | -36 | -20 | -147 | -392 | -199 | 42 | -56 | -116 |
| Cash from Financing Activity + | 140 | -9 | 4 | -2 | -18 | -75 | 3 | 384 | 114 | -14 | -133 | 6 |
| Net Cash Flow | 1 | 3 | 0 | -7 | 14 | -14 | 2 | 54 | -28 | 72 | -77 | -21 |
| CFO/OP | 59 | 143 | 54 | 69 | 97 | 117 | 83 | 69 | 73 | -202 | 78 | 101 |
| Free Cash Flow | -138 | 11 | -14 | -5 | 32 | 58 | 10 | -352 | -198 | -28 | 82 | 27 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 35.91% | 35.92% | 37.5% | 37.49% | 37.06% | 37.55% | 37.51% | 37.09% | 37.19% | 37.09% | 37.07% | 37.49% |
| Promoters | 64.04% | 64.04% | 62.45% | 62.45% | 62.4% | 62.4% | 62.4% | 62.73% | 62.73% | 62.72% | 62.72% | 62.32% |
| FII | 0.04% | 0.03% | 0.04% | 0.03% | 0.1% | 0.04% | 0.08% | 0.17% | 0.03% | 0.06% | 0.05% | 0.03% |
| DII | 0.01% | 0.01% | 0.01% | 0.01% | 0.44% | 0.01% | 0.01% | 0.01% | 0.04% | 0.13% | 0.16% | 0.15% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Capital Goods — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| Ester Industries Ltd (this stock) | 921 | — | 1.1 | -3.53% |
| Taneja Aerospace & Avia L | 899 | 47.0 | 5.81 | 11.4% |
| Rajoo Engineers Limited | 948 | 19.6 | 2.75 | 18.9% |
| Swelect Energy Sys Ltd | 890 | 20.7 | 0.97 | 5.34% |
| Salzer Electronics Ltd | 957 | 21.9 | 1.61 | 9.4% |
| Kirloskar Electric Co Ltd | 878 | 57.2 | 6.36 | 6.78% |
| Kanoriachemicals- | 872 | 14.3 | 1.52 | 22.1% |
Which Mutual Funds Hold Ester Industries Ltd?
Frequently Asked Questions about Ester Industries Ltd
Ester Industries Ltd (ESTER) closed at ₹86.14 on NSE on 25 September 2026, down 0.75 (0.86%) from the previous close.
Ester Industries Ltd trades on the NSE (National Stock Exchange of India) under the symbol ESTER.
Ester Industries Ltd has a dividend yield of 0.28%.
Ester Industries Ltd's 52-week high is ₹133.0 and its 52-week low is ₹68.6.
Ester Industries Ltd has a market capitalisation of ₹921 crore.
Ester Industries Ltd has a TopFund Quality Score of 39/100 (Weak), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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