Ester Industries Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Ester Industries Limited's yearly results (2023–2026), compared with Basic Materials companies in India. Tap ? on any ratio for what it means.
What stands out
- Growth Efficiency Ratio: Sales grew 24% in 3 years, but profit fell: ₹62 less profit per ₹100 of extra sales. Lower than 94% of Basic Materials companies in India.
- Shareholder Slice Ratio: Share count rose 17% in 3 years, so each share's slice of the company became smaller. Bigger rise in share count than 91% of Basic Materials companies in India.
- Cash Cushion Ratio: Debt, after subtracting cash, equals 62% of its market value (net debt). Lower than 89% of Basic Materials companies in India.
Where ₹100 of sales goes
Latest year (Mar 2026). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
1.5×Over the last 3 years its own operating cash covered its investment spending (capex) 1.5 times.
Higher than 59% of Basic Materials companies in India.
Cash Locked Ratio
₹23For every ₹100 of sales, ₹23 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹23 tied up three years earlier.
More money tied up than 56% of Basic Materials companies in India.
Growth quality
Steadiness Ratio
2/3 · 1/3Sales grew in 2 of the last 3 years; profit grew in 1 of 3.
Less steady than 69% of Basic Materials companies in India.
Growth Efficiency Ratio
−₹62Sales grew 24% in 3 years, but profit fell: ₹62 less profit per ₹100 of extra sales.
Lower than 94% of Basic Materials companies in India.
Asset Productivity Ratio
+24% / -2%In 3 years sales changed by +24% while total assets changed by -2%. Sales grew faster than assets.
Balance-sheet strength
Debt Due Cover Ratio
0.3×Debt due within a year is covered 0.3 times by its yearly operating cash.
Lower than 68% of Basic Materials companies in India.
Cash Cushion Ratio
−62%Debt, after subtracting cash, equals 62% of its market value (net debt).
Lower than 89% of Basic Materials companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 74% of Basic Materials companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 72% of Basic Materials companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (13)
Ester Industries Limited made a loss over the last year. Ester Industries Limited owes ₹0.53 for every ₹1 it owns. Ester Industries Limited made a loss in the year to Mar 2026, after a profit the year before.
Compared with Basic Materials companies in India · latest annual results Mar 2026.
P/E ratio
LossEster Industries Limited made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
1.18The share price is 1.18 times Ester Industries Limited's book value per share, lower than 71% of Basic Materials companies in India.
Market cap
₹926 CrThe total market value of all of Ester Industries Limited's shares at today's price (share price × number of shares), smaller than 64% of Basic Materials companies in India. PosiCap size class: Micro Cap.
Net worth (book value)
₹783 CrWhat Ester Industries Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2026).
Book value per share
₹75.05Net worth divided by the number of shares. The share price of ₹88.81 is 1.2 times this, which is the P/B above.
Return on equity (ROE)
-0.3%Ester Industries Limited lost 0.3% of its shareholders' money over the last year, lower than 91% of Basic Materials companies in India.
Owes vs Owns
0.53×Ester Industries Limited owes ₹0.53 for every ₹1 it owns (moderate), higher than 77% of Basic Materials companies in India.
Dividend yield
0.27%Ester Industries Limited pays 0.27% of its share price as dividends a year, lower than 77% of dividend-paying Basic Materials companies in India.
Revenue growth
+7%Revenue rose 7% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Profit growth
LossEster Industries Limited made a loss in the year to Mar 2026, after a profit the year before.
Profit margin
-2.0%Ester Industries Limited lost ₹2 for every ₹100 of revenue.
Interest cover
0.9×Ester Industries Limited's operating profit covered its interest costs 0.9 times in the year to Mar 2026.
Cash vs debt
Net debtEster Industries Limited had ₹570 Cr more debt than cash (net debt) at Mar 2026.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Ester Industries Limited: ₹926 Cr ÷ ₹783 Cr (31 Mar 2026) = 1.2.
What is Ester Industries Limited's return on equity?
Ester Industries Limited lost 0.3% of its shareholders' money over the last year, lower than 91% of Basic Materials companies in India.
How much does Ester Industries Limited owe compared with what it owns?
Ester Industries Limited owes ₹0.53 for every ₹1 it owns (moderate), higher than 77% of Basic Materials companies in India.
Does Ester Industries Limited pay a dividend?
Yes. Ester Industries Limited pays 0.27% of its share price as dividends a year, lower than 77% of dividend-paying Basic Materials companies in India.
Is Ester Industries Limited's revenue growing?
Revenue rose 7% in the year to Mar 2026, and grew 7% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.