Integrated Filing — IndAS

General information about company
Scrip Code	500136
NSE Symbol	ESTER
MSEI Symbol	NOTLISTED
ISIN	INE778B01029
Name of company	ESTER INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	21-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	21-May-2025   19:30:00
End date and time of board meeting	21-May-2025   20:15:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2022-08-10
Indicate Company website link for updated RPT policy of the Company	https://www.esterindustries.com/sites/default/files/RPT_%20Clean_Ver.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
1. Not Applicable n2. We hereby confirm, that there is no deviation or variation in the use of funds, raised through Preferential Issue of fully convertible warrants, from the objects stated in the Explanatory Statement to the Notice of Postal Ballot dated 14th September 2024. n nAccordingly, a Nil Statement of deviation or variation, duly reviewed by the Audit Committee of the Company for the quarter ended on 31st March 2025 is submitted herewith. n nAlso, it is hereby submitted that no funds have been raised during the reportinmg quarter. n

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	2580281000	10704622000
	Other income	33448000	144715000
	Total income	2613729000	10849337000
2	Expenses
(a)	Cost of materials consumed	1540723000	6901333000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	74357000	-27006000
(d)	Employee benefit expense	152722000	604892000
(e)	Finance costs	86662000	356786000
(f)	Depreciation, depletion and amortisation expense	107563000	433790000
(f)	Other Expenses
1	Other Expenses	484299000	2033132000
	Total other expenses	484299000	2033132000
	Total expenses	2446326000	10302927000
3	Total profit before exceptional items and tax	167403000	546410000
4	Exceptional items	0	0
5	Total profit before tax	167403000	546410000
6	Tax expense
7	Current tax	33665000	44226000
8	Deferred tax	10436000	96855000
9	Total tax expenses	44101000	141081000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	123302000	405329000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	123302000	405329000
17	Other comprehensive income net of taxes	-3267000	-36491000
18	Total Comprehensive Income for the period	120035000	368838000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	470209000	470209000
	Face value of equity share capital	5	5
27	Details of debt securities
22	Reserves excluding revaluation reserve		0
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	1.31	4.31
	Diluted earnings (loss) per share from continuing operations	1.31	4.31
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	1.31	4.31
	Diluted earnings (loss) per share from continuing and discontinued operations	1.31	4.31
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
27	Disclosure of notes on financial results		Due to restriction of 4000 words, we are unable to paste all Notes in the Standalone Audited Financial Results XBRL. n nNotes on the Audited Financial results are same as mentioned in the pdf uploaded on 21.05.2025 under Outcome of Board meeting on the Stock Exchanges.

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	4063130000
	Capital work-in-progress	389085000
	Investment property	0
	Goodwill	0
	Other intangible assets	701000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	4520000000
	Trade receivables, non-current	0
	Loans, non-current	2373000
	Other non-current financial assets	87077000
	Total non-current financial assets	4609450000
	Deferred tax assets (net)	10651000
	Other non-current assets	100766000
	Total non-current assets	9173783000
2	Current assets
	Inventories	1293076000
	Current financial asset
	Current investments	580128000
	Trade receivables, current	1329649000
	Cash and cash equivalents	225437000
	Bank balance other than cash and cash equivalents	332962000
	Loans, current	4827000
	Other current financial assets	17983000
	Total current financial assets	2490986000
	Current tax assets (net)	0
	Other current assets	199172000
	Total current assets	3983234000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	13157017000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	470209000
	Other equity	8609842000
	Total equity attributable to owners of parent	9080051000
	Non controlling interest
	Total equity	9080051000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	1441206000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	0
	Total non-current financial liabilities	1441206000
	Provisions, non-current	97292000
	Deferred tax liabilities (net)	246809000
	Deferred government grants, Non-current	0
	Other non-current liabilities	142250000
	Total non-current liabilities	1927557000
	Current liabilities
	Current financial liabilities
	Borrowings, current	1561979000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	70146000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	266922000
	Total Trade payable	337068000
	Other current financial liabilities	139305000
	Total current financial liabilities	2038352000
	Other current liabilities	53889000
	Provisions, current	45122000
	Current tax liabilities (Net)	12046000
	Deferred government grants, Current	0
	Total current liabilities	2149409000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	4076966000
	Total equity and liabilites	13157017000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Polyester Chips and film	2088841000	8952068000
2	Speciality polymers	491440000	1752554000
	Total Segment Revenue	2580281000	10704622000
	Less: Inter segment revenue	0	0
	Revenue from operations	2580281000	10704622000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Polyester Chips and film	264057000	879000000
2	Speciality polymers	137032000	582395000
	Total Profit before tax	401089000	1461395000
	i. Finance cost	86662000	86662000
	ii. Other Unallocable Expenditure net off Unallocable income	147024000	147024000
	Profit before tax	167403000	546410000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Polyester Chips and film	4583016000	4583016000
2	Speciality polymers	1315279000	1315279000
	Total Segment Asset	5898295000	5898295000
	Un-allocable Assets	7258722000	7258722000
	Net Segment Asset	13157017000	13157017000
4	Segment Liabilities
	Segment Liabilities
1	Polyester Chips and film	582133000	582133000
2	Speciality polymers	63322000	63322000
	Total Segment Liabilities	645455000	645455000
	Un-allocable Liabilities	3431511000	3431511000
	Net Segment Liabilities	4076966000	4076966000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Actuarial (loss)/gain on reimbursement of defined benefit plan	-1661000	-6828000
	Total Amount of items that will not be reclassified to profit and loss	-1661000	-6828000
2	Income tax relating to items that will not be reclassified to profit or loss	-441000	-1763000
3	Amount of items that will be reclassified to profit and loss
1	Effective portion of (loss)/gain on hedging instruments in cash flow hedge	-2882000	-42364000
	Total Amount of items that will be reclassified to profit and loss	-2882000	-42364000
4	Income tax relating to items that will be reclassified to profit or loss	-835000	-10938000
5	Total Other comprehensive income	-3267000	-36491000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			546410000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			315573000
	Adjustments for decrease (increase) in inventories			-165349000
	Adjustments for decrease (increase) in trade receivables, current			-259331000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			22242000
	Adjustments for other financial assets, non-current			-9091000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-15233000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			433790000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			-1896000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			25385000
	Adjustments for other financial liabilities, non-current			728000
	Adjustments for unrealised foreign exchange losses gains			7718000
	Adjustments for dividend income			0
	Adjustments for interest income			60011000
	Adjustments for share-based payments			2149000
	Adjustments for fair value losses (gains)			-7624000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-18327000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			6989000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			277712000
	Net cash flows from (used in) operations			824122000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			28400000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			795722000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			620000000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			-128063000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			170000000
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			159462000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			53716000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-261156000
	Net cash flows from (used in) investing activities	-1028839000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			9227000
	Proceeds from issuing other equity instruments			437500000
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			1127462000
	Repayments of borrowings			1801473000
	Payments of lease liabilities			15000
	Dividends paid			0
	Interest paid			313758000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-541057000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			-774174000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			-774174000
	Cash and cash equivalents cash flow statement at beginning of period			999611000
	Cash and cash equivalents cash flow statement at end of period			225437000

Signatory Details
Name of signatory	Sourabh Agarwal
Designation of person	Chief Financial Officer
Place	Delhi
Date	20-May-2025