5001362025-10-012025-12-315001362025-12-315001362025-04-012025-12-315001362025-10-012025-12-31in-capmkt:OtherExpenses1Member5001362025-04-012025-12-31in-capmkt:OtherExpenses1Member5001362025-10-012025-12-31in-capmkt:ReportableSegments1Member5001362025-10-012025-12-31in-capmkt:ReportableSegments2Member5001362025-04-012025-12-31in-capmkt:ReportableSegments1Member5001362025-04-012025-12-31in-capmkt:ReportableSegments2Member5001362025-10-012025-12-31in-capmkt:ReportableSegments1Member5001362025-10-012025-12-31in-capmkt:ReportableSegments2Member5001362025-04-012025-12-31in-capmkt:ReportableSegments1Member5001362025-04-012025-12-31in-capmkt:ReportableSegments2Member5001362025-10-012025-12-31in-capmkt:ReportableSegments1Member5001362025-12-31in-capmkt:ReportableSegments1Member5001362025-10-012025-12-31in-capmkt:ReportableSegments2Member5001362025-12-31in-capmkt:ReportableSegments2Member5001362025-10-012025-12-31in-capmkt:ReportableSegments1Member5001362025-12-31in-capmkt:ReportableSegments1Member5001362025-10-012025-12-31in-capmkt:ReportableSegments2Member5001362025-12-31in-capmkt:ReportableSegments2Member5001362025-10-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15001362025-04-012025-12-31ItemsThatWillNotBeReclassifiedToProfitAndLoss15001362025-10-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15001362025-04-012025-12-31ItemsThatWillBeReclassifiedToProfitAndLoss15001362025-10-012025-12-31AuditorDomain1iso4217:INRiso4217:INRxbrli:shares500136ESTERNOTLISTEDINE778B01029ESTER INDUSTRIES LIMITEDMain BoardEquity2025-04-012026-03-312026-02-062026-02-02INRLakhsQuarterlyThird quarterMulti segment2026-02-0610:30:002026-02-0612:00:00Declaration of unmodified opinion2025-10-012025-12-31UnauditedConsolidated338980200045251000343505300022875170000-83770002241190001599050001764490007192800003558893000-123840000-2921000-126761000-72410004606000-26350000-1241260000000-1241260003847000-12027900000004879310005-1.27-1.2700-1.27-1.271. In terms of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, these consolidated financial results ("financial results") for the quarter and nine months period ended 31 December 2025 have been reviewed and recommended for approval by the Audit Committee and accordingly have been approved by the Board of Directors of Ester Industries Limited ("the Holding Company") at their respective meetings held on 6 Februrary 2026. <BR> <BR> 2. The above financial results have been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting (‘Ind AS 34’), prescribed under section 133 of the Companies Act, 2013 (‘the Act’) read with the Companies (Indian Accounting Standards) Rules, 2015 as amended from time to time, and other accounting principles generally accepted in India and in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended), including relevant circulars issued by the SEBI from time to time. <BR> <BR> 3. During the month of April 2025, the Holding Company has received balance cash consideration (75%) amounting to Rs 41,99,99,789.10 with respect to 35,44,302 share warrants of face value of Rs 5/- per warrant at an issue price of Rs 158/- per warrant. The Board of Directors of the Company has, inter alia, considered and approved the allotment of 35,44,302 equity shares of face value of Rs. 5/- each pursuant to the conversion of 35,44,302 fully convertible warrants by way of preferential allotment on a private placement basis to the persons/entities belonging to the promoter and promoter group and non-promoter group by way of circular resolution passed on 30 April 2025. <BR> <BR> 4. Ind AS 108 Operating Segment is a component of the Group that engages in business activities whose operating results are regularly reviewed by the Holding Company's Chief Operating Decision Maker (CODM) to make decisions about resources to be allocated to the segment and assess its performance and for which discrete financial information is available. Accordingly, the Group has identified its operating segments as below: <BR> a) Polyester chips and film <BR> b) Speciality polymers <BR> Pursuant to an operational realignment undertaken during the quarter ended 30 June 2025, a revised approach adopted by the Chief Operating Decision Maker (CODM) for performance evaluation and resource allocation, the recycled Polyester Chips (rPET) business has been reclassified from the "Speciality Polymers" segment to the "Polyester Chips and Film" segment. In accordance with the requirements of Ind AS 108 Operating Segments, the segment information for the quarter and nine months period ended 31 December 2024 and the year ended 31 March 2025 has been restated to reflect this change, ensuring consistency and comparability across reporting period. <BR> <BR> 5. Effective 21 November 2025, the Government of India has consolidated multiple existing labour legislations into a unified framework comprising four labour Codes collectively referred to as the 'New Labour Codes'. <BR> Under Ind AS 19, changes to employee benefit plans arising from legislative amendments constitute a plan amendment, requiring recognition of past service cost immediately in the statement of profit and loss. <BR> The New Labour Codes have resulted in one time increase in provision for employee benefit of the Group. The estimated incremental impact of the same amounting to Rs. 267.14 Lacs has been recognised in the Consolidated Statement of profit and loss for the quarter and nine months ended 31 December 2025. <BR> The Group continues to monitor the finalisation of Central/ State Rules and any clarifications from the Government on other aspects of the New Labour Codes and would provide appropriate accounting effect in the relevant period on the basis of such developments as needed. <BR> <BR> 6. Subsequent to the period ended 31 December 2025, the Nomination and Remuneration Committee of the Board of Directors of Ester Industries Limited approved the grant of 19,188 stock options under the ‘Ester Industries Limited Employees Stock Option Plan 2024’ (ESOP 2024) on 8 January 2026. Each stock option, upon exercise, will result in the issuance of one equity share of the Company at an exercise price of Rs. 79.2025-04-012025-12-31UnauditedConsolidated103137440001622090001047595300068922440000-62788000602415000487021000522663000235930100010800856000-324903000-12275000-337178000115630004709000162720000-3534500000000-353450000451000-35299900000004879310005-3.64-3.6400-3.64-3.64Other Expenses719280000Other Expenses2359301000Polyester chips and film2877361000Speciality polymers512441000Polyester chips and film8746959000Speciality polymers1566785000338980200010313744000338980200010313744000Polyester chips and film47645000Speciality polymers159610000Polyester chips and film55655000Speciality polymers524148000207255000579803000159905000487021000174111000429960000-126761000-337178000Polyester chips and film12081945000Speciality polymers132275500013404700000335219400016756894000Polyester chips and film4990436000Speciality polymers27280000501771600039958940009013610000Re-measurement gain/ (loss) on defined benefit plans23760002376000Re-measurement gain/ (loss) on defined benefit plans1000010000795000165000Effective portion of gain/ (loss) on hedging instruments in cash flow hedge33840003384000Effective portion of gain/ (loss) on hedging instruments in cash flow hedge1073000107300011180004670003847000451000UnauditedtrueWalker Chandiok & Co. LLPtrue2028-05-31