ESTER Ester Industries Q3 FY26 results (Oct–Dec 2025) and concall
Ester Industries reported a challenging Q3 FY26, with a marginal decline in consolidated income and a significant drop in EBITDA, primarily due to aggressive price competition, US trade tariff disruptions, and one-time expenses. However, the Specialty Polymers segment demonstrated robust growth, and the Elite project is progressing well with a key off-take agreement. Management anticipates improved performance in coming quarters due to tariff resolutions and anti-dumping investigations.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q3 FY26: revenue down 9.1%, net profit down 126.3% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 298 | 275 | 258 | 279 | 260 −13% | 250 −9% |
| EBITDA | 32 | 42 | 33 | 26 | 11 −66% | 10 −76% |
| Net profit | 12 | 19 | 12 | 10 | -5 −142% | -5 −126% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
