Ester Industries · forward-looking guidance across the available source record.
Guidance tracker
Management expects revenue growth driven by sustained higher global prices, improving capacity utilization, increasing proportion of specialty products, and operational efficiency gains from existing assets.
Currently at 29%, with management targeting up to 35% contribution by FY27 year-end and 50-60% over the next 2-3 years through continued focus on product development and customer qualifications.
Despite flat-to-single-digit growth in FY27 due to temporary demand pressure on high-margin products, management is confident of recovering by FY27 exit quarter and achieving 20%+ CAGR thereafter.
Currently running at high throughput with large portion consumed internally as feedstock; management expects production to surpass the 28,000 MTPA rated capacity by the exit quarter of FY27.
Management expects sustained margin improvement in BOPET films for at least 6-8 quarters due to favorable supply-demand dynamics and anti-dumping duties.
The company aims to increase the share of value-added films from current 25% to over 60% in the next 2-3 years.
Management expressed confidence in achieving ₹200 crore revenue from specialty polymers in FY27, implying ~12% growth over FY26.
Planned capex of ₹70 crore (₹15 crore new projects, balance sustenance) with annual debt repayment of ₹85 crore, targeting net debt reduction.