Ester IndustriesNSE:ESTER -0.01%65 Current Ratio is 1.44 as of Mar. 2026, which is 3% below its 10-year median of 1.48. GuruFocus rates NSE:ESTER with a GF Score™ of 65/100 and a GF Value™ of ₹116.90 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,610 Chemicals companies, Ester Industries ranks worse than 67.08% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Ester Industries's current ratio for the quarter that ended in Mar. 2026 was 1.44.
Ester Industries has a current ratio of 1.44. It generally indicates good short-term financial strength.
The historical rank and industry rank for Ester Industries's Current Ratio or its related term are showing as below:
NSE:ESTER'
s Current Ratio Range Over the Past 10 Years
Min: 0.88 Med: 1.48 Max: 1.95
Current: 1.44
During the past 13 years, Ester Industries's highest Current Ratio was 1.95. The lowest was 0.88. And the median was 1.48.
NSE:ESTER's Current Ratio is ranked worse than 67.08% of 1610
companies
in the Chemicals industry
Industry Median: 1.89
vs NSE:ESTER: 1.44
Ester Industries (NSE:ESTER) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
Ester Industries Current Ratio Related Terms
Ester Industries Current Ratio Historical Data
* Premium members only.
The historical data trend for Ester Industries's Current Ratio can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:ESTER vs LIN, SHW, ECL: Current Ratio Comparison
For the Specialty Chemicals subindustry, Ester Industries's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ester Industries Current Ratio vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Ester Industries's Current Ratio distribution charts can be found below:
* The bar in red indicates where Ester Industries's Current Ratio falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Ester Industries (NSE:ESTER) has a Current Ratio of 1.44 as of Mar. 2026. This is near median its historical median of 1.48. Over the past decade, Ester Industries' Current Ratio has ranged from 0.88 to 1.95. According to the industry distribution chart, Ester Industries ranks #1080 out of 1610 companies in the Chemicals industry, placing it in the top 67.1%.
Is Ester Industries' Current Ratio too high?
Ester Industries' current Current Ratio of 1.44 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.88 to a high of 1.95. The Chemicals industry median Current Ratio is 1.89. Ester Industries' value of 1.44 is 23.8% below this industry median. Based on the distribution chart, Ester Industries ranks #1080 out of 1610 companies in the Chemicals industry, which is below the industry midpoint. Overall, Ester Industries has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ester Industries' Current Ratio compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ester Industries ranks #1080 out of 1610 companies for Current Ratio. This places Ester Industries in the lower half of its industry. The industry median Current Ratio is 1.89. Ester Industries' value of 1.44 is 23.8% below this benchmark. Historically, Ester Industries' own Current Ratio has ranged from 0.88 to 1.95 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 1.89, Ester Industries has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Chemicals company?
The median Current Ratio among Chemicals companies is 1.89, based on 1,610 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ester Industries's current Current Ratio of 1.44 is 23.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median Current Ratio is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ester Industries's current Current Ratio is 1.44, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ester Industries stock overvalued right now?
Based on GuruFocus' analysis, Ester Industries (NSE:ESTER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹116.90, compared to a current price of ₹89.86 — trading 23.1% below its estimated fair value. The current Current Ratio is 1.44, which is near median its 10-year median of 1.48 and 23.8% below the Chemicals industry median of 1.89. Ester Industries' overall GF Score™ is 65/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Ester Industries (NSE:ESTER), the current Current Ratio is 1.44 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Ester Industries (NSE:ESTER) Overvalued in 2026?
Based on GuruFocus' analysis, Ester Industries stock appears to be undervalued.
The current stock price of ₹89.86 is trading 23.1% below its estimated GF Value™ of ₹116.90.
GuruFocus considers Ester Industries to be Modestly Undervalued.
Key valuation signals for NSE:ESTER:
Current Ratio: 1.44 (near median its 10-year median of 1.48)
GF Value™: ₹116.90 vs. price of ₹89.86 (23.1% below fair value)
Industry Position: 23.8% below the Chemicals median (#1080 of 1610)
No single metric tells the full story. See the NSE:ESTER stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ester Industries Ltd is engaged in the manufacturing of polyester films, and specialty polymers. The company operates through segments namely Polyester chips and film and Speciality Polymers. The company generates maximum revenue from the Polyester chips and film segment. The Polyester chips and film segment is used in flexible packaging and other industrial applications. It serves food packaging; beverage packaging, home and personal care, industrial packaging, construction, automotive, electrical and electronics, carpet, and other industries. Geographically, the company derives a majority of its revenue from India.
65GF Score
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