Ester Industries (NSE:ESTER) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:ESTER Ester Industries Ltd NSE:ESTER
65 GF Score
Price ₹95.14
GF Value ₹120.25
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Ester Industries Debt-to-Equity?

Ester Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Ester Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Ester Industries's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ester Industries's Debt-to-Equity or its related term are showing as below:

NSE:ESTER' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.93   Max: 1.13
Current: 0.93

During the past 13 years, the highest Debt-to-Equity Ratio of Ester Industries was 1.13. The lowest was 0.22. And the median was 0.93.

NSE:ESTER's Debt-to-Equity is ranked worse than
81.32% of 1419 companies
in the Chemicals industry
Industry Median: 0.36 vs NSE:ESTER: 0.93

Ester Industries  (NSE:ESTER) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Ester Industries Debt-to-Equity Related Terms

Ester Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ester Industries's Debt-to-Equity 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.

Ester Industries Debt-to-Equity Chart

Ester Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.10 1.08 0.86 0.93

Ester Industries Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only N/A 0.93 N/A 0.93 N/A

NSE:ESTER vs LIN, SHW, ECL: Debt-to-Equity Comparison

For the Specialty Chemicals subindustry, Ester Industries's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ester Industries's Debt-to-Equity falls into.


NSE:ESTER
65GF Score
Ester Industries Ltd NSE:ESTER
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ester Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ester Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(3240.496 + 4049.598) / 7827.3
=0.93

Ester Industries's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* 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.

Is Ester Industries (NSE:ESTER) Overvalued in 2026?

Based on GuruFocus' analysis, Ester Industries stock appears to be undervalued. The current stock price of ₹95.14 is trading 20.9% below its estimated GF Value™ of ₹120.25. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • Debt-to-Equity: N/A
  • GF Value™: ₹120.25 vs. price of ₹95.14 (20.9% below fair value)
  • GF Score™: 65/100 with 2 warning signs

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 Business Description

Other Exchanges 500136:India
Address Infocity-I, Sector 34, Plot No. 11, Block-A, Gurgaon, HR, IND, 122001
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

Get the complete analysis for NSE:ESTER

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹95.14
Price
₹120.25
GF Value