Ester Industries (NSE:ESTER) Enterprise Value: ₹15,115 Mil (As of Jul. 01, 2026) ***


NSE:ESTER Ester Industries Ltd NSE:ESTER
65 GF Score
Price ₹89.86
GF Value ₹116.53
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ester Industries Enterprise Value?

Ester Industries NSE:ESTER -0.01% 65 Enterprise Value is ₹15,115 Mil as of Jul. 01, 2026. GuruFocus rates NSE:ESTER with a GF Score™ of 65/100 and a GF Value™ of ₹116.53 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ester Industries's Enterprise Value is ₹15,115 Mil. Ester Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹406 Mil. Therefore, Ester Industries's EV-to-EBIT ratio for today is 37.20.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Ester Industries's Enterprise Value is ₹15,115 Mil. Ester Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₹1,106 Mil. Therefore, Ester Industries's EV-to-EBITDA ratio for today is 13.67.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Ester Industries's Enterprise Value is ₹15,115 Mil. Ester Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₹13,752 Mil. Therefore, Ester Industries's EV-to-Revenue ratio for today is 1.10.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Ester Industries's Enterprise Value is ₹15,115 Mil. Ester Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Ester Industries's EV-to-OCF ratio for today is .

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Ester Industries's Enterprise Value is ₹15,115 Mil. Ester Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil. Therefore, Ester Industries's EV-to-FCF ratio for today is .

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Ester Industries  (NSE:ESTER) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Ester Industries's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=15115.224/406.3
=37.20

Ester Industries's current Enterprise Value is ₹15,115 Mil.
Ester Industries's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹406 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Ester Industries's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=15115.224/1105.594
=13.67

Ester Industries's current Enterprise Value is ₹15,115 Mil.
Ester Industries's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹1,106 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Ester Industries's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=15115.224/13751.949
=1.10

Ester Industries's current Enterprise Value is ₹15,115 Mil.
Ester Industries's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹13,752 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Ester Industries's EV-to-OCF for today is:


Ester Industries's current Enterprise Value is ₹15,115 Mil.
Ester Industries's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Ester Industries's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=15115.224/0
=

Ester Industries's current Enterprise Value is ₹15,115 Mil.
Ester Industries's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹0 Mil.

* 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 Enterprise Value Related Terms


Ester Industries Enterprise Value Historical Data

* Premium members only.

The historical data trend for Ester Industries's Enterprise Value 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 Enterprise Value Chart

Ester Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,703.98 13,353.77 13,868.75 16,661.84 12,578.14

Ester Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 16,661.84 12,566.15 16,218.95 9,985.00 12,578.14

NSE:ESTER vs LIN, SHW, ECL: Enterprise Value Comparison

For the Specialty Chemicals subindustry, Ester Industries's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ester Industries's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Ester Industries's Enterprise Value falls into.


NSE:ESTER
65GF Score
Ester Industries Ltd NSE:ESTER
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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Ester Industries Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Ester Industries's Enterprise Value for the fiscal year that ended in Mar. 2026 is calculated as

Ester Industries's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of ₹15,115 Mil mean?
Ester Industries (NSE:ESTER) has a Enterprise Value of ₹15,115 Mil as of Jul. 01, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ester Industries and its competitors.
Is Ester Industries' Enterprise Value too high?
Ester Industries' current Enterprise Value is ₹15,115 Mil. 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' Enterprise Value compare to LIN and SHW?
Ester Industries' Enterprise Value of ₹15,115 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Chemicals company?
A good Enterprise Value depends on the Chemicals industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Ester Industries and its competitors. Ester Industries's current Enterprise Value is ₹15,115 Mil. 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 ₹116.53, compared to a current price of ₹89.86 — trading 22.9% below its estimated fair value. The current Enterprise Value is ₹15,115 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Ester Industries (NSE:ESTER), the current Enterprise Value is ₹15,115 Mil as of Jul. 01, 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 22.9% below its estimated GF Value™ of ₹116.53. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • Enterprise Value: ₹15,115 Mil
  • GF Value™: ₹116.53 vs. price of ₹89.86 (22.9% below fair value)
  • GF Score™: 65/100 with 3 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

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

₹89.86
Price
₹116.53
GF Value