Ester Industries (NSE:ESTER) Net Margin %: 2.29% (As of Mar. 2026) — 11% Above Median


NSE:ESTER Ester Industries Ltd NSE:ESTER
66 GF Score
Price ₹89.84
GF Value ₹116.86
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ester Industries Net Margin %?

Ester Industries NSE:ESTER -1.97% 66 Net Margin % is 2.29% as of Mar. 2026, which is 11% above its 10-year median of 2.06. GuruFocus rates NSE:ESTER with a GF Score™ of 66/100 and a GF Value™ of ₹116.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,585 Chemicals companies, Ester Industries ranks worse than 77.98% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Ester Industries's Net Income for the three months ended in Mar. 2026 was ₹79 Mil. Ester Industries's Revenue for the three months ended in Mar. 2026 was ₹3,438 Mil. Therefore, Ester Industries's net margin for the quarter that ended in Mar. 2026 was 2.29%.

The historical rank and industry rank for Ester Industries's Net Margin % or its related term are showing as below:

NSE:ESTER' s Net Margin % Range Over the Past 10 Years
Min: -11.45   Med: 2.06   Max: 13.91
Current: -2


NSE:ESTER's Net Margin % is ranked worse than
77.98% of 1585 companies
in the Chemicals industry
Industry Median: 3.89 vs NSE:ESTER: -2.00

Ester Industries  (NSE:ESTER) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Ester Industries Net Margin % Related Terms


Ester Industries Net Margin % Historical Data

* Premium members only.

The historical data trend for Ester Industries's Net Margin % 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 Net Margin % Chart

Ester Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.34 12.36 -11.45 1.07 -2.00

Ester Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % 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 0.61 -2.12 -4.45 -3.66 2.29

NSE:ESTER vs LIN, SHW, ECL: Net Margin % Comparison

For the Specialty Chemicals subindustry, Ester Industries's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Chemicals Industry

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

* The bar in red indicates where Ester Industries's Net Margin % falls into.


NSE:ESTER
66GF Score
Ester Industries Ltd NSE:ESTER
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Ester Industries Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=-274.71/13751.949
=-2.00 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=78.74/3438.205
=2.29 %

* 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 Net Margin % →
What does a Net Margin % of 2.29% mean?
Ester Industries (NSE:ESTER) has a Net Margin % of 2.29% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Ester Industries and its competitors. This is 11% above median its historical median of 2.06. According to the industry distribution chart, Ester Industries ranks #1236 out of 1585 companies in the Chemicals industry, placing it in the top 78%.
Is Ester Industries' Net Margin % too high?
Ester Industries' current Net Margin % of 2.29% is 11% above median its 10-year median of 2.06. The Chemicals industry median Net Margin % is 3.89. Ester Industries' value of 2.29% is 41.1% below this industry median. Based on the distribution chart, Ester Industries ranks #1236 out of 1585 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, Ester Industries has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ester Industries' Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, Ester Industries ranks #1236 out of 1585 companies for Net Margin %. This places Ester Industries in the lower half of its industry. The industry median Net Margin % is 3.89. Ester Industries' value of 2.29% is 41.1% below this benchmark. While the company's 10-year median is 2.06 vs. the industry median of 3.89, 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ester Industries's current Net Margin % of 2.29% is 41.1% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Ester Industries and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ester Industries's current Net Margin % is 2.29%, which is 11% above median its own 10-year median of 2.06. 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 ₹116.86, compared to a current price of ₹89.84 — trading 23.1% below its estimated fair value. The current Net Margin % is 2.29%, which is 11% above median its 10-year median of 2.06 and 41.1% below the Chemicals industry median of 3.89. Ester Industries' overall GF Score™ is 66/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Ester Industries (NSE:ESTER), the current Net Margin % is 2.29% 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 ₹89.84 is trading 23.1% below its estimated GF Value™ of ₹116.86. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • Net Margin %: 2.29% (11% above median its 10-year median of 2.06)
  • GF Value™: ₹116.86 vs. price of ₹89.84 (23.1% below fair value)
  • GF Score™: 66/100 with 3 warning signs
  • Industry Position: 41.1% below the Chemicals median (#1236 of 1585)

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.
66GF Score

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

₹89.84
Price
₹116.86
GF Value