Ester Industries (NSE:ESTER) Research & Development: ₹0 Mil (TTM As of Mar. 2026)


NSE:ESTER Ester Industries Ltd NSE:ESTER
66 GF Score
Price ₹89.84
GF Value ₹116.87
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ester Industries Research & Development?

Ester Industries NSE:ESTER -1.97% 66 Research & Development is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:ESTER with a GF Score™ of 66/100 and a GF Value™ of ₹116.87 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Ester Industries's Research & Development for the three months ended in Mar. 2026 was ₹0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₹0 Mil.

Ester Industries  (NSE:ESTER) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Ester Industries Research & Development Related Terms

Ester Industries Research & Development Historical Data

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The historical data trend for Ester Industries's Research & Development 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 Research & Development Chart

Ester Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
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Ester Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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NSE:ESTER
66GF Score
Ester Industries Ltd NSE:ESTER
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Ester Industries Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of ₹0 Mil mean?
Ester Industries (NSE:ESTER) has a Research & Development of ₹0 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Ester Industries and its competitors.
Is Ester Industries' Research & Development too high?
Ester Industries' current Research & Development is ₹0 Mil. 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' Research & Development compare to LIN and SHW?
Ester Industries' Research & Development of ₹0 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 Research & Development for a Chemicals company?
A good Research & Development depends on the Chemicals industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Ester Industries and its competitors. Ester Industries's current Research & Development is ₹0 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 ₹116.87, compared to a current price of ₹89.84 — trading 23.1% below its estimated fair value. The current Research & Development is ₹0 Mil. 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 Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Ester Industries (NSE:ESTER), the current Research & Development is ₹0 Mil 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 ₹116.87. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • Research & Development: ₹0 Mil
  • GF Value™: ₹116.87 vs. price of ₹89.84 (23.1% below fair value)
  • GF Score™: 66/100 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.
66GF Score

Get the complete analysis for NSE:ESTER

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

₹89.84
Price
₹116.87
GF Value