Ester Industries (NSE:ESTER) Retained Earnings: ₹0 Mil (As of Mar. 2026)

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NSE:ESTER Ester Industries Ltd NSE:ESTER
65 GF Score
Price ₹88.95
GF Value ₹117.09
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Ester Industries Retained Earnings?

Ester Industries NSE:ESTER -0.98% 65 Retained Earnings is ₹0 Mil as of Mar. 2026. GuruFocus rates NSE:ESTER with a GF Score™ of 65/100 and a GF Value™ of ₹117.09 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ester Industries's retained earnings for the quarter that ended in Mar. 2026 was ₹0 Mil.

Ester Industries's annual retained earnings increased from Mar. 2024 (₹4,596 Mil) to Mar. 2025 (₹4,728 Mil) but then declined from Mar. 2025 (₹4,728 Mil) to Mar. 2026 (₹0 Mil).


Ester Industries  (NSE:ESTER) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Ester Industries Retained Earnings Historical Data

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The historical data trend for Ester Industries's Retained Earnings 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 Retained Earnings Chart

Ester Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,642.08 5,855.84 4,596.03 4,727.65 0.00

Ester Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 4,727.65 0.00 0.00 0.00 0.00
NSE:ESTER
65GF Score
Ester Industries Ltd NSE:ESTER
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Ester Industries Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₹0 Mil mean?
Ester Industries (NSE:ESTER) has a Retained Earnings of ₹0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ester Industries and its competitors.
Is Ester Industries' Retained Earnings too high?
Ester Industries' current Retained Earnings is ₹0 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' Retained Earnings compare to LIN and SHW?
Ester Industries' Retained Earnings 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 Retained Earnings for a Chemicals company?
A good Retained Earnings depends on the Chemicals industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Ester Industries and its competitors. Ester Industries's current Retained Earnings 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 ₹117.09, compared to a current price of ₹88.95 — trading 24% below its estimated fair value. The current Retained Earnings is ₹0 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 Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Ester Industries (NSE:ESTER), the current Retained Earnings 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 ₹88.95 is trading 24% below its estimated GF Value™ of ₹117.09. GuruFocus considers Ester Industries to be Modestly Undervalued.

Key valuation signals for NSE:ESTER:

  • Retained Earnings: ₹0 Mil
  • GF Value™: ₹117.09 vs. price of ₹88.95 (24% 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

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

₹88.95
Price
₹117.09
GF Value