Ester Industries vs Jindal Poly Films: Share Price, PE, ROE Compared

Ester Industries vs Jindal Poly Films is a comparison polymer film investors look up when evaluating two listed Indian companies in the polyester film manufacturing segment. Ester Industries, a Khatima-based company, manufactures BOPET (biaxially oriented polyester) films for packaging, labelling and industrial applications, and also makes engineering plastics. Jindal Poly Films, a Mumbai-based company (Jindal Group), is one of India's largest BOPET and BOPP (biaxially oriented polypropylene) film manufacturers. The Ester versus Jindal Poly Films comparison covers two loss-making companies in the same polymer film segment – investors must note both companies are currently loss-making.

This Ester Industries vs Jindal Poly Films article covers reach and market position, key products, latest declared results and stock valuation. All data is sourced from Groww and public company filings.

Reach and Market Position

In this Ester Industries vs Jindal Poly Films comparison, Ester Industries sells BOPET films for flexible packaging, labels and capacitor films and engineering plastics for automotive and electronics. Market capitalisation is Rs 1,033 Cr.

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Jindal Poly Films manufactures BOPET and BOPP films for packaging, labels and industrial applications and exports globally. Market capitalisation is Rs 2,745 Cr.

Key Products and Business Mix

For the Ester Industries vs Jindal Poly Films product breakdown, Ester Industries: Ester earns from BOPET films and engineering plastics. EPS is -Rs 2.63 (LOSS-MAKING!). ROE is -3.51 percent. Ester Industries is currently loss-making. Investors must verify current financials from exchange filings.

Jindal Poly Films: Jindal Poly earns from BOPET and BOPP packaging films. EPS is -Rs 57.74 (LOSS-MAKING!). ROE is -1.36 percent. Jindal Poly Films is also currently loss-making. Both companies face commodity film margin pressure.

Latest Results and Financial Data

On the Ester Industries vs Jindal Poly Films results front: Ester Industries has a market cap of Rs 1,033 Cr and is LOSS-MAKING. Ester is 2.7 times smaller than Jindal Poly Films.

Jindal Poly Films has a market cap of Rs 2,745 Cr and is LOSS-MAKING with EPS of -Rs 57.74. Both Ester and Jindal Poly Films are in an industry down-cycle.

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Stock Performance and Valuation

Investors tracking the Ester Industries vs Jindal Poly Films comparison should verify current prices on NSE or BSE before trading. The Ester Industries vs Jindal Poly Films stock data below reflects the latest available figures from Groww and public company filings.

Ester Industries versus Jindal Poly Films: Both are LOSS-MAKING in the current period. Ester (Rs 1,033 Cr, EPS -2.63) vs Jindal Poly Films (Rs 2,745 Cr, EPS -57.74). Comparing Ester and Jindal Poly Films reveals industry-wide margin compression in the commodity BOPET/BOPP film segment.

Ester Industries vs Jindal Poly Films: Quick Comparison Table

The comparison table below summarises the key metrics side by side.

Parameter	Ester Industries	Jindal Poly Films
Sector	BOPET films + engineering plastics (smaller scale, Khatima)	BOPET + BOPP films (one of India's largest, Jindal Group)
Market Cap	Rs 1,033 Cr	Rs 2,745 Cr
Profitability	LOSS-MAKING (EPS -2.63, ROE -3.51%)	LOSS-MAKING (EPS -57.74, ROE -1.36%)
Product Range	BOPET + engineering plastics	BOPET + BOPP + metalised films
Scale	Smaller film manufacturer	India's largest BOPET+BOPP producer
Status	Loss-making (industry cycle)	Loss-making (industry cycle)
Dividend Yield	0.24%	0.94%

Conclusion

The Ester Industries vs Jindal Poly Films comparison above covers reach, products, results and valuation. Ester Industries versus Jindal Poly Films covers two loss-making Indian BOPET film companies in the same industry down-cycle. Global capacity additions have compressed packaging film margins severely. Both Ester and Jindal Poly Films are loss-making – investors should monitor global film capacity utilisation and margin recovery signals before considering either. Consult a SEBI-registered advisor before investing in any loss-making company.

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Frequently Asked Questions

Are both Ester Industries and Jindal Poly Films profitable?

Ans. No. Both Ester Industries (EPS -2.63) and Jindal Poly Films (EPS -57.74) are currently loss-making. Investors should review the latest exchange filings carefully.

What is BOPET film?

Ans. BOPET (Biaxially Oriented Polyethylene Terephthalate) film, commonly called polyester film, is a clear, strong plastic film widely used in flexible food packaging, metallic labels and industrial applications.

What is BOPP film?

Ans. BOPP (Biaxially Oriented Polypropylene) film is used for cookie/biscuit packaging, bopp tape, labelling and cigarette packaging. Jindal Poly Films makes both BOPET and BOPP.

Why are BOPET film companies losing money?

Ans. Large capacity additions in China and India have created oversupply in the BOPET film market, compressing margins. Both Ester and Jindal Poly Films are affected by this industry-wide down cycle.

Which is larger, Ester or Jindal Poly?

Ans. Jindal Poly Films at Rs 2,745 Cr is approximately 2.7 times larger than Ester Industries at Rs 1,033 Cr.

Are Ester and Jindal Poly Films in Nifty 50?

Ans. Neither is in Nifty 50.

What are engineering plastics?

Ans. Engineering plastics are high-performance plastics used in automotive, electronics and industrial components – stronger and more heat-resistant than commodity plastics. Ester Industries makes engineering plastics compounds.