Ester Industries Limited

87%

JV with Loop – A path breaking initiative Sales Mix (Q3FY25) Polyester Chips & Films Segment 87% Specialty Polymers Segment 13% 4 1985 GURGAON, INDIA # 2 Year of Incorporation Corporate

13%

itiative Sales Mix (Q3FY25) Polyester Chips & Films Segment 87% Specialty Polymers Segment 13% 4 1985 GURGAON, INDIA # 2 Year of Incorporation Corporate Headquarters Business Segments* A

rs 5

(Industry Outlook – Negative) Credit Rating (Long Term) PF - Polyester Film; SP - Specialty Polymers 5 Sitarganj Haryana Uttarakhand Gurgaon Khatima Corporate Headquarter Manufacturing facility

980 bps

- % 31 - - - - 9MFY25 9MFY24 823 98 11.9 28 3.4 662 14 2.1 (34) - % 24 600 +980 bps - -  Better product mix & geography mix especially in Film business resulted in strong operatin

Rs. 30 crore

growth on a Y-o-Y basis o Total income includes revenues from sales of Polyester Chips in Q3FY25 – Rs. 30 crore (3,767 MT) including Rs. 18 crores (2231 MT) to WOS 9 Particulars – (Rs.cr) Q3 FY25 Q3 FY24

3,767 MT

-o-Y basis o Total income includes revenues from sales of Polyester Chips in Q3FY25 – Rs. 30 crore (3,767 MT) including Rs. 18 crores (2231 MT) to WOS 9 Particulars – (Rs.cr) Q3 FY25 Q3 FY24 Total Inc

Rs. 18 crore

ome includes revenues from sales of Polyester Chips in Q3FY25 – Rs. 30 crore (3,767 MT) including Rs. 18 crores (2231 MT) to WOS 9 Particulars – (Rs.cr) Q3 FY25 Q3 FY24 Total Income EBITDA (including Non

2231 MT

venues from sales of Polyester Chips in Q3FY25 – Rs. 30 crore (3,767 MT) including Rs. 18 crores (2231 MT) to WOS 9 Particulars – (Rs.cr) Q3 FY25 Q3 FY24 Total Income EBITDA (including Non operating

Rs. 34 crore

12.7 12 1.2 810 (6) - (97) - % 21 - - - -  Specialty Polymers’ contribution in total income: Rs. 34 crore in Q3FY25 as compared to Rs. 22 crore in Q3FY24 and Rs. 44 crore in Q2FY25  Revenue growth of ~

Rs. 22 crore

- - - -  Specialty Polymers’ contribution in total income: Rs. 34 crore in Q3FY25 as compared to Rs. 22 crore in Q3FY24 and Rs. 44 crore in Q2FY25  Revenue growth of ~55% on a Y-o-Y basis  Achieved bette

Rs. 44 crore

ers’ contribution in total income: Rs. 34 crore in Q3FY25 as compared to Rs. 22 crore in Q3FY24 and Rs. 44 crore in Q2FY25  Revenue growth of ~55% on a Y-o-Y basis  Achieved better operating performance in

55%

in Q3FY25 as compared to Rs. 22 crore in Q3FY24 and Rs. 44 crore in Q2FY25  Revenue growth of ~55% on a Y-o-Y basis  Achieved better operating performance in both Ester Industries and Ester Filmte

“Upon achieving optimal utilization at reasonable prices / margins expect revenues to be Rs.450– Rs.500 crore in FY26 25 Particulars – (Rs.cr) Sales Volume (MT) Net Sales Other Operating Income EBITDA (including other non-operating income) Cash Profit PBT PAT Q3FY25 Q2FY25 9MFY25 9MFY24 6,698 7,425 20,624 18,699 90 1 21 14 8 8 99 1 6 (2) (9) (9) 266 3 29 5 (15) (15) 201 1 (20) (44) (63) (63) EBITDA for Q2FY25 was impacted by negative exchange fluctuation of Rs.”

“1,336 crore (first full year of operation) Target EBITDA margins: ~35% Payback period: ~5 years JV Company by the name ‘Ester Loop Infinite Technologies Private Limited formed Various scheduled activities towards implementation and completion of the project by Q2FY28 are being pursued in the right earnest JV Company capitalised - Equity contribution of Rs.”

“https://pm.gc.ca/en/mandate-letters/2021/12/16/minister-environment-and-climate-change-mandate-letter 32 Loop Specialty Chemicals (DMT and MEG) target markets Electronics Automotive Textile Cosmetics Rigid Packaging Flexible Packaging”

Domestic Scenario

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Loop DMT and MEG enable chemical companies to

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For more information contact

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Domestic Scenario

 Demand growth of 5.5% - 6.0%  Strong double digit growth rate of 11%-13% pa over  BOPET film used in flexible packaging applications will continue to be the key end use sector, accounting for nearly 60% of global consumption, and drive demand over the next five years past 6 years  Low per capita consumption of BOPET; new innovative products and rising disposable income – key growth drivers  Gaining wider application across both industrial &  Capacity expansion in Converting space, export consumer staples and discretionary sector opportunities in laminates offer promise  Design versatility; low carbon footprint and better cost  Availability of recycled content films, helping economics driving demand sustainability initiatives  China and India account for ~60% of global output 20 #37 108,000 MTPA 23,200 MTPA Years of experience Polyester Film capacity (including Telangana capacity) Metallized Polyester Film capacity (including Telangana capacity) About 50 27% 67,000 MTPA Telang

Loop DMT and MEG enable chemical companies to

Increase their sustainability product portfolio Launch new products Contribute to supply chain decarbonization 33 About Us: (CIN :- L24111UR1985PLC015063) Incorporated in 1985, Ester Industries Limited (EIL), a public limited company, is an ISO 50001:2018, ISO 45001:2018, ISO 14001:2015 and ISO 9001:2015 certified. Company is promoted by the Singhania family. The company is one of India’s leading producers of Polyester Films and Specialty Polymers having a track record of continually developing new and innovative products for customers across the globe. Ester Industries has state of the art manufacturing facilities in Khatima in Uttarakhand with the capacity of 67,000 TPA of Polyester Resin, 60,000 TPA of Polyester Film and 30,000 TPA of Specialty Polymers. Through Wholly Owned Subsidiary, Ester Filmtech Limited, it has set up state of the art manufacturing facility in Hyderabad, Telangana to produce 48,000 MT of Polyester Film. The company currently generates more than 40% of its reve

For more information contact

Pradeep Kumar Rustagi (Executive Director Corporate Affairs) Ester Industries Ltd. Tel: +91 124 2656 100 Fax: +91 124 2656 199 E-mail: pradeep.rustagi@ester.in Gavin Desa / Suraj Digawalekar CDR India Tel: +91 22 6645 1237 / 1219 Fax: +91 22 6645 1213 E-mail: gavin@cdr-india.com / suraj@cdr-india.com 34