Ester Industries Limited

89%

int Experienced management team Healthy financial Position Sales Mix (Q3FY24) Polyester Films 89% Specialty Polymers 11% 4 1985 GURGAON, INDIA # 2 Year of Incorporation Corporate Headquart

rs 11

ement team Healthy financial Position Sales Mix (Q3FY24) Polyester Films 89% Specialty Polymers 11% 4 1985 GURGAON, INDIA # 2 Year of Incorporation Corporate Headquarters Business Segments*

rs 5

ve) Global Footprint People Credit Rating (Long Term) PF - Polyester Film; SP - Specialty Polymers 5 Sitarganj Haryana Uttarakhand Gurgaon Khatima Corporate Headquarter Manufacturing facility

23 %

tinuing operations) Margins (%) - (16.1) - 6.2 3.0 (8.8) - % 3.2 - - - - 9MFY24 9MFY23 % 661.4 839.0 (21.2) 14.0 2.1 (34) - 98.4 (85.8) 11.7 (960 bps) 32.9 3.9 - - ▪ Challe

960 bps

3.2 - - - - 9MFY24 9MFY23 % 661.4 839.0 (21.2) 14.0 2.1 (34) - 98.4 (85.8) 11.7 (960 bps) 32.9 3.9 - - ▪ Challenging external environment impacts volume offtake and realisations acros

Rs 8 crore

5 29.4 3.5 - - - - *Rs (14.9)crores EBITDA includes adverse foreign exchange fluctuation of ~Rs 8 crores on reinstatement of EURO denominated Term Loan. 10 Commenting on the results, Mr. Arvind Singha

Rs 99.90 crore

usinessandgeneratevalue for our shareholders. To maintain healthy liquidity, the company is raising Rs 99.90 crore through preferentialissueofequityshares.ThisstrategicmovewillenhanceCompany’sabilitytomeetitsshort-

465 MT

ally equipped with the expertise and infrastructure to manufacture the product Achieved sales of 465 MT in the first year of Agreement against committed volume of 400 MT. Innovative PBT being manufactu

400 MT

e the product Achieved sales of 465 MT in the first year of Agreement against committed volume of 400 MT. Innovative PBT being manufactured from recycled material is more eco-friendly than PBT which is

1042 MT

is more eco-friendly than PBT which is manufactured using virgin raw materials Achieved sales of 1042 MT during FY 2020-21 against committed volume of 400 MT Achieved sales of 1190 MT during FY 2021-22

1190 MT

Achieved sales of 1042 MT during FY 2020-21 against committed volume of 400 MT Achieved sales of 1190 MT during FY 2021-22 Innovative PBT finds application across multiple industries – Consumer electron

1633 MT

bre & automotive During FY23, despite slowdown in customer markets, achieved volumetric sales of 1633 MT Volume of sales increased to 314 MT during Q3FY24 (185 MT – Q2FY24) despite recessionary trends i

Domestic Scenario

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For more information contact

1

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 18 #35 108,000 MTPA 23,200 MTPA Years of experience Polyester Film capacity (including Telangana capacity) Metallized Polyester Film capacity (including Telangana capacity) About 50 24% 67,000 MTPA Telang

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 25