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Ester Industries Ltd vs Hitech Corporation Ltd Stock Comparison

Ester Industries Ltd vs Hitech Corporation Ltd Stock Comparison

Last Updated on: Oct 25, 2026

Key Highlights

  • The Latest Trading Price of Ester Industries Ltd is ₹ 85.65 as of 23 Oct 15:30 . The P/E Ratio of Ester Industries Ltd changed from 7.1 on March 2021 to 0 on March 2026 . This represents a CAGR of -100.00% over 6 yearsThe P/E Ratio of Hitech Corporation Ltd changed from 34.8 on March 2025 to 13 on March 2026 . This represents a CAGR of -38.88% over 2 years The Market Cap of Ester Industries Ltd changed from ₹ 974.04 crore on March 2021 to ₹ 689.93 crore on March 2026 . This represents a CAGR of -5.59% over 6 yearsThe Market Cap of Hitech Corporation Ltd changed from ₹ 310.88 crore on March 2025 to ₹ 198.04 crore on March 2026 . This represents a CAGR of -20.19% over 2 years The revenue of Ester Industries Ltd for the Jun '26 is ₹ 441.96 crore as compare to the Mar '26 revenue of ₹ 345.13 crore. This represent the growth of 28.06% The revenue of Hitech Corporation Ltd for the Jun '26 is ₹ 227 crore as compare to the Mar '26 revenue of ₹ 169.56 crore. This represent the growth of 33.88% The ebitda of Ester Industries Ltd for the Jun '26 is ₹ 58.93 crore as compare to the Mar '26 ebitda of ₹ 43.31 crore. This represent the growth of 36.07% The ebitda of Hitech Corporation Ltd for the Jun '26 is ₹ 24.34 crore as compare to the Mar '26 ebitda of ₹ 24.92 crore. This represent the decline of -2.33% The net profit of Ester Industries Ltd changed from ₹ -16.1 crore to ₹ 18.62 crore over 9 quarters. This represents a CAGR of NaN% The net profit of Hitech Corporation Ltd changed from ₹ 3.89 crore to ₹ 7.11 crore over 9 quarters. This represents a CAGR of 30.74% The Dividend Payout of Ester Industries Ltd changed from 19.96 % on March 2021 to 55.82 % on March 2026 . This represents a CAGR of 18.70% over 6 yearsThe Dividend Payout of Hitech Corporation Ltd changed from 10.13 % on March 2021 to 21.42 % on March 2026 . This represents a CAGR of 13.29% over 6 years .

About Ester Industries Ltd

  • Incorporated in February, 1985, Ester Industries Limited is a manufacturer of polyester film and Specialty Polymer.
  • Promoted by Sitaram Singhania, along with J P Shroff, the Company is having installed capacity 36000 TPA Polyester Chips, 18000 TPA Polyester Films and 6000 TPA Dope-dyed Coarse Denier Polyester Filament Yarn.
  • The total cost of the project was Rs 84.4 crores, which was part-financed by a public issue in Feb.'88.
  • Ester Industries was the first company in the country to have integrated operations to manufacture three products, polyester chips, polyester film and dope-dyed polyester filament yarn.
  • It operate a working plant in Khatima, Uttaranchal. The Company is having two wholly owned foreign subsidiaries i.e Ester International (USA) Ltd and Ester Europe GmbH. EIL is considering various options, including private placement with FIIs, to raise around Rs 14 cr to pay the overdue interest as per the revival package.

About Hitech Corporation Ltd

  • Hitech Corporation Limited, formerly known as Hi-Tech Plast Limited was incorporated in October, 1991.
  • The name of the Company was changed from 'Hitech Plast Limited' to 'Hitech Corporation Limited' and a Certificate of Incorporation was obtained from Registrar of Companies, Mumbai on 3rd May, 2017. Presently, the Company is engaged in the manufacturing of rigid plastic containers specially catering to customers relating to Paints, Lube agro chemical, FMCG, personal and health care and home care product as well as export market.
  • As at March 31, 2025, Geetanjali Trading & Investments Private Limited, the holding company owned 69.11% of the Company's equity share capital. Hitech grew to 13 manufacturing facilities across India.
  • The new manufacturing unit at Masat, Silvassa, Dadra & Nagar Havelli commenced its commercial production in April 2003.

FAQs for the comparison of Ester Industries Ltd and Hitech Corporation Ltd

Which company has a larger market capitalization, Ester Industries Ltd or Hitech Corporation Ltd?

Market cap of Ester Industries Ltd is 893 Cr while Market cap of Hitech Corporation Ltd is 702 Cr

What are the key factors driving the stock performance of Ester Industries Ltd and Hitech Corporation Ltd?

The stock performance of Ester Industries Ltd and Hitech Corporation Ltd is primarily driven by its robust global client base, consistent revenue growth, strong operational efficiency, strategic investments in digital transformation, client acquisition, and the overall health of the industry. Both companies' performances are also influenced by macroeconomic conditions, currency fluctuations, and industry-specific trends.

What are the recent stock price for Ester Industries Ltd and Hitech Corporation Ltd?

As of October 25, 2026, the Ester Industries Ltd stock price is INR ₹85.65. On the other hand, Hitech Corporation Ltd stock price is INR ₹408.8.

How do dividend payouts of Ester Industries Ltd and Hitech Corporation Ltd compare?

To compare the dividend payouts of Ester Industries Ltd and Hitech Corporation Ltd, examine their dividend payout ratio, which indicates how much the companies pay out relative to their share price and earnings. Moreover, consider the consistency and growth of their dividends to gauge their commitment towards returning value to the respective shareholders.
Disclaimer: This information provided above is for informational purposes only and does not constitute investment advice. We use third-party data and recommend conducting thorough research and consulting a certified financial advisor before making investment decisions. We do not endorse specific stocks. Make decisions based on your own research and professional guidance.
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