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Satia Industries Limited

Satia Industries Limited

SATIA.BO
Satia Industries LimitedIN flagBombay Stock Exchange
56.05
INR
+0.10
- -
5.61BMarket Cap
Satia Industries Limited
SATIA.BO
(Bombay Stock Exchange)

Recent

price

56.05

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
- -
54.21
63.41
73.84
80.86
58.84
89.09
188.37
172.08
151.17
145.15
145.14
Revenue per Share
- -
4.56
6.87
8.78
9.18
4.95
10.07
19.22
21.12
11.86
4.09
4.09
Basic EPS, GAAP
- -
3.15
3.26
2.13
-5.21
-6.89
-5.94
7.91
18.25
14.88
2
- -
Free Cash Flow per Basic Share
- -
- -
0.3
0.25
0.3
- -
0.1
0.4
1.2
0.2
0.2
- -
Dividend per Share
- -
15.75
22.18
30.68
39.55
44.52
53.33
71.95
91.68
103.29
1
1
Book Value per Share
- -
15.83
22.26
30.76
39.55
44.53
54.25
73.1
93.05
104.71
108.68
108.68
Tangible Book Value per Share
- -
100
100
100
100
100
100
100
100
100
100
100
Basic Weighted Avg Shares
- -
5,421
6,341
7,384
8,086
5,884
8,909
18,837
17,208
15,120
14,519
14,519
Sales/Revenue/Turnover
- -
11.12
13.79
16.51
15.47
13.83
14.12
11.44
15.97
7.47
-0.51
-0.51
Operating Margin (%)
- -
400
450
477
546
584
636
2,071
1,514
1,574
1,392
1,392
Depreciation Expense
- -
456
687
878
918
495
1,007
1,922
2,112
1,186
409
409
Net Income, GAAP
- -
4.13
17.59
20.27
20.33
25.87
17.93
- -
16.42
- -
- -
- -
Effective Tax Rate (%)
- -
8.4
10.83
11.89
11.36
8.42
11.3
10.2
12.27
7.85
2.82
2.82
Profit Margin (%)
185
262
505
528
572
475
608
1,406
1,861
2,316
1,608
1,608
Working Capital
1,087
910
910
1,054
1,654
2,379
3,088
2,703
1,692
1,504
2,071
2,071
LT Debt
1,130
1,583
2,226
3,076
3,955
4,453
5,450
7,332
9,323
10,487
10,880
10,880
Total Equity
- -
16.33
18.34
20.72
16.76
8.15
11.5
- -
18.91
- -
- -
- -
Return on Invested Capital (%)
- -
19.24
22.27
22.13
17.99
8.38
13.18
- -
19.65
- -
- -
- -
Return on Capital (%)
- -
33.78
36.2
33.21
26.15
11.79
20.58
30.68
25.81
12.17
7.84
7.84
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
1,318
- -
1,055
LT Borrowings
1,475
- -
1,958
LT Finance Leases
128
- -
113
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
100
- -
100
Market Capitalization
8,051
6,656
5,115

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,322
- -
3,886
Cash, Cash Equivalents & STI
619
- -
284
Accounts Receivable, Net
1,417
- -
1,286
Inventories
1,970
- -
2,214
Total Current Liabilities
2,493
- -
2,278
Payables & Accruals
- -
- -
- -
ST Debt
1,318
- -
1,055
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
26.04%
20.06%
3.75%
Free Cash Flow
- -
-44.3%
-86.54%
Net Income, GAAP
- -
18.92%
-65.51%
Sales/Revenue/Turnover
- -
27.62%
-3.97%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,812
3,734
4,357
4,306
17,208
2025
3,994
3,401
3,758
3,967
15,120
2026
3,709
3,111
3,803
3,896
14,519

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
8.41
4.79
3.96
- -
21.12
2025
5.11
1.23
1.98
3.54
11.86
2026
3.16
-2.45
2.8
0.58
4.09

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.2
2025
- -
- -
- -
- -
0.2
2026
- -
- -
- -
- -
0.2
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Business
Satia Industries Limited manufactures and sells writing, printing, and packaging paper in India and internationally. The company produces a wide range of products including Super Snow White paper, Snow White paper, Maplitho paper, colored paper, ledger paper, cartridge paper, duplicating paper, bond paper with and without watermarks, and chromo paper across a GSM range of 42 to 200; these products serve printing applications for textbooks, notebooks, directories, envelopes, diaries, calendars, computer stationery, wedding cards, annual reports, paper cups, and high-class printing for domestic and export markets. Founded in 1980 by Dr. Ajay Satia and commencing operations in 1984 as Satia Paper Mills Ltd., the company is headquartered at VPO Rupana, Malout-Muktsar Road, District Sri Muktsar Sahib, Punjab, India, with branch offices in Delhi, Chandigarh, and Jaipur. Satia Industries operates a fully integrated facility featuring four paper machines, pulping machinery, chemical recovery plant, captive power generation meeting 100% requirements, and 540 acres of eucalyptus plantations using treated wastewater; it sources wood chips, veneer waste, wheat straw, and sarkanda as raw materials while emphasizing sustainability through biomass energy and zero-liquid-discharge systems. The company maintains a pan-India distribution network with over 70 dealers and targets education, packaging, and printing sectors amid rising demand driven by e-commerce and anti-plastic trends. In recent developments, Satia Industries plans investments of INR 4-4.5 billion (US$45.65-51.35 million) over FY26-FY27 to upgrade PM-3 paper machine starting November 2025 for six to nine months, adding 18,000-20,000 MTPA capacity for a 10% total increase focused on copier, maplitho, and chromo papers; enhance its recovery boiler for 7-10% efficiency gains by FY28; and secure Rs 96.5 crore contracts for textbook printing paper, with capex of INR 225 crore partially spent amid a temporary revenue dip from shutdowns but targeting FY26 recovery to INR 1,200-1,300 crore.