Satia Industries Limited
NSE: SATIA · Paper & Paper Products · sector
₹62.49NSE close 2026-10-26
Key numbers
Market cap₹625 cr
Price₹62.49
52w high / low₹79 / ₹51
P/E–Sector median 13.8x
P/B0.6xSector median 0.6x
Book value₹108.8
Dividend yield0.32%Sector median 1.38%
ROE-0.7%Sector median 5.8%
ROCE3.6%Sector median 5.9%
OPM7.8%Sector median 8.2%
Debt / equity0.27xSector median 0.42x
EV/EBITDA8.0xSector median 8.0x
Interest cover2.4x
Current ratio1.71x
Sales growth 3y-8.3%Sector median -4.5%
Profit growth 3y-40.3%Sector median -13.6%
PEG–
Last 12 months to Jun 2026, Standalone. "Sector median" = middle value of 40 companies in Paper & Paper Products (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹27 cr vs borrowings ₹298 cr (FY26): borrowings are higher by ₹272 cr.
- Operating profit covered interest 2.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹62.49 on 2026-10-26: -21.1% from the 52-week high, +23.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹121.05 · low ₹53.67
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 340 | 376 | 397 | 371 | 311 | 380 | 390 | 362 |
| EBITDA | 45 | 53 | 61 | 63 | 7 | 38 | 17 | 51 |
| OPM % | 13.3% | 14.1% | 15.5% | 17.0% | 2.1% | 10.1% | 4.3% | 14.0% |
| Other income | 2 | 6 | 7 | 6 | 9 | 29 | 23 | 11 |
| Net profit | 12 | 20 | 35 | 32 | -25 | 28 | 6 | -17 |
| EPS (₹) | 1.23 | 1.98 | 3.54 | 3.16 | -2.45 | 2.80 | 0.58 | -1.71 |
| Revenue YoY | -8.5% | +1.2% | -1.8% | -2.5% | ||||
| Profit YoY | -298.9% | +41.6% | -83.6% | -154.2% |
Standalone figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 891 | 1,884 | 1,721 | 1,512 | 1,452 | 1,443 |
| EBITDA | 181 | 412 | 419 | 270 | 125 | 113 |
| Net profit | 101 | 192 | 211 | 119 | 41 | -8 |
| EPS (₹) | 10.07 | 19.22 | 21.12 | 11.86 | 4.09 | -0.78 |
| Revenue growth | +111.4% | -8.7% | -12.1% | -4.0% | -2.8% | |
| Profit growth | +90.9% | +9.9% | -43.8% | -65.5% | -107.9% | |
| Dividend / share (₹) | 0.10 | 0.40 | 1.20 | 0.20 | 0.20 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -8.3% | +19.8% | -2.7% |
| Net profit | -40.3% | -3.8% | -107.9% |
| EPS | -40.3% | -3.7% | – |
| Share price | – | -24.3% (2y) | -22.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 733 | 932 | 1,049 | 1,088 |
| Borrowings | – | 419 | 305 | 231 | 298 |
| Cash & equivalents | – | 18 | 20 | 80 | 27 |
| Total assets | – | 1,372 | 1,404 | 1,445 | 1,558 |
| Fixed assets | – | 689 | 837 | 734 | 659 |
| Capital work in progress | – | 137 | 16 | 99 | 257 |
| Investments | – | 7 | 0 | 43 | 95 |
| Receivables | – | 190 | 163 | 121 | 129 |
| Inventory | – | 204 | 222 | 205 | 221 |
| Payables | – | 110 | 64 | 75 | 63 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 160 | 282 | 362 | 285 | 233 |
| Cash from investing | -206 | -194 | -171 | -172 | -255 |
| Cash from financing | 46 | -88 | -192 | -109 | 22 |
| Capex | 218 | 203 | 180 | 136 | 213 |
| Free cash flow | -58 | 79 | 182 | 149 | 20 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 26.2% | 22.7% | 11.3% | 3.8% |
| ROCE % | – | 19.0% | 22.8% | 10.3% | 3.8% |
| Debtor days | – | 37 | 35 | 29 | 32 |
| Inventory days | – | 84 | 110 | 105 | 108 |
| Payable days | – | 45 | 32 | 39 | 31 |
| Cash conversion cycle (days) | – | 76 | 113 | 95 | 109 |
| Working capital days | – | 27 | 39 | 56 | 40 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 52.46% |
| FIIs | 0.61% |
| DIIs | 0.40% |
| Public (non-institutions) | 46.53% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 52.46% | 52.46% | 52.46% | 52.46% | 52.46% | 52.46% | 52.46% | 52.46% |
| Promoter group | % |
|---|---|
| Ajay Kumar Satia | 23.03% |
| Bindu Satia | 8.12% |
| Dhruv Satia | 7.97% |
| Chirag Satia | 6.96% |
| Priyanka Satia | 3.60% |
| Yachana Mehta | 2.59% |
| Ajay Satia HUF | 0.19% |
| Public holders above 1% | % |
|---|---|
| Muktsar Logistics and Trading Private Ltd | 15.05% |
| Rasbeer Singh | 1.25% |
49,138 shareholders. Pledged: 0.00% of promoter shares.
Peers in Paper & Paper Products
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| JKPAPER | ₹6,689 cr | 20.2x | 1.2x | 5.9% | 8.0% | 12.9% | +3.2% | 1.27% |
| WSTCSTPAPR | ₹5,203 cr | 22.6x | 1.4x | 6.5% | 9.4% | 11.5% | -4.5% | 0.74% |
| SESHAPAPER | ₹1,290 cr | 13.0x | 0.6x | 4.9% | 5.9% | 6.5% | -6.3% | 1.22% |
| ANDHRAPAP | ₹1,279 cr | 46.3x | 0.7x | 1.4% | 2.4% | 4.8% | -6.7% | 1.56% |
| NRAIL | ₹1,122 cr | 18.1x | 1.4x | 7.8% | 10.0% | 9.7% | +6.7% | 0.31% |
| TNPL | ₹899 cr | 3.4x | 0.4x | 11.8% | 6.6% | 10.6% | -3.6% | 2.31% |
| PDMJEPAPER | ₹807 cr | 8.8x | 1.2x | 14.5% | 18.3% | 15.4% | +2.1% | 0.71% |
| EMAMIPAP | ₹685 cr | 7.7x | 1.2x | 14.9% | 14.7% | 12.0% | -6.2% | 2.12% |
| SATIA | ₹625 cr | – | 0.6x | -0.7% | 3.6% | 7.8% | -8.3% | 0.32% |
| KUANTUM | ₹623 cr | 17.3x | 0.5x | 3.0% | 4.9% | 13.8% | -5.8% | 4.18% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Paper | ₹1,446 cr | 83.1% | ₹-68 cr | -4.7% |
| Co-Generation Division | ₹288 cr | 16.6% | ₹120 cr | 41.8% |
| Agriculture | ₹6 cr | 0.3% | ₹1 cr | 16.4% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-23 | Dividend | Dividend - Re 0.40 Per Share |
| 2025-09-23 | Dividend | Dividend - Re 0.20 Per Share |
| 2024-11-22 | Dividend | Interim Dividend - Re 0.10 Per Share |
| 2024-09-23 | Other | Annual General Meeting |
| 2024-08-21 | Dividend | Interim Dividend - Re 0.10 Per Share |
| 2023-09-22 | Dividend | Annual General Meeting/Dividend - Re 0.20 Per Share |
| 2023-08-24 | Dividend | Interim Dividend - Re 1 Per Share |
| 2023-02-24 | Dividend | Interim Dividend - Re 0.20 Per Share |
| 2022-09-22 | Dividend | Annual General Meeting/Dividend - Re 0.20 Per Share |
| 2021-09-22 | Dividend | Annual General Meeting/Dividend - Rs 0.10 Per Share |
| 2020-09-22 | Other | Annual General Meeting |
| 2020-02-18 | Dividend | Interim Dividend - Re 0.15 Per Share |
| 2019-10-15 | Split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share |
| 2019-09-20 | Dividend | Annual General Meeting/Dividend - Rs 1.50 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Paper Division: Manufacturing of writing and printing paper
| Sector | Commodities |
| Industry | Paper & Paper Products |
| Sub-industry | Paper & Paper Products |
| Symbol | SATIA |
| BSE code | 539201 |
| ISIN | INE170E01023 |
| Face value | ₹1.0 |
| Incorporated | 1980-11-26 |
| Website | www.satiagroup.com |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.