SATIA

Satia Industries Limited

Writing, printing and speciality paper, moulded tableware and cogeneration power producer

Commodities›Forest Materials›Paper, Forest & Jute Products›Paper & Paper Products

satiagroup.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹68.14
Market cap
682 Cr
Stock P/E
Loss (TTM EPS ₹-0.78)
P/B
0.63
Dividend yield
0.3%
ROE (FY26)
3.8%
ROCE (FY26)
3.8%
Operating margin (FY26)
-0.5%
Debt / equity (FY26)
0.27
OCF / EBITDA (FY26)
177.1%
OCF / EBITDA (3Y)
107.3%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Satia (Satia Industries) makes writing and printing paper at an integrated mill in Punjab and sells it across India through a network of dealers and to institutional customers.

Company snapshot

9thBy market cap

Ranked among 22 companies in Paper & Paper Products.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 99.8% of revenue

SegmentRevenue shareRevenuePBTAssets
Agriculture
0.2%
0.58 Cr0.49 Cr67 Cr
Co-generation Division
19.8%
74 Cr31 Cr240 Cr
Paper
99.8%
375 Cr-12 Cr1,181 Cr

Shares add up to 120% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓107% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is very thin at 2.8% — little room for error if costs rise.
2 more signals from the filings.Sign in free to see them all

Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales373 Cr436 Cr431 Cr399 Cr340 Cr376 Cr397 Cr371 Cr311 Cr380 Cr390 Cr362 Cr
Operating expenses (approx.)287 Cr343 Cr340 Cr289 Cr295 Cr323 Cr335 Cr308 Cr305 Cr342 Cr366 Cr311 Cr
EBITDA86 Cr92 Cr91 Cr111 Cr45 Cr53 Cr61 Cr63 Cr7 Cr38 Cr24 Cr51 Cr
OPM %23.1%21.2%21.1%27.7%13.2%14.1%15.5%17.0%2.1%10.1%6.0%14.0%
Other income6 Cr-2 Cr8 Cr4 Cr2 Cr6 Cr7 Cr6 Cr9 Cr29 Cr23 Cr11 Cr
Interest7 Cr8 Cr7 Cr7 Cr6 Cr6 Cr6 Cr5 Cr6 Cr6 Cr6 Cr4 Cr
Depreciation33 Cr38 Cr47 Cr39 Cr40 Cr40 Cr39 Cr34 Cr35 Cr35 Cr35 Cr29 Cr
Profit before tax51 Cr44 Cr45 Cr69 Cr1 Cr13 Cr23 Cr31 Cr-25 Cr26 Cr-0.97 Cr29 Cr
Tax %6.7%9.9%12.0%26.4%-884.9%-55.3%-53.0%-2.6%2.4%-6.6%699.4%158.8%
Net profit48 Cr40 Cr39 Cr51 Cr12 Cr20 Cr35 Cr32 Cr-25 Cr28 Cr6 Cr-17 Cr
EPS (₹)₹4.79₹3.96₹3.94₹5.11₹1.23₹1.98₹3.54₹3.16₹-2.45₹2.80₹58.00₹-1.71

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales571 Cr642 Cr738 Cr809 Cr588 Cr891 Cr1,884 Cr1,721 Cr1,512 Cr1,452 CrSign in free for the trailing twelve months
Operating expenses (approx.)480 Cr520 Cr574 Cr634 Cr452 Cr710 Cr1,472 Cr1,302 Cr1,242 Cr1,320 CrSign in free for the trailing twelve months
EBITDA91 Cr122 Cr164 Cr175 Cr136 Cr181 Cr412 Cr419 Cr270 Cr132 CrSign in free for the trailing twelve months
OPM %15.9%19.0%22.2%21.6%23.1%20.3%21.9%24.3%17.9%9.1%Sign in free for the trailing twelve months
Other income21 Cr30 Cr14 Cr15 Cr7 Cr26 Cr14 Cr15 Cr19 Cr67 CrSign in free for the trailing twelve months
Interest24 Cr24 Cr21 Cr20 Cr18 Cr21 Cr35 Cr30 Cr26 Cr22 CrSign in free for the trailing twelve months
Depreciation40 Cr45 Cr48 Cr55 Cr58 Cr64 Cr207 Cr151 Cr157 Cr139 CrSign in free for the trailing twelve months
Profit before tax48 Cr83 Cr110 Cr115 Cr67 Cr123 Cr184 Cr253 Cr107 Cr31 CrSign in free for the trailing twelve months
Tax %4.1%17.6%20.3%20.3%25.9%17.9%-4.7%16.4%-11.4%-31.9%Sign in free for the trailing twelve months
Net profit46 Cr69 Cr88 Cr92 Cr50 Cr101 Cr192 Cr211 Cr119 Cr41 CrSign in free for the trailing twelve months
EPS (₹)₹45.55₹68.67₹87.77₹9.18₹4.95₹10.07₹19.22₹21.12₹11.86₹4.09Sign in free for the trailing twelve months
Dividend payout %————0.0%1.0%2.1%5.7%1.7%4.9%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr10 Cr
Reserves148 Cr213 Cr298 Cr385 Cr435 Cr535 Cr723 Cr922 Cr1,039 Cr1,078 Cr
Borrowings165 Cr159 Cr159 Cr218 Cr295 Cr308 Cr419 Cr305 Cr231 Cr298 Cr
Other liabilities172 Cr201 Cr194 Cr231 Cr261 Cr384 Cr220 Cr167 Cr165 Cr172 Cr
Total liabilities496 Cr582 Cr660 Cr845 Cr1,001 Cr1,237 Cr1,372 Cr1,404 Cr1,445 Cr1,558 Cr
Fixed assets (net)291 Cr312 Cr383 Cr371 Cr432 Cr800 Cr689 Cr837 Cr734 Cr659 Cr
CWIP10 Cr29 Cr56 Cr215 Cr318 Cr87 Cr137 Cr16 Cr99 Cr257 Cr
Investments3 Cr3 Cr3 Cr3 Cr4 Cr7 Cr19 Cr17 Cr58 Cr125 Cr
Inventories28 Cr53 Cr90 Cr81 Cr122 Cr184 Cr204 Cr222 Cr205 Cr221 Cr
Trade receivables105 Cr118 Cr106 Cr132 Cr91 Cr106 Cr190 Cr163 Cr121 Cr129 Cr
Cash & bank0.30 Cr1 Cr0.47 Cr2 Cr0.68 Cr1 Cr0.41 Cr0.27 Cr4 Cr4 Cr
Other assets59 Cr66 Cr22 Cr41 Cr35 Cr51 Cr131 Cr150 Cr224 Cr163 Cr
Total assets496 Cr582 Cr660 Cr845 Cr1,001 Cr1,237 Cr1,372 Cr1,404 Cr1,445 Cr1,558 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity112 Cr120 Cr167 Cr150 Cr154 Cr160 Cr282 Cr362 Cr285 Cr233 Cr
Cash from investing-60 Cr-84 Cr-145 Cr-206 Cr-224 Cr-206 Cr-194 Cr-171 Cr-172 Cr-255 Cr
Cash from financing-53 Cr-34 Cr-23 Cr57 Cr69 Cr46 Cr-88 Cr-192 Cr-109 Cr22 Cr
Net cash flow0.19 Cr1 Cr-0.88 Cr1 Cr-1 Cr0.38 Cr-0.58 Cr-0.48 Cr4 Cr0.39 Cr
Free cash flow (OCF − Capex)48 Cr33 Cr21 Cr-52 Cr-69 Cr-58 Cr79 Cr182 Cr149 Cr20 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %22.2%28.1%28.0%22.1%11.4%16.8%19.0%22.8%10.3%3.8%
ROE %28.8%30.8%28.5%23.2%11.1%18.5%26.2%22.7%11.3%3.8%
Debtor days67675260564337352932
Inventory days45861188818617185113106109
Days payable487359587710346333931
Cash conversion cycle6480111901651127611596110
OCF / EBITDA %123.5%98.2%101.8%85.6%112.9%88.4%68.5%86.5%105.6%177.1%
OCF / EBITDA % (3 years)——105.9%94.7%99.0%94.2%81.7%79.5%84.5%107.3%
Debt / equity1.040.710.520.550.660.570.570.330.220.27
Current ratio1.171.281.341.301.251.241.471.732.161.71
Net debt / EBITDA1.821.290.971.242.161.691.020.730.842.23