MarketFriction

Satia Industries Ltd

NSE SATIA · BSE 539201 · Paper & Paper Products
₹68.34 -1.95%
NSE close2026-10-01
52 week range50.80 - 83.80
Market cap₹687 Cr.
Price band 20% Delivery 69.7%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales373436431399340376397371311380390362
Expenses287343340289295323335308305342373311
Operating Profit869291111455362637381751
OPM %23%21%21%28%13%14%16%17%2.1%10%4.3%14%
Other Income6-28426769292311
Interest787766656664
Depreciation333847394040393435353529
Profit before tax514445691132331-2526-129
Tax %7%10%12%26%-886%-55%-53%-3%-2%-7%-697%159%
Net Profit4840395112203532-25286-17
EPS in Rs4.793.963.945.111.231.983.543.16-2.452.800.58-1.71
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4335406317388095878911,8801,7181,5051,4521,443
Expenses3804495095746344517061,4691,2991,2341,3271,330
Operating Profit5491122164175136185412419270125113
OPM %12%17%19%22%22%23%21%22%24%18%9%8%
Other Income15213014157261415196772
Interest252424212018223530262221
Depreciation33404548555866207151157139135
Profit before tax104883110115671231842531073129
Tax %-30%4%18%20%20%26%18%-5%16%-11%-32%
Net Profit13466988925010119221111941-8
EPS in Rs1.314.566.878.789.184.9610.0719.2221.1211.864.09-0.78
Dividend Payout %0%4%4%3%2%2%2%2%5%3%10%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth13%20%-8%-3%
Compounded Profit Growth21%-4%-40%-108%
Stock Price CAGR38%-7%-19%-13%
Return on Equity19%16%13%4%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital101010101010101010101010
Reserves81941482132983854355357239221,0391,078
Borrowings267310204201206272345443436319244313
Other Liabilities4945133159147178211249206153153157
Total Liabilities4074604965826608451,0011,2371,3741,4041,4451,558
Fixed Assets204250291312383371432814704855751690
CWIP4523103056215318811381699257
Investments77333347704395
Other Assets151180192237218256248335526533552516
Total Assets4074604965826608451,0011,2371,3741,4041,4451,558
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity4043112120167150154160282363285233
Cash from Investing Activity-114-60-60-84-145-206-224-202-194-171-172-255
Cash from Financing Activity7517-53-34-23576943-88-192-10922
Net Cash Flow1-101-11-10-1-040
Free Cash Flow-61-17483522-52-68-438718515320
CFO/OP64%80%131%112%115%99%116%99%78%96%114%194%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days708271685260564437352932
Inventory Days106994383775514713565878185
Days Payable6447457058558010240323931
Cash Conversion Cycle112134688171601237763907186
Working Capital Days301613252419232024353734
ROCE %6%7%18%27%28%23%12%16%20%23%10%4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.46%52.46%52.46%52.46%52.46%52.46%52.46%52.46%52.46%52.46%52.46%52.46%
FIIs3.78%2.84%2.07%2.85%1.82%0.88%1.03%0.85%0.84%0.72%0.73%0.52%
DIIs0.10%0.08%0.00%0.00%0.00%0.06%0.06%0.07%0.07%0.07%0.07%0.07%
Public43.66%44.62%45.46%44.68%45.71%46.61%46.44%46.62%46.62%46.74%46.74%46.94%
No. of Shareholders43,86561,38662,65058,05555,82061,34160,38359,14156,95354,52752,18451,017

Fundamentals

Market Cap₹ 687 Cr.
Current Price₹ 68.5
Book Value₹ 109
ROCE3.94 %
ROE3.83 %
Dividend Yield0.58 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)-3%
Compounded Profit Growth (TTM)-108%
Standalone figures.
Valuation
Market capRs 686 Cr
Enterprise valueRs 972 Cr
Price to book0.63x
Price to sales0.48x
EV / EBITDA5.26x
EV / EBIT19.47x
EV / sales0.67x
Price to cash flow2.94x
Earnings yield-1.14%
Dividend yield0.58%
P/E, 3-year average5.35x
P/B, 3-year average0.90x
P/E, 5-year average6.59x
P/B, 5-year average1.28x
Profitability
Operating margin (excl. other income)8.62%
Operating margin (incl. other income)13.24%
EBITDA margin12.80%
Pre-tax margin2.03%
Net profit margin-0.54%
Net margin, latest quarter-4.73%
ROE3.83%
ROCE3.94%
ROA2.72%
ROE, 3-year average13.72%
ROCE, 3-year average12.56%
ROA, 3-year average8.75%
ROE, 5-year average18.31%
ROCE, 5-year average14.84%
ROA, 5-year average9.99%
ROIC (approx.)4.79%
Tax rate-31.96%
Other income / net worth6.17%
Growth
Sales growth (latest year)-3.51%
Profit growth (latest year)-65.51%
Sales CAGR, 3 years-8.26%
Sales CAGR, 5 years19.84%
Profit CAGR, 3 years-40.29%
Profit CAGR, 5 years-3.76%
Sales growth QoQ-7.12%
Profit growth QoQ-395.17%
Sales growth YoY (latest quarter)-2.46%
Profit growth YoY (latest quarter)-154.18%
Per share
EPS (TTM)Rs -0.78
EPS (latest quarter)Rs -1.71
EPS, 3-year averageRs 16.49
EPS, 5-year averageRs 15.57
Book value per shareRs 108.45
Sales per shareRs 143.81
Cash flow per shareRs 23.27
Free cash flow per shareRs 1.99
Dividend per share, 3-year averageRs 0.70
Dividend per share, 5-year averageRs 0.50
Dividends
Dividend payout9.78%
Dividend payout, 3-year average5.96%
Dividend payout, 5-year average4.39%
Efficiency
Asset turnover0.93x
Fixed asset turnover2.10x
Inventory turnover4.31x
Inventory days85 days
Debtor days32 days
Debtors turnover11.29x
Creditor days31 days
Cash conversion cycle86 days
Working capital days34 days
Leverage
Total debtRs 313 Cr
Cash and bankRs 27 Cr
Net debtRs 286 Cr
Debt to equity0.29x
Net debt / EBITDA1.55x
Interest coverage2.43x
Current ratio (filing 2026-03-31)1.71x
Quick ratio (filing 2026-03-31)0.73x
Trade payables (filing 2026-03-31)Rs 63 Cr
Owners' fund to total sources69.84%
Debt to assets20.07%
Cash flow
Cash from Operating Activity (latest year)Rs 233 Cr
Cash from Investing Activity (latest year)Rs -255 Cr
Cash from Financing Activity (latest year)Rs 22 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs 20 Cr
FCFE (approx.: FCF + change in debt)Rs 89 Cr
Cash from ops / profit, 5 years1.99x
Sales to cash flow6.22x
Statement figures
Net sales (TTM)Rs 1,443 Cr
Net sales (latest year)Rs 1,452 Cr
Sales (latest quarter)Rs 362 Cr
Operating profit excl. other income (latest year)Rs 125 Cr
Operating profit (latest quarter)Rs 51 Cr
Other income (TTM)Rs 72 Cr
EBITDA (TTM)Rs 185 Cr
PBDT (TTM)Rs 164 Cr
Profit before tax (TTM)Rs 29 Cr
Tax (latest year)Rs -10 Cr
Net profit (TTM)Rs -8 Cr
Net profit (latest year)Rs 41 Cr
Net profit (latest quarter)Rs -17 Cr
Depreciation (TTM)Rs 135 Cr
Depreciation (latest quarter)Rs 29 Cr
Interest (TTM)Rs 21 Cr
Cost of goods sold (latest year)Rs 746 Cr
Total expenditure (latest year)Rs 1,327 Cr
Total income (latest year)Rs 1,519 Cr
Share capitalRs 10 Cr
ReservesRs 1,078 Cr
Shareholders' fundsRs 1,088 Cr
Total assetsRs 1,558 Cr
Net blockRs 690 Cr
Capital work in progressRs 257 Cr
InvestmentsRs 95 Cr
ReceivablesRs 129 Cr
InventoryRs 173 Cr
Other liabilitiesRs 157 Cr
Shares outstanding (crore)10.03
Ownership
Promoter holding52.46% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.63 is at the 9th percentile (median 1.94).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodSATIANifty 50Difference
1 week+1.0%-2.8% +3.8 pts
1 month+19.8%-6.8% +26.6 pts
3 months+23.7%-7.6% +31.3 pts
6 months+33.6%+0.4% +33.2 pts
1 year-14.7%-9.9% -4.8 pts
2 years-42.0%-13.6% -28.4 pts
3 years-47.1%+14.2% -61.2 pts
5 years-28.9%+27.9% -56.8 pts

Red flags

F-score 4 of 8
lookProfit leans on other income Other income was 216% of pre-tax profit in 2026
lookAuditor change Auditor change 2026-05-23: Satia Industries Limited has informed the Exchange regarding Change in Auditors of the company.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹362 Cr -2.4% vs Jun 2025. Net loss ₹17 Cr.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-09-23Dividend - Re 0.40 Per Share
2025-09-23Dividend - Re 0.20 Per Share
2024-11-22Interim Dividend - Re 0.10 Per Share
2024-09-23Annual General Meeting
2024-08-21Interim Dividend - Re 0.10 Per Share
2023-09-22Annual General Meeting/Dividend - Re 0.20 Per Share
2023-08-24Interim Dividend - Re 1 Per Share
2023-02-24Interim Dividend - Re 0.20 Per Share
2022-09-22Annual General Meeting/Dividend - Re 0.20 Per Share
2021-09-22 Annual General Meeting/Dividend - Rs 0.10 Per Share
2020-09-22 Annual General Meeting
2020-02-18 Interim Dividend - Re 0.15 Per Share
2019-10-15 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share0.1000
2019-09-20 Annual General Meeting/Dividend - Rs 1.50 Per Share
DateTypeWhat it says
2026-09-30UpdatesOut Come of AGM and Proceedings of AGM held on 30.09.2026.
2026-09-30Shareholder meetingVoting results.
2026-09-30Shareholder meetingProceedings of Annual General Meeting held on September 30, 2026. Further, the company has informed the Exchange regarding voting results along with c...
2026-09-08UpdatesLetter to Shareholders having weblink for Annual Report and Notice of AGM.
2026-09-07Shareholder meetingNotice of Annual General Meeting to be held on September 30, 2026
2026-08-15UpdatesAppointment of Cost Auditor M/s Balwinder & Associates.
2026-08-14Press ReleaseA press release dated 0 , , titled "INR3618Mn".
2026-08-14Investor PresentationInvestor Presentation
2026-08-14Record DateRecord date for the purpose of Dividend is 23-Sep-2026.
2026-08-14Record DateRecord date for the purpose of Dividend is 23-Sep-2026.
2026-08-14Record DateRecord date for the purpose of Dividend and reckoning is 23-Sep-2026.
2026-08-14Board meeting outcomeSatia Industries Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-29Credit Rating- NewCredit Rating- New
2026-07-09Reply to Clarification- FinaThe Exchange had sought clarification from Satia Industries Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listi...
2026-06-25Clarification - Financial ReThe Exchange has sought clarification from Satia Industries Limited for the quarter ended 31-Mar-2026 with respect to Regulation 33 of the SEBI (Listi...
2026-05-25General UpdatesGeneral Updates -Intimation regarding temporary shutdown of paper machine -3 (PM_3) for upgradation, modernization
2026-05-23Press ReleaseA press release dated May 23, 2026, titled "Press release result".
2026-05-23Investor PresentationInvestor Presentation
2026-05-23Change in AuditorsChange in Auditors of the company.
2026-05-23General UpdatesGeneral Updates Recommendation of Dividend subject to approval of Shareholders at the ensuing AGM
2026-05-23Board meeting outcomeSatia Industries Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
2026-04-09Disclosure under SEBI TakeovAjay Kumar Satia has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial ...
2026-02-13Investor PresentationInvestor Presentation
2026-02-13Press ReleaseA press release dated February 13, 2026, titled "SIL Reports INR 3803 Mn Revenues in Q3FY26".
2026-02-12Board meeting outcomeSatia Industries Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Satia Industries Ltd?

Satia Industries Ltd (SATIA) has a market capitalisation of Rs 687 Cr. at the 2026-10-01 close.

What were Satia Industries Ltd's latest quarterly results?

In the Jun 2026 quarter, Satia Industries Ltd sales was Rs 362 Cr (-2.4% vs Jun 2025) with a net loss of Rs 17 Cr.

What is the 52-week high and low of Satia Industries Ltd?

The 52-week high is Rs 83.80 and the 52-week low is Rs 50.80.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03