Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Satia Industries Limited

NSE: SATIAPaper & Paper Products

Share price

₹68.06

+0.62% close of 9 Oct 2026

Market cap ₹681 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

45

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹681 Cr

P/E ratio

—

P/B ratio

0.6

ROCE

4.5%

ROE

3.8%

Dividend yield

0.6%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹79.9352-week low ₹51.16

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 2.7% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 18.3% to 7.7% over the last four years.

Whether it grew faster than its sector

It grew 14.1% a year against a sector median of 10.3% — 3.8 percentage points faster.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Satia Industries Limited — this one-38%/yr——
JK Paper Limited-40%/yr20.2×—
West Coast Paper Mills Limited-46%/yr20.7×—
Seshasayee Paper and Boards Limited-41%/yr13.5×—
ANDHRA PAPER LIMITED-67%/yr48.0×—
N R Agarwal Industries Limited-22%/yr17.4×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Paper & Paper Products), it ranks 12 of 22 on returns, 3 of 22 on growth, 11 of 22 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.5% on capital, ahead of 45% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1323 crore of cash from the business, spent ₹921 crore on plant and equipment, and returned ₹324 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 205 arrived as cash — well above the profit; depreciation and interest are the reason, not a windfall. Its cash comes back more slowly than it used to: it went from being waiting 20 days for its cash to waiting 34 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 8 checks clear · 75%

Latest result · Q1 FY26

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Sep 2026 · Standalone · Unaudited

Revenue

₹371 Cr

Revenue vs last year

-7.1%

Revenue vs last quarter

-6.5%

Net profit

₹32 Cr

Profit vs last year

-38.0%

Profit vs last quarter

-9.7%

Net margin

8.5%

EPS

₹3.16

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹681 Cr
Prev close
₹68.06
52w High
₹81.0
52w Low
₹50.8
Enterprise value
₹967 Cr
Beta
1.0
Price CAGR 1y
-14.0%
Price CAGR 3y
-18.0%
Price CAGR 5y
-7.0%
Price CAGR 10y
38.0%

Ratios

Return on assets
2.6%
PEG ratio
—
P/E ratio
—
P/B ratio
0.6
EV / EBITDA
8.6
Industry P/E
15.3
ROCE
4.5%
ROCE 5y average
14.6%
ROE
3.8%
Debt / Equity
0.3
Interest coverage
2.4
Dividend yield
0.6%
ROE 3y average
13.0%
ROE last year
4.0%

Annual P&L

Annual revenue
₹1,452 Cr
Annual profit
₹41 Cr
Operating margin
9.0%
Net profit margin
2.8%
EBITDA margin
9.1%
Sales growth 3y
-8.3%
Sales growth 5y
19.9%
Profit growth 3y
-38.0%
Profit growth 5y
-1.0%
EPS
₹4.1
Sales growth TTM
-3.0%
Profit growth TTM
-108.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹362 Cr
Profit latest quarter
-₹17 Cr
YoY quarterly sales growth
-2.5%
YoY quarterly profit growth
-153.1%
OPM latest quarter
14.0%

Balance Sheet

Book Value
₹109
Face Value
₹1.0
Total debt
₹313 Cr
Total cash
₹27 Cr
Borrowings
₹313 Cr
Reserves / Equity
107.8

Cash Flow

Operating cash flow
₹233 Cr
Free cash flow
₹20 Cr
FCF yield
-0.3%
Net cash flow
₹0 Cr

Shareholding

Promoter holding
52.5%
FII holding
0.5%
DII holding
0.1%
Public holding
46.9%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
JK Paper369.9520.56,7081.03136.364.51,887.213.67.4
West Coast Paper716.0020.64,7290.41141.8145.41,051.310.16.2
Seshasayee Paper228.2514.51,4400.8731.9106.8492.127.75.6
Andhra Paper67.9648.91,3510.7130.342.3393.80.10.0
N R Agarwal Inds646.1016.71,1000.3035.0111.4647.043.18.5
T N Newsprint138.553.69592.915.7177.51,146.60.46.4
Pudumjee Paper92.899.78820.6533.7-7.0202.93.318.1
Satia Industries68.306830.60-17.1-154.2361.8-2.54.5
Median97.0016.73430.306.242.3201.27.16.2

Competes with: ANDHRA PAPER LIMITED, JK Paper Limited, N R Agarwal Industries Limited, Pudumjee Paper Products Limited, Seshasayee Paper and Boards Limited, Tamil Nadu Newsprint & Papers Limited, West Coast Paper Mills Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Standalone · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales481373436431399340376397371311380390362
Expenses332287343340289295323335308305342373311
Material Cost183169175200194179
Change in Inventories6.770.04-3.80-0.096.99-1.81
Purchases of Stock-in-Trade2.56002.340.950.59
Employee Cost273029294237
Other Expenses11510910411012197
Operating Profit149869291111455362637381751
OPM %3123212128131416172.11104.3414
Other Income36-28426769292311
Exceptional items (within Other Income)0000-6.670
Interest8787766656664
Depreciation33333847394040393435353529
Profit before tax112514445691132331-2526-129
Tax %257101226-886-55-53-3-2-7-697159
Net Profit844840395112203532-25286-17
EPS in Rs8.424.793.963.945.111.231.983.543.16-2.452.800.58-1.71
Diluted EPS in Rs3.543.16-2.452.800.58-1.71

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Standalone · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3924335406317388095878911,8801,7181,5121,4521,443
Expenses3273804495095746344517061,4691,2991,2421,3201,330
Material Cost705740
Change in Inventories0.313.15
Purchases of Stock-in-Trade4.463.29
Employee Cost114130
Other Expenses418444
Operating Profit655491122164175136185412419270132113
OPM %171217192222232122241898
Other Income415213014157261415196072
Exceptional items (within Other Income)0-6.67
Interest16252424212018223530262221
Depreciation5333404548555866207151157139135
Profit before tax-0104883110115671231842531073129
Tax %-39,300-3041820202618-516-11-32
Net Profit813466988925010119221111941-8
EPS in Rs0.781.314.566.878.789.184.96101921124.09-0.78
Diluted EPS in Rs124.09
Dividend Payout %1304432222530

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
13%
5 years
20%
3 years
-8%
TTM
-3%

Compounded profit growth

10 years
22%
5 years
-1%
3 years
-38%
TTM
-108%

Stock price CAGR

10 years
38%
5 years
-7%
3 years
-18%
1 year
-14%

Return on equity

10 years
19%
5 years
17%
3 years
13%
Last year
4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Standalone
Line itemMar 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

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Standalone
Line itemMar 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

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Standalone
Line itemMar 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 %671827282312162023104

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Standalone · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters525252525252525252525252
FIIs3.782.842.072.851.820.881.030.850.840.720.730.52
DIIs0.100.080000.060.060.070.070.070.070.07
Public444545454647464747474747
No. of Shareholders43,86561,38662,65058,05555,82061,34160,38359,14156,95354,52752,18451,017

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -14.8% (₹79.88 → ₹68.06)Brick size ₹2.35 (fixed)Bricks 38
₹60.00₹80.00₹68.06Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹68.06 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

286inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

55,33,537inr

2026-03-31

News

News and filings about Satia Industries Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • caustic soda / sodium hydroxide
  • imported wood pulp
  • rice straw and rice husk biomass fuel
  • sarkanda / agricultural residue
  • veneer waste
  • waste paper
  • wheat straw
  • wood chips

Depends on the price of

  • caustic_soda
  • fuel
  • paper_pulp
  • timber/logs
  • water
  • wheat

Sells to

  • Chhattisgarh Textbook Board · writing and printing paper for textbooks
  • Maharashtra State Textbook Bureau · writing and printing paper for textbooks
  • Rajasthan State Textbook Board · writing and printing paper for textbooks
  • State Textbook Boards / Corporations (tender-driven) · high-quality watermark writing and printing paper for textbooks; 40-50% of revenue, ~50-75…

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Forest Materials
Industry
Paper & Paper Products
Classification
Forest Materials › Paper & Paper Products
ISIN
INE170E01023

Business segments

  • Paper · 83%
  • Co-Generation Division · 17%
  • Agriculture · 0%

Plants

  • Satia Paper Mills integrated paper complex
  • Satia biomass cogeneration power plant
  • Satia chemical recovery plant
  • Satia cups and cutlery moulding facility
  • Satia eucalyptus plantation
  • Satia in-house pulp mill

News impact

Big market events that reach Satia Industries Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

23 Sep 2026unspecified₹0.4
23 Sep 2025unspecified₹0.2
22 Nov 2024interim₹0.1
21 Aug 2024interim₹0.1
22 Sep 2023unspecified₹0.2
24 Aug 2023interim₹1
24 Feb 2023interim₹0.2
22 Sep 2022unspecified₹0.2

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 2, delete 1, insert 6), 2019-09-04..2026-02-01 (docs/flat_day_repair.md)1× · 4 Sep 2019

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.