Satia Industries Ltd (SATIA) AI Stock Analysis

• Market Cap: ₹5.92B
• Dividend Yield: 0.44%
• Average Volume (3M): 6.84K
• Price to Earnings (P/E): 5.9
• Beta (1Y): 1.14
• Revenue Growth: -9.42%
• EPS Growth: -56.27%
• Country: IN
• Employees: 2,398
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Paper, Lumber & Forest Products
• EPS (TTM): 2.80
• Shares Outstanding: 100,000,000
• 10 Day Avg. Volume: 5,873
• 30 Day Avg. Volume: 6,837
• PEG Ratio: -0.13
• Price to Book (P/B): 0.67
• Price to Sales (P/S): 0.46
• P/FCF Ratio: 4.69
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 60 Neutral
• Price Target: ₹62.00 ▼(-7.46% Downside)
• Action: Reiterated Date: 11/15/25
• Date: Action: Reiterated 11/15/25

Satia Industries Ltd's overall stock score is primarily influenced by its mixed financial performance and bearish technical indicators. While the company shows strong profitability and operational efficiency, declining revenue and cash flow are concerns. The stock's valuation is attractive, suggesting potential upside if financial and technical conditions improve.

Positive Factors

Healthy operating margins

Sustained healthy gross and positive EBIT/EBITDA margins point to durable cost control and manufacturing efficiency. That structural margin strength helps absorb input-cost swings (pulp, energy), supports reinvestment and competitiveness, and underpins long-term profitability.

Robust equity base

A healthy equity ratio and solid return on equity provide financial stability and loss-absorption capacity. Manageable leverage preserves access to capital and reduces refinancing risk, enabling the company to fund operations and capex through cyclical industry periods.

Positive operating cash flow

Consistent positive operating cash flow and strong cash conversion from earnings indicate the core paper business generates cash. This durability supports working capital, routine capex and creditor confidence, maintaining operational continuity over months.

Negative Factors

Declining revenue

A multi-period revenue decline signals weakening demand, pricing pressure, or loss of share in core domestic channels. Persistent top-line contraction erodes scale advantages, pressures fixed-cost absorption, and limits the firm's ability to invest in growth or withstand input-cost volatility.

Earnings contraction

Sharp EPS decline and falling net margins reduce retained earnings and internal financing capacity. Over several months this impairs the firm's ability to fund strategic initiatives, sustain dividends, and build buffers against cyclicality in raw-material and energy costs.

Falling free cash flow

Decreasing free cash flow suggests rising capex or working-capital strain, limiting financial flexibility. Over a medium-term horizon this constrains debt paydown, new investments or margin-supporting programs and raises risk if adverse industry conditions persist.

Satia Industries Ltd Business Overview & Revenue Model

Company Description

Satia Industries Limited manufactures and sells writing and printing paper in India and internationally. The company operates through Paper, Yarn and Cotton, Cogeneration, Agriculture, and Solar divisions. It offers snow white, super snow white, map litho, colored, ledger, cartridge, duplicating, bond, copier, azure laid, water mark, and chromo papers for use in the printing of books, directories, envelopes, diaries, calendars, computer stationery, copier paper, annual reports, and high-grade printing segments, as well as paper cups and cutlery. The company is also involved in the generation of solar power; trading of cotton and yarns; and agricultural and plantation operations. Satia Industries Limited also exports its products. The company was formerly known as Satia Paper Mills Limited. Satia Industries Limited was incorporated in 1980 and is based in Sri Muktsar Sahib, India.

How the Company Makes Money

Satia Industries Ltd primarily makes money by manufacturing and selling paper products. Its core revenue stream is the sale of writing and printing paper (and other paper variants it produces) to (a) trade/distribution channels and (b) institutional/bulk customers such as businesses and publishers. Revenue is recognized from the volumes sold and the realized selling prices, which are influenced by product mix (e.g., grades/quality), customer segment, and prevailing market prices. Profitability is driven by manufacturing utilization and input-cost management (notably pulp/wood, chemicals, power and fuel, and freight), as well as the company’s ability to pass changes in raw-material and energy costs through to selling prices. Specific details on material partnerships, long-term offtake contracts, or non-paper ancillary revenue streams are null.

Satia Industries Ltd Financial Statement Overview

Summary

Satia Industries Ltd demonstrates a mixed financial performance. Strong profitability and operational efficiency are offset by declining revenue and profit margins. The balance sheet is robust with a healthy equity position, but moderate leverage should be monitored. Cash flow performance reflects operational strength, yet declining free cash flow is a concern.

Income Statement

Satia Industries Ltd shows a mixed performance in its income statement. The gross profit margin remains healthy, reflecting efficient cost management. However, there is a consistent decrease in total revenue from 2024 to 2025, indicating potential challenges in maintaining sales growth. The net profit margin has also decreased in the same period, suggesting some pressure on profitability. Positive EBIT and EBITDA margins indicate operational efficiency, but the declining revenue growth trend is a concern.

Balance Sheet

The balance sheet of Satia Industries Ltd reveals a strong equity position with a healthy equity ratio, indicating stability. The debt-to-equity ratio reflects moderate leverage, which is manageable but should be monitored to avoid potential risks. The return on equity is solid, indicating effective utilization of equity to generate profits. Overall, the balance sheet shows financial stability with some leverage concerns.

Cash Flow

The cash flow statement indicates positive operating cash flow, which is a good sign of operational health. However, there is a decline in free cash flow from 2024 to 2025, raising concerns about the company's ability to generate cash after capital expenditures. The operating cash flow to net income ratio is strong, indicating good cash conversion from earnings. The free cash flow to net income ratio, however, is declining, which could impact the company's financial flexibility.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	14.55B	15.12B	17.22B	18.84B	8.91B	5.88B
Gross Profit	6.63B	2.77B	9.88B	9.93B	2.00B	3.30B
EBITDA	2.13B	2.89B	4.33B	4.26B	2.07B	1.43B
Net Income	623.14M	1.19B	2.11B	1.92B	1.01B	495.49M
Balance Sheet
Total Assets	15.05B	14.45B	14.04B	13.72B	12.37B	10.01B
Cash, Cash Equivalents and Short-Term Investments	619.08M	714.53M	5.07M	184.31M	18.55M	7.19M
Total Debt	2.92B	2.44B	3.19B	4.35B	4.19B	3.55B
Total Liabilities	4.52B	3.96B	4.72B	6.39B	6.92B	5.56B
Stockholders Equity	10.53B	10.49B	9.32B	7.33B	5.45B	4.45B
Cash Flow
Free Cash Flow	-168.00M	1.49B	1.82B	791.47M	-578.41M	-689.05M
Operating Cash Flow	858.32M	2.85B	3.62B	2.82B	1.60B	1.54B
Investing Cash Flow	-1.18B	-1.72B	-1.71B	-1.94B	-2.06B	-2.24B
Financing Cash Flow	286.78M	-1.09B	-1.92B	-882.70M	431.17M	690.76M

Satia Industries Ltd Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 67.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SATIA, the sentiment is Negative. The current price of 67 is above the 20-day moving average (MA) of 63.94, above the 50-day MA of 63.92, and below the 200-day MA of 75.38, indicating a bearish trend. The MACD of -1.10 indicates Positive momentum. The RSI at 34.43 is Neutral, neither overbought nor oversold. The STOCH value of 24.05 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SATIA.

Satia Industries Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BUTTERFLY	67 Neutral	₹10.79B	26.88	―	―	7.32%	―
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
SHREYANIND	61 Neutral	₹1.94B	-23.74	―	1.72%	6.00%	-19.96%
SATIA	60 Neutral	₹5.92B	5.94	―	0.44%	-9.42%	-56.27%
SHIVATEX	59 Neutral	₹1.87B	36.61	―	0.33%	15.16%	780.57%
KOTHARIPRO	54 Neutral	₹3.76B	11.19	―	―	-3.96%	―
BASML	44 Neutral	₹1.52B	22.90	―	―	-8.50%	―

Satia Industries Ltd Corporate Events

Satia Industries Confirms SEBI Dematerialisation Compliance for Q3 FY2025-26

Satia Industries Ltd has reported that its registrar and share transfer agent, Beetal Financial & Computer Services Pvt. Ltd., has issued a compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 December 2025. The certificate confirms that all securities submitted for dematerialisation during the quarter were duly processed, listed on the appropriate stock exchanges, and that corresponding physical certificates were mutilated, cancelled and updated in the company’s register of members within the prescribed timelines, underscoring ongoing compliance with depository and listing norms for shareholders’ holdings.