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Satia Industries Ltd share Price Today

Company details

121.99
126.49
100.30
155.00
6M Return -15.02%
1Y Return 12.16%
Mkt Cap.(Cr) 1,248.30
Volume 1,224,199
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,224,199

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Paper & Paper Products company Satia Industries announced FY24 results:

  • Marked by the industry headwinds w.r.t. to softness in pricing and challenging demand environment, the company saw a 9% decline in revenues to Rs 17,208 million in FY24. For Q4FY24, the revenues were Rs 4,306 million.
  • Company’s healthy order book and lower raw material prices have helped the company in improving the gross margins at 57.1% in FY24 as compared to 52.7% in FY23. For Q4FY24, gross margins were 56.0%.
  • EBITDA for FY24 was Rs 4,187 million as compared to Rs 4,118 million in FY23. Noteworthy is the improvement in margins from 21.9% in FY23 to 24.3% in FY24, up 247 bps. For Q4FY24, EBITDA margins were 21.1%.
  • Net profit stood at Rs 2,112 million in FY24, up 10%.
  • EPS for the year stands at Rs 21.12 as compared to Rs 19.22 in FY23. 

Commenting on the financial results, Executive Director Chirag Satia, said: “FY24 demonstrated our resilience. Despite facing industry headwinds, we are pleased to have improved our profitability this year. This success was driven by our strong relationships with state textbook boards and our stringent expense control. For FY24, our revenues were Rs 17,208 million. Although this represents a decline due to lower paper prices, it is noteworthy that our volumes remained steady. Currently, we have a strong order book covering more than one month of revenues. These orders provide a buffer against adverse industry impacts.

During Q4 FY24, we observed a decline in both paper and raw material prices. Notably, the prices of wheat straw and agro pulp dropped significantly, positively impacting our profitability this quarter. We capitalized on this by increasing the use of agro pulp, further enhancing our savings and margins. While wood pulp prices rose, our existing inventory cushioned the impact on this quarter's performance.

Satia Industries remains steadfast in its commitment to enhancing operational efficiencies and optimizing resource utilization. Our focus on continuous improvement across projects enables us to effectively address challenges. We are pleased to announce the successful commissioning of our 75 TPH muilti fuel boiler.

Looking ahead, we are well positioned to leverage our synergies from our strategic initiatives and remain confident in our ability to navigate any external industry challenges. Our commitment to delivering shareholder value remains steadfast, achieved through stable revenue streams, strategic cost management, and targeted investments. We maintain optimism about the future despite current market conditions and are confident our focused efforts will propel us on a positive trajectory.”

Result PDF

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Satia Industries Ltd shares SWOT Analysis

Strengths (8)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (5)

  • Decline in Net Profit (QoQ)
  • Decline in Quarterly Net Profit (YoY)
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)

Opportunity (2)

  • Stock with Low PE (PE < = 10)
  • RSI indicating price strength

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 126.9
R2 128.9
R3 131.4
Pivot

124.44

S1 122.4
S2 119.9
S3 117.9
EMA SMA
115.4
116.1
118.9
121.4
114.0
116.2
119.9
125.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
CRONY VYAPAR PVT LTD Bulk Purchase 2023-12-18 152.87 832616 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-12-18 152.27 607447 NSE
CRONY VYAPAR PVT LTD Bulk Sell 2023-12-18 153.43 762616 NSE
Name Category Shares
AJAY KUMAR SATIA PROMOTER 23.03%
BINDU SATIA PROMOTER 8.12%
DHRUV SATIA PROMOTER 7.97%
CHIRAG SATIA PROMOTER 6.96%
PRIYANKA SATIA PROMOTER 3.6%
YACHANA MEHTA PROMOTER 2.59%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Satia Industries Ltd Stocks COMPARISON

Financials( in Cr) Satia Industries Ltd Century Textiles & Industries Ltd JK Paper Ltd West Coast Paper Mills Ltd Andhra Paper Ltd
Price 124.83 2,358.90 518.00 705.10 560.10
% Change 3 5.05 5.54 4.04 0.04
Mcap Cr 1,248.30 26,347.97 8,775.02 4,657.12 2,227.52
Revenue TTM Cr 1,884.00 4,799.65 6,772.17 4,920.76 2,097.66
Net Profit TTM Cr 192.17 264.55 1,208.22 1,087.01 522.46
PE TTM 5.90 89.34 7.82 6.73 6.55
1 Year Return 12.16 196.25 57.45 36.90 29.85
ROCE 18.70 5.82 28.07 57.54 50.66
ROE 30.07 4.65 34.37 50.95 39.04
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 733.20 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 32,550.52 645.34
LAST 3M 103,712.87 -29,605.88
LAST 6M 176,931.00 -14,371.69
LAST 12M 290,309.13 100,312.35

Satia Industries Ltd Information

Stock PE (TTM)
5.9
Promoter Holding
52.46%
Book Value
93.229
ROCE
18.7%
ROE
30.07%
Description
  • Satia Industries Ltd was incorporated in the year November 26, 1980. The Company operates presently dealing into the business of writing and printing paper, co-generation of power for captive consumption, solar power, trading activities in cotton & yarn and agricultural plantation & operations etc. The Company raised fresh Long Term Loan of Rs 6993.10 lakhs for its various projects in progress during the year 2015.

Registered Address

VPO Rupana Malout-Muktsar Road, Distt Muktsar, Muktsar, Punjab, 152032

Tel : 91-1633-262215/262001
Email : satiapaper:gmail.com
Website : http://www.satiagroup.com
Registrar

Beetal Fin.&Computer Ser.P Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 539201
NSE Code : SATIA
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE170E01023

FAQ’s on Satia Industries Ltd Shares

You can buy Satia Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Satia Industries Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 18, 2024 04:10 PM the closing price of Satia Industries Ltd was Rs.124.83.

The latest PE ratio of Satia Industries Ltd as of Jun 18, 2024 04:10 PM is 5.90

The latest PB ratio of Satia Industries Ltd as of Jun 18, 2024 04:10 PM is 0.75

The 52-week high of Satia Industries Ltd share price is Rs. 155.00 while the 52-week low is Rs. 100.30

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 18, 2024 04:10 PM, the market cap of Satia Industries Ltd stood at Rs. 1,248.30.

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