Satia Industries Limited - manufacturing in Muktsar, Punjab, India. FY 2026 financials & compliance.
CIN L21012PB1980PLC004329 Incorporated 26 November 1980 ROC Chandigarh HQ Muktsar, Punjab, India
Active Listed - NSE: SATIA · BSE: 539201 Public Limited Company manufacturing
Data last updated
Market Cap
₹640 Cr
SATIA · NSE
Share Price
₹65.03
+1.56% today
Revenue
₹1,452 Cr
FY 2025-26 · -4.0% YoY
EBITDA
₹125 Cr
Margin 8.6%
Net Profit
₹40.92 Cr
FY 2025-26 · -65.2% YoY
Authorised capital
₹22 Cr
Registered with MCA
Paid-up capital
₹10 Cr
Issued & subscribed
Open charges
₹2,170.59 Cr
Satisfied ₹2,424.46 Cr

About Satia Industries Limited

Data last updated:

Satia Industries Limited is a public limited company based in Muktsar, Punjab, India. It operates in the paper and packaging products segment of the manufacturing sector. It was incorporated on 26 November 1980 and has been in existence for over 46 years.

The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN L21012PB1980PLC004329. Its GSTIN is 03AACCS7233A1ZZ (Punjab). The company holds 7 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 539201 and NSE: SATIA.

The company has an authorised share capital of ₹22 Cr and a paid-up capital of ₹10 Cr. It was formerly known as Satia Paper Mills Limited. It is led by directors including Rajinder Kumar Bhandari (Managing Director) and Ajay Kumar Satia (Managing Director).

Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Vill. Rupana Malout – Muktsar Road Muktsar, Punjab, India.

As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹1,451.91 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹40.92 Cr (net margin 2.8%) and EBITDA of ₹125.17 Cr (EBITDA margin 8.6%). The net worth stands at ₹1,088.02 Cr (up 3.7% YoY). Total assets are valued at ₹1,435.52 Cr (up 7.2% YoY).

The company has about 2,257 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Satia Industries. As per MCA filings, the company has open charges of ₹2,170.59 Cr and satisfied charges of ₹2,424.46 Cr on record. Court records list 61 cases involving the company, including 27 filed by the company and 34 filed against it; 15 cases are pending. The company has 12 deals on record (12 market trades); the latest was in December 2023. Its 7 peer companies in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products) are compared by revenue, 4 larger and 3 smaller; the largest is Emami Paper Mills Limited with revenue of ₹1,932.5 Cr. The company has 5 MSME Form 1 returns on record between 2022 and 2024, listing 54 overdue payments to 49 micro and small suppliers.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satiagroup.com.

Company details

CIN L21012PB1980PLC004329
Registration Number 004329
Incorporation Date 26 November 1980
ROC Chandigarh
Listing Status Listed - Listed on NSE (SATIA); Listed on BSE (539201)
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant

Contact details

Satia Industries Limited's registered office is in Muktsar, Punjab. Its website is satiagroup.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Vill. Rupana Malout – Muktsar Road Muktsar, Punjab, India
  • Industry
    Manufacturing, Paper & Packaging Products

To see the full contact details of Satia Industries Limited, buy the company report.

Comprehensive company report
Satia Industries Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

Satia Industries operates one associated brand: Satia Industries. Each brand links to its own profile.

BrandDescriptionWebsite
Electronic equipment is developed, manufactured, and supplied for multiple industries.satiagroup.com

Business activity

The main business activities of Satia Industries are manufacturing, agriculture, forestry, fishing and electricity, gas, steam and air condition supply. In detail, this covers wood and wood products, furniture, paper and paper products, forestry and logging and electric power generation, transmission and distribution. 3 activity segments are registered with the MCA.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC3Wood and wood products, furniture, paper and paper products
AAgriculture, forestry, fishingA2Forestry and logging
DElectricity, gas, steam and air condition supplyD1Electric power generation, transmission and distribution

To see the full business activity and turnover split of Satia Industries Limited, buy the company report.

Financials of Satia Industries Limited

FY 2025-26 filings available

Satia Industries Limited reported revenue of ₹1,451.91 Cr (down 4% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Standalone
Revenue
₹1,452 Cr
-4.0% YoY
EBITDA
₹125 Cr
-53.7% YoY
Profit After Tax
₹40.92 Cr
-65.2% YoY
Net Worth
₹1,088 Cr
+3.7% YoY
Total Assets
₹1,436 Cr
+7.2% YoY
Total Debt
₹313 Cr
+28.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,4521,5121,7211,884891588809
Revenue growth-4.0%-12.1%-8.6%+111.5%+51.4%-27.3%-
EBITDA125270419412185136175
EBITDA margin+8.6%+17.9%+24.3%+21.9%+20.7%+23.1%+21.6%
Profit before tax31.0110625318412366.84115
Net profit40.9211821119299.3749.3791.85
Net profit margin+2.8%+7.8%+12.3%+10.2%+11.2%+8.4%+11.4%
EPS (₹)4.0911.8621.1219.2210.074.959.18
Balance sheet
Total assets1,4361,3391,2991,2411,099924769
Net worth1,0881,049932733545445395
Total debt313244319436443345272
Cash & bank26.5580.1420.5918.4312.7111.1615.47
Net working capital266325336306195164170
Cash flow
Cash from operations233285363282160154150
Cash from investing(255)(172)(171)(194)(202)(224)(206)
Cash from financing22.37(109)(192)(88.27)43.1269.0857.46
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue362390380311371397376340
Revenue growth (YoY)-2.5%-1.8%+1.2%-8.5%-7.1%---
Other income11.0622.8128.659.376.297.286.002.16
Total expenses311373342305308335323295
EBITDA50.8016.9038.476.5763.2361.4953.0045.07
EBITDA margin+14.0%+4.3%+10.1%+2.1%+17.0%+15.5%+14.1%+13.3%
Depreciation29.0735.0435.2935.3433.5839.2240.0539.57
Interest3.685.635.525.735.166.406.196.41
Profit before tax29.11(0.96)26.31(25.13)30.7823.1512.761.25
Tax46.24(6.76)(1.72)(0.60)(0.81)(12.27)(7.05)(11.08)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue362390380311371397376340
Revenue growth (YoY)-2.5%-1.8%+1.2%-8.5%-7.1%---
Other income11.0622.8128.659.376.297.286.002.16
Total expenses311373342305308335323295
EBITDA50.8016.9038.476.5763.2361.4953.0045.07
EBITDA margin+14.0%+4.3%+10.1%+2.1%+17.0%+15.5%+14.1%+13.3%
Depreciation29.0735.0435.2935.3433.5839.2240.0539.57
Interest3.685.635.525.735.166.406.196.41
Profit before tax29.11(0.96)26.31(25.13)30.7823.1512.761.25
Tax46.24(6.76)(1.72)(0.60)(0.81)(12.27)(7.05)(11.08)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,4521,5121,7211,884891588809
Revenue growth-4.0%-12.1%-8.6%+111.5%+51.4%-27.3%-
Other income67.1319.2215.3614.0625.826.7215.20
Total expenses1,3271,2421,3031,472706452634
Employee cost0.0011411291.6459.8245.0252.83
EBITDA125270419412185136175
EBITDA margin+8.6%+17.9%+24.3%+21.9%+20.7%+23.1%+21.6%
Depreciation13915715120765.9258.4354.62
Interest22.0425.6129.9635.1821.8817.5820.22
Profit before tax31.0110625318412366.84115
Tax(9.91)(12.11)41.50(8.66)21.9917.2923.44
Net profit40.9211821119299.3749.3791.85
Net profit margin+2.8%+7.8%+12.3%+10.2%+11.2%+8.4%+11.4%
EPS (₹)4.0911.8621.1219.2210.074.959.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital10.0010.0010.0010.0010.0010.0010.00
Reserves & surplus1,0781,039922723535435385
Shareholders' funds (net worth)1,0881,049932733545445395
Secured loans170135141338327345270
Unsecured loans14310917898.211160.002.20
Total debt313244319436443345272
Total liabilities1,4361,3391,2991,2411,099924769
Assets
Gross block1,6281,5531,4911,1951,105672555
Net block690751855704814432371
Capital work in progress25799.4116.1413880.54318215
Investments94.8042.630.006.527.463.793.28
Inventories17315717516014791.7853.11
Sundry debtors12912116419210690.80132
Cash & bank balances26.5580.1420.5918.4312.7111.1615.47
Loans & advances60.2673.1082.8370.1961.0545.4145.90
Total current assets389431442440327239247
Total current liabilities12210610613413274.7676.26
Net working capital266325336306195164170
Total assets1,4361,3391,2991,2411,099924769
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash3.58(0.07)0.410.990.681.720.47
Net cash from operating activities233285363282160154150
Net cash from investing activities(255)(172)(171)(194)(202)(224)(206)
Net cash from financing activities22.37(109)(192)(88.27)43.1269.0857.46
Net change in cash0.393.65(0.48)(0.58)0.30(1.04)1.26
Closing cash26.5580.1420.5918.4312.7111.1615.47
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-4.0%-12.1%-8.6%+111.5%+51.4%-27.3%-
EBITDA growth-53.7%-35.5%+1.7%+123.0%+35.6%-22.2%-
PBT growth-70.9%-57.9%+37.7%+49.6%+83.5%-42.0%+4.7%
Net income growth-65.2%-44.2%+9.9%+93.3%+101.3%-46.3%-
Revenue CAGR (3Y)-8.3%+19.3%+43.0%+32.6%+6.5%-2.5%+14.3%
EBITDA CAGR (3Y)-32.8%+13.5%+45.4%+33.0%+4.0%+3.8%+24.4%
Profitability & leverage
Net income margin+2.8%+7.8%+12.3%+10.2%+11.3%+8.4%+11.4%
Return on capital employed-+10.0%+22.3%+18.7%+14.3%+10.0%+19.7%
Return on net worth-+12.0%+25.4%+30.1%+20.3%+11.8%+26.1%
Debt / equity-0.280.450.690.800.730.68
Long-term debt / equity-0.160.260.450.540.460.38
Interest cover-156.5322.6911.2117.1918.4322.6316.81
Efficiency & per share
Fixed asset turnover-1.001.281.641.000.961.52
Inventory turnover-9.1210.2912.307.478.1214.32
Debtors turnover-10.629.6912.659.035.286.80
EPS (₹)4.0911.8621.1219.2210.074.959.18
Dividend per share (₹)0.400.401.000.400.200.100.15
Book value per share (₹)0.00104.8793.2373.3254.5044.5339.55

To see the full year-wise statements and ratios of Satia Industries Limited, buy the company report.

Board of directors of Satia Industries Limited

Satia Industries has 11 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Hardev SinghWhole-Time Director29 Sep 20179 Years 1 MonthsCurrent
Rajinder Kumar BhandariManaging Director28 May 200917 Years 5 MonthsCurrent
Vinod Kumar KathuriaDirector08 Feb 20206 Years 8 MonthsCurrent
Chirag SatiaWhole-Time Director13 Feb 201511 Years 8 MonthsCurrent
Ajay Kumar SatiaManaging Director26 Nov 198045 Years 11 MonthsCurrent
Priti Lal ShivhareDirector14 Nov 20178 Years 11 MonthsCurrent
Showing 6 of 11 current directors. View all directors

Peer comparison

Satia Industries Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Emami Paper Mills Limited₹1,932.5 Cr (FY 2025)-3.0%Kolkata, West Bengal, India
Seshasayee Paper and Boards Limited₹1,822.98 Cr (FY 2025)-2.0%Erode, Tamil Nadu, India
N R Agarwal Industries Limited₹1,690.43 Cr (FY 2025)30.0%Mumbai, Maharashtra, India
Andhra Paper Limited₹1,629.97 Cr (FY 2025)-14.0%Andhra Pradesh, India
Satia Industries Limitedthis company₹1,451.91 Cr (FY 2026)₹40.92 Cr2.8%-4.0%2,257Muktsar, Punjab, India
Bank Note Paper Mill India Private Limited₹1,401.91 Cr (FY 2025)12.0%Mysore, Karnataka, India
Kuantum Papers Limited₹1,113.12 Cr (FY 2025)-9.0%Saila Khurd, Punjab, India
Orient Paper and Industries Ltd.₹911.56 Cr (FY 2025)6.0%Bhubaneswar, Odisha, India

To see the full peer comparison of Satia Industries Limited, buy the company report.

Auditor

Satia Industries Limited is audited by N. Kumar Chhabra and Co for the financial year 2024.

Auditor firmFinancial yearFirm registration number
N. Kumar Chhabra and CoFY 202400837N

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 52.50%, foreign institutional investors hold 0.50%, domestic institutional investors hold 0.10% and retail and other public shareholders hold 46.90%.

Promoters: 52.50%DII (Domestic Institutional): 0.10%FII (Foreign Institutional): 0.50%Retail & Others: 46.90%
Sep 2026
QUARTER
52.50% Promoters
0.10% DII (Domestic Institutional)
0.50% FII (Foreign Institutional)
46.90% Retail & Others
Promoter holding - history
Now 52.50% · Sep 2026High 52.50% · Dec 2025Low 52.50% · Dec 2025
51%51.8%52.5%53.3%54%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 52.50%Mar 2026: 52.50%Jun 2026: 52.50%Sep 2026: 52.50%52.50%52.50%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters52.50%52.50%52.50%52.50%
Public47.50%47.50%47.50%47.50%

Charges & borrowings

Open charges
₹2,170.59 Cr
Satisfied charges
₹2,424.46 Cr
Breakdown by lending institutions
Others₹2,062.14 Cr
Hdfc Bank Limited₹108.45 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
23 Jan 2026101234095Hdfc Bank Limited₹100 CrOpen
17 Nov 2025101198772Others₹40 CrOpen
17 Feb 2025101058396Others₹604 CrOpen
17 Feb 2025101058952Others₹604 CrOpen
10 Feb 2025101050807Hdfc Bank Limited₹2.7 CrOpen

To see the full charge records of Satia Industries Limited, buy the company report.

Total charge records: 110 View all charges

Deals & funding

Satia Industries Limited has 12 deals on record (12 market trades); the latest was in December 2023.

Total deals
12
Market trades
12

Deals on record (5 of 12)

To see the full deal history of Satia Industries Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Satia Industries Limited was last rated by Indiarating on 27 Mar 2023.

Rating agencyRated onRating
Indiarating27 Mar 2023

To see the full credit ratings and regulatory alerts of Satia Industries Limited, buy the company report.

MSME payment delays

Satia Industries Limited has 5 MSME Form 1 returns on record between 2022 and 2024, listing 54 overdue payments to 49 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 49)

SupplierAmount dueDue sinceReported on
United Envirotech Private Limited
Mecgale Pneumatics Private Limited
an individual supplier
Westech Process Equipment India Private Limited
an individual supplier

To see the full MSME payment records of Satia Industries Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Satia Industries Limited has a workforce of 2,257 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
2,257
Active EPFO establishments
1
Employee growth
8.09%

GST

Satia Industries has 7 GST registrations: 5 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
7
Active
5
Cancelled / inactive
2
GSTINStateStatusRegistered on
03AACCS7233A1ZZPunjabActive01 Jul 2017
03AACCS7233A3ZXPunjabActive01 Apr 2025
07AACCS7233A1ZRDelhiActive01 Jul 2017
08AACCS7233A1ZPRajasthanActive01 Jul 2017

To see the full GST registrations and return filing status of Satia Industries Limited, buy the company report.

Recent activity

Satia Industries Limited has 43 board changes on record since 1980: 27 appointments and 16 cessations. The latest: Inderdev Singh ceased to be Director on 30 Sep 2025.

Charges
A charge registered on 11 Sep 2023 via Charge ID 100788013 with Axis Bank Limited was fully satisfied on 20 Apr 2026.
Charges
A charge registered on 13 Nov 2024 via Charge ID 101030798 with Others was fully satisfied on 10 Apr 2026.
Filing
Satia Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Chandigarh.
Charges
A charge registered on 11 Dec 2023 via Charge ID 100839000 with Hdfc Bank Limited was fully satisfied on 20 Mar 2026.
Charges
A charge registered on 16 Sep 2022 via Charge ID 100658556 with Hdfc Bank Limited was fully satisfied on 19 Mar 2026.
Charges
A charge registered on 03 Jun 2022 via Charge ID 100597436 with Hdfc Bank Limited was fully satisfied on 19 Mar 2026.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 101234095 was registered on 23 Jan 2026.
Charges
A charge registered on 14 Oct 2021 via Charge ID 100496681 with Others was fully satisfied on 13 Jan 2026.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101198772 was registered on 17 Nov 2025.
AGM
Satia Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Inderdev Singh ceased to be Director.
Appointed
Deepak Kumar Kakkar was appointed as Director.

253 earlier events are in the company report.

Frequently asked questions

Satia Industries is an active public limited company based in Muktsar, Punjab, India. The company works in paper and packaging products, within the manufacturing industry. It was incorporated on 26 November 1980 (46+ years old) and is registered under CIN L21012PB1980PLC004329. Listed on BSE: 539201 and NSE: SATIA.

Satia Industries reported revenue of ₹1,451.91 Cr for FY 2025-26 (down 4% YoY) based on standalone financials.

Satia Industries has 11 current directors:

The latest financial statements of Satia Industries on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Satia Industries is 03AACCS7233A1ZZ, registered in Punjab. The company has 7 GST registrations in all, of which 5 are active and 2 are cancelled or inactive. Other active GSTINs include 03AACCS7233A3ZX (Punjab), 07AACCS7233A1ZR (Delhi), 08AACCS7233A1ZP (Rajasthan).

The CIN (Corporate Identification Number) of Satia Industries is L21012PB1980PLC004329. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Satia Industries is a listed company as per MCA records. Its shares are listed on both BSE (code: 539201) and NSE (symbol: SATIA).

Satia Industries has 61 court cases on record: 27 filed by the company and 34 filed against it. 15 are pending. Most are in the high courts.

Satia Industries was incorporated on 26 November 1980, making it 46+ years old. It is registered with the Registrar of Companies, Chandigarh.

Satia Industries has 12 deals on record (12 market trades); the latest was in December 2023.

The peers of Satia Industries by revenue are Emami Paper Mills Limited, Seshasayee Paper and Boards Limited, N R Agarwal Industries Limited, Andhra Paper Limited, Bank Note Paper Mill India Private Limited and 2 more, all in the Manufacturing industry (Paper), with the same principal business activity (wood and wood products, furniture, paper and paper products).

Inderdev Singh ceased to be Director on 30 Sep 2025. Deepak Kumar Kakkar was appointed as Director on 11 Aug 2025. Vibhor Kapoor was appointed as Director on 11 Aug 2025. Satia Industries has 43 board changes on record in total.