Satia Industries Reports INR 14,519 Mn Revenues in FY26

Satia Industries Limited (SIL), one of the leading writing and printing paper manufacturer in India, announced its results for the fourth quarter ended March 31, 2026.

Key Highlights

- Revenue for Q4 FY26 grew 2% sequentially to INR 3,896 Mn from INR 3,803 Mn in Q3 FY26, reflecting a gradual improvement in NSR. However, for the FY26 the revenue declined by 4% to INR 14,159 Mn, reflecting headwinds the industry faced throughout the year.

- Gross margins improved sequentially during Q4FY26 at 48.0%. For FY26, gross margins were 48.6%.

- EBITDA for Q4 FY26 stood at INR 236 Mn as compared to INR 385 Mn in Q4 FY25, reflecting the impact of a challenging cost environment. For FY26, EBITDA margins were 9.1%. Margins contracted primarily due to elevated input and fuel costs, compounded by sustained pricing pressure stemming from increased dumping during the year.

- Net profit declined by 84% YoY at INR 58 Mn in Q4FY26, as compared to INR 280 Mn in Q4FY25. For FY26, Net profit was Rs 409 Mn.

Commenting on the financial results, Executive Director Mr. Chirag Satia, said: "The operating environment remained challenging during the quarter, with steady demand offset by continued pressure on input costs, particularly raw materials and fuel. Fuel costs stayed elevated due to ongoing geopolitical tensions and related supply disruptions, while import pressures persisted for most of the quarter before easing toward the end. These trends extended through the year, with sustained cost pressures reflecting the prolonged impact of global disruptions; however, moderation in imports during the second half provided some relief as we exited FY26.

Encouragingly, pricing began to firm up toward the end of the quarter, supported by reduced dumping and cost-led adjustments across global markets. We hope the benefits of these measures to positively flow through Q1 FY27.

The PM3 upgrade remains a key initiative to strengthen our operational backbone. It is aimed at improving throughput, enhancing efficiencies, and structurally lowering costs, including meaningful gains in fuel efficiency.

At the same time, we are scaling up our cutlery segment with the introduction of moulded product capabilities. This move further strengthen our shift towards sustainable packaging solutions and a richer product mix, positioning us well to capture emerging opportunities slowly but steadily.

Looking ahead, FY27 will be a transition year as we execute key operational and capacity expansion initiatives. While cost pressures may persist in the near term, improving realizations, easing imports and the benefits of ongoing initiatives are expected to support performance in the long run."

Shares of Satia Industries Limited was last trading in BSE at Rs. 63.92 as compared to the previous close of Rs. 64.25. The total number of shares traded during the day was 1245 in over 19 trades.

The stock hit an intraday high of Rs. 64.42 and intraday low of 63.89. The net turnover during the day was Rs. 80038.00.

Source : Equity Bulls

Keywords

SatiaIndustries INE170E01023 Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate