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Last Updated on: 28 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Satia Industries Ltd

About the Company - Satia Industries Ltd

Satia Industries Ltd. is a Public Limited Listed company incorporated on 26/11/1980 and has its registered office in the State of Punjab, India. Company’s Corporate Identification Number(CIN) is L21012PB1980PLC004329 and registration number is 004329. Currently Company is involved in the business activities of Manufacture of printing, writing and photocopying paper ready for use. Company’s Total Operating Revenue is Rs. 890.93 Cr. and Equity Capital is Rs. 10.00 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Paper & Paper ProductsMalout - Muktsar Road, VPO. Rupana Muktsar Dist. Punjab 152032satiapaper@satiagroup.com
http://www.satiagroup.com
Management
NamePosition Held
Dr. Ajay SatiaChairman & Managing Director
Mr. R K BhandariJoint Managing Director
Mr. Chirag SatiaExecutive Director
Mr. Avinash Chander AhujaIndependent Director
Mr. Dinesh Chand SharmaIndependent Director
Mr. I D SinghIndependent Director
Mr. Ashok Kumar GuptaIndependent Director
Dr.(Mrs.) Priti Lal ShivhareIndependent Director
Mr. Vinod Kumar KathuriaIndependent Director
Mr. Hardev SinghDirector - Technical
Mr. Ajay VyasIndependent Director

Satia Industries Ltd. Share Price Update

Share PriceValue
Today₹126.05
Previous Day₹120.60

Basic Stock Data of Satia Industries Ltd

Market Cap 1,288 Cr.
Current Price 129
High / Low155/101
Stock P/E5.91
Book Value 85.3
Dividend Yield0.78 %
ROCE20.3 %
ROE30.0 %
Face Value 1.00

Data Source: screener.in

Competitors of Satia Industries Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Astron Paper & Board Mill Ltd 136 Cr. 29.240.9/18.1 33.50.00 %9.37 %14.0 % 10.0
Shrenik Ltd 67.3 Cr. 1.101.70/0.85 0.960.00 %1.56 %0.35 % 1.00
Seshasayee Paper & Boards Ltd (SESHAPAPER) 2,147 Cr. 340422/2206.47 2811.75 %36.5 %27.4 % 2.00
West Coast Paper Mills Ltd 4,356 Cr. 659815/4655.07 4481.52 %52.9 %44.8 % 2.00
Agio Paper & Industries Ltd 10.8 Cr. 6.706.70/2.80 2.090.00 %3.34 %% 10.0
Industry Average1,343.42 Cr207.202.31153.110.65%20.73%17.31%5.00

Satia Industries Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales148143173191187216297417459487521481373
Expenses110119126141151177239347366375384332287
Operating Profit38244650363958709311213614986
OPM %26%17%27%26%19%18%19%17%20%23%26%31%23%
Other Income00417127453336
Interest44545487981087
Depreciation151516181314203032321123333
Profit before tax19530292534353657731711251
Tax %31%19%29%25%17%14%16%17%11%12%-178%25%7%
Net Profit1342122202930305165468448
EPS in Rs1.330.372.092.192.032.892.963.025.086.484.638.424.79

Satia Industries Ltd Quarterly Chart

Agio Paper & Industries Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales2382783813924335406317388095878911,8801,811
Expenses2132373203273804495095746344517061,4691,347
Operating Profit254161655491122164175136185412464
OPM %11%15%16%17%12%17%19%22%22%23%21%22%26%
Other Income33-9415213014157261410
Interest14151616252424212018223533
Depreciation910275333404548555866207217
Profit before tax51911-010488311011567123184225
Tax %20%27%-28%39,300%-30%4%18%20%20%26%18%-5%
Net Profit414148134669889250101192218
EPS in Rs0.401.391.350.781.314.566.878.789.184.9610.0719.2221.80
Dividend Payout %0%0%0%13%0%4%4%3%2%2%2%1%

Satia Industries Ltd Profit & Loss Yearly Chart

Agio Paper & Industries Ltd Growth

Compounded Sales Growth
10 Years:21%
5 Years:24%
3 Years:32%
TTM:9%
Compounded Profit Growth
10 Years:30%
5 Years:23%
3 Years:28%
TTM:24%
Stock Price CAGR
10 Years:%
5 Years:17%
3 Years:15%
1 Year:10%
Return on Equity
10 Years:24%
5 Years:24%
3 Years:22%
Last Year:30%

Satia Industries Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10101010101010101010101010
Reserves4862768194148213298385435535723843
Borrowings9582176267310204201206272345443435425
Other Liabilities114121564945133159147178211249204164
Total Liabilities2672763184074604965826608451,0011,2371,3721,441
Fixed Assets123163156204250291312383371432814704759
CWIP38633452310305621531881138110
Investments711117733334777
Other Assets9995117151180192237218256248335524566
Total Assets2672763184074604965826608451,0011,2371,3721,441

Satia Industries Ltd Reserves and Borrowings Chart

Satia Industries Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 2738334043112120167150154160282
Cash from Investing Activity -27-22-50-114-60-60-84-145-206-224-202-194
Cash from Financing Activity 0-15187517-53-34-23576943-88
Net Cash Flow0111-101-11-10-1

Satia Industries Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days666171708271685260564437
Inventory Days1448259106994383775514713565
Days Payable14772576447457058558010245
Cash Conversion Cycle637173112134688171601237757
Working Capital Days837857818763645146647556
ROCE %13%22%18%6%7%18%27%28%23%12%16%20%

Satia Industries Ltd Financial Efficiency Indicators Chart

Satia Industries Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters51.79%51.79%51.79%51.79%51.79%51.79%51.79%51.79%51.79%52.46%52.46%52.46%
FIIs0.00%0.00%0.00%0.06%0.19%0.12%0.28%1.10%0.96%0.78%3.78%2.84%
DIIs0.00%0.23%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.10%0.08%
Public48.21%47.99%48.21%48.16%48.02%48.10%47.92%47.12%47.26%46.76%43.66%44.62%
No. of Shareholders4,1927,38717,18616,07518,13719,75622,17728,20028,37231,06143,86561,386

Satia Industries Ltd Shareholding Pattern Chart

No. of Satia Industries Ltd Shareholders

This stock is not held by any mutual fund

Satia Industries Ltd ROCE Trend

Satia Industries Ltd EPS Trend

Satia Industries Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue1.001.0010.0010.0010.00
Basic EPS (Rs.)19.2210.074.959.1887.77
Diluted EPS (Rs.)19.2210.074.959.1887.77
Cash EPS (Rs.)39.9316.43107.97146.46135.50
Book Value[Excl.RevalReserv]/Share (Rs.)73.3254.50445.35395.48307.57
Book Value[Incl.RevalReserv]/Share (Rs.)73.3254.50445.35395.48307.57
Dividend / Share (Rs.)0.400.201.001.502.50
Revenue From Operations / Share (Rs.)188.3789.09588.44808.64738.40
PBDIT / Share (Rs.)42.5820.71142.83190.12178.59
PBIT / Share (Rs.)21.8714.3584.41135.50130.85
PBT / Share (Rs.)18.3512.2766.83115.28110.08
Net Profit / Share (Rs.)19.2210.0749.5591.8487.77
PBDIT Margin (%)22.6023.2424.2723.5124.18
PBIT Margin (%)11.6016.1014.3416.7517.72
PBT Margin (%)9.7413.7611.3514.2514.90
Net Profit Margin (%)10.2011.298.4211.3511.88
Return on Networth / Equity (%)26.2118.4711.1223.2228.53
Return on Capital Employeed (%)20.3314.7610.4220.6726.00
Return On Assets (%)14.008.134.9410.8613.29
Long Term Debt / Equity (X)0.350.490.510.400.34
Total Debt / Equity (X)0.570.560.660.550.51
Asset Turnover Ratio (%)1.440.790.631.071.19
Current Ratio (X)1.471.241.251.301.34
Quick Ratio (X)0.780.540.610.870.76
Inventory Turnover Ratio (X)4.492.562.353.923.23
Dividend Payout Ratio (NP) (%)2.080.990.003.262.84
Dividend Payout Ratio (CP) (%)1.000.600.002.041.84
Earning Retention Ratio (%)97.9299.010.0096.7497.16
Cash Earning Retention Ratio (%)99.0099.400.0097.9698.16
Interest Coverage Ratio (X)12.109.948.139.408.60
Interest Coverage Ratio (Post Tax) (X)6.465.843.825.545.22
Enterprise Value (Cr.)1455.461319.37365.58269.89781.16
EV / Net Operating Revenue (X)0.771.480.620.331.06
EV / EBITDA (X)3.426.372.561.424.37
MarketCap / Net Operating Revenue (X)0.551.150.130.080.84
Retention Ratios (%)97.9199.000.0096.7397.15
Price / BV (X)1.441.880.180.162.04
Price / Net Operating Revenue (X)0.551.150.130.080.84
EarningsYield0.180.090.601.370.14

Satia Industries Ltd Profitability Ratios (%)

Satia Industries Ltd Liquidity Ratios

Satia Industries Ltd Liquidity Ratios (%)

Satia Industries Ltd Interest Coverage Ratios (X)

Satia Industries Ltd Valuation Ratios

Fair Value / Intrinsic Value of Satia Industries Ltd

Fair Value: ₹152.42

The stock is undervalued by 18.15% compared to the current price ₹129

*Investments are subject to market risks

Strength and Weakness of Agio Paper & Industries Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 17.50%, which is a positive sign.
  2. The company has higher reserves (303.15 cr) compared to borrowings (266.23 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (455.38 cr) and profit (76.92 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 114.97 and average Dividend Yield of 15.30%.
  2. The stock has a high average Working Capital Days of 67.08, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 82.50, which may not be favorable.

Should I Buy Satia Industries Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Satia Industries Ltd:
    1. Net Profit Margin: 10.20%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 20.33% (Industry Average ROCE: 17.19%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 6.46
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 0.78
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E: 5.96 (Industry average Stock P/E: 7.79)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: 0.57
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Satia Industries Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE