Satia Industries Ltd
Incorporated in 1980, Satia Industries Limited (SIL), is one of the biggest and completely integrated Wood and Agro based paper manufacturers. Its products are extensively used in the printing of books, directories, envelopes, diaries, calendars, computer stationery, copy manufacture annual reports, etc. #
Key Clientele
Text book corporations across the nation accounts for 40% of company's revenues, the remaining revenue comes from Public sector & private sector companies. #
Its key clients include Bal Bharti, Assam Textbook corporation, Indian Railways, Himachal Pradesh board, West Benagal textbook corp, etc. #
Manufacturing Capabilities
The company owns its only manufacturing facility in Muktsar, Punjab with capacity to manufacture 1,05,000 TPA of paper & 28 MW capacity of co-gen power.# It has laid a CAPEX plan to increase capacity by 1,00,000 TPA for an amount of 500 crores which is expected to be commissioned by end of FY21. #
Geographical Presence
The company has a pan-India presence and generates revenues from 15 states. Uttar Pradesh accounts for majority of revenues at 18%, followed by Maharashtra (14%), Delhi (13%), Rajasthan (9%), Punjab (8%) & others. Export contributes ~10% of the revenues. The company has a base of 70 distributors with 3 branch offices across the nation. #
- Market Cap ₹ 822 Cr.
- Current Price ₹ 82.2
- High / Low ₹ 143 / 50.1
- Stock P/E 18.4
- Book Value ₹ 42.0
- Dividend Yield 0.18 %
- ROCE 22.9 %
- ROE 26.1 %
- Face Value ₹ 1.00
Pros
- Company has delivered good profit growth of 65.62% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.73%
Cons
- No cons found. Suggest something.
Quarterly Results
Figures in Rs. Crores
Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
195.62 | 180.06 | 186.60 | 173.21 | 198.54 | 224.46 | 203.88 | 201.24 | 179.06 | 125.11 | 147.93 | 142.60 | |
138.35 | 145.28 | 143.03 | 132.57 | 153.39 | 176.65 | 160.34 | 154.91 | 141.81 | 97.29 | 110.12 | 118.56 | |
Operating Profit | 57.27 | 34.78 | 43.57 | 40.64 | 45.15 | 47.81 | 43.54 | 46.33 | 37.25 | 27.82 | 37.81 | 24.04 |
OPM % | 29.28% | 19.32% | 23.35% | 23.46% | 22.74% | 21.30% | 21.36% | 23.02% | 20.80% | 22.24% | 25.56% | 16.86% |
Other Income | -10.31 | 5.75 | 3.31 | 2.64 | 2.74 | 4.96 | 6.66 | 2.38 | 1.19 | 2.49 | 0.44 | 0.20 |
Interest | 5.93 | 5.43 | 5.22 | 5.83 | 4.29 | 5.99 | 5.10 | 4.67 | 4.45 | 4.47 | 3.82 | 4.35 |
Depreciation | 11.59 | 11.10 | 11.20 | 12.65 | 12.79 | 13.06 | 13.21 | 13.12 | 15.23 | 12.34 | 15.21 | 15.33 |
Profit before tax | 29.44 | 24.00 | 30.46 | 24.80 | 30.81 | 33.72 | 31.89 | 30.92 | 18.76 | 13.50 | 19.22 | 4.56 |
Tax % | 30.20% | 21.96% | 21.01% | 33.63% | 7.50% | 21.53% | 21.48% | 21.44% | 14.45% | 13.78% | 30.59% | 19.30% |
Net Profit | 20.55 | 18.74 | 24.06 | 16.47 | 28.50 | 26.45 | 25.04 | 24.29 | 16.05 | 11.65 | 13.34 | 3.68 |
EPS in Rs | 2.06 | 1.87 | 2.41 | 1.65 | 2.85 | 2.64 | 2.50 | 2.43 | 1.60 | 1.16 | 1.33 | 0.37 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
210 | 259 | 320 | 238 | 278 | 381 | 392 | 433 | 540 | 631 | 738 | 809 | 595 | |
185 | 235 | 296 | 213 | 237 | 320 | 327 | 380 | 449 | 509 | 574 | 634 | 468 | |
Operating Profit | 25 | 24 | 24 | 25 | 41 | 61 | 65 | 54 | 91 | 122 | 164 | 175 | 127 |
OPM % | 12% | 9% | 8% | 11% | 15% | 16% | 17% | 12% | 17% | 19% | 22% | 22% | 21% |
Other Income | 3 | 5 | 5 | 3 | 3 | -9 | 4 | 15 | 21 | 30 | 14 | 15 | 4 |
Interest | 9 | 10 | 13 | 14 | 15 | 16 | 16 | 25 | 24 | 24 | 21 | 20 | 17 |
Depreciation | 6 | 8 | 9 | 9 | 10 | 27 | 53 | 33 | 40 | 45 | 48 | 55 | 58 |
Profit before tax | 14 | 11 | 7 | 5 | 19 | 11 | -0 | 10 | 48 | 83 | 110 | 115 | 56 |
Tax % | 38% | 34% | 30% | 20% | 27% | -28% | 39,300% | -30% | 4% | 18% | 20% | 20% | |
Net Profit | 8 | 7 | 5 | 4 | 14 | 14 | 8 | 13 | 46 | 69 | 88 | 92 | 45 |
EPS in Rs | 1.06 | 0.74 | 0.52 | 0.40 | 1.39 | 1.35 | 0.78 | 1.31 | 4.56 | 6.87 | 8.78 | 9.18 | 4.46 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 0% | 4% | 4% | 3% | 2% |
Compounded Sales Growth | |
---|---|
10 Years: | 12% |
5 Years: | 16% |
3 Years: | 14% |
TTM: | -28% |
Compounded Profit Growth | |
---|---|
10 Years: | 29% |
5 Years: | 66% |
3 Years: | 26% |
TTM: | -57% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 98% |
3 Years: | 60% |
1 Year: | -15% |
Return on Equity | |
---|---|
10 Years: | 25% |
5 Years: | 29% |
3 Years: | 31% |
Last Year: | 26% |
Balance Sheet
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 11 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | |
Reserves | 33 | 38 | 43 | 47 | 61 | 75 | 81 | 94 | 148 | 213 | 298 | 385 | 410 |
Borrowings | 85 | 127 | 85 | 95 | 82 | 176 | 267 | 310 | 204 | 201 | 206 | 272 | 278 |
61 | 90 | 116 | 115 | 122 | 57 | 49 | 45 | 133 | 159 | 147 | 178 | 259 | |
Total Liabilities | 186 | 266 | 254 | 267 | 276 | 318 | 407 | 460 | 496 | 582 | 660 | 845 | 957 |
103 | 125 | 126 | 123 | 163 | 156 | 204 | 250 | 291 | 312 | 383 | 376 | 406 | |
CWIP | 6 | 13 | 17 | 38 | 6 | 33 | 45 | 23 | 10 | 30 | 56 | 215 | 258 |
Investments | 0 | 5 | 6 | 7 | 11 | 11 | 7 | 7 | 3 | 3 | 3 | 3 | 3 |
77 | 123 | 105 | 99 | 95 | 117 | 151 | 180 | 192 | 237 | 218 | 251 | 290 | |
Total Assets | 186 | 266 | 254 | 267 | 276 | 318 | 407 | 460 | 496 | 582 | 660 | 845 | 957 |
Cash Flows
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
25 | 3 | 24 | 27 | 38 | 40 | 43 | 112 | 120 | 167 | 150 | ||
-25 | -35 | -15 | -27 | -22 | -114 | -60 | -60 | -84 | -145 | -206 | ||
1 | 33 | -10 | 0 | -15 | 75 | 17 | -53 | -34 | -23 | 57 | ||
Net Cash Flow | 2 | 2 | -0 | 0 | 1 | 1 | -1 | 0 | 1 | -1 | 1 |
Ratios
Figures in Rs. Crores
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 20% | 14% | 13% | 13% | 23% | 18% | 6% | 7% | 18% | 27% | 28% | 23% |
Debtor Days | 34 | 50 | 45 | 66 | 61 | 71 | 70 | 82 | 71 | 68 | 52 | 60 |
Inventory Turnover | 10.25 | 10.37 | 9.38 | 4.84 | 5.97 | 9.49 | 6.52 | 5.31 | 6.75 | 7.61 | 6.75 | 7.70 |
Documents
Add documentRecent announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 2d
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Feb
- Q3 & 9M FY21 - Earning Updates 13 Feb
- Unaudited Financial Result For The Quarter And Nine Months Ended, 31.12.2020 12 Feb
- Out Come Of Board Meeting Held On 12.02.2021 12 Feb
View all