Satia Industries Limited reported a 66% decline in net profit to ₹409 Mn for the fiscal year ended March 31, 2026, down from ₹1,186 Mn in the previous year. Revenue from operations decreased by 4% to ₹14,519 Mn from ₹15,120 Mn in FY25, impacted by elevated input and fuel costs and sustained pricing pressure from increased dumping. For the quarter ended March 31, 2026, net profit stood at ₹58 Mn, a sharp drop of 84% from ₹354 Mn in the corresponding quarter of the previous year, while revenue fell marginally to ₹3,896 Mn.

The board approved the audited financial results on May 23, 2026. EBITDA for the year contracted by 51% to ₹1,318 Mn, with EBITDA margins narrowing to 9.1% from 17.9% in FY25. The company faced an exceptional item charge of ₹67 Mn related to the statutory impact of new Labour Codes during the year. Earnings per share (EPS) for the year stood at ₹4.09, compared to ₹11.86 in the previous year.

The audited financial results were published in the Financial Express and Punjabi Jagran on May 24, 2026. The company submitted the newspaper cuttings to the BSE Limited and National Stock Exchange of India Ltd on May 27, 2026, pursuant to Regulation 33 read with Regulation 47(1) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Financial Performance

The statutory auditors issued an audit report with an unmodified opinion on the financial results. The following table summarises the annual financial performance:

Q4 Performance

The quarter ended March 31, 2026 reflected continued pressure on profitability. Q4 revenue came in at ₹3,896 Mn against ₹3,967 Mn in the year-ago quarter. EBITDA for the quarter declined to ₹236 Mn from ₹615 Mn in the corresponding quarter of the previous year, with EBITDA margin contracting to 6.0% from 15.5% year-on-year. The key Q4 metrics are summarised below:

Segment and Operational Updates

Satia Industries operates across three segments: Paper, Co-generation Division, and Agriculture. The Paper segment reported revenue of ₹14,459 Mn for the year, while the Co-generation Division contributed ₹2,882 Mn. The Agriculture segment generated ₹60 Mn in revenue for the year ended March 31, 2026. The company highlighted that it added five more cutlery machines during the year, taking the total to 14 units, and is preparing to add new machinery for moulding cups expected to start production from Q2 FY27.

Dividend and Appointments

The Board of Directors recommended a final dividend of ₹0.40 per share, or 40%, on equity shares of face value ₹1 each for the financial year ended March 31, 2026, subject to shareholder approval. Additionally, the board appointed M/s Moore Singhi, Chartered Accountants, Noida, as the Internal Auditor of the company for the year 2026-27.

Satia Industries Limited will temporarily shut down Paper Machine-3 (PM-3) at its factory site in VPO: Rupana, Malout Muktsar Road, District Muktsar, Punjab for approximately five months. The shutdown is intended to facilitate the upgradation and modernisation of the machine to enhance operational capabilities. The company stated that the other paper machines and the broader plant will continue to operate as usual during this period to minimize the impact on overall production.

The intimation was made to the stock exchanges pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rakesh Kumar Dhuria, Company Secretary, signed the disclosure on May 25, 2026.

Operational Details

The following table outlines the key details regarding the temporary shutdown:

Satia Industries Limited has assured stakeholders that it will inform the stock exchanges promptly once the operations at Paper Machine-3 resume following the completion of the upgradation and modernisation work.