Satia Industries Limited has submitted its quarterly certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was forwarded to both BSE Limited and National Stock Exchange of India on April 07, 2026, through Company Secretary and Compliance Officer Rakesh Kumar Dhuria.

Regulatory Compliance Filing

The company submitted the mandatory certificate received from M/s Beetal Financial & Computer Services (P) Ltd, which serves as the Registrar and Share Transfer Agent. The filing ensures compliance with SEBI's depositories regulations that govern dematerialization processes and participant obligations.

Depository Confirmation Certificate

Beetal Financial & Computer Services (P) Ltd confirmed that securities received from Depository Participants for dematerialization during the quarter ended March 2026 were properly processed. The registrar verified that all securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are traded.

Process Compliance Verification

The certificate confirms adherence to key regulatory requirements including:

• Securities received for dematerialization were confirmed to depositories within prescribed timelines
• Security certificates were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within 15 days
• All dematerialization procedures followed SEBI guidelines and circulars

Previous Regulatory Disclosures

This filing follows the company's earlier disclosure confirming that its promoter group maintained clean shareholding without any encumbrances during Financial Year 2025-26. The promoter group, led by Chairman and Managing Director Ajay Kumar Satia, collectively holds 52.46% of the company's total share capital across seven entities with no pledges, liens, or other encumbrances reported.

Company Background

Satia Industries Limited operates as an ISO 9001, 14001 & 45001 certified manufacturer of quality writing, printing and specialty paper. The company maintains its registered office and mill at Village Rupana, Sri Muktsar Sahib, Punjab, with branch offices in New Delhi, Chandigarh, and Jaipur.

Satia Industries Limited has released its comprehensive investor presentation for February 2026, highlighting the company's financial performance and strategic developments during Q3FY26. The integrated paper manufacturer, established in 1984, continues to demonstrate operational resilience despite challenging market conditions in the Indian paper industry.

Q3FY26 Financial Performance

The company reported strong quarter-on-quarter growth in its core revenue metrics for Q3FY26. Revenue from operations reached ₹3,803 Mn, representing a significant 22% increase from Q2FY26's ₹3,111 Mn. However, on a year-over-year basis, revenue remained relatively stable with a modest 1% growth compared to Q3FY25's ₹3,758 Mn.

The company achieved profitability of ₹280 Mn in Q3FY26, a remarkable turnaround from the loss of ₹245 Mn recorded in Q2FY26. This represents a 42% year-over-year increase compared to Q3FY25's profit of ₹198 Mn.

Cutlery Business Expansion

Satia Industries has made significant strides in diversifying its product portfolio through strategic expansion of its tableware cutlery segment. The company added 5 new cutlery machines during the period, bringing the total number of cutlery units to 14. All machines are currently operating at 100% capacity, indicating strong market demand and operational efficiency.

Operational Infrastructure and Capacity

The company operates with a total installed capacity of over 2,00,000 MTPA across four paper machines. In FY22, Satia Industries commissioned its fourth state-of-the-art paper machinery with a capacity of 1,00,000 MTPA, significantly enhancing its production capabilities. The company maintains a completely integrated manufacturing setup including 100% in-house power generation and advanced effluent treatment facilities.

Satia Industries serves the market through a robust pan-India distribution network comprising 100+ dealers and three strategically located branch offices in Delhi, Chandigarh, and Jaipur. The company's regional sales distribution shows strong concentration in North India at 58%, followed by West (14%), East (13%), South (8%), with Central India and exports contributing 2% and 5% respectively.

Leadership Perspective and Market Outlook

Executive Director Mr. Chirag Satia acknowledged the challenging macro environment facing the Indian paper industry, citing elevated input costs, particularly wood, and continued influx of low-priced imports as key pressures on margins. However, he expressed confidence in the company's operational resilience and expects easing raw material prices and ongoing efficiency initiatives to support margin recovery in the coming periods.