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Satia Industries Ltd - 539201 - Disclosure Under Regulation 7(2) Of SEBI(PIT) Regulations. 2015

Dr Ajay Satia (promoters) acquisition of Shares -Disclosurer Regulations 7(2) of SEBI (PIT0 Regulations, 2015
22-06-2023
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Satia Industries Ltd - 539201 - Disclosure Under Regulation 7(2) Of SEBI(PIT) Regulation, 2015

Disclosure under Regulation 7(2) of SEBI(PIT) Regulation, 2015
21-06-2023
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Satia Industries Ltd - 539201 - Disclosure Under Regulation 29 (2) Of SEBI (SAST) Regulations, 2011

Disclosure under Regulation 29 (2) of SEBI (SAST) Regulations, 2011
21-06-2023
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Satia Industries Ltd - 539201 - Information Under Regulation 29(2) Of SEBI(Takeover) Regulation, 2011

This is to inform you that Dr Ajay Satia (Promoter of Satia Industries Ltd) has purchased 150000 Equity shares of Satia Industries Ltd on 19.06.2023.
19-06-2023
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Satia Industries Ltd - 539201 - Compliances-Reg.24(A)-Annual Secretarial Compliance

Annual Secretarial Compliance Report of the Company issued by S. Parnami & Associates, Practicing Company Secretaries, for the Financial Year ended 31st March 2023, pursuant to Regulation 24A of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.
26-05-2023
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Q4FY23 Quarterly & FY23 Annual Result Announced for Satia Industries Ltd.

Paper & Paper Products company Satia Industries announced Q4FY23 & FY23 results: Q4FY23: Revenue from operations increased by 75% on YoY from Rs 2,970 million in Q4FY22 to Rs 5,206 million in Q4FY23 During the quarter, our gross profits have improved to 59.6% from 52.9% in Q3FY23 and 50.3% in Q4FY22 EBITDA increased by 136% on a YoY basis from Rs 576 million in Q4FY22 to Rs 1,362 million in Q4FY23 EBITDA Margin improved for the third consecutive quarter to 26.16% Net profit stood at Rs 463 million in Q4FY23, compared to Rs 296 million in Q4FY22, a growth of 56% YoY Volume grew exponentially from 42,785.12 MT in Q4FY22 to 53,428.06 MT in Q4FY23 due to a rise in demand for premium products and the operationalization of PM4 EPS for the quarter was Rs 4.63 as compared to Rs 2.96 in Q4FY22 FY23: Revenue for FY23 were Rs 18,837 million, a growth of 111% YoY FY23 EBITDA Rs 4118 million with margins of 21.9%, an increase of 112 bps from FY22 Net Profit was Rs 1922 million, a growth of 91% over FY22 For the full year, EPS was Rs 19.22 vs Rs 10.07 in FY22 During FY23, the company repaid term loans of Rs 1,094.02 million, out of which the company has prepaid term loans of Rs 86.80 million. Further, the company has prepaid Rs 263.80 million in April’23 For FY23, Satia Industries has declared an equity dividend of 40% Commenting on the financial results, Executive Director Chirag Satia, said: “We are delighted to report that our company has had an outstanding quarter and fiscal year in terms of revenue. The Revenue from Operations has increased by 75% in Q4 of FY23 vis-à-vis Q4 FY22 and by 111% in FY23 as compared to FY22. We also saw a growth in EBITDA by 136% in the last quarter on a YoY basis. Our exceptional results were achieved through a combination of factors like strong customer demand resulting in increased sales volume, improved pricing, and lower cost of materials. We are anticipating a healthy volume growth in the coming year as well considering our strong relationships with state boards and healthy demand outlook for Printing & Writing Papers. The management anticipates a 5% to 10% increase in paper production on a year-over-year basis. The company's strong order book position in the state's textbook segment provides massive revenue visibility in the medium term. The paper and packaging industry in India is experiencing rapid expansion and is poised for significant future growth, particularly with the increasing literacy rate. Also, the successful implementation of the NEP will be critical for our segment. If fully implemented, it has the potential to generate an additional demand that is almost equivalent to the annual demand we currently experience.” Result PDF
03-05-2023
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