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Satia Industries Ltd - 539201 - Compliance Under Regulation 23(9) Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

In terms of Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements] Regulations, 2015, we hereby enclose the disclosure of Related Party Transactions in the format specified under SEBI Circular bearing reference no. SEBI/HO/CFD/CMDI/CIR/P/2021/662 dated November 22, 2021, for the Half Year ended on September 30, 2022.
01-11-2022
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Satia Industries Ltd - 539201 - Submission Of Audio/Video Recording Of Earnings Conference Call

Submission of Audio/Video Recording of Earnings Conference Call held on 31.10.2022 at 4.00 PM
01-11-2022
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Satia Industries Ltd - 539201 - Q2 & H1 FY 23- Earning Updates

Q2 & H1 FY 23- Earning Updates
28-10-2022
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Satia Industries Ltd - 539201 - Schedule Of Earning Call

Schedule of earning call enclosed
28-10-2022
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Q2FY23 Quarterly Result Announced for Satia Industries Ltd.

Paper manufacturing company Satia Industries announced Q2FY23 results: Revenue from operations increased by 146% on a YoY basis from Rs.1,867.7 million in Q2FY22 to Rs.4,592.8 million in Q2FY23, mainly driven by better product mix and higher sales realization. The EBITDA increased by 160% on a YoY basis from Rs.355.5 million in Q2FY22 to Rs.924.7 million in Q2FY23 led by higher sales volume and higher realizations in the products. Net profit stood at Rs.508.2million in Q2FY23, compared to Rs.202.7million in Q2FY22 Volume grew exponentially from 33090 MT in Q2 FY22 to 52000 MT in Q2 FY23 due to a rise in demand of premium products and the operationalization of PM4. EPS grew by 151% from Rs.2.03 in Q2FY22 to Rs.5.08 in Q2FY23. Return On Capital Employed for H1FY23 is 23.2% Return On Equity for H1FY23 is 25.9%. Commenting on the financial results, Executive Director Mr. Chirag Satia, said: “We are pleased to deliver an excellent quarter and fiscal in terms of volume as well as increased profits. The Revenue from Operations has increased by 10.1% in Q2 FY23 vis-à-vis Q1 FY23 mainly on the back of robust demand leading to higher sales volume with better realization. With the commitment and persistent efforts of the management and better utilisation of resources, we have recorded a growth in EBITDA margins by 338 bps in the current quarter as compared to the EBITDA margins in Q1 FY23. The Educational sector along with increased exports leads to the demand for paper across the nation and our strong association with the various State Textbook corporations provides us with a competitive edge. The current order book in hand stands at 55 days with an attractive price realization. Despite key raw materials like agro, wood chips, and waste paper (Indian) witnessing a significant rise in H1 FY23, our locational advantage of being in India's wheat belt has given us an edge over other players. This, along with cheap fuel from rice straw & other biomass, and strong backward integration from power to chemical requirements, aid in limiting the impact of macro headwinds and retaining relatively healthy margins for H1FY23. We are glad to share that with the successful commissioning of PM4, we have added 100,000 TPA to our installed capacity, taking our total installed capacity to 205,000 TPA. We have imported this machinery from France, and it is one of the most advanced paper machinery in India. We estimate our revenues to grow by more than 90% with an increase in profits for FY23” Result PDF
28-10-2022
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Satia Industries Ltd - 539201 - Un Audited Financial Result For The Quarter And Half Year Ended 30.09.2022

Un audited financial result for the quarter and half year ended 30.09.2022
28-10-2022
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Satia Industries Ltd - 539201 - Board Meeting Intimation for Board Meeting Of Satia Industries Limited

Satia Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/10/2022 ,inter alia, to consider and approve Pursuant to Regulation 29 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015, it is hereby informed that a Board Meeting of the Company will be held on Friday, the 28th October, 2022, inter-alia: 1. To consider and approve the Standalone Un-audited Financial Results of the Company for the Quarter and half yearly ended on 30th September, 2022 and other matters. It is also informed that the trading window shall re-open at 9:00 AM on November 01, 2022, in accordance with the "Code of Conduct for Prevention of Insider Trading" as adopted by the Company in compliance of SEBI (Prohibition of Insider Trading) Regulations, 2015.
18-10-2022
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