Satia Industries Posts Q1 FY27 Results; Revenue Stands at INR 3,618 Mn
Punjab, 14 August 2026 — Satia Industries Limited (SIL), a leading writing and printing paper manufacturer in India, announced its results for the first quarter of Fiscal Year 2027, which ended on June 30, 2026. The company reported revenue from operations at INR 3,618 Mn.The Q1 FY27 results showed a decline in top-line figures compared to previous periods. Revenue stood at INR 3,618 Mn, marking a 2% year-on-year (YoY) decrease from the INR 3,709 Mn recorded in Q1 FY26 and a 7% sequential drop from INR 3,896 Mn in Q4 FY26.
Despite the revenue decline, gross margins improved sequentially to 50.9% in Q1FY27, up from 48.0% in Q4FY26, which was attributed to better pricing realizations during the quarter. EBITDA for Q1 FY27 reached INR 508 Mn, compared to INR 632 Mn in Q1 FY26 and INR 236 Mn in Q4 FY26. The EBITDA margin settled at 14.0%, showing a significant improvement of 800 basis points (bps) sequentially, driven by higher realizations and moderated import dumping activity.
The company reported a net loss of INR 171 Mn in the quarter. This contrasts sharply with a PAT of INR 316 Mn achieved in Q1 FY26 and INR 58 Mn in Q4 FY26. The net loss was attributed to a one-time, non-cash deferred tax charge resulting from the transition to the concessional tax regime, a situation which does not reflect any corresponding cash outflow or deterioration in operating performance.
Key financial metrics for Satia Industries Limited across various periods are summarized below:
| Financial Particulars (in Rs Mn) | Q1 FY27 | Q1 FY26 | YoY Change | Q4 FY26 | QoQ Change |
|---|---|---|---|---|---|
| Revenue from Operations | 3,618 | 3,709 | -2% | 3,896 | -7% |
| EBITDA | 508 | 632 | -20% | 236 | 116% |
| EBITDA Margin (%) | 14.0% | 17.0% | -300 bps | 6.0% | 799 bps |
| PAT | -171 | 316 | -154% | 58 | -395% |
| PAT Margin (%) | -4.7% | 8.5% | -1325 bps | 1.5% | -622 bps |
One of the operational factors impacting the quarter was the planned shutdown of PM3, which commenced on June 1, 2026.
Commenting on the results, Executive Director Mr. Chirag Satia stated that demand remained steady throughout the period, and realizations improved due to moderation in import dumping. He noted that geopolitical developments continued to influence global trade flows and logistics, creating a dynamic operating environment.
Mr. Satia highlighted that the company is undergoing a major modernization and upgradation program for Paper Machine 3 as part of ongoing investments in manufacturing capabilities. This refurbishment work is expected to continue for four to five months and, upon completion, aims to enhance production capacity, improve product quality, and strengthen operational efficiencies. The moulded cutlery business continued to operate during the quarter as part of the company’s sustainable packaging portfolio.
SATIA Stock Price Movement
Shares of Satia Industries Limited slipped by 0.95% today, settling at ₹59.88 in post-market trading. The stock saw a trading range between ₹59.25 and ₹62 amid 87,134 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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