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Satia Industries Ltd Q3 FY25 Results

SATIAQ3 FY25 Results
Filing
MetricValue ( Cr)vs Q2 FY25
Revenue375.8310.5%
Total Income381.8311.6%
Expenditure369.088.2%
PBT12.75918.4%
Net Profit19.8060.6%
OPM-10.51%3.28pp
NPM5.19%1.59pp
EPS1.9861.0%
View full financials

Satia Industries Ltd Reports INR 3,758 Mn Revenues in Q3FY25, Anticipates Sequential Improvement in Q4FY25

12 Feb 2025 · 12 Feb 2025, 05:08 pm

Summary

Satia Industries Ltd, a leading writing and printing paper manufacturer in India, announced its Q3FY25 results with INR 3,758 Mn in revenues, a 10% QoQ growth but a 14% YoY decline. The gross margins compressed from 55.2% in Q3FY24 to 49.2% in Q3FY25. EBITDA improved to INR 530 Mn in Q3FY25 as compared to INR 451 Mn in Q2FY25. Net profit stood at INR 198 Mn in Q3FY25, vs INR 123 Mn in Q2FY25 and INR 396 Mn in Q3FY24. The company reported a steady volume growth of 1.4% YoY for 9MFY25 and anticipates a sequential improvement in market conditions in Q4FY25.

Key Highlights

  1. 1

    Revenue of INR 3,758 Mn in Q3FY25, a QoQ growth of 10% but a YoY decline of 14%

  2. 2

    Gross margins compressed from 55.2% in Q3FY24 to 49.2% in Q3FY25

  3. 3

    EBITDA improved to INR 530 Mn in Q3FY25 as compared to INR 451 Mn in Q2FY25

  4. 4

    Steady volume growth of 1.4% YoY for 9MFY25

  5. 5

    Anticipated sequential improvement in market conditions in Q4FY25

Management Comments

M

Mr. Chirag Satia

Executive Director

Despite challenges like soft demand, price pressure, and increased imports, we are still carrying a healthy order book for over one month production. Margins were negatively affected by lower prices though market has slightly started looking up with seasonal demand and with slight improvement in prices coupled with reduced fuel cost, we anticipate a sequential improvement in market conditions in Q4FY25. PM3 renovation project is progressing smoothly and is likely to be completed in the next financial year and is expected to increase production capacity once completed. New soda recovery boiler project is also underway to introduce latest technology and efficiency in the Soda recovery operations. Our cutlery business is going smooth and we plan to add 10 more Moulding machines in addition to existing 4 machines. New capacity is likely to be commissioned by the end this financial year. We hope to contribute towards environment protection by providing a viable alternative solution to use of plastic.

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