Satia Industries Ltd

AGM Details

• Date and time: 30-09-2026, 10:30 AM to 11:00 AM.
• Mode: physical AGM with remote e-voting and ballots.
• Venue: Registered Office, Rupana, Muktsar, Punjab.
• Record date for voting rights: 23-09-2026.

Key Resolutions and Voting

• Resolution 1: adopt Audited financial statements for year ended 31-03-2026; passed.
• Resolution 2: declare final dividend of Rs 0.40 per share; passed.
• Resolution 3: appoint Chirag Satia as Executive Director on re-appointment; passed.
• Resolution 4: ratify remuneration to Cost Auditors; passed.

Governance and Appointments

• Directors: Chirag Satia re-appointed (Executive Director).
• Auditors: Cost Auditor remuneration ratified.

AGM details

• AGM held 30 September 2026 at 10:30 AM; physical meeting with remote voting; record date observed.

Key resolutions

• Adopt audited financial statements for the year ended March 31, 2026.
• Declare final dividend for FY 2025-26; 40% per equity share.
• Re-appoint executive director retiring by rotation.
• Ratify remuneration to cost auditors.

Voting results

• Resolution 1 passed by majority; one member opposed.
• Resolution 2 passed by majority; one member opposed.
• Resolution 3 passed; majority supported; some votes against.
• Resolution 4 passed; remuneration ratified.

Dividend

• Final dividend declared; 40% per share.

Director changes

• Executive director re-appointed; retires by rotation.

Auditors

• Cost auditor remuneration ratified.

Related party transactions

• No material related party transactions disclosed.

Other approvals

• No other material approvals reported.

Satia Industries Limited – Trading Window Closure from Oct 1, 2026; reopen on the third calendar day after the Board Meeting considering the financial results for the quarter ended Sept 30, 2026.

Satia Industries Ltd — Trading Window closed from October 1, 2026 and will reopen on the third calendar day after the Board Meeting in which the Financial Results for the Quarter ended September 30, 2026 will be considered

AGM schedule and AR access

• 45th AGM scheduled for 30 September 2026 at 10:30 AM IST.
• AGM at registered office in Punjab.
• Notice and Annual Report for FY2025-26 sent electronically to registered shareholders.
• If email IDs are not registered, web-links provided to access AR and AGM notice.
• AR and AGM notices accessible online via provided links.
• Regulatory relaxations under MCA/SEBI circulars referenced for AGM compliance.
• No financial results or capital actions disclosed in this filing.
• Signature by Company Secretary Rakesh Kumar Dhuria.

Overview

• Integrated wood and agro-based paper manufacturer; standalone ESG reporting for FY2025-26.

Key ESG Risks & Opportunities

• Energy management and renewable energy usage offer efficiency gains and cost reductions.
• Raw material sourcing risk due to wood/agro-residue supply; mitigated via supplier relationships.
• Climate/energy considerations require monitoring; actions include efficiency measures.
• Utilization of agricultural residues enables circular economy and reduced biomass demand.
• Sustainable product development and diversification (cups, virgin fiber products).
• Waste management requires effective handling; potential cost and efficiency improvements.
• Occupational health and safety management is essential; ongoing measures.

Governance & Policy Highlights

• CSR Committee chaired by independent director; governance includes ISO 9001/14001/45001.
• Zero-tolerance anti-corruption framework with Code of Conduct and Whistleblower policy.
• No external assurance; no material penalties reported.
• Policies publicly accessible via company policy page.

Social Responsibility & Workforce

• Total workforce: 672 permanent and 1,952 workers; female representation: 2.2% of permanent, 0.15% of workers.
• LTIFR: 0 for employees; 0.9 for workers; 5 total injuries; no fatalities.
• Board training: 100% of directors trained on ESG/governance; >95% of staff trained on OHS and sustainability.
• grievance mechanisms and whistleblower policy support worker welfare and safe workplace.

Environmental Performance

• Total energy use: 6,899.55 TJ; renewables 6,826.40 TJ; non-renewables 73.16 TJ.
• GHG emissions: Scope 1 31,547 tCO2e; Scope 2 6,327 tCO2e; intensity 0.00002216 tCO2e per turnover.
• Water withdrawals: surface water 5,773,111 kL; water intensity 0.000398 per turnover.
• Zero liquid discharge; treated effluent reused for irrigation; ISO certifications exist.
• Waste: total 3,116.22 tonnes; hazardous waste 3,038.46 tonnes; disposed via authorized channels.

Stakeholder Engagement & Complaints

• Key stakeholders: employees, investors, customers, suppliers, regulators, communities.
• Engagement channels include annual reports, investor meetings, and CSR programs.
• Customer complaints: 12 filed FY2025-26; all resolved; 32 filed in FY2024-25; all resolved.
• No identified special vulnerable groups; community CSR ongoing.

Other Notable Metrics

• Sustainable sourcing: 39.78% inputs from MSMEs; 77.91% from India.
• Related-party transactions: purchases 0.1%; sales 1.5%.
• No Green Credits; data privacy policy in place; no data breaches.
• PAT to Carbon Credit Trading Scheme transition; ongoing energy/emission reductions.
• No product recalls in FY2025-26.

Financial snapshot

• Revenue from operations: Rs 14,519 million in FY26.
• EBITDA: Rs 1,318 million; EBITDA margin 9.1%.
• PAT: Rs 409 million; PAT margin 2.8%.
• EPS: Rs 4.09; no change in basic/diluted EPS.
• Net debt to equity: 0.25x; gearing: 0.26x.
• CFO: Rs 23,349 lakh; CFI: Rs -25,547 lakh; CFF: Rs 2,237 lakh.
• Net cash from operating activities supported by working capital changes.
• Dividend: Board recommends final dividend of 40% for FY26.
• Total assets: Rs 15,578 million; shareholders’ funds: Rs 10,880 million.

Capacity and production

• Installed capacity now exceeds 200,000 MTPA.
• PM3 renovation and upgrading approved; completion targeted latest Sep 2026.
• PM4 upgrade completed earlier; enhances throughput and efficiency.
• Five additional cutlery machines installed, total 14.
• Utilised over 3.5 lakh tonnes of rice straw as fuel; cost and emissions benefits.
• Open-market paper grades and watermark paper remain core products.

Capital structure & liquidity

• Total borrowings Rs 29,821.57 lakh; long-term Rs 19,581.19 lakh; short-term Rs 10,240.38 lakh.
• Cash and cash equivalents Rs 2,654.70 lakh; net debt Rs 28,605.06 lakh.
• Equity Rs 108,801.92 lakh; gearing 0.26x.
• Cash flow: CFO Rs 23,349.09 lakh; investing outflow Rs 25,546.76 lakh; financing inflow Rs 2,236.62 lakh.

Governance & board

• Board: 11 directors; 4 Executive, 6 Independent, 1 Independent Woman Director.
• Statutory auditors: N. Kumar Chhabra & Co; Secretarial: S. Parnami & Associates.
• Four Board meetings held in FY26; Ind. Director Inder Dev Singh retired Sept 30, 2025.
• Independents: Deepak Kakkar and Vibhor Kapoor joined Aug 11, 2025.
• Audit, NRC, SRC, CSR and Risk Committees operate with defined Terms of Reference.

ESG and sustainability

• Sustainability governance aligned with BRSR; material topics include climate, water, circularity.
• Renewable energy share 98.94% of total energy consumption.
• CO2 utilisation in PCC plant: 213.74 million m3.
• GHG intensity down to 0.03187 tCO2e per MT; turnover-adjusted intensity 0.00045082.
• Water intensity: 26.67 m3/MT; waste intensity: 0.01439 MT/MT.
• Significant investments in wastewater treatment, sludge drying and carbon capture.

CSR & community

• CSR spend: Rs 373.38 lakh; CSR obligation Rs 314.48 lakh; excess Rs 16.74 lakh offset as prepaid.
• CSR committee: 3 members; meetings held as per policy.
• Focus areas: Education, Health, Rural development; 67.88% wages paid to rural workers.
• Procurement from MSMEs and small producers: 39.78% in FY26.

Outlook and risks

• Industry headwinds from low-cost imports; 6-7% domestic demand growth in India.
• Raw material volatility; agro-fibre and energy price fluctuations pose risk.
• West Asia conflict impacts fuel costs; currency risk affects imports of pulp/chemicals.
• PM3 ramp-up in FY27; PM4 and other capex to drive efficiency and growth.

Products and markets

• Paper division accounts for 99.58% of turnover; key grades: exercise book, Snow White, Maplitho, Copier.
• Export share: 6.38% of turnover; markets across India and 5 international locations.
• Pan-India distribution with 100+ dealers; branch offices in Delhi, Chandigarh, Jaipur.

Dividend & shareholder matters

• Final dividend proposed: 40% per share for FY25-26; tax deducted at source as applicable.
• Dividend distribution policy disclosed on company website.
• Unclaimed dividends and shares transferred to IEPF where applicable; actions advised for claim.