Satia Industries Ltd Share Price

Satia Industries Limited was incorporated on 26 November, 1980. The Company is among India's leading producers of wood and agro-based paper. The Company uses raw materials including wood chips, veneer waste, wheat straw, and sarkanda to create superior-quality writing and printing paper while its boilers are fired by rice husk and rice straw. With a strength of over 2,200 employees across offices and facilities, it has headquarters and manufacturing facility in Sri Muktsar Sahib, Punjab, with three branch offices in Delhi, Chandigarh, and Jaipur. With four paper machines, pulping equipment, a chemical recovery plant, and a power generation plant, it has a fully integrated manufacturing facility to meet industry demand. Additionally, SIL possesses 540 acres of eucalyptus plantations, created using Karnal Technology that help absorb all treated wastewater discharge, and guarantee future supplies of wood raw material. The Company has overall 205,000 MTPA of installed capacity. In 1989, the Company set up a second paper machine. It started production using a single paper machine with the capacity of 4,950 MT in 1984. The production crossed 10,000 MTPA in 1993. In 1998, third Paper machine was installed and 200 MTD pulp mill was installed. The Company installed 5 MW Power cogeneration plant in 2003. A Chemical Recovery Plant and a 5MW Power plant were installed in 2006. The power plant capacity was increased to 23.30 MW in 2011-12. A new Chemical Recovery plant of 400 tpd solids was installed along with Pulp Bleaching Plant in 2014-15. The Company raised fresh Long Term Loan of Rs 6993.10 lakhs for its various projects in progress during the year 2015. Additional Power generation capacity of 10.45 MW and new solar plant with a capacity of 2.29 MW were installed in 2016-17. The Company introduced solar capacity of 3.25 MW and achieved a production of 1,13,517 MT in 2017-18. It commenced commercial production from Paper Machine 4 (PM 4), having an installed capacity of 100,000 TPA in 2022 and the total installed capacity scaled up to 2,05,000 MT in FY 2023. The Company commissioned its 75 TPH multi fuel boiler in FY 2024.