Satia Industries Reports Declining Profits Amid Improved Debt-Equity Ratio in Q4 2024

Satia Industries, a microcap player in the Paper & Paper Products industry, has recently reported its financial results for the quarter ending December 2024. The evaluation changes reflect a notable shift in the company's score, which has moved to -17 from -23 over the past three months.
The financial data reveals several key trends for Satia Industries. On a positive note, the company's Debt-Equity Ratio has reached its lowest point in the last five half-yearly periods at 0.31 times, indicating a reduction in borrowing relative to equity capital. This suggests a strategic move towards a more conservative financial structure.

Conversely, the results also highlight significant challenges. Profit Before Tax (PBT) has shown a substantial decline, falling to Rs 6.75 crore, which represents a year-on-year decrease of 85.46%. Similarly, Profit After Tax (PAT) has decreased to Rs 19.80 crore, down 50.1% year-on-year. Additionally, net sales have contracted to Rs 375.83 crore, reflecting a 13.73% decline compared to the previous year. The company's reliance on non-operating income, which constitutes 47.06% of PBT, raises concerns about the sustainability of its business model. Furthermore, the Debtors Turnover Ratio has reached its lowest level at 9.46 times, indicating a slowdown in the pace of settling debts.

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