---
title: "Sati Poly Plast Ltd (SATIPOLY) — Share Price, Financials & Analysis"
symbol: "SATIPOLY"
company: "Sati Poly Plast Ltd"
canonical: "https://tapetide.com/stocks/SATIPOLY"
isin: "INE0RPM01017"
nse_symbol: "SATIPOLY"
sector: "Industrials"
industry: "Industrial Products"
market_cap_cr: 19.19
generated_at: "2026-09-13T18:56:33.626Z"
---

# Sati Poly Plast Ltd (SATIPOLY)

Canonical page: https://tapetide.com/stocks/SATIPOLY

## Company

- **NSE Symbol:** SATIPOLY
- **ISIN:** INE0RPM01017
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2024-07-22
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** satipolyplast.in

## About

Incorporated in 1999, Sati Poly Plast Ltd manufactures plastic packaging materials.[1]

## Latest Price

- **Price:** ₹38.8
- **Change:** -2 (-4.9%)
- **Open:** ₹39.05
- **Day High:** ₹39.05
- **Day Low:** ₹38.8
- **Previous Close:** ₹40.8
- **Volume:** 1500
- **As Of:** 2026-09-11T05:16:50+00:00

## Key Fundamentals

Observed at 2026-09-11T04:44:37.343238Z.

- **Market Cap:** ₹19.19 Cr
- **Classification:** SME
- **P/E (reported):** 5.8
- **Book Value:** ₹39.65
- **Price to Book:** 1.03
- **Dividend Yield:** 0%
- **ROE:** -65.3%
- **ROCE:** -56.87%
- **Debt to Equity:** 0.6
- **Revenue (yearly):** ₹273.32 Cr
- **Net Income:** ₹4.99 Cr
- **EBITDA:** ₹7.29 Cr
- **52-Week High:** ₹81
- **52-Week Low:** ₹27.15
- **RSI (14):** 49.96

## Tapetide Score

- **Score:** 50 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 47.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 39.55 | 9% |
| growth | 22.9 | 9% |
| momentum | 25.03 | 12% |
| ownership | 50 | 24% |
| quality | 63.35 | 22% |
| valuation | 80.61 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.98 times its book value
- Company has a good return on equity (ROE) track record: 3 Years ROE 53.1%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -253.83% | -526.37% | -317.38% |
| ebitda margin growth | -15.79% | -49.53% | -47.95% | -5.67% |
| net income growth | -20% | -147.08% | 5% | 84% |
| revenue growth | -4.03% | -9.47% | 13% | 17% |
| roce | — | -357.33% | -289.95% | 3.27% |
| roe | — | -344.48% | 13.03% | 115.37% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 76 | 104 | 146 | 156 | 166 | 107 |
| Expenses | 72 | 98 | 139 | 147 | 164 | 102 |
| Operating Profit | 3 | 6 | 7 | 9 | 2 | 5 |
| OPM % | 4.4 | 6 | 4.8 | 6 | 1.3 | 4.7 |
| Other Income | 0 | 0 | 0 | -25 | 0 | 0 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 1 | 2 | 2 | 1 | 1 | 1 |
| Profit before tax | 1 | 3 | 5 | -19 | 1 | 4 |
| Tax % | 30 | 24 | 25 | -25 | 25 | 32 |
| Net Profit | 1 | 2 | 4 | -14 | 1 | 3 |
| EPS in Rs | 1.97 | 6.09 | 7.2 | -28.52 | 1.66 | 5.32 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 103 | 126 | 175 | 191 | 179 | 302 | 273 |
| Expenses | 99 | 122 | 170 | 182 | 170 | 286 | 266 |
| Operating Profit | 3 | 4 | 5 | 9 | 9 | 16 | 7 |
| OPM % | 3.2 | 3.2 | 2.8 | 4.5 | 5 | 5 | 2.7 |
| Other Income | 1 | 0 | 0 | 0 | 0 | -25 | 1 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 1 |
| Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 1 |
| Profit before tax | 0 | 0 | 0 | 4 | 4 | -14 | 5 |
| Tax % | -77 | -40 | 29 | 25 | 26 | -25 | 31 |
| Net Profit | 0 | 0 | 0 | 3 | 3 | -11 | 3 |
| EPS in Rs | -3.76 | -16.92 | 26.32 | 290.41 | 7.81 | -21.33 | 6.97 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 1 | 1 | 4 | 5 | 5 |
| Reserves | 0 | 0 | 0 | 3 | 9 | 11 | 15 |
| Borrowings | 26 | 26 | 24 | 26 | 22 | 15 | 12 |
| Other Liabilities | 8 | 11 | 11 | 12 | 22 | 30 | 43 |
| Total Liabilities | 36 | 38 | 36 | 42 | 56 | 61 | 75 |
| Fixed Assets | 13 | 13 | 12 | 11 | 14 | 6 | 5 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 22 | 25 | 24 | 31 | 42 | 55 | 70 |
| Total Assets | 36 | 38 | 36 | 42 | 56 | 61 | 75 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | 6 | 3 | 3 | 9 | -13 | 4 |
| Cash from Investing Activity | — | -2 | -2 | -2 | -5 | 5 | 0 |
| Cash from Financing Activity | — | -2 | -4 | -1 | -1 | 6 | -5 |
| Net Cash Flow | — | 2 | -3 | 0 | 2 | -2 | 0 |
| Free Cash Flow | — | 4 | 2 | 1 | 3 | -8 | 4 |
| CFO/OP | — | 151 | 75 | 49 | 106 | -76 | 61 |

### Ratios

| Item | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 24 | 21 | 16 | 10 | 25 | 31 | 35 |
| Inventory Days | 59 | 46 | 34 | 49 | 62 | 24 | 45 |
| Days Payable | 34 | 29 | 21 | 16 | 46 | 39 | 62 |
| Cash Conversion Cycle | 48 | 38 | 29 | 43 | 42 | 16 | 18 |
| Working Capital Days | 29 | 13 | 4 | 13 | 23 | 13 | 18 |
| ROCE % | — | 5 | 8 | 22 | 20 | 39 | 20 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- |
| Promoters | 63.01% | 63.01% | 63.01% | 63.01% |
| FIIs | 8.27% | 7.05% | 4.98% | 3.47% |
| DIIs | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% |
| Public | 20.55% | 22.91% | 24.25% | 26.1% |
| Others | 8.17% | 7.03% | 7.76% | 7.42% |
| No. of Shareholders | 716 | 534 | 620 | 640 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 7 / 11

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 40.05 | Sell |
| EMA (10) | 40.06 | Sell |
| SMA (20) | 42.48 | Sell |
| EMA (20) | 40.75 | Sell |
| SMA (50) | 38.93 | Sell |
| EMA (50) | 40.01 | Sell |
| SMA (100) | 36.75 | Buy |
| EMA (100) | 41.24 | Sell |
| SMA (200) | 48.3 | Sell |
| EMA (200) | 51.7 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.83 | Neutral |
| MACD (12,26,9) | -0.39 | Sell |
| Stochastic (14,3,3) | 27.25 | Neutral |
| ADX (14) | 16.77 | Neutral |
| Williams %R (14) | -77.85 | Neutral |
| ATR (14) | 1.89 | High Volatility |
| ROC (12) | -9.24 | Sell |
| Stoch RSI (14) | 25.52 | Neutral |
| UO (7,14,28) | 43.52 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 February 2026 - Trial production started 01.02.2026 at leased Dholpur plant (800 tpm); INR25 crore insurance claim under survey. | [General Updates 9 February 2026 - Trial production started 01.02.2026 at leased Dholpur plant (800 tpm); INR25 crore insurance claim under survey.](https://nsearchives.nseindia.com/corporate/SATI_09022026213528_Update_About_Business_Operations-09022026.pdf) |
| 9 February 2026 - Board approved leased 35,000 sq.ft Rajasthan plant (800 tpm), lease 01.02.2026–31.12.2026, rent INR100,000/month; insurance claim update. | [Outcome of Board Meeting 9 February 2026 - Board approved leased 35,000 sq.ft Rajasthan plant (800 tpm), lease 01.02.2026–31.12.2026, rent INR100,000/month; insurance claim update.](https://nsearchives.nseindia.com/corporate/SATI_09022026214239_Outcome_Letter-09022026R.pdf) |
| 9 February 2026 - Approved 11-month lease for Rajasthan plant (800 tpm), rent INR100,000/month; trial production 01.02.2026; insurance claim pending. | [Outcome of Board Meeting 9 February 2026 - Approved 11-month lease for Rajasthan plant (800 tpm), rent INR100,000/month; trial production 01.02.2026; insurance claim pending.](https://nsearchives.nseindia.com/corporate/SATI_09022026173640_Outcome_Letter-09022026.pdf) |
| 5 Sep - Board approved AGM on 30 Sep 2026 and related-party transactions up to ₹200 crore sale, ₹150 crore purchase. | [Outcome of Board Meeting 5 Sep - Board approved AGM on 30 Sep 2026 and related-party transactions up to ₹200 crore sale, ₹150 crore purchase.](https://nsearchives.nseindia.com/corporate/SATI_05092026155849_OutcomeLetter-05-09-2026_F.pdf) |
| 5 Sep - Annual report filed; 27th AGM on 30 Sept 2026 seeks Osho Tradeflex RPT approval up to ₹200 crore. | [Updates 5 Sep - Annual report filed; 27th AGM on 30 Sept 2026 seeks Osho Tradeflex RPT approval up to ₹200 crore.](https://nsearchives.nseindia.com/corporate/SATI_05092026161946_Submission_of_Annual_Report-F.pdf) |
| 5 Sep - 27th AGM on Sep 30, 2026; seeks approval for ₹200 crore related-party transactions and director reappointment. | [Shareholders meeting 5 Sep - 27th AGM on Sep 30, 2026; seeks approval for ₹200 crore related-party transactions and director reappointment.](https://nsearchives.nseindia.com/corporate/SATI_05092026161021_Submission_of_AGM_Notice-F.pdf) |
| 4 February 2026 - Trading window closed from Feb 4, 2026 until 48 hours post Board meeting on Feb 9, 2026. | [Trading Window 4 February 2026 - Trading window closed from Feb 4, 2026 until 48 hours post Board meeting on Feb 9, 2026.](https://nsearchives.nseindia.com/corporate/SATI_04022026180340_Closure_of_Trading_Window-Feb_2026.pdf) |
| 30 May - Company states Annual Secretarial Compliance Report is not applicable for FY ended March 31, 2026. | [Updates 30 May - Company states Annual Secretarial Compliance Report is not applicable for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/SATI_30052026173254_Non-Applicability_of_ASCR-Intimation_S.pdf) |
| 30 May - Board approved audited standalone results for FY26; net profit ₹345.32 lakh and unmodified audit opinion. | [Outcome of Board Meeting 30 May - Board approved audited standalone results for FY26; net profit ₹345.32 lakh and unmodified audit opinion.](https://nsearchives.nseindia.com/corporate/SATI_30052026173032_Outcomeletter_Financials30_05_26_F_S.pdf) |
| 29 Jul - Regulation 74(5) certificate submitted for quarter ended June 30, 2026. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 29 Jul - Regulation 74(5) certificate submitted for quarter ended June 30, 2026.](https://nsearchives.nseindia.com/corporate/SATI_29072026001047_Certificate_under_Regulation_74_5_-S.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31524_SATIPOLY_2025_2026_A_1962400_05092026155632.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28794_SATIPOLY_2024_2025_A_5345124_06092025175217.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:56:33.626Z.