Sunflag Iron & Steel Co. Ltd.

Sunflag Iron & Steel Co. Ltd.

SUNFLAGNSE / BSEMaterialsSmall Cap

₹392.50-₹14.20 (-3.5%)

Last close · Data as of Oct 30, 2026

Market cap
₹4,631 Cr
P/E
23.1x
EV / EBITDA
13.2x
Revenue
₹3,536 Cr
Net margin
4.2%
ROCE
6.4%

+44.3% over the last year

Sunflag Iron & Steel Co. Ltd. price, 1Y

Daily closes.

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Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools

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Performance

Price change over each period, before dividends.

1M
-13.7%
3M
+9.7%
6M
+34.4%
1Y
+44.3%
5Y
+386.1%

52-week range

Day change -₹14.20 (-3.5%) from ₹407 to ₹393 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in SUNFLAG, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong short-term liquidity — current ratio of 4.62x

Concerns1

  • Low return on equity of 2.8%

Rule-based from financial data. Not advice.

About the company

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India and internationally. The company offers super alloys, tool steels, SSR 550, spring steels, free cutting steels, forging steels, forging ingots, microalloyed steels, engine value steels, cold forging steels, and bearing steels.

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Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India and internationally. The company offers super alloys, tool steels, SSR 550, spring steels, free cutting steels, forging steels, forging ingots, microalloyed steels, engine value steels, cold forging steels, and bearing steels. It also provides flat steel, round bars and coils, rolled bars and wires, round cornered squares, and hexagonal steel products. The company's products are used for automobile, general engineering, machinery, projects, railway, defence, and construction applications. It exports its products to South East Asian, North American and South American Countries, South Africa, the European Union, Japan, Taiwan, Australia, Switzerland, the United Kingdom, and Ireland. Sunflag Iron and Steel Company Limited was incorporated in 1984 and is headquartered in Nagpur, India.

Sector
Materials
Shares outstanding
18.0 Cr shares
ISIN
INE947A01014
BSE code
500404

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹4,631 Cr
P/E
23.1x
P/B
0.5x
EV / EBITDA
13.2x
EV / Sales
1.5x
P/S
1.4x
Earnings yield
4.3%
52-week high
₹474.65
52-week low
₹193.95

Profitability

Operating margin
11.0%
Net margin
4.2%
EBITDA margin
11.2%
ROE
2.8%
ROCE
6.4%
ROA
2.0%
Dividend payout
0.0%
Tax rate
22.0%
Other income, % of PBT
3.3%

Growth

Revenue
₹3,536 Cr
Revenue growth, 1Y
3.5%
Revenue CAGR, 5Y
14.2%
EBITDA
₹381 Cr
EBITDA growth, 1Y
-76.9%
Net profit growth, 1Y
14.1%
Net profit CAGR, 5Y
8.8%
Cash from operations
₹244 Cr
CFO growth, 1Y
-12.2%
Free cash flow
-₹93.0 Cr
Asset growth, 1Y
42.2%

Solvency and efficiency

Current ratio
4.62
Debt / Equity
0.14
Debt / Assets
0.10
Debt / EBITDA
1.90
Interest coverage
3.87
Financial leverage
1.36
CFO / Net profit
1.72
Cash / Market cap
34.0%
Cash per share
₹87.29
Asset turnover
0.49
Fixed asset turnover
2.24
Capital intensity
0.45
Debtor days
37 days
Inventory turnover
2.66
Cash conversion cycle
88 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹5 was left as net profit.

Sunflag Iron & Steel Co. Ltd. income statement flow, FY2025
Sunflag Iron & Steel Co. Ltd. income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹3,147 Cr
SalesOperating profit₹389 Cr
Operating profitInterest₹90 Cr
Operating profitDepreciation₹104 Cr
Operating profitProfit before tax₹195 Cr
Other incomeProfit before tax₹16 Cr
Profit before taxTax and other₹49 Cr
Profit before taxNet profit₹162 Cr

Revenue and net profit

Revenue grew 3.5% in FY2025; net profit is the dashed line.

Sunflag Iron & Steel Co. Ltd. revenue and net profit by fiscal year
Sunflag Iron & Steel Co. Ltd. revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹1,892 Cr₹134 Cr
FY2022₹2,698 Cr₹216 Cr
FY2023₹3,488 Cr₹1,114 Cr
FY2024₹3,415 Cr₹142 Cr
FY2025₹3,536 Cr₹162 Cr

Cash flows

FY2025: ₹187 Cr from operations, ₹100 Cr free after investment (dashed).

Sunflag Iron & Steel Co. Ltd. operating and free cash flow by fiscal year
Sunflag Iron & Steel Co. Ltd. operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹223 Cr₹163 Cr
FY2022₹43 Cr-₹292 Cr
FY2023₹278 Cr₹59 Cr
FY2024₹244 Cr₹161 Cr
FY2025₹187 Cr₹100 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹3,536 Cr+3.5%1Y
Net profit
₹162 Cr+14.1%1Y
Cash from operations
₹187 Cr
Free cash flow
₹100 Cr-37.9%1Y
Revenue CAGR, 5Y
14.2%
EBITDA CAGR, 5Y
15.9%
Net profit CAGR, 5Y
8.8%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹3,536 Cr₹389 Cr—₹162 Cr₹187 Cr₹100 Cr1.9%+3.5%+14.1%

Monthly returns

Month-by-month returns of SUNFLAG across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹11,165 Cr
Equity capital₹180 Cr
Reserves₹8,570 Cr
Borrowings₹620 Cr
Other liabilities₹1,795 Cr
Assets₹11,165 Cr
Fixed assets₹1,483 Cr
Capital work in progress₹274 Cr
Investments₹7,784 Cr
Other assets₹1,624 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. Epigral Limited₹5,017 Cr
  2. Rallis India Ltd₹4,860 Cr
  3. Sunflag Iron & Steel Co. Ltd. (this company)₹4,631 Cr

P/E against peers

SUNFLAG trades at 23.1x earnings against a peer median of 35.5x (a 35% discount).

Not shown (no positive earnings and no EV / Sales): Chemplast Sanmar Limited.

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
Sunflag Iron & Steel Co. Ltd.SUNFLAGthis companyP/E ↓ discount₹4,631 Cr23.1x0.5x2.8%13.2x
Epigral LimitedEPIGRAL₹5,017 Cr12.5x2.4x15.6%12.1x
Rallis India LtdRALLIS₹4,860 Cr28.5x2.3x8.1%14.2x
Bansal Wire Industries LimitedBANSALWIRE₹4,697 Cr36.7x3.8x19.2%39.2x
Rain Industries LimitedRAIN₹4,689 Cr188.0x5.1x——
TANFAC Industries Ltd.TANFAC₹4,590 Cr48.8x13.5x22.6%57.7x
Chemplast Sanmar LimitedCHEMPLASTS₹4,386 Cr—1.1x-2.7%-282.9x
Electrosteel Castings Ltd.ELECTCAST₹4,347 Cr8.5x0.8x14.7%4.4x
Pondy Oxides & Chemicals LimitedPOCL₹4,229 Cr43.9x6.1x11.3%54.6x
Peer median—35.5x3.7x12.9%19.2x

Year-to-date ROI

SUNFLAG since 1 January, against earlier years.

Historical volatility

SUNFLAG's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

Sunflag Iron & Steel Co. Ltd. operating margin by fiscal year
Sunflag Iron & Steel Co. Ltd. operating margin by fiscal year
DateOperating margin
FY202113.0%
FY202215.0%
FY202313.0%
FY202411.0%
FY202511.0%
LineFY2025
RevenueSales₹3,536 Cr
Costs
Interest₹90 Cr
Expenses₹3,146 Cr
Profit before tax₹211 Cr

Learn while you research

Academy chapters picked for Sunflag Iron & Steel Co. Ltd. and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  4. 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  5. 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
  6. 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read
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