Sunflag Iron & Steel Company Ltd

Sunflag Iron & Steel Company Ltd

₹ 348 -2.46%
10 Jun 12:35 p.m.
About

Sunflag Iron & Steel Company Ltd was established in 1984 & is a part of Sunflag Group, company started operations in 1989 as a spring steel producer however, at present the company manufactures mild-steel and alloy steel products of varieties like carbon steel, free & semi free cutting steels,etc. [1]

Key Points

Product Portfolio
Products include rolled products, billet/bloom, ingots, bright Bars, etc. of varied shapes and size ranges. It is a reputed supplier of flat bars, round bars, bright bars, and wire rods for alloy, spring, ball-bearing, and stainless steel. [1] [2]

  • Market Cap 6,271 Cr.
  • Current Price 348
  • High / Low 428 / 192
  • Stock P/E 30.4
  • Book Value 492
  • Dividend Yield 0.21 %
  • ROCE 4.05 %
  • ROE 2.34 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.73 times its book value
  • Market value of investments Rs.7,724 Cr. is more than the Market Cap Rs.6,311 Cr.

Cons

  • Company has a low return on equity of 2.55% over last 3 years.
  • Dividend payout has been low at 5.78% of profits over last 3 years

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
837 784 858 854 919 895 866 892 883 1,023 973 942 1,001
740 704 759 757 820 815 767 781 783 903 872 810 877
Operating Profit 97 80 99 97 99 80 99 111 100 120 101 132 124
OPM % 12% 10% 12% 11% 11% 9% 11% 12% 11% 12% 10% 14% 12%
2 2 1 1 2 3 8 3 3 9 2 -7 3
Interest 27 24 23 26 24 21 25 22 22 21 17 17 18
Depreciation 21 26 26 26 26 26 26 26 26 27 27 31 28
Profit before tax 50 33 51 47 51 35 56 66 55 81 59 77 81
Tax % 21% 23% 25% 23% 17% 21% 26% 23% 22% 24% 23% 24% 58%
40 25 38 36 42 28 41 50 43 62 46 59 34
EPS in Rs 2.22 1.40 2.14 1.99 2.34 1.53 2.27 2.80 2.37 3.44 2.53 3.28 1.88
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1,640 1,524 1,456 2,018 2,186 1,758 1,892 2,698 3,488 3,415 3,536 3,939
1,471 1,346 1,311 1,782 1,948 1,588 1,644 2,300 3,043 3,040 3,146 3,463
Operating Profit 169 178 145 237 238 171 247 398 446 375 389 477
OPM % 10% 12% 10% 12% 11% 10% 13% 15% 13% 11% 11% 12%
5 9 8 17 11 11 11 5 1,200 6 16 8
Interest 71 65 35 35 39 41 29 42 81 97 90 72
Depreciation 51 36 33 34 38 46 70 76 81 103 104 113
Profit before tax 52 87 85 184 172 94 159 284 1,484 181 211 299
Tax % 53% 34% 23% 30% 36% 2% 16% 24% 25% 22% 24% 33%
24 57 65 129 111 93 134 216 1,114 142 162 201
EPS in Rs 1.35 3.15 3.62 7.14 6.14 5.14 7.41 12.01 61.83 7.86 8.98 11.13
Dividend Payout % 0% 0% 0% 7% 8% 0% 0% 0% 0% 0% 8% 9%
Compounded Sales Growth
10 Years: 10%
5 Years: 16%
3 Years: 4%
TTM: 11%
Compounded Profit Growth
10 Years: 14%
5 Years: 9%
3 Years: -3%
TTM: 28%
Stock Price CAGR
10 Years: 30%
5 Years: 34%
3 Years: 33%
1 Year: 28%
Return on Equity
10 Years: 5%
5 Years: 4%
3 Years: 3%
Last Year: 2%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 180 180 180 180 180 180 180 180 180 180 180 180
Reserves 403 463 528 657 760 1,206 1,341 1,556 3,148 4,968 8,570 8,685
417 246 326 337 348 382 264 582 605 722 620 520
331 353 340 387 475 636 587 754 989 1,130 1,795 1,894
Total Liabilities 1,332 1,243 1,374 1,561 1,763 2,404 2,371 3,072 4,923 7,001 11,165 11,279
570 542 511 513 535 1,145 1,188 1,250 1,590 1,523 1,483 1,575
CWIP 3 4 46 108 179 210 150 350 170 258 274 201
Investments 8 10 12 12 14 14 14 14 1,722 3,647 7,784 7,695
751 687 806 929 1,035 1,035 1,020 1,458 1,441 1,573 1,624 1,808
Total Assets 1,332 1,243 1,374 1,561 1,763 2,404 2,371 3,072 4,923 7,001 11,165 11,279

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
78 236 -21 95 177 208 223 43 278 244 187 390
-4 -13 -28 -92 -142 -126 -60 -335 -219 -83 -87 -122
-71 -213 60 -25 -38 -79 -151 289 -63 21 -193 -188
Net Cash Flow 3 10 11 -21 -3 4 12 -3 -4 182 -93 81
Free Cash Flow 74 224 -52 -2 45 67 170 -295 109 119 107 262
CFO/OP 52% 143% -2% 63% 99% 136% 110% 29% 141% 85% 64% 98%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 42 53 62 55 48 46 41 37 33 37 37 31
Inventory Days 140 129 166 130 147 190 164 186 142 137 154 144
Days Payable 70 64 59 57 71 106 80 102 93 87 79 80
Cash Conversion Cycle 112 118 169 128 124 130 124 122 83 88 112 95
Working Capital Days 30 38 44 51 46 62 77 54 40 23 37 30
ROCE % 13% 16% 12% 20% 17% 9% 11% 16% 12% 6% 4% 4%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Production Volume - Pig Iron (Hot Metal)
Metric Tons (MT)

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Production Volume - Rolled Products (Finished Steel)
Metric Tons (MT)
Production Volume - Sponge Iron
Metric Tons (MT)
Installed Capacity - Rolled Products
MTPA

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
51.16% 51.16% 51.16% 51.16% 51.16% 51.16% 51.16% 51.16% 51.16% 51.16% 51.16% 51.16%
0.73% 0.96% 0.93% 0.80% 0.86% 0.89% 0.60% 0.48% 0.60% 0.64% 0.47% 0.54%
0.05% 0.04% 0.08% 0.10% 0.10% 0.12% 0.13% 0.14% 0.18% 0.18% 0.17% 0.04%
48.07% 47.84% 47.83% 47.95% 47.87% 47.82% 48.10% 48.21% 48.06% 48.01% 48.22% 48.27%
No. of Shareholders 60,13666,89767,61266,39265,35966,81165,54263,59663,23164,00356,63156,098

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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