Sunflag Iron & Steel Company Ltd
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]
- Market Cap ₹ 3,814 Cr.
- Current Price ₹ 212
- High / Low ₹ 275 / 159
- Stock P/E 26.2
- Book Value ₹ 287
- Dividend Yield 0.00 %
- ROCE 5.69 %
- ROE 3.37 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.74 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.92% 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.
Peer comparison
Sector: Steel Industry: Steel - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,521 | 1,470 | 1,640 | 1,524 | 1,456 | 2,018 | 2,186 | 1,758 | 1,892 | 2,698 | 3,488 | 3,415 | 3,526 | |
1,402 | 1,323 | 1,471 | 1,346 | 1,311 | 1,782 | 1,949 | 1,588 | 1,638 | 2,300 | 3,043 | 3,040 | 3,152 | |
Operating Profit | 118 | 147 | 169 | 178 | 145 | 237 | 237 | 170 | 254 | 398 | 446 | 375 | 374 |
OPM % | 8% | 10% | 10% | 12% | 10% | 12% | 11% | 10% | 13% | 15% | 13% | 11% | 11% |
8 | 5 | 5 | 9 | 8 | 17 | 11 | 11 | 11 | 5 | 1,201 | 8 | 8 | |
Interest | 82 | 73 | 71 | 65 | 35 | 35 | 39 | 41 | 29 | 42 | 81 | 97 | 94 |
Depreciation | 56 | 61 | 51 | 36 | 33 | 34 | 38 | 46 | 70 | 76 | 81 | 103 | 103 |
Profit before tax | -12 | 18 | 52 | 86 | 85 | 184 | 172 | 94 | 166 | 285 | 1,485 | 183 | 184 |
Tax % | 0% | -18% | 53% | 35% | 23% | 30% | 36% | 2% | 15% | 24% | 25% | 22% | |
-12 | 22 | 24 | 56 | 65 | 129 | 110 | 92 | 141 | 217 | 1,115 | 144 | 146 | |
EPS in Rs | -0.77 | 1.34 | 1.35 | 3.12 | 3.62 | 7.14 | 6.12 | 5.11 | 7.80 | 12.04 | 61.89 | 7.96 | 8.08 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 7% | 8% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 9% |
3 Years: | 22% |
TTM: | 4% |
Compounded Profit Growth | |
---|---|
10 Years: | 21% |
5 Years: | 5% |
3 Years: | 1% |
TTM: | -34% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 53% |
3 Years: | 37% |
1 Year: | 10% |
Return on Equity | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 167 | 167 | 185 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 | 180 |
Reserves | 319 | 341 | 403 | 463 | 529 | 657 | 760 | 1,205 | 1,353 | 1,569 | 3,162 | 4,984 |
506 | 477 | 421 | 250 | 330 | 341 | 352 | 387 | 268 | 587 | 609 | 727 | |
377 | 330 | 333 | 355 | 342 | 389 | 477 | 637 | 588 | 755 | 991 | 1,132 | |
Total Liabilities | 1,368 | 1,314 | 1,342 | 1,248 | 1,381 | 1,566 | 1,769 | 2,409 | 2,389 | 3,091 | 4,942 | 7,022 |
620 | 586 | 572 | 543 | 513 | 515 | 537 | 1,147 | 1,190 | 1,252 | 1,591 | 1,525 | |
CWIP | 58 | 37 | 29 | 26 | 69 | 130 | 202 | 233 | 173 | 373 | 193 | 281 |
Investments | 4 | 4 | 4 | 7 | 9 | 9 | 12 | 11 | 16 | 17 | 1,726 | 3,642 |
686 | 686 | 736 | 671 | 791 | 913 | 1,019 | 1,019 | 1,011 | 1,449 | 1,432 | 1,574 | |
Total Assets | 1,368 | 1,314 | 1,342 | 1,248 | 1,381 | 1,566 | 1,769 | 2,409 | 2,389 | 3,091 | 4,942 | 7,022 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
239 | 107 | 78 | 236 | -18 | 117 | 177 | 209 | 223 | 43 | 278 | 244 | |
-54 | -7 | -4 | -13 | -33 | -97 | -141 | -125 | -60 | -335 | -219 | -83 | |
-185 | -103 | -71 | -213 | 60 | -41 | -39 | -79 | -151 | 289 | -63 | 21 | |
Net Cash Flow | -0 | -3 | 3 | 10 | 10 | -20 | -3 | 5 | 12 | -3 | -4 | 182 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 37 | 52 | 42 | 53 | 62 | 55 | 48 | 46 | 41 | 37 | 33 | 37 |
Inventory Days | 124 | 130 | 140 | 129 | 166 | 130 | 147 | 190 | 164 | 186 | 142 | 137 |
Days Payable | 91 | 82 | 70 | 64 | 59 | 57 | 71 | 106 | 80 | 102 | 93 | 87 |
Cash Conversion Cycle | 70 | 100 | 112 | 118 | 169 | 128 | 124 | 130 | 124 | 122 | 83 | 88 |
Working Capital Days | 59 | 71 | 74 | 65 | 110 | 91 | 90 | 90 | 92 | 100 | 58 | 67 |
ROCE % | 7% | 9% | 12% | 16% | 12% | 20% | 17% | 9% | 11% | 16% | 12% | 6% |
Documents
Announcements
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
28 Sep - Voting results of 38th AGM held on 27th September 2024.
- Shareholder Meeting / Postal Ballot-Outcome of AGM 27 Sep
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Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
26 Sep - Disclosure of lost share certificates and issuance of duplicates.
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Closure of Trading Window
26 Sep - Closure of trading window until financial results announcement.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 6 Sep
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Product Portfolio
The product range of SISCL includes Rolled products, Billet/Bloom, Ingots, Bright Bars, etc. of varied shapes and size ranges. These products are mainly used for manufacturing Automotive Transmission Gears, Drive Shafts, Steering Systems, Bearings, Exhaust Systems, and other Engine Components. [1]