MoneyWorks4Me

Sunflag Iron And Steel Company Ltd (SUNFLAG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500404 NSE: SUNFLAG Steel & Iron Products | Small Cap | Sunflag Iron & Steel Share Price

₹410.95 14.55 (3.67%)

As on 25-Sep'26 16:59

Sunflag Iron And Steel Company Ltd (SUNFLAG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500404 NSE: SUNFLAG Steel & Iron Products | Small Cap | Sunflag Iron & Steel Share Price

₹410.95 14.55 (3.67%)

As on 25-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹7,406 Cr.
Current Price
₹411
52-Week Low / High
₹192 / 428
TTM EPS
₹11.4
TTM Sales
₹3,995 Cr.
Book Value per Share
₹477.6
P/E Ratio
35.99
Higher than its 5-year historical median
Industry PE
25.1
Price to Book (P/B)
0.86
Higher than its 5-year historical median
Price to Sales (P/S)
1.85
Higher than its 5-year historical median
EV/EBITDA
15.48
Higher than its 5-year historical median
Dividend Yield
0.24%
Profitability Efficiency
Return on Equity (ROE)
2.38%
Underperforms industry median
Return on Capital Employed (ROCE)
4.14%
Underperforms industry median
Return on Assets (ROA)
1.80%
Operating Profit Margin
12.2%
Net Profit Margin
5.14%
Gross Profit Margin
10.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
11.42%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
22.48%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
24.86%
Asset Quality
Promoter Holding
51.16%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹8,427 Cr.
Equity
₹180.2 Cr.
Face Value
₹10
All Time Low / High
₹1.60 / 427.90

Sunflag Iron And Steel Company stock performance

Key Ratios
mw4me loader

Check Before You Invest

Quality

Somewhat Good

Valuation

Overvalued

Price Trend

Strong
Q.1 Is Sunflag Iron And Steel Company Ltd a good quality company?
Sunflag Iron And Steel Company Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Sunflag Iron And Steel Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sunflag Iron And Steel Company Ltd vs industry peers?
Sunflag Iron And Steel Company Ltd revenue CAGR is 15.80%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sunflag Iron And Steel Company Ltd?
Promoters hold 51.16% of the Sunflag Iron And Steel Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sunflag Iron And Steel Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 28.4% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Sunflag Iron And Steel Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ12.5%19.9%17.1%10.3%13.8%19.8%57.7%6.2%4.2%4.1%-
Value Creation
Index ⓘ
-0.10.40.2-0.30.00.43.1-0.6-0.7-0.7-

Growth Parameters ⓘ

Sales ⓘ1,5162,0742,1861,7581,8922,6983,4883,4153,5363,9393,995
Sales YoY Gr.-36.8%5.4%-19.6%7.6%42.7%29.3%-2.1%3.5%11.4%-
Adj EPS ⓘ3.67.165.17.612.215.87.99.211.611.2
YoY Gr.-95.1%-15.8%-15.6%50.7%60.7%29.3%-50.2%16.8%26.6%-
BVPS (₹) ⓘ39.346.452.256.864.977.6164265.9466.8473.7477.2
Adj Net
Profit ⓘ
65.612810891.1137220285142166210203
Cash Flow from Ops. ⓘ-21.494.817720822343.2278244192390-
Debt/CF from Ops. ⓘ-15.23.621.60.912.122.731.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ11.2%15.8%4.1%11.4%
Adj EPS ⓘ13.8%8.9%-9.7%26.6%
BVPSⓘ31.9%48.8%42.4%1.5%
Share Price 28.9% 39.1% 27.3% 59.7%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
9.716.612.17.89.413.511.33.42.42.42.4
Op. Profit
Mgn % ⓘ
9.711.410.99.713.514.913.11111.212.211.9
Net Profit
Mgn % ⓘ
4.36.24.95.27.38.28.24.24.75.35.1
Debt to
Equity ⓘ
0.50.40.40.30.20.40.20.10.10.1-
Working Cap
Days ⓘ
14413815219618415713913813913776
Cash Conv.
Cycle ⓘ
1019310011892848194968924

Valuation of Sunflag Iron & Steel - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales1,5162,0742,1861,7581,8922,6983,4883,4153,5363,939
Operating Expenses ⓘ + 1,3711,8381,9481,5871,6382,3013,0433,0403,1463,463
Manufacturing Costs254327357313233429546550627625
Material Costs8621,2191,3731,0791,2101,6412,2242,2152,2082,481
Employee Cost 94103102979298108121137151
Other Costs ⓘ 16118911799102133165155174205
Operating Profit ⓘ 146237238171254397446375389477
Operating Profit Margin (%) 9.6%11.4%10.9%9.7%13.4%14.7%12.8%11.0%11.0%12.1%
Other Income ⓘ + 8171111116761716
Exceptional Items ⓘ 0000001,19300-9
Interest ⓘ 35353941294281979072
Depreciation ⓘ 33343846707681103104113
Profit Before Tax ⓘ 85184172941652841,484181212301
Tax ⓘ 20556222568370405098
Profit After Tax 66129111931402161,114142162202
PAT Margin (%) 4.3%6.2%5.1%5.3%7.4%8.0%32.0%4.2%4.6%5.1%
Adjusted EPS (₹)3.67.16.15.17.812.061.98.09.011.2
Dividend Payout Ratio (%)0%7%8.20%0%0%0%0%0%8.30%8.90%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7098379401,3851,5331,7493,3425,1648,7668,873
Share Capital ⓘ 180.22180.22180.22180.22180.22180.22180.22180.22180.22180.22
Reserves ⓘ 5296577601,2051,3531,5693,1624,9848,5868,692
Debt +313308318267165467421557448363
Long Term Debt48875512413419338226316561
Short Term Debt2652212641433127439295282302
Minority Interest1111222222
Trade Payables141189267315266457564525478547
Others Liabilities ⓘ 2172312424404244166147741,4931,509
Total Liabilities ⓘ 1,3811,5661,7692,4092,3893,0914,9427,02211,18711,292

Fixed Assets

Net Fixed Assets ⓘ +5135155371,1471,1901,2521,5911,5251,4851,577
Gross Block1,3071,3331,3922,0471,3061,4451,8651,9011,9652,163
Accumulated Depreciation795819855901117193273376481586
CWIP ⓘ 69130202233173373193281297214
Investments ⓘ 99121116171,7263,6427,7797,692
Inventories391433552563544837866833931976
Trade Receivables249302286222210276315346362339
Cash Equivalents 775559537168118253158230
Others Assets ⓘ 73123122181186268133142175264
Total Assets ⓘ 1,3811,5661,7692,4092,3893,0914,9427,02211,18711,292
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + -1811717720922343278244192390
PBT ⓘ 85185172941652841,484181212301
Adjustment ⓘ 6974838398121-1,033196186174
Changes in Working Capital ⓘ -152-86-20567-288176-58-151-7
Tax Paid ⓘ -20-55-58-23-48-74-349-75-55-78
Cash Flow From Investing Activity ⓘ + -33-97-141-125-60-335-219-83-91-122
Capex -31-97-131-142-54-339-168-125-88-128
Net Investments -20-1010-120-5537-19-10
Others ⓘ 000763461516
Cash Flow From Financing Activity ⓘ + 60-41-39-79-151289-6321-194-188
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ -1439-3295-677255-134-87-115
Interest Paid ⓘ -35-35-39-37-23-36-75-91-85-69
Dividend Paid ⓘ 00-9-900000-13
Others ⓘ 110-4541-128-122248-243247-2210
Net Cash Flow ⓘ 10-20-3512-3-4182-9381
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)9.716.6512.459.4412.7316.6950.883.642.452.38
ROCE (%)12.4619.8217.0910.2714.2219.6157.366.184.174.14
Asset Turnover Ratio1.291.441.340.870.80.990.890.590.40.36
PAT to CFO Conversion(x)-0.270.911.592.251.590.20.251.721.191.93
Working Capital Days
Receivable Days5047.2048.1050.704132.7030.3034.5035.4031.60
Inventory Days75.2070.7080.60111.40105.1092.7087.3088.5088.1085.90
Payable Days38.8036.2041.9065.3072.1063.9050.2041.8039.1038.50

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sunflag Iron And Steel Company Ltd FAQs

The current trading price of Sunflag Iron & Steel on 25-Sep-2026 16:59 is ₹410.9.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Sep-2026 the market cap of Sunflag Iron & Steel stood at ₹7,406.1 Cr

The latest P/E ratio of Sunflag Iron & Steel as of 24-Sep-2026 is 36.56.

The latest P/B ratio of Sunflag Iron & Steel as of 24-Sep-2026 is 0.86.

The 52-week high of Sunflag Iron & Steel is ₹427.9 and the 52-week low is ₹191.8.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sunflag Iron & Steel is ₹3,995 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Sunflag Iron And Steel Company Ltd is a average quality company.

The key valuation ratios of Sunflag Iron And Steel Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Sunflag Iron And Steel Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Sunflag Iron And Steel Company Ltd

Sunflag Iron and Steel Company is a prestigious unit of the Sun Flag Group incepted in 1989. It has set up a state-of-art integrated plant at Bhandara, India. The plant has a capacity to produce 200,000 tonnes per annum of high quality special steel using iron ore and non coking coal as basic inputs.

The plant comprises a 1,50,000 tonnes per annum Direct Reduction Plant, to produce sponge iron for captive consumption in the Steel Melting Shop. This shop comprises a 50/60 tonnes ultra high power Electric Are Furnace with Eccentric bottom arrangement; a Ladle auto mould level controller and electromagnetic stirrer. The billets produced at the steel melting shop are rolled at the Mannesmann Demag Designed ultra modern 18 stand Continous mill.This mill has a walking hearth reheating furnace, quick roll-changing facilities, a 65 metres long walk and wait type modern cooling bed and above all computerised process control linking and controlling the various stages.

Within a short period of its inception, Sunflag Steel has established itself as a major global force. This modern complex pulsating with world-class technology, expert human resources and a commitment to excellence, has created a distinct niche in spring steel and attained the position of market leader in the segment. Today Sunflag Steel has also embarked on an export thrust and is regularly receiving prestigious orders from Japan and many other Far East, Afro-Asian and Middle-East countries.

The ASM commenced production in the year 1997, enabling Sunflag to expand its product range upto 90 mm dia Rounds; 75 mm RCS and upto 120x25 mm Flats. Production capacity of rolled product is also enchanced by 60, 000 MT. per annum. In order to save energy, a captive power plant of 15 MW capacity has already been comissioned using waste gases.

In 2010 Company  entered into a technological pact with Japanese steel firm Daido Steel.

Product range of the company:

Sunflag Steel is accredited with the ISO-9002 Quality mark, backed up with sound management practices and a highly motivated team. It is a small wonder the Sunflag products are exported to a number of countries.

  • Flats - Spring steel that goes into the automobile and railway suspension. The grades include Silico Manganese, Chrome, Vanadium steel. In   specifications like: DIN, SAE/AISI, BS The sizes from 44 mm wide to 120 mm wide; and 5mm  to 25mm thick.
  • Rounds- In carbon, free-cutting, spring and alloy steels. In specifications like: DIN, SAE/AISI, BS et cetera. In sizes from 15 mm to 90 mm in diameter. For the forging, automobile, spring industries.
  • Round Cornered Squares (RCS)- In carbon, free-cutting and alloy steels. In specifications like: DIN, SAE/AISI, BS et cetera. In sizes from 45x45 mm to 90x90 mm. For the forging, automobile industries.

Production Units:

Sunflag Steel uses the (Sponge iron + Liquid Pig Iron)--Electric arc furnace--Ladle heating furnace--New Continuous casting machine--Rolling mills route, backed up by the state-of-the-art technology and computerized process control.

  • Sintering Plant (SINTER)-  A 33 M2 sinter plant, designed by Beijing Sino-Steel industry & trade Group Corp.(SSIT) and Jiangsu Province Metallurgical Designing Institute (JSMDI) Co. Ltd. The technology of it is based on principle of economical, applicable safe and operational. The annual production is expected to be 4,70,000 Tonnes.  
  • Mini Blast Furnace (MBF)- A Blast furnace of working volume 350 M3 designed by MECON Ltd. to produce 2,30,000 MT / annum of basic grade hot metal has been installed and sucessfully commissioned. The hot metal is mainly used in the steel melting shop as a raw material and surplus hot metal poured in pig casting machine. The Pig casting machine is designed by KBS Paramount & capacity 800 Tonnes per day (TPD). The Blast furnace gas is used for stoves heating, heating of preheating furnace of bar and section mill, heating of boiler, sinter plant. Slag which is a byproduct is mainly sold to cement plants.  
  • Direct Reduction Plant (DRP)- Based on Krupp's Codir process. The DRP can produce 150,000 tones per year of Sponge iron from iron ore and coal. Additionally, the flue gases help generate 30 MW of electric power.
You have 49 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now