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Prices as of 9 Oct 2026 close · Not investment advice

Sunflag Iron And Steel Company Limited

NSE: SUNFLAGIron & Steel ProductsShort-term ASM stage 1

Share price

₹439.80

-2.42% close of 9 Oct 2026

Market cap ₹7,916 CrP/E 37.2

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

46

out of 100 · worked out 9 Oct 2026

How the business score works

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹7,916 Cr

P/E ratio

37.2

P/B ratio

0.9

ROCE

4.1%

ROE

2.4%

Dividend yield

0.2%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹474.4052-week low ₹194.10

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales grew 9.0% over the past year, and 13.4% a year over its longer record. Meanwhile what it keeps of every 100 rupees of sales slipped from 12.4% to 12.0% over the last four years.

Whether it grew faster than its sector

It grew 13.4% a year against a sector median of 10.6% — 2.7 percentage points faster.

Room to re-rate, or risk of de-rating

At 37.2× earnings it costs 1.5× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 30.2×, across 5 companies. It is against its own five-year median of 22.5×, the 99th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
Sunflag Iron And Steel Company Limited — this one-2%/yr37.2×—
Welspun Corp Limited119%/yr30.2×—
APL Apollo Tubes Limited23%/yr48.2×₹2.1
Shyam Metalics and Energy Limited9%/yr26.2×₹2.9
Ratnamani Metals & Tubes Limited-1%/yr40.3×—
Jindal Saw Limited14%/yr26.4×₹1.9

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Iron & Steel Products), it ranks 64 of 70 on returns, 30 of 68 on growth, 29 of 70 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 4.1% on capital, ahead of 9% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹1147 crore of cash from the business, spent ₹841 crore on plant and equipment, and returned ₹135 crore to lenders and shareholders. And the profit is real: of every 100 rupees it reported over 12 years, about 88 arrived as cash. Its cash comes back faster than it used to: it went from being waiting 54 days for its cash to waiting 30 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

8 of 10 checks clear · 80%

How the profit check works

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Revenue and profit came in below the pre-result preview despite year-on-year growth.

Announced 11 Aug 2026 · Consolidated · Unaudited

Revenue

₹1,079 Cr

Revenue vs last year

+5.5%

Revenue vs last quarter

+7.8%

Net profit

₹66 Cr

Profit vs last year

+4.8%

Profit vs last quarter

+94.3%

Net margin

6.1%

EPS

₹3.66

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹7,916 Cr
Prev close
₹439.80
52w High
₹479
52w Low
₹192
Enterprise value
₹8,210 Cr
Beta
1.6
Price CAGR 1y
80.0%
Price CAGR 3y
35.0%
Price CAGR 5y
42.0%
Price CAGR 10y
28.0%

Ratios

Return on assets
1.8%
PEG ratio
-18.6
P/E ratio
37.2
P/B ratio
0.9
EV / EBITDA
17.2
Industry P/E
24.8
ROCE
4.1%
ROCE 5y average
8.4%
ROE
2.4%
Debt / Equity
0.1
Interest coverage
5.2
Dividend yield
0.2%
ROE 3y average
3.0%
ROE last year
2.0%

Annual P&L

Annual revenue
₹3,939 Cr
Annual profit
₹202 Cr
Operating margin
12.0%
Net profit margin
5.1%
EBITDA margin
12.1%
Sales growth 3y
4.1%
Sales growth 5y
15.8%
Profit growth 3y
-2.0%
Profit growth 5y
8.0%
EPS
₹11.2
Sales growth TTM
9.0%
Profit growth TTM
8.0%
Dividend payout
9.0%

Quarter P&L

Sales latest quarter
₹1,079 Cr
Profit latest quarter
₹66 Cr
YoY quarterly sales growth
5.4%
YoY quarterly profit growth
4.8%
OPM latest quarter
11.1%

Balance Sheet

Book Value
₹493
Face Value
₹10.0
Total debt
₹524 Cr
Total cash
₹230 Cr
Borrowings
₹524 Cr
Reserves / Equity
48.3

Cash Flow

Operating cash flow
₹390 Cr
Free cash flow
₹262 Cr
FCF yield
2.4%
Net cash flow
₹81 Cr

Shareholding

Promoter holding
51.2%
FII holding
0.9%
DII holding
0.2%
Public holding
47.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Welspun Corp2,653.3030.369,9920.181,047.9198.64,081.114.922.9
APL Apollo Tubes2,067.0546.757,3930.40263.110.95,606.78.431.8
Shyam Metalics1,067.0526.629,7850.42350.718.15,455.123.413.0
Ratnamani Metals2,485.1539.617,4190.40107.0-37.7971.6-15.617.9
Jindal Saw270.6526.517,3080.7190.8-75.44,452.39.010.4
Usha Martin504.7528.315,3820.73142.040.71,033.016.419.5
Godawari Power205.3516.913,8250.47222.42.71,750.532.320.5
Sunflag Iron450.9538.28,1270.2266.15.51,079.05.54.1
Median167.3522.69620.0014.328.3213.216.613.0

Competes with: APL Apollo Tubes Limited, Gallantt Ispat Limited, Godawari Power And Ispat limited, Jindal Saw Limited, Ratnamani Metals & Tubes Limited, Shyam Metalics and Energy Limited, Usha Martin Limited, Welspun Corp Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7848588549198958668928831,0239739421,0011,079
Expenses704759757820815767782783903872810877960
Material Cost619575602576599673
Change in Inventories-64106138.681.891.47
Purchases of Stock-in-Trade000000
Employee Cost333739373843
Other Expenses195186218189237242
Operating Profit809997998098110100120101132124119
OPM %101211118.911112111210141211
Other Income21123833102-6313
Exceptional items (within Other Income)000-8.7000
Interest24232624212522222117171814
Depreciation26262626262626262727312830
Profit before tax33514751355566558259788188
Tax %23252317212624222423235825
Net Profit26393643284150436346603466
EPS in Rs1.432.1522.381.552.262.782.403.472.533.331.903.66
Diluted EPS in Rs2.403.472.533.331.903.66

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,6401,5241,4562,0182,1861,7581,8922,6983,4883,4153,5363,9393,995
Expenses1,4711,3461,3111,7821,9491,5881,6382,3003,0433,0403,1463,4623,519
Material Cost2,2292,352
Change in Inventories-21129
Purchases of Stock-in-Trade00
Employee Cost137151
Other Expenses801831
Operating Profit169178145237237170254398446375389477476
OPM %10121012111013151311111212
Other Income5981711111151,201817912
Exceptional items (within Other Income)0-8.70
Interest71653535394129428197907266
Depreciation513633343846707681103104113116
Profit before tax528685184172941662851,485181212301307
Tax %53352330362152425222333
Net Profit245665129110921412171,115144162202206
EPS in Rs1.353.123.627.146.125.117.8012627.968.991111
Diluted EPS in Rs8.9911
Dividend Payout %000780000089

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
10%
5 years
16%
3 years
4%
TTM
9%

Compounded profit growth

10 years
14%
5 years
8%
3 years
-2%
TTM
8%

Stock price CAGR

10 years
28%
5 years
42%
3 years
35%
1 year
80%

Return on equity

10 years
5%
5 years
4%
3 years
3%
Last year
2%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital185180180180180180180180180180180180
Reserves4034635296577601,2051,3531,5693,1624,9848,5868,692
Borrowings421250330341352387268587609727624524
Other Liabilities3333553423894776375887559911,1321,7971,896
Minority Interest1.601.62
Total Liabilities1,3421,2481,3811,5661,7692,4092,3893,0914,9427,02211,18711,292
Fixed Assets5725435135155371,1471,1901,2521,5911,5251,4851,577
CWIP292669130202233173373193281297214
Investments4799121116171,7263,6427,7797,692
Other Assets7366717919131,0191,0191,0111,4491,4321,5741,6261,809
Total Assets1,3421,2481,3811,5661,7692,4092,3893,0914,9427,02211,18711,292

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity78236-1811717720922343278244192390
Cash from Investing Activity-4-13-33-97-141-125-60-335-219-83-91-122
Cash from Financing Activity-71-21360-41-39-79-151289-6321-194-188
Net Cash Flow31010-20-3512-3-4182-9381
Free Cash Flow74225-48214667170-296109119112262

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days425362554846413733373731
Inventory Days140129166130147190164186142137154144
Days Payable70645957711068010293877980
Cash Conversion Cycle112118169128124130124122838811295
Working Capital Days303844514661775440233430
ROCE %12161220179111612644

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters515151515151515151515151
FIIs0.960.930.800.860.890.600.480.600.640.470.540.86
DIIs0.040.080.100.100.120.130.140.180.180.170.040.21
Public484848484848484848484848
No. of Shareholders66,89767,61266,39265,35966,81165,54263,59663,23164,00356,63156,09855,328

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +64.4% (₹267.55 → ₹439.80)Brick size ₹20.96 (fixed)Bricks 22
₹200₹300₹400₹440Mar '26Jun '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹439.80 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

294inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

2,98,89,074inr

2026-03-31

News

News and filings about Sunflag Iron And Steel Company Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

Uses as raw material

  • coking coal
  • ferro alloys (ferro-chrome, ferro-nickel, ferro-vanadium, ferro-silicon)
  • iron ore and iron ore fines
  • metallurgical coke
  • sponge iron / HBI and steel scrap
  • thermal coal

Depends on the price of

  • Coking Coal
  • Iron Ore
  • coal

Buys from

Sells to

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Capital Goods
Industry
Iron & Steel Products
Classification
Capital Goods › Iron & Steel Products
ISIN
INE947A01014

Plants

  • Sunflag Iron & Steel integrated plant (Warthi Works)

News impact

Big market events that reach Sunflag Iron And Steel Company Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

11 Sep 2026unspecified₹1
12 Sep 2025unspecified₹0.75
5 Sep 2019unspecified₹0.5
6 Sep 2018unspecified₹0.5
30 Aug 2011unspecified₹0.5
2 Sep 2010unspecified₹0.5

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.