NSE: SUNFLAG · BSE: 500404 · ISIN INE947A01014
Sunflag Iron And Steel Company Limited stock analysis
Sunflag Iron And Steel Company Limited ranks #3766 in the TickerSutra evidence-ranked universe with a score of 38/100 and 95% data confidence. The latest captured fundamentals show ROCE of 4.1%, quarterly sales growth of 5.5% and quarterly profit growth of 5.5%.Avoid / exit review
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.06×
- Strong CFO/EBITDA of 0.82×
- CWIP indicates an active capacity pipeline
- No promoter shares are reported as pledged
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹2,698cr | ₹398cr | ₹217cr | 15.0% |
| 2023 | ₹3,488cr | ₹446cr | ₹1,115cr | 13.0% |
| 2024 | ₹3,415cr | ₹375cr | ₹144cr | 11.0% |
| 2025 | ₹3,536cr | ₹389cr | ₹162cr | 11.0% |
| 2026 | ₹3,939cr | ₹477cr | ₹202cr | 12.0% |
| TTM | ₹3,995cr | ₹476cr | ₹206cr | 12.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
Disclosure of Voting Results of the 40th Annual General Meeting held on Friday, the 25th September, 2026
RoutineShareholders meetingNSE · 26 Sept 2026Sunflag Iron And Steel Company Limited has submitted the Exchange a copy Srutinizers report of Annual General Meeting held on September 25, 2026. Further, the company has informed the Exchange regarding voting results.
RoutineShareholders meetingNSE · 25 Sept 2026Sunflag Iron And Steel Company Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 25, 2026
RoutineSunflag Iron & Steel Company Ltd - 500404 - Shareholder Meeting / Postal Ballot-Outcome of AGMBSE · 25 Sept 2026Outcome and proceedings of the 40th Annual General Meeting - Friday, 25th September, 2026
RoutineChange in Directors/KMP/SMP/Auditor/RTANSE · 21 Sept 2026 · Structured filingSunflag Iron and Steel Company Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Sunflag Iron and Steel Company Limited has informed the Exchange about Change in Directors/KMP/SMP/Auditor/RTA
Open original XBRL sourceMANAGEMENT COMMENTARY
Signals from filed documents
Sunflag's Performance and Outlook During FY 2025-26, your Company continued to focus on enhancing operational efficiencies, improving product quality, increasing value-added steel production and optimising its product mix. Despite a challenging pricing environment and higher input cost volatility, the Company maintained its emphasis on serving niche and specialised steel segments where quality, consistency and techni
India's steel sector remains de-regulated, with the Government acting as a facilitator through policy support and institutional frameworks to enhance efficiency and growth. Guided by the National Steel Policy 2017 and schemes like the PLI for Specialty Steel, the sector is witnessing capacity expansion and investment momentum, with crude steel capacity reaching 200 MT in 2024–25 and specialty steel output targeted to
Sunflag's Performance and Outlook During FY 2025-26, your Company continued to focus on enhancing operational efficiencies, improving product quality, increasing value-added steel production and optimising its product mix. Despite a challenging pricing environment and higher input cost volatility, the Company maintained its emphasis on serving niche and specialised steel segments where quality, consistency and techni
While global steel demand remained subdued, India's domestic market continued to outperform most major economies. The domestic steel industry, however, witnessed increased imports, particularly from China, South Korea and Japan, resulting in pricing pressure in certain product categories. The Government continued to monitor import trends and evaluate suitable trade measures to ensure a level playing field for domesti
The following is the summary of sexual harassment complaints received, disposed-off and pending during the Financial Year 2025-26 : Number of Complaints filed Nil Number of Complaints disposed off N.A. Number of Complaints remains pending as on end of the financial year Nil d) Compliance with Regulators:- The Company has complied with all the requirements of regulatory authorities on capital markets. Except as provid
Ramchandra Vasant Dalvi would be beneficial to the Company and it is desirable to continue to avail his services as Director (Technical) of the Company. Further as per Section 196(3) of the Companies Act, 2013 ('the Act'), no Company shall appoint or continue the employment of any person as a Managing Director, Whole-time Director or Manager who is below the age to twenty-one years or has attained the age of seventy
During the period under review, Sunflag has invested INR 3,43,00,000 in the capital of the said JV Company. st Consequently, as on 31 March, 2026 the Company has total investment of INR 13,23,00,000 (INR Thirteen Crore Twenty-three Lakh) constituting (49%) in the capital of the said JV Company.The main object of the JV Company is manufacturing high quality of alloy steel wire for automobile and auto component industr
The facility of participation at the AGM through VC/OAVM will be made available for 1000 members on first come first served basis. This will not include large Shareholders (Shareholders holding 2% or more shareholding), Promoters, Institutional Investors, Directors, Key Managerial Personnel, the Chairpersons of the Audit Committee, Nomination and Remuneration Committee and Stakeholders Relationship Committee, Auditor
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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