āagman

Not investment advice. Data and computed figures, for information only.

Sunflag Iron & Steel Company Ltd

NSE: SUNFLAG
₹423.45
−₹12.15 (−2.79%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹7,926 Cr
CMP
₹423.45
52-wk High / Low
₹479 / 192
P/E
37.3
P/B
0.9
Book Value
₹492.0
Div Yield
0.23%
ROCE
4.0%
ROE
2.4%
Face Value
₹10
D/E
0.06

Price+58.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
8
/ 9
8 of 9 F-score tests passed
Graham Number
₹353
√(22.5 × EPS × book value per share)
ROIC
2.6%
vs 12.3% sector median
Cash flow to profit
1.93
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
−70
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
2.2%
ROE × earnings retention ratio
ROE stability
12.1
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII +0.32DII +0.17
Latest quarter vs the previous one
Cash-accrual divergence
−1.7%
of assets
Low = accruals track cash flow
Strengths
+Price trades above its 200-day moving average (1.3x)
+Piotroski F-Score of 8/9 is in the strong band (≥7)
+PE of 37.3x is below the sector median of 43.6x
Watch-outs
−Latest ROCE of 4% trails the sector median of 19%
−Borrowings are up 109.6% since FY2016 (250 to 524)
−Annualised volatility of 45.5% is in the high band (≥45%)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales7848588549198958668928831,0239739421,0011,079
Expenses704759757820815767782783903872810877960
Operating Profit809997998098110100120101132124119
OPM %10.2%11.5%11.4%10.8%8.9%11.3%12.3%11.3%11.7%10.4%14.0%12.4%11.0%
Other Income21123833102−6313
Interest24232624212522222117171814
Depreciation26262626262626262727312830
Profit before tax33514751355566558259788188
Net Profit26393643284150436346603466
EPS (₹)1.432.152.002.381.552.262.782.403.472.533.331.903.66

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 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
Operating Profit169178145237237170254398446375389477476
OPM %10.3%11.7%10.0%11.7%10.8%9.7%13.4%14.8%12.8%11.0%11.0%12.1%11.9%
Other Income5981711111151,201817912
Interest71653535394129428197907266
Depreciation513633343846707681103104113116
Profit before tax528685184172941662851,485183212301307
Net Profit245665129110921412171,115144162202206
EPS (₹)1.353.123.627.146.125.117.8012.0461.897.968.9911.2311.42

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital185180180180180180180180180180180180—
Reserves4034635296577601,2051,3531,5693,1624,9848,5868,692—
Borrowings421250330341352387268587609727624524—
Other Liabilities3333553423894776375887559911,1321,7971,896—
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

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 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

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %12.016.012.020.017.09.011.016.012.06.04.04.0
ROE %———————————2.4
EPS (₹)1.353.123.627.146.125.117.8012.0461.897.968.9911.23
Book Value (₹)———————————492.0
Face Value (₹)———————————10
P/E———————————37.3
Div Yield %———————————0.23
NPM %1.53.74.46.35.05.27.48.023.84.24.65.1
OPM %10.012.010.012.011.010.013.015.013.011.011.012.0
D/E0.720.390.470.410.370.280.170.340.180.140.070.06
P/B———————————0.9

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+10.0%
5 years+16.0%
3 years+4.0%
TTM+9.0%
Compounded profit growth
10 years+14.0%
5 years+8.0%
3 years−2.0%
TTM+8.0%
Stock price CAGR
10 years+28.0%
5 years+40.0%
3 years+30.0%
Last year+64.0%
Return on equity
10 years5.0%
5 years4.0%
3 years3.0%
Last year2.0%

Shareholding pattern

As of 31 Mar 2026
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters49.06%49.06%49.16%50.57%51.16%51.16%51.16%51.16%51.16%51.16%51.16%
FIIs0.00%0.20%0.22%0.02%0.05%0.22%0.88%0.80%0.48%0.54%0.86%
DIIs0.14%0.36%0.14%0.12%0.04%0.04%0.04%0.10%0.14%0.04%0.21%
Government———————————
Public50.80%50.38%50.47%49.29%48.75%48.58%47.92%47.95%48.21%48.27%47.78%
No. of shareholders68,24157,03956,76754,86962,07272,60161,23266,39263,59656,09855,328
Change since Sep 2023 (pp)
Promoters +2.10FIIs +0.86DIIs +0.07Public −3.02

Documents

As of 11 Oct 2026
Announcements
Announcement Under Regulation 30- Clarification On Price MovementClarification sought from Sunflag Iron & Steel Company LtdShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMAnnouncement under Regulation 30 (LODR)-Cessation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update

Corporate actions

As of 11 Sep 2026
11 Sep 2026DIVIDENDDividend - Re 1 Per Share—
12 Sep 2025DIVIDENDDividend - Re 0.75 Per Share—
5 Sep 2019DIVIDEND Annual General Meeting/Dividend - Rs 0.50 Per Share—
6 Sep 2018DIVIDEND Annual General Meeting/Dividend Re 0.5 Per Share—
30 Aug 2011DIVIDENDAnnual General Meeting And Dividend Re.0.50 Per Share—
2 Sep 2010DIVIDENDAnnual General Meeting And Dividend Re.0.50 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman