SUNFLAG

Sunflag Iron And Steel Company share price & financials

Price
₹358.55
Market cap
₹6.1k Cr
Sector
Capital Goods

What Sunflag Iron And Steel Company Limited does

Sunflag Iron and Steel Company Limited is an iron and steel manufacturer registered in Nagpur, Maharashtra, with its manufacturing works located at Warthi, Bhandara Road, Bhandara. The company earns revenue from the manufacture and sale of iron and steel products produced at this works. It is part of the Sunflag Group, whose promoter family also runs separate textile manufacturing operations in Kenya.

Manufacturing works location
Warthi, Bhandara Road, Bhandara, Maharashtra
Headquarters 33/1, Mount Road, Sadar, Nagpur - 440001, Maharashtra, India Company website

Quarterly results

Q1 FY27: revenue up 5.5%, net profit up 4.8% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue866 892 883 1,023 973 +12%942 +6%1,001 +13%1,079 +5%
EBITDA98 110 100 120 101 +3%132 +20%124 +24%119 −1%
Net profit41 50 43 63 46 +12%60 +20%34 −21%66 +5%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Performance +27.4% 1Y

₹200₹250₹300₹350₹400Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26

1Y: ₹264.6 on 10 Sept 2025 → ₹337.2. High ₹415.85 (8 May 2026), low ₹194.1 (30 Mar 2026).

Financials, as filed

Revenue grew 4.1% a year over 3 years, FY23 to FY26. Operating margin narrowed to 12.1%.

Year endingFY23FY24FY25FY26
Revenue₹3.5k Cr₹3.4k Cr₹3.5k Cr₹3.9k Cr
Operating profit₹446 Cr₹375 Cr₹388 Cr₹477 Cr
Operating margin12.8%11.0%11.0%12.1%
Interest₹81 Cr₹97 Cr₹90 Cr₹73 Cr
Depreciation₹81 Cr₹104 Cr₹104 Cr₹113 Cr
Net profit₹1.1k Cr₹144 Cr₹162 Cr₹203 Cr
Net margin32.0%4.2%4.6%5.2%
Cash from operations₹278 Cr₹244 Cr₹192 Cr₹390 Cr
Free cash flow₹109 Cr₹119 Cr₹104 Cr₹262 Cr
ROCE12.0%6.0%4.0%4.0%
How to read this

From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.

Balance sheet

Year endingFY21FY22FY23FY24FY25FY26
Equity capital₹180 Cr₹180 Cr₹180 Cr₹180 Cr₹180 Cr₹180 Cr
Reserves₹1.4k Cr₹1.6k Cr₹3.2k Cr₹5.0k Cr₹8.4k Cr₹8.7k Cr
Borrowings₹268 Cr₹587 Cr₹609 Cr₹727 Cr₹580 Cr₹524 Cr
Other liabilities₹588 Cr₹755 Cr₹991 Cr₹1.1k Cr₹1.8k Cr₹1.9k Cr
Total liabilities₹2.4k Cr₹3.1k Cr₹4.9k Cr₹7.0k Cr₹10.9k Cr₹11.3k Cr
Fixed assets₹1.2k Cr₹1.3k Cr₹1.6k Cr₹1.5k Cr₹1.4k Cr₹1.6k Cr
Capital work in progress₹173 Cr₹373 Cr₹193 Cr₹281 Cr₹372 Cr₹214 Cr
Investments₹16 Cr₹17 Cr₹1.7k Cr₹3.6k Cr₹7.4k Cr₹7.7k Cr
Other assets₹1.0k Cr₹1.4k Cr₹1.4k Cr₹1.6k Cr₹1.7k Cr₹1.8k Cr
Total assets₹2.4k Cr₹3.1k Cr₹4.9k Cr₹7.0k Cr₹10.9k Cr₹11.3k Cr
How to read this

As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.

Who owns it

As disclosed at Jun 2026

Since Jun 2025, the public trimmed −0.28 pp while FIIs added +0.26 pp. The shareholder count shrank 12% to 55,328.

Promoters
51.2%
FIIs
0.9%
DIIs
0.2%
Public
47.8%

Since Jun 2025

  • Public −0.28 pp
  • FIIs +0.26 pp
  • DIIs +0.03 pp

How it drifted, 12 quarters

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 51.2%, FIIs 1.0%, DIIs 0.0%, Public 47.8%.Dec '23: Promoters 51.2%, FIIs 0.9%, DIIs 0.1%, Public 47.8%.Mar '24: Promoters 51.2%, FIIs 0.8%, DIIs 0.1%, Public 48.0%.Jun '24: Promoters 51.2%, FIIs 0.9%, DIIs 0.1%, Public 47.9%.Sep '24: Promoters 51.2%, FIIs 0.9%, DIIs 0.1%, Public 47.8%.Dec '24: Promoters 51.2%, FIIs 0.6%, DIIs 0.1%, Public 48.1%.Mar '25: Promoters 51.2%, FIIs 0.5%, DIIs 0.1%, Public 48.2%.Jun '25: Promoters 51.2%, FIIs 0.6%, DIIs 0.2%, Public 48.1%.Sep '25: Promoters 51.2%, FIIs 0.6%, DIIs 0.2%, Public 48.0%.Dec '25: Promoters 51.2%, FIIs 0.5%, DIIs 0.2%, Public 48.2%.Mar '26: Promoters 51.2%, FIIs 0.5%, DIIs 0.0%, Public 48.3%.Jun '26: Promoters 51.2%, FIIs 0.9%, DIIs 0.2%, Public 47.8%.

Who was buying across the market this quarter →

Who bought this quarter

since Mar 2026

Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.

The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.

Who is on the register

Named in the Jun 2026 filing

Every holder of Sunflag Iron And Steel Company Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Sunflag Ltd 36.21%unchanged
Daido Steel Co Ltd 10.00%unchanged
Suhrit Ravi Bhushan Bhardwaj 7.33%unchanged
Dhirendra Bhupendra Sanghavi 7.11%unchanged
Supra Corporation Limited 4.73%unchanged
Dhirajlal V Shah 3.05%unchanged
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs 2.41%unchanged
Kanwaljit Singh Bakshi 2.18%unchanged
Veena Bhardwaj 1.99%unchanged
Bhupendra Gokaldas Sanghavi 1.39%−0.65 pp
Vallabh Bhanshali 1.11%newly disclosed
Pranav Ravi Bhardwaj 0.89%unchanged

A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.

What the price assumes

Growth the price implies
20.5% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹337.2

Change the assumptions yourself →

Learn to analyse Sunflag Iron And Steel Company Limited

Guides on how to read this kind of business and the numbers that matter.