
About Sunflag Steel
Sunflag Steel is a publicly listed company based in Nagpur (India) founded in 1989. Sunflag Steel is engaged in manufacturing high-quality steel products. It operates on a Reseller / Distribution and Direct-to-Consumer (D2C) model. The company has 3,800 employees. Its website sunflagsteel.com draws about 16 thousand monthly visits. Its Indian entity Sunflag Iron And Steel Co Ltd reported revenue of ₹4,071 Cr. Sunflag Steel offers products and services including Special Alloy Steel and Stainless Steel. Its focus areas include Manufacturing, Steel Production and Alloy and Stainless Steel.
Company details
Sunflag Steel, based in Nagpur, India, is recognized for producing high-quality steel, including special alloy and stainless steel. Operations are conducted through an integrated plant near Nagpur, with additional facilities in Bhandara. The company is committed to sustainable practices, incorporating clean steel technology and eco-friendly solutions. Steel products are supplied to various industrial sectors, with a focus on precision and durability. Research and development efforts are prioritized to enhance technological capabilities and maintain industry standards. Multiple branches across India ensure widespread distribution and customer support.
- Market Cap₹6,947 Cr
SUNFLAG · NSE
- Share Price₹374.90
-2.75% today
- Revenue₹4,053 Cr
FY 2025-26 · +10.9% YoY
- EBITDA₹468 Cr
Margin 11.6%
- Net Profit₹209 Cr
FY 2025-26 · +29.1% YoY
- P/E (TTM)34.9x
P/B 0.9x
- ROE2.4%
ROCE 4.1%
- Debt / Equity0.07
Interest cover 20.4x
- Employee Count3,800
Associated legal entities of Sunflag Steel
Sunflag Steel operates through Sunflag Iron And Steel Co Ltd, a listed company (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sunflag Iron And Steel Co Ltd Listed CIN L27100MH1984PLC034003 | Active | 12 Sep 1984 | Nagpur, Maharashtra | ₹4,071 Cr | 1,090 | 10 | View details |
Products & Services of Sunflag Steel
Sunflag Steel offers a comprehensive portfolio of products and services, including Special Alloy Steel and Stainless Steel.
High-quality alloy steel is produced for industrial applications.
Durable stainless steel is manufactured for various sectors.
Apps and channels of Sunflag Steel
its YouTube channel Sunflag Iron and Steel Company Limited has 971 subscribers and 15 videos.
Videos from Sunflag Steel
The most watched videos on Sunflag Steel's YouTube channel, Sunflag Iron and Steel Company Limited (971 subscribers). Click a video to play it here.
Board of directors of Sunflag Iron And Steel Co Ltd (Sunflag Steel)
Sunflag Iron And Steel Co Ltd is the primary company behind Sunflag Steel. The board of Sunflag Iron And Steel Co Ltd currently have 8 directors; the longest-serving is Ravi Bhushan Satya Dev Bhardwaj, appointed in 1998. 25 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ravi Bhushan Satya Dev Bhardwaj DIN 00054700 | Director | 01 Oct 1998 | 28 yrs | Sunflag Iron And Steel Co Ltd |
| Pranav Ravi Bhardwaj DIN 00054805 | Managing Director | 03 Feb 2000 | 26 yrs 8 mo | Sunflag Iron And Steel Co Ltd |
| Suhrit Ravi Bhushan Bhardwaj DIN 02318190 | Director | 27 Mar 2017 | 9 yrs 6 mo | Sunflag Iron And Steel Co Ltd |
| Ramchandra Vasant Dalvi DIN 00012065 | Whole-time director | 14 Aug 2017 | 9 yrs 2 mo | Sunflag Iron And Steel Co Ltd |
| Anand Sadashiv Kapre DIN 00019530 | Director | 12 Nov 2019 | 6 yrs 11 mo | Sunflag Iron And Steel Co Ltd |
| Vinita Bahri DIN 03109454 | Director | 13 Mar 2020 | 6 yrs 7 mo | Sunflag Iron And Steel Co Ltd |
| Mattegunta Goutham Anjani Venkatramana DIN 00101447 | Director | 12 Aug 2022 | 4 yrs 2 mo | Sunflag Iron And Steel Co Ltd |
| Tirthnath Jha Indranath DIN 07593002 | Director | 03 Sep 2022 | 4 yrs 1 mo | Sunflag Iron And Steel Co Ltd |
People of Sunflag Steel
29 people are tracked at Sunflag Steel (6 in leadership, 7 in board & advisors, 16 in team); the tracked headcount is 3,800.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
| Director of Technical | Leadership | |
Surendra Kumar Gupta | Deputy Managing Director | Leadership |
S. Mahadevan | Chief Financial Officer | Leadership |
Rambhatla Muralidhar | Executive Director, Finance | Leadership |
Shripad Jirafe | Section Head | Leadership |
| Non-Executive, Non-Independent Director | Board & advisors | |
Sajiv Dhawan | Independent, Non-Executive Director | Board & advisors |
| Independent, Non-Executive Director | Board & advisors | |
Neelam Kothari | Independent, Non-Executive Director | Board & advisors |
| Independent, Non-Executive Director | Board & advisors | |
| Independent, Non-Executive Director | Board & advisors | |
| Independent, Non-Executive Director | Board & advisors | |
Roushan Jha | Senior Human Resources Officer | Team |
Mayank Dhawan | HR Generalist | Team |
Somesh Dixit | Mechanical Engineer | Team |
Prashant Singh | Sr Engineer | Team |
Umesh Balpande | Sr. Engineer | Team |
Selvamani Selvam | Executive | Team |
Pradyut Tripathy | Senior Engineer Superalloys | Team |
9 more people are available in the full profile.
Complete people profiles for Sunflag Steel
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Sunflag Steel
Sunflag Steel is a publicly listed company on the NSE with ticker symbol SUNFLAG in India, operating in the Non-energy minerals sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date29 Sep 2005
- Listed onNSE: SUNFLAG
- Listed entitySunflag Iron & Steel Co. Ltd.
- Exchange sectorNon-energy minerals
- ISININE947A01014
- Share price₹444.75 (+0.51% on the day) · 2026-10-14
- Market capitalisation₹7,992 Cr
- Price to earnings38.9
- EPS (diluted, trailing year)₹11.42
- Dividend yield0.23%
- Volume (last session)66,406
Financials of Sunflag Steel
Exchange-reported figures of Sunflag Iron And Steel Co Ltd, the listed company behind Sunflag Steel (NSE: SUNFLAG).
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,053 | 3,653 | 3,502 | 3,560 | 2,718 | 1,922 | 1,826 |
| Revenue growth | +10.9% | +4.3% | -1.6% | +31.0% | +41.4% | +5.3% | - |
| EBITDA | 468 | 389 | 375 | 446 | 398 | 254 | 170 |
| EBITDA margin | +11.6% | +10.7% | +10.7% | +12.5% | +14.7% | +13.2% | +9.3% |
| Profit before tax | 301 | 212 | 183 | 1,485 | 285 | 166 | 93.84 |
| Net profit | 209 | 162 | 144 | 224 | 217 | 141 | 92.05 |
| Net profit margin | +5.2% | +4.4% | +4.1% | +6.3% | +8.0% | +7.3% | +5.0% |
| EPS (₹) | 11.23 | 8.99 | 7.96 | 61.88 | 12.04 | 7.80 | 5.11 |
| Balance sheet | |||||||
| Total assets | 9,425 | 9,414 | 5,936 | 3,992 | 2,380 | 1,858 | 1,839 |
| Net worth | 8,873 | 8,766 | 5,164 | 3,342 | 1,749 | 1,533 | 1,385 |
| Total debt | 524 | 624 | 727 | 609 | 587 | 268 | 387 |
| Cash & bank | 230 | 158 | 253 | 118 | 67.63 | 70.57 | 53.17 |
| Net working capital | 975 | 895 | 876 | 671 | 805 | 547 | 555 |
| Cash flow | |||||||
| Cash from operations | 390 | 192 | 244 | 278 | 43.19 | 223 | 209 |
| Cash from investing | (122) | (91.29) | (83.26) | (219) | (335) | (59.97) | (125) |
| Cash from financing | (188) | (194) | 21.21 | (63.26) | 289 | (151) | (79.15) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,079 | 1,001 | 942 | 973 | 1,023 | 883 | 892 | 866 |
| Revenue growth (YoY) | +5.5% | +13.3% | +5.7% | +12.4% | +14.4% | - | - | - |
| Other income | 12.60 | 3.30 | 2.97 | 2.24 | 9.63 | 3.13 | 2.76 | 8.30 |
| EBITDA | 119 | 124 | 123 | 101 | 120 | 100 | 110 | 98.52 |
| EBITDA margin | +11.1% | +12.4% | +13.1% | +10.4% | +11.7% | +11.4% | +12.4% | +11.4% |
| Depreciation | 29.90 | 28.37 | 30.80 | 27.01 | 26.99 | 26.40 | 26.05 | 26.00 |
| Interest | 14.01 | 17.66 | 17.21 | 16.81 | 20.54 | 21.87 | 21.51 | 25.18 |
| Profit before tax | 88.01 | 81.34 | 78.25 | 59.34 | 81.89 | 55.29 | 65.57 | 55.64 |
| Tax | 21.96 | 47.06 | 18.31 | 13.80 | 19.28 | 12.04 | 15.43 | 14.67 |
| Net profit | 66.05 | 34.28 | 59.94 | 45.54 | 62.61 | 43.25 | 50.14 | 40.97 |
| EPS (₹) | 3.66 | 1.90 | 3.33 | 2.53 | 3.47 | 2.40 | 2.78 | 2.26 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 4,053 | 3,653 | 3,502 | 3,560 | 2,718 | 1,922 | 1,826 |
| Revenue growth | +10.9% | +4.3% | -1.6% | +31.0% | +41.4% | +5.3% | - |
| EBITDA | 468 | 389 | 375 | 446 | 398 | 247 | 171 |
| EBITDA margin | +11.6% | +10.7% | +10.7% | +12.5% | +14.7% | +12.9% | +9.3% |
| Profit before tax | 299 | 211 | 181 | 1,484 | 284 | 159 | 94.33 |
| Net profit | 207 | 162 | 142 | 223 | 216 | 134 | 92.56 |
| Net profit margin | +5.1% | +4.4% | +4.0% | +6.3% | +8.0% | +7.0% | +5.1% |
| EPS (₹) | 11.13 | 8.98 | 7.86 | 61.83 | 12.01 | 7.41 | 5.14 |
| Balance sheet | |||||||
| Total assets | 9,412 | 9,392 | 5,914 | 3,972 | 2,362 | 1,840 | 1,835 |
| Net worth | 8,865 | 8,750 | 5,148 | 3,329 | 1,736 | 1,521 | 1,387 |
| Total debt | 520 | 620 | 722 | 605 | 582 | 264 | 382 |
| Cash & bank | 228 | 157 | 252 | 117 | 66.37 | 69.34 | 51.97 |
| Net working capital | 974 | 893 | 875 | 669 | 804 | 545 | 554 |
| Cash flow | |||||||
| Cash from operations | 390 | 192 | 244 | 278 | 43.16 | 223 | 208 |
| Cash from investing | (122) | (91.32) | (83.17) | (219) | (335) | (59.97) | (126) |
| Cash from financing | (188) | (194) | 21.22 | (63.28) | 289 | (151) | (79.12) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,079 | 1,001 | 942 | 973 | 1,023 | 883 | 892 | 866 |
| Revenue growth (YoY) | +5.5% | +13.3% | +5.7% | +12.4% | +14.4% | - | - | - |
| Other income | 10.51 | 2.96 | 2.13 | 2.22 | 9.06 | 2.65 | 2.75 | 8.28 |
| Total expenses | 960 | 877 | 819 | 872 | 903 | 783 | 781 | 767 |
| EBITDA | 119 | 124 | 123 | 101 | 120 | 100 | 111 | 98.52 |
| EBITDA margin | +11.1% | +12.4% | +13.1% | +10.4% | +11.7% | +11.4% | +12.4% | +11.4% |
| Depreciation | 29.90 | 28.37 | 30.80 | 27.01 | 26.99 | 26.40 | 26.05 | 26.00 |
| Interest | 14.01 | 17.66 | 17.21 | 16.81 | 20.54 | 21.87 | 21.51 | 25.18 |
| Profit before tax | 85.92 | 81.01 | 77.41 | 59.37 | 81.32 | 54.82 | 65.87 | 55.62 |
| Tax | 21.96 | 47.06 | 18.31 | 13.80 | 19.28 | 12.04 | 15.43 | 14.67 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,079 | 1,001 | 942 | 973 | 1,023 | 883 | 892 | 866 |
| Revenue growth (YoY) | +5.5% | +13.3% | +5.7% | +12.4% | +14.4% | - | - | - |
| Other income | 12.60 | 3.30 | 2.97 | 2.24 | 9.63 | 3.13 | 2.76 | 8.30 |
| EBITDA | 119 | 124 | 123 | 101 | 120 | 100 | 110 | 98.52 |
| EBITDA margin | +11.1% | +12.4% | +13.1% | +10.4% | +11.7% | +11.4% | +12.4% | +11.4% |
| Depreciation | 29.90 | 28.37 | 30.80 | 27.01 | 26.99 | 26.40 | 26.05 | 26.00 |
| Interest | 14.01 | 17.66 | 17.21 | 16.81 | 20.54 | 21.87 | 21.51 | 25.18 |
| Profit before tax | 88.01 | 81.34 | 78.25 | 59.34 | 81.89 | 55.29 | 65.57 | 55.64 |
| Tax | 21.96 | 47.06 | 18.31 | 13.80 | 19.28 | 12.04 | 15.43 | 14.67 |
| Net profit | 66.05 | 34.28 | 59.94 | 45.54 | 62.61 | 43.25 | 50.14 | 40.97 |
| EPS (₹) | 3.66 | 1.90 | 3.33 | 2.53 | 3.47 | 2.40 | 2.78 | 2.26 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,053 | 3,653 | 3,502 | 3,560 | 2,718 | 1,922 | 1,826 |
| Revenue growth | +10.9% | +4.3% | -1.6% | +31.0% | +41.4% | +5.3% | - |
| Other income | 18.09 | 16.80 | 8.02 | 1,201 | 5.14 | 11.33 | 11.22 |
| Total expenses | 3,584 | 3,264 | 3,126 | 3,114 | 2,320 | 1,668 | 1,656 |
| Employee cost | 151 | 137 | 121 | 108 | 97.86 | 92.46 | 97.34 |
| EBITDA | 468 | 389 | 375 | 446 | 398 | 254 | 170 |
| EBITDA margin | +11.6% | +10.7% | +10.7% | +12.5% | +14.7% | +13.2% | +9.3% |
| Depreciation | 113 | 104 | 103 | 80.64 | 76.31 | 70.20 | 46.22 |
| Interest | 72.22 | 89.90 | 96.71 | 81.10 | 42.25 | 29.48 | 41.25 |
| Profit before tax | 301 | 212 | 183 | 1,485 | 285 | 166 | 93.84 |
| Tax | 98.45 | 49.68 | 39.81 | 370 | 67.90 | 25.08 | 1.77 |
| Net profit | 209 | 162 | 144 | 224 | 217 | 141 | 92.05 |
| Net profit margin | +5.2% | +4.4% | +4.1% | +6.3% | +8.0% | +7.3% | +5.0% |
| EPS (₹) | 11.23 | 8.99 | 7.96 | 61.88 | 12.04 | 7.80 | 5.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 180 | 180 | 180 | 180 | 180 | 180 | 180 |
| Reserves & surplus | 8,692 | 8,586 | 4,984 | 3,162 | 1,569 | 1,353 | 1,205 |
| Shareholders' funds (net worth) | 8,873 | 8,766 | 5,164 | 3,342 | 1,749 | 1,533 | 1,385 |
| Minority interest | 1.62 | 1.60 | 1.58 | 1.56 | 1.54 | 1.52 | 1.46 |
| Secured loans | 457 | 553 | 652 | 509 | 430 | 146 | 289 |
| Unsecured loans | 67.46 | 71.52 | 74.68 | 100 | 156 | 122 | 97.79 |
| Total debt | 524 | 624 | 727 | 609 | 587 | 268 | 387 |
| Total liabilities | 9,425 | 9,414 | 5,936 | 3,992 | 2,380 | 1,858 | 1,839 |
| Assets | |||||||
| Gross block | 2,163 | 1,965 | 1,901 | 1,865 | 1,445 | 1,306 | 2,047 |
| Net block | 1,577 | 1,485 | 1,525 | 1,591 | 1,252 | 1,190 | 1,147 |
| Capital work in progress | 214 | 297 | 281 | 193 | 373 | 173 | 233 |
| Investments | 7,692 | 7,779 | 3,642 | 1,726 | 16.59 | 16.00 | 10.75 |
| Inventories | 976 | 931 | 833 | 866 | 837 | 544 | 563 |
| Sundry debtors | 339 | 362 | 346 | 315 | 276 | 210 | 222 |
| Cash & bank balances | 230 | 158 | 253 | 118 | 67.63 | 70.57 | 53.17 |
| Loans & advances | 189 | 116 | 85.08 | 88.18 | 168 | 81.10 | 105 |
| Total current assets | 1,734 | 1,567 | 1,517 | 1,387 | 1,349 | 906 | 943 |
| Total current liabilities | 759 | 672 | 641 | 717 | 544 | 359 | 387 |
| Net working capital | 975 | 895 | 876 | 671 | 805 | 547 | 555 |
| Total assets | 9,425 | 9,414 | 5,936 | 3,992 | 2,380 | 1,858 | 1,839 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 101 | 194 | 11.49 | 15.94 | 18.63 | 6.41 | 1.84 |
| Net cash from operating activities | 390 | 192 | 244 | 278 | 43.19 | 223 | 209 |
| Net cash from investing activities | (122) | (91.29) | (83.26) | (219) | (335) | (59.97) | (125) |
| Net cash from financing activities | (188) | (194) | 21.21 | (63.26) | 289 | (151) | (79.15) |
| Net change in cash | 80.68 | (92.62) | 182 | (4.45) | (2.69) | 12.22 | 4.57 |
| Closing cash | 230 | 158 | 253 | 118 | 67.63 | 70.57 | 53.17 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.9% | +4.3% | -1.6% | +31.0% | +41.4% | +5.3% | - |
| EBITDA growth | +20.2% | +3.8% | -15.9% | +11.9% | +56.8% | +49.4% | - |
| PBT growth | +42.1% | +15.5% | -87.7% | +421.2% | +72.0% | +76.6% | -45.4% |
| Net income growth | +29.1% | +12.9% | -35.8% | +3.0% | +54.3% | +52.8% | - |
| Revenue CAGR (3Y) | +4.4% | +10.4% | +22.1% | +24.9% | +7.5% | -2.5% | +6.4% |
| EBITDA CAGR (3Y) | +1.6% | -0.8% | +13.9% | +37.9% | +18.8% | +2.4% | +5.4% |
| Profitability & leverage | |||||||
| Net income margin | +5.0% | +4.4% | +4.1% | +31.3% | +8.0% | +7.3% | +5.0% |
| Return on capital employed | +4.1% | +4.1% | +6.1% | +13.2% | +18.5% | +13.1% | +9.6% |
| Return on net worth | +2.4% | +2.5% | +3.7% | +10.2% | +16.7% | +12.8% | +9.4% |
| Debt / equity | 0.07 | 0.10 | 0.17 | 0.27 | 0.33 | 0.30 | 0.38 |
| Long-term debt / equity | 0.02 | 0.04 | 0.10 | 0.16 | 0.17 | 0.17 | 0.12 |
| Interest cover | 20.35 | 31.56 | 35.55 | 22.21 | 13.12 | 16.03 | 33.30 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.34 | 2.30 | 2.31 | 2.74 | 2.64 | 1.46 | 1.19 |
| Inventory turnover | 4.25 | 4.14 | 4.12 | 4.18 | 3.94 | 3.47 | 3.28 |
| Debtors turnover | 11.56 | 10.32 | 10.59 | 12.03 | 11.17 | 8.90 | 7.19 |
| EPS (₹) | 11.23 | 8.99 | 7.96 | 61.88 | 12.04 | 7.80 | 5.11 |
| Dividend per share (₹) | 1.00 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 474.06 | 467.65 | 266.78 | 164.72 | 78.33 | 65.60 | 56.72 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,079 | 1,001 | 942 | 973 | 1,023 | 883 | 892 | 866 |
| Revenue growth (YoY) | +5.5% | +13.3% | +5.7% | +12.4% | +14.4% | - | - | - |
| Other income | 10.51 | 2.96 | 2.13 | 2.22 | 9.06 | 2.65 | 2.75 | 8.28 |
| Total expenses | 960 | 877 | 819 | 872 | 903 | 783 | 781 | 767 |
| EBITDA | 119 | 124 | 123 | 101 | 120 | 100 | 111 | 98.52 |
| EBITDA margin | +11.1% | +12.4% | +13.1% | +10.4% | +11.7% | +11.4% | +12.4% | +11.4% |
| Depreciation | 29.90 | 28.37 | 30.80 | 27.01 | 26.99 | 26.40 | 26.05 | 26.00 |
| Interest | 14.01 | 17.66 | 17.21 | 16.81 | 20.54 | 21.87 | 21.51 | 25.18 |
| Profit before tax | 85.92 | 81.01 | 77.41 | 59.37 | 81.32 | 54.82 | 65.87 | 55.62 |
| Tax | 21.96 | 47.06 | 18.31 | 13.80 | 19.28 | 12.04 | 15.43 | 14.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 4,053 | 3,653 | 3,502 | 3,560 | 2,718 | 1,922 | 1,826 |
| Revenue growth | +10.9% | +4.3% | -1.6% | +31.0% | +41.4% | +5.3% | - |
| Other income | 16.37 | 16.46 | 6.07 | 1,200 | 4.51 | 10.92 | 11.16 |
| Total expenses | 3,584 | 3,264 | 3,126 | 3,114 | 2,320 | 1,675 | 1,656 |
| Employee cost | 151 | 137 | 121 | 108 | 97.86 | 92.46 | 97.34 |
| EBITDA | 468 | 389 | 375 | 446 | 398 | 247 | 171 |
| EBITDA margin | +11.6% | +10.7% | +10.7% | +12.5% | +14.7% | +12.9% | +9.3% |
| Depreciation | 113 | 104 | 103 | 80.65 | 76.31 | 70.18 | 46.20 |
| Interest | 72.22 | 89.90 | 96.71 | 81.10 | 42.25 | 29.48 | 41.25 |
| Profit before tax | 299 | 211 | 181 | 1,484 | 284 | 159 | 94.33 |
| Tax | 98.45 | 49.68 | 39.81 | 370 | 67.89 | 25.08 | 1.77 |
| Net profit | 207 | 162 | 142 | 223 | 216 | 134 | 92.56 |
| Net profit margin | +5.1% | +4.4% | +4.0% | +6.3% | +8.0% | +7.0% | +5.1% |
| EPS (₹) | 11.13 | 8.98 | 7.86 | 61.83 | 12.01 | 7.41 | 5.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 180 | 180 | 180 | 180 | 180 | 180 | 180 |
| Reserves & surplus | 8,685 | 8,570 | 4,968 | 3,148 | 1,556 | 1,341 | 1,206 |
| Shareholders' funds (net worth) | 8,865 | 8,750 | 5,148 | 3,329 | 1,736 | 1,521 | 1,387 |
| Secured loans | 457 | 553 | 652 | 529 | 503 | 178 | 289 |
| Unsecured loans | 63.18 | 67.24 | 70.40 | 76.56 | 79.24 | 86.25 | 93.51 |
| Total debt | 520 | 620 | 722 | 605 | 582 | 264 | 382 |
| Total liabilities | 9,412 | 9,392 | 5,914 | 3,972 | 2,362 | 1,840 | 1,835 |
| Assets | |||||||
| Gross block | 2,161 | 1,963 | 1,899 | 1,863 | 1,443 | 1,304 | 2,045 |
| Net block | 1,575 | 1,483 | 1,523 | 1,590 | 1,250 | 1,188 | 1,145 |
| Capital work in progress | 201 | 274 | 258 | 170 | 350 | 150 | 210 |
| Investments | 7,695 | 7,784 | 3,647 | 1,722 | 13.89 | 13.89 | 14.50 |
| Inventories | 976 | 931 | 833 | 866 | 837 | 544 | 563 |
| Sundry debtors | 339 | 362 | 346 | 315 | 276 | 210 | 222 |
| Cash & bank balances | 228 | 157 | 252 | 117 | 66.37 | 69.34 | 51.97 |
| Loans & advances | 189 | 116 | 85.07 | 88.18 | 168 | 81.10 | 105 |
| Total current assets | 1,733 | 1,566 | 1,515 | 1,386 | 1,348 | 904 | 942 |
| Total current liabilities | 759 | 672 | 641 | 717 | 544 | 359 | 387 |
| Net working capital | 974 | 893 | 875 | 669 | 804 | 545 | 554 |
| Total assets | 9,412 | 9,392 | 5,914 | 3,972 | 2,362 | 1,840 | 1,835 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 99.79 | 192 | 10.18 | 14.68 | 17.40 | 5.21 | 1.61 |
| Net cash from operating activities | 390 | 192 | 244 | 278 | 43.16 | 223 | 208 |
| Net cash from investing activities | (122) | (91.32) | (83.17) | (219) | (335) | (59.97) | (126) |
| Net cash from financing activities | (188) | (194) | 21.22 | (63.28) | 289 | (151) | (79.12) |
| Net change in cash | 80.62 | (92.60) | 182 | (4.50) | (2.72) | 12.19 | 3.60 |
| Closing cash | 228 | 157 | 252 | 117 | 66.37 | 69.34 | 51.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.9% | +4.3% | -1.6% | +31.0% | +41.4% | +5.3% | - |
| EBITDA growth | +20.2% | +3.8% | -15.9% | +11.9% | +61.1% | +45.0% | - |
| PBT growth | +41.5% | +16.5% | -87.8% | +422.0% | +79.3% | +68.1% | -45.3% |
| Net income growth | +28.3% | +14.2% | -36.4% | +3.0% | +62.1% | +44.3% | - |
| Revenue CAGR (3Y) | +4.4% | +10.4% | +22.1% | +24.9% | +6.8% | -2.5% | +6.4% |
| EBITDA CAGR (3Y) | +1.6% | -0.8% | +14.9% | +37.7% | +18.8% | +1.5% | +5.5% |
| Profitability & leverage | |||||||
| Net income margin | +5.0% | +4.4% | +4.0% | +31.3% | +8.0% | +7.0% | +5.1% |
| Return on capital employed | +4.1% | +4.1% | +6.1% | +13.2% | +18.6% | +12.7% | +9.7% |
| Return on net worth | +2.4% | +2.5% | +3.7% | +10.2% | +16.9% | +12.2% | +9.4% |
| Debt / equity | 0.07 | 0.10 | 0.17 | 0.27 | 0.33 | 0.29 | 0.37 |
| Long-term debt / equity | 0.02 | 0.04 | 0.10 | 0.16 | 0.17 | 0.17 | 0.12 |
| Interest cover | 20.35 | 31.56 | 35.55 | 22.21 | 13.12 | 16.64 | 33.15 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.34 | 2.31 | 2.31 | 2.74 | 2.64 | 1.46 | 1.19 |
| Inventory turnover | 4.25 | 4.14 | 4.12 | 4.18 | 3.94 | 3.47 | 3.28 |
| Debtors turnover | 11.56 | 10.32 | 10.59 | 12.03 | 11.17 | 8.90 | 7.19 |
| EPS (₹) | 11.13 | 8.98 | 7.86 | 61.83 | 12.01 | 7.41 | 5.14 |
| Dividend per share (₹) | 1.00 | 0.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 473.67 | 466.76 | 265.91 | 163.96 | 77.62 | 64.93 | 56.79 |
Web traffic of Sunflag Steel
The website of Sunflag Steel (sunflagsteel.com) receives about 16.3K visits a month.
- Monthly visits16.3K
▲ 174.6% vs previous month
Websites whose visitors overlap most with Sunflag Steel. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| moil.nic.in | 100% | 228.4K | View details | ||
| sujana.com | 59% | View details | |||
| trivenigroup.com | 52% | 11.5K | #2,070,256 | View details | |
sunflag.com | sunflag.com | 44% | #8,548,621 | – | |
suratmunicipal.org | suratmunicipal.org | 30% | #811,873 | – |
Top companies in Contract & Outsourced Manufacturing
3 companies that operate in the same segment as Sunflag Steel (Contract & Outsourced Manufacturing) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial components, mould bases, and storage solutions are manufactured globally. | 1986 | Coimbatore, Tamil Nadu, India | USD 28 M | USD 853.09 M | 3,060 | |
Single- and three-phase transformers are manufactured in Mumbai. | 1993 | Mumbai, Maharashtra, India | USD 114.37 M | 618 | ||
Apparel and clothing are manufactured and exported on contract. | 1979 | Bengaluru, Karnataka, India | USD 400 M | 40,280 |
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Frequently Asked Questions about Sunflag Steel
Sunflag Steel was founded in 1989.
Sunflag Steel is headquartered in Nagpur, India. It is registered at Nagpur, Maharashtra, India.
Sunflag Steel has 3,800 employees.
The primary company behind Sunflag Steel, Sunflag Iron And Steel Co Ltd, reported revenue of ₹4,071 Cr for FY 2026, up 11% year on year.
Sunflag Steel, based in Nagpur, India, is recognized for producing high-quality steel, including special alloy and stainless steel. Operations are conducted through an integrated plant near Nagpur, with additional facilities in Bhandara. The company is committed to sustainable practices, incorporating clean steel technology and eco-friendly solutions. Steel products are supplied to various industrial sectors, with a focus on precision and durability. Research and development efforts are prioritized to enhance technological capabilities and maintain industry standards. Multiple branches across India ensure widespread distribution and customer support.
Sunflag Steel offers Special Alloy Steel and Stainless Steel.
Yes, Sunflag Steel is publicly traded on NSE under the ticker symbol SUNFLAG.
Sunflag Steel operates through Sunflag Iron And Steel Co Ltd.
The legal entities of Sunflag Steel currently have 10 directors, including Pranav Ravi Bhardwaj, Suhrit Ravi Bhushan Bhardwaj, Ashutosh Mishra and others.
