1. Sunflag Iron and Steel
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Sunflag Iron and Steel Share Price

SUNFLAG

₹216.57+₹1.35 (0.63%) TodayLast updated on 06 Dec, 2024 | 15:44 IST

Sunflag Iron and Steel Share Price Chart

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  • About Sunflag Iron and Steel
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About Sunflag Iron and Steel

Sunflag Iron and Steel Financials

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Market cap
Market Cap Switch₹3,903 Crs
Open
₹216.00
Close
₹215.22
Circuit range
₹259.88 - ₹173.25
Day range
₹215.00 - ₹220.27
Year range
₹175.00 - ₹274.95
Volume
2,43,919
Avg. traded
₹217.39
Revenue (12m)
₹3,533 Crs
Sunflag Iron and Steel

Sunflag Iron and Steel Company Limited is a member of the Sunflag Group. It was established under the leadership of Sunflag UK. The Sunflag Group was founded by Satyadev Bhardwaj in Kenya in 1937. The company was incorporated in 1984 and is currently dedicated to the production of steel products such as rolled products, billets and sponge iron.

The market capitalisation of Sunflag Iron and Steel Company Limited stood at ₹3,600 crore as of February 29, 2024. Sunflag share price has surged over 210% in the last three years.

Business Operations

Sunflag Iron and Steel Company Limited currently has a production capacity of 150,000 metric tons of direct reduced iron, 200,000 metric tons of mild & alloy steel rolled products, and a captive power plant with a capacity of 108 million kWh. It has established an integrated plant in Bhandara, Maharashtra, capable of producing 200,000 tonnes per annum of high-quality steel using iron ore and non-coking coal as primary inputs.

Its product range includes spring steel rounds, flats, carbon steel and alloy steel, catering to automobile leaf spring manufacturers, engineering goods manufacturers and the forging industry. Spring steel constitutes 70% of the total production.

In FY23, steel ingots and long products contributed to 92.08% of the company's total turnover, while pig iron contributed 7.86%, and sponge iron contributed only 0.01%.

The company exports its products to customers across South East Asia, North America, South America, East Africa, Europe, Japan, Taiwan, China, Turkey, South Korea and Vietnam. The contribution of exports is 1.94% of the total turnover of the company. All of the exports and domestic operations are done by the company's offices located in Nagpur, Bhandara, Mumbai, Pune, Delhi, Faridabad, Chennai and Bengaluru.

Sunflag Iron and Steel Company Limited's super alloy steel manufacturing facility was commissioned in FY23. This has been done to cater to requirements related to aircraft parts, defence sector, space vehicles, nuclear reactors, supercritical power plants, industrial and vehicle gas turbines, petrochemical plants and other high-temperature and corrosive applications. As part of the strategic business operations, the plant would reduce the company's dependency on automotive and auto ancillary industries.

During FY23, the company signed MoUs for four product categories with the Ministry of Steel under the production-linked incentive (PLI) Scheme-2013 for specialty steel.

Sunflag Iron and Steel Company Limited's subsidiaries include Sunflag Power Limited, Khappa Coal Company Private Limited and Sunflag Foundation. Regarding joint ventures, the company is involved with Madanpur (North) Coal Block Private Limited, CT Mining Private Limited, Daido DMS India Private Limited and Ramesh Sunwire Private Limited.

Financial Highlights

– Sunflag Iron and Steel’s revenue from operations for FY23 stood at ₹3,488.42 crore, up 29.2% compared to ₹2,698.26 crore in FY22. – The net profit after tax for FY23 was ₹1,115.31 crore compared to ₹217.02 crore during the previous year. – In FY23, the operating profit before working capital changes increased to ₹450.58 crore from the previous year’s ₹404.91 crore. – The company’s earnings per share (EPS) stood at ₹61.89 in FY23 compared to ₹12.04 in the previous financial year.

Sunflag Iron And Steel Key indicators

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52 week high
₹274.95
52 week low
₹175.00
P/E ratio
26.43
P/B ratio
0.59
ROE
3.66%
ROCE
6.21%
Dividend yield
--
Debt/Equity ratio
0.14
EPS
7.86

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Investment checklist: (2/6)
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Equity returns

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Safety factor

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Growth factor

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Debt vs Equity

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Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Sunflag Iron and Steel Fundamentals

Sunflag Iron and Steel Financial Ratios

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  • Profitability

  • Operational

  • Valuation

Operating profit margin

10.89%

Net profit margin

4.04%

ROE

3.66%

ROA

2.38%

ROCE

6.21%

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Sunflag Iron and Steel Shareholder returns

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1 day
+0.63%
1 week
+1.23%
1 month
+0.70%
3 months
+4.06%
1 year
+5.16%
3 years
+209.83%
5 years
+640.41%

Revenue statement

All values are in ₹ Crores (Cr)
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  • Revenue

  • Operating profit

  • Net profit

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Cash flow

All values are in ₹ Crores (Cr)
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  • Operating

  • Investing

  • Financing

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Balance sheet

All values are in ₹ Crores (Cr)
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Total assets

Total liabilities

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Sunflag Iron And Steel Share Price history

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DayOpenCloseChange %
Fri, Dec 6 2024
₹216.00
₹216.57
+0.63%
Thu, Dec 5 2024
₹217.34
₹215.22
-0.63%
Wed, Dec 4 2024
₹215.61
₹216.59
+0.45%
Tue, Dec 3 2024
₹214.20
₹215.61
-0.19%
Mon, Dec 2 2024
₹213.00
₹216.02
+0.98%
Fri, Nov 29 2024
₹208.30
₹213.93
+4.26%
Thu, Nov 28 2024
₹202.50
₹205.19
+1.08%
Wed, Nov 27 2024
₹200.11
₹202.99
+1.44%

Sunflag Iron and Steel Shareholding Pattern

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Promoters (51.16%)

Mutual Funds (0.1%)

Retail and other (47.83%)

Foreign institutions-FII (0.89%)

Other domestic institutions (0.02%)

Promoters

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FAQs on Sunflag Iron and Steel

What is the Sunflag Iron And Steel share price today?

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Sunflag Iron And Steel share price is ₹ 216.57 today.

What is today’s high & low share price of Sunflag Iron And Steel?

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Sunflag Iron And Steel share price high: ₹ 220.27 and low: ₹ 215.00

What is the Sunflag Iron And Steel share price high and low in the last 52 weeks on the NSE?

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52 Week share High Price is ₹ 274.95 and Low Price is ₹ 175.00

What is the Sunflag Iron And Steel Stock Symbol?

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The Sunflag Iron And Steel Stock symbol is SUNFLAG.

Can I buy Sunflag Iron And Steel shares on Holidays?

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No, shares of Sunflag Iron And Steel or any other publicly traded company cannot be bought or sold on holidays when the stock exchanges are closed. You can only buy or sell Sunflag Iron And Steel shares on days when the stock exchanges are open for trading. It's important to check the NSE & BSE holidays calendar, before placing any trades to avoid any inconvenience.