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Sunflag Iron & Steel Company Ltd (SUNFLAG)

₹259.432.14%

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Overview
News
Financials
Q3 '23 Results
Technicals

Performance

  • ₹259.43
    ₹259.43
  • 52 Week's Low

    52 Week's High

    ₹159.05
    ₹274.79
1 Month Return+ 22.01 %
3 Month Return+ 25.78 %
1 Year Return+ 17.66 %
Previous Close₹265.09
Open₹259.43
Volume8.26L
Upper Circuit-
Lower Circuit-
Market Cap₹4,777.44Cr

Key Statistics

P/E Ratio33.3
PEG Ratio-0.62
Market Cap₹4,777.44 Cr
P/B Ratio0.9
EPS6.12

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Motilal Oswal Nifty Microcap 250 Index Fund Direct GrowthMotilal Oswal Nifty Microcap 250 Index Fund Direct Growth0.21%
Groww Nifty Total Market Index Fund Direct GrowthGroww Nifty Total Market Index Fund Direct Growth0.01%

Company Information

Founded in Kenya in 1937, Sunflag Iron and Steel Company Limited is now an established unit of the Sunflag Group, owned by Satyadev Bhardwaj. Their integrated plant in India provides high quality steel, made from iron ore and non-coking coal, to be used in the automobile leaf spring, engineering goods and forgings industry. The plant features a 150,000 metric ton Direct Reduction Plant, a 50-60 metric ton ultra-high power Electric Arc Furnace, a 18 stand Continuous mill and a 15.5 MW Waste Heat Recovery Project. The company also produces high-value stainless steel, which has a high potential for tremendous growth in both domestic and international markets.

Share Price: ₹259.43 per share as on 15 Jul, 2024 01:07 PM
Market Capitalisation: ₹4,777.44Cr as of today
Revenue: ₹919.03Cr as on March 2024 (Q1 24)
Net Profit: ₹42.10Cr as on March 2024 (Q1 24)
Listing date: 15 May, 1995
Chairperson Name: Ravi Bhushan Bhardwaj
OrganisationSunflag Iron & Steel Company Ltd
HeadquartersNagpur
IndustrySteel
E-voting on sharesClick here to vote

Key events for Sunflag Iron & Steel Company Ltd

  • Sunflag Iron & Steel Company Ltd Shares Rise by 26% - 14 Jul, 2024

    Sunflag Iron & Steel Company Ltd shares have risen by 26% in the last month, with a 21% rise over the past year. However, its P/S ratio of 1.4x is higher than the median P/S in India's Metals and Mining industry at about 1.2x. The company's receding revenue may cause concern for existing shareholders.

  • Sunflag Iron & Steel's Balance Sheet Raises Concerns - 05 Jul, 2024

    Sunflag Iron and Steel has a net debt of about ₹4.17b and liabilities of ₹10.5b due within 12 months, with liabilities totaling ₹12.5b more than its cash and short-term receivables. Its low debt to EBITDA ratio of 1.1 suggests only modest use of debt, but the fact that EBIT only covered interest expense by 2.8 times last year raises concerns.

Insights on Sunflag Iron & Steel Company Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, SUNFLAG stock has moved up by 22.0%

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 47.82% to 47.95% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, SUNFLAG has outperformed top 5 stocks with highest market-cap in Iron & Steel

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 855.05 Cr → 921.07 Cr (in ₹), with an average increase of 7.2% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 0.06% to 0.08% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 35.96 Cr → 42.96 Cr (in ₹), with an average increase of 16.3% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Bharat Forge Ltd has given 86.9% return, outperforming this stock by 69.2%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 51.16% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 0.93% to 0.80% in Mar 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹919.03Cr
↑7.64%
Net Income
₹42.10Cr
↑17.27%
Net Profit Margin
4.58%
↑9.05%
2023Y/Y Change
Revenue
₹3,559.61Cr
↑30.97%
Net Income
₹1,115.31Cr
↑413.92%
Net Profit Margin
31.33%
↑292.61%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹4,949.43Cr
↑59.79%
Total Liabilities
₹1,620.92Cr
↑19.08%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹277.81Cr
↑543.67%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
51.16%
0.00
Foreign Institutions
0.8%
0.00
Mutual Funds
0.08%
0.00
Retail Investors
47.95%
0.00
Others
0.02%
0.00

Key Indicators

Sunflag Iron & Steel Company Ltd Valuation

Sunflag Iron & Steel Company Ltd in the last 5 years

  • Overview

  • Trends

Lowest (1.33x)

October 21, 2022

Industry (29.78x)

July 12, 2024

Today (33.30x)

July 12, 2024

Highest (33.40x)

July 8, 2024

LowHigh

Earnings and Dividends

  • Sunflag Iron & Steel Company Ltd Earnings Results

    Sunflag Iron & Steel Company Ltd’s net profit jumped 8.21% since last year same period to ₹42.96Cr in the Q4 2023-2024. On a quarterly growth basis, Sunflag Iron & Steel Company Ltd has generated 19.47% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Sunflag Iron & Steel Company Ltd Dividends May,2019

    In the quarter ending March 2019, Sunflag Iron & Steel Company Ltd has declared dividend of ₹0.50 - translating a dividend yield of 0.38%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Sunflag Iron & Steel Company Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Sunflag Iron & Steel Company Ltd (SUNFLAG) share price today is ₹259.43

Sunflag Iron & Steel Company Ltd is listed on NSE

Sunflag Iron & Steel Company Ltd is listed on BSE

  • Today’s highest price of Sunflag Iron & Steel Company Ltd is ₹259.43.
  • Today’s lowest price of Sunflag Iron & Steel Company Ltd is ₹259.43.

PE Ratio of Sunflag Iron & Steel Company Ltd is 33.3

PE ratio = Sunflag Iron & Steel Company Ltd Market price per share / Sunflag Iron & Steel Company Ltd Earnings per share

Today’s traded volume of Sunflag Iron & Steel Company Ltd(SUNFLAG) is 8.26L.

Today’s market capitalisation of Sunflag Iron & Steel Company Ltd(SUNFLAG) is ₹4777.44Cr.

Sunflag Iron & Steel Company Ltd(SUNFLAGPrice
52 Week High
₹274.79
52 Week Low
₹159.05

Sunflag Iron & Steel Company Ltd(SUNFLAG) share price is ₹259.43. It is down -5.59% from its 52 Week High price of ₹274.79

Sunflag Iron & Steel Company Ltd(SUNFLAG) share price is ₹259.43. It is up 63.11% from its 52 Week Low price of ₹159.05

Sunflag Iron & Steel Company Ltd(SUNFLAGReturns
1 Day Returns
-5.66%
1 Month Returns
22.01%
3 Month Returns
25.78%
1 Year Returns
17.66%