Sunflag Iron & Steel Company Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 8:54 pm

Market Cap	4,554 Cr.
Current Price	253
High / Low	311/182
Stock P/E	28.2
Book Value	385
Dividend Yield	0.00 %
ROCE	5.69 %
ROE	3.37 %
Face Value	10.0
PEG Ratio	9.95

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Sunflag Iron & Steel Company Ltd

Competitors of Sunflag Iron & Steel Company Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Modern Steels Ltd	22.3 Cr.	16.2	36.2/13.8	25.3	9.69	0.00 %	4.19 %	4.42 %	10.0
Ashiana Ispat Ltd	17.6 Cr.	22.2	62.6/18.1		46.4	0.00 %	7.41 %	1.79 %	10.0
Ahmedabad Steelcraft Ltd	449 Cr.	297	391/39.8	75.2	29.6	0.00 %	18.1 %	16.9 %	10.0
Sunflag Iron & Steel Company Ltd	4,554 Cr.	253	311/182	28.2	385	0.00 %	5.69 %	3.37 %	10.0
Kalyani Steels Ltd	3,294 Cr.	754	1,279/651	13.9	404	1.33 %	16.6 %	15.5 %	5.00
Industry Average	2,977.25 Cr	243.73		32.68	154.85	0.29%	11.65%	9.01%	8.33

All Competitor Stocks of Sunflag Iron & Steel Company Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	696	649	897	886	869	837	784	858	854	919	895	866	892
Expenses	609	570	827	723	753	740	704	759	757	820	815	767	781
Operating Profit	88	79	70	162	117	97	80	99	97	99	80	99	111
OPM %	13%	12%	8%	18%	13%	12%	10%	12%	11%	11%	9%	11%	12%
Other Income	1	1	1,194	1	3	2	2	1	1	2	3	8	3
Interest	14	12	15	17	22	27	24	23	26	24	21	25	22
Depreciation	19	20	20	20	20	21	26	26	26	26	26	26	26
Profit before tax	56	48	1,229	126	78	50	33	51	47	51	35	56	66
Tax %	25%	15%	25%	25%	24%	21%	23%	25%	23%	17%	21%	26%	23%
Net Profit	43	41	921	95	60	40	26	39	36	43	28	41	50
EPS in Rs	2.36	2.26	51.10	5.28	3.31	2.20	1.43	2.15	2.00	2.38	1.55	2.26	2.78

Last Updated: February 28, 2025, 4:52 pm

Below is a detailed analysis of the quarterly data for Sunflag Iron & Steel Company Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 892.00 Cr.. The value appears strong and on an upward trend. It has increased from 866.00 Cr. (Sep 2024) to 892.00 Cr., marking an increase of 26.00 Cr..
For Expenses, as of Dec 2024, the value is 781.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 767.00 Cr. (Sep 2024) to 781.00 Cr., marking an increase of 14.00 Cr..
For Operating Profit, as of Dec 2024, the value is 111.00 Cr.. The value appears strong and on an upward trend. It has increased from 99.00 Cr. (Sep 2024) to 111.00 Cr., marking an increase of 12.00 Cr..
For OPM %, as of Dec 2024, the value is 12.00%. The value appears strong and on an upward trend. It has increased from 11.00% (Sep 2024) to 12.00%, marking an increase of 1.00%.
For Other Income, as of Dec 2024, the value is 3.00 Cr.. The value appears to be declining and may need further review. It has decreased from 8.00 Cr. (Sep 2024) to 3.00 Cr., marking a decrease of 5.00 Cr..
For Interest, as of Dec 2024, the value is 22.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 25.00 Cr. (Sep 2024) to 22.00 Cr., marking a decrease of 3.00 Cr..
For Depreciation, as of Dec 2024, the value is 26.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 26.00 Cr..
For Profit before tax, as of Dec 2024, the value is 66.00 Cr.. The value appears strong and on an upward trend. It has increased from 56.00 Cr. (Sep 2024) to 66.00 Cr., marking an increase of 10.00 Cr..
For Tax %, as of Dec 2024, the value is 23.00%. The value appears to be improving (decreasing) as expected. It has decreased from 26.00% (Sep 2024) to 23.00%, marking a decrease of 3.00%.
For Net Profit, as of Dec 2024, the value is 50.00 Cr.. The value appears strong and on an upward trend. It has increased from 41.00 Cr. (Sep 2024) to 50.00 Cr., marking an increase of 9.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 2.78. The value appears strong and on an upward trend. It has increased from 2.26 (Sep 2024) to 2.78, marking an increase of 0.52.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: April 14, 2025, 4:05 am

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,521	1,470	1,640	1,524	1,456	2,018	2,186	1,758	1,892	2,698	3,488	3,415	3,572
Expenses	1,402	1,323	1,471	1,346	1,311	1,782	1,949	1,588	1,638	2,300	3,043	3,040	3,184
Operating Profit	118	147	169	178	145	237	237	170	254	398	446	375	388
OPM %	8%	10%	10%	12%	10%	12%	11%	10%	13%	15%	13%	11%	11%
Other Income	8	5	5	9	8	17	11	11	11	5	1,201	8	16
Interest	82	73	71	65	35	35	39	41	29	42	81	97	92
Depreciation	56	61	51	36	33	34	38	46	70	76	81	103	104
Profit before tax	-12	18	52	86	85	184	172	94	166	285	1,485	183	207
Tax %	-0%	-18%	53%	35%	23%	30%	36%	2%	15%	24%	25%	22%
Net Profit	-12	22	24	56	65	129	110	92	141	217	1,115	144	162
EPS in Rs	-0.77	1.34	1.35	3.12	3.62	7.14	6.12	5.11	7.80	12.04	61.89	7.96	8.97
Dividend Payout %	-0%	-0%	-0%	-0%	-0%	7%	8%	-0%	-0%	-0%	-0%	-0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	283.33%	9.09%	133.33%	16.07%	98.46%	-14.73%	-16.36%	53.26%	53.90%	413.82%	-87.09%
Change in YoY Net Profit Growth (%)	0.00%	-274.24%	124.24%	-117.26%	82.39%	-113.19%	-1.63%	69.62%	0.64%	359.92%	-500.91%

Sunflag Iron & Steel Company Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	9%
5 Years:	9%
3 Years:	22%
TTM:	7%

Compounded Profit Growth
10 Years:	21%
5 Years:	5%
3 Years:	1%
TTM:	15%

Stock Price CAGR
10 Years:	28%
5 Years:	57%
3 Years:	29%
1 Year:	17%

Return on Equity
10 Years:	8%
5 Years:	7%
3 Years:	7%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 7:34 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	167	167	185	180	180	180	180	180	180	180	180	180	180
Reserves	319	341	403	463	529	657	760	1,205	1,353	1,569	3,162	4,984	6,757
Borrowings	506	477	421	250	330	341	352	387	268	587	609	727	603
Other Liabilities	377	330	333	355	342	389	477	637	588	755	991	1,132	1,424
Total Liabilities	1,368	1,314	1,342	1,248	1,381	1,566	1,769	2,409	2,389	3,091	4,942	7,022	8,965
Fixed Assets	620	586	572	543	513	515	537	1,147	1,190	1,252	1,591	1,525	1,474
CWIP	58	37	29	26	69	130	202	233	173	373	193	281	307
Investments	4	4	4	7	9	9	12	11	16	17	1,726	3,642	5,721
Other Assets	686	686	736	671	791	913	1,019	1,019	1,011	1,449	1,432	1,574	1,464
Total Assets	1,368	1,314	1,342	1,248	1,381	1,566	1,769	2,409	2,389	3,091	4,942	7,022	8,965

Below is a detailed analysis of the balance sheet data for Sunflag Iron & Steel Company Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹180.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 180.00 Cr..
For Reserves, as of Sep 2024, the value is ₹6,757.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,984.00 Cr. (Mar 2024) to ₹6,757.00 Cr., marking an increase of 1,773.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹603.00 Cr.. The value appears to be improving (decreasing). Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has decreased from 727.00 Cr. (Mar 2024) to ₹603.00 Cr., marking a decrease of 124.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹1,424.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 1,132.00 Cr. (Mar 2024) to ₹1,424.00 Cr., marking an increase of 292.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹8,965.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,022.00 Cr. (Mar 2024) to ₹8,965.00 Cr., marking an increase of 1,943.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹1,474.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,525.00 Cr. (Mar 2024) to ₹1,474.00 Cr., marking a decrease of 51.00 Cr..
For CWIP, as of Sep 2024, the value is ₹307.00 Cr.. The value appears strong and on an upward trend. It has increased from 281.00 Cr. (Mar 2024) to ₹307.00 Cr., marking an increase of 26.00 Cr..
For Investments, as of Sep 2024, the value is ₹5,721.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,642.00 Cr. (Mar 2024) to ₹5,721.00 Cr., marking an increase of 2,079.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹1,464.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,574.00 Cr. (Mar 2024) to ₹1,464.00 Cr., marking a decrease of 110.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹8,965.00 Cr.. The value appears strong and on an upward trend. It has increased from 7,022.00 Cr. (Mar 2024) to ₹8,965.00 Cr., marking an increase of 1,943.00 Cr..

Notably, the Reserves (6,757.00 Cr.) exceed the Borrowings (603.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	239	107	78	236	-18	117	177	209	223	43	278	244
Cash from Investing Activity +	-54	-7	-4	-13	-33	-97	-141	-125	-60	-335	-219	-83
Cash from Financing Activity +	-185	-103	-71	-213	60	-41	-39	-79	-151	289	-63	21
Net Cash Flow	-0	-3	3	10	10	-20	-3	5	12	-3	-4	182

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-388.00	-330.00	-252.00	-72.00	-185.00	-104.00	-115.00	-217.00	-14.00	-189.00	-163.00	-352.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	37	52	42	53	62	55	48	46	41	37	33	37
Inventory Days	124	130	140	129	166	130	147	190	164	186	142	137
Days Payable	91	82	70	64	59	57	71	106	80	102	93	87
Cash Conversion Cycle	70	100	112	118	169	128	124	130	124	122	83	88
Working Capital Days	59	71	74	65	110	91	90	90	92	100	58	67
ROCE %	7%	9%	12%	16%	12%	20%	17%	9%	11%	16%	12%	6%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%	51.16%
FIIs	0.22%	0.43%	0.33%	0.31%	0.88%	0.73%	0.96%	0.93%	0.80%	0.86%	0.89%	0.60%
DIIs	0.04%	0.04%	0.04%	0.04%	0.04%	0.05%	0.04%	0.08%	0.10%	0.10%	0.12%	0.13%
Public	48.58%	48.37%	48.47%	48.50%	47.92%	48.07%	47.84%	47.83%	47.95%	47.87%	47.82%	48.10%
No. of Shareholders	72,601	66,081	66,555	63,974	61,232	60,136	66,897	67,612	66,392	65,359	66,811	65,542

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Motilal Oswal Nifty Microcap 250 Index Fund	75,135	0.25	1.57	75,135	2025-04-22 15:56:53	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	7.97	61.89	12.04	7.80	5.11
Diluted EPS (Rs.)	7.97	61.89	12.04	7.80	5.11
Cash EPS (Rs.)	13.58	66.31	16.24	11.68	7.70
Book Value[Excl.RevalReserv]/Share (Rs.)	286.61	185.54	97.13	85.14	76.94
Book Value[Incl.RevalReserv]/Share (Rs.)	286.61	185.54	97.13	85.14	76.94
Revenue From Operations / Share (Rs.)	189.51	193.56	149.72	104.96	97.55
PBDIT / Share (Rs.)	21.15	25.13	22.36	14.66	10.17
PBIT / Share (Rs.)	15.44	20.66	18.12	10.77	7.60
PBT / Share (Rs.)	10.07	82.34	15.78	9.17	5.24
Net Profit / Share (Rs.)	7.86	61.83	12.01	7.78	5.14
NP After MI And SOA / Share (Rs.)	7.96	61.88	12.04	7.80	5.11
PBDIT Margin (%)	11.16	12.98	14.93	13.96	10.42
PBIT Margin (%)	8.14	10.67	12.10	10.25	7.79
PBT Margin (%)	5.31	42.54	10.53	8.74	5.36
Net Profit Margin (%)	4.14	31.94	8.02	7.41	5.26
NP After MI And SOA Margin (%)	4.20	31.97	8.04	7.43	5.23
Return on Networth / Equity (%)	2.77	33.36	12.40	9.17	6.64
Return on Capital Employeed (%)	4.65	9.17	14.78	9.93	7.60
Return On Assets (%)	2.04	22.56	7.03	5.86	3.83
Long Term Debt / Equity (X)	0.05	0.11	0.11	0.08	0.08
Total Debt / Equity (X)	0.12	0.16	0.30	0.10	0.19
Asset Turnover Ratio (%)	0.57	0.86	0.98	0.79	0.84
Current Ratio (X)	1.45	1.56	1.53	2.06	1.56
Quick Ratio (X)	0.65	0.58	0.57	0.83	0.61
Inventory Turnover Ratio (X)	2.70	2.65	2.77	1.98	1.91
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	11.79
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	7.85
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	88.21
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	92.15
Interest Coverage Ratio (X)	3.94	5.58	9.54	9.21	4.30
Interest Coverage Ratio (Post Tax) (X)	2.46	0.03	6.12	5.89	3.17
Enterprise Value (Cr.)	3759.88	3096.64	1598.22	1224.94	651.48
EV / Net Operating Revenue (X)	1.10	0.88	0.59	0.64	0.37
EV / EBITDA (X)	9.86	6.84	3.97	4.64	3.56
MarketCap / Net Operating Revenue (X)	0.97	0.76	0.42	0.59	0.24
Retention Ratios (%)	0.00	0.00	0.00	0.00	88.20
Price / BV (X)	0.64	0.79	0.64	0.73	0.31
Price / Net Operating Revenue (X)	0.97	0.76	0.42	0.59	0.24
EarningsYield	0.04	0.41	0.19	0.12	0.21

After reviewing the key financial ratios for Sunflag Iron & Steel Company Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 7.97. This value is within the healthy range. It has decreased from 61.89 (Mar 23) to 7.97, marking a decrease of 53.92.
For Diluted EPS (Rs.), as of Mar 24, the value is 7.97. This value is within the healthy range. It has decreased from 61.89 (Mar 23) to 7.97, marking a decrease of 53.92.
For Cash EPS (Rs.), as of Mar 24, the value is 13.58. This value is within the healthy range. It has decreased from 66.31 (Mar 23) to 13.58, marking a decrease of 52.73.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 286.61. It has increased from 185.54 (Mar 23) to 286.61, marking an increase of 101.07.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 286.61. It has increased from 185.54 (Mar 23) to 286.61, marking an increase of 101.07.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 189.51. It has decreased from 193.56 (Mar 23) to 189.51, marking a decrease of 4.05.
For PBDIT / Share (Rs.), as of Mar 24, the value is 21.15. This value is within the healthy range. It has decreased from 25.13 (Mar 23) to 21.15, marking a decrease of 3.98.
For PBIT / Share (Rs.), as of Mar 24, the value is 15.44. This value is within the healthy range. It has decreased from 20.66 (Mar 23) to 15.44, marking a decrease of 5.22.
For PBT / Share (Rs.), as of Mar 24, the value is 10.07. This value is within the healthy range. It has decreased from 82.34 (Mar 23) to 10.07, marking a decrease of 72.27.
For Net Profit / Share (Rs.), as of Mar 24, the value is 7.86. This value is within the healthy range. It has decreased from 61.83 (Mar 23) to 7.86, marking a decrease of 53.97.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 7.96. This value is within the healthy range. It has decreased from 61.88 (Mar 23) to 7.96, marking a decrease of 53.92.
For PBDIT Margin (%), as of Mar 24, the value is 11.16. This value is within the healthy range. It has decreased from 12.98 (Mar 23) to 11.16, marking a decrease of 1.82.
For PBIT Margin (%), as of Mar 24, the value is 8.14. This value is below the healthy minimum of 10. It has decreased from 10.67 (Mar 23) to 8.14, marking a decrease of 2.53.
For PBT Margin (%), as of Mar 24, the value is 5.31. This value is below the healthy minimum of 10. It has decreased from 42.54 (Mar 23) to 5.31, marking a decrease of 37.23.
For Net Profit Margin (%), as of Mar 24, the value is 4.14. This value is below the healthy minimum of 5. It has decreased from 31.94 (Mar 23) to 4.14, marking a decrease of 27.80.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 4.20. This value is below the healthy minimum of 8. It has decreased from 31.97 (Mar 23) to 4.20, marking a decrease of 27.77.
For Return on Networth / Equity (%), as of Mar 24, the value is 2.77. This value is below the healthy minimum of 15. It has decreased from 33.36 (Mar 23) to 2.77, marking a decrease of 30.59.
For Return on Capital Employeed (%), as of Mar 24, the value is 4.65. This value is below the healthy minimum of 10. It has decreased from 9.17 (Mar 23) to 4.65, marking a decrease of 4.52.
For Return On Assets (%), as of Mar 24, the value is 2.04. This value is below the healthy minimum of 5. It has decreased from 22.56 (Mar 23) to 2.04, marking a decrease of 20.52.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.05. This value is below the healthy minimum of 0.2. It has decreased from 0.11 (Mar 23) to 0.05, marking a decrease of 0.06.
For Total Debt / Equity (X), as of Mar 24, the value is 0.12. This value is within the healthy range. It has decreased from 0.16 (Mar 23) to 0.12, marking a decrease of 0.04.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.57. It has decreased from 0.86 (Mar 23) to 0.57, marking a decrease of 0.29.
For Current Ratio (X), as of Mar 24, the value is 1.45. This value is below the healthy minimum of 1.5. It has decreased from 1.56 (Mar 23) to 1.45, marking a decrease of 0.11.
For Quick Ratio (X), as of Mar 24, the value is 0.65. This value is below the healthy minimum of 1. It has increased from 0.58 (Mar 23) to 0.65, marking an increase of 0.07.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 2.70. This value is below the healthy minimum of 4. It has increased from 2.65 (Mar 23) to 2.70, marking an increase of 0.05.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 3.94. This value is within the healthy range. It has decreased from 5.58 (Mar 23) to 3.94, marking a decrease of 1.64.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 2.46. This value is below the healthy minimum of 3. It has increased from 0.03 (Mar 23) to 2.46, marking an increase of 2.43.
For Enterprise Value (Cr.), as of Mar 24, the value is 3,759.88. It has increased from 3,096.64 (Mar 23) to 3,759.88, marking an increase of 663.24.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.10. This value is within the healthy range. It has increased from 0.88 (Mar 23) to 1.10, marking an increase of 0.22.
For EV / EBITDA (X), as of Mar 24, the value is 9.86. This value is within the healthy range. It has increased from 6.84 (Mar 23) to 9.86, marking an increase of 3.02.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 0.97. This value is below the healthy minimum of 1. It has increased from 0.76 (Mar 23) to 0.97, marking an increase of 0.21.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 0.64. This value is below the healthy minimum of 1. It has decreased from 0.79 (Mar 23) to 0.64, marking a decrease of 0.15.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 0.97. This value is below the healthy minimum of 1. It has increased from 0.76 (Mar 23) to 0.97, marking an increase of 0.21.
For EarningsYield, as of Mar 24, the value is 0.04. This value is below the healthy minimum of 5. It has decreased from 0.41 (Mar 23) to 0.04, marking a decrease of 0.37.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sunflag Iron & Steel Company Ltd as of April 24, 2025 is: 298.56

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 24, 2025, Sunflag Iron & Steel Company Ltd is Undervalued by 18.01% compared to the current share price 253.00

Intrinsic Value of Sunflag Iron & Steel Company Ltd as of April 24, 2025 is: 307.02

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 24, 2025, Sunflag Iron & Steel Company Ltd is Undervalued by 21.35% compared to the current share price 253.00

Last 5 Year EPS CAGR: 2.83%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (1,730.92 cr) compared to borrowings (450.62 cr), indicating strong financial stability. The company has shown consistent growth in sales (1.69 cr) and profit (117.00 cr) over the years.	The stock has a low average ROCE of 12.25%, which may not be favorable. The stock has a high average Working Capital Days of 80.58, which may not be favorable. The stock has a high average Cash Conversion Cycle of 114.00, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Sunflag Iron & Steel Company Ltd:
1. Net Profit Margin: 4.14%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 4.65% (Industry Average ROCE: 11.65%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 2.77% (Industry Average ROE: 9.01%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 2.46
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.65
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 28.2 (Industry average Stock P/E: 27.23)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.12
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Sunflag Iron & Steel Company Ltd. is a Public Limited Listed company incorporated on 12/09/1984 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L27100MH1984PLC034003 and registration number is 034003. Currently Company is involved in the business activities of Manufacture of basic iron and steel. Company's Total Operating Revenue is Rs. 3415.28 Cr. and Equity Capital is Rs. 180.22 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Steel - Rolling	33/1, Mount Road, Sadar, Nagpur Maharashtra 440001	investor@sunflagsteel.com http://www.sunflagsteel.com

Management
Name	Position Held
Mr. Ravi Bhushan Bhardwaj	Non Executive Chairman
Mr. Pranav Bhardwaj	Managing Director
CA. Neelam Kothari	Ind. Non-Executive Director
Mr. Sajiv Dhawan	Ind. Non-Executive Director
Mr. Anand Sadashiv Kapre	Ind. Non-Executive Director
CA. Vinita Bahri	Ind. Non-Executive Director
Mr. Ramchandra Vasant Dalvi	Director - Technical
Mr. Suhrit Bhardwaj	Non Executive Director
CA. M A V Goutham	Ind. Non-Executive Director
Mr. Tirthnath Jha	Ind. Non-Executive Director

FAQ

What is the intrinsic value of Sunflag Iron & Steel Company Ltd?

Sunflag Iron & Steel Company Ltd's intrinsic value (as of 24 April 2025) is ₹298.56 — 18.01% higher the current market price of 253.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 4,554 Cr. market cap, FY2025-2026 high/low of ₹311/182, reserves of 6,757 Cr, and liabilities of 8,965 Cr.

What is the Market Cap of Sunflag Iron & Steel Company Ltd?

The Market Cap of Sunflag Iron & Steel Company Ltd is 4,554 Cr..

What is the current Stock Price of Sunflag Iron & Steel Company Ltd as on 24 April 2025?

The current stock price of Sunflag Iron & Steel Company Ltd as on 24 April 2025 is 253.

What is the High / Low of Sunflag Iron & Steel Company Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Sunflag Iron & Steel Company Ltd stocks is ₹311/182.

What is the Stock P/E of Sunflag Iron & Steel Company Ltd?

The Stock P/E of Sunflag Iron & Steel Company Ltd is 28.2.

What is the Book Value of Sunflag Iron & Steel Company Ltd?

The Book Value of Sunflag Iron & Steel Company Ltd is 385.

What is the Dividend Yield of Sunflag Iron & Steel Company Ltd?

The Dividend Yield of Sunflag Iron & Steel Company Ltd is 0.00 %.

What is the ROCE of Sunflag Iron & Steel Company Ltd?

The ROCE of Sunflag Iron & Steel Company Ltd is 5.69 %.

What is the ROE of Sunflag Iron & Steel Company Ltd?

The ROE of Sunflag Iron & Steel Company Ltd is 3.37 %.

What is the Face Value of Sunflag Iron & Steel Company Ltd?

The Face Value of Sunflag Iron & Steel Company Ltd is 10.0.