Synopsis:
Sunflag Iron & Steel Co. Ltd reported a 13% increase in Q1 revenue to ₹1,013 crore YoY, while its net profit grew 124% YoY to ₹62.6 crore.
The shares of the Small-Cap company, specializing in the production of high-quality steel products, including various grades of alloy and stainless steels, jumped by upto 7 percent following their Q1 Results with a 124 percent rise in Profit YoY.
With a market capitalization of 5,382.25 Crores on Tuesday, the shares of Sunflag Iron & Steel Company Ltd jumped upto 7.2 percent, making a high of Rs. 309.85 compared to its previous close of Rs. 289.00.
Sunflag Iron & Steel Company Ltd, engaged in the production of high-quality steel products, including various grades of alloy and stainless steels, has announced its Q1 results as follows:
Its Revenue from operations rose by 13 percent YoY from Rs. 895 Crores in Q1FY25 to Rs. 1,013 Crores in Q1FY26, and it rose by 15 percent QoQ from Rs. 883 Crores in Q4FY25 to Rs. 1,013 Crores in Q1FY26.
Its Net Profit YoY rose by 124 percent from Rs. 27.9 Crores in Q1FY25 to Rs. 62.6 Crores in Q1FY26, and it rose by 45 percent QoQ from Rs. 43.2 Crores in Q4FY25 to Rs. 62.6 Crores in Q1FY26. The earnings per share (EPS) for the quarter stood at Rs. 3.47, compared to Rs. 2.40 in the previous year’s quarter.
The company maintains a low debt-to-equity ratio of 0.07, indicating strong financial stability. The company’s current assets exceed its current liabilities, reflecting a healthy liquidity position.
Company Overview & Others
Sunflag Iron & Steel Co. Ltd. is a prominent unit of the SUN FLAG GROUP, located at Bhandara, Maharashtra. It was incorporated as a public limited company in 1984 and started its steel operations in 1989 with a state-of-the-art integrated plant.
Over the years, Sunflag has established itself as a leading producer of high-quality special steels, with a current production capacity of up to 500,000 tonnes per annum, serving both domestic and global clients.
The company’s plant utilizes advanced technology and equipment, including mini blast furnaces, sponge iron plants, electric arc furnaces, ladle refining, and continuous casting facilities. Its portfolio includes a wide range of steel products such as carbon steels, alloy steels, stainless steels, micro-alloyed steels, spring steels, and superalloys like INCONEL, INVAR, NIMONIC, and HASTE alloy.
These products are supplied in various profiles, including round bars, hexagonal and flat bars, and bright bars, primarily for use in the automotive industry (engine, transmission, suspension components) as well as in railways, ordnance factories, and general engineering.
It is a preferred supplier for major Original Equipment Manufacturers (OEMs) in the automotive sector, catering to clients like TVS, Maruti Suzuki, Ford, Bajaj, Toyota, Nissan, and Tata. It provides specialized steel for critical components such as gears, drive shafts, steering systems, bearings, exhausts, and engine parts.
Written by Sridhar J
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