BSE:500404

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Sunflag Iron and Steel

Executive Summary

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India. More Details


Snowflake Analysis

Undervalued with excellent balance sheet.


Similar Companies

Share Price & News

How has Sunflag Iron and Steel's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 500404 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.7%

500404

6.7%

IN Metals and Mining

-0.6%

IN Market


1 Year Return

80.0%

500404

4.4%

IN Metals and Mining

2.2%

IN Market

Return vs Industry: 500404 exceeded the Indian Metals and Mining industry which returned 2.3% over the past year.

Return vs Market: 500404 exceeded the Indian Market which returned 1.1% over the past year.


Shareholder returns

500404IndustryMarket
7 Day5.7%6.7%-0.6%
30 Day2.1%-1.0%0.2%
90 Day15.4%16.2%6.7%
1 Year80.0%80.0%8.1%4.4%3.9%2.2%
3 Year-42.0%-43.5%-29.1%-36.2%2.6%-2.4%
5 Year143.2%136.7%69.7%41.2%41.3%30.8%

Price Volatility Vs. Market

How volatile is Sunflag Iron and Steel's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sunflag Iron and Steel undervalued compared to its fair value and its price relative to the market?

28.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 500404 (₹45.45) is trading below our estimate of fair value (₹63.82)

Significantly Below Fair Value: 500404 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 500404 is good value based on its PE Ratio (11.2x) compared to the IN Metals and Mining industry average (13.3x).

PE vs Market: 500404 is good value based on its PE Ratio (11.2x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500404's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500404 is good value based on its PB Ratio (0.6x) compared to the IN Metals and Mining industry average (0.8x).


Next Steps

Future Growth

How is Sunflag Iron and Steel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

52.6%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Sunflag Iron and Steel has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Sunflag Iron and Steel performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500404 has high quality earnings.

Growing Profit Margin: 500404's current net profit margins (4.9%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: 500404's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: 500404's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500404 had negative earnings growth (-1.4%) over the past year, making it difficult to compare to the Metals and Mining industry average (-36.6%).


Return on Equity

High ROE: 500404's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is Sunflag Iron and Steel's financial position?


Financial Position Analysis

Short Term Liabilities: 500404's short term assets (₹9.3B) exceed its short term liabilities (₹6.0B).

Long Term Liabilities: 500404's short term assets (₹9.3B) exceed its long term liabilities (₹4.1B).


Debt to Equity History and Analysis

Debt Level: 500404's debt to equity ratio (14.9%) is considered satisfactory.

Reducing Debt: 500404's debt to equity ratio has reduced from 63% to 14.9% over the past 5 years.

Debt Coverage: 500404's debt is well covered by operating cash flow (105.1%).

Interest Coverage: 500404's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Sunflag Iron and Steel current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 500404's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 500404's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 500404's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 500404's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 500404 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 500404's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Pranav Bhardwaj (46 yo)

5.17yrs

Tenure

₹49,743,061

Compensation

Mr. Pranav Ravi Bhardwaj has been the Managing Director at Sunflag Iron And Steel Company Limited since August 12, 2015. Mr. Bhardwaj served as Joint Managing Director of Sunflag Iron And Steel Company Lim ...


CEO Compensation Analysis

Compensation vs Market: Pranav's total compensation ($USD677.34K) is above average for companies of similar size in the Indian market ($USD56.15K).

Compensation vs Earnings: Pranav's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Pranav Bhardwaj
MD & Executive Director5.17yrs₹49.74m2.89%
₹ 231.0m
S. Iyer
Chief Financial Officer1yr₹2.00mno data
Ashutosh Mishra
Company Secretary & Compliance Officer1.92yrs₹3.00mno data
Rambhatla Muralidhar
Executive Director of Finance & Whole-time Director3.17yrs₹9.28mno data
Surendra Kumar Gupta
Deputy MD & Executive Director13.42yrs₹10.87mno data
Ramchandra Dalvi
Executive Director of Works & Whole-time Director3.17yrs₹7.48mno data

2.5yrs

Average Tenure

65yo

Average Age

Experienced Management: 500404's management team is considered experienced (2.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Pranav Bhardwaj
MD & Executive Director5.17yrs₹49.74m2.89%
₹ 231.0m
Rambhatla Muralidhar
Executive Director of Finance & Whole-time Director3.17yrs₹9.28mno data
Surendra Kumar Gupta
Deputy MD & Executive Director13.42yrs₹10.87mno data
Ramchandra Dalvi
Executive Director of Works & Whole-time Director3.17yrs₹7.48mno data
Anand Kapre
Non-Executive Independent Director0.92yr₹60.00k0.0047%
₹ 377.7k
Edayathimangalam Chandra Shekar
Non-Executive Independent Director29.08yrs₹452.00k0.0011%
₹ 88.8k
Ravi Bhushan Satya Bhardwaj
Non-Executive Chairman3.83yrs₹9.20m1.99%
₹ 159.4m
Kumar Singh
Non Executive Independent Director6.42yrs₹403.00kno data
Suhrit Ravi Bhardwaj
Non Executive Director3.58yrsno data7.33%
₹ 586.9m
Neelam Kothari
Independent Non-Executive Director6.08yrs₹332.00kno data
Sajiv Dhawan
Additional Non-Executive Independent Director1.17yrs₹45.00kno data
Vinita Bahri
Independent Non-Executive Director0.58yr₹15.00kno data

3.7yrs

Average Tenure

66.5yo

Average Age

Experienced Board: 500404's board of directors are considered experienced (3.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 500404 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sunflag Iron and Steel Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sunflag Iron and Steel Company Limited
  • Ticker: 500404
  • Exchange: BSE
  • Founded: 1984
  • Industry: Steel
  • Sector: Materials
  • Market Cap: ₹8.002b
  • Shares outstanding: 180.22m
  • Website: https://www.sunflagsteel.com

Number of Employees


Location

  • Sunflag Iron and Steel Company Limited
  • 33 Mount Road
  • Sadar
  • Nagpur
  • Maharashtra
  • 440001
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
500404BSE (Mumbai Stock Exchange)YesEquity SharesININRDec 2001
SUNFLAGNSEI (National Stock Exchange of India)YesEquity SharesININRDec 2001

Biography

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India. The company offers bearing, cold forging, engine valve, micro alloyed, forging, free cutting, stainless, spring ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/19 12:55
End of Day Share Price2020/10/19 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.