Sunflag Iron & Steel Share Price

Sunflag Iron and Steel Company Limited manufactures and sells steel rolled products in India and internationally. The company offers super alloys, tool steels, SSR 550, spring steels, free cutting steels, forging steels, forging ingots, microalloyed steels, engine value steels, cold forging steels, and bearing steels. The company’s products are used for automobile, general engineering, machinery, projects, railway, defence, and construction applications. Sunflag Iron & Steel share price on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator of market perception across various industries.

Sunflag Iron and Steel stock price is influenced by various factors such as earnings, demand from automotive and engineering sectors, raw material costs, and global steel prices. In the longer run, strategies such as capacity utilization, product mix, and improvement in operational efficiency affect the stock market sentiments. All these factors must be closely monitored to have an idea about the Sunflag Iron and Steel stock price movements.

Sunflag Iron and Steel live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring of Sunflag Iron and Steel live price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Sunflag Iron and Steel share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identifypossible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Sunflag Iron & Steel Company Limited Company Fundamentals

Sunflag Iron & Steel Company Background

Sunflag Iron and Steel Co. Ltd. was incorporated in 1984 as a public limited company under the Sun Flag Group. The company operates a major steel manufacturing plant in Bhandara, Maharashtra, located near Nagpur in central India. It was established to produce special steels and has gradually expanded its production capacity and technical capabilities over the years. The plant has an annual capacity of about 500,000 tonnes, using liquid pig iron and sponge iron as primary raw materials. Its manufacturing activities include iron making, steel making, continuous casting, ingot casting, rolling mills, heat treatment, bright bar production, inspection, and quality assurance processes. Sunflag produces wide range of steel grades such as carbon steels, alloy steels, stainless steels, spring steels, bearing steels, tool steels, high-strength steels, and super alloys. These products are supplied mainly to the automotive, railway, defence, power, and engineering sectors. The company also entered into a technical collaboration with Daido Steel Company of Japan in 2010, which was aims at improving production processes, product quality, and the development of new steel grades.

Sunflag Iron & Steel Company Product Lines

Sunflag Iron & Steel produces a wide range of steel products used across various industries:

Steel Grades / Categories

• Carbon Steels
• Alloy Steels
• Free & Semi-Free Cutting Steels
• Micro-Alloyed Steels
• Stainless Steels
• Spring Steels
• Valve Steels
• Bearing Steels
• Cold Heading Quality Steels
• Tool Steels
• High Strength Steels
• Super Alloys (Special steels, heating element alloys, INCONEL, INCOLLOY, INVAR, NIMONIC, HASTE)

Shapes & Profiles

• Round Bars
• Round Cornered Squares
• Round & Hexagonal Wire Rods (coils)
• Hexagonal Bars
• Flat Sections
• Bright Bars (peeled/drawn/ground)

Advanced / Specialty Products

Superalloys for aerospace, power, defence applications

Tool steels and forging steels

Special applications steels for aerospace, defence & high-performance machinery

Sunflag Iron & Steel Company Revenue Model

Sunflag Iron & Steel’s revenue is generated primarily through:

• Sale of Steel Products: Domestic sales of finished steel grades and alloy products
  – International exports to global markets
• Exports to Overseas Markets: South East Asia, Middle East, Europe, USA and other regions
• Supply to Key Industrial Sectors: Automotive, railways, ordnance/defence, power, engineering and aerospace sectors
• Specialty Steel & Alloy Sale: Higher-margin superalloys and speciality steels for critical applications (e.g., aerospace, defence)
• Collaborations & Value-Added Services: Technology partnerships (e.g., Daido Steel, Japan) for product innovation and localisation

Sunflag Iron & Steel Geographic Presence

Headquarters & Manufacturing Base

• Registered Office: Nagpur, Maharashtra, India
• Integrated Steel Plant: Bhandara, Maharashtra (near Nagpur)

Domestic Presence

• Multiple distribution channels across India
• Supplies to Indian Railways, ordnance factories, automotive OEMs, power sectors and general engineering fields

International Presence

Sunflag exports products to:

• South East Asia
• Middle East
• European countries
• United States
• Japan, Taiwan
• Australia
• South Africa
• UK & Ireland
• North & South America

Sunflag Iron & Steel Leadership 

Some of the key leaders of Sunflag Iron & Steel Limited as of February 2026 are

• Satyadev Bhardwaj – Founder
• Ravi Bhushan Bhardwaj – Non-Executive Chairman
• Pranav Bhardwaj – Managing Director
• Ramchandra Vasant Dalvi – Whole-Time Director
• Mattegunta Anjani Venkatramana Goutham – Independent, Non-Executive Director
• Anand S. Kapre – Independent, Non-Executive Director
• Tirthnath Indranath Jha – Independent, Non-Executive Director
• Vinita Bahri – Independent, Non-Executive Director
• Suhrit Ravi Bhushan Bhardwaj – Non-Executive, Non-Independent Director
• S. Mahadevan – Chief Financial Officer (CFO)
• Ashutosh Mishra – Company Secretary

Sunflag Iron & Steel Key Milestones

• 1937: Sunflag Group founded by Shri Satyadev Bhardwaj in Kenya
• 1984: Sunflag Iron and Steel Company Limited incorporated as part of the Sunflag Group
• Early 1990s: Integrated steel plant established at Bhandara (Warthi), Maharashtra with sponge iron, steel melting shop, and continuous rolling mill
• 1992: Rights issue launched to part-finance a 15.5 MW waste heat recovery power project
• 2006: 10 MW captive power plant commissioned
• 2006: Wire Rod Block Mill installed
• 2007: Mini Blast Furnace commissioned
• 2009: Sinter Plant operations commenced
• 2011: Second Direct Reduction Plant (DRP-II) commissioned with 350 TPD capacity and 8 MW waste heat recovery power generation
• 2012: Commercial production started at the Blooming Mill
• 2013: Fume Extraction System installed in the Steel Melt Shop to reduce emissions
• 2015: Joint venture company incorporated in Faridabad with Daido Steel Co. Ltd. and Daido Die & Mold Steel Co. Ltd., Japan
• 2016–17: Capacity expansion and efficiency upgrades including PCI system, MBF refurbishment, and sinter plant enhancement
• 2018–19: Induction Furnace commissioned in the Steel Melt Shop
• 2020–21: Super Alloy Project commissioned and commercial production began
• 2022–23: Blooming Mill expansion commissioned
• FY24: Super Alloy Steel manufacturing facility commissioned; integrated steel plant upgraded with advanced production units
• 2025: New Blooming Mill commissioned to further enhance production capacity

Industry Perspective

Sunflag Iron & Steel operates in the steel industry, a foundational sector of India’s manufacturing and infrastructure economy and a key part of the global metals market. India is the world’s second largest crude steel producer, with production of over 151 million tonnes of crude steel and 145 million tonnes of finished steel in FY 202425, reflecting strong domestic demand and industrialization. Domestic steel consumption in India has exhibited a long term compound annual growth rate (CAGR) of about 78 %, outpacing national GDP growth, and is expected to continue robust expansion with projected volume growth of about 810 % CAGR from FY 2025 to FY 2027. Demand growth in 2025 and 2026 is forecast at approximately 9 % annually, driven by construction, infrastructure, automotive, and manufacturing sectors. The India steel market by value is projected to grow at a CAGR of approximately 9.3 % to reach USD 285 billion by 2030. National capacity expansion targets aim for 300 million tonnes per annum by 2030, supported by investments of roughly US $156 billion, positioning India as a global steel growth leader.

Sunflag Iron & Steel is poised to benefit from India’s growing steel demand, especially in automotive, infrastructure, and power sectors. With ongoing capacity expansions, advanced production technologies, and superalloy capabilities, the company can capture higher-value markets. Rising domestic consumption, export opportunities, and government infrastructure initiatives are expected to boost revenues, enhance operational efficiency, and strengthen Sunflag’s competitive position in both national and international steel markets.

Sunflag Iron & Steel Company Limited Stock Market Presence: Listings & Index Representation

Sunflag Iron and Steel Company is an established entity in the Indian stock market, listed on major exchanges such as NSE (SUNFLAG) and BSE (500404). Its inclusion in prominent indices like BSE 1000, Nifty Microcap 250, Nifty Total Market, S&P BSE MidSmallCap, S&P BSE SmallCap, S&P BSE Basic Materials, and S&P BSE AllCap underscores the company’s significance in India’s steel and basic materials sector.

Sunflag Iron and Steel stock price is tracked by investors. Its inclusion in various indices reflects its market capitalisation and scale in special steel manufacturing. Listing on NSE and BSE ensures liquidity, while index presence drives institutional holdings and benchmark tracking in the basic materials sector.

Sunflag Iron & Steel Company Limited Stock Performance and Share Price History

The Sunflag Iron and Steel share price on NSE and BSE reflects its position as a manufacturer in the steel sector. Performance is driven by steel demand, raw material costs, operational efficiency, and profitability margins. Investors compare the Sunflag Iron and Steel share price today with sector indices and peer companies to gauge relative performance.

These underlying factors are often visible through real market movements across different periods. Similar trends are observed during earnings-driven movements. Broader sector strength has also played a role in supporting the Sunflag Iron and Steel share price. In addition to operational and sector-led factors, corporate actions can also have a significant impact on Sunflag Iron and Steel share price movements short-term even when the company’s fundamentals remain strong. This shows how corporate actions can trigger short-term swings, even within an industry framework influenced by economic cycles and commodity prices.

While short-term movements reflect events and announcements, longer-term valuation trends are visible through Sunflag Iron and Steel share price 52-week high and low, providing context beyond daily or weekly changes. The 52-week high of ₹322 and low of ₹196.37 capture impacts of market cycles, demand expectations, and earnings visibility, providing context for the stock’s historical performance.

Sunflag Iron and Steel’s stock performance reflects the trading behaviour of a company operating within India’s steel industry. The company’s product portfolio and operational focus have shaped its Sunflag Iron and Steel share price history. Over time, the stock has shown long-term wealth creation, marked by periods of sharp gains and phases of consolidation.

The stock delivered a significant return of 193.03% in 2009, recovering from a sharp 79.26% decline in 2008 during the global financial crisis. Between 2012 and 2017, Sunflag Iron and Steel delivered several high-return years, including a 143.45% gain in 2017, reflecting strong operational performance. More recently, the Sunflag Iron and Steel share price increased by 86.38% in 2023, supported by strong sector demand, but saw more moderate movements in 2024 and 2025 with gains of 20.53% and 8.19% respectively.

Sunflag Iron and Steel’s stock performance over time has followed industry and economic cycles. For instance, the Sunflag Iron and Steel share price reached a high of ₹322 in the past year. Over longer investment horizons, the stock has delivered meaningful returns, including gains of 293.52% over five years and 87.80% over three years. These returns highlight periods of growth aligned with sector cycles.

The Sunflag Iron and Steel stock price decreased by 11.43% over the last six months, underperforming the Nifty 50’s 6.07% gain. This recent decline in the Sunflag Iron and Steel share price can be attributed to underperformance relative to its sector, which gained 32.33%, and broader market indices, possibly due to company-specific factors or short-term sectoral headwinds. Over a one-year period, the Sunflag Iron and Steel share price increased by 6.67%, which was lower than the sector return of 46.35%, indicating relative underperformance despite an absolute gain.

Sunflag Iron & Steel Company Limited Investor Relevance And Portfolio Role

Sunflag Iron and Steel can be a holding in sector-specific and small-cap portfolios, offering exposure to special steel manufacturing and the automotive supply chain. Inclusion in indices like Nifty Microcap 250 and S&P BSE SmallCap underscores its relevance within the basic materials segment. Its operational focus makes it a choice for allocations seeking steel sector exposure.

Sunflag Iron and Steel equity is held by a mix of domestic and international investors. Top institutional stakeholders include Sunflag Limited, Daido Steel Co., Ltd., Supra Corporation Limited, Investor Education and Protection Fund (IEPF), and Dimensional Fund Advisors LP. Prominent mutual fund holders include Motilal Oswal Nifty Microcap 250 Index Fund, DFA Emerging Markets Core Equity 2 Portfolio, Avantis Emerging Markets Equity ETF, SPDR Portfolio Emerging Markets ETF, and Dimensional Emerging Markets Small Cap Series.

Beyond fundamentals and ownership, Sunflag Iron and Steel’s stock is monitored in markets where price movements reflect expectations on steel demand, input costs, and profitability. Technical indicators such as Sunflag Iron and Steel RSI, MACD, and MFI provide additional insight into short-term momentum shifts in Sunflag Iron and Steel stock price. While primarily used for near-term trading, these tools can also help gauge market sentiment.

Sunflag Iron and Steel’s beta has varied across different time frames, reflecting its characteristics as a small-cap stock in a cyclical sector. The long-term beta is 0.468, indicating lower volatility than the market over extended periods. However, shorter-term beta readings show higher volatility, with a daily one-month beta of 1.23 and a weekly one-year beta of 2.11. Other measures include a daily three-month beta of 1.02, a weekly two-year beta of 1.73, a two-week two-year beta of 0.977, and a monthly two-year beta of 0.406. This range shows the Sunflag Iron and Steel share price can experience moderate to high short-term volatility while demonstrating lower correlation over longer horizons, which portfolio managers may consider for sector allocation.

Sunflag Iron & Steel Company Limited Sectoral Relevance and Peer Positioning

Sunflag Iron and Steel sector relevance stems from its role in producing special steel and forged components for the automotive and engineering industries, establishing it as a key player in India’s basic materials ecosystem. Peer comparisons with Tata Steel, JSW Steel, Steel Authority of India (SAIL), Jindal Steel & Power, and Kalyani Steels focus on product mix, operating margins, capacity utilization, and raw material integration rather than short-term stock moves. These benchmarks help investors assess operational scale, efficiency, and market positioning. Institutional tracking of steel demand, input costs, and global trade further highlights the company’s importance within India’s broader industrial markets.

The sectoral importance is also reflected in financial and market metrics that demonstrate its scale and performance. Sunflag Iron and Steel P/E ratio demonstrates how the market values the company’s earnings relative to its profitability in the cyclical steel sector. The P/E ratio was 8.03 in March 2021, decreased to 5.21 in March 2022, and then saw a significant drop to 2.38 in March 2023 following a sharp rise in earnings. It then increased to 23.36 in March 2024 and further to 26.11 in March 2025, showing market valuation adjustments aligned with earnings normalization and broader sector trends.

Alongside valuation, Sunflag Iron and Steel EPS highlights operational performance and income generation from steel production and sales. EPS was ₹7.80 in March 2021, increased to ₹12.04 in March 2022, and rose sharply to ₹61.88 in March 2023 due to exceptional income. It then decreased to ₹7.96 in March 2024 and saw a slight increase to ₹8.99 in March 2025. These trends correspond closely to revenue growth, cost management, and one-time financial events, providing insight into the company’s performance.

Sunflag Iron and Steel market cap underscores its position within India’s steel sector. The market cap was ₹12.53 billion in December 2021, increased to ₹20.23 billion in December 2022, and grew significantly to ₹37.71 billion by December 2023. It further increased to ₹45.35 billion in December 2024 and was ₹48.99 billion in December 2025, before a recent adjustment. Its size attracts institutional interest and index-linked investment flows within the small-cap segment.

Finally, the Sunflag Iron and Steel earnings trajectory demonstrates volatility aligned with the steel cycle. Earnings (Net Income) were ₹140.61 crore in March 2021, increased to ₹217.00 crore in March 2022, and rose sharply to ₹1,115.30 crore in March 2023. Earnings then decreased to ₹143.53 crore in March 2024 and were ₹162.06 crore in March 2025. These trends reflect the company’s exposure to industry cycles, commodity prices, and specific financial events, shaping its position relative to other steel sector companies in India.

Summary

Sunflag Iron and Steel Company Limited is a manufacturer in India’s steel sector, listed on NSE and BSE. The Sunflag Iron and Steel share price is influenced by sectoral demand, raw material costs, and company performance. It is included in several indices and has a long-term price history showing cyclical trends. The stock is held by various institutional and mutual fund investors, and its valuation metrics like P/E and EPS reflect the inherent volatility of the steel industry.