Sunflag Iron And Steel Co Ltd

Produces alloy and special steel products for auto and engineering industries.

1984 | Nagpur, Maharashtra (India) | Active
Last Updated:

Sunflag Iron And Steel Co Profile

Key Indicators

  • Authorised Capital ₹ 205.00 Cr
  • Paid Up Capital ₹ 180.22 Cr
  • Company Age 40 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2,288.05 Cr
  • Satisfied Charges ₹ 1,637.05 Cr
  • Revenue Growth 42.07%
  • Profit Growth 62.08%
  • Ebitda -15.78%
  • Net Worth 14.17%
  • Total Assets 28.89%

About Sunflag Iron And Steel Co

Sunflag Iron And Steel Co Ltd (SIASCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 September 1984 and has a history of 40 years and six months. Its registered office is in Nagpur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500404 and on the National Stock Exchange(NSE) under SUNFLAG.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 205.00 Cr and a paid-up capital of Rs 180.22 Cr.

The company currently has active open charges totaling ₹2,288.05 Cr. The company has closed loans amounting to ₹1,637.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Sunflag Iron And Steel Co Ltd India are Ashutosh Mishra as COMPANY SECRETARY and Srinivasan Iyer as Cfo. Tirthnath Indranath, Neelam Kothari, Vinita Bahri, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L27100MH1984PLC034003

  • Company No.

    034003

  • Stock Symbol

    BSE : 500404 NSE : SUNFLAG

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Sep 1984

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does Sunflag Iron And Steel Co Ltd offer?

Sunflag Iron And Steel Co Ltd offers a wide range of products and services, including Industrial Furnaces & Ovens, Furnace Structure, Round Bars, Brass Rods, Brass Round Rod, Forged Components, Cold Forging Parts, Steel Bars, Flat Bars, Square Bar.

Who are the key members and board of directors at Sunflag Iron And Steel Co?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashutosh Mishra Country flag representing In Company Secretary12-Nov-2018Current
Srinivasan Iyer Country flag representing In CFO01-Oct-2019Current
Pranav Bhardwaj Country flag representing Gb Managing Director03-Feb-2000Current

Board Members (9)

NameDesignationAppointment DateStatus
Tirthnath Indranath Country flag representing In Director 03-Sep-2022Current
Neelam Kothari Country flag representing In Director 29-Sep-2014Current
Vinita Bahri Country flag representing In Director 13-Mar-2020Current
Suhrit Bhardwaj Country flag representing Ke Director 27-Mar-2017Current
Sajiv Dhawan Country flag representing Gb Director 12-Aug-2019Current
Mattegunta Venkatramana Country flag representing In Director 12-Aug-2022Current

Financial Performance of Sunflag Iron And Steel Co.

Sunflag Iron And Steel Co Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 42.07% increase. The company also saw a substantial improvement in profitability, with a 62.08% increase in profit. The company's net worth Soared by an impressive increase of 14.17%.

Sunflag Iron And Steel Co revenue growth over time
Sunflag Iron And Steel Co profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
42.07%
Revenue from Operations
42.65%
Total Assets
28.89%
Profit or Loss
62.08%
Net Worth
14.17%
EBITDA
-15.78%

What is the Ownership and Shareholding Structure of Sunflag Iron And Steel Co?

In 2022, Sunflag Iron And Steel Co had a promoter holding of 51.16% and a public holding of 48.84%. The company had 3 Subsidiaries and 4 Joint Ventures. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2,288.05 Cr

Satisfied Charges

₹1,637.05 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 1205.58 Cr
  • Indian Bank : 400.00 Cr
  • State Bank Of India : 315.00 Cr
  • Others : 200.00 Cr
  • Axis Bank Limited : 95.00 Cr
  • Others : 72.47 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Indian Bank₹100.00 CrOpen
28 Feb 2023Tata Capital Financial Services Limited₹60.00 CrOpen
22 Nov 2022Indian Bank₹300.00 CrOpen
31 Mar 2022Others₹55.00 CrOpen
09 Mar 2022Axis Bank Limited₹95.00 CrOpen

How Many Employees Work at Sunflag Iron And Steel Co?

Sunflag Iron And Steel Co has a workforce of 1090 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Sunflag Iron And Steel Co Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Sunflag Iron And Steel Co, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Sunflag Iron And Steel Co's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Sunflag Iron And Steel Co

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 100.00 Cr registered on 16 Feb 2024 with Charge ID 100867973 was modified on 03 Oct 2024.

  • Annual General Meeting

    Sunflag Iron And Steel Co Ltd last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Sunflag Iron And Steel Co Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Indian Bank amounted to Rs. 100.00 Cr with Charge ID 100867973 was registered on 16 Feb 2024.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 1,205.58 Cr registered on 13 Mar 1992 with Charge ID 90239709 was modified on 29 Nov 2023.

  • Charges

    A charge with Indian Bank of Rs. 300.00 Cr registered on 22 Nov 2022 with Charge ID 100645205 was modified on 06 Jun 2023.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Sunflag Iron And Steel Co Ltd?

    Sunflag Iron And Steel Co Ltd was incorporated on 12 Sep 1984.

  • What is authorized share capital and paid-up capital of Sunflag Iron And Steel Co Ltd?

    The authorized share capital of Sunflag Iron And Steel Co Ltd is ₹ 205.00 Cr and paid-up capital is ₹ 180.22 Cr.

  • Who are the current board members & directors of Sunflag Iron And Steel Co Ltd?

    Currently 12 directors are associated with Sunflag Iron And Steel Co Ltd.

    • Ashutosh Mishra
    • Srinivasan Mahadevan Iyer
    • Tirthnath Jha Indranath
    • Neelam Naresh Kothari
    • Vinita Bahri
    • Suhrit Ravi Bhushan Bhardwaj
    • Sajiv Dhawan
    • Mattegunta Goutham Anjani Venkatramana
    • Pranav Ravi Bhardwaj
    • Ravi Bhushan Satya Dev Bhardwaj
    • Anand Sadashiv Kapre
    • Ramchandra Vasant Dalvi

  • What is the registered address of Sunflag Iron And Steel Co Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Sunflag Iron And Steel Co Ltd is 33/1, Mount Road Sadar India, Nagpur, Maharashtra, 440001.

  • What is the corporate identification number (CIN) and company number of Sunflag Iron And Steel Co Ltd?

    The corporate identification number (CIN) of Sunflag Iron And Steel Co Ltd is L27100MH1984PLC034003 and the company number is 034003 as per Ministry of Corporate Affairs (MCA).

  • Is Sunflag Iron And Steel Co Ltd registered with any stock exchange in India?

    Yes, Sunflag Iron And Steel Co Ltd is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): SUNFLAG.

  • What is the official website of Sunflag Iron And Steel Co Ltd?

    The Official website of Sunflag Iron And Steel Co Ltd is https://www.sunflagsteel.com

  • What has been the recent revenue trend for Sunflag Iron And Steel Co Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Sunflag Iron And Steel Co Ltd has risen by 42.07%.

  • How many employees does Sunflag Iron And Steel Co Ltd currently have?

    As Per 2022 financial reports, 1090 employees are currently employed by Sunflag Iron And Steel Co Ltd.

  • What change has been observed in the net worth of Sunflag Iron And Steel Co Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Sunflag Iron And Steel Co Ltd has experienced an upsurge of 14.17%.

  • What are the total open charges for Sunflag Iron And Steel Co Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Sunflag Iron And Steel Co Ltd amount to ₹ 2,288.05 Cr.

  • When was the last Balance Sheet of Sunflag Iron And Steel Co Ltd filed with the ROC?

    The most recent Balance Sheet for Sunflag Iron And Steel Co Ltd was filed with the ROC on 31 Mar 2024.

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