Sunflag Iron And Steel Co Profile
Key Indicators
- Authorised Capital ₹ 205.00 Cr
- Paid Up Capital ₹ 180.22 Cr
- Company Age 40 Year, 5 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 five 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
Industry
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashutosh Mishra  | Company Secretary | 12-Nov-2018 | Current |
| Srinivasan Iyer | CFO | 01-Oct-2019 | Current |
Pranav Bhardwaj  | Managing Director | 03-Feb-2000 | Current |
Board Members (9)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tirthnath Indranath | Director | 03-Sep-2022 | Current |
| Neelam Kothari | Director | 29-Sep-2014 | Current |
| Vinita Bahri | Director | 13-Mar-2020 | Current |
Suhrit Bhardwaj  | Director | 27-Mar-2017 | Current |
| Sajiv Dhawan | Director | 12-Aug-2019 | Current |
| Mattegunta Venkatramana | Director | 12-Aug-2022 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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.
Related Corporates (Common Directorship)
Ramesh Sunwire Private LimitedPranav Bhardwaj and Ramchandra Dalvi are mutual person
Facor Alloys LimitedVinita Bahri is a mutual person
Sunflag Power LimitedPranav Bhardwaj and Ravi Bhardwaj are mutual person
Third Wind Advisors LlpNeelam Kothari is a mutual person
- Supra Corporation Limited
Suhrit Bhardwaj, Pranav Bhardwaj and 1 more are mutual person
- Jv Capital Services Private Limited
Sajiv Dhawan is a mutual person
Charges (Loans)
₹2,288.05 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2024 | Indian Bank | ₹100.00 Cr | Open |
| 28 Feb 2023 | Tata Capital Financial Services Limited | ₹60.00 Cr | Open |
| 22 Nov 2022 | Indian Bank | ₹300.00 Cr | Open |
| 31 Mar 2022 | Others | ₹55.00 Cr | Open |
| 09 Mar 2022 | Axis Bank Limited | ₹95.00 Cr | Open |
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.
Deals i
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
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
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.
