SUNFLAG IRON & STE chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 149.71
Dividend & YieldN/A₹ (N/A)
Beta 0.75
Market capitalization 16.79B
Operating cash flow 431.9M
ESG Scores unknown

Company description

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 and semi-free cutting, stainless, spring, and tool steels, as well as carbon, valve, alloy, cold heading, and high strength steel; and forging ingots and super alloys. It also provides round bars, round cornered squares in straight bars, round and hexagonal wire rods, and hexagonal and flat sections straight bars, as well as bright bars, such as peeled/drawn/ground bars. The company's products are used for the manufacture of automotive transmission gears, drive shafts, steering systems, bearings, exhaust systems, engine components, suspension systems, gear boxes, drive trains, and steering systems. It serves railways, ordnance factories, power sectors, and other general engineering areas. The company exports its products to South East Asia, North America and South America, East Africa, Europe, Japan, Taiwan, and China. Sunflag Iron and Steel Company Limited was incorporated in 1984 and is headquartered in Nagpur, India.

Sector: Basic Materials - Industry: Steel

Financial Ratios
Quick Ratio0.58
Working Capital0.46
Return On Equity0.12
Debt To Equity0.11
Fixed Asset Ratio-0.03
Fixed Interest Cover7.62

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 780.2M 474.8M -418.7M 1.88B
Total Cashflows From Investing Activities -1.41B -1.25B -603.2M -3.35B
Net Borrowings 108.4M -312.8M -1.28B 3.26B
Total Cash From Financing Activities -387.5M -791.5M -1.5B 2.89B
Change To Operating Activities 85.8M -548.1M 229.4M -1.18B
Issuance Of Stock
Net Income 1.1B 920.5M 1.41B 2.17B
Change In Cash -31.5M 45.7M 122.2M -26.9M
Effect Of Exchange Rate
Total Cash From Operating Activities 1.77B 2.09B 2.23B 431.9M
Depreciation 378.7M 462.2M 702M 763.1M
Change To Account Receivables 129.8M 735.2M 73.3M -645.7M
Other Cashflows From Financing Activities -405.8M -388.6M -226.1M -363.2M
Change To Netincome 486.1M 152.4M 48.4M 376.5M
Capital Expenditures -1.31B -1.42B -537.2M -3.39B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 1.72B 938.4M 1.66B 2.85B
Net Income 1.1B 920.5M 1.41B 2.17B
Selling General Administrative 1.02B 973.5M 924.7M 978.6M
Gross Profit 4.55B 3.65B 4.47B 10.57B
Ebit 2.02B 1.26B 1.86B 3.22B
Operating Income 2.02B 1.26B 1.86B 3.22B
Interest Expense -269.7M -302.5M -213.2M -422.5M
Income Tax Expense 617M 17.7M 250.8M 679M
Total Revenue 21.86B 17.58B 18.92B 26.98B
Cost Of Revenue 17.31B 13.93B 14.44B 16.41B
Total Other Income ExpenseNet -301.3M -325.6M -203M -371.1M
Net Income From Continuing Ops 1.1B 920.7M 1.41B 2.17B
Net Income Applicable To Common Shares 1.1B 920.5M 1.41B 2.17B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 8.27B 10.22B 8.64B 13.36B
Total Stockholder Equity 9.4B 13.85B 15.33B 17.49B
Other Current Liabilities 526.3M 443.8M 606.8M 869M
Total Assets 17.69B 24.09B 23.98B 30.87B
Common Stock 1.8B 1.8B 1.8B 1.8B
Other Current Assets 1.29B 1.44B 1.37B 1.56B
Retained Earnings 7.18B 7.99B 9.58B
Treasury Stock 38.2M 3.68B 3.56B 15.69B
Cash 18.4M 64.1M 186.3M 676.3M
Total Current Liabilities 6.44B 5.93B 4.46B 8.78B
Other Stockholder Equity 38.2M 3.68B 3.56B 15.69B
Property, Plant, and Equipment 7.38B 13.79B 13.63B 16.25B
Total Current Assets 9.76B 9.43B 9.17B 13.45B
Net Tangible Assets 9.4B 13.85B 15.33B 17.49B
Net Receivables 2.89B 2.24B 2.12B 2.84B
Accounts Payable 2.67B 3.15B 2.75B 4.53B


Insider Transactions

Here are the insider transactions of stock shares related to SUNFLAG IRON & STE:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Dhawan (Charanjiv)Sale at price 0.90 per share.D2022-03-21Director (Executive)33.33k
Dhawan (Charanjiv)Sale at price 0.91 per share.D2022-03-17Director (Executive)30.84k
Dhawan (Charanjiv)Sale at price 0.92 per share.D2022-03-15Director (Executive)1.11k
Dhawan (Charanjiv)Sale at price 0.91 per share.D2022-03-14Director (Executive)3.12k
Dhawan (Charanjiv)Sale at price 1.06 per share.D2021-11-17UNREPORTED31k
Parakh (Rutuja Mukesh)Sale at price 1.14 per share.D2021-06-25UNREPORTED100
Parakh (Rutuja Mukesh)I2021-06-25UNREPORTED
Kalne (Sumit Deepak)Sale at price 1.10 per share.D2021-06-18UNREPORTED3.35k
Kalne (Sumit Deepak)Sale at price 0.96 per share.D2021-03-02UNREPORTED2k
Kalne (Sumit Deepak)Sale at price 0.89 per share.D2021-02-23UNREPORTED3k
Dhawan (Charanjiv)Sale at price 0.90 per share.D2021-02-18UNREPORTED20k
Dhawan (Charanjiv)Sale at price 0.63 per share.D2020-08-25UNREPORTED10k
Dhawan (Charanjiv)Sale at price 0.64 per share.D2020-08-19UNREPORTED10k
Bhardwaj (Veena Ravi Bhushan)Acquisition at price 0.61 per share.D2020-08-18UNREPORTED1.06M
Dhawan (Charanjiv)Sale at price 0.50 per share.D2020-06-30UNREPORTED73.11k
Bhardwaj (Veena Ravi Bhushan)D2020-03-23UNREPORTED934.57k
Bhardwaj (Veena Ravi Bhushan)D2019-11-18UNREPORTED1.59M
Agarawal (Chhavi)D2019-06-29UNREPORTED5k
Supra Corporation LtdD2019-01-31Promoter106k
Supra Corporation LtdD2019-01-29Promoter82.07k
Agarawal (Chhavi)D2018-10-01UNREPORTED2.5k
Agarawal (Chhavi)D2018-07-02UNREPORTED2.5k
Agarawal (Chhavi)D2018-03-28UNREPORTED3k
Agarawal (Chhavi)D2017-12-29UNREPORTED5.5k
Agarawal (Chhavi)D2017-09-29UNREPORTED8.6k
Bhardwaj (Ravi Bhushan)D2016-12-28Non Executive Vice Chairman700k
Agarawal (Chhavi)D2016-09-30UNREPORTED7k
Muralidhar (CA R)D2016-09-26UNREPORTED8.9k
Gupta (Surendra Kumar)D2015-03-30Chief Executive Officer9.65k
Daido Steel Co., Ltd.D2014-09-11Institution- Corporation18.02M
Sanghavi (Dhirendra B)D2014-08-19UNREPORTED741.7k
Sanghavi (Bhavini D)D2014-02-17UNREPORTED35.99k
Sanghavi (Dhirendra B)D2014-02-17UNREPORTED61.27k
Sanghavi (Dhirendra B) HUFD2014-02-17UNREPORTED500
Sanghavi (Bhupendra G)D2013-01-24UNREPORTED21.44k
Bhardwaj (Suhrit Ravi Bhushan)D2011-12-29Director400k
Bhardwaj (Suhrit Ravi Bhushan)D2011-11-02Director500k
Bhardwaj (Suhrit Ravi Bhushan)D2011-09-06Director1.05M
Bhardwaj (Suhrit Ravi Bhushan)D2011-06-24Director600k
Supra Corporation LtdD2011-03-25Institution- Corporation281k
Bhardwaj (Suhrit Ravi Bhushan)D2011-03-25Director2.21M
Bhardwaj (Suhrit Ravi Bhushan)D2010-08-09Director743.5k
Bhardwaj (Suhrit Ravi Bhushan)D2010-06-02Director600k
Bhardwaj (Suhrit Ravi Bhushan)D2010-03-04Director1.8M
Bhardwaj (Suhrit Ravi Bhushan)D2009-12-29Director3.33M
Bhardwaj (Pranav Ravi Bhushan)D2009-09-29Joint Managing director700k
Bhardwaj (Suhrit Ravi Bhushan)D2009-09-15Director1.98M

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to SUNFLAG IRON & STE. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on SUNFLAG IRON & STE

Here is the result of two systematic investment strategies applied to SUNFLAG IRON & STE. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on SUNFLAG IRON & STE

The following chart shows the equity curve of the two systematic investment strategies applied to SUNFLAG IRON & STE:

SUNFLAG IRON & STE automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 129.45% on the backtest period.

Performance at glance

Performance

129.45 %

Latent gain

3280.2 ₹

Invested capital

2533.9 ₹

Annualized return

30.82 %
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Momentum strategy results on SUNFLAG IRON & STE

This is the result of two momentum investment strategies applied to SUNFLAG IRON & STE. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on SUNFLAG IRON & STE

The following chart shows all the entries opened by the momentum investment system on SUNFLAG IRON & STE:

SUNFLAG IRON & STE momentum entries
  • The first momentum investment strategy would give 147.96% of return on SUNFLAG IRON & STE. That represents 7135.05₹ of latent gain with 4822.25₹ of employed capital.
  • The second momentum investment strategy would give 135.26% of return on SUNFLAG IRON & STE. That represents 3721.15₹ of latent gain with 2751.15₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

147.96 %

Latent gain

7135.05 ₹

Invested capital

4822.25 ₹

Annualized return

0.0 %
Performance at glance (2Q Momentum)

Performance

135.26 %

Latent gain

3721.15 ₹

Invested capital

2751.15 ₹

Annualized return

36.36 %

Momentum equity curve on SUNFLAG IRON & STE

The following chart shows the equity curve of the two momentum strategies applied to SUNFLAG IRON & STE:

SUNFLAG IRON & STE momentum equity

Note: the dividends potentially given by SUNFLAG IRON & STE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SUNFLAG IRON & STE

The following chart shows the employed capital evolution of the two momentum strategies on SUNFLAG IRON & STE since the beginning:

SUNFLAG IRON & STE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on SUNFLAG IRON & STE

Buy the dip entry openings on SUNFLAG IRON & STE

SUNFLAG IRON & STE

The performance achieved by the robo-advisor on SUNFLAG IRON & STE is 0%. That represents 0.0$ of latent gain with 0.0₹ of employed capital. The following chart shows SUNFLAG IRON & STE stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of SUNFLAG IRON & STE, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 ₹

Invested capital

0.0 ₹

Annualized return

0.0 %

Equity curve of the strategy applied to SUNFLAG IRON & STE

The following chart shows the result of the investment strategy applied to SUNFLAG IRON & STE:

SUNFLAG IRON & STE

Note: the dividends potentially given by SUNFLAG IRON & STE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on SUNFLAG IRON & STE

The following chart shows the employed capital evolution since the beginning of the investment strategy on SUNFLAG IRON & STE:

SUNFLAG IRON & STE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on SUNFLAG IRON & STE

In this section, I will compare the three previous investment strategies applied to SUNFLAG IRON & STE.

Equity curve comparison on SUNFLAG IRON & STE

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

SUNFLAG IRON & STE investment strategy comparison

Employed capital comparison on SUNFLAG IRON & STE

SUNFLAG IRON & STE investment comparison

Performance comparison on SUNFLAG IRON & STE

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 129.45% 3280.2₹ 2533.9₹ 30.82%
Momentum 1 quarter 147.96% 7135.05₹ 4822.25₹ 37.36%
Momentum 2 quarters 135.26% 3721.15₹ 2751.15₹ 36.36%
Non-directional 0% 0.0₹ 0.0₹ 0.0%
Annualized return comparison

Automatic investment

30.82 %

Momentum 1Q

36.36 %

Momentum 2Q

36.36 %

Non-directional

0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with SUNFLAG IRON & STE:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between SUNFLAG IRON & STE and the other stocks. There may be false positives or some missing correlated stocks. If the price of SUNFLAG IRON & STE does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name SUNFLAG IRON & STE
Country India
City Nagpur
Address 33 Mount Road
Phone 91 71 2252 4661
Website www.sunflagsteel.com
FullTime employees
Industry Steel
Sector Basic Materials
Exchange XNSE
Ticker SUNFLAG.XNSE
Market

SUNFLAG IRON & STE ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown