SUNFLAG IRON AND STEEL CO

Manufactures iron and steel products for industrial customers, with FY26 revenue of Rs 3,939.38 crore, up 11.4% from Rs 3,53,559 lakh in the prior year. Raw materials are the dominant cost, accounting for 59.7% of revenue, followed by other operating expenses at 21.1% and employee costs at 3.8%, consistent with an input-intensive steel operation. In May 2026, the company was declared the successful bidder for the Tambia South Coal Block in Madhya Pradesh under the Ministry of Coal's 12th tranche of commercial mining auctions, giving it access to a captive coal source to feed its steelmaking process and reducing dependence on third-party coal suppliers. EBITDA margin stood at 12.3% in FY26. The company reported a mark-to-market loss of Rs 9,330 lakh on its investment in Lloyds Metal & Energy Limited and an exceptional charge of Rs 870 lakh from new labour codes, while standalone net profit was Rs 20,066 lakh (consolidated Rs 20,237 lakh). Qualified borrowings were cut sharply from Rs 270.20 crore to Rs 154.97 crore during the year. The Board recommended a final dividend of Rs 1 per equity share (10% on face value of Rs 10) for FY26.