What we do Sunflag Iron and Steel Company Ltd manufactures and sells special steel rolled products with a state-of-the-art plant in Maharashtra producing high-quality special and super alloy steels. |
Founded in 1,984 |
Market share Recognized for quality and innovation, Sunflag holds a solid position in India's special steel market with growing domestic and international presence. |
Problem solved Addresses the demand for specialty steel products meeting advanced quality and performance needs across automotive, aerospace, defense, and energy sectors. |
Top clients or who we serve Serves B2B customers in automotive, aerospace, defense, nuclear and thermal energy sectors, expanding into high-value super alloy steel markets. |
Key management Pranav Bhardwaj (Managing Director), Ramchandra Vasant Dalvi (Director-Technical) with extensive industry experience and leadership. |
Our journey and innovations Established in 1984, expanded capacities with advanced plants including Direct Reduction, Mini Blast Furnace, Super Alloy projects and captive power generation. |
Where we operate Primary operations in India with exports and joint ventures in Japan and overseas markets. |
Top products or what we offer Special steel rolled products, including bright bars, wire rods, super alloy steels, and stainless steel for diverse industrial applications. |
Top brands - |
Raw materials needed Iron ore, coal, manganese ore, alloy elements for steel production. |
Raw materials supplier Company owns captive coal mines; sources iron ore and other materials from Indian suppliers and mines under acquisition. |
Recurring vs cyclical contribution Revenues are a mix of cyclical steel market demand and recurring orders from established industrial clients. |
Our industry position Sunflag is a recognized special steel manufacturer with modern facilities, steadily growing profitably in India's competitive steel sector. |
Financial highlights FY 2024-25 revenue of ₹3653 crore with net profit ₹162 crore, showing 3.82% revenue and 16.54% profit before tax growth. |
Geographical revenue split Majority revenue from Domestic market ₹3487 crore; Foreign revenue ₹48 crore. |
Order book - |
Whats driving growth Strong domestic steel demand, capacity expansions, super alloy projects, and entry into aerospace and defense markets. |
Our future plans Expand production of super alloys, acquire more iron ore and coal mines to increase raw material security and business volume. |
Our green promise Installed waste heat recovery, captive power plants, and solar projects to improve energy efficiency and reduce environmental impact. |
Our people and values Employs 1247 permanent staff focusing on skill development, safety, diversity, and inclusive work culture. |
Key challenges ahead Raw material price volatility, energy cost escalation, supply chain disruptions, and regulatory compliances. |
Interesting facts The company is part of the historic Sunflag Group, founded in 1937, with a legacy of continuous plant modernization and R&D. |
Risks and strategy Mitigates risks by captive mines, power plants, diversification into niche steel products, and robust internal controls. |
