Integrated Filing — IndAS



General information about company

Scrip Code 500404
NSE Symbol SUNFLAG
MSEI Symbol NOTLISTED
ISIN INE947A01014
Name of company SUNFLAG IRON AND STEEL COMPANY LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 13-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 05-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment ROLLED PRODUCTS
Start date and time of board meeting 13-02-2026   11:30:00
End date and time of board meeting 13-02-2026   15:35:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 94,247.00 2,93,869.00
Other income 214.00 1,345.00
Total income 94,461.00 2,95,214.00
2 Expenses
(a) Cost of materials consumed 57,558.00 1,75,258.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 868.00 12,722.00
(d) Employee benefit expense 3,705.00 11,302.00
(e) Finance costs 1,721.00 5,456.00
(f) Depreciation, depletion and amortisation expense 3,080.00 8,480.00
(f) Other Expenses
1 Other Expenses 18,917.00 59,312.00
Total other expenses 18,917.00 59,312.00
Total expenses 85,849.00 2,72,530.00
3 Total profit before exceptional items and tax 8,612.00 22,684.00
4 Exceptional items (870.00) (870.00)
5 Total profit before tax 7,742.00 21,814.00
6 Tax expense
7 Current tax 1,664.00 5,826.00
8 Deferred tax 167.00 (687.00)
9 Total tax expenses 1,831.00 5,139.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 5,911.00 16,675.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 83.00 134.00
16 Total profit (loss) for period 5,994.00 16,809.00
17 Other comprehensive income net of taxes 49,262.00 17,316.00
18 Total Comprehensive Income for the period 55,256.00 34,125.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 5,994.00 16,808.00
Total profit or loss, attributable to non-controlling interests 0.00 1.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 55,256.00 34,124.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 1.00
21 Details of equity share capital
Paid-up equity share capital 18,022.00 18,022.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 3.33 9.33
Diluted earnings (loss) per share from continuing operations 3.33 9.33
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 3.33 9.33
Diluted earnings (loss) per share from continuing and discontinued operations 3.33 9.33
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The above unaudited consolidated financial results for the quarter and nine months ended December 31, 2025 have been reviewed by the Audit Committee and approved by the Board of Directors (Board) of Sunflag Iron and Steel Company Limited (“the Company” or “Holding Company”) at their respective meetings held on February 13, 2026. These results have been subjected to limited review by the statutory auditors who have expressed an unmodified conclusion. 2. These results have been prepared in accordance with the recognition and measurement principles of the Companies (Indian Accounting Standards) Rules, 2015 (Ind AS) prescribed under Section 133 of the Companies Act, 2013, other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended). 3. The management of the Holding Company has identified that, the Group has only one operating segment i.e. ‘Iron & Steel Business’ and operations are mainly within India. Hence, it is the only reportable segment under IND AS- 108 ‘Operating Segments’. 4. Other comprehensive income is mainly on account of MTM gain/(loss) on equity shares held by the Company in Lloyds Metal & Energy Limited (LMEL), recognised at its fair value as at December 31, 2025. 5. Government of India notified the four Labour Codes on November 21, 2025 consolidating 29 existing labours laws. The Ministry of Labour and Employment published draft Central Rules and FAQs to enable assessment of the financial impact due to changes in regulation. The Group has assessed its implication through actuarial valuation, which has resulted in increase in gratuity and leave liability by Rs. 870 Lakhs. Considering the impact arising out of an enactment of the new legislation, the Group have recognised the same under “Exceptional Items” for the quarter and nine months ended December 31, 2025. 6. The figures of previous periods have been re-grouped/re-arranged wherever necessary to make them comparable.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Itens that will not be classified to profit or loss 57,640.00 20,256.00
Total Amount of items that will not be reclassified to profit and loss 57,640.00 20,256.00
2 Income tax relating to items that will not be reclassified to profit or loss 8,378.00 2,940.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 49,262.00 17,316.00