Sunflag Iron & Steel Co (NSE:SUNFLAG) Debt-to-Equity: (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:SUNFLAG Sunflag Iron & Steel Co Ltd NSE:SUNFLAG
79 GF Score
Price ₹345.10
GF Value ₹266.26
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Sunflag Iron & Steel Co Debt-to-Equity?

Sunflag Iron & Steel Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Sunflag Iron & Steel Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹ Mil. Sunflag Iron & Steel Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹ Mil.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Sunflag Iron & Steel Co's Debt-to-Equity or its related term are showing as below:

NSE:SUNFLAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.2   Max: 0.47
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Sunflag Iron & Steel Co was 0.47. The lowest was 0.06. And the median was 0.20.

NSE:SUNFLAG's Debt-to-Equity is ranked better than
88.69% of 548 companies
in the Steel industry
Industry Median: 0.405 vs NSE:SUNFLAG: 0.06

Sunflag Iron & Steel Co  (NSE:SUNFLAG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Sunflag Iron & Steel Co Debt-to-Equity Related Terms

Sunflag Iron & Steel Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Sunflag Iron & Steel Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sunflag Iron & Steel Co Debt-to-Equity Chart

Sunflag Iron & Steel Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.34 0.18 0.14 0.07 0.06

Sunflag Iron & Steel Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.07 - 0.06 -

NSE:SUNFLAG vs NUE, STLD, RS: Debt-to-Equity Comparison

For the Steel subindustry, Sunflag Iron & Steel Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Sunflag Iron & Steel Co Debt-to-Equity vs Steel Industry

For the Steel industry and Basic Materials sector, Sunflag Iron & Steel Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Sunflag Iron & Steel Co's Debt-to-Equity falls into.


NSE:SUNFLAG
79GF Score
Sunflag Iron & Steel Co Ltd NSE:SUNFLAG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sunflag Iron & Steel Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Sunflag Iron & Steel Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(4181.2 + 1058.6) / 88725.2
=0.06

Sunflag Iron & Steel Co's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=( + ) /
=N/A

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Is Sunflag Iron & Steel Co (NSE:SUNFLAG) Overvalued in 2026?

Based on GuruFocus' analysis, Sunflag Iron & Steel Co stock appears to be overvalued. The current stock price of ₹345.10 is trading 29.6% above its estimated GF Value™ of ₹266.26. GuruFocus considers Sunflag Iron & Steel Co to be Modestly Overvalued.

Key valuation signals for NSE:SUNFLAG:

  • Debt-to-Equity:
  • GF Value™: ₹266.26 vs. price of ₹345.10 (29.6% above fair value)
  • GF Score™: 79/100 with 5 warning signs

No single metric tells the full story. See the NSE:SUNFLAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sunflag Iron & Steel Co Business Description

Other Exchanges 500404:India
Address Mount Road, 33/1, Sadar, Nagpur, MH, IND, 440001
Sunflag Iron & Steel Co Ltd is engaged in the business of manufacturing and selling special steel rolled products. The company offers rolled steel bars and wires, round steel bars and coils, round cornered steel bars and coils, flat steel bars, and more. It has only one operating segment, i.e., Iron and Steel Business, and operations are mainly within India.
79GF Score

Get the complete analysis for NSE:SUNFLAG

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹345.10
Price
₹266.26
GF Value