Industrials · Q1FY27 · Consolidated

Sunflag's Q1 operating margin trails 112 Industrials peers

The consolidated margin was 2.87 percentage points below the sector median, while Rs 12.6 cr of other income contributed to pre-tax profit.

By Ashutosh

Filed 11 Aug 2026, 16:24 IST · after market close · Sunflag Iron & Steel Company Ltd (SUNFLAG)

Key takeaways

  • Sunflag reported consolidated Q1FY27 net profit of Rs 66.05 cr, with Rs 12.6 cr of other income included in pre-tax profit of Rs 88.01 cr.
  • Its operating margin of 11.06% was 2.87 percentage points below the 13.93% median for 112 Industrials peers that had reported.
  • The quarter's 24.95% tax rate resulted in consolidated EPS of Rs 3.66.

Price around the results

Other income formed part of Q1 profit

Sunflag's consolidated Q1FY27 profit before tax was Rs 88.01 cr, including Rs 12.6 cr of other income. Net profit after a 24.95% tax rate was Rs 66.05 cr, with EPS at Rs 3.66.

Operating margin lagged the Industrials peer set

The company's 11.06% operating margin was 2.87 percentage points below the 13.93% median among 112 Industrials companies that had reported the same quarter. This places Sunflag at a margin disadvantage against the available sector comparison.

Results were filed after the market close

Sunflag filed these consolidated results at 16:24 IST on 11 August 2026, after market close. No post-results stock reaction is covered here because the filing came after trading hours.

Q1FY27 at a glance

Consolidated figures as filed with NSE — cross-checked against an independent source.

Line itemQ1FY27
Revenue₹1,079 cr
Other income₹13 cr
Expenses₹960 cr
Operating profit₹119 cr
Operating margin (%)11.06%
Interest₹14 cr
Depreciation₹30 cr
Profit before tax₹88 cr
Tax₹22 cr
Net profit₹66 cr
EPS (₹)₹3.66

Operating margin of 11.06% compares with a Industrials sector median of 13.93% across 112 peers that have reported Q1FY27.

What to watch

  • Whether operating margin moves up from 11.06%.
  • Whether other income remains at Rs 12.6 cr or becomes a smaller part of pre-tax profit.
  • Whether the tax rate stays near 24.95%.