Star Cement
Q2 cement volume rose 4.8% YoY, but EBITDA fell 21% and PAT 44% on cost pressure. Management guides 12-13% H2 volume growth, citing coal supply relief and railway siding savings.
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Every earnings call, live and summarised
Earnings calls
Every Star Cement earnings call we streamed: the live audio and our summary of what management said.
Q2 cement volume rose 4.8% YoY, but EBITDA fell 21% and PAT 44% on cost pressure. Management guides 12-13% H2 volume growth, citing coal supply relief and railway siding savings.
Q2 cement volume rose 4.8% YoY, but EBITDA fell 21% and PAT 44% on cost pressure. Management guides 12-13% H2 volume growth, citing coal supply relief and railway siding savings.
Q3-Q4 volume +12-13% YoY; Siliguri grinding ₹350 Cr vs Bihar ₹550 Cr; Nimbol capex within ~₹3,000 Cr.
Star Cement faces a challenging Q1 with EBITDA declining 11.7% YoY despite revenue growth, primarily due to lower subsidies and one-time shutdown costs.
Star Cement reported record FY26 EBITDA of ₹944 Cr (+60% YoY). The company is executing an aggressive expansion plan to double cement capacity to 16.7 MTPA by FY29.
Star Cement reported Q4 FY26 revenue of ₹1,174 Cr and EBITDA of ₹324 Cr. Management focused on geographical expansion into North India and Bihar while maintaining strong Northeast margins.
Star Cement delivered a strong FY26 with EBITDA growth outpacing revenue, but aggressive multi-year capex and fuel cost inflation present looming margin pressures.
PhillipCapital report on Star Cement (Q3FY26) highlighting the transition to NextGen leadership and aggressive organic expansion from Northeast into North India.
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.