| Revenue growth | 24% YoY growth estimated for Q3FY26. |
|---|---|
| Margins | EBITDA/tonne seen at ₹1,449 (+48% YoY) despite pricing pressure. |
| Demand visibility | Strong structural volume recovery witnessed from mid-November 2025. |
| Management confidence | High; NextGen promoter actively managing operations and decision-making. |
Growth
Dec-25E revenue at ₹8,885mn (+24% YoY); EBITDA at ₹1,877mn (+80% YoY). Volume growth expected at +21% YoY.
Outlook
Doubling capacity to 18-20MTPA in 5 years via new clinker/grinding units in Rajasthan (Nimbol, Jaisalmer) and Assam (Umrangso).
Risks
Low rail connectivity in Northeast; high dependence on road logistics; GST rate cuts impacting state-level subsidy benefits.
Earnings Call filed with NSE, NSE: STARCEMENT. Summary written with AI assistance from the document.
Star Cement Ltd: key numbers
- Share price
- ₹186.61
- Market cap
- ₹7,542 Cr
- Revenue (annual)
- ₹3,776 Cr
- Net profit (annual)
- ₹393.4 Cr
- P/E (TTM)
- 20.4×Sector 33.0×
- Promoter holding
- 58.10%-0.02% QoQ
- FII holding
- 2.29%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
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