| 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
- ₹175.60
- Market cap
- ₹7,097 Cr
- Revenue (annual)
- ₹3,776 Cr
- Net profit (annual)
- ₹393.4 Cr
- P/E (TTM)
- 21.0×Sector 33.5×
- Promoter holding
- 58.11%+0.01% QoQ
- FII holding
- 1.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Star Cement Ltd
All →Star Cement Management Change
Star Cement re-appointed Nirmalya Bhattacharyya as Non-Executive Independent Director for 24 months from 01 Feb 2027. It also appointed Gaurav Satnaliwala as Internal Auditor for five months.
- Execution
- 24 months (director re-appointment from 2027-02-01); 5 months (internal auditor from 2026-11-06)
Star Cement Dividend
Star Cement declared an interim dividend of Re 1 per equity share for FY 2026-27 at its November 6, 2026 board meeting. Record date is November 13, with payment by December 5, 2026.
Star Cement Q2 FY27 Results: Net Profit ₹39.6 Cr, Down 44.3% YoY
Star Cement Ltd reported revenue from operations of ₹831 Cr (+2.5% YoY) and net profit of ₹39.6 Cr (-44.3% YoY) for Q2 FY27.
- Key figure
- Net profit ₹39.6 Cr · -44.3% YoY
Star Cement Board Meeting Date
Star Cement Ltd intimated that its Board meeting is scheduled for 06 Nov 2026 to approve Q2/H1 FY27 unaudited results. No financial figures are disclosed yet.
Star Cement Annual General Meeting
Star Cement held its 25th Annual General Meeting on September 25, 2026. The company approved financial statements, director appointments, and limits for material related-party transactions.
Star Cement Promoter Buying (Off-Market)
Promoter group members executed an off-market gift transfer of shares. Arushi Kejriwal acquired 1,50,749 shares, while Saroj Kejriwal transferred 1,02,074 shares.