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Earnings Call

Star Cement Earnings Call: Key Takeaways

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.

Why this was an Alfa AlertNot a filter event. Management confirmed achieving the upper end of prior volume guidance but did not exceed it by the required 10% threshold.
Highlights
Revenue growthFY26 revenue ₹3,776 Cr vs ₹3,163 Cr FY25.
MarginsEBITDA/ton ₹1,871 in Q4; target ₹1,500+ for Northeast operations.
Demand visibilitySluggish April/May due to elections; expected pickup in June.
Management confidenceHigh; targeting 10-12% growth and maintaining premium pricing.

Growth

Q4 revenue grew to ₹1,174 Cr vs ₹1,052 Cr YoY; FY26 PAT reached ₹390 Cr vs ₹169 Cr YoY.

Outlook

Guidance of 10-12% volume growth for FY27. Extensive capex plan of ₹4,800 Cr for new units in Rajasthan and Bihar.

Risks

Sluggish demand due to elections; fuel cost inflation (₹250-300/ton impact); subsidy reductions in FY27.

Source

Earnings Call filed with BSE, NSE: STARCEMENT. Summary written with AI assistance from the document.

Read 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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