ALFA Finder| Revenue growth | FY26 revenue reached ₹3,776 Cr, up 19% YoY. |
|---|---|
| Margins | FY26 EBITDA margin improved significantly to ₹1,717/ton from ₹1,245/ton YoY. |
| Demand visibility | Strong Q4 demand fulfillment cited; expansion targeting high-growth NE and East markets. |
| Management confidence | High; fast-tracking land acquisition for expansion projects in Bihar and Rajasthan. |
Growth
Q4 FY26 Revenue grew 12% YoY to ₹1,174 Cr; EBITDA grew 19% to ₹318 Cr. FY26 PAT grew 131% YoY to ₹390 Cr.
Outlook
Planned capex of ₹3,650 Cr through FY29. Commissioning Bihar (FY28), Nimbol (FY29), and Haryana (FY29) units.
Risks
West Asia crisis impacting diesel and packing costs; railway route restrictions affecting coal availability and fuel costs.
Last quarter's promises, checked
Delivered
- Guided 10-12% Q4 volume growth → delivered 13% (= BEAT)
- Guided ~5.3 MT volume for FY26 → delivered 5.5 MT (= BEAT)
- Guided Silchar commissioning in Feb 2026 → delivered Feb 2026 (= BEAT)
Partly delivered
- Guided sustainable EBITDA ₹1,300-1,500/ton → delivered ₹1,717/ton (= BEAT/PARTIAL on sustainability)
Missed
- Guided FY27 capex revision in next call → delivered ₹700 Cr (vs unclear earlier plan) (= MISS)
Earnings Call filed with BSE, NSE: STARCEMENT. Summary written with AI assistance from the document.
Star Cement Ltd: key numbers
- Share price
- ₹174.99
- Market cap
- ₹7,073 Cr
- Revenue (annual)
- ₹3,776 Cr
- Net profit (annual)
- ₹393.4 Cr
- P/E (TTM)
- 20.9×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.