| 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
- ₹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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