ALFA Finder| Revenue growth | Revenue up 6.5% YoY to ₹902 Cr driven by volume growth. |
|---|---|
| Margins | EBITDA per ton fell to ₹1,497 from ₹1,774 YoY. |
| Demand visibility | Near-term muted by monsoons; recovery expected from Q3/Q4. |
| Management confidence | Cautious due to flooding but optimistic about H2 recovery and expansions. |
Growth
Revenue grew 6.5% YoY to ₹902 Cr; cement volumes rose 6.5%, but clinker sales dropped significantly.
Outlook
Management revised annual volume growth guidance down from 12% to 8-9% for FY27.
Risks
Ongoing Assam floods impact Q2 volumes; high fuel costs and subsidy reductions pressure margins.
Last quarter's promises, checked
Delivered
- Guided 10-12% growth (FY26) → delivered 11.6% growth in cement volumes (= BEAT)
- Guided INR 500-600 Cr capex (FY27) → delivered INR 2,700 Cr planned (= BEAT)
Partly delivered
- Guided INR 145-150 Cr subsidy → delivered lower subsidies impacting margins (= PARTIAL)
Missed
- Guided EBITDA INR 1,500-1,700/ton → delivered INR 1,497/ton (= MISS)
- Guided 10-12% annual growth → delivered 6.5% Q1 revenue growth (= MISS)
Earnings Call Transcript 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.