| 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
- ₹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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- Key figure
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