Star Cement Ltd.

Star Cement Ltd.

162.25
INR
-1.99
(-1.21%)
9.73EPS
21.19P/E
83.96BMarket Cap
Nov 05Next Earn
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
40.91
36.39
38.36
43.55
44.16
41.67
51.16
63.72
71.46
73.92
88.75
96.68
Basic EPS, GAAP
3.2
4.64
7.89
7.13
6.85
4.54
6.04
6.13
7.3
4.18
9.73
9.8
Free Cash Flow per Basic Share
2.31
7.16
10.03
14.71
6.13
5.88
5.33
-5.28
-13.53
-7.04
6.72
- -
Dividend per Share
- -
- -
- -
1.23
1.19
- -
- -
- -
- -
- -
2
- -
Book Value per Share
22.69
27.34
35.22
41.12
45.03
50.29
53.65
59.78
67.05
71.24
78.95
- -
Tangible Book Value per Share
22.69
27.33
35.21
41.11
45.02
50.26
53.53
59.69
66.93
71.05
78.83
- -
Basic Weighted Avg Shares
419
419
419
419
417
412
409
404
404
404
404
404
Sales/Revenue/Turnover
17,150
15,255
16,082
18,256
18,400
17,186
20,902
25,756
28,882
29,878
35,871
39,084
Operating Margin (%)
13.36
19.04
24.91
18.82
16.38
14.12
10.7
13.31
14.39
8.37
16.13
14.69
Depreciation Expense
1,715
1,179
1,207
1,056
930
900
1,216
1,311
1,466
3,319
3,653
3,665
Net Income, GAAP
1,340
1,947
3,307
2,988
2,855
1,871
2,468
2,476
2,951
1,690
3,934
3,962
Effective Tax Rate (%)
4.1
6.47
4.65
8.86
10.64
6.09
- -
34.78
30.33
25.19
26.65
26.82
Profit Margin (%)
7.82
12.76
20.56
16.37
15.52
10.89
11.81
9.61
10.22
5.66
10.97
10.14
Working Capital
3,877
5,895
7,380
7,604
7,558
8,832
5,651
3,024
-143
1,385
2,819
- -
LT Debt
3,817
3,715
1,988
18
24
17
80
48
848
2,999
5,023
- -
Total Equity
10,016
12,026
15,385
17,920
19,272
20,742
21,684
24,164
27,101
28,789
31,881
- -
Return on Invested Capital (%)
- -
9.09
19.17
16.22
14.09
8.28
- -
9.64
10.88
6.14
11.8
- -
Return on Capital (%)
- -
13.11
18.83
15.82
15.26
9.52
- -
10.9
11.4
6.2
12.07
- -
Return on Common Equity (%)
- -
18.57
25.22
18.67
15.95
9.52
11.63
10.8
11.51
6.05
12.96
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
1,010
- -
LT Borrowings
- -
4,932
- -
LT Finance Leases
- -
91
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
404
404
404
Market Capitalization
91,147
82,146
83,956

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
12,015
- -
Cash, Cash Equivalents & STI
- -
931
- -
Accounts Receivable, Net
- -
2,416
- -
Inventories
- -
4,656
- -
Total Current Liabilities
- -
9,196
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,010
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
12.48%
9.02%
10.74%
Free Cash Flow
-6.31%
-59.1%
-195.41%
Net Income, GAAP
20.8%
28.29%
132.79%
Sales/Revenue/Turnover
8.26%
16.1%
20.06%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
7,510
6,415
7,188
10,521
29,878
2026
9,120
- -
8,800
11,736
35,871
2027
9,429
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.77
0.14
0.22
3.05
4.18
2026
2.44
- -
1.85
3.66
9.73
2027
1.85
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
2
2027
- -
- -
- -
- -
- -

Company Description

CEO
Tushar Bhajanka
Full Time Employees
3,945
Sector
Non-energy minerals
Industry
Construction materials
Address
Century House Kolkata WB India 700088
IPO Date
Jun 16, 2017
Business
Star Cement Limited Star Cement Limited manufactures and sells cement and clinker products primarily in northeastern and eastern India, operating integrated cement plants in Lumshnong, Meghalaya; Sonapur near Guwahati, Assam; and Mohitnagar near Jalpaiguri, West Bengal, with a total installed capacity of approximately 7.7 million tonnes per annum (MTPA). The company offers Ordinary Portland Cement (OPC), Portland Pozzolana Cement (PPC), Portland Slag Cement, and value-added brands including Star Dhalai Master (premium) and Star Weather Shield Cement (super premium); it also generates captive power and markets products through over 14,000 dealers and retailers serving institutional customers such as Larsen & Toubro, National Hydro Power Corporation, Public Works Department, Indian Railways, and Ministry of Defence across 10 states, with exports to Nepal and Bhutan. Founded in 2001 and headquartered in Kolkata, West Bengal, Star Cement holds the largest market share in the North Eastern Region (NER) and leads in West Bengal and Bihar within the construction materials sector. Recent developments include an ambitious multi-year expansion plan targeting capacity growth to 12 MTPA short-term and 18-20 MTPA by FY2029-30 through greenfield and brownfield projects; a 2023 memorandum of understanding (MoU) with the Assam government for INR 1,400 crore investment in cement grinding units and Star Smart Building Solutions products like AAC blocks, construction chemicals, and ready-mix concrete in Guwahati, Cachar, and Jorhat; incorporation of wholly-owned subsidiary RI Pnar Cement Private Limited in Meghalaya in September 2024 for cement-related activities; and UltraTech Cement's acquisition of an 8.7% stake for INR 851 crore in December 2024.