Star Cement Limited

Star Cement Limited

STARCEMENT.BO
Star Cement LimitedIN flagBombay Stock Exchange
209.45
INR
+0.15
- -
84.66BMarket Cap
Star Cement Limited
STARCEMENT.BO
(Bombay Stock Exchange)

Recent

price

209.45

P/E

ratio

- -

div

yld

- -

ROIC.AI

2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
40.91
36.39
38.36
43.55
44.16
41.67
51.16
63.72
71.46
78.24
- -
81.62
Revenue per Share
3.2
4.64
7.89
7.13
6.85
4.54
6.04
6.13
7.3
4.18
- -
5.8
Basic EPS, GAAP
2.31
7.16
10.03
14.71
6.13
5.88
5.33
-5.28
-13.53
-7.04
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
1.23
1.19
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1
26.42
34.3
40.19
43.63
48.62
51.36
58.05
65.32
69.48
- -
- -
Book Value per Share
23.89
28.68
36.69
42.74
46.25
50.26
52.95
59.69
66.93
71.02
- -
- -
Tangible Book Value per Share
419
419
419
419
417
412
409
404
404
404
- -
407
Basic Weighted Avg Shares
17,150
15,255
16,082
18,256
18,400
17,186
20,902
25,756
28,882
31,634
37,765
33,244
Sales/Revenue/Turnover
13.36
19.04
24.91
18.82
16.38
14.12
10.7
13.31
14.39
7.8
15.11
10.41
Operating Margin (%)
1,715
1,179
1,207
1,056
930
900
1,216
1,311
1,466
3,319
3,653
3,446
Depreciation Expense
1,340
1,947
3,307
2,988
2,855
1,871
2,468
2,476
2,951
1,690
3,934
2,364
Net Income, GAAP
4.1
6.47
4.65
8.86
10.64
6.09
- -
34.78
30.33
25.19
26.65
26.54
Effective Tax Rate (%)
7.82
12.76
20.56
16.37
15.52
10.89
11.81
9.61
10.22
5.34
10.42
7.11
Profit Margin (%)
3,877
5,895
7,380
7,604
7,558
8,832
5,651
3,024
-143
1,385
2,819
- -
Working Capital
3,817
3,715
1,988
18
24
17
80
48
848
2,999
5,023
- -
LT Debt
10,016
12,026
15,385
17,920
19,272
20,742
21,684
24,164
27,101
28,789
31,881
- -
Total Equity
- -
13.76
19.17
16.22
14.09
11.28
- -
9.64
10.91
6.01
11.83
- -
Return on Invested Capital (%)
- -
17.27
19.2
16.14
15.57
9.78
- -
11.24
11.71
6.43
22.34
21.64
Return on Capital (%)
- -
33.88
25.98
19.13
16.3
9.79
12.03
11.14
11.84
6.2
27.61
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
1,029
- -
LT Borrowings
- -
2,927
- -
LT Finance Leases
- -
72
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
404
- -
Market Capitalization
94,891
87,545
86,591

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
10,347
- -
Cash, Cash Equivalents & STI
- -
450
- -
Accounts Receivable, Net
- -
1,995
- -
Inventories
- -
4,464
- -
Total Current Liabilities
- -
8,962
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
1,029
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

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
8.8%
17.18%
19.38%
Total Cash Common Dividend
- -
- -
62.58%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,605
5,853
6,514
8,910
28,882
2025
7,510
6,415
7,188
10,521
31,634
2026
9,120
8,800
11,736
- -
37,765

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.31
1.01
1.82
- -
7.3
2025
0.77
0.14
0.22
3.05
4.18
2026
2.44
1.85
3.66
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Star Cement Limited, India's leading cement manufacturer in the Northeast region, engages in the production and sale of cement and clinker through its integrated manufacturing facilities; its core products include Ordinary Portland Cement (OPC) in 43-grade and 53-grade variants, Portland Pozzolana Cement (PPC), Portland Slag Cement (PSC), Portland Composite Cement (PCC), Anti-Rust Cement (ARC), premium Weather Shield Super Premium Cement, and branded offerings such as Star Weather Shield Cement and Star Dhalai Master Cement. The company, founded in 2001 as Cement Manufacturing Company Limited and rebranded in 2016 with headquarters in Kolkata, West Bengal, operates plants in Lumshnong and Khliehriat in Meghalaya, Sonapur near Guwahati in Assam, and Mohitnagar near Siliguri in West Bengal, serving markets across northeastern and eastern India including Assam, Meghalaya, West Bengal, Bihar, and beyond with a current capacity exceeding 10 million tonnes per annum. Recent developments encompass the 2024 commissioning of a 2 MTPA grinding unit by Star Cement North East Ltd. in Sonapur, Guwahati, and a 3 MTPA clinker unit in Lumshnong, Meghalaya, alongside ambitious expansions targeting 12 MTPA by fiscal 2027 and clinker capacity growth to 18 MTPA by FY29/30 through greenfield and brownfield projects including a proposed Rajasthan plant; in late 2024, UltraTech Cement acquired an 8.69% non-controlling stake for INR 8.51 billion from promoter entities, while the board approved a up-to INR 1,500 crore fundraising in October 2025 via private placement, preferential issue, rights issue, or qualified institutional placement to fuel these initiatives; sustainability efforts feature expanded solar power to 5.5 MW, Waste Heat Recovery Systems to 49 MW, and energy-efficient technologies.