Star Cement Ltd
- Market Cap ₹ 8,232 Cr.
- Current Price ₹ 204
- High / Low ₹ 309 / 197
- Stock P/E 61.2
- Book Value ₹ 41.4
- Dividend Yield 0.98 %
- ROCE 12.0 %
- ROE 8.16 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 4.92 times its book value
- The company has delivered a poor sales growth of 7.45% over past five years.
- Company has a low return on equity of 5.82% over last 3 years.
- Dividend payout has been low at 10.3% of profits over last 3 years
- Promoter holding has decreased over last 3 years: -8.66%
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,114 | 1,416 | 1,284 | 1,464 | 1,695 | 1,773 | 1,664 | 2,196 | 2,707 | 2,894 | 1,992 | 2,384 | |
| 938 | 1,251 | 1,104 | 1,139 | 1,387 | 1,487 | 1,423 | 1,964 | 2,395 | 2,500 | 1,883 | 1,937 | |
| Operating Profit | 176 | 165 | 180 | 325 | 308 | 286 | 241 | 232 | 312 | 394 | 109 | 446 |
| OPM % | 16% | 12% | 14% | 22% | 18% | 16% | 14% | 11% | 12% | 14% | 5% | 19% |
| 0 | 0 | 2 | 4 | 40 | 28 | -8 | 23 | 27 | 40 | 14 | 16 | |
| Interest | 45 | 49 | 56 | 43 | 21 | 20 | 13 | 12 | 13 | 13 | 20 | 45 |
| Depreciation | 86 | 61 | 40 | 57 | 46 | 43 | 48 | 72 | 78 | 82 | 188 | 219 |
| Profit before tax | 45 | 56 | 86 | 228 | 280 | 251 | 173 | 170 | 249 | 339 | -85 | 199 |
| Tax % | -2% | -1% | 7% | 7% | 9% | 13% | 9% | -3% | 34% | 35% | -31% | 34% |
| 46 | 56 | 80 | 211 | 256 | 219 | 157 | 176 | 164 | 221 | -58 | 130 | |
| EPS in Rs | 10.98 | 1.34 | 1.91 | 5.03 | 6.10 | 5.30 | 3.81 | 4.36 | 4.06 | 5.46 | -1.45 | 3.22 |
| Dividend Payout % | 73% | 0% | 0% | 20% | 0% | 19% | 0% | 0% | 0% | 0% | 0% | 31% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 7% |
| 3 Years: | -4% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | -6% |
| 3 Years: | -6% |
| TTM: | 329% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | 7% |
| 1 Year: | -23% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 8% |
| 3 Years: | 6% |
| Last Year: | 8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 42 | 42 | 42 | 42 | 42 | 41 | 41 | 40 | 40 | 40 | 40 | 40 |
| Reserves | 474 | 530 | 586 | 796 | 1,009 | 1,077 | 1,234 | 1,259 | 1,423 | 1,643 | 1,584 | 1,634 |
| 451 | 574 | 622 | 428 | 157 | 148 | 125 | 84 | 44 | 108 | 435 | 432 | |
| 290 | 349 | 338 | 420 | 337 | 352 | 493 | 529 | 618 | 647 | 662 | 672 | |
| Total Liabilities | 1,257 | 1,495 | 1,587 | 1,686 | 1,545 | 1,619 | 1,893 | 1,912 | 2,126 | 2,438 | 2,722 | 2,779 |
| 309 | 263 | 286 | 274 | 256 | 274 | 435 | 495 | 499 | 488 | 1,528 | 1,418 | |
| CWIP | 22 | 41 | 46 | 26 | 61 | 223 | 110 | 57 | 360 | 1,007 | 94 | 43 |
| Investments | 239 | 239 | 239 | 239 | 239 | 239 | 279 | 408 | 347 | 339 | 340 | 365 |
| 688 | 952 | 1,017 | 1,147 | 989 | 883 | 1,069 | 952 | 920 | 604 | 760 | 952 | |
| Total Assets | 1,257 | 1,495 | 1,587 | 1,686 | 1,545 | 1,619 | 1,893 | 1,912 | 2,126 | 2,438 | 2,722 | 2,779 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 41 | -43 | 85 | 247 | 502 | 453 | 272 | 260 | 326 | 407 | 19 | 441 | |
| -21 | -33 | -76 | -18 | -141 | -115 | -235 | -80 | -162 | -531 | -325 | -337 | |
| -12 | 73 | -8 | -231 | -290 | -180 | -38 | -211 | -52 | 36 | 307 | -125 | |
| Net Cash Flow | 8 | -4 | 1 | -2 | 71 | 158 | -1 | -31 | 112 | -88 | -0 | -21 |
| Free Cash Flow | 18 | -77 | 10 | 224 | 439 | 232 | 176 | 185 | -89 | -252 | -296 | 328 |
| CFO/OP | 19% | -33% | 53% | 89% | 178% | 173% | 123% | 123% | 119% | 118% | 28% | 107% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 74 | 90 | 35 | 32 | 28 | 22 | 29 | 21 | 13 | 14 | 23 | 23 |
| Inventory Days | 43 | 53 | 38 | 76 | 42 | 42 | 47 | 37 | 53 | 34 | 105 | 214 |
| Days Payable | 84 | 93 | 46 | 99 | 50 | 48 | 97 | 85 | 85 | 59 | 106 | 234 |
| Cash Conversion Cycle | 34 | 50 | 28 | 9 | 20 | 17 | -21 | -27 | -19 | -11 | 22 | 3 |
| Working Capital Days | 20 | 49 | 106 | 124 | 72 | 31 | 22 | 0 | -31 | -45 | -48 | -39 |
| ROCE % | 9% | 10% | 12% | 22% | 24% | 22% | 16% | 13% | 18% | 20% | -3% | 12% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales Volume (Cement + Clinker) lac tons |
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| Cement Capacity MTPA |
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| Clinker Capacity MTPA |
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| Market Share in North-East % |
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| Trade Sales Mix % |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
52m - Star Cement schedules Q1FY27 results conference call on 10 August 2026 at 4:00 p.m. IST.
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Board Meeting Intimation for Inter Alia, To Consider, Approve And Take On Record The Unaudited Standalone And Consolidated Financial Results Of The Company For The First Quarter Ended 30Th June, 2026.
31 Jul - Board meets on 7 Aug 2026 to approve Q1 FY27 standalone and consolidated results; trading window reopens 10 Aug 2026.
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Announcement Under Regulation 30 Of SEBI (LODR) Regulation, 2015
16 Jul - NSE disposed Star Cement’s promoter reclassification application for 29 entities due to missing request letters.
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Newspaper Advertisement - Disclosure Under Regulation 30 & 47 Of The SEBI (LODR) Regulation, 2015
10 Jul - Newspaper advertisements published on 10 July 2026 for postal ballot notice dispatch and e-voting information.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 9 Jul
Annual reports
Concalls
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Product Offerings[1]
Company offers a diverse product mix that comprises Ordinary Portland Cement (OPC 43-Grade and OPC 53-Grade), Portland Pozzolana Cement (PPC), and value-added premium products (Anti-Rust and Weather Shield Cement).