Star Cement

Why is Star Cement Ltd. falling/rising?

As of 23-Jun, Star Cement Ltd. is seeing a slight stock price decline to 211.25, influenced by underperformance against the Sensex and reduced investor participation. Despite strong financial results and increased promoter confidence, the stock's bearish trend is evident from its trading below moving averages and decreased delivery volume.

As of 23-Jun, Star Cement Ltd. is experiencing a slight decline in its stock price, currently at 211.25, which reflects a change of -1.05 (-0.49%). This decrease can be attributed to several factors. Firstly, the stock has underperformed compared to the benchmark Sensex over the past week and month, with declines of -0.98% and -4.82%, respectively. Additionally, the stock is trading below its moving averages across various time frames, indicating a bearish trend.<BR><BR>Investor participation has also decreased, as evidenced by a significant drop in delivery volume, which fell by 26.83% compared to the 5-day average. This reduction in trading activity suggests a lack of confidence among investors. <BR><BR>Despite these negative indicators, there are positive aspects to consider. The company has reported strong financial results over the last three quarters, with a notable increase in profits and a high return on capital employed (ROCE) of 15.55%. Furthermore, promoter confidence has risen, with an increase in their stake by 0.5%, indicating a belief in the company's future prospects.<BR><BR>Overall, while there are positive signs regarding the company's performance and confidence from promoters, the current stock price decline is primarily driven by recent underperformance relative to the market, lower trading volumes, and the stock's position below key moving averages.

Which are the latest news on Star Cement?

What does Star Cement do?

Star Cement Ltd. is a leading cement manufacturer in North Eastern India, incorporated in 2001, with a market cap of INR 8,407 Cr and reported net sales of 1,174 Cr and net profit of 148 Cr for March 2026. The company has a P/E ratio of 21.00 and a dividend yield of 0.96%.

Overview:<BR>Star Cement Ltd. is one of the largest cement manufacturers in the North Eastern Region, operating within the Cement & Cement Products industry and categorized as a Small Cap company.<BR><BR>History:<BR>Incorporated on November 02, 2001, the company was originally known as Cement Manufacturing Company Limited and changed its name to Star Cement Limited on June 21, 2016. The latest quarterly results reported net sales and net profit for March 2026.<BR><BR>Financial Snapshot:<BR>Net Sales: 1,174 Cr (Quarterly Results - Mar 2026) <BR>Net Profit: 148 Cr (Quarterly Results - Mar 2026) <BR>Market Cap: INR 8,407 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 21.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.96% <BR>Debt-Equity: 0.15 <BR>Return on Equity: 12.59% <BR>Price to Book: 2.63 <BR><BR>Contact Details:<BR>Address: Lumshnong P O Khaliehriat, Jaintia Hills Meghalaya: 793210 <BR>Tel: 91-03655-278215/16/18 <BR>Email: investors@starcement.co.in <BR>Website: http://www.starcement.co.in

How big is Star Cement?

As of 10th June, Star Cement Ltd. has a market capitalization of 8,407.00 Cr and reported net sales of 3,776.48 Cr and net profit of 393.42 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Star Cement Ltd. has a market capitalization of 8,407.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 3,776.48 Cr, while the sum of Net Profit for the same period is 393.42 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2025. Shareholder's Funds are valued at 2,879.19 Cr, and Total Assets amount to 3,863.76 Cr.

Who are in the management team of Star Cement?

The management team of Star Cement includes Sajjan Bhajanka (Chairman & Managing Director), Rajendra Chamaria (Vice Chairman & Managing Director), and several other directors and independent members, responsible for the company's operations and strategic direction.

The management team of Star Cement includes the following key individuals:<BR><BR>1. **Sajjan Bhajanka** - Chairman & Managing Director<BR>2. **Rajendra Chamaria** - Vice Chairman & Managing Director<BR>3. **Sanjay Agarwal** - Managing Director<BR>4. **Prem Kumar Bhajanka** - Managing Director<BR>5. **Plistina Dkhar** - Independent Director<BR>6. **Ibaridor Katherine War** - Independent Director<BR>7. **Debabrata Thakurta** - Company Secretary & Compliance Officer<BR>8. **Amit Kiran Deb** - Independent Director<BR>9. **Brij Bhushan Agarwal** - Director<BR>10. **Deepak Singhal** - Independent Director<BR>11. **Tushar Bhajanka** - Deputy Managing Director<BR>12. **Nirmalya Bhattacharyya** - Independent Director<BR>13. **Vivek Chawla** - Independent Director<BR>14. **Jagdish Chandra Toshniwal** - Independent Director<BR>15. **Ramit Budhraja** - Independent Director<BR>16. **Keshav Bhajanka** - Additional Director<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Star Cement?

Star Cement's peers include ACC, The Ramco Cement, JSW Cement, India Cements, Nuvoco Vistas, JK Lakshmi Cement, Birla Corporation, Prism Johnson, Heidelberg Cement, and Orient Cement. In terms of management risk, growth, capital structure, and returns, Star Cement is rated average across most metrics, with a 1-year return of -4.10%.

Peers: The peers of Star Cement are ACC, The Ramco Cement, JSW Cement, India Cements, Nuvoco Vistas, JK Lakshmi Cem., Birla Corpn., Prism Johnson, Heidelberg Cem., and Orient Cement.<BR><BR>Quality Snapshot: Excellent management risk is observed at ACC, JK Lakshmi Cem., and Heidelberg Cem., while Average management risk is found at The Ramco Cement, India Cements, Nuvoco Vistas, Star Cement, Birla Corpn., Prism Johnson, and Orient Cement. Below Average management risk is noted for JSW Cement. Growth is rated as Good for JSW Cement, while Below Average growth is seen at ACC, The Ramco Cement, India Cements, Nuvoco Vistas, Star Cement, JK Lakshmi Cem., Birla Corpn., Prism Johnson, Heidelberg Cem., and Orient Cement. Excellent capital structure is attributed to ACC, Star Cement, and Heidelberg Cem., while Good capital structure is noted for JK Lakshmi Cem., and Average capital structure is found at Birla Corpn. and the rest.<BR><BR>Return Snapshot: India Cements has the highest 1-year return at 12.20%, while Birla Corpn. has the lowest at -33.75%. Star Cement's 1-year return of -4.10% is better than Birla Corpn. but worse than India Cements. Additionally, the six-month return is negative for ACC, JK Lakshmi Cem., Birla Corpn., and Orient Cement.

Are Star Cement Ltd. latest results good or bad?

Star Cement Ltd.'s latest quarterly results are strong, with a 97.68% QoQ profit increase and 33.36% revenue growth. However, the full-year performance shows a 43.05% profit decline, raising concerns about long-term sustainability despite the positive quarterly figures.

Star Cement Ltd.'s latest results present a mixed picture. In the fourth quarter of FY26, the company reported a net profit of ₹148.10 crore, which is a significant increase of 97.68% quarter-on-quarter (QoQ). Revenue also saw a strong uptick, reaching ₹1,173.55 crore, reflecting a 33.36% QoQ growth. Additionally, the operating margin improved to 26.85%, the highest in eight quarters, indicating effective cost management during peak demand.<BR><BR>However, when looking at the full-year performance, there are concerning trends. For FY26, the annual profit plummeted by 43.05% to ₹168.00 crore, despite a modest revenue growth of 8.70%. This stark contrast between quarterly strength and annual weakness raises questions about sustainability.<BR><BR>Moreover, the company's return on equity (ROE) stands at 9.62%, which is below industry peers, suggesting inefficiencies in capital utilization. The decline in annual profitability, coupled with elevated valuations, indicates that while the recent quarterly results are impressive, they may not reflect a robust long-term outlook.<BR><BR>In summary, while the latest quarterly results are strong, the overall financial health and sustainability of Star Cement raise concerns, making the outlook cautious despite the positive quarterly performance.

Should I buy, sell or hold Star Cement Ltd.?

When is the next results date for Star Cement Ltd.?

The next results date for Star Cement Ltd. is 22 May 2026.

The next results date for Star Cement Ltd. is scheduled for 22 May 2026.

Is Star Cement technically bullish or bearish?

As of December 4, 2025, Star Cement's technical trend is neutral with mixed signals, showing a mildly bearish weekly MACD and Bollinger Bands, but a bullish RSI and daily moving averages, indicating weak overall trend strength and no clear direction.

As of 4 December 2025, the technical trend for Star Cement has changed from mildly bearish to sideways. The current technical stance is neutral, with mixed signals across various indicators. The weekly MACD is bearish, while the RSI indicates bullish momentum. Moving averages on the daily chart show a mildly bullish trend, but the weekly Bollinger Bands and KST are bearish. Dow Theory also reflects a mildly bearish stance on the weekly timeframe. Overall, the strength of the current trend is weak, with no clear direction emerging from the mixed indicators.

Is Star Cement overvalued or undervalued?

As of December 2, 2025, Star Cement is considered overvalued with a valuation grade of expensive, reflected by a PE ratio of 30.07, an EV to EBITDA of 12.21, and a PEG ratio of 0.57, despite a strong 1-year return of 18.53% compared to the Sensex's 6.09%, but it has underperformed year-to-date with a decline of 2.87%.

As of 2 December 2025, the valuation grade for Star Cement has moved from very expensive to expensive. The company is currently considered overvalued based on its financial metrics. Key ratios include a PE ratio of 30.07, an EV to EBITDA of 12.21, and a PEG ratio of 0.57, which suggests that while growth expectations are present, the current price may not justify the earnings potential.<BR><BR>In comparison to its peers, Star Cement's PE ratio is significantly higher than Ambuja Cements at 23.28 and Dalmia Bharat Ltd at 33.54, both categorized as expensive. Additionally, while the company has shown a strong 1-year return of 18.53% compared to the Sensex's 6.09%, its recent performance has lagged, with a year-to-date decline of 2.87% against the Sensex's gain of 8.96%. This combination of high valuation ratios and underperformance relative to peers indicates that Star Cement is overvalued in the current market context.

How has been the historical performance of Star Cement?

Star Cement has shown significant revenue growth, with net sales rising to 3,163.39 Cr in Mar'25 from 1,831.04 Cr in Mar'19, but faced declines in profitability and cash flow, with profit after tax dropping to 168.82 Cr in Mar'25 from 295.11 Cr in Mar'24. Total assets increased to 3,863.76 Cr by Mar'25, indicating expansion, despite rising liabilities and liquidity pressures.

Answer:<BR>The historical performance of Star Cement shows a steady increase in net sales and operating income over the years, with net sales rising from 1,831.04 Cr in Mar'19 to 3,163.39 Cr in Mar'25. Total operating income followed a similar trend, reaching 3,163.39 Cr in Mar'25 from 1,831.04 Cr in Mar'19. The company has experienced fluctuations in its operating profit, with a peak of 589.21 Cr in Mar'25, although it was higher at 582.79 Cr in Mar'24. Profit before tax saw a decline to 225.67 Cr in Mar'25 from 423.58 Cr in Mar'24, while profit after tax also decreased to 168.82 Cr in Mar'25 from 295.11 Cr in Mar'24. The earnings per share (EPS) dropped to 4.18 in Mar'25 from 7.3 in Mar'24. On the balance sheet, total assets increased significantly from 2,068.82 Cr in Mar'20 to 3,863.76 Cr in Mar'25, with total liabilities also rising to 3,863.76 Cr in Mar'25 from 2,068.82 Cr in Mar'20. The cash flow from operating activities decreased to 296.00 Cr in Mar'25 from 489.00 Cr in Mar'24, while cash flow from investing activities was negative at -528.00 Cr in Mar'25.<BR><BR>Breakdown:<BR>Star Cement's financial trajectory highlights a robust growth in net sales, which surged to 3,163.39 Cr in Mar'25, marking a significant increase from 1,831.04 Cr in Mar'19. Operating income mirrored this growth, reaching 3,163.39 Cr in Mar'25. However, the operating profit showed some volatility, peaking at 589.21 Cr in Mar'25 but down from 582.79 Cr in the previous year. Profit before tax and profit after tax both declined in Mar'25, indicating challenges in maintaining profitability, with figures of 225.67 Cr and 168.82 Cr, respectively. The company's total assets grew substantially to 3,863.76 Cr by Mar'25, reflecting its expanding operations, while total liabilities also increased correspondingly. Cash flow from operating activities saw a decline, suggesting potential liquidity pressures, as it fell to 296.00 Cr in Mar'25 from 489.00 Cr in Mar'24. Overall, while Star Cement has shown impressive revenue growth, recent declines in profitability and cash flow warrant attention.

Who are the top shareholders of the Star Cement?

The top shareholders of Star Cement include promoters, with Sajjan Bhajanka holding 12.02%, and Ultratech Cement Limited as the largest public shareholder at 8.42%. Other shareholders include mutual funds at 5.16%, foreign institutional investors at 2.02%, and individual investors at 6.41%.

The top shareholders of Star Cement include a mix of promoters and institutional investors. The majority of the shares are held by promoters, with Sajjan Bhajanka being the promoter with the highest holding at 12.02%. Ultratech Cement Limited is the highest public shareholder, holding 8.42%. Additionally, mutual funds hold 5.16% of the shares through nine different schemes, while foreign institutional investors (FIIs) hold 2.02% across 71 entities. Individual investors account for 6.41% of the total shareholding.

Has Star Cement declared dividend?

Yes, Star Cement Ltd. has declared a 100% dividend, amounting to 1 per share, with an ex-date of February 17, 2020. However, the dividend yield is 0%, as it does not contribute to total returns, which have been strong due to significant price appreciation over various periods.

Star Cement Ltd. has declared a 100% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 100%<BR>- Amount per share: 1 per share<BR>- Ex-date: 17 Feb 20<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 Months period, the price return was 7.42%, with a dividend return of 0%, resulting in a total return of 7.42%.<BR><BR>In the 1 Year period, the price return was 2.11%, with a dividend return of 0%, resulting in a total return of 2.11%.<BR><BR>In the 2 Years period, the price return was 50.31%, with a dividend return of 0%, resulting in a total return of 50.31%.<BR><BR>In the 3 Years period, the price return was 145.55%, with a dividend return of 0%, resulting in a total return of 145.55%.<BR><BR>In the 4 Years period, the price return was 97.82%, with a dividend return of 0%, resulting in a total return of 97.82%.<BR><BR>In the 5 Years period, the price return was 179.95%, with a dividend return of 0%, resulting in a total return of 179.95%.<BR><BR>Overall, while Star Cement has declared a dividend, the dividend yield remains at 0%, indicating that the dividend does not contribute to the total returns in recent periods. The company has shown strong price returns across all periods, suggesting robust growth in its stock value.