About
Star Cement Limited manufactures and supplies cement and clinker products in India and internationally. The company offers ordinary Portland, Portland pozzolana, and antirust and weather shield products under the Star Cement brand. It also generates power, as well as provides fleet services. The company was formerly known as Cement Manufacturing Company Limited and changed its name to Star Cement Limited in June 2016. Star Cement Limited was incorporated in 2001 and is based in Kolkata, India.
Key Metrics
as of Sep 2026Market Cap7,690 Cr
P/E20.40
Div Yield1.05 %
Book Value₹79.00
52w High₹295.00
52w Low₹180.00
Face Value₹1.00
Quarterly Results
Rs. Crores · hover row for definition| Metric | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 576.00 | 785.00 | 532.00 | 522.00 | 545.00 | 658.00 | 451.00 | 403.00 | 472.00 | 860.00 | 659.00 | 602.00 | 773.00 |
| Expenses | 493.00 | 627.00 | 432.00 | 434.00 | 445.00 | 549.00 | 463.00 | 410.00 | 452.00 | 742.00 | 553.00 | 525.00 | 680.00 |
| Operating Profit | 83.00 | 159.00 | 100.00 | 87.00 | 100.00 | 109.00 | -12.00 | -7.00 | 20.00 | 118.00 | 106.00 | 77.00 | 93.00 |
| OPM % | 14.00 | 20.00 | 19.00 | 17.00 | 18.00 | 17.00 | -2.70 | -1.90 | 4.20 | 14.00 | 16.00 | 13.00 | 12.00 |
| Other Income | 9.00 | 6.00 | 2.00 | 5.00 | 4.00 | 4.00 | 3.00 | 4.00 | 3.00 | 25.00 | 4.00 | 5.00 | 6.00 |
| Depreciation | 48.00 | 56.00 | 56.00 | 55.00 | 52.00 | 50.00 | 52.00 | 47.00 | 39.00 | 22.00 | 20.00 | 20.00 | 19.00 |
| Interest | 10.00 | 11.00 | 10.00 | 13.00 | 11.00 | 9.00 | 5.00 | 2.00 | 4.00 | 4.00 | 3.00 | 4.00 | 3.00 |
| Profit before tax | 34.00 | 99.00 | 35.00 | 25.00 | 40.00 | 54.00 | -67.00 | -52.00 | -20.00 | 116.00 | 87.00 | 59.00 | 77.00 |
| Tax % | 31.00 | 31.00 | 35.00 | 37.00 | 40.00 | 32.00 | -34.00 | -28.00 | -35.00 | 37.00 | 35.00 | 38.00 | 30.00 |
| Net Profit | 24.00 | 68.00 | 23.00 | 15.00 | 24.00 | 37.00 | -44.00 | -38.00 | -13.00 | 73.00 | 56.00 | 37.00 | 54.00 |
| EPS in Rs | 0.59 | 1.67 | 0.57 | 0.38 | 0.60 | 0.91 | -1.10 | -0.94 | -0.32 | 1.82 | 1.40 | 0.91 | 1.34 |
Profit & Loss
Annual · Rs. Crores| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,384.00 | 1,992.00 | 2,894.00 | 2,707.00 | 2,196.00 | 1,664.00 | 1,773.00 | 1,695.00 | 1,464.00 | 1,284.00 | 1,416.00 | 1,114.00 |
| Expenses | 1,937.00 | 1,883.00 | 2,500.00 | 2,395.00 | 1,964.00 | 1,423.00 | 1,487.00 | 1,387.00 | 1,139.00 | 1,104.00 | 1,251.00 | 938.00 |
| Operating Profit | 447.00 | 109.00 | 394.00 | 312.00 | 232.00 | 241.00 | 286.00 | 308.00 | 325.00 | 180.00 | 165.00 | 176.00 |
| OPM % | 19.00 | 5.00 | 14.00 | 12.00 | 11.00 | 14.00 | 16.00 | 18.00 | 22.00 | 14.00 | 12.00 | 16.00 |
| Other Income | 16.00 | 14.00 | 40.00 | 27.00 | 23.00 | -8.00 | 28.00 | 40.00 | 4.00 | 2.00 | 0.00 | 0.00 |
| Interest | 45.00 | 20.00 | 13.00 | 13.00 | 12.00 | 13.00 | 20.00 | 21.00 | 43.00 | 56.00 | 49.00 | 45.00 |
| Depreciation | 219.00 | 188.00 | 82.00 | 78.00 | 72.00 | 48.00 | 43.00 | 46.00 | 57.00 | 40.00 | 61.00 | 86.00 |
| Profit before tax | 199.00 | -85.00 | 339.00 | 249.00 | 170.00 | 173.00 | 251.00 | 280.00 | 228.00 | 86.00 | 56.00 | 45.00 |
| Tax % | 34.00 | -31.00 | 35.00 | 34.00 | -3.00 | 9.00 | 13.00 | 9.00 | 7.00 | 7.00 | -1.00 | -2.00 |
| Net Profit | 130.00 | -58.00 | 221.00 | 164.00 | 176.00 | 157.00 | 219.00 | 256.00 | 211.00 | 80.00 | 56.00 | 46.00 |
| EPS in Rs | 3.22 | -1.45 | 5.46 | 4.06 | 4.36 | 3.81 | 5.30 | 6.10 | 5.03 | 1.91 | 1.34 | 10.98 |
| Dividend Payout % | 62.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 19.00 | 0.00 | 20.00 | 0.00 | 0.00 | 73.00 |
Balance Sheet
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 40.00 | 40.00 | 40.00 | 40.00 | 40.00 | 41.00 | 41.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 |
| Reserves | 1,634.00 | 1,584.00 | 1,643.00 | 1,423.00 | 1,259.00 | 1,234.00 | 1,077.00 | 1,009.00 | 796.00 | 586.00 | 530.00 | 474.00 |
| Borrowings | 432.00 | 435.00 | 108.00 | 44.00 | 84.00 | 125.00 | 148.00 | 157.00 | 428.00 | 622.00 | 574.00 | 451.00 |
| Other Liabilities | 672.00 | 662.00 | 647.00 | 618.00 | 529.00 | 493.00 | 352.00 | 337.00 | 420.00 | 338.00 | 349.00 | 290.00 |
| Total Liabilities | 2,779.00 | 2,722.00 | 2,438.00 | 2,126.00 | 1,912.00 | 1,893.00 | 1,619.00 | 1,545.00 | 1,686.00 | 1,587.00 | 1,495.00 | 1,257.00 |
| Fixed Assets | 1,418.00 | 1,528.00 | 488.00 | 499.00 | 495.00 | 435.00 | 274.00 | 256.00 | 274.00 | 286.00 | 263.00 | 309.00 |
| CWIP | 43.00 | 94.00 | 1,007.00 | 360.00 | 57.00 | 110.00 | 223.00 | 61.00 | 26.00 | 46.00 | 41.00 | 22.00 |
| Investments | 365.00 | 340.00 | 339.00 | 347.00 | 408.00 | 279.00 | 239.00 | 239.00 | 239.00 | 239.00 | 239.00 | 239.00 |
| Other Assets | 952.00 | 760.00 | 604.00 | 920.00 | 952.00 | 1,069.00 | 883.00 | 989.00 | 1,147.00 | 1,017.00 | 952.00 | 688.00 |
| Total Assets | 2,779.00 | 2,722.00 | 2,438.00 | 2,126.00 | 1,912.00 | 1,893.00 | 1,619.00 | 1,545.00 | 1,686.00 | 1,587.00 | 1,495.00 | 1,257.00 |
Cash Flows
Annual · Rs. Crores — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 441.00 | 19.00 | 407.00 | 326.00 | 260.00 | 272.00 | 453.00 | 502.00 | 247.00 | 85.00 | -43.00 | 41.00 |
| Cash from Investing Activity | -337.00 | -325.00 | -531.00 | -162.00 | -80.00 | -235.00 | -115.00 | -141.00 | -18.00 | -76.00 | -33.00 | -21.00 |
| Cash from Financing Activity | -125.00 | 307.00 | 36.00 | -52.00 | -211.00 | -38.00 | -180.00 | -290.00 | -231.00 | -8.00 | 73.00 | -12.00 |
| Net Cash Flow | -21.00 | 0.00 | -88.00 | 112.00 | -31.00 | -1.00 | 158.00 | 71.00 | -2.00 | 1.00 | -4.00 | 8.00 |
| Free Cash Flow | 328.00 | -296.00 | -252.00 | -89.00 | 185.00 | 176.00 | 232.00 | 439.00 | 224.00 | 10.00 | -77.00 | 18.00 |
| CFO/OP % | 107.00 | 28.00 | 118.00 | 119.00 | 123.00 | 123.00 | 173.00 | 178.00 | 89.00 | 53.00 | -33.00 | 19.00 |
Ratios
Annual · Days / % — latest first| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | Mar 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 23.00 | 23.00 | 14.00 | 13.00 | 21.00 | 29.00 | 22.00 | 28.00 | 32.00 | 35.00 | 90.00 | 74.00 |
| Inventory Days | 214.00 | 105.00 | 34.00 | 53.00 | 37.00 | 47.00 | 42.00 | 42.00 | 76.00 | 38.00 | 53.00 | 43.00 |
| Days Payable | 234.00 | 106.00 | 59.00 | 85.00 | 85.00 | 97.00 | 48.00 | 50.00 | 99.00 | 46.00 | 93.00 | 84.00 |
| Cash Conversion Cycle | 3.00 | 22.00 | -11.00 | -19.00 | -27.00 | -21.00 | 17.00 | 20.00 | 9.00 | 28.00 | 50.00 | 34.00 |
| Working Capital Days | -39.00 | -48.00 | -45.00 | -31.00 | 0.00 | 22.00 | 31.00 | 72.00 | 124.00 | 106.00 | 49.00 | 20.00 |
| ROCE % | 12.00 | -3.00 | 20.00 | 18.00 | 13.00 | 16.00 | 22.00 | 24.00 | 22.00 | 12.00 | 10.00 | 9.00 |
Corporate Actions
15 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 12 Feb 2026 | 12 Feb 2026 | — | 1.00 | |
| Dividend | 14 Aug 2025 | 14 Aug 2025 | — | 1.00 | |
| Other | 19 Sep 2024 | — | — | — | Annual General Meeting |
| Other | 21 Sep 2023 | — | — | — | Annual General Meeting |
| Other | 19 Sep 2022 | — | — | — | Annual General Meeting |
| Other | 27 Sep 2021 | — | — | — | Annual General Meeting |
| Other | 25 Aug 2021 | 26 Aug 2021 | — | — | Buy Back of Shares |
| Other | 25 Aug 2021 | 26 Aug 2021 | — | — | Buy Back |
| Other | 21 Sep 2020 | — | — | — | Annual General Meeting |
| Dividend | 17 Feb 2020 | 18 Feb 2020 | — | 1.00 | |
| Other | 17 Sep 2019 | — | — | — | Annual General Meeting |
| Other | 04 Jul 2019 | 05 Jul 2019 | — | — | Buy Back of Shares |
| Other | 04 Jul 2019 | 05 Jul 2019 | — | — | Buyback |
| Dividend | 23 Jul 2018 | — | — | 1.00 | |
| Other | 06 Sep 2017 | — | — | — | Annual General Meeting |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update31 Aug from crisil
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Rating update16 Jul 2025 from crisil
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Rating update2 Jun 2025 from crisil
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Rating update5 Nov 2024 from crisil
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Rating update9 Oct 2024 from crisil
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Rating update3 Apr 2024 from icra
Conference Calls
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