Star Cements Ltd is engaged in manufacturing and selling of Cement Clinker & Cement. It sells its products across north-eastern and eastern states in India.[1]It is the largest cement manufacturer in North-east India.[2]
Product Offerings[1]Ordinary portland cement (OPC), Portland Pozzolana cement(PPC), Anti-rust cement (ARC), Portland Composite Cement (PCC) and Weather Shield Cement (WSC)
| S.No. | Name | Current Price (Rs.) | Price to Earning | Market Capitalization (Rs.Cr.) | Dividend yield (%) | Net Profit latest quarter (Rs.Cr.) | YOY Quarterly profit growth (%) | Sales latest quarter (Rs.Cr.) | YOY Quarterly sales growth (%) | Return on capital employed (%) | Sales (Rs.Cr.) | OPM (%) | Profit after tax (Rs.Cr.) | Profit after tax latest quarter (Rs.Cr.) | Price to book value | Return on assets (%) | Debt to equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | UltraTech Cem. | 12204.00 | 49.03 | 359626.46 | 0.64 | 1237.98 | 75.23 | 19606.93 | 20.33 | 10.89 | 81724.53 | 18.35 | 7334.75 | 1231.58 | 4.99 | 5.19 | 0.35 |
| 2. | Grasim Inds | 2865.30 | 45.06 | 194989.89 | 0.35 | 1498.04 | 68.24 | 39899.58 | 16.59 | 7.50 | 159663.26 | 20.07 | 4327.58 | 553.48 | 1.96 | 1.69 | 2.06 |
| 3. | Ambuja Cements | 563.55 | 24.24 | 139299.61 | 0.35 | 2302.28 | 233.64 | 9174.49 | 21.48 | 10.50 | 38772.67 | 18.83 | 5746.21 | 1935.75 | 2.48 | 7.02 | 0.02 |
| 4. | Shree Cement | 27670.00 | 58.08 | 99835.43 | 0.40 | 309.82 | 303.60 | 4761.07 | 17.44 | 6.71 | 20146.65 | 23.33 | 1718.89 | 308.51 | 4.45 | 3.97 | 0.10 |
| 5. | J K Cements | 5749.50 | 42.93 | 44425.38 | 0.26 | 159.25 | 275.56 | 3019.20 | 17.93 | 13.99 | 12883.19 | 18.56 | 1034.93 | 160.53 | 6.85 | 5.11 | 1.00 |
| 6. | Dalmia BharatLtd | 2115.60 | 35.66 | 39681.45 | 0.43 | 239.00 | 413.04 | 3417.00 | 10.69 | 5.58 | 14325.00 | 20.13 | 1112.86 | 236.00 | 2.24 | 2.48 | 0.40 |
| 7. | ACC | 1752.00 | 10.18 | 32900.33 | 0.43 | 1119.26 | 401.44 | 5931.67 | 27.99 | 17.44 | 24060.83 | 14.84 | 3230.72 | 1119.23 | 1.65 | 9.46 | 0.02 |
| 8. | Star Cement | 220.86 | 278.26 | 8926.73 | 0.45 | 15.35 | 140.53 | 521.67 | 29.53 | -3.39 | 2175.83 | 13.06 | 32.08 | 15.35 | 5.50 | -2.28 | 0.35 |
| – | Median: 34 Co. | 208.63 | 33.6 | 3182.5 | 0.2 | 17.54 | 119.45 | 561.6 | 16.98 | 5.42 | 2379.46 | 11.98 | 46.97 | 17.73 | 2.32 | 1.08 | 0.62 |
Standalone figures in ₹ crores
| Dec 2022 | Dec 2023 | Dec 2024 | Jun 2023 | Jun 2024 | Jun 2025 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2022 | Sep 2023 | Sep 2024 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 621 | 659 | 451 | 773 | 472 | 545 | 833 | 860 | 658 | 596 | 602 | 403 | 522 |
Expenses | 556 | 553 | 463 | 680 | 452 | 445 | 715 | 742 | 549 | 545 | 525 | 410 | 434 |
Operating Profit | 65 | 106 | -12 | 93 | 20 | 100 | 118 | 118 | 109 | 51 | 77 | -7 | 87 |
Other Income | 6 | 4 | 3 | 6 | 3 | 4 | 5 | 25 | 4 | 8 | 5 | 4 | 5 |
Profit before tax | 47 | 87 | -67 | 77 | -20 | 40 | 100 | 116 | 54 | 37 | 59 | -52 | 25 |
Tax % | 36% | 35% | -34% | 30% | -35% | 40% | 31% | 37% | 32% | 37% | 38% | -28% | 37% |
Net Profit | 30 | 56 | -44 | 54 | -13 | 24 | 69 | 73 | 37 | 24 | 37 | -38 | 15 |
EPS in Rs | 0.75 | 1.40 | -1.10 | 1.34 | -0.32 | 0.60 | 1.70 | 1.82 | 0.91 | 0.58 | 0.91 | -0.94 | 0.38 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Sales | 735 | 1,114 | 1,416 | 1,284 | 1,464 | 1,695 | 1,773 | 1,664 | 2,196 | 2,707 | 2,894 | 1,992 | 2,176 |
Expenses | 672 | 938 | 1,251 | 1,104 | 1,139 | 1,387 | 1,487 | 1,423 | 1,964 | 2,395 | 2,500 | 1,883 | 1,892 |
Operating Profit | 64 | 176 | 165 | 180 | 325 | 308 | 286 | 241 | 232 | 312 | 394 | 109 | 284 |
Other Income | 1 | 0 | 0 | 2 | 4 | 40 | 28 | -8 | 23 | 27 | 40 | 14 | 16 |
Interest | 35 | 45 | 49 | 56 | 43 | 21 | 20 | 13 | 12 | 13 | 13 | 20 | 38 |
Depreciation | 45 | 86 | 61 | 40 | 57 | 46 | 43 | 48 | 72 | 78 | 82 | 188 | 210 |
Profit before tax | -15 | 45 | 56 | 86 | 228 | 280 | 251 | 173 | 170 | 249 | 339 | -85 | 52 |
Net Profit | -16 | 46 | 56 | 80 | 211 | 256 | 219 | 157 | 176 | 164 | 221 | -58 | 32 |
EPS in Rs | -3.74 | 10.98 | 1.34 | 1.91 | 5.03 | 6.10 | 5.30 | 3.81 | 4.36 | 4.06 | 5.46 | -1.45 | 0.79 |
Dividend Payout % | -67% | 73% | 0% | 0% | 20% | 0% | 19% | 0% | 0% | 0% | 0% | 0% | – |
Standalone figures in ₹ crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 42 | 42 | 42 | 42 | 42 | 42 | 41 | 41 | 40 | 40 | 40 | 40 | 40 |
Reserves | 468 | 474 | 530 | 586 | 796 | 1,009 | 1,077 | 1,234 | 1,259 | 1,423 | 1,643 | 1,584 | 1,583 |
Borrowings | 418 | 451 | 574 | 622 | 428 | 157 | 148 | 125 | 84 | 44 | 108 | 435 | 566 |
Other Liabilities | 183 | 290 | 349 | 338 | 420 | 337 | 352 | 493 | 529 | 618 | 647 | 662 | 511 |
Total Liabilities | 1,110 | 1,257 | 1,495 | 1,587 | 1,686 | 1,545 | 1,619 | 1,893 | 1,912 | 2,126 | 2,438 | 2,722 | 2,700 |
Fixed Assets | 375 | 309 | 263 | 286 | 274 | 256 | 274 | 435 | 495 | 499 | 488 | 1,528 | 1,483 |
Gross Block | 543.98 | 561.90 | 577.00 | 332.17 | 374.11 | 398.97 | 462.30 | 671.56 | 800.81 | 883.83 | 949.35 | 2,174.23 | – |
Accumulated Depreciation | 168.70 | 253.32 | 313.56 | 46.66 | 100.41 | 142.70 | 188.06 | 236.14 | 306.22 | 384.76 | 461.74 | 646.06 | – |
CWIP | 17 | 22 | 41 | 46 | 26 | 61 | 223 | 110 | 57 | 360 | 1,007 | 94 | 51 |
Investments | 239 | 239 | 239 | 239 | 239 | 239 | 239 | 279 | 408 | 347 | 339 | 340 | 375 |
Other Assets | 479 | 688 | 952 | 1,017 | 1,147 | 989 | 883 | 1,069 | 952 | 920 | 604 | 760 | 791 |
Total Assets | 1,110 | 1,257 | 1,495 | 1,587 | 1,686 | 1,545 | 1,619 | 1,893 | 1,912 | 2,126 | 2,438 | 2,722 | 2,700 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operating Activity | -22 | 41 | -43 | 85 | 247 | 502 | 453 | 272 | 260 | 326 | 407 | 19 |
Cash from Investing Activity | -52 | -21 | -33 | -76 | -18 | -141 | -115 | -235 | -80 | -162 | -531 | -325 |
Cash from Financing Activity | 63 | -12 | 73 | -8 | -231 | -290 | -180 | -38 | -211 | -52 | 36 | 307 |
Net Cash Flow | -11 | 8 | -4 | 1 | -2 | 71 | 158 | -1 | -31 | 112 | -88 | -0 |
Standalone Figures in ₹ Crores / Yearly
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 49 | 74 | 90 | 35 | 32 | 28 | 22 | 29 | 21 | 13 | 14 | 23 |
Inventory Days | 91 | 43 | 53 | 38 | 76 | 42 | 42 | 47 | 37 | 53 | 34 | 105 |
Days Payable | 86 | 84 | 93 | 46 | 99 | 50 | 48 | 97 | 85 | 85 | 59 | 106 |
Cash Conversion Cycle | 54 | 34 | 50 | 28 | 9 | 20 | 17 | -21 | -27 | -19 | -11 | 22 |
Working Capital Days | 7 | 20 | 49 | 106 | 124 | 72 | 31 | 22 | 0 | -31 | -45 | -48 |
ROCE % | 2% | 9% | 10% | 12% | 22% | 24% | 22% | 16% | 13% | 18% | 20% | -3% |
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