Star Cement Limited

Construction Materials · Cement & Cement Products

NSE: STARCEMENT BSE: 540575

₹181.96

Sept. 30, 2026 · NSE · nse_bhavcopy

Peers in Cement & Cement Products

The largest companies in the same industry by market cap. This company ranks #12 of 40. PE, ROE, 1Y return and scores come from the daily/weekly precomputed snapshot.

Company	Market cap (₹ Cr)	PE (TTM)	ROE	1Y return	Div. yield	Quality	Valuation	Momentum
UltraTech Cement Limited	322,850	42.6	10.1%	-9.4%	2.19%	58	13	48
Grasim Industries Limited	208,387	291.1	6.1%	9.8%	—	28	65	28
Ambuja Cements Limited	92,932	24.7	7.7%	-34.5%	0.53%	61	68	12
SHREE CEMENT LIMITED	80,622	52.8	7.5%	-23.7%	0.67%	71	25	47
JK Cement Limited	39,221	39.5	13.9%	-19.5%	0.39%	48	5	50
Dalmia Bharat Limited	31,580	399.9	6.4%	-24.5%	0.53%	71	43	14
ACC Limited	22,611	11.0	10.4%	-34.1%	0.62%	69	97	11
The Ramco Cements Limited	19,980	31.3	8.6%	-14.8%	0.30%	37	62	12
Star Cement Limited (this stock)	7,354	56.7	12.2%	-28.0%	0.55%	56	58	13

Valuation multiples

Current only. Market cap is the whole company's; sales/EBITDA are trailing-twelve-month standalone; debt and cash come from the latest filed standalone balance sheet (March 31, 2026). EBITDA = PBT + interest + depreciation.

Enterprise value

₹7,772 Cr

EV / EBITDA

17.2x

EV / Sales

3.22x

Market cap / Sales

3.05x

Earnings yield

1.76%

Quarterly Financials

Download CSV

Standalone Consolidated

↑ Positive

Quarterly Revenue

Jun 2026 quarterly revenue is Rs 585 Cr, up 6.7% YoY.

Period end	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)	Basic EPS
June 30, 2026	576	34	24	₹0.5900
March 31, 2026	785	99	68	₹1.6700
Dec. 31, 2025	532	35	23	₹0.5700
Sept. 30, 2025	522	25	15	₹0.3800
June 30, 2025	545	40	24	₹0.6000
March 31, 2025	658	54	37	₹0.9100
Dec. 31, 2024	451	-67	-44	₹-1.1000
Sept. 30, 2024	397	-52	-38	₹-0.9400
June 30, 2024	481	-20	-13	₹-0.3200
March 31, 2024	860	116	73	₹1.8180
Dec. 31, 2023	659	87	56	₹1.4000
Sept. 30, 2023	602	59	37	₹0.9100
June 30, 2023	773	77	54	₹1.3400

Quarterly income statement (standalone, ₹ Cr)

Indicator	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Total income (before exceptional items)	585	795	536	527	548	663	454	400	484	884	663	607	778
Operating revenue	576	785	532	522	545	658	451	397	481	860	659	602	773
Other income	9	10	4	5	4	4	3	4	3	25	4	5	6
Operating expenses	493	627	432	434	445	549	463	404	461	742	553	525	680
Operating profit	83	159	100	87	100	109	-12	-7	20	118	106	77	93
Operating profit margin	14.5%	20.2%	18.8%	16.7%	18.4%	16.6%	-2.7%	-1.9%	4.2%	13.7%	16.0%	12.8%	12.0%
Depreciation	48	56	56	55	52	50	52	47	39	22	20	20	19
Interest	10	11	10	13	11	9	5	2	4	4	3	4	3
Exceptional items, gain / (loss)	—	-4	-3	—	—	—	—	—	—	—	—	—	—
Profit before tax	34	99	35	25	40	54	-67	-52	-20	116	87	59	77
Tax	11	31	12	9	16	17	-22	-14	-7	43	31	22	23
Net profit	24	68	23	15	—	37	-44	-38	-13	73	56	37	54
EPS	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
Net profit (TTM)	130	—	—	—	—	-58	-22	79	153	221	216	190	177
EPS (TTM)	3.21	3.22	2.46	0.79	-0.53	-1.45	-0.54	1.96	3.81	5.47	5.35	4.70	4.37

Total income excludes exceptional items, which are shown on their own row. Trendlyne and Screener fold exceptional items into revenue or other income, so their totals differ from this table by exactly that row.

Annual Financials

Year ended	Revenue (₹ Cr)	PBT (₹ Cr)	Net profit (₹ Cr)
March 31, 2026	2,384	199	130
March 31, 2025	1,992	-85	-58
March 31, 2024	2,894	339	221
March 31, 2023	2,705	249	164

Annual income statement (standalone, ₹ Cr; CAGR to the latest year)

Indicator	CAGR 3Y	CAGR 5Y	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Total income (before exceptional items)	-4.1%	7.4%	2,407^†	2,006^†	2,933^†	2,732^†	2,201^†	1,685^†	1,801^†	1,735^†	1,488^†
Operating revenue	-4.1%	7.5%	2,384	1,992	2,894	2,705	2,178^†	1,664^†	1,773^†	1,695^†	1,484^†
Other income	—	—	23^†	14^†	40^†	27^†	23^†	21^†	28^†	40^†	4^†
Operating expenses	—	—	1,937^†	1,878^†	2,500^†	2,384^†	1,946^†	1,423^†	1,487^†	1,387^†	1,159^†
Operating profit	11.6%	13.1%	446^†	115^†	394^†	321^†	232^†	241^†	286^†	308^†	325^†
Operating profit margin	—	—	18.7%^†	5.7%^†	13.6%^†	11.9%^†	10.6%^†	14.5%^†	16.1%^†	18.2%^†	21.9%^†
Depreciation	—	—	219^†	188^†	82^†	78^†	72^†	48^†	43^†	46^†	57^†
Interest	—	—	45^†	20^†	13^†	13^†	12^†	13^†	20^†	21^†	43^†
Exceptional items, gain / (loss)	—	—	-7^†	0^†	0^†	0^†	0^†	-29^†	0^†	0^†	0^†
Profit before tax	-7.2%	2.9%	199	-85	339	249	170^†	173^†	251^†	280^†	228^†
Tax	—	—	69^†	-26^†	118^†	85^†	-6^†	15^†	32^†	24^†	17^†
Net profit	-7.4%	-3.7%	130	-58	221	164	176^†	157^†	219^†	256^†	211^†
EPS	-7.4%	-3.3%	3.22^†	-1.45^†	5.47^†	4.05^†	4.32^†	3.81^†	5.24^†	—	—

^† Derived: the sum of that fiscal year's four quarterly filings (a real annual filing is used wherever one exists). Checked against filed annual figures, the sum lands within 0.5% for about 94% of company-years.

Annual ratios (standalone)

Ratio	Mar 26	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
Operating margin	18.7%^†	5.7%^†	13.6%^†	11.9%^†	10.6%^†	14.5%^†	16.1%^†	18.2%^†	21.9%^†
EBIT margin	10.2%^†	-3.3%^†	12.2%^†	9.7%^†	8.4%^†	11.1%^†	15.3%^†	17.8%^†	18.3%^†
PBT margin	8.3%	-4.3%	11.7%	9.2%	7.8%^†	10.4%^†	14.2%^†	16.5%^†	15.4%^†
Net margin	5.5%	-2.9%	7.6%	6.1%	8.1%^†	9.5%^†	12.3%^†	15.1%^†	14.2%^†
Interest coverage	5.44x^†	-3.27x^†	27.17x^†	20.89x^†	14.78x^†	14.74x^†	13.83x^†	14.43x^†	6.25x^†
Dividend payout	62.1%^†	—	0.0%^†	0.0%^†	0.0%^†	0.0%^†	19.1%^†	—	—
Earnings retention	37.9%^†	—	100.0%^†	100.0%^†	100.0%^†	100.0%^†	80.9%^†	—	—
Current ratio	0.81x	0.68x	—	—	—	—	—	—	—
Quick ratio	0.47x	0.41x	—	—	—	—	—	—	—
Debt to equity	0.25x	0.26x	—	—	—	—	—	—	—
Return on equity	7.8%	-3.6%	—	—	—	—	—	—	—
Return on assets	4.7%	-2.1%	—	—	—	—	—	—	—
Return on capital employed	11.6%^†	-3.2%^†	—	—	—	—	—	—	—
Asset turnover	0.86x	0.73x	—	—	—	—	—	—	—

Margins and asset turnover use operating revenue (interest earned for banks, excluding other income), not total income. Liquidity, leverage and return ratios need a filed standalone balance sheet, which exists only for recent years; returns use year-end equity/assets. Dividend payout is shown only for companies with a dividend record. † = built from a summed fiscal year.

Revenue Mix

Data unavailable.

Cash Flow

Year ended	Operating (₹ Cr)	Investing (₹ Cr)	Financing (₹ Cr)	Capex (₹ Cr)	Free Cash Flow (₹ Cr)
March 31, 2026	441	-337	-125	114	327
March 31, 2025	19	-325	307	317	-298
March 31, 2024	407	-531	36	659	-252
March 31, 2023	304	-140	-52	416	-113
March 31, 2022	260	-80	-211	76	183

Balance Sheet (standalone)

Year ended	Total Assets (₹ Cr)	Total Equity (₹ Cr)	Reserves (₹ Cr)	Borrowings, Current (₹ Cr)	Borrowings, Non-current (₹ Cr)	Current Assets (₹ Cr)	Current Liabilities (₹ Cr)	Cash & Equivalents (₹ Cr)	Net Block (₹ Cr)	Inventory (₹ Cr)
March 31, 2026	2,779	1,674	1,634	33	392	551	684	8	1,406	228
March 31, 2025	2,722	1,624	1,584	42	382	465	687	28	1,509	181
March 31, 2024	—	—	—	—	—	—	—	—	—	—
March 31, 2023	—	—	—	—	—	—	—	—	—	—
March 31, 2022	—	—	—	—	—	—	—	—	—	—

Financial charts

Trend charts drawn from the standalone income-statement and ratio tables above (oldest year on the left); a gap means that period has no figure. Annual years marked † in the tables are derived from four quarters.