Star Cement FY26 Net Profit Jumps 131% to 39.04B Rupees
Star Cement reported a 131% increase in consolidated net profit to 39.04B rupees for FY26, with revenue growing to 377.64B rupees. Q4 net profit stood at 14.70B rupees. The Board approved leadership changes, re-appointing Tushar Bhajanka as MD & CEO and changing Prem Kumar Bhajanka's designation to Vice Chairman & Managing Director.
*this image is generated using AI for illustrative purposes only.
Star Cement Limited has reported its audited financial results for the fiscal year ended March 31, 2026, posting strong growth across key metrics. The company recorded a consolidated net profit of 39.04B rupees for the year, compared to 16.88B rupees in the previous year. Revenue from operations for the fiscal year stood at 377.64B rupees versus 316.33B rupees in FY25, driven by robust operational performance.
FY26 Financial Performance
The company's annual performance reflects significant improvement in profitability and operational efficiency. The following table summarises the key financial metrics for the year ended March 31, 2026:
| Metric: | FY26 | FY25 |
|---|---|---|
| Revenue from Operations: | 377.64B Rupees | 316.33B Rupees |
| Total Income: | 379.57B Rupees | 317.39B Rupees |
| Net Profit: | 39.04B Rupees | 16.88B Rupees |
| Basic EPS: | 9.73 Rupees | 4.18 Rupees |
For the fourth quarter ended March 31, 2026, the company reported a net profit of 14.70B rupees, up from 12.31B rupees in the corresponding period of the previous year. Quarterly revenue increased to 117.35B rupees from 105.20B rupees in Q4FY25.
Board Decisions and Leadership Changes
The Board of Directors, in its meeting held on May 22, 2026, approved the audited standalone and consolidated financial results. Additionally, the Board approved significant changes in the company's leadership structure. Mr. Prem Kumar Bhajanka's designation was changed from Managing Director to Vice Chairman & Managing Director with immediate effect. Furthermore, Mr. Tushar Bhajanka was re-appointed as Managing Director & Chief Executive Officer (CEO) for a further period of three years, effective from May 22, 2026, to May 21, 2029, subject to shareholder approval.
Corporate Governance Updates
In compliance with regulatory requirements, the Board approved the re-appointment of M/s B. G. Chowdhury & Co., Cost Accountants, as Cost Auditors for FY 2026-27, subject to ratification by shareholders. The Board also approved the conduct of a postal ballot to seek shareholder approval for the re-appointment of Mr. Tushar Bhajanka as MD & CEO with revised terms and conditions. The meeting commenced at 01:30 p.m. and concluded at 03:15 p.m.
Historical Stock Returns for Star Cement
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.65% | +2.50% | -2.34% | -1.52% | -4.44% | +104.53% |
How might Tushar Bhajanka's renewed three-year mandate as MD & CEO shape Star Cement's expansion strategy in underpenetrated northeastern markets?
Given the near-doubling of net profit in FY26, what capital allocation priorities—dividends, capacity expansion, or debt reduction—is Star Cement likely to pursue in FY27?
Could Star Cement's strong revenue growth attract increased competition or potential acquisition interest from larger cement conglomerates in the region?
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