Star Cement
257.75
-1.80(-0.69%)
Market Cap₹10,704.60 Cr
PE Ratio44.19
IndustryConstruction
Company Performance:
1D-0.69%
1M-5.12%
6M+15.66%
1Y+23.53%
5Y+214.52%
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More news about Star Cement
25Aug 25
Star Cement North East Secures Preferred Bidder Status for Limestone Block
Star Cement North East has been declared the preferred bidder for a limestone block, potentially enhancing its raw material sourcing capabilities. This development could lead to improved supply chain stability, cost optimization, better quality control, and support future expansion plans for the cement manufacturer. However, the company still needs to complete further processes to finalize the acquisition of mining rights.
22Aug 25
Star Cement North East Secures Preferred Bidder Status for Strategic Limestone Block in Rajasthan
Star Cement Limited's subsidiary, Star Cement North East Limited, has been declared the preferred bidder for the Parewar (SN-IV) limestone block in Rajasthan. The block, spanning 960 hectares with estimated resources of 271.38 million tonnes, was secured through a competitive e-auction process conducted by the Rajasthan government. This strategic move aims to ensure long-term raw material supply for the company's cement manufacturing operations. Star Cement, with a current market share of 26.5% in northeastern India, operates with a grinding capacity of 7.7 MTPA and a clinker capacity of 6.1 MTPA. The company has planned a capex of ₹380.00 crore for the second half of the current financial year.
19Aug 25
Star Cement Reports Strong Q1 Results, Plans Major Expansion
Star Cement Limited reported robust Q1 financial results with revenue increasing 15% to Rs. 847.00 crores, EBITDA doubling to Rs. 230.00 crores, and profit after tax tripling to Rs. 98.00 crores year-over-year. The company sold 12.22 lakh tons of cement and 0.74 lakh tons of clinker, maintaining a 27-28% market share in Northeast India. Star Cement announced expansion plans including new plants in Silchar and Jorhat, and a major expansion into Rajasthan. The company also diversified into AAC blocks and plans to invest in solar power capacity.
08Aug 25
Star Cement Reports Strong Q1 Results, Declares 100% Interim Dividend
Star Cement Limited announced robust financial results for Q1 ended June 30. Consolidated revenue increased by 21.4% to Rs 911.99 crore, while net profit surged 216.7% to Rs 98.16 crore. The company declared a 100% interim dividend (Re. 1 per share). Its subsidiary, Star Smart Building Solutions Limited, launched production of AAC blocks and construction chemicals in Guwahati, expanding the product portfolio.
08Aug 25
Star Cement Reports Stellar Q1 Results with 217% Surge in Net Profit
Star Cement Limited announced impressive Q1 financial results with a 217% increase in consolidated net profit to ₹985.00 crore. Revenue from operations grew by 21.4% to ₹9,119.92 crore, while EBITDA rose by 96.6% to ₹2,280.00 crore. The company's EBITDA margin expanded significantly to 25.02%. The Board of Directors declared an interim dividend of ₹1.00 per share, with the record date set for August 14. Star Cement's performance was driven by increased demand, improved pricing power, and enhanced operational efficiencies.
03Jul 25
Star Cement's Chief Mineral Resources Officer Steps Down
Star Cement Limited announced the resignation of its Chief Mineral Resources Officer, effective July 2. The executive cited personal reasons for the departure. The company has not provided information on the impact of this resignation on its operations or any succession plans.
02Jun 25
Star Cement Launches Commercial Production of AAC Blocks in Assam
Star Cement has commenced commercial production of Autoclaved Aerated Concrete (AAC) blocks at its manufacturing unit in Chamata Pathar, Sonapur, Assam. This strategic diversification expands the company's product portfolio beyond traditional cement offerings. The new AAC block production line is integrated into Star Cement's existing manufacturing complex, leveraging established infrastructure and distribution networks in Northeast India. This move is expected to strengthen the company's position in the building materials sector, tapping into the growing demand for sustainable and efficient construction materials.
21May 25
Star Cement Reports Strong Q4 Results with Revenue and Profitability Growth
Star Cement has announced strong Q4 results with significant growth across key financial metrics. Revenue increased by 15.2% to ₹1,052 crore, while net profit surged 40.5% to ₹123.2 crore. EBITDA grew by 46.1% to ₹262.6 crore, with the EBITDA margin expanding to 25% from 19.7% year-over-year. This performance indicates improved operational efficiency and cost management in a competitive market environment.
17Mar 25
Star Cement Subsidiary Secures Preferred Bidder Status for Massive Limestone Block in Assam
Star Cement Meghalaya Ltd, a subsidiary of Star Cement Ltd, has been declared the preferred bidder for a 400-hectare limestone block in Assam's Boro Hundong, Dima Hasao district. The block contains an estimated 146.75 million tonnes of limestone. This acquisition through e-auction by the Assam government strengthens the company's raw material resources and positions it for potential future expansion in the northeastern region.
17Mar 25
Star Cement Subsidiary Secures Preferred Bidder Status for Strategic Limestone Block in Assam
Star Cement Meghalaya Limited, a subsidiary of Star Cement Limited, has been declared the preferred bidder for the Boro Hundong Limestone Block in Assam's Dima Hasao District. The block covers 400 hectares and contains an estimated 146.75 million tonnes of limestone. This strategic acquisition could secure long-term raw material supply for cement production, enable better cost management through vertical integration, and support future expansion plans.
04Mar 25
Star Cement Secures Preferred Bidder Status for Massive Limestone Block in Assam
Star Cement Limited has been declared the 'Preferred Bidder' for the North Boro Hundong Limestone Block (Part – A) in Assam's Dima Hasao district. The block spans 200 hectares and contains an estimated 192.36 million tonnes of limestone. This development could significantly enhance the company's raw material reserves and future production capabilities in the northeastern market.
Star Cement
257.75
-1.80
(-0.69%)
1 Year Returns:+23.53%
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