Star Cement
213.48
-0.37(-0.17%)
Market Cap₹8,804.53 Cr
PE Ratio23.57
IndustryConstruction
Company Performance:
1D-0.17%
1M-0.33%
6M-27.11%
1Y-1.39%
5Y+119.74%
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More news about Star Cement
28Jan 26
Star Cement Board Meet Feb 6 and Investor Call Feb 9 for Q3FY26 Results
Star Cement Limited has announced a comprehensive Q3FY26 financial disclosure schedule with board meeting on February 06, 2026 to approve unaudited results for quarter and nine months ended December 31, 2025, and consider 2nd interim dividend. This will be followed by an investor conference call on February 09, 2026 at 4:00 PM IST, hosted by PhillipCapital with senior management participation.
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19Nov 25
Star Cement Reports 20% Volume Growth and Record EBITDA in Q2
Star Cement Limited achieved robust Q2 results with 20% year-over-year volume growth, reaching 11.73 lakh tons in cement and clinker sales. Revenue increased by 26% to INR 811.00 crores, while EBITDA doubled to INR 194.00 crores, marking the company's highest ever quarterly EBITDA. Regional sales showed strong growth, with North East up 2% and Rest of East surging 45%. The company plans to expand its cement capacity from 7.67 MTPA to approximately 10 MTPA, with a 2 MTPA addition planned for the coming fiscal year. Shareholders recently approved a resolution to raise funds through securities issuance, supporting future growth initiatives.
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18Nov 25
Star Cement Shareholders Overwhelmingly Approve Fund Raising Through Securities Issuance
Star Cement Limited received shareholder approval for a special resolution to raise funds through security issuance. The postal ballot, conducted via remote e-voting, saw 99.89% of votes in favor. Out of 332,273,828 total votes cast, 331,922,530 were in favor and 351,298 against. The voting pattern showed strong support across all shareholder categories, with 100% approval from the Promoter & Promoter Group, 98.42% from Public Institutions, and 99.999% from Public Non-Institutions.
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07Nov 25
Star Cement Reports Robust Q2 FY26 Results, Plans Expansion in Bihar
Star Cement Limited reported impressive Q2 FY26 results with revenue up 26.3% to ₹811 crore and PAT surging 1083.3% to ₹71 crore. The company's cement sales volume grew to 10.73 lakh tons. Star Cement announced plans for a 2 million ton grinding unit in Bihar, expects to commission its Silchar project soon, and is considering a 4 million ton plant in Rajasthan. The company aims to reach a capacity of 18-20 million tons by FY29-FY30.
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07Nov 25
Star Cement Unveils Ambitious Multi-Year Business Guidance, Targets Significant Growth
Star Cement has announced a comprehensive multi-year business plan, targeting significant growth by FY2030. Key projections for FY2026 include incentives of ₹180-190 crores, volume of 5.4-5.5 million tons, and EBITDA of ₹1,500-1,550 per ton. The company aims for a 12% volume growth in FY2027 and expects ₹80-90 crores from new products like AAC blocks, construction chemicals, and ready-mix concrete. Star Cement plans to expand its production capacity to 18-20 million tons by FY2029-30, positioning itself as a major player in the Indian cement sector.
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04Nov 25
Star Cement Reports Q2 Results, Board Approves Fundraising Plan Up to ₹1,500 Crore
Star Cement Limited announced strong Q2 FY2026 results with revenue increasing 23.11% to ₹728.32 crore and net profit rising 36.83% to ₹30.50 crore year-over-year. For H1 FY2026, consolidated revenue reached ₹1,399.81 crore. The company's Board approved a fundraising plan of up to ₹1,500 crore through various modes, subject to shareholder approval via postal ballot ending November 17, 2025.
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17Oct 25
Star Cement Seeks Shareholder Approval for ₹1,500 Crore Fund Raising
Star Cement Limited plans to raise up to ₹1,500 crore through various means including equity shares, convertible instruments, and debentures. The company is seeking shareholder approval via postal ballot with e-voting from October 19 to November 17, 2025. Funds will be used for growth opportunities, investments in subsidiaries, debt repayment, and working capital. The Board of Directors approved this proposal on October 14, 2025, and results will be declared by November 19, 2025.
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14Oct 25
Star Cement Board Approves ₹1,500 Crore Fund Raising Plan
Star Cement Limited's Board of Directors has approved raising funds up to ₹1,500 crore through various methods including private placement, preferential issue, rights issue, and qualified institutions placement. The decision was made during a board meeting, and a dedicated committee has been authorized to handle the fund-raising process. The company will seek shareholder approval through a postal ballot. The fund-raising plan will be executed in compliance with applicable laws and regulatory approvals.
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09Oct 25
Star Cement to Discuss Fundraising Options in Upcoming Board Meeting
Star Cement Limited has announced a board meeting for October 14, 2025, to consider various fundraising proposals. The board will evaluate options including bonds, debentures, equity shares, and warrants, through methods such as preferential issue, private placement, and rights issue. Any decisions made will be subject to approvals from shareholders, stock exchanges, and regulatory authorities.
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23Sept 25
Star Cement Shareholders Approve Key Appointments and Resolutions at 24th AGM
Star Cement Limited held its 24th Annual General Meeting on September 23, approving key resolutions. Shareholders re-appointed three Independent Directors for five-year terms and selected M/s. MKB & Associates as Secretarial Auditors. The AGM also approved financial statements, director re-appointments, and commission payments. Notably, material related party transactions with group companies were authorized, including limits of ₹2,500 crore with Star Cement Meghalaya Limited, ₹3,000 crore with Star Cement North East Limited, and ₹1,000 crore with Star Smart Building Solutions Ltd. Chairman Sajjan Bhajanka addressed shareholders on company performance and industry trends.
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26Aug 25
Star Cement Fined ₹10.62 Lakh for EPF Non-Compliance
Star Cement Limited has been ordered to pay ₹10.62 lakh in damages by the Regional Provident Fund Commissioner – II, Shillong, for non-compliance with the EPF & MP Act. The order was issued on August 26, 2025, citing a violation of Section 14B of the Act. Star Cement stated that the damages amount has no financial impact on its operations or activities.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Star Cement
213.48
-0.37
(-0.17%)
1 Year Returns:-1.39%
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