| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 943 | 912 | +3.4% |
| EBITDA | 194 | 228 | −14.8% |
| EBITDA margin | 20.6% | 25.0% | −4.4 pts |
| Profit before tax | 97.5 | 135 | −27.6% |
| Net profit | 73.9 | 98.2 | −24.7% |
| EPS | ₹1.85 | ₹2.44 | −24.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 6,589 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 13.1 | 13.1 | 39.8 | 47.8 | 122 | ||
| −3.1 | −3.1 | −0.3 | 0.0 | 0.0 | ||
| 586 | 586 | 390 | 130 | 26.1 | ||
| 7,158 | — | — | — | — | ||
| 3,807 | 3,776 | 3,163 | 2,911 | 2,705 | ||
| — | +19.4% | +8.7% | +7.6% | — | ||
| 902 | 936 | 579 | 556 | 468 | ||
| 23.7% | 24.8% | 18.3% | 19.1% | 17.3% | ||
| 531 | 571 | 247 | 410 | 337 | ||
| 366 | 390 | 169 | 295 | 248 | ||
| 9.6% | 10.3% | 5.3% | 10.1% | 9.2% | ||
| ₹9.15 | ₹9.73 | ₹4.18 | ₹7.30 | ₹6.13 | ||
| — | +132.9% | −42.8% | +19.2% | — | ||
| — | 765 | 296 | 490 | 375 | ||
| — | −493 | −581 | −1,036 | −572 | ||
| 272 | 272 | −285 | −547 | −197 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 6,588.5 | |
| - Cash, Equiv & ST Investments | 121.6 | 47.8 | 39.8 | 13.1 | 13.1 | |
| + Minority Interest | 0.0 | 0.0 | -0.3 | -3.1 | -3.1 | |
| + Total Debt | 26.1 | 129.8 | 390.1 | 586.2 | 586.2 | |
| Enterprise Value | — | — | — | — | 7,158.5 | |
| Revenue | 2,704.8 | 2,910.7 | 3,163.4 | 3,776.5 | 3,807.4 | |
| Growth %, YoY | — | +7.6 | +8.7 | +19.4 | — | |
| EBITDA | 468.4 | 556.3 | 578.6 | 936.0 | 902.2 | |
| Margin % | 17.32 | 19.11 | 18.29 | 24.78 | 23.70 | |
| EBIT | 337.3 | 409.7 | 246.7 | 570.7 | 530.7 | |
| Net Income | 247.6 | 295.1 | 168.8 | 390.5 | 366.2 | |
| Margin % | 9.15 | 10.14 | 5.34 | 10.34 | 9.62 | |
| EPS, Adj (current shares) | 6.13 | 7.30 | 4.18 | 9.73 | 9.15 | |
| Growth %, YoY | — | +19.2 | -42.8 | +132.9 | — | |
| Cash from Operations | 375.2 | 489.7 | 296.5 | 764.9 | — | |
| Capital Expenditures | -571.9 | -1,036.5 | -581.2 | -493.2 | — | |
| Free Cash Flow | -196.6 | -546.7 | -284.7 | 271.7 | 271.7 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Star Cement (NSE: STARCEMENT) had a market capitalisation of ₹6,916 crore at the 30 October 2026 close (₹171.10 a share), a PE ratio of 18.7 on the last four quarters' profit and a price-to-book ratio of 2.17. In FY26 its consolidated net profit attributable to shareholders was ₹393 crore on revenue of ₹3,776 crore; in Q1 FY27 (April–June 2026) it was ₹74.7 crore, down 24.1% year on year. Its debt-to-equity ratio was 0.18 on 31 March 2026. Promoters held 58.11% of the shares on 30 September 2026.
Star Cement's PE ratio is 18.7 at the 30 October 2026 close (₹171.10 a share): a market capitalisation of ₹6,916 crore divided by consolidated net profit attributable to shareholders of ₹370 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹393 crore) it is 17.6.
Star Cement's price-to-book (PB) ratio is 2.17 at the 30 October 2026 close: a market capitalisation of ₹6,916 crore divided by shareholders' equity (book value) of ₹3,191 crore on 31 March 2026. That is a book value of ₹78.95 per share against a share price of ₹171.10.
Star Cement's net worth — shareholders' equity in its consolidated balance sheet — was ₹3,191 crore on 31 March 2026, up 10.8% from ₹2,879 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹6,916 crore at the 30 October 2026 close.
Star Cement's market capitalisation was ₹6,916 crore at the 30 October 2026 close: 40.42 crore shares at ₹171.10 each.
Star Cement's basic earnings per share (EPS) were ₹9.73 in FY26, against ₹4.18 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹9.14.
In 2026, Star Cement has declared one dividend: ₹1 (interim) with record date 12 February 2026.
No. Star Cement had borrowings of ₹586 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.18. Its cash and current investments were ₹125 crore, so its net debt was ₹462 crore.
Star Cement's debt-to-equity ratio was 0.18 on 31 March 2026: borrowings of ₹586 crore against total equity of ₹3,188 crore. A year earlier, on 31 March 2025, it was 0.14.
Star Cement's book value per share was ₹78.95 on 31 March 2026: shareholders' equity of ₹3,191 crore divided by the 40.42 crore shares in issue, up 10.8% from ₹71.24 a year earlier. The share price at the 30 October 2026 close was ₹171.10.
In FY26, Star Cement's return on equity (ROE) was 13.0% and its return on capital employed (ROCE) was 16.5%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 6.1% and ROCE 8.2%.
On 30 September 2026, Star Cement's shares were held by promoters 58.11%, foreign portfolio investors (FII/FPI) 1.66%, domestic institutions (DII) 2.49% (including mutual funds at 2.49%) and retail and other non-institutional investors 37.73%. Over the year, FII holding was down 1.30 percentage points from 2.96% and DII holding was down 1.89 percentage points from 4.38%.
Star Cement's latest results are for Q1 FY27 (April–June 2026), filed on 7 August 2026: consolidated net profit attributable to shareholders ₹74.7 crore, down 24.1% from ₹98.5 crore in Q1 FY26; revenue from operations ₹943 crore, up 3.4% year on year.
Star Cement's dividend yield is 0.58% at the 30 October 2026 close: dividends of ₹1 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹171.10. They were ₹1 on 12 February 2026 (interim).
Promoters held 58.11% of Star Cement on 30 September 2026, up 0.01 percentage points from 58.10% the previous quarter and up 0.52 percentage points from 57.59% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Star Cement generated ₹765 crore of cash from operations and spent ₹493 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹272 crore. In FY25 it was −₹285 crore.
In FY26 (April 2025–March 2026), Star Cement's consolidated net profit attributable to shareholders was ₹393 crore, up 132.9% from ₹169 crore in FY25, on revenue from operations of ₹3,776 crore (up 19.4%). Over three years, from FY23, net profit was up 58.9%.
Star Cement will announce its Q2 FY27 results (July–September 2026) on Friday, 6 November 2026, the date of the board meeting it has notified to the exchanges.
At the 30 October 2026 closing prices, on FY26 net profit attributable to shareholders, Star Cement's PE ratio is 17.6, the third highest of the four: Dalmia Bharat 22.1, Prism Johnson 65.3 and Orient Cement 7.0, a peer average of 31.5. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Dalmia Bharat, Prism Johnson and Orient Cement: Star Cement's operating margin of 15.1% is the highest of the four (Dalmia Bharat 11.7%, Prism Johnson 2.2%, Orient Cement 11.3%; peer average 8.4%); its return on equity of 13.0% is the second highest of the four (Dalmia Bharat 6.4%, Prism Johnson 4.9%, Orient Cement 17.1%; peer average 9.5%); its revenue growth over three years of 11.8% a year is the highest of the four (Dalmia Bharat 3.0% a year, Prism Johnson 0.1% a year, Orient Cement −1.7% a year; peer average 0.5% a year).
In FY26, Star Cement earned net profit attributable to shareholders of ₹393 crore on revenue of ₹3,776 crore, against ₹1,139 crore on ₹14,804 crore for Dalmia Bharat. Star Cement's operating margin was 15.1% (Dalmia Bharat 11.7%) and its return on equity 13.0% (Dalmia Bharat 6.4%). At the 30 October 2026 close, Star Cement's market capitalisation was ₹6,916 crore against ₹25,198 crore for Dalmia Bharat, and its PE ratio on FY26 profit 17.6 against 22.1.
From Star Cement's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.