Star Cement cash flow

Latest FY26

Cash from operations: ₹765cr+158.0% on FY25
Capital spending: ₹493cr−15.1% on FY25
Free cash flow: ₹272cr−₹285 cr in FY25
Cash from financing: ₹51.8cr−76.9% on FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	365	332	147	131
	—	46.3	31.6	12.6	9.7
	—	−11.7	−3.2	−19.5	−43.3
	—	0.0	0.0	−0.1	−0.1
	—	16.5	−1.2	−3.9	5.5
	—	−0.2	0.1	1.2	−0.0
	—	−21.1	−112	38.3	−179
	—	−42.7	−51.8	−47.6	22.0
	—	−45.5	−173	−18.5	44.9
	—	26.9	16.9	−57.8	110
	—	7.1	97.8	89.6	−39.9
	—	0.6	3.1	1.5	2.0
Cash from operating activities
	495	532	226	424	380
	—	342	140	142	63.3
	—	874	365	566	443
	—	109	68.9	76.2	67.7
	—	765	296	490	375
Cash from investing activities
	—	493	581	1,036	572
	—	6.5	5.5	0.4	2.4
	—	1.4	−4.6	3.0	0.0
	—	0.4	7.3	34.3	46.6
	—	−356	35.2	355	251
	—	−843	−529	−650	−272
Cash from financing activities
	—	288	242	72.1	0.0
	—	99.5	−16.9	−31.6	−20.7
	—	8.0	5.9	6.5	1.0
	—	47.9	28.8	10.7	9.7
	—	80.8	0.0	0.0	0.0
	—	51.8	224	86.5	10.0
	—	−26.7	−7.9	−73.8	114
	—	−26.7	−7.9	−73.8	114
	—	—	39.8	47.8	122
Reference items
	902	936	579	556	468
	23.7%	24.8%	18.3%	19.1%	17.3%
	272	272	−285	−547	−197
	—	420	−53.3	−454	—
	₹6.72	₹6.72	−₹7.04	−₹13.53	−₹4.86
	23.88×	—	—	—	—
	—	1.96×	1.76×	1.66×	1.52×
	—	109	68.9	76.2	67.7
	—	47.9	28.8	10.7	9.7

Open the chart

From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

STARCEMENT₹160.50

Star Cement Ltd.

· Infrastructure

₹ CrorePeersDALBHARAT PRSMJOHNSN ORIENTCEM JKLAKSHMI BIRLACORPN NUVOCO INDIACEM RAMCOCEMMcap ₹6,487 Cr

View

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	131.1	146.6	331.9	365.3	—
+ Finance Costs	9.7	12.6	31.6	46.3	—
+ Interest Income	-43.3	-19.5	-3.2	-11.7	—
+ Fair Value (Gains) / Losses	-0.1	-0.1	0.0	0.0	—
+ Other Non-cash Items	5.5	-3.9	-1.2	16.5	—
+ Other Reconciling Items	-0.0	1.2	0.1	-0.2	—
Changes in Working Capital
+ Inventories	-178.8	38.3	-112.5	-21.1	—
+ Trade Receivables — Current	22.0	-47.6	-51.8	-42.7	—
+ Other Current Assets	44.9	-18.5	-173.0	-45.5	—
+ Trade Payables — Current	110.2	-57.8	16.9	26.9	—
+ Other Current Liabilities	-39.9	89.6	97.8	7.1	—
+ Provisions — Current	2.0	1.5	3.1	0.6	—
Cash from Operating Activities
Profit Before Tax (per I/S)	379.7	423.6	225.7	532.3	495.2
+ Total Adjustments (incl. Working Capital)	63.3	142.4	139.7	341.6	—
Cash from Operations (pre-tax)	442.9	566.0	365.4	873.9	—
+ Income Taxes Paid	67.7	76.2	68.9	109.0	—
Cash from Operating Activities	375.2	489.7	296.5	764.9	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	571.9	1,036.5	581.2	493.2	—
+ Disp of Fixed Assets	2.4	0.4	5.5	6.5	—
+ Loans & Advances Made	0.0	3.0	-4.6	1.4	—
+ Interest Received — Investing	46.6	34.3	7.3	0.4	—
+ Other Inflows / (Outflows) — Investing	251.2	354.8	35.2	-355.6	—
Cash from Investing Activities	-271.7	-650.1	-528.5	-843.3	—
Cash from Financing Activities
+ Proceeds from Borrowings	0.0	72.1	241.9	288.0	—
+ Repayment of Borrowings	-20.7	-31.6	-16.9	99.5	—
+ Payment of Lease Liabilities	1.0	6.5	5.9	8.0	—
+ Interest Paid	9.7	10.7	28.8	47.9	—
+ Dividends Paid	0.0	0.0	0.0	80.8	—
Cash from Financing Activities	10.0	86.5	224.1	51.8	—
Net Changes in Cash (pre-FX)	113.5	-73.8	-7.9	-26.7	—
Net Changes in Cash	113.5	-73.8	-7.9	-26.7	—
Closing Cash	121.6	47.8	39.8	—	—
Reference Items
EBITDA	468.4	556.3	578.6	936.0	902.2
EBITDA Margin %	17.32	19.11	18.29	24.78	23.70
Free Cash Flow (CFO − Capex)	-196.6	-546.7	-284.7	271.7	271.7
Free Cash Flow to Equity	—	-453.7	-53.3	419.8	—
Free Cash Flow per Basic Share	-4.86	-13.53	-7.04	6.72	6.72
Price to Free Cash Flow	—	—	—	—	23.88
Cash Flow to Net Income	1.52	1.66	1.76	1.96	—
Cash Paid for Taxes	67.7	76.2	68.9	109.0	—
Cash Paid for Interest	9.7	10.7	28.8	47.9	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

« ‹ › »Latest: FY26 · ConsolidatedFA Financial Analysis · alphave

Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.