Star Cement Ltd (STARCEMENT) — shareholding pattern, promoter holding, financials and share price
About Star Cement Ltd (STARCEMENT)
Star Cement Ltd operates in the Cement & Cement Products industry, within the Construction Materials sector. It trades on the NSE as STARCEMENT and on the BSE under scrip code 540575. Its ISIN is INE460H01021.
Star Cements Ltd is engaged in manufacturing and selling of Cement Clinker & Cement. It sells its products across north-eastern and eastern states in India. [1] It is the largest cement manufacturer in North-east India. [2]
Star Cement Limited manufactures and sells cement and clinker primarily across North-East and Eastern India, operating integrated and grinding units with a current cement capacity of 7.7 MTPA, clinker capacity of 6.1 MTPA, captive power (51MW) and WHRS (12.3MW), a workforce of ~4,100, and a distribution network of ~2,000 dealers and 12,600 retailers.
Star Cement is executing a significant capacity expansion roadmap to reach approximately 11.7 to 12 MTPA by FY27, including two new 2 MTPA grinding units at Silchar (FY26) and Jorhat (FY27), an 800 CBM AAC block plant, and a recently commissioned 3.3 MTPA clinker line which materially increased depreciation but raised future volume potential.
Listed peers in Cement & Cement Products: India Cements Ltd, Nuvoco Vistas Corporation Ltd, Birla Corporation Ltd, JK Lakshmi Cement Ltd, Prism Johnson Ltd, HeidelbergCement India Ltd.
Valuation & Returns
10 Jul 2026At ₹205.1 a share on 10 Jul 2026, Star Cement Ltd (STARCEMENT) was valued at a price-to-earnings ratio of 21.23x against an industry P/E of 34.43x and a price-to-book of 2.88x on a book value of ₹71.24 per share as of Mar 2025. Solomo computes return on equity of 13.56% and return on capital employed of 17.63% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 21.23x
- Industry P/E
- 34.43x
- P/B
- 2.88x
- EPS (TTM)
- ₹9.66
- Book value / share
- ₹71.24
- ROE
- 13.56%
- ROCE
- 17.63%
- ROA
- 9.51%
- Debt / equity
- 0.14x
- Dividend yield
- 0.98%
- EBITDA margin
- 24.99%
- 52-week range
- ₹196.75 – ₹308.1
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Star Cement Ltd (STARCEMENT) reported revenue of ₹3,776 crore, net profit of ₹390 crore and earnings per share of ₹9.73. That compares with revenue of ₹3,163 crore and net profit of ₹169 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹1,174 crore and net profit ₹147 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 2,222 | 2,705 | 2,911 | 3,163 | 3,776 |
| Net profit (₹ cr) | 247 | 248 | 295 | 169 | 390 |
| EPS (₹) | 6.11 | 6.13 | 7.3 | 4.18 | 9.73 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 3.32% | 2.36% | -3.20% | 8.68% |
| Profit growth | - | - | - | -42.79% |
| Stock price CAGR | - | 14% | 13% | -2% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 58.1% of Star Cement Ltd (STARCEMENT) (down 0.02 pp QoQ), foreign institutional investors (FII) hold 2.29% and domestic institutional investors (DII) hold 2.38%. Promoters have pledged 1.3% of their holding. Market capitalisation was ₹8,290 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2017.
Largest disclosed public shareholders in Jun 2026: ULTRATECH CEMENT LIMITED 8.42%, MAHABIR PRASAD AGARWAL 4.59%, MAHABIR PRASAD AGARWAL 4.56%, SUBHAM CAPITAL PRIVATE LIMITED 3.96%, BRIJ BHUSAN AGARWAL & SONS 2.81%, SBI FLEXICAP FUND 2.26%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 58.1% | 1.3% | 2.29% | 2.38% | 41.9% |
| Mar 2026 | 58.12% | 1.3% | 2.27% | 2.65% | 41.88% |
| Dec 2025 | 57.62% | 1.3% | 2.47% | 4.48% | 42.38% |
| Sep 2025 | 57.59% | 1.3% | 2.96% | 4.38% | 42.41% |
| Jun 2025 | 57.66% | 1.3% | 2.24% | 4.93% | 42.34% |
| Mar 2025 | 57.66% | 1.3% | 2.02% | 5.17% | 42.34% |
| Dec 2024 | 57.69% | 1.1% | 1.19% | 4.95% | 42.31% |
| Sep 2024 | 66.47% | 0.6% | 1.36% | 4.98% | 33.53% |