India's Richest People 2026 edition · 3 directors · Source: Hurun India
- #530 Sajjan Bhajanka & family ₹6,500 Cr
- #579 Sanjay Agarwal and family ₹5,800 Cr
- #1,673 Prem Kumar Bhajanka ₹1,100 Cr
Market Cap
₹6,558 Cr
STARCEMENT · NSE
Share Price
₹160.19
-1.27% today
Revenue
₹3,776 Cr
FY 2025-26 · +19.4% YoY
EBITDA
₹925 Cr
Margin 24.5%
Net Profit
₹401 Cr
FY 2025-26 · +137.0% YoY
P/E (TTM)
17.9x
P/B 2.1x
ROE
12.9%
ROCE 16.2%
Debt / Equity
0.17
Interest cover 8.3x
About Star Cement Limited
Data last updated:
Star Cement Limited is a public limited company based in Meghalaya, India. It operates in the cement and cement products segment of the manufacturing sector. It was incorporated on 02 November 2001 and has been in existence for over 25 years.
Its director Sajjan Bhajanka and family are #530 among India's richest people (2026). Its director Sanjay Agarwal and family are #579 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Guwahati, under CIN L26942ML2001PLC006663. Its GSTIN is 17AACCC1465A1Z8 (Meghalaya). The company holds 24 GST registrations, of which 15 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 540575 and NSE: STARCEMENT.
The company has an authorised share capital of ₹83 Cr and a paid-up capital of ₹40.42 Cr. It was formerly known as Cement Manufacturing Company Limited. It is led by directors including Prem Kumar Bhajanka (Managing Director) and Sanjay Agarwal (Managing Director).
Its last annual general meeting (AGM) was held on 23 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Village Lumshnong Khaliehriat, Meghalaya, India – 793210.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,776.49 Cr, a growth of 19.4% compared to the previous year. For the same year it recorded a net profit of ₹400.88 Cr (net margin 10.6%) and EBITDA of ₹924.63 Cr (EBITDA margin 24.5%). The net worth stands at ₹3,191.2 Cr (up 10.8% YoY). Total assets are valued at ₹3,828.31 Cr (up 15.5% YoY).
The company has about 918 employees on its provident fund (EPFO) records. Its group structure includes 6 subsidiaries.
The company is associated with 1 brand: Star Cement. As per MCA filings, the company has open charges of ₹589 Cr and satisfied charges of ₹1,479.61 Cr on record. Court records list 573 cases involving the company, including 485 filed by the company and 88 filed against it; 253 cases are pending. The company has 16 deals on record (13 market trades, 2 buybacks, 1 funding round), with disclosed funding of ₹851 Cr; the latest was in December 2024. Its 5 peer companies in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 3 smaller; the largest is Rccpl Private Limited with revenue of ₹4,370.47 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 1,794 overdue payments to 161 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website starcement.co.in.
Company details
CIN L26942ML2001PLC006663
Registration Number 006663
Incorporation Date 02 November 2001
ROC Guwahati
Listing Status Listed - Listed on NSE (STARCEMENT); Listed on BSE (540575)
Company Status Active
Date of Last AGM 23 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Star Cement has one previous CIN (Corporate Identification Number): U26942ML2001PLC006663. The current CIN is L26942ML2001PLC006663, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L26942ML2001PLC006663 | Current |
| U26942ML2001PLC006663 | Previous |
Key People
Prem Kumar Bhajanka Managing Director Sanjay Agarwal Managing Director Sajjan Bhajanka Managing Director Recognitions & Rankings of Star Cement
Contact details
Star Cement Limited's registered office is in Meghalaya. Its website is starcement.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressVillage Lumshnong Khaliehriat, Meghalaya, India – 793210
- IndustryManufacturing, Cement & Cement Products
To see the full contact details of Star Cement Limited, buy the company report.
Comprehensive company report
Star Cement Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Star Cement operates one associated brand: Star Cement. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Star Cement is recognized as a leading cement manufacturer in Eastern India. | starcement.co.in |
Business activity
The main business activity of Star Cement is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Star Cement Limited, buy the company report.
Financials of Star Cement Limited
FY 2025-26 filings availableStar Cement Limited reported revenue of ₹3,776.49 Cr (up 19.4% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹3,776 Cr
+19.4% YoY
EBITDA
₹925 Cr
+59.8% YoY
Profit After Tax
₹401 Cr
+137.0% YoY
Net Worth
₹3,191 Cr
+10.8% YoY
Total Assets
₹3,828 Cr
+15.5% YoY
Total Debt
₹603 Cr
+49.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 3,776 | 3,163 | 2,911 | 2,705 | 2,222 | 1,720 | 1,843 |
| Revenue growth | +19.4% | +8.7% | +7.6% | +21.7% | +29.2% | -6.7% | - |
| EBITDA | 925 | 579 | 556 | 468 | 345 | 268 | 394 |
| EBITDA margin | +24.5% | +18.3% | +19.1% | +17.3% | +15.5% | +15.6% | +21.4% |
| Profit before tax | 532 | 226 | 424 | 380 | 244 | 199 | 322 |
| Net profit | 401 | 169 | 296 | 248 | 247 | 246 | 286 |
| Net profit margin | +10.6% | +5.4% | +10.2% | +9.2% | +11.1% | +14.3% | +15.5% |
| EPS (₹) | 9.73 | 4.18 | 7.30 | 6.13 | 6.11 | 4.54 | 6.92 |
| Balance sheet | |||||||
| Total assets | 3,828 | 3,314 | 2,885 | 2,467 | 2,353 | 2,237 | 2,067 |
| Net worth | 3,191 | 2,879 | 2,710 | 2,416 | 2,168 | 2,074 | 1,857 |
| Total debt | 603 | 403 | 147 | 35.35 | 15.65 | 18.18 | 13.36 |
| Cash & bank | 125 | 52.43 | 97.34 | 312 | 385 | 472 | 284 |
| Net working capital | 383 | 241 | 47.88 | 333 | 573 | 900 | 768 |
| Cash flow | |||||||
| Cash from operations | 765 | 296 | 490 | 358 | 417 | 350 | 483 |
| Cash from investing | (843) | (529) | (650) | (255) | (289) | (333) | (136) |
| Cash from financing | 51.76 | 224 | 86.48 | 10.00 | (176) | (3.35) | (201) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 943 | 1,174 | 880 | 811 | 912 | 1,052 | 719 | 642 |
| Revenue growth (YoY) | +3.4% | +11.5% | +22.4% | +26.4% | +21.4% | - | - | - |
| Other income | 8.20 | 9.12 | 4.88 | 3.47 | 1.79 | 5.03 | 2.52 | 1.63 |
| EBITDA | 194 | 309 | 197 | 190 | 228 | 263 | 104 | 95.58 |
| EBITDA margin | +20.6% | +26.4% | +22.4% | +23.4% | +25.0% | +25.0% | +14.5% | +14.9% |
| Depreciation | 91.42 | 98.69 | 91.18 | 90.22 | 85.19 | 87.50 | 89.34 | 82.53 |
| Interest | 13.75 | 12.93 | 12.15 | 11.06 | 10.16 | 8.81 | 9.80 | 7.11 |
| Profit before tax | 97.52 | 207 | 98.52 | 92.35 | 135 | 171 | 7.61 | 7.57 |
| Tax | 23.60 | 59.75 | 24.32 | 21.29 | 36.50 | 48.31 | (1.43) | 1.89 |
| Net profit | 73.92 | 147 | 74.20 | 71.06 | 98.15 | 123 | 9.04 | 5.68 |
| EPS (₹) | 1.85 | 3.66 | 1.85 | 1.78 | 2.44 | 3.05 | 0.22 | 0.14 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,384 | 1,992 | 2,894 | 2,707 | 2,196 | 1,664 | 1,773 |
| Revenue growth | +19.7% | -31.2% | +6.9% | +23.3% | +32.0% | -6.2% | - |
| EBITDA | 440 | 109 | 394 | 312 | 232 | 212 | 286 |
| EBITDA margin | +18.4% | +5.5% | +13.6% | +11.5% | +10.6% | +12.7% | +16.1% |
| Profit before tax | 199 | (84.77) | 339 | 249 | 170 | 173 | 251 |
| Net profit | 135 | (58.82) | 208 | 164 | 176 | 187 | 219 |
| Net profit margin | +5.7% | -3.0% | +7.2% | +6.1% | +8.0% | +11.2% | +12.3% |
| EPS (₹) | 3.22 | (1.45) | 5.46 | 4.06 | 4.36 | 3.81 | 5.30 |
| Balance sheet | |||||||
| Total assets | 2,131 | 2,082 | 1,809 | 1,514 | 1,542 | 1,533 | 1,378 |
| Net worth | 1,674 | 1,624 | 1,683 | 1,464 | 1,299 | 1,275 | 1,118 |
| Total debt | 432 | 435 | 108 | 43.84 | 83.71 | 125 | 148 |
| Cash & bank | 119 | 40.56 | 33.38 | 208 | 236 | 366 | 262 |
| Net working capital | (96.66) | (175) | (284) | (14.19) | 243 | 475 | 420 |
| Cash flow | |||||||
| Cash from operations | 441 | 18.55 | 407 | 326 | 260 | 272 | 453 |
| Cash from investing | (337) | (325) | (531) | (162) | (80.43) | (235) | (115) |
| Cash from financing | (125) | 307 | 36.16 | (52.38) | (211) | (38.35) | (180) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 576 | 785 | 532 | 522 | 545 | 658 | 451 | 403 |
| Revenue growth (YoY) | +5.8% | +19.3% | +17.9% | +29.5% | +15.5% | - | - | - |
| Other income | 9.00 | 10.04 | 4.34 | 5.05 | 3.66 | 4.44 | 3.04 | 3.53 |
| Total expenses | 493 | 630 | 435 | 434 | 445 | 549 | 463 | 410 |
| EBITDA | 83.36 | 155 | 96.93 | 87.30 | 100 | 109 | (12.25) | (7.49) |
| EBITDA margin | +14.5% | +19.7% | +18.2% | +16.7% | +18.4% | +16.6% | -2.7% | -1.9% |
| Depreciation | 47.76 | 55.66 | 55.62 | 55.17 | 52.46 | 49.87 | 52.29 | 46.64 |
| Interest | 10.28 | 10.90 | 10.17 | 12.65 | 11.09 | 9.22 | 5.21 | 1.72 |
| Profit before tax | 34.32 | 98.55 | 35.48 | 24.53 | 40.33 | 54.32 | (66.71) | (52.32) |
| Tax | 10.56 | 30.93 | 12.37 | 9.18 | 16.14 | 17.48 | (22.39) | (14.45) |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 943 | 1,174 | 880 | 811 | 912 | 1,052 | 719 | 642 |
| Revenue growth (YoY) | +3.4% | +11.5% | +22.4% | +26.4% | +21.4% | - | - | - |
| Other income | 8.20 | 9.12 | 4.88 | 3.47 | 1.79 | 5.03 | 2.52 | 1.63 |
| EBITDA | 194 | 309 | 197 | 190 | 228 | 263 | 104 | 95.58 |
| EBITDA margin | +20.6% | +26.4% | +22.4% | +23.4% | +25.0% | +25.0% | +14.5% | +14.9% |
| Depreciation | 91.42 | 98.69 | 91.18 | 90.22 | 85.19 | 87.50 | 89.34 | 82.53 |
| Interest | 13.75 | 12.93 | 12.15 | 11.06 | 10.16 | 8.81 | 9.80 | 7.11 |
| Profit before tax | 97.52 | 207 | 98.52 | 92.35 | 135 | 171 | 7.61 | 7.57 |
| Tax | 23.60 | 59.75 | 24.32 | 21.29 | 36.50 | 48.31 | (1.43) | 1.89 |
| Net profit | 73.92 | 147 | 74.20 | 71.06 | 98.15 | 123 | 9.04 | 5.68 |
| EPS (₹) | 1.85 | 3.66 | 1.85 | 1.78 | 2.44 | 3.05 | 0.22 | 0.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 3,776 | 3,163 | 2,911 | 2,705 | 2,222 | 1,720 | 1,843 |
| Revenue growth | +19.4% | +8.7% | +7.6% | +21.7% | +29.2% | -6.7% | - |
| Other income | 19.26 | 10.57 | 26.47 | 52.08 | 33.37 | 28.22 | 29.44 |
| Total expenses | 2,852 | 2,585 | 2,354 | 2,236 | 1,877 | 1,452 | 1,449 |
| Employee cost | 277 | 247 | 215 | 197 | 159 | 131 | 127 |
| EBITDA | 925 | 579 | 556 | 468 | 345 | 268 | 394 |
| EBITDA margin | +24.5% | +18.3% | +19.1% | +17.3% | +15.5% | +15.6% | +21.4% |
| Depreciation | 365 | 332 | 147 | 131 | 122 | 89.99 | 92.95 |
| Interest | 46.30 | 31.62 | 12.60 | 9.70 | 13.34 | 6.99 | 9.34 |
| Profit before tax | 532 | 226 | 424 | 380 | 244 | 199 | 322 |
| Tax | 142 | 56.85 | 128 | 132 | (3.12) | 12.14 | 34.22 |
| Net profit | 401 | 169 | 296 | 248 | 247 | 246 | 286 |
| Net profit margin | +10.6% | +5.4% | +10.2% | +9.2% | +11.1% | +14.3% | +15.5% |
| EPS (₹) | 9.73 | 4.18 | 7.30 | 6.13 | 6.11 | 4.54 | 6.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 40.42 | 40.42 | 40.42 | 40.42 | 40.42 | 41.24 | 41.24 |
| Reserves & surplus | 3,151 | 2,839 | 2,670 | 2,376 | 2,128 | 2,033 | 1,816 |
| Shareholders' funds (net worth) | 3,191 | 2,879 | 2,710 | 2,416 | 2,168 | 2,074 | 1,857 |
| Minority interest | (3.12) | (0.25) | 0.00 | 0.00 | 0.00 | 0.00 | 70.05 |
| Secured loans | 586 | 370 | 130 | 26.10 | 5.38 | 15.31 | 13.36 |
| Unsecured loans | 17.14 | 32.67 | 17.11 | 9.25 | 10.27 | 2.87 | 0.00 |
| Total debt | 603 | 403 | 147 | 35.35 | 15.65 | 18.18 | 13.36 |
| Total liabilities | 3,828 | 3,314 | 2,885 | 2,467 | 2,353 | 2,237 | 2,067 |
| Assets | |||||||
| Gross block | 4,231 | 3,696 | 2,367 | 1,705 | 1,607 | 1,386 | 1,167 |
| Net block | 2,612 | 2,421 | 1,416 | 891 | 923 | 823 | 696 |
| Capital work in progress | 94.80 | 220 | 1,022 | 551 | 109 | 127 | 238 |
| Investments | 258 | 2.02 | 1.99 | 173 | 167 | 1.66 | 1.58 |
| Inventories | 466 | 446 | 335 | 374 | 195 | 235 | 257 |
| Sundry debtors | 242 | 200 | 151 | 105 | 129 | 132 | 122 |
| Cash & bank balances | 125 | 52.43 | 97.34 | 312 | 385 | 472 | 284 |
| Loans & advances | 370 | 336 | 183 | 207 | 256 | 386 | 396 |
| Total current assets | 1,201 | 1,035 | 766 | 997 | 964 | 1,224 | 1,059 |
| Total current liabilities | 819 | 793 | 718 | 664 | 392 | 325 | 291 |
| Net working capital | 383 | 241 | 47.88 | 333 | 573 | 900 | 768 |
| Total assets | 3,828 | 3,314 | 2,885 | 2,467 | 2,353 | 2,237 | 2,067 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 39.85 | 47.79 | 122 | 8.08 | 55.48 | 41.85 | 94.91 |
| Net cash from operating activities | 765 | 296 | 490 | 358 | 417 | 350 | 483 |
| Net cash from investing activities | (843) | (529) | (650) | (255) | (289) | (333) | (136) |
| Net cash from financing activities | 51.76 | 224 | 86.48 | 10.00 | (176) | (3.35) | (201) |
| Net change in cash | (26.71) | (7.94) | (73.84) | 114 | (47.41) | 13.63 | 146 |
| Closing cash | 125 | 52.43 | 97.34 | 312 | 385 | 472 | 284 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.4% | +8.7% | +7.6% | +21.7% | +29.2% | -6.7% | - |
| EBITDA growth | +59.8% | +4.0% | +18.8% | +35.7% | +28.8% | -32.0% | - |
| PBT growth | +135.9% | -46.7% | +11.6% | +55.8% | +22.3% | -38.0% | -3.9% |
| Net income growth | +137.0% | -42.9% | +19.5% | +0.3% | +0.3% | -13.8% | - |
| Revenue CAGR (3Y) | +11.8% | +12.5% | +19.2% | +13.6% | +6.7% | +2.1% | +6.5% |
| EBITDA CAGR (3Y) | +25.5% | +18.8% | +27.6% | +5.9% | -8.4% | -19.9% | -1.2% |
| Profitability & leverage | |||||||
| Net income margin | +10.3% | +5.3% | +10.1% | +9.2% | +11.1% | +10.9% | +15.6% |
| Return on capital employed | +16.2% | +8.3% | +16.3% | +16.2% | +11.2% | +12.8% | +16.9% |
| Return on net worth | +12.9% | +6.0% | +11.5% | +10.8% | +11.6% | +12.5% | +16.1% |
| Debt / equity | 0.17 | 0.10 | 0.04 | 0.01 | 0.01 | 0.01 | 0.02 |
| Long-term debt / equity | 0.14 | 0.07 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 8.28 | 12.82 | 3.08 | 2.88 | 5.97 | 3.93 | 3.10 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.95 | 1.04 | 1.43 | 1.63 | 1.48 | 1.35 | 1.63 |
| Inventory turnover | 8.28 | 8.10 | 8.21 | 9.50 | 10.33 | 7.00 | 6.90 |
| Debtors turnover | 17.12 | 18.06 | 22.79 | 23.17 | 17.06 | 13.55 | 13.86 |
| EPS (₹) | 9.73 | 4.18 | 7.30 | 6.13 | 6.11 | 4.54 | 6.92 |
| Dividend per share (₹) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Book value per share (₹) | 78.95 | 71.24 | 67.05 | 59.78 | 53.65 | 50.29 | 45.03 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 576 | 785 | 532 | 522 | 545 | 658 | 451 | 403 |
| Revenue growth (YoY) | +5.8% | +19.3% | +17.9% | +29.5% | +15.5% | - | - | - |
| Other income | 9.00 | 10.04 | 4.34 | 5.05 | 3.66 | 4.44 | 3.04 | 3.53 |
| Total expenses | 493 | 630 | 435 | 434 | 445 | 549 | 463 | 410 |
| EBITDA | 83.36 | 155 | 96.93 | 87.30 | 100 | 109 | (12.25) | (7.49) |
| EBITDA margin | +14.5% | +19.7% | +18.2% | +16.7% | +18.4% | +16.6% | -2.7% | -1.9% |
| Depreciation | 47.76 | 55.66 | 55.62 | 55.17 | 52.46 | 49.87 | 52.29 | 46.64 |
| Interest | 10.28 | 10.90 | 10.17 | 12.65 | 11.09 | 9.22 | 5.21 | 1.72 |
| Profit before tax | 34.32 | 98.55 | 35.48 | 24.53 | 40.33 | 54.32 | (66.71) | (52.32) |
| Tax | 10.56 | 30.93 | 12.37 | 9.18 | 16.14 | 17.48 | (22.39) | (14.45) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,384 | 1,992 | 2,894 | 2,707 | 2,196 | 1,664 | 1,773 |
| Revenue growth | +19.7% | -31.2% | +6.9% | +23.3% | +32.0% | -6.2% | - |
| Other income | 23.10 | 14.02 | 39.70 | 26.68 | 23.03 | 21.16 | 28.07 |
| Total expenses | 1,944 | 1,883 | 2,500 | 2,395 | 1,964 | 1,452 | 1,487 |
| Employee cost | 164 | 158 | 151 | 134 | 108 | 86.71 | 82.10 |
| EBITDA | 440 | 109 | 394 | 312 | 232 | 212 | 286 |
| EBITDA margin | +18.4% | +5.5% | +13.6% | +11.5% | +10.6% | +12.7% | +16.1% |
| Depreciation | 219 | 188 | 81.75 | 77.52 | 72.15 | 47.73 | 43.32 |
| Interest | 44.81 | 19.87 | 12.95 | 12.51 | 12.36 | 12.56 | 19.56 |
| Profit before tax | 199 | (84.77) | 339 | 249 | 170 | 173 | 251 |
| Tax | 68.61 | (26.31) | 118 | 84.82 | (5.95) | 15.27 | 32.29 |
| Net profit | 135 | (58.82) | 208 | 164 | 176 | 187 | 219 |
| Net profit margin | +5.7% | -3.0% | +7.2% | +6.1% | +8.0% | +11.2% | +12.3% |
| EPS (₹) | 3.22 | (1.45) | 5.46 | 4.06 | 4.36 | 3.81 | 5.30 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 40.42 | 40.42 | 40.42 | 40.42 | 40.42 | 41.24 | 41.24 |
| Reserves & surplus | 1,634 | 1,584 | 1,643 | 1,423 | 1,259 | 1,234 | 1,077 |
| Shareholders' funds (net worth) | 1,674 | 1,624 | 1,683 | 1,464 | 1,299 | 1,275 | 1,118 |
| Secured loans | 197 | 160 | 36.30 | 8.47 | 4.05 | 6.86 | 5.42 |
| Unsecured loans | 235 | 276 | 71.36 | 35.37 | 79.66 | 118 | 143 |
| Total debt | 432 | 435 | 108 | 43.84 | 83.71 | 125 | 148 |
| Total liabilities | 2,131 | 2,082 | 1,809 | 1,514 | 1,542 | 1,533 | 1,378 |
| Assets | |||||||
| Gross block | 2,273 | 2,174 | 949 | 884 | 801 | 672 | 462 |
| Net block | 1,418 | 1,528 | 488 | 499 | 495 | 435 | 274 |
| Capital work in progress | 43.27 | 94.27 | 1,007 | 360 | 57.48 | 110 | 223 |
| Investments | 365 | 340 | 339 | 347 | 408 | 279 | 239 |
| Inventories | 228 | 181 | 119 | 168 | 96.28 | 94.87 | 84.26 |
| Sundry debtors | 147 | 125 | 112 | 97.56 | 129 | 131 | 107 |
| Cash & bank balances | 119 | 40.56 | 33.38 | 208 | 236 | 366 | 262 |
| Loans & advances | 56.03 | 119 | 81.17 | 125 | 151 | 244 | 207 |
| Total current assets | 551 | 465 | 345 | 598 | 613 | 835 | 660 |
| Total current liabilities | 648 | 640 | 629 | 612 | 370 | 360 | 240 |
| Net working capital | (96.66) | (175) | (284) | (14.19) | 243 | 475 | 420 |
| Total assets | 2,131 | 2,082 | 1,809 | 1,514 | 1,542 | 1,533 | 1,378 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 28.46 | 28.61 | 116 | 4.77 | 35.99 | 37.03 | 77.77 |
| Net cash from operating activities | 441 | 18.55 | 407 | 326 | 260 | 272 | 453 |
| Net cash from investing activities | (337) | (325) | (531) | (162) | (80.43) | (235) | (115) |
| Net cash from financing activities | (125) | 307 | 36.16 | (52.38) | (211) | (38.35) | (180) |
| Net change in cash | (20.58) | (0.15) | (87.81) | 112 | (31.22) | (1.04) | 158 |
| Closing cash | 119 | 40.56 | 33.38 | 208 | 236 | 366 | 262 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +19.7% | -31.2% | +6.9% | +23.3% | +32.0% | -6.2% | - |
| EBITDA growth | +302.4% | -72.3% | +26.2% | +34.7% | +9.5% | -25.9% | - |
| PBT growth | +9998.0% | - | +36.2% | +46.1% | -1.3% | -31.3% | -10.5% |
| Net income growth | +329.9% | -128.2% | +27.0% | -7.0% | -5.5% | -14.7% | - |
| Revenue CAGR (3Y) | -4.2% | -3.2% | +20.3% | +15.2% | +9.0% | +4.4% | +11.4% |
| EBITDA CAGR (3Y) | +12.1% | -22.2% | +23.0% | +3.0% | -9.1% | -13.3% | +16.6% |
| Profitability & leverage | |||||||
| Net income margin | +5.5% | -2.9% | +7.6% | +6.1% | +8.0% | +9.5% | +12.3% |
| Return on capital employed | +11.6% | -3.3% | +21.2% | +17.1% | +11.9% | +14.7% | +20.2% |
| Return on net worth | +7.9% | -3.5% | +14.0% | +11.9% | +13.7% | +15.6% | +20.2% |
| Debt / equity | 0.26 | 0.16 | 0.05 | 0.05 | 0.08 | 0.11 | 0.14 |
| Long-term debt / equity | 0.09 | 0.04 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 20.31 | -25.18 | 4.15 | 5.33 | 7.74 | 7.66 | 8.07 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.07 | 1.28 | 3.16 | 3.21 | 2.98 | 2.94 | 4.12 |
| Inventory turnover | 11.66 | 13.32 | 20.18 | 20.47 | 22.98 | 18.58 | 21.58 |
| Debtors turnover | 17.49 | 16.80 | 27.63 | 23.92 | 16.90 | 13.98 | 15.10 |
| EPS (₹) | 3.22 | (1.45) | 5.46 | 4.06 | 4.36 | 3.81 | 5.30 |
| Dividend per share (₹) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 |
| Book value per share (₹) | 41.42 | 40.19 | 41.64 | 36.21 | 32.15 | 30.92 | 27.11 |
To see the full year-wise statements and ratios of Star Cement Limited, buy the company report.
Board of directors of Star Cement Limited
Star Cement has 15 current directors and 18 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
Showing 6 of 15 current directors. View all directors
Peer comparison
Star Cement Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rccpl Private Limited | ₹4,370.47 Cr (FY 2025) | 0.0% | Kolkata, West Bengal, India | |||
| Nu Vista Limited | ₹3,788.73 Cr (FY 2025) | -5.0% | Mumbai, Maharashtra, India | |||
| Star Cement Limitedthis company | ₹3,776.49 Cr (FY 2026) | ₹400.88 Cr | 10.6% | 19.4% | 918 | Meghalaya, India |
| Orient Cement Limited | ₹2,728.7 Cr (FY 2025) | -15.0% | Ahmedabad, Gujarat, India | |||
| The K C P Limited | ₹2,590.12 Cr (FY 2025) | -11.0% | Chennai, Tamil Nadu, India | |||
| Sagar Cements Ltd | ₹2,279.07 Cr (FY 2025) | -11.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Star Cement Limited, buy the company report.
Auditor
Star Cement Limited is audited by For Singhi & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For Singhi & Co. | FY 2023 | 302049E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 58.10%, foreign institutional investors hold 2.30%, domestic institutional investors hold 2.40% and retail and other public shareholders hold 37.20%.
Sep 2026
QUARTER
58.10% Promoters
2.40% DII (Domestic Institutional)
2.30% FII (Foreign Institutional)
37.20% Retail & Others
Promoter holding - history
Now 58.10% · Sep 2026High 58.10% · Jun 2026Low 57.60% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 58.10% | 58.10% | 57.60% | 57.60% |
| Public | 41.90% | 41.90% | 42.40% | 42.40% |
Charges & borrowings
Open charges
₹589 Cr
Satisfied charges
₹1,479.61 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Feb 2025 | 101049181 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 12 Dec 2024 | 101025413 | Axis Bank Limited | ₹200 Cr | Open | |
| 29 Jan 2024 | 100858485 | Others | ₹4 Cr | Open | |
| 30 Dec 2023 | 100851527 | Others | ₹175 Cr | Open | |
| 30 Aug 2023 | 100772941 | State Bank of India | ₹30 Cr | Open |
To see the full charge records of Star Cement Limited, buy the company report.
Total charge records: 42 View all charges
Deals & funding
Star Cement Limited has 16 deals on record (13 market trades, 2 buybacks, 1 funding round), with disclosed funding of ₹851 Cr; the latest was in December 2024.
Total deals
16
Market trades
13
Buybacks
2
Funding round
1
Disclosed funding
₹851 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2024 | Funding round | ₹851 Cr | Investors: Ultratech Cement Limited |
| Dec 2024 | Market trade | ₹765.68 Cr | Buyer: Ultratech Cement Limited Seller: 4 individuals |
| Dec 2024 | Market trade | ₹50.16 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2024 | Market trade | ₹62.1 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Dec 2024 | Market trade | ₹47.7 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Star Cement Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Star Cement Limited has 573 court cases on record: 485 filed by Star Cement, 88 filed against it. 253 cases are pending and 320 are disposed.
Total cases
573
Filed by the company
485
Filed against the company
88
Pending
253
Disposed
320
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 444 | 38 | 227 |
| High courts | 127 | 50 | 26 |
| Supreme Court | 2 | 0 | 0 |
Cases on record (5 of 573)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Meghalaya | Revision petition | Filed by the company against Meghatop Cement Pvt. Ltd. and Ors. | Pending |
| High Court of Meghalaya | Court case (MC(CRP)) | Filed by the company against Meghatop Cement Pvt. Ltd. and Ors. | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by M.S KLK Ventures Private Limited Previously Known As K.L. Khanna Gear Industries P Ltd. | Pending |
| District court, Kamrup Metro, Assam | Interim or miscellaneous application | Filed against the company by M.S KLK Ventures Private Limited Previously Known As K.L. Khanna Gear Industries P Ltd. and 1 other | Pending |
| District court, East Jaintia Hills, Meghalaya | Interim or miscellaneous application | Filed by the company against Dalmia Cement | Pending |
To see the full case history of Star Cement Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Star Cement Limited was last rated by Icra on 10 Dec 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 10 Dec 2021 |
To see the full credit ratings and regulatory alerts of Star Cement Limited, buy the company report.
MSME payment delays
Star Cement Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 1,794 overdue payments to 161 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 161)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| an individual supplier | |||
| Aask Media | |||
| Srikrishna Roadlines (Un) |
To see the full MSME payment records of Star Cement Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Star Cement has 6 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
6
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Star Cement North East Limited | U26999AS2021PLC021391 | |
| Star Cement (I) Limited | U26999ML2021PLC013780 | |
| Megha Technical and Engineers Private Limited | U27107ML2002PTC006976 | |
| Ne Hills Hydro Limited | U40104ML2007PLC014031 | |
| Meghalaya Power Limited | U40108ML2002PLC006921 | |
| Star Cement Meghalaya Limited | U63090ML2005PLC008011 |
To see the full group structure of Star Cement Limited, buy the company report.
Employees & EPFO
Star Cement Limited has a workforce of 918 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
918
Active EPFO establishments
1
Employee growth
4.56%
GST
Star Cement has 24 GST registrations: 15 active and 9 cancelled or inactive. The first 4 active GSTINs are listed below.
Total GSTINs
24
Active
15
Cancelled / inactive
9
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 17AACCC1465A1Z8 | Meghalaya | Active | 01 Jul 2017 |
| 17AACCC1465A2Z7 | Meghalaya | Active | 02 Feb 2018 |
| 10AACCC1465A1ZM | Bihar | Active | 01 Jul 2017 |
| 12AACCC1465A1ZI | Arunachal Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Star Cement Limited, buy the company report.
Recent activity
Star Cement Limited has 43 board changes on record since 2001: 30 appointments and 13 cessations. The latest: Rajendra Chamaria ceased to be Managing Director on 28 Jan 2025.
Filing
Star Cement Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Guwahati.
Charges
A charge with Others of Rs. 70.00 Cr registered on 16 Sep 2019 with Charge ID 100288593 was modified on 16 Feb 2026.
AGM
Star Cement Limited last Annual general meeting of members was held on 23 Sep 2025 as per latest MCA records.
Charges
A charge with Axis Bank Limited of Rs. 200.00 Cr registered on 12 Dec 2024 with Charge ID 101025413 was modified on 11 Apr 2025.
Charges
A charge registered on 27 Dec 2016 via Charge ID 100079388 with Others was fully satisfied on 25 Feb 2025.
Charges
A charge with Others of Rs. 35.00 Cr registered on 03 Jun 2022 with Charge ID 100586326 was modified on 17 Feb 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 101049181 was registered on 14 Feb 2025.
Ceased
Rajendra Chamaria ceased to be Managing Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 200.00 Cr with Charge ID 101025413 was registered on 12 Dec 2024.
Ceased
Vinit Kumar Tiwari ceased to be CEO.
Charges
A charge registered on 06 Jul 2023 via Charge ID 100753658 with Indian Bank was fully satisfied on 25 Sep 2024.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100858485 was registered on 29 Jan 2024.
125 earlier events are in the company report.
News
Frequently asked questions
Star Cement is an active public limited company based in Meghalaya, India. The company works in cement and cement products, within the manufacturing industry. It was incorporated on 02 November 2001 (25+ years old) and is registered under CIN L26942ML2001PLC006663. Listed on BSE: 540575 and NSE: STARCEMENT.
Star Cement reported revenue of ₹3,776.49 Cr for FY 2025-26 (up 19.4% YoY) based on consolidated financials.
Star Cement has 15 current directors:
- Prem Kumar Bhajanka - Managing Director
- Sanjay Agarwal - Managing Director
- Sajjan Bhajanka - Managing Director
- Tushar Bhajanka - Managing Director
- Pankaj Kejriwal - Whole-Time Director
- Plistina Dkhar - Director
- Ibaridor Katherine War - Director
- Brij Bhushan Agarwal - Director
- Nirmalya Bhattacharyya - Director
- Deepak Singhal - Director
- Amit Kiran Deb - Director
- Jagdish Chandra Toshniwal - Director
- Vivek Chawla - Director
- Keshav Bhajanka - Director
- Ramit Budhraja - Director
The latest financial statements of Star Cement on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 23 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Star Cement is 17AACCC1465A1Z8, registered in Meghalaya. The company has 24 GST registrations in all, of which 15 are active and 9 are cancelled or inactive. Other active GSTINs include 17AACCC1465A2Z7 (Meghalaya), 10AACCC1465A1ZM (Bihar), 12AACCC1465A1ZI (Arunachal Pradesh).
The CIN (Corporate Identification Number) of Star Cement is L26942ML2001PLC006663. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Star Cement is a listed company as per MCA records. Its shares are listed on both BSE (code: 540575) and NSE (symbol: STARCEMENT).
Star Cement has 573 court cases on record: 485 filed by the company and 88 filed against it. 253 are pending. Most are in the district courts.
Star Cement was incorporated on 02 November 2001, making it 25+ years old. It is registered with the Registrar of Companies, Guwahati.
Star Cement has 16 deals on record (13 market trades, 2 buybacks, 1 funding round), with disclosed funding of ₹851 Cr; the latest was in December 2024.
The peers of Star Cement by revenue are Rccpl Private Limited, Nu Vista Limited, Orient Cement Limited, The K C P Limited, Sagar Cements Ltd, all in the Manufacturing industry (Cement and Cement Products), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Rajendra Chamaria ceased to be Managing Director on 28 Jan 2025. Vinit Kumar Tiwari ceased to be CEO on 19 Oct 2024. Keshav Bhajanka was appointed as Director on 09 Nov 2023. Star Cement has 43 board changes on record in total.